Tifosy’s attempt to find some buyers in the Ibrox Tribute Act raised some eye-brows and belly laughs when it surfaced this morning.
As almost every investor knows share prices can go down as well as up, sometimes they can completely disappear as thousands discovered in 2012 when Rangers Football Club went from administration into liquidation.
Loyal bears with certificates above the fireplace were left with a piece of memorabilia rather than an investment.
The small print to any offer usually carries a warning, but rarely is it used so boldly as in the tweet from Tifosy this morning.
I thought this had to be a parody account, but it seems it is real.
“lose all the money you invest” – they certainly love their traditions over at Ibrox. https://t.co/9pLWIVvxGp
— Rangers Tax-Case (@rangerstaxcase) February 7, 2023
The only thing missing is a quote from a Rangers shareholder of the last incarnation who did exactly that.
— Ian Mackay (@IgMackay67) February 7, 2023
What a testimonial for such an offer might look like:
“I invested a substantial inheritance in the Rainjurz and lost every last penny when it went tits-up. I needed to remortgage my house in Larkhall, my wife ran off with a guy from my flute band and now I drive a 20 year old Mini Metro. I’m proud as punch. No Surrender!”
Billy, Larkhall
You forgot….
“ Lest wee furget
WATP & FT@“.