ian1964

Itâ??s been a week of extreme emotions for Rangers fans. We plumbed the depths with news that HMRC were rejecting the CVA proposal, and then scaled the heights of Walter Smith announcing a bid for the club. Someone said to me that it was like something out of a cowboy movie â?? the Blue Knights posse had disappeared over the horizon weeks before, only for a lone rider in the form of Walter Smith to come cantering back. I think I should say from the outset that I bear Charles Green no ill will and I donâ??t think many Rangers fans do, for the moment. Green has made the point that he stepped up with the required cash, although some would argue he gambled on raising it and won. I think it would be unfortunate to have to demand his removal and I hope it doesnâ??t come to that. However, the past week has not been a good one for Green. His positive outlook on the CVA turned out to be false hope. Claims of £30million in the bank, 20 investors and 19 singing targets are looking even more unlikely now than when they were first made. None of this could have happened on day one, but it seems Green was scrambling at the last minute just to fund the purchase of the assets for the â??newcoâ?. His investors all appear to be from investment firms or family trusts and it remains to be seen who the people behind these firms are. Reports that one investor has been wanted by Interpol are not encouraging for Rangers fans that have had to suffer a year of Craig Whyteâ??s lies. There were also reports that Greenâ??s main backer, to the tune of £4m, pulled out after doing due diligence on his fellow investors. Greenâ??s desperate courting of Scottish businessmen in an attempt to raise funds for the asset sale has clearly spooked Jim McColl who, along with Douglas Park, now backs Smith. Both have been involved in the bidding previously and it is a measure of how concerned they are about Green that they have come back in. In a bizarre twist, one of the men named as an investor by Green turned out to be backing Walter Smithâ??s group instead. Ian Hart issued a statement distancing himself from Green almost as soon as he had been named. I donâ??t think there is any doubt now that Green has lost the backing of Ally McCoist. Thursdayâ??s press carried news that McCoist was on the brink of resignation. He cut a forlorn figure at the creditors meeting and refused to answer questions. Since then, Green has been desperately insisting that McCoist is still on board. On Friday they met, and Green announced it was a positive meeting, but the silence from McCoist spoke volumes to the fans. He returned to his holiday without a word of support for Green and amid reports of the players also being unhappy. A great deal of goodwill will be required to retain the current playing staff. This does not have to end in conflict. Charles Green is here to make money for himself and his investors. He makes no secret of that and nor should he have to. He has the chance to turn a profit and put the club into the hands of people the Rangers fans trust. He can come out of this with both a financial return and his reputation intact but the longer he waits the less likely that is. There is already talk of a fan rally on 23 June. Signing season ticket renewal forms and storing them en masse until the club is in Walter Smithâ??s hands has also been suggested. The very clear message is that the fans are willing to back the club but would much prefer it to be in the hands of Smith. After all that has happened with Craig Whyte and David Murray before him, the fans need security and you donâ??t get a safer pair of hands at Rangers than Walter Smith. This Rangers pantomime does not need to have a new villain. Mr Green should take his money and run. http://www.scotsman.com/scotland-on-sunday/sport/rangers-liquidation-charles-green-doesn-t-have-to-be-pantomime-villain-1-2359955 â?¢ Chris Graham is a Rangers season ticket holder and writer for therangersstandard.co.uk

ALLY McCOIST last night admitted he was hours from quitting Rangers but â??stepped back from the brinkâ? after crunch talks with Charles Green. McCoist confirmed the Record Sport story that he was set to leave the club after a row on Wednesday with newco chief executive Green. The manager believed heâ??d been put in an impossible position when told by a former director that Green was planning on getting rid of him. But after an early-morning meeting yesterday the pair agreed to end the feud which led to McCoist deciding he would remain in his post. And last night McCoist confirmed our story. He said: â??Itâ??s fair to say I didnâ??t deny that line at any time. â??At first, when I was told there might have been a move to get me out my reaction was natural. I was furious. â??I did confront Charles Green about it on Wednesday. I was looking for answers and that meeting didnâ??t end well. â??I was then left with no other option but to contemplate my future believing that I wasnâ??t part of the plans. â??It was clear we had to sit down and talk about all of this and we had another meeting yesterday. â??Iâ??ve reassessed my position and taken a step back from the brink. â??As things stand at the moment I am still manager. â??At critical times we all have to consider our futures but having said that the most important thing is not my future or what happens with Charles Green. â??The most important thing is the future of my club. â??Right now that is all that matters. So letâ??s all just see what happens but it must always be the right thing for Rangers.â? McCoistâ??s fury erupted on Wednesday but everything changed a day later when a wealthy and powerful consortium headed by his mentor Walter Smith broke cover declaring they wanted to buy out Greenâ??s group. Green paid only £5.5million for the assets of the old club after it was pushed into liquidation by HMRC but suddenly, despite his bluster, he found himself under pressure he didnâ??t expect. Rangers fans made it clear they wouldnâ??t be buying into his scheme, his day of triumph was undermined and he had to deal with the McCoist fall-out. In an attempt to claw back some credibility with the fans Green tried desperately to rubbish Record Sportâ??s story â?? with The Sun only too willing to swallow the line because theyâ??ve been so far off the pace for more than a year â?? and then pressed for a meeting with McCoist yesterday. They met at 7.30am at the Glasgow offices of the clubâ??s lawyers and McCoist agreed to stay on. Smithâ??s group, which includes bus tycoon Douglas Park and Jim McColl, regarded as one of Scotlandâ??s wealthiest men, have been told theyâ??ll have to come up with £20m to purchase the club, which is in keeping with Greenâ??s outrageous statements. Even though he is given to hyperbole Green knows he canâ??t succeed without the fans and they have made it clear they wonâ??t buy season and they want him to deal with Smithâ??s group. Last night this consortium were still confident of buying Greenâ??s people out believing the fans will line up behind them in ever greater numbers in the days ahead http://www.dailyrecord.co.uk/footbal...6908-23896615/

