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  1. http://www.dailyrecord.co.uk/sport/football/rangers-boardroom-battle-dave-king-5100588 DAVE KING will outline his vision for the future tomorrow as the Battle for the Blue Room gathers pace. King has called a press conference in Glasgow city centre where he is set to confront the challenges facing the club, now under the grip of Sports Direct tycoon Mike Ashley.
  2. Another record for Deadline Day? Five players to boost the squad, are you a happy Bear?
  3. Glasgow Rangers bidding to sign clutch of Newcastle United fringe players on deadline day Glasgow Rangers are hoping to tie up a multiple loan deal for a clutch of Newcastle United fringe players on deadline day. The Ibrox club are eager to bolster their squad in order to keep a tight grip on the Scottish Championship play-off spot they are currently occupying. With Hearts the runaway leaders, Rangers’ hopes of promotion will go up in smoke if they slip out of second place with Hibernian breathing down their neck. Now Rangers hope to sign some of United’s fringe players which could see the likes of Haris Vuckic, Gael Bigirimana and Kevin Mbabu going north of the border. Today is the last day that international loan deals can be completed and that includes moves to Scotland. I haven't a clue about these players, but I'm sure they'll be better than what we have at the moment. http://www.chroniclelive.co.uk/sport/football/transfer-news/glasgow-rangers-bidding-sign-clutch-8561228?
  4. I was never going to get a chance at Rangers says Ryan Finnie as he signs on for Partick Thistle 14:56, 29 January 2015 By Euan McLean THE full-back, 19, joins the Firhill club until the end of season in bid to grab first-team action as Murray Park kid exodus continues. Ryan Finnie in action for Rangers Under-20s RYAN FINNIE signed for Partick Thistle today after realising he was never going to get his big chance to shine at Rangers. The 19-year-old full-back has joined the Firhill club until the end of the season after negotiating a release from his Ibrox contract to boost his search for first-team football. Now Finnie, who came through the youth ranks at Hamilton before joining Gers last March, hopes to shine for the Jags in the second half of the season to show he is ready to take his career to the next level. FInnie said: “Being a young player I couldn’t see any way to break into the team at Rangers with them not doing so well as they should have been. So I’ve come here hoping to get an opportunity to prove myself. “This is a good chance for me to progress and start getting some game time."
  5. We are f----d. 27 January 2015 Rangers International Football Club plc ("Rangers" or the "Company") £10m Credit Facility and associated transfer of 26% of Rangers Retail Limited The Board of Rangers announces that Rangers Football Club Limited ("the Club") has entered in to agreements with independent.co.uk/news/business/news/sports-direct-stops-20000-staff-taking-other-work-by-using-zero-hour-contracts-9661746.html Retail Limited and associated companies ("SD"), to provide a long term on-going credit facility of up to £10m (the "Facility"). The Company's financial condition has been perilous for a number of months exacerbated by lower than expected match attendances. The Directors have implemented a cost cutting program with which they have made significant progress. There is however an immediate need for a substantial injection of capital, and the Directors have considered a number of options. The terms negotiated with SD (which are reversible in respect of the Facility) represent the optimum combination of quantum and duration of funding, allowing the Company time to arrange permanent capital which can be used for strengthening the playing squad. The Facility is structured in two separate interest free tranches. GBP 5million will be available immediately for working capital purposes and for the repayment of the credit facilities with MASH Holdings Limited which was entered into on 27 October 2014. All rights and security associated with the MASH facility will be cancelled. The Club will transfer 26% of the share capital in Rangers Retail Limited ("RRL") to SD for the duration of the Facility (the "Transfer"), which will be transferred back, at no cost, upon repayment of all outstanding sums owed by Rangers and its subsidiaries to SD. There is no specified repayment period for the first tranche of the Facility. The Facility is to be secured by (1) a floating charge over the Club's assets and (2) fixed charges over Murray Park, Edmiston House, Albion Car Park, and the Club's registered trademarks. None of the security that is being given to SD covers Ibrox Stadium, which is specifically excluded and remains in the full ownership of the Club, free from any security. SD will also have the right to nominate two directors to