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  1. Gers team: Kelly, Halkett, Gibson, Gasparotto, Sinnamon, Telfer, McKay, Murdoch, Gallagher, Dykes, Walsh Subs: McCrorie, Mills, Pascazio, Ramsay, Stoney. Twitter: @RFC_Youth 1-0 Gers. Telfer.
  2. http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?fourWayKey=GB00B90T9Z75GBGBXASQ1 Time/Date Price Volume Trade Value Type 12:59:00 20-Nov-2013 41.00 3,328,672 1,364,755.52 Ordinary trade Interesting...!
  3. http://www.bbc.co.uk/sport/0/football/25023927 Fair enough if it's a football debt it should be paid but this is over a year after the event. Get it sorted once and for all!
  4. RANGERS’ new chief exec is a former bigwig at English Premier League giants Manchester City, The Scottish Sun can reveal. Graham Wallace was chief operating officer at the 2012 champions until March. City sources said the 52-year-old Scot, will be unveiled by Gers next week after shaking hands on the deal with chairman David Somers last Wednesday. A source said: “There was a huge response to the advert for a chief executive but Wallace’s credentials blew away all the competition.” Chartered accountant Wallace, from Dumfries, saw off rivals including Dundee chief exec Scot Gardiner, who was also interviewed. He held top finance posts at a string of entertainment giants including MTV Networks Europe, Viacom, Nickelodeon, and IMG Media. Wallace, who lives in Buckinghamshire, was chief financial officer at Man City from 2009 to November 2010, then chief operating officer. He stepped down after the arrival of new chief executive Ferran Soriano, and has been doing consultancy work in the City of London since. The City source said: “He was waiting for the next top job and this is it. His skills and experience will help build Rangers’ global reach.” Wallace’s appointment is part of the current Ibrox regime’s attempt to shore up the board before a shareholders vote on who runs the club at Rangers’ AGM next month. Investment banker Norman Crighton, 47, was announced as a director yesterday.
  5. http://www.rangers.co.uk/news/headlines/item/5579-club-statement Now that's a statement we can all agree with. Let's hope club means what they say rather than offering a sop to concerned fans.
  6. Another day, another club statement: http://rangers.co.uk/news/headlines/item/5577-todays-daily-record
  7. Scotland's claim to be fighting the cancer of sectarianism and hatred took a severe dent at the weekend. Perhaps sadly, the decision not to hold a one minute silence prior to the Ross County vs Celtic match, came as no surprise to many of us. Its embarrassing, unedifying and sickening to hear a one minute silence being disrupted and dishonoured. But there is something worse, far worse in fact - not holding such a ceremony at all. Because in failing to do so we have acquiesced to the morons, the bigots - we have handed them victory on a plate. Let the moronic and shameful actions of bigots within the Celtic support shame all the devils in hell - rather that than our country is forced to fail to remember the fallen whose sacrifice ensured our freedom from evil and tyranny. This morning I wrote to Ross County asking for an explanation into such an omission on Saturday and in particular who made the decision to dispense with the one minute silence - was it from someone in the club or from outside the club? The Ross County support have previously made their club aware of the importance of Remembrance Day and its significance within their support. http://www.north-sta...oldiers-667.htm Furthermore this is an issue which must ascend Old Firm rivalry and the often tit for tat churlish and pedantic tribalism. It is time for the Scottish press and media to stop avoiding the issue and to speak out - ignoring it will not make it go away. It is untenable and unacceptable that men who laid down their lives in order to defeat that which is unacceptable cannot themselves be remembered and honoured due to the actions and behaviour of some in our society which is in itself – wholly unacceptable.
