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  1. ...until assurances over club's direction are given. The Rangers Fans Fighting Fund set up in 2012 after administration Group has raised more than £600,000 in donations to date RFFF will only give £500,000 to Rangers if assurances are given Ibrox board must be able to prove they have long-term project set up The Rangers Fans Fighting Fund will not pass on their £500,000 kitty to the Ibrox board until they receive assurances about the club’s future direction. The organisation was set up in the wake of the descent into administration in 2012 and raked in more than £600,000 in donations. Money was used to settle football debts owed to Falkirk and Dunfermline, as well as helping pay for the relaying of the Ibrox pitch. The Fighting Fund is now ready to disband and it’s thought they would prefer the money still in their account to be used for a long-term project at Rangers, such as youth development or the establishment of a club museum. Chairman Andrew McCormick wrote a recent letter to chief executive Graham Wallace detailing 13 questions about current and future policy within the club. Wallace responded by asking to postpone any further discussions until after the completion of the share issue which last week raised £3.13million to stave off an immediate financial crisis. The Fighting Fund have grown increasingly frustrated about the lack of progress in terms of communication and released a statement on Wednesday evening to confirm their position. ‘Mindful of its obligations to the Rangers Family and the money we hold in trust, the RFFF has sought information from the board of Rangers International Football Club plc to enable us to make decisions regarding the future of the RFFF and the disbursement of funds,’ it said. ‘We had a meeting on May 5 this year with Graham Wallace, chief executive of the club. Unfortunately, as he was not accompanied by another member of the board, he felt unable to make any statement on areas of policy which we could communicate to supporters. ‘Since then, we have attempted to engage in dialogue but this has run its course and no further meetings have taken place or have been scheduled. ‘With the passage of time, our chairman, Andrew McCormick, wrote to Mr Wallace on August 28 and received a reply on September 2. ‘Having considered the content of Mr Wallace’s reply at our most recent meeting, the RFFF has decided to retain the funds donated to our safekeeping until we are satisfied that the club is financially stable.’ The stop-gap share issue has removed any doubt about Rangers meeting this month’s payroll and will also enable the repayment of £1.5m in loans to shareholders George Letham and Sandy Easdale. However, the club will need to raise further significant funds to make it through this season, most likely via a wider share issue. The distrust that exists between fans and the current regime has caused damaging falls in matchday income, with just 15,208 turning out for Tuesday night’s League Cup win over Inverness. http://www.dailymail.co.uk/sport/football/article-2760388/Rangers-Fans-Fighting-Fund-not-500-000-Ibrox-assurances-given.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490
  2. Rangers manager Ally McCoist has called for unity at the troubled club after former chairman Alastair Johnston claimed supporters had been let down by the Ibrox board. Speaking to Sky Sports News HQ, Johnston, who left oldco Rangers in May 2011 - nine months before it went into administration and a year prior to it being consigned to liquidation - said: “It’s just been a horrible experience for the fans, they’ve been let down. "I think they’ve been lied to, they’ve been cheated, and made statements to fans that have proved to be untrue or they’ve been deceitful. "You see situations that the only way to clear it up might be administration again. I can see why the fans are concerned about that. "Time is not on Rangers side at this point. Those that have some ability to get it done should at least understand they have to make some concession – take a loss and get out.” Thousands of Rangers supporters are boycotting home games as they continue their attempts to starve out the current board as it struggles to keep the club running as a going concern. Earlier this month Rangers raised just over £3m through a share issue - almost £1m shy of the target set - after the Ibrox board had warned it may not be able to pay creditors. This came shortly after Rangers agreed an out-of-court settlement with former commercial director Imran Ahmad, who had been suing the club for breach of contract. Ahmad had been keen to 'ring fence' £620,000 of Rangers' money ahead of his appeal but settled for 'substantially less' when coming to an agreement with his former employers. But speaking to the assembled media ahead of Saturday's trip to Alloa Athletic, McCoist said: "We want the team to be supported by as many people as possible. "As I have said on many, many occasions the supporters, particularly in the last three years, have been absolutely fantastic in terms of saving our football club. "But I do appreciate they have concerns. I think it would be wrong for me to get involved with any issues they have with other people but all I can ask them, from the team's point of view, is to give us their continued support. "That's all we can ask for and we'll certainly be doing, as I say, our level best to give them results on the park. "I keep saying from our point of view there is nothing we can do in terms of off the field stuff but on the field stuff we can have an affect on. "That's picking teams that can win games and go and win them hopefully with a bit of style and that's what our players and our staff are certainly attempting to do. http://www1.skysports.com/football/news/11781/9478547?
