The DA Posted October 7, 2021 Share Posted October 7, 2021 10 minutes ago, Merkland Red said: Can you imagine if they'd sold Ibrox and Murray Park?! And all their best players! That might actually have been funnier than them going into liquidation. 1 Quote Link to comment Share on other sites More sharing options...
DukDukGoose Posted October 7, 2021 Share Posted October 7, 2021 15 minutes ago, The DA said: And all their best players! That might actually have been funnier than them going into liquidation. Don't think the administrators would have been alive to see it through. 1 Quote Link to comment Share on other sites More sharing options...
Suspect Device Posted November 5, 2021 Share Posted November 5, 2021 Another £23.5m loss. Rangers reveal £23.5m operating loss as Covid hits revenues - BBC Sport How much does that make the cumulative losses since the club was formed in 2012? Yet the SFA thinks it's all OK and have no plans for any financial fair play rules to be implemented. 1 Quote Link to comment Share on other sites More sharing options...
kiddy Posted November 5, 2021 Share Posted November 5, 2021 Another £23.5m loss. Rangers reveal £23.5m operating loss as Covid hits revenues - BBC Sport How much does that make the cumulative losses since the club was formed in 2012? Yet the SFA thinks it's all OK and have no plans for any financial fair play rules to be implemented.The gift that keeps on giving.Inclusive of a £5m repayment to old googley eyes, +£800k interest. Nothing #glibandshameless there. Where else can you get such return on your family savings nowadays? 2 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted November 5, 2021 Share Posted November 5, 2021 Probably nothing much to see here. Thought I'd check in though, for old times' sake. 1 Quote Link to comment Share on other sites More sharing options...
EdinburghBlue Posted November 5, 2021 Share Posted November 5, 2021 The SFA/SPFL need to do something to stop financial doping and level the financial playing field. How about deducting a point for every £500k of losses? 1 Quote Link to comment Share on other sites More sharing options...
muirkirk nil Posted November 9, 2021 Share Posted November 9, 2021 https://www.thescottishsun.co.uk/sport/football/7976898/dave-king-slams-rangers-board-accounts-interest-payments/?utm_medium=Social&utm_source=Twitter#Echobox=1636497319 1 Quote Link to comment Share on other sites More sharing options...
Insaintee Posted November 10, 2021 Share Posted November 10, 2021 Former Rangers chairman Dave King cites "inaccurate" information in the club's most recent accounts, saying a £5m loan was incorrectly attributed to him rather than a business within his family trust structure. (Sun) This is interesting. of course in SA Dave has no money. so how could he give a loan. And a business in his trust structure. He's supposed to have no control over that. Nothing to see for Rangers but there is for King. Especially If the interest on the loan was payed to King and not (checks notes) a business within his family trust structure. Also if Rangers accounts are wrong. that's a bit worrying. 0 Quote Link to comment Share on other sites More sharing options...
muirkirk nil Posted November 10, 2021 Share Posted November 10, 2021 4 minutes ago, Insaintee said: Former Rangers chairman Dave King cites "inaccurate" information in the club's most recent accounts, saying a £5m loan was incorrectly attributed to him rather than a business within his family trust structure. (Sun) This is interesting. of course in SA Dave has no money. so how could he give a loan. And a business in his trust structure. He's supposed to have no control over that. Nothing to see for Rangers but there is for King. Especially If the interest on the loan was payed to King and not (checks notes) a business within his family trust structure. Also if Rangers accounts are wrong. that's a bit worrying. Elsewhere he said that some of the board wanted to offer Ibrox as security on loans. 0 Quote Link to comment Share on other sites More sharing options...
