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I think we all know the answer to that.
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Union Bears As you will know, the group took the very difficult decision back in May not to renew our season tickets due to the selfish, malicious and borderline illegal actions of our club’s current and previous incumbents. This was a decision echoed by nearly 15000 season ticket holders and the crowds at Ibrox so far this season have reflected the feeling of many Rangers supporters. We watched with hope and expectation as Dave King submitted his £16 million offer of funding in exchange for a majority stake in the club. We then watched with resignation but not shock as Mike Ashley and his friends within the Board room blocked this move and instead pushed through Ashley’s £2 million emergency loan secured against Rangers assets and on the premise of complete Board control. Like all other supporters, we wanted a clean break from people like Charles Green and his murky investors, but it is clear this isn't going to happen. It therefore brings us to a crossroads, as a group and as individuals. Mike Ashley has his grip firmly on the throat of our beloved club and nothing and nobody will make him remove it, as has been demonstrated in his time in charge of Newcastle Utd. It has thrown up a pertinent question which must be answered by not only us but every Rangers fan. Do we maintain our boycott for potentially years in the hope that someone saves us? Or do we elect to support the team on the park and explore other ways of enforcing change at Rangers? After much discussion we have elected to follow the latter path. As of 03/01/2015 we will be returning to the stands on a permanent basis. This is not a gesture of support for those now in charge of our club, nor is it an admission of defeat. It is simply a change of tactic. As a passionate group of supporters whose best attributes lie in what we achieve in and around the stadium on a matchday, we feel hamstrung by our absence and therefore the group needs to go back to being present within Ibrox. We have tried to boycott, to fall in line with other fan groups who have done their level best to encourage change within the club. But in reality all that has taken place over these past few months is a strengthening of Mike Ashley, Sandy and James Easdale, David Somers and many others’ positions within Rangers. It’s the sorry truth. We would like to make it clear that we will not be attending the League Cup semi final as a group, and feel it would be wrong to take tickets ahead of fans who have been attending games on a weekly basis. As we won't be attending as a group, it will make it impossible for us to pull off a display. We would therefore ask all Rangers fans to do their bit by making our end as colourful as possible, with flags, banners, streamers and anything else they can. We will however be planning more displays between now and the end of the season, and look forward to bringing some noise and colour back to Ibrox. Although we return to Ibrox on a permanent basis we won’t be doing so as supporters of the regime. Yes our money will be going towards their bonuses and onerous contracts in the short term, but the Union Bears will throw our weight behind another path towards long term change and that is fan ownership, and more specifically Rangers First. Rangers First is a Community Interest Company which was established at the beginning of this year with very simple goals; to gather together the financial clout of the Rangers support, purchase shares in the club and ultimately put it back in the hands of those who matter. Rangers First already owns over 500’000 shares in RIFC (roughly 0.6%) without any real offline publicising. As a group we hope to support them in the ways that we do best as they move forward towards greater awareness and support for fan representation and ownership. Of course we urge all those who stood with us in BF1 over the years to ask themselves the same question we did and decide what the future holds for you with regards to match attendance. But we will not try and influence your decision in any way. It’s an individual’s choice to make. What we do urge every singly Rangers supporter to do is visit http://www.rangersfirst.org, learn about the initiative and sign up. Put the money you used to spend on Rangers merchandise and funding Ashley's empire of zero hour contracts into something worthwhile. The strength of our support should not be measured or remembered by how many of us turn up at Ibrox or elect to stay away in protest, but rather by the lengths we will go to right the wrongs of those before us and stand shoulder to shoulder with one common goal; delivering the Rangers we all deserve. We owe it our children and grandchildren. If you would like to join the group in BF1 for the second half of the season then please send the following details to transfers@unionbears.co.uk or as a message to the Union Bears Facebook page: Full Name: Address: Date Of Birth: Contact Number (Mobile & Landline): Rangers Number: Do you have a season ticket already? (Yes/No): Union Bears
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http://www.bbc.co.uk/sport/0/football/30106866
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Mike Ashley moves into pole position to take control at Ibrox as Dave King bid fails http://www.dailyrecord.co.uk/sport/football/football-news/rangers-power-battle-mike-ashley-4499365
