Tannochsidebear

My OP has nothing to do with the meeting between Green and the RFFF. It is pretty much all information that is out there, and proper reading between the lines. I was actually going to write it a week ago when the issue of the "loan" first came up, but I went on holiday and only came back on Tuesday, so it is not influenced by the meeting on Wednesday at all, more a frustration at the way others are working the agenda.

Just shows King up to be not all that clever really.

There has been a lot of talk, mostly negative, about the fact that the funding of the club by Green through the CVA is being done through a loan agreement with certain repayment criteria and interest. Many have jumped on it and wrongly tried to declare that this means he is not really putting any money in, just lending us it until we can pay it back some way down the line. Lets nail this right now. In order to get a CVA agreed, Green had to pump the cash in to fund the CVA and to fund the club from June 1 when the club's cash under admin ran out. It is not certain yet if the CVA will be agreed, as that is up to the Creditors and while it is looking good, nothing concrete can be relied upon at this stage. What were his options to put this money into the club in reality? 1. He does it the way he has done, a loan which would be repayable if the CVA fails and the club is liquidated. If the CVA is approved the loan turns into Capital via shares, and the club exits administration. The loan will not be repaid if the CVA is successful. I can absolutely say that for certain. This is the quickest and best way of getting the money in and the deal done. He is not allowed to officially say this will happen as that would constitute an offer and would be the same as option 2 below. 2. He puts the money in as Capital. Under the rules of this as has been explained to me, he would have to then make an offer for every share available (the 15% not already owned by him). This is very time consuming and costly. Obviously these things are very complicated and well over the heads of most of us, and it is not helped by some who actually know what the deal is and are deliberately stoking up the opposite view to create mischief to follow their own petty agendas. We are having enough trouble with our enemies without some of our own support being obstructive and divisive. What is the only important issue around just now is that the CVA is approved next week. We have already seen a barrage of negative stories trying to derail this process from achieving a successful outcome, and some of these stories have come from so-called Rangers fans who seem to now want us to be liquidated in order that there favoured party can gain control. Firstly we had Green has no money. He has proven he has. Next it was Green's camp is deserting him, nobody has walked away that was already declared as being in. Remember Kennedy saying that if his team were not in by 12 noon the next day a CVA would be impossible? Thats funny because Green came in later than that and still managed to get a CVA out to creditors. We have had accusations of David Low being involved. He is not. We heard accusations that King was suing the club a couple of weeks ago, but he has yet to file papers. He has yet to provide D&P with ANY evidence. His statement yesterday was another attempt to derail the CVA. There is oh so very much more that I cannot put down that has been done to try to disrupt the process from so-called Rangers fans and they really should now give it up and let the club get on with it. By all means we have to keep asking the questions of Green and his consortium, and the RFFF are doing a great job (statements apart!) at pushing Green in every direction to ensure this is getting done properly and with the best intentions. There are still a lot of valid questions we need answered, and the more time we spend trying to get answers to ridiculous accusations that are made up to suit a certain agenda is taking valuable time away from the important issues.

This is something that has been constantly hinted at and used against the Green consortium that he only wanted us to get a hold of the assets, that he was going to sell of and leaseback the stadium and/or training ground. This is excellant news to come out of the meeting yesterday and should give all Rangers supporters some confidence that at least our club's assets will be intact. I have no doubt Green's detractors will just move on to the next thing thrown at him, and while I am not going so far as to say he is the new messiah, I do believe in giving folk a fair crack to prove themselves. So far so good for Green in my book, but of course given what has happened before, we are rightly cautious to take it one step at a time.

"As agreed between Charles Green and the RFFF certain business sensitive information cannot be disclosed at this time.The RFFF is however able to announce that it secured a commitment from Charles Green that he and his consortium will not be mortgaging nor disposing of any of the property assets of Rangers Football Club plc. There will be no arrangement whereby the football club will be required to pay any rental/leasing costs for the use of the property assets now or in the future"

It was a 3 hour meeting, and lots of topics covered. It was decided not to shift focus from the most important issue, which is getting through the CVA, hence the short statement. I'm sure other things will come out in due course, but after a quick chat with one of the attendees, it seems the guys on the RFFF are much happier with our situation than they were before they went in.

