Steve1872

Rangers' SFA talks to continue Last Updated: July 17 2012, 20:08 BST Sevco Scotland will continue attempts to assume Rangers' membership of the Scottish Football Association at home and abroad following talks on Tuesday.

Rangers vs Airdrie So apparently we are 2-0 up at half time, least we're getting some game time. Team is Neil Alexander Darren Cole Kirk Broadfoot Chris Hegarty Lee Wallace Andy Mitchell Kyle Hutton Lewis MacLeod Robbie Crawford Alejandro Bedoya Lee McCulloch 2-1 final score

2-1 final score

@Durrantyjr How did robbie crawford play? Expand Reply Retweet Favorite 4mMax Durrant‏@Durrantyjr @ChrisLove93 he was my man of the match

rangers 2 airdrie 1 pen

playing at murray park

twitter link please

John Brown has claimed he has the support of former Rangers captain Barry Ferguson in his bid to help supporters gain control of the Ibrox club. Brown, who coached Ferguson in the midfielderâ??s early days at Ibrox, has been talking to the Blackpool player in recent days about his ongoing plans to front a consortium to buy out Sevco Scotland. Brown, a key member of Rangersâ?? nine-in-a-row team in the 1990s, said: â??I have spoken to Barry and he has promised me that he is 100% behind me. â??He is out of the country just now on a pre-season training trip, but there is no doubting his commitment and his enthusiasm for my deal. â??Because of his pre-season training and playing commitments it will be a couple of weeks or so before we will be able to sit down together and hammer out the details. â??But I can assure everyone how excited Barry is to be given this opportunity to do something for the club he loves.â? Brown, who gave up his job as an Ibrox scout to lead takeover attempts after Charles Greenâ??s company bought Rangersâ?? assets for £5.5million, is putting in £40,000 of his own money to kick off the fansâ?? fund. He said: â??It is only right that as I have been out in the front of this, I should put my own money in too. Iâ??m not a wealthy guy and £40,000 represents a huge commitment for me. â??But if it helps Rangers supporters to see how serious this fansâ?? buy out plan that I have is, then it will be money well spent. â??Getting Barry on board at this early stage is a huge boost for our plans and I believe that he is just the first of many other well known names from Rangersâ?? past who will be happy to back this commitment to the clubâ??s future. â??I will be speaking to other famous names from Rangers past in the next day or two and asking for their commitment and Iâ??m confident that now they know Barry Ferguson is on board, they will all want to join the Rangers for Change movement. â??One of the reasons why Barry was so keen to give me his 100% commitment is that he came right through the ranks at Ibrox to go on to become captain and he is upset at seeing the same dreams he had and which so many of the youngsters at Ibrox have also had, being destroyed by what has happened to the club.â? Brownâ??s next move will be to set up a bank account which supporters can put their cash into to help the takeover plans. He added: â??I have meetings with bankers and lawyers arranged for the next two days and believe that by the end of the week I will be able to release further details of how Rangers For Change will work.â? http://www.breakingnews.ie/sport/brown-claims-ferguson-backing-for-rangers-takeover-559561.html

Grant Russell‏@STVGrant Both UEFA & FIFA tell STV they did not have scheduled meetings with Charles Green today. Could be a misunderstanding, but that's our info.

Meeting between #SFA and #Rangers board continues at Hampden. They've now been talking for 4 hours.

