Jump to content

 

 

Search the Community

Showing results for tags 'review'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Main Forums
    • Rangers Chat
    • General Football Chat
    • Forum Support and Feedback

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Location


Interests


Occupation


Favourite Rangers Player


Twitter


Facebook


Skype

  1. ......and says it's not easy playing on 's**** pitches'. FRENCH defender Sebastian Faure last night lashed out at Rangers' critics and accused Ibrox fans of being too harsh on the club. Sebastien Faure last night blasted back at Rangers’ critics and insisted the team’s achievements have been “staggering”. Despite romping to the League One title without suffering a defeat, Ally McCoist’s men have copped stick for their performances. And fans raged at the players when they suffered a shock defeat to Raith Rovers in the Ramsdens Cup Final. But French defender Faure returned fire as he insisted: ? Fans expect Gers to play like Barcelona and Bayern Munich. ? Any other club in Scotland aside from Celtic would have lost three or four games in League One by now. ? Gers have been forced to play on “s*****” pitches. ? It’s impossible to take more than two touches in the lower leagues. Faure, who moved to Ibrox from Lyon in 2012, said: “The fans have seen the club in the top division for 140 years and because our name is Rangers they think we are still a Premier League team. “They expect us to win every game 6-0 and play like Barcelona or Bayern Munich. But that is not possible. “We have to play on some s***** pitches and that is not easy. Put any team from the Premiership, except maybe Celtic, into League One and they'd have lost three or four games by now. “Our opponents want to beat us at all costs. The fans think we should just take one or two touches on the ball but that is not possible. “What we have achieved is staggering. So it’s fair to say the fans are a bit harsh with us. But that is the way they have always been so we are used to it.” Faure, though, relishes running out to a packed Ibrox and can’t wait to take on Celtic in an Old Firm game once Rangers get back to the big time. The 23-year-old said: “At Ibrox you feel you’re playing an English Premier League fixture with the huge crowd. If a top French club fell so far down the league ladder they wouldn’t get so many fans. “I’m looking forward to playing against Celtic. It would p*** me off to leave without playing an Old Firm game. “We hope to meet them in a cup tie next season. It is a game like no other. “For the players who will have helped the club win three promotions it will be a historic achievement. It is a huge adventure to be part of the comeback. It will leave an indelible memory. “The club may have gone down but its aura remains intact.” http://www.dailyrecord.co.uk/sport/football/football-news/rangers-defender-sebastian-faure-hit-3434882
  2. Thought I would put some more into what I have posted, I have nothing to gain or lose I suppose by posting on this board and dont want to hassle people, if the admin of the forum would like me to stop posting then they can private mail me and let me know. What I am saying is that I know 100% Dave will make a move in the next 7 days which will be to try and seize control of the club, you as fans will ultimately vote with your feet so to speak but Dave had to and has given this current regime all the time and met all their request made to him and to us as fans. I know this because I know this, you can believe this or you can ignore this, either way, I thought it would do no harm by posting the fact that Dave will be making substantial moves next week in order to be in a place to be the new majority owner come the summer. No ego, no nothing. its all about Rangers and where we should be, either follow or dont.
  3. Chaps, I'm not looking to troll or create tension here, but for the life of me I can't work out why any bear can trust or support the current board. I've seen nothing from the board that can help balance up my own feelings and each passing week sees more shit rolled at supporters. So, in the spirit of good debate, what are the good points of the board which gets them support, albeit a small minority, but support all the same from fellow Bears. What are the positives from board.
  4. IN ROBERT Bolt’s play and film, A Man For All Seasons, Sir Thomas More assembles his numerous domestic staff to break the bad news that he has fallen on irredeemably hard times. “I am no longer a great man,” he begins. “And since I am no more a great man, I no longer need a great household. Nor can I afford one. You will have to go.” Here was a practical demonstration of the kind of acute insight and quick wits that gave rise to the former Lord Chancellor’s reputation as one of 16th-century England’s most formidable intellects. Of course, More would also have been quick to acknowledge that even the humblest peasant farmer, faced with financial catastrophe – a failed crop, say – would have been similarly aware instantly of the necessity of a protracted period of austerity, or even abandonment of his smallholding and relocation as an employee on a steady, if modest, income. It is a grasp of elementary economics that seems somehow to have eluded anyone charged with executive duties at Rangers throughout the years since the instigator of the old club’s decline, David Murray, began the large-scale, reckless extravagance that led to calamity. Since then, despite the onset of administration and liquidation and passing through the hands of a succession of regimes to the present board of directors, the Glasgow institution has existed in a constant state of financial vulnerability, with no-one among the numerous sets of “saviours” apparently willing to identify certain damaging truths and take appropriate remedial action. This speaks of a culture problem at Ibrox, one that became entrenched during the 140 years that preceded liquidation in 2012 and has generally not even been acknowledged, far less addressed, despite the overwhelming evidence of the need to abandon principles that have been rendered wasteful by monetary imperatives. Chief among these actions is to emulate Thomas More and concede that Rangers are no longer a great club. That is, “great” in the sense of magnitude, as opposed to their historic high achievement and the resultant command of the affections and allegiances of many thousands of followers. An organisation whose annual turnover once was close to £60 million has now, according to the latest returns, shrunk to £19m – and even that amount is likely to be reduced again at the end of the current financial year. Yet, in the wake of liquidation of the old club and the birth of the new, the directors saw fit to sanction a yearly wage bill of around £7m for players charged with winning the fourth- and third-division championships. Salaries of non-playing personnel make the total around £9m, while the general costs of running the operation drain the kitty of £1.4m per month. These ludicrously high outgoings having to be met entirely from the club’s working capital, since their history of leaving behind creditors owed millions when entering administration means they no longer have access to credit lines at the banks. Despite the obviously perilous condition of their finances (a recent emergency loan of £1.5m from private individuals required simply to remain solvent until the end of the season), numerous supporters are immovable in their conviction that Rangers remain a “massive” club whose rightful place is at the head of Scottish football’s Premiership and competing creditably in the Champions League. There is, of course, nothing intrinsically flawed about aiming for the stars, but the problem with too many Rangers followers is that they want it to happen yesterday. Their ideal is the instant cure of a wealthy benefactor taking control and providing an unconditional minimum £50m of funding with which the team could be transformed from lower-league capabilities to national champions in the blink of an eye. And yet, curiously, there appears to be a substantial number of fans willing to rally to the banner of Dave King, the South Africa-based entrepreneur who, astonishingly, has publicly declared his unwillingness to invest in the club. So far, he has offered only words, primarily to blacken the names of the current directors. King has also shown himself to be as inconsistent as many who have become involved in the propaganda war at Ibrox, at first encouraging supporters not to renew their season tickets, then changing tack by saying that the chief executive, Graham Wallace, should be allowed to complete his 120-day review of the business, before returning this week with another fusillade in the direction of the board. King, convicted on more than 40 counts of tax evasion in South Africa, accused the opposition of a lack of integrity and honesty. But, among the array of head-turning schemes associated with disenchanted fans and the directors, the most preposterous is surely the demand by the former to be handed security over Ibrox Stadium and Murray Park as part of their renewing season tickets. This is like insisting that M&S give customers security over their flagship Oxford Street store in exchange for a pledge to buy more merchandise. The entire season-ticket phenomenon, in fact, has been warped into a grotesque caricature of its traditional place in the game and led to the utterly meaningless and misleading question: “What happened to the fans’ money?” This clearly ignores the fact that, when a ticket is bought, the money becomes the seller’s while the buyer gets the ticket. It’s not complicated. At the core of the Ibrox morass, however, there ought to be a warning that the fans should be careful what they wish for. Institutional investors collectively make up a large majority of shareholders, but each has actually spent a comparatively tiny amount on acquiring their equity. If they continue to be harassed, they could consider the venture not to be worth the bother, sell off the assets and close down the business. http://www.scotsman.com/sport/football/spfl-lower-divisions/glenn-gibbons-rangers-fans-playing-dangerous-game-1-3381635