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In light of recent developments related to The Rangers FC we the Kilmarnock Football Club Supporters Association wish to issue the following statement: - "The recent survey conducted by Kilmarnock Football Club Supporters Association (KFCSA), together with other feedback, has highlighted that a considerable majority of Kilmarnock fans have expressed an opinion that The Rangers Football Club "newco" should not be immediately permitted entry into the SPL. KFCSA has shared this information with Kilmarnock Football Club, urging the Chairman, Michael Johnston to consider these views when attending forthcoming SPL meetings on this unfortunate matter. We understand SPL rules are such that any vote on admitting a â??newcoâ?? Rangers to the SPL is at least 2 weeks away and we also understand that ahead of any vote, Kilmarnock FC will directly consult our supporters. We are aware the Club is currently deciding how best to arrange that consultation - with an announcement expected soon. It has also been confirmed to us that as part of the Clubâ??s consultation process, the KFCSA committee members will be invited to meet with the Chairman and additionally we hope to arrange an appropriate open meeting for Kilmarnock fans to attend. We welcome these developments and we encourage every Kilmarnock supporter to participate in the Clubâ??s consultation process once it is announced. KFCSA are also very sympathetic with the plight of the fans of Rangers Football Club, but we believe sporting integrity has to be the core principle for all decisions made by the football authorities in Scotland." KFCSA will issue a further statement on this matter in due course. http://www.kfcsa.org.uk/wp-content/uploads/2012/06/Statement_1606121.pdf

Could it be that if the SFL & SPL join it would block any application to the SFL?. And force us to accept the invite to the SPL with heavy sanctions,blackmail?.

Desprate words from a desperate BHEAST

And that is the sole reason for this,it's a continuation of the witch hunt.

http://www.youtube.com/watch?feature=endscreen&NR=1&v=gmj1OjYFLTs

Just wondering if anyone knows if we are still stuck with this deal?. I would have thought it was the pefect opportunity to get rid.

Off topic I know,but where does the JJB sports deal fit in with a newco?

The Scottish Premier League is considering replacing Rangers with "Team X" when they publish their fixture list for the 2012/13 season. STV understands the schedule, which will be released on Monday morning, could reflect the current ambiguity over whether Charles Green's new company will be granted the club's member share of the league to participate in the competition. The SPL declined to comment on whether the fixture list will exclude Rangers when asked by STV on Friday afternoon. The current holder of the share in the league, the now Rangers oldco operated by administrators Duff and Phelps, had been given a deadline of Friday to submit overdue accounts in order to fulfill membership criteria for next season. The SPL also declined to comment on whether those had been received, while also not confirming whether an application for Green's newco share transfer had been submitted.

