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" I've spoken to the manager about it and told him that, if the opportunity arose for me to go and test myself at a big club or a higher level, then I'm ready to do that. I'm happy here and won't force anything to get out. But I can't sit here and say I'll be a Killie player for the rest of my life. It's not in my hands. All I can do is perform well and see what happens in the summer. I've already proved I can play at a big club, because you don't get any bigger than Rangers. I have the mentality to play at a higher level. "

As the draw is to be made after the Dundee Hibs v St Midden game, I just thought I'd start a thread on it. What will be the best draw for us?, I want Albion Rovers @ Ibrox:rfcbouncy:

..........with his sly dig at Celtic chief executive Peter Lawwell HUGH believes the Rangers manager's gripes over the decision to host the League Cup final at Celtic Park were off the mark. IF Ally McCoist thinks Peter Lawwell was behind the decision to have Parkhead host the League Cup Final then he should have come right out and said it. It would be insulting your own intelligence not to believe the Rangers boss was making a veiled reference to Celtic’s chief executive when he said he’d have bet on Ibrox being snubbed and insinuated the decision was a carve up. Ally might feel battered from pillar to post as the second anniversary of the day Rangers went into administration approaches on Friday. But he’s coming across as someone who’s making noises for the benefit of the less discerning among his club’s supporters. The ones who believe the Ramsdens Cup would be part of a “Treble” if it’s won against Raith Rovers. Ally’s using diversionary tactics to deflect attention away from a team that has lately been getting stick for playing a brand of football that’s unattractive to a lot of the people who pack Ibrox. When Celtic Park was suggested as a possible venue for the Ramsdens Cup Final there were plenty of Rangers fans who objected to the idea. And their dissent was based on the fact they would have been uneasy about giving Celtic a substantial fee for the hire of their ground for the day. But they’d have thought it perfectly acceptable to make the Fife side play the final at Ibrox and surrender any semblance of equality they might have had going into the game. So in the interest of fair play Easter Road got that “Showpiece” while the SPFL then performed a balancing act forced on them by the need to maintain public order. Celtic Park gets two finals. Ibrox gets both Scottish Cup semi finals. No need for martial law to be introduced to keep protesters under control. What do we look like? Are we seriously to believe Lawwell walks into a meeting of the SPFL board and instructs the other members on how they’re to conduct their business over venue allocation? Dalmarnock’s Don Corleone tells the board their names will be on the contract to hire Celtic Park on March 16 or else their brains will. This isn’t the movies, it’s real life. I’m told the decision was taken by Neil Doncaster and SPFL secretary Ian Blair and was only communicated to Lawwell by telephone. Fergus McCann once attended a business meeting during his time at Celtic where he listened to one employee talk about the institutionalised bias against the club. The meeting was brought to an abrupt halt while Fergus instructed the paranoia sufferer in question that he didn’t ever want to hear the accusation repeated in his presence. He then admonished the guilty party by saying: “If you believe that, you’re 1-0 down in life, never mind football.” Rangers need someone with McCann’s vision, principle and integrity to lift them back to the top. There are lots of people with plenty to say about Rangers and their future but they’ve so far shown a marked reluctance to come forward and put their money where their mouths are. McCann knew it would cost him everything he had to stop Celtic being liquidated but he took on the club’s debt and saved them. There are people on the periphery where Rangers are concerned who give the impression they’re quite happy to wait and see if the club goes to the wall. At which point they’ll come in and pick up the pieces without straining themselves, financially speaking. The courage of your convictions, that’s what we’re talking about here. It could be argued Celtic needed McCann more than his money since he had a vision and a plan from which he never deviated. Rangers may wish they had someone like him as they curse the anniversary they’ll always have cause to regret. In the meantime, don’t sully your reputation with unfounded allegations, or else SFA compliance officer Vincent Lunny might construe your words as being injurious to a man’s reputation. Not that Lawwell enhanced his standing with his tit for tat response about betting on the biggest and the best stadium if you want to win. Petty point scoring does neither club any favour although I’m willing to bet such behaviour will never end as far as the Old Firm are concerned. DUNDEE chief executive Scot Gardiner says it was 100 per cent John Brown’s decision to quit as manager. Call me an old cynic, but the absence of any public comment by Bomber tells me two things. The first is the existence of a confidentiality clause. The second is that estimate of 100 per cent will remain irrefutable evidence in the absence of any chance to cross examine the witness. IF Eric Djemba-Djemba plays today it’ll be the start of a journey that has him passing through St Mirren’s history. Passing through as opposed to making a tangible contribution to it, and wrongly described as the club’s biggest signing. St Mirren have won four major trophies in 137 years. I’d argue Steven Thompson, who scored in the League Cup Final win last year, has made a lasting contribution to Saints’ history. And means more to them than a mercenary. http://www.dailyrecord.co.uk/sport/football/football-news/hugh-keevins-rangers-boss-ally-3127340

bearing in mind that my football credentials come from sitting on my arse in the Govan stand and standing on what is now the Broomloan stand for 40 years, could I have fucked up Celtic's season any more successfuly than the whinging bigot? Given that the league has been awarded to Celtic before a ball is kicked; Could I have manged to lose the League Cup to a team from a division lower than mine on 100/th of the resources? mmm, yep, I'm inept enough to have done that. Could I have got my team twatted out of the Scottish Cup at home to a side with 1/10 of my resources? To be honest, I probably could have. Could I have gone through a Champions League campaign, winning 1 and losing 5? Probably not, to be honest. I'd have lost all 6. So there we have it, a bluenose of 40+ years standing could have been only marginally more inept and done only margianlly more damage to Celtic than Yellow Tooth. Of a possible 9 trophies he could have won, in the absence of the only real competition, he has had 3 handed to him before the season started and won only 1 of the remaining 6 possibles. And this whilst managing a club whose resources are greater han the rest of the league combined. Yeah, they're queuing up to take Neily south of the border, that's for sure.

http://sport.stv.tv/football/clubs/rangers/263136-ally-mccoist-id-have-bet-on-ibrox-not-being-picked-for-league-cup-final/

...........when the Scottish Premiership is so moribund should be wiped from history Edwin van der Sar holds a world record – when he was at Manchester United he went 1,311 minutes without conceding a goal in the Premier League. That record is under threat. Celtic’s Fraser Forster is currently on 1,035 minutes in the Scottish Premiership. But don’t you think it would be an absolute scandal if Forster took that record off the Dutchman? Celtic are a heavyweight champ bossing the ring, seeing off a succession of flyweights week in, week out. Every game is a mis-match for Celtic, it will be an embarrassment if Forster doesn’t break the record. It’s no criticism of the England man – he’s just doing his job. But it would be so wrong for a keeper at such a dominant club in such an uncompetitive league to take such glory. On Sunday, Forster broke Celtic’s clean sheet record when he shut out St Mirren, making it 11 in a row. Charlie Shaw – a 5ft 6in keeper, Celtic captain and legend - set the original record in 1922. Neil Lennon described Forster’s achievement as 'a testament to him and the players in front of him.' Really? As Lennon also said, Forster wasn’t 'overly worked' during the 1-0 win over St Mirren. He’s not been overly worked all season in the Scottish Premiership. Celtic’s wage bill is more than six times bigger than the next highest in the top flight north of the border. Rangers are out of the picture, and there is no serious challenge. So any records broken by Celtic at this time when the Scottish Premiership is so moribund should be wiped from history. Not only are they totally meaningless, they’re an insult to those who worked so much harder to break the record previously. Read more: http://www.dailymail.co.uk/sport/football/article-2551378/ADRIAN-DURHAM-My-four-questions-Manchester-United-fans.html#ixzz2sLmPGYf4 Follow us: @MailOnline on Twitter | DailyMail on Facebook