While I am happy that we will no longer have that mans name associated with our training ground, and for what it's worth it's not even a proper choice and if Moses doesn't win by a country mile I will be astonished, it is hardly the news we were waiting for to come out of the meeting. The sooner the RFFF release a proper statement the better.

I'm laughing my head off here at the suggestion they would boot us out, given that without us they have no tv contract, no sponsors, no worthwhile league whatsoever. However pissed they might be that they draconian punishments they thought they could get away with because we have no history of fighting back against them have now been thrown out by the first impartial court to hear them, they must now realise that they have went too far this time and Regan must back down. It will be interesting to note that Regan quickly backed down over the Lennon punishment when told they couldnt win an outside court case, but now he has actually lost a proper court case, he is talking about fighting it? His motives must be called into question by his peers.

I have heard that the CVA letters are definately being sent out today. Good to see things progressing on schedule.

Glad to see those really running our club have had the balls to see this through. The kangaroo court of the SFA must not be allowed to be able to excessively punish a club on a whim and a prejudice. The rules are there for a reason, as are the penalties. I would hope all fans would continue to support the RFFF in its defence of the club at this time.

The truth is of course that there is no sporting advantage, and neither should there be. Most clubs entering administration get an automatic points deduction which could see them relegated or in our case removed our title ambitions. We lost players and would have lost a lot more if it were not for the generosity of high-earning players in taking huge pay cuts. It would also be normal for the aftershocks of administration to be still with that club for at least a couple of years afterwards with financial difficulties affecting the clubs ability to retain/recruit players at a level capable of even staying still, never mind growing. In our case, we lost a title that was in the balance. We lost our ability to play in Europe in 12-13. We lost 2 players. We will probably lose more players this summer. In what conceivable way is thie getting a sporting advantage? I can understand that Doncaster means that we can come out of the CVA without any debt, therefore he sees that as getting an advantage over clubs that have debt. My counter-argument to that is that if clubs are running with debt, they are just about as guilty as we were for running our clubs beyond our means. Instead of pushing the argument that Rangers can get a hypothetical advantage, he should be ensuring other clubs also do not spend more than they bring in, therefore creating a level playing field.

Its a well-worn and successful strategy employed by celtic over the last few years which has enabled them to get fantastic prices for average players. McGeady was the latest in a long line that went for way above their value after weeks of speculation in the press about who was interested in him, and the prices that would have to be paid to get him. It is a quite brilliant piece of media manipulation by them and one i dont mind saying im pretty jealous of. Contrast that to our treatment where they have continually tried to undervalue our players in comparison and you will see a small example of how important a role our gutter press play and how they have to be brought into line and parity ensured, as it actually costs our club millions of pounds.

CG stated at the fans meeting last week that "before Friday 25th" the letter would go out. I've got it in my notes from the meeting.

Like others, it is easy to see he was never part of the consortium anyway, just an interested party that MIGHT have invested some cash post-takeover. Obviously, anything in the Rhebel needs taken with a huge dose of salt, but seeing as they have put quotes round it, I will take it at face value and declare that I would be very very worried if Green is even contemplating allowing some investors to put up transfer funds and get a cut of future profits on the sale of such player in return. Apart from sharing CG's concerns about it being illegal, it is also very worrying from the stance that selling on players for big profits is essential for a club like ours to be able to do if we had a season without European money. The evidence is very clear that this is the tims business model, and while it has not worked this year for them as they couldnt convince anyone to buy any of their duds for big money this year, it has been very good to them the last few years in balancing their books whilst running the day to day affairs of the club at a big loss.

