Frankie

To be fair, our fans have largely addressed that. We don't help ourselves sometimes but there are a variety of mitigating circumstances which explain the odd step backwards. Improved representation at board level may enable us to more easily make our points with regard to unacceptable conduct to the appropriate people - be it fans or, indeed, the law-makers.

I absolutely agree the fans must be represented going forward. Our financial investment each season is the most important so we should be entitled to a more progressive contribution. I'm sure there will be a way to knit together a membership scheme with individual larger investors.

You make good points mate but, at the end of the day, money talks. It will be very difficult to persuade a rich businessman that he should have the same voting rights as you or I if they intend putting in a lot more money. Similarly, some of the names I've mentioned in another thread may be friendly in a social Members Lounge sense but can they work together to maximise a joint business venture. I agree the structure has to change but it will still need under-written and backed by heavy hitters. We can only hope progress is made.

True - but as BD points out, I'm a bit worried at the circling vultures.

One does wonder why he never came forward before.

I think our tax challenges can be compared to making the most of slight contact while in the box. Cheating? No. Gamesmanship? Yes. Worthy of punishment? Subjective.

Yes, European football money should always be an added bonus. Being able to do that and maintain a high level of domestic success is the holy grail though. Easier said than done. But it has to be.

Just start a new thread. Just to be clear, I know there are a lot of dead/irrelevant threads from the feeds but they're just there to stimulate discussion in the quieter forums. They're easily ignored for me.

I don't think there's much chance of us coming out of admin any time soon. Certainly the odds of doing that and having audited accounts to satisfy UEFA must be quite low. Like you say, I'd much rather the administrators concentrated on doing a good job and exposed the financial situation at the club fully. I'd also hope that any other interested parties were diligent in their proposals before looking to assume control of the club. I can't see how any of this can be done in less than 6 weeks.

There are a variety of high-net worth fans that are always going to be linked either on their own or as part of any consortium. Doesn't matter if it is Paul Murray, Dougie Park, Satty Singh, James Mortimer, Andy Smillie, Jim McColl or AN Other; they'll have to ensure the trust of the support via some good, old, honest transparent debate before we can 'back' any of their proposals. PS: I've no idea if any of the above names are involved.

He's been linked in the press today also (Scotsman I think). An Edinburgh pal of Murray by all accounts.

Isn't all this to do with some sort of M25 land deal?

Set up a poll and we can let the members decide.

Very kind of you mate!

stv made an arse of it!

STV retract that...

RANGERS chairman Craig Whyte has this afternoon released the following statement: WHEN I took over as majority shareholder of Rangers in May last year, I knew I had been handed a huge privilege - and an enormous responsibility. My intention then was to do everything I could to safeguard the club's future. And that remains my intention today. The traumatic events of the last few days have, understandably, led to a great deal of angst and uncertainty as well as firestorm of media speculation, much of it ill-formed and some of it downright malicious. That an internationally-renowned institution such as Rangers should find itself in administration is bound to create shockwaves, particularly among the club's magnificently-loyal fans, and I fully understand their anxiety. As chairman, I have been at the centre of this firestorm - and quite rightly so. I knew when I stepped up to take over the club that the challenge of restoring Rangers to financial health after many years of living well beyond its means would be daunting. But I accepted it, both as a life-long Rangers fan and as a businessman with experience in turning round companies in distress. The decision to call in the administrators was painful but it was the right thing to do. They have promised to publish a full report as soon as possible and I very much welcome that. In spite of the endless speculation and attempts at character assassination by certain sections of the media, I am 100% confident that the administrators' report will prove that every penny that has come in and gone out of Rangers has been properly accounted for. And I wish to state categorically for the record now that I personally have not taken a single penny out of Rangers since I became chairman and have paid all my expenses from my own funds. Today I learned that my predecessor, Alastair Johnston, has urged the Crown Office to order an investigation into my takeover of the club. Again, I have absolutely nothing to fear because any fair investigation will prove that I have always acted in the best interests of Rangers and been involved in no criminal wrong-doing whatsoever. While the administrators get on with their work, it is only right that they are given the time and space they require to complete their task. That is why I have decided to take a step back from events so that I do not become a distraction to either that process or to Ally McCoist and the players. Regrettably, I will not be attending tomorrow's match against Kilmarnock. Although I would dearly love to be at Ibrox for the game, my priority is, and will continue to be, to assist the administrators in any way I can to bring this process to as speedy a conclusion as possible. Painful though it is for all concerned, administration now gives Rangers a fighting chance - a welcome breathing space - to fix major structural problems that will allow the club to grow and prosper again both on and off the field. So I send Ally McCoist and the team my very best wishes for tomorrow. And I will end by simply saying to Rangers fans: I know that tomorrow you will prove why you are the best football fans in the world. Statement from joint administrator David Whitehouse of Duff & Phelps: CRIAG WHYTE has co-operated with us since our appointment as administrators and we believe his announcement brings further stability to the situation as we conduct the administration of Rangers' business. As administrators we will continue to ensure the Club's business is run seamlessly as a plan to exit administration is developed.

Well, obviously the wording of the contract will be very important.

It's not good IMO. It's the same as saying I've bought my season ticket for next year. I wouldn't expect to lose that ticket as I'm not a creditor - I've already paid in advance for the service.

I think it's 99% certain he'll be there tomorrow.

Welcome to Gersnet, folks. Delighted to have you involved!

I feel like I've suddenly been transported to 2011...

Mandaric has now denied this.

I think it could be this issue that will result in Whyte spending some time at Her Majesty's pleasure.

Yeah, will start in 10mins or so...