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  1. Now, I'm the first to highlight caution when it comes to believing what you read in the papers - not least when it is Graham Spiers writing about Rangers. Hyperbole, imbalance, mischief and trouble should accompany any by-line when this particular member of the broadsheet (I use the term loosely) fraternity dares to debate our club. However, in his article today, there appears to be a few direct quotes from our current chairman Alastair Johnston which suggests his commentary is, in this case, authentic and worth discussing. Therefore, it isn't a surprise that the article in question has
  2. Interesting to read in the Herald today about one of Scotlandâ��s oldest house-builders being forced into receivership by the Bank of Scotland*. Juxtapose that with the ongoing challenges of our own 138 year old institution, it perhaps lends weight to the claims that the financial issues at Rangers are problems that may result in the bank foreclosing on their facilities resulting in claiming the �£20million+ debt they are owed back quicker than the currently agreed ~20 year term. Indeed, a cursory look across the community again finds sources warning of the pressure that is about t
  3. Most lucid article yet. Tax move may come back to kick Rangers where it hurts Published on 28 Apr 2010 ANALYSIS: Chris Watt IF it seemed too good to be true, thatââ?¬â?¢s probably because it was. A scheme employed by Rangers to cut wage bills has come back to bite the club where it hurts. Employee remuneration trusts ââ?¬â?? beloved of Premiership sides and City slickers alike ââ?¬â?? have been a stock tactic in the armoury of cost-cutting firms for years. A legal, if controversial, means of shaving costs without hitting players in the pocket, the trusts a
  4. McGregor, Wilson, Bougherra, Boyd Whilst probably lazy journalism, it's pretty much accepted that the latter 3 will be leaving anyway
  5. http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/2972512/Walter-yes-or-no-in-48hrs.html
  6. Mission Impossible... the Rangers takeover attempt by Ethan Hunt Ibrox stadium Martin Williams Share 0 comments 12 May 2010 It always looked to be a Mission Impossible when the consortium set out its Ã?£50 million plan to buy Rangers Football Club. But when one of the key advisors involved in the takeover bid was revealed to be Ethan Hunt, the namesake of the leader of the Mission: Impossible team, it appeared the assignment might prove too tough. The fictional Ethan Hunt ââ?¬â?? played on the silver screen by Tom Cruise ââ?¬â?? and his team often used intricate disg
  7. It isn't often Chinese military treatises can be applied to Scottish football but Tzu's famous 6th century book 'The Art of War' certainly seems to be being read by a variety of people when it comes to a few important issues - be it the political influence vacancies at the Scottish Football Association or those vying for the ownership of Rangers in recent months. Obviously the former is interesting in itself but we'll concentrate on the latter subject for this article. Military strategy then? How can that possibly be relevant to the Rangers ownership debate? Well, the metaphor for this
  8. Who were the group who met with AJ and Bain yesterday, isn't it their duty to inform ALL Rangers supporters of the meetings outcome, or are we lowly foot soldiers excluded from such information. Exclusive by Thomas Jordan Share 0 comments 10 May 2010 Sasa Papac today urged the Rangers powerbrokers not to break up Walter Smith�s double-winning side. The future of the Ibrox manager has been cast in doubt amid fears funds won�t be made available for him to strengthen the squad during the summer despite winning the SPL and the Co-operative Insurance Cup. And
  9. There should be a moratorium on the amount of bullshit papers can make up and print, all of it rehashed crap.
  10. http://www.eveningtimes.co.uk/sport/editor-s-picks-ignore/walter-smith-needs-assurances-if-success-is-to-continue-1.1026091 Analysis by Darrell King Share 0 comments 7 May 2010 Walter Smith will receive the silverware this Sunday, but will he get the answers? The weekend ahead promises to be one of the most crucial in Rangers� history, as a behind-the-scenes search for clarity on the future goes on, against the backdrop of the club�s first home SPL trophy presentation day in seven years. Smith is becoming an increasingly frustrated figure, and justifiably
  11. It maked me wonder what colour the sun is on some peoples planet, when I read this drivel. http://www.rangersmedia.co.uk/homepage/index.php?option=com_content&view=article&id=412:lloyds-warned-at-agm-that-rangers-supporter-pull-out-could-cost-p2b&catid=41:finances
