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Big Rangers Administration/Liquidation Thread - All chat here!


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CHARLES Green, Brian Stockbridge and Imran Ahmad last night met several Scottish-based representatives from the Rangers community at Ibrox. The trio gave a presentation to the assembled delegates. GREEN discussed several issues, including how he came about being involved in the consortium.

Ahmad approached Green in February as Zeus were thinking about putting a deal together.

Initially Green said no, but then looked at it and between them and they started putting a team together to takeover Rangers. They asked some investors to put some money in with very little details, and they showed this money to Duff & Phelp who then started to take them seriously. Over the next few months and the consortium paid £250k deposit, a total of £5.5M for the club and gave D&P another £500k to help pay the wages for May. It was also made clear that the club owns the Ibrox and the training complex at Auchenhowie 100%, again threw out allegations of Whyte's involvement. Craig Whyte introduced him to D+P.

Green mentioned the treatment from other clubs and the Scottish Football Association:

  • UEFA meeting and no club could believe what had happened to us and treatment by SFA. One club commented that they had been bribing referees and did not get treated that badly.
  • Green said only 5 clubs wanted to kick us out of SPL, with another 5 wanting to abstain. We asked them to stop passing buck and make a decision, and the other 5 reluctantly voted against.

Green then went onto outline his future plans for the club. These included:

  • The owners want to get more non-exec directors on board for good governance. No single investor will be allowed more than 10%.
  • Over 5 million worldwide fan base: wants to include them all much better than before. Eh? huh.gif
  • Green has agreed a deal to buy Edmiston House from Murray. This will see the Ticket office moving to where superstore is now. The Megastore will move to bottom 2 floors of Edmiston House. The upper floors are to be converted into a sports bar.
  • The club is committed to ensuring our merchandise is readily available in USA. Former Ibrox favourite Reyna is going to help us create academies in USA, and Bocanegra will join him once he hangs up his boots. The club believes the American market to be massive.
  • The Asian Market is well known to our investors. This Market is seen as the biggest upcoming market, Rangers are going to get involved in a big way. The club is currently looking at partners to develop brand/ tours etc.
  • As previously known the JJB deal terminated has been terminated and replaced by Sports Direct. Green wants to get back to 2005 levels of retail sales of £20M and profit of £5.6M per annum. The new deal with Sports Direct will help us do this. The club has been talking to Adidas, Puma and Nike about taking over Umbro deal which has been terminated, an announcement is expected soon! Puma are probably the favourites due to connections with Sports Direct.
  • The club believes media rights are going to be huge over next decade, i.e TV migrating to web. Rangers are in talks with TV and tech companies. It is expected that media income alone will reach £100M within 10 years. Looks at example of the Champions League final which generated £1.7B. :lol: :lol:
  • Green believes there will be a Euro league of sorts within a few years and that RFC will be a part of it, citing that the global fan base is too big to exclude us. Green also alluded to The Champions League which would be worth £20M income to club per season.
  • The Club are going to revalue property assets at more realistic £30-40M in next balance sheet. The players are worth £2M on the balance sheet.
  • We have a strong youth player base, in 3 years we will have 6 under 22 players with over 100 appearancess, this experience will stand club in good stead.
  • In January 2012 the wage bill was £30M per annum. It is now £6M per annum. Policy to bring in players on good wages (£20k pw) but not pay large fees we don't get back. Looking to bring in 10 players like that between now and top league return, making max wage bill of £16M per annum. Ally McCoist believes title winning squad achievable under that budget.

It seemed to be a very productive meeting for all concerned. A proper, 21st century football business model has been created, in my opinion it will put Rangers light-years ahead of every other Scottish club and closer to the "Global" football brands such as Man United, Chelsea and Real Madrid.

Edited by Bairnforever1992
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  • The club is committed to ensuring our merchandise is readily available in USA. Former Ibrox favourite Reyna is going to help us create academies in USA, and Bocanegra will join him once he hangs up his boots. The club believes the American market to be massive.

Has anyone seen a single quote from Reyna & Bocanegra to back this up? Also, i think American's would rather watch the MLS these days than any scottish domestic league! and the ones who do look to Europe, they will be watch the EPL & La Liga for obvious reasons

  • The Asian Market is well known to our investors. This Market is seen as the biggest upcoming market, Rangers are going to get involved in a big way. The club is currently looking at partners to develop brand/ tours etc.

They tried the asian market about 10 years ago, and it didn't work, despite at the time Rangers being a far more attractive club to watch, having a team full of internationals and being in the Champions League. and don't forget about the failed link up with shenzhen jianlibao

225px-Rangers_Shenzhen.jpg

Does Charlie think he is the only chairman to try and break into Asia? English clubs have been doing it for years, with the Premier League Asaia Trophy http://en.wikipedia....gue_Asia_Trophy

Teams in the past like Bolton & Hull have had more coverage in Asia than Rangers would ever hope.