  5. This is taken from FF posted by Kaiserbear53 Expect a response from Mr King in the next few days but it won't be until after the Game on Saturday as Mr King does want not to take the focus off the team and be blamed for protests and the anger that will come. As expected and as has already been stated, the current board have spat in the face of Dave and this attempt to under mine the restructuring and sort our club out once and for all will soon come to a resolution. The board will try and palm you off with a membership scheme which some may buy into but bide your time bears and bearets, listen to what Mr King has to say about the shiftiness off this move and make your own minds up. Kaiser _____________________________________________________________________________________________________________________________ Its what will happen, The information will be released through the press association as he is still in South Africa. Next week the battle begins. _______________________________________________________________________________________________________________________________ Without breaching trust here to much? King was not satisfied, he was patronized and was fobbed off therefore played the board at their own game, he know's they are unprofessional and not capable of running the club short - mid or long term, what King done was simply give the board and CEO enough rope. They made public assurances which have been breached, do you honestly think a man who has spoken to his children and told them, this will be your inheritance, this is what I am doing, is going to let the current mob who couldnt organize a prayer in a mosque away with it? Have faith. I have no idea how true or who the poster is.
  6. Graham Wallace will be finding little time for respite. A draft version of his 120-day business review is thought to be ready for senior figures within Ibrox, the rate of season ticket renewal uptake will be evident to the ticket office staff and supporters have raised questions about executive bonuses. He understood that he would not face conventional challenges when he took on the chief executive role at Rangers in November, but he will never have felt under greater scrutiny than now. Wallace brought with him an impressive CV and a strong reputation. Within English football circles, particularly at the highest level, Wallace remains an admired figure. Former colleagues at Manchester City, where he was chief finance officer then chief operating officer, still talk enthusiastically about his personal and professional qualities. Often, staff in other departments would turn to Wallace for advice on how to deal with difficult situations, even though they were not specifically his remit. Those qualities, and the experience gained during three years at IMG and five at MTV Networks, do not suddenly dissipate. Wallace understood the situation he was walking into when he accepted the job offer and believed that he could - as an independent figure - find a solution to the state of conflict around the club. The result of December's annual meeting of Rangers International Football Club shareholders was an endorsement of his credentials and he might not have anticipated such a protracted state of upheaval. Rangers fans have made vocal and visual protests about the way the club has been run It is questions that he has been assailed with. Former director Dave King, pointedly, asked if the board was seeking financing last December while Wallace was publicly declaring that there was enough cash to sustain the business to April. The Union of Fans asked about his bonus arrangements and specifically if he is entitled to 100% of his salary, the same contractual arrangement as one of his predecessors, Charles Green, and the former finance director, Brian Stockbridge. It was Wallace who removed Stockbridge from his post in January before bringing in the former Liverpool financial director Philip Nash in an advisory role. Both men have solid reputations, but neither is likely to have encountered such a difficult situation as the business of rebuilding Rangers. Wallace inherited a mess, with the money raised by the launch of RIFC on the alternative investment market having been spent and the revenue being smaller than the club's outgoings. Rangers were also tied into most of the commercial contracts agreed by Green, although Wallace has struck a sponsorship deal with the online casino, 32Red, which is for three years. There is, though, a fundamental challenge. Rangers need recapitalisation - something Wallace has always acknowledged - as well as the rebalancing of costs that the chief executive has been pursuing. At the AGM, he announced a 120-day review of every aspect of the business. This was a required initiative - the interim results to 31 December 2013 showed a £3.5m loss - but the timescale was ill-judged. Football clubs are simple businesses, with mostly fixed costs and income, but very difficult to run because of the impact of sporting performance on the finances. It seemed to supporters as though Wallace was buying time. There was also a credibility issue when it was announced in February that £1.5m was being borrowed from two shareholders, Sandy Easdale and George Letham, with the money secured against Edmiston House and the Albion Car Park, given Wallace's previous assertion about the cash in the bank. The 120-day deadline passed on Thursday 17 April and an update on the review will be released on Friday 25 April. It will need to declare how Rangers will raise the funds to match the investment requirements. Manager Ally McCoist's football department needs an overhaul The football department needs an overhaul, with a scouting network required, but also more strategic decision-making when it comes to the first-team budget. Costs are imbalanced and manager Ally McCoist agreed to accept a pay cut, but a long-term, sustainable approach needs to be implemented to return Rangers to the top flight in a competitive state. Ibrox Stadium and Murray Park also need maintenance work, but bringing the business back to an even keel by cutting costs and increasing revenue streams will not provide the level of additional funding that Rangers need in the short to medium-term. With the board having ruled out borrowing against their major property assets, the options are limited. A fresh share issue, which King is keen to underwrite, would dilute the holdings of any current shareholders who do not reinvest. This would alter the shareholder dynamic and the power base that supported the current directors at the AGM. It is this problem that Wallace has to solve. If he presents a review to the board that steers the business towards recapitalisation, will all of the directors agree? There is also the more pressing issue of season ticket sales. The renewal process is underway and the deadline is the week following the business review update. Many supporters have grown weary and cynical of the machinations, on all sides, of the saga. Yet renewals are critical, since the interim accounts published in March revealed that going-concern status for the next 12 months was only granted on the basis of an increase in season ticket prices and sales. If the renewal numbers are in decline, there is a legitimate question about how Rangers will be funded until the end of next season. Wallace is experienced and capable but also at the mercy of the situation he took on - although earning the trust of the entire Rangers fan base was always unlikely given the tensions that exist between different groups. There are some decisions he might, on reflection, have made differently, but it is the ones he makes now that will be critical, to his future and the club's. http://www.bbc.co.uk/sport/0/scotland/27081026?utm_source=twitterfeed&utm_medium=twitter
  7. It's that time again! Post your captions folks! Photo copyright: 2014 Willie Vass Six hundred grand shirt sponsorship for our first season back in the premier league? Eh?
