BEARGER

Sad but true.

Correct, had plenty of snide remarks while handing out SOS, UOF & RST leaflets. I've said it afore we have fellow fans who are not the brightest, a minority I'm sure but still a problem for the future. Jeez we have people who were still supporting Llambias & Leach right to the end, just like those who supported Whyte to the end, just like those who supported Green to the end.

Somers has sold all of his shareholding. Wonder who to? 61,186 shares, 0.08% of issued shares.

No shit Sherlock

:laugh::laugh::laugh: Very true.

He comes late to the fight IMO.

Roddy Forsyth By Roddy Forsyth6:42PM GMT 01 Mar 2015CommentsComment Dave King has won his battle for control of Rangers - a victory that will be confirmed by the resignation of the Ibrox plc chairman, David Somers, Telegraph Sport can exclusively reveal. Somers’ departure is expected to be announced to the Stock Exchange on Monday. The deadline for proxy votes to be received falls on Wednesday morning, but the beleaguered Rangers plc board has accepted that King - himself a former Ibrox director - will be in charge after Friday’s extraordinary general meeting and will install his allies, Paul Murray and John Gilligan, as directors. Both sides have crunched the voting numbers and have arrived at the conclusion that his victory is inevitable, raising the question of whether or not there will be any need for the meeting to go ahead. It is thought that Somers’ decision to get out ahead of the EGM is motivated by a desire to avoid another public humiliation like that witnessed at Rangers’ AGM at Ibrox in December, when he lost control of the proceedings in the face of barracking by angry shareholders. He became further discredited in the eyes of the Rangers support when an email leaked to Telegraph Sport revealed that Somers had pleaded with a representative of Mike Ashley to ensure that the Newcastle United owner would provide the cash flow necessary to repel King’s previous takeover attempt in October. In the email, Somers declared that he would not survive as chairman – nor would James Easdale, his fellow plc director. In the event, Easdale resigned last Wednesday, stating that, even if board were to win the EGM vote – King's motions call for the removal of the directors – it would be “a hollow victory”. However, the two remaining plc directors – Derek Llambias, Rangers’ chief executive, and Barry Leach, director of finance, are not expected to tender their resignations. Somers, Llambias, Leach, James Easdale and his brother, Sandy Easdale, are also directors of The Rangers Football Club Ltd, with Sandy Easdale the chairman. Attention will now focus on questions such as who will be in charge of the day-to-day operations at Ibrox. Llambias and Leach have been the target of fans' opprobrium, but they have the support of Ashley, who used his funding deals to secure considerable control over Rangers’ cash flow and assets and the pair have reduced overheads and losses, which would have seen the club placed into administration again, had it not been for the financial input of the Sports Direct magnate. One obstacle to an entente – quite apart from the fans’ view of any continued role for either Llambias or Leach - is the rancour which has attended the battle for control of the crisis-torn club. King’s prolonged struggle with the South African Revenue Service – in which he was described by a judge as “a glib and shameless liar” – was raised repeatedly by the plc board and was also highlighted in the defence of its position issued to the London Stock Exchange. SARS, though, has confirmed to Telegraph Sport that it has imposed no restriction on King acting as a company director and pointed out that the South African Companies Act is identical to its UK equivalent. King and his allies, including the Three Bears consortium – wealthy supporters Douglas Park, George Letham and George Taylor – have returned fire in kind, particularly when Rangers Fans Board published an unauthorised minute of a meeting earlier this month. The minute quoted Leach as saying that the Three bears “s--- themselves” when they thought that their £10 million takeover attempt might be accepted by the board. Llambias subsequently disbanded the Fans Board and last week threatened its members with legal action unless they removed the Board’s Facebook page. Either way, King and his cohorts must now address in detail how to meet the club’s financial requirements for the next two years, which are likely to approach £30 million, even if Rangers achieve promotion to the Scottish Premiership. That prospect is very far from a certainty, given the club’s stumbling performances under caretaker manager, Kenny McDowall, who has made it clear that he has no desire to remain in the role a moment longer than necessary. One immediate effect of King’s triumph will be the swelling of crowds at Ibrox as disaffected fans return to the fold, with a consequent improvement of cash flow. There have been so many false dawns at Ibrox since Rangers went into administration under the Craig Whyte regime in February 2012 that it would be premature to hail this development as the beginning of the end of tumult. But, as was observed during another protracted conflict – it is, perhaps, the end of the beginning.

Yes great news. Just been told that the chuckle brothers will proxy to the good guys, can this be true ?

Post is about 17th on page one. Have a look at notes at end, contradicts what I've said. Assume the RST are accurate.

@RangersFCTrust: Mather owns 450,000 shares which is around 0.55%

FORMER Rangers chief executive Craig Mather has thrown his support behind the Rangers requisitioners — confirming he will back Dave King in Friday’s EGM. Mather was brought to the table by Charles Green in May 2012, but having met with the Rangers Supporters Trust he is now behind those pushing for boardroom change.

Don't suppose this changes the actual voting figures?

Petition started by a guy named Euan Hunter, seems to be happy it's made the papers. Euan Hunter just posted an update on the petition you signed, Nicola Sturgeon: Ban the Sectarian use of the word "Hun" as sang in "Go Home Ya Huns". We've made The Herald Feb 27, 2015 — Rangers fans to lobby First Minister for a ban on the use of 'hun... Read mor

Notice of Twitterland that "Rangers Pride" are slagging the UOF for this statement. Excuse my ignorance but who are Rangers Pride?

A clique with over 1.7M shares and will have 4.5% of all shares at EGM. Also any fans rep on the board should be elected not selected.

I was kidding ( I know weird sense of humour). Thought the number 1125 may have given it away;)

I was kidding ( I know weird sense of humour). Thought the number 1125 may have given it away;)

I do not know Chris Graham or his background but believe he has spoken well when appearing on TV or quoted in the press. To my knowledge the RST have always said that any candidate they would put up for the board would be a experienced businessman, I don't know if Chris Graham comes into that category. I would certainly hope that any fans rep in any of the fans groups who stood for election to the board had not been a supporter of Llambias and his cronies.

No problems today.

Hearing elsewhere that one of Easdales proxies has gone over to 3B. Not sold just given them the proxy foe EGM, James Easdale??!!!

Like others when I see "server is busy" I immediately think some big news has broken! One idea would be that when the "server is busy" message is required the forum should be shut off to all those with less than a certain number of posts, say 1125.

Anyone else getting a message "server too busy..." when trying to logon over the last couple of days?

Good piont! It is now at 1619 yet I have received over 30'confirmations through Twitter that peole have signed after my Tweet. Nae idea how these things work.

1601 signed so far.

Club have sent letters to share holders whose shares are held in nominee accounts. Must be worried if they have trawled through these accounts?