Andy Posted March 16, 2020 Report Share Posted March 16, 2020 3 minutes ago, Bullitt said: As untrue as they are, I'd expect Rangers would be one of the first clubs in serious financial trouble if they weren't getting regular matchday income. Delicious! Luckily I am no expert on Rankgers, but what would match day income actually be, not looking for a figure, but what do they still own ? All fans are season ticket holders, they will have spunked this a long time ago. Shirts sales, these still go to Ashley? Hospitality prob out sourced ? 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted March 16, 2020 Report Share Posted March 16, 2020 19 minutes ago, Bullitt said: As untrue as they are, I'd expect Rangers would be one of the first clubs in serious financial trouble if they weren't getting regular matchday income. Delicious! Hopefully! Like ourselves, they have no credit facility. 0 Quote Link to comment Share on other sites More sharing options...
Bullitt Posted March 16, 2020 Report Share Posted March 16, 2020 21 minutes ago, Andy said: Luckily I am no expert on Rankgers, but what would match day income actually be, not looking for a figure, but what do they still own ? All fans are season ticket holders, they will have spunked this a long time ago. Shirts sales, these still go to Ashley? Hospitality prob out sourced ? We are talking about a side who are relying on floating shares to keep the lights on at Ibrox, that's with their huge fan base and matchday revenue. Cut that for four months and the club wouldn't be able to function. I'm not an expert on them, but it just seems logical that without any income they would be snookered. Also, there will be no further Europa League cash which has clearly benefited them this year... and if next season there wasn't a European competition it would seem pretty perilous. 2 Quote Link to comment Share on other sites More sharing options...
Scooby_Doo Posted March 16, 2020 Report Share Posted March 16, 2020 54 minutes ago, Squirrelhumper said: Hopefully! Like ourselves, they have no credit facility. They have two outstanding 'facilities', with Close Brothers, the Wonga of corporate finance. Both secured on anything nailed down at Ibrox. Both due soon. The High Court are due to rule on how much they need to pay Ashley for trying to do him over. Likely to be eight figures, according to reports. When they do go bust, Coronavirus will be blamed instead of criminal mismanagement, and they will remain in the top league by hook or by crook. 1 Quote Link to comment Share on other sites More sharing options...
gdevoy Posted March 16, 2020 Report Share Posted March 16, 2020 32 minutes ago, Scooby_Doo said: When they do go bust, Coronavirus will be blamed instead of criminal mismanagement, and they will remain in the top league by hook or by crook. The authorities were coerced into demoting them last time and Scottish Fitba nearly went bust. I canny see them making that mistake again. -23 Quote Link to comment Share on other sites More sharing options...
Corporal Clegg Posted March 16, 2020 Report Share Posted March 16, 2020 9 minutes ago, gdevoy said: The authorities were coerced into demoting them last time and Scottish Fitba nearly went bust. I canny see them making that mistake again. This is the SFA/SFPL we are talking about. Learning from past mistakes is not on their agenda. -1 Quote Link to comment Share on other sites More sharing options...
EKX16 Posted March 16, 2020 Report Share Posted March 16, 2020 All I can remember at the time when rangers were demoted that the media were saying Killie and 5 other clubs would go to the wall in a matter of months. That didn't happen but I'm pretty sure it wouldn't have been easy for Killie and the 5 clubs (can't remember who they were) that were mentioned. 4 Quote Link to comment Share on other sites More sharing options...
Wrangodog Posted March 16, 2020 Report Share Posted March 16, 2020 18 minutes ago, gdevoy said: The authorities were coerced into demoting them last time and Scottish Fitba nearly went bust. I canny see them making that mistake again. It wasn't a mistake. 6 Quote Link to comment Share on other sites More sharing options...
Popular Post Fletch Posted March 16, 2020 Popular Post Report Share Posted March 16, 2020 (edited) 22 minutes ago, gdevoy said: The authorities were coerced into demoting them last time and Scottish Fitba nearly went bust. I canny see them making that mistake again. They weren't demoted. They went bust and were readmitted despite the authorities trying to invent rules and vote them back into the top division. Scottish fitba didn't nearly go bust either. Edited March 16, 2020 by Fletch 17 Quote Link to comment Share on other sites More sharing options...
Popular Post Scooby_Doo Posted March 16, 2020 Popular Post Report Share Posted March 16, 2020 They weren't demoted. They ceased to exist. The SPL and SFA agreed to let Charles Green buy the assets of the liquidated club and let them straight into League Two. In any other walk of life, or country, they died. Not in Scotland, obviously. And we should be bloody angry about that, because they wouldn't do it for anyone else. Ask Airdrie United. 12 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted March 16, 2020 Report Share Posted March 16, 2020 26 minutes ago, gdevoy said: I canny see them making that mistake again. Did it f**k. Not one team went bust, never mind Scottish football. Last team to go bust here were the huns. 2 Quote Link to comment Share on other sites More sharing options...
