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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night all
3-1
Dearie me……but very well done, Bradford..!!!!!!
Congratulations, Bradford.
Pardon me HarryHood’sdug.
It was a rather drastic way to take your attention.
jude2005 is neil lennon \o/
22:18 on
11 December, 2012
Has Arbroath got underground heating?
Mrs McLumpher’s B&B has got a 3 bar fire in each room.
jude 2005
They don’t have underground heating.
But they have gone down the Billie Jo Speirs route so the game has a good chance of going on.
Wenger’s position as Arsenal manager must be close to untenable now
They are going absolutely nowhere with him in charge
“No matter how Charles Green attempts to dress it up, a newco equals a new club. When the CVA was thrown out, Rangers as we know them died” – James Traynor, ex journalist, and now Director of Communications for The Rangers FC
After getting a few penalties on Saturday i thought Arsenal would have gone through .
Dont like this Bradford result. I think Arsenal will be sniffin around Lenny if big Ars doesnt come up with some silverware soon.
So The Drinking,Gambling Canamalar Objects To Celtic Being Sponsored By A Drinks Firm….
Wine & Beer…..Taken In MODERATION…
Are Beneficial To Health And Longevity…
And The Pleasurable Consumption Of Alcohol Is An Integral Part Of Our Brilliant Western Civilisation….
That Has Given Us All That Is Good And Worthwhile….In Creation…..
Of Course,Canamalar Would Rather That We Prostate Ourself To Scheming,Corrupt Desert Arabs….
To Gain A Meagre Few Shekels…….
Like Real Madrid And Barcelona Have Done In The Past Year…..
And Have Indulged Their New Pimpmasters……
By Removing The CROSS From Their Club Badges…..
(Lest It Causes Offence…!!!!)
Yes,Mr Lawwell…The Crosses Will Have To Go……
And The Shamrock….??
Hmmmm…..A Bit Too Cruciform,I’m Afraid….
It’ll Have To Go Also…..
Aye,Barcelona….More Than A Club,Indeed….
Quite Prepared To Sell Out Their Cultural Values And Heritage…..
So Long As The Price Is Right….
bbs.chinadaily.com.cn/thread-742272-1-1.html
What Would Dear Brother Walfrid…..
Have Thought About It All…..?
The arse might get rid of arse
The gooners a goner
praecepta
Wow, 8 shoot out’s, never knew that, make that 9 :>)
Arsenal were 9/1 to win the shootout when they missed the first 2, I resisted, thankfully.
Delighted for Bradford, worst period in their history was when they employed Jim Jefferies, whatever were they thinking !!!!!
Ten Men Won The League
22:27 on 11 December, 2012
He has the safest job in football. He’s bombproof. Their CEO said last week winning trophies is not what they are measured on.
Any other top club and he would have gone once he reached 4 or 5 years without a trophy, 8 years and counting, makes no difference.
The game is on SKY so there’s every chance regardless of the weather it’ll go ahead.
SaltAir Smokies CSC
Before pens
arsenal 8/11
Bradford 1/1
…… And Bradford 8 penalty shoot out wins behind them!!!
Easiest tenner EVER Lol
Arsenal full of guys playing for themselves,never a team.
TET
What about Mr McCall?
jude2005 is Neil Lennon \o/
22:29 on
11 December, 2012
Dont like this Bradford result. I think Arsenal will be sniffin around Lenny if big Ars doesnt come up with some silverware soon.
More chance of Arbroath getting underground heating than that!!!
Who rattled the gobshi**s cage
Jude
They tried to get the sharp suited man a couple of years ago, they failed, they won’t get Lenny.
Cheek to Cheek
“Wenger must resign tonight. This humiliation cannot continue – for him, the Club, and the fans.”
piers morgan
SoAL
I forgot about him, but as he played for them, that can be forgiven, just :>)
Arsen’s time is up but I expect Arsenal will use more dignity than most. Would fully expect Wenger to see out the season with a close season “football department restructure”.
I think he would fully deserve such respect.
Jock Stein & Bill Shankly would have appreciated something similar!
Quite funny
https://www.facebook.com/photo.php?fbid=566236080058674&set=a.197201896962096.59443.182670641748555&type=1&theater
Real Madrid Loses Cross From Logo…
The top-ranked football team in Spain,
Real Madrid, has removed a Christian
cross from its official logo as a way to
strengthen its fan base among Muslims
in Europe and the Middle East.
According to Spain’s top sports
newspaper, Marca, the change was
made to “avoid any form of confusion
or misinterpretation in a region where
the majority of the population is
Muslim.”
Real Madrid says its decision to remove
the cross from its logo (see image
above) is simply a cost of doing
business in a globalized world. But
critics say the move represents yet
another erosion of European culture
and tradition in the face of encroaching
Islam.
