Frankie 8,869 Posted March 30, 2010 Share Posted March 30, 2010 And as for inter site wars , come on Frankie , you could drive a bus between the sites the divisions are that great on certain subjects Sorry Frankie I have to disagree , in my experience the vast majority on RM equate the RST with FF and to a degree it's very understandable especially when thinking about one certain individual who has done more harm than good , VB is totally different and have their own reasons for disliking MD and therefore the RST . On Rm I dont think I can remember seeing any positive threads on the RST , they usually get onvolved in the same petty arguements and name calling . As for FF , it's very rare they even mention another site as these types of threads are usually chopped PDQ Mate, you're equating the vast majority with a few vocal people - most folk couldn't care less about politics etc. I do agree Trust threads often degenerate into poor imitations of debate and people are quick to give the Trust the FF tag but you'll find the same overly defensive stuff on FF where other forums (and individuals) are mentioned reasonably often. I'm only saying these arguments are exaggerated in my opinion so both sides can hide from genuine, open debate. Just as well it doesn't happen here... 0 Quote Link to post Share on other sites More sharing options...
wabashcannonball 0 Posted March 30, 2010 Share Posted March 30, 2010 A question for the shakers and movers in high finance and the rich list. I am reliably informed by the person who asked the question, that neither Noble Grossart nor Rangers will give a straight answer as to whither any party is performing DD, the same person assures me it is a legitimate question which infringes no SE rules, any idea why we do not have a definitive on this. 0 Quote Link to post Share on other sites More sharing options...
maineflyer 0 Posted March 30, 2010 Share Posted March 30, 2010 Oh dear, oh dear. Is there no bottom to this? Rangers takeover backer David Low is Celtic fan behind 90s Parkhead rescue Mar 30 2010 Exclusive by Colin Duncan ONE of the men who saved Celtic from financial ruin 16 years ago is involved in a planned fans' buy-out at Ibrox. David Low, a self-confessed Celtic fanatic and season-ticket holder, has been offering advice to the Rangers Supporters Trust who are attempting to gain control of the cash-strapped champions. But despite weekend reports, Scotland's richest man Jim McColl is not prepared to plough any of his �£800million fortune into Rangers and will play no part in any buy-out bid. But what Record Sport can reveal is that financial analyst Low is playing a role in a behindthe-scenes rescue package that would hand ownership of the club to the fans. The 50 -year-old consultant had a major part in the Fergus McCann takeover of Celtic in 1994 that prevented the Parkhead club from going to the wall. And he was asked by one of the Trust's key men to help piece together a similar multi-million-pound deal across the city although his involvement will provoke fury among a section of the support. Part of the Trust was unhappy with his involvement and Low has tried to back off. Last year he was approached by another party interested in buying out Sir David Murray's stake but knocked them back because he was, in his words, an "unreconstructed Celtic fan". Speaking last year Low said: "I was approached by one of my clients - a very, very wealthy family with existing interests in sport - about being their local partner in a Rangers takeover. "It would not work. I am an unreconstructed Celtic fan. But business is business and that should not be an obstacle. "Even if I could convince myself to do it, and to accept all the nonsense that would come with it, there are people around Rangers who are just not ready to deal with someone like me taking on a role such as this. It would damage the business itself, with threats of boycotts and such like. "It would be like Mo Johnston times 10. It didn't seem feasible." The fan ownership would need to be underwritten by a wealthy businessman or consortium prepared to buy the club for a nominal fee and then pay off the �£30million debt to Lloyds TSB. Influence Low has other interested parties who would work in tandem with fans buying into a membership system, giving them the right to elect a board and influence major policy decisions. Around 20,000 supporters would be required to stump up �£600 initially and then contribute �£15 a month over five years to cover the club's running costs. So far Low has not received a fee for his work but should the RST succeed in gaining control of their club he would be entitled to a slice of the deal. Talks with the Ibrox hierarchy are at an early stage but, barring any major objections, the blueprint for a takeover could be in place within three months. Rangers have not attracted a concrete bid since being put up for sale three years ago and manager Walter Smith admitted he would be open to fans' buy-out. Smith said: "Everything is worth looking at." Property developer Andrew Ellis is still considering a takeover. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,869 Posted March 30, 2010 Share Posted March 30, 2010 Posted earlier MF... Mark Dingwall has replied thus on FF: I am on the Board of the Trust and the sub-committee dealing with approaches from other parties interested in buying the club - and those bodies have had no verbal or written communication in any form from Mr Low put before them. In another part of the article the Record implies the Trust will be paying Mr Low money - that's simply untrue. He's not one of our advisors. Stephen Smith has said the following in the ET “I have never formally met David Low, and nor has there been talk of an agreed fee with him for anything,” said Smith. “The Glasgow financial world is a goldfish bowl. As far as I am aware, David Low is personally acquainted with members of our Board. “But as chairman of the Trust, news of his involvement in anything has come as a surprise to me. “But if David Low is supportive of the concept of greater fan involvement and ownership then we would not be averse to talking to him. “Of course the Rangers/Celtic thing can be a dynamic thing, as everyone knows, but the fact is that if anyone has sound financial advice to offer then we will talk to them.” http://www.eveningtimes.co.uk/sport/editor-s-picks-ignore/rangers-fans-we-ve-no-problem-over-celtic-man-talks-1.1017271 0 Quote Link to post Share on other sites More sharing options...
maineflyer 0 Posted March 30, 2010 Share Posted March 30, 2010 Sorry about that, I hadn't seen the article before. In any case, if you looked closely, you could be forgiven for seeing David Murray's hand stirring the pot here. It all comes across as very familiar. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted March 30, 2010 Share Posted March 30, 2010 I can't believe that anyone could even consider taking advice about the future ownership of Rangers from a Celtic fan. That's like a sheep asking a wolf for directions to the nearest sheep pen. Unbelievable. 0 Quote Link to post Share on other sites More sharing options...
maineflyer 0 Posted March 30, 2010 Share Posted March 30, 2010 I can't believe that anyone could even consider taking advice about the future ownership of Rangers from a Celtic fan. That's like a sheep asking a wolf for directions to the nearest sheep pen. Unbelievable. It is indeed. In footballing parlance, an own goal? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,869 Posted March 30, 2010 Share Posted March 30, 2010 Sorry about that, I hadn't seen the article before. In any case, if you looked closely, you could be forgiven for seeing David Murray's hand stirring the pot here. It all comes across as very familiar. I don't think there is any doubt about it to be honest but if people didn't expect him to and plan for it then that is more surprising than the odd story attempting to dampen enthusiasm for any fan-led buy out.... 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,869 Posted March 30, 2010 Share Posted March 30, 2010 I can't believe that anyone could even consider taking advice about the future ownership of Rangers from a Celtic fan. That's like a sheep asking a wolf for directions to the nearest sheep pen. Unbelievable. Disagree actually - I think professionals are professionals when it comes to being paid for business. And if that person is a friend, then that adds weight to consulting someone who may be able to think differently from the average bear. But, can obviously understand many supporters wouldn't fancy the idea. 0 Quote Link to post Share on other sites More sharing options...
maineflyer 0 Posted March 30, 2010 Share Posted March 30, 2010 I don't think there is any doubt about it to be honest but if people didn't expect him to and plan for it then that is more surprising than the odd story attempting to dampen enthusiasm for any fan-led buy out.... Couldn't argue with that but I'm not sure surprising is the word. Predictable might be. 0 Quote Link to post Share on other sites More sharing options...
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