  8. .......if Ibrox chief Graham Wallace is in line for a whopping £300,000 bonus. UNION of Fans believe directors at their cash-strapped club are still entitled to 100 per cent top ups to their salary similar to the windfall received by Charles Green. RANGERS fans have demanded to know if the club’s chief executive Graham Wallace is in line for a whopping £300,000 bonus. The move was launched by the supporters’ coalition group, the Union of Fans. They issued a statement late last night expressing “shareholder concern” about the culture of huge cash rewards in the boardroom which saw shamed duo Charles Green and Brian Stockbridge double their annual salaries during their time at the club. Now they want to know if Wallace has negotiated a similar package – a deal they say could take his yearly earnings to in excess of £600,000. The statement said: “We would therefore urge Graham Wallace to disclose publicly whether or not he has ended the bonus culture within the club or whether it has continued with new appointments. “We do not feel that, under circumstances in which the club is losing large amounts of money on a monthly basis, shareholders should have to wait until the audited accounts are published to find this out. "These accounts will not be available until near the end of the year. “Can Mr Wallace, for instance, earn an annual 100 per cent bonus on his salary, which it has been said is in excess of £300,000 a year? “In the past we have seen Charles Green double his salary with a 100 per cent bonus, while ex-financial director Brian Stockbridge was also awarded a £200,000 bonus to double his salary. “Will Graham Wallace also be able to double his salary to more than £600,000 a year or has he ended that type of bonus culture within the Ibrox boardroom? “If he wants to build trust then he should be happy to rule out that this type of culture is still ongoing.” The Union of Fans also expressed dismay that the current regime has not answered questions raised last week by Dave King. He asked, among other things, if Wallace knew the club was about to run out of cash when he addressed shareholders and fans at the agm in December. The statement added: “We also still await answers to the questions posed by Dave King and in particular the question regarding Mr Wallace’s agm pronouncements about the cash position of the club, which we do not believe to have been true. “Mr Wallace cannot continue to ignore these extremely serious questions if he expects to build any sort of trust with the fans and shareholders.” Rangers last night refused to disclose Wallace’s salary details. A spokesman said: “Rangers Football Club does not comment on the details of any employee’s compensation. “Mr Wallace, as a director of Rangers plc, will have his remuneration fully disclosed in the annual accounts in the normal manner. “The club will update fans and shareholders on its business review next Friday as previously announced.” http://www.dailyrecord.co.uk/sport/football/football-news/rangers-fans-demand-know-ibrox-3426039
  9. Monday, 14 April 2014 20:00 Business Review Update Written by Rangers Football Club "THE Board of Rangers Football Club notes the concern of supporters around the timing of release of an update from the Club’s business review ahead of the renewal deadline for season tickets. The Board confirms, in accordance with its previous announcements, that the business review will be completed as planned and an update will be issued to shareholders and supporters on 25th April, ahead of the season ticket renewal deadline as previously indicated." http://www.rangers.co.uk/news/headlines/item/6763-business-review-update
  10. GRAHAM WALLACE insists Rangers are making 'substantial progress off the field' as they gear up for next season's SPFL Championship campaign. The Light Blues this week clinched a shirt sponsorship deal with online casino giants 32Red, who will replace Blackthorn in the summer and become the Gers' partners for the next three seasons. Ally McCoist's side are just one season away from their return to the Scottish top flight and chief executive Wallace said: "We are delighted to announce this deal. It shows we are making substantial progress off the field. "This is a good long-term partnership for Rangers. "We can leverage the strength of the 32Red brand and this deal can help reinvigorate the Rangers brand domestically and internationally. "We are working very hard to re-energise and reposition the club on the international stage. That goes hand in hand with our progression up the leagues and we are planning for next season in the Championship with one eye very firmly on the seasons beyond that. "Having a strong commercial partnership portfolio is very important to the club. "Attracting blue chip brands to be partners allows us to grow our commercial revenue which in turn allows us to reinvest right across the business. We are very pleased with this deal and it is the first, tangible step in our new commercial strategy. "The Championship will be a very competitive division and we are doing all our preparation to make sure that, in the true traditions of Rangers Football Club, we expect to be competitive and we expect to be successful." Wallace is due to complete his 120-day overview of the books at Ibrox on Friday but the club confirmed this week that they will only publish an 'update' on April 25. Wallace said: "We will shortly be publishing the results of the club's business review, as we committed to do, following an in-depth review of all areas of club operations. "This will give fans an insight into understanding the current status of club operations and how we are working to put in place what is needed to build for future success." http://www.eveningtimes.co.uk/rangers/wallace-happy-with-off-field-progress-at-rangers-159803n.23978036
  11. DAVE KING tonight fired another attack on the Rangers board. The South African businessman has declared war on the current Ibrox regime and has issued a strongly-worded statement again urging Rangers fans not to renew season tickets. The statement reads: I must respond to the Rangers board’s criticism of my appeal to withhold season ticket advances. This board continues its habit of evading issues by attacking the integrity of any individual or group that speaks out against them. I am happy to engage the board on our comparative integrity. Unlike this board, I do not regard integrity as a character attribute that comes with an ON/OFF switch. When I met with the board the Chairman requested that, other than the two public statements that we made, the balance of our discussions would remain private. I agreed to that and, despite requests from fan groups to disclose the full details of my discussions, I steadfastly honoured my undertaking. This board did not do likewise. In an ill-judged attempt to discredit me, they have now disclosed my comment to them that I preferred not to put money into Rangers if it could be found from other sources. In this instance they demonstrated their lack of integrity for no advantage as I had already, as part of my frank discussions with the fan groups, advised them that I had no prime ambition to invest further in the club but will do so if no other investors come forward. I would be delighted if the club could thrive without any investment from me. This attempt at a “juicy” leak by the board merely proves that it is impossible to engage this board on a basis of confidentiality and integrity. The board has now stated that it was always its intention to only provide the business review after season ticket advances had largely been paid. It has denied that it agreed that the business review would be made available prior to fans committing to season ticket advances even though I referred to this agreement in my public statement immediately after our meeting. At the time the board allowed my public statement, in toto, to go unchallenged. Presumably it had no concern with what I stated. Again, we have an integrity issue but fortunately have common sense as a referee. We know that the board did not challenge my public statement of last month. It is also common cause that the vital issue for the fans is to be told what ambition the owners have for the club and how this is going to be funded. It must be obvious that the fans need this information prior to investing - not after. The board’s new version lacks integrity even if it was believable. Given that the board is quick to raise integrity and trust as key issues I would like to pose simple questions that are easy to reply to with a simple yes or no. a) Does the board agree it is unfair to ask fans to buy season tickets before they consider the business review? b) Does the board agree that, given the present financial position of the club, it is appropriate to provide Ibrox Park and Murray Park as security against season ticket advances? c) Does the board agree that in the latter half of December 2013 it was in discussions to obtain finance that would be needed prior to the end of the current season? d) Does the board agree that in the latter half of December 2013 it provided public assurances to the fans that the club had sufficient cash to last until the end of the current season? Without satisfactory answers to these questions fans should not be expected to invest in season tickets.
