Rangers and 49ers

[DesertDawg]

5 hours ago, John Findlay said:

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😉

In amongst the scarf sellers?

 

https://www.ncregister.com/features/super-bowl-2024-meet-father-steve-kim-san-francisco-49ers-catholic-chaplain

 

[busbyfth]

1 hour ago, DesertDawg said:

In amongst the scarf sellers?

 

https://www.ncregister.com/features/super-bowl-2024-meet-father-steve-kim-san-francisco-49ers-catholic-chaplain

 

Italian decent and proud to be - so theyre pretty much certs to be staunch RCs.....but the hypcocrites will sweep that under the carpet - after all....they are the people 

[gjcc]

1 hour ago, DesertDawg said:

In amongst the scarf sellers?

 

https://www.ncregister.com/features/super-bowl-2024-meet-father-steve-kim-san-francisco-49ers-catholic-chaplain

 

Some half and half scarfs would be ace. The Pope and Willie linking hands in the middle. 
 

And they might tone down their songbook to being just up to their ankles. 

[Footballfirst]

Rangers have notified Companies House of a security charge held by Macquarie Bank against future transfer receivables. My reading of the document is that Rangers have received the cash from the bank now, but have assigned future instalments for a couple of transfers to Macquarie. I'm sure that Macquarie will have given Rangers a good bit less than what they were going to get from the instalments.

 

It's not clear who the other clubs are, or the players involved. There is a reference to FCT and PC, possibly as the clubs involved.

 

 

 

 

Edit: FCT could be FC Twente (Sam Lammers - July 24).  Estimated £2m

PC could be Parma Calcio (Antonio Colak - July 23). Estimated £2.9m

 

Edited March 11 by Footballfirst

[Japan Jambo]

2 hours 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.

 

 

 

wouldn't want to drop the soap in front of that lot

 

[Mark_Mywords]

39 minutes ago, Footballfirst said:

Rangers have notified Companies House of a security charge held by Macquarie Bank against future transfer receivables. My reading of the document is that Rangers have received the cash from the bank now, but have assigned future instalments for a couple of transfers to Macquarie. I'm sure that Macquarie will have given Rangers a good bit less than what they were going to get from the instalments.

 

It's not clear who the other clubs are, or the players involved. There is a reference to FCT and PC, possibly as the clubs involved.

 

Edit: FCT could be FC Twente (Sam Lammers - July 24).  Estimated £2m

PC could be Parma Calcio (Antonio Colak - July 23). Estimated £2.9m

 

 

Does that mean Rangers borrowed £4.9M to buy Lammers and Colak, but are unable to pay back the instalments or have I read that all wrong?

[Footballfirst]

4 minutes ago, Mark_Mywords said:

 

Does that mean Rangers borrowed £4.9M to buy Lammers and Colak, but are unable to pay back the instalments or have I read that all wrong?

It's the other way round. Rangers sold Lammers and Colak for a combined £4.9m (according to Transfermarkt). They have still to receive what looks like 5 instalment payments from the other clubs.

 

What they appear to have done, is take an advance on those receivables (say £3.5m in instalments outstanding) from Macquarie. For their part, Macquarie may have loaned £3m to Rangers in return for them being assigned the future instalments due to Rangers. 

 

That way, Rangers get cash quick but lose out on the future cash. Macquarie gets £0.5m profit from the deal. (these numbers are pure guesstimates).

[Mark_Mywords]

3 minutes ago, Footballfirst said:

It's the other way round. Rangers sold Lammers and Colak for a combined £4.9m (according to Transfermarkt). They have still to receive what looks like 5 instalment payments from the other clubs.

 

What they appear to have done, is take an advance on those receivables (say £3.5m in instalments outstanding) from Macquarie. For their part, Macquarie may have loaned £3m to Rangers in return for them being assigned the future instalments due to Rangers. 

 

That way, Rangers get cash quick but lose out on the future cash. Macquarie gets £0.5m profit from the deal. (these numbers are pure guesstimates).

 

Ahhh... I get it now... Thanks FF.

