or to join or start a new Discussion

244 Comments
Article Rating     Not Rated Yet

Club 1872 - Share Issue

Hey Folks

Announcement this morning that club 1872 have been invited to a £2.5 million share issue

https://twitter.com/Club1872rfc/status/1358702415797768192?s=19

I am aware many have already spent money on season tickets, merch etc so not saying anyone should or has do do this in these times.

If however you can afford it please do.

For this £2.5 million all the money will go straight to the club - 100% the most efficient way to fund the club

Will help us toward never again

You can get a lifetime membership that can be paid up monthly

Please tell everyone you know on Facebook, twitter etc

To reiterate totally understand that many can't afford this especially after buying season tickets etc so hopefully not coming across as preachy. Just something I'm passionate about because we nearly lost our club.

posted on 9/2/21

comment by Zachsda( it’s 55, fifty five, LV.cinquante-cinq) (U1850)
posted 37 minutes ago
comment by lauders (U9757)
posted 55 seconds ago
comment by Zachsda( it’s 55, fifty five, LV.cinquante-cinq) (U1850)
posted 44 minutes ago
comment by super phoenix rangers - comments on this forum... (U14864)
posted 29 seconds ago
I don't mind the odd wum about the subject or debate for debates sake, where I start drawing the line is.

A. Truly believe it
B. Truly believe it and knowing how they feel about their club still rant and rave about it to people they call friends or in some cases even family
C. Rants full of bitterness and bile

I would not talk to these folk in the pub, work and they wouldn't be welcome in my home so the filter button works just like the option of telling someone to feck off and sit at their own table.

It's far better for my mental health overall.
----------------------------------------------------------------------
I was more interested in his lie that he had rangers supporting friends who believed it a clear lie(imo)
Ffs I fight in the louden for a yes badge imagine I had a Sevcco scarf
He was clearly in the corner at that time and came oot punching anyhoo I’ve filtered the coont u
I come on here to enjoy masel if I want to cut my wrists I’ll go elsewhere
----------------------------------------------------------------------
No chance I'm filtering him.
Excellent fun
----------------------------------------------------------------------
Different strokes
----------------------------------------------------------------------
Tony Strokes

posted on 9/2/21

Comment Deleted by Site Moderator

comment by St3vie (U11028)

posted on 9/2/21

comment by Silver (U6112)
posted 3 hours, 54 minutes ago
Stevie, the answer is the same reason whe Rangers finally got to play in Europe they were granted the country coefficient despite not having any 5yr record that would merit it.

Also why the ‘points’ accumulated by Gretna in Europe contributed to the country coefficient long after they were gone.

A more pertinent question for you is if Rangers is the same club then why were debenture holders stuffed out of the product they bought from the club?
----------------------------------------------------------------------

Again you are missing the point entirely...the country coefficient is only applied for the share of revenue criteria, if it is higher than the clubs own accumulated coefficient points tally

If Rangers are a different club, their coefficient points tally, at this moment in time should not be 30.750, it should only be 17.250. 13.5 gained from 10/11 and 11/12 are being added to Rangers own tally aswell as being used for the country coefficient. This is only happening because Rangers are being deemed the same club by UEFA. To argue against that is simply denying a clear and obvious fact

As for you point about the debenture holders, these were with the oldco, and I'm pretty sure the liquidators of oldco used a legal loophole where they only had to payout to anyone who had intimated a claim, and all future claims were time-barred under Scots Law, so it's only if a claim was intimated before this point that a payout was received...I'm no expert on these things by any means but that's my understanding

comment by deBear (U8633)

posted on 9/2/21

As for you point about the debenture holders, these were with the oldco, and I'm pretty sure the liquidators of oldco used a legal loophole where they only had to payout to anyone who had intimated a claim, and all future claims were time-barred under Scots Law, so it's only if a claim was intimated before this point that a payout was received...I'm no expert on these things by any means but that's my understanding

---------------------------------

This is correct.

BDO have a 'bondholder' section in their list of creditors.

Interestingly BDO have being paying pence in the pound rates to some creditors already.

They also say that they are on the right track with HMRC in terms of negotiating too.

