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Traynor- Posturing Rangers Businessmen


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Why is Zeus Capital, a London bank buying Rangers, when Lloyds could not get shot of us quickly enough?

 

Lloyds, due to the banking crisis during which they required pounds 9bn in government help, saw one of the few opportunities to rake in some debts. A drop given their size, but a drop nonetheless.

 

Zeus ... well, just imagine, for a fleeting second, that UEFA and Platini get their wish and solely want clubs living within their means competing in Europe in years to come (sporting integrity springs to mind, the tax abuse the Spanish clubs happily do, the "cheating" of the English with oil and ludicrous TV money), they (Zeus that is) snatch themselves a club for essentially very little money and investment, a good chance (in years to come) to participate in Europe while living within its means, a club that not to long ago reached a European Cup final. Well ...

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Why is Zeus Capital, a London bank buying Rangers, when Lloyds could not get shot of us quickly enough?

 

Lloyds, due to the banking crisis during which they required pounds 9bn in government help, saw one of the few opportunities to rake in some debts. A drop given their size, but a drop nonetheless.

 

Zeus ... well, just imagine, for a fleeting second, that UEFA and Platini get their wish and solely want clubs living within their means competing in Europe in years to come (sporting integrity springs to mind, the tax abuse the Spanish clubs happily do, the "cheating" of the English with oil and ludicrous TV money), they (Zeus that is) snatch themselves a club for essentially very little money and investment, a good chance (in years to come) to participate in Europe while living within its means, a club that not to long ago reached a European Cup final. Well ...

 

Well what?

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Guest Oso de Campo

Zeus have taken an equity stake in Rangers, with the hope that they will get a good return on their capital.

 

Its not the business of a high street bank like Lloyds TSB to do that, least of all a government owned one. They lend money.

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Well what?

 

Well, for that fleeting second imagine how many clubs - big and small - will fulfill UEFA guidelines, and who would not? Reality may see it turn out differently, not least given the power of the big guns. But there is sure a reason why Zeus Capital is looking for a long term investment here and not somewhere else.

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Well, for that fleeting second imagine how many clubs - big and small - will fulfill UEFA guidelines, and who would not? Reality may see it turn out differently, not least given the power of the big guns. But there is sure a reason why Zeus Capital is looking for a long term investment here and not somewhere else.

 

You seriously think that a wannabee merchant bank is looking at a Scottish football club as a long term investment?

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The BBC now Traynor referring to The Rangers FC as old/new club. The club has many things to deal with but surely the Media Dept should be correcting this.

 

Grin and bear it, mate. They'll get bored soon enough.

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