Page 1 of 1

Rangers owe us 328k.

PostPosted: Thu Apr 05, 2012 4:03 pm
by ross.mcfc
Trying to work out why. Any suggestions?

The only deal I can think of is from Michael Ball but we took him off them. Rangers had to let Nikica Jelavic go to Everton on the cheap because they still owed Everton from a transfer in 2001 so It cant be that.

I am ten minutes from Ibrox these day. More than happy to go and knock on the door on behalf of the club.

http://www.bbc.co.uk/news/uk-scotland-g ... t-17628749

Rangers' administrators estimate that the club's total debts could top £134m.

The figure is revealed in the administrator's report to creditors published on the club's website.

A total of more than £93m is being claimed by HM Revenue and Customs, relating to the so-called big and small tax cases, and unpaid VAT and PAYE.

The report also reveals Rangers owe cash to other football clubs including Celtic, Hearts, Dundee United, Manchester City and Arsenal.

The full extent of the potential liabilities facing Rangers has been unclear since the Ibrox club went into administration in February.

The creditors' report reveals, however, that the club owes cash to 276 individuals, businesses and public bodies.
Public bodies

The largest estimated amount is to HM Revenue and Customs (HMRC).

Debenture owners - fans who loaned money to the club - are owed £7.7m

And taxpayer-funded bodies also owed money include: Strathclyde Police (£51,882), Scottish Ambulance Service (£8,438), Culture and Sport Glasgow (£10,338), Glasgow City Council (£7,000), Argyll and Bute Council (£406), and Edinburgh City Council (£90).

The report also reveals that Rangers owe more than £2.3m to 12 football clubs in Scotland, England and throughout Europe.

Domestically, Rangers owe: Hearts (£800,000), Dunfermline Athletic (£83,370), Dundee United (£65,981), Celtic (£40,337) and Inverness Caledonian Thistle (£39,805).

English clubs are also owed more than £700,000. This breaks down as: Manchester City (£328,248), Chelsea (£238,345) and Arsenal (£136,560).

European clubs are also owed more than £1.6m, including Rapid Vienna (£1,011,763), St Etienne (£252,212), Palermo (£205,513) and Orebro (£150,000).

The report reveals that since Rangers went into administration - some six weeks ago - the club has lost more than £2.5m.

The £134m potential debt figure revealed in the Duff and Phelps report does not include liabilities to employees, including the playing staff whose contracts revert to their original terms on 1 June.

If these playing staff contracts are to be honoured, the £134m liability will rise by a further significant amount.

Re: Rangers owe us 328k.

PostPosted: Thu Apr 05, 2012 4:13 pm
by mcfc/wire
Loan money from Weiss ? Gate receipts from that friendly a couple of years ago ?

Re: Rangers owe us 328k.

PostPosted: Thu Apr 05, 2012 4:15 pm
by ross.mcfc
mcfc/wire wrote:Loan money from Weiss ? Gate receipts from that friendly a couple of years ago ?


Could be Weiss. Forgot about him. Is he world footballer of the year yet?

I was at that friendly. Gate receipts would not have amounted to that much.

Re: Rangers owe us 328k.

PostPosted: Thu Apr 05, 2012 4:31 pm
by Alex Sapphire
the cleaning bill for when the wankers shit all over our city?

Re: Rangers owe us 328k.

PostPosted: Thu Apr 05, 2012 4:49 pm
by mcfc/wire
ross.mcfc wrote:
mcfc/wire wrote:Loan money from Weiss ? Gate receipts from that friendly a couple of years ago ?


Could be Weiss. Forgot about him. Is he world footballer of the year yet?

I was at that friendly. Gate receipts would not have amounted to that much.


Probably a bit of both i would of thought . Also i think Rangers have also played Chelsea and Arsenal in pre season friendlies up at Ibrox over the last couple of seasons . Im sure CityGer will put me right on that one .

It would of been nice to see a list of who we owed money to before Frank departed . lol .

Re: Rangers owe us 328k.

PostPosted: Thu Apr 05, 2012 4:53 pm
by ross.mcfc
mcfc/wire wrote:
ross.mcfc wrote:
mcfc/wire wrote:Loan money from Weiss ? Gate receipts from that friendly a couple of years ago ?


Could be Weiss. Forgot about him. Is he world footballer of the year yet?

I was at that friendly. Gate receipts would not have amounted to that much.


Probably a bit of both i would of thought . Also i think Rangers have also played Chelsea and Arsenal in pre season friendlies up at Ibrox over the last couple of seasons . Im sure CityGer will put me right on that one .

It would of been nice to see a list of who we owed money to before Frank departed . lol .


I think there is a very good book out there to be written about our Frank period. I know quite a bit about Thai politics. Would be a fascinating read. I'll add it to my to do list.

I will save it till we are CL winners. Would be a great rags to fake riches to mega riches tale.

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 3:24 am
by Blue Noodle
Didn't Roger Waterraus go from City to Rangers in about 2004? could be that fee.

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 3:33 am
by DoomMerchant
someone with a better financial sense than me should tell me how Rangers survive this shit. very depressing stuff tbh.

cheers

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 8:50 am
by Ted Hughes
DoomMerchant wrote:someone with a better financial sense than me should tell me how Rangers survive this shit. very depressing stuff tbh.

cheers


It's different when it happens at the top, compared to when it happens if you're already down in the shit imo. At the top there is more interest in bailing you out. Putting a load of money in to clear a club's debts so they can play v Scunthorpe etc with no TV coverage is not so attractive.

Rangers can be in the Champion's Lg regularly.

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 8:56 am
by Goaters 103
Weiss loan fee and gate receipts from our friendly a couple of years back. That can be the only reasons.

To be fair Gers owe quie a bit more, to quite a few more.

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 9:23 am
by Socrates
DoomMerchant wrote:someone with a better financial sense than me should tell me how Rangers survive this shit. very depressing stuff tbh.

cheers


a) a very rich buyer or b) one who is willing to sell the fixed assets and lease them back?

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 9:59 am
by Goataldo
Blue Noodle wrote:Didn't Roger Waterraus go from City to Rangers in about 2004? could be that fee.


No wonder Rangers are going to The Wall.

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 10:51 am
by Dameerto
Repair bill for ripping up the CoMS a few years back?

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 1:17 pm
by Tokyo Blue
Goataldo wrote:
Blue Noodle wrote:Didn't Roger Waterraus go from City to Rangers in about 2004? could be that fee.


No wonder Rangers are going to The Wall.

Well, it made me smile.

Re: Rangers owe us 328k.

PostPosted: Fri Apr 06, 2012 7:47 pm
by Bianchi on Ice
Tokyo Blue wrote:
Goataldo wrote:
Blue Noodle wrote:Didn't Roger Waterraus go from City to Rangers in about 2004? could be that fee.


No wonder Rangers are going to The Wall.

Well, it made me smile.


Took me longer than it should have...but very good!