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  1. GERMAN football legend Felix Magath has bought one per cent of Rangers and outlined his vision for the footballing future of the cash-strapped club. Record Sport can reveal the former Bayern Munich boss has emerged as a major and serious player following talks over the last week with influential figures around Ibrox. Magath has spoken with one of the groups battling for control of the club - not American Robert Sarver - and, if all goes well, could become Technical Director at Murray Park by the summer. German sources last night confirmed Magath’s involvement but, amazingly, he did not let on about his shares purchase before sitting down for discussions with the Rangers group. Magath, most recently in charge at Fulham , has been watching the Rangers story unfold with some dismay over the last three years and decided to take a personal stake in the club towards the end of last year - city sources suggest it was around one per cent. He has long admired Rangers and believes they are a massive club who are ready to come good again, with the right guidance from the boardroom the training ground. He invested a chunk of his own wealth backing his belief that the only way for the club is up - and now he may be handed a chance to influence its future. It’s believed Magath impressed in talks as he outlined a vision that will completely restructure the club’s playing department from top to bottom. The 61-year-old has no desire to become first-team coach, but is ready to demand autonomy in putting in a structure from youth level upwards that will give the club the best chance of returning to the top, with a strong focus on developing talent. It will be based on the German model, with a focus on work ethic, technique and technical ability, underpinned by a proper European and worldwide scouting system. Magath believes he is the man to oversee it all, and reckons Murray Park is an ideal environment in which to develop younger, talented players after spending part of his pre-season training camp at the facility with Fulham last summer. Magath’s spell at Fulham may not have ended successfully but he has many admirers, not least in Germany where his way of guiding clubs was always successful, so long as coaches and his board went with his way of thinking From Hamburg to Nürnberg, to Bremen to Frankfurt he has won a reputation for stabilising and building successful structures and at Stuttgart he developed players such as Kevin Kuranyi, Philipp Lahm, Mario Gomez and Alex Hleb. He left Stuttgart for Bayern Munich and won the double twice in a row, but arguably his greatest achievement came seven years ago at Wolfsburg. They avoided relegation on the last day of the season in 2007, but the following year he took them to fifth and in 2009 won the title, earning the club a fortune in the process with the development of players such as Edin Dzeko, Zvjezdan Misimovic and Brazilian striker Grafite. He left the club the following season for Schalke 04 and his restructuring paid off immediately when they came second after finishing ninth the season before. He led them to the German cup final and the quarter-final of the Champions League but was still fired by the board in 2011 after a dispute over his methods. One German source said: “Felix does not care about names – he focuses only on performance and attitude, whether it is a star, an established player or a youngster. This is why he brought out so many young or unknown players.” Now he could be ready to weave his magic again as the Godfather of Govan in what would be one of the boldest and most audacious appointments in the history of the Scottish game. http://www.dailyrecord.co.uk/sport/football/football-news/ex-bayern-munich-boss-felix-magath-4945747
  2. rbr

    Rangers first

    Great day for the Rangers first schemem , now sitting at over 2170 members , superb , hopefully this is just the start , I know there is an off line campaign starting soon which has been funded by separate donations.
  3. The last few years have been a miserable experience. Truly depressing. Both on the park and off it. Today over 30% of the club is now owned by Rangers men. As such I feel we are saved and this really is a momentous day. Instead of having cantankerous leeches running us who treat us with utter contempt, we now have honourable bears running the club who will bring us back to where we belong. I said recently that competency was all I wanted in the board room. To have competency and Rangers fans controlling us is all the better. What has been most disparaging for me has been the rather disgusting and ignorant attitudes displayed by many of our fans. There are certain people being paid by the board to cause trouble, yet we have seen entire online communities buying into it out of their own free will. It has really been absolutely bizarre. It reminds me of Doublethink in George Orwell's 1984. We as a fan base have been persecuted but a repulsive element of our support has been exposed. I will not forget any of this but I'm just delighted my club has been resurrected. So farewell the Easdales, Llambias, Somers and all the rest of you rancid, repugnant individuals. We are Rangers, super Rangers.
  4. http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?fourWayKey=GB00B90T9Z75GBGBXASQ1
  5. The Second Official Semi-Annual Gersnet Dinner (with Special Guest Star Dave Smith) will be held at Malaga Tapas, 213-215 St Andrew's Rd, Glasgow G41 1PD http://malagatapas.co.uk/ at 5.30pm on Saturday, 6 December 2014 (subject to alteration if the Rangers v Cowdenbeath fixture is moved). Rangers Hall of Fame Legend, Dave Smith, who played in our second and third Cup Winners Cup Finals, has kindly agreed to give a short talk on THE ROAD FROM NUREMBERG TO BARCELONA and will answer questions thereafter. (Edit 21/11/2014. Now that we have exceeded 20 persons we will have private use of the new café next door to the original restaurant. The owner, Cristobal has obtained a special licence for the event.) All the other arrangements will be the same as last time. The price of the dinner itself will remain at £18.00. However, in order to cover the cost of Dave’s dinner, the final price will be £19.50. The sharp mathematicians amongst you will note that this is based on a “minimum” of 12 people attending i.e. the same as last time. If we get less than 12, then those present will have to make up the difference; if more than 12, then the balance will go into the drinks kitty. The dinner price really only covers the standard Malaga Tapas deal, which is for 3 tapas per person and a dessert of your choice; however, in our case it will include a primer plato of meats and bread and choice of paellas after the tapas. Again, as last time there will be at least 6 different tapas, x3 per person and three different paellas. If anyone has any particular favourites on the menu http://malagatapas.co.uk/menu/ please post and Cristobal will do his best to oblige. I don’t think anyone will go hungry. To quote GS “Never seen so much food as was at Malaga” Deposit & Payment Whilst it would be easier if everyone paid the full amount up front, I am happy to take a £10 deposit p/p by the end of this month and the balance whenever it suits before the event. For those who were there last time, the bank details are the same. Newcomers pleased PM me and I will supply the bank details. When making any payments please use your Gersnet nom de plume as a reference and PM me a confirmation with your full name and a contact telephone number. (I lost most of the details I had when my phone went into sick bay.) I am very confident that with your support we will build on the success of the first dinner.