  3. For all you guys who refuse to support your club,shame on you all. Watching the game over here with a few of my Canadian friends, So this is the mighty Rangers you're always braging about asks one buddy. I'm lost for words,and I am truely embarrassed.(okay we won tonight) but the stadium is practically empty,with no atmosphere. On our recent north American tour,we had sell out crowds,and way more atmosphere(noise buzzing for 90 mins.) I'm not sure what's holding you guys back from picking up your season tickets, but I am sure that you are killing our club.as I said before,SHAME ON YOU ALL.
  4. Sportsmail ‏@ScotMailSport 29m Malaysian businessman claims he does not know fraudster Rizvi. @Mark_Wilson8 on the latest twists and turns at Rangers. In tomorrow's SDM Chris Jack ‏@Chris_Jack89 1m When is an advisor not an advisor? When he's Rafat Rizvi, it seems. Interpol may know who he is but the Rangers Malaysian delegation don't
  5. In a relatively short time the changes that have taken place in our country, and at our club, have taken the breath away. Our club has survived after a prolonged and unforeseen crisis but it belongs to strangers now and is almost as remote from supporters as London is from Glasgow. Scotland is on the brink of fundamental and irreversible change and whether it remains within the UK or goes it alone, things will never be the same again. Those who grew up thinking that Rangers and the Union were forever must have been visibly shaken by this cataclysmic turn of events. Identity is important to us, and having already endured a period where our football club almost died, we are now seeing Britishness at the cliff-edge. Coming on top of the shocking collapse of our banking institutions, this is a bizarre period in our lives. It seems that nothing is forever any more, and much of what is dear to us is under threat. Even the Church of Scotland is languishing. It seems to have slipped back in the country's pecking order behind another strand of Christianity, the Catholic Church. Like Rangers, this cornerstone of society has seen better days. When the 21st century chimed in, who expected this? Inside a relatively short time, our world has been turned upside-down. The Church always had a fight on its hands to retain flock, but the Scottish parliament, which was specifically designed to stop nationalism in its tracks, has completely failed to do it. Within the Rangers family, the widespread belief that the club was immortal has been smashed, and the idea that two 300 year-old banks could fail was thought to be too outlandish to be seriously contemplated. Here we stand, days before a vital referendum, and much of what, historically, has been important to us, has either changed, is presently changing, or could change in the not too distant future. The iconic Union Flag, perhaps under a new name, could be redesigned if Scotland becomes independent, and no-one can be sure what currency we are going to use or even if the Queen will still be our monarch in another ten years. The times, they are a changing - and much faster then we ever thought possible. If Rangers gets through this period, I wonder, how much will it have to change to be at ease in this new era?
  6. Hey blue - the RST need to give an announcement about making themselves **** fools - wasting the fans' money @ 20p when their share scheme clearly states it's objective to be owning a significant voice. Rangers First used their members' money @ 20p to support the regime when it was clear to anyone it would fall below that and their members could have owned more today. That is even before we wish to talk not supporting the regime at all. I wonder if Rangers First will give an announcement of their decision.
  7. 1. if there is so much unhappiness with the regime? 2. If the vow is to get as big a %age as possible to have a meaningful voice for Buy Rangers, then buying at 20p was never gonna be a good idea.........the market price was always gonna fall as a bigger pool of shares owned exactly the same business - they could have hoovered-up more at any subsequent release with the members' hard-invested. (can the protestors/boycotters/nae-sayers say why they ever thought the RST decision to do this was a good one?). I've asked before, but never had an answer I could believe - why invest in Greenco now instead of waiting with the funds?????
  8. Could we not arrange some kind of weekly award that has as an interesting and alternative prize. All those who put themselves forward for the competition must have a wife or girlfriend(s) and each week, once the award is decided upon,....there is a 'draw' to see which wife/girlfriend the winner gets to have take them out to dinner. Obviously the winner would have his W/GF withdrawn from the 'hat'. Some may need to consult their 'other half' of course but I'm sure most would be up for it (if they could get away with it).
