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http://www.telegraph.co.uk/sport/football/teams/rangers/11315517/Rangers-are-facing-an-impending-crisis-on-and-off-the-field.html Rangers go into 2015 in a state of crisis greater than anything they have faced since they began their attempt to march through three divisions and regain top-flight status in Scotland. The weekend defeat by Hibernian at Easter Road not only effectively ended their frail hope of challenging Hearts for automatic promotion to the Scottish Premiership, it also confirmed that the Ibrox side are in poor shape for the play-offs. Rangers trail Hearts by 15 points and to put themselves in a position where they could be promoted without having to take anything from their final fixture – against the leaders at Tynecastle – they would have to make up more than a point per game on Robbie Neilson’s players throughout the second half of the season. The evidence of the league meetings with their most likely play-off rivals – Hibs and Queen of the South – is that Rangers would struggle in a play-off sequence against them. They have been beaten home and away by Hibs 7-1 on aggregate and if the games against Queens had been a two-legged tie, the 4-4 score would have seen Rangers lose on away goals. Of course, past results are no guarantee of future performance – a dictum that applies in football as it does to the stock market – but Rangers are in disarray in both arenas. Kenny McDowall, having been told that he will replace Ally McCoist as manager until at least the end of the season, uttered a harsh truth after the 4-0 weekend defeat by Hibs. “At the moment I am just going to have to work with the squad that is there. I can’t just invent players,” he said. Derek Llambias has not yet cut the playing strength in his drive to reduce the £8 million annual deficit at Ibrox but a dozen or so players are out of contract at the end of the season and have no idea whether or not they will be offered continued employment. It can be argued that this should be a motivational tool and that those footballers should be performing as though their careers depended on the outcome – which, in some cases, will be true. Related Articles Rangers' post-McCoist era off to a shocker 27 Dec 2014 Miller laments Rangers' defensive waekness 27 Dec 2014 McCulloch: 'Let’s do this for McCoist' 26 Dec 2014 SFA 1, Mike Ashley 0 24 Dec 2014 However, when Terry Butcher warned Hibs’ below-par players last season that they would have to step up or ship out, the result was the collapse which saw the Easter Road team relegated. There has been no indication that McDowall can add to his strength during the January transfer window and, in any case, the fact that Rangers have the highest player salary bill in Scotland outside Celtic hardly suggests Llambias could make a case to Mike Ashley for greater funding in that department. In any event, Ashley now has troubles of his own at Ibrox. His long-term strategy of making the club dependent on his funding – emergency loans secured on assets – has given him control of a compliant board but the grand plan has run into obstacles. Llambias told the club’s Fans Board that it would be “very difficult” for the directors to regain the trust of the support. Yet at the subsequent annual general meeting David Somers, the Rangers chairman, produced an ill-judged display of bluster that has wholly alienated him from the fans. The outcome was cemented by The Telegraph’s disclosure of an email in which Somers pleaded with an Ashley representative to keep the Newcastle owner’s takeover process on course – in the face of a competing £16 million offer by Dave King – so that he could remain chairman. The AGM also featured the bizarre spectacle of club directors proposing an open share issue of £8 million and then voting against it, a tactic that can only be explained by a mistaken belief that the Scottish Football Association would grant Ashley his request to exert complete control at Ibrox by increasing his shareholding to 29.9 per cent. The SFA’s refusal to do so has generated a challenge to Ashley’s hegemony from the consortium of wealthy Rangers supporters – Douglas Park, George Letham and George Taylor – who have proposed an offer to underwrite the share issue to the tune of £6.5 million. The question for Ashley is whether he maintains his own percentage stake by putting more money into the club – and having to agree to the consortium’s demand for board seats – or find some way of presenting alternative funding which would dispense with the need for the share issue. Either way, the immediate outlook for a dysfunctional club is turbulent. Ashley and Rangers must answer SFA disciplinary charges that he has extended his influence beyond the terms of the written undertaking he gave. And – perhaps most ominously of all – in five weeks Rangers face Celtic in a Scottish League Cup semi-final. That is a prospect which – after Saturday’s collapse – has Ibrox fans fearing the damage that could be inflicted by their greatest adversaries.

