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Retweeted by Frankie Andy Newport ‏@Andythemod9 5m Brief interview with Dave King to hit @PressAssocSport wires soon https://twitter.com/GersnetOnline

Lifted from FF: The Registers of Scotland received the Standard Security over Edmiston House involving Rangers to Alexander Easdale on Friday. They certainly didn't waste their time getting that in. I would imagine the other one over the car park involving Laxey will be put through this week.

Celtic chief executive Peter Lawwell feels the lack of competition in Scotland's top flight needs addressed. The reigning champions are 21 points clear at the top of the Premiership and are close to a third straight title. Lawwell was speaking as the club honoured the 20th anniversary of Fergus McCann's takeover. "The perceived lack of competition in Scottish football in the league is an issue that we need to find a solution to," Lawwell told BBC Radio Scotland. "There are different challenges, different types of challenge but still big challenges for everyone in Scottish football. "Things have changed over the last 15, 20 years, particularly in media values in the big nations that have gone beyond anyone's reasonable expectations "The gap between the big nations and the small nations is huge and we need to find a solution for Scottish football as well as Celtic in order to bridge that gap in some way or other. "It's put Celtic and other Scottish clubs at a competitive disadvantage in terms of wages and transfer fees." Canada-based businessman McCann rescued Celtic from the brink of bankruptcy in March 1994 when the club's credit facility was recalled by the bank. The club's fortunes were subsequently transformed, both on and off the pitch, under McCann's stewardship with Celtic Park rebuilt and the team winning their first league title in a decade in 1998. McCann sold his stake in the club to current majority shareholder Dermott Desmond in 1999 and Celtic have won eight league titles in the last 15 years. And Lawwell believes the club are now "probably financially in the best position we've ever been in". "We have the best facilities, we have a great management team, we've great executives at the club, the best sports science and one of the best recruitment functions in Europe," he added. "So, we are in pretty good shape, there's no question about that."

alex thomson ‏@alextomo 28m Rangers to go into Administration on Wednesday? At least one senior Glasgow accountant is saying so tonight. https://twitter.com/alextomo

EAST Stirlingshire head coach John Coughlin said last night that he substituted Jordan Tapping in yesterday’s 4-0 defeat by Peterhead at Balmoor after the 17-year-old schoolboy was reduced to tears by a sustained level of racial abuse from a section of the crowd. Coughlin claimed the youngster was subjected to monkey noises and name calling from members of the home support situated behind the goal that Tapping was helping to defend in the second half. Tapping, the cousin of Hearts midfielder Callum Tapping, scored an own goal in the League Two match and was taken off with 15 minutes remaining. Coughlin said: “Firstly I want to say that what went on had no impact on the result of the game but it was a horrible incident. It was so bad that a couple of our players went to the referee to make sure that he was hearing it. “He took no action at the time but he is including it in his match report. Jordan is just a kid who is still at school and was understandably upset and bewildered at what was getting shouted at him. I looked at him with about 20 minutes left and knew I had to get him off the pitch. By the time I did he was in tears. Whilst no one should have to deal with abuse, a more experienced player or person might have been able to handle it differently but in reality it is not Jordan’s problem.” Referee Gavin Duncan is expected to report the matter to the SFA. Coughlin added: “The Peterhead chairman Rodger Morrison came up and apologised to Jordan after the game. Whilst he acknowledged there had been a problem, no one can quite understand why no stewards were asked to go and get the fans doing it to stop, or even more appropriately, throw them out or get them arrested. “Our players were very upset for Jordan and there was a lot of anger in our dressing room afterwards. They are all very much behind raising this incident as far as possible to show their support to their team-mate.” Tapping, pictured, was applauded off the pitch by his team-mates. One supporter who was at the game said: “The ref stopped the game in the second half and spoke to the linesman. Then he seemed to call the head steward or someone like that. It was good couple of minutes he was speaking to the steward. The steward went over and spoke to someone behind the goal. It was just a single guy that they seemed to be speaking to. When [Tapping] went off, all the other East Stirling players were applauding him off the park.” As of last night, the Scottish Professional Football League had received no complaint. http://www.scotsman.com/sport/football/latest/east-stirlingshire-s-tapping-racially-abused-1-3325536