  9. RANGERS still need to secure substantial additional investment to get them through to the end of the season - despite raising over £3million last week. And further off-field unrest at the Ibrox club, where disgruntled fans are considering a mass boycott, could impact greatly on dwindling resources. That was the stark message from financial expert Neil Patey today as he assessed the situation at the troubled Glasgow institution. The SPFL Championship club announced last Friday that £3.13m worth of shares had been purchased at a share offering. But Patey, a partner with accountancy firm Ernst and Young, believes Rangers will only be left with around £1m of that to use for running costs. And he stressed that Gers directors will have to bring in fresh funding to stave off the threat of a second administration in three years. Speculation is rife that Sports Direct magnate Mike Ashley will increase his involvement - or club assets like Murray Park will be sold off. Patey said: "The club themselves stated that if 15 million shares were taken up it would take them through to the end of the current year. "What they raised was just marginally over the minimum so it will probably see them up to just past Christmas. "Of the £3million they have raised, around £500,000 of it will go on expenses leaving them with £2.5million. "If they repay the loans to Sandy Easdale and George Letham in full, they will be left with about £1million. "If they are saying that £1million will get them to the end of the year, that suggests they have succeeded in getting the monthly cash burn down to a fairly low figure. "Broadly speaking, going on the figures the club has given, they will then need to bring in at least £2million to get them through to the end of the season. "Towards the end of the season, the club are going to start selling season tickets once again and money will be coming in." Patey added: "But, again, that is dependent on the fans coming out and buying season tickets. The big thing for the club is fan support. "The club may only have sold 23,000 season tickets, but they are still taking in money from ticket sales on match days. "But if the supporters stop turning up for matches then it will make the situation worse. Fans have a big say in how things go at Rangers." Patey stressed the financial situation at Rangers would improve significantly when they rejoin Old Firm rivals Celtic in the top flight. He said: "Getting back into the Premiership does two things. In the first instance, they get more money from games. "Secondly, it helps them to attract investors if they are a Premiership club." http://www.eveningtimes.co.uk/rangers/financial-experts-rangers-warning-180534n.25322293
  10. ........the only way to truly hurt the board is to stay away from games. GORDON argues that if fans really want to get rid of the Rangers board then they must cut off all financial support to the club. IT'S TIME for Rangers fans to pee or get off the pot. They either want regime change or they don’t. They either realise the power they wield or they don’t. The red card displays, the eternal and infernal statements, they show willing but ultimately achieve nothing. Sticks and stones and all that. But does anyone really think the occupants of their boardroom give a toss about what anyone says about them? They can’t hear you. They’re too busy counting your money. And all you’re doing is facilitating them. That’s the problem. The power of the Rangers support lies in its size, its strength but most of all in its unity of purpose. If half of you stick and half of you twist though? You’re playing right into their hands. Giving them just enough to keep their tiptoes on the bottom of the pool and their nostrils poking above the surface. That’s what 23,000 season tickets was in the summer. It was a message, it was five figures down – but it wasn’t enough for the fans, and just enough for the board. Same with the walk-ups. The drip-feeders. Around 20,000 for Hearts, another 11,000 for Clyde, 9000 each against Dumbarton and Queen of the South. You’re handing over your cash at the turnstiles and it’s going straight into a black hole. I understand there are plenty who just want to go to the football on a Saturday, who don't care about what goes on behind the scenes. They’re probably the silent majority. But maybe they need to start listening to the loud minority. Nine months ago, before their agm, was the first time they really threatened this lot with what they called ‘disengagement’. I said then that if they truly believed that was the way to go, then they all had to have the stomach for what would effectively be the euthanising of their club. A mercy killing. That the short-term pain would be acute but they’d appreciate what they’d done in the long term. But their disunity, their lack of a core belief, has crippled their true effectiveness. And here they are in the wake of that begging-bowl share issue, back at square one. So what choice do they have? They play Inverness at Ibrox in the League Cup on Tuesday. They don’t have another home league game for more than a fortnight when they play Hibs. For a club who, by their own admission, are living hand to mouth, two empty stadiums through to the end of September with no walk-ups, no hospitality, no catering, no nothing, would be financially catastrophic. But THAT’S the only language they speak. They were described to me the other day as being like wild dogs around a carcass, stripping it to the bone. When do they leave? When there’s nothing left for them. As long as there are morsels of meat to be picked off around the edges, they’ll hang around. A grasper like Imran Ahmad, for example. Only persuaded to take his leave this week by tossing a juicy chunk of what was left in his direction. So if the fans really want to do their club a favour, the place should be a morgue on Tuesday night. Will it hurt? Of course it will. But if you believe there’s a cancer, the only way to get rid of it is to cut it out – and hope. Ever since December and that