Popular Post Beaker71 Posted March 16, 2020 Popular Post Report Share Posted March 16, 2020 (edited) 5 hours ago, gdevoy said: The authorities were coerced into demoting them last time and Scottish Fitba nearly went bust. I canny see them making that mistake again. You cannot demote something which ceased to exist. Glasgow Rangers were liquidated, and the assets of the old organisation purchased by Sevco 2012. The NEW CLUB were admitted to the bottom league against SFA rules, this was their mistake, the vermin should have been forced to start in the east or south or Scotland league and apply when they had 2 years of audited accounts. you need to take your head out of your arse bud Edited March 16, 2020 by Beaker71 13 Quote Link to comment Share on other sites More sharing options...
KillkieBoab Posted March 16, 2020 Report Share Posted March 16, 2020 1 hour ago, Scooby_Doo said: They have two outstanding 'facilities', with Close Brothers, the Wonga of corporate finance. Both secured on anything nailed down at Ibrox. Both due soon. The High Court are due to rule on how much they need to pay Ashley for trying to do him over. Likely to be eight figures, according to reports. When they do go bust, Coronavirus will be blamed instead of criminal mismanagement, and they will remain in the top league by hook or by crook. Their won't be any need to check for hooks. 0 Quote Link to comment Share on other sites More sharing options...
EKX16 Posted March 16, 2020 Report Share Posted March 16, 2020 26 minutes ago, Scooby_Doo said: They weren't demoted I stand corrected. 0 Quote Link to comment Share on other sites More sharing options...
gdevoy Posted March 16, 2020 Report Share Posted March 16, 2020 1 hour ago, Wrangodog said: It wasn't a mistake. I know. I should have put mistake in quotes to make the irony visible. What I mean us that the SPFL consider Sevco too big to fail. Regardless of the scale of their financial f**kupery a way will thus time be found to keep them in the top league. Nobody cares what fans of clubs that are run with fiscal prudence think. The only way the SPFL is saleable to the TV companies is when it includes Sevco. 0 Quote Link to comment Share on other sites More sharing options...
Twonky65 Posted March 16, 2020 Report Share Posted March 16, 2020 1 hour ago, gdevoy said: The authorities were coerced into demoting them last time and Scottish Fitba nearly went bust. I canny see them making that mistake again. How did Scottish football "nearly go bust"?? What a load of pish. 5 Quote Link to comment Share on other sites More sharing options...
Killie alan Posted March 16, 2020 Report Share Posted March 16, 2020 At this moment in time we shouldn’t care about any other club other than killie and hope all our killie fans keep well in this terrible time. 7 Quote Link to comment Share on other sites More sharing options...
seedsy Posted March 16, 2020 Report Share Posted March 16, 2020 2 hours ago, gdevoy said: The authorities were coerced into demoting them last time and Scottish Fitba nearly went bust. I canny see them making that mistake again. f**k off 2 Quote Link to comment Share on other sites More sharing options...
gdevoy Posted March 16, 2020 Report Share Posted March 16, 2020 21 minutes ago, Killie alan said: At this moment in time we shouldn’t care about any other club other than killie and hope all our killie fans keep well in this terrible time. I agree. 0 Quote Link to comment Share on other sites More sharing options...
gdevoy Posted March 16, 2020 Report Share Posted March 16, 2020 14 minutes ago, seedsy said: f**k off The authorities wanted to keep them in the top league. The other clubs wanted them kicked iyt completely. 1 Quote Link to comment Share on other sites More sharing options...
chubbs Posted March 16, 2020 Report Share Posted March 16, 2020 3 hours ago, gdevoy said: Scottish Fitba nearly went bust. Utter rubbish... 3 Quote Link to comment Share on other sites More sharing options...
C4mmy31 Posted March 16, 2020 Report Share Posted March 16, 2020 3 hours ago, gdevoy said: The authorities were coerced into demoting them last time and Scottish Fitba nearly went bust. I canny see them making that mistake again. When did this happen ?..... I remember plenty of talk at the time of how club X,Y or Z would be out of business within weeks without the blue pound. Scottish footballs armageddon was nigh they said, but as with most things spun from within Mordor it proved to be complete fantasy. 3 Quote Link to comment Share on other sites More sharing options...
trenwick Posted March 16, 2020 Report Share Posted March 16, 2020 hope if we get to vote again & we all vote to get them to f**k, someone doesn't abstain instead of doin what we requested 0 Quote Link to comment Share on other sites More sharing options...
killie1961 Posted March 16, 2020 Report Share Posted March 16, 2020 3 hours ago, Scooby_Doo said: They weren't demoted. They ceased to exist. The SPL and SFA agreed to let Charles Green buy the assets of the liquidated club and let them straight into League Two. In any other walk of life, or country, they died. Not in Scotland, obviously. And we should be bloody angry about that, because they wouldn't do it for anyone else. Ask Airdrie United. This 100% 0 Quote Link to comment Share on other sites More sharing options...
Nobody Posted March 17, 2020 Report Share Posted March 17, 2020 16 hours ago, Scooby_Doo said: they will remain in the top league by hook or by crook. I'd bet it would be "by crook" 0 Quote Link to comment Share on other sites More sharing options...
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