  6. Thought this worth sharing from FF: "Lifted this from another forum, some things we didn't know about players, training etc!! Training seems like a hoot! http://www.hat-trick.fr/sebastien-fa...st-jimmy-bell/ You’ve been here for two years now. What does “Rangers” mean to you? (After a long time spent thinking) Well it’s easy to say this and a bit of a cliché, but it’s a religion. There’s football here which is one thing, but then there’s Rangers, the fans, and everyone else associated with the club, it’s amazing…even after the club was relegated to Division 4, people kept their jobs at Ibrox or at Murray Park. And they are just so proud to work here, and they so proud to say “I work for Rangers”. When you are a professional player, you tend to move from club to club, it’s part of the job. It’s not easy to really absorb the culture and ethos of a club, apart from those who stay for years and years and really become ingrained in the fabric of the club, like Lee McCulloch. Sometimes, the supporters shout at you or get angry. But you can’t let it get to you, you can only do your talking on the pitch. They’ve had so much good football over the years that I think they sort of have a right to be angered, to be honest. In any case, playing at Ibrox is far from easy. There’s so much pressure. You can be winning 2-0, but if you misplace just one pass you’ll be whistled. I mean I heard a few boos at the Gerland (Lyon stadium), but never like the one’s you get here sometimes! (laughs) Did it take you long to learn what it meant to play for a club like Rangers? What did you expect when you came over? No, I didn’t expect it to be honest. I knew Rangers were a massive club, but I didn’t know how they were perceived by the other Scottish clubs. The Glasgow clubs really are hated by the other Scottish clubs. It’s incredible! What’s more, you have to understand that I was a but unsure about coming over here in the first place. I said to my agent: “You’re kind, but I’m not sure if I want to be dropping down to play in Division 4 in France” and he said “It’s Division 4 in Scotland”. He said: “Seb, please, just go over for a few days, check out the facilities and the stadium, you’ll soon change your mind.” On the first day of my trial I trained with the reserves, and it went well. That night, I went to see the first team play in the League Cup again East Fife. It was a Tuesday night, we won 4-0 and almost 40, 000 fans were there. It was…mad, just mad. I called up my agent and said: “If you can sort it out for me, I really want to stay here!” Everything you do and say is reported on and scrutinised at a club like Rangers. Has the press had an influence on the atmosphere at the club? First of all you need to understand that the press and its reporters here are a million times worse than in France! I’m sure I’ve seen the word “crisis” used to describe our club just about every day of the year, even when we win. Taking this into consideration, I do think that it’s had an influence. I must say, not on me personally. To be very honest, I don’t read the papers, apart from when they discuss politics or cover stories from France. But at the level of the club more generally, they have definitely had an influence. Ten days ago, an old team mate of McCoist’s, John Brown, said to the Sun: “You are a disgrace!” The coach brought us the article and he had an argument with Kenny Miller. After we got beaten by Hearts, apparently Miller had called up a journalist wanting to speak to him to tell him the manager had made some bad decisions, although it turned out that he hadn’t. McCoist got so angry: he threw the paper, he stamped on it, he was shouting and screaming! It’s the first time I’ve ever seen him like that. Blacky brings the Sun in every morning, and we read it. McCoist reads all the papers every morning in his office at Murray Park, which by the way is enormous (laughs). I think that its mainly at the level of the club staff that the papers have an impact. In your eyes, who represents the soul of the club? Jimmy Bell the kitman. He’s been here since 1972, I think. It’s amazing that he was taking care of McCoist and Durrant when they were players, and now its them who are in charge. It’s an amazing story and an amazing history, one which you wouldn’t get at many clubs at all. Jimmy’s got his own room in Ibrox where he displays all the Rangers kits and all the Rangers photos that he’s collected over 40 years. In his office at Murray Park, there’s a room, which we are forbidden from entering (laughs), which has all of his souvenirs, his trophies…it’s his very own museum! When it looked like they might be re-possessing Ibrox, he had to pack up all his stuff because he was scared that it would be taken off him. He is really the soul of the club, its him, its Jimmy. He’s a great guy, even if he’s always sulking. You need to get to know him…I remember when I arrived on trial, I didn’t speak English. “You don’t speak English, ****ing French!?” he said (laughs). But I mean really nasty to me! But nowadays, along with Bilel, he tells us loads of stories, loads of jokes. He’s really a top guy, he’s golden. I’m trying to help our readers understand the complete devotion that Rangers inspires in people. To give us more of an insight, is it true that one of the players has got the logo of the club tattooed on his calf? Yeah its Danny Stoney! He’s a good lad who we’ve loaned out to Stranraer. He’s got a tattoo that’s blue, with red around it, and five golden stars in the middle. It’s amazing, simply amazing. When I was at Lyon, even though I was also a Lyon fan, I would never have got a Lyon tattoo. It would never have crossed my mind! It’s just a different type of relationship to the club here. At Lyon, if I’d have got a club tattoo while I was at the academy I’d have had the piss taken out of me! “Suck up!” they’d have said. Here, it is praised! But by contrast, at Lyon if you change your hairstyle or your clothes, people will talk about it. Here, no one cares! The outfits people wear here, and I’m talking about the players, are just….Take Lee Wallace for example, I’ve never seen him wearing jeans (laughs)! At Lyon, you dress well to be stylish or whatever, but here, not at all.
