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  2. Uilleam
    Yes; but the Consortium is underwriting the 20M GBP issue, and will have to ensure that it maintains its 51% controlling interest. The majority of the 20M GBP will have to come from Consortium sources, then, unless I have got this wrong. We know that the 49ers is cash rich; Cavenaugh, we have to assume -hope- has funds, too. Funding 10M GBP+ via debt, straight off, would not be a good look, and servicing such, by dividends, or whatever, would not be viewed kindly, to say the least.
  3. compo
    Glad it’s finally over because I was becoming convinced that Rangers would expire before myself now I’m pretty confident of the outcome.
  4. Gonzo79
    How does us and them moaning about a journalist show corruption? His job is to report, so I'm unsure what you mean by this. We all know who and what McLaughlin is. Rangers should have kept the BBC ban in place because they are riddled with yahoos and consistently report in a biased manner.
  5. Bluedell
    I think that the investment vehicle being used is a non-UK company, so it may not be easy to find out.
  6. Bluedell
    A sizeable percentage of the £20 million will come from existing shareholders who pledged to reinvest as part of the deal to sell to the Americans.
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