RANGERS AND THE TAXMAN
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#1
Posted 24 January 2012 - 15:45
They keep going on about how wide their fan base is...hence why do they not put it to the test. If they issued shares that would tie up 51% of the club, charge £400 a share and hope 200,000 of their ever so loyal millions of worldwide supporters would help them out by buying just one each, this would raise £80 million smackeroos. With that they could pay off Craig Whyte his initial investment and kick the tax man out the door, along with Whyte and cronies, leaving the club in the hands of its follow, follow supporters.
They get then get John Greig or suchlike in to run the club and just pay their bills honestly!!
I may have got my sums wrong, most will probably say i am talking doodoo, but has anyone ever considered that this could be a viable option for rankers?
#2
Posted 24 January 2012 - 15:51
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#3
Posted 24 January 2012 - 15:59
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steptoe, on 24 January 2012 - 15:45, said:
They keep going on about how wide their fan base is...hence why do they not put it to the test. If they issued shares that would tie up 51% of the club, charge £400 a share and hope 200,000 of their ever so loyal millions of worldwide supporters would help them out by buying just one each, this would raise £80 million smackeroos. With that they could pay off Craig Whyte his initial investment and kick the tax man out the door, along with Whyte and cronies, leaving the club in the hands of its follow, follow supporters.
They get then get John Greig or suchlike in to run the club and just pay their bills honestly!!
I may have got my sums wrong, most will probably say i am talking doodoo, but has anyone ever considered that this could be a viable option for rankers?
did SDM not try a share issue a while ago where MIH underwrote it for £50 or so million, and was not well supported with the amount of shares taken up, think in these financial strained times the extra cash that most fans can spare is low (not just a rangers fans issue).
You will get your diehard fans that will put all they can into such a thing but i very much doubt it would raise the money needed.
These ideas always look good on paper and many will say they will, but when it comes to parting with the cash you find not as many are as willing
#4
Posted 24 January 2012 - 16:12
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#5
Posted 24 January 2012 - 16:18
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#6
Posted 24 January 2012 - 16:21
#7
Posted 24 January 2012 - 16:39
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steptoe, on 24 January 2012 - 16:21, said:
This kind of thing is easier at smaller clubs. Stirling Albion Fans were able to do it. Saint Mirren Fans have got a chance.
The more of a clubs' cashflow comes from outside it's core support the bigger the value of the clubs is in comparison to the target market.
If Rangers go into administration properly then something might concievably be viable but given the current economic climate it's unlikely especially given the perception that the wider Old Firm support is generally drawn from the buckfast demographic.
#8
Posted 24 January 2012 - 18:04
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#9
Posted 24 January 2012 - 19:40
#10
Posted 24 January 2012 - 19:44
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#11
Posted 24 January 2012 - 19:58
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GAD, on 24 January 2012 - 19:40, said:
"Aye, doc, its my back......"
#12
Posted 24 January 2012 - 20:09
Happy Hibee, on 24 January 2012 - 19:44, said:
nelsjfc, on 24 January 2012 - 19:58, said:
Guys they are already doing all this to afford essentials such as third tops and Holland tracksuits. It doesn't stretch that much further.
#13
Posted 24 January 2012 - 20:13
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GAD, on 24 January 2012 - 20:09, said:
Probably. There is a solution.
https://www.wonga.com/
#14
Posted 24 January 2012 - 20:33
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Their loyal fans will support them through thick and thin so it would be easy to sell all their assets and start from a very low wage squad.
A couple of years of paying the debts and living well below their means and they'll be fine.
Won't they?
#15
Posted 24 January 2012 - 21:56
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steptoe, on 24 January 2012 - 16:21, said:
Doesn't affect my club.
The reason you are worried is because if Rangers went under then Celtic would be finished. You depend on them.
The rest of Scottish football would get on FAR better if both the Old Firm clubs fucked off and died.
#16
Posted 24 January 2012 - 22:36
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I know not every signing is a success for any team but Rangers must be top of the League by miles for wasting money on transfers and salaries on players that are shite and not paying decent money for Scottish players that are good. The policy seems to be if they are foreign, English or Northern Irish they must be paid huge salaries and command large transfers.
#17
Posted 25 January 2012 - 01:32
Captain_Sensible,
on 24 January 2012 - 21:56, said:
The reason you are worried is because if Rangers went under then Celtic would be finished. You depend on them.
