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Big Rangers Administration/Liquidation Thread - All chat here!


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Is it not the case that a lot of youth set-ups are funded by grants etc which are ring-fenced?

I think the suggestion that investment in youth will vanish is along similar lines to the ones about social unrest and deaths which take their time.

I'm not saying that the investment will completely vanish, but it's not the first time youth set-ups have been scrapped when finances get a bit tight.

The real problem is that a lot of government money has been spent on the pro-youth set up in this country and continues to be spent - if any team does consider scrapping their youth set up then there's something seriously wrong.

Edited by 1FC1894
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That's about the only thing you've said that makes sense and it's something that all fans should be up in arms about.

Between 2006-2009 the SFA received somewhere in the region of £12m from the Scottish Government for the development of the youth game and to distribute to football teams who had 'pro youth' set-ups.

The amounts paid since 2009 are harder to get a hold of since the Scottish Government called the SFA to parliament in Edinburgh in 2011 to explain the youth football set-up and what has happened to the money.

If any club uses the current financial uncertainties to scrap their youth set-ups, they are severely taking the pish.mad.gif

I have often thought that even if every club in Scotland except the o.f. Just paid 300 / 500 a week for the best local players folk would still turn out to see them.

It's really only when clubs tried to catch up with rangers illegal spending that the whole system clogged up, I'd be happy for Killie to adopt this approach even if it meant relegation and a bit of yoyoing through the leagues till all clubs found their level. I'd still go n watch, there would still be a Killie playing at rugby park.

Would you go and see your club if they adopted a policy of promoting players from the youth set up and an occasional new player who moves into town for wages only ?

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THANK YOU.................... Someone who can seperate themselves from the utter shite thats currently doing the rounds on here and look at the potential for disaster for the game as a whole if the clubs follow through with cost cutting that starts with their youth set ups. Unfortunately clubs will use the current financial position as a reason for scrapping youth teams and youth development because in the main it`s an unseen overhead and it`s relatively easy to get rid off without anyone making too much of a fuss about it. If anyone on this or any other forum really do want to be seen as making a difference then you should all be lobbying/emailing your own clubs asking for detaisl and reassurances that the development of young players at your respective clubs will not be sacrificed.................

Yeah you really should stop posting.

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...Would you go and see your club if they adopted a policy of promoting players from the youth set up and an occasional new player who moves into town for wages only ?

I would, but then I've been watching the Albion too long to be anything but a realist.

And unfortunately, one of the main problems with teams like Celtic, Rangers, Hearts and Hibs etc. is as much to with the supporters as it is to do with how the clubs bring their youths on. Their supporters (like everyone who follows a football team) want success, and while they're willing to have maybe one or two young guys in the team who make the occasional mistake as they learn the ropes, they just won't tolerate their team getting humped every week.

Bah, for me, not getting humped every week is a success.

Edited by 1FC1894
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I have often thought that even if every club in Scotland except the o.f. Just paid 300 / 500 a week for the best local players folk would still turn out to see them.

It's really only when clubs tried to catch up with rangers illegal spending that the whole system clogged up, I'd be happy for Killie to adopt this approach even if it meant relegation and a bit of yoyoing through the leagues till all clubs found their level. I'd still go n watch, there would still be a Killie playing at rugby park.

Would you go and see your club if they adopted a policy of promoting players from the youth set up and an occasional new player who moves into town for wages only ?

If the SFA Board were worth their wages, one of the rules of Scottish football would be - A minimum of 6 players of the starting 11 players on the pitch in each and every senior league match must have attended school within a 30 mile radius of the home ground of the club - for all Scottish League matches with no exceptions (including the SPL).

Such a rule would force all Scottish Senior clubs to focus upon developing youths from areas around their clubs.

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<br>Thank you one and all for your level headed and balanced approach to your responses. You haven`t disappointed me with your levels of crass stupidity and ignorance. I see that you have all managed to grasp the stupid end of the stick again and took the easy option of spouting a lot of irrelevant shite. In answer to the only notable exception who asked what my solution to the "problem" would have been. I honestly don`t know what the right/best answer would have been.<br><br> As for the rest of you, I not that not one of you had any meaningful comment or view on the youth set ups at SPL clubs being the first area that clubs are looking at to trim overheads. Any of you care to comment on this??<br><br>And yes, as an ex-player I don`t get it and if you lot have got it then I`m glad I don`t get it!! Players in the main have a healthy level of contempt for the mainstream supporter and wether you like it or not thats the way it is. As for your mob rule,WATP, call yourselves what you will...the reality is that you have little or no say when it actually comes down to it. So you may all be Turnbull Hutton or whoever you choose to be today,the facts are that the clock is ticking on his and all the other Turnbull Huttons 15 minutes of fame...............<br><br>If clubs truly want to live within their means then let them do of their own volition and not because they are depending on a handout from a television deal to determine the level of their expenditure for the next 6/12 months. You wouldnt run any other type of business this way why should a football club be any different.........<br>

The biggest out going for clubs are players wages for years numerous accountancy firms have been sounding warnings about this problem and now it needs to be reduced. What about a wage cap ?

