FairwayDodger
Money List Winner
My question about what would the 3 bears bring in comparison was geared towards this chain of thought.
Right now the shareholding of Rangers has been diluted so much that should the 3 bears gain control how would they fund anything without diluting the shares further and begging to the suffering fans again? Neither of these business men will put serious amounts of their own cash in with no guarantee of a return for their investment. Right now Rangers cannot afford to run on it's own 2 feet (hence the Ashley loans) and this £10m loan is going no-where, it is currently Rangers biggest debt and when you consider what income the club generate now a £10m is a huge debt to carry and even if the 3 bears get control this debt will still be there regardless of who takes it on.
It's only going to get messier IMO
£5m, at the moment. Another £5 available if (when) they need it. Hopefully he'll have been run out of town before then.
3 bears offered the money as well so they have it.
A big part of the reason (not by any means the only reason) for the current financial mess is the board made very optimistic estimates for ticket sales etc but the fans have disengaged completely and will not be back until we have a new regime.
Assuming the EGM succeeds and a new board is in place just compare the attendances immediately afterwards with those so far this season.