Should be unbelievable but is just expected nowadays. --- The Scottish Professional Football League has decided not to take action against Celtic for a banner shown by their supporters in a league match with Aberdeen. Since November, the league have been investigating the display of a giant H by a section of fans at Parkhead, which was accompanied by the message "they fought and died for their wee bit hill and glen." Complaints were subsequently made to the SPFL, who confirmed they would determine whether the banner breached their rules on unacceptable conduct. STV understands the league have ruled there is no evidence to suggest their rules were breached in the incident. SPFL regulations say action may be taken if a person present at a match uses "words or conduct or displaying any writing or other thing which indicates support for, or affiliation to, or celebration of, or opposition to an organisation or group proscribed in terms of the Terrorism Act 2000." However, a club is not automatically punished under SPFL rules if a potentially offensive banner is displayed. The league's regulations state action can be taken if a club has failed to take the necessary measures to prevent spectators from "engaging" in unacceptable conduct. They can then only be hit with sanctions if it can be proven the club failed to adopted and implement procedures to try to ensure such incidents do not take place. The onus is also placed on clubs to be seen to "effectively deal" with any incidents of unacceptable conduct. A failure to do so may also constitute a breach of league rules. Celtic condemned the display of the banners shortly after, saying they had not been approved by the club and were not welcome within the stadium. UEFA, who have different rules regarding the display of offensive banners at games under their jurisdiction, fined Celtic £42,000 following a display at the Champions League match with AC Milan last November. On the banner, unfurled before the match, images of William Wallace and Bobby Sands were shown alongside the message: "The terrorist or the dreamer? The savage or the brave? Depends whose vote you are trying to catch or whose face you're trying to save." -- Can you imagine what this will encourage them to display next? FFS, what a state..............

It's the Sun so hopefully as untrue as many of their stories, but, it does chime with Keith Jackson's recent statement that we'd have no money in weeks, not months and if you remember the original estimate of "last million by April" and deduct unseen pay offs since that prediction then this is scary enough, despite the source. The emboldening at the end is by me, not the paper, to perhaps give a more hopeful reading experience for you - though again it is a dodgy source. "RANGERS are at the centre of a financial cover-up investigation over claims the club will be broke within two weeks. The stock exchange inquiry was launched after an Ibrox official is alleged to have forecast they would run out of cash by mid-February. New chief executive Graham Wallace has assured fans there is no danger of a second plunge into administration — two years after ex-owner Craig Whyte steered the club to its doom. But in a complaint to the AIM exchange, a disgruntled investor writes: “It’s the worst-kept secret in Scotland that the club is running out of money in the next few weeks, yet the board has made no announcement.” The shareholder says Rangers should have disclosed any projected shortfall under stock market rules. AIM chiefs have vowed to investigate the claims. An Ibrox spokesman said they could not comment on regulatory matters. But a source said last night: “It’s untrue — there are people trying to undermine the board." (By Cameron Hay)

Neil Lennon was spat at, had coins thrown at him and was the subject of verbal abuse at Tynecastle, according to the Celtic manager's agent. Lennon was watching Aberdeen's League Cup semi-final victory over St Johnstone and had to leave the game early, Martin Reilly told BBC Scotland. He said: "I'm absolutely raging about the treatment of Neil, about the stewarding and the fans' behaviour. "It's scandalous that Neil is treated like this." Reilly said that Lennon and Celtic coach Gary Parker had to leave their seats in the main stand after 70 minutes of the game. During the match, which Aberdeen won 4-0, play was held up briefly as two young supporters ran on to the park and got to the technical area, where Lennon was infamously attacked by a Hearts fan in 2011, before being apprehended by police and stewards. http://www.bbc.co.uk/sport/0/football/26002727

.........and steer club into fan control 1 Feb 2014 07:56 PAUL GOODWIN believes the Light Blues legions could own the Ibrox club within 18 months following successful attempts by Hearts and Motherwell. SUPPORTERS DIRECT chief Paul Goodwin believes Rangers fans can assume control of their troubled club within 18 months. Goodwin, the head of SD in Scotland, has long championed the importance of community ownership within our national game. And he is convinced the Ibrox faithful can overthrow the current regime – providing they mobilise themselves into one powerful movement and start pulling in the same direction. At the moment there are four main fan organisations – The Rangers Supporters Trust, The Rangers Assembly, The Rangers Supporters Association and the Sons of Struth – with all groups battling for supremacy. But Goodwin, who helped oversee fan buy-outs at Stirling Albion, Clyde, Dunfermline and East Stirling has called for them to unite as one. Indeed, given the lack of trust in the current board, the lack of transparency, the current climate of financial uncertainty along Edmiston Drive and the plunging share price, he reckons this is an ideal opportunity to get the bandwagon rolling. Goodwin said: “I believe if the Rangers fans united, and that is the key, into one cohesive unit there is no reason why they can’t own the club within 18 months. “At the moment we have 8000 Hearts supporters paying £20 a month as they move towards fan ownership and if you have 20,000 Rangers fans doing the same you can go out and buy shares because it is a liquid market. “The simple maths say 20,000 fans paying £20 a month would give you £4.8million in a year. “It just needs the right type of people to pull that together and that is the hard part for Rangers. “I don’t have any doubt it can be done. SD have been working in conjunction with clubs right across Europe. “In Greece you have Olympiakos and Panathinaikos and there are plenty of clubs in Spain, Poland and France who are also going down this route. “Hearts are the biggest we know of in this country going down the route of fan ownership at the moment.” The Rangers share price has plummeted in recent months, from 70p to just 26p and for just over £4m, fans would be able to command a 25 per cent stake in the club. And Goodwin insists the Ibrox outfit’s supporters have nothing to lose pursuing the community ownership route having given their backing to the Craig Whyte and Charles Green regimes with catastrophic consequences. He said: “I believed that Rangers being placed into administration represented a significant window of opportunity to buy the club. “Of course, as we know, this didn’t happen for a variety of reasons; mostly because for many years the fans had been divided and ruled by previous owners of the club and had been left without a united voice, forced to pick sides in amongst political infighting. “Time has moved on and Rangers have unfortunately continued to be dogged by further challenges at the back end of the administration process. “It could have been so different if a credible fans’ bid had been used to galvanise the Ibrox faithful as we have seen at Dundee, Dunfermline Athletic, Portsmouth down in England and of course at Hearts. “Rangers supporters in the past have been used to following leaders whether it be Paul Murray, Craig Whyte or somebody else. “This is breaking the mould and now they don’t have to follow anybody. “What can the objection be? “It can give the fans the empowerment to pick exactly who they want to represent them. “We have four clubs in Scotland that are currently fan owned and we have another four waiting in the wings – Annan, Ayr, Motherwell and Hearts. It is the way forward because there is no other route.” Goodwin confirmed he has already spoken with supporters’ representatives from Rangers. He said: “I have been talking with them over the past 10 days and I will continue that dialogue to see whether there is something we can do. “There is a real opportunity here and I don’t think there is anything to lose. “We can advise and consult but it is ultimately up to them. “Some people have to emerge from the shadows and then we can give them all the support possible.” Goodwin was speaking at the launch of ‘The Colour of our Scarves’ initiative which has been organised by Supporters Direct to help highlight the issue of sectarianism. World renowned photographer Stuart Roy Clarke has been commissioned to produce a series of images captured at every senior ground in Scotland. The project has been funded by the Scottish government and Goodwin is hoping the sectarianism problem can be tackled through imagery rather than words. He said: “We wanted to try to demonstrate through Stuart’s amazing pictures that all fans are the same, apart from the scarves around their necks. “It is the same emotions that bind us all together and that was the reasons behind the project. “We are going round every single ground and also doing loads of workshops in schools and colleges. “It is becoming less of an issue but you need to keep working at it.” Clarke, who singled out Aberdeen as his favourite fans to photograph, has been amazed by the reaction to his pictures which will be on show at a touring exhibition around the country over the next 18 months. He said: “The response has been overwhelming. “While I like banter and edginess I don’t like hatred so hopefully this project can make a small difference to a big problem.” http://www.dailyrecord.co.uk/sport/football/football-news/supporters-direct-chief-calls-rangers-3100404