car crash agm there’s been a suspicion that Rangers would have to go the grave again for a second resurrection. Is there a fear of what follows? Again, of course. But this is where a properly unified support has some control. Because much in the same way as the wild dogs won’t hang around, another pack won’t bother stepping in unless they think there’s another meal ticket to be had. Who’s going to invest in a club with no regular income? Any owner needs approval. He needs customers. So the only way to make anything out of Rangers now is to turn it into the business it SHOULD have become when they went belly up in the first place. Trimmed-down costs, sustainable plan, 40,000 people through the gate every week, build yourselves back up, develop players, sell the odd one for more money, challenge, win, get into the Champions League, get your share of that gigantic European pot… Sound familiar? The antithesis of what happened, when £70m walked in the other direction in just 18 months. Who knows, Dave King may have played the smartest game of all because he knows now he could yet be their only option, and that would have the approval of the rump of the rank and file. And don’t worry, the irony’s not lost – the uproar at the Easdales hanging out with Interpol’s most wanted, yet the open-armed embrace for a guy who’s spent more time dealing with South African courts in recent times than with affairs at Ibrox. But there may yet be plenty more pain before that scenario has a chance. Two weeks ago I said they had two choices. Neither of them attractive. Keep the regime afloat week to week, or not a penny more. Seems to me they only have one left. http://www.dailyrecord.co.uk/sport/football/gordon-waddell-rangers-fans-must-4257414
  11. ALLY McCOIST was delighted with the performance of Nicky Clark against Raith Rovers but admits he's unsure if the hit-man will be available to face Inverness after having to come off with an injury. Clark was replaced by David Templeton in the seventieth minute after pulling up with what looked like an injury to his hamstring and McCoist said after the final whistle that it'll be a waiting game to see if he is fit to take on Inverness on Tuesday. The manager told rangers.co.uk: "At this moment in time we'd probably have to say that he is a doubt. He sat with an ice pack after the game and we'll need to monitor him closely. "We'll see how he is, I would be very hopeful that he'll make it, but he would have to be considered as a doubt for Tuesday. It was his hamstring, we saw him on the touchline feeling it a little bit tight." There are still tickets remaining for the match tomorrow night (KO 19:45) priced at adults £21, concession £15 and juniors £5. There will be pay at the gate in the Copland Front and tickets available at the ticket centre until kick off. With Kenny Miller already missing, McCoist will be hoping his striker makes it for Tuesday after seeing Clark's early goal as crucial for his side against Raith Rovers. He added: "Getting that first goal was important. He does that so well, he gets in front and he has a good leap on him. It was a great ball in and he directed his header right into the bottom corner. "It was a terrific cross and a terrific header. That's what we wanted to do, we wanted to put crosses into their box to put them under pressure, we did that early in the game and it was just reward with a great header." http://www.rangers.co.uk/news/headlines/item/7647-clark-doubtful-for-caley
  12. ANGRY Rangers fans are on the brink of staging full-scale boycotts of the club’s matches – amid new calls for Sandy Easdale to be axed as football board chairman. And brassed-off fans could also stop giving money to companies linked to the Glasgow giants – including McGill’s Buses and Sports Direct. The Sons of Struth protest group believes there is growing support among its members and other supporters for this drastic action. Sons of Struth founder Craig Houston confirmed his organisation is to poll its 1500 members over whether to boycott games and businesses. He said: “The feedback we have received from members and other fans is overwhelmingly in favour of boycotting games and businesses. “A very low percentage of fans have faith in the board. Every time a new revelation emerges we ask what we can do other than holding red and blue card demonstrations to highlight our unhappiness that is legal and this is one route we can go down.” “But there has to be a silver bullet moment where you say enough is enough. If that results in boycotts of your team, certain sports shops, certain transport or insurance companies, so be it.” The move comes after it emerged that shareholder Sandy Easdale had met with Malaysian businessman Datuk Faizoull Bin Ahmad and convicted fraudster Rafat Rivzi this week. Easdale was pictured with Rizvi, who is wanted by Interpol for corruption, money laundering and banking crime, in Glasgow. Last night the Union of Fans called on the Rangers board to remove Easdale over the visit. A statement said: “Mr Easdale has dragged our club’s name through the gutter once too often. Perhaps he feels his association with a man wanted by Interpol is acceptable. It is not. “Graham Wallace, Norman Crighton, David Somers and Philip Nash must dissociate the PLC board from this further attempt to involve Rizvi in Rangers’ affairs.” However, Rangers last night denied the meeting was connected with investment in the club. An Ibrox spokesman said: “The visit was organised as part of ongoing discussions between Rangers and Malaysian club Felda United with regard to a youth development partnership. “Mr Rizvi arrived without our prior knowledge. He is an advisor to Mr Bin Ahmad. Media reports suggesting Mr Bin Ahmad is in discussions with Rangers regarding anything other than youth development are untrue.” Meanwhile, other reports in England last night claimed Mike Ashley is prepared to sell Newcastle United for £230million so he can boost his stake in Rangers. http://www.eveningtimes.co.uk/ranger...048n.25297080?
