BrahimHemdani
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Everything posted by BrahimHemdani
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Good point! but apparently confidence abounds http://www.express.co.uk/sport/football/484030/Sponsors-lining-up-on-the-eve-of-new-SPFL-dawn
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I'll certainly do my best, at least I understand the word "probably". Let me try another tack. When and under what circumstances, having due regard to the current board and shareholder make up, would you expect to see Mr King invest his £30m and the other £20m he said he could find elsewhere?
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I don't necessarily agree with that figure but for arguments sake if we can stay debt free at the end of this season then I would expect about half to come from ST sales.
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Perhaps not but if they are in the top four with Hearts, the sponsors will be drooling at the possibility of Hearts v Hibs play-offs; although the prospect might not thrill Edinburgh's finest.
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I suspect that discussions at Liverpool are along the lines of can we sue him if he gets a domestic suspension and/or we are forced to sell him (a la Chelsea and Mutu) -
Extremely difficult but FIFA have a tariff for spitting which is a minimum 6 match ban, so it would surely have to be in excess of that. If I was on the committee I would take the view that the "crime" is exacerbated by his attempt to feign injury to the face in order to avoid punishment. I would add at least 50% to whatever number I first thought of for that. So let's say at least 6+3 for that but could easily be 12+6; perhaps 12 matches or 12 months at least out of international football. On the other hand, whilst FIFA can extend any ban to domestic football I am not sure if they can take his domestic disciplinary record into account. If they do, then he's in real trouble because with 17 games over two suspensions for biting plus the 10 games for racially abusing Manchester United's Patrice Evra; he's got 27 matches over three incidents to be taken into account and there may have been other offences as well. In that case, he has to be looking at something in excess of a year, possibly two, which is the maximum. If I was on the FIFA Committee I would give him the two years and let him take it to appeal and see how he gets on.
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Wouldn't taken great issue with any of that. However a more competitive league and especially games v Hearts and Hibs will, I believe, bring out more spectators than watching the likes of Arbroath second time around. Equally there will be some games that will not draw much more than 25/30,000. However, if we are in a top of the table clash with either of the Edinburgh teams, would you bet against a full or near full house? I don't expect us to run away with this division, certainly not before Christmas, and the closer it is the higher the attendances will be.
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I was tempted top add a line like that to #161. I expect the Board to do everything they possibly can to get through this season without a new share issue because then, as you suggest, it will be a new ball game. King must know that if he doesn't act before then his chances of ownership will have dropped dramatically, Ibrox 1972 Ltd will be history, I would expect ST renewals at or above previous levels and much increased corporate sales for our return to the SPL, the path to Europe and the first old firm games for 4 years.
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I'll certainly keep challenging your blind faith in Mr King and his £30/50m.
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It's so much more satisfying to engage with a reasoned and knowledgeable argument. Laxey underwriting it is a fair shout. I think you are suggesting they might not issue all 43m shares, perhaps 32.5m to go for a 1 for 2? Though I don't see the point of holding back 10m or so with the expenses of issuing them later. They need all the money they can get asap. As to a new issue, again perhaps, you may well be right. But I believe the ST renewals will be up to 20,000 -25,000 by the start of the season and then if say 10,000 - 15,000 come along game to game that would be an income of around £500,000/month so it would all depend on commercial income etc. If various parties have been talking up the share price then it's working because it is now back to 30p. Every penny extra that they can get for the rights issue is £430,000 to the coffers.
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Scottish FA pays tribute to David Taylor
BrahimHemdani replied to ian1964's topic in General Football Chat
I think that in this thread you might have been better to leave it at your first sentence and reserve your other comments about the SFA for another time and place. David Taylor "successfully lobbied for more teams to qualify for the European Championships Finals - unashamedly to help Scotland and other smaller nations have a better chance of qualification." He did more to put Scotland on the map at a time when our national team was not exactly setting the heather on fire. The fact that he was head-hunted by Platini speaks volumes. -
Fair enough they could if others were willing to sell their rights. But if you were Laxey, Artemis, R&M, HH or BP (who apparently want to increase their stake) would you sell rights or take the opportunity to significantly average down the price of your holdings at the same time as avoiding dilution of your interests? After all, we're not exactly talking big money here as institutions go. The only one who would have to spend more than a million would be Laxey.
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Certainly should be; but don't count on it.
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The Second Semi Annual Gersnet Dinner
BrahimHemdani replied to BrahimHemdani's topic in Rangers Chat
Evening bump! Come on guys please vote. -
Can you be specific about what you think they might do that would be "dodgy"? I believe they can be selective though I don't know the rules.
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How would any existing investor get more control from a rights issue unless they underwrote it and picked up shares that were not taken up.
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I bow to your expertise; could he do it through one of his many companies, if so presumably it would have to be one registered in the UK?
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What she would do for a snickers.
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Boumsong is 34 and hasn't played since his contract was up at Panathinaikos at the end of 2012/13. Not a step forward. Hutton is still with Villa for another season and as was seen when he had the chance to go to Mallorca permanently, money is uppermost on his mind. Perhaps next season when he's a free agent and still only 30. You have to hope we've been in touch with Cuellar; he's a free agent now and only 32. Bit injury prone, only played 94 league games for Villa in 4 seasons and 30 for Sunderland in 3 seasons; but would be easily better than anything else we have or are likely to have. Money would be an issue of course but it would give him an opportunity to make good on his statements in 2008 "I want to stay at Rangers for life." and "When I told Martin Bain on Sunday that I wanted to leave, I did so with sadness. The Rangers supporters have been fantastic to me, but I am young and want to play at the highest level and I hope they will always welcome me back. I want to thank them for everything." And an opportunity to take Rangers back to the top.
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Hearts Sign Goalkeeper Neil Alexander
BrahimHemdani replied to ian1964's topic in General Football Chat
Nor would you have been on £15,000/week to play in the 4th Division. -
How do you work that out?
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Yes that's true BD. I forgot that as I have mentioned before 2 for 3 is more likely given 65.10m in issue and 43.4m unissued. So IF Mr King was willing and able to buy 10% of the rights issue that would represent 4% of the Club.
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This will be a rights issue, RAB, which means that even if he underwrites it, he will only be able to buy shares not taken up by existing shareholders. If all the institutions take up their rights but none of the individual shareholders then that would be about 12%, which would leave him with 6% of the Club. The non take up has been variously estimated at 10%-20, giving him say 5%-10%. That would only cost about £1m - £2m, petty cash to him apparently. But you are correct to say that if he at least came out publicly and said he would buy any shares not taken up (and I believe he may have done that in that past, no doubt GS will confirm) then he would put some pressure on the Board to allow him to underwrite the offer.
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Me too: "probably" and he doesn't say in that quote how much or when. However, moving on; "if no other investors come forward." He doesn't say "new investors", so assuming some, most or all of the exisitng investors take up their rights in August, that would be him off the hook then wouldn't it?
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Celtic will be seeded all the way through the qualifiers (if they make it past Reykjavik) but there are some tough hurdles in the 3rd Round non seeded group: Malmö FF and NK Maribor! Legia Warsaw, Partizan Belgrade, Slovan Bratislava, AaB Aalborg (who knocked them out via two terrible misses by Samaras and that Caldwell og in 2008), and possibly Dinamo Zagreb & Sparta Prague in the Play-off Round.