There are two questions to look out for when The Rangers provide information on their public offering share issue:
Are the public being offered shares at the same price as investors who sign up prior to the public offering?
In 1994 Fergus McCann offered you shares in Celtic at exactly the same price he paid, giving fans the same value as the consortium which acquired the club from the old board. Will Charles Green do the same? A £20m offering will dwarf the existing share pool but, if the new shares are worth a lot less, the existing shareholders will be able to retain control and the majority of benefits.
How will the prospectus explain to investors the potential consequences of the SPL Commission, and any future investigation if the First Tier Tribunal report, due this month, finds that Rangers did not pay their social taxes as Fifa regulations require?
The SPL Commission into the improper registration of players at Rangers, whose SFA membership the new company acquired, will, if Rangers are found guilty, impose sporting and financial penalties on the successor club which is benefiting from its membership.
If guilty, this will involve the return of prize money for each of the 12 years which are under scrutiny. The league awards prize money to each member club from TV income with the top two clubs earning a significant slice. This alone could consume the majority of funds from the share issue.
Sporting penalties would also be a consequence of a guilty verdict. There is no reference point in world football for issues on this scale, so speculation on what the penalties would be can only be regarded as such, but, if The Rangers eventually win promotion to the SPL, they are likely to face points deductions for multiple years, making it difficult to gain access to lucrative Champions League revenue streams.
The latter question will considerably influence when the new company can hope to break even and allow an informed estimate to be placed on the scale of working capital requirement.
Former directors of Rangers, including Sir David Murray, remain confident HMRC will not succeed at the First Tier Tribunal, but the possibility remains that the verdict will go against the soon-to-be-liquidated club, leading to a fresh wave of football penalties.
The Rangers should now issue potential investors with enough information to decide if this week’s Forbes Magazine article questioning the club’s feasibility is accurate. It should be quite a read.
Although the Sevco consortium promised a share issue since before they bought the assets of Rangers today’s announcement has the appearance of something carried out in haste. The domain name for investors to register interest (www.rangersshareoffer.com) was only registered yesterday and there is no web site yet. Visitors are presented with an alert from their browser informing them that the web site they are visiting has a problem with its security certificate.
Why the hurry?
[calameo code=000390171a36dad35d58c lang=en page=4 hidelinks=1 width=100% height=500]
867 Comments- Pages:
- «
- 1
- ...
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- ...
- 23
- »
!!Bada Bing !!.
Thanks —-
Who got all those £ 7.50s ——-.?
Sir Minty’s Rangers Company or one of Minty’s non -Rangers Companies?
Sannabhoy – good man. Email sent thanks.
Well…..the site’s there. “Prospectus will be published etc.,. blah blah”. So they want to register interest in this scam/sheme/scum before anyone’s seen the prospectus/pig in a poke?
Effin zoomers.
“If you believe, as we do, that Rangers over the next couple of years will go back into the top flights of football in Scotland”
Stupid stupid huns. Was only the other week he was saying as long as he was chairman they would never play in the SPL.
Why does no one question him?
canamalar
No apology necessary – but thank you!
That’s what distinguishes us from ‘them’!
Keep the faith and hail hail!!
Canamalar, you want the AR01 filed last October, or hang fire a few til this year’s is returned – click on ‘Order Onformation on this Company’ for the full list of disclosures.
Ditto for Celtic FC Ltd
Both companies have issued only 2 shares of £1 each. Haven’t looked lately, but I’m fairly sure both are owned by Celtic plc.
My tpiyng is carp
SoT-Pretty sure Minty also relieved the huns of the pesky catering contract for a similar sum,and gave it to his sons,Azure Catering were the new suppliers to…………yep you guessed it.
anyone got a link to agent green and fat sally on sky sports news
Typocal Glasgow Wiather!
What was that?
Typocal Glasgow Wiather
Adam Matthews out injured for tomorrows game
50/50 for Wales game with Croatia away on Tuesday
The ole CQN demographic in the main swings towards the musical
but you do get the odd poster put off by all the sax and violins
So the fat useless one, allegedly, owns 5% of Zombie FC?
How much will he be liable for when it all goes t*ts up?
HH!!
Pictures of Scotland squad leaving Glasgow Airport earlier on this afternoon
Every single one had the Celtic Shop figuring prominently in the background
Lovely
they are also staying at Celtic manor..
Is there a Sevco shop at Glasgow Airport?
*short pause*
Is there a Sevco shop?
I posted way back that any head of the new club that appeared as a tribute act to ragers would launch a share issue on the back of a (they all want to see us disappear) propaganda campaign aided by Minties puppets in the MSM .
