Anyone consuming media coverage would think that the on-going investigation into the registration of Rangers (since renamed RFC 2012) players over the last decade or so was the most pressing matter within The Rangers (until recently, Sevco). I really don’t think so, although it is a useful rallying flag. The EBT issue is not short of drama but there are more immediate concerns.
More importantly, I hear The Rangers are still trying to raise the initial £10m Founding Investors capital. The Sevco Investor Presentation offered these Founding Investors two shares for each one purchased, “effectively doubling their contributions” ahead of a stock-market floatation later this year. My understanding is they hope to raise £20m at that floatation, without the two-for-one share incentive, in order to see them through several years in the Scottish Football League and at least four years without European income.
If/when this matter materialises, remember, in 1994 Fergus looked you in the eye and allowed you to buy into Celtic at exactly the same rate he and the other early investors did. This model worked, anyone hoping to emulate Fergus’ success would do well to offer fans the same terms.
The size of the total capital requirement may be as much of a disincentive to early investors as the terms currently on offer. If you put significant sums in now and the floatation fails to deliver enough cash to allow the company to continue trading, your investment is at risk. I hope Laurel and Hardy at Hampden haven’t deleted their Armageddon slides.
Even selling 40,000 adult season tickets for Ibrox at £268 each would bring in only £9m (ex-vat), so there is a good chance this company will burn cash reserves for some time, assuming they pay taxes, of course, which was apparently optional for some in the recent past.
Target closing date for Foundation Investors was 6 July with Q3 / Q4 slot for floatation on the AIM market, so we should be seeing a prospectus sometime soon if plans are back on track. If Charles Green pulls this off he deserves some sort of Businessman of the Year award.
Anyone who thinks the drama is over still hasn’t realised the enormity of the situation.
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2-1 the Republic
ROI were 50/1 with 10 mins to go, they didn’t have a hope.
Tis a funny old game
Would not say the bloke in the pub was a pal more an acquaintance.
City fan pointed out that they are owed £370000.
The reply from the Rangers fan ” you can afford it”
Leaves you lost for words.
:>}
Jeezo! Kevin Doyle puts Ireland 2-1 in front
Massive 3 points that for Ireland
ElDiegoBhoy
18:21 on
7 September, 2012
St.John.Doyle
Just the one beer:o)
************************************
I may have more than 1 but not quite as many as when you and others lead me astray!!!!!
bt
Many a thankyou to your
good self..
Happy Celticing
HT
Ole Levein wasn’t very inspiring
hamiltontim
18:50 on
7 September, 2012
Having just watched Craig Levein being interviewed on TV. I think I’ve now solved the mystery of ‘who is Declan’….
————-
:) That made me smile.
till later HAIL HAIL
Those Irish players should wearing masks!
Don’t know why but Craig Levein reminds me of Blakey from On The Buses..
weird70’schildhoodCSC
Pfayr/leftclicktic
He strikes me as one of those people who speak slowly in the hope that it leads others to believing that they’re intelligent.
He fails miserably.
Starry
How’s your maw?
Ten men…,
It goes deeper thanTrap.
All of the British Isles teams are technically behind teams from all over the World.
Why?
It can’t be DNA.
It’s not about sunshine countries.
It has to be a out the attitude and approach to coaching emphasis from the early stages.
Both Helsinki and Helsingburg were superior to us in the basics,but we overcame them by endeavour and Sammi.
Above that level, we have to punch above our weight.
It shouldn’t be so.
It doesn’t cost any more to coach boys in the basics of the game.
You just need the correct coaching at the correct stage of development
Scotland will have no more than 5 points by the end of the October double header
Levein will be gone by Xmas
hamiltontim
She had the Angiogram yesterday and I haven’t spoke to my sister yet today, she’s back in Wishy now, quite chipper my Sis says and she has company in a woman from Belfast.
Thanksfuraskin’CSC
BRT&H,
any idea why they have been incorporated as a new company then
http://www.edinburgh-gazette.co.uk/issues/27132/supplements/8
remember the date shown is after the sale
TTT
It doesn’t disguise the fact that Trapattoni is consistently picking the wrong starting XI
Tonight’s win is just papering over the cracks
….PFayr
I was your typical high schooler, only into football back in the day. St Pats finest athlete I was and the fine chap Chris Buchanan was just behind me.
