Chibmark 15 Posted September 20, 2013 Share Posted September 20, 2013 Has that not been the case since day 1 of this new regime? We certainly had no overdraft facility, Imrans maws aside. No, Rangers had a 70-odd rating on my Credit rating site last week, 100 being excellent - 0 being rubbish. It doesn't actually count for anything what your Company rating is, it's just a gauge for suppliers to measure risks, but when your rating has been suspended, it's more of an indication of a failing to follow Company legislation. Again, it's easily fixed, just file a proper Return, but in the tangled web off Rangers boardroom woes, it could be an indication that someone is hiding something. 0 Quote Link to post Share on other sites More sharing options...
TheTinMan99 0 Posted September 20, 2013 Share Posted September 20, 2013 No, Rangers had a 70-odd rating on my Credit rating site last week, 100 being excellent - 0 being rubbish. It doesn't actually count for anything what your Company rating is, it's just a gauge for suppliers to measure risks, but when your rating has been suspended, it's more of an indication of a failing to follow Company legislation. Again, it's easily fixed, just file a proper Return, but in the tangled web off Rangers boardroom woes, it could be an indication that someone is hiding something. Ah ok. A rating in the 70's doesn't seem too bad, all things considered. It seems high enough to gain some type of bank overdraft facility also, you would think. Who knows. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,060 Posted September 20, 2013 Share Posted September 20, 2013 Anybody want to take five minutes and explain what it all means? It would reveal who owned what, what they paid and the subsequent change in shareholdings and shareholders as new "investment" came in. A cynical mind might think somebody is trying to hide something. 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,457 Posted September 21, 2013 Author Share Posted September 21, 2013 Charlotte Fakeovers @CharlotteFakes 8m "I have evidence of serious financial irregularity" - not my words, but that of a high ranking official inside RIFC several months ago. 0 Quote Link to post Share on other sites More sharing options...
Crimson Dynamo 128 Posted September 21, 2013 Share Posted September 21, 2013 Was Sevco 5088 not listed on as being part of Rangers in the share prospectus or another document that followed quite close by? Hard to keep track lol 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 21, 2013 Share Posted September 21, 2013 Was Sevco 5088 not listed on as being part of Rangers in the share prospectus or another document that followed quite close by? Hard to keep track lol it's a subsidiary of rangers iirc. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,356 Posted September 21, 2013 Share Posted September 21, 2013 Was Sevco 5088 not listed on as being part of Rangers in the share prospectus or another document that followed quite close by? Hard to keep track lol I think it was listed as a subsidiary in the half year accounts. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,290 Posted September 21, 2013 Share Posted September 21, 2013 I think it was listed as a subsidiary in the half year accounts. Sevco 5088 appears just once, not as a subsidiary: Interim Results. Same with the prospectus. Company Check says that Rangers International Football Club plc has no group structure and says not much about subsidiaries either. Either they don't know or there is none. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,356 Posted September 22, 2013 Share Posted September 22, 2013 Yeah, it wasn't the interim accounts. It was the Directors Declaration issued to the Stock Exchange on 22 April which confirmed it was a subsidiary. 0 Quote Link to post Share on other sites More sharing options...
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