That coupled with HMRC chasing the individuals for tax does mean at least they are getting something back.

comment by Silver (U6112)

posted on 9/2/21

No Stevie, it is you missing the point. If uefa did not include the old rangers coefficient points then it would penalise every other Scottish club through no fault of their own and tgat would not be fair now would it?

That uefa have to perform entity gymnastics is a mirror image of the SFA and SPL (as was) in the transfer of licenses to Dundee and the issuing of a new license to the new club - their words not mine.

Listen, we can go all day but I’ll call a halt as there’s folk that are getting upset and those that know me know I’m not that bothered for anything other than correctness and my position is legally new, in all other respects the same.

Oh, and on debentures, why don’t the club just give the affected fans their property back? Realise it was Green that stuffed them but that regime is long gone.

End.

posted on 9/2/21

comment by Silver (U6112)
posted 3 minutes ago
No Stevie, it is you missing the point. If uefa did not include the old rangers coefficient points then it would penalise every other Scottish club through no fault of their own and tgat would not be fair now would it?

That uefa have to perform entity gymnastics is a mirror image of the SFA and SPL (as was) in the transfer of licenses to Dundee and the issuing of a new license to the new club - their words not mine.

Listen, we can go all day but I’ll call a halt as there’s folk that are getting upset and those that know me know I’m not that bothered for anything other than correctness and my position is legally new, in all other respects the same.

Oh, and on debentures, why don’t the club just give the affected fans their property back? Realise it was Green that stuffed them but that regime is long gone.

End.
----------------------------------------------------------------------
You genuinely pushing this tosh?

For what it's worth they could easily include separate co-efficients if we were a new club.

Not that it's needed, because we are not.

Always thought you were just on the wind up but looks like your just as bad

posted on 9/2/21



https://www.google.com/search?gs_ssp=eJzj4tFP1zcsNM2qqqhMyTBg9OLMSS1RyCxRSM8HAGhcCBA&q=let+it+go&rlz=1C1CHBF_enCA734CA734&oq=let+it+go&aqs=chrome.1.69i57j46i433j0j46j0l4j46j0.5284j0j7&sourceid=chrome&ie=UTF-8

comment by deBear (U8633)

posted on 9/2/21

Oh, and on debentures, why don’t the club just give the affected fans their property back?

---------------------------------------

Because they are a creditor of the old company under the law.

If the newco entity did that then all the remaining creditors would have a reasonable case to be treated exactly the same.

comment by JFK (U8919)

posted on 9/2/21

some find it hard to take being a new club and will cling to any evidence to say they are not.

"bit UEFA"

UEFA don't care, they go with what is easiest.

new club, new start.

don't feel bad about it, you seem to be doing pretty well now.

comment by St3vie (U11028)

posted on 9/2/21

Silver...your argument is tosh mate

The country coefficient sits at 9.155, and I repeat IS NOT....say again...IS NOT...used to calculate Rangers own coefficient points tally of 30.750

Any Scottish club entering Europe for the first time this season would be ranked for share of revenue using the 9.155 country total, UNLESS they bettered that figure with their own results

Rangers own personal points tally is made up of the results garnered by the club since 2010....EVERY result since 2010. The 9.155 is not added at all, as the points Rangers have gained is greater than that figure.

If Rangers were a new club in 2012, and UEFA classed them as a new club, their points tally would be 17.250 ie the points they have garnered since 17/18...again, the 9.155 country coefficient ISNT applied.

Rangers points tally is 30.750, as it is greater than 9.155, and it is that figure because ALL results from 2010 add up to that total

No club is being penalised at all by Rangers results from 10/11 and 11/12 being added to their OWN points tally

I'm quite happy to let the argument go...but FFS when someone is trying to tell me something that is utter tosh, then tryong to say "I'll end it there"...sorry mate, I'm no having that

End

Sign in if you want to comment
RATE THIS ARTICLE
Rate Breakdown
5
0 Votes
4
0 Votes
3
0 Votes
2
0 Votes
1
0 Votes

Average Rating: 0 from 0 votes

ARTICLE STATS
Day
Article RankingNot Ranked
Article ViewsNot Available
Average Time(mins)Not Available
Total Time(mins)Not Available
Month
Article RankingNot Ranked
Article ViewsNot Available
Average Time(mins)Not Available
Total Time(mins)Not Available