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A ten-year-old boy on a Rangers bus was struck by a bottle thrown by rival fans before Sunday's Old Firm clash. The incident happened on Nutberry Court, near Cathcart Road in Glasgow’s south side, before the weekend’s league cup semi-final at Hampden. The attack took place when a Rangers minibus travelling to the game was surrounded by Celtic fans hurling abuse at around 12.30pm. A door on the minibus was opened and a bottle thrown inside. It struck the young supporter who needed hospital treatment as a result. The ten-year-old was taken to Glasgow’s Yorkhill Hospital where it is understood he received treatment for a broken jaw and three missing teeth before he was later released. Officers have now launched an investigation to catch those responsible. The man who threw the bottle is described as white, 5 ft 11 in height, of heavy build and was wearing green clothing and possibly a white beanie hat. Kenneth MacEwan, Cathcart CID, said on Monday: "This was an appalling assault on the boy who was with his dad and fellow supporters going to his first Celtic v Rangers game. "He never got to the match but instead was detained overnight in hospital and has a facial injury and teeth missing. "We do believe that this was football related. "Yes, it would appear that the bottle was deliberately thrown at the mini bus, however, we don't think the boy was specifically targeted as such. "Obviously Cathcart Road was very busy at this time so plenty people would have been about when this happened. I would appeal to them or indeed any of the group which we believe the man was with, to contact police." Police made 37 arrests over trouble related to Sunday's Old Firm clash. Celtic and Rangers clashed at Hampden in Sunday's league cup semi-final in the first meeting between the two sides in almost three years. Police confirmed on Monday they made 37 arrests in relation to the powderkeg match. A total of 23 of those arrested are expected to appear at Glasgow Sheriff Court on Monday, 12 of those for alleged sectarian breach of the peace, A further 11 people have been reported to the procurator fiscal and three were handed fixed penalty notices. http://news.stv.tv/west-central/308852-ten-year-old-boy-on-rangers-bus-hit-by-bottle-before-old-firm-clash/
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According to Ronnie Esplin on Twitter, Kenny McDowall says he has been told to play 5 loan players. Wow!
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The Company confirms that it has today drawn down the sum of £5 million from the credit facility agreement entered into between SportsDirect.com Retail Limited (SD) and Rangers Football Club Limited (RFC) and has repaid the loan of £3 million to RFC provided by Mash Holdings Limited (MASH). As a result of this repayment, all rights of MASH to nominate two persons for potential appointment to the board of directors of the Company and RFC have now lapsed. SD has the right to nominate two persons for potential appointment to the board of directors of the Company, but has not currently exercised this right. Further to the Company's announcement on 27 October 2014, the Company would like to clarify the position in relation to any rights of MASH to appoint directors of RFC as referred to in that announcement. The correct position is that MASH never had the right to directly appoint directors of RFC. http://www.rangers.co.uk/news/headlines/item/8461-company-announcement
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Northern Ireland international Shane Ferguson is thrilled to have joined Rangers. The talented winger, who along with four Newcastle United team-mates have been loaned to the Ibrox men until the end of the season, conceded he’s over the moon with the move to the Glasgow giants, however he wouldn’t be available for selection as he continues to recover from a knee injury. “It’s going to be another few weeks before I get up to Glasgow but I can’t wait to get started,” said Ferguson. “Three of the lads went straight away and did their press conference and trained with the team but I have to bide my time. “I’m almost back to full training and as soon as I am completely fit I will be in Scotland and hopefully I can help Rangers win promotion back to the top flight of Scottish football. “Everyone knows Rangers are a huge club. OK, the last few years have been tough for everyone at the club and the fans who have stuck by them but I am excited about playing for such a big club. “The last three months have been frustrating after I picked up a knee injury in training. “This is an opportunity for me to go and get games as soon as I am fit and nothing would make me happier than being part of the side that took Rangers back to where they should be in Scottish football. “They are second in the league and have a bit of ground to make up on Hearts but it is a challenge that I am relishing and I know the other lads feel exactly the same. “I’ve never been in this situation before. When I spent time on loan at Birmingham it was never a case of us challenging for promotion so there is a lot riding on the last few months of the season.” Although a few eyebrows were raised that he made his move to the Gers on deadline day, but for the 23-year-old he just wants to play football. “My family have always been very supportive of everything I have wanted to do in my career – and a move to Rangers is no different,” he admitted. “The decision was mine to make and nothing entered my mind other than football. I am a footballer and that is all that matters. “I know a few people hiding behind a computer have had a pop at me but all I want to do is play football and Rangers are giving