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The All New Sevco Back in Yer Bin Thread; Taking out the trash
Topic Started: 29 Apr 2018, 04:24 PM (2,086,914 Views)
johnny88
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I reckon he is peaved because both Whyte & Green pocketed a decent wedge from the gullible and he is onto nothing, if only he had a box of Yorkshire Blend T-Bags.
Edited by johnny88, 8 May 2018, 09:03 AM.
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murphio
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In his ramblings about Celtic being guaranteed Champions League revenue; did he completely forget we have several very tricky qualification rounds to negotiate first? And does he genuinely believe we are financially geared to just completely ignore this? You'd have thought Progres would have loomed large in his thoughts before opening his mouth. Even if, by some miracle, Steven Gerrard manages to win a league title with no significant investment going head to head with an experienced manager; there is no guarantee at the end if it all they will end up in the Champions League. In fact it is extremely unlikely. The man is a nutcase. Fair play though in managing to convince Steven Gerrard to come to Scotland with the promise tomorrow of snake oil and magic beans. Incredible.
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An Piobaire
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TheGloryYears
8 May 2018, 08:11 AM
IainG
8 May 2018, 07:53 AM
An Piobaire
8 May 2018, 06:58 AM

Quoting limited to 3 levels deephttp://www.thenational.scot/news/16209862.Rangers_chairman_Dave_King_on_the_Takeover_Panel__Graeme_Murty__Steven_Gerrard__Paul_Murray__Alfredo_Morelos_and_more/

TOP are bullies, Rangers will only to start making a profit when we are back playing Champions League and Celtic are a "house of cards" and Rangers will collapse them.

The penny shareholders in Rangers won’t get the 20p the TOP are demanding because the offer won’t actually happen.

DK: The penny shareholders are not enough to get it across the line.
So are they..................pack of Jokers!
Oi !

:nono:

http://kerrydalestreet.co.uk/single/?p=30869079&t=11072431
Mea culpa, TGY, must pay better attention.
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Wanyerma
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Reflecting more on the insane ramblings, a more serious point re his mention of us came to mind. How is what he says not bringing the game into disrepute? I know the SFA will SFA, but rambling nonsense re the business dealings of an SFA member ( a PLC at that) is surely sanctionable?

Perhaps minor in the grans scheme of laughs, but.....
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Ricky Spanish
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They’re going to end up going bust aren’t they :lol:
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Luca
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Gothamcelt
8 May 2018, 08:11 AM
Dave Kings Q&A.
The TOP is an irrelevance and nothing to do with the club and wants the media to stop talking about it. DK on TOP "I have spent a lot of my life with people telling me what they are going to do to me. Twenty years. I’m still here". Also saying that they never sold Morales because the money wouldn't be used to pay loans they have an agreement that it would be investe din the squad. He also says that Pena cannot come back to the club until January.
Spoiler: click to toggle
Quote:
 
There is no intention of repaying the loans, it’s not going to happen, no loans will be repaid, so that wouldn’t have helped us in that regard.


Eh?! :ponder:
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spartacusthethird
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Just saw a tweet that they've provisionally been denied a licence to play in Europe and they are at this moment going through an appeals process.

Anyone?
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Luca
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spartacusthethird
8 May 2018, 09:20 AM
Just saw a tweet that they've provisionally been denied a licence to play in Europe and they are at this moment going through an appeals process.

Anyone?
Can you post the link for the tweet?
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el hombre malo
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spartacusthethird
8 May 2018, 09:20 AM
Just saw a tweet that they've provisionally been denied a licence to play in Europe and they are at this moment going through an appeals process.

Anyone?
Thread here : https://twitter.com/timomouse/status/993718303725154305

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SaMule
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It's true that getting the right manager in would be the most important thing that Sevco could do to stop us from winning the title next year. I don't believe for one second that Gerrard is that manager, but the principle is reasonable enough.

It shouldn't be ignored that their squad of players is, well, shampooe. Gerrard could be the new Guardiola, but Andy Halliday sure as hell ain't the new Iniesta. At best they might be able to afford two or three players who'd be good enough to play for us, but that still leaves us with eight players on the pitch who are better than theirs.

And then there's the bizarre claim that a year without CL football would ruin us. We've only qualified twice in the last four years, and yet somehow the lights are still on at Celtic Park. In any case, even if the unthinkable were to happen and they were to pip us to a league title, they'd have to qualify for the CL themselves, via a much harder route than we've earned the right to have, in order to come anywhere close to narrowing the financial gulf between the two clubs. That would require such significant Progres in the playing side that I find it hard to believe that even the most credulous of huns truly believes in their little black heart that they could really make the most of that solitary shot that they might have.
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Ned Rise
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Only managed to read half of that last night but my initial thoughts were that this is a crazy person.

