Danny_1872
Well-Known Member
Was just away to mention that. Fingers and toes crossed despite my pessimism.
Alex Rae Claiming Major Investment Coming Into Rangers
- Thread starter Uddy Gers
- Start date
Was just away to mention that. Fingers and toes crossed despite my pessimism.
Bluedell
Well-Known Member
Their accounts to 30th June 2019 that were signed off by their auditors disclose the sale of Tierney for £25m in note 33.
Valley Bluenose
RTV? Completed it mate!
The sale, and confirmation of the fee in a single payment, was also made to the Stock Exchange. No point in some pretending it didn't happen.
Kaiser
Well-Known Member
Just like the £3m of notional interest that is in Rangers accounts, that contributed to an "£11m" loss.
The £25m will no doubt be part of a "package" but will likely include appearances and CL qualification. Each of which given both their backgrounds would be questionable.
Besides, any Club that can keep a lid on paedophilia for 40 years is worth the watching.
A1bertz
Well-Known Member
He can't think that way though when it comes to business. 55 might be this season, it might be next. It could also be 5 years away.
Commodore Carbuncle
Well-Known Member
Cards on the table.
I’m not sure I want it. Investment? People invest to make money, how do you make money from Scottish Football?
I want Rangers owned by Rangers supporters. Nothing bad happens again. Not in our time, not in our kids time.
I’m not sure I want it. Investment? People invest to make money, how do you make money from Scottish Football?
I want Rangers owned by Rangers supporters. Nothing bad happens again. Not in our time, not in our kids time.
Rodney Wallace
Well-Known Member
One thing this thread has been excellent for is adding to my block list.
Anyone with anything except thanks for King and company straight on the list.
Yes the board has made some questionasporting decisions.
But in refusing to accept Kings role in saving the club you are as well as shredding your login for here and going and taking a long walk off a short pier.
Anyone with anything except thanks for King and company straight on the list.
Yes the board has made some questionasporting decisions.
But in refusing to accept Kings role in saving the club you are as well as shredding your login for here and going and taking a long walk off a short pier.
the nowhere man
Well-Known Member
Has he mentioned or backed up this report on Clyde tonight.
The Pontiac Bandit
Well-Known Member
People wont appreciate King for a while.
I may be mocked for this but un my eyes he is up there with Struth, Smith, Greig, Waddell, McCoist etc as one as the clubs all time historical figures.
Can you imagine what we would be if he hadn't stepped up?
We would be a rotten shell under Ashley and the spivs.
Valley Bluenose
RTV? Completed it mate!
Why do we persist with this?
As I posted earlier, the fee was £25m and was a single payment. As declared to the Stock Exchange.
It was more the tone of the reply, he was being a catty prick.
The Clunge Taster
Well-Known Member
Maybe they can see further afield than the end of their noses and just Maybe getting the jump on things is the reason they're minted in the first place...
Bang on. It took the grit of Castlemilk to take out the Easdales. The bros have a hard reputation. It took someone harder to take them on. And he did, in spades. Without some shady proxies.
Square and compass
Well-Known Member
With SG on board, european football , HMRC making a cant of it,the league/ champions league , then a great time for someone to add value to the club.
Britannia89
Well-Known Member
No one has a clue, piss and wind.
To be fair to King, this is what he said he planned to do! And he said it would take £50m overall.
Kaiser
Well-Known Member
Why do we persist with this?
As I posted earlier, the fee was £25m and was a single payment. As declared to the Stock Exchange.
My apologies. I will refrain from posting fake news on FF forthwith.
I wish you well in your endeavours.
RTID55
Well-Known Member
i listened to a bit of it earlier in work and there was no mention of it. i never heard full show tho
bilkobear
Well-Known Member
You are right, King is in the very top company, and quite honestly we will build a statue in his honour eventually.
He wasn't alone in his endeavours but he has led.
Valley Bluenose
RTV? Completed it mate!
You first and third paragraphs were fine - you just went all ‘Trump’ on us with the middle paragraph.