me that opportunity. “People can say what they want but I am happy to be signing for Rangers. “I have to say almost all the comments I’ve received from people back home and in Scotland have been really positive. “That means a lot to me and, of course, there has been a bit of banter with my mates back home, too. “I have a lot of friends who are Celtic fans but I have lots who support Rangers, too, so I’m sure the stick will be flying for a while yet.” The Eglinton man also confirmed that he took advice from Northern Ireland boss Michael O’Neill prior to his move. “The first I heard about Rangers being an option was on Sunday night. The five of us got a call and were told to go and have a think about it,” he added. “After I decided it was definitely something I wanted to do, it all happened pretty quickly. “With the Scottish transfer window shutting at midnight, I knew the move had to happen that day even though I wouldn’t be going there straight away. “I just can’t wait to get there. I already know Dean Shiels from playing with him for Northern Ireland but I didn’t speak to many people before signing. “Michael O’Neill had heard about the move and I spoke to him and his advice confirmed what I was already thinking about going. “There were a few rumours doing the rounds about me not signing but that was never the case. I knew it was a good move for me and that was that. “I have actually played at Ibrox for Newcastle in a summer friendly and had to mark Kyle Lafferty when I came on. “The atmosphere was incredible for that game so I can’t wait to experience it when those fans are behind you. I am really excited about playing there.” Ferguson, who still has 18 months remaining on his contract with the Toon Army, believes the next few months could be something special. “The next six months are massive. I want to help Rangers win the league and, of course, helping Northern Ireland qualify for Euro 2016 has been on my mind. “I want to be as sharp as I possibly can be by the time our next games comes around in March and if I am playing regularly for Rangers that is brilliant. “I wouldn’t want to harm our chances of playing when I’m not at my best but this move will definitely help that.” http://www.londonderrysentinel.co.uk/sport/football/ferguson-delighted-with-rangers-move-1-6563801
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We asked the question last night about how much is being paid for the loan players from NUFC It turns out Rangers don't even know as Ashley hasn't decided yet. Must be the first club ever to sign five players without first agreeing how much they will cost. Discussion took place today and most likely outcome will be dependant on how many games they play. Wonder how they got that past the two Football Associations. Contacts claim the players were hawked around England first with no takers hence the reason we got them with half an hour to go in transfer window.
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Another record for Deadline Day? Five players to boost the squad, are you a happy Bear?
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Glasgow Rangers bidding to sign clutch of Newcastle United fringe players on deadline day Glasgow Rangers are hoping to tie up a multiple loan deal for a clutch of Newcastle United fringe players on deadline day. The Ibrox club are eager to bolster their squad in order to keep a tight grip on the Scottish Championship play-off spot they are currently occupying. With Hearts the runaway leaders, Rangers’ hopes of promotion will go up in smoke if they slip out of second place with Hibernian breathing down their neck. Now Rangers hope to sign some of United’s fringe players which could see the likes of Haris Vuckic, Gael Bigirimana and Kevin Mbabu going north of the border. Today is the last day that international loan deals can be completed and that includes moves to Scotland. I haven't a clue about these players, but I'm sure they'll be better than what we have at the moment. http://www.chroniclelive.co.uk/sport/football/transfer-news/glasgow-rangers-bidding-sign-clutch-8561228?
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We have considered the views of many fans regarding action against Sports Direct. After to today's announcement we would be surprised if any self respecting Rangers fans spent money in his shops. Stopping him taking others money is a priority and as such we shall be starting a series of action to do this very soon. To hit his pocket via a series of actions nationally would not go amiss and as should be possible. What i suggest we do is set up a national network of Sons of Struth branches to coordinate future actions and as such would request as many as possible join us and those willing to coordinate from a local level can contact us to offer their services. sosnofstruth@aol.com As usual any action from SoS will be legal and non threatening to any staff or customers JOIN US http://www.sonsofstruth.co.uk/join-sos.html Craig
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Strapped in for yet another transfer window? Well, here we go! Graeme Shinnie (Left-back, 23, Inverness Caledonian Thistle) Max Power (attacking midfielder, 21, Tranmere Rovers) Express Graeme Shinnie on wiki
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http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12218547.html
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Radio Scotland - McLaughlin. Also conjecture that Ashlay will sell to ParkCo.
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“We have to keep believing because leads like Hearts’ have been blown before.” Dean I hope you do let us see what you can really do because up until now it is disappointing.
