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I like to try and be fair and after so much criticism I will give credit where it is due. Regardless of who we were playing against we retained possession with interchanging passing and moving and the long ball wasn't frequently deployed. We created plenty chances and always looked dangerous in the final third, crucially our midfield largely bossed the game. Hopefully we can push on from here but I can't recall us playing in this manner for more than a couple of games on the trot apart from the end of 10/11. As was my feeling then, it shows that we can play fairly decent football (it's illogical to suggest otherwise), so there is absolutely no reason whatsoever to see us playing aimless long balls again.
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Not sure exactly when we'll get confirmation of the outcome of this today but we can use this thread for updates. First one is this: Sandy and James Easdale increase Rangers shareholding by £500,000 http://t.co/eumq4fMPGC
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MIKE ASHLEY is preparing to become the front-runner in an effort to save Rangers from another financial collapse. The Newcastle United owner has made positive moves to sell the St James’ Park club and bring to an end a troubled seven-year reign on Tyneside as he turns his attention to Ibrox. There is already interest in United – even at the asking price of around £230million – and any quick deal would allow Ashley to immediately focus on the Gers. News of the Sports Direct chief’s enthusiasm for stepping up his involvement with Rangers comes on the day fans are expected to hear how successful the board’s latest share issue – aimed at raising £4m – has been. But, whatever happens, it appears Ashley is keen to switch his football and business from Tyneside to Clydeside. Gers fans are now of a mood where any transparent ownership of the club would be welcome, even if there would be reservations over precisely what Ashley has in mind. He has been notoriously reluctant to splash the cash at Newcastle during his time in charge of the Premier League club, although Rangers wouldn’t need anything like the investment in players the English club require to compete against Arsenal, Chelsea and Manchester City. Ashley, of course, already has a stake in the Gers, along with the naming rights for Ibrox. But, until he sells Newcastle, he is pre- vented from increasing that to more than 10 per cent by SFA rules. UEFA regulations also stipulate the same person cannot own two clubs that might meet each other in European competition and, while neither Rangers nor Newcastle are playing in Europe, they could in the future. Now it seems Ashley wants to take charge of the Gers alone with, clearly, one eye on a potential return to the Champions League and the opportunities that would afford. But right now his focus is on selling the Magpies quickly – and the £230m asking price includes repayment of the £129m he is owed in the form of interest-free loans. Ashley paid just £134m to purchase Newcastle from Sir John Hall, above, and Freddie Shepherd in 2007. And, while the club has not officially been put up for sale as the uncertainty could destabilise the business and unsettle the team, there is interest from North America and the Far East in buying a club that posted a post-tax profit of £9.9m for the last financial year. That, however, has not been achieved without incurring the wrath of a lot of people concerned at his lack of investment in the team, a controversial shirt deal with payday loans company Wonga and a series of internal cost-cutting measures. The £40m spent on players this summer was paid for almost entirely by the sale of Yohan Cabaye to Paris Saint-Germain and Mathieu Debuchy to Arsenal. http://www.scottishdailyexpress.co.uk/sport/football/509766/Newcastle-s-Mike-Ashley-set-to-bid-for-Rangers -
The Dangerous Game by Graham Taylor | Guest Contributor Crunch time. In just under 24 hours’ time, we should have some clarity as to how long the stricken Rangers International Football Club plc can limp along for. If the Open Offer of shares is fully subscribed, Rangers should have enough to get them to the 2014 AGM where a motion will be tabled to disapply the pre-emption rights which were voted down at the previous year’s meeting, allowing for a far larger tranche of shares to be released. If not then the club, simply put, won’t have the funds to pay its way, leaving the financing options available limited and likely to the long-term detriment of the club. Given the revelations of recent times, there can be little doubt now that Rangers have been run for the benefit of a relative minority of shareholders since the trauma of insolvency in 2012. The numerous contracts and agreements entered into since those days have been the subject of much rumour and speculation for some time, but only recently have they started to come to prominence now that the club has reached a critical juncture. It is clear through the management acting on behalf of a few individuals, Rangers’ ability to generate revenues to sustain itself has been severely and critically reduced and has made the club a less-than-attractive proposition for would-be investors who would view the club as a viable commercial proposition. In the absence of commercial investors, high net-worth fan investors are the most viable alternative. One name is constant and