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interview with Charles in the scotsman.


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Perhaps easy to say this as someone who can afford it but since we consider ourselves higher than the SFL can we complain too much about higher prices?

 

Nothing to do with affordablilty, I myself would pay, its more the principal and recognising brilliant customer service for me. CG knows he is going to get the same amount of ST next season, he has continually stated how good the fans are and how much he made therefore a slight increase of 5-10% would be a good gesture rather than 25%. Let the hike in prices be for top flight football.

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Guest Bear Able
He's either a liar, or he made an arse of the share issue. He clearly said on Scotland Tonight that he knocked back dough from the institutional investors, so the support could buy. He allocated £10m worth of shares for the support, we bought half, so he says. In theory, there was £5m worth of unsold shares that could have gone to the institutional investors, or he's talking shite, again.

 

The share issue target was £27m, we got £22.5m approx, so we lost out on £5m, if you believe him pre share issue. £10m from fans a week before xmas was always going to be a stretch. Why didn't he just allocate us £5m and sell the other £5m to the big shots who wanted to invest?

 

The share issue target was £20mil which got oversubscribed, The £10mil was set aside for a supporter take up, it wasnt a target. Green is correct in saying that any spare could in theory go to investors. He was just answering a hypothetical (and meaningless) question.

 

As for your other claims...

 

Actually, the aim was £30m before july, but lets not let a few million either way bother us.

 

The £30mil target was on provision of a CVA being accepted and the oldco continuing. That did not happen. And the share issue was then revalued at £20mil for the newco scenario.

 

Are any of these CEO's in Bermuda, running 3rd division football clubs in Scotland?

 

We are not a "3rd Division football club". The Rangers are one of the biggest clubs in Europe who just happen to be in a lower league at the moment. It is not a pernament state of affairs. And we should pay our CEO, our manager, and the players, the market rate according to our ambitions not our current league status.

Edited by Bear Able
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