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  1. THE South African-based businessman brands Ibrox chairman "disingenuous" after being accused of failing to provide proof of funds. DAVE KING has tonight hit back at David Somers’ claims he failed to prove he had the finance to invest in Rangers – and accused the Ibrox chairman of being "disingenuous". Somers had earlier today insisted the South African-based businessman couldn’t provide proof of funds and that made it impossible for the board to accept King’s offer of investment last month. A proposal from King's consortium was considered along with another from former Blue Knight Brian Kennedy before Ibrox directors instead accepted a £2million loan from shareholder Mike Ashley last month. And in an interview with Sky Sports News, Somers said: "We had three people offering us funds and I felt it was very important we do proper due diligence on all three. "In the past Rangers has perhaps done deals it wouldn't have done if it had done proper due diligence. "Where (the King offer) fell down was really at stage one. When I said to all three of these people 'would you show me proof of funds?' two showed me proof of funds. The consortium did not. "The second question for the consortium was, 'I know there are eight of you, I only know three of you. Can I please have the other five names?' And the message I was getting all the time was 'if you agree to do deal, if you persuade 75 per cent of shareholders, then we'll show you funds and you can have the other names'. "When I said to all three of these people 'would you show me proof of funds?' two showed me proof of funds. The consortium did not. "It wasn't meeting the due diligence requirements – they were simple questions. I cannot go to shareholders when I don't know all the names, I can't check the names out and I can't put my hand on my heart and say, 'these guys have the money'. "In the end we had to move on to stage two which left two providers. "Then it was a simple case of which provider was offering the lowest interest rate – Mike Ashley was offering zero interest which is difficult to beat – and which provider wanted least security. 
Again Mike Ashley only wanted a small amount relative to the other deal. "Once we got to that stage it was a no-brainer which one we were going with." But King has claimed Sandy Easdale - chairman of Rangers' football board - agreed proof of funds and individual identities could be provided once the backing of shareholders was confirmed. He insisted Somers was "being disingenuous with his comments". A statement from King read: "We had private discussions with both (former chief executive) Graham Wallace and Sandy Easdale in which we told them that we would immediately provide proof of funding and details of the full make-up of the consortium following confirmation from Sandy Easdale that the shareholders whom he represents were prepared to support the terms of our investment proposal in principle. "Sandy Easdale agreed to proceed on this basis. Unfortunately he was not then able to provide the confirmation we asked for. There was no possibility of proceeding any further without the support of Sandy Easdale's group who had the power to block our proposed investment." http://www.dailyrecord.co.uk/sport/football/rangers-war-words-breaks-out-4650192?
  2. Calling all bluenoses and football memorabilia collectors... For the remainder of this month the Sportsman Bar Singapore will be hosting a charity auction to raise money for the cancer treatment of a dear friend. The Sportsman Bar Singapore has been the home of expat Rangers supporters for a number of years but shall be auctioning off much of its collection. Please have a look and bid for the items on the Facebook page at the address below. Happy shopping and thanks for your time.... https://www.facebook.com/events/717580138327725
  3. Teams: Marshall, Whittaker, R.Martin, Hanley, Robertson, Mulgrew, Brown, Maloney, Naismith, Anya, S.Fletcher Forde, Coleman, O'Shea, Keogh, Ward, McGeady, Hendrick, Gibson, McClean, Long, Walters
  4. From last week: http://t.co/aNmKNADMKG (PDF file) Collyer Bristow settlement confirmed within this. Also, BDO suggest there are £168.7m of unsecured creditors (including £94m noted for the HMRC monies (including the BTC).
  5. http://news.stv.tv/west-central/299623-four-men-detained-after-police-probe-into-sale-of-rangers-in-2012/ I'd like to remind people of their legal obligations in speculating over individuals and alleged criminal behaviour.