  13. "The Union of Fans is extremely concerned at the recent public statements of Sandy Easdale, the Chairman of the so-called ‘football board’ at Rangers. Mr Easdale has a history of making ill advised, damaging and amateurish comments in the press about Rangers and last week he was engaged in more of the same. In April 2014, around a week before Imran Ahmad’s second failed attempt to have club funds arrested, Mr Easdale decided to take part in a BBC interview in which he raised considerable questions over the financial position of the club. These comments could clearly be seen to weaken the club’s case against Mr Ahmad despite victory in that instance. Last week, days ahead of Mr Ahmad’s third attempt to arrest funds, Mr Easdale did the same in a press Q&A. We would question the timing of both of these statements. Making this type of error once might be seen as naivety or stupidity. Making it twice starts to raise other questions. Mr Easdale was brought into Rangers to represent the wishes of the block of shareholders previously represented by Mr Ahmad and Mr Charles Green. Mr Easdale has, in our opinion, always represented their interests ahead of those of the club and it appears he is continuing to do so. Mr Easdale has hitched his wagon to Green, Ahmad, Blue Pitch and Margarita and, now that their influence over the board has started to diminish slightly, he appears to be seeking to retain his position at the club via an alliance with Mike Ashley. Indeed it appears that Mr Easdale will support anyone who will allow him to retain his director privileges and the borrowed respectability of being referred to as a Rangers director, regardless of their actions towards the club. Mr Easdale told the Rangers fans that Jack Irvine no longer worked for him. However, we have been told by a number of people that Mr Irvine has been in regular touch with them in a way which represents Mr Easdale’s interests. Mr Easdale told the Rangers fans in December 2013 that he had investors lined up for Rangers. This did not prove to be the case. Mr Easdale now wants the Rangers fans to believe that Mike Ashley, who has been handed “onerous” merchandise deals, virtually free stadium naming rights and now the Rangers club shops by Mr Easdale’s associates, is the man to take Rangers forward. Mr Easdale actively opposes any attempt to bring huge investment into the club from people who care about it but chooses to back someone who has clear issues with dual club ownership and is only interested in Rangers as a means to make himself money. We would ask the PLC board, the Nomad, Daniel Stewart and the LSE to investigate Mr Easdale’s comments and their effect on a court case which could have put the club’s immediate future in doubt. We would also ask them to clarify whether Mr Charles Green or Mr Imran Ahmad hold any shares for which Mr Easdale has a proxy through Beaufort Nominees. Mr Easdale is not, in our opinion, fit to be a director of Rangers Football Club and given his failure to be appointed to the PLC board we feel he has far too much negative influence on club affairs."
  14. I'm not clear on what is classed as repetition so perhaps we can have 1 topic where we can say what we like (within reason) and let off steam. Also, certain people can just stay away from this thread and then they won't be offended.