I think it's fair to print the whole lot because people can then see exactly the mountain of shampooe he spews when he gets going. I'm sure there will be a few reactions to it over the coming days and there are a couple of gems in there that will come back to haunt him time after time.

To think, this is the guy they wanted in there. They had their red card protest, their boycott, their march to an empty stadium. The huns forced the issue so that he would get control, undermining a genuine billionaire (unscrupulous as he was) whose hard cash had kept them afloat.

For this?

Not content with their threats against the bank that had been stabilising them so that Whyte could get in, they then championed someone like this.

All those 'Rangers supporters spokesmen' who were on TV every night and in the papers every day seem to have melted away. Yet again, they've made an utter carrot of things and yet again are primarily responsible for the downfall of their club. They saved Rangers. Aye, like a farmer saves his chickens that end up on the Aldi shelves.
Edited by Ned Rise, 8 May 2018, 09:28 AM.
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Tam Haas
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Their joy from Friday has been very short lived.

The huns I know genuinely thought yesterday was going to be some announcement about £30m coming in from the Far Eat just to spend on players or even better, Minty was returning (they hate him, but wouldn't say no to him giving them money).

There was zero logic to it, simply that Stevie G wouldn't be there without a warchest. I mentioned that he was the one who'd landed on his feet in getting this chance, so wasn't really in any position to start making demands, but this was too confusing for them.

Hopefully Del doesn't shampooe it tonight & we get yet more laughs from the day!
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johnbhoy1958
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Lobey Dosser
8 May 2018, 08:02 AM
Looks like the final ravings of a loser who is bowing out but wants to be thought well of by the rancid hordes.

His hands are tied by the TOP and that makes him a non participant, but gives him the thinnest veil of cover to blame someone else for his failures. TOP bullies.

If as he says, loans will not be repaid and the other members of the concert party cannot be involved in a rights issue, that leaves really only Park and Johnston to clear the mess.

I fancy a board room coup shortly where King is ousted, and an attempt is made by the surviving non conflicted members to re-float the ship.

The story is not about what a Sevco team can or will do to topple Celtic, but about can the King's men put humpty dumpty together again.

My guess is via administration.

Said this for a while now.They need total restructuring & it may need administration not just to deal with the debt problem,but also to send a message to the most gullible fans in the world,that contrary to everything GLIB has told them,their club is in dire straits(well they do believe in "Money for Nuthin' :) ).
IMO this is a worry for Park & Co.A total rebuilding job would require the support of the fans and as we know,they actually do walk away when times get tough.Administration would also mean no European football for 3 years I think so no income from that source.
If estimates are correct then around £100m would be needed to refloat TRFC,allowinf for stadium upgrades etc.These have to be done.You can't just ignore them & use any cash to stop Celtic.
So you're talking about long term financial commitments from the board & the fans to build a sustainable business.10 years minimum(It's taken us 24 years to get to where we are).
Park & Co will allow for this if they decide to go down this route.The big worry for them though,& it's a genuine one,is that they have doubts that the fans,and they'll need lots of them,will stick around long term.Look at the mess of the current attempts at fans groups.Club 1872,Rangers 1st etc.Everyone a shambles.At the 1st sign of proplems,especially if results on the field aren't going their way,large amounts who signed up to give monthly donations will vanish,throwing budgets into chaos.
Hard to see a way out for der Hun that's not slow & painful.
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tomtom
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johnbhoy1958
8 May 2018, 09:28 AM
Lobey Dosser
8 May 2018, 08:02 AM
Looks like the final ravings of a loser who is bowing out but wants to be thought well of by the rancid hordes.

His hands are tied by the TOP and that makes him a non participant, but gives him the thinnest veil of cover to blame someone else for his failures. TOP bullies.

If as he says, loans will not be repaid and the other members of the concert party cannot be involved in a rights issue, that leaves really only Park and Johnston to clear the mess.

I fancy a board room coup shortly where King is ousted, and an attempt is made by the surviving non conflicted members to re-float the ship.

The story is not about what a Sevco team can or will do to topple Celtic, but about can the King's men put humpty dumpty together again.

My guess is via administration.