The only thing was, Chris Buchanan was way way ahead of me. This wee boy from an other area who came into St Pats and although he never defeated me at the School Athletics he…….
I now know that Chris, despite me starting fights when he would never want to fight anyone..needed my support every little bit I craved support….
Well Chris, that amazing young lad, He definitely Won.
CB is unlikely to read these pages, especially at this time on a Friday night but I Never say never.
The best thing about Chris is how good he was as a competitior at athletics.
starry
“I ate you starry – I really do”
Starry
Glad to hear it mate.
See the next time a newco exhun tells you you dont support your country just :0) and ask what country do you support. I can see a lot of Chelsea fans causing trouble all over Europe in the coming years and at Ungerlond matches.
Rioja
Hail Hail
Apologies if I do not take up my usual 4th tier position in the quiz tonight.
Thomthethim
I think you are a being a touch harsh on our players describing the Helsinki and Helsingborg teams as superior In the basics
I thought we were a significantly better than both
How is Stephen ward an international player.. Ireland could give that spot to wilson(stoke) or Ciaran Clark (villa) both twice as good.
Or play o’shea there and seamus Coleman right back
Mr Green
http://www.youtube.com/watch?v=waacof2saZw
thomthethim 19:01 on
Ha, I have found something I disagree with you about.
IMO we were far superior to both teams, in every department.
bournesouprecipe
Or as Levein would say “I ‘ate you Fletcher, I really do” as they get turfed out of the world cup!!
Just heard Ireland were getting beat I-0 with 2 minutes to go, AND WON 2-1 …..yee haaaaa
Didn’t even know they were playing….stupid work !!!…..anyone got a link to the goals …..will read back now ….
starry
Saw him sloping into Celtic Park past the gazebo, for the Helsingborgs game, he was ignored by the supporters.
67Heaven … I am Neil Lennon..!!.. Ibrox belongs to the creditors
19:17 on 7 September, 2012
Just heard Ireland were getting beat I-0 with 2 minutes to go, AND WON 2-1 …..yee haaaaa
Didn’t even know they were playing….stupid work !!!…..anyone got a link to the goals …..will read back now ….
__________________________________________________________________
You had a bet on for sure. ;))
Relavent entry
THE RANGERS FOOTBALL CLUB SC004276 31/07/2012
P.L.C./RFC 2012 P.L.C.
I did ask previously but still waiting for an answer from anyone.
I noted the scotslawthoughts did an article which made out it was a renaming, which I thought confused the issue, as the heading for the section (check the previous pageof the link) clearly identifies the process as a newly incorporated company.
In fact I’m still waiting on a response from PaulMc on my point
Just watching Scot u21 game on Sky.
Great control and penalty from Tony Watt.
So much confidence for 18 yr old.
Johnny Russell great game too.
petec
19:19 on
7 September, 2012
Naw, I’m a boring old fart….don’t gamble …….. But I’m a very happy old fartvtonight …… Great result for the Bhoys………
Canamalar
Did you read BRT&H post above …it may be of use to you …not sure
bournesouprecipe
He laid out his stall and we’re no buying, no place for his kind in the Gazebo, slope on Feigling…
THE RANGERS FOOTBALL CLUB SC004276 31/07/2012
P.L.C./RFC 2012 P.L.C.
Naw sorry doesn’t ring a bell, there is a team from London called QPR I think the R stand for rankers but not sure
PFayr,
it was that post that set me off asking again, as I said that company number has been reincorporated into an new company, after the sale.
At last
http://sport.stv.tv/football/clubs/rangers/189216-spl-investigation-into-rangers-ebt-payments-allegation-to-commence/?utm_source=twitterfeed&utm_medium=twitter
67Heaven … I am Neil Lennon..!!.. Ibrox belongs to the creditors
You are a stalwart.
Fred C and many others realise Celtic is Only really about Faith.
I loved old Bill Cooper’s comments when he was alive, murdered right after 9/11.
His Faith consisted of God then the US constitution, then his family.
People think they are smarter than they are but they are not, they never will be, or can be, and that is the bottom line.
When I see you or Fred C my Heart is raised a wee bit, because there is no bullsh** behind it. It is Celtic, and Celtic only.
http://www.youtube.com/watch?v=aEhbsHD7IEY