michael duffy
Well-known member
Their going to blame the pandemic,for an administration event? but what if they were financially phuqed prior to that?
was that the the reason they have'nt produced interim accounts?
was that the the reason they have'nt produced interim accounts?
boab1916
Well-known member
Crisis what crisis
- David Fowler
- 6 Nov 2019, 16:03
The Ibrox club's 2019 annual report reveals the auditors have a 'significant doubt' over their ability to continue as a going concern due to a £10million funding gap.
Last edited:
K
kelly
Guest
That was my take from the begining ,they would call for the prize money to be payed out and the european places finalised then hit the admin button and take the hit this year
Is this the beginning of the end..
HH
but at the same time be as disruptive with the rest of scottish football while there at it
do some mud slinging to distract everyone
If the village idiot is hinting at this then it's a goer , i wonder where sevcos financial results have disappeared to ,as they were supposed to be in begining of april
anyone would think this investigation shit is a smokescreen covering them and the spfl/sfa ,cause now kings walked nobody can guarantee additional funds to see out the season ,Noal was a an arse covering for king but he's gone
Are sevco about to get another european licence from there friends at hampden ,,,,,so much for ffp
boab1916
Well-known member
POD
Well-known member
Thinking Aloud - All help appreciated.
I'm interested in Ashley's position in all of this. The timing of the court's judgement will be crucial. If it is given before administration then they have to be dead ducks,considering Close Brothers, deferred wages and King's loan.
If given after going into administration then I would think that it would have to be added to the already existing debt. Would this then cause a rethink from administrators and result in a push towards liquidation?
Also todays announcement of money from UEFA towards helping clubs in difficulty is interesting. Will it be shared equally between all 42 clubs? If not, why not. What criteria will be applied otherwise ? I make it roughly £100,000 per club if shared equally. Not a life saving figure for them.
The game is all about time - buy enough time to get season ticket money in and their share of Europa League money. The talking big is to distract and again create an impression that they are too big to fail in the hope that it will influence some creditors. Ashley, Lenders of the Last Resort like Close Brothers and the higher earning players' advisors will see straight through this and won' t be caught. Good luck Messrs Park and Robinson. HH
I'm interested in Ashley's position in all of this. The timing of the court's judgement will be crucial. If it is given before administration then they have to be dead ducks,considering Close Brothers, deferred wages and King's loan.
If given after going into administration then I would think that it would have to be added to the already existing debt. Would this then cause a rethink from administrators and result in a push towards liquidation?
Also todays announcement of money from UEFA towards helping clubs in difficulty is interesting. Will it be shared equally between all 42 clubs? If not, why not. What criteria will be applied otherwise ? I make it roughly £100,000 per club if shared equally. Not a life saving figure for them.
The game is all about time - buy enough time to get season ticket money in and their share of Europa League money. The talking big is to distract and again create an impression that they are too big to fail in the hope that it will influence some creditors. Ashley, Lenders of the Last Resort like Close Brothers and the higher earning players' advisors will see straight through this and won' t be caught. Good luck Messrs Park and Robinson. HH
Commo Estas 64
Well-known member
They have achieved nothing this year but debt.... trying not to smile, 
they are in desperation, biting anyone. how low can these guys sink?
they are in desperation, biting anyone. how low can these guys sink?
michael duffy
Well-known member
TartanTim
Well-known member
WURS THE DEEEDS, WE UR RA PEEPUL, WE LET OUR CLUB DIE, KING SAID HE'D STOP 9, ADMINISTRATION IS ON HORIZON, - 15PTS DEDUCTION AT THE END OF NEXT SEASON, NO EUROPEAN FOOTBALL FOR A SEASON OR TWO, WE'LL DAE 55 BEFORE YEE, AYE RANGERS YEE LET YER CLUB DIE!
FUR THE LURKERS
YER CLUB LIES & NO ACCOUNTS IS GOINIE GET YEE BANNED UNDER FFP, GIRFUY YA DELUDED CUNTS! YER BEYOND FUCKING SAVING, OH RANGERS MARK 2 "" GOING FUR ADMINISTRATION!
FUR THE LURKERS
YER CLUB LIES & NO ACCOUNTS IS GOINIE GET YEE BANNED UNDER FFP, GIRFUY YA DELUDED CUNTS! YER BEYOND FUCKING SAVING, OH RANGERS MARK 2 "" GOING FUR ADMINISTRATION!
Imatim
Well-known member
...................................
And so the plot thickens.....or perhaps sickens would be a better way of putting it
Imatim
Well-known member
Imatim
Well-known member
K
kelly
Guest
Anyone know what there split of the europa league pot will be,it may be enough to save them through the lockdown till ST money comes in
Ashleys case will may take a huge chunk out of st money if the court ever get's it's finger out it's arse ,if only justice dragged it's feet for the common man
These factors could cast doubt that they will call admin just now but you never know
europa league pots not massive but it will throw them a lifeline
If they do throw admin maybe this time we'll get to know who owns ra deeds
lennono
Well-known member
Has Ashley sold Newcastle yet......he may end up buying the huns…..Now imagine that scenario....The huns hate him....but if he was putting his money into them....he would become a hero to them.....From baddie to hero....just like that.....Lets put a statue up for Mike Ashley....he saved our club...just like King did.....
K
kelly
Guest
Think he enjoys pumping them they way he does right now with less hassle , just sit on the sidelines watch the mutants get all lardy then slap them down
I just think this would be poetic if it actually happened!! How much sh1t they would have to swallow then!!!
HH
The Shamrock
Well-known member
Don't think big Mike would want anything to do with that pus-filled excuse for a football club now, apart from rinsing them for millions of course. 
lennono
Well-known member
Don't think big Mike would want anything to do with that pus-filled excuse for a football club now, apart from rinsing them for millions of course.
The only thing big Mike thinks aboot is makin money......He may have visions of Ragers playin in Europe wi Sports Direct on their jerseys.....