Dave King’s war of words with the Rangers Board could cost Scottish football millions. Rangers former director Dave King has ramped up his increasingly volatile spat with the Ibrox directors yesterday by releasing a hard-hitting statement. The South Africa-based businessman last night publicly suggested Charles Green might be the “power behind the throne” at the Ibrox club. And in an emotive response to the current directors’ criticism of him, he claimed they were asking fans to show blind faith in their actions. Promising to fly to Scotland this week for action meetings with supporters’ representatives, he pointedly said Rangers fans are loyal — but not stupid. It has now emerged the uncertainty once again enveloping Rangers could scupper the SPFL’s plans for a lucrative TV contract to cover games in the Championship next season. That is the latest twist in an extraordinary few days of turbulence that have once again brought the very future of the Light Blues into question. Angered at the news Rangers were to take on a “soft” loan with a repayment when he himself would have offered it interest-free, King made his move. He advised fans to withhold their 2014-15 season ticket money, and instead put it in a Trust. However, while that move got the overwhelming support of the official supporters groups, it angered the Board, who accused him of effectively threatening to put the club out of business. Such a move would leave the club in danger of falling into insolvency, which would be as big a blow for the League as it would be for the club. Anticipation of a highly-attractive Championship in 2014-15 has brought interest from broadcasters. With Rangers and Hearts set to involved, and possibly Dunfermline and even Dundee, the SPFL have been inundated with inquiries from a wide variety of media companies. In particular, it is understood a number of broadcasters, including the BBC, have inquired about the possibility of a one-year deal to include both live action and highlights. The League, however, has been trying to sell the rights as a three-year package worth millions over the period. They feel that is the best way to broaden the game’s appeal Now, though, they are concerned the internal strife at Rangers, possibly now just two games away from being the Championship’s biggest asset, will have would-be bidders running scared. Uncertainty is traditionally a major problem for anyone looking to invest in the game. The SPFL know that only too well, having struggled to attract a title sponsor for the new set-up. That has drawn criticism for the Board and Chief Exec Neil Doncaster. Ironically, Rangers’ woes could actually end up making the product more attractive for potential viewers. Were Ally McCoist’s side to go into administration, under the new rules they would pick up an automatic 25-point penalty. A handicap that would negate any advantage they will hold over their Championship rivals next season. As things stand, the League One champions-elect are already warm favourites with the bookies to continue their journey straight through the lower leagues. That is not too surprising, given they are set to go through an entire season in the country’s third tier without losing a single game. The manager, though, is adamant the Championship will be far more competitive and has warned lots of improvement will be required. The combative tone of King’s latest statement would appear to make clear that King has no intention of ever joining forces with the current Board. Having had one unsuccessful meeting with Sandy Easdale, he appears now intent on trying to force the directors out. And in doing so, he has opted for a twin approach. The first is an upbeat message to fans, who would follow him talking of a “watershed moment” in the club’s history. The second is an attempt to call upon the men who currently run Rangers to justify their actions. Whether he succeeds only time will tell. But without question, this latest news signals an escalation of hostilities. Meanwhile, Rangers boss Ally McCoist admits to frustration that off-field events are jeopardising the recent progress made by his team. “I am slightly concerned that, once again, other issues may detract from what so far has been a very successful campaign,” he said. “We are hopeful in the next few games we can clinch the Championship. We have got the Ramsdens Cup Final ahead, also the Scottish Cup quarter-final, with an incredible incentive to win that and get a home tie in the semi-final. “So on the football side, there are, for the first time, positives. But I am not going to get carried away.” http://www.sundaypost.com/news-views/scotland/ex-rangers-director-king-could-kill-tv-deal-1.248023

