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Bye Bye Murray Park???

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posted on 15/8/13

Ok so us Tims think you are in big trouble, you lot think everythings fine let's see how things pan out over the next couple of months.

posted on 15/8/13

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posted on 15/8/13

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posted on 15/8/13

Irvine - Please enlighten me with your opinions on the rangerstaxcase blog?

Were you an avid reader when it was up and running? Where you prone to believing every word of it and preaching to Gers fans about it?

Or did you think, or KNOW, that it was a pile of utter spurious tripe that held absolutely no substance and in fact was downright lies?

My guess is you were in the camp leaning towards the former...

posted on 15/8/13

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posted on 15/8/13

Irvine it's plain as the nose on your face that money is being wasted on high salaries a dividends but why do tims have to exaggerate everything into a major drama

posted on 15/8/13

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posted on 15/8/13

Ginge, so the few pennies and the drop in company value and share price is all for a few pennies per share. Got to be one of the most p1ss poor asset strip I've come across

posted on 15/8/13

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posted on 15/8/13

Ginger

beat me to it ...your maths are improving even if your random numbers aint

posted on 15/8/13

One day you'll thank me.

Doubt it

posted on 15/8/13

Ginge, of course its going up just now!! Theres a battle for control

posted on 15/8/13

Got to be one of the most p1ss poor asset strip I've come across

the spivs are sh!!te at asset stripping


oh the spivs they are sh!!te

posted on 15/8/13

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posted on 15/8/13

It's actually a sensible move as long as they don't thrash out a huge dividend.


Just don't hold yer breath

posted on 15/8/13

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posted on 15/8/13

Increasing due to the power struggle and higher demand for shares. Not some alleged £8.4m injection of cash from asset realisation.

posted on 15/8/13

Can you still type whilst she sucks that?






posted on 15/8/13

but rumours of take overs push them up

another 90000 shares changed hands today

Laxey could make 5% in one week on the investment.

Ranges have not paid a dividend in living memory Im not aware of any Scottish football club that has, and other clubs also have business people investing.
Though some take cash out via loan interest...

I suspect its a good few years until Rangers make any kind of profit so by the time a profit margin that could sustain a dividend is made will also be well in to the future...if ever...

posted on 15/8/13

what about those footers that bought Manu, saddled them with £600 m of debt including the money to buy the club

posted on 15/8/13

Tafka where is the bulk of the money being spent?
-----------
Sorry - bloody work in the way again...

Money being spent? It in running a stadium the size of Ibrox.

In 2010 - the last real audit able finances reported by Rangers - the cost of running Ibrox, Murray park, superstores (not wages or staff) was £13m. (£13.596m to be exact)

Rangers still play the same amount of home games, same amount of cup games and are still attracting the same size of crowd. This figure may have softened slightly but not much.

Yes your wage bill may be down to £7m but the bulk of your spend on these items alone is £20m+.

What was the rangers revenue while in Div 3?

here is a clue - if its less than £20m your team is in the crapper

posted on 15/8/13

another 2 million in shares sold today.

posted on 15/8/13

In 2010 - the last real audit able finances reported by Rangers - the cost of running Ibrox, Murray park, superstores (not wages or staff) was £13m. (£13.596m to be exact)

==

Do you have a link to this information?

posted on 15/8/13

Here you go Duke

http://www.isdx.com/infostore/Company-Accounts/RangersFootball/rangers2010.pdf

posted on 15/8/13

From what I see online the only shares available are at 44p if they have been bought at that price then I would expect the shareprice to go up a wee bit

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