[Star Lizard]

Just to reiterate , I take this about as seriously as I did Aberdeen building a new stadium and the Gordons pumping fortunes in to Hibs 

 

 

[Mikey1874]

1 hour ago, Footballfirst said:

It's the other way round. Rangers sold Lammers and Colak for a combined £4.9m (according to Transfermarkt). They have still to receive what looks like 5 instalment payments from the other clubs.

 

What they appear to have done, is take an advance on those receivables (say £3.5m in instalments outstanding) from Macquarie. For their part, Macquarie may have loaned £3m to Rangers in return for them being assigned the future instalments due to Rangers. 

 

That way, Rangers get cash quick but lose out on the future cash. Macquarie gets £0.5m profit from the deal. (these numbers are pure guesstimates).

 

Companies make these insurance arrangements a lot. Sometimes when creditors are late with payments. The fees or interest generally range between 8% and 12%.

[Vlad Magic]

Rangers skint and selling a debt on to get a bit less quickly.

[Footballfirst]

9 minutes ago, Mikey1874 said:

 

Companies make these insurance arrangements a lot. Sometimes when creditors are late with payments. The fees or interest generally range between 8% and 12%.

The likelihood is that the instalments will be payable over the next two years, so a return of 10% per annum for Macquarie wouldn't sound unreasonable.

 

If Rangers need the cash now, then its likely they have a cash flow issue until their next lot of revenue starts coming in (ST sales?, EL prize money).  They will probably be paying bonuses for their EL exploits, while having to pay off Clement and his team.  Their Scottish Cup revenue dried up a bit early for them this season.

[Gundermann]

5 hours ago, PortyBeach said:

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

 

San Mungo of Govan in the pipeline?

[buzzbomb1958]

2 hours ago, Footballfirst said:

It's the other way round. Rangers sold Lammers and Colak for a combined £4.9m (according to Transfermarkt). They have still to receive what looks like 5 instalment payments from the other clubs.

 

What they appear to have done, is take an advance on those receivables (say £3.5m in instalments outstanding) from Macquarie. For their part, Macquarie may have loaned £3m to Rangers in return for them being assigned the future instalments due to Rangers. 

 

That way, Rangers get cash quick but lose out on the future cash. Macquarie gets £0.5m profit from the deal. (these numbers are pure guesstimates).

What a mess they are in very deep shit

[Jingle Bells]

6 hours 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.

 

 

 

I've heard the boy in the wheelchair isn't that promising.

[OTT]

I really hope they're like Diet Glazers. 

 

Including the creepy pony tails and receding hairlines.

 

Come in, don't spend a penny and suck the life out of their bigoted little club. 

 

Baz to get the job because he'd do it for free, and a decline so bad that the glory hunters in Dundee, Aberdeen, Perth, Fife & Edinburgh decide to just follow the team on the doorstep. 

[MoncurMacdonaldMercer]

5 hours ago, busbyfth said:

Italian decent and proud to be - so theyre pretty much certs to be staunch RCs.....but the hypcocrites will sweep that under the carpet - after all....they are the people 

italian will probably be fine with the rangers fans - IF they’re successful

 

scottish / Irish / American with Irish roots that would’ve been a much bigger issue 😥 

 

 

[MoncurMacdonaldMercer]

50 minutes ago, buzzbomb1958 said:

What a mess they are in very deep shit

“admin 2”.  

 

 

 

 

[MoncurMacdonaldMercer]

8 minutes ago, OTT said:

I really hope they're like Diet Glazers. 

 

Including the creepy pony tails and receding hairlines.

 

Come in, don't spend a penny and suck the life out of their bigoted little club. 

 

Baz to get the job because he'd do it for free, and a decline so bad that the glory hunters in Dundee, Aberdeen, Perth, Fife & Edinburgh decide to just follow the team on the doorstep. 