is one would invest for all the right reasons. Dave King is the man that the majority of fans have put their faith in, rightly or wrongly, to come to the club’s rescue. Some say he has disappeared; others say he is playing the long game. King himself said that the prospect of gaining control would ultimately be a “business transaction” and not one that would be fuelled by emotion, regardless of his feelings for Rangers. His position has been consistent in that he will only invest in new shares as it is Rangers that are in desperate need of cash. He is also the only individual to ever publicly say that he would invest in Rangers. So why haven’t the club welcomed him with open arms when we are once again staring into the financial abyss? Something that is often alluded to but hardly ever spelt out is this – club director Sandy Easdale will not entertain the notion of allowing Dave King to invest directly into Rangers because Dave King will not entertain the notion of allowing Sandy Easdale to remain on whatever board he is supposed to be on if he were to assume control. It is that simple. Easdale’s influence, through his shareholding proxies and his own relatively minor shareholding, is generally considered to be corrosive to the best interests of Rangers. And yet, he has more of a say in how the club is run than the man paid handsomely to lead the plc, Graham Wallace. Would Dave King allow that to remain the case if he stays true and invests his mooted £30 million? Not a chance, so Easdale will do whatever it takes to keep King at bay. And even though he went as far as to say in his Q&A with Keith Jackson that he would be happy to work alongside King on the board, the truth is neither wants the other anywhere near the club. Would Easdale’s stance on King remain if it meant the possibility of inflicting long-term damage on Rangers through having to secure financing against assets? On the evidence so far, yes. King, however, is playing a very dangerous game and one that could see the club slip away from him, and what many of us believe to be the true Rangers, forever. There has been an attempt in recent days to portray the battle for control of Rangers as a tussle between two parties – Mike Ashley and King. Ashley’s involvement in a future share issue has been promoted by those connected to the club, but it has also been said that he is simply protecting his commercial interests with the club. His retail contract with the club has been described as a ‘licence to print money’ for his sportswear firm Sports Direct, therefore it’s not something that he is likely to give up without a fight. Perhaps the most revealing aspect of recent times was the arrival of the Malaysian businessman Datuk Faizoull Bin Ahmad. It wasn’t so much the arrival of Bin Ahmad that was revealing, it was more who he was travelling with – convicted fraudster Rafat Rizvi, who was spotted laughing and joking with Sandy Easdale. Unfortunate as it was for Easdale to be photographed with Rizvi, a man long since speculated as to having an influence in the running of the club, it further evidenced that those currently in control are not about to let it slip from their grasp easily. And that it is not a given that King will get his opportunity to invest, even if the approaching iceberg moves sharply into focus. The possible further release of shares at what is likely to be an even stormier AGM than that of the incredibly hostile 2013 edition, should, on the face of it, finally enable the release of Rangers from the clutches of the small clique that have been running the club for the last two years. But given that this group form part of the 26% proxy vote held by Sandy Easdale and the resolution needing 75% approval, it is also entirely possible that they could choose to vote down the release of further shares if they feel that their position of control is severely threatened. If this group feels that their interests would be better served by initiating an insolvency event and restructuring the cost-base by that route, with the added advantage of retaining control, then it seems likely that this is an option that they would seriously consider. There is also a high probability that motions will be put forward to once again remove some, if not all of the current directors at the AGM. Given how the newly-constructed board scraped through by the skin of their teeth last year and the lack of any meaningful progress since, they will be unlikely to find such favour with the institutions this time around. Add in the rumours of King having been active in London and you have the perfect storm building up for the weeks ahead where the destiny of Rangers will be decided. And where does it leave us – the fans, who’ve suffered as the club has been pillaged for far longer than anyone thought possible? We’re merely an afterthought in rich (and in certain cases, not-so rich) men’s games… http://www.thecoplandroad.org/2014/09/the-dangerous-game.html
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Between Richard Wilson and this article (with no apparent byline), the BBC have began to venture into a more accurate take on political matters at Ibrox. http://www.bbc.com/sport/0/football/29153590 -
What steps might the board and their puppeteer investors take to make sure they come out on top should we go into administration again? With such a diverse shareholding spread are they able to secure admin for themselves like Whyte did?
