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£10 million for new players


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Seems in interviews today Green is saying 10 million will be provided to Ally over the the next year or so, pre-contracts and the January 2014 window.

 

For where we are that sounds like way too much.

 

Seems a lot. Will wait and see what actually happens.

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ah the dreaded war chest, don't worry green says a lot that doesn't happen :).

 

it does sound like to much. while I believe we should have as many SPL players as possible in for our assault on the first division so they are bedded in for the SPL I don't see any point in wasting cash in the second div. if we can get a tempelton sur go for it but no squad players and no cheep dross for sure.

 

I would like halliday and the killie keeper maybe even Murray Davidson though we have a lot of centre mids.

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Rangers chief executive Charles Green has pledged to hand boss Ally McCoist up to £30m for new signings when the club's transfer embargo is lifted.

 

The Scottish Third Division leaders are barred from buying players until January 2014 but revealed on Tuesday that they had raised £22.5m from the club's share flotation.

 

Green said: "In the presentation we did when we were selling the shares, we said that, of the £22m, £10m is put to one side for Ally.

 

"Of course, we can't buy players at the moment, we can't do that until January 2014.

 

"But between now and then, we'll also have another season's worth of season ticket sales so the cash position will increase."

 

Green added: "We're not saying it's £10m and only £10m.

 

"If Rangers fans, as we expect, come out and buy their season tickets next year, there is perhaps another £20m there and that is a fantastic position for the manager, the club and its fans to be in.

 

"When we are allowed to go into the market, this club will take the right players and take the right action.

 

"This is definitely the springboard for the rebirth of Rangers.

 

"Never in the club's history did it sit there with no debt, no borrowings, with cash in the bank.

 

"The enterprise value of Rangers is still very, very low and that's why, I believe, institutions have invested in it."

 

Fuck me, lol.

 

http://www1.skysports.com/football/news/11788/8342844/Rangers-boss-Ally-McCoist-set-to-be-handed-up-to-30m-for-new-players-by-chief-executive-Charles-Green-once-transfer-embargo-lifted

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weirdly,,, i recieved a prospectus in the post today... a day after the share offer closed :whistle:

 

I got mine yesterday or the day before. I forget exactly.

 

Turns out it had been sat at a neighbours for at least a day and was open down one side and along the top. Not suspecting TImfoolery though as I live in SE England.

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