Steve1872 4 Posted June 20, 2012 Share Posted June 20, 2012 Chris McLaughlin@BBCchrismclaug Two Glasgow businessmen are preparing an £11 million pound bid to take control of #Rangers. More to follow just seen on twitter 0 Quote Link to post Share on other sites More sharing options...
Steve1872 4 Posted June 20, 2012 Author Share Posted June 20, 2012 Chris McLaughlin@BBCchrismclaug Allan Stewart and Stephen McKenna are the Glasgow businessmen behind a fresh bid for #Rangers. They hope to buy club and hand back to fans. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,716 Posted June 20, 2012 Share Posted June 20, 2012 3 July 2010 Two businessmen who have given former council leader Steven Purcell a post with their charity are at the centre of a row over a £1.7 million land deal. It emerged yesterday Allan Stewart and Stephen McKenna have given Purcell the role. They denied this was “payback” for the *council paying one of their firms for land needed for the *Commonwealth Games. However the Sunday Herald can reveal that after the council backed the deal a Stewart & McKenna company gave £5000 to the Labour party. Stewart also donated £4100 to his local Labour branch in East Kilbride. According to the Electoral Commission, the pair made no donations before the land sale. On November 10, 2006, Glasgow’s Executive Committee approved a £1.7m payment to Stewart & McKenna (Dalmarnock) Ltd for a plot of land in the East End, £350,000 more than the firm had paid for it a year earlier. It was “not originally considered to be required,” a council report said. But after advice from Games consultants, it was deemed “central” to the event. On 30 November 2006, the East Kilbride Labour party accepted £4,100 from Allan Stewart. Five months later, Scottish Labour took £5,000 from Stewart & McKenna Ltd. Stephen McKenna told the Sunday Herald Purcell would not be paid for his work for the pair’s charity, the Stewart & McKenna Foundation, and denied any connection between the land deal and donations to Labour. Steven Purcell could not be contacted yesterday. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted June 20, 2012 Share Posted June 20, 2012 Twistin' and turnin' Rangers: Two businessmen prepare £11m bid for control at Ibrox By Chris McLaughlin Senior Football Reporter, BBC Scotland Two Glasgow businessmen are preparing a bid to take control of Rangers. Housebuilders and property developers Allan Stewart and Stephen McKenna plan to bid about £11m for the club. They hope to run Rangers for two to three years before floating the company on the Stock Exchange and handing the club over to the fans. The pair plan to meet current owner Charles Green, who bought the club's assets for £5.5m, in the coming days. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,716 Posted June 20, 2012 Share Posted June 20, 2012 1 Aug 2010 A FIRM run by two millionaire property developers has gone bust - owing the taxman £78,000. Allan Stewart and Steve McKenna's empire once boasted a turnover of £134million a year. And the pair's charity work has been supported by Tony Blair, Bill Clinton, Al Gore and Goldie Hawn. But we told in May how one of their companies, Stewart & McKenna Ltd, was taken to court over a tax bill. And the firm has now been put into liquidation after the cash was unpaid. Last week insolvency experts Buchanan Roxburgh were appointed as the liquidators. Stewart & McKenna Ltd was the first company the two men set up, in 2005. Since then the duo, whose HQ is in Cambuslang, near Glasgow, have formed more than 20 firms. In an interview in 2007, the partners claimed they had made £134million the previous year after selling 14,000 flats worldwide. Last month Labour Party donors Stewart and McKenna said they had given shamed former Glasgow City Council leader Steven Purcell a job with their charity, which has built orphanages in Russia, Indonesia and Africa. The property developers have previously denied that their empire is in trouble. The Sunday Mail tried to contact Stewart and McKenna yesterday but they did not return our calls. A Buchanan Roxburgh spokesman said: "We would appeal to any creditors to contact us." 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2012 Share Posted June 20, 2012 McKenna a bitter yahoo. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 20, 2012 Share Posted June 20, 2012 previously linked with green. sounds like a stalking horse imho. 0 Quote Link to post Share on other sites More sharing options...
andy steel 0 Posted June 20, 2012 Share Posted June 20, 2012 Aaaaaaaaaaaaaaaaaaaaaaaaaaaaarrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrgggggggggggggggggggggggggggggghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh 0 Quote Link to post Share on other sites More sharing options...
MeAndMyWeePalJoe 12 Posted June 20, 2012 Share Posted June 20, 2012 Unbelievable. What's next a joint bid from Jimmy Carr and Ken Dodd? :surprised: 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted June 20, 2012 Share Posted June 20, 2012 Some will welcome Taigs before they welcome their own..... 0 Quote Link to post Share on other sites More sharing options...
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