BEARGER

Dundee 0 - 2 Rangers FGS Igamane

https://www.rangers.co.uk/article/kids-go-free-at-the-museum-at-rangers-women-against-hearts/4fjW4O0Kjmio9LDb4ispCp

I’m sure the new owners will have a list of potential candidates, these guys are professionals. I would surprised if BF is on the list at present.

Agreed, but this sorry episode and others could have been avoided if the board had acted a lot earlier, instead the club gave these moron free range to do what they liked. Better late than never I suppose.

Latest from Daily Record. [snip] Record Sport can reveal Cavenagh visited the Auchenhowie facility as part of a VIP tour with his takeover team a fortnight ago, the day after watching Barry Ferguson’s side clinch a place in the quarter finals of the Europa League with a shoot-out win over Fenerbahce.

What a bunch of sanctimonious morons. No mention of Fenerbahce game I see.

Correct, as I said there are always exceptions to any rule.

There are exceptions to every rule, you’re not suggesting paedophiles are welcome are you?

An exception can be made for those who put other fans in danger and cost the club £k’s.

https://www.matchwornshirt.com/product/vaclav-cerny-eOv8hK7oUkW8K54uJu5c_A Above €28K!!!!

Chris Jack on Cavenagh. Cavenagh has right profile to stand out from Ibrox crowd Just who is the businessman leading US consortium's bid to seize reins at Rangers, and what will he bring to the table? Chris Jack Senior football writer NDREW CAVENAGH sat in a crowd of 50,000 at Ibrox and only a handful of those around him knew who he was and why he was there. His subsequent appearances have attracted more interest and his next ones will not be • so innocuous for a man who will no • longer just be a face or a name. Cavenagh was pictured in the • directors' box during the William Hill Premiership victory over St •Johnstone in January. It was an afternoon where events off the field enveloped those on the park as a 3-1 win for Philippe Clement's side proved meaningless for the beleaguered Belgian. In the Copland Stand, the Union Bears unfurled banners which read 'Fans gave all while you let our standards fall' and 'Time for fans to force change'. As the clock hit 55 minutes, the group walked out in protest. Many more around Ibrox joined them amid boos and jeers from those who stayed behind. Cavenagh watched it all unfold and was unperturbed. The calls for change around the top table had been growing for some time. Those who aimed their ire at the boardroom did not know that conversations to bring about that very scenario had been ongoing since October. And they did not know that one of the men who will finance the takeover that will break a new dawn at • Ibrox was sitting amongst them that day. Cavenagh was welcomed by the members of the board that he will soon buy out and replace. Unbeknown to them, this was not his first time watching Rangers. The American healthcare tycoon had previously made an announced trip to get a closer look at the club that he and the 49ers Enterprises are set to take control of. Cavenagh and Paraag Marathe's goal of climbing the Marble Staircase edges closer. As outlined last month, the American consortium will appoint at least two directors to the board as the current hierarchy sells up and ships out. Chairman Fraser Thornton and Patrick Stewart, the chief executive officer, are likely to remain in post following the transfer of power. Former chairmen Dave King and John Bennett are set to offload their entire shareholdings, worth over 20 per cent of RIFC pIc combined, while several others will part with a percentage of their current holdings. On completion, Cavenagh and 49ers Enterprises will control at least 51 per cent of Rangers. Cavenagh and Marathe will call the shots. It is understood that other investors may come on board down the line, but their influence will be minor in comparison to those who are leading the way right now. Gretar Steinsson, the 49ers Enterprises technical director, joined Cavenagh at matches with Fenerbahce and Celtic last week and is providing guidance over the appointment of a sporting director and the permanent manager ahead of next season. They are decisions that will give supporters an insight into where Rangers are heading after another fraught period of relations, The disconnect between those in the corridors of power and those in the stands was evident that afternoon against the Saints. It had been clear for some time as Rangers endured Cavenagh and Marathe are in this for the right reasons. Marathe spoke last month about how 49ers Enterprises are always looking for 'clubs with the right history of success'. That is Rangers another dreadful campaign and another failed title bid. It did not put Cavenagh and Marathe off then and nothing that has unfolded since has either. Ironically, it has perhaps made their jobs that bit easier. The need for regime change had been evident to many for some time. Belatedly, the acknowledgement became widespread amongst the investor group, and initial agreements were able to be reached. A successful season on the pitch could, in theory, have taken the share price up and those that hold the main stakes could have demanded a higher value for their stock or been less inclined to sell up. Now, this is a deal that suits all parties and is the right one at the right time. The transaction will see the Americans purchase potential, both in a sporting and business sense. The investment from 49ers Enterprises in Leeds United, where Marathe is chairman, saw them buy into the Premier League dream. It is one that is likely to be realised in the coming weeks At Ibrox, the ambitions are European ones. Domestic glories will be the foundations but will never be that lucrative. Achievement on the continent, allied with a new player- trading model and gains in commercial and marketing activities, will see the dollars turn into pounds. The investments will be made in infrastructure as well as people and processes. Headlines over a potential transfer war chest will inevitably grab attention, but