  6. ...from Scotland fans. THE former Scotland legend hopes that the Tartan Army give the two Glasgow-born players a rough ride when they turn out for the Republic of Ireland. GORDON McQUEEN has told the Tartan Army to give James McCarthy and Aiden McGeady pelters at Parkhead on Friday night. The Scotland legend is furious the pair will turn out in the green of the Republic of Ireland in their home city of Glasgow. Everton ace McGeady played for Scotland Schools as a teenager but switched allegiance at Under-15 level, qualifying for Ireland through his grandparents. Goodison Park team-mate and former Hamilton kid McCarthy was snatched from under the noses of Scotland as a youngster and refused to think again once he’d burst onto the scene. Scotland boss Gordon Strachan said he’s happy for the home crowd to jeer the pair and McQueen said: “I hope they get a horrible reception because they deserve it. I’ve got no time for these players. “You’re born in Glasgow but then you go and play for somebody else? What’s that all about? I’m not having that at all. I hope it’s hard for them coming back here with Ireland. “I’m sure somebody must have asked them to play for Scotland at some stage. You’re either Scottish or you’re not Scottish and you should know that by the time you’re 12 years of age. “I played alongside Bob Wilson and Bruce Rioch, who were born in England but they always considered themselves Scottish. That’s all I want. “If you feel Scottish you’re Scottish but I hate these guys who think, ‘I can’t get a game for England so I’ll play for Scotland’.” McQueen worked as chief scout at Middlesbrough under Strachan and is delighted to see the national team gaffer bounce back from the miserable year he endured on Teeside where he won just 13 of 46 games in charge. The 62-year-old, capped 30 times, said: “Why did it go so badly for him there? I think he underestimated the challenge. He’ll say that to this day. “He brought in all these guys he’d worked with at Celtic – Scott McDonald, Stephen McManus, Barry Robson, Willo Flood and Chris Killen – plus other guys from Scotland such as Kris Boyd, Kevin Thomson and Lee Miller. Gordon thought they would cruise the Championship but it just didn’t happen. “People within the club can understand why he’s doing so well now because they rated him and believed in him. “But I didn’t see him get down, even when things weren’t working out. It would take quite a bit to dent Gordon’s confidence. He’s the ideal man for the Scotland job. “Right now it looks as though everyone is on his side, regardless of results. They’ve been alright but what if we end up finishing fourth in this group? “I think we will qualify but I would be ashamed if we didn’t because just about everybody gets to these finals – 24 countries. Surely we can do that. “I think we’ll beat Ireland. Celtic had some very average sides at times but European teams coming to Parkhead were intimidated by the atmosphere there. “There are certain grounds where the crowd just gets to the opposition. As long as I live I’ll never forget playing for Scotland against Wales at Anfield in 1977 in the game that took us to the World Cup finals. That was intimidating. “It was bouncing with Scotland fans everywhere you looked, even though it was their home game. We didn’t play well that night but we still won 2-0.” Strachan’s side face a friendly with the Auld Enemy after the qualifier and McQueen, who scored in the famous 2-1 win at Wembley in 1977, added: “We’ll take the game more seriously. “England will have a lot of call-offs but we won’t.” http://www.dailyrecord.co.uk/sport/football/football-news/gordon-mcqueen-hope-james-mccarthy-4601708
  7. http://www.eveningtimes.co.uk/rangers/the-recovery-will-start-at-hearts-says-rangers-captain-mcculloch-188835n.25885771? McCulloch and his Gers team-mates were booed off the pitch by their own fans at Ibrox on Saturday after failing to beat the part-time Wasps. It was a terrible result ahead of the massive top-of-the-table showdown with the Jambos at Tynecastle this weekend It allowed Hearts, who beat Falkirk 2-1 away later that day, to pull six points clear at the top of the second-tier table. But skipper McCulloch, who thought he had snatched victory against Alloa with a second-half goal, is confident his side can beat the capital club. He was pleased with the way the League One champions responded to their 3-1 defeat at home at Hibs back in September. And the centre-half reckons Ally McCoist's side can get back to winning against Robbie Neilson's team despite Hearts being unbeaten in the Championship. McCulloch said: "We know the importance of the match. We were disappointed on Saturday and that has made it more important than it already was. "We are going to have to be ready. Tynecastle is always a hard place to go. But we are looking forward to it. "There is going to be a good atmosphere and we will be playing against a good Hearts team. They are very organised. "It is a chance to put right what we did wrong against Alloa on Saturday and I am sure we will be prepared. "We certainly responded to the defeat at home against Hibs in September. We managed to go on an eight-game winning run in all competitions. Hopefully we can do it again." McCulloch was at a loss to explain why Rangers failed for the second time in the campaign to beat Alloa, who equalised with a Liam Buchanan strike. "I honestly don't know what happened," he said. "We were scoring goals freely and keeping clean sheets at the back going into it. "We passed the ball all right at times and created some chances. But we didn't take them, simple as that. "We had a moment of madness after we scored our goal and we couldn't get back in the game."
