Toepoke Posted September 23, 2021 Share Posted September 23, 2021 What's Kirk Hammett got to say about it? Quote Link to comment Share on other sites More sharing options...
chaff Posted November 6, 2021 Share Posted November 6, 2021 Rangers reveal £23.5m operating loss as Covid hits revenues - BBC Sport Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted November 6, 2021 Share Posted November 6, 2021 1 hour ago, chaff said: Rangers reveal £23.5m operating loss as Covid hits revenues - BBC Sport Quote Link to comment Share on other sites More sharing options...
euan2020 Posted November 6, 2021 Share Posted November 6, 2021 1 hour ago, chaff said: Rangers reveal £23.5m operating loss as Covid hits revenues - BBC Sport no surprises there Quote Link to comment Share on other sites More sharing options...
thplinth Posted November 6, 2021 Share Posted November 6, 2021 (edited) I think it is only fair they change the thread title back to Rangers in Crisis or perhaps... Rangers are Rocking; Admin1's Financial insight inside. 😀 Edited November 6, 2021 by thplinth Quote Link to comment Share on other sites More sharing options...
chaff Posted November 6, 2021 Share Posted November 6, 2021 what's going to happen when Park want the loans repaid? Are Rangers going to break even never mind turn a profit? Will they need to sell a load of players in january? Will they die the same year as the queen? Quote Link to comment Share on other sites More sharing options...
Big Ramy 1314 Posted November 6, 2021 Share Posted November 6, 2021 1 hour ago, chaff said: what's going to happen when Park want the loans repaid? Are Rangers going to break even never mind turn a profit? Will they need to sell a load of players in january? Will they die the same year as the queen? Oh ma sides.. 🤣🤣🤣🤣🤣🤣🍺🍺🍺🍺🍺🍺 Quote Link to comment Share on other sites More sharing options...
Och Aye Posted November 6, 2021 Share Posted November 6, 2021 VID-20211101-WA0000.mp4 Quote Link to comment Share on other sites More sharing options...
Big Ramy 1314 Posted November 6, 2021 Share Posted November 6, 2021 2 minutes ago, Och Aye said: VID-20211101-WA0000.mp4 Ahm lovin it..🤣🤣🤣🤣 Quote Link to comment Share on other sites More sharing options...
mr mojo risin Posted November 6, 2021 Share Posted November 6, 2021 Doesn't seem to matter though does it, every season I read about how much they need just to survive and every season they magic it up from somewhere? Wish we had someone with pockets deep enough to not care and win trophies. Quote Link to comment Share on other sites More sharing options...
slasher Posted November 6, 2021 Share Posted November 6, 2021 🤣 Quote Link to comment Share on other sites More sharing options...
chaff Posted November 10, 2021 Share Posted November 10, 2021 Quote Link to comment Share on other sites More sharing options...
Diamond Scot Posted November 10, 2021 Share Posted November 10, 2021 Looks like Gerrard will be off. He leaves Rangers in a much better position and the managers job will be much more attractive now. 4 points clear in the league, possibility of getting out of Europa group stage but no real pressure as they arent favs, probably the best squad in the league and although Celtic have impressed much more than many, myself included this season they still look like they will drop points. Winner if the league goes into champions league proper so thats a big incentive aswell. Quote Link to comment Share on other sites More sharing options...
euan2020 Posted November 11, 2021 Share Posted November 11, 2021 18 hours ago, Diamond Scot said: Looks like Gerrard will be off. He leaves Rangers in a much better position and the managers job will be much more attractive now. 4 points clear in the league, possibility of getting out of Europa group stage but no real pressure as they arent favs, probably the best squad in the league and although Celtic have impressed much more than many, myself included this season they still look like they will drop points. Winner if the league goes into champions league proper so thats a big incentive aswell. football wise maybe - 38 Million of losses last 2 years, likely 50 last 3, and soft loans since he arrived Quote Link to comment Share on other sites More sharing options...
