UK 14:47 Monday, 26 October 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


RFC

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

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.

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Comments


  1. turbograndad

    AHHHHHHHHHHHHH, the beautiful bountiful game.

  2. Is this a new series of articles where vile bigots are given a platform to discuss their favourite investment ideas?

    What next I wonder. Nick Griffin discussing opportunities in Africa and the Middle East? Anjem Choudray covering the investment case for Diageo?

  3. Tom,

    I enjoy reading your articles but I really think you should do some background checks into the ‘journalists’ that you collaborate with.

    ‘Phil Mac Giolla Bháin’ is a laughable fantasist whose obsession with all things Rangers should have the men in white coats knocking on his door.
    His ‘exclusives’ over the last month include the startling revelation that Rangers have only managed to sell 8,000 season tickets (the true figure is 30,000+) and that the Rangers directors were receiving salaries of thousands of pounds per week (Rangers announced that the directors receive no remuneration).
    His modus operandi is quite simple. Make up a ridiculous story and claim that if Rangers do not deny it then it must be true.
    It is interesting that he has now put his name to a story that Rangers are on the brink of raising £20 million when he has been stating consistently that Rangers would eventually go into administration again.

    He has been wrong on virtually every detail of the Rangers story since Dave King took over. Combine this with his juvenile and offensive descriptions of Rangers and their fans. He describes Rangers fans as an ‘underclass’, ‘the klan’ and ‘Herrenvolk’.
    Rangers are ‘stalag sevco’?!

    The man’s work is truly toxic and personally I wouldn’t want my own name on a byline next to his.

  4. L

    Deliberately – knowing I was co-writing this today I am wearing an Ulster Rugby shirt. I know full well who Phil is.

    As it happens the facts here are correct. I verified.

    t

  5. Tom,

    you verified. So what part did Phil of the many names play in the story?
    Did he give you access to his ‘man in the city’ or any of his numerous ‘well-placed source[s]’?

  6. Tom, I’m sure the likes of Chris Oil occasionally uncovers a nugget of information which proves to be correct. But any sensible investor gives them a wide berth due to what we could politely term credibility issues. So it should be with this individual.

    As it happens nothing in this article is particularly controversial and an awful lot of the information is already in the public domain. Rangers still have just over 40 million unissued shares. Issuing them at say 30p (mid before suspension was 35.5p) would raise 12 bernies. But of course any board of directors would look to raise as much as possible while things are good. A more attractive style of play and a sensible player recruitment policy has paid off already. Season ticket sales are up. The ground was full for the first league game at home. Sales for the second league game are looking like another full stadium. If the board wasn’t looking to take advantage of the feel good factor, they would be failing in their roles. If that also means diluting diluting Mike Ashley, so much the better.

    I’ve no doubt that everything in this story is correct, but even a broken clock is correct occasionally.

  7. Chaps

    I am still wearing my ulster rugby shirt. My family hail from Donegal but were settlers. I have made my views on Gerry Adams and the IRA very clear. I regard the politics of my co-author as loathsome. But I verified the facts and Phil does have some insight into Rangers matters that interest me so we talk. He knows where I stand on Irish matters and I know where he stands. But I am not going to refuse to work with him just because of that.

    Heck I work with Malcolm Stacey who reads the Guardian! I am tolerance personified.

    One of the most loathsome aspects of Scottish life is the way that folks can be dismissed as having irrelevant views just because they are a blue nose or a left footer. I sense some of the attacks on Phil are driven by that agenda although his strident views do invite that.

    I want nothing to do with this sectarian bigotry. I simply reported the facts re Rangers. As I have always done. Get over it. This story (above) is accurate

    T

  8. Tom, if you don’t want anything to do with sectarian bigotry then don’t associate with sectarian bigots. I seriously doubt that the individual who wrote the TAL Fanzine blog on the 27th of March 2013 has any great love for Rangers FC. Yet they seem quite happy to describe Phil as a sectarian bigot.

    On the one hand you have Steve Moore’s pieces on Rangers, which despite many of them being fairly negative, don’t attract much in the way of comments at all. Then on the other hand you have this fairly neutral piece and you have been told several times that your co-author is a sectarian bigot.