By Chris Graham Let me state from the outset that it is the right, and to some extent the duty, of fans to question the team and the manager. Rangers fans pay good money to support the team and like fans of any other team they have every right to debate team selection, tactics, signings and everything else that effects the team they love. So in some ways the recent debate around Ally McCoist and the focus on the performance of the team is a welcome relief from the constant boardroom shenanigans we've had to put up with over the past two years. Having said that, the debate over the board was peppered with misinformation and the recent discussion and debate over Super Ally has been the same. There is a unique hypocrisy to claiming you are a loyal fan and then performing an attempted character assassination on someone who, no matter how skilled a manager they turn out to be, is a club legend who held the club together through one of the most turbulent periods in its history. If you find that you are prepared to publicly describe a man, who was widely acknowledged as having carried the club on his shoulders during the past two years, as having "sold out" then you better make sure you have something to back up your claim beyond internet rumour and an inability to comprehend publicly available information. There have been three main examples of where recent discussion around McCoist has moved from normal fan and press examination to something considerably more sinister. Michael Stewart's ill considered rant on BBC Scotland Sportsound was one. The barely concealed vitriol of Glenn Gibbons' recent Scotsman article was another, and last but not least, and the most disappointing of all since it appears to have been written on behalf of a group of Rangers fans, was an article on the Vanguard Bears front page. Let us first consider Michael Stewart and friends on BBC Scotland last Saturday night. Stewart's opening gambit is to tell us that he's had a run in with Ally McCoist earlier that week over something he had written in the Sun, and what follows certainly indicates that he hasn't taken terribly well to being put in his place by the manager. He's ably assisted by Graham Spiers who decides to break the BBC rule of not commenting on internet leaks by discussing the general content of leaked emails which he wants us to think should be "difficult" for McCoist. Apparently McCoist is "feigning" not having detailed knowledge of Rangers finances. The entire BBC panel are happy with their original assumption that McCoist must know more about the finances than he's letting on. Nobody wants to challenge it. At no point does this panel, with literally no knowledge of management or coaching at a big club, club finances, or the internal conditions at Rangers for the past two years, consider that McCoist might simply have been working to the, with hindsight, wildly inaccurate financial projections of former Finance Director, Brian Stockbridge. Quite how a discussion which starts with talk of Stockbridge's removal turns into a critique of McCoist is a mystery which will have to remain with the panel. McCoist, we are told, "knows how to work it". He knows how to "manipulate public opinion". The first caller is inexplicably a Celtic fan who continues the character assassination and is allowed several minutes to object to any, even timid, defence of McCoist. I could go on. The entire thing is a disgrace. The programme is well into its swing before Stewart is teed up, in a move clearly discussed before the show, to indicate his disdain for McCoist's coaching talent. This is Michael Stewart who hasn't coached a team in his life. Spiers is allowed to state, without challenge, that McCoist's salary is £850k a year - the latest falsehood from a man to whom accuracy is a form of kryptonite. Stewart has spoken to former Rangers players (unnamed) who have told him "the training is very standard" and "nothing exceptional is being worked on". Standard training! How shocking. Spiers, who has previous on unsubstantiated claims from unnamed sources, tells us that an SPL manager has told him that Rangers "don't play like a very well coached team". We are then treated to some faux outrage about McCoist and his backroom staff celebrating too much over a goal against Dunfermline. Yes, really, they think he shouldn't be celebrating goals too much. I'm not going to go into a huge amount of detail about Gibbons' article. If you haven't seen it then don't bother. It's exactly what you would expect from a man who cannot hide his hatred anytime he writes about our club. What was most remarkable about his article was not the content, or the malice in it towards McCoist, but the fact that certain Rangers fans were happy to promote the article on social media despite having full knowledge of what Gibbons was all about. All of which brings us to VB and the article on their front page. I should perhaps declare that I have previous with some members of VB but I largely ignore their more vitriolic output, even when it is directed at me and others I know. However, this article was so full of drivel, and frankly so disrespectful to a man who has given so much to the club, that it is worthy of comment. I'll pick up on a few points made by the anonymous VB scribe before moving on to try to lay out some facts about the past couple of years relating to Ally. The article states as fact that "at no point was McCoist working for nothing". This is nonsense. It tells us that Ally's salary was £825,858 per annum. This is wrong. It tells us that Ally's recent offer to take a huge wage cut is in fact a "deferral". Again not true. In addition to the above inaccuracy we have some pretty shameful language used to describe McCoist. He is a "so called Rangers man". He is "as much a drain on our resources as the people on the board who were branded spivs". Finally, in a show of both ignorance and arrogance the unnamed author tells us that "it appears we have been sold out by our manager". So let's examine McCoist the "sell out" shall we? Ally McCoist did work for free for 3 months during administration. He received no salary at all for March, April and May 2012. He has never received a penny of that money back. His gross annual salary is £750,000 a year. There were no bonuses. If you properly examine the accounts and the prospectus then this is quite clear. Following the takeover of the club, McCoist agreed to work for a lower wage of £600k for a period of five months. When £22m was raised from the IPO, his representative requested that his wage payments be returned to the contracted value and that those payments were brought up to date for the 5 month reduced period. At no point was McCoist's contract amended or was any suggestion made by the board that the wage reduction be permanent. McCoist did not at any point request an increase in his contracted salary. During Administration, when he should have been coaching the team, McCoist was constantly meeting with Administrators, the legal representatives of the SFA, SPL and SFL as well as the various office bearers and executives of those three organisations. Following that, he continued to take part in the process of negotiating the infamous five way agreement and the smart money is on the outcome of that being considerably worse had it just been left to Green. All of this was taking place when Michael Stewart would have us believe that McCoist should have been completely restructuring the playing side of the club. Even as late as November 2012, whilst still on reduced wages, McCoist was being asked, in addition to his football duties, to present to potential investors in London during a two week period ahead of the IPO. All of this was in addition to having to cobble together a squad which had been decimated by administration, to which the vast majority of additions were free transfers and where several of the additions were not of his choosing. Is his wage too high? With hindsight, yes, but he offered to reduce it in October 2013 and, for reasons known only to the Executives at the time, the agreed cut was not actioned until around a week ago. They seemed more intent on attempting to deflect attention away from their own disgraceful plundering of the club than they were on accepting a genuine offer from someone who cares as deeply as you or I about Rangers. The idea that McCoist should have offered to reduce his contractual wage when the original financial projections showed only a loss of around £1m for the financial year is ridiculous. It is even more ridiculous when you see the wages and bonuses being paid to others at the club at the time. Why would McCoist have thought the club couldn't afford it? Even when that predicted loss was amended to £7m it is quite apparent that those around McCoist, with a much clearer view of the club finances, were reassuring him that all was well. As recently as October 2013, Stockbridge was still telling everyone that player wages were "sustainable". As soon as it became apparent that Stockbridge, Green and Ahmad had got things woefully wrong and that the club was haemorrhaging money at an alarming rate, McCoist offered to reduce his wage in the region of 45%. Apparently, to some, this makes him a "sell out". The worst thing about this is that there is a coordinated feel to some of the recent attacks on McCoist and I sincerely hope that those Rangers fans taking part in it are doing so through ignorance rather than complicity. Criticise the manager to your heart's content for things you don't like on the pitch. Debate the team selection. Debate the signings. Moan about under par performances but remember the burden which has been borne by McCoist over the past two years. Ask yourself if anyone else at our club could have done it. Ask yourself if he genuinely should have had such in depth sight of our finances that he was able to contradict our own financial director's forecasts. Ask yourself if you really want the final, high profile employee at the club who has genuine feeling for Rangers, removed for failing to do a job that was never his to do in the first place. It's an odd situation to see a group of Rangers fans, who normally, often quite correctly, scream from the rooftops about BBC output, suddenly promote Michael Stewart's rant on Twitter and forums. It's odder still to see some of them promote the work of Glenn Gibbons whose previous they are more than aware of. When challenged on this approach we've seen the group in question's official Twitter account inform another Rangers fan to "take McCoist's c##k out your mouth". Frankly it's the sort of thing you'd expect from the most demented amongst the Celtic support. We've seen PR men, supposedly working for the club, not only look to undermine a potential investor in Dave King but now also attempt to turn fans against our own manager. Clearly some are more eager to believe this nonsense than others. You really have to wonder why. The time to judge Ally McCoist will be when he's had an opportunity to do his job unhindered. It will be when he's had the opportunity to build a team out of something other than free transfers and young lads. Despite that fact that none of these norms have been afforded to him during his time as manager, he's continued to do his best in trying circumstances and has comfortably achieved the required promotion from two divisions. I fully expect him to achieve the same next season. Perhaps Graham Wallace will show himself to finally be the CEO who will provide Super Ally with the basic tools to do his job and be judged in fairer circumstances. For all our sakes let's hope so. In the meantime, debate away but how about we show our manager, a club legend, some respect and don't lap up the vitriol from elements of the press and dark corners of the internet?

