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Dave King bought a massive chunk of Rangers last night and then told supporters of the long suffering Glasgow giants: I told you I wouldn’t let you down. South-Africa based tycoon King has snapped up a near 15 per cent stake in Gers, after spending £2.5million to purchase the shares held by Artemis and Miton. And King revealed: “Despite being rebuffed by the current board I have never given up and will continue to pursue the commitment I made to the Rangers fans. I said before that I am not going away and this shows I am not.” Castlemilk-born King’s powerplay comes less than a week after George Letham’s Three Bears consortium bought Laxey Partner’s 16 per cent holding. Factor in the ten per cent held by Gers fans — as well as the two per cent owned by previous bosses Walter Smith and Ally McCoist — and the group as whole now command a 45.8 per cent shareholding in Rangers. Both moves are understood to have caught the current Ibrox regime cold. Insiders believe it could spell the beginning of the end for a board of directors so despised by Gers fans, with thousands of supporters boycotting home matches to show their anger. King added: “The current board will never be accepted by the fans.” Johannesburg-based King now plans to return to Glasgow in the coming weeks when the stakeholders could call for an EGM at Ibrox. King said: “I am considering my next steps and must consult with all stakeholders. “I will be back in Scotland in a few weeks for meetings.” It’s believed Laxey, Artemis and Miton made their decision to bail out amid concerns over Rangers’ chairman David Somers conduct at last month’s explosive AGM. The Ibrox share price has been in freefall for months with King snapping up his shares for just 20p yesterday. Asked if he felt under-fire Somers should go, King said: “He should remove himself.” After three years of turmoil, King believes his purchase, coupled with the earlier move by the Three Bears, could prove hugely significant as the businessmen look to rebuild the Light Blues. King added: “I am, once again, hopeful about the future of Rangers. I have never given up and will continue to pursue the commitment I made to the Rangers fans. As I said before.” http://www.cfclatest.com/2012/01/03/king-tells-fans-i-said-id-be-back/

That McCoist will be given his job back as manager? The thought of it fills me with dread

They're worried, make no mistake about it, not one single positive thing in Merlin's latest propaganda, which fills me with yet more confidence for our future - Transparency Required January 1, 2015 / billmcmurdo The remarks of Colin Kingsnorth upon Laxey’s sale of their shareholding in RIFC do not bode well for the future of the club. Kingsnorth seems to have a personal issue with Mike Ashley and hopes that the group he sold to will ramp up the opposition to Ashley in their new position as shareholders. With these intemperate comments, Kingsnorth has thrown petrol on an already ravaging fire and possibly kicked off a whole new era of turmoil at the club. Ashley’s position as Rangers’ major creditor, coupled with his having Derek Llambias in place, means that he still wields considerable power in the Ibrox boardroom, despite having a lesser shareholding than the Three Amigos. The problem for Rangers fans is what happens if the incoming group decides to go to war with the other factions for control of the club. This would make the boardroom battles of recent times look like an infant spat. If Ashley decides to fight for control of Rangers then things could get very nasty indeed. The Amigos as predicted took advantage of the plummeting price of Rangers’ shares to secure their stake. This has left a bitter taste in the mouth of many Rangers supporters considering it is the actions of those activist groups like the UoF and SoS who support Amigoco that have driven the share price down. It also doesn’t help that Taylor, Letham and Park have bought shares from an existing shareholder and that the monies do not go directly toward the club at a time when RFC is screaming for income. Let’s be fair – if people like Mike Ashley can be criticised for buying shares this way, so can the Amigos. Good for the goose, good for the gander and all that. There are also many fans who question the concept of chasing away a billionaire for people whose combined net worth comes nowhere close to his. The possibility that further bitter infighting could rip Rangers apart cannot be discounted. Imagine, for example, if Mike Ashley chose to take on the pointless rules of the SFA regarding his own shareholding with the Three Amigos supporting the SFA and conspiring against Ashley. An unthinkable prospect as there isn’t a Rangers fan alive who thinks that the SFA will act in Rangers’ best interests. Questions must be asked of the new shareholders – again, in the interests of parity with Ashley. Some of mine would be:- What are their plans – if they have any – to help raise revenues in the future? Short, mid and longer term would be great. What are their intentions in respect of control of the club? Do they intend to oust other factions and wrest control? What are their plans for the management, coaching and playing side of the club? How do they intend to take on the club’s many detractors in the media and elsewhere? These are broad stroke questions but more pointed ones would be how would they propose to deal with the present gardening leave situation of the manager and who specifically do they want on the board? It would also help if we could get a definite answer on whether or not George Letham is on the RST board. All in the interests of transparency, of course. The new shareholders will surely be willing to have exacted upon them the same demands for transparency and openness they expected of others. Mile Ashley’s seeming reticence to share his own plans has not served him well and only breeds suspicion. The Three Amigos would do well to heed this because they can definitely expect to be grilled repeatedly should they fail to be transparent in their own dealings. After all, we have been taught to expect much better from real Rangers men…