  8. I speculated that this was worth a thread on its own. Apologies if not, admin....merge it with Whyte Arrest warrant. However, it is a different revelation (though it may be connected, of course): "In a further development, The Daily Telegraph understands that while Wallace and Nash were still in their posts, documents related to the 2012 share issue were passed to the Serious Fraud Office for investigation. The SFO had no comment to make." It is tagged on here; http://www.telegraph.co.uk/sport/football/teams/rangers/11231964/Former-Rangers-owner-Craig-Whyte-issued-with-arrest-warrant-as-four-others-are-detained-by-police.html
  9. http://www.gersnet.co.uk/index.php/latest/site-info/293-competition-win-a-savile-rogue-rangers-scarf Savile Rogue, purveyors of the world’s finest football scarves, have teamed up with Gersnet to give your the chance to win a cashmere scarf in Rangers colours. If you’re not familiar with them, Savile Rogue scarves give a nod to football terraces of yesteryear, shunning in-your-face logos and cheap nylon in favour of a traditional bar design and the comfort, quality and warmth of top quality cashmere. To get your hands on one, simply tell us what Rangers player was called up to the Scotland squad for the upcoming matches against Ireland and England? Please email your answer to info@gersnet.co.uk - competition closes on Friday 14th November at noon and the site administrator's decision is final! Please note, unfortunately this competition is only open to residents of the United Kingdom. You can follow Savile Rogue on Twitter or Facebook.
  10. http://www.dailyrecord.co.uk/sport/football/football-news/ibrox-hate-figure-brian-stockbridge-4625845 Rears his head.. Sorry, on mobile... Hence lack of copy and paste
  11. Calling all bluenoses and football memorabilia collectors... For the remainder of this month the Sportsman Bar Singapore will be hosting a charity auction to raise money for the cancer treatment of a dear friend. The Sportsman Bar Singapore has been the home of expat Rangers supporters for a number of years but shall be auctioning off much of its collection. Please have a look and bid for the items on the Facebook page at the address below. Happy shopping and thanks for your time.... https://www.facebook.com/events/717580138327725
  12. Calling all bluenoses and football memorabilia collectors... For the remainder of this month the Sportsman Bar Singapore will be hosting a charity auction to raise money for the cancer treatment of a dear friend. The Sportsman Bar Singapore has been the home of expat Rangers supporters for a number of years but shall be auctioning off much of its collection. Please have a look and bid for the items on the Facebook page at the address below. Happy shopping and thanks for your time.... https://www.facebook.com/events/717580138327725
  13. Have we really spent more than £20M on players wages over these three seasons? And for what, two minor league titles? Our manager is a disgrace, will leave it at that.
  14. THE Crown Office will today issue a warrant for the arrest of disgraced former Rangers owner Craig Whyte, the Daily Record can exclusively reveal. Whyte is wanted in connection with alleged fraud over his purchase of the Ibrox club in 2011. The sensational news comes after it was revealed that police forces in England, acting on warrants from Police Scotland, made dawn arrests today in connection with a long-running inquiry into Rangers. Four men were arrested at addresses in Thames Valley, Surrey and Cheshire. The first of the four is Paul Clark, London managing director of former Rangers adminstrators Duff & Phelps. The other three are former Duff & Phelps north of England managing director David Whitehouse, David Greer, a former partner in the business, and Gary Withey, a solicitor who worked with Whyte’s law firm Collyer Bristow. The arrests came at 6am today. Whyte, who has a flat in Monaco, is believed to be out of the country. It is thought the allegations over which the men have been detained centre on claims that Grier and Whyte were known to each other before Duff & Phelps were appointed as Whyte’s choice of administrators for Rangers in 2012. HMRC had at first opposed Whyte’s choice of administrators. Whyte bought the club from Sir David Murray in 2011 for £1 promising to wipe Rangers’ £18 million debt to Lloyds Banking Group. It later emerged he had sold future season ticket sales to London firm Ticketus to finance the deal. In 2013 financial industry regulators cleared Duff & Phelps of wrongdoing over the Rangers’ administration, though they said the company had left itself open to criticism. http://www.dailyrecord.co.uk/news/sc...-crown-4628861
