North Rd
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Everything posted by North Rd
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He is now saying on RM Laxey is a front for someone lol
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Hearing same mate, new Board by end of year also
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Its not the Board im worried about, its the Corporates !
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GS so, are you saying the club doesnt owe the PLC 16m ?
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https://www.scribd.com/mobile/doc/217413725
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16m is this not what TRFC owes RIFC?
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Confirmed: Mike Ashley has doubled his stake in Rangers.
North Rd replied to SteveC's topic in Rangers Chat
Only the one? -
Anyone vouch for this guy? @SupportersGroup: I'm hearing Worthington Group , 7.8% owned by Craig Whyte has bought today's shares.
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Or Toxic (tu)
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Posted Today, 07:02 PM SEPTEMBER 26, 2014 / BILLMCMURDO The boardroom saga rumbles on at Ibrox with the news that Rangers CEO Graham Wallace has had talks with representatives of Dave King. My understanding is that these representatives were Paul Murray and George Letham. No big surprises there but this is where we enter into the Twilight Zone once more. When contacted by a prominent daily newspaper, I am told that Dave King denied that these men were his representatives. Which begs two questions: 1) Why are these men purporting to represent Dave King? 2) Or is Dave King being economical with the truth? We could also ask why he is, if he is., Given that Rangers fans want transparency and that this requirement for transparency is often spoken of by Messrs Murray and King, surely it would be very much in the interests of both these men to clear matters up for the fans. In a nutshell, is Paul Murray representing Dave King in talks with Graham Wallace? This opens up a whole raft of other questions. Why is Graham Wallace speaking to Paul Murray? Is he doing so with the backing of fellow board members or has he “gone rogue” and if this is the case, what can be done to stop him? It is no secret that there is a rift in the boardroom and this is not something Rangers fans want to be reading about, especially in anti-Rangers outlets. I personally am fed up of all the cloak and dagger, which is playground stuff. We need men leading us, not boys. Yes, confidentiality is often necessary in business dealings but you can’t call for transparency to score points while being furtive and even deceitful. If Paul Murray is representing Dave King, fans should be told and not lied to. The whole matter hinges around Dave King’s now legendary £30 million to invest. Is the £30 million for real or a mythical figure that keeps Dave King in the limelight while deceiving the Rangers support? Even if Kings’ 30 mil is real and in place for investment, other questions need answering. These include a very important one i.e. Is that it? Is the 30 million all there is or is there more to follow? Not as a possible but something far more concrete? I mean, are there other investors lined up or does King himself have more in reserve? Just as vital is the question: What role does King want for his investment and can he get it? There are huge question marks over King’s suitability as a director of RIFC PLC both from the stock market perspective and from that of the SFA and SPFL. King needs to answer those for his own sake and others. Should King fail to get a directorship, is he happy to take a back seat and does this also mean there is a very real prospect that he will fall foul of AIM regulations concerning “shadow directors” who hold no office but exercise inappropriate clout? Can King’s ego handle being just a good guy investor with no hands-on power? I see the papers are waging a campaign against Sandy Easdale attempting to pressure him not to block this mooted Dave King investment. Easdale may be crazy to try and block this investment if it saves the club but he would be crazier still to rely on it given how precarious it appears to be. The fact that he is active in seeking alternatives is indicative, not of a churlish anti-King prejudice but of commendable business prudence and responsibility. As I wrote previously, Rangers require a custodian. Both Dave King and Sandy Easdale may have a lot to do to convince fans they can fill that role. Being more honest with the Rangers fans would be a good start. http://billmcmurdo.w....the-kings-men/
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THE financials to the end of June were expected to be published by the end of this month with an agm to follow within 28 days but with no date yet fixed there are concerns a delay could have a knock-on effect on fundraising plans. The auditors signed off on the half-year results in March with the caveat the business remained a going concern as long as season- ticket sales remained at the levels of previous years. FEARS are rising of a delay in announcing the annual results of Rangers and of possible financial consequences for the club. It had been reported the club’s financials to the end of June 2014 would be published before the end of this month, with an agm to follow within 28 days. However, Record Sport can reveal a date has yet to be fixed for the release of the annual results, with sources suggesting it has been delayed by the board. It had been anticipated Rangers would use their agm to put forward a motion seeking support for a new, significant share issue to guarantee the long-term financial future of the club. Any delay would have a knock-on effect on the timetable for fundraising, with the £3.13m brought in from the recent share issue only expected to see the club through until Christmas. Insiders suggest the board are either confident of raising funds from other sources or struggling to have their financial results okayed by auditors Deloitte. But a boycott by fans over the summer has seen season- ticket sales slump and left a black hole in the finances. Rangers would not need to go to the market for fresh finance in the short term if they secured loans from investors such as Mike Ashley or the Malaysian group who recently visited Ibrox. Their involvement would almost guarantee, at a stroke, that potential saviour Dave King would be destined to remain on the outside looking in. Rangers yesterday confirmed director Sandy Easdale had increased his stake in the club Asked to confirm a date for the release of their financial results a Rangers spokesman said: “No date has been fixed. We have a regulatory requirement to hold the agm by December 31 and will do so.”