  8. League One business makes a quick fire return to Ibrox on Saturday. After a hard fought win over Dunfermline in midweek, can The Rangers make it twelve league wins on the bounce on Saturday (15 in all competitions) against Gary Bollan's beleaguered Airdrieonians at Ibrox? Let’s look at how we might shape up. Eleven League games. Eleven Wins. Eleven Jon Daly goals. Two of those coming in the Scottish Cup fixture against Airdrie at Ibrox on Friday 1st November as Rangers swept Airdrie aside after a fairly poor first half. The big Dubliner is in lethal form and who would bet against him extending his tally on Saturday? Daly is a certainty to start. Beside him young Nicky Clarke would be my choice as a second striker, his movement and work rate on Friday was very encouraging and Daly looks to be a good foil for him. Andy Little won’t feature for a lengthy period after being hospitalised with a fractured cheek bone on Wednesday. Unlucky on the boy, let’s hope he makes a speedy recovery. In the midfield it's not such a clear picture. Kyle Hutton had a decent return to the first team after Ian Black missed the match due to a suspension picked up in last year’s cup exit to Dundee United, and he may have done enough to keep his berth. Nicky Law and Lewis Macleod will keep their places unless McCoist decides to rest one or other after a bruising encounter against The Pars but I’d be surprised if he would feel the need to do this at a time when both are playing well and giving opponents a torrid time. Peralta looks off the pace and may be rotated for David Templeton after his goal and decent form from the bench. At the back Scotland’s best full back and arguably the finest footballer at the club Lee Wallace will be on a high after receiving the call from Gordon Strachan for the up-coming International fixtures against the USA and Norway and is sure to start. Goal scoring colossus and cult figure in the making Bilel Mohsni should retain his place in central defence beside skipper Lee McCulloch and Foster seems to be a first pick despite recent poor displays. His ball retention and distribution is abysmal and is surely the weak link of this side so far this season. Sebastian Faure would be my choice at right back but McCoist is not one for tinkering with a winning side. Confidence must be sky high at the moment and if we can start games in a more positive manner, I see no reason why we can’t maintain the 100% record until Xmas. It would be a fantastic achievement regardless of the standard of league we find ourselves in. I’m going for a convincing 4-0 win, Jon Daly to get at least two of those. (Possible line up) :rf: :jig: :kh: :ib: :lm: :jd:
  9. RANGERS Football Club has today been notified by the SPFL that Tuesday’s away Under-20 League fixture against Celtic will not take place. The match has been scheduled to be played next week since early August when the fixture list was first published. Strenuous efforts were made by Rangers, including offering to reverse the fixture to Ibrox, to ensure that happened and dialogue between the club and the SPFL has been ongoing over the last week. This morning we were informed the game has been postponed with no reason given as to why Celtic failed to put proper arrangements in place to host their home match. Rangers will take this matter up with the SPFL to ask for an explanation of why the game will not take place. http://www.rangers.co.uk/news/headlines/item/5541-u20-derby-statement
  10. There's been a lot of water under the Forth bridge since Rangers last played Dunfermline. Not only were the Pars the last team we played before we entered administration in February 2012; the Fife outfit have also suffered an insolvency event of their own, although - unlike us - they had the opportunity on the pitch to avoid dropping down two leagues since that game at East End Park 21 months ago. It's amazing that less than two years later our paths are crossing again under markedly different circumstances. It certainly seems that although our fiscal troubles were eerily similar (though on different scales) the football authorities and fellow clubs were happy to accommodate Dunfermline a bit more charitably than they did us. C'est la vie and there's no doubt their support have gone the extra mile in their efforts to avoid similar future issues. While Rangers fans argue daily with their own shadow, Dunfermline supporters' group Pars United agreed a Company Voluntary Arrangement (CVA) with creditors in July and the final details were completed last month. Pars United has also acquired East End Park, which was in administration under a separate company, as part of a community ownership structure. In effect the fans now own their club. Sure, that doesn't necessarily mean a safe (or successful) future for Dunfermline but I'd be lying if I didn't say I wasn't at least a little bit envious of what they've achieved so far - in little over six months as well! Of course, as touched on above, scale is as much a reason for our differing paths as anything else. East End Park may be small and dated in comparison to Ibrox Stadium but its overheads will be rather less. The same can be said for the leasing of the Pars' Pitreavie training ground compared to the costs of running Auchenhowie. Meanwhile a cursory examination of both club's squads and wage bills shows why Rangers are already 11 points (and 33 goals) ahead of their considered closest rivals for the SPFL League One title. The two clubs may have suffered from similar fates in recent times but, as much as Dunfermline have an equally proud heritage, the differences off the park should ensure a difference on it - tomorrow night at least. The main reason for this will be the players Ally McCoist has at his disposal. Not only has the Rangers manager been able to retain internationalists such as Lee Wallace and Lee McCulloch (who both played in the last Pars match); he's been able to supplement his huge squad with Scottish Premiership quality players like Cammy Bell, Nicky Law and Jon Daly with the latter two in particular being the main reason for Rangers' unbeaten league campaign so far. Unfortunately for Dunfermline, despite more international matches on the horizon, it appears McCoist will be able to rely on pretty much the same starting XI again which has changed only minimally over the last couple of months. Any late injuries aside, only the one change is expected tomorrow evening with Ian Black returning from a Scottish Cup suspension to replace Kyle Hutton in midfield. The Rangers manager may wish to rotate one or two others into the team but that's unlikely on the whole. This should mean a very familiar team along the lines of below: Possible team (4-4-2): :rf: :jig: :ap: :ib: :lm: :jd: All in all, Rangers should win tomorrow night and, no matter the result, there's little doubt that we are overwhelming favourites to win the League One title as well. However, as the Pars fans look forward to a new future of their own making, can the same alleged certainty be applied to the challenges we face off the park? In that sense, Dunfermline may have already sneaked a win over their supposed Rangers supporting peers.
