kingdannyb Posted December 1, 2011 Share Posted December 1, 2011 Maybe this well be merged with the main Rangers financial thread but the Glasgow Evening Times says this: Meanwhile, the latest accounts for the club show the debt due within the next year has nearly doubled to ?49.1million. Long-term debts fell from ?38m to ?20.4m. In total, Rangers? debts are up 6% to ?69.4m. Link to comment Share on other sites More sharing options...
The Comedian Posted December 1, 2011 Share Posted December 1, 2011 Link to comment Share on other sites More sharing options...
kingdannyb Posted December 1, 2011 Author Share Posted December 1, 2011 Or more accurately, ?98.1m ! Link to comment Share on other sites More sharing options...
kingantti1874 Posted December 1, 2011 Share Posted December 1, 2011 Not including the raping they are about to receive from HMRC of 50m + ? I like it Link to comment Share on other sites More sharing options...
John McClure Posted December 1, 2011 Share Posted December 1, 2011 :jbsmug: Link to comment Share on other sites More sharing options...
Gregory House M.D. Posted December 1, 2011 Share Posted December 1, 2011 :jbsmug: Who is that by the way? Link to comment Share on other sites More sharing options...
skene11 Posted December 1, 2011 Share Posted December 1, 2011 I'm shite with finances and don't really pay attention to that side of football. Realistically, what's the chances of Rangers going bust? Or going into any other sort of financial meltdown? Stuff like this seems to come out quite often but clubs always seem to survive - Portsmouth being the one that sticks out to me. Link to comment Share on other sites More sharing options...
Gregory House M.D. Posted December 1, 2011 Share Posted December 1, 2011 I'm shite with finances and don't really pay attention to that side of football. Realistically, what's the chances of Rangers going bust? Or going into any other sort of financial meltdown? Stuff like this seems to come out quite often but clubs always seem to survive - Portsmouth being the one that sticks out to me. Going bust's unlikely IMO. Going into administration is nearly a certainty though. Also IMO. Link to comment Share on other sites More sharing options...
2NaFish Posted December 1, 2011 Share Posted December 1, 2011 Who is that by the way? He hasnt posted on this thread and don't want to risk the automatic ban that comes with mentioning his name. Link to comment Share on other sites More sharing options...
JamboAl Posted December 1, 2011 Share Posted December 1, 2011 Maybe this well be merged with the main Rangers financial thread but the Glasgow Evening Times says this: Meanwhile, the latest accounts for the club show the debt due within the next year has nearly doubled to ?49.1million. Long-term debts fell from ?38m to ?20.4m. In total, Rangers? debts are up 6% to ?69.4m. The latest accounts were apparently not signed by Accountants so are not the official position. It doesn't necessarily mean that they are wrong but it doesn't mean they are right either. Unless you have access to a fully certified copy I wouldn't get too excited one way or another. Link to comment Share on other sites More sharing options...
andrew Posted December 1, 2011 Share Posted December 1, 2011 The latest accounts were apparently not signed by Accountants so are not the official position. It doesn't necessarily mean that they are wrong but it doesn't mean they are right either. Unless you have access to a fully certified copy I wouldn't get too excited one way or another. I thought all company accounts had to be signed off by the auditors? Link to comment Share on other sites More sharing options...
The Gasman Posted December 1, 2011 Share Posted December 1, 2011 Going bust's unlikely IMO. Going into administration is nearly a certainty though. Also IMO. ....and the difference is what, exactly? Link to comment Share on other sites More sharing options...
Munch Posted December 1, 2011 Share Posted December 1, 2011 Admin puts a pen through it all newco Rangers pop up tomorrow debt free. Link to comment Share on other sites More sharing options...
Gregory House M.D. Posted December 1, 2011 Share Posted December 1, 2011 ....and the difference is what, exactly? Ones ceasing to exist the other isn't. Link to comment Share on other sites More sharing options...
kingdannyb Posted December 1, 2011 Author Share Posted December 1, 2011 Whatever the truth is, I'm fairly certain that the GFA will do everything they can to keep the ugly sisters going. They are unfortunately here to stay. Link to comment Share on other sites More sharing options...
JamboAl Posted December 1, 2011 Share Posted December 1, 2011 I thought all company accounts had to be signed off by the auditors? Yes, which is why they are worthless as they stand. Link to comment Share on other sites More sharing options...
John McClure Posted December 1, 2011 Share Posted December 1, 2011 Who is that by the way? a dunno, its just a quality smiley Link to comment Share on other sites More sharing options...
Das Root Posted December 1, 2011 Share Posted December 1, 2011 He hasnt posted on this thread and don't want to risk the automatic ban that comes with mentioning his name. Is it Jesus? That'll be just after God said "You get to go down and live on Earth..." and just before God said "...and then they nail you to a cross". Link to comment Share on other sites More sharing options...
jayjay Posted December 2, 2011 Share Posted December 2, 2011 Surely they will just sell Jelavic for 100 million! Problem solved!!! Link to comment Share on other sites More sharing options...
Das Root Posted December 2, 2011 Share Posted December 2, 2011 Surely they will just sell Jelavic for 100 million! Problem solved!!! Given it's Govan, more likely they will try to sell 100 million jellies. Link to comment Share on other sites More sharing options...
jambobroch Posted December 2, 2011 Share Posted December 2, 2011 Who is that by the way? That is the greatest journalist in all of Scotland right there. Link to comment Share on other sites More sharing options...
Hansel Posted December 2, 2011 Share Posted December 2, 2011 Who is that by the way? Beckham? Link to comment Share on other sites More sharing options...
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