http://ssm.uk.com/management/#craig-mather Craig Mather here

2012-07-17NEW TWIST IN RANGERS FOOTBALL CLUB: DI STEFANO CALLS IN THE FBI By Caroline Bayford Giovanni Di Stefano a minority shareholder in The Rangers Football Club PLC yesterday delivered a letter to New York District Attorney Cyrus Vance Jr requesting a criminal complaint against a number or individuals and organisations complicit in what he described as a â??massive fraudâ? on the club. Yesterday The Sun newspaper ran the story of Di Stefano allegations in a letter that we published addressed to Duff & Phelps. â??Duff & Phelps did their best to avoid receipt of my letter which infuriated me because as a shareholder I am entitled to answers. I then contacted the Office of Cyrus Vance Jr and filed a formal complaint because there are shareholders in America and D&P are a US company,â? said Di Stefano. Yesterday the SPL â??invitedâ?? Di Stefanoâ??s old club Dundee FC to the Scottish Premier League and confirmed that they would work with the Scottish Football Association to revamp Scottish Football. But Di Stefano was critical of the way that events are shaped to destroy Rangers Football Club. â??Destroy the club and you partly destroy the evidence of blatant fraud,â? he said. Di Stefano has stated that it is still not too late to mitigate the damages caused to the 1872 club that founded Scottish Football. â??The way ahead is to admit Rangers and Dunfermline to the SPL so that the least damages are caused and then investigate in a proper manner what happened. Itâ??s no use pardoning Rangers when they have been executed. We donâ??t want a Chilcot situation of having an enquiry ten years after the horse has well and truly bolted and probably ended up as corned beef already,â? said Di Stefano. We publish the full text of the letter to Cyrus Vance Jr the New York tough District Attorney. Mr Cyrus R. Vance Jr Office of the District Attorney New York Count One Hogan Place New York N.Y. USA BY URGENT FAX: +12123354390 16th July 2012 Dear Cyrus THE RANGERS FOOTBALL CLUB PLC/DUFF & PHELPS I attach a copy of a letter I have today sent to Mike Dolan at Duff & Phelps in New York regarding specific allegations involving the above public company in England of which I am a shareholder. You will note that the clear and precise allegations are one of fraud and the manner upon which an esteemed firm placed itself in a position of trust and obtained substantial benefits. I have to say that Lord Hodge at the Court of Sessions in Edinburgh also expressed concerns at the â??conflict of interestâ?? issues but as per my investigation the matter is far deeper rooted. The corruption and mannerism upon which many seek to annihilate Rangers Football Club so quickly leaves an odour of something extremely suspicious. I can only but cite your words in the Kenneth Starr case who as you know I advised to plead guilty â??Kenneth Starr systematically defrauded his friends, family, and business associates out of tens of millions of dollars through phony deals, repeatedly abusing the trust of those who believed he was an upstanding businessman.â? This case is facsimile in that Duff & Phelps were first and foremost the advisors to Craig Whyte and even assisted him with the formation of certain companies, used monies from the company for substantial professional fees, and used their position of trust to ultimately become the Administrators thus ensuring that they were in a position to erase any traces of fraud. Whilst in the Kenneth Starr case the fraud was perpetrated on wealthy individuals, which certainly was a mitigating factor (but not excusing factor) in this case many small time investors in the company have been clearly defrauded. Whilst there is indeed I am told a police enquiry by the Strathclyde Police in Scotland I hold little confidence that those truly responsible will ultimately pay the price for their alleged crimes. The United States of America hold jurisdiction (a) because Duff & Phelps are registered in your County and more important there are fellow company shareholders that are resident in the US whose shares are now worthless. I am thus asking that you treat this letter as a formal initiation of a complaint of fraud and that if necessary, and I am aware of your capabilities, leave no stone unturned including seeking extradition warrants from those responsible for this on day to day people and supporters of a club that has been in existence since 1872 as an association and 1899 as a corporate body. If you need copies of my documents and social security number to log the criminal complaint please let me know and I will send by return. I look forward to hearing from you. Best regards The Manhattan DA received the complaint just after 3pm yesterday. The son of the Secretary of State under the Carter Administration he is known for his tough stance of white collar crime and has considerable experience in criminal trials. Duff & Phelps were unavailable for comment. Giovanni