  11. Forfar Athletic ‏@ForfarAthletic 18m Rangers v Forfar Athletic - 16.11.13 - Match Postponed Forfar Athletic are disappointed to announce that our... http://fb.me/14XKWq0cr Forfar Athletic are disappointed to announce that our visit to Ibrox to face Rangers on Saturday November 16th has been postponed. We had been advised yesterday that it was likely to go ahead and Rangers had forwarded tickets to us for sale. However following further international calls today for Rangers players the SPFL have advised us that the game will now be postponed and re-arranged for in all probability a midweek slot in December. Tuesday or Wednesday December 3rd/4th the most likely dates. It has to be emphasised that Forfar Athletic have no complaint with the Ibrox club on this issue, as they have attempted as best they could to feed us up to the minute information as it came to hand. Similarly Forfar Athletic have attempted to keep supporters fully informed over the past week as the scenario developed. ‘Loons’ officials realise that this news will come as a disappointment to supporters, some of whom were looking to make a weekend trip to Glasgow taking in the Friday night Scotland fixture as a bonus.
  12. https://www.facebook.com/SonsOfStruth
  13. http://www.lse.co.uk/ShareTrades.asp?shareprice=RFC&share=rangers_int There has been selling going on now for over a week, all seem to be relatively small amounts, from 5 to a few hundred. Just wondering why so many small amounts would be getting sold, anyone any ideas. I would have thought most with these amounts would be Supporters.
  14. Green was in talks re Rangers future during this past week according to Keith in the radio earlier. So they are saying.
  15. ALLY McCOIST has no issue with the SFA hosting the Scottish Cup final at Parkhead – but admits he’s ‘baffled’ by the choice of Easter Road as the Ramsdens Cup final venue. It was announced yesterday the last game in the country’s main knockout competition will be staged at Celtic’s home ground next may, with the semi-finals taking place at Ibrox. And while he feels it might have been worth waiting a little longer before making that call, the Rangers manager is content enough with that decision. He’s less settled with where the Challenge Cup decider will take place given demand for tickets is likely to significant exceed the capability to accommodate. Hibs’ stadium in Leith holds just over 20,000 fans and it could be argued the ground is a size which is reflective of the competition it will host the last tie for. Past figures suggest Gers would easily fill the stands in Leith themselves and McCoist doesn’t see why somewhere bigger couldn’t have been selected. He said: “If the Scottish Cup final can get held at Celtic Park, I’d have thought the Ramsdens Cup final could have been held at Celtic Park too. “That baffles me, to be honest. If I’m the managing director of the sponsors, I’d want it at the biggest venue. “It would have been an opportunity for coverage and revenue. That would have been more sensible to me. “They’ve decided to take the game to Edinburgh and in doing that, I would have given it to the club (Hearts) that needs the money. “I’d have given the final to a team that’s in administration and tried to help them out that way but for whatever reason the game’s at Easter Road. “We are fine about that and I don’t have a problem with it at all. For the reasons I’ve given, it’s maybe a strange decision but we’re not going to moan about it. “We’re delighted to be in a cup final and we’ll go to Edinburgh but I can understand why our fans aren’t happy about it. “I’m on their side. I want as many Rangers supporters wanting us in that cup final as humanly possible. “We’ve got 36,000 season ticket holders and I don’t think there’s any doubt we could fill wherever with our supporters.” McCoist admits he wasn’t consulted on the Ramsdens match venue, which will host that game on April 6, when it is fair to think he might have been. He’s more at ease with the Scottish Cup climax happening at Parkhead, even if he thinks it would have been worth seeing how far the Old Firm went in the tournament first. McCoist added: “There are arguments for and against it. A similar argument would be that if we were lucky enough to get to the semi-finals, we’d have a home tie. “I can understand if people aren’t happy with it and I’d certainly be happier with it if I was Neil Lennon and Peter (Lawwell). “One thing I would say is at least we know where we are. A marker has been put down and the rules have been made so we can get on with it. “Possibly it would have been better to wait and for me that would probably have been more sensible. “If ourselves or Celtic weren’t in the competition, a decision could have been made in terms of taking a home advantage away. At the same time, we are where we are.” Copyright 2013. Permission to use quotations from this article online is only granted subject to appropriate source credit and hyperlink to http://www.rangers.co.uk http://www.rangers.co.uk/news/headlines/item/5431-a-baffling-decision
  16. craig

    Jon Daly