Is someone at our club taking the piss? Coach of a 20s Rangers Team one step away from 1st team,lose 6/1 against them and gets promoted to 1st team coach,complete pantomine our club has become

Apparently today's top table location...

Another year,.... another AGM,.... another NOMAD,.... more New Directors,..... more Pay-Offs,.... more court cases,.... more business reviews,.... another Corporate Soap Opera.......... and another CEO. When was Derek Llambias first link, involvement or similar with Rangers ? Was it when he entertained Brian Stockbridge at the Five star Mar Hall last month ?....Obviously not, but Stockbridge features again a little later. http://www.scotsman.com/sport/footba...idge-1-3605063 Was it when he came up to Ibrox in early 2013, to help Charles Green sell the idea of renaming the stadium to the Rangers fans at Ibrox ?..... (He didn't mention that his boss had already agreed a deal for a one pound coin)..... maybe it was, maybe it was prior to that when Ashely was first dealing with Charles Green in his initial consortium ? There is one curious event that took place back in the end of 2012 that some of you may already know about. The CRO did some excellent work on it. A little background The Mike Ashely spin doctor is named Keith Bishop and his firm is called Keith Bishop Associates (KBA). On their webpage, they name Rangers as a client. http://www.kbapr.com/our-clients/sports/ Derek Llambias was a director of Keith Bishop Public Relations Limited, apparently from early 2012 until not long before he became a non-executive director at RIFC on the 3rd of November this year. On the regulatory notice it listed KBPR as a "past directorship and other positions" http://rangers.g3dhosting.com/regula...ws_article/411 Adam Llambias, son of CEO Derek , also works or worked for Keith Bishop Associates. Many Newcastle United fans believe Bishop got the Newcastle work through Llambias. In PR ranking, he's not top tier and they wonder why Ashely sticks with him and that Bishop makes a hash of the Newcastle PR. Now we come to the curious........An invoice dated 13/12/12 was sent to Rangers by Keith Bishop Associates for the first quarter of 2013. They were told by then Finance Director, Brian Stockbridge, that invoices from KBA had to be paid despite no explanation being provided about what work KBA had done for Rangers. At this point I'll C&P the excellent and informative CRO article . Stockbridge, Green, Ashely and Llambias seem to have been 'partners' in a fair few things along the way and so far I'm not seeing anything beneficial to Rangers.

RNS Number : 4108A Rangers Int. Football Club PLC 22 December 2014  Rangers International Football Club plc ("Rangers" or the "Company")
 