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http://www.telegraph.co.uk/sport/football/teams/rangers/11325238/Rangers-board-in-crisis-talks-after-emergency-500000-loan.html In a day of high drama at Ibrox the Rangers board is negotiating under severe pressure to save the club from financial meltdown for the second time in three years. The plc directors are frantically trying to strike a deal with the investor alliance of Dave King – a former Rangers director – and the Three Bears consortium, who last week scooped up available shares in an audacious raid. The astonishing development followed Telegraph Sport’s disclosure last night that the unpopular Ibrox regime had reached a crisis, which was confirmed today when the club’s board announced to the Stock Exchange that they had accepted an emergency loan of £500,000 from its football chairman, Sandy Easdale, to stay afloat for another few days. The Telegraph had revealed that a major announcement to the LSE was imminent, in respect of Rangers’ parlous economic situation. The trigger was a bill from HMRC for payment of National Insurance, under threat of a petition by the tax authority for the club to be placed into administration if the account was not settled immediately. Easdale’s loan is secured on the fee – believed to be £1 million - obtained from Brentford for the transfer of the highly rated 20-year-old midfielder, Lewis Macleod. When Rangers confirmed MacLeod’s sale to the Stock Exchange on Friday, the announcement said that the proceeds would “be used for immediate working capital”. The announcement of Easdale’s loan stated that the £500,000 would “be used by the Company for general working capital purposes over the next few days”. The statement added that the loan had been offered and accepted “on a fee and interest free basis and it will be secured against the income from the sale of player announced on 2 January 2015”. Related Articles Rangers board to lose power unless Mike Ashley steps in to save directors Rangers board to lose power unless Ashley steps in 04 Jan 2015 Rangers' squad could be decimated in January 01 Jan 2015 Rangers supporters’ group urges fans to displace Ashley 03 Jan 2015 Ashley's plan to own Rangers hits buffers 02 Jan 2015 The situation whereby a short-term loan of working capital is secured on recently obtained and desperately needed working capital is not only designed to stave off immediate administration, but also to keep the club afloat while the directors try to salvage what they can before surrendering to what now looks like an inevitable takeover by the fan-friendly axis of King and the Three Bears. However, three possibilities are in play. One – currently looking the least likely - is that Mike Ashley will come to the board’s rescue, having secured control over the appointment of two directors in return for £3 million of emergency funding in October. However, the Newcastle United owner had previously tried to negotiate with the Scottish Football Association to increase his stake at Ibrox from 8.92% to 29.9% but was refused by the governing body, who insisted that he should comply with his written undertaking not to go above 10%. The second option is an £18 million takeover offer from Robert Sarver, owner of Phoenix Suns basketball club. That offer was also notified to the Stock Exchange at the start of business this morning. Again, Telegraph Sport led the way in revealing that there had been conversations between Sarver’s advisers and those connected with the Three Bears consortium of wealthy shareholders, who have bought a substantial tranche of Rangers shares, as has the former Ibrox director, Dave King. Rangers’ second Stock Exchange statement today read: “The Company notes recent press speculation and confirms that it has received an approach from Robert Sarver (or a vehicle to be established and controlled by him) ("Mr Sarver") that may or may not lead to an offer being made for the Company. “There can be no certainty that an offer will be made, nor as to the terms on which an offer may be made. A further announcement is expected shortly.” Takeover rules mean that Sarver has until 5pm on February 2 to confirm or withdraw his offer, which is worth £18 million and designed to give him complete control of the club’s equity. Again, there are difficulties with this proposal. As the Telegraph disclosed, Sarver has an interest in investing in European football clubs, as opposed to a strategy based solely on a single outfit such as Rangers. A full equity bid would take time to implement, even if it found favour with the majority of investors. When King placed an offer of £16 million in October – the deal rejected by the Rangers plc board in favour of Ashley’s short term fix of loans – it was in the form of a debt and equity mix that would have lent the club sufficient money to keep it going through the takeover process. Another problem for Sarver is that, taken together, the recent share purchases by King and the Three Bears – Douglas Park, George Letham and George Taylor – constitute a little over 34% of Rangers’ stock. They have been pledged support by other disenchanted investors and have also been allocated proxy votes. The King/Three Bears axis know that they can now call upon sufficient support to outdistance the Ashley/Easdale camp by a significant margin. Having got themselves into such a favourable position they are not inclined to stand aside for Sarver although they have, as would be expected, let it be known that they will happily have him on board as a like-minded investor. This is well short of Sarver’s original intent of attaining complete control of Rangers before looking elsewhere to acquire other football interests. One obvious objection to that as a long-term strategy is that it would infringe the same dual-ownership regulations that have prompted a disciplinary complaint against Ashley by the SFA. In any case, time is now the pressing enemy of all the contending parties. If the club runs out of cash and is forced to enter administration for the second time in three years Rangers will be consigned to a fourth successive season in the lower leagues – a prospect feared by the Scottish football authorities as well as other clubs who would benefit financially from their return to the top tier, as a consequence of better sponsorship and broadcast deals than are currently available. Rangers are again teetering on the edge of a financial precipice as the principal personalities jostle on the brink to establish who will be thrust over to the rocks below - and who will be left standing to inherit whatever remains of this once immensely proud and respected club.
