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
- ...
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- »
FFM,
It’s nothing to do with a fighting chance, they have been sanitising the support since McCann took over, he instigated it, he set the establishment on the Celtic. Support and started the dumbing down. This mob are simply following through.
One of my first rants on this very site was about the sanitisation of Celtic park, ‘lets go out to the ball game’ is where they want to be, an idiot money cow for the milking, too stupid to even know when our rights are being abused. They demand compliance and conformity without question and there are many idiots going for it hook line and sinker, who think they are doing right by supporting the sanitisation.
Keep politics out of sport, keep religion out of sport, keep reality out of sport, I’m comfortable and I demand to remain ignorant of injustice because it doesn’t affect me at the moment..
Celtic football club more than a club thr Celtic family that leaves its poor relations in the workhouse. Open to all as long as they can afford it. The soul of the club is being murdered by indifference to hardship and intolerance of freedom.
Rant done
Bawbaws
Night night n
Hail Hail
For an alternative view of the reincarnation of RFC consider the following:
The share issue is a success, whether they manage to shift 100% or 75%.
They will have money, or someone will, for investment in the stadium, team and promotion.
The money is free and clear, no debts to speak of.
Unarguably, the team will gain promotion to the top tier by 2015 even without restructuring.
So the team Formerly Known as Rangers now known as The Rangers will have the assets and financial strength to once again be a major force in Scottish football.
Successful promotions, winning teams attract crowds and The Rangers will surely be able to sell all their season books in the top tier, whatever it is called.
My question is “How well prepared will we be to meet the challenge?”
Can our board effectively manage the European bounty we will hopefully receive in the next three seasons?
Can they, will they, dare they resist the support’s cries to pay ever bigger transfer fees and wages to attract a higher calibre of ready made players?
Can they find a way to ensure that we have the resources, on the field and in the bank, to meet and beat the challenge of a cash rish morally poor The Rangers?
Can we as a support tolerate the effects of planning for this eventuality?
‘GG
Good morning CQN
Arbroath here we come
Come on you Bhoys in green Glasgow’s Green and White
We’ll rise in the morning with the Fenian band
Rise in the morning with the Fenian band
Keep the Faith
Hail Hail
8 days
19 hours
9 minutes
5 Seconds.
Morning Celts,
Jobo -1c down here and it looks like freezing fog innaw, away to work….. Tooodalooo
Ps 33c in Melbourne Aus just now,
V
Zimmerman if that’s a count down to the draw, who cares :>)
We’re gonnae win it!
V
Just recently got hard drive, fed up the tv being taken over by reality,”celebrity” garbage.. Whats best site to fill an hard drive up. Films and documenteries ?
For summa and other oz tims
Appartnly arbroath game on reply on setanta tomorrow around midday.
Up the ceeeelic
GG 04.57
At last some common sense on The Rangers position on here.
The New Rangers will be back in top flight Scottish football in approx 3 years.
They will be debt free and backed by sell out crowds..
They feel hard done bye and want revenge.
They want blood.
The majority of posters on this site have their heads buried in the sand on this issue.
The Zombies have no option but to back this share issue.
It is give blood or die time.
They have no choice , they will give blood.
Our board must win the stay away season ticket fans back to Celtic park.
Emptying stadiums breed , emptying stadiums.
We need our supporters to turn up every week and fill the stadium.
This is not purely an economic thing.
I travelled alongside 6 Tims from my area to Barcelona.
They spent more on two days in Barca , than a season ticket costs.
All of them had season tickets 3 seasons ago.None of them have one now.
They have lost the motivation to support Celtic week in week out.
Celtic must address this because The Sevcovians need for revenge is going to stoke their motivation for years to come.
Our support needs to rise , to turn up each week, not just for CL , and other big games.
We have a wonderful base to work from.
A67
proudbhoy
06:23 on 12 December, 2012
………..
Cheers for info, I’ll relay that to my two Aussie bhoys.
V
vmhan
06:39 on 12 December, 2012
proudbhoy
06:23 on 12 December, 2012
………..
Cheers for info, I’ll relay that to my two Aussie bhoys.
V
—
No worries. Just checked there.
On at 12:50pm tomorrow.
Good morning friends from a dry, cold but not so frosty EK. Hope tonight’s game goes ahead. Wrap up warm!
proudbhoy
06:43 on 12 December, 2012
……….
Cheers proudbhoy, my eldest just finished for hols and home for Christmas via a few beers with the Sing tims (thumbs up)
V
Andrew67
06:37 on 12 December, 2012
The hun support have been galvanised by the events that overtook them.
The level of commitment they are showing at the moment will not be sustained.
By the time they get back into the top flight a lot of them will have fallen by the wayside. The novelty will wear off and continued economic slump will take its toll on their individual finances.
And the money being raised through the share issue isn’t for the benefit of the club.
You’re continuing to call this wrong.
Jobo – no frost? Just been for a run and it’s Baltic down here.
Let’s hope the weather’s the same as yours for tonight.
Huns will be huns.
tomtheleedstim –
I only said it was “not so frosty” not “no frost”! ;-)
Still pretty cold.
Right, Hi Ho time…..
vmhan
07:01 on
12 December, 2012
proudbhoy
06:43 on 12 December, 2012
……….
Cheers proudbhoy, my eldest just finished for hols and home for Christmas via a few beers with the Sing tims (thumbs up)
V
—-
Thats great, hope use have good crimbo .
