That mob

From the Chris Jack copy/paste article in The ET tonight;

"…

An email to [Club 1872] members on Monday read:

“The Club 1872 board is pleased to inform members that we have the opportunity to purchase a further 2.5 million shares in RIFC, from the company, at a price of 20p per share – the same terms as the recent conversions of soft loans by other investors."



"This purchase will cost £500,000 with all funds going into Rangers.

Available funds from Club 1872 Shares CIC can be committed for this purpose by the Club 1872 board but in order to purchase the full share allocation, a poll of members is required for the use of funds from Club 1872 Projects CIC.

“Members are asked to vote below on whether they authorise £235,000 of funds from Club 1872 Projects CIC being used to purchase 1,175,000 shares in RIFC to be held by Club 1872 Projects CIC.

If the vote passes, this will mean that the combined Club 1872 shareholding will rise to 16,202,838 shares in RIFC representing 6.47% of the company. This will move Club 1872 from the 6th to the 4th largest shareholder in RIFC and increase our current percentage shareholding by 1%.

This poll will close on 2nd November 2019 at midnight.”
 
From the Chris Jack copy/paste article in The ET tonight;

"…

An email to [Club 1872] members on Monday read:

“The Club 1872 board is pleased to inform members that we have the opportunity to purchase a further 2.5 million shares in RIFC, from the company, at a price of 20p per share – the same terms as the recent conversions of soft loans by other investors."



"This purchase will cost £500,000 with all funds going into Rangers.

Available funds from Club 1872 Shares CIC can be committed for this purpose by the Club 1872 board but in order to purchase the full share allocation, a poll of members is required for the use of funds from Club 1872 Projects CIC.

“Members are asked to vote below on whether they authorise £235,000 of funds from Club 1872 Projects CIC being used to purchase 1,175,000 shares in RIFC to be held by Club 1872 Projects CIC.

If the vote passes, this will mean that the combined Club 1872 shareholding will rise to 16,202,838 shares in RIFC representing 6.47% of the company. This will move Club 1872 from the 6th to the 4th largest shareholder in RIFC and increase our current percentage shareholding by 1%.

This poll will close on 2nd November 2019 at midnight.”

Roll up roll up, penny a share now folks, penny a share.
 
Roll up roll up, penny a share now folks, penny a share.
Evening times begging bowl appeal on their behalf to get the message out paints the picture of 1872 gulli bears increasing their share with no mention that actually shares are been diluted to accomadate the shares, they are basically trading insolvent, FFP should be all over this, but its the SFA. Why The Feck a so called club need to go the well for £500.000 should be questioned. Accounts due soon how much to sign them off i wonder.
 
From the Chris Jack copy/paste article in The ET tonight;

"…

An email to [Club 1872] members on Monday read:

“The Club 1872 board is pleased to inform members that we have the opportunity to purchase a further 2.5 million shares in RIFC, from the company, at a price of 20p per share – the same terms as the recent conversions of soft loans by other investors."



"This purchase will cost £500,000 with all funds going into Rangers.

Available funds from Club 1872 Shares CIC can be committed for this purpose by the Club 1872 board but in order to purchase the full share allocation, a poll of members is required for the use of funds from Club 1872 Projects CIC.

“Members are asked to vote below on whether they authorise £235,000 of funds from Club 1872 Projects CIC being used to purchase 1,175,000 shares in RIFC to be held by Club 1872 Projects CIC.

If the vote passes, this will mean that the combined Club 1872 shareholding will rise to 16,202,838 shares in RIFC representing 6.47% of the company. This will move Club 1872 from the 6th to the 4th largest shareholder in RIFC and increase our current percentage shareholding by 1%.

This poll will close on 2nd November 2019 at midnight.”
The end is nigh?
So lets all share club topicano1872 with club sevco 2012
Makes us number 4, still no seat on the board.
Keep the home fires burning,
While we need some funding,
In Dave King we'll allways trust,
Until we all go bust.
 
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