Remind me not to try to buy you a pint.
comment by Blue Heaven (U20912)
posted 4 minutes ago
Remind me not to try to buy you a pint.
----------------------------------------------------------------------
For me - it values the club on the low side considering possible revenue from transfers alone.
Will shall see.
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
comment by * (U22266)
posted 19 minutes ago
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
----------------------------------------------------------------------
Behave.
The club is and has been operating a loss for years. The owners have been pouring money in. He’ll be lucky to get a penny back. This is just more fantastic support from them. Long may it continue.
comment by RenegadeOF (U9457)
posted 35 minutes ago
comment by * (U22266)
posted 19 minutes ago
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
----------------------------------------------------------------------
Behave.
The club is and has been operating a loss for years. The owners have been pouring money in. He’ll be lucky to get a penny back. This is just more fantastic support from them. Long may it continue.
----------------------------------------------------------------------
The chap is not minted - it is not money he can flagrantly throwaway on a whim.
Did the board not already owe him some money? Maybe I'm thinking of someone else.
My opinion on it is that the club has been losing money since the board ousted Ashley etc and whilst they're wealthy they cannot and will not cover the losses forever, add in coronavirus situation and I think it's probably very good for Rangers and something most clubs would be thrilled at.
I have no idea of his level of wealth, but I think investing in a Scottish club and expecting big returns isn't really likely. If he makes a bunch of cash I'm OK with it if Rangers are successful
For likes of club 1872 it will set them back I assume? The fan shareholding percentage will drop?
comment by * (U22266)
posted 10 hours, 48 minutes ago
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
----------------------------------------------------------------------
Fantasy.
There's no way you're getting £45m for Kent.
comment by Magnum. (U22391)
posted 1 hour, 14 minutes ago
comment by * (U22266)
posted 10 hours, 48 minutes ago
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
----------------------------------------------------------------------
Fantasy.
There's no way you're getting £45m for Kent.
----------------------------------------------------------------------
Aside from that; who on earth purchases shares in a business based on what their customers think they might realise if they sell their best assets?
Selling them reduces the value of the business for goodness sake and also greatly reduces their ability to gain revenues in the future. Again devaluing the business.
And look at it this way. This purchase “values” Rangers at £60m. Quite ridiculously high in all honesty when as has been pointed out it makes no profit, hasn’t done for many years, changed boards time after time and is in a market with a very uncertain future.
It’s a leap of faith and dare I say loyalty from a man who loves his club. Kudos to him but in no way reflects the value whatsoever.
Agreed mate. These guys are keeping the lights on and deserve huge credit.
The club is a money pit and only surviving through the generosity of a small number of benefactors.
Aye. Fair play to these guys for stumping up that level of cash.
I thought at some point their generosity had to come to an end but this year the club has been backed to the hilt yet again.
Said on my thread last night, was supposed to happen in march. He's clearly keen
comment by An s&m Lauders (U9757)
posted 1 minute ago
Said on my thread last night, was supposed to happen in march. He's clearly keen
----------------------------------------------------------------------
Naw ye didnae
comment by Gingernuts (U2992)
posted 13 minutes ago
Aye. Fair play to these guys for stumping up that level of cash.
I thought at some point their generosity had to come to an end but this year the club has been backed to the hilt yet again.
----------------------------------------------------------------------
Made the same point but hearing that we’ve been backed to the hilt is a bit much.
Celtic have spent more on transfers every year for the last 3 years, never mind Celtic spending way more on wages. We’ve been losing about 5m a year, and had great backing but we’re not far from turning the losses around.
Granted this season no ones how we’ll do, but we’ve had the ticket sales, extra cash from fans for tv, hopefully more shirt sales, Europe and also be saving a lot on match day costs, so no idea if it’ll be as bad for us as some clubs will have it.
comment by RenegadeOF (U9457)
posted 1 hour, 10 minutes ago
comment by Gingernuts (U2992)
posted 13 minutes ago
Aye. Fair play to these guys for stumping up that level of cash.
I thought at some point their generosity had to come to an end but this year the club has been backed to the hilt yet again.