    There are clearly several possibilities here (many possibilities perhaps). But let’s limit ourselves to a couple. One could be that Rangers fans will attack anybody who writes negative comment as a sectarian bigot. Well perhaps the odd loony might, but I think Steve’s pieces rather disprove this hypothesis. A second possibility could be that your co-author is in fact a sectarian bigot. There is certainly enough evidence in existence to at least hint at the possibility.

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Monday »

Bear
Video: The US Will ‘Return to Gold’, Imminent Debt-Spiral & The Fourth Turning
  • By Tom Winnifrith
  • 26 October 2026, 14:02
CGS
Castings plc – “the order book remains strong across the group,” BUT…
  • By Steve Moore
  • 26 October 2026, 13:25
OCDO
Bet the ranch on a short, win a Greek Hovel Holiday – entry No 4: A on Ocado
  • By Tom Winnifrith
  • 26 October 2026, 13:06
GEX
A letter to Wiluna Shire CEO Matt McIntyre: Georgina Energy is calling you out as liars
  • By Tom Winnifrith
  • 26 October 2026, 11:03
SSTY
Safestay – hopefully my prior warnings were heeded as it’s admitted “face pressure on its liquidity position”!
  • By Steve Moore
  • 26 October 2026, 10:54
AC8
Bet the ranch on a short, win a Greek Hovel Holiday – entry No 3: Evil Banksta on Acceler8 Ventures
  • By Tom Winnifrith
  • 26 October 2026, 08:33
WCAP
WeCap is technically insolvent by a mile: The Fat Lady approaches
  • By Tom Winnifrith
  • 26 October 2026, 08:14

Sunday »

GEX
Shire of Wiluna audio recording: $10m of bad news for Georgina Energy
  • By Tom Winnifrith
  • 25 October 2026, 18:49
Gold
The View From The Montana Log-Cabin As Gold Capitulates – Am I Panicking?
  • By Nigel Somerville
  • 25 October 2026, 18:48
CAS
Bet the ranch on a short, win a Greek Hovel Holiday – entry No 2: M on Candessa AI
  • By Tom Winnifrith
  • 25 October 2026, 18:47
Quiz
The ShareProphets Sunday Pub Quiz #369
  • By Darren Atwater
  • 25 October 2026, 07:42
Blackboard
Visual Aid: How Many Disaster Warnings Does It Take for People to Act?
  • By Darren Atwater
  • 25 October 2026, 07:42
GEX
Bet the ranch on a short, win a Greek Hovel Holiday – entry No 1: BuriedTreasure on Georgina Energy
  • By Tom Winnifrith
  • 25 October 2026, 07:39
Reading
Sunday Long Reads: Goodbye Gate Theatre, Walking Oxford Street, Cookie Loophole, Paranoid Putin, First Social Network
  • By Darren Atwater
  • 25 October 2026, 07:24
Top-10
Notes from Underground – Most read articles for the week ending October 24
  • By Darren Atwater
  • 25 October 2026, 07:23

Saturday »

Greek Tear
NEW: Win an off peak week at the Greek Hovel and help me out contest: PLEASE START SENDING ENTRIES TODAY!
  • By Tom Winnifrith
  • 24 October 2026, 14:52
Bearcast
Tom Winnifrith Bearcast: The Tide IS going out and soon you will see who is swimming naked
  • By Tom Winnifrith
  • 24 October 2026, 14:52
PRE
Pensana: fake sheikh deal, project delays, financing black hole so its pay rises all round!
  • By Tom Winnifrith
  • 24 October 2026, 13:32
VLRM
The Valereum $32 billion fraud and the BLM dog that barked in the night!
  • By Tom Winnifrith
  • 24 October 2026, 12:04
BMY
Bloomsbury Publishing – interims, second-half start and outlook gives full-year confidence on winning share tip
  • By Tom Winnifrith & Steve Moore
  • 24 October 2026, 11:26
GEX
The Georgina Energy Hussar fraud, the FCA and the mystery of the dog that barked in the night!
  • By Tom Winnifrith
  • 24 October 2026, 11:12
Sinking_Ship
Nuburu Inc - delisting ahoy?
  • By Tom Winnifrith
  • 24 October 2026, 10:40

