A quick £13m profit for Green and pals


Charles Green and his initial backers have achieved a remarkable result with what is already evident in their prospectus.  Page 66 notes: “In the period to 31 August 2012, a total of 25,340,000 shares were issued for a total consideration of £7,719,000”, issued at approximately 30.4p per share.  At a price of 70p per share these shares would be worth £17.738m, a cool £10m profit.

Since that August date Green has enjoyed something of a windfall.  Page 83 notes, “The contractual right to an option over 10 per cent. of the enlarged ordinary share capital of RFCL was exercised by Charles Green on 31 October 2012 by a partial exercise notice pursuant to which 5,000,000 ordinary shares of 1p each in RFCL were issued to Charles Green on 31 October 2012.”

That’s 5m shares, worth 70p each, which is a stunning £3.5m to add to the above £10m!

Have you heard how great the CQN Annual is? You can order online here, not many posting days left before Christmas!

Next month a raft of new bodies will have notifiable shareholdings, specifically: Hargreave Hale, Artemis Investment Management, Cazenove Capital Management, Legal & General Investment and Insight Investment Management, all of whom will seek returns for their money.

2012 was the year Rangers were liquidated.  It was also the year the assets were snatched from the grasp of an array of Rangers fans by people who saw an opportunity.

2013 will bring an SPL Commission and Upper Tier Tribunal issues for oldco but the consequences of these share issues will determine the performance of newco for decades to come.  I think you and me should keep quiet about this.  Let Charlie carry on and do what he needs to do over the coming weeks.

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  1. I hope we will see a media uproar at the young Stirling fan being hit by a missile at the bigot dome on Saturday.



    Probably not, Sweep… Sweep..

  2. PeteTheBeat @ 12:18



    Bad news, Pete: these days, the only podiums of substance are those garnered when Philvis is actually in the building.



    Of course, it’s possible he is actually in the building, but feigning disinterest, having been pipped to the pod …








    Believe me,no matter how much incontrivertible proof you show a hun about this,he will just tell you to eff off.



    He won’t even stick his fingers in his ears and go lalalala anymore.



    Charlie has indeed played them like a fiddle.

  4. FA are considering that foreign players get an introduction to the “British cultural environment” when they arrive in order to tackle racism.



    WestHam fans singing and shouting nazi slogans.



    Constant monkey actions at various grounds every week.



    Aye, blame the foreigners….

  5. Sorry if you read this at the end of the last article.



    The proposed changes to the league where it’s effectively two league tournaments in one season will help Rangers. Investors will be able to hedge their bets and that’s how Rangers will try to sell it i.e. – “we only have to come fourth twice and we’re back in the SPL. So we can offer you three stages of investmet. To come fourth, to come fourth again, and then to compete in the SPL.”


    As an investment it could be an earner, whether we like it or not.

  6. SOAL, good, thanks.



    BOBBY MURDOCH’S CURLED-UP, the lack of vigilance during these times is a good thing. Not for The Rangers, of course.



    Lennon n Mc….Mjallby, indeed.


    VNHAN 1226



    And there you have the reason why PHILVISRETURNS missed the podium.



    His Gentleman’s Gentleman was having his lunch break,and was unable to read the article to the young master.

  8. Prince Albert_Kidd of Hamilton on

    Who are his pals? We demand to know.



    £50,000 = £3,500,000 = nice return







    It’s great: Stickies are drawn to chancers like Chucky, like moths to a flame: cf. SDM, CW (at least for a few months) and now CG (at least for a few months).



    The best bit is that the more we point this out, the less inclined they are to believe …



    Hell mend them.




  10. Ten Men Won The League @ 12 04



    Indeed .



    One of my favorite memories of Euro 2012 —————



    England v Italy Quarter Final .



    England fielded Andy Carroll with @ 30 minutes to go . The small Italian support serenaded his arrival with this —————



    ” Armadio ——Armadio ——Armadio ” —[ Wardrobe Wardrobe Wardrobe ]

  11. For a man advocating we should all keep quiet for now ( and I agree – let them make fools of themselves) you’ve fairly put things up in lights with this article, Paul.


    I would far rather the blind idiots who go to bigotdome also became even more skint just to make it all the sweeter.

  12. “Next month a raft of new bodies will have notifiable shareholdings, specifically: Hargreave Hale, Artemis Investment Management,..”



    I used to know someone high up at Artemis. He cashed out 2 days before Lehman Brothers collapsed with a cool few million. Perhaps Sevco will be the new Lehman and the City boys will win again.

  13. BDO.csc



    BDO. any Scottish supporter club.



    It sickens me listening to these total conformists on Clyde etc. How good is that media house cash?