----------------------------------------------------------------------
Made the same point but hearing that we’ve been backed to the hilt is a bit much.
Celtic have spent more on transfers every year for the last 3 years, never mind Celtic spending way more on wages. We’ve been losing about 5m a year, and had great backing but we’re not far from turning the losses around.
Granted this season no ones how we’ll do, but we’ve had the ticket sales, extra cash from fans for tv, hopefully more shirt sales, Europe and also be saving a lot on match day costs, so no idea if it’ll be as bad for us as some clubs will have it.
----------------------------------------------------------------------
Not sure what Rangers being backed to the hilt (which they undoubtedly have) has anything to do with what Celtic spent?
And revenue for every club has decreased substantially for this season consider to last. Shirt sales or whatever won’t even begin to cover that gap and this in a year where all the season books were still bought with the ever increasing likelihood that fans won’t see a single game. With even more uncertainty on next season I doubt very much if the OF will garner the same level of fan commitment which again creates a market value drop but emphasises equally how important a fan committing these sums of money is.
It’s not a competition for goodness sake.
Comment deleted by Site Moderator
It’s not a competition for goodness sake.
—-
Not usually after Christmas anyway.
Comment deleted by Site Moderator
Oh well that I’m all for.
Comment deleted by Site Moderator
COVID masks have certainly brought a frisson of anonymous intrigue to public lavatory liaisons.
“But officer, I thought you were my husband.”
Comment deleted by Site Moderator
comment by Zachsda( There’s a bus Neil, quick throw... (U1850)
posted 4 hours, 54 minutes ago
Do we know the loss of income relative to money saved on match days given we both sold out season books anyway
----------------------------------------------------------------------
Don’t know mate but from what I’ve read it comes nowhere near covering the costs. The worst case scenario was them allowing 1-5,000 fans in and having to pay the costs to police it.
Comment deleted by Site Moderator
comment by Gingernuts (U2992)
posted 8 hours, 38 minutes ago
comment by RenegadeOF (U9457)
posted 1 hour, 10 minutes ago
comment by Gingernuts (U2992)
posted 13 minutes ago
Aye. Fair play to these guys for stumping up that level of cash.
I thought at some point their generosity had to come to an end but this year the club has been backed to the hilt yet again.
----------------------------------------------------------------------
Made the same point but hearing that we’ve been backed to the hilt is a bit much.
Celtic have spent more on transfers every year for the last 3 years, never mind Celtic spending way more on wages. We’ve been losing about 5m a year, and had great backing but we’re not far from turning the losses around.
Granted this season no ones how we’ll do, but we’ve had the ticket sales, extra cash from fans for tv, hopefully more shirt sales, Europe and also be saving a lot on match day costs, so no idea if it’ll be as bad for us as some clubs will have it.
----------------------------------------------------------------------
Not sure what Rangers being backed to the hilt (which they undoubtedly have) has anything to do with what Celtic spent?
And revenue for every club has decreased substantially for this season consider to last. Shirt sales or whatever won’t even begin to cover that gap and this in a year where all the season books were still bought with the ever increasing likelihood that fans won’t see a single game. With even more uncertainty on next season I doubt very much if the OF will garner the same level of fan commitment which again creates a market value drop but emphasises equally how important a fan committing these sums of money is.
It’s not a competition for goodness sake.
----------------------------------------------------------------------
Whole point of our spending is to beat Celtic, so to say he’s been backed to the hilt when that’s our goal then it’s natural to compare spending.
So seems reasonable to say that he’s not been backed to the hilt when Celtic have continued to outspend us.
For some reason you see folk saying Gerrard has been backed to the hilt as if he’s had crazy amounts of money to turnover a poor squad, but I don’t see the same said for Lennon.
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Not Sure What To Make Of This..
Page 1 of 2
posted on 9/10/20
Remind me not to try to buy you a pint.
posted on 9/10/20
comment by Blue Heaven (U20912)
posted 4 minutes ago
Remind me not to try to buy you a pint.
----------------------------------------------------------------------
For me - it values the club on the low side considering possible revenue from transfers alone.
Will shall see.
posted on 9/10/20
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
posted on 9/10/20
comment by * (U22266)
posted 19 minutes ago
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
----------------------------------------------------------------------
Behave.