What a piece of shit-stirring from the Herald. Did a weekend with the cup final, CL final, and tons more big sporting stories not give them enough to write about. Or was it that they dont want the negative Rangers stories to ease up. There is absolutely nothing new in that piece whatsoever, and to think this paper used to be the leading "news"paper in Scotland. How standards have slipped.

If it's being reported on BBC Scotland and they are not saying outright that it's a Rangers fan, you can bet that it is not a Rangers fan at all. Plenty previous to back this argument up.

A bit late notice but anyone willing and able to help out as a steward at the sponsored walk should please turn up at the ticket office at 11am. I'm told we still need about 20 or so volunteers.

What's wrong with wearing a club tie. You can buy them from the club shop every year, and I proudly wore my 10/11 club tie at the Barca bears dinner on Friday night.

The signing embargo wont affect a newco. However a newco would be unable to play in Europe as you need 3 years accounts before you can play in either the CL or EL. A newco of course would not meet this criteria for 3 full seasons, perhaps 4 depending on the timescales. This has always been my main problem with a newco route. Not the history, player registrations etc as all these are covered legally and to our satisfaction. It is the lack of Euro involvement (and cash) that will see this club on its knees for many years. Saving the existing company through a CVA is the only way to achieve a Euro licence. The history is our history and will forever be our history. Nobody can take that away if we dont let them. A newco would be able to assume our identity and history in a sporting sense, not a company formation sense. The players would all be moved automatically to the newco under TUPE legislation, as it does with every other business in the country that is bought over as a going concern. There is no way football is an exception to the laws of the land in this case. Employment law is very clear in such matters.

nope, sorry. Will no doubt find out tonight. If you recall Regan had asked to see Green on thursday/friday to quiz him on his consortium, so it could be that. Or it course it could be Green going in all guns blazing telling him that he remembers what a dick he was at Yorkshire and that he obviously hasnt changed since getting the boot from there, and that he is going to ensure he gets the boot from the SFA as he is an incompetant tosser who obviously has the same leanings as his brother.

Its not an emergency RFFF meeting tonight, but there is a meeting between fans reps and Mr Green to discuss all issues regarding the takeover. I imagine last nights kangaroo court verdict will be high on the agenda, although it is important to stress that this was arranged before last nights events. I understand Gersnet will be represented at the meeting.

Utterly astonishing from Leggo. Nurse!

This is an absolute disgrace, and bears no resemblance to the facts of the events at our club over the last year. Lets not forget this was not a trial where verbal evidence was gathered in front of the jury and both prosecutor and defence got the chance to ask questions to get to the truth. This was an SFA stitch-up, with interviews with former officials that the former officials now say have been inaccurately presented. The evidence was not presented in a balanced way to the original 3 man panel, hand-picked by those who were bringing the case to them. It was slanted in such a way as that the only verdict was guilty (lets not forget Regan told us we were guilty even before the panel had sat!). This should be the dictionary definition of a kangaroo court and our club must have the integrity and the muscle to take these scumbags on all the way through both the sporting and civil courts. I expect nothing less as a fan of our club. Some comments that are saying it is a fair cop are beyond belief. One man and one man alone is responsible for the club not paying HMRC and accumulating debt which took us into administration. There were no other Directors to blow the whistle on him. The former Directors told everyone that would listen what they knew and were ignored. The SFA knew about it in October last year (when the VAT was up to date and the PAYE was only 1 payment behind) and did nothing. 140 years of unblemished history goes for nothing with this shower of scum. Make no mistake they are out to try to severely damage us, not kill us, for the benefit of only one club, and big questions now need to be asked about the cabal in the SFA that is offended by the very word Rangers. An immediate call for a vote of no confidence in Regan should be an obvious starter. This cancer has to be ripped out of our game. On one hand Lennon gets sent off at an OF game yet again, gets found guilty of the offence, has loads of previous convictions despite only being a manager for a couple of years, and gets a sentence of no further punishment. The lunatics have taken over the asylum and they have an agenda pinned to the wall for all to see.

I dont personally.

I dont think anyone would argue with that choice either.