Rangers and 49ers

February 21

1 hour ago, stirlo said:

I can't remember the last time I watched a Bundesliga game or a Ligue 1 game let alone a game from somewhere like Sweden or Poland. I'm much more likely to watch a Scottish championship game on a Friday night. Of course you probably get a few more people that might be interested in Scottish games if it was more competitive but you'd be talking a very small number in relative terms.

I watched Freiburg pump Werder Bremen 5-0, challengeing for Champions league football. Better than watching Morton v Falkirk.

Their tactical set up and in game strategy was enough to dominate Bremen. Ive watched Freiburg on and off for a while. Always been very good at Home.

French football is shit.

I like the Norwegian style of football. Attacking, competive. I don't watch it though. Only when teams are in Europe, like Bodo Glimt.

February 22

2 hours ago, michael_bolton said:

England, Italy, and Germany aren't in this conversation.

We're talking about whether our league being more competitive would make it more appealing to outsiders. My argument is it would not.

Hence my point about how many people in Scotland could tell you who won the Swedish or Austrian leagues last season. Nobody has any reason to care. If we started challenging for the league, or Hibs, or Dundee United, that wouldn't change.

Got you.

Selfishly I don't want a largely competitive league. Just enough for Hearts to slide into first and stay there as long as possible would be great. Win cups more frequently at least.

My point about international players stands. Certain nations follow they're favourite players. If we sign them, they follow our club. Celtic have a world wide following. We can't follow that immediately. We can at least stuff them and maybe get it interest that way.

Yeah I've never watched an Austrian league match or Swiss. No real interest. Not to say other countries haven't. They'll follow they're favourite players.

February 22

19 hours ago, HoGwash said:

If these guys already own Leeds, how are they able to take over Rangers? Is there not an SFA rule that limits owners of other clubs to a 25% stake in a Scottish club, like the Black Knights with H1b5.

Dave the lying King last night stated in an interview that reports of a takeover were very wide of the mark 🤔who to believe eh🤔

February 22

19 hours ago, RENE said:

Has any news feed mentioned the SFA rules re multi club ownership?

There has been no contact with who ever as they don’t even know who is actually behind the supposed takeover also Why did Dave King say that reports of a takeover are very wide of the mark , methinks this will turn into a shitshow

February 22

The rangers board/owners have far too much desire to be involved for this to be an easy sale of shares. When was the last time the board was united in anything there

February 22

I simply dont see how this is going to be profitable for the Americans . The problem with football is you need to spend a hell of a lot of money on players in order to gain any success and in a non cash rich league like ours , they money is not there to fund that organically , and the only attainable prize money is from Europe .

The main problem with Europe and more specifically the Champions league , is two teams in to one spot do not go . The second problem is the prize money is not high enough to cover the amount spent on players to get there in the first place , if you even manage to get there ahead of the other team who competes for that spot

Next issue you have are the debts at Rangers . Those soft loans will harden up pdq once a billionaire third party starts hanging around the offices and boardrooms

Finally once all that outlay has been spent to win the league and get through the qualifying rounds of the CL , and the debts to the directors paid off , they maybe take back in £40 m if we are being very generous . How much was spent to make that £40 m ? It would be a deficit surely ? Then the new owners want a profit ? Where the hell is that going to come from

Only way I see this being a legit success is if there has already been an agreement to let these filthy animals join some mutant Atlantic League or whatever it would be called

I am highly skeptical about all of this tbh . Reminds me of the time they were going to build a hover stadium with a super casino and they sponsored a racing car

We shall see though

February 22

1 minute ago, Star Lizard said:

I simply dont see how this is going to be profitable for the Americans . The problem with football is you need to spend a hell of a lot of money on players in order to gain any success and in a non cash rich league like ours , they money is not there to fund that organically , and the only attainable prize money is from Europe .