RICHARD GOUGH from Scottish Sun DAVE KING delivered an impressive statement straight from the heart last week. But as captain of the Rangers team that dominated Scottish football in the 1990s, one section really stood out for me. It was the part about the prospect of Celtic winning 10 in a row ‘— while Rangers ‘‘remain a small club who slug it out for the minor places’’. It stood out for one reason, it focused on football. It focused on the need to ensure Rangers is able to have long-term success on the pitch. Throughout this whole saga, it has often been forgotten that we are talking about Rangers Football Club. This has been a wretched story of dodgy dealings, of boardroom shenanigans and shadowy characters. But we should never lose sight of the ultimate goal ‘— and that is restoring Gers to the top of the Scottish game. I’’ve known King for a long time and share his concerns that unless serious action is taken, Rangers are in danger of being left trailing by Celtic. That can’’t be allowed to happen ‘— but there are countless tales in world football of big clubs who go through difficulties and never truly recover. You want an example? Just take a look at Leeds United’’s troubles over the last decade. I was in Dubai for a few days playing in a Scotland/ England legends match, and Lee Bowyer was in the opposition side. Seeing him reminded me of that great Leeds team from the 2000/01 season that reached the Champions League semi-final. That in turn got me thinking about our own Battle of Britain with Leeds in the European Cup in the early 1990s. They were an elite club back then. Those sides carried on the tradition of the legendary Leeds teams of the 1960s and 70s. Now? They are just an average Championship side who have been out of the top flight for 10 years. Leeds are still a massive club with a huge fanbase and they regularly attract crowds of 30,000 but they have never recovered from their original problems. So many years of mismanagement have hit Leeds very hard. Leeds are a million miles away from challenging for trophies and being a big hitter in English football again. Rangers won’’t languish in the Scottish lower leagues like Leeds have down south. But with the ongoing financial chaos and concerns over the direction of the club, it could be years before Gers can challenge Celtic. Are Rangers going to be the Scottish equivalent of Leeds? King certainly holds that fear, judging by his statement and it’’s hard to argue with him in a week that saw Rangers bank a ‘£1.5million emergency loan ‘— loaded with a crazy 15 per cent interest rate over six months. The Ibrox board claim this was part of a plan. Really? Are the fans expected to buy that? Rangers’’ response to King’’s statement said his comments were ‘‘damaging’’ but could any more damage be done? From the outside looking in, it appears Gers are in a mess ‘— once again. King’’s had enough and it looks as if the fans have as well. But who can blame them? Remember that banner from a few years back towards the end of Sir David Murray’’s reign? ‘‘We Deserve Better’’ it said. It’’s time the Ibrox fans looked that out again. For the last two years, the people running Rangers have taken them for granted. Enough’’s enough. It all has to stop now. This has to be the watershed moment. The fans have backed King. They have responded to his call for season-ticket money to be withheld and pooled. That might seem like drastic action, but why should the fans just hand over millions again? They have already seen a fortune being squandered by the people running Gers. They have watched as mystery shareholders have walked away with a massive profit in a matter of months. With the ongoing uncertainty, the fans have every right to choose to put their money somewhere safe ‘— not in the hands of people they don’’t trust. Nobody wants to damage Rangers. That is the last thing King or the fans want. Their support has been exceptional. But they need full transparency from the board before the hand over yet another huge wedge of cash. Fans are demanding answers and those in control at Ibrox will need to start providing them quick. If they don’’t, then it looks like they won’’t be getting the season-ticket money. That could put them in an impossible position. As for Ally McCoist, the best thing he can do is concentrate solely on football. My old team-mate has been shoved from pillar to post in the last few years. He has had a succession of bosses who have asked for his backing. Right now, Coisty is right to stay out of the politics. The fans look to him for guidance because he is the one man they trust. But the Rangers manager has three trophies to compete for. He has to try to lift the gloom over Ibrox. What better way to do that than by winning silverware? After all, that’’s what Rangers Football Club should be all about.

.........than Celtic getting Ten In A Row. THE IBROX boss knows that Celtic reaching that much sought after target would hurt, but there's a lot more going on in Govan to occupy his thoughts. ALLY McCOIST insists Rangers have more to worry about than stopping Celtic winning 10 in a row. The Ibrox manager has refused to get caught up in the storm created by Dave King’s decision to go to war with the board. The South Africa-based businessman claimed if the current regime weren’t ousted, Celtic would break through the famous nine-title record held jointly by both clubs. However, while that would pain McCoist, he insists the beleaguered club have bigger issues to address. The Rangers boss is one of only three Gers with a full set of nine medals from their run between 1989 and 1997, alongside Richard Gough and Ian Ferguson. And he said: “Of course it would hurt – but for the next 24 months there’s nothing I can do about it. “In the grand scheme of things our concerns are very much the last 24 months and the next 24 months. That’s the most important thing. “We can’t forget what happened, we can’t let it happen again, and we have to keep rebuilding. “Do we have more to worry about than a statistic? Yes but I don’t want to use it flippantly, as if I’m not doing my job. “Of course I don’t want Celtic to go to 10, it would be crazy to say that. But at the same time I think our club has far more important issues coming up. “We’ll have to improve incredibly to get back because it’s safe to say unless there’s a dramatic change in Scottish football, Celtic are everyone’s favourites for the foreseeable future. “We’re miles away if you’re talking about winning the top flight.” McCoist insists he won’t be involving himself in the politics of the club, despite having done so on several occasions over the past two years. He said: “The last few times of getting involved, we haven’t had a board, we haven’t had a chief executive, we’ve had no real stability or structure. “We have that know so they can deal with the business side of it and I’ll deal with the football. “I know my responsibilities and I know the fans look for leadership. But there are now members of the board who will also have to lead. I think the fans will appreciate that.” But supporters groups issued a vote of no confidence in the board on Thursday and backed King. They also supported his call for a trust to be set up that would collect season-ticket fees and drip feed the money to the regime week by week. Chief executive Graham Wallace responded by saying that threat was “damaging” Rangers but King rejected his claim yesterday. In a statement, King said: “I can only express bemusement at the board’s response to myself and the fans. “The board states that our statements are an attempt to undermine the club. That is an insult to fans who have nothing other than the club’s interest at heart. “They (the board) ask for trust but don’t recognise that trust is a mutual relationship and requires transparency. What the board is really asking of fans is to have blind faith – not trust. “This board has not earned that right and in fact has repeatedly demonstrated the opposite.” King also raised doubts about who was really pulling the strings behind the scenes and claimed former Ibrox chief Charles Green could still be a major player. He said: “It is quite possible that Green is still de facto controlling the club. Certainly the existing directors have a minuscule equity stake and yet won’t disclose the true power behind the throne.” Rangers needed a last-gasp Lee McCulloch penalty to see off East Fife 1-0 yesterday and move a step closer to the League One title. They can now wrap up the championship in their next league game against Airdrie on March 12 if Dunfermline fail to win against Stenhousemuir next weekend. But next up for Gers is a Scottish Cup clash with Albion Rovers and McCoist would take a repeat of yesterday’s poor display so long as Gers go through. He said: “If you offered me the same result next week against Albion I’d take it. There’s less emphasis put on performance in cup games because you only get one bite at it.” http://www.dailyrecord.co.uk/sport/football/football-news/ally-mccoist-rangers-far-more-3198056

