inaccuracy or intrusion, then please Interesting fact on match of the day last night. Done Deal Welcome to IBROX son. So Beale and Gio both took over in November, one won a trophy, one didn't 30 Apr 2023 16:45:38 Regarding ryan kent and alfredo morelos coming to the end of their contracts.. 19 Apr 2023 22:09:54 Looks like Loris Karius is leaving Newcastle at the end of.. 24 Apr 2023 14:33:12 First time post guys, not everyone will agree but what is all the hype.. 29 Apr 2023 15:11:10 Was reading an article and we have been scouting Brandon Vazquez now that.. 11 Apr 2023 11:55:26 "The worry with a Company Voluntary Arrangement (CVA) was that it would negate our ability to pursue this strategy," hetold the Court of Session. If we are given the opportunity to sign Tilman as I expect we will. The good ones see out their contact so they get the money. who would, we.. 23 Apr 2023 14:03:54 Last years 17.4m loss had itself gone up 6.3m from the previous year amid what the club called the economic storm of the Covid-19 crisis. Looks like C Mulholland next for the exit door?! READ MORE:Rangers administrator insists valuing club brand was 'waste of money' after 'being worth' 16m. contact IPSO here, 2001-2023. Please register or log in to comment on this article. . We do not pre-moderate or monitor readers comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. The tin hat is on, and I'm ready for the onslaught. The financial collapse on February 14, 2012, followed months of speculation over the Glasgow clubs balance sheet. Ed's any information on if Morelos is really getting looked at by some epl.. 05 Apr 2023 08:50:43 Are Glasgow Rangers in financial trouble again? 30 Apr 2023 09:57:26 27 Apr 2023 20:26:20 Bayern Munich perform U-turn on Mateo Kovacic stance? "I thought that we should maintain a consistent line there, and the perception of what HMRC was doing is something that needed to factor into any decision making.". We need to find revenue in ways we as fans are not being mugged off. RE. Keep reading about our wage structure and it's getting a bit worrying and fed up hearing g we're foi g to end up back where we were if we're not careful Editors' Code of Practice. According to a Rangers International Football Club plc (RIFC) board statement it was forecast that the club would require 7.5m by way of debt or equity He said that on February 16, 2012, David Grier of the Duff and Phelps administration team had met with Craig Whyte who still thought a rescue package was "a possibility". 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We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse. Rangers have reported a 23.5m operating loss for last season in their annual accounts. HMRC said today it was "pleased to have reached a settlement with the liquidators to recover" 56million. Chelsea willing to offer Chalobah, Loftus-Cheek in Onana deal? Seen on Beales insta story that he's in Rome today. Tilman will cost 5.. 28 Apr 2023 15:53:27 South Bank Asset Finance Limited v THE RANGERS FOOTBALL CLUB LIMITED GLW-CA85-22 Sunday is make or break for many of our squad and also MB no soundbites keep.. 26 Apr 2023 20:06:49 AUDITORS have raised a going concern warning over Rangers FC as it emerged the club has accumulated nearly 80m in losses since the Dave King regime change six years ago. We need some dosh also. Alegria leaves rangers. Frank McAvennie has claimed Ross Wilson should be arrested for the contract situations he left at Rangers. 6ft.. 25 Apr 2023 18:22:45 Does anyone know when Hagi contact is up? I know.. 23 Apr 2023 22:18:16 That's a difficult one this season so many candidates,.. 24 Apr 2023 05:55:16 city, Newcastle utd, Barcelona and Real Madrid and most other clubs in Europe, to shut the door on that is lazy, creative accounting for your spendature is an art in itself, get in the right people it can be done . But I am happy to do it.". And it came less than a year after Craig Whyte bought Sir David Murrays majority shareholding for 1. Time to remove the.. 30 Apr 2023 21:24:16 Past loans agreed with directors of the club including Mr King were set up interest free with the intention of converting them to shares in the club at a later date. READ MORE:Giovanni van Bronckhorst 'lands in London' for Rangers manager talks. If that's true then we're paying over the odds no1 should be on 45k a week playing in the spl. As a subscriber, you are shown 80% less display advertising when reading our articles. The Rangers board in its latest overview states: "When the current board and investors wrestled back control of our club in 2015, it saw before it a 10-year recovery project. And the Ibrox club topped the table when it came to clubs claiming emergency covid loans from the Scottish Government. So do you think there will be any surprises in team for Sunday or formation.. 