Scottish Fitba'

Doon frae Troon

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Amazing to think that this is a potential relegation battle. 😜
If both teams carry on playing like that it will be a relegation battle.

Only blessing was that all of Hearts subs were offensive where as all Hibs were defensive.

!9 year old Hearts striker James Wilson scores two goals in two games from a total distance of 2 feet. (y)
Shades of Leeds legend Alan 'Sniffer' Clarke about him recon some Hearts fans.;)
 

SwingsitlikeHogan

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Oh dear Sevco..£17m loss last financial year - added to previous years of losses gives £150m…sustainable? No matter, I am sure that someone has at least the concept of a plan. If not…then there may be some walking away of investors and the club faces a rerun of the Valentines Day ‘massacre’ of 2012.

Most clubs in Scotland wouldn’t last five minutes with equivalent/relative losses - yet somehow Rangers FC swim serenely on.

Anyway…thinking that Aberdeen are favourites for this evening.
 

KenL

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Oh dear Sevco..£17m loss last financial year - added to previous years of losses gives £150m…sustainable? No matter, I am sure that someone has at least the concept of a plan. If not…then there may be some walking away of investors and the club faces a rerun of the Valentines Day ‘massacre’ of 2012.

Most clubs in Scotland wouldn’t last five minutes with equivalent/relative losses - yet somehow Rangers FC swim serenely on.

Anyway…thinking that Aberdeen are favourites for this evening.
Sevco. 🙄
 

SwingsitlikeHogan

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Try a bit research before spouting nonsense.
OK so all I hear from Rangers supporters is that the club did not die it just changed ownership…and so it is the owners who have suffered the losses…I was actually trying to not go down the route that Celtic fans go, but there you go. Got it wrong trying to be less provocative didn’t work.

So it is the club that has posted the losses and so it will be Rangers FC the club who would go into administration? Or not? But of course administration won’t happen - I hope. Had enough of a Celtic hegemony last time round.

 

GreiginFife

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So who has made the £17m loss? Not good if it’s the actual football club.
Split liability operating is not uncommon in many business fields. In this case the holding company is Rangers International Football Club plc.

It's a business operating as a limited liability company separate to the "sporting club/operation" whilst retaining ownership rights to the club/name.

As I say, and as much as Cellik fans would want people to believe, it's not an uncommon practice for business owners to protect their "brand" by using one (or sometimes multiple) holding companies. I have worked for several "mainstream" client businesses over the years that operate in the same way.
 

GreiginFife

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OK so all I hear from Rangers supporters is that the club did not die it just changed ownership…and so it is the owners who have suffered the losses…I was actually trying to not go down the route that Celtic fans go, but there you go. Got it wrong trying to be less provocative didn’t work.

So it is the club that has posted the losses and so it will be Rangers FC the club who would go into administration? Or not? But of course administration won’t happen - I hope. Had enough of a Celtic hegemony last time round.

No, it would be Rangers International Football Club plc that would be wound up. This would have no bearing on the football club as a sporting operation (notionally, as it would still need to be financed form somewhere).
 

chico

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Split liability operating is not uncommon in many business fields. In this case the holding company is Rangers International Football Club plc.

It's a business operating as a limited liability company separate to the "sporting club/operation" whilst retaining ownership rights to the club/name.

As I say, and as much as Cellik fans would want people to believe, it's not an uncommon practice for business owners to protect their "brand" by using one (or sometimes multiple) holding companies. I have worked for several "mainstream" client businesses over the years that operate in the same way.
As you say not uncommon. Unfortunately for Rangers that wasn't the model used for the club that was liquidated.
As for Pacific Shelf, Celtic changed their corporate structure from a Private Limited co. To a Public Limited Co. They simply done that to protect the old company name.
 

SwingsitlikeHogan

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Aberdeen superb last night for large parts of the game, really well structured and balanced team.
As for Rangers, they were the complete opposite 😂
Watched the highlights and Aberdeen did indeed look like a proper and decent football team. Rangers…? Well I suppose the best we can say is that they got better in the 2nd half.

Elsewhere…down in Paisley in the battle of the 😇😇 well my lot lost out - but I think we still looked a bit better in losing than we did under Levein. Defence looks ropey…and needs sorting. And though I hate ever blaming a keeper given I know how thankless it can be at times…ours really aren’t good enough and are costing us - unlike last season when Mitov was saving us.
 
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