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.
You can continue to read CQN Magazine FOR FREE, or can subscribe for £10 or £20 and our sponsor, Executive Shaving, who offer an enormous range of grooming products, are offering readers a £20 voucher for all £30 CQN Magazine subscribers.
Input hailhail in the Executive Shaving discount box for an automatic 10% discount on all purchases at www.executive-shaving.co.uk. At Silverburn simply say “hail hail” to the assistant for a 10% discount.
You can flick through the magazine using the graphic below but go here to read it without straining your eyes.
[calameo code=0003901711e92eb7539d6 lang=en page=6 hidelinks=1 width=100% height=500]
1,376 Comments- Pages:
- «
- 1
- ...
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- ...
- 37
- »
Is that an Oscar wristband Danny Fox has on on Soccer AM??
BT
It’s the top three westerns, not the top three in the west end!
Two of my fav films not mentioned yet “The Diving Bell and the Butterfly” and something completely different “Come on my wee Geordie” from the 50’s.
Thanks to Marc for my CQN badge, arrived yesterday-very well wrapped.
Bournesrecipe
Also the scenes at Mt Rushmore! Fab. Went there once on a trip to South Dakota and kept thinking about that movie……..
67heaven … i am neil lennon..!!.. ibrox belongs to the creditors
11:24 on 8 September, 2012
———————————————
What did the plan say???
Was it
1. Keep the ball off them for 20 mins when they are knackered score a couple
2. Watch out for lower league thugs in midfield
HT
3 Repeat throughout match till bored lookin at their kilts and “jimmy” wigs
4 go home job done and let mhark67 pick up his Ireland/Serbia double money!!!
Old movies – ever seen film the Paul Newman classic “Somebody Up There Likes Me”.
B&W & magic – the original Rocky!
The Singing Detective Demands The Resignation Of Campbell Ogilvie
Tintin in the Congo? trying to get a bite?I’m a Tintin fan(books)that story has not aged well.
Chinatown
Cuckoo’s nest
Sunset boulevard
Vertigo
Stand by me
Shawshank
Godfather 1 &2 (though Diane Keaton’s acting is testing)
The Searchers
39 steps (original)
Glengarry
Wonderful Life
Planet of the Apes(original)
Oliver
La reine Margot
Amelie(stick a couple of french ones for effect)
Och,I could be here all day,get back to you with rest:O)
in bruges
Kevtic
Rocky was good! But Paul Newman in “Somebody Up There Likes Me”.,different class
Big Sami out for up to 6 wks. He was put on and he was carrying an back injury??. Lenny is going to be livid with him and the Greeks!!
BSR
Oh aye :!)
Catherine Deneuve CSC
St Stivs,
Great movie especially for the poignant rendition of “Raglan Road” by Luke Kelly at the end (finest version ever sung) IMHO.
The Quiet Man. Gunfight at the OK Coral. The Godfathers. No1? Celtic V Inter Milan in Lisbon!!! o)))
yogiy
11:38 on 8 September, 2012
‘Two of my fav films not mentioned yet “The Diving Bell and the Butterfly” and something completely different “Come on my wee Geordie” from the 50′s.’
I think you mean Wee Geordie. Alastair Sim was in it. Enjoyable, but not as good as The Maggie, or Cottage to Let.
Any Celtic player who signals he is injured and is substituted should be told to withdraw immediately from any international squad playing the following week. No exceptions!
.
One Flew over the Cuckoo’s Nest..
The Shining..
The Extra..
Summa
ernie lynch –
Wee Geordie ?
I could be wrong – but – I think the movie was called Geordie in the UK and Wee Geordie in the US of A —-
Aside from some comments from Gregory Ionnidis hinting that the injury might be serious has there been any official reporting on the injury to Sammi? Hopefully it’s not as bad as is being reported!
‘The last Emperor’.
HH!!
Best movie – “Once upon a time in America”
Funniest – “The Odd Couple” or “Life of Brian”
Sci-Fi – “Bladerunner”
Music – “Amadeus”
Epic – “Lord of the Rings” trilogy
Jeez – is this what we do when on International break ??