La Liga are not daft either, they have been trying to make money out of the Asia market they even change kick off times to suit it better for an asia audience!

http://news.xinhuane...c_131231138.htm

The 12 o'clock kick off was introduced as an attempt to allow Spanish clubs to cash in on the lucrative Asian market as games kicking off at that time in Spain can be televised prime time in Asia.

The only surprise, given that Barcelona and Madrid are the two biggest draws in La Liga, is that they have not had an early kick off sooner this season.

So why would anyone in Asia or North America want to waste time watching Scottish domestic football games at ridiculous hours of the day? laugh.gif

It seemed to be a very productive meeting for all concerned. A proper, 21st century football business model has been created, in my opinion it will put Rangers light-years ahead of every other Scottish club and closer to the "Global" football brands such as Man United, Chelsea and Real Madrid.

No scottish club will ever become close to being the size as Man United, Real Madrid, Barcelona etc... Even if we won the Champions League! these clubs are on a different planet from us.

Arsenal just signed a new deal for stadium naming rights with Emirates with £150M over 5 years, and this is a club that consider finishing in the top 4 more important than winning a trophy!

http://www.arsenal.com/Emiratesnewdeal

It's just like David Murray and Craig Whyte all over again, no Rangers fans challenge these ridiculous statements, they will all just lap it up.

Edited by Enrico Annoni
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Good Post

I challenge it and completely agree, CG lives in a different world at times and I wish he would shut the f**k up about big euro clubs and concentrate on rebuilding Rangers

Well fans like you really need to start questioning him, nothing wrong with having ambition. but he has to be realistic about these sort of things.

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they will all just lap it up.

As if you have even the slightest clue about what we might think or do. You're a single step up on the evolutionary scale from Bhairnforever - and a tiny wee step at that.

Still, Dhensebhore has apologised on your behalf: "Other fans have no such delusions and simply don't attempt difficult or complex sentences pretending to know what they are doing ...."

Know your place, son, know your place. Dhensebhore does.

laugh.gif

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As if you have even the slightest clue about what we might think or do. You're a single step up on the evolutionary scale from Bhairnforever - and a tiny wee step at that.

Still, Dhensebhore has apologised on your behalf: "Other fans have no such delusions and simply don't attempt difficult or complex sentences pretending to know what they are doing ...."

Know your place, son, know your place. Dhensebhore does.

laugh.gif

post-39909-0-29163800-1353937455_thumb.j

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As if you have even the slightest clue about what we might think or do. You're a single step up on the evolutionary scale from Bhairnforever - and a tiny wee step at that.

Still, Dhensebhore has apologised on your behalf: "Other fans have no such delusions and simply don't attempt difficult or complex sentences pretending to know what they are doing ...."

Know your place, son, know your place. Dhensebhore does.

laugh.gif

Care to point out what was wrong in my post? rolleyes.gif

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I'll save us the trouble of picking it apart and just say this - most of it.

smile.gif

So you believe Rangers are going to becoming a global brand on part with Man United and Real Madrid? and tap into the market in North America & Asia?

laugh.gif

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No scottish club will ever become close to being the size as Man United, Real Madrid, Barcelona etc... Even if we won the Champions League! these clubs are on a different planet from us.

Arsenal just signed a new deal for stadium naming rights with Emirates with £150M over 5 years, and this is a club that consider finishing in the top 4 more important than winning a trophy!

http://www.arsenal.com/Emiratesnewdeal

It's just like David Murray and Craig Whyte all over again, no Rangers fans challenge these ridiculous statements, they will all just lap it up.

It's their programming, too many of them are programmed to lap up all the bullshit that they are told by shysters. The minority among them who are in control of their own minds and actually do attempt to question the shyster bullshit are quickly shot down by the many among them who are programmed to believe and obey what their masters tell them to believe.

Bendarroch for example as below...

28082933.jpg

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CHARLES Green, Brian Stockbridge and Imran Ahmad last night met several Scottish-based representatives from the Rangers community at Ibrox. The trio gave a presentation to the assembled delegates. GREEN discussed several issues, including how he came about being involved in the consortium.

Ahmad approached Green in February as Zeus were thinking about putting a deal together.

Initially Green said no, but then looked at it and between them and they started putting a team together to takeover Rangers. They asked some investors to put some money in with very little details, and they showed this money to Duff & Phelp who then started to take them seriously. Over the next few months and the consortium paid £250k deposit, a total of £5.5M for the club and gave D&P another £500k to help pay the wages for May. It was also made clear that the club owns the Ibrox and the training complex at Auchenhowie 100%, again threw out allegations of Whyte's involvement. Craig Whyte introduced him to D+P.

Interesting, i wonder if he confirmed if this money was a payment, a loan, or a sham loan?

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