The club is and has been operating a loss for years. The owners have been pouring money in. He’ll be lucky to get a penny back. This is just more fantastic support from them. Long may it continue.
posted on 9/10/20
comment by RenegadeOF (U9457)
posted 35 minutes ago
comment by * (U22266)
posted 19 minutes ago
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
----------------------------------------------------------------------
Behave.
The club is and has been operating a loss for years. The owners have been pouring money in. He’ll be lucky to get a penny back. This is just more fantastic support from them. Long may it continue.
----------------------------------------------------------------------
The chap is not minted - it is not money he can flagrantly throwaway on a whim.
posted on 9/10/20
Did the board not already owe him some money? Maybe I'm thinking of someone else.
My opinion on it is that the club has been losing money since the board ousted Ashley etc and whilst they're wealthy they cannot and will not cover the losses forever, add in coronavirus situation and I think it's probably very good for Rangers and something most clubs would be thrilled at.
I have no idea of his level of wealth, but I think investing in a Scottish club and expecting big returns isn't really likely. If he makes a bunch of cash I'm OK with it if Rangers are successful
posted on 9/10/20
For likes of club 1872 it will set them back I assume? The fan shareholding percentage will drop?
posted on 10/10/20
comment by * (U22266)
posted 10 hours, 48 minutes ago
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
----------------------------------------------------------------------
Fantasy.
There's no way you're getting £45m for Kent.
posted on 10/10/20
comment by Magnum. (U22391)
posted 1 hour, 14 minutes ago
comment by * (U22266)
posted 10 hours, 48 minutes ago
Everytime we keep diluting the value of shares then IMHO, the worse it will get.
Ok - pinch of salt time.
Morelos, Kent and Tavernier - £50m in potential transfers there alone.
This guy has just bought a golden ticket IMHO.
----------------------------------------------------------------------
Fantasy.
There's no way you're getting £45m for Kent.
----------------------------------------------------------------------
Aside from that; who on earth purchases shares in a business based on what their customers think they might realise if they sell their best assets?
Selling them reduces the value of the business for goodness sake and also greatly reduces their ability to gain revenues in the future. Again devaluing the business.
And look at it this way. This purchase “values” Rangers at £60m. Quite ridiculously high in all honesty when as has been pointed out it makes no profit, hasn’t done for many years, changed boards time after time and is in a market with a very uncertain future.
It’s a leap of faith and dare I say loyalty from a man who loves his club. Kudos to him but in no way reflects the value whatsoever.
posted on 10/10/20
Agreed mate. These guys are keeping the lights on and deserve huge credit.
The club is a money pit and only surviving through the generosity of a small number of benefactors.
posted on 10/10/20
Aye. Fair play to these guys for stumping up that level of cash.
I thought at some point their generosity had to come to an end but this year the club has been backed to the hilt yet again.
posted on 10/10/20
Said on my thread last night, was supposed to happen in march. He's clearly keen
posted on 10/10/20
comment by An s&m Lauders (U9757)
posted 1 minute ago
Said on my thread last night, was supposed to happen in march. He's clearly keen
----------------------------------------------------------------------
Naw ye didnae
posted on 10/10/20
comment by Gingernuts (U2992)
posted 13 minutes ago
Aye. Fair play to these guys for stumping up that level of cash.
I thought at some point their generosity had to come to an end but this year the club has been backed to the hilt yet again.
----------------------------------------------------------------------
Made the same point but hearing that we’ve been backed to the hilt is a bit much.
Celtic have spent more on transfers every year for the last 3 years, never mind Celtic spending way more on wages. We’ve been losing about 5m a year, and had great backing but we’re not far from turning the losses around.
Granted this season no ones how we’ll do, but we’ve had the ticket sales, extra cash from fans for tv, hopefully more shirt sales, Europe and also be saving a lot on match day costs, so no idea if it’ll be as bad for us as some clubs will have it.
posted on 10/10/20
comment by RenegadeOF (U9457)
posted 1 hour, 10 minutes ago
comment by Gingernuts (U2992)
posted 13 minutes ago
Aye. Fair play to these guys for stumping up that level of cash.
