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26th October 2009, 3:32pm
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#16 | | El Chupa Libre
Join Date: Apr 2005 Location: A Strange Bed
Posts: 31,564
| Re: Rangers heading to administration?
You'll no get Rangers strips in a nike shop 'cause Umbro make their tops. 
But aye, you do see more Celtic merch in the states, generally.
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26th October 2009, 3:39pm
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#17 | | ShakingTheDisease SuperMod
Join Date: Sep 2002 Location: Ptolomea
Posts: 23,512
| Re: Rangers heading to administration?
hahahahaha, that hadn't ever occurred to me! duh.
wasn't just nike stuff on sale though i'm sure - all the american & canadian teams' clobber wasn't made by them...
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26th October 2009, 3:57pm
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#18 | | Registered User
Join Date: Jun 2001
Posts: 28,494
| Re: Rangers heading to administration?
I don't want Rangers to go under - them losing their best players and fighting for a top 6 spot would be comedy enough. | |
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26th October 2009, 4:59pm
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#19 | | Vibrouk2003
Join Date: Aug 2003 Location: The same place
Posts: 20,225
| Re: Rangers heading to administration?
Na me neither. Can you Imagine if the big game of the season was against hibs, See this Lloyds are still owned 43% by the tax payer is pish we have paid most of it back now. But they have been reducing costs left right and center to cover the debt from buying HBOS. So doubt ti will be administration but the bank wont think twice about selling the clubs assets, basically the players.
I mean how much would rangers first 11 come to in total. You might struggle to pay off the debt. | |
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26th October 2009, 6:08pm
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#20 | | El Chupa Libre
Join Date: Apr 2005 Location: A Strange Bed
Posts: 31,564
| Re: Rangers heading to administration?
Rangers can't pay off their debt if they sold the entire first team.
I want to see Rangers dealt with the exact same way Celtic were, when we were in a similar position.
The phone-in should be a belter tonight btw.
There will be journos who STILL wont have a bad word said about Rangers.
I expect the new Chairman will be stepping down soon, it was only a week ago he said the banks weren't involved with Rangers.
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26th October 2009, 8:16pm
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#21 | | He's awright.
Join Date: Aug 2004 Location: Glasgow.
Posts: 17,250
| Re: Rangers heading to administration?
Apperently someone has put a bid in to buy us. Quote:
THE Board of Directors of The Rangers Football Club plc ("Club") is aware of the recent speculation and various comments in the media over the weekend.
The Club's board has been advised by its principal shareholder, Murray International Holdings Limited ("MIH"), that it is considering options regarding its shareholding in the Club and this may or may not lead to MIH disposing of some or all of its stake in the Club to a third party.
These considerations are still at an early stage and may or may not lead to any offer for the issued shares of the Club.
The directors of the Club will keep shareholders advised of key developments.
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the Club announces that, as at the close of business on 26 October 2009, it has issued share capital of £10,879,150.
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26th October 2009, 8:17pm
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#22 | | Vibrouk2003
Join Date: Aug 2003 Location: The same place
Posts: 20,225
| Re: Rangers heading to administration?
Aye i had a spare tenner in my pocket.  | |
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26th October 2009, 8:19pm
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#23 | | Kingpun
Join Date: Nov 2002 Location: Abergreen
Posts: 16,828
| Re: Rangers heading to administration?
I get paid on Thursday, I'll chip in.
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26th October 2009, 8:44pm
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#24 | | The man from Del Monte
Join Date: Mar 2004 Location: The Plantation
Posts: 9,755
| Re: Rangers heading to administration?
Quote:
Originally Posted by Westy  Apperently someone has put a bid in to buy us. | And the identity of this mystery buyer is: 
__________________ Quote:
Originally Posted by MarkMono sometimes the underdog is the underdog because he's too stupid to be anything else or even be able to recognise the fact that he's the underdog. | | |
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26th October 2009, 8:52pm
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#25 | | Registered User
Join Date: Sep 2003
Posts: 7,180
| Re: Rangers heading to administration?
I wouldn't mind if Tesco bought us, plenty of £££!
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26th October 2009, 9:04pm
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#26 | | ShakingTheDisease SuperMod
Join Date: Sep 2002 Location: Ptolomea
Posts: 23,512
| Re: Rangers heading to administration?
i was trying to sort an outfit for hallowe'en, so i bid £30 for a "mickey mouse outfit" on ebay.
turns out i'm half an hour away from winning rangers fc!
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26th October 2009, 9:09pm
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#27 | | Registered User
Join Date: Sep 2003
Posts: 7,180
| Re: Rangers heading to administration?
Quote:
Originally Posted by djtoast i was trying to sort an outfit for hallowe'en, so i bid £30 for a "mickey mouse outfit" on ebay.
turns out i'm half an hour away from winning rangers fc! | 
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26th October 2009, 9:10pm
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#28 | | El Chupa Libre
Join Date: Apr 2005 Location: A Strange Bed
Posts: 31,564
| Re: Rangers heading to administration?
Quote:
Originally Posted by Westy Apperently someone has put a bid in to buy us. | Dave King, who is still under investigation for fraud, who has had some of his assets frozen. Has supposedly made a "Fergus McCann" style offer for Rangers.
I.e £1 for the club and he'll take on the debt.
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26th October 2009, 9:11pm
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#29 | | Registered User
Join Date: Sep 2003
Posts: 7,180
| Re: Rangers heading to administration?
I really have no idea how much a football club is worth - how do you measure that?
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26th October 2009, 9:14pm
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#30 | | El Chupa Libre
Join Date: Apr 2005 Location: A Strange Bed
Posts: 31,564
| Re: Rangers heading to administration?
Quote:
Originally Posted by Rosco I really have no idea how much a football club is worth - how do you measure that? | The same way you'd measure any business I'd imagine.
Assets - Players, Stadium, Murray Park (which is owned by a 3rd company I'm sure)
Cashflow and comparisons with others in the sector.
What something is worth and what someone will pay for it are two different things though.
MIH for example have about 100's of millions invested in Rangers, then there is the debt, then there is the value of the club which the bank have placed at 30Million. (this is all in the paper today btw).
I doubt very much if someone would be willing to pay 100's of millions of pounds for what is a club on it's knees though.
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