Uefa shelves proposals to impose a transfer ban on clubs that breach its financial fair-play rules Uefa has shelved proposals to impose a transfer ban on clubs that breach its financial fair-play rules amid concerns that its planned penalties will be legally unenforceable, or face challenges from individual players. The European governing body confirmed on Tuesday that transfer embargo proposals, which had the support of leading clubs including Inter Milan and Arsenal, have been dropped because they were unenforceable. Control over player registrations lies with national associations and Fifa, not Uefa. The move is a blow to Uefa’s prospects of producing a credible series of penalties short of the ultimate sanction of expelling teams from European competition. Uefa intends to set out a sliding scale of proposed penalties for breaches of the rules in January, ahead of final ratification at its congress in March. Punishments will range from suspended fines, fines, to expulsion, but many of the alternatives under consideration are legally fraught. Nyon is actively considering variations on the transfer embargo theme, including banning players whose signings contributed to clubs spending exceeding income, or limiting squad sizes, but these could face legal challenge from individual players. Lawyers have advised that Uefa could be open to restraint-of-trade suits from players excluded from the competition. They could argue that they legitimately joined a club only because of the prospect of Champions League football, and now find themselves barred. The issue has gained momentum in Europe in the last week following Manchester City’s revelation that they recorded a £195 million loss last season. The FFP rules require clubs to lose no more than £38 million over the next three seasons including this one, a goal City are certain to miss even if they meet their target of reducing losses to less than £100 million this season. The credibility of FFP will rest on Uefa’s ability to establishing meaningful penalties, with fines by definition unlikely to deter clubs like City backed by billionaire owners. The withholding of prize money meanwhile will have the consequence of increasing the gap between income and earnings. City have had a front-row seat in the discussions over penalties with finance director Graham Wallace a member of the European Club Association panel that has been liaising with Uefa on the issue and last met in September. They have also been lobbying hard to convince Uefa that the City investment is not just a vanity project by Sheikh Mansour bin Zayed al-Nahyan, but carries community benefits as well. Andrea Traverso, Uefa’s head of club licensing who is driving the regulations, has visited Etihad Stadium as City’s guest to see the plans to develop an academy campus and regenerate the local area. Uefa general secretary Gianni Infantino has also been invited for the tour, with City believing that they can make a strong case for the community benefits of Abu Dhabi’s largesse even if, as seems likely, they miss the break-even targets by a distance. http://www.telegraph.co.uk/sport/football/european/8908065/Uefa-shelves-proposals-to-impose-a-transfer-ban-on-clubs-that-breach-its-financial-fair-play-rules.html#disqus_thread

UEFA shelves Transfer Ban punishment Posted by Ed Thompson on Sunday, April 15, 2012 UEFA shelves Transfer Ban punishment 24 November 2011 The Telegraph published a significant FFP article which maintains that UEFA have had to withdraw one of the proposed punishments for exceeding the Break Even deficit. The use of a transfer ban was put forward as a favoured punishment at the ECA in September (see article below). However it appears such a ban would fail the EC's restraint-of-trade rules. This seemingly leaves UEFA with only three options: 1.Levy fines as a punishment (however the irony of being able to buy your way out of the Financial Fair Play requirements will not be lost on many UEFA members). 2.Defer FFP until after Blatter retires from FIFA in 2015 and is replaced by Platini. 3.Impose UEFA competition bans on the worst FFP transgressors Of the three options, UEFA may decide to defer FFP implementation and punishment, citing the Eurozone/recession problems as the reason behind the delay. http://www.financialfairplay.co.uk/latest-news/uefa-shelves-transfer-ban-punishment

Scottish Premier League chief executive Neil Doncaster is unable to provide clarity on the prospect of £15.7m being lost through commercial contracts. The top flight warned they faced losing TV deals with Sky, ESPN and SPORTFIVE if Rangers were not voted into the First Division. SFL clubs decided to send the newco to Division Three, meaning the Ibrox side will not participate in the top flight for at least three seasons. The threat of a "slow, lingering death" for Scottish football, as forecasted by Scottish FA chief Stewart Regan, is yet to come to pass. Doncaster says discussions with commercial partners will continue over the coming weeks with a view to a solution. In his interview with STV's Gordon Chree, Doncaster also laughs off calls for him to resign and says any decision on whether he should remain in his post lies with the league's 12 member clubs.

http://sport.stv.tv/football/clubs/rangers/111130-full-video-interview-spl-chief-neil-doncaster-on-rangers-and-his-future/?utm_source=twitterfeed&utm_medium=twitter "Existing Club New company" ND

GIOVANNI DI STEFANO‏@DEVILSADVOKAT "AT 15.36 today at the District Attorney Office, One Hogan Place, NY I have filed by written statement a criminal complaint against a number of people who have defrauded RFC PLC and its shareholders myself included. Since some shareholders reside also in the US and Duff & Phelps are also in the US the County of New York District Attorney hold jurisdiction. I have asked the DA to use all his investigative powers including but not limited even to extradition of those responsible. I will publish tomorrow the letter of complaint. I will also as a .. shareholder institute civil proceedings for the recovery of monies due to the company. Whilst the system may facilitate overlooking this massive crime in this jurisdiction rest assured that the US has no holds on prosecuting anyone regardless of whether they hold the office of President or pawn." GIOVANNI DI STEFANO