I know we are miles and miles away from Celtic but with some potential extraordinary progress possible for us over the next few years this would be extremely bad timing if they’re bankrolled back close to Celtic and we’re chasing two again 😡

 

 

[OTT]

1 minute ago, MoncurMacdonaldMercer said:

I know we are miles and miles away from Celtic but with some potential extraordinary progress possible for us over the next few years this would be extremely bad timing if they’re bankrolled back close to Celtic and we’re chasing two again 😡

 

 

 

It sounds about right for following Hearts tbh. 

 

What I want to see from Hearts is a steadfast refusal to sell players to the OF no matter what. 

 

We're not going to get closer to them feeding them players, so a club policy that it will not happen would be good, even if its informal - I've liked our stance with Walker, Souttar & Shankland. We should not be a club that Rangers or Celtic have any sort of relationship with at first team level. Brighton are obviously in a bit of a different position by virtue of the league they play in (in terms of selling players to domestic rivals), and given Scotlands position in the sort of global football market, there is no reason to ever be selling players to the OF, if Rangers want a player, there is a good chance most Championship clubs will want the player, ditto clubs across Europe. 

 

Don't want to see us doing the hard work in recruiting players, only to have the huns think they can cherry pick from us. They've done us no favours over the years, and I don't want to see us entertain a single bid from them, especially as we move into this new period under Jamestown. 

[Tiger]

18 minutes ago, MoncurMacdonaldMercer said:

“admin 2”.  

 

 

 

 

It would be admin 1, it was a different club that went into admin and then liquidation last time around.

[buzzbomb1958]

17 minutes ago, MoncurMacdonaldMercer said:

I know we are miles and miles away from Celtic but with some potential extraordinary progress possible for us over the next few years this would be extremely bad timing if they’re bankrolled back close to Celtic and we’re chasing two again 😡

 

 

There’s no way they will get millions out of whoever is taking the shares , the media seem to be dumbing down the 49rs involvement 

[Jingle Bells]

Pope Francis seems to be making a good recovery.

[DesertDawg]

36 minutes ago, Tiger said:

It would be admin 1, it was a different club that went into admin and then liquidation last time around.

 

And another bunch of charlatans and grifters like Green, Whyte and Imran will wade right in....duly assisted by the Glasgow "Establishment."

[MoncurMacdonaldMercer]

49 minutes ago, Tiger said:

It would be admin 1, it was a different club that went into admin and then liquidation last time around.

commonly referred to as “admin 2” tho 

[MoncurMacdonaldMercer]

57 minutes ago, OTT said:

 

It sounds about right for following Hearts tbh. 

 

What I want to see from Hearts is a steadfast refusal to sell players to the OF no matter what. 

 

We're not going to get closer to them feeding them players, so a club policy that it will not happen would be good, even if its informal - I've liked our stance with Walker, Souttar & Shankland. We should not be a club that Rangers or Celtic have any sort of relationship with at first team level. Brighton are obviously in a bit of a different position by virtue of the league they play in (in terms of selling players to domestic rivals), and given Scotlands position in the sort of global football market, there is no reason to ever be selling players to the OF, if Rangers want a player, there is a good chance most Championship clubs will want the player, ditto clubs across Europe. 

 

Don't want to see us doing the hard work in recruiting players, only to have the huns think they can cherry pick from us. They've done us no favours over the years, and I don't want to see us entertain a single bid from them, especially as we move into this new period under Jamestown. 

agreed - hopefully by using Jamestown any successful players will be desired by clubs beyond the OF eg championship / lower epl / abroad

 

either way as you say if we want to get close to competing with them it would have to be an extraordinary deal for us to consider dealing with either of them

 

 

[MoncurMacdonaldMercer]

53 minutes ago, buzzbomb1958 said:

There’s no way they will get millions out of whoever is taking the shares , the media seem to be dumbing down the 49rs involvement 

that’s good news - hopefully they spend just enough to give their fans a jam-tomorrow feeling which will con the masses and allow us to sweep on past

 

 

[NaturalOrder74]

What’s the overview of this loan they’ve just taken ? Or is it just Celtic fans fabricating nonsense 

[DesertDawg]

7 minutes ago, NaturalOrder74 said:

What’s the overview of this loan they’ve just taken ? Or is it just Celtic fans fabricating nonsense 

 

Read the posts from "Football First" above like this one.  He's way ahead of all of us here on this stuff.