The rest of Scottish football would get on FAR better if both the Old Firm clubs fucked off and died.
Same old pish spouted over and over again, WE do not need them, we never have and never will, when Celtic had our troubles in the 90's no one ever said "oooooooooh but Rangers need Celtic to survive" we were just lambasted, remember the hearse and gravestone on the front page of the mail ?. Our club never cheated we were just badly run, Rangers have cheated, they've used EBT's to pay players wages for over a decade to evade paying tax on players salaries. Those players they otherwise couldn't have afforded so basically it was at the taxpayers expense. Their punishment should fit the crime, no easy let off as the laptop loyal and mainstream media seem to be pleading for.
Scotland will thrive when ra ranjurs are dead!.
Quote

#18
Posted 25 January 2012 - 08:14
#19
Posted 25 January 2012 - 08:19
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steptoe, on 24 January 2012 - 15:45, said:
Most disingenuous opening to a post eva.
Also, 10,000 people max in Parkhead bored to death watching Celtic canter to victory in a one horse race. Yep, the future is bright for Celtic if Rangers go under right enough.
This post has been edited by madwullie: 25 January 2012 - 08:20
#20
Posted 25 January 2012 - 08:27
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BigVicWanyama, on 25 January 2012 - 01:32, said:
Scotland will thrive when ra ranjurs are dead!.
You could only have topped this post by adding the picture of you presumably crying while typing it out. Well played Cap'n.
However, to answer a laughable point you made, virtually every pundit north of the border came out with the "Scottish Football needs a successful/competitive Celtic" at one time of another. Gerry McNee in particular was fond of this line when the Celtic boardroom troubles were getting to breaking point.
As it happens, I would find it quite funny if Rangers went tits up.
#322 BROWN STAR WARS
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#21
Posted 25 January 2012 - 09:06
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BigVicWanyama, on 25 January 2012 - 01:32, said:
Scotland will thrive when ra ranjurs are dead!.
It's true that people weren't saying Rangers needed Celtic to survive back in the early Nineties, but precisely the same arguments were being trotted out in newspaper articles and radio discussions regarding the general good of Scottish football. To say "[Celtic] were just lambasted" indicates to me that you were either too young to remember that time or so old that your memory is failing. The consistent tone of the coverage of Celtic's time of crisis was of widespread concern, and if it wasn't for the media turning a critical and embarrassingly public spotlight on the old board, it would have been harder for the rebels to oust them in time to save the club.
Even the notorious hearse photo, constantly brought up by Celtic fans as evidence that the Scottish press are out to get them, actually served the rebels' purposes by making it starkly clear to the old board that they had no choice but to give in, and I wouldn't be surprised if it happened with the rebels' collusion.
#22
Posted 25 January 2012 - 09:27
BigVicWanyama, on 25 January 2012 - 01:32, said:
Scotland will thrive when ra ranjurs are dead!.
I think you will find they have cheated moral decency by exploiting religious bigotry to build a position of power. They also cheated the trust of a number of young boys and their parents.
#23
Posted 25 January 2012 - 12:32
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steptoe, on 24 January 2012 - 15:45, said:
They keep going on about how wide their fan base is...hence why do they not put it to the test. If they issued shares that would tie up 51% of the club, charge £400 a share and hope 200,000 of their ever so loyal millions of worldwide supporters would help them out by buying just one each, this would raise £80 million smackeroos. With that they could pay off Craig Whyte his initial investment and kick the tax man out the door, along with Whyte and cronies, leaving the club in the hands of its follow, follow supporters.
They get then get John Greig or suchlike in to run the club and just pay their bills honestly!!
I may have got my sums wrong, most will probably say i am talking doodoo, but has anyone ever considered that this could be a viable option for rankers?
Some years ago now, I and many scottish football fans could never have envisaged the financial plight Rangers now find themselves in.
Fickle fans though, during their dark footballing days when Celtic were sweeping the board in every competition, I remember being at Ibrox at a midweek game against St Mirren and the gate was only 8,000, so with the present situation I can't see them digging deep to help rangers financially.
#24
Posted 25 January 2012 - 12:36
Aye. Okay.
#25
Posted 25 January 2012 - 12:43
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BigVicWanyama, on 25 January 2012 - 01:32, said:
Scotland will thrive when ra ranjurs are dead!.
If you don't need them why all the pissing and moaning to keep the 4 old firm games in favour of a bigger league?
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