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Bassey, Aribo and Itten money gone between the summer transfer window and paying off Gio n co.

Edmiston House costing well more than £12m and will be more than 10 years to break even.

No money set aside for lawsuits with Elite and Aussie friendly.

Turnover of £82.7m and still making losses of £3.5m.

Decisions made by this executive board have been a cataclysmic disaster and any other job would see them no longer employed.

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9 minutes ago, RFC55 said:

You’ve used empires thread on FF for this.

what people aren’t realising is EH had to go ahead the now as it helps with the FFP.

aribo wasn’t paid in full as far as I’m aware also and neither was itten 

Don't go on FF. Transfer fees recieved weren't paid in full nor are transfer fees paid. They balance off over the years but the money recieved for Bassey, Aribo and Itten is less than what we spent in the summer and paying off Gio.

EH will help slightly with FFP but barely.

companies_house_document.pdf

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3 minutes ago, esquire8 said:

Don't go on FF. Transfer fees recieved weren't paid in full nor are transfer fees paid. They balance off over the years but the money recieved for Bassey, Aribo and Itten is less than what we spent in the summer and paying off Gio.

companies_house_document.pdf 1.61 MB · 0 downloads

This exact thread with almost the same wording is on there.

Rumour has it share issues are what’s paid for Ed house not any of the money received for players, we had big outlays on 3 players this summer.

 

 

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3 minutes ago, RFC55 said:

This exact thread with almost the same wording is on there.

Rumour has it share issues are what’s paid for Ed house not any of the money received for players, we had big outlays on 3 players this summer.

 

 

He’s copied it from Twitter.

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3 minutes ago, RFC55 said:

This exact thread with almost the same wording is on there.

Rumour has it share issues are what’s paid for Ed house not any of the money received for players, we had big outlays on 3 players this summer.

 

 

Didn't say we spent money recieved from players on EH. 

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26 minutes ago, esquire8 said:

Bassey, Aribo and Itten money gone between the summer transfer window and paying off Gio n co.

Edmiston House costing well more than £12m and will be more than 10 years to break even.

No money set aside for lawsuits with Elite and Aussie friendly.

Turnover of £82.7m and still making losses of £3.5m.

Decisions made by this executive board have been a cataclysmic disaster and any other job would see them no longer employed.

You make that sound much worse than it is, as none of their transfers have been paid in full. 

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6 minutes ago, esquire8 said:

Didn't say we spent money recieved from players on EH. 

Rangers rushed it through for FFP reasons when the cost of building materials went up and continue to do so, but that will help us with FFP rules 

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5 minutes ago, graeme_4 said:

You make that sound much worse than it is, as none of their transfers have been paid in full. 

And neither do we pay our purchases in full either, but he's not wrong, bassey, aribo and itten money that is guaranteed amounts to what we are guaranteed to pay and the gio pay off, its the addons that will take us over an above for our sales, 

The EH project as 55 says is for ffp rules, and was paid by separate measures, 

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17 minutes ago, STEPPS BOY said:

£15 million spend on players last summer.

1 started on Saturday, 1 came on as a sub the others not involved.

No real assets in squad either at moment.

Complete mismanagement.

Again will b in instalments but agree with sentiment.

Lawrence/ridvan/davies/souttar out new guys injured for long spells. Perhaps we shud spend our cash on new medical staff.

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1 minute ago, born a blue nose said:

Wee midget bastard better get tae fuck man. 2 signings we know Beales brought in are Raskin and Cantwell, both been really positive. We need to be all in with Beale not this wee cunt he needs fuckin chased man

Raskin is a Wilson signing.

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24 minutes ago, born a blue nose said:

Wee midget bastard better get tae fuck man. 2 signings we know Beales brought in are Raskin and Cantwell, both been really positive. We need to be all in with Beale not this wee cunt he needs fuckin chased man

We were due to sign raskin last summer till nice pulled out of the kamara deal, raskin was known long before beale got gios job

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I am not a bean counter but a cursory glance at the report shows income up and losses well down. Sounds like progress to me.

We have people with a solid business background running the club which has not always been the case in recent times. If they are content with the numbers then so am I. Almost certainly safe to ignore some social media ramblings.

 

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1 hour ago, RFC55 said:

Rangers rushed it through for FFP reasons when the cost of building materials went up and continue to do so, but that will help us with FFP rules 

Had most of the materials for a new bathroom piled up in one of the spare rooms since early November on the advice of our contractor 😂 work starts in a week.

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2 hours ago, KingKirk said:

Still got the sports bar and the investment in the disabled seating areas to come yet. 

:lol: That corner unit will lie empty for years once we fully move the shop over to EH.  

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