Overseas Strategy – Building on Rangers Global Appeal Rangers Football Club is a Scottish Club which has an influence that stretches across the Globe. Strategy is focused on -Regions with significant existing brand presence – North America & Oceania -Regions with high growth potential – Asia, Middle East & Far East 4 key strategic levers -Football -Social Responsibility -Media -Fans Current Situation - 13 May 2012: Charles Green agrees exclusivity -Rangers FC avoids liquidation via CVA subject to creditor’s approving £8.5m offer - Main benefits: - Players contracts remain in place - Other significant sanctions avoided, such as a 3 year ban from Europe - History and tradition of the club is maintained - Personal up front commitments from consortium, £8.5m required to fund CVA - Raising up to £30m to fund working capital and development - Funding to be in place by May 24th -Charles Green draws together first class management team and Board - Complementary investment team appointed to help direct the Club’s strategic growth Current Balance Sheet - All creditors to be wiped clear on consideration of £8.5m save for £3m being owed to other football clubs - Brought forward tax losses of £40m to remain in place subject to HMRC approval - A Property portfolio of £113,303,174 (source: Rangers plc 2011 accounts) - Season ticket advances due by the end of 2012 of £15m - Player book value £8.8m (source: as above) - On a £30m fund raise a net £20m will be surplus cash on balance sheet 3 Year Historic P&L £’000s 2011 2010 2009 Turnover 57.183 56,287 39,704 Net Operating Expenses (47,525) (43,856) (48,231) Trading profit/(loss) 9,658 12,431 (8,527) Amortisation of Player Registrations (8,412) (7,339) (8,798) Operating Profit/(loss) 1,246 5,092 (17,325) Gain on Disposal of Player Registration 4,202 512 6,171 Profit/(loss) before interest and taxation 2,178 5,604 (11,733) Profit/(loss) for the Year 76 4,209 (12,651) Basic and diluted EPS (p) 0.07 3.87 (11.63) Key Operational Changes to be Made by New Management - Use industry contacts to ensure playing squad is improved - Enhance shirt advertising contract - Enhance general advertising contracts - Improve RFC image and commerciality within Asia and Far East - Greater financial control and corporate governance Investment Case - First Class management team in place with proven track record - Positive balance sheet with surplus cash - Predictable revenues and costs - Underdeveloped IP, especially in Asia - Potential enhancement to commercial contracts -Replica strips - Advertising - Stadium branding - Potential of cornerstone investors (outside board) to help unlock squad replenishment opportunities - Broad, quality core shareholder base to build value - Liquidity in shares to return with Aim listing in Q3 / Q4 - Rangers FC is a trophy asset with tremendous legacy and brand loyalty - Fans are behind deal structure – a reinforced sense of belonging - Favourable odds of European football Timetable - 1st Closing: 24th May - 2nd Closing: 1st June -3rd Closing: 6th June - 4th Closing: 6th July - The intention is to float on AIM Q3/Q4 2012 Specific Deal Structure - New investors invited to participate at a pre new money valuation of £10,000,000 in Sevco 5088 Limited - Investors will secure an 85% shareholding of Rangers Football Club plc and a waiver of a secured debenture over the club’s property assets - Remaining 15% shareholders comprising 26,000 shareholders/fans will receive a warrant to subscribe for shares on a pro rata basis with the new holding company. - Founding investors who put up the first £10,000,000 will receive 10,000,000 additional shares at a value of £1 per share on a pro rata basis effectively doubling their contributions - Charles Green being incentivised by 10% of the enlarged share capital of the holding company post completion -Sevco will function as the holding company and Rangers plc will be the operating company going forward Alternative Deal Structure - In the very unlikely event a CVA is not agreed by creditors, the holding company will buy the same assets from Rangers plc for £5.5m - Rangers would potentially be precluded from European competition for up to 3 years -Advantages to alternative scenario: - Salaries could be reduced by c. £7m as there would be less requirement to retain star players -Anticipated pre tax profits of £2m every year for the next 3 years - Less pressure on working capital Summary - A fresh start for Rangers FC - Management to unlock full potential of RFC - Fans onside, supportive and enfranchised - Significant investment upside from clear commercial strategy - In the event CVA is not agreed, alternative plan in place to keep the club running

Brand Reach 530m potential TV audience -Saturated media coverage in both broadcasting and written press - £6m media value to the sponsor -Over 10m cumulative domestic audience -Old Firm Derbies generated over 6.1m viewers in season 10/11 -6th largest club website in the UK – Man Utd, Chelsea, Liverpool, Arsenal and Premierleague.com -Rangers own the online media rights and broadcast games overseas -Worldwide soccer schools in 14 countries, with 1.5m attendees per season -275,000 community attendees per year, 6,500 per week -Rangers matches broadcast in over 100 countries by 50 channels worldwide