  7. BBCBMcLauchlin ‏@BBCBMcLauchlin 1m1 minute ago George Letham, George Taylor and Douglas Park offer Rangers £6.5million alternative to Mike Ashley investment#bbcsportscot
  8. FORMER Rangers owner Sir David Murray and other directors will face no further action over the liquidation of the club's operating company, it has emerged. Former Rangers owner Craig Whyte is the the only former Ibrox executive to face legal moves to ban him as a director over the company's financial meltdown. Mr Whyte was banned from being a company director for 15 years in September after a judge heard his conduct in dealing with Rangers was "shocking and reprehensible". Whyte was previously banned from being a director for seven years. A second ban was sought by UK Business Secretary Vince Cable after Rangers' liquidation in 2012 and the subsequent liquidation of Whyte's firm, Tixway. The role played by all board directors of the club in the three years prior to the administration in of Rangers Football Club plc was looked at by the Insolvency Service's Investigations & Enforcement Directorate. The conduct of Sir David Murray, Rangers legend John Greig, former chief executive Martin Bain, former director Dave King and chairman Alistair Johnston all came under the microscope - but it is understood no further action is to be taken against anyone else. The Insolvency Service had two years from the point of insolvency in February 14, 2012 to start proceedings. But action has only been progressed against Mr Whyte over that period. The legal move to disqualify Mr Whyte came after a confidential report was submitted to the Department for Business Innovation and Skills by the Insolvency Service's investigators within six months of the club's operating company going into administration. The Secretary of State then decided it was in the public interest to seek a disqualification order over Craig Whyte only. Action can be taken against directors if their conduct has not been satisfactory leading to the disqualification of directors for periods of between two and 15 years. After the two years has expired, disqualification proceedings can only then be made against further individuals with a rare special application to the court and agency insiders say there has to be a "strong argument". However it is understood that there no such application has been made. That means that Mr Whyte is the only executive to face action over conduct from the liquidation of RFC 2012 plc, the new name given to the original operating company Rangers Football Club plc. Mr Whyte, who took over Sir David Murray's majority shareholding on May 6, 2011, was in 2000 disqualified to act as a director of for seven years. The investigators examined the £9 million PAYE and VAT debt to the taxman amassed when the oldco under Craig Whyte's leadership went into administration. Insolvency experts also said directors can be found guilty of misfeasance by giving ownership to someone who was not a fit and proper person. Mr Whyte bought Sir David Murray's majority shareholding in Rangers in May 2011, raised £24 million through selling off the rights to three years of supporters' season ticket money to London-based Ticketus to help complete his £1 share purchase agreement take*over of Rangers and pay off the club's £18m debt with Lloyds Banking Group. An independent Rangers board committee set up to review takeover offers, delayed Mr Whyte's buyout and expressed concern over "a lack of clarity" over the new owner's financial muscle, hours after he had completed his buyout. The committee was led by chairman Alistair Johnston, who was removed from the board later along with Paul Murray, who had launched a late rival takeover deal. The following October Rangers' non-executive directors, John Greig and John McClelland, who were members of the independent board, resigned from their posts at Ibrox saying that they had been isolated following Whyte's takeover. Mr Whyte was given the maximum ban possible in September following a petition raised on behalf of UK Business Secretary Vince Cable after the operating company went into liquidation. Lord Tyre said in a full judgment that Mr Whyte's conduct of the business was "characterised by dishonesty" in a case that "can be regarded as quite out of the ordinary". He said the Ticketus deal funded his acquisition of the club while failing to inform the members of Rangers' independent board committee who were tasked with negotiating the sale of the company. Lord Tyre said Mr Whyte "misrepresented" to them that the funds for purchase of the company were to be provided from his own resources and from the commercial activities of his British Virgin Islands- based Liberty Capital Limited firm. http://www.heraldscotland.com/news/h...gers.114970599
  9. A Newcastle phoned in to Colin Murray today to talk about Ashley\Pardew etc. The fan was talking about Ashley and how he will always take in more from player sales than he pays out for new players, and that Pardew had probably gone as far as he could under that mentality. The guy says "you can bet any money you like that Ashley wont pay for a 'grade A' manager to take us to the next level". They then both agreed that it wouldn't be overly surprising if he approached McCoist with the job offer, which would get rid of the headache of buying him out, especially if he took backroom staff with him. Could it happen????
  10. ...from SFA panel that includes.. Celtic boss Peter Lawwell. Dec 22, 2014 22:30 By Gary Ralston THE Ibrox club's new chief executive will have to set out the blueprint for the future of the club for an SFA group that will include his opposite number at Parkhead. DEREK LLAMBIAS will seek approval for Mike Ashley’s vision for the future of Rangers today from an SFA group that includes Peter Lawwell. The Celtic chief executive is a member of the SFA board that will meet with the new Rangers frontman at Hampden for talks on the way forward for the cash-strapped club. Rangers have been asked to detail the business plan and strategy behind any future investment from the Newcastle United owner. Llambias, who denied he’s on Ashley’s payroll at a stormy Rangers agm yesterday, declined to offer clarity on the Sports Direct tycoon’s involvement at Ibrox. He said: “I’m seeing the SFA and a clearer picture should emerge then.” The SFA board, which also includes chief executive Stewart Regan, president Campbell Ogilvie, Hibs chairman Rod Petrie and SPFL chairman Ralph Topping, have the power to veto any plans. They will be keen to hear if Ashley has ambitions to increase his shareholding or if he or any of his representatives plan to take up positions on the Ibrox board. There has been disquiet among fans about the involvement of Ashley under “dual interest” rules, which frown upon individuals holding key positions at two or more clubs. Strictly speaking, however, Article 13 of the SFA does not forbid Ashley having a sizeable stake in Rangers and Newcastle United, but he would require “prior written consent of the board” to increase his influence at Ibrox. The SFA board will hear Llambias’ blueprint and may ask for further details before giving their judgment on Ashley in the new year. The meeting today has been described as informal, but Llambias will be expected to shed light on a range of issues. He is likely to be asked, for example, why the Rangers board felt they had no option but to accept Ashley’s recent £2million loan when Brian Kennedy and Dave King had also come to the table with investment proposals. Lawwell’s involvement is an intriguing sideshow and, as talks progress, he may decide he is conflicted and step away from discussions. He recently admitted the absence of Rangers from the top flight of the Scottish game was costing his club £10million a year. However, an under-strength and under-funded Rangers effectively gives Celtic a free run at the Champions League each season and the riches it can provide. The talks with the SFA board are separate from the notice of complaint recently issued to Ashley and Rangers by an SFA judicial panel. Ashley and Rangers are accused of breaching an agreement he would not take control of the club and compliance officer Tony McGlennan acted after Ashley’s recent loans, totalling £3million, led to accusations he had been handed the keys to the door. Meanwhile, Rangers fans have urged Ashley to turn to Dave King or other wealthy Bluenose backers after supporters vetoed plans to open the club to £8million of fresh investment from non-shareholders. Only 45 per cent of shareholders backed a resolution aimed at inviting new investors into the club and it’s believed Ashley and the Easdale block voted against the proposals. Chris Graham of the Union of Fans said: “It’s disingenuous for the top table at the agm to recommend the resolution, only to apparently vote against it. “They clearly don’t want others to buy in without them having first interest. Legally, Dave King could still underwrite a new share offer and other backers, such as George Taylor in Hong Kong, have invested heavily recently. “I only hope Derek Llambias acknowledges the scale of the disconnect between club and fans displayed at the agm. He can have Ibrox half full for the foreseeable future or turn it round the other way. “Mike Ashley will still make money if outside investors come into the club.” Sandy Easdale refused to rule out involvement in future from the likes of King and Brian Kennedy. He told shareholders: “I’ve never dismissed any of these guys, they may yet be part of the future of this club.” Llambias, who stepped down as Newcastle managing director in June 2013, told shareholders he was committed to returning the club to the top of the Scottish game. Llambias added: “Not everything I do will be popular but everything I do will be in the club’s long-term interests. “We need financial stability off the pitch and great football on the pitch. We want to get Rangers back into the top flight and the Champions League. “That is our aim and hopefully next year I will give a much better speech.” http://www.dailyrecord.co.uk/sport/football/football-news/rangers-chief-derek-llambias-must-4859995?
