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Charles Green meeting yesterday


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CG spoke for 40 minutes yesterday in Ibrox, here are some of of his comments.

 

1 - He met with Sky last week and refuses to sign up to the new sky deal which ends in two years !

 

2 - Rangers only receive approx 700k from TV money at present.

 

3 - All footballing debt have been paid apart from the 31k to Dundee Utd which he has a letter confirming would be paid by the SPL.

 

4 - They have agreed a fee of £1.3 million with Loyds for the purchase of the Albion carpark therefore canceling the lease which ran till 2025 at over 300k a year.

 

5 - The management team are currently looking at a list of players who will be out of contract next summer but would be availabe as free agents from Sept 1st 2013, CG plans to sign them up on a pre contract agreements next year.

 

6 - Rangers owed hearts the remainder of the Lee Wallace fee, Hearts were so desperate for the money eventually offering a 100k discount if we paid the cash two weeks ago.Thats why the couldn't pay the wages.

 

7 - Projected turnover for this year is 20 million. Next year 40 million.

 

8 - Share issue prospectus to be made public in a 21 page document end of this coming week or just after.

 

9 - Over 20 pension fund groups have an intrest in the share issue.

Corporate roadshow to start this week re share issue Glasgow, Edinburgh

and then London for seven days.

 

10 - He once again stated that we have no debts and are cash rich at the

moment and expecting to make a 6 million profit from the retail arm now

JJB are out the way.

 

11 - Hinted at League reconstruction being masterminded by the SFL not the

SPL as he predicts the SPL will go bust without the Sky deal which he

refused to sign.

 

12 - Soon to be another bust up with SPL over Rangers tv broadcasts.

Doncaster says we need their permission which will undoubtably mean

money to those c unts.

 

13 - CG stated he thinks SFA will declare him not a fit and proper person to

be CEO of Rangers because of his constant war with them.

 

14 - CG insists there is a potential to make a 100% profit on shares for all

new share holders.

 

15 - SFA and SFL not interested in stripping of titles only the ******** at the

SPL pushing for it. He will fight it all the way.

 

16 - He is considering taking legal action against the SPL and SFA over the

agreement to allow us a Liscense to continue playing football.

Decision was taken under duress he says at 9.30pm before Brechin

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I can't believe we haven't taken the SFA and SPL to court already. It's all very well making a lot of noise as Green has been, but we need to start tying them up in legal actions as they seem to want to chance their arm with yet more ridiculous punishments.

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another round of moonbeams as the list of previous ones not yet delivered grows ever larger.

 

I think Green has delivered quite a bit of what he said he will. Not everything will happen overnight and not everything will pan out the way it was intended.

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yeah but he's not even being fully honest about that. he agreed that the SPL should keep the prize money for example.

 

adidas seem to be taki.g their time over a deal.

 

Except the debt hasn't even been paid by the SPL yet apparently, and they're keeping hold of cash when it should at least be going to the creditors.

 

Give it time, Sports Direct deal happened after all.

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