Bobby83 0 Posted January 4, 2009 Share Posted January 4, 2009 How much is our Debt standing at now? Link to post Share on other sites More sharing options...
Polo 1,435 Posted January 4, 2009 Share Posted January 4, 2009 How much is Celtic's?.... Out of interest. Link to post Share on other sites More sharing options...
NOLUWDC 1 Posted January 4, 2009 Share Posted January 4, 2009 Ours is currently £21 million and rising and Celtic's is £3.5 million. I'm sure that is it. Link to post Share on other sites More sharing options...
Polo 1,435 Posted January 4, 2009 Share Posted January 4, 2009 Ours is currently £21 million and rising and Celtic's is £3.5 million. I'm sure that is it. Was just wondering if Bobby83 KNEW Link to post Share on other sites More sharing options...
NOLUWDC 1 Posted January 4, 2009 Share Posted January 4, 2009 gotcha Link to post Share on other sites More sharing options...
Polo 1,435 Posted January 4, 2009 Share Posted January 4, 2009 Do Celtic Boys Club have any kind of debts? E.g. outstanding compensatory payments? I imagine they spiral out of control. What's That? Link to post Share on other sites More sharing options...
Bluedell 14 Posted January 4, 2009 Share Posted January 4, 2009 Ours is currently £21 million and rising and Celtic's is £3.5 million. I'm sure that is it. Theirs is £6.7m. They tried to reduce it by coming up with some new definition of it. Link to post Share on other sites More sharing options...
Bobby83 0 Posted January 5, 2009 Author Share Posted January 5, 2009 How much is Celtic's?.... Out of interest. Ah right im a tim. Got ya. Link to post Share on other sites More sharing options...
Bobby83 0 Posted January 5, 2009 Author Share Posted January 5, 2009 Ours is currently £21 million and rising Not so bad, half of that could be gone by the end of Jan. Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted January 5, 2009 Share Posted January 5, 2009 Ours is currently £21 million and rising Not so bad, half of that could be gone by the end of Jan. So could sellck's lead in the league...... Link to post Share on other sites More sharing options...
SuperRangers 2 Posted January 5, 2009 Share Posted January 5, 2009 Its between £16-£66 million depending to who you listen tae on here. Link to post Share on other sites More sharing options...
Bobby83 0 Posted January 5, 2009 Author Share Posted January 5, 2009 Its between £16-£66 million depending to who you listen tae on here. I read it was around 20m, but I remember it being around 60. Link to post Share on other sites More sharing options...
Bobby83 0 Posted January 5, 2009 Author Share Posted January 5, 2009 Ours is currently £21 million and rising Not so bad, half of that could be gone by the end of Jan. So could sellck's lead in the league...... But not if we sell? that what your saying? Link to post Share on other sites More sharing options...
radlord 24 Posted January 5, 2009 Share Posted January 5, 2009 I think it depends on your definition. It's around 20-odd million but about 50m was basically transferred to MIH. I think. Link to post Share on other sites More sharing options...
biotechnology 2 Posted January 5, 2009 Share Posted January 5, 2009 I think it depends on your definition. It's around 20-odd million but about 50m was basically transferred to MIH. I think. (tu) Link to post Share on other sites More sharing options...
nvager 498 Posted January 5, 2009 Share Posted January 5, 2009 IF i remember correctly it was around 26m at the end of last season and must be appx 30m by now. Link to post Share on other sites More sharing options...
Imodium 412 Posted January 5, 2009 Share Posted January 5, 2009 On the debt - if JJB folds does anyone have an idea of what would happen in terms of monies we are due or have been paid? Would love to see the balance sheet at Ibrox even just to sneak a wee look at the weekly wage bill to see what we are facing for the next few years. Link to post Share on other sites More sharing options...
Bluedell 14 Posted January 6, 2009 Share Posted January 6, 2009 Our net debt was £21.6m in June and is probably standing at over £30m at the moment. This will continue to increase over the next few months then reduce again when the season ticket cash comes in. Link to post Share on other sites More sharing options...
Frankie 505 Posted January 6, 2009 Share Posted January 6, 2009 Unless we sell players we will report a debt of at least £30million in the summer... The failure to qualify for the CL (or even the UEFA Cup) and the questionable dealings in the transfer market will prove extremely problematic for our club. Link to post Share on other sites More sharing options...
alan2306 0 Posted January 6, 2009 Share Posted January 6, 2009 I fear the worst has yet to come. Link to post Share on other sites More sharing options...
nybrianr 0 Posted January 7, 2009 Share Posted January 7, 2009 On the debt - if JJB folds does anyone have an idea of what would happen in terms of monies we are due or have been paid? Would love to see the balance sheet at Ibrox even just to sneak a wee look at the weekly wage bill to see what we are facing for the next few years. Rangers entered a 10 year deal with JJB worth 48million quid back in 2006. An initial payment of 18million was made , with subsequent payments of 3million (rising should certain targets be met). Monies received will remain with the Gers an should JJB go into administration, the merchandising rights will revert back to Rangers. Murray said as much at the last AGM i believe. Link to post Share on other sites More sharing options...
gronaldo 38 Posted January 7, 2009 Share Posted January 7, 2009 Here's a reasonably objective overview of the situation - http://www.football-finances.org.uk/rangers/debt2.htm It puts the figure at £22 million, but as they say, the worrying thing is that there was no improvement on the debt last season despite having a fantastic year on the pitch so there's some serious cause for concern over what the figure will be at the end of this season. Link to post Share on other sites More sharing options...
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