  11. ...if they want to get their club back Former Rangers chairman Malcolm Murray has told supporters to make some "noise" if they want to get their club back. The former pension fund manager was speaking after Monday's stormy Ibrox AGM. The 90-minute meeting saw PLC chairman David Somers, chief executive Derek Llambias, director James Easdale and his brother Sandy - chairman of the club's football board - face a barrage of abuse from shareholders. Chants of "out, out, out", "sack the board" and "scumbags" were hurled at the directors as they made their way out onto a flimsy tent erected on the Ibrox pitch. There was little detail given to the irate fans on how the board plan to bridge the £8.3million funding gap which currently separates the Glasgow giants from safety, other than to say a fresh share issue was to be expected, while Somers was the focus of much of the ire after comments which sparked even more anger. Despite the flak, the chairman, Llambias and James Easdale were all re-elected to the PLC board with the help of Mike Ashley and other institutional investors. But Murray claims the fans must act if they want to force real change. Speaking outside the AGM, Murray - who was the club's first chairman after it was reformed following its 2012 liquidation crisis, only to quit a year later after falling out with Charles Green - said: "That was the most arrogant display I have ever seen in third of a century of attending AGMs. "There was complete disregard for shareholders and fans. They say they will operate without fans. We actually ended up knowing less than when we started, which takes a bit of doing. "What can the fans and shareholders do? They have to make more noise. I am not saying they should boycott but they have to make a lot more noise. I think eventually the board will get worried that that the fans are not turning up and not buying kit. The mood in there, well, I have never known anything like it. "Will fans turn their backs on the club? In the short term, yes. But my message to the fans is to stick with it. We will be here a lot longer than them." http://www.eveningtimes.co.uk/rangers/u/murray-rangers-fans-need-to-make-some-noise-if-they-want-to-get-their-club-back.1419322367
  12. First game in charge the Saturday against Hibs. What changes do you expect him to make?
  13. They are fooling around, Somers is extracting the urine. They put the shareholders in the away end and are pouring scorn on them. This is so not my club.
  14. http://www.bbc.co.uk/sport/0/football/30582696 Rangers: SFA to hear case for Mike Ashley increasing stake By Richard Wilson BBC Scotland Rangers chief executive Derek Llambias will address the Scottish FA board on Tuesday to make a case for Mike Ashley raising his stake at Ibrox. The SFA has issued notices of complaint to the club and Ashley due to alleged breaches of dual interest rules. A disciplinary hearing will be held in January, but the informal talks about Ashley increasing his shareholding will be treated separately. Ashley currently owns 8.92% of Rangers International Football Club. But the Newcastle United owner has previously shown interest in raising that to 29.9%. When Ashley took his initial stake in RIFC, the SFA board granted permission on the basis that a case was made for his involvement. Article 13 of the association's rules state that an individual cannot hold stakes in two clubs without the prior permission of the SFA board. Ashley signed up to an undertaking to not raise his stake beyond 10% and to not hold undue influence over the board. After loaning Rangers £3m, Ashley's long-time associates Llambias and Barry Leach were appointed as consultants. Llambias was then appointed non-executive director and was appointed chief executive last week. He was previously managing director of Newcastle United, the club Ashley owns outright. Breaching the undertaking would bring sanctions from the SFA, but at the same time Ashley can still seek permission to increase his Ibrox stake. Rangers intend to hold a share issue in the new year, to raise up to £8m by issuing 54 million shares at a discounted market price - which is currently 18p. Llambias would need to make a business case to the SFA board, which will hold the discussions informally following a board meeting at Hampden, that Ashley is the only source of the funding that the club requires to continue trading. The offer of £16m of funding from a consortium involving former Rangers director Dave King has never formally been removed, although it would require the support of 75% of shareholders. At the annual general meeting, shareholders voted to approve the share issue, but rejected the disapplication of pre-emption rights. Derek Llambias at the Rangers AGM: "Not everything I do will be popular but everything I do will be in the club's long-term interests." When the share issue is held in January, existing shareholders must first be given the opportunity to maintain the size of their stake, or face dilution with new shares potentially being issued. A non-shareholder can still underwrite the issue, but they will not know how many shares they will end up with until after shareholders have taken up or declined their rights. Existing shareholders can also sell their rights to non-shareholders, or take up their rights and then leave the remaining shares unissued. This would reduce the amount of capital raised, although Ashley could agree to the refinancing of the £3m loan he made to the club and which is due to be paid back in April. Uncertainty continues at Ibrox, although Llambias also told shareholders that Kenny McDowall will remain as manager of the team until the end of the season "and perhaps beyond". McDowall was promoted from his role as assistant, following the decision to place manager Ally McCoist on "gardening leave". Analysis - Douglas Fraser: BBC Scotland's business & economy editor "Rangers badly needs cash - not for investment, but simply to stay solvent from month to month, "The only people likely to provide it are either going to demand very high interest rates, because of the risk of default, or because they're passionate about the club, or because it could give them control. "A company can go back to shareholders, offering them the right to buy shares in proportion to their existing holding to ensure no-one's shareholding need be diluted. "But the need for investment is such that the directors believed they needed to go much further with a big bang issue of new shares, giving more power to one or more new investors while diluting the power of existing ones. "Given the unhappy recent history of dominant shareholders at Ibrox, there's too much suspicion of directors for that to get past the annual general meeting, this year or last. "So it's back to those other options; seeking out short-term and expensive loans: or asking existing shareholders to find new funds for the club (after seeing the share price fall from 93p to 18p in the two years since the holding company floated): or looking to a rich individual who has an interest in gaining a controlling interest. "That's where Mike Ashley is key. The Sports Direct boss has nearly 10% of shares, and a merchandising partnership. His man, Derek Llambias, has just been made chief executive. "He's already bankrolled Rangers on apparently attractive terms. And he's got pots more money to keep doing so, though that would require an ever-bigger security over the assets. "At least one problem is that he's got to get past the Scottish FA, which wants an explanation for what appears to be his controlling interest in both Rangers and Newcastle United. "Unfortunately for the SFA, Mike Ashley could turn round and force them to face their own dilemma; either let him continue to invest in Rangers, thus taking control, or let one of their biggest club's collapse. Again."