the board of Rangers for the duration of the Facility, any such nomination will be subject to regulatory consent pursuant to the AIM Rules and other regulatory bodies. If the entire sum drawn down is repaid, the Facility will be deemed to be terminated, all security will be released, the 26% of RRL will revert to the Company and all rights of SD to nominate Directors to the Board of the Company will cease. The second tranche of GBP5 million, which repayable 5 years after drawdown, will be used, if required, for working capital purposes and is subject to due diligence by SD prior to drawn down. The Company has also agreed that from the 2017/8 season, for the duration of the Facility, any future shirt sponsorship proceeds will be for the benefit of RRL. RRL will declare a dividend of a total of GBP 1,610,000 prior to the Transfer. The Club will use the proceeds of its share of this dividend, inter alia, to repay sums owing to SD in respect of the cessation of onerous leases on unprofitable stores entered into by a previous Rangers management team. RRL is a joint venture between the Club and SD whose business is selling merchandise both on-line and in stores. In the period ending 27 April 2014, RRL made a profit before tax of GBP 1,172,893. SD is a Related Party under the AIM Rules and accordingly the Facility is a Related Party Transaction pursuant to AIM Rule 13. The Independent Directors, consider, having consulted with WH Ireland its nominated adviser, that the terms of the Facility are fair and reasonable insofar as shareholders of the Company are concerned. The Directors would like to thank all the Rangers Stakeholders who showed an interest in helping the Company. Commenting on the Facility, David Somers said: " The Board has sought for some time to establish a long term funding solution for the Company in order to create a platform of stability to build for the future. This Facility begins this process and we very much hope that it will be augmented with further permanent capital in due course. In addition, the executive team have made strides in addressing the cost base of the Company in order to improve our financial condition and working capital profile. We very much hope that we can now move away from having to seek short term funding solutions and can focus our efforts towards investing in the first team playing squad, a return to profitability and to re-establishing Rangers in the top league in Scottish Football and in due course, to European competition. The Board now calls upon all shareholders to rally together to achieve this goal."
  6. The Rangers Supporters Trust (RST) is delighted to announce that, following a successful meeting yesterday, the Rangers Fans Fighting Fund (RFFF) has thrown its considerable finances and influence behind the RST's continuing fight to ensure Ibrox remains under the control of the club. We are delighted that the RFFF has taken this decision and would like to thank them for doing so. There is now a substantial legal fund available, should it be required, to fight any attempt by this board to pass security over Ibrox to Mike Ashley. We will work closely with the RFFF going forward to ensure every avenue is explored. http://www.therst.co.uk/news/rst-gains-rfff-support-for-ibrox-legal-fight/
  7. keith jackson ‏@tedermeatballs I'm not going to use the phrase 'statement klaxon' again. But, yes, I think one will be along very shortly....
  8. In today's Record: http://www.dailyrecord.co.uk/sport/football/mortgaging-ibrox-stadium-makes-no-5006216#rlabs=2
  9. I was unfortunate enough to have to chair a “debate” on my twitter timeline this weekend as two polarised views clashed on my timeline in response to one of my tweets. On one side we had someone who wished to lay the blame for the injuries sustained by our Ibrox employees squarely with the SOS, whilst the other expressed a desire to see a “more aggressive approach” to the nature of fans protests. Throughout the course of what was an unpleasant exchange between the two of them, it emerged that the proponent of the “more aggressive approach” was not a member of the UOF or SOS whilst the other was apportioning blame based solely on unconfirmed reports he had heard. It was a discussion which has been very much mirrored on Rangers message boards over the weekend. Some clearly saw Friday night’s events as an opportunity to tarnish the fans groups whilst others appear unwilling to accept that the behaviour of Rangers led to the injuries of the two elderly Rangers employees. Considering the incident which led to the injuries occurred both after and away from the location of the organised protest it seems unreasonable to link the unsavoury incident to the main protest where thousands of bears demonstrated in an emotional, exuberant yet exemplary peaceful manner. Those who maintain they saw no violence or assaults at the