RANGERRAB
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Posts
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Everything posted by RANGERRAB
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When you see what Swansea City are being investigated for then you would think Celt@c havent a leg to stand on. Supporters/Shareholders in local government and government bodies selling them land at a fraction of its true value then using this land as security to get loans at the land's true value arranged by the club chairman and a director who were MPs in national government at the time. these loans were at unheard of rates of interest from a now basket case bank. You couldnt make this up could you? -
They haven't bought Green's shares then?
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Who is then?
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We just don't know. Wallace needs to clarify this situation regards funding
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In the DR interview Wallace seems to talk about adding players in the next two summer transfer windows as we go up the leagues. That will require funding. He needs to explain where that funding will come from if we're looking at cutting players salaries by 15 percent at present.
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Why would hedge funds and such like buy shares in the company that owns a football club. Surely they have easier ways of growing their investments.
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There's no doubt well need fresh investment in the not too distant future. It remains to be seen if this board can get that investment.
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Don't you mean a couple of bhoys in that bank who eventually got chucked out that bank as a result?
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I genuinely believe Wallace if he says we're not going bust but this is yet more negative publicity.Also what players would want to sign for a club who have been trying to introduce wage cuts?
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Is that why our chum Rhegan's been sniffing about lately?
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We've an unknown credit line ? Who?
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We've unknown creditors ? Find that difficult to believe
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After the 120 day business review(and whatever cuts are made) the board will go back to the institutional investors for funding. How successful that will be remains to be seen. You cannot go into administration without having creditors seeking payment
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How can we go into administration? We've no creditors
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Wonder what the relationship is like between McCoist and Wallace.Cant be great
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You mean IF we return to the top league
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Whether we like it or not this is an avenue we had to go down.Now that it has failed I hope thats the last we'll hear about it and cuts will be elsewhere hopefully starting with the £10m non playing staff wage bill.Our playing staff wage bill is about 35 percent of turnover which isnt that high.
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I've said it before and I'll say it again: players under contract will be going nowhere unless they agree to do so.Normally this involves a pay-off which I can't see happening somehow. Anything which weakens the first team squad is suicidal in my opinion.I notice as per usual we have the 'spokesman' giving out the quotes. Usually that means it's made up by lazy journalists
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Not sure I want him there next season. Possibly time for a change in the summer
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At the end of this season the board have a big decision to take regards the team manager.I hope they're up to it.
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Very interesting. Seems that the application could be made after the club has qualified for a European place and not at the start of that season on the basis that the club could get a European place if it merited one
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Not at all.I have a general dislike of all politicians
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I don't think they could not be sympathetic under such circumstances could they ?
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If we were a new club how come we didn't need to apply to the SFA for membership?(the membership of course got transferred from oldco to newco) And if we were a new club how come we got into the SFL? Wouldn't new clubs need to start out in the lower leagues?
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If Whyte's takeover is deemed fraudulent then the SFA could make a special application