  12. by Robbie Bannatyne In 2001, I played in the Willem II Youth Football Tournament for Glasgow Rangers FC under 13s. After a narrow 1-0 defeat by Arsenal in our opening game we got, to use a colloquial term in the West of Scotland, ‘pumped’ in all of our remaining fixtures by opposition including Ajax, Nantes and Feyenoord - who were technically, and physically, far superior in every department. To further compound our misery, our pathetic performances were the polar opposite to those of the gifted U15 side, who produced a string of dominant displays en route to the final of the prestigious tournament. Since its inception in August 1993, the Willem II youth tournament has featured the top international clubs and some of the most talented young football players in the world on an annual basis. But no other youth side will ever face a team as talented as Rangers’ opponents in the 2001 Final of the Willem II tournament; a Barcelona side orchestrated by Lionel Messi, Cesc Fabregas and Gerard Pique. The team was also supplemented by a further three current professionals in Victor Vasquez (Club Brugge), Marc Valiente (Real Valladolid) and Marc Pedraza of CD Numancia. Unsurprisingly, this vintage crop of La Masia youngsters routinely routed their poor, hopelessly overmatched opponents. A comment from Arsenal manager, Arsene Wenger, after Francesc Fabregas arrived at the Gunners, a mere 18 months after that youth tournament, summed up their superiority, he stated, “When Cesc arrived here (Arsenal) I spoke with his mother and she told me that his team (Barcelona Academy Team) were used to winning 6-0, 7-0, 8-0 and 9-0." Yet despite Barca’s embarrassment of riches, the final was a keenly contested affair- which the Catalans edged 2-0. Although the classy Catalan side were clearly a step up in quality, the young Ibrox hopefuls were not totally outclassed, and contributed significantly to an absorbing final, rich in technical ability and skill. That final seems to have been a catalysing event for the young Catalan side who, in the very next season, became the all-conquering group of young Cule’s who won an unprecedented treble in the unforgettable, and now legendary, season of 2002-2003. Dundee United midfielder, Paul Paton, was a member of the Rangers team who played Barcelona in the Willem II Cup final. In an exclusive interview with GiveMeSport, Paton recalled his memories of the tournament: “We performed well in the tournament playing against Brugge, Willem II and Arsenal. We defeated Feyenoord, who had De Guzman, (Swansea midfielder and Dutch international) in the semi finals. “But the Barcelona team were a step up in class, physically bigger, stronger, fitter and faster. At the time, I didn't realise there players would go on to be some of the best players in the world. But it was obvious that they were a special side. Almost every player in that team has gone on to carve a career in Spanish football.” The fact that the same youth team has produced three of the greatest players of their of generation, and in Messi, probably the finest player in football history, ensures that the ‘Class of 87’ will forever be enshrined in the history of FC Barcelona and their legendary talent conveyor belt academy, La Masia. A simple Google search on ‘Barcelona’s Class of 87’ yields a litany of literature written about the fabled ‘Baby Dream Team’. Yet an identical search about the Rangers class of 1987 offers up nothing. The brilliant batch of young boys at Ibrox literally became forgotten men. Surely the strong showing at the Willem II tournament should have been a platform for further success, right? Wrong. Soon after, the team seemed to plateau before alarmingly beginning their rapid descent into footballs abyss, where the vast majority of the players remain. The aforementioned Paul Paton of Dundee United, and Bob Harris, who plays for English League One side Sheffield United are the only two players from that gifted Ibrox youth side to have properly made the grade in the professional game. Tellingly, they were both released from the Ibrox club at 16 years old. In what is befitting of the Scottish ‘way’, the concerns about both players seemed to be in regards to there of lack height rather than deficiency in ability. At the same time, many of their teammates from the Willem II tournament team, who have since faded into obscurity, were awarded professional contracts by the Glasgow giants. Paul Paton, without a hint of bitterness or resentment, recalls his painful snub from his boyhood heroes: “There are always favoured players in every set up and it was them that were rewarded with pro contracts. I was released along with Bob Harris and funnily enough we're now playing at a higher level than anyone else in that side. "Maybe that shows that Rangers failed to spot what we knew we had. We weren't given a chance and that's my only regret. If I went full time at 17 rather than 21 I'd be a much better player." Now I am in no position to disagree with Paton, who has plenty more knowledge and experience of football than I will ever have. But, in some respects, I think he has risen to the top level because of his snub from Rangers, not in spite of it. Instead of staying cocooned in the prosperous comfort zone of Murray Park, being lulled into a false sense of security of dominating games in the U19s or reserve leagues, he started at the very bottom of the senior football ladder, with Third Division side Queens Park, and made his way up the leagues the hard way. His experience of the harsh and unforgiving environments of the lower leagues strengthened his resolve to be a success in the senior game, and gave him a greater appreciation of the toil it takes to really make it as a footballer. His undeniable talent was complemented by; commitment, hard work, dedication and a desire to better himself- qualities which I am sure were refined and developed during his apprenticeship in the lower leagues. He is now thriving in the top tier of the Scottish game. So much so, in a miraculous twist of fate, today Paul Paton started for Dundee United in their 3-1 victory over, you guessed it, Rangers at Ibrox. The result sent Paton’s side into the Scottish Cup Final, and typically, the combative 26-year-old was in the thick of the action in the Dundee United engine room, enjoying every minute against his boyhood heroes. When asked about his opinion on the failure of his former teammates to make the grade in the senior game, he said: “Murray Park was a good experience and it felt like a privilege at the time. Maybe the boys that went full time took it for granted, got too much too young and read their own press. At the time they were the best players in the county at their age. Maybe they never applied themselves and didn't work hard enough.” Although the national approach to youth development in Scotland has been notoriously archaic for a number of years, perhaps Rangers youth academy coaches and the Murray Park policy makers were especially negligent in their duty of care to diligently develop the potential of their youth team products. This is a quote from the clubs former chief executive, Martin Bain, given in a press conference in 2004, which seems to add credence to this conviction. He stated: "If I'm very honest, the focus was on the first team for most of the nine years that I've been here." Alarm bells should have been ringing when one of the most influential men at Rangers publicly denounced his clubs antiquated approach to youth development. The statement basically lays bare the brutal truth that the Ibrox powerbrokers abandoned the process of youth development in favour of procuring established talent for the 1st team for a close to a decade. This is in spite of the fact that fully three years prior to his comments Rangers spent £14 million on the plush Murray Park complex. When I quizzed Paul Paton about the success of Murray Park, the former Rangers youth stated: “As far as I'm concerned no real talent has came through Murray Park. The young boys playing in the first team wouldn't make the reserves in years gone by.” These damning comments seem to confirm that the supposedly fertile terrain of Murray Park, which should have been used to cultivate and maintain a dedicated and focussed philosophy, that prioritised, above all else, organic long term sustainable development, was instead turned into barren landscape after being sabotaged by the prevailing, and fundamentally unsustainable principle of investing in readymade success for the senior team. This subordination of youth development in favour of buying expensive foreign players the club couldn’t afford literally killed Rangers FC on 13th June 2012. The current incarnation in the club now trade is officially named ‘The Rangers Football Club Limited’. As a direct consequence of the fatal financial problems, which still plague the Ibrox club, they do not have any sort of scouting infrastructure in place at the club. No need to rub your eyes in disbelief: you read that last sentence correctly the club has no scouting network whatsoever. Unsurprisingly, this approach is the antithesis to that of Barcelona’s where the emphasis has been on consistently producing quality home grown players to complement the first team since the appointment of Laureano Ruiz, as the general coordinator of youth football for the club in 1974. From that point on, the overwhelming focus of youth development has been on cultivating a style of football based on the philosophy of possession play, through the marriage of touch and technique, as opposed to relentless running and physique, which prevails in Scotland. The long term result of this vision: the inimitable brand of ‘tiki-taka’ football played by all Barca teams from the academy to the Camp Nou. The talent conveyor belt, which continues to churn out world class individuals and sides such as ‘The Baby Dream Team’, from the La Masia breeding ground, could not be contrasted more sharply with the barren land of Murray Park. Whilst the Barcelona players are literally living out their dreams, the former Rangers youth prospects suffer the nightmare of tainted memories, broken ambition and bitterness that they failed, or were prevented, from truly fulfilling their huge potential, which was abundantly clear to anyone who watched their fantastic displays at the famous Willem II tournament. Ultimately, Rangers’ negligible approach to youth development was one of the main culprits for the creative cull of such a promising batch of players that went off the boil so badly, so quickly. But there were certainly other chief protagonists in this tale of woe and tragedy.