Your comments are an insult to fans who have nothing other than the club's interest at heart Mar 01, 2014 16:42 THE Ibrox investor has taken aim at the Rangers chief executive who said that threats to withhold season ticket cash have destabilised the club. DAVE KING has criticised Graham Wallace for claiming the Rangers support have destabilised the club with their threat to withhold season ticket cash - insisting the chief executive's comments are an insult to the Ibrox faithful. In a statement released to Press Association Sport, former director King has taken swipe at Wallace for questioning fans' loyalties to their club. The Union of Fans issued a vote of no confidence in the Ibrox board on Thursday and backed King's bid to lead a fan-based group to secure a major shareholding in the club. They also backed the South African-based businessman's call for trust to be set up that would collect season ticket fees and drip feed the money to the regime controlling the Light Blues week by week. Wallace responded by saying that threat was "damaging" Rangers but King rejected his claim. In his statement, King - who now plans to fly to Scotland to step up his bid for change - said: "Unfortunately, I can only express bemusement at the board's response to myself and the fans. "In what is really a non-response the board states that our statements are an attempt to undermine the club. That is an insult to fans who have nothing other than the club's interest at heart." The latest squabble in the long-running saga surrounding the club's ownership and finances was sparked on Monday when Rangers announced to the stock exchange that it had taken out a £1.5million loan from investors Laxey Partners and Sandy Easdale. The terms of the loan handed both Laxey and Easdale security on the Albion car park and Edminston House facilities near Ibrox, while Laxey stands to make a £150,000 profit. That angered supporters who claim a better deal was available from other shareholders. Wallace, though, pleaded for the fans to trust the board's management but King - who lost a £20million investment when oldco Rangers were liquidated in the summer of 2012 - said: "They ask for trust but don't recognise that trust is a mutual relationship and requires transparency. "What the board is really asking of fans is to have blind faith - not trust. This board has not earned that right and has, in fact, repeatedly demonstrated the opposite." And King raised doubts about who was really pulling the strings behind the scenes. "{The board states] that the current problems can be attributed to previous management (presumably Charles Green etc). That does not explain the ongoing lack of transparency on shareholding and finances by the existing board. "It is quite possible that Charles Green is still de facto controlling the club. Certainly the existing directors have a minuscule equity stake and yet won't disclose the true 'power behind the throne'." Rangers made a £14.4million loss last year and had to take out the Laxey/Easdale loan just to keep the Ibrox lights on until the end of the season. King's statement concludes: "The board continues to treat the fans with disdain by offering mere platitudes. "A more considered and constructive response was appropriate. It is insightful of the board's mindset that it is willing to borrow money from a preferred shareholder at a rate of interest that reflects a high risk to the investor. "In doing so the board has finally confirmed its true view on the parlous state of the club's finances. "What is incomprehensible however is that it then eliminated the risk to this investor (and separately to Sandy Easdale) by providing club assets as security while still paying the high-risk rate. "That highlights that this transaction makes no commercial sense and was not conducted on an arms-length basis. "Paradoxically, the board wants long suffering fans to lend money at no interest and with no security. Rangers fans are loyal but not stupid." http://www.dailyrecord.co.uk/sport/football/football-news/dave-king-blasts-rangers-chief-3196614

Till end of season Kyle McAusland ‏@kyle_mcausland · 6m Signed for ayr till the end of the season. Looking forward to get some games. All the best to the boys for the title run in. #Rfc #Aufc

