BEARGER 1,829 Posted April 18, 2023 Share Posted April 18, 2023 3,000,000 new shares issued between 3rd and today. Possible repayment of loan? Or new investment? 0 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted April 18, 2023 Author Share Posted April 18, 2023 Apr 18, 2023@SeafarerMichael Rangers International Football Club plc have issued 3,000,000 shares in the business, valued at £750,000. Confirmation of this allotment was filed today at Companies House. Total share capital in RIFC now stands at 447,248,285 shares. 𝗠𝗶𝗰𝗵𝗮𝗲𝗹 @SeafarerMichael 1 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted April 18, 2023 Author Share Posted April 18, 2023 John Bennett and George Alexander Taylor have increased their shareholdings. 1 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted April 18, 2023 Author Share Posted April 18, 2023 MARKET MOVER Rangers issue another three million shares – as new chairman John Bennett strengthens position in Ibrox cash boost Stewart Fisher Published: 19:44, 18 Apr 2023 Updated: 20:16, 18 Apr 2023 RANGERS have issued a further three million shares in their holding company at a price of 25p, it has emerged. Data communicated on the Companies House website today details the transaction in The Rangers International Football Club to a value of £750,000. Another share transaction at Ibrox has gone throughCredit: PA John Bennett has marginally increased his share position at the clubCredit: The share position after the investment It's the third time this year already that shares in Rangers International Football Club have been alotted, with 4mililon issued in February, raising around £1m and 7.7million in March, raising just short of £2m. It brings the total share capital in RIFC to 447,248,285 shares, with the share position of new chairman John Bennett and 'Three Bears' investor George Taylor both strengthened by the move. Bennett now owns 5.51% of the club's issued share capital, while Taylor owns 9.85%. Dave King's New Oasis Asset Limited group remains the biggest single shareholder with 14.12% - with former chairman and director Douglas Park next at 11.74%. Ex-Rangers boss Gerrard & former Ibrox ace Gattuso in frame for shock Euro job Football sign-up offer: Get £30 in FREE BETS to use today with Bet UK The Ibrox side are planning a big summer of incomings AND outgoings as they look to refurbish their squad under Michael Beale. The news came as football finance expert Kieran Maguire insisted there ISN'T such a huge gap in the finances of Rangers and Celtic. He told the BBC Scottish Football Podcast: "There was only a £4million difference in the 2022 accounts but my understanding is that Rangers' wage bill was heavily incentivised towards achieving success in getting to the Europa League Final as well as winning the Premiership. "There were some advantages that the club has had in the past couple of years which have accelerated the wage bill. 0 Quote Link to post Share on other sites More sharing options...
compo 6,221 Posted April 19, 2023 Share Posted April 19, 2023 Five bob a share were becoming the pocket money club 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,356 Posted April 19, 2023 Share Posted April 19, 2023 11 minutes ago, compo said: Five bob a share were becoming the pocket money club It's irrelevant whether it's 447 million shares at five bob or 4.47 million shares at a pony. 0 Quote Link to post Share on other sites More sharing options...
ranger_syntax 3,795 Posted April 19, 2023 Share Posted April 19, 2023 when warchest 0 Quote Link to post Share on other sites More sharing options...
ranger_syntax 3,795 Posted April 19, 2023 Share Posted April 19, 2023 10 hours ago, BEARGER said: The news came as football finance expert Kieran Maguire insisted there ISN'T such a huge gap in the finances of Rangers and Celtic. He told the BBC Scottish Football Podcast: "There was only a £4million difference in the 2022 accounts but my understanding is that Rangers' wage bill was heavily incentivised towards achieving success in getting to the Europa League Final as well as winning the Premiership. "There were some advantages that the club has had in the past couple of years which have accelerated the wage bill. What's all this then? 0 Quote Link to post Share on other sites More sharing options...
Sutton_blows_goats 4,334 Posted April 19, 2023 Share Posted April 19, 2023 1 hour ago, ranger_syntax said: What's all this then? EBTs part deux 1 Quote Link to post Share on other sites More sharing options...
ranger_syntax 3,795 Posted April 19, 2023 Share Posted April 19, 2023 2 hours ago, Sutton_blows_goats said: EBTs part deux I wasn't thinking about that. Since you mention it though that creative spirit did win us more trophies than the current approach! 2 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.