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an interview with STV News, Easdale also said former chief executive Charles Green and convicted fraudster Rafat Rizvi were not part of his plans for Ibrox
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Front page of DR Easdale and Rafat at Lunch together...
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Jacko saying their is a bigger story in tomorrows DR.
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"The Union of Fans is extremely concerned at the recent public statements of Sandy Easdale, the Chairman of the so-called ‘football board’ at Rangers. Mr Easdale has a history of making ill advised, damaging and amateurish comments in the press about Rangers and last week he was engaged in more of the same. In April 2014, around a week before Imran Ahmad’s second failed attempt to have club funds arrested, Mr Easdale decided to take part in a BBC interview in which he raised considerable questions over the financial position of the club. These comments could clearly be seen to weaken the club’s case against Mr Ahmad despite victory in that instance. Last week, days ahead of Mr Ahmad’s third attempt to arrest funds, Mr Easdale did the same in a press Q&A. We would question the timing of both of these statements. Making this type of error once might be seen as naivety or stupidity. Making it twice starts to raise other questions. Mr Easdale was brought into Rangers to represent the wishes of the block of shareholders previously represented by Mr Ahmad and Mr Charles Green. Mr Easdale has, in our opinion, always represented their interests ahead of those of the club and it appears he is continuing to do so. Mr Easdale has hitched his wagon to Green, Ahmad, Blue Pitch and Margarita and, now that their influence over the board has started to diminish slightly, he appears to be seeking to retain his position at the club via an alliance with Mike Ashley. Indeed it appears that Mr Easdale will support anyone who will allow him to retain his director privileges and the borrowed respectability of being referred to as a Rangers director, regardless of their actions towards the club. Mr Easdale told the Rangers fans that Jack Irvine no longer worked for him. However, we have been told by a number of people that Mr Irvine has been in regular touch with them in a way which represents Mr Easdale’s interests. Mr Easdale told the Rangers fans in December 2013 that he had investors lined up for Rangers. This did not prove to be the case. Mr Easdale now wants the Rangers fans to believe that Mike Ashley, who has been handed “onerous” merchandise deals, virtually free stadium naming rights and now the Rangers club shops by Mr Easdale’s associates, is the man to take Rangers forward. Mr Easdale actively opposes any attempt to bring huge investment into the club from people who care about it but chooses to back someone who has clear issues with dual club ownership and is only interested in Rangers as a means to make himself money. We would ask the PLC board, the Nomad, Daniel Stewart and the LSE to investigate Mr Easdale’s comments and their effect on a court case which could have put the club’s immediate future in doubt. We would also ask them to clarify whether Mr Charles Green or Mr Imran Ahmad hold any shares for which Mr Easdale has a proxy through Beaufort Nominees. Mr Easdale is not, in our opinion, fit to be a director of Rangers Football Club and given his failure to be appointed to the PLC board we feel he has far too much negative influence on club affairs."
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I dont post on here often, but by God, either you wrote that this morning still pissed from the night before or you are one negative guy Hildy.....