Friday »

DEBS
Boohoo – emphasises “first time the group has delivered positive profit before tax since August 2021”, but has it really though?…
  • By Steve Moore
  • 23 October 2026, 16:20
Bearcast
Tom Winnifrith Bearcast: Am I shitting bricks abut the FCA and market abuse, a law suit or my portfolio? er...No!
  • By Tom Winnifrith
  • 23 October 2026, 16:17
RBN
Robinson plc – another “Trading Update” = another profit warning (natch!)
  • By Steve Moore
  • 23 October 2026, 15:07
PRD
Video: Crazy old coot knows why shares in his company tanked, nothing to do with a massively discounted placing of course!
  • By Tom Winnifrith
  • 23 October 2026, 12:41
DGQ
Delta Gold – that share buying spoofing is really not going well at all, as EK could have told you
  • By Tom Winnifrith
  • 23 October 2026, 12:07
GEX
Letter to the FCA – suspend Georgina Energy shares now and launch a full enquiry
  • By Tom Winnifrith
  • 23 October 2026, 11:34
GBG
GB Group – half-year trading statement, now a value Buy?
  • By HotStockRockets
  • 23 October 2026, 11:16
CRTA
Letter to Stifel Europe, Nomad to Cirata – do you still have faith in Stephen Kelly? Nobody else does!
  • By Tom Winnifrith
  • 23 October 2026, 10:35
GEX
EXPLOSIVE GOTCHA!: Georgina Energy has misled market 100% about its drilling permits ahead of 2 fundraises
  • By Tom Winnifrith
  • 23 October 2026, 09:55
VLRM
Valereum and the California $32 billon mining claim fraud Part 3, more red flags
  • By Tom Winnifrith
  • 23 October 2026, 09:35

Thursday »

IKA
Ilika – “Launches ORKA Brand for Marine Applications”, ramptastic?
  • By Steve Moore
  • 22 October 2026, 16:05
Bearcast
Tom Winnifrith Bearcast: helping Wishbone gerbils with maths on its cash crisis & the AQSE paradox
  • By Tom Winnifrith
  • 22 October 2026, 14:27
Crime-Scene
A Message from Paul Mathieson
  • By Tom Winnifrith
  • 22 October 2026, 14:14
FAB
Fusion Antibodies – a “delighted to have secured” contract win, attempted ramptastic?
  • By Steve Moore
  • 22 October 2026, 13:19
VLRM
Chat GPT analyses the Valereum LIES ( 2026 only)
  • By Tom Winnifrith
  • 22 October 2026, 12:39
JR-Ewing
Video: ‘Ragingly Tight’ Diesel Markets, Skyrocketing Inflation & The Escalating Iran War
  • By Tom Winnifrith
  • 22 October 2026, 12:30
VLRM
BREAKING: Valereum – this is FRAUD Part 2 on the California Bezzle
  • By Tom Winnifrith
  • 22 October 2026, 12:21
WSBN
A letter to London’s worst Nomad – re Wishbone gold and the planned rescue placing, is it 10p or lower?
  • By Tom Winnifrith
  • 22 October 2026, 11:27
ATG
Auction Technology – trading “slightly ahead of current market expectations”, but what’s already discounted in the share price?
  • By Steve Moore
  • 22 October 2026, 10:58
VLRM
BREAKING: Valereum – this is FRAUD Part 1 on the California Bezzle
  • By Tom Winnifrith
  • 22 October 2026, 10:27

Wednesday »