24 Apr 2023 09:33:09 The condition in which our club was left cannot be underestimated. The club has already sanctioned a seven-year 5.25m loan facility provided by a lending group of shareholders including club vice chairman John Bennett and non-executive directors Julian Wolhardt and Alastair Johnston. Heard a rumour from a friend on the south coast that Bournmouth are looking.. 07 Apr 2023 23:47:10 "Yet I am confident in your board and our employees to face these challenges with the backing of our magnificent loyal supporters.". The club said in announcing the repayment of the loan: "Replacing this high interest, short-term borrowing with a long term, lower coupon structured facility provides significant benefit for the club.". "Covid-19 has brought with it the severest of strains to all of our business and personal lives. Despite being unable to attend games, however, Rangers supporters still provided 17 million of income for the club with a record number of season ticket sales. 26 Apr 2023 18:19:54 28 Apr 2023 19:58:57 As for financial fair play! "I think a lot of this concern came with the scale of what we saw to be the non-compliance [over tax] across the club that was the non-payment of the debt and the way that had been building up, and at the same time our concerns about the Employee Benefit Trust arrangements, and again the non compliance there. We may then apply our discretion under the user terms to amend or delete comments. The auditors have stated that the financial situation means there is a going concern uncertainty - something acknowledged by the board of the Scottish Premiership champions. These adverts enable local businesses to get in front of their target audience the local community. The Scottish Premiership team had made a small pre-tax profit the previous year, which resulted in a total loss of 368,000. Whats the latest thought on Tillman. Stewart Robertson to depart and James Bisgrove to step into Chief Executive role. I'm saying he extended from 2024.. 17 Apr 2023 15:31:31 Remember rangers do not want one or two owners as that puts us at incredible risk again. That will please a lot of people. Going for lunch with a couple of Rangers men before the game today and the.. 06 Apr 2023 21:23:55 Rangers did, however, see revenue increase by around 6millions thanks to increased UEFA prize money on the back of the club's run to the last 16 of the Europa League last term and a new kit deal with Castore, while they again sold out their season-ticket allocation to fans who have been forced to watch their team in action via the club's online TV channel. 28 Apr 2023 09:08:13 There are ways and means around these rules ask Man. THE taxman had a secret gameplan to push Rangers towards liquidation weeks before its financial implosion so there could be a full investigation over the non-payment of millions of pounds in tax, it has emerged. Brill troops. Who made the decision not last.. 30 Apr 2023 09:39:27 The Our club continues to attract investment from across the world, and I believe this will grow further as our resurgence builds momentum. Despite his record I have major.. 22 Apr 2023 01:28:02 Rangers have posted a loss of over 24 million in their latest annual accounts, with their revenue slumping by 19 Ability doesn't go up and down with their value. The loan from the 66-year-old South Africa-based executive, who stood down last year, came with an interest rate of 16%. simply we need a new 3.1 up top. heraldscotland.com is tackling this problem by allowing only subscribers to comment. The next transfer window is vital for the club with players leaving and.. 30 Apr 2023 00:50:16 Today Heart of Midlothian PLC published its Annual Report for the year ended 30th June 2021 In a climate where lock-down constraints and the absence of fans would have a huge impact on all income streams, the Board agreed a Financial Plan for Year 20/21 which anticipated a significant drop in revenue and a financial loss across The Longstaff brothers? Comments have been closed on this article. The cashflow issue was acknowledged in the Light Blues' latest annual accounts, which show Rangers made an operating loss of 15.9m for the financial year up to June. Yesterday we controlled and dominated a game where the result was never in.. 02 Apr 2023 13:00:11 We could have a fresh 50,000,000 in the auld bank. This site is protected by reCAPTCHA and the Google, This website and its associated newspaper are members of Independent Press Standards Organisation (IPSO). I'm told today that hearts, hibs, st. mirren and motherwell, all want/.. 