R&M are now the third largest shareholders in Rangers with 7.37% of the issued share capital. As stated in the other thread they are "long only" investors i.e. they do not operate hedge funds which might bet on the price of a share going up or down. The shares are held in their World Recovery and UK Equity Long Term Recovery Funds. The objectives of these Funds are as follows: UK Equity Long Term Recovery Fund The objective of the strategy is to outperform a target of LIBOR + 4% per annum. In seeking to achieve the objective the portfolio will primarily consist of UK equities that meet the manager’s recovery criteria of a turnaround in company profitability over the longer term. The manager does not operate within relative risk constraints, but sets absolute limits on the amount of capital allocated to any particular company or sector. World Recovery The objective of the strategy is to achieve capital growth, through investing in a portfolio which will primarily consist of international equities that the investment manager believes will benefit from a recovery in company profitability over the medium and longer term. The Fund will not be restricted by reference to a benchmark, territory, sector constraints or company size. I have a connection with one of the most senior people in the organisation who has invited me to send a list of questions which will be answered by him and/or the Fund Manager, Hugh Sergeant. Hugh Sergeant graduated from the London School of Economics with a degree in Economics. Hugh began his investment career at Gartmore in 1987 as a UK Equities graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there. He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund. In March 2000 Hugh was promoted to Head of UK Equities at UBS Global Asset Management and Chairman of the UK Equities Committee. He joined SGAM in 2002 where he was Head of UK Equities, manager of the Growth strategy and co-manager of the Special Opportunities Fund. Hugh joined R&M in August 2006 and currently manages the UK Equity Long Term Recovery, World Recovery and UK Equity High Alpha Funds. Hugh is Head of the UK Equities team at R&M with overall responsibility for managing and developing the team. (Source - Citywire). He is AA rated by Citywire; having outperformed the average manager in the UK Equity Sector by more than 80% over the past 5 years. I have some fairly obvious ones to start with: Can they chart the build up of the holding to the current 7.37%? Why were they not listed as having a notifiable holding on Rangers Investor Relations Website when they had 4.7%? (Zappa) Do they intend buying more shares Who did they support at the AGM and why? If they supported the requisitioners what is their view and position on the current Board? What is their objective /target price for the shares? (unlikely they'll reveal that publicly of course) Are they looking for a seat on the Board? Can they get me tickets for the Directors Box? I will keep this open until about 9.00pm tonight for additional questions and then pull it together for an email (and I would appreciate it if no one hacks into my account).

It seems like the succulent lamb has moved fields. I doubt there would be many Rangers supporters who, after what has transpired over the last three years, who would suggest some of the articles written about our club were merely “puff journalism”. Of course they didn’t have to dig too deep – after all the Rangers Tax Case Blog and BBC Scotland’s “The Men who Sold the Jerseys” had done all the work for them - all our media had to do was apply their own opinions to the information which was readily available – despite the questionable source and interpretation of that information. And apply their opinion they did, as we all know. Time and time again. They drooled, they dribbled, they salivated over questionable events surrounding our club. But what they didn’t do was dig. No small wonder then that Thomson is also on record as saying : And you know what ? He is right. It finally dawned on me when Lord Nimmo Smith’s SPL Commission report contained the startling revelation that the material used by BBC Scotland in the aforementioned documentary was actually evidence which had been stolen from the Rangers Tax Case. And the response from our media ? Not even a murmur. The fact that the evidence in a case they had milked, salivated, opinionated, discussed in such minute detail had been stolen, appears not to even have raised an eyebrow of curiosity. Imagine for a moment the OJ Simpson trial – and it was discovered the infamous glove had been stolen from the evidence cabinet and the media hadn’t raised a murmur ? Nope – I can’t imagine it either.. But of course this is Scotland land of lazy, sycophantic and incapable of asking awkward questions journalism. Perhaps no-one in the Scottish media wants to ask questions of their own – the journalists at BBC Scotland who received and retained the stolen evidence – a kind of “closing ranks” if you like. Or could it be that for a Scottish Print media in dire trouble, evidenced by the recent voluntary redundancies at The Scotsman, the occasional appearance on BBC Sportsound is a nice little earner in uncertain times ? When the Rangers Tax Case received the Orwellian Award it was hailed as :- It seems history may be on the verge of repeating itself. As the blogger behind Football Tax Havens, ably assisted by the tenacious PZJ, asks searching questions of land deals between Glasgow City Council and Celtic FC, one could be forgiven for thinking that this topic appears to be “off limits” for the Scottish media. Perhaps in the near future another blogger will win an award hailed as ““Displaying focused contempt for those who evade difficult truths, and beating almost every Scottish football journalist to the real story” And if he does – you can bet your bottom dollar there will be even more voluntary redundancies within the Scottish Print media.

........says former Hearts boss Paulo Sergio. SERGIO was dismayed when the winger left Tynecastle to join Rangers in the bottom tier last term and says Templeton has been dragged down by his 18 months away from the top flight. PAULO SERGIO fears playing in the lower leagues has stifled David Templeton’s development but is praying it doesn’t stop him fulfilling his true potential. The former Hearts boss was dismayed when the winger left Tynecastle to join Rangers in the bottom tier last term. And the Portuguese believes twinkle-toed Templeton has been dragged down by his 18 months away from the top flight. Sergio worked with the 25-year-old during his one season at Tynecastle and marvelled at the ability of the player who scored against Liverpool at Anfield just 24 hours before he signed up for a battle in the Third Division with Gers. It was a crucial stage in Templeton’s career and Scottish Cup-winning gaffer Sergio reckons he would now be flourishing rather than floundering if he’d held out for a switch to the English Championship. Instead Templeton, although hampered by injuries at times, has struggled to capture his best form at Ibrox. He has mustered just five starts this season although his scoring appearances off the bench in the last two games show signs he could live up to his £800,000 transfer fee. Sergio just hopes his talent doesn’t suffocate in the time it takes Rangers to get back to the Premiership. The 45-year-old said: “I always believed during my time at Hearts that David had the ability to move to a higher level. “I spoke to him and others and told them they had the qualities to progress. It was my way of motivating them, trying to work their mentality. “I explained to them they go could higher and I really believed in David’s case he could do it. “That’s why, in terms of career, the move he made to the lowest division in Scotland wasn’t the best choice. “In these last two years he’s been playing in a standard of league that isn’t the best to develop a player who is 23 or 24. In the lower divisions the quality isn’t so high. “I know Rangers are a huge club and I hope they can get back to the Premiership but at this time I don’t believe it’s best for David. “You could argue he should stand out more than he has because he’s up against players with less ability than him. “But the way I see it is if you are a top pianist playing in a bad orchestra then the music won’t be good. If you want to develop yourself I believe you must play with and against the best. “If he’d come to me when he was making the decision to leave Hearts I would probably have advised him to go to the Championship in England. “I know he’s playing in a huge club with a great history but individually I’m not sure it was the right move for him. “He’s working with a fantastic manager and technical staff but the competition is not the same. My only hope is there is still time to see the very best of David. “I hope these years of playing in the lower divisions don’t kill his development and the level he could reach. “I like him, I only have good words to say about him. That’s why I’m sure he could have picked up a club in the English Championship when he was leaving Hearts and that would have been a good move.” While Sergio always believed Templeton had the ability to reach the top he insists a strong mentality is equally essential to ensure he gets there. And he wants to see his former protege show the hunger to be the best he can. The former Sporting Lisbon boss said: “To play at the highest level the thing that makes the difference is the brain. You need to marry ability and mentality together. “David was a vital player for me at Hearts because he’s so quick with lots of technical ability. “When I first joined Hearts and I assessed all the players he was one who stood out. His technical ability and pace sets him apart and that’s why I had a lot of belief in his ability to reach the top. “But mentality is so important and what level he reaches depends on his head. It’s about mentality, desire and hunger. “Did I have concerns about his mentality? Any small issues I might have had with players stay between me and the player. “I had a good relationship with him and only have positive things to say about David. He was crucial for me and I’m grateful to every player I worked with at Hearts.” http://www.dailyrecord.co.uk/sport/football/football-news/david-templeton-being-dragged-down-3068184

