Rangers International Football Club issued 4m shares yesterday at a nominal cost of 25p to bring in £1m ahead of the February payroll.
Everton’s up front fee for Nathan Patterson covered January’s wages and the loan fee for Aaron Ramsey but with three more pay rolls before Season Ticket money comes in things ae clearly tight after last season’s losses reached £23.5m.
Yesterday’s share issue was the seventh since August, last week Managing Director Stewart Robertson told Sky Sports that the company would be sustainable this season.
While the club loses somewhere between £1-2m a month as long as there are mystery investors prepared to pump money in there is no danger of the new club going into administration.
Last Monday was the 10th anniversary of Rangers going into administration with liquidation starting in June 2012.
CLICK HERE for full list of company announcements.
Ha ha ha ? ? ? pic.twitter.com/kPwxIBWJY4
— @LiedAndDied (@MoonbeamsDidIt) February 22, 2022
This one.. ? ? ? pic.twitter.com/aw2STz6EHp
— @LiedAndDied (@MoonbeamsDidIt) February 22, 2022
They still think that the money from Patterson will pay all the bills! ?
Undisclosed fee = chickenfeed! Their repeated pumping in of money raises questions over solvency, not cashflow! ?????’s?— Still Sniggerin’ at SevcoFC (@007bhoy) February 22, 2022
I can’t wait for their unaudited finances are published and all the wee bearsies realise that Patterson didn’t go for the undisclosed trillion billion as they think, but instead £5M up front and £5M in bonuses, one of which is £1M is Patterson plays 54 games in the same season?. Everton don’t play 54 games in a season?.
Oh and how we laughed…
They would have been better signing,Gordon Ramsey,cause he could cook there books.
What about ramsey, I’m sure there’s a new crop of funny Lunny trees around the wangers footy klub but that 2m+ of waste and hilarity needs to be funded somehow…what a klub that ranger fk, as in ranger footy klub!
We call them “confetti” shares but confetti is usually a sign of celebration, but not when Sevco are chucking it out…well, we might celebrate their misfortune I suppose…either way…
AHAHAHAHAHA GET IT RIGHT UP YE YA SKINT SHOWER O’ BAWBAGS!
How these Thick Cunts keep handing oor their DWP cash is Fukin Beyond Me lol! Fleeced tae Fuk tae pay the wages ae Duds like Lundstram & Ramsey! Lucky if they got £3M fur Patterhun & HE’S STILL NO KICKED A FUKIN BAW BAWAHAHAHAHAHA!! They’re awready mapping oot their route tae the CL finishing 2nd dismissing aw & Sundry coz they beat Dortmund last wk! They really DONT GET the Fact Dortmund NEVER TRIED A FUKIN LEG & that they regularly get FUKED by Malmo etc!!
A £1m share issue three day’s before they hoover +£2m (net profit) fae the home Europa game, Go figure !!!!
HH
That’s only to cover Sick Note Ramsey’s February wage cheque.
Worth every penny I sez.
Hahahahahahahahahahahaha.
How can a share be worth 25p when there are a billion of them ?
Have you never seen The Producers?
Simples! It’s Springtime for Hitler all over again.