    Trying to get back to some football topics.... Must say that when we signed Daly I wasnt overly enthused by his signing as I thought he would be "just another target man". When home in July the Rangers coaches we were dealing with told me that McCoist couldnt stop raving about Daly and said he hasd been exceptional even though they had only had a couple of pre-season games. Seems that I may have to start eating humble pie. He is far more mobile than I thought he was, no slouch on the ground, brings others into the game well and, after his first few games where you could tell he was desperate to score, has found his rhythm and looks like he could score in every game. Whether he will still be able to do it when back in the SPFL (or whatever they are calling it today) is another story, but the big fella is still, IMHO, proving his worth this season - and it often takes players longer than he has to settle at a new club - he looks like he has been with us for years. Keep up the good work big fella !
  17. Here are the answers from Paul Murray on his Sons Of Struth Q&A session Do you foresee Frank Blin joining the rangers board should you gain power? I have huge respect for Frank Blin. For various reasons he decided to withdraw from the process. I would like to think that if we achieve a stable, competent Board then we can have a further conversation with him about a role. Who are the individuals hiding behind the corporate unknowns that are BPH and Margarita? I don't know who the beneficial shareholders behind Blue Pitch and Margarita are. If the Board wish to rebuild trust with the supporters then they should disclose this information asap. If they will not then you have to ask why? What do they have to hide? What guarantees can he give the support that we will have sustainable spending & what level of income does he foresee should the requisitioners be voted in ? First of all we have to maximise all revenue streams open to the Club. This will be the job of an experienced and capable CEO supported by the Board. We then have to balance our costs. We all want to be the most successful Club in Scotland but we must do it on a sustainable basis. It is not rocket science. During my 4 years on the Board previously we reduced the debt from £35m to £16m whilst winning 3 successive SPL championships. We did that by running the Club on a break-even basis based on domestic revenues with any European income being used as an "investment fund" to pay down debt or invest. There is no reason why that cannot be done again but we need a top class executive management team to achieve that. What has happened to Allistair Johnston will he be back on board. Again I have huge respect for AJ. I speak with him quite often but there are no plans to bring him back on to the Board. Most fans will agree the current squad is far too big and the wage budget is excessive, how does he plan to address this? It is a balance. We have to run a tight ship but we also have to invest so that we are ready for the SPL as and when we get there. I think we also have to be smarter where we spend our money eg we have allowed our scouting network to disintegrate. One of our plans is to invest to restore an effective scouting network How many new directors and what are their business background We have proposed 4 new non-executive directors. I have financial and investment skills. Malcolm Murray has extensive City connections. Scott Murdoch has property skills and Alex Wilson can help us rebuild the organisation structure of the Club which has been allowed to wither. More importantly we will look to appoint a top class CEO and CFO and we have candidates identified and ready to go. Do you think the banner protests are a good way to keep pressure on the board and should we keep them up until the AGM I think protests are fine as long as they are peaceful. We live in a democracy and it is entirely appropriate for people to express their views. Will he make sure Stockbridge and his cohorts have no links whatsoever to rangers using other rangers linked companies i.e GARRION security and rangers retail,rangers media etc as Stockbridge is still a shareholder in these companies right now and benefits personally We will have a policy that no Board members have financial interests in any Club contracts or other conflicts of interests. Does he plan to introduce a self imposed wage cap in line with turnover ratio? Almost all fans will agree the current wage bill is far too high, how does he intend address this See my previous answer on revenues and costs. I don't think a blanket cap is necessarily the right approach but clearly you have to balance the books. Will Paul Murray and co stop paying out bonuses to board members regards results on the park All Board members should have their remuneration bench-marked. In line with every other business I have ever been involved with any bonuses should only be paid for performance against sensible measures. Michael Grover Mr Murray you don't know me but you know of me.I sit in my seat in Copland Rear every home game where as a boy and through my youth stood supporting my team. I have responded to every "Clarion Call"to assist my club and have done to the best of my ability. As you probably realise I am not a young man and Rangers has been a big part of my life. The last 18 months has been a roller coaster event for our club and I