RANGERS legend Walter Smith yesterday revealed he wants to save the club on behalf of fans as he fronted a sensational last-minute bid to buy the football giants. The 64-year-oldâ??s attempt to snatch the club from the grasp of new owner Charles Green was the latest in a long string of offers made for Gers. Smith is now hoping pressure from fans will force Green to sell to his consortium but he has been told he will have to cough up at least £20MILLION. Smith vowed: â??Our overriding objective is to ensure that the stadium, the history and everything else magical about Rangers Football Club is protected and nurtured back to good health.â? Former manager Smith made the statement setting out his hopes as he tried to buy the Ibrox club for £8million just HOURS before former Sheffield United chief executive Green became owner. Gers fans were ecstatic when Smith revealed he was being supported by billionaire Jim McColl and motor magnate Douglas Park in his efforts. But their dreams were shattered when Green announced he had finally picked up the keys to Ibrox after resurrecting the liquidated club as a â??newcoâ?. In a bizarre twist yesterday Yorkshireman Green offered to make Smith the clubâ??s CHAIRMAN â?? and begged for all sides to â??pull togetherâ?. He said: â??Itâ??s effectively me in the hot seat now â?? we came here to rescue Rangers thatâ??s what we have done. â??Letâ??s get rid of the negativity and letâ??s pull together. If Walter Smith wants to be chairman of Rangers Iâ??ll appoint him.â? Green also denied he had been involved in a bust-up with manager Ally McCoist, far right, after it was reported he was going to resign. He said: â??The issues Iâ??ve read about Ally are rubbish. The reality is Walter and Ally are big pals and Iâ??m nothing to Ally. If thereâ??s a chance Walter is going to put a bid together, Ally would support Walter, thatâ??s what I would expect.â? But he said he would not hesitate to bring Smith on board along with McColl and Park â?? and claimed his finance director Imran Ahmad would be happy to take their investment cash. Green said: â??If Walter, Jim McColl, Douglas Park want to be an investor in this club this man (Ahmad) will take cheques off them and put them in Rangersâ?? bank account, not in his bank account, not Charles Greenâ??s bank account. They can come on the board and be party to what we are doing. If these people want to be involved and bring a cheque at the same time â?? fantastic. Weâ??ve had four other emails or contacts from high net worth individuals who are saying â??What would you take to go?â?? But we are not going to sit around and wait â?? if we hadnâ??t come along this club would have closed.â? The Smith consortium were last night believed to be weighing up their next move â?? after being stunned by the £20million they were told to stump up. Mr Ahmad said despite only paying £5.5million for the club, Green and his consortium had shelled out up to £2million on professional and advisory fees and they had coughed another £2.5million for the clubâ??s operating costs. Smith said of his consortiumâ??s offer: â??This is an acquisition designed to stabilise the club and ensure history does not repeat itself. We are not in this to take money out of the club but more so to do whatever it takes in a turnaround plan to ensure within a few years the Club can be passed on intact and to the right people.â? Mr Ahmad said he thought Greenâ??s idea to make Smith chairman of the football board was a â??brilliant ideaâ?. And he said: â??This is a formal offer â?? we would be delighted if he came on board. The point about Walter is â?? if you really want to help the club the door is open. Thereâ??s a blank canvas in terms of starting from scratch and he can be part of that.â? But last night Clyde Blowers boss Mr McColl pleaded with Green to sell. He said: â??I would issue a public appeal to Charles Green to strongly consider selling the club to the Walter Smith consortium. â??This would be in the best interests of Rangers Football Club, the Rangers fans and all of Scottish football.â? And fans chief Mark Dingwall warned Green that supporters would not buy season tickets if he and his consortium shunned club idol Smith. He said: â??Any battle between Green and Smith will only have one winner. Mr Green has spent money but he has not bought the fans and he has not bought the history. Clearly, Walter Smith has no faith in Mr Green and that is why he has made his move. â??I suspect Rangers fans will withhold season ticket money until Mr Green sells to Walter Smith as that will starve him of income.â? Green yesterday claimed to have backing from a string of tycoons as well as Scottish clothing company Glenmuir for his takeover. They included Glasgow-based businessman Ian Hart. However, moments after the announcement Hart denied he was part of Greenâ??s team and revealed he was backing Smith. Greenâ??s takeover comes after former owner Craig Whyte, who bought the club off Sir David Murray in May last year, put the club into administration in February. Since then businessman Brian Kennedy, John Pritchettâ??s Club 9 Sports, Singaporean tycoon Bill Ng, Paul Murrayâ??s Blue Knights consortium, and US truck tycoon Bill Miller have all made unsuccessul bids. Director Andrew Ellis was involved in a failed bid in 2010. Read more: http://www.thescottishsun.co.uk/scot...#ixzz1xowVfJve

