Super Cooper 0 Posted August 7, 2014 Share Posted August 7, 2014 Must be a complete takeover or it's pointless. Show them the money Dave. 0 Quote Link to post Share on other sites More sharing options...
Steve1872 4 Posted August 7, 2014 Share Posted August 7, 2014 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted August 7, 2014 Share Posted August 7, 2014 Dave King will probably come out and say that he hasn't heard from the Rangers board for months. 0 Quote Link to post Share on other sites More sharing options...
TheWee BlueDevil 0 Posted August 7, 2014 Share Posted August 7, 2014 Who'd a thunk it! Them getting another get out of jail free card. They are a club who are completely incapable of accepting defeat or victory with dignity on or off the pitch. Odious is not just a perfect description for that "creep", it fits rather well over in the east end too. Always cheated, never defeated. How sad is that? 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,761 Posted August 8, 2014 Author Share Posted August 8, 2014 Rangers chairman David Somers reveals he is ready to open talks with Dave King about investing in the club. IBROX regime urgently need a fresh injection of cash and Somers admits he intends to ask King to take up the option of buying new shares that the club plan to issue. RANGERS chairman David Somers last night opened the door to a Dave King takeover by admitting he’s ready to start talks with the club’s would-be saviour. Somers and his rattled regime are desperately seeking fresh investment to avoid more financial distress on the back of a supporters revolt which has seen this year’s season-ticket sales almost halved to around just 20,000. We first revealed in June that the board hoped to stave off a gathering crisis by raising up to £8million in a new share issue which would be open only to existing shareholders. But a lack of interest in that proposal among city investors has forced the club to scale back on its ambitions and on Wednesday they announced to the stock exchange their hopes of bringing in £4m instead – emergency cash which will be needed in order for the club to pay its way through the rest of the calender year. Yesterday Somers confirmed to Record Sport his plan to put even more shares up for sale later in the season – and his intention of inviting King to finally plough cash into the club. When asked if he plans to open dialogue with new investors and with King specifically, Somers said: “Yes – we will be seeking shareholder approval at the agm later in the year for further issues of new shares, to provide the financial capability needed to develop the club for the future. “Just because we obtain this permission, however, does not mean we will use it immediately; rather it is an important capability to have. This is all part of a long-term strategy to rebuild the club in a considered and planned manner. “We are always open to dialogue with new investors, including Dave King. On an occasion in the future when we might be talking to new investors, I would expect us to have a courtesy conversation with him.” King insisted earlier this year that he was ready and willing to pump more than £30m into Ibrox in order to gain control of the ailing club and nurse it back to health. But after being held at arm’s length by the board he retreated to South Africa. Last night, after Somers made clear his intentions to open fresh talks, we contacted King in Johannesburg. He said only: “I have heard nothing.” http://www.dailyrecord.co.uk/sport/football/football-news/rangers-chairman-david-somers-reveals-4022731 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted August 8, 2014 Share Posted August 8, 2014 Was expecting more from Jackson, he made it out to be massive news before letting it out. This is meh. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted August 8, 2014 Share Posted August 8, 2014 Yet another case of the headline and the article telling two very different stories. Tabloid dross. 0 Quote Link to post Share on other sites More sharing options...
Whosthedado 1,703 Posted August 8, 2014 Share Posted August 8, 2014 Last night, after Somers made clear his intentions to open fresh talks, we contacted King in Johannesburg.[/url] He is still alive then is he??! 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted August 8, 2014 Share Posted August 8, 2014 sounds like a way to get shareholder approval for more share that no doubt will go to ****s not king. in other news we have agreed a fee for charlie telfer out of court its less than we wanted but we need the cash to pay the wages this month. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,679 Posted August 8, 2014 Share Posted August 8, 2014 in other news we have agreed a fee for charlie telfer out of court its less than we wanted but we need the cash to pay the wages this month. So you're saying that the season ticket cash has disappeared already? 0 Quote Link to post Share on other sites More sharing options...
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