AGM Statement As previously announced, the Company's Annual General Meeting will be held at 10:30am today, Monday 22 December 2014, at Ibrox Stadium, 150 Edmiston Drive, Glasgow G51 2XD. Access will be through Exit 30 of the Broomloan Stand which is adjacent to turnstile 64. Shareholders will have access to the Albion car park with access to the Stadium footprint for disabled Blue Badge holders to park near the entrance. Shareholders are asked to arrive in good time from 9am in order to clear the registration process. Shareholders should bring the attendance card which was included with the Notice of AGM, posted to registered addresses on 28 November 2014. In the event that the attendance card is lost, Shareholders should bring some other form of ID (a credit/debit card will suffice). Shareholders whose shares are held in a nominee account with their stockbroker will need a Corporate Representative's letter (issued by the custodian of their shares) in order to be admitted. Non-shareholders including guests of shareholders, will not be admitted. The meeting will consider the 9 Resolutions set out in the Notice of AGM, each of which will be subject to a vote by Poll, which will be verified by Capita Registrars Limited. The result of these Resolutions will be released to the London Stock Exchange by no later than 7am on Tuesday 23 December 2014. At the AGM the Chairman, David Somers, will make the following statement: "Welcome Ladies and Gentlemen to this Annual General Meeting of Rangers International Football Club plc. It feels like years since I last stood in front of you and it is amazing that it is only just over 12 months. 12 months ago, as I had just joined the Rangers Board, I was given the impression that the Club had enough money to see it through the first few months to the season ticket window. Sadly, I quickly discovered that this was not the case. The Board then began metaphorically to take up all of the carpets; after which we were left with a very long list of legacy issues that needed to be sorted out, often as our finances would allow. So in the first few months, we reviewed all of the contracts, the finances and the legal issues, ending up with a long list of legacy issues that would need to be dealt with over time. Since then we have spent many months focusing on these legacy issues dealing with them one by one. To be honest, it is frustrating dealing with legacy issues, because you are effectively looking backwards during this time and dealing with issues you didn't create yourself. I know that most fans will not really be interested in such efforts, because it is not about football, but these legacy issues and contracts have had to be dealt with so that we can begin to move forward. I was always taught to be cautious, so I hesitate to say that we have dealt with all of these legacy issues, as whenever I think that, another legacy issue quietly appears, but we do seem to have addressed many or most of them. One of our biggest remaining legacy issues is the weak state of the Rangers finances. In the financial area, we have been fortunate that a number of people have supported us with loans during the last 12 months, namely Sandy Easdale, George Letham and Mash Holdings. I sincerely thank them for their support, which in some cases, has included their loans being interest free. In the early days, while developing our list of legacy issues to be addressed, Graham Wallace wrote a review, which became known as the 120 day review. In this he indicated a desire to spend £20-30 millions in reaching the top levels of Scottish and European football. After visits to various City institutions the Board believed that such a level of expenditure would be supported by the City institutions, and the then monthly rate of loss, would also be supported by the shareholders. In the event, this was discovered not to be the case, because when we came to raise funds through a share issue, we soon found that there was a lack of appetite from shareholders to invest significant extra funds just to pay wages and utility bills. Accordingly, we have moved to cut costs significantly. Like any household, Rangers can ultimately only spend what it earns and, as has been reported in the media, we have moved quickly to bring our costs down and much more in line with our income. Rangers Football Club has been living beyond its means for many years and much of the cost cutting and efficiency improvements should have been addressed years ago by previous boards when we were in the lower divisions. But they weren't, so we are doing it. A material part of our costs relate to player costs, however, and these can only be addressed over a long period of time because of the length of the contracts. These contracts are often measured in years, not months. In these past 12 months, I have been surprised at a number of things. Firstly, the highly negative aspect of most of the media reporting regarding Rangers. Secondly, because it is clear to me that a stronger Rangers is good for Scottish football, I have been very disappointed to realise that outside of Ibrox, there sadly still exists a great deal of anti- Rangers feeling, perhaps (although I hope not) even in the football establishment. Rangers return to the top flight of our game, I am sure you will agree, will be more easily achieved if everyone who cares about the Club works together for the betterment of Rangers. This turbulent year has seen people calling for a season ticket boycott, seen the disruptive creation of a season ticket trust for a while and other negative ideas. Such negativity is expensive for Rangers as it reduces season ticket and overall ticket sales, increasing the likelihood that I will have to borrow money to cover the shortfalls created. Our path to restoring Rangers to where we all want the Club to be, can only be achieved with the continued support of all supporters, shareholders and business partners. 