The main problem with Europe and more specifically the Champions league , is two teams in to one spot do not go . The second problem is the prize money is not high enough to cover the amount spent on players to get there in the first place , if you even manage to get there ahead of the other team who competes for that spot

Next issue you have are the debts at Rangers . Those soft loans will harden up pdq once a billionaire third party starts hanging around the offices and boardrooms

Finally once all that outlay has been spent to win the league and get through the qualifying rounds of the CL , and the debts to the directors paid off , they maybe take back in £40 m if we are being very generous . How much was spent to make that £40 m ? It would be a deficit surely ? Then the new owners want a profit ? Where the hell is that going to come from

Only way I see this being a legit success is if there has already been an agreement to let these filthy animals join some mutant Atlantic League or whatever it would be called

I am highly skeptical about all of this tbh . Reminds me of the time they were going to build a hover stadium with a super casino and they sponsored a racing car

We shall see though

As I read last night the lying king said that reports of a takeover are very wide of the mark 🤔🤔

February 22

2 minutes ago, buzzbomb1958 said:

As I read last night the lying king said that reports of a takeover are very wide of the mark 🤔🤔

I am Jacks complete lack of surprise

Meanwhile in the whisky and BO smelling Hun PR room

image.png.307c8becf053fe0096dc089d5dcb1bc8.png

Edited February 22 by Star Lizard

February 22

On 21/02/2025 at 06:20, Disser Pointon said:

Surely The Glasgow 2012'ers? 🤷🏻‍♂️

“San Fran Sevco” is one I heard 😊

February 22

6 hours ago, buzzbomb1958 said:

As I read last night the lying king said that reports of a takeover are very wide of the mark 🤔🤔

Seems he's up to his neck in the plans though....or he'd like to be seen to be.

https://www.scotsman.com/sport/football/rangers/latest-rangers-news/rangers-takeover-key-figure-breaks-silence-to-lift-lid-on-constructive-talks-5002627

New "off the radar" investors certainly seem to be the only way that he'll ever get any of his money back though.

February 22

8 hours ago, Star Lizard said:

I simply dont see how this is going to be profitable for the Americans . The problem with football is you need to spend a hell of a lot of money on players in order to gain any success and in a non cash rich league like ours , they money is not there to fund that organically , and the only attainable prize money is from Europe .

The main problem with Europe and more specifically the Champions league , is two teams in to one spot do not go . The second problem is the prize money is not high enough to cover the amount spent on players to get there in the first place , if you even manage to get there ahead of the other team who competes for that spot

Next issue you have are the debts at Rangers . Those soft loans will harden up pdq once a billionaire third party starts hanging around the offices and boardrooms

Finally once all that outlay has been spent to win the league and get through the qualifying rounds of the CL , and the debts to the directors paid off , they maybe take back in £40 m if we are being very generous . How much was spent to make that £40 m ? It would be a deficit surely ? Then the new owners want a profit ? Where the hell is that going to come from

Only way I see this being a legit success is if there has already been an agreement to let these filthy animals join some mutant Atlantic League or whatever it would be called

I am highly skeptical about all of this tbh . Reminds me of the time they were going to build a hover stadium with a super casino and they sponsored a racing car

We shall see though

As with all situations where there is a connection between a Scottish club and an English club, you need to consider the impact of Brexit and rhe possible use of the Scottish club as a useful tool for getting work permits for players and as an FFP work around.

This applies equally to Hibs and to us if we end up with any link with Brighton in the future.

It makes a lot more sense than the idea of making money out of Scottish football, which nobody can do.

February 22

17 minutes ago, michael_bolton said:

As with all situations where there is a connection between a Scottish club and an English club, you need to consider the impact of Brexit and rhe possible use of the Scottish club as a useful tool for getting work permits for players and as an FFP work around.

This applies equally to Hibs and to us if we end up with any link with Brighton in the future.

It makes a lot more sense than the idea of making money out of Scottish football, which nobody can do.

I dont see it Mikey B . I think the whole thing is a typical attempt to appease their fans as they face yet another season of failure and a fanbase that cant accept it . Almost time for the season tickets to go on sale I would expect

February 22

1 minute ago, Star Lizard said:

I dont see it Mikey B . I think the whole thing is a typical attempt to appease their fans as they face yet another season of failure and a fanbase that cant accept it . Almost time for the season tickets to go on sale I would expect

Doesn't seem likely, since it;s also being reported by the Athletic now, and not just the Scottish rags. The Athletic is a much more rigorous source.

There's certainly something in the story.

There's also too much detail for it to just be paper talk. To have named the bidder etc and not have it immediately shot down tells you it's not just made up nonsense.

Edited February 22 by michael_bolton

February 22

I posted the following on another thread a couple of days ago, but it's probably more appropriate to include it here:

I think this potential Rangers deal may have been in progress for a few months already. I say that because of the recent share issues (to clear debt?) and an earlier shift of over 50m shares into a nominee share account.

