forlanssister 3,114 Posted June 14, 2012 Share Posted June 14, 2012 (edited) Statement on behalf of Walter Smith: I can today confirm that following talks over the last few weeks I am leading a new bid for Rangers Football Club. I have been assisted by Jim McColl, Douglas Park and other prominent Scottish businessmen with a shared objective – that Rangers Football Club should be in the hands of Rangers people who will stabilise the Club and protect it from future situations like we find ourselves in today. With this in mind, representatives have, on behalf of my group, made representations to BDO, Duff and Phelps and indeed Charles Green, notifying them of our willingness to offer on the “Newco” basis on which Mr Green is proceeding. We would call on Mr Green to step aside and allow us to proceed with our deal which is in the best interests of the creditors, the employees, the fans and the various other stakeholders of Rangers Football Club. None of our group has any desire to own Rangers Football Club but we have put this deal in place to save the Club. However, our overriding objective is to ensure that the stadium, the history and everything else magical about Rangers Football Club is protected and nurtured back to good health and provide a platform for Rangers for generations to come. Let’s be clear, this is an acquisition designed to stabilise the Club and ensure history does not repeat itself. We are not in this to take money out of the Club but more so to do whatever it takes in a turnaround plan to ensure within a few years the Club can be passed on intact and to the right people. The supporters should be under no illusion that it will be extremely hard but with their support we can overcome financial hardship that lies ahead by lending their support to what we feel is the correct way forward – for Rangers people who know the Club inside and out to control its destiny. The prominent Scottish businessmen involved have agreed to provide acquisition funding to allow myself and a management team to take on Rangers Football Club and make the business self-sufficient with long term sustainability being essential. I would hope that this offer is fully supported by everyone in the Rangers Family as without them the Club cannot and will not survive. We therefore want to ensure honesty and transparency in everything we do. We want to rebuild Rangers Football Club and in doing so return the institution to the standards it is known for. Edited June 14, 2012 by Frankie 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,562 Posted June 14, 2012 Share Posted June 14, 2012 Good afternoon Walter. 0 Quote Link to post Share on other sites More sharing options...
Jim1955 12 Posted June 14, 2012 Share Posted June 14, 2012 (edited) According to twitter, this bid is being led by Walter Smith. Edited June 14, 2012 by Jim1955 pelling 0 Quote Link to post Share on other sites More sharing options...
Juancornetto 1 Posted June 14, 2012 Share Posted June 14, 2012 Brace yoursleves! 0 Quote Link to post Share on other sites More sharing options...
laudrup11 0 Posted June 14, 2012 Share Posted June 14, 2012 Fingers crossed it is the Successful bid In Walter we trust 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted June 14, 2012 Author Share Posted June 14, 2012 Statement on behalf of Walter Smith: I can today confirm that following talks over the last few weeks I am leading a new bid for Rangers Football Club. I have been assisted by Jim McColl, Douglas Park and other prominent Scottish businessmen with a shared objective â?? that Rangers Football Club should be in the hands of Rangers people who will stabilise the Club and protect it from future situations like we find ourselves in today. With this in mind, representatives have, on behalf of my group, made representations to BDO, Duff and Phelps and indeed Charles Green, notifying them of our willingness to offer on the â??Newcoâ? basis on which Mr Green is proceeding. We would call on Mr Green to step aside and allow us to proceed with our deal which is in the best interests of the creditors, the employees, the fans and the various other stakeholders of Rangers Football Club. None of our group has any desire to own Rangers Football Club but we have put this deal in place to save the Club. However, our overriding objective is to ensure that the stadium, the history and everything else magical about Rangers Football Club is protected and nurtured back to good health and provide a platform for Rangers for generations to come. Letâ??s be clear, this is an acquisition designed to stabilise the Club and ensure history does not repeat itself. We are not in this to take money out of the Club but more so to do whatever it takes in a turnaround plan to ensure within a few years the Club can be passed on intact and to the right people. The supporters should be under no illusion that it will be extremely hard but with their support we can overcome financial hardship that lies ahead by lending their support to what we feel is the correct way forward â?? for Rangers people who know the Club inside and out to control its destiny. The prominent Scottish businessmen involved have agreed to provide acquisition funding to allow myself and a management team to take on Rangers Football Club and make the business self-sufficient with long term sustainability being essential. I would hope that this offer is fully supported by everyone in the Rangers Family as without them the Club cannot and will not survive. We therefore want to ensure honesty and transparency in everything we do. We want to rebuild Rangers Football Club and in doing so return the institution to the standards it is known for. 0 Quote Link to post Share on other sites More sharing options...
North Rd 0 Posted June 14, 2012 Share Posted June 14, 2012 Arise Sir Walter 0 Quote Link to post Share on other sites More sharing options...
Max Rebo's Big Blue Nose 0 Posted June 14, 2012 Share Posted June 14, 2012 Jim McColl! Get in! 0 Quote Link to post Share on other sites More sharing options...
smile 0 Posted June 14, 2012 Share Posted June 14, 2012 The Gloves seem to be Off. 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted June 14, 2012 Share Posted June 14, 2012 Can we get Walter's avatar back on the SSN feeds ? Am I the only one whose hairs on the back of their necks stood up when reading that Walter was looking to buy Rangers... the use of Jim McColl's name didnt go amiss either... All of a sudden I am cautiously excited again !! 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.