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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Bad news about Sammy a major loss in CL games, on the subject of films digress slightly my favourite theme tune has to be from The Magnificent Seven
marrakesh express
10:23 on 8 September, 2012
whats with all the French movies?
—-
Mainly Catherine Deneuve
The defence rests ;-)
Anyone got a URL for Ireland’s goals last night and / or a newspaper report …… no mention of it at all in the SDE……. Chuckle …!!
SAMMI INJURED….??? …..am away back tae bed……..what the..!!?
Hopefully Sammi is a quick healer and we get him back in circa 4 weeks. Still maintain he should have pulled out the squad with his bad back though
Once Upon A Time in America
City Of God
The Killing Fields
Years ago it used to Debbie n Dallas .”..”…….. No noo
Papillon.
Casino.
Enemy At The Gate.
Walk The Line.
My favourite film of all time is The Doors,there are periods where I cringe to think Oliver Stone’s unrealistic depiction of the band is my favourite film especially how he turned Morrison into some kind of myth but as a movie/film taken at face value without any indepth knowledge of the group its just a great story,the scene in the desert before they become famous is the coolest piece of cinema I’ve ever seen.
“Ice Cold In Alex”
“The Cruel Sea”
“Mrs Miniver”
“Great Expectations”
“The Prime Of Miss Jean Brodie”
“To Serve Them All Our Days”
” To Have,And To Have Not”
“Cape Fear”(1960)
“Seven Lifes Of Thomasina”
“TinTin In The Congo”
Nearly every day in these rotten times we live in something catches my eye that makes me feel sick of the whole twisted thing:
http://www.thedrum.com/news/2012/09/06/ad-agency-iris-worldwide-faces-online-backlash-over-iris-benefits-staff-booklet
http://copybot.wordpress.com/2012/09/05/ad-agency-laughs-at-people-on-benefits/
True Romance is a great movie.Last time I checked Sami limped off v Helsingborgs,what’s he doing playing Internationals?Time to be more ruthless with OUR players.
FF debating the Scottish government’s donating funds to SCIAF. The standard of argument is powerful:
“Brother Walfrid I’m sure started a football team to lure catholic’s
away from protestant charity…”
singing detective
you mised oot gone with the wind… o))
sitting here with mini watching last game of the season on DVD
thats Mick…
Morning all from gay Paree, beaucoup de soleil aujourd’hui (29C max alledgedly).
First, sickened by Sammi injury: get well soon, big yin, we need you!
Second, SPL’s independent commission who’ll sit for 2 days next week:
“It will consider submissions from parties on various procedural matters. It will not be a hearing of the merits of the case.”
Talk about powder-puff?
When do we get to meaty stuff?
Third: favorite movies, in addition to most of those alreday mentioned, would need to include:
– Treasure of the Sierra Madre
– Young Frankenstein
– Some Like it Hot
Postman Patrick brings…..the CL Tickets….thanks Bhoys.
Best French Film :
Rififi
Best Italian Film
La Dolce Vita
Best German Film
Das Boot
Best Spanish Film
Volver
Best Beyonce Film
Live at Roseland
Best Portuguese Film
Celtic 2 Inter Milan 1
On the films subject , how about
Twelve Angry Men
Soccer AM on Pedal for Petrov.
Young Frankenstein
*Pouring the hot soup on his gonads*
Utterly Hilarious CSC
Sixtaeseven
Treasure of Sierra Madre
Oh aye
Superb
“We don’t need no steenkin badges”
Alistair Campbell critical of lack of donations from footballers,quel surprise..
Naked Prince Harry sitting in an ‘Apache’ helicopter grinning as he machine guns Muslims to death in Afghanistan on behalf of psychopathic war criminals and oil magnates. And the media portray him as a jolly hero. Cheeky chappie. A lad.
“Go ahead, make my day.”
Makes me feel sick to my stomach.
Frankly my damn I don’t give a dear
Bad for sammi and us away in cl he was a starer
films
empire of the sun
Great films con,td anyone remember “Inherit the Wind” with Spencer Tracy brilliant or any Marx Brothers film. Ah they don,t make em like that anymore. Hail Hail Hebcelt
BRTH @ 1000
Many thanks for the link to the AIM.
There’s a lot to take in – not finished it yet but will return to it later!
HH!!
TSD
What larks Pip
What larks
Sammi injured?
Effin’ internationals!
hebcelt-Love The Marx Bros
If anyone can bear to watch a film in which Racing Club feature as a plot point and which opens with a breathtaking view of their stadium…
The Secret In Their Eyes
I refuse to join any club that would have me as a member.
Groucho Marx
miki67
He will be at least 300 miles away from the nearest Taliban fighter
Its just a PR exercise to improve his image after recent events
He will soon be back on the ‘ol Kings Rd spending taxpayers money on women + booze
Excellent CQN’r Fred C Dobbs used to post – wonder what happened to him?
On the subject of favourite films I would like to recommend one by the great Italian director Federico Fellini – ‘Amarcord’ (1973).
In Italian with English subtitles, it is a semi-autobriographical account of a young boy growing up on the Italian Adriatic coast during 1930s fascist Italy.
At times dramatic, but also very funny!
Well I like it!
HH!!
Some great foreign movies you may not have seen/heard of.
Italy – The Starmaker
Czech – Kolya
France – Ridicule
Guys, the download function was disabled for the new issue of CQN Magazine – it is sorted now for those of you who have been asking.
Apart from Racing being in there….The Secret in Their Eyes is utterly brilliant.
‘Point Blank’…not the sixties Lee Marvin one…the recent French one…is superb,too.
Double Indemnity is one of my ‘oldies’ favourites.
The earlier Coen Bros. films are good, too.
Also does anyone know how jhilday is?
He used to post every morning but haven’t seen him, hope he’s well.