Founder Investors still needed at Sevco

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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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  1. celticrollercoaster loves Wee Oscar's Green Bucket Army on

    Evening Bhoys, the Friday nite quiz, sponsored by Wee Oscar’s Green Bucket Army is upon us

     

     

    Round 1 follows shortly.

     

     

    TSoAL and all nae googling!! :-)

  2. celticrollercoaster loves Wee Oscar's Green Bucket Army on

    Round 1 of 5: If you know your Celtic History?

     

    (2pts if you are first to answer Q correctly, 1pt if correct but not first. One submission only per round )

     

     

    1 True or False: Celtic played 4 different keepers during the 2002-03 season?

     

     

    2. On New Year’s Day 2006, Celtic came back from 2-0 down to win 3-2 against the Jambos at Swincastle. Who scored a double in the last 5 minutes?

     

     

    3. Which team did Kris Commons start his professional career with?

     

     

    4. What has Lukasz Zaluska,Josh Thompson, Glen Loovens and Ki all have in common?

     

     

    5. Which 2 Celtic keepers hold the record for the most consecutive clean sheets?

     

     

    6: Which 2 players have scored the second highest European Goals for Celtic?

     

     

    7: Who has made the most competitive substitute appearances for Celtic?

  3. Is this a real quiz?

     

     

    If so my answers are:

     

     

    1. Anton Rogan

     

     

    2. None

     

     

    3. Some

     

     

    4. Trezeguet, Lambert & Schillaci all attended St Cuthberts

     

     

    5. False, you can’t play an H Note on a flute

     

     

    6. The answer is always Moravcik

     

     

    7. Neither

  4. theglasgowcelticway on

    1true

     

    2mc man us

     

    3derby

     

    4debut against the same team

     

    5douglas,latchford

     

    6lennox,larsson

     

    7maloney

     

    7

  5. Foxy,

     

     

    The name change takes place by resolution by the shareholders. It isn’t effective until Companies House issue the resultant Certificate in relation to the change of name.

     

     

    Sevco Scotland Ltd changed its name to The Rangers Football Club Ltd.

     

     

    The company that was The Rangers Football Club plc changed its name to RFC 2012 P.L.C.

     

     

    Both name changes took place on 31 July 2012. The change by Sevco would have been allowed by Companies House as (1) the Administrators agreed to it and (2) the company that had been known as The Rangers Football Club plc changed its name at the same time, thereby avoiding same name issues.

  6. celticrollercoaster loves Wee Oscar’s Green Bucket Army

     

    21:01 on

     

    7 September, 2012

     

    Round 1 of 5: If you know your Celtic History?

     

    (2pts if you are first to answer Q correctly, 1pt if correct but not first. One submission only per round )

     

     

    1 True or False: Celtic played 4 different keepers during the 2002-03 season?

     

    f

     

    2. On New Year’s Day 2006, Celtic came back from 2-0 down to win 3-2 against the Jambos at Swincastle. Who scored a double in the last 5 minutes?

     

    petrov

     

    3. Which team did Kris Commons start his professional career with?

     

    Barnsley

     

    4. What has Lukasz Zaluska,Josh Thompson, Glen Loovens and Ki all have in common?

     

    Been injured more than played

     

    5. Which 2 Celtic keepers hold the record for the most consecutive clean sheets?

     

    Forrester, Thompson

     

    6: Which 2 players have scored the second highest European Goals for Celtic?

     

    Deans, Henke

     

    7: Who has made the most competitive substitute appearances for Celtic? Givup

  7. 1 True or False: Celtic played 4 different keepers during the 2002-03 season?

     

    True

     

    2. On New Year’s Day 2006, Celtic came back from 2-0 down to win 3-2 against the Jambos at Swincastle. Who scored a double in the last 5 minutes?

     

    McManus

     

    3. Which team did Kris Commons start his professional career with?

     

    Derby

     

    4. What has Lukasz Zaluska,Josh Thompson, Glen Loovens and Ki all have in common?

     

     

    5. Which 2 Celtic keepers hold the record for the most consecutive clean sheets?

     

    Gordon Marshall, Carl Muggleton!

     

    6: Which 2 players have scored the second highest European Goals for Celtic?

     

    Lennox, Jinky

     

    7: Who has made the most competitive substitute appearances for Celtic?

     

    Yogi

  8. Ten Men Won The League

     

     

    21:08 on 7 September, 2012

     

     

    So Sammi is taken off injured while playing for Greece with a bad back

     

     

    Very disappointed in him. He should have pulled out of the squad

     

    ______________________________________________________________

     

     

    His first allegiance is to Greece, especially now at this difficult time for his Country.

     

     

    I would have done the same as him. I hope the injury isn’t serious obviously.

     

     

    HH

  9. The Spirit of Arthur Lee on

    True

     

    McManus

     

    Stoke

     

    Falkirk

     

    Fraser and Arthur

     

    Lennnox and Larsson

     

    Hughes

  10. True

     

    McManus

     

    Derby

     

    10+ appearances on bench and never used

     

    Simpson,Forster

     

    Lennox, Henrik

     

    Yogi

  11. Round 1 of 5: If you know your Celtic History?

     

    (2pts if you are first to answer Q correctly, 1pt if correct but not first. One submission only per round )

     

     

    1 True or False: Celtic played 4 different keepers during the 2002-03 season? True

     

     

    2. On New Year’s Day 2006, Celtic came back from 2-0 down to win 3-2 against the Jambos at Swincastle. Who scored a double in the last 5 minutes? Big mick

     

     

    3. Which team did Kris Commons start his professional career with? Forest

     

     

    4. What has Lukasz Zaluska,Josh Thompson, Glen Loovens and Ki all have in common? Played in Wales

     

     

    5. Which 2 Celtic keepers hold the record for the most consecutive clean sheets? Douglas, boric

     

     

    6: Which 2 players have scored the second highest European Goals for Celtic?