  13. The Rangers boardroom battle has been a wee bit like watching an old war movie of late. Dave King is charging around the seas like a crazed Admiral, dropping depth charges and firing all guns blazing at HMS Rangers, the elusive submarine. Admiral King never seems to land a blow as the crew of HMS Rangers are always several steps ahead. Every now and then HMS Rangers launches a quiet torpedo that blows yet another hole in King’s rebel ship. Perhaps the killer blow came yesterday with a short statement from the club that, as planned all along, the 120 day review will be published and give skeptical fans an idea of where RFC is right now and what it has to do to get where it wants and needs to go. Fans expecting a document that will magic away all problems Rangers faces and others expecting a breakdown of how many paper clips each department at Ibrox plans to use over the next twelve months will be disappointed. These reviews are meant to give broad strokes, not minute details – at least the versions that will be on public display. Rangers being a plc means that the board is obligated to withhold certain information that may be price-sensitive in terms of share value. There should, however, be enough in the review for the average fan to get a decent picture of what could be improved upon and how this new board will go about it. If the board delivers this review on the 25th then it would only be reasonable to expect an apology from Dave King, who has raised anxiety levels unnecessarily recently by his pronouncements that the review would not come prior to the season ticket renewal deadline of May 6th. Particularly when King himself made it a contest between his own integrity and the board’s. Readers of my blog yesterday will be aware of the real integrity issue that fans have to mull over. Cynics may be forgiven for thinking that Dave King is actually the board’s secret weapon. His interference in the boardroom saga has galvanised thousands of Gers fans into buying season tickets and taking a more aggressively anti-rebel stance. Some in the rebel camp are clearly squirming every time King makes a pronouncement these days. Dave King is either the board’s secret weapon or he has kicked so many tyres it has damaged his brain. As a businessman he is only too aware of how preposterous the idea is that a responsible plc board would sign over its assets to customers – assets owned by the shareholders. It is arguable that AIM would block such lunacy if the board was daft enough to succumb to the proposal. And the very people proposing it accuse the board of emotional blackmail! There will be a hardcore of rebels and other gullibles who will give the South Africans their season ticket. But I suspect that many who are threatening to will crumble and join the masses who will renew. King will huff and puff and eventually head for home in his crippled ship while HMS Rangers will continue on its path back to glory. Full speed ahead for the mighty ship Rangers.
  14. Just back from this meeting at the Louden tonight , it lasted just over 3 hours and had approx 40 in attendance ,before I start , this was the first meeting of the group I had been to so I had no preconceived ideas as to what to expect . The meeting opened and Richard Atkinson ran through the entire history and aims and objectives of rangersfirst , why a CIC , what the positives were , how it worked etc etc , the entire first part of the meeting , infact the vast majority was being filmed and I believe it will be used when they make presentations to supporters clubs etc.It was very impressive and very professional , now in the past I have written about what I perceived was the apathy of the Rangers support , tonight totally changed my mind , I have never felt so optimistic as I did leaving the Louden in a long time .There was a section on how members should behave with regards to online arguments/debate which given the recent outbreaks on twitter and on certain sites brought everything perspective , this is 100% about Rangers , what peoples views are on , race , religion ,politics, gender , sexuality etc etc is their own business ,none of that matters all everyone was focusing on was Rangers , and to be honest it was a breath of fresh air. There is still a long long way to go , but with over 1000 members after a very soft launch on social media , which includes over 100 taking the club 1872 £500 life memberships already signed up , I think in this present time when there is so much uncertainty , the problems we are facing both on and off the field , the 120 day review , the DK situation where fans are obviously waiting to see how it all transpires , over 1000 members is pretty good going , there will be a full launch via the msm soon , however the club announcing the 120 day review has thrown a spanner in the works regards that , there is also a slight issue with certain people who support rangersfirst not wanting to be seen rocking the boat with regards the club , but I am sure when the launch happens the rangers family will be delighted with what they see and hear. Various supporters clubs have taken out the club1872 life membership and I was wondering if there is an appetite for this small free thinking forum to band together and take one out in the gersnet name , it could be held in one of the admins names .As I have already said I have taken a club1872 life membership out myself but would be more than happy to donate £25 to get it started , if there is a desire it might be something that we could continue even by donating a £1 or £2 each month into an account which goes into rangersfirst ,like I said its only an idea . Finally massive thanks to WATP_Greg and his dad and all the staff at the Louden for their hospitality tonight , much appreciated.
  15. Has the club posted out the renewal notices yet? If so, when were they received? I don't appear to have received mine.
