Categories:Corporate

FFW and Travers Smith score roles on Rangers' £20m IPO

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  • If this new club is claiming 140 yrs of history then the right thing to do is pay your debts to the government and the creditors. You cannoy have it both ways. Either you are a brand new entity as viewed by UEFA or you need to pay up if attached to the old club

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  • Why is this non-entity news?

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  • What hasn't been announced today is that 22 million shares have already been issued to the original investors who provided the money to but the assets of the old club which was in administration and is shortly to be liquidated.
    It also faces having 10 years of titles stripped by the SPL and is banned from Europe for 3 years and isn't allowed to buy any players for another 18 months.
    The CEO Charles Green, was deputy chairman of Panceltica which is well remembered by AIM shareholders who lost 85 million in the shortlived company. Green has also publicly barred Rangers from playing in the top scottish league the SPL while he is still in charge. I think shareholders should know that.

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  • We cannot buy players until after Xmas next year. We need £6M to just get to the end of the season to cover our shortfall. This is simply being rushed to put money back into Green and Cos pockets. Are they offering us "ordinary share holders" to be the same deal as they have had the opportunity to take up. I guess we will see the master plan after 5pm!. I've not trusted them from the start.

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  • i agree with the first person's comment.
    if sevco want to claim "rangers" history, that history includes £94million worth of debt, which could have paid for schools, hospitals, care for the elderly etc...
    so this money should be paid back...£2million back each year for next 50 years should cover it. 50 years to pay off their debt, isn't unreasonable.

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  • http://www.uefa.com/teamsandplayers/teams/club=50121/profile/index.html
    Before posting erroneous comments perhaps you should 'know your history'. Here's a link to the official uefa website...if you can read.

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  • Apart from a few sentimental fans, why would anyone buy shares in Rangers FC?

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  • sevco fans have tried to say that it was the company that was liquidated and not the club, so what exactly are they buying shares in? club or company?

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  • UEFA last updated 2011 can't you read.

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  • chap that posted that EUFA link to Rangers - last updated
    * Last updated 31 December 2010
    Now the club no longer exists - it's impossible to update

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