don't want it repeated. I along with others have taken the decision to assist in handing out leaflets and protesting within our Stadium as part of the action group known as the Sons of Struth. What can you say and do now to reassure me that the future of Rangers is safe and I will not, after the AGM be back to taking peaceful direct action against you and the Board? Michael Grover: Michael, the issue in question here is re-establishing trust between the Board and the fans. The one thing that you can trust 100% with all of our group is that we will ALWAYS act in the best interests of the Club. The Club's interests must always come first. That has not been the case in the last couple of years and that has been a fundamental issue. Can we find out why the IPO cost so much and why?and who benefited from this vast overpayment also why was £5.7M written off using the IPO as an excuse? There has basically been a lack of transparency across the board with the level of IPO costs just one example. We will undertake to examine all "excessive" payments and see whether there can be any recovery for the Club. Do you envisage a second share issue diluting the current holdings? The Club will need to raise more capital so there will need to be at least one further share issue. To maximise the proceeds it is critical that there is a credible Board with a credible business plan in place. On that basis iam sure that there will be an appetite from existing and new investors. Will he ask for criminal charges to be brought if any wrongdoing with regards to money passing between green white and duff&phelps is seen to have occurred. I think the best and most effective agencies to examine this are the Police and BDO, the liquidators of the old company. Will he protect the good name of the club whenever it is being sullied? I think we have to defend the Club but also take a positive role in leading Scottish football. We are a massive and critical part of the game in Scotland and we have to play our part in helping shape it. Alan Flockhart Can u pass on the gratitude of the decent fans to Paul and the others in his group, hopefully one day his efforts are rewarded and we have a clean club again. One question I would like to ask, his thoughts on long term fan ownership? Thanks SOS I have said publicly that there should be proper representation for supporters. We would plan to canvass the fans to understand what they want and what is workable. As regards ownership I think an effective model would be to have say a small number of high net worth individuals owning say 30%, the fans owing 10-15% with the balance held by financial institutions. We also plan to introduce a Rangers Constitution that all directors would have to sign. This will set out our core values. As part of that exercise we intend to canvass the shareholders about putting Ibrox into a "trust" structure so that it is legally protected from any future sale. The club have been using Jack Irvine and Media House for “PR” for a long time. Would a new board carry on employing them? I think Jack Irvine should consider his position after we come to the end of this process. Will Paul and the group he represents ensure complete openness & traceability in their investors etc Transparency is key and has been sadly missing in the last couple of years. We will always ensure that we are open and transparent and that is why we are seeking full disclosure on who is behind Blue Pitch and Margarita. What kind of wages will the directors receive will everything be transparent the way yourself has asked for See my previous answer to this. Our group have no desire to make money from RFC. We are all custodians of the Club with the aim being to enhance it for the next generation. Will his group look at the amount of consultants still employed at the club earning vast sums and billing the club over inflated costs!. It will be the CEO's job to review all third party contracts and relationships and ensure that the Club is getting the best "value for money". As I said before we would have a policy that no directors have interests in any of the Club's contracts. Does he plan on working with king ? And also what's his views on the easdales involvement and would he consider working with them ? Iam supportive of Dave King, who I served on a Board with for 4 years. As regards the Easedales I think that they should disclose who they represent. That would go a long way to building trust with the fans on their intentions. Would you be willing to address the issues facing our disabled supporters and in particular wheelchair users and look into the amount of able bodied carers on the committee of the rangers disabled supporters club as it seem an uneven balance against disabled on the board, I would obviously be more than happy to address the rights and issues surrounding our disabled supporters. Taken from FF
  18. Parkhead is out apparently because the cost of hiring the pig sty and policing costs could make it too expensive. Easter Road only holds about 20,000, Tynecastle even less. Ibrox Stadium was mentioned a few times by the commentator at last nights game as if he was 'certain' of it. Who pays the hiring fee, is it the SPFL? Is Ibrox cheaper to hire than the piggery?