The cross controversy comes as Real
Madrid begins to build a $1 billion
sports tourist resort in the United Arab
Emirates. The foundation stone for the
50 hectare Real Madrid Resort Island
was laid in the emirate of Ras al-
Khaimah on March 29; the complex is
scheduled to open in January 2015.
Real Madrid says its resort island will be
the first theme park on an artificial
island to combine tourism and sports,
and it will be the first recreational
tourism complex built under the Real
Madrid trademark. The complex will
include a 450-room luxury hotel, luxury
villas, a sporting harbor, and the
world’s first-ever football stadium that
is open to the sea.
According to Real Madrid, “This is a
decisive and strategic step that will
enhance the strength of this institution
in the Middle East and Asia, a key
region in which the passion for this club
has been apparent. Real Madrid and
the Government of Ras al-Khaimah
want to transmit the passion of Real
Madrid and what it means throughout
the world.”
As part of the agreement, however, the
ruler of Ras al-Khaimah, Sheikh Saud
Bin Saqr al Qasimi, required Real
Madrid to remove the cross from the
crown on its logo for all promotional
materials related to the resort island.
The president of Real Madrid, Florentino
Pérez, dutifully complied.
The cross was first to Real Madrid’s logo
in 1920, when King Alfonso XIII granted
the club his royal patronage. The word
Real is Spanish for royal, and the cross
still forms an integral part of the coat of
arms of the King of Spain.
To be sure, Real Madrid is not the first
Spanish football club to remove a
“religiously incorrect” cross from its
logo in an effort to appease Muslim
sensibilities. Some observers, in fact,
say Real Madrid’s move is part of a
concerted effort to prevent a rival
football team in Barcelona from winning
over the Middle East.
In addition to earning €30 million per
season, the agreement has enabled FC
Barcelona — which claims to be “the
undisputed brand leader in world
football” — to expand its influence
throughout the Middle East.
FC Barcelona’s public relations efforts in
the Muslim world have not been
without controversy. Like Real Madrid,
FC Barcelona has a cross in its official
logo. But after Saudi Arabia complained
that the so-called Cruz de San Jorge —
a red and white cross that forms an
integral part of FC Barcelona’s logo —
was offensive to Islam because it
evokes memories of the medieval
Crusades, the horizontal line (and thus
the offending cross) was removed from
all FC Barcelona shirts sold in the
Middle East.
NEIL LENNON last night admitted Anthony Stokes had “been dealt with” after recent poor off-the-field publicity about the player reflected badly on Celtic.
The Bhoys boss has reacted following pictures and stories about his striker back in Ireland.
And he has laid it on the line to Stokes, left, that such behaviour won’t be tolerated at Parkhead.
“We have spoke to him and it has been dealt with internally,” rapped Lennon as he prepared for tonight’s Scottish Cup replay against Arbroath at Gayfield.
We have spoke to him and it has been dealt with internally
“I am not going to moralise to him but you cannot damage the reputation of the club which he did.
“He is aware of that now.”
Stokes found himself on the front pages rather than the back pages recently when he was back in Dublin and attended a memorial party for a murdered Real IRA boss and Celtic have taken a dim view of it.
The striker is likely to have been fined two weeks’ wages but Lennon is convinced he has learned his lesson.
When asked if Stokes had taken it on board he added: “Absolutely, yes.”
These are difficult times for Stokes who has been out injured for months and is not expected to be back until the new year.
When Lennon was questioned on whether it was make-or-break time for his player at the club he declared: “No. But maybe it is in terms of football.
He has been out for the best part of four to six months, so he wants to get back playing and we want him to get back playing because over the last two seasons he has been a very important player for us in terms of goals.”
With Celts facing a glut of fixtures this month there was better news regarding winger James Forrest who has resumed training after his injury-enforced absence
Keevins must be right gubbed wae jabba & king getting joabies at doom dome.
Not so woried at the moment about lenny as i think he’s enjoying proving a lot of people wrong.
My worry is the breakup of a young Celtic team that if kept together could achieve things i never thought id see.hh
Arsenal take a very long term view. As do their fans. They are the top club in the world when it comes to generating their own revenue i.e – no sugar daddies, no loans.
The expected football Armageddon has not materialised. But I don’t see Arsenal suddenly resorting to borrowing to capture trophies. Remember they built a very expensive stadium in a very expensive city. It’s almost been paid off.
The one handicap Arsene Wenger has is he will not countenance a player who takes a drink. So most of ours will be safe from his bony clutches.
TSOAL
What is??
Looks like The Scotsman will be jumping on the anti Celtic DR bandwagon tomorrow
Green coming on STV to tell a few more lies and threaten more folk.
Stokes is 25 going on 7.
Comedy show coming on STV, Scotland tonight. Here’s Chucky!!!
The singing detective – I agree with Real Madrid and Barca.
No place for religion in sport.
Or on CQN.
Personally I’d tell the club where to stick it, it’s not their business if he wants to pay his respects to a deceased friend three months ago, this is outrageous.