My own club we were paying stupid money but that was not the fans that was the chairman, when he readjusted the wage structure not one supporter decried that decision.

You say you don't know how to fix the problem, clubs simply spend a level of their income on wages that is affordable the problem we had was one nugget went splashing money on players and the others followed suit believing if they didn't they would pack up and leave. Now we all know and laugh at anyone who mentions their club moving to England or wherever, it ain't happening.

Look there is one club who has just pissed over a lot of their creditors , are unsure of their revenue streams but are offering 5,000 per week to play in the seaside leagues , now who is being irresponsible?

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An old pro-Rangers thread on skyscrapercity.com from 2008: Smoke & Mirrors

If you feel like a laugh and haven't read it before i highly recommend it !!!

The Orcs seem to really love the facade of the big hoose.

I am not saying this just to be anti-Ibrox, honest, but it reminds me of old Glasgow tram depots,

or a 19th century factory. Drab , regimented, unimaginative.

I really don't find it architecturally inspiring.

Anyone else got an opinion?

Edited by cyderspaceman
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<br>Thank you one and all for your level headed and balanced approach to your responses. You haven`t disappointed me with your levels of crass stupidity and ignorance. I see that you have all managed to grasp the stupid end of the stick again and took the easy option of spouting a lot of irrelevant shite. In answer to the only notable exception who asked what my solution to the "problem" would have been. I honestly don`t know what the right/best answer would have been.<br><br> As for the rest of you, I not that not one of you had any meaningful comment or view on the youth set ups at SPL clubs being the first area that clubs are looking at to trim overheads. Any of you care to comment on this??<br><br>And yes, as an ex-player I don`t get it and if you lot have got it then I`m glad I don`t get it!! Players in the main have a healthy level of contempt for the mainstream supporter and wether you like it or not thats the way it is. As for your mob rule,WATP, call yourselves what you will...the reality is that you have little or no say when it actually comes down to it. So you may all be Turnbull Hutton or whoever you choose to be today,the facts are that the clock is ticking on his and all the other Turnbull Huttons 15 minutes of fame...............<br><br>If clubs truly want to live within their means then let them do of their own volition and not because they are depending on a handout from a television deal to determine the level of their expenditure for the next 6/12 months. You wouldnt run any other type of business this way why should a football club be any different.........<br>

Answer yer phone ffs, Billy (credit to vikingTON)

Edited by cyderspaceman
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<br>Thank you one and all for your level headed and balanced approach to your responses. You haven`t disappointed me with your levels of crass stupidity and ignorance. I see that you have all managed to grasp the stupid end of the stick again and took the easy option of spouting a lot of irrelevant shite. In answer to the only notable exception who asked what my solution to the "problem" would have been. I honestly don`t know what the right/best answer would have been.<br><br> As for the rest of you, I not that not one of you had any meaningful comment or view on the youth set ups at SPL clubs being the first area that clubs are looking at to trim overheads. Any of you care to comment on this??<br><br>And yes, as an ex-player I don`t get it and if you lot have got it then I`m glad I don`t get it!! Players in the main have a healthy level of contempt for the mainstream supporter and wether you like it or not thats the way it is. As for your mob rule,WATP, call yourselves what you will...the reality is that you have little or no say when it actually comes down to it. So you may all be Turnbull Hutton or whoever you choose to be today,the facts are that the clock is ticking on his and all the other Turnbull Huttons 15 minutes of fame...............<br><br>If clubs truly want to live within their means then let them do of their own volition and not because they are depending on a handout from a television deal to determine the level of their expenditure for the next 6/12 months. You wouldnt run any other type of business this way why should a football club be any different.........<br>

Billy Dodds IMO.

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The Orcs seem to really love the facade of the big hoose.

I am not saying this just to be anti-Ibrox, honest, but it reminds me of old Glasgow tram depots,

or a 19th century factory. Drab , regimented, unimaginative.

I really don't find it architecturally inspiring.

Anyone else got an opinion?

They only idolise that because their leaders over a period of many years have brainwashed them into doing that. You have to keep in mind that they "Follow Follow" and as followers they are very easily misled, manipulated and taken for a ride by the type of leaders that they choose to follow. wink.gif

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So anyone care to answer my original question as to what their clubs actual net spend is within this transfer window compared to the last 5 years???