Said this for a while now.They need total restructuring & it may need administration not just to deal with the debt problem,but also to send a message to the most gullible fans in the world,that contrary to everything GLIB has told them,their club is in dire straits(well they do believe in "Money for Nuthin' :) ).
IMO this is a worry for Park & Co.A total rebuilding job would require the support of the fans and as we know,they actually do walk away when times get tough.Administration would also mean no European football for 3 years I think so no income from that source.
If estimates are correct then around £100m would be needed to refloat TRFC,allowinf for stadium upgrades etc.These have to be done.You can't just ignore them & use any cash to stop Celtic.
So you're talking about long term financial commitments from the board & the fans to build a sustainable business.10 years minimum(It's taken us 24 years to get to where we are).
Park & Co will allow for this if they decide to go down this route.The big worry for them though,& it's a genuine one,is that they have doubts that the fans,and they'll need lots of them,will stick around long term.Look at the mess of the current attempts at fans groups.Club 1872,Rangers 1st etc.Everyone a shambles.At the 1st sign of proplems,especially if results on the field aren't going their way,large amounts who signed up to give monthly donations will vanish,throwing budgets into chaos.
Hard to see a way out for der Hun that's not slow & painful.
"Hard to see a way out for der Hun that's not slow & painful."

Music to the ears of anyone who lived through the late 80's and 90's :worthy: :worthy:
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Luca
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Could someone please explain, in layman's terms, how a share issue / offer works?

King expects to get £6m from doing so, but does it not require individuals to actively invest that money? Who is going to come forward at this stage, knowing that the whole thing is fecked from top to bottom?

Or am I misunderstanding how it works?

As an aside, i just arrived in work and the Huns in the office are tying themselves in knots doing the maths to figure out how much Gerrard has to work with. So far we have £6m from King, £10m from Hummel, £12m from Morelos and then maybe another £5 to £10m from season ticket sales. "That roughly works out at the £30m that King guaranteed us." :ffs:
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AidanCelt
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pollyc
7 May 2018, 09:29 PM
Once they run out of money for the lecky I can imagine a couple of fuds using bikes to power the stadium
Ohh they are so fecking skint
I'm sure they have a bike in their trophy cabinet. Right next to the lucozade bottle. :lol:
Edited by AidanCelt, 8 May 2018, 09:48 AM.
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corsica1968
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tenerifetim
8 May 2018, 08:50 AM
TheScotsman
8 May 2018, 08:42 AM
Ipswichbhoy
7 May 2018, 06:25 PM
I am no economist but surely every share issue reduces the value of existing shares. There is no added value to the company - it is just a way of parting fools/orcs from their money. Also, surely the share offer the GASL must make will be effected? If they go on having share issues the value of each share currently must be bombing rather than sticking at 27p or whatever it is. Not that I gaf the sooner that horde is out of business for good the better.
Theoretically the shares before and after should e worth the same
If a company has 1m issued shares valued at £1 each and has £1m of assets
Then it issues another 1m shares at £1 each, it now has £2m of assets (the original £1m assets plus £1m cash in bank)
So there would now be 2m shares worth £1 each
(This ignores costs of issue)

Solution of control occurs where, say, someone owned 10% of them (100,000 shares @ £1 = £100,000) before the new issue but can’t afford to buy anymore
That investor therefore has the same number of shares (still 100,000 shares @ £1 = 100,000) but now it’s only 5% of the £2m company

All theory and doesn’t include any allowances for WATP
Surely if the shares are issued at a discount to only to a select few then overall for those who get them , the average price will drop and for the others the price will drop as well as their % holding ?
I believe he’s only putting that out there to try to convince the gullible that accepting his TOP offer doesn’t make sense as they’ll soon be able to double their holding at a much lower price. In essence, inviting everyone to double-down on black with the last throw of the dice.
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Gonga
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AidanCelt
8 May 2018, 09:37 AM
pollyc
7 May 2018, 09:29 PM
Once they run out of money for the lecky I can imagine a couple of fuds using bikes to power the stadium
Ohh they are so fecking skint
I'm sure they have a bike in their trophy cabinet. Right next to the elucidate bottle. :lol:
I think you need to lucozade your point a little clearer.
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Jamkat
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Wonder if Ge55ard :ffs: has a break clause in his contract ?

Reading stuff from King's presser, the new "he ticks all the boxes bar managerial experience" manager must be wondering WTF he has let himself in for :lol:
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nakasboots
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I liked the bit from a few pages back about 'from the outside in, and inside out'.

I had literally no idea what it meant, so even quoting it won't help anyone.

He's gone full Cantona, without actually being French or philosophical.

I think he must have mental health problems.
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