2 names from Greens consortium revealed

[Max Rebo's Big Blue Nose 0]

CHARLES GREEN has revealed two of the names involved in the Sevco consortium taking over Rangers - and he has insisted that interest is growing daily.Speaking exclusively to RangersTV, Mr Green has identified Indonesian businessman Jude Allen and Middle Eastern lawyer Mazen Houssami as two of the key protagonists along with a Singapore Family Trust who are part of founding group of investors.

 

However, since the takeover news broke last weekend Mr Green has been inundated with requests to join the consortium

 

He told Blues News: "I can now provide two names, as I have clearance to do so on their part, of investors who are on the list.

 

"One guy is Jude Allen who is an Indonesian investor and the second is a lawyer from the Middle East Mazen Houssami.

 

"These two are very prominent in their areas. It's a great opportunity for us to build on their experience, their connections in those regions because we want to take the Rangers brand into these areas.

 

"There are other names but for today they are two very prominent businessmen who are backing the football club

 

"And in addition to these two previous names there is also a Singapore family trust.

 

"The reluctance to reveal investors initially was because a lot of these investors are offshore trusts and individuals who didn't want their name in the press and media because they, like everyone else in the world, have been watching the Rangers story unfold through the media since February and indeed before that and these people are not publicity seekers.

 

"They want to invest in the football club for the right reasons and the other problem is that we have got an extensive list of interested parties and that list is growing daily.

 

"Since the announcement was made we have had a number of people who were not in my original contact list and some of those are local people that we are speaking to.

 

"We have visitors today at the club we had visitors yesterday - all of whom are interested in becoming investors. That's great news for me because first of all it shows there is a belief that this club can be rescued.

 

"We read articles that the forecasts for the club were misleading. To be honest we have looked at these figures and we have made our own assumptions and we have made our own assessments and we believe we understand this club.

 

"Perhaps egotistically we believe we have the ability to resolve these challenges. We have viewed historical numbers as a guideline and we have to set our own budgets.

 

"Unfortunately for us we don't know if the CVA will go through. We don't know if we can get the transfer embargo overturned and these two things to have a material impact on budget.

 

"So we've approached this with complete flexibility and we have approached it on the basis that this not a one-year or two-year deal, this is a five-ten year plan.

 

"So I have to balance which of the investors are going to be best for this football club.

 

 

"I can assure fans that it is very easy to raise money, even in this financial market we are in, for an institution like Rangers. Raising the real best type of money that's going to help us expand the club, develop the club in the Asian markets."

[Max Rebo's Big Blue Nose 0]

Not to read too much into this interview but these comments are somewhat concerning....

 

"One guy is Jude Allen who is an Indonesian investor and the second is a lawyer from the Middle East Mazen Houssami"

 

One guy? Is this the best terminology for an investor in our club? He sounds like he doesn't know them from Adam?

 

"We have visitors today at the club we had visitors yesterday - all of whom are interested in becoming investors. That's great news for me because first of all it shows there is a belief that this club can be rescued"

 

Again this seems troubling... there is a belief that this cluB can be saved...? A wee bit of a step down from the bullish comments from last week. He sounds like he's making this up as well as trying to gain investors as he goes.

Edited May 18, 2012 by Max Rebo's Big Blue Nose

[Guest Corkie]

I think he's getting prospective investors in to show just how big an entity the club is. If it had been during the season it would have been possible to show just how big and powerful the support could be and thus the potential for prospective investors. Being able to show these guys what their actual investment would be put into would help.

[GovanAllan 0]

I think he's getting prospective investors in to show just how big an entity the club is. If it had been during the season it would have been possible to show just how big and powerful the support could be and thus the potential for prospective investors. Being able to show these guys what their actual investment would be put into would help.

 

Tbh Corkie for these guys it's about return, if they can sell their shares in 5 years for more than they paid for them then they have a result.

 

Was interesting to hear him say it's not a 1 or 2 year plan which would be a quick in and out investment, but a 5 to 10 year plan which to be honest going by experience will attract a better standard of investor.

Edited May 18, 2012 by GovanAllan

[GovanAllan 0]

Not to read too much into this interview but these comments are somewhat concerning....

 

"One guy is Jude Allen who is an Indonesian investor and the second is a lawyer from the Middle East Mazen Houssami"

 

One guy? Is this the best terminology for an investor in our club? He sounds like he doesn't know them from Adam?

 

"We have visitors today at the club we had visitors yesterday - all of whom are interested in becoming investors. That's great news for me because first of all it shows there is a belief that this club can be rescued"

 

Again this seems troubling... there is a belief that this cluB can be saved...? A wee bit of a step down from the bullish comments from last week. He sounds like he's making this up as well as trying to gain investors as he goes.

 

He's from Yorkshire Max surprised he was that eloquent.

[Danny 0]

One inconsistency here is that he said he could not name anyone because of rules and restrictions based on him by the admin - and that until the CVA was agreed the names would remain anonymous. So why's he now shelling out names? What's changed?

[craig 5,199]

One inconsistency here is that he said he could not name anyone because of rules and restrictions based on him by the admin - and that until the CVA was agreed the names would remain anonymous. So why's he now shelling out names? What's changed?

 

Perhaps D&P allowed him to release the names. he has been taking flak for the fact we dont know anything about ANYONE in the consortium - this at least puts some "meat on the bones".

[Danny 0]

Perhaps D&P allowed him to release the names. he has been taking flak for the fact we dont know anything about ANYONE in the consortium - this at least puts some "meat on the bones".

 

Possibly. I just thought there was some legal basis for the confidentiality.