Jim White 0 Posted April 30, 2010 Share Posted April 30, 2010 Sir David Murray says it would be in the best interests for all that Rangers are sold sooner rather than later. More... 0 Quote Link to post Share on other sites More sharing options...
Stefanovitch 0 Posted April 30, 2010 Share Posted April 30, 2010 The sooner a deal is concluded the best it will be for all, he told the Scotsman. A buyer would pay a figure to buy a debt-free club. Rangers are in a much-improved position. I challenge anyone to disagree with that. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,247 Posted April 30, 2010 Share Posted April 30, 2010 Sir David Murray says it would be in the best interests for all that Rangers are sold sooner rather than later. More... no shit sherlock 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted April 30, 2010 Share Posted April 30, 2010 "A buyer would pay a figure to buy a debt-free club. Rangers are in a much-improved position." Does this mean the figure would be whatever the debt is at the time. 0 Quote Link to post Share on other sites More sharing options...
Stefanovitch 0 Posted April 30, 2010 Share Posted April 30, 2010 "A buyer would pay a figure to buy a debt-free club. Rangers are in a much-improved position." Does this mean the figure would be whatever the debt is at the time. Presumably so + any fee Murray manages to obtain for the transfer of his shares. If the debt is �£25m and Murray recoups his initial outlay of �£6m then the fee should be �£31m. However, be warned it is season ticket renewal time and Murray comes out around this time with a rallying cry - this years effort is new owner(s). 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted April 30, 2010 Share Posted April 30, 2010 Presumably so + any fee Murray manages to obtain for the transfer of his shares. If the debt is �£25m and Murray recoups his initial outlay of �£6m then the fee should be �£31m. However, be warned it is season ticket renewal time and Murray comes out around this time with a rallying cry - this years effort is new owner(s). Then it would benefit any potential buyer to wait 6 months, until the debt was lower. Unless there was another buyer on the scene. 0 Quote Link to post Share on other sites More sharing options...
calscot 0 Posted April 30, 2010 Share Posted April 30, 2010 To me, the club must be worth a fixed amount - say 31M. If the debt goes down then Murray pockets the rest. Say the debt was paid off, the club would obviously be worth more than �£6M. In fact, I think the club is probably worth nearer 60M - but due to the banks being idiots, causing a collapse, the resultant recession and Loyds taking it out on our club, combined with Murrays empire being in deep doggy doo-doo, the price is a bargain at the moment. Another factors keeping it low is the uncertainty in Scottish football due to our now relative paucity compared to England and other countries in Europe. Right now Rangers are a rock bottom bargain, which begs the question why potential buyers are prevaricating...? 0 Quote Link to post Share on other sites More sharing options...
calscot 0 Posted April 30, 2010 Share Posted April 30, 2010 PS Seems like a great time for fans to take ownership of the club - it will never be cheaper and in a football anomaly we'd probably all make money on our shares... 0 Quote Link to post Share on other sites More sharing options...
gisabeer 409 Posted April 30, 2010 Share Posted April 30, 2010 PS Seems like a great time for fans to take ownership of the club - it will never be cheaper and in a football anomaly we'd probably all make money on our shares... Im suprised those in the boardroom havent actually taken this route themelves. seems the logical thing to do. 0 Quote Link to post Share on other sites More sharing options...
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