I spotted this and thought it was a bit odd to say the least. THE RANGERS FOOTBALL CLUB LIMITED on the companycheck website here - http://companycheck.co.uk/company/SC425159 (scroll down to the Event History list) ... it states that the most recent event is: "22/01/2014 - New Board Member Mr A. Easdale appointed" Why would a Mr A. Easdale have been appointed on Wednesday when a Mr A. Easdale had already been appointed back in September?

Former Rangers director Dave King fears a savage programme of cuts will leave the Ibrox club unable to halt Celtic’s title-winning momentum. Reacting to news of Rangers players being asked to consider wage cuts of up to 15 per cent King remains committed to investing heavily in the club via a new issue of shares. As Chief Executive Graham Wallace tries to slash the club’s losses before seeking fresh investment, however, South Africa based King tells Sportsmail in a wide-ranging interview of his fears that could hand Celtic a free run at 10-in-a-row. +4 Fears: Rangers director Dave King believes a programme of cuts could hinder Rangers' chances of halting Celtic's title-winning momentum in the future What is your view on the proposed Rangers cut-backs by Chief Executive Graham Wallace? 'My view has been very clear from the start and it hasn’t changed. I think the club require a level of investment in the playing squad that allows it to hit the ground running when it gets back into the SPFL Premiership. 'My view has always been that the funders should be like-minded people who are willing to come in and fund ahead of what’s required to win the leagues they are currently in. 'If we cut the club back to a level that’s just enough to win the League One or the Championship then that’s fine. But the gap between ourselves and Celtic when we get to the Premiership will be obvious. 'And it will render Rangers a small club in SPL terms for a longer period of time than need be. 'I’m concerned that because the shareholders there at the moment don’t have the appetite or willingness to invest ahead of getting back to the top league we will be really short in terms of the financial and on-field strength. 'No one wants to see Rangers finishing sixth or something like that. 'That would be absolutely horrendous. And certainly contrary to what I would want to do with the club.' +4 Widening gap: Rangers Chief Executive Graham Wallace (pictured with manager Ally McCoist) is proposing more cut-backs at the club The counter argument is that they are losing £1million a month. Even Rangers can surely only spend what they earn? 'They shouldn’t be losing £1million a month. There is no question that you must run the business at an appropriate level – that is clear. 'But I have seen comments that they could run it with the Dundee United wagebill and make a profit. 'They could even run it with the Dundee or Stranraer wagebill and make a profit because of the revenue a club like Rangers has. 'But if you run a club like Rangers on the budget of an East Fife it makes Rangers an equally small club.' But wouldn’t the cuts allow the club to stockpile cash for the Premiership as you suggest? 'Look, we have a situation where they had a fund-raising exercise where they raised tens of millions of pounds. 'One would have thought that that amount of money for a club operating in the third division with the revenue Rangers get for home games compared to the competition would have meant Rangers comfortably winning the third division and running up a surplus which would allow them to slowly move up the leagues and upgrade the quality of player as they go. 'In the latter half of the final season in the Championship they could significantly improve the squad. 'But they have not maintained a strong financial platform. 'We know now the money has been wasted on legal fees, wasted on so many different areas. 'But I don’t feel the club should respond by cutting the costs to the point of saying ‘we only have to do what is necessary to beat East Fife or whoever.’ 'Because if you do that Celtic will build up to 10-in-a-row and we could be so far behind them that even when we are back in the Premiership we are not in a position to catch up.' So there has to be a middle ground between the cuts proposed by Graham Wallace and lavishing cash on the team? +4 Finding middle ground: King believes the club need to spend appropriate sums of money 'Yes. It’s about finding the middle ground and the balance between losing money and doing what it takes to win. 'You certainly don’t want a Premiership wage structure to win the third division or even the second division. 'Your costs have to be appropriate. But just cost cutting per se and doing just enough to get by in the lower leagues is not what the fans pay for. 'The fans are not paying East Fife prices for season tickets. So they should get more on the pitch than the level they are at. 'We have not used the opportunity created by being forced down to the lower leagues to start blooding youngsters and getting them mentally attuned to the demands of winning titles with Rangers. 'Young players allied to a kitty to bring in the level of players needed to compete with Celtic was the way to go. 'Celtic are getting stronger financially. They have sold the McGeadys, the Hoopers, the Wanyamas and they are building up a reserve. 'They have cut their cloth and they are going to be in such a strong position with the revenue coming in that the gap may just be too large for us to bridge. 'That is my concern. Cost-cutting is not going to help us when we get to the Premier League. 'Because we could go into the SPFL top tier and finish fifth. 'The only alternative is someone having to open the taps up - and you can’t just buy a whole new team in a season. You can’t do that.' Do you fear that the cuts might even endanger the smooth path back to the Premier League for Rangers? 'Absolutely. Rangers ambition should not be to be slightly better than the teams in the first division. 'We really have to have a team, next year in particular, which is strong enough to prevail. 'We have to get through at the first time of asking next year. 'We have to be in a position to go up to the Premiership and we have to be in the position to launch a challenge to Celtic. 'There is no guarantee we are going to beat Celtic in the first season – infact it’s unlikely. 'It would be a miracle if Rangers were to go on and win the league the first season back. 'But, similarly, we cannot risk going to Celtic Park and being battered 6-0. 'We can’t start losing 3-1 to Hibs and Aberdeen and accepting it. 'Saying, "we are in a period of adjustment, it’s not too bad a season," is not an option. It’s totally unacceptable.' Should boardroom executives be shouldering more of the burden for cut-backs? 'If the CEO of the company has no money he has no choice but to cut wages and costs any way he can. 'But then Rangers are going to be a small club. 'They need an investment profile and what I was expecting post AGM was for the board to say, "we understand we have a funding gap, we understand we have to go and raise funds to start preparing Rangers for the inevitable return to the Premiership. We need to start bringing a youth squad through, we have to start scouting and having a proper preparation for challenging Celtic." +4 Winning mentality: David Templeton (centre) celebrates scoring in the 2-0 victory over Forfar on Monday 'And that would require the raising of funds in the marketplace. 'But it seems to me they are either unwilling or unable to do that. 'So what they are saying is, "we will cut the costs to make sure we do not need money."' 'Which effectively means living on the fans season ticket sales.' Graham Wallace says he could speak to you about investment once the cuts are made. Should he be doing it now? 'I think that’s a decision they must make. 'For me there is no problem with any CEO making cuts to right-size the business if that’s what they want. 'But the fans deserve more than the downsizing of Rangers to compete in the Scottish first division. 'They deserve a team which is superior to the competition in the lower leagues because they are paying for that. 'They deserve to see a progression in the quality of the finances and the players on the pitch as they move up the leagues so that we enter the Premiership in a competitive frame of mind. 'My concern is that we are making the club smaller. And that we are creating a gap. 'That’s not the fault of Graham Wallace because he is the CEO and has to deal with what he has got. 'It’s an issue relating to the board who should be having a rights issue – and that could mean the existing guys putting the money in if they want. 'The club needs a level of funding that allows it to go forward above the level they are competing in and make sure they have a fighting chance in the Premiership. 'I would never have expected us to go into the Premier League and come worse than second 'I’m mentally not attuned to the possibility of going up there and coming fourth of fifth. 'As a fan I would find that quite unacceptable and I don’t think Rangers should be run as a club which finds it fine to finish fourth or fifth while saying, "that wasn’t bad for a first season back." The worst we must do is finish second.' Have you had any communication at all from the Rangers board since your offer to invest after the AGM? 'None at all.' Read more: http://www.dailymail.co.uk/sport/football/article-2545041/Rangers-director-Dave-King-Listen-simply-risk-6-0-battering-Celtic-Park.html#ixzz2rIRgYNDJ Follow us: @MailOnline on Twitter | DailyMail on Facebook

