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  1. Hearts have exited administration after documents were lodged with the Court of Session in Edinburgh. The Edinburgh club had been in administration since last June with debts close to £30m. They started the season with a 15-point penalty and will play in the Championship next term after being relegated from the Premiership. Hearts owner Ann Budge “When we do hand the club over to the fans in a few years' time, it will be in the best possible shape” Ann Budge Hearts owner "We kept going and it's wonderful that we're here, eventually," said the club's new owner Ann Budge
  2. Bawsburst on RM hinting at something happening soon with this recently formed company by Laxey pic.twitter.com/Nc8zHXA8Dn So Laxey's Kingsnorth registers a new company called GreenWhiteStar UK PLC. How disgustingly ironic
  3. Up on BBC: Rangers' former commercial director Imran Ahmad is to go back to court on Tuesday as he seeks to have more than  £500,000 frozen in the club's account. In February, Lord Tyre disagreed with Ahmad's claim that Rangers were trading while insolvent. Now, with doubts over season ticket sales, Ahmad is concerned about Rangers' ability to pay out should he win his ongoing legal battle with them. The two parties are in dispute over his claim for unpaid bonuses. At the February hearing, Lord Tyre made his decision in Rangers' favour because of what he described as the cyclical
  4. Given all the talk about share issues , proxies , who own what , who has proxies for whom , here is an up to date position , ( stands back to be shot down ) , this is from the Rangers International Football club site on shares , http://www.rangersinternationalfootballclub.com/share-information. Sandy Easdale - owns 2,942,957 , proxies of 14,387,003 . This Includes all of BPH (4,000,000) and Margaritta 's 2,600,000 share holdings . Laxley owns -8,292,957 Artemis -5,749,000 River & Mercantile -4,795,500 Hargreave Hale - 4,601,888 BPH - Proxied to Sandy Easdale -4,000,000 Miton C
  5. Rangers legend Richard Gough joins forces with Dave King in fresh assault on current club regime and says 'I trust Dave with my life' THE nine-in-a-row captain has agreed to be trustee for an account for fans' season ticket money after King accused the board of "an extreme act of bad faith" an accusation Rangers branded "disgraceful". The nine-in-a-row skipper has joined forces with Dave King in declaring all-out war against the current Rangers regime. Gough has agreed to stand as a trustee for the account into which the Light Blues legions are being invited to plough season-ticke
  6. By Richard Wilson BBC Scotland There are still challenges to overcome, not least the continuing lack of a title sponsor for the Scottish Professional Football League, but individual clubs can still thrive. The level of debt being carried by top-flight teams is falling, and that presents an opportunity. Dundee United and Kilmarnock recently secured debt-reduction deals with Lloyds Bank. Two clubs whose financial priority had to be servicing seven-figure debts can now maximise the worth of their incomes. Celtic's interim results for the financial year to 31 December showed a surp
  7. From BBC website: Kilmarnock close to major debt reduction deal By Richard Wilson and Jim Spence BBC Scotland Kilmarnock are set to announce a deal that will see the majority of the club's £9.4m debt written off by Lloyds Bank. The agreement would involve the chairman Michael Johnston retaining a reduced shareholding in the club. A company headed by local businessman Billy Bowie would take ownership of the hotel, which has been valued at around £2.5m. Johnston and Bowie would also be joined on the board by three new directors. Kilmarnock would be left essentially debt f
  8. IAN Black has vowed to earn a new deal with Rangers - and help the Ibrox club complete every stage of 'The Journey'. The former Inverness Caledonian Thistle and Hearts man is out of contract at the end of next season. But he is keen to pledge his future to Rangers so he can help them compete against their Old Firm rivals. Black said: "I have been consistent this season and the manager has been happy enough to play me every week. I have been doing something right. "I just need to work hard, keep my head down and try to earn myself a new contract. "I have got this year and n
  9. http://www.thelawyer.com/analysis/ma...016288.article Cohen & Stephen (The Liquidators of Rangers FC) & Ors v Collyer Bristow Late 2013, 5-10 days, Chancery Division For the claimant Cohen & Stephen (The Liquidators of Rangers FC): South Square?s Mark Philips QC leading South Square?s Stephen Robins previously instructed by Taylor Wessing partner Nick Moser, taken forward by Stephenson Harwood partner Stuart Frith For claimants the Trustees of the Jerome Group plc Pension Fund: Outer Temple Chambers? David E Grant, instructed by trustees David Simpson, wh
  10. 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:
  11. 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.
