Turns out rfc ltd owe the parent company RIFC 16million where is the board leading us and why are we following?
Saw this posted a few times with a link to and article seems legit shocking if true wages were 99% OF TURNOVER.
rangers fc ltd
posted on 10/4/14
My 'wumin' days are Tuesdays and Saturdays.
posted on 10/4/14
Some of this isnt realy new information
It was reported last October that the staff costs were £17.6m
This report is saying the same
The actual playing staff costs is detialed here as £7.8m
Thats a wages/turnover ratio for the squad is about 40%.
Thats the figure we had before
The uproar after the previous accounts, from me, was at the staggering £10m spent on wages outwith the playing staff!!
posted on 10/4/14
Lol hope its no men days rest oh the week
posted on 10/4/14
Yeah player costs are high but its frightening where the other 60% goes
posted on 10/4/14
It's essentially a bookkeeping entry when IPO money was transferred from RIFC plc to TRFC Ltd. In theory anyway, Companies have no debts apart from the well documented loan we know about.
posted on 10/4/14
Zzzzzzzzzzzzzzzzzzzzzzzzz
posted on 10/4/14
Hope you're no sleeping at work Laudrup lol
posted on 10/4/14
Laudrup ?
Work ?
posted on 10/4/14
comment by The Mighty Quinn (U4099)
posted 40 minutes ago
Laudrup ?
Work ?
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Cheeky bastird, i work from home(sometimes)
posted on 10/4/14
<Cheeky bastird,>
Thanks for noticing.