kiddy Posted November 1, 2018 Share Posted November 1, 2018 Their fans seem to be suggesting the £18m loss is fine because the Europa League Group qualification has written it off. Assume they've got confused with the Champions League, as they've earned around £2m from their entire European campaign so far.Assuming European money into basic budgets. Worked out fine the last time; even after making a final!£39m to run an SPFL club, that sits 4th, 8 pts behind the leaders & only 3 pts off 8th.Ooft! 3 Quote Link to comment Share on other sites More sharing options...
Jdog Posted November 1, 2018 Share Posted November 1, 2018 Good to see all those Ashley boycotts worked. 0 Quote Link to comment Share on other sites More sharing options...
Ken Fitlike Posted November 1, 2018 Share Posted November 1, 2018 Good to see the BRALT becoming active again... 6 Quote Link to comment Share on other sites More sharing options...
Melanius Mullarkey Posted November 1, 2018 Share Posted November 1, 2018 Rangers* really are so money supermarket, they don't event know it. And by supermarket, I mean Shoprite. 2 Quote Link to comment Share on other sites More sharing options...
Kneal Down Caster Posted November 1, 2018 Share Posted November 1, 2018 Have they not lost gazillions every year since their reincarnation? 0 Quote Link to comment Share on other sites More sharing options...
weirdcal Posted November 1, 2018 Share Posted November 1, 2018 Apparently bigger loss than entire remaining SPFL clubs (companies Shirley?) put together.. That takes some going 0 Quote Link to comment Share on other sites More sharing options...
TheScarf Posted November 1, 2018 Share Posted November 1, 2018 9 hours ago, sjc said: I've seen some Rangers* fans on twitter saying that it's ok as it's not debt, it's loans. I'm certain that I heard some Hearts fans say just that under Romanov, and that worked out fine...... I don't even know where to start. It's probably that kind of moronism from the old board that made their club cease to be. 1 Quote Link to comment Share on other sites More sharing options...
Ross. Posted November 1, 2018 Share Posted November 1, 2018 (edited) 9 hours ago, RandomGuy. said: Their fans seem to be suggesting the £18m loss is fine because the Europa League Group qualification has written it off. Assume they've got confused with the Champions League, as they've earned around £2m from their entire European campaign so far. Not sure where you get the £2m figure from. I'd expect it to be around 5x that total, if they go out in the groups. Prize money from getting through the qualifiers was around 1m EUR, prize money for qualifying for the groups is around 3m EUR, TV money will be in the same region, and they have probably raised in the region of £5m to £6m from gate receipts from all their home matches. They've also already picked up around 800k in prize money for their win and 2 draws in the group. https://www.uefa.com/uefaeuropaleague/news/newsid=2562034.html ETA: Even at that, they will still make substantial losses next year again. Reality is they need to win the Europa League or win the league and qualify for the Champions League to cover their outgoings, unless the "Investors" remain willing to write off large amounts of cash. Edited November 1, 2018 by Ross. 0 Quote Link to comment Share on other sites More sharing options...
paulbrucerick Posted November 1, 2018 Share Posted November 1, 2018 Worth every penny. 0 Quote Link to comment Share on other sites More sharing options...
Melanius Mullarkey Posted November 1, 2018 Share Posted November 1, 2018 59 minutes ago, paulbrucerick said: Worth every penny. Look at wee fat Harry's cheeks. They must we worth a couple of million each. 0 Quote Link to comment Share on other sites More sharing options...
Drew Brees Posted November 1, 2018 Share Posted November 1, 2018 Have they not lost gazillions every year since their reincarnation? 1 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted November 1, 2018 Share Posted November 1, 2018 Ah, this dear old thread gets back to its feet. It can do that because it didn't die. 3 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted November 1, 2018 Share Posted November 1, 2018 Shull! Shull! You're on... 5 Quote Link to comment Share on other sites More sharing options...
Kneal Down Caster Posted November 1, 2018 Share Posted November 1, 2018 Ooft. 0 Quote Link to comment Share on other sites More sharing options...
Drew Brees Posted November 1, 2018 Share Posted November 1, 2018 Ooft. Going for 55 10 Quote Link to comment Share on other sites More sharing options...
Darren1872 Posted November 2, 2018 Share Posted November 2, 2018 53.9m in loses and all they have to show for it is the petrofac cup. Wonder if theyll hit the 100m mark or die (again) before it. 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted November 2, 2018 Share Posted November 2, 2018 Rangers* really are so money supermarket, they don't event know it. And by supermarket, I mean Shoprite. Or William Low.Whatever happened to Templeton's? 2 Quote Link to comment Share on other sites More sharing options...
kildog Posted November 2, 2018 Share Posted November 2, 2018 Tick tock? 0 Quote Link to comment Share on other sites More sharing options...
Dons_1988 Posted November 2, 2018 Share Posted November 2, 2018 Their accounts aren't that bad lads, sorry to disappoint. 0 Quote Link to comment Share on other sites More sharing options...
Melanius Mullarkey Posted November 2, 2018 Share Posted November 2, 2018 7 hours ago, kiddy said: Whatever happened to Templeton's? Burton Albion apparently. 0 Quote Link to comment Share on other sites More sharing options...
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