Insaintee Posted November 10, 2021 Share Posted November 10, 2021 7 hours ago, muirkirk nil said: Elsewhere he said that some of the board wanted to offer Ibrox as security on loans. ooft seems to be some posturing going on 0 Quote Link to comment Share on other sites More sharing options...
steelmen Posted November 15, 2021 Share Posted November 15, 2021 i really don't want to charge 16% interest... but they say i must.... here's my bank details, just round it down to the £830k wonder if dodgy dave has been lying to the SA tax authorities again 0 Quote Link to comment Share on other sites More sharing options...
strichener Posted November 22, 2021 Share Posted November 22, 2021 On 15/11/2021 at 15:15, steelmen said: i really don't want to charge 16% interest... but they say i must.... here's my bank details, just round it down to the £830k wonder if dodgy dave has been lying to the SA tax authorities again I really can't see how the authorities can force a trust to charge interest. Dave being Dave. 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted December 11, 2021 Share Posted December 11, 2021 December's update is in. Still #NoDeidYet #LestWeForget #GBNF #WeWillRememberThem RFC 2012 PLC liquidators appointed - BDO 0 Quote Link to comment Share on other sites More sharing options...
Goomba Posted December 13, 2021 Share Posted December 13, 2021 There are only four certainties in life. Life, death, taxes.. And the clutching of straws of those who hate Rangers, desperate to pretend to themselves that they are dead, as well as obsessing over their finances. It's amusing to watch. -1 Quote Link to comment Share on other sites More sharing options...
williemillersmoustache Posted December 13, 2021 Share Posted December 13, 2021 Or in this case: Life, Don't Pay Taxes, Death 9 Quote Link to comment Share on other sites More sharing options...
Goomba Posted December 13, 2021 Share Posted December 13, 2021 6 minutes ago, williemillersmoustache said: Or in this case: Life, Don't Pay Taxes, Death No, it's literally what I said. You seem like one of these ones with white knuckles from all that straw clutching? Are you? 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted December 13, 2021 Share Posted December 13, 2021 On 10/11/2021 at 11:01, Insaintee said: Former Rangers chairman Dave King cites "inaccurate" information in the club's most recent accounts, saying a £5m loan was incorrectly attributed to him rather than a business within his family trust structure. (Sun) This is interesting. of course in SA Dave has no money. so how could he give a loan. And a business in his trust structure. He's supposed to have no control over that. Nothing to see for Rangers but there is for King. Especially If the interest on the loan was payed to King and not (checks notes) a business within his family trust structure. Also if Rangers accounts are wrong. that's a bit worrying. For whom? 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted December 22, 2021 Share Posted December 22, 2021 Poor wee Craig.. https://www.dailyrecord.co.uk/news/scottish-news/ex-rangers-owner-craig-whyte-25766639 0 Quote Link to comment Share on other sites More sharing options...
Dundee Hibernian Posted January 11, 2022 Share Posted January 11, 2022 Lord Tyre's opinion in the David Grier v the Lord Advocate and Police Scotland case, published today. https://www.scotcourts.gov.uk/docs/default-source/cos-general-docs/pdf-docs-for-opinions/2022csoh02.pdf?sfvrsn=d620d954_1 Have a wee search through the document, when referring to Rangers there is no mention of a holding company, they are cited throughout as a "club". Where did that holding company story originate from, anyone know? 2 Quote Link to comment Share on other sites More sharing options...
Squonk Posted January 12, 2022 Share Posted January 12, 2022 15 hours ago, Dundee Hibernian said: Lord Tyre's opinion in the David Grier v the Lord Advocate and Police Scotland case, published today. https://www.scotcourts.gov.uk/docs/default-source/cos-general-docs/pdf-docs-for-opinions/2022csoh02.pdf?sfvrsn=d620d954_1 Have a wee search through the document, when referring to Rangers there is no mention of a holding company, they are cited throughout as a "club". Where did that holding company story originate from, anyone know? https://www.investopedia.com/terms/h/holdingcompany.asp Not sure of the origins, but the lie was born of necessity. The myth that only Rangers' holding company died back in 2012 was one of many pathetically amateurish, transparent, but ultimately futile attempts to pretend that a football club didn't die the death of liquidation. If anything, Wavetower, the company that Craig Whyte used to purchase Rangers from David Murray, came closest to fitting the description of Rangers' holding company, but of course it wasn't that entity that entered administration followed by liquidation, nor was it Murray International Metals. That dishonour fell to Rangers Football Club plc (subsequently renamed RFC 2012 in yet another amateurish, transparent and futile attempt to mislead). Yet many purveyors of fiction still trot out the holding company lie to this day, along with other fabrications such as relegation to the 4th tier. 7 Quote Link to comment Share on other sites More sharing options...
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