Hi All,: As many of you may have heard, SDMC Productions is producing a Feature Length Documentary charting the Extraordinary story of Rangers Football Club - Still the most Successful Domestic Club in the World ! This was originally to be a SDMC & BBC project; however, due to the relationship between Rangers/The Fans and the BBC we have decided to fund this ourselves. We are now opening a project to include the Fans and Supporters in this feature and will then screen in Cinemas around Scotland. Please check out the link below to our project page and support if possible - Please also pass to Friends, Family and fellow supporters and help us get this project completed! Link: Thanks guys! Niraj. -- Niraj Dave |Researcher SDMC Productions Limited Email: niraj.dave@sdmcproductions.com Office: http://www.sdmcproductions.com [​IMG] Disclaimer: The contents of this e-mail are confidential to the recipient to which addressed. It may not be disclosed or used by anyone other than addressee, nor may it be copied in any way. If received in error, please contact SDMC Productions Ltd @ mail@sdmcproductions.com quoting name of sender and addressee. PLEASE DELETE FROM SYSTEM Please note that neither SDMC Productions nor any Employees or associates accept any responsibility for viruses and it is your responsibility to scan the e-mail and attachments (if any). No contracts may be concluded on behalf of SDMC Productions Ltd by means of e-mail communication.

​"'For an hour yesterday lunch-time Graham Wallace spoke about the state of Rangers, how the club got to this point and how he intends to move it forward. What struck home was how different he sounds compared to his predecessors; no trumpeting about brands and unexploited foreign markets, no playing to the gallery and telling people what they want to hear; no flannel and arrogance of the kind we have heard repeatedly over the years from Rangers executives as they sold a vision of the future while the present was crumbling around their ears. Wallace is enough of a realist to know the scale of what he faces at Ibrox. Everywhere you look, there are issues. TE: Since you lifted the bonnet and examined the finances has anything shocked you? GW: I?m not sure if shock is the right word. I followed what has happened to the club, albeit from a distance. It?s a situation where a lot of decisions were made with a very short-term focus. TE: When you say short-term focus is that a euphemism for panic? GW: Panic? I?m not sure I would call it panic. If you look at a football club you have to have a sense of what the next five years look like and then you plan accordingly. You don?t plan for 12 months in isolation. One of the things I have found is that the focus has (previously) been in the near-term. There?s been areas of expenditure where money has been spent and shouldn?t have been and other areas where we should have been spending and didn?t. The classic one was scouting and recruitment. At a time when this club needs to be identifying and scouting talent and acquiring talent at attractive levels our scouting and recruitment was largely dismantled. A small example of short-termism. TE: Did they blow it by not setting in place the scouting infrastructure when in the Third Division? GW: You could say that some of the decisions that should have been made then weren?t made and that?s a very good example. What the club should have been doing 18 months ago was investing more money in some of the things that could have borne fruit in the future. But that?s hindsight. TE: You need to save money, but you bring in another financial guru in Philip Nash. That?s not going to save money? GW: Phil can help us quickly get to the nub of some of the issues. He knows football structure. He?s leading the business review project for me so we can get up the hill really quickly. It?s about objectivity. I came here with a fresh pair of eyes and I brought Phil in on the short-term with a fresh pair of eyes and no baggage and preconceived ideas. It just helps us look at things in a more objective way. TE: Big decisions need to be made, big savings need to be found and it takes a big character to make those calls in a place that is not used to fiscal commonsense. Are you tough enough for this job? GW: I?m tough when I need to be tough. I know what needs to be done, I know how to do it and I?m focused on getting it done. TE: Are you prepared for a backlash? GW: You have to be prepared to back your own judgment and back your own ability. Yes, there was a bit of a backlash last week to the concept of a reduction in player wage costs. That?s an example of the area of the business we?re looking at right now. We said we were going to do a comprehensive review of the business from top to bottom and we?re in the midst of doing that. We?re looking at every angle and every opportunity to reduce our costs over the next couple of years so that we can position the business in a financially sustainable way. I keep talking about sustainability and it?s absolutely fundamental. The business has to be able to stand on its own two feet. It has to. It has to be able to stand on its own two feet without huge amounts of investment coming in just to fund the on-going operation. When we go looking for investment we will go looking for the right reasons on the back of a robust business plan. I?m confident in my own ability to be able to deal with situations that will arise. There will be things that will be easier than others. I?m well aware of that. TE: Do you know where you can save money? GW: In certain areas, we?ve a very good idea already. I?m not going to come out and tell you where they are but we?ve been working on the project for a little over four weeks and we are looking at every area. There are areas where we can definitely reduce the historic spend that we?ve had. By similar token, there are other areas where we know we need to invest and grow our top line revenue. TE: Okay, there was a proposal to cut players? wages, but what about a proposal to cut the wages of the executives? At what point do you target them? We all know who we?re talking about here. Rarely have I seen a more unpopular executive at a football club than Brian Stockbridge? GW: We?re looking at the executive team as well as the wider staff organisation. We?re doing it. And I will make my determination and judgment on each and every individual we have in the organisation. I?m well aware of the public criticism that comes with certain members of the staff. What I seek is the supporters giving me the time to complete the review. I will stand behind the decisions I make, good or bad. TE: So there will be changes at the top? GW: We?re looking right across the whole business and need a little bit more time to complete that project

