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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McGregor keeps Levein in a job
Striker should have scored though
Webster sells the jerseys but McGregor pulls off a great save.
Answer to question one
– Kenny Miller
Answer to question two
-Charlie Adam
Questions on next post
gsu
.
Ten Men Won The League
16:37 on
8 September, 2012
Summa
I’m more concerned about JF getting injured than Scotland winning..
..
Oh Dear..
Young James is Probably the Same as Sammi..Loves playing Football and Always wanted to Represent his Country..
Do You want James to Pull out of Tackles too..??
Summa
Tallybhoy
15:34 on 8 September, 2012
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?!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I would have dropped points with you then!
Hamiltontim
Serbia may be rotten but notice that when the ball is bouncing around with the Scotland players, as soon as it breaks to Serbia they get it on the ground and start passing.
Just as I’m typing this Scotland start passing and some decent play involving Forrest.
S
Levein is like a new signing..for Serbia says mark hateley
Summa
Do You want James to Pull out of Tackles too..??
When playing for Scotland, absolutely yes
Celtic come before your country
.
Who is the 8million striker on the Bench..??
Summa
All’s well James Forrest fit at final whistle
1. Who should never wear the Scotland jersey again?
2. Who ate all the pies?
gtf Levein, total pish
gsu
Paul Dixon in January? one to watch me thinks
Big G that made me laugh out loud.
The wife is wondering if it’s Christmas…
We get what we deserve…. SFA.
Summa
Rhodes.
Summa of Sammi….
Jordan Rhodes
Levein needs to just go, crap team that play crap football. Can’t make up with the Countries best striker for the good of the game. And looks like he hangs around swing parks with those glasses. GO NOW PLEASE!
Big Craig Latrine lives up to his name. Total Pish
Lots of boos ring out at Hampden at FT.
Levein’s jacket on a shoogly peg?
0-0. Dross. Will Levein try and play people like Maloney in the next game? Judging by today he’ll play ex-Oldco’s dregs. Apart from McGregor, I would not give one of them pass marks.
sixtaeseven: Supporting the Finest Team in Scotland
lol
HH
.
Cheers Bhoys..
Summa
Shady
I’m not saying that the Serbs didn’t attempt to play I just don’t think that they have the ability to do it.
Levein should be sacked.
Help!!!
When the world is celebrating fitba’ in Brasil in 2014…
… who am I going to shout for?
Righto techno freaks, another installment from ma bhoy & his girlfriend (upcoming dj’s)
http://www.youtube.com/watch?v=EFjNhySVgcg
“Macedonia is a 3 point must take” McCann
What possesses media cheque writers to employ these people !!
On this evidence and after seeing the highlights of Croatia/Macedonia, the Macedonians are a better team than Serbia
Failure to win on Tuesday, and Scotland are out already
Deja vu
I msut say the best commentry of the afternoon has to go to Steinreignedsupreme…..
Riveting stuff :>)
Auldheid ….. Loud and clear, I’m enjoying all the greeting n girning from our tartan Tims on Cqn :>)
Me? I’m sinking a few funnies while sitting in the garden soaking up the sun……. and thinking about cutting the grass….. Maniana is good enough.
Shady :
Send me an email. I’ll give you my phone number and my address and you need have no worries. You can check it all out and put your mind at rest.
HH!
.
ISTANBULCELT..
And looks like he hangs around swing parks with those glasses. GO NOW PLEASE!
..You are on a Celtic site..
Try and remember that..
That comment is Shocking..
Summa
snodgrass looked the most promissing player on the park, hooked
started MILLER and Naismith
can’t pick commons, maloney or fletcher
Levein, yer resigned
Macedonia are 4/1 minimum, well worth a punt
Ten Men Won The League
16:52 on 8 September, 2012
Summa
Do You want James to Pull out of Tackles too..??
When playing for Scotland, absolutely yes
Celtic come before your country
Nothing comes before your country. There might be reasons not to like Scotland (SFA, media etc) but you never disown your country. James will do what he should do – everything in his power to help his country. I pray this never leads to injury but that is professional sport.
HT
Sorry, not meaning to say they were good – just reflecting back on the discussions over the past week and it looked like Serbia, although not very good, at least seemed to have some of the basics right where we don’t. Again, the number of times they could complete a single pass on the first touch where we seem to need 1,2,3 touches before getting the ball moved on.
Levein seems to have decided to be faithful to certain players – like Miller – who’ll lose him his job. Also, waiting too long to make the changes when it seemed clear that certain players were not performing – Miller being the prime example where it seems the plan is to leave him on in the hope that something good manages to happen.
Anyway, hope you’re well and enjoying being back at the coal-face after the long, hot, summer break.
S
James Forrest fit at final whistle that’s all that matters.
ht
The shambles that is Levein helps to deflect criticism from Laurel and Hardy that otherwise rightly should be directed at them for how they’re destroying Scottish football to assist the Zombies.