2013/14 saw Rangers Football Club complete the second stage of our rise back to the top of Scottish football and the year also brought another vital component for a new Rangers to emerge for the future - a structured and measured approach to rebuilding the football club. An unbeaten SPFL League One campaign was an excellent return for Alistair, his staff and the players and they deserve our congratulations. While we were all ultimately disappointed to have been defeated in both the Ramsdens Cup Final and the William Hill Scottish Cup semi final, our fundamental objective of achieving promotion was comfortably achieved with a points total into three figures. I was delighted that the Board was able to further support the Manager in providing funds for the recruitment of nine players in 2013/14 and also in the period immediately after the end of the financial year when we brought Kenny Miller, Kris Boyd, Steve Simonsen and Lee Robinson back to the Club, together with the signings of Marius Zaliukas and Darren McGregor. While the success of any major football club will always be benchmarked by its first team, a strong Youth Academy is also an informative barometer of long-term health and well being. It is very pleasing to see the quality and quantity of young talent being nurtured at Murray Park. Last season our Under20s won the SFA Youth Cup and narrowly lost out in the title race in the final week of the campaign. 57 players from our Under 14 to Under 21 age groups were called into international squads and three more Murray Park Academy graduates made their first team debuts. The ladies and girls teams have come a long way in a short space of time, enjoying significant success. In season 2013, the Ladies reached the semi final of the Scottish Cup, The Under 17s team secured the league, Scottish Cup and League Cup treble, the U15s and U13s finished second in the leagues and a new U11s team has been introduced. Internationally, the Rangers ladies teams have contributed 22 players to the Scotland teams across all age groups. We are charting our future strategy in the five key areas of: • Developing Football Performance • Focus on Player Asset Management and Youth Development • Re-connecting effectively to our Local and Global Fan Base • Developing Best in Class Commercial and Operational Capability • Strengthening Commitment to our Communities The year also saw Rangers make the first, important steps towards building an effective programme of engagement with our fan base. Fans were contacted via email, SMS, online and at matchdays to assist in our Ready To Listen Initiative, showing we are serious about improving communications and dialogue with all supporters. Subsequent focus groups took place in Ibrox with feedback generated helping to shape the direction of the Club's fan engagement strategy. I think that we would all agree that we still have work to do in this area and one in which we must increase our endeavours. Although we have experienced difficult trading conditions, there have been a number of important and positive, developments in our fiscal position during the financial year. A 32% increase in total revenue from £19.1m to £25.2m was recorded in the year ending 30 June 2014, with the majority of the uplift due to the first full year of our retail venture with our long term partner Sports Direct. Reduced revenues from gate receipts and hospitality are down from £13.2m to £12.4m and were a direct result of the lower matchday attendances from both season ticket holders and walk-ins. This shortfall was offset by increased revenue from sponsorship and advertising up from £0.8m to £1.5m illustrating the improvements in the Rangers brand perception. Proceeds from ticket sales were also adversely impacted by the decision not to increase prices of either season or matchday tickets from the previous season. Season ticket sales were sadly down from 38,228 in 2012/13 to 36,039 in the 2013/14 financial year, resulting in a fall in revenue from £8.1m to £7.7m in financial years 2012/13 and 2013/14 respectively. Our average home league attendance also fell from 45,111 in the 2012/13 season to 41,444 in 2013/14. Other Operating Income rose from £1.7m to £2.1m, a 22% increase, mainly as a result of hosting both Scottish Cup Semi Finals and an increased associated uplift in matchday catering revenues. At this AGM, we are requesting permission from shareholders to enable us to issue shares to improve the long term financial stability of the Club. We were not able to last year and I sincerely hope, for the good of the financial stability and future of the Club, that it will be forthcoming this year. We are now increasingly looking forward. An immediate priority is to re-build the Board with suitably experienced people and this is already well underway. We also need to look at the football side for a number of reasons. Firstly, there has for some time existed a chasm between the talented young players being developed at Murray Park and our first team. We need to focus on ways of developing our own young players for the first team rather than continually buying-in players. Secondly, as you all know Ally has decided to resign and has given us the required 12 months notice of his intention to leave the Club, as of yesterday Ally is on gardening leave. Sadly, this year, one of our greatest ever supporters will not be with us on the rest of our long journey. In April we lost Sandy Jardine - a truly inspirational man and Ranger. I had the privilege of meeting him a number of times before he left us and I found him to be one of football's true gentlemen. Sandy will be forever revered and the re-naming of the Govan Stand in his memory is a fitting tribute to a truly wonderful person who cared so passionately about his Club. My personal goals remain what they were 12 months ago. Namely to ensure that the events of Rangers' recent past can never happen again; to cleanse the Club of these events, and also to ensure that Rangers gets back to the top in football. I now recognise that we will not get much support outside of Ibrox for this; we have to do it ourselves. And we will. Last year I said that I was proud to be Chairman of Rangers. I will repeat that again today, because I genuinely believe it is a privilege to be in this position." http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12192436.html