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Dave King Statement re Rangers FC It is appropriate that I give feedback to the Rangers fans before departing for South Africa. Over the last few weeks Paul Murray, George Letham and myself have constructively engaged the Rangers board and (at the request of the board) Sandy Easdale regarding our proposal to invest 16 million into the club as soon as is practically possible. When investing in any public company there are numerous regulatory and compliance requirements that have to be dealt with. There are also SFA compliance issues that arise when investing in a football club in Scotland. An obvious further complication in Rangers case is the seeming lack of authority of the Rangers board to make decisions without reference to key shareholders who appear to be “the power behind the throne”. Prior to commencing the implementation issues referred to above it is necessary to reach an in-principle agreement with the board that can then be put to shareholders. In this regard it is important to recogniser hat the so-called Easdale Block represents more than 25% of the shares in issue and could therefore block the implementation of our proposal even if recommended by the board. Likewise, a combination of other shareholders could veto our proposal. I attempted to meet with Mr Ashley on my visit but neither he, nor his colleague, Mr Bishop, acknowledged my request for a meeting. This is their right but is unfortunate given the present concerns from supporters that Mr Ashley is using his shareholder status to put pressure on the board to alienate the rights and trade mark of the club in favour of his personal interest. I will make a separate announcement and appeal to fans on this topic at the appropriate time. Our initial proposal to the board was to invest the full 16m by way of equity at 20p per share. The board requested that we consider a debt/equity mix that would reduce dilution for existing shareholders and allow the debt component to be advanced prior to the extended time frame required for the approval of additional equity. We are amenable to this and to working with the board on the mechanics necessary to ensure that this is achieved provided that the full investment is recognised by way of board representation. We wish to appoint an equal number of members to the board and have the key say regarding the appointment of the Chairperson. We will not invest funds and let the existing board determine how these funds are spent. That has not worked well in the past. In any transaction of this nature there are a number of interests to be consulted and considered. The board has apparently engaged constructively on our proposal while advancing its own points as to what it believes is in the best interest of the club and its shareholders. Sandy Easdale has similarly apparently engaged constructively including highlighting some concerns. I have today responded to these concerns in writing. He will now consult with his co-shareholders and hopefully revert soonest so that we can proceed to agreement and the earliest possible implementation thereof. Unfortunately, I have to again deal with a point that I have covered previously. Despite our agreement with the board on confidentiality (that we have strictly complied with) we were faced with the inevitable combination of truth, half-truth and fallacies peddled by Mr Irvine on behalf of his employers. He states in particular that he is voicing Sandy Easdale’s directly communicated thoughts. Sandy has assured me that this is not the case regarding his recent nonsensical utterings. On that point, I have recently had the amusement of reviewing over 100 email communications between MrIrvine and Craig Whyte during the period that Mr Irvine was attempting to advance Mr Whyte’s business interests. My review of these emails indicates to me that he carefully identifies journalists that he believes lack journalistic integrity and ability and can therefore be fed by him for the benefit of whoever pays him. I urge fans to continue to ignore the nonsense that comes from these sources. We have a lot of work to do over the next few months to regain the club. I would not be here without the support of the fans and neither would my co-investors. We are going to need to draw on your support again over the coming months.
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"Following the publication of updated holdings in Rangers International Football Club PLC, the Union of Fans feel it is important to continue to highlight the position of Sandy Easdale. Mr Easdale and his associates have invested just enough to keep them above the 25% mark required to hold a veto over any inward investment to the club via a further, more substantial, share offer. Despite owning only around 5% of the club himself, Sandy Easdale claims to hold proxy voting rights for around 26%. We have long been concerned that Mr Easdale refuses to disclose who he actually holds these proxies for and instead disguises them through Beaufort Nominees. Mr Easdale's recent meeting with convicted fraudster Rafat Rizvi would lead us to believe that some of those proxy voting rights may be held on behalf of Mr Rizvi. It is also clear from this recent announcement, despite PR stories placed in the media to the contrary, that Mr Easdale has not purchased Charles Green's shares. We are therefore in a position where Mr Easdale appears to hold, through Beaufort Nominees, proxies for people such as Charles Green, Rafat Rizvi and Imran Ahmad. Our concern is that Mr Easdale will continue to act, as he always has done, in the interests of those shareholders and not in the interests of the wider shareholder base and the club itself. We have been clear that we feel that Mr Easdale should be removed as a club director but the PLC board appear to be unwilling or unable to enact that much needed change. Regardless, Mr Easdale is in a position, with the backing of shareholders who appear desperate to mask their identities, to block much needed investment into Rangers. We would ask Mr Easdale to confirm publicly that he and his associates will not oppose any resolution at the upcoming AGM which would allow fresh investment from those who care about the future of our club. If Mr Easdale ignores this request or refuses to answer unequivocally then, in the near future, we will recommend what course of action we believe fans should take. We are also concerned at newspaper reports that the annual accounts and therefore the AGM may be delayed. We would ask the PLC board to clarify if this is the case and to explain why, after what they described as a successful fund raising, there would be any reason to delay publication of the accounts."