     

    henrick, buzz bomb

     

    7: Who has made the most competitive substitute appearances for Celtic? Bobby lennox

  12. petec

     

     

    ‘His first allegiance is to Greece’

     

     

    Nonsense. His allegiance is to the club which pays his wages especially when he is carrying an injury. Will Greece pay him his £20k a week when he is sitting in the stand for us?

     

     

    International football is a curse on the game

  13. celticrollercoaster loves Wee Oscar's Green Bucket Army on

    Answers to round 1

     

     

    False 5, (Douglas, Gould, Hedman, D Marshall & Broto)

     

    McManus

     

    Stoke City

     

    They all made their competitive Celtic debut against Falkirk

     

    Carl Muggleton & Frazer Forster (6)

     

    Jinky & Sutty (16)

     

    Shaun Maloney

  14. SRS

     

     

    Why did HMRC not insist that as they were owed £xx millions that this was their gig ?

     

     

    I agree that Westminster couldn’t care less about them or us. However, if the scotttish government do, then londons got a right good bargaining chip.

     

    BDO ‘s job as I understand is to go after individuals, but leave ‘The rangers’ alone. (I.e. once the transition has finished they are still there (in spirit).

     

     

    HH

  15. celticrollercoaster loves Wee Oscar's Green Bucket Army on

    The Green Bucket Army Scoreboard -round 1

     

     

    Hamiltontim 6

     

    Factus 8 5

     

    The Spirit of Arthur Lee 5

     

    theglasgowcelticway 5

     

    DJBEE 2

     

    PF Ayr 2

     

    pracepta 2

     

    Stringer Bell 1

     

    Cathedral View 0

     

    Rocket man 0

  16. weeshauns freekick that decked b bag barry on

    voguepunter

     

     

    15:51 on 7 September, 2012 said

     

     

    weeshauns

     

     

    You’ve got a wee thing about guy on guy action,we are pretty open here,fess up.

     

     

     

    Sorry sweetcheeks having too much of a ball (can I say that) at Polo to be confronting or dealing with your backdoor shenanigans. (In truth I have actually just got off that same imaginary train that I sometimes go on when I want to impress you and your squeeze with my made up stories about some poor bugger dying, you remember, It’s the one that amuses you and your sparring partner so much you rather odd and slightly sick weirdos)

     

     

    I made the mistake of thinking warning fellow supporters about the dangers of Catalan transport was a decent thing to do. Mate if you saw what I did you would too. Plenty of people who read this will be in the area quite soon, most of them bevvied. If someone from Scotland (or wherever) saw everyone else cutting accross a railway track during their stay they might think “When in Rome”. – I merely hoped to prevent that mistake.

     

     

    I gave an honest warning for totally selfless reasons, please be man enough to admit you are in the wrong, it’s what men do. And while we’re on the subject…

     

     

    I am assuming your flawed logic somehow extrapolated homophobic undertones from my pragmatic observation that I was quite happy for there to be an abundance of gay guys as it made my chances of meeting a decent women improve. (Please pontificate on how exactly that is homophobic anyway will you old bean?) – That seems to be you in a nutshell bud. You make (wrong) assumptions, then pontificate as if you have authority even though you quite often seem to have saw something that patently wasn’t there.

     

     

    When I lived here before (by here I of course mean imaginary Barca where I now reside near Sant Sadurni de Anoia where the imaginary Cava grape grows) – I let a gay guy I worked with stay in my spare room because his gay friends were all shunning him because he’d been diagnosed HIV pos. I’ve been in fights defending people bullying gay guys and my last housemates were gay too (lesbians mind you).

     

     

    As you can see I don’t have any problems whatsoever with my gay mates, and here’s a bit of news for you, I have ran anything I have to say concerning gay people by gay people FIRST. How many gay guys you housed or fought for Mr PC self right righteous?

     

     

    I suspect like many other faux PC types youve done nothing and said nothing for most your life, no you probably just said nothing in their defence until sometime in probably the last 10 years when you WERE TOLD TO. Or am I wrong and in fact were you and your bit of stuff standing shoulder to shoulder with your bretheren at the Stonewall riots?

     

     

    What did you do to help a gay guy before it was trendy Wendy?

     

     

    Do yourself a favour, pick on ANYTHING I say, anytime, feel free, it’s your right brother. I only offered MY opinion to other people’s questions or opinion, I thought that was MY right brother. As I said I worked hard for my opinion, I’ve probably discarded or forgot more information than you’ll ever learn mate, whether you believe me or not is irrelevant. I’m trying to do my bit like the guys on here. A your doing is belittling someone for trying.

     

     

    Stop the Ad Homonem (on purpose dictionary corner) and the attempted belittling, I can throw what I catch, you don’t appear to be able to handle doing so too well.

     

     

    Peace and Love in Celtic (Ive got to split anyway YMCA has just come on. X)

  17. celticrollercoaster loves Wee Oscar's Green Bucket Army on

    Round 2 of 5:Name the 7 different clubs from Portugal that Celtic have played a competitive European game against?

     

     

    (2pts if you are first to answer Q correctly, 1pt if correct but not first. One submission only per round )

  18. neil south uist – I’ll show her that. My speaking of gaelic is next to none and my writing of it is even worse!

  19. Round 2 of 5:Name the 7 different clubs from Portugal that Celtic have played a competitive European game against?

     

     

    Porto benfica braga sporting maritimo

     

     

    (2pts if you are first to answer Q correctly, 1pt if correct but not first. One submission only per round )

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