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Big Rangers Administration/Liquidation Thread - All chat here!


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Here is a link to the CVA doc, is the running costs within it?

http://www.scribd.com/doc/95238319/Rangers-Cva

(had a look but I can't see it :ph34r: though I take it that is the same doc the bun fae FF used).

On phone so can't check link...someone earlier on God knows how many pages ago posted numbers foe business and water rates which were hefty and when you add in public and employee insurance policing payroll for a hundred non playing staff pitch and building maintenance contractors gas leccy tax ni vat suppliers etc its clear that business costs can't be covered let alone players wages and the three million footy debt

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Wunfi - you seem to have come across the Trading Report I was referring to - sorry I said it was a 6 month one which was obviously wrong as that would have covered to 14 August!!!! But it was that report that the RTC people were using to come up with an annual projection............just wish I could find the posts again, RTC is impossible to wade through the forum posts!

Edited by Claymores
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Yet more pish from the MSM, this time the Hootsman:

http://www.scotsman....smith-1-2450045

]Smith suggested that financial penalties, such as Rangers surrendering half their home gate, might have worked better.

LOLWIT laugh.gif

Yes - let's 'punish' Rangers for not paying their football debt by setting up a scheme where they incur football debt laugh.gifwacko.gif

I'm not suggesting they wouldn't pay it ... I'm declaring they wouldn't pay it !!

Ok Serious Answer ;)

Someone on FF pulled all the fixed costs from the CVA documents which gave true costs for running the stadium etc and worked out if we sold 25,000 season tickets then we would be able to run with a squad of average wages 2k per week

So far there are only quotes from "ticket staff" saying we have had 19k renewals, general season tickets are available from the 14th August, hopefully we can get 30,000 ST

If I am honest, this season dont worry me so much, its next season if complacency sets in, but hopefully not

I see your numbers have been rubbished later in the thread but at least you are offering something .... has anyone in the media attempted the same ?

Anyhoo, this £2k average wage - any idea what the current average wage is, I imagine it's quite high but I don't know if the 30 odd laddies we keep hearing about are on buttons like 50 bob a week !?

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Hilarity over at Rangers Media, where Charles Green's "Motivated by bigotry" comment has gone down a storm, so much so that anyone who suggests the great man may be talking pish to keep the fans onside until he can punt the club on for big bucks is getting the I Smell Catholics routine.

Not content with David Murray pulling the wool over their eyes; unsatisfied with being conned by Craig Whyte, it looks like the Buns are about to repeat their mistakes.

You have to laugh and laugh, really. That mob will Swallow, Swallow anything, if their prejudices are sufficienty pandered to.

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Are these the figures someone was looking for?

Just from some quick investigation of details Newco will have the following to Pay:

Ibrox

Business Rates = 1,916,000 * £0.458 = £877,528

Water (if not metered) = £156.16 + 1,916,000 * £0.03 = £57,636.16

Waste (if not metered) = £174.34 + 1,916,000 * £0.04976 = £95,514.50

Property drainage £1,916,000 * £0.02671 = £51,176.36

Roads drainage £1,916,000 * £0.01715 = £32,859.40

Ibrox Total Rates + Water + Sewage = £1,114,714.42

Auchenhowie

Business Rates = 598,500 * £0.458 = £274113

Water (if not metered) = £156.16 + 598,500 * £0.03 = £18111.16

Waste (if not metered) = £174.34 + 598,500 * £0.04976 = £29,955.70

Property drainage £598,500 * £0.02671 = £15985.935

Roads drainage £598,500 * £0.01715 = £10264.275

Auchenhowie Total Rates + Water + Sewage = £348,430.07

Total Rates + Water + Sewage = £1,463,144.49

Additionally, some figures that have been extrapolated (annualised) from the administrators report

Facility Costs / Repairs and Maintenance £594,480.33

Lease / Hire Purchase Payments £920,674.93

Software Licences/Trademarks £298,215.74

Merchant Services Commission/Charges £60,861.07

Medical Costs £24,836.10

Security / Policing £1,382,590.48

Refund on Policing (no old firm games) -£670,955.88

Total £2,610,702.76

There we have £4m of expenses without wages, pensions, utilities (gas, electric), hospitality etc.

