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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DJBEE,
follow the link and then set me right, please
67heaven…,
I see they are still peddling the idea its an ebt enquiry when it has nothing to do with the ebt, rather it is solely dealing with undeclared contracts.
keep the water muddy
Bhoylo….
Jason Smyth comin’ up!
THE EXILED TIM
19:10 on
7 September, 2012
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.
—————————
Celtic – 8
Scandinavians – 1
EVERY Department?
Helsinki were DIRE at CP.
Scottish ref in the Germany-Faroes game, some guy called Madden – every heard of him?
Montenegro v Poland.
The Polish keeper just been hit on the head by a flare.
1-0 to Poland
Fassreifen
19:42 on
7 September, 2012
Scottish ref in the Germany-Faroes game, some guy called Madden – every heard of him?
————–
You sure it’s not Mason?
petec
19:31 on
7 September, 2012
What a nice fellow you are……. There are only 2 things in my life ….. My Family and Celtic
neil canamalar lennon hunskelper extrordinaire
19:37 on
7 September, 2012
I see they have named the panel …… sally will want to know what school they went to now…… LOL
Right, I still dont get this. Any help much appreciated.
Sevco were allowed to change their name to The Rangers because of a extraordinary general meeting of Oldco Rangers that didnt even take place.
Nevertheless the name change was reported as approved and it came to be. Sevco became The Rangers and so said all the media.
Thing I dont get is this. If Company House havent even received a request from Sevco to change their name to The Rangers and no name change can occur during the liquidation processor thereafter for at aprox 12-18 months how are Sevco and the MSM presenting this name change to The Rangers as a fait accompli?
Furthermore Company House spokesperson is on record saying current rules would prevent any such name change being allowed because of the sizeable debt owed by oldco Rangers.
http://www.bbc.co.uk/sport/0/football/18509619
If anyone can clear this up for me fire away please.
hamiltontim
19:43 on 7 September, 2012
Fassreifen
19:42 on
7 September, 2012
Scottish ref in the Germany-Faroes game, some guy called Madden – every heard of him?
————–
You sure it’s not Mason?
_____________________
Madison?
AikiBhoy
We were under the cosh for a wee while, but imo it was self inflicted, but it was sorted.
8-1 could easily have been 20-5.
B
HamiltonTim, haha, could be. Robert Madden, they’re saying now. Say he’s usually given the wee teams like Faroes.
WR and Gold for Jason!
petec
19:45 on
7 September, 2012
hamiltontim
19:43 on 7 September, 2012
Fassreifen
19:42 on
7 September, 2012
Scottish ref in the Germany-Faroes game, some guy called Madden – every heard of him?
————–
You sure it’s not Mason?
_____________________
Madison?
————-
Madhun??
Harsh penalty and England go 1 up
Canalamar
Sorry I was not questioning you they have had more names than I have had hot whiskys, which is a lot. They are just about leaving denial stage at the moment and if they had any intelligence at all they would have awakened long ago. While the main stream media continue to blow mince through straws into their heeds full of mince they still hold on in misplaced belief.
There is far too much international football played nowadays.
A money grabbing venture for unscrupulous national asssociations and blatter corp.
And presumably Murdoch rakes it in also.
ten men…..,
Tonight’s ROI game is irrelevant with regards to the flaws in the British game.
However, until Trap, or whoever, play Mc.Geady in centre midfield,a No.10, there will be no creativity in the team.
As it is, he receives the ball on the touchline and has to perform two circus tricks, merely to avoid injury, before he tries to be constructive.
It’s all about trust.
You havevto trust your skillful players and give them the backup support.
In gridiron, the quarter back is never exposed.
hamiltontim
19:48 on 7 September, 2012
petec
19:45 on
7 September, 2012
hamiltontim
19:43 on 7 September, 2012
Fassreifen
19:42 on
7 September, 2012
Scottish ref in the Germany-Faroes game, some guy called Madden – every heard of him?