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Mike Ashley to up his stake in Rangers to 9.9% through the current share issue. Source SSN” Sources close to Mike Ashley say there are no immediate plans to invoke the naming rights at Ibrox stadium #Rangers @charlesp_sky: It's understood Ashley views his interests in Rangers as purely strong commercial ones which he intends to protect
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Caught lol, it's me, and there are better journos out there than that lot.
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LOL did i mention Billy
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I agree, but don't like that its the DR its in.....
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Share Issue a Temporary Fix - Richard Wilson
North Rd replied to chilledbear's topic in Rangers Chat
Wasn't King warned off about undermining RIFC through the press? -
Got to agree mate, very dissapointed, i cant even log in now, says it doesnt have my email account, yet i still have their emails ???
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@time4change......Green, yeah STB
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Richard The Lionheart And Balls Of Steel From The Board Richard-Gough The team that drinks together wins together. A legendary quote attributed to Richard Gough which the former Rangers captain assured me today he didn’t actually say. Gough phoned me to respond to my Balls Of Steel blog and to defend his own part in the Ibrox1972 venture, which I have called a bootleg Rangers.I have to be honest and say that Goughie left me in absolutely no doubt that his intentions are sincere and that he is doing what he is doing for the benefit of Rangers. During our conversation he kept stressing his dismay that the supporters were so divided and it was refreshing to engage with someone in the anti-board camp who is free of the bitterness that is spouted by reb ringleaders. Gough did not at any time during our lengthy conversation say anything derogatory about Rangers directors; in fact, he stressed he was sure that they had Rangers’ interests at heart. I got the impression that his concerns were more about what has taken place over the past three years and the present board’s ability to deal with this than any supposed “****very” in the boardroom. What we both agreed on was that we wanted to see more positive action from the board in response to the club’s present condition. Goughie admitted to me that he wished he had said more in the past, particularly about the Craig Whyte fiasco but agreed with me that many of us were taken in by Whyte because we wanted to believe. As he has said elsewhere, the big man did not hesitate to respond to Dave King’s request that he put his name and reputation behind the season ticket fund. He admits he had no idea what he was getting into or he may have given it a body swerve but with the same steel he displayed as a player and the decision-making that brought him fame and renown as a world-class defender, he said “No, the truth is I had to do it because I felt it had to be done. I just want what’s best for Rangers Football Club.” I again have to be fair and say that it was refreshing to hear Goughie reiterate that fans who want to renew with the club should do so. He claimed that Dave King was just trying to give fans some security as Admin 2 was a real possibility. Cynics may see more to King’s motives than a benevolent interest in fans’ monies and that his actions were designed to bring about Admin rather than avert it. His personal advice, he says, would be for anyone unsure of whether to renew or pledge to Ibrox1972 would be to withhold money from both and pay on a game-to-game basis. I have to say that big Goughie is not a devious person anyway and he is undoubtedly sincere in his concerns and intentions. He is also honest about his own naivety and lack of expertise in the greyer areas of the project he and King are embarked upon. He is not a schemer or a wheeler dealer but I agreed with his summary of things. “Ultimately it will all be decided at shareholder level,” said Gough. As I pointed out, King knows this only too well and his use of fan power is designed to exert leverage on the shareholders. Richard Gough doesn’t seem to share the militancy that King and his UoF supporters have in getting fans to join the fund. His attitude is that it is up to fans to decide. Domiciled abroad, Gough is unsurprisingly out of touch with the mood of fans, especially since David Murray left the scene. But, as I have said previously, he deserves a say in matters Rangers. I don’t agree with his involvement in the Ibrox1972 project. However, I defend his right to have it and appreciate the sincerity of his motives. I also admire his sticking his head above the parapet. As Gough himself says, “When this thing is over, regardless of who wins, there will be people jumping on board the victory train. At least I threw my hat into the ring knowing it wouldn’t be popular with everybody.” One thing Goughie and I agreed upon was the need for positive action from the Rangers board. He alluded to my Balls of Steel blog. Just after our discussion I saw the statement by the Rangers board which was exactly what I called for in yesterday’s blog.
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You've got a chancer there FS