The current share ownership totals on the club's website do not reflect what was stated in RIFC's Confirmation Statement to Companies House dated 16 November 2024. It showed that "Smith and Williamson Nominees" held 52.6m shares (11.76% at the time), while Dave King's shareholding had dropped by 20m, Douglas Park's by 15m, Barry Scott's by 8m, George Taylor's by 7.5m and George Letham's by 2m.

The two recent share issues (40m and 18m) may have diluted S&W's holding to just over 10%, but I do believe that there will be a common reason why a number of the major shareholders appear to have moved part of their holdings into a nominee company. If the 49ers, or any other investor, was looking for a stake in the club, then they would be an oven ready package of shares available to them. The proceeds would go directly to those current shareholders, allowing them to get at least some of their money back.

February 22

18 minutes ago, michael_bolton said:

Doesn't seem likely, since it;s also being reported by the Athletic now, and not just the Scottish rags. The Athletic is a much more rigorous source.

There's certainly something in the story.

There's also too much detail for it to just be paper talk. To have named the bidder etc and not have it immediately shot down tells you it's not just made up nonsense.

We shall see . I have serious doubts about this one . Not saying there is nothing in it , but the actual nuts and bolts of what this involves remains to be seen for me . It feels far more likely that it is the directors wanting some of their money back after allowing the Huns to run up astronomical losses on their soft loans . More of a rescue package than an investment I suspect , similar to Hibs

February 22

21 hours ago, Sergio said:

Rangers super store

That’s what a feeder club’s superstore should look like, surely? 😆

February 22

Result definitely not the best for us but I can’t help but enjoy the turmoil when they are losing 9 minutes injury time too and they couldn’t get a sniff

February 22

1 hour ago, Footballfirst said:

I posted the following on another thread a couple of days ago, but it's probably more appropriate to include it here:

I think this potential Rangers deal may have been in progress for a few months already. I say that because of the recent share issues (to clear debt?) and an earlier shift of over 50m shares into a nominee share account.

The current share ownership totals on the club's website do not reflect what was stated in RIFC's Confirmation Statement to Companies House dated 16 November 2024. It showed that "Smith and Williamson Nominees" held 52.6m shares (11.76% at the time), while Dave King's shareholding had dropped by 20m, Douglas Park's by 15m, Barry Scott's by 8m, George Taylor's by 7.5m and George Letham's by 2m.

The two recent share issues (40m and 18m) may have diluted S&W's holding to just over 10%, but I do believe that there will be a common reason why a number of the major shareholders appear to have moved part of their holdings into a nominee company. If the 49ers, or any other investor, was looking for a stake in the club, then they would be an oven ready package of shares available to them. The proceeds would go directly to those current shareholders, allowing them to get at least some of their money back.

The crunch, of course, will be whether the outsize egos on the Rangers board, and the status that brings in certain circles, go along with any deal to let somebody else own and run the club.

Meantime, it seems they've already been busy working away, no doubt along with their buddies at the SFA, at getting around the dual club ownership rule.

https://www.dailymail.co.uk/sport/rangers/article-14422925/American-investors-claim-Leeds-link-wont-derail-Ibrox-takeover-deal.html

February 22

6 minutes ago, DesertDawg said:

The crunch, of course, will be whether the outsize egos on the Rangers board, and the status that brings in certain circles, go along with any deal to let somebody else own and run the club.

Meantime, it seems they've already been busy working away, no doubt along with their buddies at the SFA, at getting around the dual club ownership rule.

https://www.dailymail.co.uk/sport/rangers/article-14422925/American-investors-claim-Leeds-link-wont-derail-Ibrox-takeover-deal.html

If that is the case. The same should apply to Tony Bloom? Perhaps that’s the wait from our side?

February 22

Sevco9rs

February 22

Feeder club for Leeds 😆

February 22

31 minutes ago, Pasquale for King said:

Feeder club for Leeds 😆

:vrface:

February 23

On 22/02/2025 at 11:15, Footballfirst said:

I posted the following on another thread a couple of days ago, but it's probably more appropriate to include it here:

I think this potential Rangers deal may have been in progress for a few months already. I say that because of the recent share issues (to clear debt?) and an earlier shift of over 50m shares into a nominee share account.