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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.
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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 -
THE displays of the Rangers team on the park last week were cause for optimism down Ibrox way. Ally McCoist's side netted 12 goals in their two competitive outings and put their shaky early-season form well and truly behind them. The size of the crowds in the home games against both Clyde and Dumbarton, however, were reasons to look towards the future with trepidation. And the attendance at the SPFL Championship fixture with Dumbarton on Saturday afternoon was particularly alarming. For the league meeting with the Sons was perhaps the best chance so far to gauge what the turnout will be like at Rangers home games in the 2014/15 campaign. The Petrofac Training Cup matches with Hibs and then Clyde were always going to attract smaller crowds due to the stature of the competition and the size of the opposition. Much was made of the fact that only 11,190 supporters filed through the turnstiles in the 8-1 victory in the latter game last Monday. It was the lowest Ibrox attendance at a competitive fixture for 29 years. Yet that encounter with part-time opponents from the bottom tier of Scottish football was - despite Gers great Barry Ferguson being in charge of the opposition - expected to draw that sort of response. There were 43,683 in the Championship opener against Hearts a fortnight ago. But there were special circumstances surrounding that fixture. The League One flag was unfurled and the Govan Stand was renamed in honour of Sandy Jardine before kick-off. Plus, the first game against age-old adversaries Hearts after two long seasons of often uninspiring outings against our national game's lesser lights was guaranteed to put a fair few bums on seats. No, the Dumbarton game at the weekend was a far better barometer of what size the attendances - and, in turn, the gate receipts -will be for Rangers in the weeks and months which lie ahead. And the fact that only 31,175 turned up on a perfect afternoon for football must be worrying for both those who follow the fortunes and those who control the purse-strings at the troubled Glasgow institution. It was the lowest turnout at a league game at Ibrox since 24,177 fans watched Rangers defeat Falkirk 4-0 thanks to a Robert Fleck double and goals from Davie Cooper and Terry Butcher on December 13, 1986. A home game against Methil minnows East Fife around this time last year drew 42,870. No company can have nearly a quarter of their customers disappear in the space of 12 months without drastic consequences. Even if all of the 34,000 fans who bought season tickets to see Rangers in League One last season had renewed this summer, the club would still not have had enough money to see them to the end of this term. So for just how long will the Light Blues be able to limp along with just over 20,000 season book holders and fewer than 10,000 turning up and paying at the gate on match days? There are ambitious plans for Rangers to hold another share offering in the very near future and the hope is to raise in the region of £4million of much-needed capital from that. But with shareholder Sandy Easdale and wealthy fan George Letham due to have loans totalling £1.5m repaid, financial experts have predicted that will only sustain the club until the end of the year. The ongoing lack of clarity over Rangers future off the field is overshadowing the fact that on it they appear to be getting their act together after some poor performances. They brushed aside Dumbarton with ease at the weekend thanks to strikes from Lee McCulloch, Darren McGregor and Nicky Clark. An own goal from Chris Turner aided their cause considerably. Bilel Mohsni, who was highly fortunate not to be red carded by referee Brian Colvin for his trip on Scott Agnew, also turned the ball into his net late on to give the sizeable travelling support a reason to cheer. That lapse of judgment by the Tunisian, though, could not wipe the smile from McCoist's face after a highly satisfactory performance by his charges from front to back. He said: "The skipper played in central midfield and chipped in with a goal, Nicky got a good goal and our right-back played well and scored a great goal. "To be scoring goals is always good. But to be scoring goals from different areas is an added bonus for us. "I was annoyed we didn't keep a clean sheet, but I thought the football was of a high standard. We created a lot of chances, scored four good goals, hit the post and had a goal disallowed. "It is consistency that is going to win us the league this year. That is what we have to work hard to get. "There are going to be a lot of difficult games for us in the months ahead and we have to be at our best every week." http://www.eveningtimes.co.uk/rangers/deserted-seats-show-reality-of-angry-rangers-fans-voting-with-their-177533n.25139848