WALTER SMITH is like a father to me. As Rangers manager heâ??s a total legend with the fans. The guy who led the club to nine-in-a-row. Now, hopefully, heâ??s the man who is going to help lead us out of the hell weâ??re in right now. He canâ??t stop liquidation. Itâ??s far too late for that. What Smith can do is win the trust of the fans. He can make us all believe there is a future for Gers. I saw the comments of my old team-mate Brian Laudrup in SunSport. He was bang on saying he would come back and work for free if Ally McCoist wanted him to. Thereâ??s not a single player who worked under Smith who wouldnâ??t do the same. Laudrup was saying what we all feel. I sent Coisty a text telling him if he needs anything, just to let me know. If he wants me to come back and work for free Iâ??ll happily do it. Most of us from that era would be willing to come back and work for nothing. If Rangers canâ??t afford to pay people once the newco is up and running, thatâ??s what we would do. Iâ??d come back and work for nothing, especially if Walter is in charge. Most players who have played under Smith would do anything for him. Thereâ??s huge respect for him, so itâ??s not a surprise we would want to go that extra mile. That sums up everything about the influence of Smith. If he can take control at Ibrox, everything heâ??s achieved in the past will pale into insignificance. Hopefully, his consortium will cut Charles Green a nice little cheque, so we have proper Rangers men in control of the club, although we are not quite singing and dancing yet. But we finally have someone with the best interests of Gers at heart who wants to take over. I trust Wattie and the fans trust him. He would not put his name to something that was not spot on. Iâ??ve known Smith since I was 17 and playing for Dundee United. He was the first person I bumped into when I got into Scottish football. He used to pick me up and take me to training. For me he is a top man. He is honest and full of integrity. People trust him. Smithâ??s been like a father figure to me. Any problems Iâ??ve ever had heâ??s been able to help. He is already a legend, but if he pulls this off it will be great news. Letâ??s not forget we have been kicked from pillar to post over the last few months. But whatever people think of the situation Gers find themselves in, thereâ??s not many people who have a bad word to say about Smith. The first thing he will do is improve the PR around Ibrox. That side of things has been a shambles in the last few months. Thereâ??s been no one to fight Rangersâ?? corner. The only person who has stuck his head on the block is Coisty. Thereâ??s been no chief executive or PR figure to deal with the criticism getting thrown at us. Yes, Rangers have done wrong. Yes, we deserve to be punished. But it was the people in charge who brought this upon us. You canâ??t punish everyone for the actions of a few. There were mistakes made at the very top of the company which was wrong. At least if Walter is in charge there will be an element of trust. People will trust that heâ??s paying the taxes when they are due. If the local shop-keeper needs paid, heâ??ll pay them. I also think Smith is the best person to deal with whatever scenario unfolds for Rangers. Heâ??ll take it on the chin and lead us through it. If we need to start in the Third Division, if thatâ??s how the vote goes, then fine. Iâ??m sure Smith would accept thatâ??s the cards heâ??s been dealt and the hand has to be played. With him behind the scenes, we will come again, I am absolutely convinced of that. I would be a lot more comfortable having him in charge of everything. There would be such a groundswell of support, new Rangers would fly through the divisions. Unless thereâ??s a massive shift in opinion, it seems thatâ??s what the other clubs want. They want to send us down. I think itâ??s unfair to damage Rangers, but ultimately they have broken the rules. If thatâ??s the punishment facing us, fair enough. No one can take history away from us. All we can do is rebuild and make sure the same mistakes arenâ??t made. I donâ??t think Coisty was ever going to walk away. Heâ??s a bigger legend now than when he played because of the way heâ??s kept Gers together. The restraint heâ??s shown has been tremendous. Heâ??s been given no help or backing over this situation. It has been horrendous for him. Jim McCollâ??s got all the money, so that canâ??t be bad. Thatâ??s the sort of people Rangers want. I donâ??t know Green from a bar of soap. But my view is heâ??s made of straw. As far as I can tell he hasnâ??t put up one cent of his own money and heâ??s been holding out and not telling people who his investors are. You canâ??t get away with that. How Duff & Phelps let him get away with that I donâ??t know. I just wish Smith had got his consortium together a few months ago. Maybe thatâ??s simply shrewd business minds at work. The main thing now is Walter gets the chance to take over at Ibrox and we start looking to the future. Read more: http://www.thescottishsun.co.uk/scot...#ixzz1xomhVvLp

How Jim McColl turned £45m into £750m in four years He may not look it – a broad-shouldered, bullet-headed Glaswegian – but Jim McColl is the coalition Government's poster boy. The son of a butcher and a school dinner lady, McColl has just sold ClydeUnion Pumps for £750m – having bought it for £45m just four years ago. While many businessmen have spent the years since 2007 wearing tin hats and squirrelling away spare cash under the mattress, McColl has taken on a dejected and rusty "old economy" company and transformed it. Staff numbers have soared almost as fast as sales and rather than make way for yet another housing estate – the pump factory was about to be sold to developers – Glasgow has a shiny industry leader. The billionaire Scot, who is already in process of his next multi-million-pound deal, seems part-machine himself. The only thing that appears to irritate him is other people moaning about the recession. "More people could do it if they just dropped the negativity and did some proper analysis of their sectors. Just see if the recession is really going to impact you, because often there's no reason why it should," he said. "A friend said to me recently, 'It's all right for you, you can dream but I have to live with reality'. What's that? Reality is only someone else's borders and limits. Just get on with it." He is undoubtedly no-nonsense but he has succumbed to a few gentler trappings of the super-rich. He has a collection of classic cars, has just returned from watching David Beckham playing for LA Galaxy and counts among his pals Brian Souter, the boss of Stagecoach, and Sir Tom Farmer, the founder of Kwikfit. And he's non-dom, based in Monaco. Like other tax exiles, he has no compunction in trying to influence Government policy to get behind British industry. "You can't have an economy based on financial services and property," he said. McColl says that on a trade visit to China with David Cameron, he told the Prime Minister of the problems of getting trade finance. Within weeks of returning home, UKTI got in touch. "They said they'd been given three months by No 10 to get the fund up and running. It took them six months, but we were the first to use it for a £15m order from China. I find the Coalition is very serious about helping where it can." Now he's got a taste for it, McColl is on to his next mission – to get the Government to back an industrial investment bank. "Whatever the banks say, credit is still very tight for SMEs. These companies need proper support and I think a dedicated industry bank that could specifically help small companies would be great. I'm happy to support the idea if I can." Brought up in the village of Carmunnock, near Glasgow, McColl went to the local primary school, where there were only seven people in his class, then on to Rutherglen Academy. He left at 16 ready to work. "It was the time of severe industrial decline in Glasgow, engineering companies were closing down," he said. Even so, the young McColl set his sights on engineering, mostly because he had a passion for fast cars. "I loved Formula 1 and Jackie Stewart was the man of the moment – I couldn't wait to get my copy of MotorSport each month. Years later I was able to sponsor Jackie Stewart's racing team – Paul Stewart. But that was a long way away then." He joined Weir Group as an apprentice, it was "what everyone else was doing," he said. Driven by dreams of owning his own car, McColl earned extra money at a local garage, fixing tyres and selling petrol. He completed four years as an apprentice at Weir Group and spent another two years there, but was quickly frustrated. He said: "I came to the realisation that I was going to do this for the rest of my life unless I got better qualified. I noticed the people getting paid the most understood the financial side of business." McColl launched himself into studying. Through a series of night schools, part-time courses and eventually full-time university courses, he clocked up an extraordinary raft of qualifications, from an ONC in mechanical engineering to a Masters in accounting and finance. He said: "I guess I had a slight chip about leaving school so early. I was determined to be the smartest guy at the table." He was still working in engineering in Glasgow but by his late 20s his now-impressive CV caught the attention of headhunters looking for industry people with financial qualifications. He was hired by Coopers & Lybrand – the forerunner of PricewaterhouseCoopers – as a company doctor. He said: "My job was to go into struggling companies, mostly industrial ones, and become a temporary chief executive. It was a good use of all my qualifications and experience." But within two years, McColl recognised the difference between the amount of money he was earning for his employer and his own paycheck. He decided to do the same thing, by himself. The first company he bought was a small engineering firm called Clyde Blowers for £3m. It was the smallest of eight competitors in its markets. Within a few years, through a series of acquisitions, it became the biggest. The next step was setting up a private equity-style investment fund with several companies going through his books at the same time. Clyde Blowers Capital was formed in partnership with SCF, a US private equity firm. McColl did several deals before 2007 when he heard that Weir Pumps was struggling and being sold to a Swiss firm. "Obviously I knew the company well," he said: "I was immediately asked, is this your head or your heart making the decision?" He insists it was his head. "I just looked at it and thought, this is a great company with a fantastic heritage and one-time leading products, why isn't it doing better? It hadn't maintained the product side but that's easy to fix if you hire the right people." A key change has been to plant offices and factories around the world rather than trying to ship all the orders from Glasgow. ClydeUnion now has eight manufacturing sites and 25 service centres around the world. He also overhauled the structure and hired aggressively. At the beginning of 2009, the company was pitching for £50m of business a month; by the end of the year this figure had grown to £250m per month and conversion rate stayed the same. "It's all about understanding your company and where it fits into its market," he says. "If you take the time to do the proper analysis, everything is easy." http://www.telegraph.co.uk/finance/n...our-years.html