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ANGRY Rangers fans are on the brink of staging full-scale boycotts of the club’s matches – amid new calls for Sandy Easdale to be axed as football board chairman. And brassed-off fans could also stop giving money to companies linked to the Glasgow giants – including McGill’s Buses and Sports Direct. The Sons of Struth protest group believes there is growing support among its members and other supporters for this drastic action. Sons of Struth founder Craig Houston confirmed his organisation is to poll its 1500 members over whether to boycott games and businesses. He said: “The feedback we have received from members and other fans is overwhelmingly in favour of boycotting games and businesses. “A very low percentage of fans have faith in the board. Every time a new revelation emerges we ask what we can do other than holding red and blue card demonstrations to highlight our unhappiness that is legal and this is one route we can go down.” “But there has to be a silver bullet moment where you say enough is enough. If that results in boycotts of your team, certain sports shops, certain transport or insurance companies, so be it.” The move comes after it emerged that shareholder Sandy Easdale had met with Malaysian businessman Datuk Faizoull Bin Ahmad and convicted fraudster Rafat Rivzi this week. Easdale was pictured with Rizvi, who is wanted by Interpol for corruption, money laundering and banking crime, in Glasgow. Last night the Union of Fans called on the Rangers board to remove Easdale over the visit. A statement said: “Mr Easdale has dragged our club’s name through the gutter once too often. Perhaps he feels his association with a man wanted by Interpol is acceptable. It is not. “Graham Wallace, Norman Crighton, David Somers and Philip Nash must dissociate the PLC board from this further attempt to involve Rizvi in Rangers’ affairs.” However, Rangers last night denied the meeting was connected with investment in the club. An Ibrox spokesman said: “The visit was organised as part of ongoing discussions between Rangers and Malaysian club Felda United with regard to a youth development partnership. “Mr Rizvi arrived without our prior knowledge. He is an advisor to Mr Bin Ahmad. Media reports suggesting Mr Bin Ahmad is in discussions with Rangers regarding anything other than youth development are untrue.” Meanwhile, other reports in England last night claimed Mike Ashley is prepared to sell Newcastle United for £230million so he can boost his stake in Rangers. http://www.eveningtimes.co.uk/ranger...048n.25297080?
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Mike Ashley is poised to end his seven-year reign at St James' Park as he aims to increase his stake at Rangers. Mike Ashley is willing to listen to offers to sell Newcastle United as he looks to bring an end to a troubled seven-year reign at St James’ Park. Ashley has become involved in the running of Rangers and is interested in taking complete control. However, he has been prevented from increasing his stake to more than 10 per cent by the Scotland Football Association as he already owns Newcastle. Uefa rules stipulate the same person cannot own two clubs that might meet each other in European competitions, and while neither Rangers or Newcastle are playing in Europe, they could in the future. Rangers are standing on the precipice of administration for the second time in three years and Ashley recognises the opportunity it presents. The billionaire, who made his fortune through his Sports Direct retail chain, has already secured naming rights to Ibrox in return for a stake of nine per cent, although he has not yet taken up that option in order to avoid creating any animosity towards him. Should he take control of Rangers and stabilise the business, he knows there is huge potential to grow if, as should be the case, they return to the Scottish Premier League and, eventually, the Champions League. Related Articles That has increased Ashley’s desire to sell Newcastle to a new investor and he could be willing to offload it for around £230 million, which includes repayment of the £129 million he is owed in the form of interest-free loans. Ashley paid just £134 million to buy Newcastle from Sir John Hall and Freddie Shepherd in 2007. Although the club have not been officially put up for sale as the uncertainty could destabilise the business and unsettle the team, Telegraph Sport understands Ashley would like to sell if he can find someone with the financial muscle to take the club forward. Anyone who claims they are interested in negotiating a price will be asked to pay for the use of a box at St James’ Park for 10 years up front to prove they are serious bidders. Ashley has tried to sell up twice before, but was unable to find a buyer willing to match his asking price. He failed to offload it in the face of angry supporter protests in 2008 immediately after former manager Kevin Keegan resigned. He tried again in 2009 at the knockdown price of just £100 million after relegation to the Championship, but nobody was willing to take on a club that was losing hundreds of thousands of pounds a month outside of the top flight. However, the previous attempts to sell were made during a global recession and Ashley is aware the economic landscape has improved dramatically, particularly in the United States, where interest in “soccer” has never been higher. It is thought that Ashley will look closely to see if there are potential buyers on the other side of the Atlantic. Newcastle are in excellent financial shape thanks to the prudency of the Ashley regime and posted a post-tax profit of £9.9 million for the last financial year. That has done little to persuade fans he is the right man to lead the club and there have been persistent accusations of a lack of ambition. Although