RAMSDENS CUP FINAL 2014 RAITH ROVERS F.C. V RANGERS F.C. EASTER ROAD STADIUM SUNDAY 6 APRIL, KICK-OFF 4.05pm Dear season ticket holder, Following confirmation of the Rangers allocation for the above match, I am pleased to confirm there will be a limited number of tickets on sale to season ticket holders for this match. We value your commitment and are delighted to give you the opportunity to be with us at the Cup final in our bid for the first silverware of the season. The tickets will be on sale from 9am Tuesday 11 March and are priced at £20 for adults and £10 for juveniles (Under 16). Conditions and booking fees apply. You can purchase 1 ticket per season ticket and a maximum of 2 tickets per transaction. The tickets will be available on a first come, first served basis via the Rangers hotline on 0871 702 1972 (calls cost 10ppm plus network extras), online at http://www.rangers.co.uk or in person from Rangers Ticket Centre. Please ensure you have your Rangers number ready and also the Rangers numbers for any other season ticket holders that you wish to purchase on behalf of. Thank you for your continued support.

KEITH says it's time for Dave King to prove he can see a plan through to the end and says his actions from here on in will determine his legacy at Ibrox. DON’T know what the equivalent is in South Africa but in Castlemilk, where a young Dave King grew up, the vernacular goes something like: It’s time to p*** or get off the potty. Today, of course, King is a million miles removed from the hard-knock streets of the Glasgow housing scheme he once called home. But those who have stayed closest to him over almost 40 years of sun-kissed exile – and you can count them on the fingers of one hand by the way – insist he has never lost touch with his roots. King, they say to a man, remains steeped in his past. Fiercely proud of his working-class upbringing and crucially, at least where this week’s events are concerned, every bit as passionate about the football club he left behind. He remains, to use another home-grown term, the embodiment of a “Rangers man”. It is this one basic credential above all others that separates King from the succession of fly by nights, chancers and opportunists who have at one stage or another taken on lead roles in this seemingly endless Ibrox narrative. If these supporters cannot place their hopes and trust in one of their own, then all trust and all hope might perish for good. Throughout the past three years of turmoil and the relentless chaos unleashed upon them by the Whtyes, Greens, Ahmads and Stockbridges, King has been viewed by the boots on the ground consistently as the man most likely to save them from their plight. Unlike all the characters above and even former chairman Sir David Murray, who played his part in lumbering them with this list of charlatans in the first place, King shares a lifelong emotional attachment to the cause. In their eyes, the only difference between them are the millions King has stuffed in his bank account. If these people won the lottery tomorrow they’d have Rangers saved by Saturday. So it stands to reason King will one day feel a sense of duty to do the same. Does it not? It may be more pertinent to ask why has it taken him so long to take a stand? Or indeed to question if finally, this time, he intends to see it through to the end? Only King has the answers. What the rest of us do know, however, is his actions from here on in will determine his legacy. He’ll either go down in history as one of the all-time giants of the Rangers story. Or he will fail in his objective and risk being dismissed as a footnote. Either way the real Dave King biography is about to be written. Certainly his sudden re-emergence on to centre stage in the past few days appears to suggest his time is now. By pointing his big guns at the top of the marble staircase and taking on the current regime King has sent out a rallying cry to these supporters. They answered with one voice yesterday. They are with him all the way. This is as clear a case of “them v us” as Fergus McCann quite brilliantly utilised 20 years ago when he harnessed the power of the people to bludgeon down the big doors at Celtic Park. But McCann did more than simply talk a good game. When push came to shove the little man with the big bunnet also proved to have deep pockets and a willingness to empty them for Celtic’s benefit, as well as his own. King can quite legitimately point to the £20millon he previously pumped into Rangers as hard evidence of the colour of his own money. There has been a whispering campaign about this in recent weeks with shadowy suggestions that King quietly recouped around £18m worth of that investment. For the record this has been denied to me not just by King himself but also by Sir David Murray. The two men, incidentally, are no longer on speaking terms and have not been for a considerable time. Apparently, for 20 million different reasons. But even though King has had his fingers badly burned in the past it does seem reasonable to ask why he has remained on the outside looking in on this omnishambles for so long. Occasionally, he has dipped a toe in the water before scamper-ing back up the beach. Late last year for example he even arrived in Britain amid a great flurry of excitement, fluttered a few eye-lashes, held a few conversations and then retreated back to the solitude of his own world without nailing down a deal. King’s doubters, of which there are many, insist he has had ample opportunity to wade into this debacle and to buy his way into a position of power. In other words, to do a Fergus. It is worth remembering here, however, that King’s long-running tax issues first had to be resolved. With that in mind, he has only really become a viable player in this game in the last six months when he settled his affairs by agreeing to write a cheque for an eye-watering £44m. This is in itself creates another couple of issues. Not only does it pose an obvious question as to how much money he has left in the pot but also, King’s critics raise serious morality issues about the prospect of Rangers being saved by a man who was described as a “glib and shameless liar” by a South African judge and who faced a total of 322 criminal charges. Again, they have a point. Had, for example, Whyte appeared on the steps of the front door carrying baggage like this he would have been chased all the way down the length of Edmiston Drive and Rangers might have been spared from all this ignominy and suffering. But this is where King’s standing and status with the supporters kicks in. This, in fact, is what makes him an entirely unique case. King’s supporters remain convinced by his intentions to do only what is right for his football club. And that would be something of a first where this Rangers saga is concerned. They argue, quite correctly too, that there’s hardly a successful businessman to be found anywhere in the commercial world who has not attempted to run rings around the tax man. It is what these people do in order to maximise their profits. King is certainly no different in that regard. But what makes him stand out from the rest is his “Made In Castlemilk” credentials and the inbuilt sense of belonging which still brings his mum and sister to Ibrox every other week. There have been other wealthy good Samaritans along the way, such as Brian Kennedy and Jim McColl – men who clearly meant well but who ultimately just didn’t care quite enough to make the kind of sacrifices which will now be expected of King. This time the strong signals from South Africa really do indicate he is ready and willing to bear this almighty load, that he has now engaged fully into the fight for his club and he will not retreat until the war is won. With King now organising his travel plans and expected to pitch up in Glasgow some time soon the next few days and weeks will determine his fate and that of his football club. The King will either claim his rightful throne. Or abdicate the potty once and for all.