    12:29 on


    11 December, 2012




    If Philvis wanted the podium I’m sure he would just purchase it. Probably thinks a servers for dishing out the dolphin steaks n truffles :¬)



    Philvis chill cause I’m giving ye a thumbs up!

  15. jimmci



    You can rest assured that nothing P67 says will be accepted as truth by the hun hordes. They’ve got his number dontchaknow!

  16. Have I missed the SFA statement on Charles Green telling the Sevco support he was not taking tickets for the SFA’S premier competition and denegrating another club Chairman?



    Campbell Ogilve popped oot his box when the FTTT result came out, has he been put back in it again now the Appeal is a goer?

  17. For your idle speculation:



    These will differ from official stats, as I take into account penalties won. Also, if a player does it all himself, he gets the goal AND the assist. It’s more reflective of overall contribution towards goals IMO.



    I hasten to add I don’t place too much stock in this kind of stat – Ki would have done well out of this, and while I enjoyed his good days, there were plenty bad ones where ‘lack of heart’ was for once justified to use against a player.



    However, it is interesting to note how well Sammi is doing – maybe this is something to do with the upsurge in Sammi supporters, while those of us who saw what he brought to the team last season and the one before that didn’t need goals and assists to spark our appreciation.



    Player. Minutes played. Minutes per goal/assist (Season 2012/13)



    Watt – – – – – – – 985 – – – 82



    Lassad- – – – – -345 – – – 86



    Samaras – – – 1305 – – 100



    Commons – – 1780 – – 111



    Hooper – – – – -1780 – – 111



    Mulgrew — – – 2090 – – 131



    Twardzik – – – – 180 – – 180



    Mcgeouch – – – 220 – – 220



    Wanyama- – -2100 – – 300



    McCourt – – – – -300 – – 300



    Lustig- – – – – -1300 – – 325



    Matthews – – -1890 – – 378



    Brown – – – – – 1310 – – 437



    Ledley – – – – – 1420 – – 473



    Forrest – – – – – 960 – – 480



    Miku – – – – – – – 560 – – 560



    Izaguirre – – – -1700 – -567



    Kayal – – – – – – -935 – -935



    Ambrose – – – 1480 – 1480



    Forster – – – – -2240 – 2240



    Wilson – – – – -1540



    Rogne- – – – – – 530



    Zaluska – – – – – 180



    Stokes – – – – – -100



    Ibrahim – – – – – – 90



    Chalmers – – – – 55



    Irvine – – – – – – – -45



    Slane – – – – – – – 25



    Murphy – – – – – – 20

  18. I’m on my works laptop and for the life o me I can’t suss out how to navigate onto the CQN new article from the old article, anybody ken the answer tae that yin?



    Thanks in advance.




  19. Joe Filippis Haircut on

    I must admit I got lost ages ago on the whole Rangers situation.I have no idea what Charles Green is doing or not doing.I dont understand Paul67s post is it good news or bad news or no news at all really ? H.H.

  20. SPL secretary Iain Blair says the league isn’t able to reschedule Celtic matches to help them progress in Europe.



    Neil Lennon’s men are scheduled to play eight matches this month with four games on in January.



    The Hoops will play in the last 16 of the Champions League in February, with Kilmarnock boss Kenny Shiels urging the SPL to help the Hoops by easing any possible fixture congestion.



    However speaking to the Scottish Sun Blair said: “Logistically, it just isn’t possible to reschedule games at this time.



    “Without any interference from the weather, Celtic could potentially find themselves with a backlog of three games.



    “And that doesn’t include the possibility of other Scottish Cup replays, of course.



    “The other problem we have is that UEFA don’t allow us to schedule games in the same week as European ties.



    “Kenny Shiels suggested that we move matches to give Celtic more time to prepare and, in an ideal world, that’s what would happen.



    “It would benefit Scottish clubs because our coefficient will improve if Celtic can reach the quarter-finals. But we simply can’t have our season ending in September.



    “In fact, my worst nightmare would be having a cold snap when the Scottish Cup starts again in February, leading to a pile-up of league fixtures.



    “Our last games before the split are due to be played on April 6.



    “So we would like to help but the gaps just aren’t there to allow that to happen.”

  21. The only question is; what is Charles Green’s motive?



    Either he is a born-again rankers fan who has fallen in love with the ‘club’



    ..or he is in it for the cash.





    I expect Charliebhoy will be extremely careful that any promises he has made to professional investors are honoured,otherwise his freedom will be prejudiced.



    Likewise,promises made to certain shady types,lest his breathing be prejudiced.



    Now,with him,his cronies,the city boys,and the shady types ALL taking a goodly profit as they ride off into the sunset,that’s a L-O-T-T-A Monday books going into hock.



    Personally,I doubt their fans will have any money left for the next saviour/charlatan…..

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