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When we went into administration I almost instantly (within the first month) had some major concerns because I quickly came to thinking that I didn't trust the administrators, didn't think they would get us out of it via a CVA and didn't think they seemed to be doing their jobs properly because if they had been, then they would have tried to rescue the company as a going concern. To do that, they would have needed to quickly address the cost base and stop the monthly loss-making, but they just went for a short-term fix/bandage to see out the season instead of properly cutting costs to address the going concern like administrators do in most football club administrations. After the shambles of their bidding process and finally bringing in Green & co (like they seem to have planned well in advance!), when D&P did their first presser with Green a feeling of dread & despair came over me because I could tell immediately that he was a bullshitting patter merchant and didn't trust him right from that point. It was a case of 'who the f**k is this clown?' and a distinct feeling of disappointment. Then we had to endure the failed CVA, being wrongfully stripped of our SPL share and kicked out of our league, left with no league at all for a period and questions hanging over our SFA license as well. When we finally got it sorted out and started the season in the 4th tier there was a sort of positive buzz that I never really understood, because I never felt as if it was right that we should be down there in the 3rd Division. I could obviously understand the positive buzz in the sense that we were still here with our history and titles despite the best efforts of our enemies and those who wanted (and tried) to kill us off, but didn't understand the positivity from numerous other perspectives, like the unprecedented treatment of our Club and the worries from footballing and financial/business perspectives. Not only did many of our fans think that it was just a simple case of 3 seasons of a journey back up through the lower leagues to the top flight, but many actually believed that it was an 'opportunity' to rebuild not only the business, but some kind of fabled & mystical footballing 'philosophy'. There was talk amongst fans of not only winning every single game in the 4th & 3rd tiers, but battering the opposition 8-0, 9-0 or 10-0 every week. I didn't buy into any of that because I thought it was always going to be more difficult than many of our fans thought it would be. Yes, we would dish out some hammerings along the way, but it was always going to be a battle too, both on and off the park no matter how many SPL-standard players we signed and no matter how many crazy moonbeams Green & co served us up. What we need to do now though, is completely forget about any mythical 'opportunities' or lost chances to create new 'footballing philosophies' and face the stark reality of where we currently are. I'm not saying forgive or forget (far from it!), but we urgently need to get up to speed and deal in the here & now. Depending on how things go off the park this month, we might be heading for another insolvency/administration event, but we don't know for sure either way because nothing is certain on that front, just as nothing is certain on the pitch either. We might drop points or lose a match, but no matter what happens, I think we all know that the 'journey' is getting tougher and tougher and that's something which was always on the cards both on & off the pitch, so it certainly shouldn't come as a surprise. The idea of an easy journey back up over 3 or 4 years while creating golden seeds for the future amidst new philosophies for the Club was a total and utter pipe dream. Even if we had been taken over by good guys instead of chancers and liars like Green & co, we were still realistically facing trouble along the way and potentially a period of 5 years or more before getting properly back on our feet and challenging in the top flight again. We might not be in a good position right now, but essentially, nothing has changed and we're still on the same path albeit a slightly more windy & rocky one than many of our fans seemed to think it would be. Our progress back to where we belong might still be set back even further by current and/or future financial issues, but we don't know for sure yet. What we do know for sure is that the people running the show need to collectively get their acts together, steer the Club in the right direction and ease the worries of the supporters, not through more moonbeams and lies like were served up in the past, but by addressing the immediate future as openly and honestly as they can without damaging the value of their precious shares.
