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Old 03-05-2013, 05:13 AM   #149
roamer

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Hi

This cuts from their Interim Results, which were out yesterday :




Season ticket sales in excess of 38,000, one of the highest levels of season ticket sales achieved by any UK club

· Average home league attendance of 45,363 during the period; fifth highest ranking UK football attendance

· New retail arrangement signed with the UK's largest sports retailer, Sports Direct

· New kit manufacturer agreement signed with one of the world's leading sport-lifestyle brands, Puma

· New shirt sponsor, Blackthorn Cider, for season 2013/14

· Acquisition of the Albion car park and Edmiston House for future ventures to enhance match day experience in January 2013"



"Charles Green, CEO of Rangers, commented "This has been a significant period in the Club's history, in which vital steps were taken to ensure the survival and rebuilding of one of the UK's most venerable football institutions. The priority for the Company to date has been to stabilise the business and put in place solid financial foundations for the future. To this end, revenue streams have been enhanced, and costs cut. In addition, important strategic steps have been taken, such as the agreements now in place with Sports Direct, Puma and Blackthorn Cider. These achievements have been made whilst retaining the important fabric and structure of the Club.



"We will continue to execute our growth plan, and investors and supporters can have confidence in the development of operations as the Club progresses. Undoubtedly, challenges lie ahead but the Club is now well equipped to meet them successfully. Above all, the Club and its supporters are resolute in the belief that, both on and off the pitch, Rangers can look to the future with confidence and pride."




I noticed investors who bought in 7 months or so ago have done OK.
Shares issued at 70p, now trading around the 79 p mark, after having touched 93p or so late Dec/early Jan.


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