 

"What they appear to have done, is take an advance on those receivables (say £3.5m in instalments outstanding) from Macquarie. For their part, Macquarie may have loaned £3m to Rangers in return for them being assigned the future instalments due to Rangers. 

 

That way, Rangers get cash quick but lose out on the future cash. Macquarie gets £0.5m profit from the deal. (these numbers are pure guesstimates)."

 

 

[DesertDawg]

Souness....clearly hasn't checked the books.  🙄

 

Graeme Souness cranks up Rangers hype with strident Leeds United feeder club claim amid 'gold dust' 49ers bid

https://www.dailyrecord.co.uk/sport/football/football-news/graeme-souness-cranks-up-rangers-34841660

 

 

 

[buzzbomb1958]

9 hours ago, DesertDawg said:

Souness....clearly hasn't checked the books.  🙄

 

Graeme Souness cranks up Rangers hype with strident Leeds United feeder club claim amid 'gold dust' 49ers bid

https://www.dailyrecord.co.uk/sport/football/football-news/graeme-souness-cranks-up-rangers-34841660

 

 

 

Souness is on crack

[sandylejambo]

13 hours ago, Jingle Bells said:

 

I've heard the boy in the wheelchair isn't that promising.

He's just there to get his hair cut.

[Deevers]

Cash flow problems there and if the rumours through west are correct, there are still significant structural problems with their stadium that are going to have to be addressed. 

[Jingle Bells]

31 minutes ago, sandylejambo said:

He's just there to get his hair cut.

lols

[Jingle Bells]

1 hour ago, buzzbomb1958 said:

Souness is on crack

 

Ach well, he did do some good through  breaking the mold, by signing Mo Johnstone and co way back, which was quite brave of him at the time.

 

[Jingle Bells]

18 hours ago, Footballfirst said:

Rangers have notified Companies House of a security charge held by Macquarie Bank against future transfer receivables. My reading of the document is that Rangers have received the cash from the bank now, but have assigned future instalments for a couple of transfers to Macquarie. I'm sure that Macquarie will have given Rangers a good bit less than what they were going to get from the instalments.

 

It's not clear who the other clubs are, or the players involved. There is a reference to FCT and PC, possibly as the clubs involved.

 

 

 

 

Edit: FCT could be FC Twente (Sam Lammers - July 24).  Estimated £2m

PC could be Parma Calcio (Antonio Colak - July 23). Estimated £2.9m

 

 

The life story of Lachlan MacQuarie from Ulva, whom the Bank is named after, is an interesting one to read.

He is often dubbed as the "Father of Australia"

He was initial sent to NSW to quell the Convict's Rum Rebellion uprising against (nae luck) Captain Bligh.

[Horatio Caine]

6 minutes ago, Jingle Bells said:

 

The life story of Lachlan MacQuarie from Ulva, whom the Bank is named after, is an interesting one to read.

He is often dubbed as the "Father of Australia"

He was initial sent to NSW to quell the Convict's Rum Rebellion uprising against (nae luck) Captain Bligh.

There is a mausoleum for MacQuarie at Salen on the Isle of Mull . (Sorry - digression!)

[Jingle Bells]

7 minutes ago, Horatio Caine said:

There is a mausoleum for MacQuarie at Salen on the Isle of Mull . (Sorry - digression!)

Thanks, I'll have to visit it sometime.

[Hagar the Horrible]

17 hours ago, Footballfirst said:

It's the other way round. Rangers sold Lammers and Colak for a combined £4.9m (according to Transfermarkt). They have still to receive what looks like 5 instalment payments from the other clubs.

 

What they appear to have done, is take an advance on those receivables (say £3.5m in instalments outstanding) from Macquarie. For their part, Macquarie may have loaned £3m to Rangers in return for them being assigned the future instalments due to Rangers. 

 

That way, Rangers get cash quick but lose out on the future cash. Macquarie gets £0.5m profit from the deal. (these numbers are pure guesstimates).