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RANGERS fan George Letham has reluctantly agreed to give the Ibrox board a short extension to repay the £1million loan that was due last week. The wealthy supporter stepped in to lend his boyhood heroes the seven-figure sum earlier this year as chief executive Graham Wallace was forced to seek a quick fix to the Gers' cash crisis. As part of the agreement, Rangers were scheduled to give Letham his money back by the close of business on Friday, but after the Light Blues announced plans to raise around £4m in a share option last week, the prospect of him receiving his money appeared bleak. SportTimes understands Letham held full and frank discussions with Wallace on Saturday and agreed to a short extension to allow the under-fire board more time to come up with the money. With cash reserves running low at Ibrox, a refusal from Letham would have left Wallace and his fellow-directors with a huge financial headache. But after stepping up to the plate to help Rangers in their hour of need in March, the lifelong Light Blue was not prepared to pull the rug from under the board's feet at this time. The full extent of the Gers' financial plight was laid bare in a statement to the Stock Exchange last week when the board admitted that the future of Rangers International Football Club plc would be 'uncertain' if all 19 million of the new shares were not snapped up by existing investors in the coming weeks. Any funds that are raised will be used to pay off Letham's £1m loan and the £500,000 deal that was agreed with Sandy Easdale, both of which were secured against the Albion car park and Edmiston House. The Ibrox board originally clinched a deal with major shareholders Laxey Partners but that move came under huge criticism from supporters after it was revealed the Hedge Fund would collect £150,000 in interest payments for the short-term loan. Rangers had a cash balance of just £4.2m at June 30 this year, but with £2.7m of that unavailable as use for working capital, the board have been forced to issue more shares in a bid to repay Letham and Easdale and provide much-needed money for the coming weeks. With the financial picture once again bleak at Ibrox, boss Ally McCoist was unable to make any last-minute moves to bolster his squad before the transfer window closed last night. The Gers' two most valuable assets, Lee Wallace and Lewis Macleod, remain at the club, but seven players have gone out on loan - Barrie McKay (Raith Rovers), Calum Gallacher (Cowdenbeath), Danny Stoney (Stranraer), Luca Gasparotto (Airdrie), Robbie Crawford (Morton), Tom Walsh (Stenhousemuir) and Craig Halkett (Clyde). http://www.eveningtimes.co.uk/rangers/letham-gives-rangers-extra-time-to-repay-1million-loan-178673n.25212709
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http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=12066370
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This mantra is in stark contrast to the axiom stated about boxers but it holds true at Ibrox, whether it is turmoil, on and off the field, Charles Green or Dave King. It was just another Sunday at Ibrox with normal levels of turbulence and uncertainty. There was a stark contrast to the dignified and fitting tribute to the late Sandy Jardine in the lurid headlines that screamed in the morning newspapers. Basically, they read: Chuck is back and this time it is business, not personal. Affairs at Ibrox must be investigated in two sections: the business and the playing. The former is the more urgent. As one Rangers supporter told me yesterday: "There are more pressing issues to address than whether Lewis Macleod should be playing wide right." The return of Mr Green is more than an amusement, though. The tales of George Soros may be as tall as Peter Crouch on stilts but the backstory to the former chief executive's latest foray into the media contains an element of truth that points to what is going on at Ibrox. It is this: there are significant developments unfolding at the club. The financial situation is acute with the board seeking investment and Green wants to be near at hand when that deal is brokered. More interesting is the relative silence of King. He, too, though has not gone away. Much of the action from Graham Wallace, the chief executive of Rangers, and King, the man who would be sovereign at Rangers, is taking place in London, with mixed results. A City source, who invested in Rangers in the initial public offering, told Herald Sport last night that Wallace has been active in trying to arrange support for another share issue. However, he added: "He has not met with conspicuous success." This was said wryly. The message, though, was deeply serious. "There is no way I would advise further investment at Rangers under the present circumstances and under the present board. It is that simple," he said. King has been working the City since at least March. His initial strategy was to canvass support for his plan to take the proxy vote for significant shareholdings and force change. This, increasingly, has been seen to be impractical, perhaps even unworkable, as long as the major players remain united within the Ibrox boardroom. The pressure must be applied to the Beaufort Group that holds the majority of shares. This has been applied effectively by the strategy of some fans to withhold season ticket money. There has been much argument