....yet they'll prepare for Forfar match at four star Hotel. KEITH hits out at Rangers' lavish pre-match routine ahead of tonight's League 1 clash with Forfar claiming they are living a champagne lifestyle on an Irn-Bru budget. HERE’S a thing. You know those Rangers players involved in conceptual discussions about theoretical wage cuts last week? And who metaphorically booted the hypothetical idea into touch? Well, here’s today’s reality. Did you know they’re all being bussed to the Four-Star Carnoustie Hotel this morning? Where they’ll enjoy some fine dining for lunch, possibly at the hotel’s own AA Rosette-winning restaurant? Rooms will then be provided in order that they can enjoy an afternoon nap, for those not getting treatments in the spa. All for an away trip to Forfar? To take on Gavin Swankie and Darren Dods? Is it any wonder these players don’t know if they are coming or going? Or that, as he unwraps the chocolate on his fluffy cotton pillow this afternoon, manager Ally McCoist might pause to reflect on where it has all gone wrong. Talk about mixed messages? Talk about champagne lifestyles and Irn-Bru budgets? Talk about hubris, arrogance and over-indulgence? Talk about sledgehammers and walnuts. The constant noise and confusion around Rangers is truly head-melting stuff. No wonder the club’s new chief executive looked slightly ruffled last week when news emerged from Murray Park of his polite suggestion that the first team might consider 15 per cent pay cuts. For a man of his experience Graham Wallace, below right, ought to have known such a proposal would be unlikely to remain within the walls of the dressing room for longer than it takes a player to hit the speed dial button to his agent. It was bound to result in an outbreak of panic among a support that has seen this movie before and which was so badly traumatised by the way it ended. But Wallace can be excused because, not only is he new here but also there must be a million and one different, more pressing thoughts, pinballing around inside his head as he attempts to tackle this latest financial crisis. Commendably, he has promised to deliver a business model that will finally allow Rangers to live within its means. Sustainability, transparency and a bit of common sense would go a long way to sorting out the internal mayhem over which he presides. Today’s unnecessarily lavish road trip, though, is just more proof that, when he agreed to take on this position at the top of a dysfunctional board, he was in fact stepping into life through the looking glass. Wallace in Wonderland. Or not. It’s his job now to make some sense of the numbers, to crunch them down and to crush this club’s recent culture of big bonuses and eye-popping extravagance before what little cash is left in the bank has evaporated completely. There is a rich irony about the fact that, in Philip Nash, he has hired yet another big-earning accountant to assist him in this urgent cost-cutting review. But then this job is so big Wallace might need all the help he can get. And from people in whom he can trust. Wallace’s planning is all that stands now between Rangers and another financial catastrophe. At the present rate of spending, the club’s last reserves will be gone before the end of the campaign. In fact, the prediction of financial director Brian Stockbridge that Rangers will be down to their last million in April now looks hugely optimistic. It is quite incredible this man remains in charge of the books given his standing in the eyes of the fans. It was not long ago he was talking confidently of growing turnover to in excess of £100m. Only then to predict a £7m year-end loss. Which, in fact, turned out to be a £14m black hole. And if, as is being strongly suggested by people on the inside of this basketcase, Stockbridge has got it wrong again then the situation at Ibrox could soon become dire. Perhaps as soon as next month. At a time when every penny counts, thank goodness then that Stockbridge has handed back that £200k bonus he pocketed for watching Rangers win last season’s Third Division title. Right? And has the financial director and the rest of the board actually signed off on the halving of McCoist’s eye-watering £825k annual salary? After talking about it for months, why on earth would it not have been rubber-stamped by now? If all this financial remedial work really has been completed then Wallace should announce it to the Stock Exchange and also reveal the current state of the accounts. It should be done in the name of sustainability and transparency – and in the hope of forcing common sense to prevail. Wallace must be astonished at some of the numbers that have flown across his desk. It is not his fault this club has blown its chance to stockpile cash on its journey up the leagues and there is nothing he can do now to address this grotesque overspend. That ship has sailed. Had Rangers plotted a more sensible course they would be arriving in the top flight in 18 months in a fit and healthy state, with millions squirrelled away. But, in their vulgar rush to cuddle up to McCoist, former chief execs Charles Green and Craig Mather put their own popularity ahead of proper prudence. By doing this, they kept the fans onside and the tills ringing. All Wallace can do now is address the crisis this pair and Stockbridge created. He’s not helped by the fact that, simply by agreeing to join a broken board and glue it back together, he himself is now viewed with varying degrees of suspicion. But, unlike Green and Mather, he must not allow his own popularity to get in the way of protecting the club’s interests. Which is why it was encouraging to see the first steps towards a more austere future being taken last week. But, crucially, if Wallace is serious about grabbing the bull by the horns then he must do so in the boardroom because this is where the biggest excesses have recently been committed. It is hard to think of another club that spends millions less on its players than on the rest of its employees but that’s precisely what the accounts showed to be the case at Rangers last year. No wonder the players refuse to take the first hit when there are other far more bloated and obvious targets at the top of the marble staircase. These players may well feel treated like disposable window dressing when they are supposed to be the very heart of the club. And here’s another thing. They were asked to ponder a 15 per cent cut over a period of 18 months, while also being told the club hopes to sign even more players in the summer. Which means some of them might be volunteering to help finance their own replacements. And you thought lunch at Carnoustie was mad?

Don't see this elsewhere, great day out IMO. The Founders Trail, in association with Rangers Football Club and The Rangers Development Fund, is delighted to launch our Tour programme for 2014 in what is our 5th year. The first Tours of 2014 will be on Sunday 9th March, Saturday 5th April, Sunday 18th May . Join us on a journey of discovery back to 1872 when The Rangers were just the dream of a group of young kids who gathered on Fleshers Haugh. They had no ball, no football kit and used a bush on the green as a changing room. Their Club, which they nurtured, was to become the world?s most successful and it all happened on the streets of Glasgow. Our journey takes us to the area of Fleshers Haugh where The Rangers played their first ever match, we also visit Glassford Street, Union Street, Berkeley Street, Burnbank, Kinning Park, Craigton Cemetery and many other places of interest before finishing off our day with a tour of our magnificent Ibrox Stadium. During our journey we have a 30 minute break at the West of Scotland Cricket Ground in Partick which was the scene of the Rangers first ever Scottish Cup Final in 1877. It gives everyone a chance to unwind, grab a beer or soft drink and a bite to eat at a beautiful and historical setting. Adults : £20 Children (under 16) and Senior Citizens £15. Group discounts are available upon request. To reserve your seat just send an email to : thegallantpioneers@googlemail.com For further information phone : 0790 2855536 An insight into our research can be found here on our website. http://www.thegallantpioneers.co.uk/

I once met John Wark and nearly burst into tears. I was 38. Anonymous Ipswich fan. The news that greeted us on Saturday morning, that the body of the wee boy missing in Edinburgh has been found, is another sad reminder that childhood is fleeting, precious, and not always golden. At least for those of us on Gersnet, the vast majority of whom are (well) past childhood, our own youth has come and gone without such horror being visited upon us. We, the lucky ones, get to carry our memories into middle and older age, like everyone some good and some bad, though hopefully precious few as awful as what has happened to poor Mikael. He whose life has been one uninterrupted series of happy events is rare indeed, but I'd guess that at least we share in common memories of a time in our lives when our beloved football team losing made us cry, when the stadium loomed up above us like a colossus, and when the thought of actually meeting one of the Titans who wore a Blue Shirt would have reduced us to jelly. These childhood affections many of us, to judge by the amount of time we waste on online forums, carry with us well into maturity. And elsewhere, too. I still regale strangers with the time our present manager touched my shoulder and said 'excuse me, mate' in a Blockbuster sometime in the 90's; I also once, when he did some shopping in the store I was managing at the time, went before him crying 'make way! make way!' (I kid you not), quite brutally hustling innocent shoppers out the road lest they impede his Majestic progress. At least he had the decency to be embarrassed at my behaviour, which only stopped short of bestrewing his path with rose petals because we had sold out of roses by that point. On both these occasions I was well past childhood, but the football remained a link between me and mini-me, between the rather disappointing man I turned out to be and the child who dreamt of playing for The Rangers, and maybe one day coming into the presence of my heroes. I wonder how many kids still have that dream? Maybe loads do. They'd have to be very unworldly, though, as another week of internal combustion to make James Watt green with envy puffs its way to an end, without even a Saturday game to 'take the taste away', as my Mum used to say when giving me a sweet treat after some ghastly medicine. Who is developing a romatic attachment to a club which seems be determined to set a record for employing the most amount of executives for the least amount of return in sporting history? Just as Monty Python once sent out two teams of philosophers, Greeks v Germans, we're well on the way to being able to fill the bench with accountants...a shame none of them appear worth taking a chance on, even for the last two minutes. It's just not the same. Being able to hide inside the mind of 10 year old me at the football has been a lovely pleasure these last 30 years, but I might as well face up to the fact that that pleasure has gone now. It's not as if I could only handle success - growing up in the 80's I despaired of ever seeing us beat Dundee, let alone celtc or the dominant Aberdeen or Dundee Utd of the time. What a shock it was to me when Ally McCoist got selected for Scotland squads from about 1985 on - such a thing didn't happen in my youth. No, it's not that I can only support Rangers with childish fervour if we are winning: it's just that the thing I fell in love with aged about 8 or 9 doesn't seem to be there any more. Probably this is more due to a long overdue opening of my own eyes rather than anything else: Rangers under David Murray was hardly an shining example of philanthropic goodness along the lines of Dickens' Mr Brownlow. But now, with the club run and owned by Mr Downlows, it just seems...soiled, somehow, and all the more painfully because it's killing off the last little bit of my childhood I could hold on to. Obviously I only speak for myself, but this, to me, will be the legacy of people like David Murray, Craig Whyte, Charles Green Jack Irvine or the Easdale brothers. You may imagine how I view such people. In the grand scheme of things, forcing a delusional 40 something to open his eyes is not such a big deal to anyone other than the person himself, I suppose: certainly, compared to other things which could have happened, it is of no importance at all. But it feels like it is, to me. And that's why it hurts so much. For what it's worth, we play Forfar on Monday night, and will no doubt turn in another performance of depressing mediocrity. My 12 year old rarely lasts more than 10 minutes watching us on TV and I can't say as I blame him. Sheer habit will drive me to sit in front of the telly come half seven Monday night, but I can't seem to be able to tap into the decades long, childlike joy that the Blue Shirt used to give me. Perhaps, on this weekend when one childhood has been so cruelly cut short, that is appropriate enough.

