Bluedell

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.

"I had forgotten my mortgage is with Lloyds."

Not much. I think it's just formal confirmation of yesterday's announcement, which in itself doesn't say anything anyway.

Whether is came from him or his company didn't make that much of a difference. It came from him as far as I'm concerned.

Yeah, the "sumbody down the pub" story is getting a bit tiresome.

My information is that the bank have been in the club and involved in decision making since before the end of last season (which i told several people on the site privately). I'm not sure that he has exaggerated the position.

The number of people who claim to have inside information on this is incredible, and most of the rumours are slightly different from each other.

They didn't really have any choice. It wasn't made with a view to making money but rather to reduce the club's debt.

No. MIH indirectly bought shares in the club. Nobody can turn round and ask for their money back.

When did that happen? I don't remember that.

As Craig say, I don't think Walter has back-tracked. He has been contradicted by those higher up the tree, but that is all.

My views are as follows: Car park - If Murray was seling the club without bank pressxure then the deal would include the carpark, as he has said on a few occasions that the carpark would be returned to the club. Given the bank's apparent involvement then all bets are off. However it's no use to anyone else so they might include it for extra cash. Edmiston House - RHL seem well esconsed in there so I don't see it being sold. Auchenhowie - it's owned by the club so no reason for it not to be sold as part of the deal. If the new buyer needs it to be stripped out for financial reasons then we have problems. I always thought that Murray would want to keep it for the land but doubt he's in a position to do anything about it, so we will keep it. Land around Ibrox - the redevelopment of Ibrox had a lot of potential pre-economic crisis, but I haven't a clue if it's still a goer. all things being equal Murray would like to keep it, but he may not be ina position to dictate. depends on the ambitions of the new buyer. Mechandising - I've not heard anything to suggest that we don't own the rights. Catering - our agreement is with Azure which Murray has no involvement with any more. I'd imagine that the new owners would be happy enough to continue sub-contracting the catering.

What the bank says is also at odds with what Walter said. Who do you believe in that one?