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Tannochsidebear

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Everything posted by Tannochsidebear

  1. The thing is, even if Adam has no proof whatsoever of this, it has already been enough for the mhedia to force the SFA/SPL into another enquiry and more reams of paper wasted covering the (non) story. If he had evidence he would have come out with it in 2002 when he slaughtered Murray in the press after resigning. I fully agreed with Adam at that time, and if he had suggested (and proven) this at that time, the last decade could have been very different for our club. It stinks of sour grapes now and he has provided absolutely no foundation whatsoever. It might be true, and lets face it, it does reek of Murray's type of actions, but Murray is also clever enough to ensure there are no bodies to find.
  2. This is quite bloody simple and I have to ask why some people are muddying the waters here. The SaveRangers campaign was launched to provide Paul Murray with an indication of how much could be raised in a share issue post-takeover to try to get him get his sums right. A survey, nothing more. The RFFF is to raise funds for Rangers to stay in business while the bidders and administrators sort out the mess and do a deal. It has the backing of the RSC's and the 3 main fans groups. This is the here and now and the only vehicle for Rangers supporters to help their club out at this time. If no Rangers fans put into this fund, the challenge to keept he club going until a buyer's deal is concluded is going to be very difficult indeed, even with the players wage cuts. Of course you get nothing for your donation other than the small matter of keeping the club we love in business, if that matters to anyone. I simply cannot understand anyone who says they will wait until they can get a share certificate to put up on the wall before they are willing to dig deep for The Rangers. The message should be put out loud and clear. Put your money into the RFFF as soon as you can. Forget all about the Save Rangers campaign and any potential share issues, as at the moment they are but one consortium's pipedream. Attend your local fundraisers when announced. Buy raffle tickets etc and lets try to get as much money as we can into the pot as we can to ensure not only our survival, but that something tangible can come out of it for all of us collectively, not individually.
  3. My understanding was that the £1000 could be paid up over anything up to 24 months, making it £10 per week. You can obviously buy as many of the tier 1 shares at £1k a pop, or buy a tier 2 share at £100K, or a tier 3 share at £500K (was supposed to be £1M but that seems to have changed in the last couple of weeks!). So if you/your RSC RSC had a spare £5K to put in, it would be as 5 x Tier 1 shares. Obviously all this is purely hypothetical, and dependant on not only us getting out of Admin, but the BK being the successful bidders. I would prefer people put their money in NOW for no reward than wait to get something for their money. Are we seriously suggesting that Bears will not put money in to help the club in its darkest days because there is nothing to shove on the wall in recognition?
  4. No idea at all im afraid. Just the word back from those close to the heart of things. The singapore mob was the least known of all interested parties, but it was confirmed that they had already spent a 6 figure sum and hired a top accy firm to do the background work for them. Not many people/businesses will pump 100K+ into a project if they had no intention of proceeding.
  5. The adminstrators have been quite clear that in their opinion it can only be Whyte they have an issue with, and not the club.
  6. I agree that there is doubt over the merits of putting money in without getting tickets or shares etc for it, and this is something I have argued for over the apst month. However as true as it is that the reports from fans of clubs in administration would tell you not to do it, I think in our case with the very complex ownership/creditor aspect, it is better we look at the present and worry about the future once we ensure that we have one!
  7. It was stated at the meeting as true by Jim Hannah who had been given information about it. The Scottish Branch of the ASC had emailed other ASC branches with the story about us bailing out Arsenal about 100 years ago to stop them going bust, and given our historic friendship (the loving cup etc) they had asked if any Arsenal branch would consider making a donation to RFC.
  8. I would agree that a £1.8M shortfall over 3 months is not what I would call stable either! However, take everybody's spin out of it and who knows. Essentially though Frankie, this will be an appeal to the hearts of Rangers supporters who have been in touch with the fans groups, and the club itself, wanting to put some money into the club to save it. I heard a story that a wee old pensioner woman turned up at the ticket office on Friday and wanted to give them £1000 in cash there and then and set up a DD for £100 per month to help the club, because her late husband was a true blue and that is what he would have wanted to do. Another story is that ORSA have been collecting money from members since administration and have commitments to raise more money between now and the end of the season and were just waiting for an appeal such as this to be started so they can send it over. Honestly, the stories flooding in from all over the world about Bears wanting to help are very touching, and with the launch tomorrow of the Fighting Fund, I can see a very substantial sum being raised in a very short time. My own RSC had an emergency meeting yesterday and has pledged a significant 4 figure sum to be paid in on launch day tomorrow. I believe this will be replicated all over the world and while sums will vary, the significance of what a support we have will soon become clear.
  9. My understanding is that the Ticketus deal can easily be null and voided from RFC POV as it does not bear up to scrutiny. 2 Senior officials from Octopus were up last week to discuss their position and left very depressed and amazed that their Company done such a bad deal and I believe an investigation is now underway internally. IMO the BK only want ticketus on board for cash, certainly not for ticket selling expertise or to do the "right thing" by them. They got sucked in by Whyte for £24M, tough titties, take it up with him and leave us alone.
  10. The admin just reiterated that they had enough money to not have to enforce redundancies, not that they had covered the £3.6M shortfall from what I recall. The £1.8M figure came from the meeting, so im assuming it will be mentioned at the launch. I think this will see the Rangers support really come through, and it is not all needed in the first week of course.