All the best
When I was much younger, I ran with an eclectic crowd. Mostly reasonably educated student types, many, young, fit, athletic, sporty types, who reached varying levels of expertise in their chosen sports, mainly football.
We all were into music and spent what little money we had on the latest music and going to to gigs we could ill afford. Some of us enjoyed a wee nod towards the Arts, theatre, ballet etc, it sort of rounded our personalities we thought, some of us were proficient musically.
We all had a keen interest in life, love and entertainment. We socialised, generally abusing alcohol freely and sought out adventures of a sexual nature with our current fascination. We had a perfectly normal young adult lifestyle, I would suggest.
Of course, we had political debate and took a keen interest in the world around us, offering our support to various causes. We lived through the 3 day week, Thatcherism, Reaganism, Miners strike, CND and a great many more. We rallied against cuts in Education, strikes against the NHS; and many other global events caught our attention, poverty and starvation in Africa, Biafra, the fall of the Berlin Wall, Mandela and SA apartheid, even Pope John Paul II’s world wild evangelical travels.
Pretty normal stuff generally.
There was however one guy who never fitted in, though always on the edge of our community. He was avoided by the majority due to his egocentric, one track, politically motivated, insistence in dominating others with his tedious myopic view on all things, conspiracy theorised, BS, that we all had to accept. Born out of a crushing lack of confidence and self loathing, Rab, lets call him, alienated himself further and further with his pathetic diatribe. I remember him, in tears, drunk, asking why no one liked him. Seriously, he simply did not understand that to life there are a great many aspects and for one person to continually attempt to dominate conversation with the same opinionated agenda will eventually ostracise themselves from that group.
EC67
morning bhoys/ghirls
12/12/12
for the last time ever
no more matching day,month year
12 past arbroath hoops, please
HH
Ernie Lynch
It is too early for me to say that I am calling this wrong or state that I am right.
I certainly hope that I am wrong.
The Sevcovian season ticket holders that i know , are all going to buy shares.
Celtic have not declared how many season ticket books that we have sold this season.
I doubt that it is greater than the 37,000 that Sevco have sold at lower prices in the 3rd division.
I don’t see there numbers reducing on the way back to the SPL (or whatever reincarnation ) and they will be there in there drives to try and smite us.
They hate us Ernie.
They feel superior to us.
This will be there only way to put us in our place and them back to where they feel they should be.
It is in their DNA.
Sorry , but thinking that they are going to die away is wishful thinking in my view.
Time will tell, I hope that I am wrong.
A67
Post by monteblanco is worth a read Celts……
monteblanco
00:09 on 12 December, 2012
The singing detective
…….
V
Minus two in Arbroath tonight according to the BBC.
Anyone know Is the game in any doubt at all?
KDS saying they’ve got pitch blankets which work to minus six so full steam ahead.
Back later.
Tomtheleedstim
The game will go ahead .Arbroath have covers on the pitch.
It is live on Sky and the TV revenue will ensure that they pull out all the stops.
They better had.
I have 4 tickets and would most likely miss the rearranged fixture.(:-)
A67
Tomtheleedstim
16 miles along the coast in Broughty Ferry, there is no hard frost whatsoever, and the car doesn’t look to me, to be requiring the defrosting treatment.
Game should be fine for tonight.
i was once told that the arbroath pitch didnt freeze over because its on the beach just about and the salt water spray prevented this,the roads would seem to be the problem though
HH
Andrew67
07:21 on 12 December, 2012
No one’s suggesting they’re going to die away completely.
But they won’t sustain the current level of interest.
weet weet weet
Roads up here will pose no threat to the game.
#trustme
Eurochamps67
07:14 on 12 December, 2012
Your youthful indiscretions seem to have lasted for fully two decades.
Are you Peter Pan?
Morning all from gay Paree, freezin but sunny (1C max alledgedly)
Shockingly irresponsible journalism from that kwality rag (Glasgow Herald) today.
Top NEWS story of the day penned by Hugh McDonald: “Lennon reprimands Celtic star over Real IRA tribute”.
The article contains a whole pot pourri of “news” about the real IRA, Celtic fans fined by UEFA last December for “illicit chanting” at the Europa League game against Rennes, Stokes’ faither, you name it, it’s in there.
Along side that we have Britney Spiers asking the burning question “Do Old Firm fans hate each other more than ever?”
Apart from the premise of Spiers’ musings being false – there is no longer an OF – he gives us the usual “one side is as bad as the other and the internet bampots are making it worse” crap.
Articles like the first one do nothing to help the situation described in the second.
The Herald knows it, McDonald knows it, Spiers knows it.
It’s irresposible, but it appeases the Hun and just maybe keeps circulation figures from completely falling through the floor.
Gardez La Foi.
Oh, and good luck to Lenny and the Bhoys tonight: it will be a tricky one to deal with.
Good morning CQNers from a very frosty MK.
Today, 12/12/12 is the end of the world according to the Mayan calendar and it heralds a transition to a new world of enlightenment, maybe the Sevco supporters will catch on, eh?
Ernie,
Not quite Peter Pan, though I did play on into my 40’s.
EC67
NotsayingwhatiwasplayingatCSC
cheers SMQUC
is it true about the pitch mate
HH
Cold in Arbroath at this moment but not outstandingly so. I am a few hundred yards from Gayfield which I will be passing on my way to play golf. I will give a lunch-time report on my return.
JJ
www
I don’t know how true your analogy is, but yes, the ground sits directly on the sea front, so quite possibly.
Gayfield Park is the closest stadium to the sea in European football. Five metres from the high tide line.