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reaper

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Posts posted by reaper

  1. The problem is that it would be very easy for the board of a football club to run it as a successful, profitable business in a completely legal and financially sensible manner without it being particularly successful on the park. Too much short-term profiteering drains a club's resources. I hope Green and his investors aren't going to do that, but I have no way of knowing that they won't. We need some people at the top who are willing to forgo the fast buck in favour of the future of the club - hence the desire by some for "rangers men".

     

    In the dark days of JG real Rangers men voted with their feet, somehow I don't think today's vintage is made of the same stuff.

  2. The real Rangers men that you are so dismissive of, did offer for the Club, Zeus consortium offered a little more, though it is arguable that when you take into account all the different factors in the deal, there wasn't a lot in it. I'm pretty sure that they wouldn't be pulling all the money out of the club that Green and his associates are. Perhaps Green's greatest (only?) victory is in the field of propaganda - he has been able to damage the reputation of the rival bidders.

     

    We also now know that no one else but Green was going to get the Club, if a CVA had been successful Whyte was not going to deal with anyone else but Green and his group.

     

    Maybe you posted twice just to ensure you got the party line across, "real Rangers" men my arse.

  3. Surely there must be a point when you would consider the profits being made too high though. What do you think is an acceptable figure, and what would the absolute upper limit be?

     

    I have no idea about acceptable limits boards are paid to make those decisions and regulatory bodies to oversee sharp practice and take action on any such profiteering, far to many people are looking to their own agendas which involve "real Rangers" men as they see it, me I will roll with it as it is.

     

    After all this story was widely reported a month ago why the sudden dramatisation of events, boards change every day in business for a multitude of reasons not all good not all bad.

  4. I think your right about the real rangers men. Aren't you concerned about the various people / investment groups taking profit out of the club though?

     

    No, I am more than happy that I/we still have a club to support with little thanks to "real Rangers" men and more than a little to Charles Green, if Green and his men are making money and we continue to get back on the right footing it is a price worth paying and no different to any other business that was rescued from the straits we were in.

  5. What do you make of it? Long-term, I mean.

     

    Personally and I may be wrong, I think there is as much chance of seeing "real Rangers" men whatever that is or whoever they are supposed to be owning the club in the foreseeable future.

     

    Green done the deal when these "real Rangers" men were spouting cheap talk and little else, I think Charles will return to the helm at sometime, he is certainly making a good job of controlling matters from outwith.

     

    We the fans missed the chance to own our own club because of divisive fan bodies and self seeking blazer hunters, I doubt that opportunity will ever arise again.

  6. But unlike the paragraphs above and below that doesn't relate specifically to the warrants does it?

     

     

    That will be the 1% or perhaps you allude to some nefarious shenanigans plotted by Cenkos to affect control of Rangers, you don't think Daniel Stewart and Company:eek2: are complicit as well do you, drama at its worst or even best.

  7. Try reading the f*&king prospectus.

     

    Cenkos have warrants entitling them to purchase 1% of RIFC at a strike price of the issue price + 10% i.e 77p.

     

    It doesn't take Einstein to fathom Cenkos are not going to pay a premium of 50% to purchase shares in RIFC.

     

    I did where do you think the six month reference that you avoided came from, 1% you are a drama queen. :thup:

  8. It would be prudent and helpful to have knowledge of such options held by Cenkos they must be noted and regulated somewhere, also the significance of the six month agreement in the IPO.

     

    "The Company and Cenkos

    Securities have entered into orderly market agreements with certain other

    Shareholders for a period of 6 months from Admission"

  9. Can I ask a few of questions that I'm finding a bit ambiguous in the arguments? So were the fans right or wrong to invest in the IPO and buy season tickets? How CAN they stop the money being taken out of the club? What have the less naive supporters done to help the situation?

     

    The alternative of not doing so would not have been something pleasant to contemplate.

  10. The name Rangers Football Club, Ibrox Stadium, Auchenhowie, millions of fans worldwide, almost a century and a half of glorious history, a standard and tradition which may not be there now, but which i have grown up with etc etc. Things that no one individual can take from us or give us that make us who we are. It's a collective success and growth which is ever present and constant(material aspects apart). That is what i buy into, not some individual spouting his mouth off about things he has no clue about with respect to Super Ally, he is and has been out of his depth for the last few years. I don't go to games because he is manager or has had a nice piece of verbal in the press, i go to games because i love my club and i support my club no matter the individuals within.

     

    Maybe he didn't know what or whom Bill Struth referred to in his famous quote about The Rangers.

  11. Your three statements are erroneous, fallacious and irrelevant in that order - and rather than defending your position with reasoned argument, as I have done in my defense of McCoist, you simply ascribe invented viewpoints to me.

     

    You've stated that you can differentiate between the club and individuals. You've stated that you were supporting 'the club' regardless of who was in charge. I'll ask again; who or what was it you were supporting and how did that support manifest itself?

     

    Best leave you to your own world, if you don't like the answer tough shit that is if you are able to understand it.

  12. We were warned about Whyte, but most refused to believe the warnings. FFS a judge called him a liar yet was ignored.

     

    We want to believe everything at Ibrox is rosy, and woe betide anybody who says otherwise.

     

     

    Craig Whyte has been criticised by a sheriff for giving "wholly unreliable" evidence during a court case over an outstanding debt.

     

    How does that roll with King being called by a judge (king that some are still proposing as a saviour) ; Southwood said the court had seen King testify for four days and “are unanimous in finding that he is a mendacious witness whose evidence should not be accepted on any issue unless it is support by documents and other objective evidence”.

     

    “It was remarkable that King showed no sign of embarrassment or any emotion when he conceded that he had lied to the (Sars) commissioner in a number of his income tax returns. In our assessment, he is a glib and shameless liar.”

  13. You do know they're (or perhaps now were) sitting with a pile of warrants for RIFC shares and that for a company to list its' shares on AIM it must have a NOMAD or are simple things like facts beyond the scope of your comprehension?

     

    I sense your arguments beginning to unravel at the seams with your rather facile retort perhaps it is your comprehension that matters are beyond the scope of, facts like the sources you never divulge leak to you, must be a feeling of uber importance to have mcgobblegiver on the same fact sheet.

  14. Ignoring the wet dreams of 3 names, Fullerton and their ilk is exactly why we are in the position we are today. The scum were goosed, toiling with over £30m of debt when you add Lennoxtown, preference shares etc to their shambolic company. And they could not shift our grasp on the title even as Walter worked with one hand tied behind his back and hopping on one leg. But their plan was working.

     

    We watched as Dr Death employed the CE of the SFA & the SPL to work soley against us. We continued to ignore all of them and stick our head in the pit. And it all came together in the end and they now have a free run at the title and any financial benefits attached for at least a 5 year period. Job done, scum saved and we are where we are. Your divine revelation never came into it.

     

    But you are correct, let us forget about this cenkos stuff and the crap being peddled about them and the speculation that they are not happy with the goings on with zeus and are using the excuse of Easdale to cut their ties.

    Unless it appears on the LSE RIFC announcements.

     

    What ties the obvious apart which was advisory;

     

    "Cenkos acted as nominated adviser and broker to Rangers International Football Club plc on its initial public offering on AIM and placing/public offer to raise £22.2 million"

  15. in which case, you'll have no difficulty answering the question I put to you:

    "When you say "support the club" who or what were you supporting? "

    You are obviously unaware that the club is a living entity as encompassed by our unbroken history/longevity, I can't be held accountable for your inability to accept support for the club over your preferred individual, no one is bigger than the club it is that simple.

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