GELN
Gelion – full-year results, how “strong” ‘a platform to support the group’s next phase’?
  • By Steve Moore
  • 21 October 2026, 16:09
Bearcast
Tom Winnifrith Bearcast: Evil Banksta gets a Mobico financial kicking, thank heavens for Andrew Monk and his bodged placing
  • By Tom Winnifrith
  • 21 October 2026, 15:07
VINO
Virgin Wines UK – a full-year swing from more than £1m profit to more than £1m loss… so an argued “another excellent year of progress” (natch!)
  • By Steve Moore
  • 21 October 2026, 14:16
EDGE
BREAKING: Falconedge – statement needed, shares collapsing! Told y'all!
  • By Tom Winnifrith
  • 21 October 2026, 12:24
PBX
ProBiotix Health – Q3 update, a dealing with the “global uncertainty” Buy
  • By HotStockRockets
  • 21 October 2026, 11:17
DOM
Domino’s Pizza – Q3 update, is the emphasised “continued positive trading momentum” ‘tasty’ enough for the valuation?
  • By Steve Moore
  • 21 October 2026, 10:58
WSBN
BREAKING: Wishbone – looking to raise up to £2m at as low as 10p – City source
  • By Tom Winnifrith
  • 21 October 2026, 10:50
Fake_News
Camilla Tominey at the Telegraph claims BREAKING scoop on Liam Byrne MP -the shameless hussy is TWO YEARS too late!
  • By Tom Winnifrith
  • 21 October 2026, 10:30
KEN
Colin Bird tell me I am wrong: Kendrick Resources has no cash left at all
  • By Tom Winnifrith
  • 21 October 2026, 09:34
ECOB
Photo : Eco Buildings, perhaps this explains the share spike?
  • By Tom Winnifrith
  • 21 October 2026, 08:25

Tuesday »

TRI
Trifast – “confident in delivering further margin improvement”, but what about in overall profitability?
  • By Steve Moore
  • 20 October 2026, 16:29
Bearcast
Tom Winnifrith Bearcast: Probiotix and Invinity
  • By Tom Winnifrith
  • 20 October 2026, 16:23
G4M
Gear4music – I having last month noted caution on half-year performance, what about now a “Half Year Trading Update”?…
  • By Steve Moore
  • 20 October 2026, 14:27
ECOB
Eco Buildings – no I do not have a scooby
  • By Tom Winnifrith
  • 20 October 2026, 13:58
TRUE
Truetide – SMTM ( or lack of it)
  • By Tom Winnifrith
  • 20 October 2026, 12:47
IES
After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out
  • By Tom Winnifrith
  • 20 October 2026, 12:04
TIN
Cornish Metals: £135 million fund raise at just 60p, am I being suspicious?
  • By Tom Winnifrith
  • 20 October 2026, 11:23
GEN
Genuit – I having written in May ‘a profit warning ahoy here?’, what about now a nine months trading update?…
  • By Steve Moore
  • 20 October 2026, 10:46
BSFA
BSF Enterprise and the patent spoof: an expert writes
  • By Tom Winnifrith
  • 20 October 2026, 09:44
Collapsing-Reactor
BREAKING: Alessandro Zamboni’s Nuburu censured by NYSE American SE for late publication of material events, the trap door of delisting gets nearer
  • By Tom Winnifrith
  • 20 October 2026, 09:20

Monday »

VLX
Volex – “profit expected to be towards the upper end of current market expectations”, but how’s the outlook?
  • By Steve Moore
  • 19 October 2026, 16:19
Bearcast
Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?
  • By Tom Winnifrith
  • 19 October 2026, 15:44
GELN
Gelion – “Strong Independent U.S. Validation of Gelion's NES”, timely ramptastic?
  • By Steve Moore
  • 19 October 2026, 13:34
DGQ
Artificial Intelligence is not as clever as bear raider Evil Knievil, a self styled natural genius, – Delta Gold
  • By Tom Winnifrith
  • 19 October 2026, 12:56
MNTL
Technology Minerals fesses to Recyclus Winding Up Order from HMRC but there’s a bigger issue
  • By Tom Winnifrith
  • 19 October 2026, 12:27
IES
GOTCHA Monkey you smug bastard: Invinity bailout at just 10p
  • By Tom Winnifrith
  • 19 October 2026, 11:07
BMV
THIS SMELLS: Bluebird Mining and a spoof share buyback, has Sath passed the BVI solvency test?
  • By Tom Winnifrith
  • 19 October 2026, 10:39
MIND
Mind Gym – “the drive to advance cash receipts in the business model continues to prove successful”. Er, does it?…
  • By Steve Moore
  • 19 October 2026, 10:38
Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 2
  • By Tom Winnifrith
  • 19 October 2026, 08:16
Boom
When Cult Wines goes tits up here’s my prediction, just look at Trustpilot!
  • By Tom Winnifrith
  • 19 October 2026, 08:15