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KENNY McDOWALL fears Lewis Macleod’s departure to Brentford could trigger the start of an Ibrox transfer-window exodus. The caretaker Rangers boss lost his prize asset yesterday when the young midfielder signed a three-and-a-half-year deal with the Championship outfit. But with an entire team of players out of contract in the summer and free to speak with interested parties from today, McDowall is worried his promotion push will be undermined by further sales. The Ibrox interim manager, who had no say in Macleod’s £1million move south, was gutted to lose him. When asked if he feels the 20-year-old is much better than Brentford, McDowall said: “I absolutely think so – but that’ll be down to Lewis, whether or not he fulfils his potential. “He has a lot of experience for a young lad and that will stand him in good stead. “I was told he was going for a medical, that was as much as I heard. That’s the beauty of the window. It’s the month from hell. “It’s generally not a good window with most teams wanting to keep their best players. Unfortunately we are not capable and are not being allowed to. “I will just have to wait and see what else happens. It’s outwith my control.” Lee McCulloch, Steve Simonsen, Kenny Miller, Kris Boyd, Kyle Hutton, Richard Foster, Lee Robinson, Stevie Smith, Bilel Mohsni, Ian Black and Jon Daly are all out of contract in June. And McDowall will seek urgent talks with chief executive Derek Llambias and football board chairman Sandy Easdale to address the situation. He said: “I’ll need to have meetings pretty sharp with Derek and Sandy. They’re free to speak with people so we’ll need to address that.” Given the uncertainty, kids Callum Gallagher, Craig Halkett, Tom Walsh Robbie Crawford and Kyle McAusland have all been brought back to Gers from their loan spells. Subject to international clearance, Macleod will become a Brentford player when the window officially opens on January 3 but will not be eligible for the FA Cup clash with Brighton. Bees boss Mark Warburton said: “I’m delighted to have secured such a young talent as Lewis. He’s had an outstanding season and will be an excellent addition.” http://www.dailyrecord.co.uk/sport/football/football-news/rangers-boss-kenny-mcdowall-lewis-4900649?
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...while fans are queuing up to bail them out. WHY the hell are Rangers selling their best player for just £1million when they have fans who are willing to put £6.5million into the club?. It's an absolutely ridiculous state of affairs. No wonder the Gers fans are going berserk. It's obvious to me this is a reaction by the club to the SFA blocking Mike Ashley from increasing his stake to 29.9 per cent. The club is desperate for money. I said a few weeks ago that it wouldn't surprise me if clubs came in for Macleod and Lee Wallace in the January transfer window. It is well known in the game that Rangers need funds. So clubs will try to get players on the cheap. But Brentford! For £1 million! It is obvious Rangers are in a serious predicament. Because what does selling the midfielder do for their chances of winning promotion back to the top flight? I just don't know why the club aren't accepting people who have put money on the table with open arms. George Letham, Douglas Park and George Taylor have offered to underwrite the share issue to the tune of £6.5 million. They are genuine supporters who care about the Ibrox club and they have provided proof of funds. Anybody who wants to invest in the SPFL Championship club just now has to be a fan given the state they are in. They don't want to make a fast buck. Apparently, the club is ready to open negotiations with the trio over representation on the board. But for me there is no discussion needed. Ashley's attempt to buy control of the Ibrox club has been rebuffed by the SFA. So the club has to get money from somewhere else. Why aren't they accepting this substantial injection of cash straight away. Why are they offloading Macleod? Do they have something to hide? Are there things they don't want these guys to find out about? I personally am not interested in who is in charge Rangers. I just want them to function as a unit with everyone involved working together. I want to see the club run they way it should be run - on and off the park. If this consortium's bid isn't accepted there is a very real danger that more fans won't bother to turn up for the Championship game against Dumbarton on Saturday. Attendances at the matches against Cowdenbeath and Livingston this month were below 20,000. What will they be this weekend after this development? The people who are running Rangers have to understand they need the supporters onside to get out of this mess. If Letham, Park and Taylor came in then I am in no doubt that fans would have more faith in the board and more of them would come back. I know for a fact that young Lewis didn't really want to leave Rangers. Certainly not to Brentford. I am in no doubt that the 20-year-old has been told he has to join the English Championship club to raise money. Yes, it is a higher level than he is currently playing at. But I think he could do far better than the Griffin Park club. The money Rangers will bank from the sale of the Scotland Under-21 internationalist, too, will do them for a month. What do they do after that? They have lost one of their best performers, one of the few individuals they have who has a bit of quality. Do they go back to Mike Ashley and get more loans? Are we the Loan Rangers now? http://www.eveningtimes.co.uk/rangers/rangerscomment/rangers-are-flogging-the-family-silver-while-fans-are-queuing-up-to-193047n.115344368
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Do you think the board will film it again and out it on the big screen?