I thought at some point their generosity had to come to an end but this year the club has been backed to the hilt yet again.
----------------------------------------------------------------------
Made the same point but hearing that we’ve been backed to the hilt is a bit much.
Celtic have spent more on transfers every year for the last 3 years, never mind Celtic spending way more on wages. We’ve been losing about 5m a year, and had great backing but we’re not far from turning the losses around.
Granted this season no ones how we’ll do, but we’ve had the ticket sales, extra cash from fans for tv, hopefully more shirt sales, Europe and also be saving a lot on match day costs, so no idea if it’ll be as bad for us as some clubs will have it.
----------------------------------------------------------------------
Not sure what Rangers being backed to the hilt (which they undoubtedly have) has anything to do with what Celtic spent?
And revenue for every club has decreased substantially for this season consider to last. Shirt sales or whatever won’t even begin to cover that gap and this in a year where all the season books were still bought with the ever increasing likelihood that fans won’t see a single game. With even more uncertainty on next season I doubt very much if the OF will garner the same level of fan commitment which again creates a market value drop but emphasises equally how important a fan committing these sums of money is.
It’s not a competition for goodness sake.
posted on 10/10/20
Comment deleted by Site Moderator
posted on 10/10/20
It’s not a competition for goodness sake.
—-
Not usually after Christmas anyway.
posted on 10/10/20
Comment deleted by Site Moderator
posted on 10/10/20
Oh well that I’m all for.
posted on 10/10/20
Comment deleted by Site Moderator
posted on 10/10/20
COVID masks have certainly brought a frisson of anonymous intrigue to public lavatory liaisons.
“But officer, I thought you were my husband.”
posted on 10/10/20
Comment deleted by Site Moderator
posted on 10/10/20
comment by Zachsda( There’s a bus Neil, quick throw... (U1850)
posted 4 hours, 54 minutes ago
Do we know the loss of income relative to money saved on match days given we both sold out season books anyway
----------------------------------------------------------------------
Don’t know mate but from what I’ve read it comes nowhere near covering the costs. The worst case scenario was them allowing 1-5,000 fans in and having to pay the costs to police it.
posted on 10/10/20
Comment deleted by Site Moderator
posted on 10/10/20
comment by Gingernuts (U2992)
posted 8 hours, 38 minutes ago
comment by RenegadeOF (U9457)
posted 1 hour, 10 minutes ago
comment by Gingernuts (U2992)
posted 13 minutes ago
Aye. Fair play to these guys for stumping up that level of cash.
I thought at some point their generosity had to come to an end but this year the club has been backed to the hilt yet again.
----------------------------------------------------------------------
Made the same point but hearing that we’ve been backed to the hilt is a bit much.
Celtic have spent more on transfers every year for the last 3 years, never mind Celtic spending way more on wages. We’ve been losing about 5m a year, and had great backing but we’re not far from turning the losses around.
Granted this season no ones how we’ll do, but we’ve had the ticket sales, extra cash from fans for tv, hopefully more shirt sales, Europe and also be saving a lot on match day costs, so no idea if it’ll be as bad for us as some clubs will have it.
----------------------------------------------------------------------
Not sure what Rangers being backed to the hilt (which they undoubtedly have) has anything to do with what Celtic spent?
And revenue for every club has decreased substantially for this season consider to last. Shirt sales or whatever won’t even begin to cover that gap and this in a year where all the season books were still bought with the ever increasing likelihood that fans won’t see a single game. With even more uncertainty on next season I doubt very much if the OF will garner the same level of fan commitment which again creates a market value drop but emphasises equally how important a fan committing these sums of money is.
It’s not a competition for goodness sake.
----------------------------------------------------------------------
Whole point of our spending is to beat Celtic, so to say he’s been backed to the hilt when that’s our goal then it’s natural to compare spending.
So seems reasonable to say that he’s not been backed to the hilt when Celtic have continued to outspend us.
For some reason you see folk saying Gerrard has been backed to the hilt as if he’s had crazy amounts of money to turnover a poor squad, but I don’t see the same said for Lennon.
Page 1 of 2