Rangers Football Club

Moshni given 2 game ban for headbutt, so he is 'set' to miss 2mrws nights home Ramsdens cup game v Hibs (cmon hibs!! ) and their debut in division 1 v Hearts (cmon Hearts!!) at home on Saturday

we all know they will appeal and he will play those 2 games though

tonyjaa wrote: Moshni given 2 game ban for headbutt, so he is 'set' to miss 2mrws nights home Ramsdens cup game v Hibs (cmon hibs!! ) and their debut in division 1 v Hearts (cmon Hearts!!) at home on Saturday we all know they will appeal and he will play those 2 games though

Did he play?

just waiting on the penalty for sevco bingo

AND WE'RE OFF!!


Rangers are facing a fresh financial crisis after failing to convince city investors to sign up to a new share issue, BBC Sport has learned.

The club issued a document to potential and existing investors with a view to raising up to £10m through an investment plan by the end of August.
However, they have so far failed to get the uptake they were looking for.
Investors were asked to buy in at around 25p per share - the current price is around 30p a share.
The presentation document, aimed at selling a stake in Rangers, highlights plans for the club to be financially sustainable by the end of season 2015-2016 through restructuring the business in a strategic three-year plan.

The paper also mentions "the significant revenue opportunity" that would come with the club being back at the top of Scottish football, and points towards potential revenue streams that would follow from competing in the Champions League.

****A timetable of events within the document promises to reveal details on 25 July - but that deadline has now passed due to the lack of interest.*****

Rangers manager Ally McCoist and chief executive Graham Wallace
Wallace set out plans for a share issue in April.
It was always the board's intention to raise more cash through a new share issue but it is understood the lukewarm response is causing concern at boardroom level.

As part of his 120-day review published in April, chief executive Graham Wallace said he would look at a new rights issue later in the year "when the climate will be better for us".

It now seems the board may have misjudged the mood in the city regarding Rangers as a business proposition.
The club's finances have been under the spotlight for some time and earlier this year the club secured short-term loans totalling £1.5m from shareholders Sandy Easdale and George Letham.
*****Those loans must be paid back by the end of August but questions are now being asked about the club's ability to meet that deadline.*****

The situation is reaching a critical stage as fans continue to vote with their feet and their wallets.

Supporters remain split over their backing of the board and it is understood less than 20,000 season tickets have been sold, compared to the 38,000 sold last year - figures that are adding further strain on finances.

The board will now pursue fund-raising alternatives, one option is to secure a new loan and launch a smaller share issue aimed at raising around £4m by the end of the year.

Edited by tonyjaa - 06 Aug 2014 at 4:09pm

http://www.philmacgiollabhain.ie/then-she-spat-out-her-coffee/#more-4923

jackshat wrote: You bitter goons going to admit that Scottish football needs Rangers back in the SPL yet?

What do you think that will do?

The issue with Celtic is the lack of investment in the squad.

How much of the 20m+ that Celtic earned from the CL his been invested back into the team?

The Rangers International Football Club have never been in the SPL

CL football is worth more than £20 million is it not?

Not that I think you deserve a response, but I just want to highlight the situation at the club

Neil Lennon, in his first transfer window as Celtic manager, signed 8 players to the club before the 3rd round qualifying tie against Braga in 2010. He spent 7.4 million doing so. Prior to this Celtic had not won the league since 2008, sold key players in Aiden McGeady and Artur Boruc, and had not competed in Champions League the previous season.

Ronny Deila has signed one player on loan before his 3rd round tie against Legia Warsaw. The club has won 3 league titles in a row, and competed in the Champions League the previous 2 seasons.

They have sold key players such as Gary Hooper, Victor Wanyama and Kelvin Wilson for 20.5 million. And they even got 6 million for Ki Seung Yeung who was not even starting in the first team. None of these players have been replaced.

However, the club is not in debt. Celtic are not in financial disarray. This is the direction the club has been heading ever since Lennon took charge. Only once in his 4 seasons did he spend more than he recouped, in 2011-12.