Rangers FC On Field Gossip & Rumour Thread 2017 Mod Note in OP(Updated 14/08)

That was unexpected... :pac:

Great game, massive improvement.

I think it is

3rd v 4th then winner v 2nd then winner v SPFL relegation team. All games over 2 legs so to get to the SPFL the 3rd/4th placed team plays 6 games and the 2nd placed team plays 4 games!

More terrible news for you guys -

RANGERS International Football Club plc (AIM:RFC), the holding company for the Scottish football Club 'Rangers', is pleased to announce interim results for the six month period to 31 December 2014.

Operational Highlights
Season ticket sales of 24,589 at period-end
Average home league attendance of 32,321 during the period; thirteenth highest UK football attendance
Semi-finalist for QTS Scottish League Cup and Petrofac Training Cup
Currently placed 3rd in Championship and in play-off spot
Financial Highlights
Revenue of £13.1m
Operating expenses of £16.1m
Profit on disposal of player registrations of £0.2m
Loss before finance costs of £2.6m
Finance leases of £0.7m at 31 December 2014
Paul Murray, Interim Chairman of Rangers, commented
"These results are historical and relate to a period before the new Board took office. I wish to draw shareholders' attention to the fact that these interim results have been reviewed by Jeffreys Henry LLP. ‎I have been informed by Deloitte, the existing auditor, that they informed the previous Board of their intention to resign following the June 2014 audit. The previous Board chose not to announce this nor did they find a replacement for Deloitte. With limited time to have these results reviewed the Board asked Jeffreys Henry to perform the exercise as Independent Reporting Accountants, not auditors. They have previously carried out work for the Club and therefore know the finance functions well. The Board will make a further announcement on this subject once we have found a replacement firm for Deloitte.
The new Board's focus is on the future. We are in the process of developing a business and funding plan which will help us rebuild the Club and ensure it enjoys football and commercial success in the future. We will work closely with our shareholders, supporters and other stakeholders to achieve our vision of building a modern football Club founded on our traditional values and standards. The recovery process will take time but if we work closely together we are confident of success."


Full results here - http://www.rangers.co.uk/news/headlines/item/8940-interim-results

£500,000 to Mike Ashley if you get promoted.

Still no NOMAD... and now no auditors. Very close to being kicked out of Stock Exchange.

How much money has King put in?

Am I reading that right? These accounts aren't audited?

Douglas Fraser ‏@BBCDouglasF 2h2 hours ago
#Rangers auditors have quit: 6mth loss comes with 'going concern' warning: deadline for NomAd this week, "currently investigating options"

Broxi_Bear_Eire wrote: »

Bobby tell the full story they quit last June but the rats never formed the stock exchange of made any sort of announcement. Just another black mark against thd savior that was Ashley. I reckon the courtrooms may be busy after thd new board sift through the mess

Where's King's money?

bobbysands81 wrote: »

Where's King's money?

Certainly not anywhere Ashley can get it. That won't be seen until the board are sure theres no surprises left.

bobmalooka wrote: »

It's not an audit and shouldn't be giving any weight, the figures the current board have reported can't be considered accurate.

Thats why I said its an audit of sorts. Its an opportunity for them to show the warts and all of the previous regime why would they fluff it over.

King needs time before he can accused of anything

Paul Murray Interim Chairman made this statement

These results are historical and relate to a period before the new Board took office. I wish to draw shareholders' attention to the fact that these interim results have been reviewed by Jeffreys Henry LLP. ‎I have been informed by Deloitte, the existing auditor, that they informed the previous Board of their intention to resign following the June 2014 audit. The previous Board chose not to announce this nor did they find a replacement for Deloitte. With limited time to have these results reviewed the Board asked Jeffreys Henry to perform the exercise as Independent Reporting Accountants, not auditors. They have previously carried out work for the Club and therefore know the finance functions well. The Board will make a further announcement on this subject once we have found a replacement firm for Deloitte

---

Think it is unfair to blame this board about things they knew nothing about until recently.

bobbysands81 wrote: »

Loving the eternal optimism on this thread!!!

Immediate changes are required and are possible... but take your time fellas, kick off your shoes and put your feet up. Sure nobody knew The Rangers were in a financial pickle, let Murray take his time and work out what went wrong.

Or we could go your way and they could throw money in only for surprises such as thd loan players and the wee bonus Newcastle get for them coming up orthd fact that something stinks when Deloitte chuck it bug the old lot don't announced it to anyone. I wonder what you would say then. Better to get there in the end than rush and look like idiots after all that's what has happened up until now

bobbysands81 wrote: »

Murray needs to take responsibility and move forward, to do that would take days, not weeks.

You're being fed lies here and accepting it (as usual).

Aye ok Bobby

Broxi_Bear_Eire wrote: »

Aye ok Bobby

Seems like he's being paid ridiculous amounts of money to pass the buck.

If the others did make a hash of things why not call auditors to tell the truth? He can't have it both ways but that's exactly what he's doing and you're falling for it.