  19. It's pretty safe to say we have won our second title on the way back up, and yes the road has been smoother this year compared to last. Yet I personally feel uninspired by how it is being accomplished, and I'm interested in what the consensus is. When we agreed as a support that we would rather start at the bottom than be handed some 'charity' i.e. a halfway house (did you notice the clamour of the press to praise the Rangers support for that? No I didn't either) I think we all saw an opportunity to create a football philosophy, a new ethos, away from the pressures of playing in the same league as them. OK, after a while last season, it was clear that it wasn't going to be that easy. So get the first season over and then start to see something new. No? Am I just in the wrong mood but are there any signs that we are going to accomplish any of this by the time we get back to the top? Already Ally is talking about "needing millions to do better than top six"!!! I watched our route one football to beat East Fife. I watched Nicky Law excited at the start of the season talk about how we were going to play a very high line due to our superior fitness and always be on the front foot. Nicky started on fire, scoring great goals, and then what? Ally tells him to lie a bit deeper and the rest is there to see.... If it is better than my mood is telling me then I'm open to criticism - no problem. Can anyone say hand on heart though that these won't be wasted years?
  20. Apologies for the non-RFC thread but I hope you can take the time to read the information below and spend a minute or two casting your vote for the charity which a friend of mine created.
  21. Taken from FF Sectarian Songs that are now being targetted by the Focus group include Include - Carsons Army (We're the volunteers of the UVF) Build My Gallows (Altogether for the YCV - Described as being not the YCV of the 1916 WW but the right wing youth element of the UVF?!) Fathers Advice (**** Bobby Sands he's Deid is now being classed as sectarian) No Pope of Rome (no nuns and no priests **** yer rosery beads) Focus are filming the crowd and if you are identified and witnessed singing these songs you will be arrested for this Im not wishing to dicuss the rights and wrongs of this, to me the whole world has gone PC mad, Ive spoken to admin about how I got the information and thought it was only right I try and warn fellow Supporters. ----------------------------
  22. Q&A Summary of Meeting With Jim McColl Official Statement - POSTED ON OCTOBER 25, 2013 Meeting – Attendees – Jim McColl, Malcolm Murray & Paul Murray plus representatives from Rangers Supporters Trust, Rangers Supporters Association, Rangers Supporters Assembly and NARSA – Clyde Blowers – East Kilbride 4.00 24/10/2013 Paul Murray gave a brief introduction on why the group represented had come together and Jim McColl listed a number of serious concerns they all shared about a lack of corporate governance and financial transparency. The purpose of the meeting however was to afford the representatives of the fans groups the opportunity to get answers to specific questions. Questions had been collated under 3 Core Themes Immediate Issues Future Plans, Investment and Operations Fan Ownership Immediate Issues The perception that amongst the fans groups represented is that there is perhaps 50% general support for the group and 50% who at this time are not : The hosts were asked to tell us a bit about their team and why fans should support each? Paul Murray and Malcolm Murray briefly explained their backgrounds much of which was seen as commonly known. The other 2 people nominated for Board positions were spoken about: Alex Wilson Has a wide ranging skill set in Human Resource Management and Industrial Relations A history of working with very senior people at a number of Blue Chip organisations Extensive experience in managing operational changes at large organisations Alex has multiple season tickets for Ibrox and has been a long term fan Would be invaluable in building a new organisation and structure at Rangers Scott Murdoch Has a major interest in property management One of the largest portfolios in UK Major involvement in the London market Also operates in New York & Hong Kong Has been London based for 25/30 years Scott has been a lifelong Rangers fan He has extensive commercial contacts in a number of global brand companies At this time the hosts were asked to comment on the question of securing Ibrox Stadium and Auchenhowie and if they would consider an asset lock on them? They confirmed they would take steps to do that – this would entail consultation with the shareholder base. They spoke about Rangers Directors being bound by a constitution established to do just that and to also constrain future Boards from for example borrowing beyond agreed levels. The Financial Position – there were lots of questions on this: Have you a current view or a plan to do a detailed health check? How serious a threat do you consider there is of Admin 2? Do you envisage a short-term need for refinancing and how will you deal with it? Are you for or against resolutions 9 & 10 and why? Would you deal again with Ticketus? The hosts have detailed views on financial issues but their main concern is to create a structure at The Club led by a quality CEO. They have identified and had discussions with a suitable candidate who they believe would work with them. They have also targeted a highly credible Head of Finance. Making such high profile appointments will they believe gain further support from the major financial institutions invested in Rangers. They are satisfied that this will help in securing further investment if and when required. The business will have a very credible executive management who will not only look