Ashley sanctioned around £40 million worth of player recruitment this summer, that was paid for almost entirely out of the sale of Yohan Cabaye to Paris Saint-Germain and Mathieu Debuchy to Arsenal. Ashley has been unwilling to invest any of his own money since Newcastle returned to the Premier League and has overseen a dramatic overhaul of the books, securing an increase in commercial revenue, which includes a record shirt-sponsorship deal with loans company Wonga. This has been done in conjunction with a series of cost-cutting measures, including player wages, which fell from £64.1 million to £61.7 million in the last financial year. That represents 64 per cent of the club’s turnover, well below the Premier League average of 70 per cent. The business is in good shape to sell. Whether Ashley can finally sever ties with a project that turned sour after just 12 months remains to be seen, but he gains little enjoyment from owning Newcastle other than the free advertising it allows for Sports Direct. Although he attended the club’s last home game, the 3-3 draw with Crystal Palace, his visits to St James’ Park have been increasingly rare since supporters turned against him six years ago. He is not the only one in the firing line. Alan Pardew, the manager, also looks vulnerable after a poll in a local paper showed 85 per cent of fans no longer want him to be in charge and there is a growing risk the ill-feeling will manifest itself in more vocal protests against Southampton this weekend. One group of supporters has even set up a website called ‘Sack Pardew’. Pardew remained in his dugout during the final home game against Cardiff last season as he was booed and jeered every time he stepped into his technical area. http://www.telegraph.co.uk/sport/football/teams/newcastle-united/11088540/Newcastle-United-for-sale-as-Mike-Ashley-eyes-Rangers.html
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Chris Graham @ChrisGraham76 17m .@RFC_Union call on Rangers PLC board to remove Sandy Easdale as a club director immediately. #RFC pic.twitter.com/wIlX0SWgVu
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Here's an interesting call. Sorry that it sounds really bad news and sorry re the source of the recording but the caller seems to know his stuff. His view of the Wigs still being in control post admin is realistic if horrible to contemplate, there is an astonishing mention of The Mint and an unsurprising, but deflating inclusion of King in his list of the false hope merchants who have been piddling down our leg and telling us it is raining". http://podbay.fm/show/307483087/e/14...00?autostart=1 Starts about 15 minutes in There's a thread on FF about it...for those who forum hop....
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"The Union of Fans is extremely concerned at the recent public statements of Sandy Easdale, the Chairman of the so-called ‘football board’ at Rangers. Mr Easdale has a history of making ill advised, damaging and amateurish comments in the press about Rangers and last week he was engaged in more of the same. In April 2014, around a week before Imran Ahmad’s second failed attempt to have club funds arrested, Mr Easdale decided to take part in a BBC interview in which he raised considerable questions over the financial position of the club. These comments could clearly be seen to weaken the club’s case against Mr Ahmad despite victory in that instance. Last week, days ahead of Mr Ahmad’s third attempt to arrest funds, Mr Easdale did the same in a press Q&A. We would question the timing of both of these statements. Making this type of error once might be seen as naivety or stupidity. Making it twice starts to raise other questions. Mr Easdale was brought into Rangers to represent the wishes of the block of shareholders previously represented by Mr Ahmad and Mr Charles Green. Mr Easdale has, in our opinion, always represented their interests ahead of those of the club and it appears he is continuing to do so. Mr Easdale has hitched his wagon to Green, Ahmad, Blue Pitch and Margarita and, now that their influence over the board has started to diminish slightly, he appears to be seeking to retain his position at the club via an alliance with Mike Ashley. Indeed it appears that Mr Easdale will support anyone who will allow him to retain his director privileges and the borrowed respectability of being referred to as a Rangers director, regardless of their actions towards the club. Mr Easdale told the Rangers fans that Jack Irvine no longer worked for him. However, we have been told by a number of people that Mr Irvine has been in regular touch with them in a way which represents Mr Easdale’s interests. Mr Easdale told the Rangers fans in December 2013 that he had investors lined up for Rangers. This did not prove to be the case. Mr Easdale now wants the Rangers fans to believe that Mike Ashley, who has been handed “onerous” merchandise deals, virtually free stadium naming rights and now the Rangers club shops by Mr Easdale’s associates, is the man to take Rangers forward. Mr Easdale actively opposes any attempt to bring huge investment into the club from people who care about it but chooses to back someone who has clear issues with dual club ownership and is only interested in Rangers as a means to make himself money. We would ask the PLC board, the Nomad, Daniel Stewart and the LSE to investigate Mr Easdale’s comments and their effect on a court case which could have put the club’s immediate future in doubt. We would also ask them to clarify whether Mr Charles Green or Mr Imran Ahmad hold any shares for which Mr Easdale has a proxy through Beaufort Nominees. Mr Easdale is not, in our opinion, fit to be a director of Rangers Football Club and given his failure to be appointed to the PLC board we feel he has far too much negative influence on club affairs."