Hi to all Rangers fans and a happy new year! Well. I've woken up today to find that we've signed one of your lads, Lewis McCloud and I think I'm delighted. But I know little about him and so wondered if you could give us a few pointers on what to expect? I understand he plays midfield which is a little strange as that is one area I would say we don't need to strengthen. I'm guessing we've bought him as cover with a view to developing him for the future. But if called upon, is he ready for the Championship in your opinion? I've read that a couple of lower league clubs (namely Shrewsbury Town and Leyton Orient) were in for him but were put off by the asking price (reported here as around £400k). Interested to hear your views on Lewis. Brentford is a progressive club and a good place for up and coming players so it seems a shrewd move by McCloud, the Reds seem to have signed a promising young player for the future and Rangers have a few bob in the bank so hopefully this will prove to be a good move for all concerned. Good luck for the rest of the season!

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.

...while fans are queuing up to bail them out. WHY the hell are Rangers selling their best player for just £1million when they have fans who are willing to put £6.5million into the club?. It's an absolutely ridiculous state of affairs. No wonder the Gers fans are going berserk. It's obvious to me this is a reaction by the club to the SFA blocking Mike Ashley from increasing his stake to 29.9 per cent. The club is desperate for money. I said a few weeks ago that it wouldn't surprise me if clubs came in for Macleod and Lee Wallace in the January transfer window. It is well known in the game that Rangers need funds. So clubs will try to get players on the cheap. But Brentford! For £1 million! It is obvious Rangers are in a serious predicament. Because what does selling the midfielder do for their chances of winning promotion back to the top flight? I just don't know why the club aren't accepting people who have put money on the table with open arms. George Letham, Douglas Park and George Taylor have offered to underwrite the share issue to the tune of £6.5 million. They are genuine supporters who care about the Ibrox club and they have provided proof of funds. Anybody who wants to invest in the SPFL Championship club just now has to be a fan given the state they are in. They don't want to make a fast buck. Apparently, the club is ready to open negotiations with the trio over representation on the board. But for me there is no discussion needed. Ashley's attempt to buy control of the Ibrox club has been rebuffed by the SFA. So the club has to get money from somewhere else. Why aren't they accepting this substantial injection of cash straight away. Why are they offloading Macleod? Do they have something to hide? Are there things they don't want these guys to find out about? I personally am not interested in who is in charge Rangers. I just want them to function as a unit with everyone involved working together. I want to see the club run they way it should be run - on and off the park. If this consortium's bid isn't accepted there is a very real danger that more fans won't bother to turn up for the Championship game against Dumbarton on Saturday. Attendances at the matches against Cowdenbeath and Livingston this month were below 20,000. What will they be this weekend after this development? The people who are running Rangers have to understand they need the supporters onside to get out of this mess. If Letham, Park and Taylor came in then I am in no doubt that fans would have more faith in the board and more of them would come back. I know for a fact that young Lewis didn't really want to leave Rangers. Certainly not to Brentford. I am in no doubt that the 20-year-old has been told he has to join the English Championship club to raise money. Yes, it is a higher level than he is currently playing at. But I think he could do far better than the Griffin Park club. The money Rangers will bank from the sale of the Scotland Under-21 internationalist, too, will do them for a month. What do they do after that? They have lost one of their best performers, one of the few individuals they have who has a bit of quality. Do they go back to Mike Ashley and get more loans? Are we the Loan Rangers now? http://www.eveningtimes.co.uk/rangers/rangerscomment/rangers-are-flogging-the-family-silver-while-fans-are-queuing-up-to-193047n.115344368

@Ryanfinnie22: Happy to say I have left Rangers after a year of ups and downs great bunch of boys though will miss them a lot. Time for a new start... ⚽️❤️