http://www.unionoffans.org/statements/2014/2/27/union-of-fans-statement-270214'>http://www.unionoffans.org/statements/2014/2/27/union-of-fans-statement-270214

Some of my latest musings on the King/RFC debate on TRS for your persual: http://www.therangersstandard.co.uk/index.php/articles/current-affairs/313-the-battle-for-rangers-the-120-day-war

...Former director wants board punished for assuming loyalty Dave King will fly to Scotland to spearhead his supporter revolt against the current Rangers board. The South African-based former director released a statement Wednesday urging fans to withhold their season-ticket money unless the current Ibrox regime provides full transparency over the club’s finances. The board responded with a brief, one-line statement, insisting that his comments were ‘potentially de-stabilising and damaging to Rangers Football Club’. However, having been frustrated in his attempts to lead a fresh bout of fundraising via a new share issue, King told Sportsmail he wants to meet fans’ groups face to face after claiming the ‘business is not commercially sustainable in the short term’. Amid anger over a £1.5million loan by director Sandy Easdale and investors Laxey Partners, the Castlemilk-born businessman has warned fans they risk pouring their season-ticket money down a ‘black-hole’ to repay the cash and wants to front a fan-based consortium in the acquisition of shares in the club. Confirming he plans a direct appeal to supporters in the coming weeks, King told Sportsmail: ‘For the moment, I can deal with things remotely. But I do believe it will be necessary to travel to Scotland in the near future to meet with fan representatives.’ King flew to Glasgow in October in a bid to unite the warring boardroom factions prior to the annual general meeting and work out an investment package — but he returned home empty-handed. A direct offer to lead a new round of fundraising via a share issue has been ignored, prompting anger among fans. King has now appealed to them to stop the in-fighting and join him in the battle for the club’s future. ‘The football club is at risk and it will take a united front to overcome the obvious challenges that are ahead,’ he said. ‘The board can continue with its stubborn refusal (to listen) but that would not be a prudent response.’ Repeating a recent warning in Sportsmail that Celtic will ‘shoot to 10-in-a-row — and beyond’ if cuts are made and a substantial one-off investment is not accepted, King said in his statement that Rangers are doomed to compete for ‘minor places’ in the SPFL Premiership without it. ‘The board is focusing on right-sizing the business — cutting costs to match the income,’ said King. ‘It is correct that any club must, over the long term, operate within its means but in the short term Rangers needs a significant one-off financial boost that cannot be met from the current revenue stream. ‘Without this we will not get back to where we should be. ‘If we cut our costs to suit our present income we will remain a small club and Celtic will shoot through 10-in-a-row — and beyond — while we slug it out for the minor places. ‘That is not the Rangers that I grew up with and not the Rangers that we should be passing down to our children and grandchildren.’ King told Sportsmail that claims he offered a £1m loan to the club are inaccurate and rattled Rangers chairman David Somers also issued a statement, saying: ‘I have been in email correspondence with Mr King and suggested that, even though he is not a current shareholder, I would be interested in hearing any proposals he might have. ‘Mr King replied and indicated a willingness to consider participating in any future equity issue that the club might undertake. ‘This has been the extent of the discussion and I repeat that no offer of an interest-free loan has been received from Mr King, or anyone else, apart from Mr Sandy Easdale.’ Chief executive Graham Wallace is in the middle of a 120-day review of the club’ s finances in a bid to cut the spending that saw Rangers post an operating loss of £14.4m last season. Wallace has also instigated a survey of supporters on the running of the club. Convinced an unaccountable board are only interested in using fans as a cash cow, however, King says season-ticket money should not be used as a crutch for a failing business. ‘I would like to lead a fan-based initiative to acquire an influential shareholding in the club,’ he continued. ‘If the board does not provide disclosure to the fans then it is time to draw a line in the sand.’ Read more: http://www.dailymail.co.uk/sport/football/article-2568814/EXCLUSIVE-Dave-King-issues-call-arms-Former-director-wants-board-punished-assuming-fans-loyalty.html#ixzz2uTQYwxMm Follow us: @MailOnline on Twitter | DailyMail on Facebook