The current share ownership totals on the club's website do not reflect what was stated in RIFC's Confirmation Statement to Companies House dated 16 November 2024. It showed that "Smith and Williamson Nominees" held 52.6m shares (11.76% at the time), while Dave King's shareholding had dropped by 20m, Douglas Park's by 15m, Barry Scott's by 8m, George Taylor's by 7.5m and George Letham's by 2m.

The two recent share issues (40m and 18m) may have diluted S&W's holding to just over 10%, but I do believe that there will be a common reason why a number of the major shareholders appear to have moved part of their holdings into a nominee company. If the 49ers, or any other investor, was looking for a stake in the club, then they would be an oven ready package of shares available to them. The proceeds would go directly to those current shareholders, allowing them to get at least some of their money back.

Or maybe the fund has been created to immediately pay off Clement? 😉

March 10

I see that Rangers has just issued another 26.75m new shares. If the price is the same as the last lot (20p) then it will raise another £5.35m in either new cash or in debt for equity swaps.

If I was to guess, I'd suggest that their current investors (directors/existing shareholders) are converting loans in anticipation of their new investor buying up their newly issued shares for cash, i.e. they get the value of their loans repaid.

March 10

Forty years of supporting the 49ers out the window.

March 10

1 hour ago, Pasquale for King said:

Forty years of supporting the 49ers out the window.

The news about the 49rs is being played down the real story is The Lying King is selling his 13% stake to Andrew Cavannah a medical insurance mogul I think the deady bears are going to be very disappointed

March 10

6 minutes ago, buzzbomb1958 said:

The news about the 49rs is being played down the real story is The Lying King is selling his 13% stake to Andrew Cavannah a medical insurance mogul I think the deady bears are going to be very disappointed

You mean when it happens , it will be the day the Teddy Bears get their dicks flicked

March 10

41 minutes ago, buzzbomb1958 said:

The news about the 49rs is being played down the real story is The Lying King is selling his 13% stake to Andrew Cavannah a medical insurance mogul I think the deady bears are going to be very disappointed

Let’s hope so 🤞

March 10

52 minutes ago, buzzbomb1958 said:

The news about the 49rs is being played down the real story is The Lying King is selling his 13% stake to Andrew Cavannah a medical insurance mogul I think the deady bears are going to be very disappointed

King is one of many who are selling

March 10

Presume there is no agreement on a deal yet and the Sevco boardroom is still belching out the black smoke?

March 10

11 minutes ago, Japan Jambo said:

Presume there is no agreement on a deal yet and the Sevco boardroom is still belching out the black smoke?

Bit like the Vatican soon.

March 10

10 minutes ago, Japan Jambo said:

Presume there is no agreement on a deal yet and the Sevco boardroom is still belching out the black smoke?

Quite telling that all the hot air being belched out about this is coming from Jackson or being leaked from Rangers. Hardly a peep from anyone in America. I wonder if they have had a good look under the bonnet yet.

March 10

Just now, Deevers said:

Quite telling that all the hot air being belched out about this is coming from Jackson or being leaked from Rangers. Hardly a peep from anyone in America. I wonder if they have had a good look under the bonnet yet.

Yeah, may not like the rats nesting there

March 10

2 hours ago, Footballfirst said:

I see that Rangers has just issued another 26.75m new shares. If the price is the same as the last lot (20p) then it will raise another £5.35m in either new cash or in debt for equity swaps.

If I was to guess, I'd suggest that their current investors (directors/existing shareholders) are converting loans in anticipation of their new investor buying up their newly issued shares for cash, i.e. they get the value of their loans repaid.

So, there are now 532,223,088 (over 500 MILLION) shares issued. Wonder what the selling price will be?

March 10

22 minutes ago, RustyRightPeg said:

King is one of many who are selling

No one has come forward to say they are actually selling they will want all there loans plus interest paid back if so

March 10

Do they have SFA clearance for this or is it being spun as different owners from Leeds?

March 10

1 minute ago, Shanks said no said:

Do they have SFA clearance for this or is it being spun as different owners from Leeds?

The clearance is pre agreed. You should know this by now.

March 10

3 hours ago, Pasquale for King said:

Forty years of supporting the 49ers out the window.

Same. Shite as anything.

March 10

It's pretty clear this is to avoid another insolvency event and their giving away the club to enable it to survive . . . . Again.

Edited March 10 by Bill Sikes

March 10

31 minutes ago, Bill Sikes said:

It's pretty clear this is to avoid another insolvency event and their giving away the club to enable it to survive . . . . Again.