Diamond Scot Posted November 11, 2021 Share Posted November 11, 2021 17 minutes ago, euan2020 said: football wise maybe - 38 Million of losses last 2 years, likely 50 last 3, and soft loans since he arrived Rightly or wrongly im not sure how how much attention an incoming manager would pay to that if he is given assurances about budget etc. Its hard to tell what state Rangers are in financially. Clearly they are still operating at a huge loss but to a certain extent it is being managed and to me it appears that there has been signs of a levelling off. For example 23 million in a year seems like a huge loss (and it is) however alot of that is down to Covid. Celtic is regarded as running a very financially sound club and they made loss of 11.5 million last year. If you believe what you read, Rangers were tied into all kinds of contracts that werent good for the club under Ashley. It would take time to get out of these / let them expire and then put in place better contracts. From what ive seen Rangers have increased the number of partners but the value ler partner is still relatively low compared to what you might expect. This should improve over time as the club continues to be either winning the league or challenging for it. Add in the pot of gold for Champs league and things have the potential to look very different next year. That being said, if Celtic win the league Rangers might be faced with having a clear out to balance the books. Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted November 17, 2021 Share Posted November 17, 2021 Van Bronckhorst more or less a done deal. Pretty happy with that appointment. Quote Link to comment Share on other sites More sharing options...
vanderark14 Posted November 17, 2021 Share Posted November 17, 2021 Anyone else feeling very meh about club football being back this weekend? Its shite compared to watching Scotland now 🤣 Quote Link to comment Share on other sites More sharing options...
Toepoke Posted November 18, 2021 Share Posted November 18, 2021 Orange strips will be out in force this weekend... Quote Link to comment Share on other sites More sharing options...
kumnio Posted November 18, 2021 Share Posted November 18, 2021 That is sadly a very good appointment for them, and a step up from the Scouse wanker. Quote Link to comment Share on other sites More sharing options...
slasher Posted November 18, 2021 Share Posted November 18, 2021 21 hours ago, Fairbairn said: Van Bronckhorst more or less a done deal. Pretty happy with that appointment. A fine player and a decent fella by all accounts. Not sure what kind of manager he'll be but at least the huns didn't fuck about with his appointment. Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted November 18, 2021 Share Posted November 18, 2021 Just now, slasher said: A fine player and a decent fella by all accounts. Not sure what kind of manager he'll be but at least the huns didn't fuck about with his appointment. Won something like 4 trophies in 3 years at Feyenoord including their first league title in 18 years so parallels with Gerrard with us (except the 4 trophies, obvs). Apparently also plays a similar style to the one we have currently so seems a good fit. Quote Link to comment Share on other sites More sharing options...
slasher Posted November 18, 2021 Share Posted November 18, 2021 1 minute ago, Fairbairn said: Won something like 4 trophies in 3 years at Feyenoord including their first league title in 18 years so parallels with Gerrard with us (except the 4 trophies, obvs). Apparently also plays a similar style to the one we have currently so seems a good fit. Could be very good then if he gets some spending money 👍 Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted November 18, 2021 Share Posted November 18, 2021 4 minutes ago, slasher said: Could be very good then if he gets some spending money 👍 That’s a big if. I’m guessing it’s a sell to spend model. Or it should be anyway. Quote Link to comment Share on other sites More sharing options...
slasher Posted November 18, 2021 Share Posted November 18, 2021 3 minutes ago, Fairbairn said: That’s a big if. I’m guessing it’s a sell to spend model. Or it should be anyway. A bit more tricky for him then especially if the buyers aren't lining up. As you say though, this is the perfect opportunity for them to 'get real' financially. Quote Link to comment Share on other sites More sharing options...
thplinth Posted November 18, 2021 Share Posted November 18, 2021 I don't think people have grasped the rangers business model. They wildly overspend to buy the league and then rich benefactors come in and bail them out through fresh capital, soft loans or whatever. This went on for the 125 years before the went into liquidation and it has resumed in the years post liquidation with the new club. Big losses, new capital; to keep afloat. It is a pattern you are going to see over and over. The ONLY reason this model failed was they bit off more than the next guy could chew with the EBTs and HMRC. That was the only reason the wheels came off. The chances of them being that monumentally stupid again are (you would think) quite slim at least in the medium term. So they will be 'fine' but they will continue to over spend and rely on sugar daddies (of a blue nose persuasion) who are quite happy to bankroll their 'success'. I honestly don't understand how FIFA fair play rules do not apply. It is the most blatant long term structural 'buying of the league' in the western world. To the point they almost suffocated the Scottish league. Look at how poorly we have developed since the 80's versus English Football which went stratospheric just by not being managed by the SFA and having two clubs have a monopoly over decision making. We ended up with a stale boring uninteresting product that no one want to buys in comparison. Quote Link to comment Share on other sites More sharing options...
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