He's a COWARD, he doesn't like a 50-50 and tackles from behind. SCOTTISH football journeyman and no stranger to a hard tackle, Chic Charnley has lashed out at Rangers bad boy Ian Black. CHIC CHARNLEY didn’t need to take lessons when it came to being one of Scottish football’s bad boys. He was sent off 17 times in a tempestuous career that began in 1982 and finished in 2003 when he made his final SPL appearance for Partick Thistle 18 days short of his 40th birthday. Rangers midfielder Ian Black has been booked 33 times and sent off twice in his 101 games for Rangers but, according to Charnley, their disciplinary record is about all they have in common. Charnley, right, was as hard as he was skilful but has no time for Black, whom he regards as being deficient in both departments. The 29-year-old was hooked by interim manager Kenny McDowall just 34 minutes into the 4-0 defeat by Hibs at Easter Road after a booking for a scything foul from behind on Scott Allan – a challenge that sums him up so far as Charnley is concerned. He said: “Black is just a coward. His fouls are either from behind or the side or they’re late – you don’t see him going in for many 50-50s. “On the other hand, he always seemed to be complaining about the rough treatment from other players in the lower divisions but if you dish it out then you need to be able to take it. “I know Kenny McDowall well from playing alongside him for St Mirren and I know what he’s like – he wouldn’t have missed Black in the dressing room especially after he kicked the dugout after being taken off. “That sums up Black’s attitude. I’ve never rated him as a player anyway but I particularly dislike the way he struts about the pitch as if he is somebody. “He should never have been at Ibrox in the first place. I know Ally McCoist’s hands have been tied since they went bust but, even now, he isn’t good enough to play for them. “He would never have got near the squad for any of the teams Coisty played in.” Sky pundit Andy Walker was also critical of the foul on Allan, which forced McDowall to sub the player before he was red-carded. Walker said: “That’s not the way to show that you’re brave. It’s typical of Ian Black. The jersey seems too heavy for him. “He can’t be trusted – he can’t keep his composure.” Charnley also believes the former Inverness and Hearts man should have been binned when it was revealed in August, 2013 that he had been caught betting against Rangers in a game he had played in. He said: “How can you do that? His feet shouldn’t have touched the ground when that came out. “Listen, we all used to put a coupon on at the weekend when I played but it wouldn’t have crossed anyone’s mind to bet against your own team. “I know football has changed but if anyone in John Lambie’s team had been caught doing that he’d have had them up against the wall by the throat. “As for my record, I did some daft things and sometimes my reputation preceded me but I was still playing at 40 because I loved the game. “Black’s contract with Rangers is up at the end of this season and if they let him go – and I’m sure they will – I don’t think anyone will want to sign him.” Charnley played for 12 senior clubs in Scotland, England, Ireland and Sweden but never made a secret of being a lifelong Celtic supporter. But he takes no pleasure in the plight of the coaching staff at their rivals. He said: “Ally had to deal with a lot of stuff that no one else ever had to contend with. “Kenny is a good pal of mine and I know he’ll be hurting – my heart goes out to him. “I really feel for Ian Durrant, too. The people running that club have no class and they’ve proved it by the ridiculous way they’ve treated him. “They’ve demoted him to youth team coach in an attempt to force him out. It’s a liberty. “However, once this whole episode is over and done with, I have no doubt that the three of them can manage another club and be successful.” http://www.dailyrecord.co.uk/sport/football/football-news/chic-charnley-slams-rangers-hot-4891416

"Rangers chairman David Somers pleaded for Mike Ashley takeover to succeed, emails reveal" http://www.telegraph.co.uk/sport/football/teams/rangers/11311642/Rangers-chairman-David-Somers-pleaded-for-Mike-Ashley-takeover-to-succeed-emails-reveal.html Fot full Roddy Forsyth article, click link above -------------------------------------------------- This isn't just about Somers though, it goes deeper.

...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

...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?

Apparently today's top table location...

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

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.

How did we lose this game??

http://www.eveningtimes.co.uk/rangers/requisitioner-says-ally-mccoist-deserves-full-pay-off-at-rangers-192073n.114667550 I wish someone would explain to me in detail how some people are entitled to contractual pay offs for bad performance while others are not?

Right he is going and as a manager the record books may show two titles but on the whole in my opinion he has been a dud totally inept when it comes to tactics if he ever had any . But what about him as a player he went to England never happened maybe to young well never know because he came to rangers had a sticky start but was luck to be in at the start of the souness revolution were he played at the top end of a very good team he was very fortunate to be playing in front of some great half backs , good wingers giving him first class service and I am not knocking him in this aspect but I often wonder how many goals lets say jimmy millar , jim forrest , ralph brand or even big dandy would have scored playing in front of the souness/smith players .

Being reported that the board and legal team will meet with McCoist and his legal team on Wednesday. Could be out before agm? Billy Davis anyone? From The Mail on Sunday.

