2023 accounts

[MattyBlue 17,117]

Are we skint ? 

 

[left winger 14,187]

5 minutes ago, MattyBlue said:

Are we skint ? 

 

Dunno. Tune into SSB tonight and loads of tarriers will let you know.

[SPWF 8,232]

Admin 2 incoming IMO. Worrying times ahead.  

[Guest]

Basically, we’ve pissed away a lot of money on average as fuck footballers. Wage bill up to ~£65m from ~£54m last year, wish they split it between playing and non-playing staff. 

 

[BridgeIsBlue 66,606]

Near £84m turnover. 

[STEPPS BOY 73,924]

“Player trading will always be inherently volatile, yet Rangers must replace sporadic “wins” with systematic success. It is a given that it all begins with player recruitment. 
 

Here’s an idea, Stop signing 28 year olds and injury prone players.

[Somemightsay7 2,408]

The positive is that even with a bloated and overpaid squad we're still profitable. 

If we manage to get that under control we'll be in a pretty good place. 

[BlueAvenger 10,242]

Just now, STEPPS BOY said:

“Player trading will always be inherently volatile, yet Rangers must replace sporadic “wins” with systematic success. It is a given that it all begins with player recruitment. 
 

Here’s an idea, Stop signing 28 year olds and injury prone players.

And players that are pish ! 

[STEPPS BOY 73,924]

2 minutes ago, BlueAvenger said:

And players that are pish ! 

Butland apart, i don’t think we have another player who we could sell for a sizeable fee.

[.Williamson. 82,235]

Didn’t read it but I can tell this is the end 

[Essandoh 21,208]

4 minutes ago, STEPPS BOY said:

Butland apart, i don’t think we have another player who we could sell for a sizeable fee.

Cantwell will be sold for a good fee, I have zero doubts about that

[The Godfather 71,896]

Are we up to our knees in it?

[Swagger 7,971]

13 minutes ago, STEPPS BOY said:

“Player trading will always be inherently volatile, yet Rangers must replace sporadic “wins” with systematic success. It is a given that it all begins with player recruitment. 
 

Here’s an idea, Stop signing 28 year olds and injury prone players.

28 year old shite too 

[B1872 20,719]

13 minutes ago, STEPPS BOY said:

“Player trading will always be inherently volatile, yet Rangers must replace sporadic “wins” with systematic success. It is a given that it all begins with player recruitment. 
 

Here’s an idea, Stop signing 28 year olds and injury prone players.

Aye we must be the only club that operates a player trading model that doesn’t buy or sell any players to fit that model. 😂

Hopefully a competent director of football will be announced this week.

[The Hammer 11 2,579]

Take it these figures include the champions league money ?

[plymouthranger 3,872]

3 minutes ago, The Hammer 11 said:

Take it these figures include the champions league money ?

Yes, and the Bassey and Aribo sales (but not anything from the Europa run that season). 
 

Bascially we made a small profit (under £500k), despite CL football and bringing in a record fee. The reason why we made such a small profit, is because we had to pay off Gio and his team, hire Beale, sign all the dross from summer 2022 and no European football post/Xmas. 
 

Unless we go deep into Europe (e.g. Semi finals in Europa or Conference league), I’d expect us to run at a slight (e.g. under £5million) loss this coming year because of lack of CL money (although reaching the play off round did help). 
 

We brought in circa £10million by selling Sakala, Kamara and Colak, but spent more than that on the incoming players from summer 2023. Hence why Bennett is referencing that we need to make sure the player trading model is delivering consistently, he can see that despite moving a decent chunk of wages from the books, we’ve brought just as much onto them with some questionable quality in the likes of Lammers, Dessers, Matondo, Lawrence, Yilmaz etc. 

[Leeds_Bear 8,110]

27 minutes ago, STEPPS BOY said:

Butland apart, i don’t think we have another player who we could sell for a sizeable fee.

I think Danilo would fit that category, but yeah agreed. It's not a great picture.

[TamCoopz 19,605]

2 minutes ago, plymouthranger said:

Yes, and the Bassey and Aribo sales (but not anything from the Europa run that season). 
 

Bascially we made a small profit (under £500k), despite CL football and bringing in a record fee. The reason why we made such a small profit, is because we had to pay off Gio and his team, hire Beale, sign all the dross from summer 2022 and no European football post/Xmas. 
 

Unless we go deep into Europe (e.g. Semi finals in Europa or Conference league), I’d expect us to run at a slight (e.g. under £5million) loss this coming year because of lack of CL money (although reaching the play off round did help). 
 

We brought in circa £10million by selling Sakala, Kamara and Colak, but spent more than that on the incoming players from summer 2023. Hence why Bennett is referencing that we need to make sure the player trading model is delivering consistently, he can see that despite moving a decent chunk of wages from the books, we’ve brought just as much onto them with some questionable quality in the likes of Lammers, Dessers, Matondo, Lawrence, Yilmaz etc. 

Lawrence isn’t questionable quality ffs

[Guest]

35 minutes ago, Somemightsay7 said:

The positive is that even with a bloated and overpaid squad we're still profitable. 

If we manage to get that under control we'll be in a pretty good place. 

We made a loss. It’s a small operating profit because we’ve moved over £1m of costs below this as “non-recurring” 

[toolongawake 1,205]

5 minutes ago, TamCoopz said:

Lawrence isn’t questionable quality ffs

Aye I'd to double take there

[.Williamson. 82,235]

Sure if we go bust we’ll just make another club and be back in time to stop another 10IAR

Scottish footballs shite, can go right to the depths and win the top flight within 10 years with no real cash injection for transfers 

[Guest]

I know that financially I’m always moaning about the mismanagement at the club, but we had CL revenue and included large transfer fee revenue in the numbers this year yet still posted a loss. The board saying at the Fan Forum we were profitable was disingenuous. 

[graeme_4 34,529]

Biggest takeaway for me is that we absolutely pished all the big money up against the wall. 

[Prso's headband 35,459]

£64m on that wage bill for the players we have is absolutely scandalous btw. There’s probably at least £20m of that we’re getting either 0 return on in terms of player contributions. 

[The Godfather 71,896]

3 minutes ago, graeme_4 said:

Biggest takeaway for me is that we absolutely pished all the big money up against the wall. 

Yup.

Rake in record fees and get CL football and end up spending it on utter shite and letting a laptop manager ruin a squad.

We keep making ludicrous mistakes whenever we get money to play with, needs to end now.

The huge wages spent on guys like Matondo, Lammers, Dessers, Yilmaz and others is howling.