What shocked me most was the lengths the SFA/SPL/SFL have gone to ,to allow this whole shameful sham to get to where we are .With this in mind ,I predict …….
The sevco share issue will raise in the region of 10-15m because as the call for the hordes to part with their cash nears the SPL ruling of stripping the cheats of titles will be declared and CG /TFPLG will come out screaming and shouting about how they told us all about the punishment being decided long before the panel sat .
I remember a half time interview on BBC Alba with CG and IMO it was set up by CG to
get his message out about the titles being stripped in the 5 way agreement draft .I fully expected a firm denial from the SFA/SPL ,none was forthcoming and for me that was evidence enough to see the plan ahead .
By the SFA/SPL allowing CG to state this ,it IMO shows that they are in this up too their necks .
I think they know CG needs the hordes to buy the shares but they think it is only to save Sevco from going bust ,what they may find sooner rather than later is that Ticketus want their money back any way they can get it and Scottish football means nothing too them
BSR
Couple of bad spells of weather there!!
thomthethim
Nicely done
Allegedly – Even Cary Grant said he wanted to be Cary Grant
http://www.collinsdictionary.com/submission/5187/sevconian
Fun for huns
http://www.amazon.co.uk/Gorgeously-Gruesome-Zombies-Craft-Box/dp/1445488647
Bourne
The only Sevco shop in the UK:
http://statics.192.com/estreet/original/large/1252/12526017.jpg
Nice cagouls mind.
Or……….
http://i46.tinypic.com/28lz3v4.jpg
So according to Sky.
Scottish Headlines :
Celtic escape SFA censure ….
What the Fek !!??
TBB
The ole curiosity shop?
WhatLarks CSC
Hi all, bit of help required.
Who do you get in touch with regarding Celtic shares. I moved house ages ago an never changed my contact details and would like to do so now.
Thanks in advance for any help received.
Hail Hail.
Always remember to double your journey time, when it rains in Glasgow
* Gridlocked *
Phil
http://www.philmacgiollabhain.ie/and-in-the-blue-corner-2/
Teuchter ár lá
From A sevco fan site :))
1.) From STV website:
“After the Sevco asset purchase, Mr Green has been behind the drive to sell 36,000 season tickets at Ibrox, and confirmed in an interview with the club’s official online TV channel in May that his consortium’s objective was to profit through a share issue.
He said: ****”I said on day one I wasn’t coming here because I was the Salvation Army and I came here to make money. I make no apology for that and the reality is that any money I make will be in the form of shares””****
Our pals at STV giving us the warning up front. The Forbes International article timed to perfection. Take heed.
Teuchter ár lá :))))
17:55 on
11 October, 2012
Phil
http://www.philmacgiollabhain.ie/and-in-the-blue-corner-2/
Teuchter ár lá
Just read that word for word on a sevco site.
Some Tim being naughty :)))
You get to register an interest before you see anything in black and white so on paper it looks like there’s high interest in the scam oops sorry share issue, if the Huns are buying into this crap hell mend them seen him on sky the guy acts and looks like a total chancer him and the Huns are a match made in hell
G B T G B HAIL HAIL
Re the zombie banner at the Norwich game. Over on DeidCo-Media they’re going berserk about this under a thread titled “Tarriers cleared by SFA”.
All sorts of threats about what they are going to retaliate with on their next banner. You dont have to read the thread to guess their main subject matter. Stupid huns.
WARNING: DO NOT GO THERE IF READING RACIST RIGHT WING HUN TRIPE GEIS YE THE BOAK. END OF WARNING
Good evening friends from an extremely grey and drookit East Kilbride.
Oh, did I mention that I’m off to Spain on Saturday…? ;-)
hun skelper
“You get to register an interest before you see anything in black and white so on paper it looks like there’s high interest in the scam………”
This sounds similar to the “saverangers.com” fund to which I personally pledged around £320K. Indeed, even young ACGR was incredibly generous with his next 625 years worth of pocket money. Strangely enough, nobody ever cam to collect.
Where do I sign up?
:-()
HamiltonCFC 1961
Contact Computershare Investor Services, The Pavillions, Bridgewater Rd,
Bristol BS99 6ZY.
They’ll change your details over the phone. 0870 7020192.
Good luck.
So … who wants to invest in a brand new fourth tier club with no track record that can’t play in Europe, is under a transfer ban and, according to its CEO, will never play in the SPL?
Oh and its manager is a useless former quiz show captain who doesn’t do winning away.
Gordon_J…..
I’ll have some of that!
Mummy can I have 10p please?