Are we as a club financially equipped to deal with this crisis?

Bluebear72

Active Member
How are we equipped to deal with this crisis? Every club and in fact every business is going to be hit horrendously hard. Every one of our shareholders has money tied up in stock markets that are plummeting and will only continue to fall. They, like Murray could soon be put in a position to prioritise business / assets over the football club. Even the new investor that was live 2 weeks ago will probably have other priorities.
Hell, we all have new priorities. Every person alive is faced with a new life going forward. This is going to affect us all for a very long time.
We have been chasing the league (as we should have been because no-one could legislate for this) but for being a club happy to overspend to chase it have we again need just a little bit reckless with cash?
So how are we financially?
I know we have no current debt but we did need a cash injection a few weeks ago to last is to the end of the season.
Do we still need this?
If so are we likely to receive it?
No we are not
No club is
 

Russell

Well-Known Member
I understand the OP’s concerns & I’m worried too but I think we’ve made the majority of our money from Europe this season which was great.

I would be very concerned if no football was being played come August though & the more season tickets we sell the better for the Club whenever next season kicks off.

I think things will be very tight at the Club regard budget for players & thankfully a few contracts are up which don’t need renewed.
 

Slybacon

Well-Known Member
If the season is void then i believe( in only my opinion)that season ticket holders should not be looking to reclaim money for the missed matches
I'd hope they wouldn't ask for any kind of refund. Some might want a % back, not to be cnts but because they need it for their families.
 

Slybacon

Well-Known Member
If your talking 2012, it may have been worse but running costs were around £1.5m/ month, with a guarantee of season ticket money about to come in.

Now they will be around £4m/month but when and how much season ticket can be collected is in question.

This is not just a problem affecting other clubs, I seriously think that many of our support underestimate the gravity of this situation.
This is my main concern. It's great to laugh at others who hate us but are we prepared for this going forward?
I enjoy the Tim's share price plummet but are Dave King and the 3 bears going to re-emerge from this crisis with the same passion to save/re-invigorate the club as they have during the good times. This is a global issue. Almost every single person in the world will see an effect of this.
 

BlueSeaOfIbrox

Well-Known Member
We'll survive but I guess it just depends how long this goes on.

We're only really missing 2-3 months as there's no real income in the summer anyways normally. I think we can ride those 2-3 months and obviously the summer will be accounted for mostly but if it continues much further we could be in bother
 

Centralbear

Active Member
This is my main concern. It's great to laugh at others who hate us but are we prepared for this going forward?
I enjoy the Tim's share price plummet but are Dave King and the 3 bears going to re-emerge from this crisis with the same passion to save/re-invigorate the club as they have during the good times. This is a global issue. Almost every single person in the world will see an effect of this.
I sensed even when King gave notice of stepping down last year that he was aware he couldn't indefinitely empty his pockets for the Rangers cause.

And your earlier point re investors, if they have assets sitting as cash prior to financial markets crash, well fine. If not, many would reconsider how they manage / invest their money at this time.
 

shug1971

Well-Known Member
I understand the OP’s concerns & I’m worried too but I think we’ve made the majority of our money from Europe this season which was great.

I would be very concerned if no football was being played come August though & the more season tickets we sell the better for the Club whenever next season kicks off.

I think things will be very tight at the Club regard budget for players & thankfully a few contracts are up which don’t need renewed.
Outside the epl and the so called European giants every club in the world will feel the pinch
 

Slybacon

Well-Known Member
Outside the epl and the so called European giants every club in the world will feel the pinch
The epl is heavily reliant on false money. They wont be immune to this crisis. Theres money owed all over the shop for player sales etc. Sponsors wont have the money to shell out. My worry is are we going to be okay?
 

buc11

Well-Known Member
Re-release all of our dvds digitally and all sorts of miscellaneous stuff.

I'm sure those who can will buy and help the club.
 

shug1971

Well-Known Member
Also Barcelona and real Madrid were recently 1/2 billion in debt. Is this still the case?
I would imagine so and I totally agree. Sky will be losing customers left right and centre now so who knows how this could pan out. My point was in the short term the epl and clubs you mention will survive. Long term it’s up in the air if the smaller clubs fold who knows what might be the repercussions
 

Fernando26

Well-Known Member
As we have maximum ST holders, I think we’ll be ok. We won’t be paying appearance fee’s and other bonuses as well as match day costs.
 

Monty Brewster

Active Member
I hate to piss on everyone's parade but I think the vast majority of our "wonderful support" don't care. We allowed our club to be liquidated and some of us can't quite forgive those who never bought season tickets in the "banter" years.
The club has never been liquidated. The company was, and the fans could have done absolutely nothing to stop that happening. The 'vast majority' of our fans stuck by the club buying season tickets to watch terrible football at a very poor low level of the game, they dod this to support there club. You are either at the wind-up or not a fan of Rangers with those comments.
 

1972 bear

Well-Known Member
I hate to piss on everyone's parade but I think the vast majority of our "wonderful support" don't care. We allowed our club to be liquidated and some of us can't quite forgive those who never bought season tickets in the "banter" years.
"We let our club be liquidated "...the mantra of every Rangers hating fud in Scotland.

GTF back to your own forum because there's no way you're a Rangers fan spouting that pish.
 

HCMC_Loyal

Well-Known Member
I dare say every company who pays into football (TV, sponsors etc.) will have lawyers going through deals with a fine toothed comb. Clubs across the globe could find their income massively affected.

If football across Europe is over for the season (which it most likely is), will UEFA split the prize money pot for the Europa League evenly amongst the remaining teams? If so, that could be vital for keeping the club afloat.
 

Mr Goodbear

Well-Known Member
I would say we are in a better financial situation than most of the smaller teams but they didn't care about us when we got shunted down to the lower league so my thoughts are only with Rangers.
 

Laudrup1

Well-Known Member
Re-release all of our dvds digitally and all sorts of miscellaneous stuff.

I'm sure those who can will buy and help the club.
I've been calling on them to do that for a decade. It was mentioned to the media / commercial team years ago and never went anywhere.
 

Weebilly

Active Member
I hate to piss on everyone's parade but I think the vast majority of our "wonderful support" don't care. We allowed our club to be liquidated and some of us can't quite forgive those who never bought season tickets in the "banter" years.
We didn’t allow our club to be liquidated. The majority of us renewed our season tickets. Strange post
 

tommohawk

Active Member
How are we equipped to deal with this crisis? Every club and in fact every business is going to be hit horrendously hard. Every one of our shareholders has money tied up in stock markets that are plummeting and will only continue to fall. They, like Murray could soon be put in a position to prioritise business / assets over the football club. Even the new investor that was live 2 weeks ago will probably have other priorities.
Hell, we all have new priorities. Every person alive is faced with a new life going forward. This is going to affect us all for a very long time.
We have been chasing the league (as we should have been because no-one could legislate for this) but for being a club happy to overspend to chase it have we again need just a little bit reckless with cash?
So how are we financially?
I know we have no current debt but we did need a cash injection a few weeks ago to last is to the end of the season.
Do we still need this?
If so are we likely to receive it?
Alloa just been told to rake 50% cut.

Many other Clubs be following suit.
 

OohAhHuistra

Well-Known Member
I hate to piss on everyone's parade but I think the vast majority of our "wonderful support" don't care. We allowed our club to be liquidated and some of us can't quite forgive those who never bought season tickets in the "banter" years.
The vast majority of us renewed. Want people to blame check the owners over they years and the SFA that withheld money fined us etc. The fans are certainly the last to blame
 
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