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.
[calameo code=00039017193b8a8bbd612 lang=en page=126 hidelinks=1 width=100% height=500]
885 Comments- Pages:
- «
- 1
- ...
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- ...
- 24
- »
Wants to be involved in any European football restructure but don’t expect them to comply with any rules :oD))
Aye the invites will be pouring in :oD))))
Somebody must have a link to Charlie !!!!
Who can i buy the Scottish Amateur Golf championship from ?
My hun pal just text me this. “I feel sick”
Didn’t see Chuckles as i’m working down south but had a quick look on FF and apparently he played a blinder. 8 out of 10 from the zombies.
….and a quick google search shows every Real Madrid badge/logo from 1902, none of which included a cross.
TET
Wenger 4/6 never to win a trophy?
I think mckay was playing good cop there.
Or down like a Led Zeppelin….(In my time of dying)
praecepta
Where ?
That’s money for nothing….if it’s with Arsenal.
Is wee cherlie tak’n the moonbeams intae a new ssssstratosphere?
Chuckles tells MacKay ‘I bought the titles’. I thought Minty bought them.
I set chuckles to record…now i gotta go look…like rubbernecking a car crash.
Phyllis- re the Lisbon cine film I have emailed my brothers tonight for us to start a serious effort to trace the couple. I am in London so not so easy but we believe that they are in sheltered accommodation in Rutherglen. The question is did they dispose of that old cine camera.
You can come out now sally he’s gone. :o)
All that was missing from the chuckles interview was John Mackay handing over money to buy some shares
I knew I should not have watched that, burst my mittens
If they are daft enough to buy shares from that man
they are doomed , doomed I tell ye
And the bears on RM are praising chuckles for his confidence and straight talking
He apparently put mckay in his place on several occasions .. Apologies in the christmas mail. Could buy the drawings for £9m. We didnt have 67 players when i took over
Stupid stupid sevconians
Monteblanco…..
You are clearly not very observant…..
The tiny cross,situated centrally on the golden crown….
Too much for the mullahs,though…..
TET
Was on talkSPORT.
Reckon one of the smaller bookies or they would have named them (probably rules out; PP, BET365 and BetFred who all advertise with them).
Wher’d you can ur mittens Mrs j is lookin for a pair.
Chuckles , another Charles Green promise, most annoying man.
can=get
If anyone is still looking for the Spartak game from last week, it is still available via bitorrent/isohunt, I downloaded it last week, it’s from Russian TV and they have a good 15 mins pre-match footage of fans outside/teams arriving by coach and a tour of the dressing rooms, for us, it is better than the SKY coverage, only thing is, the commentary is in Russian, so no annoying t***ers in the studio.
Charles Green has aged about five years in 6 months imho.
I expect that they are hoping to divide Scottish football into two fragments as that is exactly what the huns presently want. I think they will be more likely to invest if they are given that assurance. A bit like boxing with the various boxing bodies.
It will be interesting to see what the SPL comission does. I do believe that the comission will be guided by what UEFA wants with regards financial fair play.
Can a clean decision be made while the FTT is being appealed. I fear not and expect further delays.
Delays that will be orchestrated and wanted by UEFA, the SFA, the Scottish government.
I wonder if the Commonwealth games can be used as an excuse to keep Ibrox open as a viable and safe stadium.
The player disputes will rumble on for a year.
I expect Sevco to win promotion.
Has anyone any idea how long it will be before the FTT appeal is finished.
I suspect that Scottish Independence referendum is the real driver here.
George Orwell would be proud of Scotland.
HH
jude2005 is Neil Lennon \o/
If she is no bad at the sowing, she can have mine
Charles Green again openly asserted that Ibrox was worth 150 million. If it was why did Moonbeams walk away ?
But far more importantly than that what are BDO doing ?
And even more amazing for me is how docile the creditors of Rangers have been.
Why ?
HH
.
What are You all Watching..
Green Interview ..?
If So.. Why..?
Summa of JustWokeUpCSC
Awe_naw..,
Will they be promoted with the 25 point deduction for going into administration again ?
Tet.
Wish i could give you a link.
Reality is setting in for him, thems are only loyal when they’re on top.
The cardboard crowds will diminish when their lauded share option fails like murrays did.
We no it and they’re dreading it.hh
Someone should ask him why he’s going to go back into the CL – even after UEFA banned them. I thought he might protest against this by not going back.
In fact why would he accept entry to SFL1 – didn’t he say he wouldn’t go into the SPL because they didn’t want them there? Well SFL1 also didn’t want them.
S o S
Its funny.
Awe_Naw_No_Annoni_Oan_Anaw_Noo
23:25 on
11 December, 2012
Charles Green again openly asserted that Ibrox was worth 150 million. If it was why did Moonbeams walk away ?
But far more importantly than that what are BDO doing ?
And even more amazing for me is how docile the creditors of Rangers have been.
Why ?
========
Bullet to Brain, tis not that hard.
.
Question..
Please..
In Which Senario did Debenture Holders (Club Deck) get their Money Back..
Admin.. Or Liquidation.. I believe it would Cost 6.5M.. And they would be Paid before Creditors..
Thanks in Advance..
Summa
STV would be better off going the whole hog and just rebuild the set from the Winchester club. Get some nuckle dragger from the Louden to play Terry McCann and Waldo Norsurname can polish the pint mugs.
Its a well known fact that Sevcodgers are a gullable lot but surely even they can see through this lying, conning spiv.
hh
Dead and Loving it
Yuck!!
I genuinely feel if they can see this season out without getting in to administration it will be a real achievement..
jude2005 is Neil Lennon \o/
tell you this boy, them mittens get washed every year,Rab C specials
Awe naw.
Do you think ibrokes would meet with the h&s standards with the documented asbestos problems.hh