over whether this constitutes a boycott but it would be much more instructive to investigate the action's consequences. It has brought King back into play, despite the reluctance of some on the Ibrox board to deal with the South African businessman. King's patience was criticised over the summer but he may just have played his cards astutely. Rangers are searching for money and King claims he has it. This seemingly straightforward case of demand and supply, however, founders on the rocks of implacable politics at Rangers. King, though, has improved his position quietly over the summer and may in the position to make his move. The re-emergence of Green at this crucial juncture is not coincidental. The Yorkshireman, who has the copyright of the terms bluff and plain-speaking, has again caused considerable annoyance to those inside Ibrox, not least Ally McCoist. The Rangers manager was understandably frustrated at Green's latest intervention at the weekend when he stated that he could raise money to extricate the club from the deep financial hole. McCoist described all of this as "a sideshow" and it is, but it is one with a purpose. The former chief executive was reminding everyone that he will have a say, even if his influence may be limited, in what happens at Ibrox. With this financial game playing out in the media, it is almost crass to discuss a football match but what happened at Ibrox in front of 43,683 deserves consideration. First, Hearts deserve enormous credit for a gameplan and for the willingness of their players to carry it out. Craig Levein and his football department have recruited wisely. Robbie Neilson set the team up cleverly and there were particularly outstanding contributions from Danny Wilson, in central defence, and Osman Sow, in attack. Success for Hearts was ensured by increasing fecklessness in Rangers ranks. After they had missed early chances, Rangers defended awfully. Wilson made the most of a free header and Sow capitalised on disarray in the Rangers backline to score emphatically, seconds after McCoist's side equalised. This frustration - and the very fact that he was asked a question he had to answer - probably accounted for McCoist's relative sharpness as regards Green. He will, though, be more concerned about solving the matters he has influence over, including finding the ideal wide man who can produce opportunities for Kris Boyd and Kenny Miller. The latter had to come back to midfield on Sunday to find a touch and he was insistent afterwards that the side had to create more chances. The team faces an interesting challenge at Falkirk on Friday. The board confronts more difficult problems with every day that passes. http://www.heraldscotland.com/sport/football/king-still-in-play-as-financial-chess-game-rumbles-on.25024715?
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The rumour is that Brighton are in for Wallace and are close to matching our valuation.
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From The Evening Times Their desperation is growing by the day. Keep up the pressure, lads.
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"We note with interest the comments of David Somers in the press regarding the proposed sale and leaseback of Murray Park. We would question why it is Mr Somers, and not the CEO Graham Wallace, who is making this response on behalf of the board? The phrase "plausible deniability" springs to mind. Whilst the response of Mr Somers is a fascinating insight into his "mindset" we are more interested in unequivocal, legally binding statements from the PLC board. We note these are still not forthcoming for either Ibrox or Murray Park. Mr Somers stated at the AGM that he was not against debt as long as it was 'cheap' debt. It was clear that his "mindset" at that time was that 'expensive' debt was not acceptable. Weeks later the board agreed to take extremely expensive debt from Laxey in a move which was only thwarted by fans. We are therefore not inclined to take too much heed of Mr Somers "mindset" at any given time. However, since Mr Somers appears to be the designated spokesman for the board on this topic perhaps he can clarify some more specific matters: Is Mr Somers denying that Mr Wallace and Mr Stockbridge discussed raising finance using the assets of the club as early as a few days after the AGM in December 2013, at which Mr Wallace stated the club had "enough cash for the near term"? Is Mr Somers denying that this would have been done had the asset finance not fallen through? Is Mr Somers denying that Mr Wallace and Mr Stockbridge specifically discussed raising finance using Murray Park? Is Mr Somers denying that Mr Wallace and Mr Stockbridge discussed using board relationships to raise finance against the club's property assets including some of Mr SomersÂ’ own relationships? Is Mr Somers denying that although this use of Murray Park to raise finance was not actioned at the time it was discussed that it could be used at a later date? Perhaps Mr Somers feels that two Executive directors of the Rangers board discussing raising finance on Murray Park does not constitute "board discussions"? We would disagree and remind Mr Somers of his focus on board collective responsibility when he was defending Mr Stockbridge's appalling performance at the AGM. Once again we would ask this board to stop engaging in half-truths, pedantry and wordplay and tell fans the truth."