Stand back and survey the scene. The institution that once believed itself to be Scotland's premier football club; a national monument, an establishment-protected icon, a pillar of excellence and endeavour, is in disarray once again. The red brick Ibrox facade hides a multitude of sins and an array of secrets. The Old Lady is a bank of opportunity for hedge funds and a safe haven for overpaid, bonus-ridden, bean-counters. Its fading grandeur reflects the impoverishment of its host, and like a stately home with a leaky roof and a never-ending list of repairs, the old ground has an uncertain future. The Old Lady is a victim of the disease of avarice. As she struggles to hide the scars of neglect, a succession of carers has swanned off into the sunset with money-laden suitcases, and now a crisis loan is required to pay bills and keep third division players on top division wages. Rangers' problems have not gone away. Maybe they never will. As smaller football clubs receive public sympathy for their financial difficulties, Rangers, uniquely, stands accused of depriving schools and hospitals of income. As football minnows wallow in victim-status, Rangers is in the dock, roundly condemned by press comment and regularly vilified by public opinion. The world has changed: Scotland has changed: the political establishment has changed. Rangers has become a misfit. In modern Scotland, the club has few friends and even less powerful allies. The club has been so denigrated in recent decades that it taints reputations merely by association. As the club flounders and falters, there is an almost unspoken hope in polite society that its final act will be to disappear altogether. To Rangers fans, this is an unpalatable prospect, but there are people across Scotland - not just Celtic fans - whose most fervent wish is that Rangers goes away: permanently. To them, Rangers represents intolerance, sectarianism and bigotry, and in this hypersensitive and politically correct age, the club is perceived to be an anachronism that has outlived its usefulness. They want it to wither and die because only hardcore bigots and sectarian morons will mourn it. Decent people, in their eyes, will be glad to see the back of it. Beleaguered Rangers fans can attempt to deflect blame, point the finger elsewhere and proclaim innocence, but no-one is listening. The jury has already made its mind up. Rangers has lost the respect of a nation and edged towards the precipice. It has become the black sheep of Scottish football. Administration and liquidation didn't kill the club, but they highlighted something that should be deeply concerning to a support which aches for a leader to look up to and respect. Within the million-strong Rangers fanbase, there is a noticeable lack of people who have the means to rescue the club and the willingness to actually do so. When David Murray bought Rangers in the late nineteen-eighties, it seemed like a marriage made in heaven. Scotland's biggest club had been taken over by a young businessman who had the means, the cojones and the ambition to further the Rangers cause, and enhance his own reputation along the way. From being a well-known business figure, Murray quickly became a household name, and he relished the fame that was part and parcel of being owner of Scotland's establishment club. In time, he became Sir David Murray - a dream come true for a man whose ego matched his not inconsiderable bank balance. Would a thrusting young Scottish businessman buy Rangers today, or would he prefer to duck the opportunity and steer clear of the hassle that being custodian of Rangers brings? Given that there are no budding David Murrays knocking on the Ibrox front door, it would appear to be the latter. What respectable businessman or woman would want to take on an ailing institution that has incinerated millions of pounds at an alarming rate and now has to borrow to keep the wheels on the wagon? What entrepreneur needs his name associated with a club whose existence is played out while the spectre of sectarianism still haunts it? What hard-won reputation wants to take a chance on a club that habitually pays out too much money for too little reward? What business type would enjoy being the man or woman to sack the club's management team and bring in new blood more appropriate for the task ahead? Would the young David Murray be as quick to buy Rangers in 2014 as he was in 1988? Rangers Football Club is a bloody mess. The team plays dreadful football, the club spends exorbitant sums in the process, it makes the undeserving rich, it is owned by people whose God is greed; it has a reputation that will take years to repair, it can't afford to look after its stadium, and its fans excuse incompetence out of a misguided sense of loyalty. The Rangers support, for the most part, doesn't welcome soul-searching and reflection. It prefers to talk itself up and believe that a full recovery is not only possible, but likely, and this is a mistake. Rangers urgently needs to be re-born. In a relatively short time, the club has descended from being the centre of the Scottish football universe to become an outcast within the sport - and a much-ridiculed laughing stock within the country. The Rangers support has played a minor role in the club's downfall, but it will never fully recover until it plays a major part in its recovery. Fan ownership has to be the future for Rangers. Nothing else will return it to where most fans believe it should be. Only a revolution - a people revolution - will save this club now.