Fallintrueblue
Active Member
What I wouldn't even try to guess at is what would investment coming in have to do with Kjng stepping down. If the investment comes with a condition fir King to step down then that would be very suspicious to me. King has Rangers best interests at heart. Always has and always will have. So someone wanting to put money in with King away wouldn't sit right with me.
Secondly how would there be any major large investment. We have already had the share issues that were agreed by shareholders. There needs to be proposals sent out to be voted on allowing a fresh share issue. So I dont see any major investment coming from a share issue. Also if King was being bought out it's a sale so the money would be to him. Not the club.
So what does that leave to allow major investment. A large sponsorship deal with a major company. The rumours of a deal having been done to get rid of Ashley. Could this be a huge shirt deal. Renaming Ibrox. Or what else. Cause I know for a fact there will be no sugar daddy coming along to just throw his own money away with no potential return. That goes against everything King and the 3 bears etc have done to save us. Plus probably would see us in bother for financial fair play.
I will be watching from the sunshine on Tuesday to see if this is just another stupid outspoken story from someone claiming to know facts
Secondly how would there be any major large investment. We have already had the share issues that were agreed by shareholders. There needs to be proposals sent out to be voted on allowing a fresh share issue. So I dont see any major investment coming from a share issue. Also if King was being bought out it's a sale so the money would be to him. Not the club.
So what does that leave to allow major investment. A large sponsorship deal with a major company. The rumours of a deal having been done to get rid of Ashley. Could this be a huge shirt deal. Renaming Ibrox. Or what else. Cause I know for a fact there will be no sugar daddy coming along to just throw his own money away with no potential return. That goes against everything King and the 3 bears etc have done to save us. Plus probably would see us in bother for financial fair play.
I will be watching from the sunshine on Tuesday to see if this is just another stupid outspoken story from someone claiming to know facts
Hillheadbear
Goooooooooaaaaaaaaaaallllllllll
You can take the Bear out of Castlemilk but you can never take Castlemilk out of the Bear.
RFC_Falkirk
Well-Known Member
Being owned by a "sugar daddy" (though he invested other peoples money rather than this own) didn't work out for us before
Hillheadbear
Goooooooooaaaaaaaaaaallllllllll
I agree. We should be very wary of any one individual or group of individuals having overall control.
I think people need to know what this investment actually is before making any sort of reasoned judgement on it.
Is it a limited availability share issue, bringing new money into the club.
Is it loans, in which case, what are the terms.
What it almost certainly isn't going to be is gifts.
mulguy1953
Well-Known Member
In my eyes he's even above them, he dug deep & looked for like minded bluenose,s & investors, took numerous people to court, & the time spent away from his family in SA all for our benefit, he is an absolute hero
HenningBerg
Well-Known Member
Maybe it’s just me but I’ll be gutted if King leaves especially before 55. He should be here .
Surely he could hold an honorary post, even if he stands down as Chairman of the PLC
There is precedent according to wiki
| Name | Position | From | To | Tenure |
|---|---|---|---|---|
| John Ure Primrose | Honorary President | 1888 | 1912 | 24 years |
| John Lawrence | Honorary President | 19 June 1973 | 26 January 1977 | 3 years, 221 days |
| David Murray | Honorary Chairman | 4 July 2002[3] | 1 September 2004[4] | 2 years, 59 days |
| John Greig | Honorary President | 23 May 2015[21] | 4 years, 183 days |
Maybe we should look at things this way ...
We were saved by the three bears. We now need Goldilocks to enter the story
We were saved by the three bears. We now need Goldilocks to enter the story
Spit the dog
Well-Known Member
Dave King should be going nowhere
We welcome Rangers minded investors, but should not be welcoming anyone at the expense of Dave King, unless he wants it that way.
Him, the 3 bears and board and worked wonders for us.
We welcome Rangers minded investors, but should not be welcoming anyone at the expense of Dave King, unless he wants it that way.
Him, the 3 bears and board and worked wonders for us.
mkgers
Well-Known Member
If (humongous if at this stage) DK is stepping down it is likely to be something he is comfortable with doing, otherwise I doubt the rumoured move would happen.
5*RFC
Well-Known Member
What's her credentials for such a huge role like this?