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From club website today. THE Board of Rangers Football Club ('the Club') has been asked in the past several weeks to confirm once again that the Club will not grant security over Ibrox to any organisation during the upcoming football season. The Board is happy to reaffirm its position, which has never been a matter of debate, by confirming once again that it will not enter into any form of sale, securitisation or leaseback of Ibrox Stadium. This has been and still remains the Board’s clear and consistent position on this subject as it continues to protect and enhance the assets of the Club. The Board of Rangers Football Club is committed to protecting the assets of the Club for the benefit of all Rangers fans, and to adhering to the highest standards of corporate governance. Season Ticket sales are continuing throughout the next few weeks ahead of the start of the season and we are grateful to the thousands of supporters who have already bought for the 2014/15 campaign. Events over the past few weeks have reminded everybody of the remarkably testing period our incredible supporters have been through in recent years and now is the time for us all to look forwards, together.
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1300 words on a situation that is becoming more worrying and difficult to justify with every day that passes... http://www.gersnet.co.uk/index.php/latest-news/260-ally-mccoist-and-rangers-time-for-some-home-truths
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According to the Sun website: Club bow to fan pressure over stadium RANGERS fans are set to record a victory in the battle to safeguard Ibrox. Sunsport understands that the under-fire club board are set to give fans’ groups assurances that the club’s home won’t be sold off. The agreement will only be a short-term fix — but the board are hopeful it will spur fans on to buying season tickets for the Championship. Only 17,000 have been sold as fans attempt to put cash pressure on the club. Around 3000 fans marched to Ibrox yesterday to voice their concerns about the running of the club. Ex-stars John Brown and Nacho Novo lent their support and Novo told the crowd: “This club means everything to me and you mean everything to me. “Thank you all for coming out and staying united as we try to safeguard the club we all love. “I’m from Spain but this is where my heart is and we have to stay together to make sure this place we love stays part of Rangers. “This is about every supporter who wants to see the club prosper. This is a special club and Ibrox is a special place.”
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RANGERS are pleased to announce match ticket pricing for home games in the new SPFL Championship season. There are two categories of games for the 18 league matches played at Ibrox next season. Category A games are league matches against Hearts and Hibs, while games featuring the other seven teams in the division are in the Category B classification. Match ticket pricing for Category B games range from £17 to £29 for adults, £12 to £20 for concessions and £5 to £6 for juniors. Category A prices range from £21 to £33 for adults, £15 to £23 for concessions and £5 to £8 for juniors. Tickets for the first two games of the season – the Petrofac Training Cup tie with Hibs on Tuesday August 5 and the first league game of the season at home to Hearts on Sunday August 10, will go on sale online and via the Ticket Hotline from Friday July 18 with the Rangers Ticket Centre beginning to sell from Monday July 21. Matchday ticket prices are between 5 and 8% higher than the price of the equivalent Season Tickets for Ibrox next season. Rangers Chief Executive Graham Wallace said: “The new match ticket pricing structure provides excellent value for money in what promises to be the most competitive league in Scottish football next season. “Our policy is to keep tickets as affordable as possible – especially for junior supporters – while reflecting the increased standard of football our fans can expect with visits from both Edinburgh clubs the highlights of the fixture calendar.” “The excitement is building for the new campaign and everybody here is raring to go.” The Club is making special access arrangements to allow supporters to use the Ticket Centre while Ibrox is being prepared for, and then de-rigs after, the Commonwealth Games Rugby Sevens. The Ticket Centre will be closed for the two days of the rugby competition on Saturday July 26 and Sunday July 27. Tickets can still be purchased on those days via the Club website or Ticket Hotline. The Club has produced a ‘Questions and Answers’ document that will provide supporters with most of the information they require about buying tickets. CLICK HERE TO VIEW THE Q&A DOCUMENT http://www.rangers.co.uk/news/headlines/item/7180-rangers-announce-ticket-pricing
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Dont know if this has been covered or not , but who exactly is paying for this tour , we are taking a playing squad of 25 plus management and backroom teams , there must be the bulk of 40 plus in the party , yet we are playing basically junior teams by Scottish standards , so given we are struggling financially , the question is who's footing the bill for this little extravaganza