Ok.....

St Johnstone - Our net spend is on a par with last year and up on our time in First Division. But not sure what that is a measure of I'd prefer to see us reduce wages by 20% and on balance think that SPL clubs were spending way to much on squad wages - cut backs of 25% would be rational irrespective of SPL TV deals or who is in the league.

My club have barely spent a farthing for years, pretty typical of most SPL clubs apart from two.

Killie's net transfer spend:

06/07: £30k

07/08: -£2.04m

08/09: £20k

09/10: £0

10/11: -£528k

11/12: £0

Our average net transfer spend per season in the last 5 seasons was -£503k per season.

Our net transfer spend this season has been £0.

That must mean that we are £500k better off this season, since we have spent £500k more this season that we did over the last 5. Brilliant news.

Sure.

Dundee United's net spend this transfer window is £0.

We can compare that to the net transfer spend of the previous 5 years, which is £0.

and your response ....

<br>Thank you one and all for your level headed and balanced approach to your responses. You haven`t disappointed me with your levels of crass stupidity and ignorance.

blink.gif

You could probably get a decent discussion going if you started a dedicated thread in the SPL board (don't start it off by having a go at people though) I bet you get a reasonable response. And what's with all the "<br>" shite ?

The SFL is full to the brim with yoofs, it's also full to the brim with solvent clubs (with one exception of course) And the club I support has produced a fair few of it's own players in recent years.

Edited by Ned Nederlander
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THANK YOU.................... Someone who can seperate themselves from the utter shite thats currently doing the rounds on here and look at the potential for disaster for the game as a whole if the clubs follow through with cost cutting that starts with their youth set ups. Unfortunately clubs will use the current financial position as a reason for scrapping youth teams and youth development because in the main it`s an unseen overhead and it`s relatively easy to get rid off without anyone making too much of a fuss about it. If anyone on this or any other forum really do want to be seen as making a difference then you should all be lobbying/emailing your own clubs asking for detaisl and reassurances that the development of young players at your respective clubs will not be sacrificed.................

You sound concerned.

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If the SFA Board were worth their wages, one of the rules of Scottish football would be - A minimum of 6 players of the starting 11 players on the pitch in each and every senior league match must have attended school within a 30 mile radius of the home ground of the club - for all Scottish League matches with no exceptions (including the SPL).

Such a rule would force all Scottish Senior clubs to focus upon developing youths from areas around their clubs.

There needs to be a complete and utter rethink of how the youth game is set up and run. I'm not an expert in any way shape or form but my opinions of the youth game here are based on entirely on coaching at the youth level and my son's experiences as a youth player both abroad and here in Scotland.

One of the first things I would scrap is the non-competitive nature of the game until they hit U12. My son started playing at 6 years old and every game he played was in a competitive league until we returned to Scotland, then he had to go to a non-competitive league. And pro youth, wtf is the thinking behind the non-competitive nature of that?

Football is a competitive game. Teach kids that it's ok to lose when they're 6-11 years old and you've sowed the seeds of doubt at an early age.

Stop putting the facilities the kids have down. Scotland produced many good players who didn't have 3 or 4g astro pitches to play on, and funnily enough, in both Germany and Holland a lot of teams moved onto red ash around November wink.gif.

Spend the money that has been invested on the future of the game where it should be spent, on the kids, and get the fans of teams outwith the SFL to realise that they need to blood a lot of young players, put up with pish results and accept that the game will never change unless they do.

Rant over, please return to your normal P&B service.

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Orcs getting wound up with conspiracies again :D

Another of life's weird coincidences happened this morning, after months of scratching around to find a new NOMAD Merchant House (of cards) Group of Liberty Capital and Craig Whyte fame finally announce their new advisor and broker and surprise,surprise it's none other than Allenby Capital Limited which was founded by a certain Imran Ahmed director of The Rangers Football Club Limited.

Quote

Merchant House Group plc

("MHG" or the "Company")

Company Update, Annual Report, Total Voting Rights and

Change of Adviser and Broker

The Company is pleased to update shareholders on recent developments.

The directors are pleased to confirm the appointment of Allenby Capital Limited as the Company's Nominated Adviser and Broker with immediate effect.

Further to the announcement of 26 June, the audit of the annual accounts for the financial year ending 31 December 2011 continues although the late start due to the challenges in the business previously reported means that the annual report is now expected to be published in the second half of August. The directors anticipate that when the annual accounts have been published, the suspension of trading on AIM in the Company's ordinary shares will be lifted. Combined with the fundraising, appointing a new custodian and a strengthened board already announced, this will successfully conclude the short-term goals following a challenging six months. The whole team has worked hard in difficult circumstances to reach this point.