  15. ...........after Rangers share issue raises £3.1million THE under-fire Rangers board have been warned to expect another stormy AGM showdown with shareholders after a day of drama at Ibrox. An announcement to the Stock Exchange last night confirmed just £3.13million had been raised through the share offering as around four million shares went unsold. Earlier Rangers confirmed an out-of-court agreement had been reached with former Commercial Director Imran Ahmad, who will receive an undisclosed sum after a series of legal wrangles in his bid to claim £620,000 from the Light Blues. Once fan George Letham has been repaid the £1m he is due, the share offer money is likely to see Rangers through to their next AGM, which could be held within a matter of weeks. Union of Fans spokesman Chris Graham told SportTimes: "The money raised through the share offering would appear to buy the board time until the AGM. "If they are expecting an easy ride at the AGM then I can tell you they'll be sorely disappointed. The fans are not convinced. If you look at the season ticket numbers and attendances, they are down from last year and there is a huge amount of mistrust towards the board. "Every time they make a decision it gets worse. You look at Mike Ashley being handed the shops, the news of the £1 naming rights deal that the board kept quiet and then the issue with Ahmad being paid off. "The only way the board can try to remedy it is to approach someone with money whom the fans' trust and hope their credibility rubs off on the guys that are there just now. It is a big ask given everything that has happened." Rangere were adamant that they were delighted with the shares take-up. In a statement, the club declared: "The successful completion of the Open Share Offer strengthens our financial position and provides funds which allow the company to start implementing the strategy to re-build and re-establish Rangers as a stable, sustainable and successful business to deliver both shareholder value and footballing success. "The purchase of £3.13m of shares demonstrates the continuing commitment from our shareholders and we thank them for their ongoing support." Current RIFC plc board members David Somers, Norman Crighton, Philip Nash and James Easdale all participated in the share offer, but there was no cash forthcoming from Newcastle United chief Ashley. Last night, though, rumours were growing that the Sports Direct tycoon was preparing to support the crumbling Ibrox empire with a multi-million loan. Only 78% of the shares available were snapped up before the deadline yesterday and Graham is not surprised to see some shareholders refuse to plough more money into Rangers. He said: "We will find out next week if some of the shareholders have taken up more than their allocation, which I suspect is probably the case. "So probably more than a quarter of shareholders have decided not to maintain their shareholding and I don't blame them. "If you look at the way the board have run the club, it is short-term thinking. "People who put money into Rangers at the moment have no idea what that money is going to be used for. "The statement said that they were 'delighted' to raise £3.1m, which is bizarre when they were trying to raise £4m. "How can they be delighted to raise £1m less than they wanted to when the finances are so bad? It is ridiculous." The news of the share option came just hours after it was confirmed that an agreement had been reached with Ahmad that will see him receive 'significantly less' than the £620,000 he was suing for. But fans are dismayed that the controversial former director and close ally of Charles Green has received a penny of Rangers' cash. Graham said: "It was our view at the time of his dismissal that Mr Ahmad should not only have been sacked for gross misconduct, he should also have been reported to the Stock Exchange for posting price sensitive information on the Rangers Media message board under an assumed name. Our position has not changed. "Fans who do their best for Rangers by supporting the club financially, consistently see the money they put in squandered in payouts to discredited individuals linked to the plunder of the club over the past few years." http://www.eveningtimes.co.uk/rangers/union-of-fans-threaten-ibrox-board-agm-mayhem-after-rangers-share-180353n.25313795?
  16. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=12081166 Rangers have agreed formal terms of settlement with former Commercial Director, Imran Ahmad regarding his current court action. The sum agreed is significantly less than the total amount which Mr Ahmad had been granted permission to arrest. As part of the settlement terms Mr Ahmad has agreed to refrain from arresting funds in Rangers' bank account or in the hands of others pending the formal removal of the case from court. No such arrestment will now take place. The case will be formally taken out of court in the next few days. For further information please contact: Rangers International Football Club plc Graham Wallace / Paul Tyrrell Tel: 0141 580 8647 Daniel Stewart & Company plc Tel: 020 7776 6550 Paul Shackleton / David Coffman Newgate Threadneedle Tel: 020 7148 6143 Roddy Watt / John Coles
  17. Not sure exactly when we'll get confirmation of the outcome of this today but we can use this thread for updates. First one is this: Sandy and James Easdale increase Rangers shareholding by £500,000 http://t.co/eumq4fMPGC
  18. I dont know the exact figures on this , but on the rangersfirst page there is a rolling screen of whos recently joined , and I have been watching it quite closely over the last few days , its been amazing to see the number of fellow fans that have been joining not just at the fan level, £5 a month, but at the supporter £10 and founder £18.72, levels , plus amazingly the life members and an amazing number of donations , where you dont need to sign up for any set monthly amounts but can donate one off amounts. Add in all the retail partners they have signed up , it is actually very impressive , anyone not checked out the rangersfirst retail section really should do so , any purchases made through the links , rangersfirst get a % back .