From club website. AS previously announced, the Company's Annual General Meeting will be held at 10:30am on Monday 22 December 2014 at Ibrox Stadium, 150 Edmiston Drive, Glasgow G51 2XD. Access will be through Exit 30 of the Broomloan Stand which is adjacent to turnstile 64. Shareholders will have access to the Albion car park with access to the Stadium footprint for disabled Blue Badge holders to park near the entrance. Shareholders are asked to arrive in good time from 9am in order to clear the registration process. Shareholders should bring the attendance card which was included with the Notice of AGM, posted to registered addresses on 28 November 2014. In the event that the attendance card is lost, Shareholders should bring some other form of ID (a credit/debit card will suffice). Shareholders whose shares are held in a nominee account with their stockbroker will need a Corporate Representative's letter (issued by the custodian of their shares) in order to be admitted. Non-shareholders including guests of shareholders, will not be admitted. The meeting will consider the 9 Resolutions set out in the Notice of AGM, each of which will be subject to a vote by Poll, which will be verified by Capita Registrars Limited. The result of these Resolutions will be released to the London Stock Exchange by no later than 7am on 23 December 2014.

Drew Roberton, general secretary of the Rangers Supporters Association, admitted his sympathies probably lie with the board in the stand-off with the club's manager, Ally McCoist. McCoist, who has handed in his 12 months' notice, met chairman of the football board Sandy Easdale and director Derek Llambias on Wednesday. But they did not agree on a deal to end his three-and-a-half year reign now. "I've probably got more sympathy with the board in this one," said Roberton. "Ally as a player and as a manager has been well rewarded and I'm quite sure he will have other irons in the fire. "It's a really unsatisfactory situation at the minute and I would hope that the board and Ally can sit round the table and come to some amicable arrangement." By tendering his resignation on his 12-month rolling contract, McCoist has created a dilemma for the Ibrox hierarchy. They must either pay him off with a settlement, bring in a replacement but continue to pay him on so-called "gardening leave", or leave him in position to run down his contract. The lack of cash at Ibrox and the faltering performance of the team in the Scottish Championship makes the decision even more difficult. McCoist could opt to leave without a pay-off but that is not a scenario Roberton reckons will happen. He told BBC Radio Scotland: "There are others who have contributed a lot less to the club but who have walked out with large cheques in their pocket, so if Ally is contractually entitled to a pay-off then why should he go without one? "Yesterday's meeting turned out to be a non-event. You have two parties sitting round the table trying to protect their own interests." With supporters now staying away from Ibrox, the Rangers board will be keen to see how many fans attend the home game against Livingston on Saturday, and Roberton frets about the effect of the impasse on the players. "I don't think yesterday's decision will do much to encourage an increase in attendances," he said. "It is difficult to believe that the players will go out there fully motivated knowing that the manager is unhappy in his position and perhaps doesn't really want to be there. "Something's got to give and I imagine this will be a topic at the AGM." Rangers will hold their annual general meeting on Monday. http://www.bbc.co.uk/sport/0/football/30527980

hi bears, i have a rangers legend and a loyalist singer in the bar on friday, all bears welcome free entry, the rangers legend just wants it low profile thats why i havent given out his name . you wont be disapointed thats a cert.