The potatoe munchers got well mashed,no need to ask them why don't you go home.

Charles Green has vowed to resist mounting pressure to sell Rangers after a dramatic 11th-hour bid from a consortium fronted by club legend Walter Smith. On the day Rangers were formally liquidated, the Yorkshireman transferred the old clubâ??s assets over to a newco for £5.5million and completed his takeover. Denying reports he intends to ditch manager Ally McCoist, Green set out his long-term plans by appointing himself chief executive, naming a new board of directors and identifying his investors. In the process, Green doused supporter hopes that he might accept the £6m offer from the Smith consortium â?? also featuring multi-millionaire businessmen Jim McColl and Douglas Park â?? to walk away. â??Iâ??m not surprised that anyone has an interest in buying Rangers because itâ??s such a great institution,â?? said Green. â??What I am surprised about is why people would come in on the day that everyone knows is completion day and think that they could buy it. â??Walter stated that he was looking to negotiate to buy the club â?? well, no oneâ??s rung me. Iâ??ve never spoken to Jim McColl or Walter in my life. Iâ??ve said from May 13, anybody can come to this club and join my team. Unless the money is from prostitution, drug dealing or child trafficking then Iâ??ll take the money.â?? Green was responding to a shock statement from Smith earlier in the afternoon which prompted excitement amongst supporters. It read: â??I can today confirm that, following talks over the last few weeks, I am leading a new bid for Rangers Football Club. â??I have been assisted by Jim McColl, Douglas Park and other prominent Scottish businessmen with a shared objective â?? that Rangers Football Club should be in the hands of Rangers people, who will stabilise the club and protect it from future situations like we find ourselves in today. â??With this in mind, representatives have, on behalf of my group, made representations to BDO, Duff & Phelps and, indeed, Charles Green, notifying them of our willingness to offer on the newco basis on which Mr Green is proceeding. â??We would call on Mr Green to step aside and allow us to proceed with our deal, which is in the best interests of the creditors, the employees, the fans and the various other stakeholders of Rangers Football Club. â??None of our group has any desire to own Rangers FC but we have put this deal in place to save the club. â??However, our overriding objective is to ensure that the stadium, the history and everything else magical about Rangers is protected and nurtured back to good health and provide a platform for Rangers for generations to come.â?? And last night businessman McColl, who is reported to be worth £800m, added in his own statement: â??I would like to issue a public appeal to Charles Green to strongly consider selling the club to the Walter Smith consortium. â??This would be in the best interests of Rangers FC, the fans and all of Scottish football. Mr Green does not have the backing of the Rangers support and the longer he delays, the harder the situation will become.â?? The opportunity remains for the Smith consortium to make Green and his investors an offer they cannot refuse, amid fears supporters will abstain from buying season tickets under the new regime. Ruling out a future sale, however, Green added: â??Iâ??ve got a fiduciary duty to report back to investors any offer that is made for the club but Iâ??ve also bought shares and put my own cash in. So would I sell my shares? No â?? because I believe this is a great club and itâ??ll go forward. â??To come in and suggest weâ??ll make a quick buck â?? I can assure you there are easier ways to make a quick buck than I have experienced in the four months weâ??ve been involved in it, with late nights, hard work, the legal fees and hours that have been put in. â??I actually get insulted by that because if someone wanted this club they should have bought it. I got criticised for being the last one in. â??It was: â??Where did he come from? Nobody knows about him. He canâ??t be seriousâ?. Every single thing Iâ??ve done Iâ??ve been criticised for and every single thing Iâ??ve promised, Iâ??ve delivered. â??I donâ??t have a problem with them â?? whether itâ??s Ally, Jim McColl or Walter. Weâ??ve said since the first day that people who want to buy shares can buy shares.â?? Green also trained his sights on former director Dave King, suggesting the South African-based businessman was working to destabilise the new regime by telling McCoist he is about to be sacked. The Ibrox manager had spent yesterday considering his future after being informed by a third party he was to be axed. Green denies that, accusing King â?? a vocal opponent of his takeover â?? of spreading misinform- ation. Sources close to McCoist, meanwhile, say he will only go if he is sacked and handed a £1.5m pay-off. â??If I was getting rid of Ally, I would say to him, face to face: â??Ally â?? Iâ??m sacking youâ??. Thatâ??s never happened,â?? Green insisted. â??In fact, the second meeting I ever had with Ally was in the office here at Ibrox where I said to him: â??Iâ??m quite happy to put a clause in my contract that says the day you get sackedâ? â?? because inevitably it would be me doing it â?? â??I leave, tooâ?. â??That was so Ally knew and understood it wouldnâ??t help me one iota for him to fail and that he had my support. Ally will confirm that.â?? Read more: http://www.dailymail.co.uk/sport/football/article-2159581/Charles-Green-blanks-calls-sell-Rangers-Walter-Smith-consortium.html#ixzz1xoh1KjQj