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http://www.telegraph.co.uk/sport/football/teams/rangers/11315517/Rangers-are-facing-an-impending-crisis-on-and-off-the-field.html Rangers go into 2015 in a state of crisis greater than anything they have faced since they began their attempt to march through three divisions and regain top-flight status in Scotland. The weekend defeat by Hibernian at Easter Road not only effectively ended their frail hope of challenging Hearts for automatic promotion to the Scottish Premiership, it also confirmed that the Ibrox side are in poor shape for the play-offs. Rangers trail Hearts by 15 points and to put themselves in a position where they could be promoted without having to take anything from their final fixture – against the leaders at Tynecastle – they would have to make up more than a point per game on Robbie Neilson’s players throughout the second half of the season. The evidence of the league meetings with their most likely play-off rivals – Hibs and Queen of the South – is that Rangers would struggle in a play-off sequence against them. They have been beaten home and away by Hibs 7-1 on aggregate and if the games against Queens had been a two-legged tie, the 4-4 score would have seen Rangers lose on away goals. Of course, past results are no guarantee of future performance – a dictum that applies in football as it does to the stock market – but Rangers are in disarray in both arenas. Kenny McDowall, having been told that he will replace Ally McCoist as manager until at least the end of the season, uttered a harsh truth after the 4-0 weekend defeat by Hibs. “At the moment I am just going to have to work with the squad that is there. I can’t just invent players,” he said. Derek Llambias has not yet cut the playing strength in his drive to reduce the £8 million annual deficit at Ibrox but a dozen or so players are out of contract at the end of the season and have no idea whether or not they will be offered continued employment. It can be argued that this should be a motivational tool and that those footballers should be performing as though their careers depended on the outcome – which, in some cases, will be true. Related Articles Rangers' post-McCoist era off to a shocker 27 Dec 2014 Miller laments Rangers' defensive waekness 27 Dec 2014 McCulloch: 'Let’s do this for McCoist' 26 Dec 2014 SFA 1, Mike Ashley 0 24 Dec 2014 However, when Terry Butcher warned Hibs’ below-par players last season that they would have to step up or ship out, the result was the collapse which saw the Easter Road team relegated. There has been no indication that McDowall can add to his strength during the January transfer window and, in any case, the fact that Rangers have the highest player salary bill in Scotland outside Celtic hardly suggests Llambias could make a case to Mike Ashley for greater funding in that department. In any event, Ashley now has troubles of his own at Ibrox. His long-term strategy of making the club dependent on his funding – emergency loans secured on assets – has given him control of a compliant board but the grand plan has run into obstacles. Llambias told the club’s Fans Board that it would be “very difficult” for the directors to regain the trust of the support. Yet at the subsequent annual general meeting David Somers, the Rangers chairman, produced an ill-judged display of bluster that has wholly alienated him from the fans. The outcome was cemented by The Telegraph’s disclosure of an email in which Somers pleaded with an Ashley representative to keep the Newcastle owner’s takeover process on course – in the face of a competing £16 million offer by Dave King – so that he could remain chairman. The AGM also featured the bizarre spectacle of club directors proposing an open share issue of £8 million and then voting against it, a tactic that can only be explained by a mistaken belief that the Scottish Football Association would grant Ashley his request to exert complete control at Ibrox by increasing his shareholding to 29.9 per cent. The SFA’s refusal to do so has generated a challenge to Ashley’s hegemony from the consortium of wealthy Rangers supporters – Douglas Park, George Letham and George Taylor – who have proposed an offer to underwrite the share issue to the tune of £6.5 million. The question for Ashley is whether he maintains his own percentage stake by putting more money into the club – and having to agree to the consortium’s demand for board seats – or find some way of presenting alternative funding which would dispense with the need for the share issue. Either way, the immediate outlook for a dysfunctional club is turbulent. Ashley and Rangers must answer SFA disciplinary charges that he has extended his influence beyond the terms of the written undertaking he gave. And – perhaps most ominously of all – in five weeks Rangers face Celtic in a Scottish League Cup semi-final. That is a prospect which – after Saturday’s collapse – has Ibrox fans fearing the damage that could be inflicted by their greatest adversaries.
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...from SFA panel that includes.. Celtic boss Peter Lawwell. Dec 22, 2014 22:30 By Gary Ralston THE Ibrox club's new chief executive will have to set out the blueprint for the future of the club for an SFA group that will include his opposite number at Parkhead. DEREK LLAMBIAS will seek approval for Mike Ashley’s vision for the future of Rangers today from an SFA group that includes Peter Lawwell. The Celtic chief executive is a member of the SFA board that will meet with the new Rangers frontman at Hampden for talks on the way forward for the cash-strapped club. Rangers have been asked to detail the business plan and strategy behind any future investment from the Newcastle United owner. Llambias, who denied he’s on Ashley’s payroll at a stormy Rangers agm yesterday, declined to offer clarity on the Sports Direct tycoon’s involvement at Ibrox. He said: “I’m seeing the SFA and a clearer picture should emerge then.” The SFA board, which also includes chief executive Stewart Regan, president Campbell Ogilvie, Hibs chairman Rod Petrie and SPFL chairman Ralph Topping, have the power to veto any plans. They will be keen to hear if Ashley has ambitions to increase his shareholding or if he or any of his representatives plan to take up positions on the Ibrox board. There has been disquiet among fans about the involvement of Ashley under “dual interest” rules, which frown upon individuals holding key positions at two or more clubs. Strictly speaking, however, Article 13 of the SFA does not forbid Ashley having a sizeable stake in Rangers and Newcastle United, but he would require “prior written consent of the board” to increase his influence at