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Former Rangers defender Arthur Numan doesn't know who to believe as concerns continue to mount over the club's future. On Friday, former commercial director Imran Ahmad had £620,000 of the Ibrox outfit's assets frozen and there is major uncertainty over finances. "It's time the supporters knew what was happening, who is in control and where the money is going to," said Numan. The Dutchman, who played at Ibrox between 1998 and 2003 under Sir David Murray's tenure, says fans regularly raise the issue of Rangers' money troubles with him. "There is so much going on in the last couple of years and sometimes you think it's one big mess," he said. "I get a lot of supporters texting me and calling me, they ask me what's going on - and I can't give them an answer, because even I don't know. "I don't even know who is in charge - I don't know who to believe any more. " He went on: "I hope that someone comes in and says, okay, I want to put a lot of money into the club and try to take all the insecurity away by the supporters - because that's most important. "Then you try to get Rangers back into the Premier League and get a team on the park that's strong enough to compete with Celtic. "And hopefully they can qualify for Europe with someone who is in charge who makes it clear to the supporters and the Press what his intentions are, because nobody knows." http://www.eveningtimes.co.uk/rangers/numan-who-are-fans-to-believe-179657n.25273594
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The video -
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Latest blog from McMurdo.........
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http://www.dailyrecord.co.uk/opinion/sport/keith-jackson-six-men-six-4181483
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Apparently voting is now open for your favoured candidate in each section's short leet. I'm not a member myself but I'm sure someone can post the full list here if possible. http://fansboard.rangers.co.uk/
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RANGERS chief executive Graham Wallace was today slammed for keeping supporters in the dark about the situation at the crisis-hit club. And Wallace was warned that he risks more fans turning their backs on the Gers unless he tells them what the future holds. Fears for the Glasgow giants are growing after former commercial director Imran Ahmad succeeded in his bid to have £620,000 of club assets frozen last week. There are concerns the Light Blues - who have not repaid £1.5million worth of loans to Sandy Easdale and George Letham - will be unable to pay their wages this month. The financially stricken SPFL League One champions hope to raise nearly £4m from another share offering in the coming weeks. However, a statement to the Stock Exchange last month confirmed Rangers will be unable to pay their creditors if the share offering fails. That has raised the prospect of the Ibrox club going back into administration - a turn of events Wallace dismissed as recently as April. Drew Roberton of the Rangers Supporters' Association has called on him to speak to fans and spell out what the short-term future holds. He said: "Graham Wallace has spoken of fan engagement from more or less day one since being appointed. "He met with us once, but it seems that he doesn't want anything to do with us now. He doesn't seem to want to have any dialogue with any supporters' group. But I think he has to come come out and tell us what the situation is. He could get the fans on board by speaking to us. "There are all sorts of reports about him and Sandy Easdale not singing from the same hymn sheet. "It's all very well the fans throwing mud at the board at the drop of a hat. Some of my fellow-supporters may not agree with me, but I have a certain amount of sympathy for him. "He has always tried to be positive since being appointed. He saw a future for the club and a way forward. He thought the club would not continue like it had previously. It was a new dawn. "From the minute he joined the club, he was adamant there would not be another administration event." Roberton added: "Rangers are asking people to part with their hard-earned cash and buy tickets and merchandise. "But recent reports in the media aren't going to entice anybody to buy shares, season tickets, match day tickets or merchandise." Only 23,000 Rangers fans have renewed their season tickets for the 2014/15 campaign - around 15,000 less than snapped them up last season. And even with spectators paying on a game-by-game basis the last two home games have only attracted attendances of just over 30,000. That is a huge drop on last season when games at Ibrox against part-time club pulled in gates of well over 40,000. Roberton said: "I hate to say this, but there is a real danger of more fans turning their backs on the club if this continues." http://www.eveningtimes.co.uk/rangers/rangers-fans-want-answers-from-graham-wallace-179512n.25261148?