we have now added, k perez ,zenden,and bosvelt. to the away team , and t buffel to the home team,

International Football Club plc ("Rangers" or the "Company") Scottish Professional Football League Limited ("SPFL") Claim. The board of the SPFL has determined that Rangers Football Club Limited (the "Club") is liable to pay the EBT Commission fine of £250,000 levied on RFC 2012 PLC (previously The Rangers Football Club plc) (in liquidation) The SPFL has also decided that this sum will be recovered from the Club by the SPFL withholding broadcasting money and other sums due to the Club but which are paid in the first instance to the SPFL. An appeal has been lodged with the Judicial Panel of the Scottish FA which has confirmed that the decision of the SPFL is suspended pending the outcome of the appeal subject to the SPFL's right to object. The Board is advised that the sum is not due to SPFL and the appeal will be pursued vigorously.

I never thought he really wanted to sell Newcastle? http://www.telegraph.co.uk/sport/football/teams/rangers/11295462/Mike-Ashley-could-control-Rangers-and-Newcastle-United-within-weeks.html

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12183967.html Who in the name of hell thought up this idea ? Put in your notice and receive a significant increase in salary ?

The emergence of Mike Ashley as the key shareholder in Rangers has raised many questions on what his exact intentions are. Some are of the opinion that billionaire Ashley will invest millions into Rangers which sees us dominate Scottish Football and participate in the Champions League. The conflicting aspect of Ashley investing in Rangers is the fact he has complete control of the income generated by the sale of club merchandise and the £1 stadium naming rights, although denied in certain quarters as scaremongering, was only just revoked after pressure to comply with possible fiduciary duties. Why invest millions when he’s taking money out of the business?........... http://www.therst.co.uk/mike-ashley-what-are-his-intentions/

Reading on Twitter and other forum that a 9th minute anti Ally protest has been planned. Lots of discussion for and aginst, what I can't find is who is organising it? Any ideas or is it a non event?

http://www.gersnet.co.uk/index.php/latest-news/299-an-open-letter-to-ally-mccoist Also available in the print edition of the Scottish Daily Mail (5/12/2014)

Thanks to our friends at WATP Magazine we're delighted to offer Gersnet forum members the chance to win a pair of tickets to one of the Lorenzo Amoruso nights at The Louden Tavern this Friday or Saturday! To enter the competition you must have been a registered forum member before this thread was posted and all you need to do is post on the thread here to say that you're definitely available on either Friday or Saturday night and that you'd like to win this pair of tickets to go along to the event. It goes without saying that the competition is only for the pair of tickets. No travel expenses or booze are included! The competition closes at 6pm on the 27th (tomorrow), after which the forum usernames of everyone who posted here to say they want to go will be put into a hat (quite literally!) and a winner will be drawn and announced before 7pm. Note: If you enter, then please make sure your current email address is up to date in your forum Settings so that you can easily be contacted!

