ComeOffit

There's nothing embarrassing at all about disputing a payment whether you win or not, the only embarrassment would be if it couldn't be paid.

Without the share issue, we couldn't pay it. Kinda explains the rush now. Wonder what other debts we might have in the shadows.

We always knew some investment was in the form of loans.

lol, ok then. That's not what "confidential" means where I come from. The terms of the newco route were never known to anyone, apart from green and D&P.

ah last June's payroll. something else taken of the value of the blue knights bid to make sure green got us by his mates.

Give it another 6 months and the penny will finally drop with the majority, hopefully.

Actually I don't think he ever said he was personally paying it, just that his people were.

Can't be arsed to go digging for his old soundbites, but an external company are hardly "his people".

It says that they were used to pay last Junes payroll also. Something that green said he was paying. He did of course, with someone elses dough. Ours. Saying we have no external debt and then this crops up is another thing that needs explaining. No wonder we are making a loss and can't buy anyone. How many more skeletons are in the closet.

if we cannot afford £400k in one go then its a huge worry.

It looks like the £400k is just a percentage of the bill, and some has already been paid. The question is, how much have we actually paid them, and why is this the first they have even been mentioned. It smells almost like another Ticketus situation, where they have used an outside company to pay wages and seek investors, and ultimately it's all paid for by the support. Why were they not mentioned in the prospectus for the share issue? Maybe I missed it.

Obvious bullshit story. The club has no "external" debt, we were told. Even if it is true, how can this be the clubs debt? It looks like a service offered to green and co before they even bought the club.

Absolute pantomine.

It takes a fair bit of power to make a loan of £200k for a few weeks, get £178k back + a £50k arrangement fee and get the remaining £22k converted into 2.2 million shares worth £1.54m at the float price,

It takes power to achieve it, but sheer genius to have 99% of the people to accept it as "normal" practice. We effectively paid him around 30k to become a millionaire, according to those maths.

Well I disagree, I believe it's as Green says it is, widespread ownership. Some folk just don't fancy the public eye, I doubt I would.

It certainly looks that way on the surface, but upon closer inspection, a large chunk of shares have been kept with the original "saviours".

Yes it is.

I assume we have lost any voting rights we may have had, so are therefore present at this "jolly" in a watching brief only.

Naturally I don't agree, the shares seem too widespread for someone to hold ultimate power.

Green, Imram and bluepitch combined have a significant hold on the shares, and assuming they are all in cahoots, that's a considerable chunk of any votes. Almost 30% at a guess. Add in a few more of the original investors, who may or may not be independent, then one man could have control of up to 50%. I'm speculating of course, but I'm convinced there is a single man behind it all, and it's not charles.

I didn't feel the Imran Ahmed discussion was relevant to the hopping the globe topic but fair enough.

Imran slips under everyones radar, and he probably holds the most power. Probably even more than green. It's just that green is the public face.

Folks we won't be creating a generic Charles Green thread and we won't be outlawing general discussion about Charles Green and the new owners when it's relevant to the thread it's posted in.

Even if a few zoomers complain via pm?:devil:

I subscribe to RangerTV, and the stream is CONSIDERABLY better that the free-type ones!!!

 

For fans abroad, it's probably not too much of an outlay to see their team play. If CG can convince more of them to subscribe then it all benefits the club long term!!!

Fair enough if it works for you. I just have real issues about paying for "internet streams" to watch football. The money goes to the "club", so I suppose it's not wasted.

Well if every Green thread has to develop into the same old then I think we should have a generic one like GS suggests.

 

If you want to be more accurate it can be 'The Charles Green and general ownership thread'.

I would prefer a "green is at it" title, but yours would work also.

Yes they do. Every game is streamed live for customers outside the UK & ROI. Every game's also available to them on demand if they can't catch the live program.

Ah, I wasn't sure.

I was under the impression that all games were available live to overseas subscribers....it's only us in the UK that have to watch them delayed (or the odd Pay per view...)

You could be right....but it's still a lot, even if you get every game live. It is only a computer stream, after all, which most people can get for free, and probably better quality.

How is any of what's being discussed right now got to do with him meeting fans in Australia?

There's only so much you can say about that. Green's going to oz, brilliant. watp

A single Rangers tv subscription to the full unlimited package which is what fans in Oz and around the world are likely to buy costs $300. Our very own Craig who lives in Bermuda subscribes to it and regards it as an online season ticket. What I'm suggesting is that Charles Green only needs to persuade a small handful of fans overseas to stop using pirate streams and start paying for Rangers tv in order to cover any expenses for his trips.

Seems an awful lot considering they don't screen every game live. I take your point about it maybe covering his expenses, but I doubt that's the reason for him going.

Anyway, that's another thread derailed. Well done those who aimed for that.

By derailed, you mean it didn't go the way you wanted it to. Shall we just post undying praise for chucky in future, just so you dont start crying again?

Perhaps we'll find out at the same time we find out why he's not a director of the plc.

So, when the shit hits the fan, or never, then.

By including us at the meeting as one of the founding clubs, ECA are recognising we are the same club as before. They could have snubbed us due to our lowly status but have treated us with respect. For me this is not insignificant.

Is that why they have made us "associate" members then? Out of respect.

Don't forget our non-board £350k per annum (+ 100% bonus, the terms of are only known by his cronies) Commercial Director who is the one who pulls the strings.

The question is, who is his master?

What was false in that? Green's role is huge of course but it isn't so imperative we can't do without him in the country for a few days.

The puppets can't act without the master pulling the strings. Is that not obvious?

He doesn't run the club on his own you know, there's a chairman, a financial director etc.

lol, ok then.