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When we went into administration I almost instantly (within the first month) had some major concerns because I quickly came to thinking that I didn't trust the administrators, didn't think they would get us out of it via a CVA and didn't think they seemed to be doing their jobs properly because if they had been, then they would have tried to rescue the company as a going concern. To do that, they would have needed to quickly address the cost base and stop the monthly loss-making, but they just went for a short-term fix/bandage to see out the season instead of properly cutting costs to address the going concern like administrators do in most football club administrations. After the shambles of their bidding process and finally bringing in Green & co (like they seem to have planned well in advance!), when D&P did their first presser with Green a feeling of dread & despair came over me because I could tell immediately that he was a bullshitting patter merchant and didn't trust him right from that point. It was a case of 'who the f**k is this clown?' and a distinct feeling of disappointment. Then we had to endure the failed CVA, being wrongfully stripped of our SPL share and kicked out of our league, left with no league at all for a period and questions hanging over our SFA license as well. When we finally got it sorted out and started the season in the 4th tier there was a sort of positive buzz that I never really understood, because I never felt as if it was right that we should be down there in the 3rd Division. I could obviously understand the positive buzz in the sense that we were still here with our history and titles despite the best efforts of our enemies and those who wanted (and tried) to kill us off, but didn't understand the positivity from numerous other perspectives, like the unprecedented treatment of our Club and the worries from footballing and financial/business perspectives. Not only did many of our fans think that it was just a simple case of 3 seasons of a journey back up through the lower leagues to the top flight, but many actually believed that it was an 'opportunity' to rebuild not only the business, but some kind of fabled & mystical footballing 'philosophy'. There was talk amongst fans of not only winning every single game in the 4th & 3rd tiers, but battering the opposition 8-0, 9-0 or 10-0 every week. I didn't buy into any of that because I thought it was always going to be more difficult than many of our fans thought it would be. Yes, we would dish out some hammerings along the way, but it was always going to be a battle too, both on and off the park no matter how many SPL-standard players we signed and no matter how many crazy moonbeams Green & co served us up. What we need to do now though, is completely forget about any mythical 'opportunities' or lost chances to create new 'footballing philosophies' and face the stark reality of where we currently are. I'm not saying forgive or forget (far from it!), but we urgently need to get up to speed and deal in the here & now. Depending on how things go off the park this month, we might be heading for another insolvency/administration event, but we don't know for sure either way because nothing is certain on that front, just as nothing is certain on the pitch either. We might drop points or lose a match, but no matter what happens, I think we all know that the 'journey' is getting tougher and tougher and that's something which was always on the cards both on & off the pitch, so it certainly shouldn't come as a surprise. The idea of an easy journey back up over 3 or 4 years while creating golden seeds for the future amidst new philosophies for the Club was a total and utter pipe dream. Even if we had been taken over by good guys instead of chancers and liars like Green & co, we were still realistically facing trouble along the way and potentially a period of 5 years or more before getting properly back on our feet and challenging in the top flight again. We might not be in a good position right now, but essentially, nothing has changed and we're still on the same path albeit a slightly more windy & rocky one than many of our fans seemed to think it would be. Our progress back to where we belong might still be set back even further by current and/or future financial issues, but we don't know for sure yet. What we do know for sure is that the people running the show need to collectively get their acts together, steer the Club in the right direction and ease the worries of the supporters, not through more moonbeams and lies like were served up in the past, but by addressing the immediate future as openly and honestly as they can without damaging the value of their precious shares.
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you really cant make the fiasco that were in up. 70 million pissed up a wall in 18 months. Money being shipped out the club at all angles. Inflated salaries on and off the park with gross mismanagement being being the order of the day. We now find ourselves living on the edge of oblivion once again. Our current board are way out of their depth. Backed by shareholders who bought into the charles green revolution, only to find out that in the grand scheme of things that hes taken everyone for a ride. We are being run by a board who are guilty of stupidity, niavety and downright arrogance. These guys get to see the books. They knew about mike ashley and the incredible deals he struck with Green. The ones with no benefit to the club whatsoever. They lie to the the fans promising things that they cant produce when the chips are down but still expect the fans to come through the gates to finance their incompetence. Now we are living on a week to week basis with the club being run by the seat of its pants. There is only one way the club can go from now on and that is down. No amount of share buying from supporters groups or anyone else is going to save the club. it will only prolong the agony. Administration looms again and its not if, its when. and it will be back to the drawing board again.
