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Dapo Mabude

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    Season 19/20

    in Football related - Discussion of non TA football

    Posted

    17 minutes ago, AndyDD said:

    I don't know what else you would call it when a business made that sort of loss but increased costs to those degrees. If you are making a loss, you decrease your costs. You don't increase them. Otherwise you end up needing continuing to make a loss and need to borrow, or find, or earn, an awful lot of extra income.

    Well we did find a lot of extra income. 63% more in fact. That's why we were able to increase costs.

    Season 19/20

    in Football related - Discussion of non TA football

    Posted

    11 minutes ago, sbcmfc said:

    They’ve spent £10million in transfer fees since their last loss. (Helander, Kent, etc.)

    So surely there’s a hole to be plugged?

    They lost £11 million last season without substantial transfer fees (that I can remember?) that’s with europa league groups etc.

    We spent £6m net on fees that season.

    2 minutes ago, AndyDD said:

    That's it in a nutshell, for me. 

    Given all the recent history of financial frailty and the speed with which things can implode, why is it not a worry that Rangers, as it stands, are so deeply in the hole?

    The bolded part of your comment reflects a shrugging, doesn't really matter, it'll be alright on the night attitude to the financial health of the club. It might be that you don't actually have that They are competing with a team that is turning a substantial profit, whilst failing even to break even as things stand. And not by a small margin. They are, in effect, literally spending money they don't have to carry on as they are, going by the recent financial report.

    Why do Rangers need another £10Million to see them through? How is that their current reality? Mismanagement, thy name is King.

    It's not mismanagement at all. It's investment to push the club forward to a position they need to get to. Clearly working so far too, although in large part due to Gerrard's success in Europe, considering our turnover increased by 63%.

    Season 19/20

    in Football related - Discussion of non TA football

    Posted

    32 minutes ago, sbcmfc said:

    They have closed the gap considerably, by throwing money they don’t have at it, but it’s unsustainable.

    Well that's not even close to true. Our wage bill is only 60% or so of turnover. We could very easily break even or even make a profit - just by sticking with the squad we already have that is currently neck and neck with them.

    Season 19/20

    in Football related - Discussion of non TA football

    Posted

    3 minutes ago, Squirrelhumper said:

    You might not see the summer of 2020 if you 1) don't sell somebody and 2) fail to qualify out the EL Group though. The accounts effectively say that.

    £10m is only to plug a hole, it's not a fix. Clubs will do to Rangers exactly as they've done to others over the years, lowball you as they know you are skint.

    If Celtic win the cup and are say 5 or 6 points ahead by the break (which I think they will be based on fixtures) then I think Rangers will have their hand forced re Morelos.

    I honestly can't believe Rangers are losing so much money, so soon after the events of 2012. Folk said it years ago and I laughed it off trying to stop 10IAR could literally kill them as they are going to need to strengthen again in January which is something they cannot afford, as Celtic sure as hell will spend money.

    Yeah I think you're getting overexcited. The board have already committed to cover at least 50% of that plus if we make EL next round then there is less to cover.

    3 minutes ago, AndyDD said:

    I think waiting until the Summer might actually hurt the price tag, unless the funding comes in from other sources before then. If it doesn't, then there will suddenly be a pressing need to sell him and clubs will use that to their advantage.

    The price tag could be hurt or be basically the same or increase. It could easily increase if his goalscoring form, at this rate, continues and he continues to score against strong teams in Euro.e

    Season 19/20

    in Football related - Discussion of non TA football

    Posted

    1 minute ago, AndyDD said:

    If I were Rangers, i'd prefer to make up for the shortfall by turning a huge profit on a player than the route King appeared to nod at in his statement. 

    Yeah,  I fully agree with that. But there is no pressing need to sell in January rather than the Summer of 2020. Plus £10m would not be getting full value for him at all. It would in fact be a huge mistake to sell for that amount.

    Season 19/20

    in Football related - Discussion of non TA football

    Posted

    2 hours ago, AndyDD said:

    Clarke DOES rate Jack. He called him up in two of his 3 squads and Jack got injured during one squad and pulled out injured before the games in the other. 

    And yet somehow Clarke is a clown? Yeesh. 

    Scotland's performances and results under Clarke have been woeful so far. I hope he turns it round but that's what his tenure as Scotland manager will be judged by.

    Season 19/20

    in Football related - Discussion of non TA football

    Posted

    1 hour ago, Squirrelhumper said:

    So you'll admit he had the better of Gerrard the full time he was at Killie? Only time he had upper hand was when we got our goalie sent off within minutes of the game starting!

    Clarke took more points of Rangers than any other team, called you out for being bigots and those dropped points cost you the league.

    At lease admit that's why you don't rate him rather than the fact you think he's a pish manager.

    He told a few home truths and the orcs didn't like it.

    PS - Good to see you lot have made the headlnes again last night with songs about Tommy Burns and Browns sister.

    Stay classy!

    Someone's rattled hahaha. I get you love Clarke but he's not that good a manager at international level. Just my opinion and I expect we will look back at the Strachan time with more clarity realising we made a mistake getting rid.

    Has nothing to do with his team's performances against us which were good and admirable I will admit. Gerrard did put Killie out of both cups though which you didn't mention.

    Season 19/20

    in Football related - Discussion of non TA football

    Posted

    1 hour ago, Squirrelhumper said:

    Jack should be in the squad but there's better players ahead of him.

    Not in this form anyway.

    1 hour ago, Squirrelhumper said:

    Clarke absolutely owned Gerrard last season, so if you don't rate Clarke then I can only imagine your feelings on Slippy.

    Yeah, that's not how football actually works.

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