30 Apr 2023 11:14:46 I'm reading that Kent will be leaving when his contract expires, Burnley are.. 27 Apr 2023 16:22:23 Need 2 cbs to replace Davies and.. 19 Apr 2023 11:24:27 In its 'going concern' section, the report notes: "At the time of preparation, the forecast identified that the Group would require 8.8m by way of debt or equity funding by the end of season 2020/21 in order to meet its liabilities as they fall due with further funding of 14.4m required by the end of season 2021/22. David Whitehouse is suing the Lord Advocate Frank Mulholland over alleged 'wrongful' prosecution. So, it looks like we nearly have our man, J Butland as our next keeper?! Looks like we.. 24 Apr 2023 15:42:43 An agreement has been reached with club chairman Douglas Park and Mr Bennett where they will provide additional loan facilities as necessary to meet shortfalls. Saturday 21 November 2020 07:52, UK Rangers announced an operating loss of 15.9m for the year - a 4.3m increase Rangers admit they will need to raise Im not meaning to be controversial here but as good a goal as airfields.. 17 Apr 2023 15:06:18 . The same day in a call with Deloitte, who HMRC were lining up to act as joint administrators, Mr Baird said he reiterated the taxman's "wish for the administration to lead to a liquidation of the company and the sale of the trade and assets to a new company (newco) so that an investigation could be carried out by a liquidator of events in the company leading up to the rise in HMRC debt". "This is a club which has experienced some of the darkest days that any football club can endure. Those ads you do see are predominantly from local businesses promoting local services. Feed on figueroa street crime vente maison bord riviere ain lee university baseball roster. Unfortunately could not kick on, wish him.. 12 Apr 2023 07:36:19 26 Apr 2023 12:50:28 Heard it's stewart Robertsons shares that's he's sold to club 1872. Rangers have paid a loan fee of 2m to sign Aaron Ramsey from Juventus, Michael Bridge has told Give Me Sport. contact the editor here. This guy is like Romano.. 29 Apr 2023 12:57:46 Was just reading that James Sands performed really for the.. 20 Apr 2023 17:24:00 John you stated a few times that these should be worrying times. Heard today at a work meeting that Kent will sign a new deal but will be sold.. 21 Apr 2023 00:06:27 Ben last sentence was class mateI'm not looking for everything just now but will be in touch if something pops into my nut . Hows this for an idea Ben you go for a wee sleep the noo. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. "I had achieved my personal objective of removing the club from its state of crisis and it had become in the best interest of the club to be guided by individuals in the UK who, I thought, were capable of taking the club forward in a normalised manner (Covid had not yet happened) and who were willing and able to continue to provide any funds that might be required on an unsecured and interest free basis- and thereby honouring the commitment that we collectively made to supporters and shareholders. Seems weird but at our budget level often now the better players are free. Heard Rangers have approached Bayern to extend Tillman loan deal for another.. 19 Apr 2023 19:03:51 Morelos doesn't feature in MB plans next season and.. 05 Apr 2023 12:25:22 John what's the good news from companies house. 22 Apr 2023 12:31:27 In reply to someone questioning Morelos European goal scorer record compared.. 27 Apr 2023 23:42:15 Surely we're not paying 45k a week to cantwell whether it's factored in bonuses etc 28 Apr 2023 06:09:10 See it being reported Interesting to see 1872 purchase 1.25 million shares at 20p a share. Police officer get promoted I charge off station Never! No trnsfer fee but signing on fees and usually a big wage on a 3+ year contract. But they would need to buy out others then rangers dont get that money the shareholders selling do Remember rangers do not want one or two owners Our necessary recovery investment and player acquisition programme, combined with the damaging effects of COVID-19, have had clear effects on our financial statements.. "Indeed, playing matches behind closed doors is likely to adversely impact the club by in excess of 10m in the current season. It adds that Park and Bennett have reached an agreement with the Ibrox board that they will see them "provide additional loan facilities as necessary to meet shortfalls". Yes. Editors' Code of Practice. Therefore there was a wider strategic issue in play.". He said theEBT tax case was a key element of their thinking and and that from the end of 2011 through to early February 2012, HMRC wanted a Rangers entity, both to investigate what had happened in terms of debt and one they could take legal action against going forward. Park who stepped up to replace Dave King as chairman earlier this year has already succeeded in winning fresh investment in recent weeks, with Japan-based businessman Stuart Gibson ploughing 8million into the club last month.

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