But my take and I hope you can correct me is they sold lammers but borrowed from the bank against future sales, and the bank had the security on all transfers until they were paid back, and the remainder will be paid i instalments afterwards?  is that even close?

[Mikey1874]

A few more people have been mentioning the possibility of a 30% cap on Rangers shares due to owning Leeds United.

[Jingle Bells]

6 minutes ago, Mikey1874 said:

A few more people have been mentioning the possibility of a 30% cap on Rangers shares due to owning Leeds United.

 

Think you only need about 20% of the shares or so to control a company.

25%? or so or less of the Shareholding  then you have to declare it to the Stock Exchange, if you have joined up to it.

[Footballfirst]

2 hours ago, Hagar the Horrible said:

But my take and I hope you can correct me is they sold lammers but borrowed from the bank against future sales, and the bank had the security on all transfers until they were paid back, and the remainder will be paid i instalments afterwards?  is that even close?

Not quite. There are two instalments still to be paid by Twente to Rangers for Lammers, and three by Parma for Colak,

 

Rather than wait to receive the proceeds on the instalment due dates, Rangers has approached Macquarie to get an advance on those instalments. They have agreed a deal where Macquarie will provide Rangers with a payment now (smaller than they would receive if they waited for the staged payments), but Rangers has assigned all rights to receive those future instalments to Macquarie.

 

Twente and Parma will now pay the outstanding instalments direct to Macquarie when they fall due. 

[Star Lizard]

Calling it now

 

This deal will either not happen or it will be a really shan version of what is being promoted

 

 

[PortyBeach]

Operation Soothe/Gonny Buy Season Tickets is taking off big-time:

”Graeme Souness believes Leeds United well become Rangers' feeder club if the impending takeover goes to plan and elevates the club to another level. (Daily Record)

[Ex member of the SaS]

Companies house have issued the notice for the sale of shares. ( old news ) £5,344,960 worth. Number of shares allocated: 26724800. The interesting point is the sale price of individual shares.....0.01

[OmiyaHearts]

1 hour ago, Star Lizard said:

Calling it now

 

This deal will either not happen or it will be a really shan version of what is being promoted

 

 

Lets pray that is the case. I love watching Huns suffer.

[Hagar the Horrible]

2 hours ago, Footballfirst said:

Not quite. There are two instalments still to be paid by Twente to Rangers for Lammers, and three by Parma for Colak,

 

Rather than wait to receive the proceeds on the instalment due dates, Rangers has approached Macquarie to get an advance on those instalments. They have agreed a deal where Macquarie will provide Rangers with a payment now (smaller than they would receive if they waited for the staged payments), but Rangers has assigned all rights to receive those future instalments to Macquarie.

 

Twente and Parma will now pay the outstanding instalments direct to Macquarie when they fall due. 

Justice then, remember they were due to pay us in instalments and paid a lot less up front as we were skint.

 

But also it is clear what they sold those two for was a lot more than they received????

[buzzbomb1958]

1 hour ago, Star Lizard said:

Calling it now

 

This deal will either not happen or it will be a really shan version of what is being promoted

 

 

It’s already said that the 49rs are not involved it is this the American medical insurance guy and  guy from Leeds so not all the billions the beggars have their bowls out for , I think they will end up as disappointed as Oliver🤞🤞

[...a bit disco]

1 hour ago, PortyBeach said:

Operation Soothe/Gonny Buy Season Tickets is taking off big-time:

”Graeme Souness believes Leeds United well become Rangers' feeder club if the impending takeover goes to plan and elevates the club to another level. (Daily Record)

😄

 

Other way round Graeme, you demented old fud.

 

[DesertDawg]

3 hours ago, buzzbomb1958 said:

It’s already said that the 49rs are not involved it is this the American medical insurance guy and  guy from Leeds so not all the billions the beggars have their bowls out for , I think they will end up as disappointed as Oliver🤞🤞

Certainly looks like the lenders that have kept them afloat want to recover some or all of their money.

 

https://www.thescottishsun.co.uk/sport/14473955/rangers-takeover-completion-date-49ers-share-issue/