the plan will be sensible and sustainable. Rangers must operate with the financial framework of current regulations and this will not be a splurge to strike it rich. The network of interests that the 49ers can tap into will almost be as beneficial to Rangers as the cash that will fund the revolution. There are no plans for Rangers to be a 'feeder club' for Leeds, or vice-versa. Cavenagh made his name in commercial banking before he made his money in the captive insurance market. Cavenagh tapped into an area of growth within the insurance industry Stateside after launching ParetoHealth and the rapid expansion has allowed him to become a prominent figures in the field. One expert with a knowledge of the American system outlined the ParetoHealth business model that sees the firm offer self-insurance to individuals or companies by setting up funds that sums are paid into to provide cover. In his profile on the Pareto Health website, Cavenagh is described as leading the charge to dismantle outdated health insurance approaches and challenging organisations to build new ways to bring affordable healthcare to their employees. What was once a niche market has grown at a significant rate. A fit-for- purpose policy in America is like gold dust and similar schemes may soon appear on these shores after a recent Government consultation. Pareto secured an $80million private equity investment from Great Hill Partners in September 2019 and Warburg Pincus joined as an investor in the firm four years later. In that time, Pareto expanded its staff from 800 to 2200 and quadrupled the number of employees it covered to 400,000. Cavenagh moved to the role of executive chairman in February this year. He has been described as a composed, calm and collected individual and a good communicator that has a presence - partly courtesy of a frame that is well over 6ft - about him. He has not been a bold and brash figure around the Ibrox inner sanctun and has impressed with his knowledg of the game during his time in th stands. The finer details of the dea have, naturally, not been divulged to a who have shaken their hands, bu those who have visited have mad positive impressions and there is n doubt about their well-meanin intentions for a club and an institutiol Cavenagh must surely have bee caught up in the sense of occasion : Barry Ferguson's side beat Fenerbah‹ on penalties at Ibrox. It would certain not have hurt the prospects of a de being done but the process is f enough along the line for supporters start to get excited. As one source put it must be remembered that the finone per cent can be the hardest to put in place and fans should remain cognisant of the complexities and the stakes as discussions continue in the coming weeks. Cavenagh was asked by Sky Sports how close he was to taking over at Ibrox as he made his way back to his taxi post-match on Thursday. A reply of'Great match tonight, just here to support the club' saw the issue side- stepped before he wished his questioner a wonderful night' and headed back to his city centre hotel. Further trips to Glasgow are expected before the end of the campaign. Marathe was not in attendance for the last-16 fixture or the Old Firm win. He was at Old Trafford in January, but not as a guest of the visitors as previously assumed. It is understood that Marathe and Steinsson had their own table at the Battle of Britain§ended up in the same suite as the Rangers delegation and a host of famous faces that included United legends such as Bryan Robson, Denis Irwin and Gary Pallister. Away from the boardroom, football has always been one of Cavenagh's loves in life and he was a talented goalkeeper during his time at Swarthmore College in Pennsylvania. Indeed, he uses the phrase 'football' rather than 'soccer' when talking about the beautiful game. Cavenagh has an affection for and knowledge of the sport and that is behind his desire to invest in Rangers. This is no golden handshake for the sellers or a silver bullet bid for the buyers. King previously said the deal he had brought to the table after weeks of 'kissing frogs' would be his Ibrox legacy and there is a belief that Cavenagh and Marathe are in this for the right reasons. Marathe is the chairman at Elland Road and spoke last month about how 49ers Enterprises were always looking at other opportunities' and for clubs with the 'right bones, clubs with the right history of success'. That is Rangers. That January day at Ibrox saw the club hit another low point. Worse, of course, was to come. Within six weeks, Clement's side had lost to Queen's Park and St Mirren and the Belgian had been relieved of his duties. The prospective new owners were kept up to speed on those developments as Ferguson was named as interim manager. The state of anger and apathy that enveloped the club has never seen Cavenagh and Marathe waiver in their commitment to buying it. Cavenagh has been sociable in the right circles and put his business head on when the time has come to talk money. This takeover and transfer of power is a very different scenario to the last change around the boardroom table. A decade after regime change that saw King, John Gilligan and Paul Murray put Rangers back in the hands of those that cared about it, the current incumbents are preparing to give it to those they believe are the right men to take it forward. Cavenagh and Marathe will not inherit a stadium that is in need of urgent repair, they will not find a business that is broken and a staff that has been decimated. Rangers have their issues, of course, but each can be fixed with investment and insight. The comparison between the current predicament and the years pre-Souness has been made and is sound. This could be the same kind of sliding doors moment for the club, a generational shift that could move the balance of power back towards the blue half of the city. Time will tell if Cavenagh and Marathe earn a legacy to match that of David Holmes. They will no longer just be faces in the crowd. They are the men leading Rangers into a new era.