  16. APRIL 14, 2014 [h=1]UOF STATEMENT 14/04/2014[/h] by Garry Evans “Following discussions on the release of season ticket renewals, the Union of Fans would like to confirm that, in line with Dave King’s statements over the weekend, we will now be pushing forward with plans to collect season ticket money. We are delighted that Nine-in-a-Row captain, Richard Gough, and Dave King have both agreed to support this plan. We hope that other iconic Rangers figures will join them in publicly supporting this move in the near future. The money placed into the account will be released to the club, in full, as soon as they agree to give season ticket holders a security over Ibrox Stadium and Auchenhowie. There will be no drip feeding of funds and we do not consider that the board has any legitimate reason to reject this proposal. For the past two weeks we have, through a third party, put forward a plan to Graham Wallace which would have seen a security over Ibrox and Auchenhowie granted to trustees in favour of ALL season ticket holders. The security would have diminished as games were played and would have been discharged at the end of next season. We felt this would provide the board with an opportunity to build trust with fans over a reasonable period of time. We have received no response from the board to this proposal, or to the offer of a meeting to discuss things amicably. This board’s public pronouncements about engagement and trust are a sham. To be clear, had the board complied, it would have meant that we would not have needed to collect season ticket money in a separate account. It would have allowed the fans and the club to carry on with renewals as normal and would have removed any element of confrontation from the process. Despite repeated acceptance from Mr Wallace that the board do not have the trust of fans, and repeated claims that they are seeking to engage with them, this board have made no serious attempt to improve things. Their haste to release renewals before the completion of the 120 day business review, has now forced our hand. Legal advisers have been engaged and are working on the legal framework and bank account required to collect money. We would ask in the meantime that fans do not renew prior to evaluating this board’s ‘120 day’ review to take the club forward. We would also ask them to be vigilant and ensure they are not signed up for auto renewal, which they would need to cancel in writing to the ticket office before the 28th April. The vast majority of season ticket holders on the 4 month payment option from last year will fall into this category. We do not consider that there is any prospect of this action forcing the club into administration. It would be a gross dereliction of directors’ duties for this board to allow that to happen when substantial investment is on offer to them and when they can ensure they receive all season ticket money by securing Ibrox and Auchenhowie in favour of season ticket holders. We also have concerns that, even with all the season ticket money available to them, they will not be able to complete the season without further investment. Furthermore we reject suggestions this will push the board into securing Ibrox in return for further loans. Again, this would be in breach of their directorial duties when they would first have to reject a more favourable offer from the fans. We will be extremely interested to hear the board’s answers to the four questions posed by Dave King in his latest statement. Particularly the question relating to Graham Wallace’s undertaking to shareholders at the AGM that there was “sufficient cash in the business to fund the ongoing needs of the club in the near term”. We do not believe this statement to have been true. Our fans have an opportunity to safeguard Ibrox – we sincerely hope they do not succumb to emotional blackmail from people who know nothing about what our club means to us and that they use the only power they hold for the good of Rangers.” http://www.unionoffans.org/statements/2014/4/14/uof-statement-14042014
  17. ..................but Rangers still manage to buck the trend. WITH the majority of clubs in Scotland look like they are beginning to flourish once again, KEITH says Rangers seem unable to move on from the never-ending war for control that continues to rage on in the boardroom. SO now that the football’s finished for another season, where next for Rangers? Well it won’t be Celtic Park in May anyway. Dundee United made sure of that on Saturday when, even without hitting top form, they coasted safely into this season’s Scottish Cup Final on the back of a 3-1 win, secured at “neutral” Ibrox. Jackie McNamara’s wide-eyed bunch will now bound on towards Glasgow’s east end where they will be hotly tipped to finish the job against St Johnstone – despite the Perth side’s heroics in slapping down Aberdeen yesterday. By stopping the rise of the Reds dead in its tracks, Saints have already secured their own piece of history. A first Scottish Cup Final appearance now awaits them and they thoroughly deserve this moment, even if the rest of us were gearing up for what might have been an even more mouth-watering coming together of the New Firm. In many ways, the game up here was crying out for a United v Aberdeen final but even though they have been kept apart, the ongoing resurgence of these two old foes is perhaps a telltale sign that Scottish football might be getting its act together at long last. Despite the financial earthquake which reduced Rangers to rubble two years ago and the predictions of a devastating tsunami to follow, football in this country has survived its Armageddon. Yes, Hearts remain in a critical condition but it was downfall of Romanov rather than Rangers which visited this misery upon them. Crowds may have fallen at Celtic but any downturn in interest has been more than offset by the tapping into UEFA’s Champions League millions on an exclusive basis. Aberdeen, while licking yesterday’s wounds, can at least cling on to the League Cup for consolation. Motherwell are flying high again in the league, United and St Johnstone will now end the season as success stories one way or the other. It could even be reasonably argued that our national team and manager Gordon Strachan are feeling the benefit of the administration and then liquidation which led to Steven Whittaker, Allan McGregor and Steven Naismith setting off towards the top end of English football. Naismith, in particular, is beginning to look like a genuine star at Everton and could well be Strachan’s first-choice striker for some considerable time to come. All of which is good news. Green shoots are everywhere. Everywhere, that is, except at Ibrox. Because while all around them others are beginning to emerge from this long, nuclear winter and are even starting to flourish, Rangers continue to blow themselves to pieces. This club has reached a point where it now seems unable to move on, locked into a cycle of self-abuse. While this may be the source of endless amusement for some, maybe even most, those less blinded by their own prejudices can’t have failed to notice on Saturday what the Scottish game has been missing over these last two seasons. What most certainly has not been missed are the most offensive ditties from this support’s historic song sheet and those Rangers fans who indulged in them on Saturday continue to harm their own club. They ought to be focusing on a better future rather than returning to the bad old days of F***** this and F***** that. But, for the most part, the atmosphere created by both sets of supporters was utterly compelling. In fact, there was a pulse about Ibrox the likes of which has not been felt for some time. Even though some wish fervently for this club to be officially declared dead, the more rational must surely realise that a strong Rangers is good for business. United’s fans revelled in the occasion and in the opportunity to slap a long-term adversary back down. The atmosphere generated by these old rivalries made the match even more engrossing. In fact, this 90 minutes offered a tantalising glimpse of how things might be again one day. If ever, that is, Rangers are fit for purpose as a football club. Their problems on the pitch are obvious enough. Much remedial work is required to make this team a serious contender again but none of its problems are insurmountable. No, the real issues threatening the recovery of Rangers remain off the field where this never-ending war for control still rages on. Last night Dave King launched his latest thermonuclear statement at the current board, once again calling into question the integrity and honesty of those in charge. The very idea that this regime might be covering up the depth of the club’s current financial plight should appal a support which has been misled so ruinously by the likes of Charles Green and Craig Whyte before him. I asked in this column two weeks ago: “Can he (chief executive Graham Wallace) explain why he stood up at the club’s agm on December 18 and insisted robustly that all was well when, with the benefit of hindsight, the whole world can now see that plainly it was not?” Now King appears to be asking the very same question of the board and its CEO. With the situation deteriorating rapidly – and the sideshow distraction of the football all but over – it is time for these Rangers fans to decide in whom they would rather place their trust. If they do back the board, they must be prepared to do so blindly given that they have only three weeks left to renew their season tickets and still have not seen Wallace’s 120-day business review. Which would seem extremely foolish. On the other hand, if they back King then they must be prepared, in theory at least, to starve the club of the very money it needs to survive. Which would appear extremely high risk. The adoption of such a militant stance will raise the spectre of Administration II and bring many of these supporters out in a cold sweat. But the truth is this money will only be kept away from the club if the current regime remains intransigent and unwilling to secure it against Ibrox and Murray Park. There seems no logical basis for the board NOT to bend on this one. In other words, if the worse case scenario unfolded and Rangers were forced back under, the collapse will not have been caused by rebellious supporters but by a board that may need to be broken down completely for this club to be properly rebuilt.