CHARLES Green last night questioned the timing of Walter Smithâ??s dramatic bid to buy Rangers on the day the club was formally consigned to liquidation and insisted he has no intention of â??stepping asideâ? as requested by the former manager. Yorkshire businessman Green is now chief executive of the â??newcoâ? Rangers which will be owned by his Sevco consortium of investors who yesterday completed their £5.5 million purchase of the business and assets of the liquidated company. But Greenâ??s attempt to earn the backing of Rangers supporters received a major setback when Smith, who left the club in the summer of 2011, revealed he was leading a new bid in association with businessmen Jim McColl and Douglas Park. Smithâ??s consortium have directly contacted BDO, the accountancy firm appointed as liquidators of Rangers, to inform them of their willingness to purchase the â??newcoâ? on the same basis as Greenâ??s group. But former Sheffield United chief executive Green, who yesterday named Ayrshire-born pension fund manager Malcolm Murray as chairman of the new Rangers plc board, says his stake in the club is not for sale and warned that his Sevco investors would be seeking a profit on funds already committed if they were to agree to Smithâ??s request. Green did, however, welcome the prospect of Smithâ??s involvement in the club, offering to immediately appoint him as chairman of its football board of directors, which will run separately from the plc board. â??What I am surprised about is why people would come in on the day that everyone knows is completion day and think that they could buy it,â? said Green. â??Walter stated that he was looking to negotiate to buy the club. Well, no-oneâ??s rung me. Iâ??ve never spoken to Jim McColl or Walter in my life. Since Iâ??ve been here, Iâ??ve spoken to lots of people who have asked if they could introduce me to them. No-one has, probably because no-one trusts me. â??But I have asked on numerous occasions to meet them because I know their names. I know their reputations and I felt that they would be fantastic people to have in this business. Iâ??ve said from May 13, on the day my consortium signed a binding contract to buy Rangers, that anybody can come to this club and join my team. Unless the money is from prostitution, drug dealing or child trafficking, then Iâ??ll take the money. â??Iâ??ve got a fiduciary duty to report back to investors any offer that is made for the club but Iâ??ve also bought shares and put my own cash in. So would I sell my shares? No, because I believe this is a great club and it will go forward. I can assure you there are easier ways to make a quick buck than have the four months since February that weâ??ve been involved in it, with late nights, hard work and the legal fees and hours that have been put in. I actually get insulted by that because, if someone wanted this club, they should have bought it. I got criticised for being the last one in. Every thing Iâ??ve promised so far, I have delivered.â? Green, however, was countered yesterday after naming one the investors in his consortium as Ian Hart, a Glasgow businessman. Hart later released his own statement, denying he was part of the Sevco consortium and expressing his support for Jim McColl and Douglas Park. On another breathtaking day of developments in the Rangers crisis, Green also had to address speculation that manager Ally McCoist is ready to resign. It has been claimed McCoist had an angry exchange with Green at Ibrox on Wednesday amid the belief, allegedly learned from a former Rangers director, that the new chief executive was preparing to sack him and appoint his own manager. â??If I was getting rid of Ally, I would say to him, face to face, â??Ally, Iâ??m sacking youâ??. Thatâ??s never happened. In fact, the second meeting I ever had with Ally was in the office here at Ibrox where I said to him â??Iâ??m quite happy to put a clause in my contract that says that the day you get sacked, because inevitably it would be me doing it, I leave too.â?? â??That was so that Ally knew and understood that it wouldnâ??t help me one iota for him to fail and that he had my support. Ally will confirm that to you. â??The reality is that Walter Smith and Ally are big pals. Iâ??m nothing to Ally, I donâ??t expect to be. Walter is his friend for a long time. If there is a chance Walter is going to put a bid together, Ally would support Walter and thatâ??s what Iâ??d expect. Do I want Ally to be manager? Yes, 100 per cent.â? http://www.scotsman.com/sport/footba...-now-1-2353602

