The Rangers Board are writing cheques they can't cash or back up, outside of player sales and raised season ticket prices, but that is the way most forward thinking businesses operate and have done for a long, long time, they run their enterprises on Debt, in other words other people's money. Our Celtic Board by comparison is very risk adverse and parsimonious, and would never consider such a risky and shady modus operandi.
Which business model would you follow in the circumstances ? I'll leave that up to you to consider and judge, meanwhile I will keep my own powder dry, and cards firmly stacked against my chest.
It will be a " Blue Doo " for the Ranger's fans if they end up third in the league, and papped out of the Champions League Pot of Gold. It's a risky venture by the 49ers’ and Andrew Cavanagh, but they will see it as a calculated risk as most astute businessmen do, they will have a back up plan 1,2,3 if it goes haywire, which would be to sting the fans more and sell a few more of the Crown Jewels. But given the total disarray at their main rivals, and the club's recent move to 2nd place in the league, and the momentum they have built up, it suggests they are very confident of winning the league.
No doubt the press will spin this as £16m to be spent on new players (as they did last year).
However Rangers' starting point for this season is the £14.8m net loss from last year. If they don't make further savings and/or profits from player sales then this investment will be spent on keeping the lights on as well as "future projects".
Don't forget the charge on the loan they received from the bank who take payments from income such as player sales until their loan (and the interest) is cleared off. That was signed off just before the summer of 2025 so that the club could keep the lights on until the old hierarchy handed over the keys to 49ers.
The Rangers Board are writing cheques they can't cash or back up, outside of player sales and raised season ticket prices, but that is the way most forward thinking businesses operate and have done for a long, long time, they run their enterprises on Debt, in other words other people's money. Our Celtic Board by comparison is very risk adverse and parsimonious, and would never consider such a risky and shady modus operandi.
Which business model would you follow in the circumstances ? I'll leave that up to you to consider and judge, meanwhile I will keep my own powder dry, and cards firmly stacked against my chest.
It will be a " Blue Doo " for the Ranger's fans if they end up third in the league, and papped out of the Champions League Pot of Gold. It's a risky venture by the 49ers’ and Andrew Cavanagh, but they will see it as a calculated risk as most astute businessmen do, they will have a back up plan 1,2,3 if it goes haywire, which would be to sting the fans more and sell a few more of the Crown Jewels. But given the total disarray at their main rivals, and the club's recent move to 2nd place in the league, and the momentum they have built up, it suggests they are very confident of winning the league.
I used to care, but we don't see our own club progressing, why give a fck about the huns?
I'm absolutely pissed off with Celtic ATM!!!!!!
We are all pissed off about the state of Celtic at the minute Jeremy. The club is an absolute basket case run by the lunatics in the asylum.
No doubt the press will spin this as £16m to be spent on new players (as they did last year).
However Rangers' starting point for this season is the £14.8m net loss from last year. If they don't make further savings and/or profits from player sales then this investment will be spent on keeping the lights on as well as "future projects".
Meet the new boss
Same as the old boss
Don't forget the charge on the loan they received from the bank who take payments from income such as player sales until their loan (and the interest) is cleared off. That was signed off just before the summer of 2025 so that the club could keep the lights on until the old hierarchy handed over the keys to 49ers.
Yeah Macquarie's.
It looks like the outstanding final 2 payments (of 3) for the transfers of Colak and Lammers.
On that basis there is probably only one year still outstanding which should not be for a huge amount of money.
It certainly doesn't help their player trading model though.