  18. This should be interesting, renewals before the 120 days. Rangers will launch their season ticket renewal campaign at Ibrox tomorrow. As reported in the Herald today, prices expected to rise by 18%.
  19. Rangers have secured a much-needed financial boost by agreeing a shirt sponsorship deal with internet gaming firm 32Red. The online casino company’s name will replace Blackthorn cider on the home and away shirts of the League One champions from the start of next season. A multi-year deal has been thrashed out that both parties will hope is seen in effect in the top flight of Scottish football. Ally McCoist’s men will be playing in the Championship next season, a platform sure to provide greater than usual exposure for sponsors with the presence of both Rangers and Hearts. The Gibraltar-based firm are already an established brand of backers of English club football. Barclays Premier League clubs Aston Villa and Swansea have previously worn 32Red’s logo on their jerseys and they are currently sponsors of League One Crawley Town and Newport County of League Two. The boost to the troubled Rangers revenue streams comes at the end of another turbulent week in which Dave King advised fans not to purchase club merchandise, as well as urging them to funnel season-ticket money into a trust fund, in his latest outspoken attack on the Ibrox board. The club also launched a campaign to encourage distrusting supporters to renew season tickets for the 2014-15 campaign ahead of a May 6 deadline. The success of that promotion drive is yet to be determined and the long-awaited 120-day business review of chief executive Graham Wallace remains under wraps. However, confirmation of the value of the deal that been clinched with 32Red should at least guarantee Rangers cherished income at the close of another season which has been full of financial turmoil. http://www.dailymail.co.uk/sport/football/article-2603545/Rangers-boost-coffers-signing-shirt-deal-online-casino-32Red.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490
  20. Simonsen - A catalog of errors from him today. Partially at fault for the second goal, gifted the 3rd goal like someone who was match fixing and was extremely lucky on other occasions where he made mistakes coming off his line. Criminal goalkeeping, so I highly doubt if he'll play for Rangers again. Foster - He's a trier, but we have a young French center back who's better at right back than this guy. Peralta would be better at right back than Fozzy too. Jig - Sniffing for a new contract? Hopes to play for us in Europe again? Eh? He's having a laugh. Never a defender in a million years and not good enough to keep playing for Rangers at the age of 36 (he's 36 in a few weeks). Mohsni - Nowhere near good enough and a total clown. Thankfully he only got a two year deal. Smith - Sell Wallace in the summer and keep Stevie Smith as first choice left back until we're back in the top flight and can afford better. Worth having on the team sheet for his free kick taking ability alone. We don't currently need someone of his quality just as a 2nd choice left back. Peralta - The lad's a grafter and actually not that bad a player despite the stick he gets, but a four year deal? Eh? If he has a good World Cup and we get offered money for him we should probably take it. Black - Good enough for next season, but I'd let him see out his contract next season and replace him with better quality for our top flight return. Law - Is it just me or is this guy over-hyped and over-rated? Good enough for next season, but he's going to need to be replaced by a quality playmaker for our return to the Premier League. We need to find a first class central midfield partner for MacLeod and Law isn't the answer. Aird - Another one who comes into the grafter category. He's got pace, but his passing and decision making at times is woeful plus his first touch is often a pass to the opposition. Good enough for next season, but good enough for a Rangers team challenging for a top flight title? I don't think so. Shiels - Way way too inconsistent a player for my liking and too injury prone as well. Odd moments of magic in amongst hundreds of hours of looking like a balloon disguised as a headless chicken. Daly - TAXI !!
  21. The Rangers board and I issued separate public statements following our meeting last month. I made one correction to the RangersÂ’ statement but the Rangers board saw no cause to correct my statement. The board recommitted to issue the business review within the original 120 day deadline and, importantly, committed that the fans will have access to this review prior to advancing funds by way of season ticket renewals. Despite strong reservations from fan groups I asked the fans to give the board time to honour this commitment. Part of my motivation was that any public company board is bound to act in good faith and that breach of such a share price sensitive commitment would be an ethical, moral, and probably criminal breach. I followed up on this commitment with the board after the recent announcement on season ticket renewals. The Chairman has advised me that the board will now only issue the review at the end of the season ticket renewal period and it will consequently not be timeously made available to fans. Disturbingly, the Chairman has advised me that the true intention of the board had always been to delay issuing the review until funds had been largely collected. I apologise to all fans for wasting time by lending credibility to the board’s false representations. I was wrong to give them the benefit of the doubt. At least we now can no longer have any uncertainty about governance at the club. It is common cause that the club is not a going concern without access to the season ticket loan from the fans. It is also common cause that the season ticket money will only provide partial relief in advance of a more permanent recapitalisation. I have hitherto urged restraint in dealing with the board, however due to this extreme act of bad faith I believe that it is vital that fans now withhold season ticket money from this board and similarly refuse to support the club by way of the purchase of replica kit or any other retail product. An announcement will shortly be made providing details of a bank account that season ticket money can be paid into as an interim measure. The specific terms and conditions of this account will be made available to fans, including the basis on which funds will be advanced to the club and the basis on which funds will be returned to fans. As a minimum, the board must provide the club property as security against the season ticket money. I recognise that fans will have anxiety about “betraying” the club and the risk of loss of a cherished seat at Ibrox. However, the time has come when the trade-off is a potential loss of a seat against the loss of the club. That would be the real betrayal. This board has lost its right to be dealt with on a good faith basis. Richard Gough has agreed to join me as a custodian of the bank account that will be established and fan groups can nominate additional members.
