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  1. Is that his opinion on Walters tactics.:fish:
  2. RANGERS directors will hold a board meeting today on the eve of what promises to be one of the stormiest annual general meetings in the club's history. At the board meeting, the directors will discuss how to deal with questions over how the club is being run which are likely to be raised from the floor at tomorrow's AGM. It follows statements made by manager Walter Smith that the club's bank, Lloyds Banking Group, was in effect running the in-debt club, statements refuted by owner Sir David Murray. Company turn-around specialist Donald Muir was elected to the board in October and i
  3. On the morning of Monday December 7th, thousands of Rangers shareholders will again converge on Ibrox Stadium to find out the latest information about the club. Most directors will be there - including new chairman Alastair Johnston and alleged Lloyds Bank stooge Donald Muir - so this will be the supporters' chance to question them on recent events. Obviously there has been a lot of debate in the media about the current situation at the club. Why did Sir David Murray step down? Is Alastair Johnston really in control? What influence do the bank have on the business? What part does the
  4. IAN DURRANT claims Walter Smith stands on the brink of pulling off his greatest achievement with Rangers. The Ibrox coach has given a rare insight into his gaffer's defiant state of mind as he tackles the club's crippling financial crisis. He predicts history will one day portray Smith as the saviour of Rangers - in the same way Fergus McCann was credited with hauling Celtic back from the verge of ruin in the summer of 1994. Durrant's position as Smith's sidekick in the stand has given him a unique insight into what makes the nine-in-a-row boss tick. He describes the 61-year-ol
  5. RANGERS chairman Alastair Johnston has confirmed what SportTimes told our readers nearly a fortnight ago - Lloyds Banking Group will take drastic action at the end of the season if no buyer can be found for the Ibrox club. New Gers supremo Johnston flew from his base in the USA to Glasgow this week before heading out to Romania for the club's Champions League showdown with Unirea Urziceni in Bucharest. Hours before that game he outlined the worst-case-scenario the Scottish champions face to a group of corporate fans who were attending the game. Speaking at the team hotel before kic
  6. The MIH accounts have been delayed until towards the middle of next year, so I thought I would take a quick look at a couple of major problems that they may be having, based on the last set of accounts that they issued as at January 2008. Property values/net assets Net assets (total assets less total liabilities) in the accounts were shown as �£157m. Included in this is property of �£545m. Commercial property values have fallen 30% since the start of 2008, which would equate to �£163m. If this new valuation was applied to the 2008 accounts then the Murray group would have ne
  7. Published on 1 Nov 2009 Talks have been held about inviting thousands of Rangers supporters to help fund a rescue package for the financially-stricken club. South Africa-based millionaire Dave King remains the leading contender to buy out current owner Sir David Murray, with his intentions expected to be revealed this month. Scotland-based businessmen Douglas Park and Paul Murray have also been linked to a joint bid with Mr King to rescue Rangers, who are �£30million in debt, but no moves have yet been made. But the Sunday Herald can reveal that tentative talks have taken pla
  8. An article by Contacts on RM, which hopefully he doesn't mind me reproducing. ================== If anyone ever doubted how much a Rangers man Walter Smith is then Saturday and the last couple of days again proved beyond doubt his love for the club. For 9 days now our club has been torn to shreds by Donald Muir and Lloyds yet Walter has put the club before himself and brought the subject out in the open when everyone else has been denying it. I have it on very good authority that our club has had a torrid time of since Mr Muir joined the club as director and hatchet man for the b
  9. DAVID Murray jnr last night insisted his father's company are still in charge of operations at Rangers and claimed "frustration" prompted Walter Smith's observation that Lloyds Banking Group are now running the financially-troubled Ibrox club. Smith yesterday refused to elaborate on his weekend comments, the manager even threatening to walk out of his broadcast media conference at Murray Park unless questions were restricted to tonight's Co-operative Insurance Cup quarter-final against Dundee at Dens Park. Lloyds later issued a statement denying they are in control of Rangers, who are current
  10. Exclusive By Darryl Broadfoot WALTER SMITH has reacted furiously to the Lloyds Banking Group statement released yesterday that implies the Rangers' manager lied about the bank's control of the club. The Evening Times understands Smith was apoplectic at the wording of the bank's response to our exclusive revelations yesterday. They outlined the critical condition of the club, the growing influence of the bank in its affairs and the split that has emerged within the boardroom. advertisement Smith feels he has now been left in an impossible position and conveyed his deep unhappiness
  11. From the Evening Times. It mirrors TannochsideBears thread. Dire Straits!
  12. I got a call this morning from someone who has confirmed to me that the above article written by Darrell King has the true story 100% spot on. He told me who his source was that is quoted and why he was involved in the story. I also hear that Murray is a busted flush and has been holed up in Perthshire for the last 3 weeks unable to run any of his businesses, as the property crash has had disastrous consequences on his portfolio and the bank have had enough. Dave King is close to buying the club, but the haggling from Lloyds is preventing this from taking place. King is wanting the ban
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