...in yet another dramatic day for the club. Sports Direct owner seems certain to strengthen his grip on Rangers as club lurch from one crisis to another...on and off the field. By Roddy Forsyth If an hour passes without some new development in the Rangers story — the most lurid saga to emerge from any British football club, ever — it counts as a quiet day. Scarcely had Telegraph Sport spread the overnight news that disgraced former owner, Craig Whyte, had been detained after being on the run in Mexico than we revealed that Uefa will not permit Rangers and Newcastle United to play together in Europe next season or for as long as Mike Ashley is in a position of power in both boardrooms. Of Ashley’s position and ambitions, more later. Neither the Champions League nor Europa League is foremost in Rangers fans’ minds. Last weekend’s 2-0 defeat by Hearts not only saw Ally McCoist’s players trail by nine points in the chase for automatic promotion to the Scottish Premiership, but it also emphasised the contrast in form with their main divisional rivals. Hearts’ total of 38 points from their opening 14 games is their best start to a league campaign. Hibs, meanwhile, have run up five successive away league victories for the first time since September 1980. To say McCoist is under pressure is to say what? Unless he walks away — that loaded phrase in the context of Ibrox — there is not sufficient cash to pay him off. As matters stand, the club will have to rely on another bailout from Ashley just to keep them going beyond New Year. There is increasing talk around the Scottish game that Rangers are heading into administration again. Some discount the notion on the grounds that the consequent automatic points deduction would condemn Rangers to a fourth successive season of lower league football which, they believe, would run contrary to Ashley’s aim of increasing club merchandise sales though his Sports Direct retail chain. Related Articles A more arcane theory has it that Ashley would accept administration as a short-term hit because it would shake out other contracts and allow him, as a major creditor, to bid for the club on the cheap. There is a third, more plausible option. Ashley’s lawyers are engaged in a low-key, but crucial positional battle with the Scottish Football Association. Ashley’s people want to find a way for him to increase his shareholding at Ibrox and Telegraph readers will remember that the idea of him taking his stake up to almost 27 per cent was floated in September. The SFA signed a binding agreement with Ashley, anchored in their Articles of Association, designed to keep him at 10 per cent or below. However, as money repeatedly runs out at Ibrox, Ashley either gets to increase his grip through security on the assets, with the SFA watching impotently, or he holds back, knowing that Scottish football’s governing body could be put in the invidious position of taking the blame for another insolvency event. And all of this is played out against a background of dawn swoops by police in southern England, as they arrest the former Rangers company secretary and three managing directors of Duff & Phelps, the company that oversaw Rangers’ administration in 2012. How tempting it is to conjure the fantasy that a posse of gun-toting Federales bore down on Whyte at the Mexican airport, to be greeted with a demand to show their ID, only for them to yell the immortal misquote from The Treasure of the Sierra Madre: “We don’t need no’ stinking badges!” Remember Ashley’s condition for advancing the soft loan that was rebuffed by the Rangers plc board in September? The club crest and trademark? Somebody does need the badges – and it looks unlikely that anybody can or will stop him now. Meanwhile, Rangers have confirmed Telegraph Sport's disclosure last month that the club would post losses of over £8 million in the accounts for the year to June 30, 2014. The figure given when the accounts were posted on the club’s website was £8.3 million. David Somers, the Rangers chairman, commented "…challenges still remain and despite additional financing having been secured over the year, further funding is necessary to ensure the club's ability to move forward successfully to achieve the goals we all seek and expect of Rangers Football Club. "To this end the board will be seeking shareholder approval at the forthcoming AGM to issue additional shares to ensure maximum flexibility for the company to raise equity finance and provide the financial capability required to develop the club in the longer term.” http://www.telegraph.co.uk/sport/football/teams/rangers/11259511/Mike-Ashleys-Rangers-swoop-overshadows-Craig-Whyte-dawn-raids-in-yet-another-dramatic-day-for-the-club.html

Half inched from FF http://www.shareprophets.com/views/9...e-china-frauds Daniel Stewart (DAN) is still listed on AIM - though its shares are currently suspended - but it clearly does not give a monkeys about disclosure rules because it has yet to issue an RNS to the LSE saying that it has lost its license to be a Nomad. All bar one of the Qualifying Execs at Daniel Stewart has already left and the last remaining one is off to Cairn Financial shortly. Thus not having the minimum 4 QEs Daniel Stewart has today written to all its corporate clients saying they need a new Nomad by 12th December or their shares will be suspended. Daniel Stewart will struggle on as a corporate broker but as it tries to secure an emergency refinancing it faces a life without the lucrative fees it has earned for floating frauds like Naibu (NBU) and Quindell (QPP) in recent years. It looks rather bleak and one wonders if the champagne Christmas party on December 11 will now be a wake.

http://www.rangers.co.uk/images/FansBoard/Minutes/RFB_Minutes_061014.pdf

http://www.dailyrecord.co.uk/sport/football/rangers-blazers-war-dave-king-4670042

