GovanAllan 0 Posted November 15, 2012 Share Posted November 15, 2012 me too and still they improve their squad. Not really their squad has been at the same level for years we feel back to meet them. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 15, 2012 Share Posted November 15, 2012 directors loans must be declared in a companies accounts legally. celtc had no declared directors loans. the whole notion of them is a comfort blanket for the celtc are teetering on the edge brigade amongst the rangers fans. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted November 15, 2012 Share Posted November 15, 2012 directors loans must be declared in a companies accounts legally. celtc had no declared directors loans. the whole notion of them is a comfort blanket for the celtc are teetering on the edge brigade amongst the rangers fans. You keep believing that GS if you want, and they are on the edge just like every other club in Scotland. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 15, 2012 Share Posted November 15, 2012 its a fact no loans in the accounts. if your suggesting something illegal call the cops they also have a loan of less than 11 million secured against lenoxtown. hardly huge. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted November 15, 2012 Share Posted November 15, 2012 Not really their squad has been at the same level for years we feel back to meet them. what does this mean? 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,304 Posted November 15, 2012 Share Posted November 15, 2012 I was once told by a CA that you can literally create company accounts to make profits look as big or small as you wish. Debts aren't the be all & end all either so long as you can service the debt and the debt provider is happy with that there's no problem. Cashflow is the killer though and this is where all SPL clubs are in the brown stuff (or soon will be) . Reduced incomes through reduced sponsorship monies(CB ending sponsorship at end of season & what will SKY do next season ?) & falling attendances will bite at some point for all of them 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,060 Posted November 15, 2012 Share Posted November 15, 2012 its a fact no loans in the accounts. if your suggesting something illegal call the cops they also have a loan of less than 11 million secured against lenoxtown. hardly huge. 16,782,112 Convertible Cumulative Preference Shares of 60p each 13,972,737 Convertible Preferred Ordinary Shares of 100p each For all intents and purposes that's £24m of debt with the Cumulative shares paying out over £0.5m a year in interest. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 15, 2012 Share Posted November 15, 2012 (edited) indeed and arent many of those shares as a result of the dividend. no thats not right its cash or ordinary shares those are from a share issue i assume. Edited November 15, 2012 by the gunslinger 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted November 15, 2012 Share Posted November 15, 2012 I was once told by a CA that you can literally create company accounts to make profits look as big or small as you wish. Debts aren't the be all & end all either so long as you can service the debt and the debt provider is happy with that there's no problem.Cashflow is the killer though and this is where all SPL clubs are in the brown stuff (or soon will be) . Reduced incomes through reduced sponsorship monies(CB ending sponsorship at end of season & what will SKY do next season ?) & falling attendances will bite at some point for all of them lets hope so rab, every one of them. 0 Quote Link to post Share on other sites More sharing options...
54andcounting 0 Posted November 16, 2012 Author Share Posted November 16, 2012 I've just came in and read through the last few pages of this thread and I smell fear. I really don't doubt at all that by the time we get back up there crossing swords with 'magnificent' c*lt*c and their compatriots they'll be the ones smelling of fear. Forever how long it takes, whether it's dragging ourselves through these pish leagues or through victory for common sense, they'll be the ones who'll receive the wrath of Rangers. And that's what I don't mind too much about the situation we find ourselves in - Revenge will be sweet. 0 Quote Link to post Share on other sites More sharing options...
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