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RST - Community Share Scheme


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Wednesday, 29 August 2012 21:02

For the past two months the board of the RST, in partnership with other members of the Rangers Family, have been working on a Community Share Scheme.

 

The Community Share Scheme is designed to bring about a significant stake in Rangers FC by way of investing in the club as a collective and helping to secure the clubâ??s long term future.

 

Because of the size of the task involved, we sought out help from our members and the wider Rangers support. We were delighted by the response and the calibre of individuals that have got involved.

 

Supporters Direct, the governing body for supporters trusts in the UK, have also supported the process through their network of resources.

 

Ian Davidson MP's involvement to date has been to, very helpfully, broker a meeting with the club.

 

Paul Goodwin (SD), Ian Davidson MP and Chris Graham (Chris has been helping to co-ordinate the project) all attended a meeting with Mr Green and Mr Stockbridge recently to discuss the concepts of fan investment and involvement in the club. Mr Green and Mr Stockbridge were very receptive to these concepts.

 

The content of this meeting and previous discussions has been communicated to The Rangers Supporters Assembly and Rangers Supporters Association in order to hopefully achieve widespread backing for the project. The groups will reconvene after consultation.

 

Despite all the troubles of the past six months, the Rangers Family will hopefully soon have an opportunity to invest in, and have a real say in the future of, the club we all love. The Trust Board will further update members if and when the project is ready to launch."

 

http://www.rangerssupporterstrust.co.uk/rstsite/latest-rst-news/477-community-share-scheme

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I certainly wouldn't be putting my money into such a scheme with the RST at the head of it. If/when I buy shares I will be doing so for myself.

 

Agreed mate they should be starting from scratch on this with new people in charge, too much muddy water went under the bridge in the last few months.

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I certainly wouldn't be putting my money into such a scheme with the RST at the head of it. If/when I buy shares I will be doing so for myself.

 

I wouldn't say that the RST will be at the head of it, if it is it is likely to be a completely different RST to what we have now. Any money collected will go into an Escrow account held by Supporters Direct solicitors. I'd urge you to wait until this launches and then make up your mind, once all the details are finalised. If you don't like what you see then don't participate. However we've been there before with small shareholders having their own shares but having absolutely no influence. I remember the AGM 2-3 years ago when just about everyone there voted against Donald Muir's appointment to the Board but it was still carried.

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However we've been there before with small shareholders having their own shares but having absolutely no influence. I remember the AGM 2-3 years ago when just about everyone there voted against Donald Muir's appointment to the Board but it was still carried.

 

I'll be interested to hear what Charles Green and his gaffers are willing to hand over in terms of voting power and control at boardroom level.

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