over the recent past forensically but implement robust business and financial plans. The football operation will be able to focus on developing the team and on the field performance. It was the group’s view that there is no real likelihood of a further administration nor did they see any issue over short term financing. Resolutions 9 & 10 are not hugely unusual but at this time they agreed with the questioners that this was not appropriate for Rangers. Ticketus are not part of any future plans. AGM – It was stated that Rangers fans generally feel they have a lack of information from all sides and again a number of specifics were posed: Have you had recent dialogue with any of the other main parties and do you envisage any of them being involved in the future? Daniel Stewart – yes in trying to speed up the AGM process and they are still trying to progress this. Paul Murray stated that AGM could be held somewhere other than Ibrox and has someone willing to pay for an alternate venue. The current Executive Directors of Rangers – not recently Dave King – yes and meetings are planned over the next few days. Nothing specific has yet been agreed with him. Martin Bain – Paul Murray has a business relationship with Martin but the group have no intention of inviting his involvement with Rangers Mike Ashley – not recently What do you think about the possibility of shares being suspended? Jim McColl suggested that such an action if taken by AIM would only be to protect shareholders What are your views on the date of the AGM? Disappointed that since the Court of Session ruling it seems that the current Directors are trying to delay it – they would like it to be held as soon as proper governance would allow. Future Plans, Investment & Operations Plans Members of the Rangers support many of whom are shareholders are rightly concerned to be comfortable with plans going forward and a series of questions were raised in this respect: Have you considered how to deal with and can you share your thinking on matters like Scouting Maintenance Operational budgets Media & PR Will you examine contracts entered into on such as Security, retail and catering – will you share your findings? Yes on both counts but that will be part of the detailed implementation of agreed business plans. The Club has suffered of late from the lack of proper plans and not having a scouting network for example. It may not be appropriate to report every change implemented by the executive management of The Club. One of the key responsibilities of a CEO will be to examine and renegotiate any contracts that are not to his satisfaction in serving the best interests of The Club. Have you identified and can you share info on potential future investors? There are a number of prospective investors. The Institutions have indicated future support if a suitable structure is put in place. A number of individuals are considered prospective investors under the same pre-requisite. How do you propose to get The Club back to the pinnacle of Scottish Football and playing competitively in Europe – do you have a timescale? What differentiates you and your 5-year vision from the current Directors? Establishing a strong management structure that gains respect and support from the market will be the first critical step. Fan Ownership There were a lot of questions on this topic a lot of questions on this: Have you already considered this issue in detail? Will you publically back a fan ownership scheme – a 50+1 deal? What timescale would that be likely to take? Will you work with supporters to develop this concept? Will you also show a care of duty to supporters like Borrusia D? How quickly if/after you are elected will you devote serious reported efforts to this end? The intention is firmly to work towards proper fan involvement. All three of the hosts confirmed their support for this. The nitty gritty detail needs to be addressed but a future shareholder structure where Financial Institutions, High Net Worth Individuals and Individual Fans and Fans Organisations all had significant holdings would be welcomed. The group would canvass the support for input before anything was implemented. There is a very positive view of Rangers in the City and the relative value gap between for example Manchester United and Rangers was perceived to be considerably less than the current relative values of the businesses. Likely changes to football in Europe and North America over the next few years are likely to benefit a big club such as Rangers. The way German football was completely restructured over 10 years demonstrates that massive change takes time. Nobody wants or supports extensive borrowing by The Club – that model has clearly and consistently been proved to be a seriously flawed one. The group stated that they want to build trust between the Board and all of the stakeholders in The Club and they believe the best way to do that is by appointing quality people. They stated that doing that (and reiterated that they believe they have identified such individuals) ensures financial support will follow. Close Jim McColl, Paul Murray & Malcolm Murray stated that they have dealt with all sorts of blockages but that they have and will stick with their plans to introduce changes. They welcome future dialogue and involvement with Fans. They want to re-establish Rangers as the most successful Club in Scotland but to do it on a sustainable basis. They want the AGM to proceed as soon as possible. It was agreed that minutes of the meeting would be produced as quickly as possible – approved by the attendees and circulated amongst the Rangers support.
  23. I would just like to see why rangers fans think so highly of Jim McColl. Is it just because of his money?
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