Ibrox. The SFA board will hear Llambias’ blueprint and may ask for further details before giving their judgment on Ashley in the new year. The meeting today has been described as informal, but Llambias will be expected to shed light on a range of issues. He is likely to be asked, for example, why the Rangers board felt they had no option but to accept Ashley’s recent £2million loan when Brian Kennedy and Dave King had also come to the table with investment proposals. Lawwell’s involvement is an intriguing sideshow and, as talks progress, he may decide he is conflicted and step away from discussions. He recently admitted the absence of Rangers from the top flight of the Scottish game was costing his club £10million a year. However, an under-strength and under-funded Rangers effectively gives Celtic a free run at the Champions League each season and the riches it can provide. The talks with the SFA board are separate from the notice of complaint recently issued to Ashley and Rangers by an SFA judicial panel. Ashley and Rangers are accused of breaching an agreement he would not take control of the club and compliance officer Tony McGlennan acted after Ashley’s recent loans, totalling £3million, led to accusations he had been handed the keys to the door. Meanwhile, Rangers fans have urged Ashley to turn to Dave King or other wealthy Bluenose backers after supporters vetoed plans to open the club to £8million of fresh investment from non-shareholders. Only 45 per cent of shareholders backed a resolution aimed at inviting new investors into the club and it’s believed Ashley and the Easdale block voted against the proposals. Chris Graham of the Union of Fans said: “It’s disingenuous for the top table at the agm to recommend the resolution, only to apparently vote against it. “They clearly don’t want others to buy in without them having first interest. Legally, Dave King could still underwrite a new share offer and other backers, such as George Taylor in Hong Kong, have invested heavily recently. “I only hope Derek Llambias acknowledges the scale of the disconnect between club and fans displayed at the agm. He can have Ibrox half full for the foreseeable future or turn it round the other way. “Mike Ashley will still make money if outside investors come into the club.” Sandy Easdale refused to rule out involvement in future from the likes of King and Brian Kennedy. He told shareholders: “I’ve never dismissed any of these guys, they may yet be part of the future of this club.” Llambias, who stepped down as Newcastle managing director in June 2013, told shareholders he was committed to returning the club to the top of the Scottish game. Llambias added: “Not everything I do will be popular but everything I do will be in the club’s long-term interests. “We need financial stability off the pitch and great football on the pitch. We want to get Rangers back into the top flight and the Champions League. “That is our aim and hopefully next year I will give a much better speech.” http://www.dailyrecord.co.uk/sport/football/football-news/rangers-chief-derek-llambias-must-4859995?
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Apparently today's top table location...
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19 December Rangers International Football Club plc ("Rangers" or the "Company") Appointment of Chief Executive Officer Existing Board member Derek Llambias has been appointed Chief Executive Officer of Rangers with immediate effect. Derek joined the Board on 2 November 2014 as a non-executive director. In line with the cost cutting exercise announced on 12 November 2014, Mr Llambias's remuneration will be significantly lower than previously offered for this position. Additionally, David Somers will now revert to his previous role as non-executive Chairman. Commenting on the appointment, David Somers said "I am delighted that Derek has agreed to step up to the Chief Executive role. This is a successful outcome to the process, announced on 27 October 2014, which involved interviewing a number of high calibre candidates. Derek has impressed us with his grasp of the issues since joining the group and brings a wealth of experience, particularly from his time at Newcastle United, which we feel confident will be invaluable to Rangers. ************** " which involved interviewing a number of high calibre candidates" Did it f@ck.
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RNS Number : 4108A Rangers Int. Football Club PLC 22 December 2014 Rangers International Football Club plc ("Rangers" or the "Company") AGM Statement As previously announced, the Company's Annual General Meeting will be held at 10:30am today, Monday 22 December 2014, at Ibrox Stadium, 150 Edmiston Drive, Glasgow G51 2XD. Access will be through Exit 30 of the Broomloan Stand which is adjacent to turnstile 64. Shareholders will have access to the Albion car park with access to the Stadium footprint for disabled Blue Badge holders to park near the entrance. Shareholders are asked to arrive in good time from 9am in order to clear the registration process. Shareholders should bring the attendance card which was included with the Notice of AGM, posted to registered addresses on 28 November 2014. In the event that the attendance card is lost, Shareholders should bring some other form of ID (a credit/debit card will suffice). Shareholders whose shares are held in a nominee account with their stockbroker will need a Corporate Representative's letter (issued by the custodian of their shares) in order to be admitted. Non-shareholders including guests of shareholders, will not be admitted. The meeting will consider the 9 Resolutions set out in the Notice of AGM, each of which will be subject to a vote by Poll, which will be verified by Capita Registrars Limited. The result of these Resolutions will be released to the London Stock Exchange by no later than 7am on Tuesday 23 December 2014. At the AGM the Chairman, David Somers, will make the following statement: "Welcome Ladies and Gentlemen to this Annual General Meeting of Rangers International Football Club plc. It feels like years since I last stood in front of you and it is amazing that it is only just over 12 months. 