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"A turbulent week at Ibrox has put the club's future once again at risk. RANGERS face an instant SPFL disciplinary investigation if they fail to pay their players and coaching staff at the end of the month, it was revealed last night. Former director Imran Ahmad’s court victory on Friday, freezing £620,000 of the club’s dwindling £1.2million cash reserves, leaves the beleaguered Gers board struggling to make payroll. Now, if they default, rules introduced two years ago on the back of Hearts’ problems leave them no wriggle room. The potential punishments only apply to the club defaulting on its football wages, not an administrative salaries they have. However with their staff due their cash in the bank on September 25, the last Thursday of the month, sources believe they could be cutting it neat with a monthly burden of around £700,000 to meet. Regulations E17 and E19, introduced by the old SPL and carried into the new SPFL rulebook, cover any breaches of remuneration to players, coaches and management. Any default will be hit by an instant registration embargo. They will also then be subject to disciplinary procedures, which allow the governing body sanctions ranging from a slap on the wrist to docked points to exclusion from the league. The Ibrox club’s hopes of avoiding that scenario now rest with the success of their forthcoming £4m share offer, although from that figure, they’ll have to deduct a six-figure sum for costs plus £1m to cover the loan given to them by businessman George Letham. Director Sandy Easdale claimed in our sister paper the Daily Record in midweek that he wouldn’t be calling in the £500,000 he had lent. However Mailsport understands Letham, who has already given the club one extension on the terms he agreed, which saw his loan fall due from season ticket money, is adamant he’ll now take what he is due because he would rather have his cash back than be left with the car park his money is secured against. Rangers also no longer have any regular retail income following their decision to outsource that branch of their business to Mike Ashley’s Sports Direct, a move revealed earlier this week when 51 staff from their stores were TUPE’d acros to the the billionaire’s company payroll. It’s believed that although SFA rules prevent the Newcastle United owner extending his shareholding in the club, he could yet bail them out with loan payments to tide them through the coming months. The potential cost of those, both financially and to the club’s powerbase, is still unclear." http://www.dailyrecord.co.uk/sport/football/football-news/revealed-rangers-face-immediate-spfl-4177789? Comment: I realize it may be scaremongering and "the Mailsport understands" sounds almost like "We hope...". It is all so familiar, sadly, this kind of communique
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Do you remember when we knew what Celtic players looked like? Do you remember how we would listen in nervously when they played, hoping that they'd falter? The football landscape has changed so much in Glasgow that the city is no longer an Old Firm goldfish bowl. Instead, the two sides function in separate atmospheres. With no Old Firm interaction, each has become a stranger to the other. The current Celtic team could walk past me in the street and I probably wouldn't know who they were. For Celtic fans, due to Rangers being run as a retirement home for elderly footballers, they have no difficulty in recognising Rangers' established guys, but many of our players are unfamiliar faces to them too. There was a time when fans of each side knew the other lot almost as well. They didn't need to learn the enemy team, they just knew it. Not so long ago, a Rangers-supporting friend of mine used to chat fairly regularly to a fellow dog walker. It turned out that he was talking to a leading Celtic player, and yet he had no idea. This surely couldn't have happened in the past. We knew them and they knew us. Now, Celtic's profile has dipped as a consequence of Rangers being in the football wilderness. Ours has dipped too, of course, although Rangers is such a dysfunctional entity that it retains a profile of sorts by providing a daily source of amusement to the nation. Apart from the obsessed element in the Celtic support though, which keeps Rangers under intense scrutiny at all times, there is a realisation within the Celtic fraternity that the game is up for Rangers. The laughter has abated and they even feel a degree of sympathy for us. They are looking at a future now that might not be seriously challenged by Rangers, and as they come to terms with it, there is a grudging realisation that they are poorer for it. Now that the big two has been reduced to the big one, the intensity has disappeared, the temperature has cooled and the colour has faded. Celtic fans are living in a monochrome world where the competition is either walkover material or too good for them. It is a bore. It's not boring being a Rangers fan, though. The football may be rotten but when was clinging to a life raft ever boring? Rangers fans are living out an outrageous soap opera where each twist is more absurd than the last one. This Rangers saga could not have been made up or engineered even by a bitter and hateful enemy. It is a tale of woe beyond imagination and comprehension, and with every day that passes, the realisation dawns that bouncing back is hard to do when the ball is burst. The leading figures at Rangers have become cartoon characters. There is nothing that they do which shocks or surprises. Talk of the stadium being sponsored for the grand total of £1 is eminently believable. This is the calibre of people Rangers FC is run by in the 21st century. Every statement, announcement or comment from the club is greeted with ridicule and dismissed as being symptomatic of a failed and toxic regime. Rangers has ceased to be a credible entity. It is crumbling and falling apart. We are often reminded when we complain about politicians that we get the governments we deserve. If the same can be said of the governance of football clubs, the