latter incident, may well be correct, but you cannot ignore the fact that as a consequence of whatever happened at Argyle House two elderly Rangers employees, George and Liz sustained injures. And that is not, and never will be, acceptable. I’m sure all of us in the Rangers support would wish them both a speedy recovery. I’ve been harping on for months now, almost like some PC Brigade acolyte, about some of the unhelpful derogatory and inflammatory language being used. If we claim as a support that such language dehumanises our support when it is directed against us, does the same argument not work the other way ? Or would anyone care to argue that terms such as “rats” is neither derogatory nor dehumanising ? What is clear from Friday is that those wishing to exercise their right to peaceful protest now goes way beyond the ranks of members of the UOF and SOS. This places an added responsibility on protest organisers to ensure that all participants are clear about both the nature and aims of such protest. The briefing message needs to be clear, consistent and unequivocal that all such demonstrations against the board are to be peaceful in nature. I am also firmly of the opinion that a “more aggressive approach” will be self-defeating. Our board are worthy of utter contempt for their actions, but that does not in any way, shape or form justify violence or threats of violence towards them. Supporters protesting in a peaceful and responsible manner against avarice, broken assurances and opportunistic businessmen playing Russian roulette with our club will capture the imagination – behaving in a manner befitting thugs wont. Furthermore it will turn away many bears who will just not entertain such behaviour. Protesting and demonstrating is one of the few immediate options available to us as a fan base, it is imperative we use it responsibly and do nothing which usurps either its effectiveness or ability to unite our fan base behind a common cause. The proposal which sees Ibrox being used as security against loan is very much a crossing of the Rubicon for the Ibrox support, and has galvanised and unified us as a fan base. Let’s not cross our own Rubicon in the way we protest against it.
  10. The Union of Fans is calling on Rangers fans to stage a "mass demonstration" outside Ibrox 45 minutes before kick-off tomorrow night.
  11. Just heard that one of them has loaned the club 500,000 pounds to keep things ticking over. Anyone else heard this
  12. That McCoist will be given his job back as manager? The thought of it fills me with dread
  13. http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?fourWayKey=GB00B90T9Z75GBGBXASQ1
  14. BBCBMcLauchlin ‏@BBCBMcLauchlin 1m1 minute ago George Letham, George Taylor and Douglas Park offer Rangers £6.5million alternative to Mike Ashley investment#bbcsportscot
  15. 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
  16. http://www.eveningtimes.co.uk/rangers/requisitioner-says-ally-mccoist-deserves-full-pay-off-at-rangers-192073n.114667550 I wish someone would explain to me in detail how some people are entitled to contractual pay offs for bad performance while others are not?
  17. Reading McMurdos Blog today, even he knows Ashley will not invest. ''Rangers are sick at heart. The answer is a strong leader but there is no-one on the horizon who fills that role. Everyone involved is hanging on to their own sphere of power and influence at the club. There is no Willie Waddell, no Bill Struth or Jock Wallace to rally the Ibrox battallions and have them face the same way instead of train their guns at each other. Yes, there is Mike Ashley. I am confident that he will step forward and provide both leadership and funding to steer Rangers away from the rocks and back to ruling the seas. But in all honesty I have to say that the margins are so fine at this very critical juncture that he might do so just too late to prevent a shipwreck. And let there be no doubt – what’s left of Scottish football will drown in the wake." https://billmcmurdo.wordpress.com
  18. compo

    Who then?

    Suppose we find one point four million in a drawer at ibrox and wield the axe who should be our next manager and who should be his assistants . and who among the current squad would you like to see go in the January transfer window
  19. Our club is on a trip to extinction under this moron,when does our waring fan groups unite,and demand his firing? he is killing us,and this is an actual fact.
  20. Strapped in for yet another transfer window? Well, here we go! Graeme Shinnie (Left-back, 23, Inverness Caledonian Thistle) Max Power (attacking midfielder, 21, Tranmere Rovers) Express Graeme Shinnie on wiki
  21. I don't always agree with the UoF but this statement is well worth sharing.
  22. 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/
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