12 months ago, as I had just joined the Rangers Board, I was given the impression that the Club had enough money to see it through the first few months to the season ticket window. Sadly, I quickly discovered that this was not the case. The Board then began metaphorically to take up all of the carpets; after which we were left with a very long list of legacy issues that needed to be sorted out, often as our finances would allow. So in the first few months, we reviewed all of the contracts, the finances and the legal issues, ending up with a long list of legacy issues that would need to be dealt with over time. Since then we have spent many months focusing on these legacy issues dealing with them one by one. To be honest, it is frustrating dealing with legacy issues, because you are effectively looking backwards during this time and dealing with issues you didn't create yourself. I know that most fans will not really be interested in such efforts, because it is not about football, but these legacy issues and contracts have had to be dealt with so that we can begin to move forward. I was always taught to be cautious, so I hesitate to say that we have dealt with all of these legacy issues, as whenever I think that, another legacy issue quietly appears, but we do seem to have addressed many or most of them. One of our biggest remaining legacy issues is the weak state of the Rangers finances. In the financial area, we have been fortunate that a number of people have supported us with loans during the last 12 months, namely Sandy Easdale, George Letham and Mash Holdings. I sincerely thank them for their support, which in some cases, has included their loans being interest free. In the early days, while developing our list of legacy issues to be addressed, Graham Wallace wrote a review, which became known as the 120 day review. In this he indicated a desire to spend £20-30 millions in reaching the top levels of Scottish and European football. After visits to various City institutions the Board believed that such a level of expenditure would be supported by the City institutions, and the then monthly rate of loss, would also be supported by the shareholders. In the event, this was discovered not to be the case, because when we came to raise funds through a share issue, we soon found that there was a lack of appetite from shareholders to invest significant extra funds just to pay wages and utility bills. Accordingly, we have moved to cut costs significantly. Like any household, Rangers can ultimately only spend what it earns and, as has been reported in the media, we have moved quickly to bring our costs down and much more in line with our income. Rangers Football Club has been living beyond its means for many years and much of the cost cutting and efficiency improvements should have been addressed years ago by previous boards when we were in the lower divisions. But they weren't, so we are doing it. A material part of our costs relate to player costs, however, and these can only be addressed over a long period of time because of the length of the contracts. These contracts are often measured in years, not months. In these past 12 months, I have been surprised at a number of things. Firstly, the highly negative aspect of most of the media reporting regarding Rangers. Secondly, because it is clear to me that a stronger Rangers is good for Scottish football, I have been very disappointed to realise that outside of Ibrox, there sadly still exists a great deal of anti- Rangers feeling, perhaps (although I hope not) even in the football establishment. Rangers return to the top flight of our game, I am sure you will agree, will be more easily achieved if everyone who cares about the Club works together for the betterment of Rangers. This turbulent year has seen people calling for a season ticket boycott, seen the disruptive creation of a season ticket trust for a while and other negative ideas. Such negativity is expensive for Rangers as it reduces season ticket and overall ticket sales, increasing the likelihood that I will have to borrow money to cover the shortfalls created. Our path to restoring Rangers to where we all want the Club to be, can only be achieved with the continued support of all supporters, shareholders and business partners. 2013/14 saw Rangers Football Club complete the second stage of our rise back to the top of Scottish football and the year also brought another vital component for a new Rangers to emerge for the future - a structured and measured approach to rebuilding the football club. An unbeaten SPFL League One campaign was an excellent return for Alistair, his staff and the players and they deserve our congratulations. While we were all ultimately disappointed to have been defeated in both the Ramsdens Cup Final and the William Hill Scottish Cup semi final, our fundamental objective of achieving promotion was comfortably achieved with a points total into three figures. I was delighted that the Board was able to further support the Manager in providing funds for the recruitment of nine players in 2013/14 and also in the period immediately after the end of the financial year when we brought Kenny Miller, Kris Boyd, Steve Simonsen and Lee Robinson back to the Club, together with the signings of Marius Zaliukas and Darren McGregor. While the success of any major football club will always be benchmarked by its first team, a strong Youth Academy is also an informative barometer of long-term health and well being. It is very pleasing to see the quality and quantity of young talent being nurtured at Murray Park. Last season our Under20s won the SFA Youth Cup and narrowly lost out in the title race in the final week of the campaign. 57 players from our Under 14 to Under 21 age groups were called into international squads and three more Murray Park Academy graduates made their first team debuts. The ladies and girls teams have come a long way in a short space of time, enjoying significant success. In season 2013, the Ladies reached the semi final of the Scottish Cup, The Under 17s team secured the league, Scottish Cup and League Cup treble, the U15s and U13s finished second in the leagues and a new U11s team has been introduced. Internationally, the Rangers ladies teams have contributed 22 players to the Scotland teams across all age groups. We are charting our future strategy in the five key areas of: • Developing Football Performance • Focus on Player Asset Management and Youth Development • Re-connecting effectively to our Local and Global Fan Base • Developing Best in Class Commercial and Operational Capability • Strengthening Commitment to our Communities The year also saw Rangers make the first, important steps towards building an effective programme of engagement with our fan base. Fans were contacted via email, SMS, online and at matchdays to assist in our Ready To Listen Initiative, showing we are serious about improving communications and dialogue with all supporters. Subsequent focus groups took place in Ibrox with feedback generated helping to shape the direction of the Club's fan engagement strategy. I think that we would all agree that we still have work to do in this area and one in which we must increase our endeavours. Although we have experienced difficult trading conditions, there