The present Rangers board are a joke. The statement from the club proves what a lot of us have thought for a good while, the club do not check what banners the UB bring in, there are no rules or behaviour diktats from the club regarding the UB. The UB can do what they like home and away.

Absolutely not.

How many games at Ibrox have gone to extra time and penalties over the last 60 years or so? 2004 Maritimo was one.

Celtic 0 - 2 Rangers FGS Dessers

As called by @Chris_Jack89, the Rangers takeover is on course to be completed by May. It's understood that there will be at least two appointments made by the San Francisco 49ers to the boardroom. Rangers will not be a feeder club to Leeds United. #LUFC #49ers

Like most loans it can be paid back early, e.g. when the takeover takes place. As has been pointed out we are due £M’s from previous transfer deals. Who cares about share dilutions? Money goes to club or pays off loans are you not happy with that?

We don’t know how much is being borrowed or over what time frame. I don’t think there’s anything to worry about here, the board have to continue to run the club in the meantime. Directors will be reluctant to put more money in in the present circumstances, this is a cleaner way to deal with a cash flow in the short term. All will be sorted when taker over goes through.😀

Seems that the club have taken out a loan which will be paid back by future transfer deals.

Rangers 2 - 1 Fenerbahce FGS Dessers

This from Scottish coefficient. Following the issue of 18 million new shares by Rangers on 23rd January 2025, Rangers have issued paperwork confirming the issuing of a further tranche of shares in February. The 18 million shares in January were issued at 0.20p per share, meaning the total cost of the shares was £3.6million. Rangers have authorisation after their last AGM to issue a further 27 million new shares before the next AGM. That's pretty much exactly what has now happened. The latest share issue on 26th February was for 26,724,800 shares, which were also issued at 0.20p per share. This means the cost of these shares was £5.34m. This could be the issuing of new shares to a new investor, or perhaps more likely - the conversion of existing debt, by existing shareholders. If the impending takeover by the investment arm of the San Francisco 49ers goes ahead, there will be a price to pay per share that needs to be agreed. If that price is more than 20p per share, then it makes sense for existing shareholders to convert their debt to shares at the rate of 20p per share. If this was the case, then those current investors would then be selling their shares to the takeover party at a higher rate than they paid. The extra 26 million shares takes the existing share capital in Rangers to 532 million shares. There were 487 million shares at the start of December, which has increased to 532 million shares following the two share issues. A 50% buyout of Rangers, even just at 20p per share, would therefore now cost £53 million. At 40p per share, the cost of the takeover jumps to £106millon. That money would all go to the existing shareholders that are selling up. Any further investment in the team or stadium would be completely separate and over and above the buyout figure.

The 49ers head of football operations was in attendance at last nights game. Former Bolton Wanderers and Iceland right-back Gretar Steinsson, who is technical director with Leeds United and 49ers Enterprises, was at Sukru Saracoglu Stadium in Istanbul on Thursday to watch Rangers beat Fenerbahce 3-1 as takeover talks continue over the Ibrox club. (Scottish Sun)