1 European Cup Winners‘ Cup Winners 1972; Runners-up 1961, 1967 1 UEFA Cup final - Runners-up 2008 54 Scottish League Championships – a world record 1891, 1899, 1900, 1901, 1902, 1911, 1912, 1913, 1918, 1920, 1921, 1923, 1924, 1925, 1927, 1928, 1929, 1930, 1931, 1933, 1934, 1935, 1937, 1939, 1947, 1949, 1950, 1953, 1956, 1957, 1959, 1961, 1963, 1964, 1975, 1976, 1978, 1987, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1999, 2000, 2003, 2005, 2009, 2010, 2011 33 Scottish Cup Wins 1894, 1897, 1898, 1903, 1928, 1930, 1932, 1934, 1935, 1936, 1948, 1949, 1950, 1953, 1960, 1962, 1963, 1964, 1966, 1973, 1976, 1978, 1979, 1981, 1992, 1993, 1996, 1999, 2000, 2002, 2003, 2008, 2009 27 Scottish League Cup Wins 1946, 1948, 1960, 1961, 1963, 1964, 1970, 1975, 1977, 1978, 1981, 1983, 1984, 1986, 1987, 1988, 1990, 1992, 1993, 1996, 1998, 2001, 2002, 2004, 2007, 2009, 2010

Rangers Football Club By Charles Green Part 1 – This is Rangers Part 2 - Ranger FC – The Financial Offering front cover note s missing

GIOVANNI DI STEFANO‏@DEVILSADVOKAT URGENT pls does anyone know approx how many Rangers fans in the US approx pls more or less asap I have the DA on the phone in NY Thank you approx 100K more or less... thanks

GIOVANNI DI STEFANO‏@DEVILSADVOKAT It seems to me talking as a shareholder that ALL involved want to ERASE Rangers totally so that the massive fraud perpetrated remains... unpunished...that is what it seems so there is a race against time those who want the entity to stay alive and those that want Rangers dead and buried and hopefully forgotten..impossible scenarios and conditions are being imposed on Mr Green wholly unfair and prejudicial but because the CORRUPTION and theft stretches high high all seem to want to kill of Rangers...well I am no supporter but I be damned if I stand by so I gonna fight and anyone want to oppose then join the list cos this case will now go to de US where ALL gets properly prosecuted Im gonna use every ounce of influence I have with Mr M to ensure SPL/SFL will not get a dime from SKY over this blatant scandal until sorted

Groundswell of opinion against SFA's Stewart Regan - Yorkston Dunfermline chairman John Yorkston predicts that further calls to remove Scottish FA chief executive Stewart Regan will receive widespread backing. "As far as Stewart Regan goes, we'll certainly be supporting moves to get him out his job when the SFA agm comes up," Yorkston told BBC Scotland. "I believe it will be progressed and have a lot of support." A vote of no confidence in Regan was proposed but not acted upon at Friday's Scottish Football League meeting. The 30 SFL clubs voted the new Rangers into Division Three last week, despite Regan's warning of a "slow, lingering death" for football if the Ibrox newco were not admitted to Division One. Regan also advocated Dundee as the replacement for Rangers in the top flight , rather than the Pars, who argued unsuccessfully that they should be reinstated after their relegation. "I am just so disappointed with emails I've seen from Mr Regan at the SFA where, three weeks ago, they said Dundee were the team that were going up," said Yorkston. "Why couldn't he have told us? We've still to get a team together for the start of our season and, if they made that decision three weeks ago, they should have had the decency to tell us."

â??Scottish footballâ??s recovery process begins today. The Board of the Scottish FA endorses the decisions made by the respective members of the Scottish Premier League and Scottish Football League to accommodate Rangers FC Newco into the Irn Bru Division Three.. â??The Scottish FA Board are also wholly committed to Stewart Regan driving this process forward. Since being appointed Chief Executive, he has led us through an unprecedented modernisation of the Scottish FA.. â??He has our full support to continue the excellent work undertaken so far in accomplishing the key objectives of our strategic plan, Scotland United: A 2020 Vision. This will remain the Boardâ??s priority as we move forward.. â??The new season begins in less than two weeks and it is incumbent on the Scottish FA to conclude all outstanding issues relating to Rangers FC. To that end, we aim to meet with the club this week with the intention of achieving a satisfactory outcome for all parties so that we can focus on football in time for the new campaign.â? http://www.scottishfa.co.uk/scottish_fa_news.cfm?page=2986&newsID=10203&newsCategoryID=1