Don't tell me, we're getting a "January war chest"
Everyone wants to be outraged at something. Each to their own. It's a mad claim to make on the radio. He better hope its true. Embarrassing claiming something like that and it doesnt come off. As I say, they work in the moment and on another day would have replied with something else. Get over it mate.
bilkobear
Well-Known Member
Hopefully an astute football/financial brain and a gargantuan work ethic with an unquenchable passion for Rangers.
But let's not knock a big pair of tits and a short skirt as well.
Jules Winfield
Well-Known Member
I have to agree with you I think he should be remembered as one of the most important figures in the clubs history
bluecode03
Well-Known Member
Let’s see what happens ..... but I was wondering why the club was SO certain Morelos was going nowhere. Let’s face it had the finances required it he would have been moved on. For that reason I’m staying hopefully optimistic.
JMCK
Well-Known Member
It would be wrong to diminish the role the board has played in the last few years, however the main man at any football club is the manager; through the history of football it's managers who haven't just achieved success at clubs, but sometimes transformed those clubs beyond all recognition. Steven Gerrard is the most crucial person at Ibrox right now, and everything needs to be done to keep him here for the foreseeable future; if that includes extra investment then this is the most important thing. Gerrard right now is irreplaceable.
Massive tits and loads of money
KGR98
Well-Known Member
If it involves one of Julian Woldhardts contacts it's a good sign these guys operate with the big bucks:
HONG KONG (Reuters) - DCP Capital, co-founded by former KKR & Co Greater China head David Liu, said it has raised about $2.5 billion in its debut U.S. dollar and yuan funds, giving the private equity firm adequate firepower to invest in Greater China.
The funds add to a massive pool of money for Chinese investment and underscore investor confidence in the ability to cut deals in the world's second-largest economy in the face of economic slowdown and trade tension with the United States.
DCP in a statement on Tuesday said it raised over $2 billion for its DCP Capital Partner I dollar fund from investors, known as limited partners. The fund was "significantly" oversubscribed due to strong demand from investors such as pension funds, funds-of-funds and sovereign wealth funds, it said.
HONG KONG (Reuters) - DCP Capital, co-founded by former KKR & Co Greater China head David Liu, said it has raised about $2.5 billion in its debut U.S. dollar and yuan funds, giving the private equity firm adequate firepower to invest in Greater China.
The funds add to a massive pool of money for Chinese investment and underscore investor confidence in the ability to cut deals in the world's second-largest economy in the face of economic slowdown and trade tension with the United States.
DCP in a statement on Tuesday said it raised over $2 billion for its DCP Capital Partner I dollar fund from investors, known as limited partners. The fund was "significantly" oversubscribed due to strong demand from investors such as pension funds, funds-of-funds and sovereign wealth funds, it said.
Marstonbear
Well-Known Member
For the money to go into the Club it would have to be via a share issue.
No one is going to put big money in without gaining the commensurate level of control
That makes sense, so would you expect there to be a vote on a share issue at the AGM.
Possibly with a vote on the dis-application of pre-emption rights if there are new investors waiting in the wings.
NDC bear forever
Well-Known Member
There’s a guy on Twitter who is adamant King is stepping aside but will still be involved. I don’t believe it as it’s a random guy from twitter but I’ll share it anyway:
Fallintrueblue
Active Member
That's what has happened in the recent share issues however they are only a percentage of the total shares in circulation which only dilute the original shareholders stake slightly I suppose. However the way Rae was speaking and the alleged rumours this Major Investmeny would seem to be something from left wing. Not just another share issue as these aren't major news. They can happen anytime voted upon so if would need to be something we havnt thought about as I and others have repeatedly stated for the fans who want a Billionaire Sugat Daddy, nobody can or will just open their pocket and hand money to whoever is running us..it cannot and wont happen. It cannot be a gift.Cause not one single rich person would hand money over in such a way that its immediately taxed. And if it's a loan then it's not major news as we currently use that form of funding.
KGR98
Well-Known Member
Think it might be David Liu (just a hunch) co owner of a succesfull capital Business with Woldhardt