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Hilarity over at Rangers Media, where Charles Green's "Motivated by bigotry" comment has gone down a storm, so much so that anyone who suggests the great man may be talking pish to keep the fans onside until he can punt the club on for big bucks is getting the I Smell Catholics routine.

Not content with David Murray pulling the wool over their eyes; unsatisfied with being conned by Craig Whyte, it looks like the Buns are about to repeat their mistakes.

You have to laugh and laugh, really. That mob will Swallow, Swallow anything, if their prejudices are sufficienty pandered to.

I fully agree.

However Celtic fans do the exact same over Neil Lennon.

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Fuel Costs

97 Where do they buy their petrol?

Yeh, that stood out to me too.

I can only guess that the bus costs etc are within the 'hire' and the £97 is for the petrol to torch Ibrox for the insurance when it goes tits up for Green.

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Tried a VPN before but it gave other problems.

Just tried another from Cnet. Didn't even get Mr Shoutyman.

Tried radioplayer, Shoutyman was waiting for me.

Thanks for your response.

Otherwise the app TuneIn Radio is good. Usually works fine and the pay version lets you record programmes.

At the moment only some BBC stations stream without the guy with the annoyng voice. Must be Olympic broadcast rights or something that blocks foreign IPs.

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ReichMedia saying that Beattie was offered a poor contract so didn't sign.

So much for being a Rangers man. Beattie just loves the cash.

That's actually a little blessing in disguise - not cause he wouldn't have done a job cause he quite clearly would have but because they quite clearly DO NOT FECKIN NEED HIM !!!

Spending mega bucks in the Third, even if Beattie considers it poor, is f'kin madness !!!!!

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Many times in recent weeks I have drawn attention to the

idiots over on Orcmedia, so it's only fair to report that

there is a thread wishing Petrov well. Not all cretins then.

But just to add a bit of humour, this, from some headcase

'commenting' in the Hootsmon, if I may.

boweserr

Saturday, August 4, 2012 at 10:40 AM

Very sensible comments from Walter and wee Gordy. Currently, we, the great Rangers throng are organizing 1 - A list of SPL team sponsors. We will splatter this list all over the net. We will ask all fine Gers fans and their families to spread this list around and ask our worldwide fan base to boycott they companies. 2 - We will also publish the businesses of SPL club directors and do the same with that list. 3 - We will publish SPL teams share price daily and work hard to drive the aforesaid into the ground. 4 - We will do the same with sponsors of the national game. 5 - We will encourage fellow fans worldwide to buy Rangers merchandise via the Gers website. 6 - We will encourage Mr. Green to go live with another version of the Rangers Pools that can be sold via the Gers website and again we can make millions of pounds worldwide from this. 7 - We will encourage Mr. Green to sell shares to fans and the likes of ex-players. We will raise millions doing this and this money can be kept until we get back in the SPL and then spent on players. 8 - We will demand that Rangers and it's players take NOTHING to do with the national team. 9 - And that Rangers do not do any kind of business with SPL teams. And when we return to the SPL we want a large flute band leading the bus to the doors of Ibrox and we will sing our traditional songs for all to hear. NOTHING will change. And all the key board cowboys (pensioners and so on) will realize that the idea of trying to socially engineer us via the internet was a hilarious idea. So they thought they could engineer the Orange Order? A high percentage of Gers supporters are either Orangemen or Masons. And they thought they could engineer us by using multiple names on websites and so on? God Speed Rangers and their fans worldwide.

Apologies if clogging up the thread but it's very quiet. Which is a good thing as it means lots of folk were at the fitba'.:)

And are now probably in the pub :(

Edited by cyderspaceman
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:blink: So they need to sell 16,000 season tickets before even talking about wages? They are fucked.

16,000 at last seasons season ticket prices = over 20,000 season tickets this season with the lower prices. laugh.gif

Just to pay their operating costs for Ibrox and Murray Park ... Yes, i think it is safe to say that.

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