pete 2,499 Posted April 9, 2012 Share Posted April 9, 2012 I would certainly be prepared to join a RFC club but paying 1000 pound for a share is not something that excites me. I don't care about having a vote to be honest I would just be proud to be a part of Rangers. If we can afford to lose supporters money who cannot afford 1000 pound then I think it is an unfortunate development. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,151 Posted April 9, 2012 Author Share Posted April 9, 2012 I believe that we are talking about personal guarantees at least to some extent, rather than actual investment, which is what bothers me so much about how the BK's deal appears to be structured. Do you think Ticketus would accept personal guarantees given what has happened with Whyte? I'm not so sure. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted April 9, 2012 Share Posted April 9, 2012 Which is exactly why they are willing to do a deal. Undoubtedly, but could we survive long enough to have the court decide. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 9, 2012 Share Posted April 9, 2012 Do you think Ticketus would accept personal guarantees given what has happened with Whyte? I'm not so sure. Yes I do provided that they were CERTAIN that the people involved were not men of straw, realistically what other choice do they have? Given that they are down £17M-£27M right now, why would they lend another £10M; answer it looks like the best deal they can get. I think I am correct in saying that whilst there was to be no interest on the original "debt" the same does not apply to the proposed new borrowings. Even if secured by personal guarantees it's hard to see that being at anything less than say Base + 5%, quite conceivably a lot more; no doubt someone will correct me if I am wrong. :surprised: 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 9, 2012 Share Posted April 9, 2012 Undoubtedly, but could we survive long enough to have the court decide. For reasons previously stated, Forlan, just can't see them taking this to court. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted April 9, 2012 Share Posted April 9, 2012 Does Bill Gates tell everyone what his plans are? Microsoft are not doing too bad. Bill Gates v Craig Whyte 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted April 9, 2012 Share Posted April 9, 2012 Bill Gates v Craig Whyte The point is what should be told and what shouldn't. I personally don't think that you should share all information with everyone, it is not good business practise. I really don't understand why anyone thinks anyone should. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 9, 2012 Share Posted April 9, 2012 I would certainly be prepared to join a RFC club but paying 1000 pound for a share is not something that excites me. I don't care about having a vote to be honest I would just be proud to be a part of Rangers. If we can afford to lose supporters money who cannot afford 1000 pound then I think it is an unfortunate development. In my personal opinion an RFC Club with benefits such as season ticket discounts, discounts on merchandise etc etc stands much more chance than a new share issue. Don't forget that when Fergus did it for Celtic they only had a few hundred shareholders and the fans saw it as away of saving their Club and getting a say in how it was run. Rangers have approx. 17,000 shareholders, albeit the shares are worthless. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted April 9, 2012 Share Posted April 9, 2012 Drastic wage cuts need to be made within the playing squad as there is no way we should be forking out £20k+ per week to SPL standard players. Winning the league would still be a possibility if bringing in good, young players, but if it isn't an instant success, crowds will fall away and any proposed share issue would be a non-starter unless TBK are prepared to underwrite it themselves. Even if you put doing a deal with Ticketus on Whyte's previous borrowing from them to the side and forget about it for a moment, if The Blue Knights could underwrite a share issue in the very near future I don't see why they would need to be borrowing a large sum of "working capital" from Ticketus that could potentially be used up extremely quickly. Are they prepared to secure the NEW Ticketus borrowing with the major club assets based on a business plan that basically involves the fans paying back the money? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,151 Posted April 10, 2012 Author Share Posted April 10, 2012 RST Twitter account now saying loan security may be based on assets? Does this mean club assets such as the stadium or training ground? Don't fancy the mortgage route. 0 Quote Link to post Share on other sites More sharing options...
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