  15. I was “invited” to attend a meeting at Ibrox today with Rangers’ Director of Communications, Irene Munro and Jim Hannah, Supporters’ Liaison Officer. I had to ask three times by email about the nature of the meeting and eventually was told only that it was “to discuss complaints raised against you by other fans board members”. I asked to be supplied with the details of the complaints before the meeting but this was denied. At the meeting I was told that as a result of two complaints by colleagues on the Fans Board and one complaint from a member of the public, I was being removed from the Fans Board. The complaint from the member of the public was in connection with or as a result of information that I posted about the Rangers Fans Fighting Fund. I was not told the nature of the complaints by members of the Fans Board. These are the relevant sections of the Constitution: 17.Conduct of members of the RFB 17.1 The Elected Representatives shall, in exercising his/her functions as a member of RFB, act in the interests of the Club and RFB; and, in particular, must (a) seek, in good faith, to ensure that RFB acts in a manner which is in accordance with its objects (as set out in clause 3 this constitution); (b) act with the care and diligence which it is reasonable to expect of a person who is managing the affairs of another person; and © in circumstances giving rise to the possibility of a conflict of interest between RFB or the Club and any other party (i) put the interests of the RFB and the Club before that of the other party, in taking decisions as a member of the RFB; or (ii) where any other duty prevents him/her from doing so, disclose the conflicting interest to the RFB and the Club and refrain from participating in any discussions or decisions involving the other Elected Representatives with regard to the matter in question. (d) If, in the opinion of the Club, any Elected Representative is in breach of paragraphs (a), (b) and © above, or in the opinion of the Club, brings the Club into disrepute, the Club shall have the power to terminate that individuals Membership and remove them as an Elected Representative with immediate effect and without notice. There is no right of Appeal. The Fans Board had agreed an interim Code of Conduct which includes up to three warnings but this was not applied because it provides for complaints to be referred to the Office Bearers and there are no Office Bearers in place at this time. I was told that in the opinion of the Club I have not been acting in the interests of the Fans Board and that my position was not tenable, so I was being removed. I was given the opportunity to resign, which I declined. I was then told that Rangers would issue a statement saying that I had “left the Fans Board” but I asked that if they were removing me they issue a statement accordingly.
  16. Aberdeen have agreed an investment deal that will wipe out the club's debts. As the Dons released their annual accounts, it was revealed their net debt of £14.49m will be cleared if the restructuring plans are approved. Willie Donald and his wife Elaine, who own the Stonehaven-based engineering company WM Donald, will become shareholders in the club. The Pittodrie outfit hope to see the plans given the go-ahead at next month's AGM. Aberdeen chairman Stewart Milne told BBC Scotland earlier this year that he remained optimistic that the club could soon be in a "debt-free position," as they target new training facilities and a new stadium. In the annual club accounts, Aberdeen revealed turnover rose from £7.85m to £11.158m last season with wages increasing from £5.256m to £6.084m. The club say the wages increase is a result of higher bonus payments. Milne told the club website: "The period covered in this report has seen a significant change in the fortunes at Aberdeen given the team's success in lifting the League Cup." It was also confirmed that if restructuring plans are approved, Aberdeen FC Community Trust will also receive a "sizeable shareholding". On the restructuring plans, Milne said: "The negotiations have been ongoing for a number of months now and these arrangements will, I believe, be transformational for the club. "The club are indebted to Willie and Elaine for the role they have played in this. If the final steps are approved at the AGM we will have a strong balance sheet and the debt servicing burden will be removed, allowing us to drive forward on training facilities and the plans for the new stadium with much greater confidence in our ability to raise the additional investment needed." Willie Donald said: "Our family recognises that we have been fortunate to have grown our business in a city and region that has benefitted from the impact of the energy sector over the last 37 years. "We decided some time ago that we wished to give something back to the community, we see the football club as a vital and central part of the community, and indeed the whole North East of Scotland and see this investment as an excellent opportunity to deliver our objective." As part of the restructuring plan, the net debt of the club will reduce by £14.49m and its share capital and reserves will rise by the same amount. Debt of £4.42m owed to the Stewart Milne Group will be converted to equity. SMG shareholding in the club will rise to around 43% but only up to 29.9% of this would be voting rights. Aberdeen Asset Management will convert their remaining debt to equity and Willie and Elaine Donald will end up with a shareholding of around 20%. http://www.bbc.co.uk/sport/0/football/30016970
