Rangersitis 0 Posted June 20, 2014 Share Posted June 20, 2014 You need to get to that level. Celtc had 3 or 4 share issues to get there. So it is unsustainable. Cheers. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2014 Share Posted June 20, 2014 So it is unsustainable. Cheers. You need to look up sustainable in a dictionary 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted June 20, 2014 Share Posted June 20, 2014 When white bought us we were 3 in a row champs with a great team in Europe after Christmas. 14 million in debt and turning a huge profit. What's unsustainable about that. A £4m profit....up £17m from the previous season when CL qualification had not been achieved. That is what isn't sustainable about that. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted June 20, 2014 Share Posted June 20, 2014 You need to look up sustainable in a dictionary I don't. It means that something can be maintained at a certain level. That doesn't mean a reliance on a sugar daddy throwing in millions every time things go awry. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2014 Share Posted June 20, 2014 A £4m profit....up £17m from the previous season when CL qualification had not been achieved. That is what isn't sustainable about that. A 4 million profit is very sustainable. But really sustainability is about good management. We aren't sustainable just now partly because we are borrowing rather than raising cash. Raising 50 million will not make us unsustainable. Quite the opposite in fact. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2014 Share Posted June 20, 2014 I don't. It means that something can be maintained at a certain level. That doesn't mean a reliance on a sugar daddy throwing in millions every time things go awry. King isn't suggesting that. 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted June 20, 2014 Author Share Posted June 20, 2014 King isn't suggesting that. What King was looking at was investing £30 - £50m over a number of years - he wan't planning on pumping it all in at once.... 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted June 20, 2014 Share Posted June 20, 2014 King isn't suggesting that. He won't be pumping millions in to buy players for winning the top league, or he won't be pumping millions in when CL qualification isn't achieved and small profits become larger losses? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2014 Share Posted June 20, 2014 He won't be pumping millions in to buy players for winning the top league, or he won't be pumping millions in when CL qualification isn't achieved and small profits become larger losses? He's suggesting we spend it sustainability and manage it well. He's not going to be an ongoing sugar daddy. There is a million ways to spend 50 million sustainably. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2014 Share Posted June 20, 2014 But some of it will be needed just to make us sustainable. We aren't right now. 0 Quote Link to post Share on other sites More sharing options...
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