By STEPHEN HALLIDAY Published on Friday 15 June 2012 00:22 IF the Rangers saga was ever produced in pantomime form, there would be no shortage of candidates to be cast as the villain. But it is certainly not the role Charles Green envisaged for himself when he put together the consortium which yesterday purchased the assets and business of the soon to be liquidated Ibrox club. The astonishing turn of events yesterday, with Walter Smith emerging from stage right like a white knight riding to the rescue of a damsel in distress, could only harden the suspicions of those Rangers supporters who are wary of Greenâ??s motives and those behind his Sevco consortium. Reports of manager Ally McCoistâ??s unhappiness with Green also did nothing to enhance the Yorkshire businessmanâ??s credibility in the eyes of those punters he hopes will be lining up to buy season-tickets for next season. If Green was at all fazed by yesterdayâ??s developments, which completely upstaged his formal appointment as chief executive of the newco Rangers, he did not show it. As bullish and direct as he has been since being unveiled as the prospective new owner of the club back on 13 May, Green insists he should in fact be regarded as the hero of the hour. â??At the moment, I think I am the best chief executive this club has had in quite a few years,â? said Green. â??Now that might just be my ego running away with me, but I know I bought this club without any help. Just think what I could do with the support of 51,000 fans behind me. Every day now, people will see this club moving forward. There hasnâ??t been a board at this club for some time of the status and nature of the board now in place today. No-one has approached me with a bid to buy the club. Itâ??s effectively me in the hot seat now. Iâ??ve said since 13 May that we came here to rescue Rangers and thatâ??s what weâ??ve done. We were criticised for being late entries. All the great and good had looked at Rangers and either failed to complete or failed to show money. â??We were accused last week of using season-ticket money to buy the club â?? yet we havenâ??t received any season-ticket money. So letâ??s get rid of the negativity and letâ??s pull together. Other people can come on board and be party to what we are doing. Their cheques will go into Rangersâ?? bank account, not Charles Greenâ??s bank account. But we are not going to sit around and wait for them. Because if we hadnâ??t come along, this club would have closed. The administrators couldnâ??t have run it forever and no-one put money on the table like we did. This is not Charles Green and a few dodgy guys who came up in a bus from Yorkshire. Weâ??ve got a group of people who invested because they could see a financial return and some people invested because they wanted to be a part of restoring the glory of Rangers â?? the name and the tradition. â??Some people invested because theyâ??ve been looking at the club for 20 years but David Murray controlled it and then Craig Whyte did. All of my group have invested for different reasons. I canâ??t say that if you gave them their money back they would just walk away. None of them would do that. Why would they?â? Greenâ??s relationship with McCoist appears to be strained already, but the former Sheffield United chief executive believes the club icon may be influenced by the fact he did not court his opinions and input during the administration process of Rangers, unlike some of the other failed bidders. â??Look, I have great sympathy for Ally and I saw from the first time that I met him that heâ??s a tremendous guy,â? said Green. â??But heâ??s had people in his ear for six months. For nine months, he had Craig Whyte in his ear. Ever since this club went into administration, every single person who was associated with a buyout wanted Ally on their team. â??I was asked 20 times at least by Duff & Phelps if I wanted to meet Ally? I said no. Did I want to meet the SFA? I said no. The SPL? No. They were dumbfounded but in my mind there was no point in talking to people until I had done the deal or until at least I knew I was going to do it. â??I never raised my head above the parapet until I got exclus-ivity. From the day I signed for that exclusivity there was no chance in the world that anybody other than me would buy this club because the focus of my group was on completing it. â??It was through lack of focus that other people didnâ??t complete it. So we are here now, but I understand that Ally, Graeme Souness and other people had words with the various groups that declared an interest and offered to help and work with them. When someone else comes in you donâ??t want to be someone who says one thing one day and another thing another day. â??So I felt great sympathy for Ally because there were conflicts. Even for the staff here in the last few weeks. They see this man called Charles Green walking up and down the corridors and they are thinking â??He says do this and do that but heâ??s not the boss yetâ??. Itâ??s not been pleasant for Ally. â??Iâ??ve spoken to him very briefly today. We havenâ??t had time to sit down but my group 100 per cent wants him as manager. I understand for him that with some of the people who are coming out of the woodwork saying theyâ??d like to buy Rangers, he has a long history with them. â??Loyalty is something he feels passionate about, as do I, and for Ally to be loyal to these people and therefore be unable to commit to me, I understand that. I think if we can draw a line and move together, Ally can be manager of Rangers under whoever owns it.â? Greenâ??s concern now is to establish which level of football the newly-constituted Rangers will be playing in next season, SPL votes and SFA disciplinary measures permitting. â??The big issue facing this club is not who owns it,â? he said. â??The big challenge is that as we sit here today we are no longer in the SPL. Weâ??re not a member of the SFA. Weâ??re a newco who are applying â?? and letters have gone off already to the SPL and the SFA â?? asking them to consider the transfer of the shares to allow us to become members. â??Were that a brand-new newco, it would have a much better chance than we have because of issues like non-payment of taxes, the challenge to the SFA and the problem with the EBTs. Thereâ??s a whole raft of challenges. My concern is that we get sucked into a whirlpool of negativity â?? â??he wants to buy itâ?? or â??I want to buy itâ?? â?? as opposed to dealing with things essential to Rangers Football Club. These are resolving with the other members of that elite club, the SPL, to make sure that we are fit and proper to be part of Scottish football.â?