But....at what price?

March 11

Rangers shares are soon going to be like 1920's German Rentenmarks.......It's going to take 5 billion Ranjursmarks to buy a loaf of bread!

March 11

If the 49ers family are as Catholic as some say. I can't wait for the scarf sellers outside Ibrox selling their scarves that say. The Pope's new Eleven😉

March 11

17 hours ago, Footballfirst said:

I see that Rangers has just issued another 26.75m new shares. If the price is the same as the last lot (20p) then it will raise another £5.35m in either new cash or in debt for equity swaps.

If I was to guess, I'd suggest that their current investors (directors/existing shareholders) are converting loans in anticipation of their new investor buying up their newly issued shares for cash, i.e. they get the value of their loans repaid.

And if the 49ers deal falls through?

March 11

They've now issued almost 85m new shares at 20p a pop, since the beginning of December. That's £17m of funding, either in debt swaps or in new cash.

However, that level of need was disclosed in their last set of accounts, so shouldn't come as a surprise.

Subsequent to the year end, the Directors have approved the conversion of £9.0m existing debt into equity with the remaining loan balances being converted to a new long term facility. As part of the refinancing, the club will draw down a further £4m in debt funding.
The Board has undertaken a recent and thorough review of the Group’s forecasts and the associated risks. These forecasts extend for a period beyond one year from the date of approval of these financial statements. The extent of this review reflected the current economic environment, the Club’s current and projected trading and position in Scottish football. These forecasts have been prepared for a range of possible scenarios with sensitivity analysis applied to the key revenue streams and costs. Based on these forecasts, additional loan or equity funding would be required by the Group and management have taken the necessary steps to agree a funding plan with key investors, which includes raising an additional £8.6m through equity funding.

They now have 532m shares issued. At 20p a share (latest issue price), the club is valued at over £106m. For comparison, Celtic is a listed company with a market capitalisation of £158m.

March 11

I still don't see the attraction for the 49ers it would take £30 million to acquire the maximum stake they are allowed and probably the thick end of £100Million to become properly competitive plus some of that must go on stadium refurbishment.
Even if there is a European league in the offing surely that is going to be second tier teams therefore not as attractive as it sounds. It would take years to make any kind of ROI.

March 11

17 minutes ago, brownkg said:

I still don't see the attraction for the 49ers it would take £30 million to acquire the maximum stake they are allowed and probably the thick end of £100Million to become properly competitive plus some of that must go on stadium refurbishment.
Even if there is a European league in the offing surely that is going to be second tier teams therefore not as attractive as it sounds. It would take years to make any kind of ROI.

Rangers have 532,233,088 shares issued.

To secure 50% of the shares (if sold at £0.20 per share) it would cost the teakover consortium £53.225M

Their recent multiple share issues indicate that they still have a cash shortfall and are hemorrhaging cash and still need to make further cuts or find a way of increasing their revenue intake

March 11

1 hour ago, IveSeenTheLight said:

Rangers have 532,233,088 shares issued.

To secure 50% of the shares (if sold at £0.20 per share) it would cost the teakover consortium £53.225M

Their recent multiple share issues indicate that they still have a cash shortfall and are hemorrhaging cash and still need to make further cuts or find a way of increasing their revenue intake

I’ve a strange feeling that your slant on the situation will not somehow feature in reporting from the Ibrox media poodles …🤭

March 11

On 22/02/2025 at 15:55, DesertDawg said:

Seems he's up to his neck in the plans though....or he'd like to be seen to be.

https://www.scotsman.com/sport/football/rangers/latest-rangers-news/rangers-takeover-key-figure-breaks-silence-to-lift-lid-on-constructive-talks-5002627

New "off the radar" investors certainly seem to be the only way that he'll ever get any of his money back though.

"Off the radar" you say?

March 11

With the news that the 49ers are ardent Catholics, I look forward to the new Sevco line-up for the 25/26 season. The big chapel must stay open.

1495660326_8fd9.jpg&f=1&nofb=1&ipt=a9306

March 11

13 minutes ago, Gundermann said:

With the news that the 49ers are ardent Catholics, I look forward to the new Sevco line-up for the 25/26 season. The big chapel must stay open.

Perhaps the Orcs aren’t too clear about the meaning of “San Francisco” 🙄

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