  12. http://www.dailyrecord.co.uk/sport/football/football-news/rangers-bring-new-financial-guru-3009812 FORMER Liverpool and Arsenal financial chief Philip Nash is recruited as a consultant to help streamline the club’s massive outgoings and slash budget. RANGERS have stepped up plans to wipe millions from their budget – by employing a new financial guru to help oversee cuts. Record Sport can reveal former Liverpool and Arsenal financial chief Philip Nash has been recruited by the Ibrox board in a “consultancy” role to help oversee streamlining of the club’s enormous spending. Ye
  13. This makes interesting reading. I await 'sporting integrity' campaigns and boycotts of Rugby Park. Premier League strugglers Kilmarnock are set to have millions of pounds worth of debt written off — at the taxpayer’s expense. The Sunday Post can reveal that the Bank of Scotland — part of Lloyds Banking Group — is considering writing off the majority of the £9 million debt owed by Kilmarnock as part of a deal to settle the club’s future. It is understood owner Michael Johnston has put a proposal to Lloyds, which is 32.7% owned by the taxpayer after the Government’s 2008 bail-out, t
  14. I know I will get Pelter's for posting this, but thought I may get the other side of the coins thoughts. It was taken from RM and put together by a poster called TheLawMan "I recently posted about the Murray myths around debt reduction and Break even Domestic policy however i see today he is still claiming he helped reduce debt. His fans appear to believe him as well, despite the facts disputing what he says. Anyway, i thought i would take things a little further and look at the facts and figures of the people we are being asked to vote for. I know this type of thing normally bore
  15. Certainly didn't do us any favours. Britain’s two State-backed banks have been accused of ruining thousands of small firms by using ‘unscrupulous’ business practices. Royal Bank of Scotland and Lloyds ‘harmed their customers through their decisions and caused their financial downfall’, according to a bombshell report released today. Read more: http://www.dailymail.co.uk/news/article-2512791/Banks-ruin-firms-just-make-killing-RBS-Lloyds-branded-unscrupulous-profiteers.html#ixzz2leLh4Wer Follow us: @MailOnline on Twitter | DailyMail on Facebook
  16. http://billmcmurdo.wordpress.com/2013/11/06/whyte-and-the-missing-millions/ I am told that former Rangers owner Craig Whyte could be getting his collar felt in the near future. BDO investigations have thrown up what will be an absolutely gigantic story of fraud and forgery on a staggering scale involving Whyte’s purchase of Rangers. Police Scotland are believed to be closing in on Whyte and it is reckoned he could get the maximum sentence available if found guilty. I would imagine Whyte’s extraordinary unpopularity and toxic name might be a problem in terms of his getting a
  17. http://www.rangers.co.uk/news/headlines/item/5288-chief-executive-steps-down CRAIG MATHER has today left his position as Chief Executive of Rangers International Football Club Plc by mutual consent. Mr Mather has agreed to stand down in an attempt to help calm speculation over the governance and executive management of Rangers. Mr Mather said: “The interests of the Club are of paramount importance and I believe these are best served by me leaving the Club. “Despite recent events and speculation, the facts of the matter are that the Club is financially secure and in a far
  18. Whilst I am very happy with the statements released tonight I do however have one major concern. That is the return of a certain Martin Edward Bain. This man in my opinion has done some serious damage to our great club, a lot of which has been hidden by the media and not discussed. This includes negotiating with Strathclyde's finest "not" to charge a certain manager of another club for racial and sectarian abuse. Allowing most media outlets to have a free for all against our club and its supporters without defending them once in a court of law. Vastly increasing his salary when our clu
  19. DAVE KING made the following statement tonight: "I confirm that I held talks with Rangers Chief Executive Craig Mather and Finance Director Brian Stockbridge in South Africa. I wished the discussions to remain confidential until something definite was agreed- one way or another. I have maintained that confidentiality. However, given my awareness of incorrect inferences being drawn in the media I would like to make a limited statement at this time. "The discussions were, to my mind, very positive and it was agreed that subject to the normal regulatory approval I would put my name forward t
  20. KEITH JACKSON follows the money trail at Rangers which reveals the staggering sums of cash that have changed hands at the Gers. OK, so you’re just back in from the paper shop. First off, congratulations on your purchase, needless to say you’ve made an excellent choice. Now, turn out your pockets and sift through the shrapnel. Is there a single shiny pound coin in the change? If so, what do you have planned for it? How far can you make it stretch? To help out, here’s some research on what you’ll get for your money. Homer Simpson novelty socks, a pack of chewing gum, a
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