  11. I dont see what's harsh about it, just the facts. DF has been a great asset to the setting up of this group, as he had been with other fans groups over the last couple of years, and has always offered fantastic advice FOC to them. I was merely replying that he could not have an official involvement with us as he is already involved as Chairman of another club. If it came across as having a go at DF, that was the opposite of the intention, I assure you.
  12. Sorry, its not been published, but I have seen the details and heard the reasoning behind the topics. Personally, I dont see why they dont go ahead and publish it, as most of it is very good and should appeal to the fans, other than the fact that there are other bidders who may gazump them should they put their cards on the table publicly. I much prefer their ideas to their members!
  13. Sorry, but he is not returning. He is currently chairman of his home town team, Cowdenbeath, and will have no official role at the club. He has actually just been available to the guys in the Fighting Fund Committee to run legal stufgf past, and he has offered to do so FOC in the future also. He wont be on the comittee or have any part of it, just a helpful friend so to speak.
  14. We are rightly impatient, our club is dying in front of our eyes. The BK didnt have to go public at all, just like other bidders have done, and they can surely be viewed, rightly or wrongly remains to be seen, as all talk and little action. I am very impressed with their "manifesto" if you can call it that, and I would love that type of management at the club, so I am not against them taking over the club per se, but I am getting increasingly worried that they dont have the cash necessary and are resulting to more desperate measures to try to save their bid, which ultimately might not be the best thing for our club going forward.
  15. It would seem his initial discussions with some potential investors were just that, talk. When it has come to walking the walk, his consortium has come up well short of serious players for reasons unknown, hence the Ticketus deal.
  16. Regarding Jardine, I know a lot of bears will agree with your sentiments, as I do myself. However I have it on very good authority that he has actually stood up and been counted big time since Administration, and without Russell and Smith there, he has effectively been the club rep when dealing with other clubs on matchdays. He has been very helpful to Ally and has been a conduit between the admin and a lot of the staff. I know of at least 2 very prominent bears who swore they would never have any dealings with Jardine again but have admitted to a change of heart over the last couple of weeks. He will be heavily involved in the Fighting Fund and has been the driving force behind it really and has done the most work with the administrators to get it approved. Not what I expected to hear about him, and he has a long way to go to convince me completely, but everyone can show their true colours in time of adversity, and it just may be that Jardine is stepping up when our club need him the most. Just Maybe!
  17. There was no mention of this issue at the meeting. I am not entirely sure how that would play out. As we are paying bills on behalf of the club, I would imagine it would be counted as income to the club, but not sure if output VAT would have to be accounted for. I will ask one of the committee to look into this.
  18. I think the announcement of the Ticketus involvement, together with the fact that only 4 have signed up, means that the Blue Knoghts campaign to buy the club is seriously flawed. It was promised to leading fans reps that Paul Murray had between 15-20 millionaires on board with each putting in at least £1M to get the thing up and running, and then a serious share issue and expanded board would be done in the coming season. As this was over 2 weeks ago and they are now admitting they only have 4 members, and that their richest member (King) has withdrawn, it is now clear to see why they jumped into bed with Ticketus, which serves both of them well, but I would argue does not serve the club well. It is generally accepted that Ticketus are in a very bad spot and stand to lose their entire £24M in this deal, so it is easy to see why they would want to do a deal. As For Murray, the only reason to jump in with them is to try to keep his dream of ownership alive. A last resort of a desperate man in my book. As for other contenders, Brian Kennedy looks to be the front-runner, and it is rumoured that Coisty has spent a lot of time with him in the last week to go over his ideas for the club. A Singapore group is also rumoured to be serious players, and have sepnt a six figure sum already on doing their homework for the deal. As for us the fans, all we can do is get behind the Fighting Fund, buy tickets for our remaining league and friendly matches, buy the scarves, support your local RSC fundraisers which will all be happening soon, and get behind the Manager and team.
  19. The Fund will only be paying certain bills on behalf of the club. No Administrators fees or legal fees. Only bills incurred from Feb 14 will be paid. Therefore the money is safeguarded from Creditor attack. The money doesnt belong to the club, it belongs to the fans, so any creditor of the club has no claim to it.
  20. The entire £3.6M shortfall between now and the end of the seasson has not been entirely met by player wage cuts. The player wage cuts ensured no redundancies between now and the end of the season, it did not fill the whole gap. It is understood there will still be around a £1.8M shortage, and this will be the first aim of the Fund.
  21. There was no confirmation that the JJB and Azure contracts were being ripped up. As I posted on Feb 15 (not sure if here or elsewhere), the company administrators have the power to cancel any existing contracts in operation at the club IF they deem it not to be in the best interests of the business going forward. Nothing has changed in this regard, and the admin have not made any decision on this yet.
  22. Agreed, and it is def the first and def not the second.
  23. I would agree that there were a lot of valid questions about black holes etc, and the historical lessons from other clubs in similar positions that just chucking money in doesn't ultimately help, and while this wasn't addressed in full, I am happy with the businessmen and rangers men involved in this and the protections and transparency promised.
  24. There are two big differences between the saverangers scheme and the rangers fans fighting fund. One is that one is a pledge, the other is cash now. Two is that with saverangers any donations will be for shares, with the RFFF the donations are to save the club, not for investment.
  25. All will become clear at the official launch either tomorrow or Tuesday.
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