Being reported by BBC & STV that the players have refused to take a 15% pay cut.

Evening times Michael Grant Regan: Rangers meltdown hasn't finished Scottish football, although wider financial concern remains Published on 15 January 2014 WHEN Stewart Regan was yesterday invited to give a state-of-the-nation appraisal of Scottish football as it enters 2014, it was safe to assume the Scottish Football Association chief executive knew which quote might boomerang back at him. It was on July 4, 2012, the day newco Rangers failed in their attempt to be voted into the Scottish Premier League, that Regan came out with the words for which he is always likely to be best remembered. He spoke of Armageddon, social unrest, and the Scottish game withering on the vine if Rangers were consigned to the anything beyond the old first division. They were not of course - instead of dropping one division as Regan wanted they fell into the fourth tier - but the game survives. In hindsight he misread the situation. There was no social unrest and no Armageddon. The game is hardly buoyant, but nor can it be said to be withering on the vine. Or more accurately, its established and long-term decline has not been accelerated by Rangers' implosion. "We're in a different place now," Regan acknowledged yesterday. "From a Scottish FA perspective we've got a television deal and the league themselves have put their own plans in place and protected their own commercial position. So we're in a different place. There's been some very competitive matches, which have resulted in quite an exciting competition at the top of the Premiership, and there's a number of emerging young players that have created quite a lot of excitement. Perhaps we're in a better place than we might have been 12 to 18 months ago. "But the financial state of football generally remains a concern for everybody and not just in this country. You go to some of the smaller associations as I do on a regular basis and talk about the state of the game. Scotland is in a healthier place than a number of smaller countries where they don't have the turnover we do and can't make the distributions we make. Everybody would like more money. It's like asking if they'd like a bigger pay rise, the answer is always yes." The SFA is working on a way to introduce Financial Fair Play rules for clubs to prevent unsustainable spending. A sub-committee of the SFA's licensing group, which includes representatives from the Scottish Premier Football League, is currently trying to draft regulations which might be acceptable to the clubs at a vote. "The game needs some degree of control," said Regan. "You can't argue with the principle behind financial fair play. There's a need to avoid overspending particularly on areas where money is dripping out of the game. You need to be able to cover your costs, pay your bills, not be breaching your banking position or getting into financial difficulties." Those are exactly the sort of difficulties which continue to hover over Rangers, of course. Like all 42 of the SPFL's member clubs Rangers must submit audited management accounts to the SFA by the end of March. The Ibrox club has admitted it is continuing to lose money, must make major cuts, and is the subject of a 120-day internal review under chief executive Graham Wallace, but that is not likely to cause any difficulty in terms of getting an SFA licence to play in 2014-15. "As far as Rangers' position is concerned clearly there is a lot of work that Graham Wallace is putting in place to get the club back to a stronger place," said Regan. "I sincerely hope he's successful. It's good for Scottish football to have the club back on a firm financial footing. "He needs all the support he can get to get that in place. It's a big challenge. We'll wait and see what comes in. We've spoken to Graham in the way you would speak to most of the clubs that have got challenges ahead of them. So we've had an opportunity to talk about some of the challenges he faces. You can't underestimate the work he's got ahead of him. "From a financial point of view, until we get our new Financial Fair Play rules in place, we don't really drill down to the management accounts and we don't drill down into saying what a club can and can't spend its money on. One of the proposals which is currently being debated is putting in place a measure which would restrict the amount spent on wages. That's one of the elements being discussed." Regan downgraded his prognosis for the game from "Armageddon" to "challenging". The SFA's own financial health is robust because of sponsorships which run to 2016 and the UEFA centralised television deal which runs to 2018. "At a club level there are a number of clubs feeling the pinch, and it remains a tough environment. So that's probably one of the biggest concerns." The merger of the SPL and the SFL into the SPFL was a positive, though, as were the introduction of play-offs for the end of this season, the formation of the Lowland League, and the progress made by the national team since Gordon Strachan was appointed a year ago today. "There are some encouraging green shoots. Gordon has made a big impact and turned around what was a very disappointing campaign and given us a degree of optimism for the qualifying draw next month. "Everyone's looking forward to France 2016. When you look at the emergence of young talent there's some very encouraging prospects starting to come through the system. I guess it's the classic school report card syndrome, isn't it? 'Progress has been made, but still a lot of work to do.'"

Rangers: Manager Ally McCoist instructed to cut wage bill By Alasdair Lamont Senior football reporter, BBC Scotland Rangers manager Ally McCoist has been told he will have to make cuts to his playing budget. McCoist has been in discussions with Graham Wallace recently as the chief executive undertakes a comprehensive review of the Ibrox finances. Wallace told shareholders at the annual general meeting in December savings would need to be made. And the players' wage bill at the League One side currently stands between £6m and £7m per annum. A spokesman for the Rangers board told BBC Scotland: "The CEO Graham Wallace outlined his strategy at the AGM and nothing is going to deflect him from getting Rangers back on an even keel. "Graham and Ally are reviewing the football budget, as part of the overall business review and it would be inappropriate at this time to discuss any figures." The news comes on the day that three million shares worth around £750,000 were traded in Rangers International Football Club plc. The share price dropped as low as 24p early in the day before rallying slightly to close at 28.5p. That is a fall from the 90p price at the launch of the share issue just over a year ago. Earlier this week, McCoist signed off on a pay cut of around 50%, which he agreed to in October. And consultant Philip Nash has been brought to Ibrox to help oversee the financial overhaul.

Many years ago as a young Marine on leave, I had ventured over to Ibrox to visit the club shop for some mementos to adorn my bed space. No matter where I was serving in the world there was a little corner which was forever Rangers. For the younger Bears amongst us, there was a time the club shop was not so much a mega store but a glorified broom cupboard with barely enough space to swing a cat. The sole staff member was serving a guy about ages with myself, who I immediately recognised as Ian Redford. After Ian had left the shop the female member of staff apologised for the previous customer taking so long “That guy took ages “ she said. I informed her who “that guy” was and she looked suitably embarrassed. Yesterday, along with 42,000 other Bears, we paid our respects to Ian Redford as our club observed a minute's silence in respect of his passing. Bears of today paying appropriate respect to a club servant of yesteryear. Elsewhere in Glasgow however, BBC Scotland with it's cabal of Rangers hating individuals and no doubt well rehearsed guests, were plotting their latest flouting of the BBC Trust ruling regarding Rangers. I’m sure there was much back slapping, mutual praise and schoolboy giggles following the latest BBC Scotland assertion that “Rangers are dead”. Of course the theft of evidence in the Rangers Tax Case, nor an EU preliminary investigation into alleged state aid involving Celtic Football Club and Glasgow Council raises not a murmur of journalistic curiosity, after all, “Rangers baiting” requires far less effort – especially when it is broadcast from a platform paid for by the public. Sometimes “vile” just isn't descriptive enough. When the Rangers Tax Case Blog won the Orwellian Award it was cited as “Bringing you the story that Scottish journalists seem unable to do” Thats the funny thing about history – it seems to have a habit of repeating itself. Freedom of Information is truly an enlightening thing.