  15. 19 December Rangers International Football Club plc ("Rangers" or the "Company") Appointment of Chief Executive Officer Existing Board member Derek Llambias has been appointed Chief Executive Officer of Rangers with immediate effect. Derek joined the Board on 2 November 2014 as a non-executive director. In line with the cost cutting exercise announced on 12 November 2014, Mr Llambias's remuneration will be significantly lower than previously offered for this position. Additionally, David Somers will now revert to his previous role as non-executive Chairman. Commenting on the appointment, David Somers said "I am delighted that Derek has agreed to step up to the Chief Executive role. This is a successful outcome to the process, announced on 27 October 2014, which involved interviewing a number of high calibre candidates. Derek has impressed us with his grasp of the issues since joining the group and brings a wealth of experience, particularly from his time at Newcastle United, which we feel confident will be invaluable to Rangers. ************** " which involved interviewing a number of high calibre candidates" Did it f@ck.
  16. RNS Number : 4108A Rangers Int. Football Club PLC 22 December 2014  Rangers International Football Club plc ("Rangers" or the "Company")
 
AGM Statement As previously announced, the Company's Annual General Meeting will be held at 10:30am today, Monday 22 December 2014, at Ibrox Stadium, 150 Edmiston Drive, Glasgow G51 2XD. Access will be through Exit 30 of the Broomloan Stand which is adjacent to turnstile 64. Shareholders will have access to the Albion car park with access to the Stadium footprint for disabled Blue Badge holders to park near the entrance. Shareholders are asked to arrive in good time from 9am in order to clear the registration process. Shareholders should bring the attendance card which was included with the Notice of AGM, posted to registered addresses on 28 November 2014. In the event that the attendance card is lost, Shareholders should bring some other form of ID (a credit/debit card will suffice). Shareholders whose shares are held in a nominee account with their stockbroker will need a Corporate Representative's letter (issued by the custodian of their shares) in order to be admitted. Non-shareholders including guests of shareholders, will not be admitted. The meeting will consider the 9 Resolutions set out in the Notice of AGM, each of which will be subject to a vote by Poll, which will be verified by Capita Registrars Limited. The result of these Resolutions will be released to the London Stock Exchange by no later than 7am on Tuesday 23 December 2014. At the AGM the Chairman, David Somers, will make the following statement: "Welcome Ladies and Gentlemen to this Annual General Meeting of Rangers International Football Club plc. It feels like years since I last stood in front of you and it is amazing that it is only just over 12 months. 12 months ago, as I had just joined the Rangers Board, I was given the impression that the Club had enough money to see it through the first few months to the season ticket window. Sadly, I quickly discovered that this was not the case. The Board then began metaphorically to take up all of the carpets; after which we were left with a very long list of legacy issues that needed to be sorted out, often as our finances would allow. So in the first few months, we reviewed all of the contracts, the finances and the legal issues, ending up with a long list of legacy issues that would need to be dealt with over time. Since then we have spent many months focusing on these legacy issues dealing with them one by one. To be honest, it is frustrating dealing with legacy issues, because you are effectively looking backwards during this time and dealing with issues you didn't create yourself. I know that most fans will not really be interested in such efforts, because it is not about football, but these legacy issues and contracts have had to be dealt with so that we can begin to move forward. I was always taught to be cautious, so I hesitate to say that we have dealt with all of these legacy issues, as whenever I think that, another legacy issue quietly appears, but we do seem to have addressed many or most of them. One of our biggest remaining legacy issues is the weak state of the Rangers finances. In the financial area, we have been fortunate that a number of people have supported us with loans during the last 12 months, namely Sandy Easdale, George Letham and Mash Holdings. I sincerely thank them for their support, which in some cases, has included their loans being interest free. In the early days, while developing our list of legacy issues to be addressed, Graham Wallace wrote a review, which became known as the 120 day review. In this he indicated a desire to spend £20-30 millions in reaching the top levels of Scottish and European football. After visits to various City institutions the Board believed that such a level of expenditure would be supported by the City institutions, and the then monthly rate of loss, would also be supported by the shareholders. In the event, this was discovered not to be the case, because when we came to raise funds through a share issue, we soon found that there was a lack of appetite from shareholders to invest significant extra funds just to pay wages and utility bills. Accordingly, we have moved to cut costs significantly. Like any household, Rangers can ultimately only spend what it earns and, as has been reported in the media, we have moved quickly to bring our costs down and much more in line with our income. Rangers Football Club has been living beyond its means for many years and much of the cost cutting and efficiency improvements should have been addressed years ago by previous boards when we were in the lower divisions. But they weren't, so we are doing it. A material part of our costs relate to player costs, however, and these can only be addressed over a long period of time because of the length of the contracts. These contracts are often measured in years, not months. In these past 12 months, I have been surprised at a number of things. Firstly, the highly negative aspect of most of the media reporting regarding Rangers. Secondly, because it is clear to me that a stronger Rangers is good for Scottish football, I have been very disappointed to realise that outside of Ibrox, there sadly still exists a great deal of anti- Rangers feeling, perhaps (although I hope not) even in the football establishment. Rangers return to the top flight of our game, I am sure you will agree, will be more easily achieved if everyone who cares about the Club works together for the betterment of Rangers. This turbulent year has seen people calling for a season ticket boycott, seen the disruptive creation of a season ticket trust for a while and other negative ideas. Such negativity is expensive for Rangers as it reduces season ticket and overall ticket sales, increasing the likelihood that I will have to borrow money to cover the shortfalls created. Our path to restoring Rangers to where we all want the Club to be, can only be achieved with the continued support of all supporters, shareholders and business partners. 