Sevco

Newco release another batch of shares after paying £2.5 million for Ramsay

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Image for Newco release another batch of shares after paying £2.5 million for Ramsay

Suicidal accountancy is again on display at Ibrox after the Newco has again diluted its shares by once again issuing confetti to keep the lights on.

Follow Follow has a thread about it you can access by clicking here.

At this stage of the season, one idea why shares may well be issued is that the Russian transfer window closes today, meaning that the failure of Morelos to secure a £20 million pound move to Zenit as reported yesterday has left the People a little short.

Not only are the Newco short on money but they are absolutely fleecing their fans, they will be relying on getting past Dortmund, if they are to fail there on Thursday expect there to be another share issue needed in March.

This also raises a very serious aspect of this cowboy share issues without any consultation to existing shareholders.

As Latinoheat 72 states, his investment is becoming worthless, above him the loan sniper can see where the money is going, the facts are Sevco spent £2.5 million on Ramsay for less than an hour played in nearly a month.

That they have had to go and get some money to cover this pay off is a joke.

Also, there are a few special ones about on this thread without much empathy for those who put their hard earned into the club.

Also the cringiest emoji on earth is called the Boydie Cheeser, Sevvies can add it to their posts.

I am sure Chris Sutton sleeps well at night knowing there isn’t a Sutton emoji on the Huddleboard.

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