have been a number of important and positive, developments in our fiscal position during the financial year. A 32% increase in total revenue from £19.1m to £25.2m was recorded in the year ending 30 June 2014, with the majority of the uplift due to the first full year of our retail venture with our long term partner Sports Direct. Reduced revenues from gate receipts and hospitality are down from £13.2m to £12.4m and were a direct result of the lower matchday attendances from both season ticket holders and walk-ins. This shortfall was offset by increased revenue from sponsorship and advertising up from £0.8m to £1.5m illustrating the improvements in the Rangers brand perception. Proceeds from ticket sales were also adversely impacted by the decision not to increase prices of either season or matchday tickets from the previous season. Season ticket sales were sadly down from 38,228 in 2012/13 to 36,039 in the 2013/14 financial year, resulting in a fall in revenue from £8.1m to £7.7m in financial years 2012/13 and 2013/14 respectively. Our average home league attendance also fell from 45,111 in the 2012/13 season to 41,444 in 2013/14. Other Operating Income rose from £1.7m to £2.1m, a 22% increase, mainly as a result of hosting both Scottish Cup Semi Finals and an increased associated uplift in matchday catering revenues. At this AGM, we are requesting permission from shareholders to enable us to issue shares to improve the long term financial stability of the Club. We were not able to last year and I sincerely hope, for the good of the financial stability and future of the Club, that it will be forthcoming this year. We are now increasingly looking forward. An immediate priority is to re-build the Board with suitably experienced people and this is already well underway. We also need to look at the football side for a number of reasons. Firstly, there has for some time existed a chasm between the talented young players being developed at Murray Park and our first team. We need to focus on ways of developing our own young players for the first team rather than continually buying-in players. Secondly, as you all know Ally has decided to resign and has given us the required 12 months notice of his intention to leave the Club, as of yesterday Ally is on gardening leave. Sadly, this year, one of our greatest ever supporters will not be with us on the rest of our long journey. In April we lost Sandy Jardine - a truly inspirational man and Ranger. I had the privilege of meeting him a number of times before he left us and I found him to be one of football's true gentlemen. Sandy will be forever revered and the re-naming of the Govan Stand in his memory is a fitting tribute to a truly wonderful person who cared so passionately about his Club. My personal goals remain what they were 12 months ago. Namely to ensure that the events of Rangers' recent past can never happen again; to cleanse the Club of these events, and also to ensure that Rangers gets back to the top in football. I now recognise that we will not get much support outside of Ibrox for this; we have to do it ourselves. And we will. Last year I said that I was proud to be Chairman of Rangers. I will repeat that again today, because I genuinely believe it is a privilege to be in this position." http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12192436.html
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Notices of Complaint: Rangers FC and Michael Ashley Monday, 15 December 2014 The Compliance Officer has issued the following Notices of Complaint: Alleged Party in Breach: Rangers FC Disciplinary Rule(s) allegedly breached: Disciplinary Rule 1: All members shall: (b) be subject to and comply with (i) the Articles (ii) this protocol. (f) behave towards the Scottish FA and other members with the utmost good faith. Disciplinary Rule 19: Except with the prior written consent of the Board: (a) no club or nominee of a club; and (b) no person, whether absolutely or as a trustee, either alone or in conjunction with one or more associates or solely through an associate or associates (even where such person has no formal interest), who: (i) is a member of a club; or (ii) is involved in any capacity whatsoever in the management or administration of a club, or (iii) has any power whatsoever to influence the management or administration or a club, may at the same time either directly or indirectly:- (a) be a member of another club; or (b) be involved in any capacity whatsoever in the management or administration of another club; or © have any power whatsoever to influence the management or administration of another club. Disciplinary Rule 77: A recognised football body, club, official, Team Official, other member of Team Staff, player, match official or other person under the jurisdiction of the Scottish FA shall, at all times, act in the best interests of Association Football. Principal Hearing date: Tuesday, 27th January 2015 Alleged Party in Breach: Michael Ashley Disciplinary Rule(s) allegedly breached: Disciplinary Rule 19: Except with the prior written consent of the Board: (a) no club or nominee of a club; and (b) no person, whether absolutely or as a trustee, either alone or in conjunction with one or more associates or solely through an associate or associates (even where such person has no formal interest), who: (i) is a member of a club; or (ii) is involved in any capacity whatsoever in the management or administration of a club, or (iii) has any power whatsoever to influence the management or administration or a club, may at the same time either directly or indirectly:- (a) be a member of another club; or (b) be involved in any capacity whatsoever in the management or administration of another club; or © have any power whatsoever to influence the management or administration of another club. Disciplinary Rule 77: A recognised football body, club, official, Team Official, other member of Team Staff, player, match official or other person under the jurisdiction of the Scottish FA shall, at all times, act in the best interests of Association Football. Principal Hearing date: Tuesday, 27th January 2015 http://scottishfa.co.uk/scottish_fa_news.cfm?page=2566&newsCategoryID=1&newsID=14110
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Suppose we find one point four million in a drawer at ibrox and wield the axe who should be our next manager and who should be his assistants . and who among the current squad would you like to see go in the January transfer window
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I never thought he really wanted to sell Newcastle? http://www.telegraph.co.uk/sport/football/teams/rangers/11295462/Mike-Ashley-could-control-Rangers-and-Newcastle-United-within-weeks.html