Bluedell

He posted it on RM as well.

So I should look at taking the 12th of November off as a holiday as I doubt I'll be getting much work done that day. I don't understand the reason for the first 3 paragraphs though. Why repeat what you've already said?

Nice one.

It would have been classy not even to mention it, but Reid wouldn't understand the concept.

Fighting the bank for the survival of the club apparently.

A definite concern.

I believe that the accounts will show a loss in excess of �£10m. Has the cost-cutting this season saved �£10m+ of costs from last year? No, I don't believe so. If we qualify for the CL every year then we will survive. UEFA cup may allow us to break-even but will not give much to spend in the transfer market. The over-spending post-Kaunus certainly brought the situation further forward, but given that we couldn't make a profit from being in the UEFA cup final and playing in the CL the previous year (without selling hutton) then there were more deep-rooted problems.

Welcome to the site, mate. There have been a few whispers about another potential bid, but who knows? Could be lies being spread by the bank? It's going to be difficult to sort the truth from the other stuff over the next few weeks.

We definitely need to know more. We have no idea what King's plans are on any aspect of the club, so it's impossible to give it complete backing, but it has to be a better option than the bank's apparent downsizing (although is that all a smokescreen put out by the King consortium?) I'm sure there will be a lot of PR put out over the next week or so. It'll just be interesting to see if any of it gives any idea of the plans. Surely King isn't just going to appeal to our hearts and minds with just a "we're better than the bank" message?

Celtic's own website has the attendance as.... "unknown"

There are other inaccuracies in the report. Poor reporting.

I thought that were a lot of empty seats in the bottom half, but then the camera panned up and showed the top deck of the stand totally empty.

Is that 2 wins out of 9 games at home? Good going, Monkey heed. The McManus "tackle" was a shocker. How the ref could only book him first time is a joke. All credit to the lineman for pointing out that the ball was 10 yards away when mcManus decided to assault him.

I like the look of the new forum. Colour scheme is very smart.

Do we want 5 players sold in January?

Sky have had plenty of opportunities before now to insist on it and haven't. I can't seem them doing it in the near future.

Ahh. Went right over my head then...

What's King done to deserve that?

There's a number of people in the know (Barrybaldy, Contacts) who say it's all true.

but not by the fans.

No. They hold shares in companies that own shares, but neither own any shares directly and neither own a majority of the shares in the respective companies, so in theory both could find that they had no influence in the club. That's why Murray has been talked about owning (or controlling) 92% of the shares.

Dave King has an indirect interest of 5.3%. Neither hold any shares directly.

A subsidiary of MIH owns 57% A subsidiary of Murray Sports (MSL) owns 34.4% Murray owns 63.8% of MIH. Lloyds own 11.4% of MIH. Murray owns 57.1% of MSL Dave King owns 15.5% of MSL Lloyds own 8.3% of MSL That works out as Lloyds having an indirect share of 9.4% in the club.

This is extremely worrying. It's confirmation of what has been written by the journalists, and looks as if things have definitely taken a turn for the worst.

An article by Contacts on RM, which hopefully he doesn't mind me reproducing. ================== If anyone ever doubted how much a Rangers man Walter Smith is then Saturday and the last couple of days again proved beyond doubt his love for the club. For 9 days now our club has been torn to shreds by Donald Muir and Lloyds yet Walter has put the club before himself and brought the subject out in the open when everyone else has been denying it. I have it on very good authority that our club has had a torrid time of since Mr Muir joined the club as director and hatchet man for the bank. His sole remit is to get as much of the bank�s money back as possible. There is a business plan to get the money back but no plan for the short, medium or long term future of the club. Donald Muir�s business plan has shocked everyone connected with the club and although those within have tried to reject his plan he is having none of it. His plan consists of selling at least 5 players in the January transfer window with no replacements other than the young reserve players. He is not offering the management team a new contract and expects them to work on a monthly deal. He is making decisions daily that result in the bank getting as much money out of Rangers Football Club with no care of any knock on effect. He will, of course, tell anyone that listens to him that he is only doing his job but none of that matters to any of us bears. The story in the Herald and the Evening Times are 100% accurate! Please do not doubt what has been written! Please do not doubt that our club was within days of administration! Please do not doubt Lloyds Group do not give a damn about Rangers Football Club! We all have to ask ourselves why Walter would want to make statements on the crisis at our club if he was not deeply concerned. Walter could sit back (like some of the players appear to be doing) and take the money but he is not and his love of the club has got him out fighting. Some may not want to believe this but Martin Bain has been constantly fighting the bank on every decision and defending the club to the hilt but these guys are ruthless. The bank has every intention of getting every penny they can from Rangers and they are happy for Rangers to be operated like a small scale SPL club with no ambition or desire. As well as selling players they want to increase ticket prices and implement huge cost cutting measures across every department. After reading this you would have thought they would happily sell the club at a reduced asking price as they have done with thousands of other businesses during the credit crunch but word has it that they are proving hard to deal with the people who want to invest in the club - or could there be preferred bidders? Now as fans what do we do? Obviously at first hand our options are limited but say we could get enough fans together who bank with the Lloyds Banking Group and start closing our personal / business accounts and move them elsewhere then surely they would have to sit up and take note that our fans are not going to sit back and let our club be asset stripped. Now I am not yet starting an appeal but I want all Rangers fans who hold an account with the Lloyds group to start looking around to see what other banks are offering. Make the phone call or look online at how easy it is to move banks and change your accounts over. Let�s take it a stage further and suggest that we start to boycott media organisations that take money from the Lloyds group and let us see how they feel when other people get too involved. Let us see the reaction from their top brass when their pathetic bullying of our club backfires on them. Walter has put the club before any personal gain and now it is time for the fans to take stock of the last few days and decide how we as a body of hundreds of thousands decide how we should take this matter further.