ian1964 10,461 Posted December 18, 2012 Share Posted December 18, 2012 CRO understands that the Rangers share issue has resulted in a total of around £22 million being brought into the club. £17 million came from institutional investors and the balance from fans. The Buy Rangers offer from the Rangers Supporters Trust raised £250,000. In today's economic climate, this is a great achievement for Rangers CEO Charlie Blue and his team. The monies raised will provide strong security for Rangers FC, as well as giving the club the ability to invest in projects. As well as manager Ally McCoist, former Gers hitman Kris Boyd and former Chairman Alastair Johnston made investments in the share issue. So too did two Rangers-supporting MPs. It's a great Christmas present for all connected with Rangers. And it all goes to prove that The Rangers are the biggest team in the land. With 140 years of glorious history!! http://www.thecoplandroad.org/2012/12/by-bill-mcmurdo-cro-editor-at-large-cro.html 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted December 18, 2012 Share Posted December 18, 2012 Excellent work. 0 Quote Link to post Share on other sites More sharing options...
Steve1872 4 Posted December 18, 2012 Share Posted December 18, 2012 Statement on Share issue due at 7pm Just said on Radio Clyde 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,307 Posted December 18, 2012 Share Posted December 18, 2012 (edited) Good news but don't be fooled into believing this share issue was for supporters. The timing of it & the fact supporters only got one week leading up to Christmas to buy shares leads me into thinking it was primarily for the financial institutions.In that respect it has been an undoubted success to which CG deserves utmost praise. Fan ownership isn't necessarily a good thing. Look at Barcelona. Great team but with massive debts which won't be sustainable for too much longer because the Bankrupt Spanish Government won't be able to bail them out anymore by buying a worthless piece of land from them for an exorbitant amount of Euros. Even the Bayern Munich president recently asked how much longer the European taxpayer was to subsidise Messi's wages. Edited December 18, 2012 by RANGERRAB 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted December 18, 2012 Share Posted December 18, 2012 collecting for ticketus perhaps? 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,307 Posted December 18, 2012 Share Posted December 18, 2012 collecting for ticketus perhaps? wonder what they'e up to. Whyte conned them out of 20 odd million didn't he? 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted December 18, 2012 Share Posted December 18, 2012 wonder what they'e up to. Whyte conned them out of 20 odd million didn't he? yes and there were alleged links between greens investors and them around takeover time. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,307 Posted December 18, 2012 Share Posted December 18, 2012 yes and there were alleged links between greens investors and them around takeover time. the bit I never got was why they gave Whyte this money in the first place. Seemed one hell of a risk 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted December 18, 2012 Share Posted December 18, 2012 Good news but don't be fooled into believing this share issue was for supporters. The timing of it & the fact supporters only got one week leading up to Christmas to buy shares leads me into thinking it was primarily for the financial institutions.In that respect it has been an undoubted success to which CG deserves utmost praise.Fan ownership isn't necessarily a good thing. Look at Barcelona. Great team but with massive debts which won't be sustainable for too much longer because the Bankrupt Spanish Government won't be able to bail them out anymore by buying a worthless piece of land from them for an exorbitant amount of Euros. Even the Bayern Munich president recently asked how much longer the European taxpayer was to subsidise Messi's wages. Same could be applied to Real Madrid..... 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted December 18, 2012 Share Posted December 18, 2012 I though unsold shares were going to be snapped up by everyone from institutions to Charlie himself. 0 Quote Link to post Share on other sites More sharing options...
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