Originally published at: https://www.rangersnews.uk/news/celtic-fan-journalist-writes-tragic-forbes-piece-on-rangers-finances/
A Celtic supporting journalist has come under fire for a damning Forbes article on the current financial situation at Rangers. Pointing to the timing of the release, Mike Meehall Wood discusses everything from Rangers losing money, to how unsellable the club’s playing assets are and the “worrying stuff” surrounding Rangers’ latest annual report in the…
Read first 2 paragraphs of this muppets story,did not need to read the rest.Just another jumped up Tim actually total asswipe
I still think when we were booted out of Scottish Football (not relegated as some people believe.We had to apply to the SFL for entry to their league) we should have sought entry to the English League at the lowest tier and left Scottish Football to rot without us! We let them sh*t on us and it continues.
That’s all good and well that the guy in Forbes is a Celtic fan but what does the board mean by this statement - “The Board acknowledge that the uncertainty over the level of additional funds that will be required and a lack of a binding debt facility indicate that a material uncertainty exists which may cast doubt over the Group’s ability to continue as a going concern and therefore its ability to realise its assets and discharge its liabilities in the normal course of business.”
To me the board is saying there is nay money that’s not a Celtic fan that states the above it’s our board, are to assume it means nothing.
Terrible journalism the guy doesn’t have a clue, honestly think he is doing it to get a reaction and wind people up. As for our finances the fact we have come out and made a statement regarding an 11 million deficit it was not going to be long before we saw this type of stuff. We need to address the financial situation ASAP. Getting rid of players such as King, Docherty and Grezda may help things along.