  12. Hmmmm, sensationalist nonsense IMO but perhaps one of our own tax specialists on here could confirm...?
  13. http://news.bbc.co.uk/sport1/hi/football/teams/r/rangers/8654665.stm Sir David Murray insists "limited funds" are available for Rangers boss Walter Smith to purchase new players. The former chairman, who controls 90% of Ibrox club, told BBC Scotland that directors are planning to help the club through its wait for a buyer. He said the sale of his stake is the remit of chairman Alistair Johnston. Murray insisted it was "obvious" that Smith will require investment after reducing the squad to ease the club's finances with a reduced wage bill. The delay in Murray selling
  14. ..erm, in the ET: http://www.eveningtimes.co.uk/sport/editor-s-picks-ignore/fans-deserve-home-truths-1.1024057
  15. http://www.gersnetonline.co.uk/2010/index.php?option=com_content&view=article&id=266:rangers-fans-to-protest-at-lloyds-bank-agm&catid=1:articles&Itemid=67 After previous protests against the influence of Lloyds Bank - via shareholder votes against the election of Rangers Director Donald Muir and protests at Ibrox earlier this year - it seems the banking issue is one again on the agenda for Rangers supporters. As coincidence would have it, the Lloyds Banking Group - who this week reported an unexpected surge in profits since being bailed out by the tax-payer - have their
  16. http://www.eveningtimes.co.uk/sport/editor-s-picks-ignore/the-facts-that-shine-light-into-darkest-corners-of-the-crisis-engulfing-champs-1.1023755
  17. Rangers in crisis ââ?¬â?? Douglas Park has spoken to director Dave King, but admits takeover is ââ?¬Ë?impossibleââ?¬â?¢ because of tax investigation For sale ââ?¬â?? but whoââ?¬â?¢s buying? Darrell King Share 0 comments 28 Apr 2010 Douglas Park, the businessman who has interests in several car *franchises and a coach company, last night confirmed he has spoken with Dave King, the South Africa-based *millionaire Rangers director who remains interested in taking over the club. Park told The Herald there was a ââ?¬Å?real willingnessââ?¬Â from several individuals who wa
  18. Last week the club sent out the season ticket renewal letters for season 2010/2011 - both by traditional post and by email. With a 53rd SPL title within reach and prices frozen for next year, surely everyone will be sending their payment back asap to ensure their seat at Ibrox! After all, the following promise in the letter will allay any fears we may have... Positive words then and I certainly appreciate the thanks for the supports' ever loyal financial and emotional investment each year. Some may find it patronising but I feel the gratitude is genuine enough - certainly retaining
  19. http://www.heraldscotland.com/murray-faces-108m-hit-if-rangers-buyer-refuses-to-take-on-club-s-debt-1.1020769 Sir David Murray stands to take a hit of �£108 million if he sells his 92% stake in Rangers FC to a buyer willing only to take on the clubâ��s estimated �£30m debt. Latest accounts for Murray Sports, the vehicle used by the former Rangers chairman for his football holding, show the accumulated interest on loan notes payable to Murray Group Holdings in the event of a takeover of Rangers has risen from �£44m to almost �£48m, on top of the �£60.6m loan. Meanw
  20. - Walter Smith - February 3rd 2010 - Walter Smith - April 6th 2010 Two months of a difference, two markedly different appraisals of the situation, but both offered by the same man. Just which one do we believe and is the manager helping the cloud of uncertainty still hovering over a club which is just three wins away from the SPL title? On the face of it, Smith's words yesterday should brighten the sky for many bears. The SPL title is within our grasp and to let such a lead go now would be unfathomable. Our debt is decreasing while our closest rivals' is increasing. Our
  21. RANGERS could still be forced to take part in the Champions League qualifying rounds next season if, as expected, they clinch the Scottish Premier League title. The financially troubled Ibrox side, and the Lloyds Banking Group, have been eagerly anticipating an estimated �£10 million cash injection from competing in the elite club competition to help reduce the club's �£31m debt. However, it has emerged that their path to the group phase may not be automatic if CSKA Moscow or Lyon are the winners of this year's Champions League. The Russians have already failed to qualify for nex
  22. Is it debt or a rolling facility, AJ's interviews would have been hard to have been bettered by the master of waffle himself SDM. +++++++++++++++++++++++++++++++ Hugh MacDonald, Chief Sportswriter 0 comments Published on 17 Feb 2010 H MacD: Why has the debt not been published? AJ: There is no requirement by the plus markets to declare your debts. That is not to say we are trying to be crafty in any way. The debt levels are impacted by cash and cash availability and our debt to Lloyds Bank is actually not a debt but a line of credit. That means it goes up and down day by day acco
  23. RANGERS chairman Alastair Johnston believes the remaining 13 games of the SPL campaign hold the key to the Ibrox club securing a healthier, long-term financial future. Speaking as Rangers published half-yearly accounts which reveal an operating profit of �£13.1 million for the six months to 31 December 2009, Johnston admitted the value of Champions League qualification cannot be overstated in addressing the prospects of reducing his club's �£31million debt and attracting new ownership and investment. The Scottish champions' interim figures also showed a turnover of �£37.8million,
  24. Alastair Johnston insists Rangers would be in greater financial trouble had it not been for Lloyds Bank. More...
  25. CHAIRMAN reveals profit of 13.1million pounds to December 31, 2009 More... RANGERS have announced unaudited interim results for the six months to 31 December 2009 and chairman Alastair Johnston has released the following statement: I HAVE pleasure in presenting the Interim Results for the six months to 31 December 2009, a period that saw the Chairmanship of the Club pass to myself in August 2009. The ensuing six months of my tenure saw us perform in Europe's elite club competition and reap the financial benefit of so doing in achieving turnover of �£37.8m and an operating pro
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