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Rangers: The shape of things to come?

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posted on 15/2/12

Can’t really compare the Rangers situation with Rovers.

Rangers spend recklessly on players and contracts they couldn’t afford. We on the other hand, don’t spend any money on either!

posted on 15/2/12

fair point, Its not the finances so much as the laughable sympathy for fans who aren't being told anything by the club and how its going to affect families who go there together if they cease to exist. But when the rovers fans tolerate this for a year before snapping, they're treated as horrific creatures.

Preview is an interesting button isn't it... Couldn't help notice how I've referred to Rovers fans as "they" rather than "we" ...interesting, Suppose that just shows how disconnected I am with the club now, maybe its already gone with a whimper

posted on 15/2/12

Rangers' problem is that their creditor is the HMRC to the tune of 75mil.

They are ruthless, unlike banks, as they see it as ripping kiddies, the elderly & infirmed off.

Instead of ring fencing taxes payable, Rangers have been dipping into it for players & salaries.

comment by mcteeth (U2221)

posted on 15/2/12

Chalk and cheese.

Venky's are actually reducing our costs and have the debt in hand.

posted on 15/2/12

my point is more around the opinions on fans:
"Its not the finances so much as the laughable sympathy for fans who aren't being told anything by the club and how its going to affect families who go there together if they cease to exist. But when the rovers fans tolerate this for a year before snapping, they're treated as horrific creatures."

But that's good news, where is the official (or even Newspaper article) statement I can read on that?

comment by mcteeth (U2221)

posted on 15/2/12

Sadly in the world dictated by money and greed it is the little men (families) that feel the biggest loss.

Probably a good job then that we've got a family business running our club then and not an asset stripping bunch of liars...

posted on 15/2/12

I've never subscribed to any asset stripping theories but they are a bunch of liars.

posted on 16/2/12

McT, they don't appear to have the debt in hand as Barclays have grown increasingly concerned during Venkys tenure.

As for cutting costs, well that would only really make sense so long as you don't reduce the quality of the product which would lead to decreasing revenue.

There's 2 ways their plans will work:

1) Short term gain via asset stripping

2) We manage to stay up, the youngsters develop and we improve next year. I'd be delighted if that happened but it's very doubtful...

posted on 16/2/12

what blows a hole in the asset stripping theory is the 8m signing of Dann on deadline day. They could quite easily have seen that day out, signed someone on loan, or even just let the deal fall through (to make it look like they'd at least tried).

I just don't think they realised what they were getting themselves in to.

posted on 16/2/12

Potentially, but it depends on other commercials. What will his resale value be, is he in less money than Jones was etc.

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