  22. 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-ticket money in return for a direct say in the running of the club. The patience of South Africa-based tycoon King finally snapped yesterday as he claimed Rangers chairman David Somers told him they had no intention of publishing the much-awaited 120-day business review until after the deadline for season-ticket renewals has passed. Rangers last night disputed King’s claims, branding them “disgraceful” on the eve of the Scottish Cup semi-final against Dundee United and are considering legal action. However, Gough is backing King’s version of events and insists the club are being disrespectful to fans who deserve to be given the board’s vision for the future after pumping tens of millions into their club in the last two seasons to help keep them afloat. Gough said: “It’s all quite astonishing. Dave has given the board every chance to come forward and publish the review at the end of the 120-day period and now they are not going to do that. I’m staggered by the board’s decision. I’m amazed the club have no intention of announcing details of the 120-day review until after the deadline for season-ticket renewals has passed. “It’s ridiculous. “It smacks of arrogance and they are cheating the supporters, the very people who have kept the club going these past few years. “Once again they are asking supporters to put forward their money without knowing how it will be spent.” Rangers fans were contacted this week by the club and told season tickets would soon be due for renewal, much earlier than usual. However, such has been the board’s haste to bring money in, fans have not yet been told the cost of season tickets, although price increases of at least 20 per cent from last year have been predicted. Gough, like King, has told them not to go ahead with the renewal process and to pledge the money to a trust fund instead, with the vow of transparency for how it is spent and the demand over the security of prized assets Ibrox and Murray Park in return. Gough added: “Let’s not give this board the money only to be disappointed again. “I’m firmly asking supporters to put their money into escrow and I promise we will look after it and use it for the best purposes of the club to get it back on an even keel. “I’m happy to be involved. I’d urge fans to put their money into this account and we’ll look after it. It will go to all the right places, nowhere else – which seems to have been happening these last few years. “I’m proud and honoured to be given such a trusted position and I’ll do everything within my power to help Rangers return to where we belong.” Rangers supporters have lacked a senior figurehead from among the ranks of former players and managers to fight their cause. Now Gough has stuck his head above the parapet and it’s believed other influential figures, trusted by the rank and file Rangers fan, are ready to join him against the unpopular board. Gough said: “Any Rangers fans I’ve spoken to recently has urged me to get involved, to stand up and play a part, to make a statement. It’s a no-brainer for me. I’ll help the club any way I can. I’m delighted to be involved with Dave. The bottom line is I trust Dave King with my life. I have known him a long, long time, from my days in South Africa. “He is a family friend and I’m proud and honoured to stand with him. Dave has already put £20 million into Rangers and has offered to invest another £30m. “It’s amazing the board have not already bitten his hand off and asked him to play a role at the club.” The cards have now been dealt on a game of high-stakes poker that could see an unpopular regime toppled, the club enter administration for a second time or the board secure finance from other sources to continue into the new season. The latter option is the most controversial as it’s unlikely they could source anything other than high-interest loans, similar to the one struck with investors Laxey Partners before wealthy Rangers supporter George Letham stepped forward and offered better rates. Of course, the loans are more than likely to be secured against Ibrox and Murray Park, which is a scenario Rangers fans dread. The board could also go back to the market for fresh finance but that would require a new share issue, dilution of existing shareholders and there’s unlikely to be a stampede by investors if a war is raging between the club and its support. Newcastle United owner Mike Ashley also owns around five per cent of Rangers and he is flush with cash – he was hardly on the breadline before – after selling seven per cent of Sports Direct this week for £200m. He could step forward and take a more prominent position at Ibrox and although it has been discussed at the highest levels of Rangers for the last 12 months, he is notoriously hard to read and has not suggested he is ready to move. Asked about the future of the club, Gough added: “I don’t want to commit to talking about the future quite yet and what may happen in the coming weeks and months. Let’s see how the next couple of days pan out first.” He also defended the timing of the statement, on the eve of the crucial Scottish Cup semi-final against Dundee United, as did King. King said: “The timing was not of my choice. Rangers jumped the gun with their season-ticket announcement.” Gough added: “No matter what happens in the game against Dundee United, the club’s future is more important than one match.” Rangers fan organisations are keeping their powder dry for now but their support for King remains unwavering. Chris Graham, spokesman for Union of Fans, which represents all the major supporters’ groups, said: “We’re pleased with the statement and will make a full comment on Monday. What Dave Kings says speaks for itself.” http://www.dailyrecord.co.uk/sport/football/rangers-legend-richard-gough-joins-3402766
  23. Friday, 11 April 2014 18:55 Club Statement Written by Rangers Football Club "The Board of Rangers Football Club notes with astonishment the statement issued this afternoon by Dave King. In his statement Mr King makes a number of untrue allegations against the Chairman and the Board of Rangers Football Club alleging bad faith and false representation. The Chairman and the Board refute all such allegations in the strongest terms and have referred Mr King’s statement to the Club’s legal advisors. Mr King clearly has elected to ignore the Board’s previous public statement following the Board’s meeting with him. In this statement, which was reviewed with him prior to issue, the Board stated that it will issue the results of the business review prior to the season ticket renewal window ending. This position remains unchanged and Mr King is well aware of this having sought personal confirmation on this matter from the Chairman as recently as yesterday. The business review period has not yet even ended, as Mr King is well aware, however he has elected to make yet another public statement to serve his own purposes. When the Board met Mr King a few weeks ago, he made it clear that he did not want to put another penny into the Club and would prefer to see the Club using other investors' money. The Board was therefore surprised, but gave him the benefit of the doubt when, a few days later, Mr King made media comments about a willingness to invest his money into the Club. This is an easy statement to make to the media but is contrary to what he told the whole Board. It is extremely disappointing that Mr King should consider it appropriate to issue this latest statement, clearly designed to unsettle and mislead Rangers fans, on the eve of an important Scottish Cup semi-final match. For someone who claims to have the interests of Rangers at heart and as an ex-director, King's untrue comments are nothing short of disgraceful." http://www.rangers.co.uk/news/headlines/item/6741-club-statement
  24. RANGERS fans could bring forward plans to set up a season ticket trust fund after prices for the 2014/15 campaign were revealed yesterday. The Light Blues have sent out letters to more than 30,000 supporters to renew their season books for next year as Ally McCoist's side look to make it three-in-a-row and clinch their return to the SPFL Premiership. But doubt remains over how many fans will give their cash to the club this time around after months of wrangling between the boardroom and the terraces. The Rangers Union of Fans have backed a plan by former Gers director Dave King that would see money placed in a trust and only given to the club when assurances have been given by the under-fire board, with a proposal to ring-fence Ibrox and Murray Park knocked back earlier this month. Chief executive Graham Wallace has yet to reveal the details of his 120-day review and Union of Fans spokesman Chris Graham told SportTimes: "We stated that we would give the board time to put the review out, in line with what Dave King said. "We will now have to discuss how we move forward based on the fact that the board have put the renewals out ahead of the review and whether we have to take action ahead of that review. "We have been working on the Season Ticket Trust in the background but took the position that we would give the board the chance to put forward their plans. "The renewals coming out before the review means we will need to decide over the next couple of days how we proceed and whether we need to bring that forward. "The idea of securing Ibrox and Murray Park is something we are very focused on and feel it is an important thing to do. "This move by the board doesn't give people confidence in terms of the financial position and we would like to secure the club's two most important assets. It is still something we want to do. "But it is hard to make any informed decisions until we see the review, which is why the renewals coming out at this time seems very odd." After selling around 72,000 season tickets for the Third Division and League One campaigns, Rangers have made an early push for punters' cash as fans continue to worry about the financial picture at Ibrox. Some supporters will see the cost of their briefs rise by 25%, but Graham admits it is the timing that will concern the Light Blue legions. He said: "With the renewal date being May 6, assuming the review is out next week, it doesn't give people much time to digest it and make a decision. It all appears to be very rushed and that obviously leads to speculation as to why the board are trying to get the money in so early. "I don't think there is a great surprise there is a price increase or that it is that much of an issue. Prices were always going to have to go back up prior to getting back into the top league so there wasn't a huge jump from one season to the next. "The way it has been rushed out and the renewal deadline coming so soon is disappointing." http://www.eveningtimes.co.uk/rangers/rangers-fans-ponder-next-move-on-season-ticket-trust-fund-159091n.23923386
  25. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11905464 Full results and report here: http://rangers.g3dhosting.com/regulatory_news_article/375
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.