jagfox Posted February 8, 2018 Share Posted February 8, 2018 Close Brothers Group provide Rangers with lending facility 0 Quote Link to comment Share on other sites More sharing options...
Romeo Posted February 8, 2018 Share Posted February 8, 2018 1 hour ago, jagfox99 said: Close Brothers Group provide Rangers with lending facility This is all fine and perfectly normal.......they don't actually need any money though, because Dave King has a war chest, this is just extra money for "stuff" 0 Quote Link to comment Share on other sites More sharing options...
jagfox Posted February 8, 2018 Share Posted February 8, 2018 36 minutes ago, Romeo said: This is all fine and perfectly normal.......they don't actually need any money though, because Dave King has a war chest, this is just extra money for "stuff" It'll be fine. Secured against season ticket sales and the stadium*. What could go wrong? * Spoiler This may not be the case. 1 Quote Link to comment Share on other sites More sharing options...
Dons_1988 Posted February 8, 2018 Share Posted February 8, 2018 This is all fine and perfectly normal.......they don't actually need any money though, because Dave King has a war chest, this is just extra money for "stuff" Only in their world would access to an overdraft be seen as some sort of success 2 Quote Link to comment Share on other sites More sharing options...
nsr Posted February 8, 2018 Share Posted February 8, 2018 1 hour ago, Romeo said: This is all fine and perfectly normal.......they don't actually need any money though, because Dave King has a war chest, this is just extra money for "stuff" Are there any Bears who are alarmed at what's going on? Any at all? 0 Quote Link to comment Share on other sites More sharing options...
BawWatchin Posted February 8, 2018 Share Posted February 8, 2018 On 2/2/2018 at 21:53, The_Kincardine said: I think the Occam's Razor allusion is pretty fair. Many posters overly complicate all matters Rangers? No? The Rangers over complicate all matters The Rangers. That's what happens when you drag religion, politics and ancient events (that none of them played any part in) into a 90 minute football match. In fact, they are so overcomplicating things in this manner, that they are completely oblivious to the inevitable financial ruin that is about to occur....... again. 0 Quote Link to comment Share on other sites More sharing options...
rainbowrising Posted February 8, 2018 Share Posted February 8, 2018 5 minutes ago, nsr said: Are there any Bears who are alarmed at what's going on? Any at all? it's money so they don't care. Spend it, all of it then chase around looking for another 'lender'. Clearly, people behind the scenes are pulling out of funding this Frankenstein and they are now at this level. Interesting to note how papers like the DR have continually espoused the line that finances at Ibrox where never a problem but now comment that the Ibrox board have been blackballed by every bona fide bank lender you can think of since Sevco's inception until signing up for this. This is where they are now and apparently it is good news that shows how strong the Clumpany is. There surely must be some in their fan base that understand financing and recognise the implications of this. 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted February 8, 2018 Share Posted February 8, 2018 25 minutes ago, rainbowrising said: There surely must be some in their fan base that understand financing and recognise the implications of this. Perhaps they've all become nihilistic drunks like The_Kincardine. 0 Quote Link to comment Share on other sites More sharing options...
Stellaboz Posted February 8, 2018 Share Posted February 8, 2018 f**k Newco and f**k all the brain dead Morons who support them. Happy Karnival. 0 Quote Link to comment Share on other sites More sharing options...
Greenlantern Posted February 8, 2018 Share Posted February 8, 2018 Close Brothers Group provide Rangers with lending facility Fan zones [emoji1]that should provide great entertainment for the rest of us, especially when the screens go on the blink. 0 Quote Link to comment Share on other sites More sharing options...
Dindeleux Posted February 8, 2018 Share Posted February 8, 2018 Are there any Bears who are alarmed at what's going on? Any at all? To be fair over on RM I’d say it’s about 75% concerned and 25% head in the sand. -1 Quote Link to comment Share on other sites More sharing options...
nsr Posted February 8, 2018 Share Posted February 8, 2018 2 minutes ago, Dindeleux said: To be fair over on RM I’d say it’s about 75% concerned and 25% head in the sand. Is that "we need mair money fae a real Rainjurz man" concerned or a "we need to rethink almost literally everything the club is doing" concerned? 0 Quote Link to comment Share on other sites More sharing options...
Dindeleux Posted February 8, 2018 Share Posted February 8, 2018 Is that "we need mair money fae a real Rainjurz man" concerned or a "we need to rethink almost literally everything the club is doing" concerned? I think it’s about half way between the two. -1 Quote Link to comment Share on other sites More sharing options...
KnightswoodBear Posted February 8, 2018 Share Posted February 8, 2018 Just so i can get this straight: Didn't have banking facilities - Bad thing Have banking facilities - Bad thing Is that right? 1 Quote Link to comment Share on other sites More sharing options...
nsr Posted February 8, 2018 Share Posted February 8, 2018 It's probably more like: Have bad banking facilities = bad. Have good banking facilities = good. 1 Quote Link to comment Share on other sites More sharing options...
Stellaboz Posted February 8, 2018 Share Posted February 8, 2018 What about a range of topping? 0 Quote Link to comment Share on other sites More sharing options...
SweeperDee Posted February 8, 2018 Share Posted February 8, 2018 Using Quick Quid to pay your employees = very bad Using the CO-OP as a lending partner when and as required after demonstrating financial robustness = Good 0 Quote Link to comment Share on other sites More sharing options...
Romeo Posted February 8, 2018 Share Posted February 8, 2018 Just so i can get this straight: Didn't have banking facilities - Bad thing Have banking facilities - Bad thing Is that right? Here is the perfect example of head in the sand. 1 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted February 8, 2018 Share Posted February 8, 2018 (edited) 2 hours ago, KnightswoodBear said: Just so i can get this straight: Didn't have banking facilities - Bad thing Have banking facilities loan securitised on assets - Bad thing Is that right? Yes, that is correct. HTH. Edited February 8, 2018 by Florentine_Pogen 3 Quote Link to comment Share on other sites More sharing options...
williemillersmoustache Posted February 8, 2018 Share Posted February 8, 2018 8 Quote Link to comment Share on other sites More sharing options...
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