Hildy 0 Posted May 21, 2014 Share Posted May 21, 2014 (edited) Two RST members have taken the decision to release a Red and Black strip to raise money for the BuyRangers scheme. From each top sold up to £8 will be put towards the purchase of shares. It has been a positive start and over 400 strips have been sold in the first week. We have received a mainly positive response to this from our members. As a result the RST board has decided that the money raised will be used solely for the upcoming share issue as outlined in the board's 120 day review. As an existing shareholder we will be seeking to participate in any future share issuehttp://www.twitlonger.com/show/n_1s1r063 Does this mean that an unofficial shirt is contributing more money to Rangers - per shirt sold - than the official one? Edited May 21, 2014 by Hildy 0 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted May 21, 2014 Author Share Posted May 21, 2014 Does this mean that an unofficial shirt is contributing more money to Rangers - per shirt sold - than the official one? Certainly looks like it. How about getting these fans to negotiate the next club deal. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted May 21, 2014 Share Posted May 21, 2014 Does this mean that an unofficial shirt is contributing more money to Rangers - per shirt sold - than the official one? How do we work that out mate? 0 Quote Link to post Share on other sites More sharing options...
Hildy 0 Posted May 21, 2014 Share Posted May 21, 2014 How do we work that out mate? "The RST board has decided that the money raised will be used solely for the upcoming share issue as outlined in the board's 120 day review." The red and black shirt profit will go to Rangers then, between £7 and £8 per item apparently, but the official shirt, according to some, only contributes around 70p to £1 to Rangers - per shirt sold. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted May 21, 2014 Share Posted May 21, 2014 Hard to believe the club only make £1 per shirt. Recently i read Celtic made between £2.5m and £3.5m profit from merchandising, they sell around a quarter of a million jerseys a year, are we to believe they sell so much more other merchandise to make up that huge profit? Shirts are normally a clubs best seller, no? 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted May 21, 2014 Share Posted May 21, 2014 Hard to believe the club only make £1 per shirt. Recently i read Celtic made between £2.5m and £3.5m profit from merchandising, they sell around a quarter of a million jerseys a year, are we to believe they sell so much more other merchandise to make up that huge profit? Shirts are normally a clubs best seller, no? It's Ashley looking after our best interests. 0 Quote Link to post Share on other sites More sharing options...
Hildy 0 Posted May 21, 2014 Share Posted May 21, 2014 Hard to believe the club only make £1 per shirt. Recently i read Celtic made between £2.5m and £3.5m profit from merchandising, they sell around a quarter of a million jerseys a year, are we to believe they sell so much more other merchandise to make up that huge profit? Shirts are normally a clubs best seller, no? Shirts used to be a big seller for us but I'm not sure how we rank these days. In the Glasgow area ten years ago Rangers and Celtic strips were a common sight. These days they are much less visible whereas foreign and English shirts are probably more in evidence than ever before. 0 Quote Link to post Share on other sites More sharing options...
Stimpy 0 Posted May 21, 2014 Share Posted May 21, 2014 700 shirts sold as of this afternoon. Not too shabby considering the hate campaign in full swing. 0 Quote Link to post Share on other sites More sharing options...
Hildy 0 Posted May 21, 2014 Share Posted May 21, 2014 700 shirts sold as of this afternoon. Not too shabby considering the hate campaign in full swing. It seems to be quite a clever idea. The club benefits financially when there is a new share issue. The fans benefit because they get a unique and reasonably priced shirt to register their protest. The support benefits because it acquires more shares in Rangers with the profits. 0 Quote Link to post Share on other sites More sharing options...
Max Rebo's Big Blue Nose 0 Posted May 21, 2014 Share Posted May 21, 2014 700 shirts sold as of this afternoon. Not too shabby considering the hate campaign in full swing. Some of the stuff I read on RM is quite frankly mind blowing. I just don't understand some of our fans sometimes 0 Quote Link to post Share on other sites More sharing options...
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