  19. Chris Graham ‏@ChrisGraham76 17m .@RFC_Union call on Rangers PLC board to remove Sandy Easdale as a club director immediately. #RFC pic.twitter.com/wIlX0SWgVu
  20. Former Rangers defender Arthur Numan doesn't know who to believe as concerns continue to mount over the club's future. On Friday, former commercial director Imran Ahmad had £620,000 of the Ibrox outfit's assets frozen and there is major uncertainty over finances. "It's time the supporters knew what was happening, who is in control and where the money is going to," said Numan. The Dutchman, who played at Ibrox between 1998 and 2003 under Sir David Murray's tenure, says fans regularly raise the issue of Rangers' money troubles with him. "There is so much going on in the last couple of years and sometimes you think it's one big mess," he said. "I get a lot of supporters texting me and calling me, they ask me what's going on - and I can't give them an answer, because even I don't know. "I don't even know who is in charge - I don't know who to believe any more. " He went on: "I hope that someone comes in and says, okay, I want to put a lot of money into the club and try to take all the insecurity away by the supporters - because that's most important. "Then you try to get Rangers back into the Premier League and get a team on the park that's strong enough to compete with Celtic. "And hopefully they can qualify for Europe with someone who is in charge who makes it clear to the supporters and the Press what his intentions are, because nobody knows." http://www.eveningtimes.co.uk/rangers/numan-who-are-fans-to-believe-179657n.25273594
  21. MIKE ASHLEY is preparing to become the front-runner in an effort to save Rangers from another financial collapse. The Newcastle United owner has made positive moves to sell the St James’ Park club and bring to an end a troubled seven-year reign on Tyneside as he turns his attention to Ibrox. There is already interest in United – even at the asking price of around £230million – and any quick deal would allow Ashley to immediately focus on the Gers. News of the Sports Direct chief’s enthusiasm for stepping up his involvement with Rangers comes on the day fans are expected to hear how successful the board’s latest share issue – aimed at raising £4m – has been. But, whatever happens, it appears Ashley is keen to switch his football and business from Tyneside to Clydeside. Gers fans are now of a mood where any transparent ownership of the club would be welcome, even if there would be reservations over precisely what Ashley has in mind. He has been notoriously reluctant to splash the cash at Newcastle during his time in charge of the Premier League club, although Rangers wouldn’t need anything like the investment in players the English club require to compete against Arsenal, Chelsea and Manchester City. Ashley, of course, already has a stake in the Gers, along with the naming rights for Ibrox. But, until he sells Newcastle, he is pre- vented from increasing that to more than 10 per cent by SFA rules. UEFA regulations also stipulate the same person cannot own two clubs that might meet each other in European competition and, while neither Rangers nor Newcastle are playing in Europe, they could in the future. Now it seems Ashley wants to take charge of the Gers alone with, clearly, one eye on a potential return to the Champions League and the opportunities that would afford. But right now his focus is on selling the Magpies quickly – and the £230m asking price includes repayment of the £129m he is owed in the form of interest-free loans. Ashley paid just £134m to purchase Newcastle from Sir John Hall, above, and Freddie Shepherd in 2007. And, while the club has not officially been put up for sale as the uncertainty could destabilise the business and unsettle the team, there is interest from North America and the Far East in buying a club that posted a post-tax profit of £9.9m for the last financial year. That, however, has not been achieved without incurring the wrath of a lot of people concerned at his lack of investment in the team, a controversial shirt deal with payday loans company Wonga and a series of internal cost-cutting measures. The £40m spent on players this summer was paid for almost entirely by the sale of Yohan Cabaye to Paris Saint-Germain and Mathieu Debuchy to Arsenal. http://www.scottishdailyexpress.co.uk/sport/football/509766/Newcastle-s-Mike-Ashley-set-to-bid-for-Rangers
  22. Hi folks Without going into it too deeply, I feel I cannot follow the other 2 sites I am a member of who go to extremes with fighting each other, all to our detriment as fans. When I go to Kirkcaldy tomorrow, it will be with a sad heart and hope the team just rip it up to cheer me. I have sadly become a NAPM (Not a Penny More) to the regime. I find the idea that the shares groups have decide to buy-into the open offer of £4.97 for 23% (?) of the club abhorrent. Why? Surely the majority want the clowns out and therefore handing them a wee bit more cash is an own goal? Even if the motivation is to become more involved percentage-wise, you hold-back on this one. The LSE announcement already conceded there would be a further offer if we get there. Those shares would be capable of being bought at an even better rate by FF/BR. What am I missing?? Why why why have BR/RF decided to expend the funds now???????