...and says manager Ally McCoist is being 'hung out to dry' by the board. THE former boss gave a withering assessment of the men at the top of the marble staircase and claimed they’ve hung McCoist out to dry. WALTER Smith last night accused the Rangers board of making Ally McCoist the worst prepared manager in their history. The former boss gave a withering assessment of the men at the top of the marble staircase and claimed they’ve hung McCoist out to dry. Smith spoke out in strong support of McCoist in Glasgow in front of an audience of 750 at a question and answer session during a charity dinner. The ex-chairman accused the current regime of failing to back the boss and said boardroom instability is also hampering the team. Asked to reflect on the work of McCoist, who was at the event, Smith said: “Ally will need a little help – in the last three years he has had none whatsoever. “I was fortunate enough to be given great support by the likes of David Murray with the signings I was allowed to make. “People are casting aspersions on Ally’s ability but if I ever had doubts about him I would never have recommended him for the job. “No club can be successful until it is well run from the top, it’s the single determining factor in how well the team plays. “I wish Ally could be given that opportunity but it isn’t being afforded him. Ally is bearing up well under the worst circumstances under which any Rangers manager has had to work.” Smith also turned on former owner Craig Whyte when asked if he was still happy with his decision to step away from the club three years ago. He said sarcastically: “I was quite happy to leave Rangers in the hands of Craig Whyte – well, he was a billionaire, after all. “Where is he now? Costa Rica or somewhere? The wee b******.” Meanwhile, Dave King claims Sandy Easdale was as concerned with his seat on the board as investment in the cash-strapped club. Easdale has labelled the South African-based tycoon’s plan to invest £16million a phantom bid driven by self-promotion. The bus boss and Rangers board snubbed King’s offer and a £3m loan from Brian Kennedy, instead taking a £2m bailout from Mike Ashley. Now King has hit back and said: “When I spoke to Sandy on my recent trip to Scotland his main concern was whether, after investment by our consortium, he would still be involved with the club. “I confirmed we had no immediate intention to remove him or his brother from board involvement. This was clearly not enough to gain his support.” http://www.dailyrecord.co.uk/sport/football/football-news/craig-whyte-wee-b-walter-4665444

https://twitter.com/Herald_Editor/status/535213375333359618/photo/1

After 3pm apparently for those on Sky Go or in the house! He's going to be explaining the Ashley loans... Comments: - David Somers claims Dave King consortium investment offer was breaching regulatory requirements so rejected them at 'Stage One'. - Somers claims 8 people were in King consortium but SA businessman refused to provide names and proof of funds. - Somers said that King was prepared to offer up 3 names before giving the rest if agreement made in principle. - Stage Two represented comparing Ashley and Kennedy bids whereby former was approved due to better deal on interest and security - Somers also claims Rangers make a lot of money from existing retail deal with Mike Ashley.

Keith Jackson saying that Brian Kennedy will reply to Somers interview comments tomorrow.

A super legend as a player but why is he allowed to still be manager....1 or 2 results could be swept under the carpet but the following shows he isn't the man. Peterhead 2-2 Rangers Berwick 1-1 Rangers Annan 0-0 Rangers Stirling 1-0 Rangers Rangers 1-1 Elgin Rangers 1-1 Montrose Stirling 1-1 Rangers Rangers 1-2 Annan Rangers 0-0 Stirling Montrose 0-0 Rangers Rangers 1-2 Peterhead Rangers 1-1 Stranraer Rangers 3-3 Stenhousemuir Raith 1-0 Rangers (cup final) Forfar 2-1 Rangers Rangers 1-1 Albion Rangers 1-3 Dundee Utd Brora Rangers 1-1 Rangers Ventura Fusion County (no laughing at the back please) 3-1 Rangers Rangers 1-2 Hearts Alloa 1-1 Rangers Rangers 1-3 Hibs Rangers 1-1 Alloa