2013/14 saw Rangers Football Club complete the second stage of our rise back to the top of Scottish football and the year also brought another vital component for a new Rangers to emerge for the future - a structured and measured approach to rebuilding the football club. An unbeaten SPFL League One campaign was an excellent return for Alistair, his staff and the players and they deserve our congratulations. While we were all ultimately disappointed to have been defeated in both the Ramsdens Cup Final and the William Hill Scottish Cup semi final, our fundamental objective of achieving promotion was comfortably achieved with a points total into three figures. I was delighted that the Board was able to further support the Manager in providing funds for the recruitment of nine players in 2013/14 and also in the period immediately after the end of the financial year when we brought Kenny Miller, Kris Boyd, Steve Simonsen and Lee Robinson back to the Club, together with the signings of Marius Zaliukas and Darren McGregor. While the success of any major football club will always be benchmarked by its first team, a strong Youth Academy is also an informative barometer of long-term health and well being. It is very pleasing to see the quality and quantity of young talent being nurtured at Murray Park. Last season our Under20s won the SFA Youth Cup and narrowly lost out in the title race in the final week of the campaign. 57 players from our Under 14 to Under 21 age groups were called into international squads and three more Murray Park Academy graduates made their first team debuts. The ladies and girls teams have come a long way in a short space of time, enjoying significant success. In season 2013, the Ladies reached the semi final of the Scottish Cup, The Under 17s team secured the league, Scottish Cup and League Cup treble, the U15s and U13s finished second in the leagues and a new U11s team has been introduced. Internationally, the Rangers ladies teams have contributed 22 players to the Scotland teams across all age groups. We are charting our future strategy in the five key areas of: • Developing Football Performance • Focus on Player Asset Management and Youth Development • Re-connecting effectively to our Local and Global Fan Base • Developing Best in Class Commercial and Operational Capability • Strengthening Commitment to our Communities The year also saw Rangers make the first, important steps towards building an effective programme of engagement with our fan base. Fans were contacted via email, SMS, online and at matchdays to assist in our Ready To Listen Initiative, showing we are serious about improving communications and dialogue with all supporters. Subsequent focus groups took place in Ibrox with feedback generated helping to shape the direction of the Club's fan engagement strategy. I think that we would all agree that we still have work to do in this area and one in which we must increase our endeavours. Although we have experienced difficult trading conditions, there have been a number of important and positive, developments in our fiscal position during the financial year. A 32% increase in total revenue from £19.1m to £25.2m was recorded in the year ending 30 June 2014, with the majority of the uplift due to the first full year of our retail venture with our long term partner Sports Direct. Reduced revenues from gate receipts and hospitality are down from £13.2m to £12.4m and were a direct result of the lower matchday attendances from both season ticket holders and walk-ins. This shortfall was offset by increased revenue from sponsorship and advertising up from £0.8m to £1.5m illustrating the improvements in the Rangers brand perception. Proceeds from ticket sales were also adversely impacted by the decision not to increase prices of either season or matchday tickets from the previous season. Season ticket sales were sadly down from 38,228 in 2012/13 to 36,039 in the 2013/14 financial year, resulting in a fall in revenue from £8.1m to £7.7m in financial years 2012/13 and 2013/14 respectively. Our average home league attendance also fell from 45,111 in the 2012/13 season to 41,444 in 2013/14. Other Operating Income rose from £1.7m to £2.1m, a 22% increase, mainly as a result of hosting both Scottish Cup Semi Finals and an increased associated uplift in matchday catering revenues. At this AGM, we are requesting permission from shareholders to enable us to issue shares to improve the long term financial stability of the Club. We were not able to last year and I sincerely hope, for the good of the financial stability and future of the Club, that it will be forthcoming this year. We are now increasingly looking forward. An immediate priority is to re-build the Board with suitably experienced people and this is already well underway. We also need to look at the football side for a number of reasons. Firstly, there has for some time existed a chasm between the talented young players being developed at Murray Park and our first team. We need to focus on ways of developing our own young players for the first team rather than continually buying-in players. Secondly, as you all know Ally has decided to resign and has given us the required 12 months notice of his intention to leave the Club, as of yesterday Ally is on gardening leave. Sadly, this year, one of our greatest ever supporters will not be with us on the rest of our long journey. In April we lost Sandy Jardine - a truly inspirational man and Ranger. I had the privilege of meeting him a number of times before he left us and I found him to be one of football's true gentlemen. Sandy will be forever revered and the re-naming of the Govan Stand in his memory is a fitting tribute to a truly wonderful person who cared so passionately about his Club. My personal goals remain what they were 12 months ago. Namely to ensure that the events of Rangers' recent past can never happen again; to cleanse the Club of these events, and also to ensure that Rangers gets back to the top in football. I now recognise that we will not get much support outside of Ibrox for this; we have to do it ourselves. And we will. Last year I said that I was proud to be Chairman of Rangers. I will repeat that again today, because I genuinely believe it is a privilege to be in this position." http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12192436.html
  17. http://www.dailyrecord.co.uk/sport/football/football-news/ally-mccoist-rangers-board-must-4847930 If you were in any doubt that McCoist isnt deluded then his latest outburst should set you straight. This is from a man who with a 20 million pound wage bill and a remit to take us up through the leagues wilst building a team to compete at the top level of scottish football. I have to ask a couple of questions here : Why are there 12 players out of contract in the first place? and which ones would you actually keep ally?
  18. http://www.dailymail.co.uk/sport/football/article-2816759/Donald-Findlay-says-Rangers-new-entity-establish-s-history-tradition.html What we see now is not Rangers. It's a fucking monstrosity and I'm close to giving up.
