Lainey Love
Well-Known Member
Artical in evening times
https://www.eveningtimes.co.uk/news...tops-scottish-football-list-at-more-than-22m/
https://www.eveningtimes.co.uk/news...tops-scottish-football-list-at-more-than-22m/
Has some of that has now been transferred to Shares.
Why be positive when you can be negative??I would put it another way and say Rangers have investors who are prepared to put the most money in out of the teams in Scotland
Agenda driven journalism more likeWe may have borrowed a lot but I am sure that Celtic owe much more .....
Lazy journalism
Was going to ask this - who has lent us this then?We haven’t borrowed anything. This is money that’s been invested in the club.
All the while we don’t have dividends that have to be paid, bank loans at rates the Labour Party couldn’t even get and a £59m wage bill.We may have borrowed a lot but I am sure that Celtic owe much more .....
Lazy journalism
Yes.Has some of that has now been transferred to Shares.
The biggest question they should be asking is where’s all the Tims champions league money gone!
Hhhmmm, Chelsea and Everton owe next to nothing because their investors fund their clubs by shares , we do the same but we are in debt , get it fu(kin right ya walloper Kieran.Mmm? We've paid off the Close bros agreement.
A very misleading article considering this "borrowed" money is from board members who don't require interest and will convert said money into shares. In effect, we are debt free.
I wonder who this article is aimed at?
22m of which zero is external borrowing
Agenda driven Scottish journalism.
Locked away for the compo that's due when their peado ring unravels.The biggest question they should be asking is where’s all the Tims champions league money gone!
Top of the dirty bastards who don't pay our debts league. Did ill phil write this?
Ed: Kieran Maguire.......
Media at it with stuff like this.
While it’s not nonsense, we did borrow this amount, what the article conveniently forgets to mention is it was all by shareholders and not external such as banks or Close Brothers type borrowing, so therefore it’s interest free with no repayment date.Nonsense story made to sell papers to mentally challengeds
Lumping in owner’s ‘borrowings’ with bank debt is an absolutely useless exercise, particularly when a lot of the owners loans will be interest free and potentially convertible into shares rather than strictly repayable.
I don’t suspect the mhedia are that clued up on such matters however.