The Immortality Project

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ForresDee says: September 6, 2013 at 9:34 pm Differently to what. I …

Comment on The Immortality Project by Tif Finn.

ForresDee says:
September 6, 2013 at 9:34 pm

Differently to what.

I said “The duty of a board of directors is to act in the interests of all of the shareholders if I remember correctly.”

Do you disagree.

Tif Finn Also Commented

The Immortality Project
ecobhoy says:
October 3, 2013 at 8:38 pm

Forgive my ignorance, will they definitely be ordinary shares.

The Immortality Project
Danish Pastry says:
October 3, 2013 at 8:44 pm

To be worthwhile the landlord would have to have a long term tenant in mind. One which was a viable business which could afford to pay a decent rent.

I am told, vociferously and often, that Ibrox Stadium and Murray Park have very limited use which cannot be changed, so it really needs to be some sort of sporting club based in Glasgow as your tenant.

It’s a limited market you have there.

The Immortality Project

Rangers International Football Club PLC

This is the website for Rangers International Football Club plc, the holding company of The Rangers Football Club. The Official website for The Rangers Football Club can be accessed at

The following information set out below is being disclosed for the purposes of Rule 26 of the AIM Rules for Companies:

Rangers International Football Club plc is a football club based in Glasgow, Scotland. Further information on the Company’s operations are detailed under Business Overview.

Brief biographies for the Directors of the Company and details of the Directors’ responsibilities and committees of the Board are detailed under Board & Management.

The Company is incorporated in Scotland with registration number SC 437060 and its main country of operation is Scotland.

The Company’s ordinary shares of 1 pence each are admitted to trading on AIM, a market operated by the London Stock Exchange plc (“AIM”), and are freely transferable. Details of the number of shares in issue, major shareholders and the percentage of shares that are not held in public hands are detailed under Share Information.

The Company’s Annual Report and Accounts and Interim Accounts are available at Reports & Accounts.

The Company’s press releases are detailed under Regulatory Announcements.

A directory of the Company’s key advisers, including the nominated adviser, is detailed under Advisers.

The Company’s prospectus and articles of association are available to be downloaded from Circulars & Admission Document.


“Rangers International Football Club plc is a football club based in Glasgow, Scotland.”

Is it really, it must be a fairly new one then. Neither it or the Ltd Co it was formed from has been about very long.

There was me thinking it was a holding company which owned a new football club. Turns out it actually is the new football club.

Recent Comments by Tif Finn

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Regarding tv coverage.

As I understand it the tv companies had the contractual right to show a number of games from the different stadiums.

They were naturally going to use two of those from Celtic Park when Rangers visited and two at Ibrox when Celtic visited. The bottom line for the other grounds is that the biggest draws were when that teams on natural rivals were visiting (say Hearts at Hibs) or when either Celtic or Rangers were there.

The tv companies have to try to maximise viewing figures and that was simply the best way to do it.

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A nice precedent for Craig Whyte if these recordings are admissible.

Particulalry Charles Green saying “You are Sevco” several times in the same meeting.

It’s small wonder he wouldn’t object to things like that being made available.

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RIFC actually did take on some of the debts of their predecessor and paid them.

From the accounts

“There were also substantial payments of £2.4m made to clear football debts to other Clubs incurred
pre-administration which the management of the Club was committed to addressing”

As I recall the football authorities also withheld money owed to Rangers, which should have gone to the administrators and used it to pay football debts.

Between them Rangers and the Scottish Football Authorities they created an effective preference for one group of creditors.

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It’s an entirely different World nowadays with regards the press and access to information and opinion.

The internet and in particular social media has totally changed the landscape.

Several decades ago people really only had newspapers, the radio and Saturday night highlights to go on. Sports reporters and broadcasters had an enormous influence on public opinion, whether it be positive or negative.

That has been totally overturned for a lot of people. Particularly with places like this, where what they say can be challenged and often be demonstrated to be little more than propaganda and press releases.

For example for years most people really believed that Sir David Murray had actually been putting his own money into Rangers and financing their success. This was put about and supported by the “succulent lamb” journalism of the time.

Things have changed for the better.

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For McCoist to “value” the players registered to the team at that time as if they were employed by a vibrant healthy club is disingenuous anyway. That is not the reality of the situation. It was a club in administration from February and as such any transfer fees would have reflected that position.

I know they didn’t think the normal rules of administration applied to them, they even tried to bring a player in. However as clubs who have been through the process know players are sold at a fraction of their “normal” value simply to bring money in and get them off the wage bill.

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