  19. "The intention will be to settle the absolute minimum with creditors before they can cash their chips and make money off the ground, most supporters thus feel the club may as well go bust so that at least a phoenix team may be able to take the stadium. But the incumbents have a history of doing this at other clubs and are well connected. The club has had 4 chairmen in 6 months as they pass it around dodging winding up orders and pesky owners and directors tests, I'm sure they'll come through this somehow still in possession of whats left of the club. A friend of mine is a Darlo fan, watching his team cease to exist was pretty tough but in the end he was relieved when their farcical former incarnation came to an end. I don't think it's an easy task to come back but enough teams have to show it can be done." For fans of a certain age, Ronnie Radford's 'rocket' speaks of an entirely different world of football. Mud bath pitches, genuine cup shocks, a pitch invasion not immediately followed by FA investigations and/or police reprisal, even the flared trousers of the kids take the viewer back to an era when daytime TV was more Open University than Loose Women, Mash and Fray Bentos was an aspirational dinner, and football was a stable certainty, with even the most badly run club more or less safe from extinction if they had any fans at all. Sadly for Hereford, the times have seriously changed. Banned from any and all football activity by the FA owing to failure to complete paperwork - rather than the various questionable practices by various questionable owners, the usual 'Al Capone' approach to oversight taken by enfeebled football authorities - the present era of free ownership by speculators rather than fans has led to an on field decline and a boycott by the vast majority of supporters, dismayed at the hollow shell their beloved club has become - this sounds familiar to the Rangers fan. It's come to the point where the FA ban is hailed as good news, at least to this Guardian commenter: "This news has been welcomed by myself and 90% of my fellow Hereford United fans. The club's demise this season has been heart-breaking and the response from the authorities has been either non-existent or completely toothless until now. It's good to see that the FA have finally acted but it's taken far too long." Late Friday has brought the news that, owing to the owner being stuck in traffic with a guarantee of funding, the club has in fact been wound up. It's the sort of farce that Bears are all too familiar with, and sends out the message that, should your owner be incompetent enough, extinction is all too possible. http://www.bbc.co.uk/news/uk-england-hereford-worcester-30542821 Why football authorities are so slow to protect their game is mystifying. Hereford might not be up there, financially, with Chelsea or Man City, but in football the whole is very much the sum of the parts, a lesson forgotten too easily by too many. Trying to sell a top league with no substrata will not be so easy as it might sound: if we have no Hereford, before long we have no Chelsea, at least not as we know it, for we lose the FA Cup, the League Cup, eventually losing entirely the interaction between 'giant' and 'killer'. If you have a lack of clubs who can aspire to the Premiership, the Premiership ceases to be aspirational. For some, replacement with an UltraEuroSuperLeague sounds very appealing, but shrinking the game to a super elite is no basis for a sustainable future. Lose the Body of the Kirk & you must reinvent yourself: and re-invention comes with no guarantee of success, as the Church of Scotland could attest. And just as important as a coherent national structure is a coherent model of ownership. Like much of Britain since the 70's, football has seen a decline in any form of social responsibility and a lurch into unfettered capitalism. Allowing teams to be owned by anyone who happens by with a chequebook - or whatever they have now - then belatedly issuing punishments which further damage the club rather than the dodgy owner is not common sense or natural law but it's symptomatic of Britain nowadays. You can see this kind of withdrawal from the social sphere all over the UK. The choking of funding to local government has seen the loss of effective town planning, resulting in ugly, empty and unattractive urban centres people would flee if only they could. In 2014 Britain, absolutely nothing is sacred, nothing is off the table, and mere football clubs going to the wall not just possible but starkly likely. "The club is still in the hands of conmen with another date at the High Court coming up on Monday (the 7th time...or is it the 8th...or 9th) that the club has been back there. Winding-up orders have been staved off due to the mysterious shifting around of funds by even more mysterious 'investors' and the involvement of shell companies." Iffy owners and bizarre financials have become part and parcel of the game, from Premiership to Pontins League, if that still exists. A big name is no guarantee of safety: in Scotland, Rangers currently tick most of the nightmare boxes Hereford were opening, like some nightmarish advent calendar, while the Scottish FA veer between anger, contempt and hamfisted appeasement in their attitude to the various owners who take the stage, but never actually achieve anything that might either kill or cure the Ibrox side: they, too, have adopted the light touch which in actuality is the expression of their powerlessness, so desperate are they for the financial benefit the club brings to overlook financial lunacy. This is not mere arrogance: the League Cup in Scotland, without a real sponsor for several seasons, suddenly gets one at this year's semi-final stage, with a much needed six figure sum going into the game. I'm sure the fact that one semi-final features Rangers playing Celtic is complete coincidence. Aping the attitude of Hereford's owners, Rangers treat their paying customer with total contempt. Last week, Rangers board member Mr Sandy Easdale took the opportunity to berate fans for not celebrating hard enough that naming rights to Ibrox Stadium, originally 'sold' to Mike Ashley of Newcastle Utd fame for the princely sum of £1, had been reclaimed. That this secret and stupid deal was rescinded only after a fan outcry apparently bypasses Mr Easdale; they should celebrate that the club was dragged into acting in the best interests of itself. His words: "We've gotten these (rights) back and the fans haven’t celebrated enough on this topic." The expression 'beyond parody' comes to mind. On the pitch the team is terrible. At least when Hereford's 'owner' Andy Lonsdale did the dirty on Feltham FC, by dumping rubbish on their pitch, he wasn't paying the rubbish £10,000 a week. [http://www.getwestlondon.co.uk/sport/football/football-news/bedfont--feltham-president-plays-7296079] There is an alternative to this ongoing horror story, though. It's nihilistic, dangerous and offers no guarantee of success, but at least it - unlike the present conditions - does have a potentially positive outcome. "Follow my team AFC Wimbledon and start again. You won't regret it and you won't feel like your being shafted each week by a rich owner with no understanding of a clubs place in the community." I find it astonishing that, as a Rangers man of 30 years and more, I can contemplate the death of my club, on the basis that the present incarnation is so hateful that either a rebirth, or nothing, would be preferable. It's certainly a scorched earth policy, but there have to be limits: currently Ibrox stadium is fast approaching decrepitude, a state of affairs completely unacceptable at a club where 66 people died in the 1971 disaster. Money comes in and disappears. Chairmen come and go, directors likewise. Majority shareholders emerge, only to retreat to offshore shadows. There seems no future. At a recent fan board meeting, one representative delivered an excoriating warning to the club that their attitude and provision toward disabled fans will see them barred from competing in UEFA competitions unless a serious amount of money is invested, now. Setting aside the grim mirth that the idea of the present Rangers team competing in Europe occasions - frankly, Hereford would probably put up a better showing - what UEFA decrees now, domestic bodies follow sooner or later, and Rangers will not be 'Ready', mocking the club's increasingly ironic motto. Rangers are so far from any kind of stability it's not true, and it's sad to see a club so far away from an even keel still spout the same rubbish about business reviews, plans going forward, all in it together, Champions League: the bullshit merchants of Glasgow are no more believable than their Wyvern equivalents in Hereford, just less honest. Coming back from the position Hereford and Rangers find themselves in is not easy, nor is it guaranteed, so I expect many if not all Rangers fans will consider a course of voluntary self-destruction, with only at best a 50-50 chance of a rebirth afterwards, insanity. Well, I'm certain I don't want to see the current mess go on any longer, and I'm selfish enough to believe that if it's not good enough for me, it shouldn't be good enough for anyone else. But I don't know that I've ever been entirely sane on the subject of my team: it was always about love, not reason. At present I am in the cowardly position of having little feeling for what is currently calling itself Rangers, but not having the guts to call for a completely new start, irrespective of history or heritage. "We're all hoping the end might, finally, be in sight." Whether the end turns out to be a new beginning, though, that's another question.
