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
- ...
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- »
KOJO palomine 5 years ago this very day i started reading C.Q.N.first thing i read TAILS A WAGIN.ok i’m still laffin.
.
Singing..
Can l ask You a Question..No Riddles please it’s late here..
When did you start Posting on CQN..?
No real reason for asking Just noticed you recently.. Comparatively..!!
Summa
Sixtaeseven.
Had a read of Brt&h’s post on the Scottish football moniter.
As ever he nails it.
Cheers for the info.
Had the usual run in wae blinkered huns yesterday,they still laud sdm as he game them 9 in a row.
Asked them who was the only man to kill 2 clubs;-) hail hail.
Levein is an idiot.
Prize idiot
hamiltontim
If enough Celtic supporters think the same thought, will a tree falling in a Siberian forest think it too?
Must win home game, lone striker, no pace in team. Forrest and Rhodes had to start.
In Hong Kong so won’t see the game but honestly, who cares ??
RobinBhoy
International football?!
If it’s not the World Cup finals or the Euros, then I’m sorry but I cant summon up the enthusiasm!
HH!!
My dear,dear,dear,friend.. Favourite Uncle
Say, pal.
Ye urnae Ma Uncle Lou…ur ye?
He is Ma Favorite Uncle. It wiz he who introduced me tae the Maley Family..and started me oan the road tae Becomin’ a Fanatical …well.. Fan..o’ the Celtic?
Anywey..
collie, is still aroon..
He may be a Man.. but.. He diz hiz best woik..when He is a Dug.
Nice chattin’
Kojo
yer pal.. who likes ye .. Already.
Still.. Laughin’
Up over
I can’t hear you for falling leaves :-)
iki 15:00 on 8 September, 2012
“Nice one.
“Many years ago when the country was on the edge of all that communal violence, I heard it described as the Science Fiction Republic of Yugoslavia.”
I went there about 25 years ago on the ole Inter-rail ticket. Stopped in Belgrade, Zagreb and Split. Interesting places – would never have guessed what was about to happen within three or four years. Shocking stuff. I still find it disturbing to think what was bubbling under the surface.
Off the ball elbow from Naismith
Should have been sent off
Naismith hasn’t forgot his coaching at Ibrox.
Thug….
No Pasaran @NCCMick
Sky sports guests for the Scotland game owe HMRC £2.2m due to both being paid via EBT’s.
Retweeted by Celtic Underground
Expand
Reply Retweeted Favorite
Dont have sky so who are the two on EBTs
Gregory Ioannidis @LawTop20
Sammy’s scan results are expected in the next day or so. I pray the injury is not serious.
Expand
Reply Retweet Favorite
.
I Have said for Many Years..
We need to bring back Scotland Vs England..
Then Maybe the Might want to Stuff us in the EPL as Well..
International Football Died when they Stopped the Auld Enemy Game..
Ask any Scottish Player his Ambition (Realistically) 20-30yrs. Ago..
And it was to Play against England at Wembley..
Summa
Is anyone else playing the same game as me? Reading peoples favourite films and guessing if they live in a cooncil hoose or a private hoose i.e Godfather, Scarface, Rocky…cooncil hoose.
European B&W guff and Japanese art house nonsense private hoose
Omg it should have been straight red for naisy sorry guys. ..
Summa….
If You Can Tell Me Where Ah Kin Find Skippy’s “Lovely Bones”….
You Shall Hiv Yer Answer..
~~~~~~
By The Way….
When Will You Admit Tae Turnin’ The Waters O’ Bellshill Swimmin’ Baths..
“Pea-Green”…….
Back In The Dae…?
It’s NO LONGER An Extraditable Offense….
Laughin’…..Still..
Gotta Go..
Tae Bed..
Tae Sleep…
Tired..
Seeyou Guys..
Kojo
Still.. Laughin’
.
Ioannidis ..
Please Please Please STOP Posting his Thoughts/Tweets on Celtic sites..
He is Nothing to do with Celtic..and Has a Alterietive Motive..
Let Sammi or Lenny tell us How bad he is..
If he was a TRUE Friend to Sammi he would have been Shouting at the greek FA BEFORE Sammi was injured..
Lawyer Hmmmm..
Don’t give Agents Oxygen on CQN..
Every comment he has Made has been OTT Since Sammi’s injury..
If it was as Bad as he is Making Out..a Multi Million Pound player would get a MRI in Hours..NOT 2 Days latter in Lennoxtown..
Summa
For all their experience, Serbia’s back line are all over the place at set pieces
Stephebhoy1
the obvious part would be the fans since they all follow followed their club to oblivion – Shaun the Sheep and all his cronies.
Summa
He has an ulterior motive for wanting Sammi injured?
“It’s just not happening for us, the passing is a bit wayward.” Willie Miller on BBC radio.
Scotland’s hopes and prospects summed up in a nutshell.
Brill ball from Snodgrass wasted.
Keep Shawn the Sheep out of this pleeze!!
Hutton does his usual ex Hun trick
Knocks the ball way ahead then throws himself into the opposition player
Result. Wins a free kick and player booked
Once a cheating Hun…
Good bit O pressure from Scotland
Istanbulcelt
Cooncil hoose, private hoose?!
I live in a private hoose but I like ‘The Godfather’ as well as the ‘Seven Samurai’.!
Your point is?!
HH!!
.
Singing..
Skippy’s bones are Still @ Sunderland l believe..You would need to pull the Layers of Lard away to find them..Howevvvva..
..
Emmmm..
Your ref to Bellshill Baths..
My best Friend Drowned in BB when l was 11yr Kid..
But..you Did Not know that..No..??
..
Doesn’t matter about My Question really..
The paint is still at that stage where you can still see the brush strokes on it.
Exciting stuff.
Srs@15:35
I think i’ll come round and watch it dry
It’s better than watching this dross
Scotland, it saddens me to say, are dire. While I’m glad they’re not playing, surely Kris Commons and James Forrest would be an improvement on what is out there?
Leveine is a complete and utter……!!!
Fill in the blanks as appropriate!
HH!!
Miller? Why?
Naismith should be off for elbowing a Serb player
and as for Hutton….I think he has got worse over time.
Tbh it should be another straight red this time 4 hutton
Hutton very lucky not to see a red card also there
Two footed lunge on Serbian player
This ref is doing Scotland many favours