  23. The Dangerous Game by Graham Taylor | Guest Contributor Crunch time. In just under 24 hours’ time, we should have some clarity as to how long the stricken Rangers International Football Club plc can limp along for. If the Open Offer of shares is fully subscribed, Rangers should have enough to get them to the 2014 AGM where a motion will be tabled to disapply the pre-emption rights which were voted down at the previous year’s meeting, allowing for a far larger tranche of shares to be released. If not then the club, simply put, won’t have the funds to pay its way, leaving the financing options available limited and likely to the long-term detriment of the club. Given the revelations of recent times, there can be little doubt now that Rangers have been run for the benefit of a relative minority of shareholders since the trauma of insolvency in 2012. The numerous contracts and agreements entered into since those days have been the subject of much rumour and speculation for some time, but only recently have they started to come to prominence now that the club has reached a critical juncture. It is clear through the management acting on behalf of a few individuals, Rangers’ ability to generate revenues to sustain itself has been severely and critically reduced and has made the club a less-than-attractive proposition for would-be investors who would view the club as a viable commercial proposition. In the absence of commercial investors, high net-worth fan investors are the most viable alternative. One name is constant and is one would invest for all the right reasons. Dave King is the man that the majority of fans have put their faith in, rightly or wrongly, to come to the club’s rescue. Some say he has disappeared; others say he is playing the long game. King himself said that the prospect of gaining control would ultimately be a “business transaction” and not one that would be fuelled by emotion, regardless of his feelings for Rangers. His position has been consistent in that he will only invest in new shares as it is Rangers that are in desperate need of cash. He is also the only individual to ever publicly say that he would invest in Rangers. So why haven’t the club welcomed him with open arms when we are once again staring into the financial abyss? Something that is often alluded to but hardly ever spelt out is this – club director Sandy Easdale will not entertain the notion of allowing Dave King to invest directly into Rangers because Dave King will not entertain the notion of allowing Sandy Easdale to remain on whatever board he is supposed to be on if he were to assume control. It is that simple. Easdale’s influence, through his shareholding proxies and his own relatively minor shareholding, is generally considered to be corrosive to the best interests of Rangers. And yet, he has more of a say in how the club is run than the man paid handsomely to lead the plc, Graham Wallace. Would Dave King allow that to remain the case if he stays true and invests his mooted £30 million? Not a chance, so Easdale will do whatever it takes to keep King at bay. And even though he went as far as to say in his Q&A with Keith Jackson that he would be happy to work alongside King on the board, the truth is neither wants the other anywhere near the club. Would Easdale’s stance on King remain if it meant the possibility of inflicting long-term damage on Rangers through having to secure financing against assets? On the evidence so far, yes. King, however, is playing a very dangerous game and one that could see the club slip away from him, and what many of us believe to be the true Rangers, forever. There has been an attempt in recent days to portray the battle for control of Rangers as a tussle between two parties – Mike Ashley and King. Ashley’s involvement in a future share issue has been promoted by those connected to the club, but it has also been said that he is simply protecting his commercial interests with the club. His retail contract with the club has been described as a ‘licence to print money’ for his sportswear firm Sports Direct, therefore it’s not something that he is likely to give up without a fight. Perhaps the most revealing aspect of recent times was the arrival of the Malaysian businessman Datuk Faizoull Bin Ahmad. It wasn’t so much the arrival of Bin Ahmad that was revealing, it was more who he was travelling with – convicted fraudster Rafat Rizvi, who was spotted laughing and joking with Sandy Easdale. Unfortunate as it was for Easdale to be photographed with Rizvi, a man long since speculated as to having an influence in the running of the club, it further evidenced that those currently in control are not about to let it slip from their grasp easily. And that it is not a given that King will get his opportunity to invest, even if the approaching iceberg moves sharply into focus. The possible further release of shares at what is likely to be an even stormier AGM than that of the incredibly hostile 2013 edition, should, on the face of it, finally enable the release of Rangers from the clutches of the small clique that have been running the club for the last two years. But given that this group form part of the 26% proxy vote held by Sandy Easdale and the resolution needing 75% approval, it is also entirely possible that they could choose to vote down the release of further shares if they feel that their position of control is severely threatened. If this group feels that their interests would be better served by initiating an insolvency event and restructuring the cost-base by that route, with the added advantage of retaining control, then it seems likely that this is an option that they would seriously consider. There is also a high probability that motions will be put forward to once again remove some, if not all of the current directors at the AGM. Given how the newly-constructed board scraped through by the skin of their teeth last year and the lack of any meaningful progress since, they will be unlikely to find such favour with the institutions this time around. Add in the rumours of King having been active in London and you have the perfect storm building up for the weeks ahead where the destiny of Rangers will be decided. And where does it leave us – the fans, who’ve suffered as the club has been pillaged for far longer than anyone thought possible? We’re merely an afterthought in rich (and in certain cases, not-so rich) men’s games… http://www.thecoplandroad.org/2014/09/the-dangerous-game.html
  24. What steps might the board and their puppeteer investors take to make sure they come out on top should we go into administration again? With such a diverse shareholding spread are they able to secure admin for themselves like Whyte did?
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