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http://www.express.co.uk/sport/football/486397/Rangers-gaffer-Ally-McCoist-happy-to-sign-experience Rangers gaffer Ally McCoist happy to sign experience RANGERS boss Ally McCoist has defended his signing policy after reuniting the ageing strike force of Kenny Miller and Kris Boyd. Published: Thu, July 3, 2014 Miller and Boyd. The duo have a combined age of 64, but while McCoist insists his team isn’t the ‘Dad’s Army’ of the Championship, he was quick to stress the Ibrox side would not have made it out of the lower leagues with a bunch of kids. McCoist, whose side face Buckie Thistle in their first pre-season friendly tonight, said: “I can understand people being sceptical with players coming back and the ages of these players, but, at the same time, we are not in a position to plan longer term. “Finances are dictating that the job is to get out of the division until the time comes when we can again spend money and bring players in. “A year ago, Kenny was scoring at Wembley for Scotland, and Kris was unbelievable at Kilmarnock last term. “I was really impressed with their desire to come back, do well and be part of our journey. “They’re tremendous pros and the younger ones will learn a lot from them. “When you are reaching 30, a fear goes through you that you’re nearing the end of your career and there’s a desire and a determination to look after yourself and play for as long as possible." He added: “We’re not ignoring kids and it’s nonsense to suggest otherwise. But you can’t flood your team with kids and then expect to get through two divisions. “There’s never been a case in recent Old Firm history where five or six kids have come through the ranks and into the first team. “But, if the younger lads coming through are good enough, they will play. Guys like Lewis Macleod and Fraser Aird have come in and stayed in. “Others, like Calum Gallagher and Robbie Crawford are there on the fringes and we’ll continue to give the younger ones a chance. “But it’s crazy to think we could have put seven or eight in the team and come through the leagues.” McCoist confirmed that former Hearts defender Marius Zaliukas, 30, is on his radar as he looks to add to his squad. He said: “Marius has come up to train with us for a couple of days, “I’ve always liked him as a centre-back, If we can bring him in then great, but we haven’t even spoken contracts or money.”
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RANGERS have experienced a flurry of late season ticket sales since striker Kris Boyd made his emotional return to Ibrox last week. Boyd ended weeks of speculation when he signed a one-year deal with the SPFL League One champions - and is set to team up again with Kenny Miller. And his capture has since led to a surge in Light Blue supporters signing up to watch Ally McCoist's side in the 2014/15 season. The ticket office at Ibrox at the weekend was queued out of the door for long spells as fans snapped up season books for the new campaign. Lifelong fan Alan Anderson, from Cambuslang, was taken aback at the level of interest when he renewed his ticket at Ibrox on Saturday. He told SportTimes: "I was told the season ticket office was going to be open until after two o'clock and popped down half an hour before it shut. "But when I got there there were a lot of cars in the car park and people were queueing out of the door. "There was a great atmosphere among the supporters who were waiting to buy tickets. "I think most of them were, like me, buying season tickets because Kris Boyd has signed. "But people were genuinely excited about the season ahead and the prospect of playing teams like Hearts and Hibs. "I wasn't going to renew my season ticket, but I decided to do so when I saw that Boyd had signed. "I think a lot of people were the same as me. "I don't necessarily like who is in charge at Rangers at the moment, but I am, as the slogan goes, prepared to support the team and not the regime." Rangers announced to the Stock Exchange a fortnight ago that "approximately 17,000" season tickets had been bought by fans this summer. That is in stark contrast to the 34,000 supporters who made the Gers one of the best backed clubs in Britain for the second stage of "The Journey". The Union of Fans - an umbrella group comprising six supporters organisations - has been urging fans not to renew their season tickets. The UoF and former director Dave King set up Ibrox 1972 Ltd in the close season and urged supporters to pledge their money to it instead. They want Rangers to give them security over the stadium and the training ground at Auchenhowie in return for the cash. http://www.eveningtimes.co.uk/rangers/rangers-revel-in-boyd-ticket-bounty-169185n.24618366
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We know that season ticket sales are slow/low, and this is for a variety of reason. One of them being Dave King's "trust". Does anyone know what sort of numbers are involved with the trust now??? Is it a significant number, or has it turned out to be a bit of a damp squib???
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I'd have thought that a joint purchase with the SFA of a new long lease at Hampden, (which expires 2020) with a view to eventual redevelopment will have been mulled over by DK. If Rangers are liquidated again, this option would fit DK's 'not a penny' mantra, and deprive 'the ****s' of a more bountiful return on the assets. At the very least, tactically, DK could bring Hampden into the arena as a piece of leverage against the board, as unpalatable as the prospect may appear to the support.