————–
You sure it’s not Mason?
_____________________
Madison?
————-
Madhun??
—–________
http://www.youtube.com/watch?v=rGIY5Vyj4YM
Petec
Hee hee!!
Izzy playing for Honduras v Cuba just now, on the betting sites.
DJBEE,
my question remains unanswered, and I’m begining to think companies gouse are in on
TET’s conspiracy
Sammi on the bench for Greece. Matthews at LB for Wales
hhhhhh
31003
20:03 on 7 September, 2012
Kev jungle
I’ve only been lurking recently, but every comment you make douses my touch paper. I was attacked pretty recently on this very site by three TROLLS, who sounded very much like you, down down down. Have you ever agreed with or appreciated anything a poster has said on here or, indeed, with anything Celtic Football Club or any of it’s employees have done. It’s all getting really really really boring now.
jeeeezassss!!!!!!!!!!! that was brutal
kazakhstan are 142 in the world
trapp has to go
but the fai are too broke and cowardly to sack him
we are f**ked
trapp is now a lost and confused old man that is out of his depth in 21st century soccer
TET,PFayr,
I’m a fair minded chap, so I will allow you your opinions!
How and ever, the main thing we had, was that our finishing was better.
Had Helsinki taken half of their chances, we would have been in deep trouble.
And that would have meant no Helsingburgs game.
Our basic game cedes too much possession to the opposition.
It is not just us, it is the domestic game in general, although some Scottish teams are working on pass and move football and harrying for possession.
We must learn to control the all with one touch and move it on before the tackle comes in.
hamiltontim
Where can I buy the biggest Cross Bling for work on Monday?
I am going to now wear jewellery for the first time since 2nd year in St Pats. The battle lines have now been drawn so people can see them.
I will get a very subtle and long chained symbol of Christianity and have it dangling as often as it can.
http://www.youtube.com/watch?v=Jsc1QSw6DEs&feature=fvst
tiocfaidh ar la
Destiny Labs called it a while ago…….
Their sonics……. are talking about the book of Revelations.
For those who want rid of Trapp…. Roxburgh will be available soon.Shudder.
ElDiegoBhoy
20:11 on 7 September, 2012
For those who want rid of Trapp…. Roxburgh will be available soon.Shudder.
the Portugal manager might be available soon
THE RANGERS FOOTBALL CLUB SC004276 31/07/2012
P.L.C./RFC 2012 P.L.C.
Neil canamalar Lennon hunskelper extrordinaire
They have shakey hands everywhere they will come out and call themselves Govan new Boys or something and the peepil will still believe they are the old boys.
31003,
Roll with him, and hopefully help him with your own being.
The person needs support now, more than ever.
He keeps posting here so he realises this is a good place to get good advice about everything.
It’s all good 3. ;)
Dear Wales, it was a red card – a shocking challenge.
Petec
Hear what you’re saying. I should know better….
Magnificentseven
20:13 on
7 September, 2012
ElDiegoBhoy
20:11 on 7 September, 2012
For those who want rid of Trapp…. Roxburgh will be available soon.Shudder.
the Portugal manager might be available soon
I know another super manager who might be available soon! He has drawn against some of the best clubs in lower league Scotland.
Rioja
HH
Werzthequizcsc
DJBEE,
look again
SC004276
company number is same, after the sale. how can a company in administration be newly incorporated, I’ve been asking the same question for a couple of days now, and its a lonely job
Holland priced @ 1/25 before K.O. 1-0 at HT – lucky not to be 1-3 down!
Evening Bhoys & Ghirls
The Friday nite footie quiz starts at 9pm. So if you have not done so already, then you have plenty of time to register for the “Live quiz” on Saturday 29th September at The Phoenix Bar, before your practice run tonight.
Contact: Hamiltontim to submit your team before it’s too late.
HH
CRC
weeoscar4life@gmail.com