The Company is beginning to see the benefits of all this and the confidence shown by Beia Capital Limited ("Beia Capital") and Beia Investment Partners LLP ("Beia LLP") as we focus again on growing the businesses while controlling costs and seeking to build shareholder value. The directors can further announce that advanced discussions are taking place to secure subscriptions for the £1.35 million non-convertible loan notes announced on 26 June and that Beia Capital has agreed to subscribe for the balance not taken up in two tranches: up to £675,000 on 15 August 2012 and up to £675,000 on 28 September 2012. The secured five year loan notes will be transferrable and carry a coupon of 14% per annum payable semi-annually.

Further to the announcement on 26 June, the application for approval from the Financial Services Authority for Beia LLP's £400,000 equity investment is in progress and the directors are unable to anticipate when a decision will be forthcoming. In the meantime therefore, Beia LLP has provided a £400,000 unsecured, interest free loan facility in addition to the £250,000 convertible loan notes already subscribed for. The £400,000 loan facility constitutes a related party transaction under the AIM Rules for Companies due to James Keane and Stephen Drew being directors of MHG and members of Beia LLP. The independent directors, being James Holmes, Christopher Day and Martin Eberhardt, having consulted with the Company's nominated adviser, Allenby Capital Limited, consider that the terms of the loan facility are fair and reasonable insofar as the Company's shareholders are concerned.

As stated above, recent positive developments allow the directors to focus efforts on continuing the strategy to build a successful and diverse financial services business. Initiatives the directors anticipate completing in the near future are the launch of an important private equity fund, the launch of a corporate offering for Merchant House Financial Services taking it into a new and exciting sector and the further development of our structured products offering into new European markets. In connection with these initiatives, a number of additional appointments are expected to be made and shareholders will be updated in due course. The Company will also be able to update shareholders in more detail as part of the annual report expected to be published next month.

Issue of Equity and Total Voting Rights

Application has been made to the London Stock Exchange for the admission to trading on AIM of the 86,666,666 new ordinary shares in MHG due to Beia Capital as a corporate finance fee in relation to the fundraising (as detailed in the announcement on 26 June) and their admission is expected to take place on 3 August 2012.

Following the issue of these shares, the Company will have in issue 4,690,361,459 ordinary shares of 0.01p each with voting rights. The Company holds no shares in treasury. Therefore the total number of voting rights in the Company will be 4,690,361,459.

Director disclosure

The following information falls to be disclosed pursuant to rule 17 of the AIM Rules for Companies: James Holmes was a non-executive director of a non-trading investment holding company, LM Logisitics Group Limited, from 20 November 2009 to 11 March 2010, as an investor representative until it became an operating company and which went into administration in August 2010.

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...You could probably get a decent discussion going if you started a dedicated thread in the SPL board (don't start it off by having a go at people though) I bet you get a reasonably response. And what's with all the "<br>" shite ?

The SFL is full to the brim with yoofs, it's also full to the brim with solvent clubs (with one exception of course) And the club I support has produced a fair few of it's own players in recent years.

I'm going to hell now, I know it. I didn't mean to press the green button, honest. I didn't notice he was a F*lkirk supporter until I did. A big boy made me do it and ran away....

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I would, but then I've been watching the Albion too long to be anything but a realist.

And unfortunately, one of the main problems with teams like Celtic, Rangers, Hearts and Hibs etc. is as much to with the supporters as it is to do with how the clubs bring their youths on. Their supporters (like everyone who follows a football team) want success, and while they're willing to have maybe one or two young guys in the team who make the occasional mistake as they learn the ropes, they just won't tolerate their team getting humped every week.

Bah, for me, not getting humped every week is a success.

I understand that but i cringe when I hear some Killie fans

Moaning about not spending money and not investing in the team, it's a tiny minority now but there's still a few at every spl club who think someone should be throwing millions at the dressing room to appease their glory hunting desires.

For me 11 lads in a Killie strip earning a sum total of 3k a week playing a squad of Perth lads in st jays tops earning the same has the same appeal to me as last seasons squads playing each other. It's a day out, it's a bevy with mates , a sing song, some banter, some ups, some downs. Even if jim traynors Armageddon duly arrives and we ALL need to cut our cloth accordingly then we will still be around minus say 20% of the crowds

Imagine ( old firm excepted ) the spl would be like 1st div in terms of quality and crowds,

That's THE WORST that can happen.

If that happens I will still be there n accept no pish about slow lingering deaths of the game the only folk who will truly lose out are those who think it makes commercial sense to throw hundreds of thousands chasing the " dream " of a 3rd place spot in the spl

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