  20. Hearing that training centre is a major risk of being sold, any info on this from fellow bears, Has the chap Sinclair left club?
  21. http://www.eveningtimes.co.uk/rangers/rangerscomment/mccoist-set-to-face-the-music-but-rangers-fans-will-have-little-to-192156n.114751404? McCoist set to face the music but Rangers fans will have little to sing about AND now the end is near ... Christopher Jack Sports Journalist Wednesday 17/12/2014 and so he faces the final curtain.. Ally McCoist likened his appointment as Rangers manager to taking over the mic from Frank Sinatra. Today, he will face the music. McCoist has taken the blows and did it his way at Ibrox, but his time in the spotlight is coming to an end, and he will soon exit the stage. Whether it comes in the aftermath of his meeting with Derek Llambias and Sandy Easdale today, at the end of the season or in 12 months' time, the day when McCoist is no longer Rangers manger is approaching. Like all matters at Ibrox in recent years, money is at the heart of the matter and the crux of the discussions. McCoist is due several hundred thousand pounds if the board wish to dispense with his services before the end of his notice period, but with an £8million black hole in their finances, they seemingly have no way to pay the 52-year-old off. He will leave with a cheque, but there is unlikely to be a thank you for his efforts. Whatever figure is settled on, McCoist will be due every penny for what he has done for Rangers, the fights he has had to fight, the controversies and characters he has had to deal with and overcome. However a deal is struck, whether it is in cash now or later or even shares, it will be a fraction of the multi-million burn that has seen Rangers blow their chance of financial stability and a platform, on and off the field, to go on and establish themselves at the top of Scottish football once again. It is only a matter of time before the most remarkable managerial reign in Rangers' illustrious history comes to an end - but it will solve few problems. McCoist's abilities as a coach and tactician have been called into question for some time. The argument for not having him as manager can be fairly easily made and stacked up and many fans will be pleased there will be new methods on the training pitch at Murray Park and instructions from the Ibrox dugout. Against a different backdrop, he probably wouldn't have lasted as long. But McCoist's ethos and approach to the game, the failings of his side and embarrassing results, are not Rangers' biggest problems. Defeats to Hearts, Alloa and Queen of the South have piled the pressure on his shoulders but football, even with the Premiership in sight, is of secondary importance once more. The heart and soul of Rangers is up for grabs. The proud, distinguished club, Scotland's most successful, is a shadow of its former self and another cornerstone is about to be removed when McCoist departs. There is a different feel around Rangers these days as supporters, battle-scarred and weary, turn their back on the club in their thousands. Familiar faces have gone, standards have fallen and bonds have been broken. Where past generations could put their faith in Bill Struth, Willie Waddell or Walter Smith, the fans of today have a far different proposition. Some of those who have made their way up the marble staircase in recent years and do so today are not of the same calibre. They don't appear to hold the same values or share the love of, and commitment to, the club. Fans may not want McCoist the football man, but they need McCoist the Ranger. His rallying cry of 'we don't do walking away' during the dark days of February 2012, became the motto of Rangers' fight for survival and his most famous soundbite. McCoist may leave the club, but it won't signal the end of his service as he goes back to simply being a fan, and surely a concerned one at that. His departure will be welcomed by those whose only focus is football, but some fans will once again miss the big picture. Having fought so hard to save the club, his club, during its fight for survival, and been instrumental in the battle to retain their titles, McCoist has seen the face of Rangers change significantly in the last couple of years. Colleagues have been punted out the back door in a bid to save thousands of pounds while millions are haemorrhaged through bad business decisions and 'onerous' contracts. Friends have lost their jobs just weeks before Christmas, and left the club without the golden handshakes awarded to so many who have given nowhere near the same level of service. It should serve as a warning of what has been and what is coming that McCoist feels he is now better off out of Ibrox. There may be better people available to manage the team, but there is nobody better than him to manage the club. McCoist will become the third Light Blue legend to say enough is enough at Rangers. John Greig continues to stay away from the club, as does Smith, and McCoist has now decided he doesn't like what he sees behind the famous red brick facade. Smith removed himself from a 'highly dysfunctional environment' when he stepped down as chairman in August 2013, yet there has been little progress made since then to resolve the myriad of issues facing the club. The faces in the boardroom may have changed but the problems remain, the questions stay unanswered and the fears are very much justified. McCoist's decision to step down should set alarm bells ringing once again. The savage cuts, the headlines, the in-fighting and politics have taken their toll. In truth, he is probably better off out of the place. But Rangers will not be in a better place with him out of there. With McCoist gone, who do the fans turn to and put their faith in? Who can they be sure is acting in the best interests of Rangers? Would they trust Easdale, chairman of the football board, to hand-pick the right man to lead the club back to the Premiership and oversee that journey? Or would they rather Mike Ashley, the man who has bulldozed his way to control and has the club's merchandise channels tied down in his favour, continue to call the shots from afar? Whoever has the final say, the outcome for McCoist will be the same and the future for Rangers will be uncertain. There will surely be few fans who will be glad to see the back of McCoist, the man they remember as a nine-in-a-row hero, their record goalscorer, Super Ally. He has been let down by a series of chairmen and chief executives, seen promises made and broken. He has been let down by too many of his players, with performances abject and faith not repaid on the pitch. He deserves better than the hat-trick being completed with the fans letting him down and deserting him at the end, too.
  22. Just been interviewed on Sky Sports News there. To quote - 100% committed. 100% will be in charge next week v Livi Got a job to do, to get back into the top flight Going nowhere So God knows what happened earlier today. Almost as if Ally knew nothing about it.
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