Spoke to him today on facebook. Presuming it's not some tim on the wind up he actually seems to still follow us and posts on some of the Rangers facebook pages. Thought that was quite random, will see if he wants to join up here!

According to Sky Sports News......

Reading McMurdos Blog today, even he knows Ashley will not invest. ''Rangers are sick at heart. The answer is a strong leader but there is no-one on the horizon who fills that role. Everyone involved is hanging on to their own sphere of power and influence at the club. There is no Willie Waddell, no Bill Struth or Jock Wallace to rally the Ibrox battallions and have them face the same way instead of train their guns at each other. Yes, there is Mike Ashley. I am confident that he will step forward and provide both leadership and funding to steer Rangers away from the rocks and back to ruling the seas. But in all honesty I have to say that the margins are so fine at this very critical juncture that he might do so just too late to prevent a shipwreck. And let there be no doubt – what’s left of Scottish football will drown in the wake." https://billmcmurdo.wordpress.com

http://www.gersnet.co.uk/index.php/latest-news/299-an-open-letter-to-ally-mccoist Also available in the print edition of the Scottish Daily Mail (5/12/2014)

Rangers Youth @RFC_Youth · 37m 37 minutes ago #Rangers under-20's are in action against Celtic tonight at Murray Park (KO 6pm). Team news to follow then goal updates as they happen. Rangers Youth @RFC_Youth · 35m 35 minutes ago #Rangers U20's to face Celtic: Kelly, Sinnamon, Ross McCrorie, Pascazio, Gasparotto, Dykes, Roberts, Murdoch, Hardie, Stoney, Walsh. Rangers Youth @RFC_Youth · 35m 35 minutes ago #Rangers U20 Subs: Robbie McCrorie, Gibson, Finnie, Brownlie, Whiteside, Wilson, Ogen. Kick off is at 6pm. Come on the Gers! Rangers Youth @RFC_Youth · 6m 6 minutes ago '20 - GOAL: #Rangers take the lead through Ryan Hardie! Sensational chip from the Gers youngster from distance. 1:0 to the Gers. Rangers Youth @RFC_Youth · 6m 6 minutes ago '20 - GOAL: Ball down the right channel by Roberts in behind the back four and Hardie took a touch before audaciously chipping the keeper. Rangers Youth @RFC_Youth · now 23 seconds ago '33 - GOAL: After a period of pressure, Twardzik equalises with an excellent left footed shot from the edge of the box into the top corner.

UoF Statement on Retail Deal - 75p in every £10 goes to club "Since the release of the accounts for RIFC PLC, the focus has rightly been on the almost immediate requirement for more cash simply to pay bills and also the board’s wish to raise £8m in equity finance despite recently turning down a valid, fully funded offer for £16m. However, having had the accounts analysed by qualified accountants, we feel it is important to bring Rangers fans' attention to the absolutely disgraceful reality of the retail deal which has been entered into with Mike Ashley’s Sports Direct. We have become accustomed to David Somers', Comical Ali style proclamations about our club. He stated recently that Rangers "make quite a lot of money" from the Sports Direct deal but that is not how the accounts read in our analysis. In fact, despite the loyalty of the Rangers fans seeing £7.6m spent on retail in the year covered by the accounts, the club's share of that spending is a paltry £590k. That means that for every £10 spent by Rangers fans on merchandise, the club receives only around 75p. The accounts also reveal that Rangers Retail has an obligation to purchase stock at a higher price than it is able to be sold at. In the second half of the year covered by the accounts it appears that the portion of profit due to the club is an unbelievable £2k. For comparative purposes, the much maligned JJB agreement, our previous retail deal, made the club a minimum of £4.8m a year over the term of the deal, over 8x the amount we are making from Sports Direct. Crucially, it is also not clear whether the club has yet received a penny of the £590k it is due or whether it is still retained within Rangers Retail. Indeed, from inception it would appear that the club has only received £100k in dividends from the venture with Sports Direct. Mr Ashley has loaned money to strengthen his stranglehold over our commercial operations, whilst funds due to the club through Rangers Retail, over which Sports Direct has effective control, are retained. We have always feared that the deal Charles Green did with Sports Direct was dreadful for Rangers. Mr Somers' ridiculous defence of it, on behalf of this discredited and incompetent board, can be added to the list of reasons why he, the Easdale brothers, Norman Crighton and Derek Llambias are rightly distrusted by the vast majority of our fans. In light of the information revealed in the accounts we urge fans to stop buying merchandise from club stores, which are now under Mr Ashley’s full control or being shut down, and Sports Direct. Your loyalty is being abused and the club is not benefiting from the money you are pouring into Mr Ashley's pockets."