ian1964 10,622 Posted October 10, 2014 Share Posted October 10, 2014 NOBODY is denying that Rangers need money from somewhere - and soon. Despite the share offering last month raising over £3million, there is not enough in the bank to see the Ibrox club beyond the end of the year. But are Rangers going to fall into the same trap as they have on so many occasions in the last few years? Are they going to turn to somebody who is, at the end of the day, primarily concerned with making money? Personally, I want people in charge who have the best interests of Rangers at heart and are not simply hoping to make a fast buck. For me, Dave King, George Letham and Paul Murray all fall into that category. Their priority isn't making a profit on any investment. No, they want to see the club flourish. They would, too, be there for the long haul if they got in. Dave King, who has previously invested £20m of his personal fortune, has shown in the past that his prime concern is the club he grew up supporting as a boy in Glasgow. I know George Letham. His love of Rangers was obvious when he stepped in and loaned them £1m of his own money to keep them afloat last season. Paul Murray could easily have walked away two years ago after the Blue Knights consortium he was a part of was scuppered in its bid to buy the club. But he hasn't. Along with many other fans, I want people involved at Ibrox who have reasons to be involved apart from money. King, Letham and Murray are all Rangers men through and through. I would like to see individuals with a passion for the club having a say in its future instead of those whose main concern is making money. King, Letham and Murray have been in negotiations with chief executive Graham Wallace about a multi-million pound package that would sustain the club to the end of the season and beyond. I would be happy if something could be agreed and they could work together with the current board to return Rangers to the forefront of Scottish football and take them back into Europe. But now, of course, shareholder Mike Ashley has called a extraordinary general meeting of the club in a bid to oust Wallace and director Philip Nash. If he is successful - and I would not bet against a clever operator like the Sports Direct owner getting what he wants - then what happens then? Some Rangers fans are very unhappy about the prospect of Ashley taking a greater role in the running of the club. Others would like to see the billionaire businessman involved. But Article 13 of the SFA Articles of Association prevents somebody having stakes of more than 10% in two clubs without their "prior written consent". Also, if Wallace and Nash are removed then it is going to take over £500,000 to pay up their contracts and honour any bonuses which are due to them. But the funds are running out. So where is the cash going to come from? There is a lot of talk about Ashley being prepared to lend the club money. But if that is the case, no matter what the terms are, then the club is immediately in debt. Is that really what we want? Especially when a man like King, who has said he is prepared to plough in tens of millions without a return, is waiting in the wings. However, Ashley hasn't got where he is today - and the Cockney is apparently the 250th richest man in the world - without being a cunning customer. He has ploughed tens of millions of pounds into Newcastle United. He certainly wouldn't have to invest anything like that to resurrect the fortunes of Rangers. In the last two years nobody appeared interested in the club. Now, all of a sudden, we have two rival camps fighting over it. That in itself has to augur well for the future. Whether the billionaire businessman or three people with the best interests of the club at heart takes control, at long last something is happening. But as I say, my preference, along with a lot of other supporters, would be for guys who love Rangers and want to see it do well coming on board. I WAS looking forward to meeting up with my old mate Andy Gray next week when I head out to Dubai. So I was sad to hear he has returned to Glasgow after his mother passed away. My thoughts are with him and his family. http://www.eveningtimes.co.uk/rangers/rangerscomment/dj-cash-allied-to-passion-is-key-for-rangers-184026n.25554712 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 10, 2014 Share Posted October 10, 2014 no surprise i am sure but i agree with dj. we need more than money we need people who can bring the fans back. thats the real key. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,562 Posted October 10, 2014 Share Posted October 10, 2014 In the last two years nobody appeared interested in the club. Now, all of a sudden, we have two rival camps fighting over it. That in itself has to augur well for the future. Whether the billionaire businessman or three people with the best interests of the club at heart takes control, at long last something is happening. That is what causes quite a bit of anger. These people have been around for years now and whether they have been barred from any sort of action is very much up to debate. The last few times such "interest" came to the fore, it was a storm in a teacup and we were left looking at the same wreckage as before. It has come to the point where people hope that something will change from the current regime, one way or another, and the future of the club is save for the time being. There is no doubt whatsoever that most people's votes lie with the Triumvirate and rightly so. They "just" have to pull this through after all now. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 10, 2014 Share Posted October 10, 2014 It's not really up for debate 0 Quote Link to post Share on other sites More sharing options...
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