  17. RANGERS are set to make a January move for Inverness Caley Thistle defender Graeme Shinnie. Ally McCoist hopes to tie up the full-back on a pre-contract deal that will let him make the switch from the Caledonian Stadium to Ibrox next summer. The Rangers manager is a long-time admirer of Shinnie, and knows he would be an ideal replacement for Lee Wallace if the former Jambo is sacrificed for financial reasons or, alternatively, is tempted down south. The 23-year-old has been a big part of Caley Thistle’s success story, but this week he turned down the offer of a new deal at the Highlands club. Clive Hart, the player’s agent, confirmed: “I have told Inverness that Graeme will be leaving the club. We have turned a new contract offer down.” However, the Light Blues aren’t the only admirers of Shinnie, with Aberdeen credited with an interest last summer that was brushed aside by Caley Thistle. But the Dons could go back in for the defender and may even offer Inverness hard cash – something Rangers are unlikely to be able to do in January – to get him on board quickly and ahead of the summer, when he can move for nothing when his contract expires. http://www.express.co.uk/sport/football/535307/EXCLUSIVE-Rangers-want-Caley-Jags-defender
  18. Found this on twitter this morning - apparently this can be purchased from Burtons. https://twitter.com/theZhangx/status/533173253448417280/photo/1
  19. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12147393.html
  20. I don't always agree with the UoF but this statement is well worth sharing.
  21. Dear Sir, I refer to your mail concerning the granting of alleged State aid to the Celtic Glasgow Football Club. You allege that the Celtic Glasgow Football Club has benefitted from unlawful State aid, mainly in the form of advantageous land transfers. The Commission has raised the issue with the UK authorities. Based on the observations received from them, the services of the Commission have not been able to identify any issue regarding unlawful State aid. In light of that assessment the Commission services do not envisage to pursue the matter further. Best Regards,
  22. According to the Herald: http://www.heraldscotland.com/news/home-news/rangers-fans-up-in-arms-as-ashley-loans-club-1m-more.25855834 That's me sold..
  23. http://www.dailyrecord.co.uk/sport/football/charlies-sake-hope-rangers-cash-4610915#rlabs=1 JACKIE McNAMARA is desperate for Dundee United’s cash row with Rangers over Charlie Telfer to end. The clubs are locked in a stalemate over the Scotland youth star’s summer switch from Murray Park to Tannadice. Telfer has made four appearances for United – scoring in the 3-0 win over St Mirren earlier this month – while he made his one and only top-team appearance for Rangers as a sub in April. Under SPFL rules clubs can receive compensation for developing and training players under 23 who move as free agents. Rangers argue they are entitled to six years’ cash for the player between the age of 12 to 18. United, meanwhile, believe the Championship side should only receive money to cover two years since liquidation in 2012. Tannadice chairman Stephen Thompson was even claimed to have said “you’ve only got two years of history”. With both clubs unable to decide on a fee for the player the dispute will now be heard by an independent panel. And McNamara said: “For everybody it would be good if it was sorted, especially for young Charlie. He came in last week against St Mirren and he was excellent. “He was a bit unfortunate not to start the game at Motherwell on Friday but for all of us it would be good if we can get that resolved so we can move on. “There are all sorts of things come in to it, I’m not an expert on that. That will be up for the people in charge of the tribunal to decide.”
  24. keith jackson ‏@tedermeatballs 5m5 minutes ago Oh Roy! What have you done? They must be feeling the pressure... Gardai called to Ireland football team hotel Gardai were called to an incident at the Republic of Ireland football team hotel tonight. An ambulance is also believed to have been called to the scene at the Portmarnock Hotel and Golf Links in north County Dublin. Garda sources say they are aware of an incident at hotel tonight. The exact nature of the incident remains unclear. Repeated efforts by Independent.ie to contact the FAI Communications team were unsuccessful. The international team, managed by Martin O'Neill and Roy Keane, are based at the hotel ahead of the crunch Euro 2016 qualifier against Scotland on Friday night. The team are due to fly out to Glasgow tomorrow. http://www.independent.ie/sport/soccer/gardai-called-to-ireland-football-team-hotel-30740600.html
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