Never seen the program,however it doesn't surprise anyone that the BHEASTS want our titles,it's quite heart warming that throughout this dark period in our history the puss spewing BHEASTS are probably hurting more than us because they just know we will be back to continue total domination of Scottish football

I said in another thread how it is clear for all to see how little the SFA has done to assist a member club,the biggest and most successful club in Scotland,it is also clear how much damage they have tried to inflict on the Rangers,shame on them.

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BREAKING NEWS News from the Rangers media conference at Ibrox. Charles Green has issued a formal offer to Walter Smith to become chairman of The Rangers Fooball Club Board. He says if Walter wants that position he'll appoint him at 09:00 BST on Friday morning. He wants Ally McCoist to be the manager 100% although he hasn't spoken to him about it. He won't sell his shares to Walter Smith's consortuim. He only has a small share. Imran Amed (non-executive director), said that as well as the £5.5m, the cost incurred are up to about £10m. Other investors would be looking for a multiple of that if they were to sell their shares.

Charles Green Statement Thu, Jun 14, 2012 Charles Green issued the following statement today: "Following the formal decision of the creditors' meeting at Ibrox Stadium today, the consortium I represent has fulfilled its agreement with the administrators and has completed the acquisition of the business and assets of The Rangers Football Club plc. "The transfer of the business and assets to a new company structure has taken effect immediately and the new company is The Rangers Football Club. "An application has already been made by the company to register with the Scottish Football Association and to participate in the SPL. "These applications will be considered over the next few weeks and I will continue to have discussions with the football authorities in relation to the Club's position. "This day is bitter-sweet for the consortium I represent. From our first involvement we made it clear we would have preferred to acquire this great Club through a CVA. "The decision by HMRC to vote against the proposal was, in my view, counter productive and did nothing but visit the sins of the past on the owners of the future and indeed the supporters who care so much for Rangers and deserve better. "It was however prudent for us to prepare for this outcome and we are proud and honoured to acquire Rangers and begin a new chapter in its illustrious history. "These are early days and there is a huge amount of hard work to be done to rebuild Rangers. "It will take time and effort, passion and commitment. Rangers will rise again and that journey began in earnest at Ibrox today. "First I must address the issue of the Manager's position at the Club. Our consortium wants Ally McCoist to remain as Manager and we firmly believe he is the man to take Rangers forward. "He embodies everything that is great about the Club and without question we want him to continue as the Rangers Manager. "I fully understand that other people have courted Ally who do not wish to see my consortium succeed however, I believe time for decision and rancour is over now that the Club has been sold and everyone with the interests of Rangers at heart should unite. "The rebuilding of the Club will happen from today. "As I have stated previously, it is our intention that no single investor or institution will own more than 10-15% of the shareholding. "One of the saddest aspects of the refusal by HMRC to support a CVA is that small shareholders have lost their shares in The Rangers Football Club plc. "However, supporters and shareholders will have the opportunity to invest in the new company. "My consortium has been determined from the outset that from now on Rangers will be run to the highest standards of corporate governance. "To that end, the Club will have two boards in the future - a company or plc board and a football board with appointments announced in due course. "In terms of investors in the company, to date our investors include Chris Morgan, a UK-based businessman representing family trusts; Glenmuir, the renowned Scottish clothing company; Ian Hart a Glasgow-based businessman; Alessandro Celano of Blue Pitch Holdings and Zeus Capital. "We are looking to expand that investor base and are in discussions with a number of interested parties. "I have been greatly encouraged by the enthusiasm investors have shown and their belief that Rangers can have a great future. I believe that too and I, along with everyone at the Club, will work tirelessly to make it happen."

The process of buying the club will still go ahead,Greens consortium can then sell

Give the man a job Rangers!