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Jelle1880 wrote: » That is with all reserves, U20, U17,... included.
Dempsey wrote: » Ye have 56 professional & youth professional players. Celtic only have 50 despite the higher demands. Why even try to downplay that its a problem?
Jelle1880 wrote: » Because it's already been mentioned that player wages are only a small part of the problem. Is it too big ? Definitely.Is it the reason for a possible new administration ? Not even close. Let's say Rangers are bleeding around £1m/month, how will player wages being cut change much ? 15% of the £6-7m number that is being mentioned comes down to around £1m. That will mean the club will break about even, but only for a time until the rest of the money runs out. Will they gamble on a massive season ticket sale to get new cash in ?
Dempsey wrote: » Sweet Jesus! Your wage bill is the 2nd highest in Scotland despite being 2 divisions below the top flight. It is a significant contributing factor to the IPO being bled out of the club. The 15% wage bill reduction isnt going to sort the issue by itself but if ye didnt have such a high wage bill in the 1st place, would ye heading for administration just over 1 year after an IPO that was suppose to last you to the top division! Depending on future season tickets to keep the club afloat.....sounds familiar :rolleyes:
Jelle1880 wrote: » Nobody is denying that the wage structure is too high, but this whole thing sounds more like a deflection of the actual issue, namely the fact that pretty much all the money from the IPO and season tickets has gone. And it hasn't gone all to player wages. Not even close.
LiamoSail wrote: » Similar sentiments from the worlds best paid cheer leader today at his press conference. Keeping McCoist happy for so long was key to the whole sale and leaseback swindle IMO. He endorsed spiv after spiv after spiv. He got the fans onside, helped sell thousands of season tickets and millions worth of shares, all the while getting his own little piece for pittance. At least he'll eventually walk away a wealthy man, while all those who invested their hard earned money in their club, will be left only with a fraction of their investment, and the knowledge that it was their investment that was loaned to the club by RIFC, thereby facilitating RIFC's claim to the assets (Ibrox and Murray Park). Deprived of Ibrox, rangers can never again hope to compete IMO
Jelle1880 wrote: » That's not as simple as it sounds, they don't just get the claim.
LiamoSail wrote: » If the club run out of cash, as their only major creditor what's to prevent RIFC getting the assets? As the club are wholly owned by RIFC, there isn't an issue in transferring the assets (in terms of cheating shareholders), the issue arises with the creditors of the club. Once they're paid, I don't see what can prevent RIFC taking them
Dempsey wrote: » /cough :pac:
LiamoSail wrote: » The ownership of the assets is nothing to do with Regan or Doncaster. Duff & Phellps hardly acted in the fans interests previously. I see no reason why, if the club were to go into admin, they would act any differently this time
Dempsey wrote: » It was tongue in cheek but you come across abit naive tbh. Those are pictures of people with their own agendas despite the rules governing football and have questionable ethics when it comes to doing business deals. They'll swing it whatever way makes the most money for them and makes them look good in the media, a crippled Rangers doesnt suit Regan or Doncaster at all so they'll side with the fans and whoever wants to keep the club and assets together and do whatever they can behind the scenes to get what they want to happen to happen like they have done already. Administrators will do whatever to protract the process of doing what they are suppose to do because they like money aswell which gives opportunities to things that shouldnt happen like 5 way agreements that all the parties didnt want made public.
LiamoSail wrote: » Regan can only assist the club in matters relating to their licence etc. the transfer of assets from the club to the company that owns the club is absolutely nothing to do with him I don't dispute your point about the administrators, but they're appointed by the club. RIFC, much as Whyte did, will make sure they appoint administrators that act in accordance with their agendaAssuming the club are eventually put into administration, in what way can Regan or Doncaster possibly influence what happens Ibrox and Murray Park? I'm not disputing that they have an agenda, but the ownership of the assets is far removed from their scope
Dempsey wrote: » Ibrox & Murray Park are worthless without a club & club licence... Did you ever think you'd ever see a new club getting passed off as the old one? It happened in Scotland and all the above helped facilitate that scam on the Rangers supporters for their own agenda/benefit. If you think that their influence is limited to the scope of their job description then you are sadly mistaken.
LiamoSail wrote: » I'm not necessarily disagreeing with your view on Regan & co. I'm of the belief that the club will run out if money, RIFC will get Ibrox and the club will be taken over, or a new club started,by Rangers men. The club will then have to rent Ibrox off RIFC. I don't see how Regan or Doncaster can prevent the transfer of the assets, and their form would suggest they will facilitate the Rangers men. I don't believe there will be a doomsday scenario. Rangers won't cease to exist, they'll just be confined to a future starved of revenue without a ground
Dempsey wrote: » "Rangers Men" failed to step up and be counted on when the club went into administration the last time and were ultimately liquidated whilst they kept their hands and money in their pockets. TBH, I dont think the current incarnation will run out of money before the season ticket renewals comes along. Rangers fans have already voted with their feet, I dont see that changing.
Dempsey wrote: » A load of nonsence from McCoist. He doesnt have a clue how the cuts are going to be made, the 15% pay cut rejection "effectively" put the squad up for sale whether they admit that in public or not, but the board have planned a way to ensure that administration "effectively" will not happen??McCoist's loyalty to what the club was is being used and abused by the boardroom
weldoninhio wrote: » From what i've seen over the past few years, McCoists loyalty is to Ally McCoist and ££££££££. Backed spiv after spiv, while taking an extortionate pay cheque and a million penny shares to sweeten the deal.
weldoninhio wrote: » Thats because we mobilized as fans and ran the spivs out of Celtic Park. The rangers fans have buried their heads in the sand time after time after time. With David Murray, Craig Whyte, Charles Green. They were warned and warned again and they came back with "obsessed" "the celts are worried now" etc. whenever anyone told them that they were being fed bullshit. Its coming up to the end-game now. More and more hedge-funds buying stakes in the club, i can only guess that they can see what we can see and that a sale and leaseback is the main outcome, and their clients will get a nice yearly payout from the rental paid on Ibrox. With no money going back into the actual club, if the club survives.
Jelle1880 wrote: » You waited for McCann to step in with his money and then backed him.That's not 'running spivs out of Celtic Park'. The protests against the board by the Celtic fans resulted in the same as those at Ibrox: Not much.http://www.dailyrecord.co.uk/sport/football/football-news/fergus-mccanns-battle-save-celtic-3013568 He pretty much did the same as what some of the Rangers groups attempted now (Blue Knights, McColl's group,...), with the difference that the board of Celtic back then completely misread his intentions. The ones at Ibrox are fully aware of how to keep other people out. The 'obsessed' thing is not exactly because we were warned, it's because of what's clearly visible in this thread.
By the time of Celtic’s AGM in October, White and Kelly had decided to vote Dempsey off the board, less than six months after he joined. Dempsey went on to become the focal point for a campaign for change at the club.
Dempsey had some strong supporters in the press (in particular the highly sycophantic Gerry McNee) which helped him, but his support amongst the club supporters seemed to decline.
He had made announcements that he would put bids to the board for the takeover, and if it failed he would walk away. They never did put any bids forward and never did walk away
"Mr McCann is taking the club in the wrong direction. It is because of this that I have decided I will not be back at Celtic as part of the team for the future."
