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Rangers International Football Club Stockmarket Re-float –up to £20 million to be raised

Tom Winnifrith
Friday 14 August 2015

Rangers International Football (RFC) recently announced the appointment of Peterhouse Corporate Finance as its ISDX advisor, and sources close to the deal say that ISDX is desperate for RIFC to join its junior market in London. A few uncertainties remain.

Sources close to the deal have revealed that bosses at Peterhouse have had four meetings with RIFC Chairman David Cunningham King – with the FCA now having cleared Mr King as fit and proper to run a public company.

However, in order to list on ISDX RIFC must show that it has enough cash to last 18 months. Right now it has net debt of £5 million to the loathed Mike Ashley and

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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