Rangers support must have been guilty of something dreadful, or maybe we're just not that bright. Either way, Rangers fans have an allegiance to a club that is an asylum for the clueless, the calamitous, the absurd and the avaricious, and it is conspicuously rotten from the front gates of Auchenhowie to the top of the Ibrox Stadium flagpole. I have long believed that Rangers had a sell-by date. I always suspected that it was going to become an unwelcome institution in a changing world. I was concerned too that it would fail under 'private' ownership. The only solution was to become a fan-owned club that embraced a new enlightenment, but our failure in this area has been as embarrassing as it is shameful. As we remind ourselves, almost hourly, what a mess it is at the top of the house, we really have to take account of our own inability to properly attempt some kind of rescue. We may have been turned over, but we have been passive, mostly inactive and even apathetic during this crisis. As per usual, we wait on a saviour, and if there isn't one, we just keep waiting anyway. When the lights go out at Ibrox, or when they become so dim that they can barely be observed, ask yourself - how will Scotland remember Rangers? Fifty years after Rangers' passing, how will our children and grandchildren remember the football club that is so much part of our lives? I suggest that Rangers will be remembered with the same kind of affection that BBC Radio Scotland and Radio Clyde currently have for our club. We will not be fondly remembered or missed. The country will be glad to see the back of Rangers and it will speak of us in a highly derogatory tone when enough time has elapsed to make us a distant memory. Bearing in mind our current predicament - and we are all aware that another collapse could be close - not only would we lose a club that is dear to us, as people, we would be marked down by history for having an association with a club that will almost certainly be remembered as a monument to bigotry. And with this double whammy in mind, what do we do? We wait, and wait, and then wait some more. History won't be kind to us for this either.
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I see a 'well known' poster on FF has brought MVL into the equation, Can someone explain what it means and is it likely?
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September 6, 2014 / billmcmurdo The Ibrox boardroom wars are still rumbling on, with the board doing more damage to themselves than the rebels can inflict. I am dubious of the so-called latest revelations – that Sports Direct magnate Mike Ashley was sold the naming tights to Ibrox for the price of 8 AAA Sony batteries. My feeling is this is an attempt to get the directors to release the real figure but if it turns out to be true, it is a massive hit against the beleaguered board. If the deal was made based on projections of Sports Direct selling boatloads of RFC merchandise, then it was still a poor one. The ball is now in the board’s court to reveal the true price of re-branding Ibrox. I have always backed the present regime but it is increasingly hard to muster confidence in their ability to steer the club through this difficult year. It doesn’t help that the board is hopelessly split, with CEO Graham Wallace having been “Matherised” i.e. converted to the rebel cause. Truth be told, Wallace has failed to provide the leadership and bring stability to matters behind the red brick facade on Edmiston Drive. The grand plan of the Fans Board has not galvanised the fan base but has been a monumental waste of time, effort, money and energy. Wallace’s alignment with those who have choked the sale of season tickets so necessary for the club to progress is a cave-in of epic scale. That said, the board’s feeble response to this has not helped engender confidence. I championed another contender for the post of CEO but was more than happy to support Graham Wallace when he took the reins. Now it is all a cod and the vultures are circling, ready to swoop in for the kill. It looks like the next phase of the Ibrox Civil War will be a head-to-head between Mike Ashley and Dave King. Question marks arise over the ability of either to invest substantially – both may be curtailed by football rules and in King’s case, he could be blocked by regulation here and in South Africa. Ashley will no doubt be turned into the antichrist by a Rangers-hating media here in Scotland. There is a consortium of people who are desperate to get hold of Rangers and if they cannot get control of the club on their terms, then they would rather see the club go under. King is their champion and this means he is their weakness. You get the feeling that when and if he is ever asked to actually pony up the money, he will not produce. Should the consortium prevail, with or without Daddy King’s involvement, Rangers will probably never be as dominant as they were at the peak of the SDM years but they will challenge Celtic for the Premiership. Success in Europe will be a pipe dream. Ashley and others are Rangers’ best bet of going to a higher level. Their vision and collective financial clout exceeds by far the grasp of the consortium. It is all about a clash of ideologies and visions. The problem for this board and investors like Mike Ashley is that they are trying to fight a battle based on AIM regulations against people who are not bound by these. The battle for Rangers is a street fight, a rammy, not a game of bridge in a gentlemens’ club. It’s time the board at Ibrox realised this. “Ground on which we can only be saved from destruction by fighting without delay, is deadly ground.” SUN TZU
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Incompetence or deliberate intent?
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Mike Ashley to up his stake in Rangers to 9.9% through the current share issue. Source SSN” Sources close to Mike Ashley say there are no immediate plans to invoke the naming rights at Ibrox stadium #Rangers @charlesp_sky: It's understood Ashley views his interests in Rangers as purely strong commercial ones which he intends to protect