Roll on next Saturday – looking foward to seeing a new face or two?
HH
“Come away ma wee Georgios”
Sammi CSC
South Of Tunis
11:55 on 8 September, 2012
I think you’re right.
Haven’t seen it in years.
A favourite western:
‘The Culpepper Cattle Company’.
A liitle-known classic.
Brilliant – and very violent!
HH!!
‘The seven Samurai’;
‘Kagemusha’.
HH!!
‘Place Vendôme’
Another classic stariing the inimitabe,eternal and utterly beautiful Catherine Deneuve.
Aye…I like her.
SmittenKitten CSC
Glengarry Glen Ross
” Put that coffee down ”
– coffee’s for closers ”
ABC CSC
I had partly written the post below but had laid it aside to do other things. Therefore yesterday’s news, which leads the post now, encouraged me to tidy it up and finish it off. For the avoidance of doubt, I am not suggesting that Mr Green or his associates are doing anything underhand or inappropriate. However, the stance seems to re-emphasise the Schrodinger’s Cat like qualities of the Rangers Football Club “entity”.
I wonder about the issue of the corporate entity v club idea, and suggest a scenario for Rangers fans to consider in the event that they choose to invest in the “corporate entity”.
Sky News’ City Editor reported the following yesterday:-
The new owner of Rangers Football Club is close to appointing advisers to kick off a swift return to the London stock market.
Read the rest here – http://scotslawthoughts.wordpress.com/2012/09/08/the-corporate-entity-is-not-rangers-football-club-unless-mr-green-tries-to-sell-shares-in-it/
Favorite films as a kid when we used to get sent to the pictures down Parkheid or Shettleston every second Saturday:
– Spartacus
– Goldfinger
– Magnificent Seven
– Planet of the Apes
– Great Escape
– Pink Panther
– Nutty Professor
– Jungle Book
– Hard Days Night
Only spoiled by the occasional block of ice (aka, a “jubilee”) hitting the screen.
Casablanca
War of the worlds (1952)
The Maltese falcon
Alien 2
Harvey
Bladerunner
Favourite movie involving a game of football:
One of Our Aircraft Is Missing.
snake plissken 11:24
Jeezo! What’s it like to be 33?
Re; Movies
Can’t argue with most of the selection’s
Went to see Lawless last night, have to say was a bit disappointed;
Tom Hardry – whom I rate very highly mumbled his way through
Guy Pierce – hammed it up, way over the top
– a pity as it was a story worth telling about prohibition
what is it with the media and Duffield Smiff.
given a platform on SSN again.
why do they give him vredence “when you were head of the sfa , blah blah bla”
when the question should be
“why did you ever get the giggy, wiggy”
anyways, proves not all the huns are boycotting Scotland games.
well unless its a freebie
sixtaeseven: Supporting the Finest Team in Scotland
12:05 on
8 September, 2012
Favorite films as a kid when we used to get sent to the pictures down Parkheid or Shettleston every second Saturday:
———————-
The Vikings.
must has seen it about 10 times .
superb
mammymabawsburst
I’m an unusual 33.
I watch films from the 1940s more than current ones (mostly because my boss borrows all my modern films and I cannot watch them over and over.
I’m hearing that we are being offered Stephen Makinwa who is a striker in the Sammi mould. He’s a free agent just now but has not a bad track record and could be a good filler if Sammi’s injury is as bad as feared.
Anything with Terry Thomas in it : for me he epitomises the true nature of the anglos….in a humorous way. Underhand cads who can’t help thmselves. A kind of surreal anti-hero.
My best friend reminds me of him.
Yep. Strange company I keep here in deepest Ingurlahnd.
You shoulda heard them spillin’ outta The British Legion last night.
Well….maybe not.
You’d have thought they’d already lifted the world cup in 2016. They never learn.
James McClean getting headlines on SSN for “tweet comments” about not getting on the park last night.