taken from FF King offered interest free loan but was snubbed By ANDY DEVLIN Published: 34 minutes ago DAVE KING offered Rangers an interest-free loan and was SNUBBED. The South African-based tycoon was bewildered when Ibrox chief executive Graham Wallace assured supporters there had been board contact with him and he would only invest in Gers if there was a new share issue. King said: “I can’t believe Mr Wallace would have said that. “Mr Wallace has never spoken to me or even attempted to communicate with me in any form whatsoever.” SunSport can reveal King is ready to blow the lid off his dealings with the under-fire Ibrox hierarchy. A planned statement will include the revelation he offered the crisis-hit club a loan of around £1million WITHOUT looking for the £150,000 interest that hedge fund firm Laxey Partners will pocket. The only person King has spoken to is Sandy Easdale and he is NOT a member of the board. The refusal to take King’s interest-free loan will trouble Gers fans. Fans’ favourite King approached Easdale last month and set a deadline of February 7. But he has never heard back from anyone at Ibrox. The suggestion he was in talks over a return was made by Wallace on Monday in a series of interviews designed to allay supporters’ fears over the recent £1.5m short-term loan. Chief executive Wallace claimed the board had been in contact with would-be investor King in recent weeks. Wallace is adamant he can win the trust of the Gers fans. But with continued chaos and confusion behind the scenes, he’s facing an uphill struggle. And the news King’s cash has been snubbed will send shockwaves through the Ibrox support. A joint statement from fans this week condemned the terms of the deals with investors Easdale and Laxey Partners. Easdale has handed over £500,000 in the form of an interest-free loan, whiles Laxey are believed to be demanding 15 per cent APR. Both loans are also secured against Edmiston House and Albion car park facilities adjacent to Ibrox. The cash is repayable by September 1, but Laxey can opt to take repayment in the form of fresh shares at a knockdown price, as long as the club receives the approval of the shareholders. However Castlemilk-born King’s loan would have been interest free and would not have been secured against any of the club’s properties.

Rangers chief answers the big questions over controversial £1.5m loan IN an exclusive Q&A session with the Ibrox chief executive, Record Sport’s chief sports writer Keith Jackson asks Wallace to explain what is really going on. RANGERS chief Graham Wallace was back in the firing line yesterday after confirming he has agreed £1.5million of loans to keep the club out of short-term financial distress. Fans reacted angrily as details emerged – with hedge fund outfit Laxey Partners set to rake in £150k for lending just £1m for less than six months. Here Record Sport’s chief sports writer Keith Jackson asks the Ibrox CEO to explain what is really going on. KJ: You do appreciate the fans will be hugely concerned you need to raise this £1.5million in the first place? They are repeatedly told there is no need for alarm but you must see why they would be so jittery. The need for this new money – just a year after raising £22m in IPO cash – doesn’t suggest the healthiest of financial positions, does it? GW: The money raised through the IPO has been spent in a variety of ways. But that’s in the past. I can’t respond in detail as to how those monies were used. What I can do is look at the business as we see it now and how we are going to move it forward. The need for a financial facility is no different for Rangers than for any normal business. We need time for people to see how the business is being operated and for people’s trust in Rangers as an organisation and trust in the credibility of those who are running it. KJ: But you are getting a hard time about this loan from elements of your own support. Many of them ask why Laxey and why the Easdales? Why were other shareholders not invited to loan the club their money? GW: The board looked at a long list of alternative sources of short-term funding. The club, through its adviser, thought this opportunity made the most sense. A third of the money is coming totally interest free. No costs, no interest and no cost to the club to service the facility. That’s the cheapest money you will ever get and if there is a long list of people wishing to support the club to that level then I’d like to talk to them. KJ: Haven’t you created a potential problem with other shareholders or would-be investors who might ask why they weren’t invited to make a similar loan? And I’m talking here specifically about Dave King. GW: The board has had a dialogue in recent weeks with Dave King. He has not been rebuffed by the board. He is not currently a shareholder. He has indicated he’d be an interested participant in a future equity raising at the appropriate point in time. Our shareholder base has also expressed willingness to invest in fresh equity. Dave King has not come to the club with an offer, other than an interest in participating in a future equity. KJ: Just to be clear, are you saying Dave King has not offered the club short-term funding? GW: He has not done that, no. Dave is not a shareholder and he has not made the club any offer of financial assistance. That’s not a criticism of Dave King. I have not met him but as a board we have had some dialogue to try to understand his intentions because there has been a lot of talk about his interest in investing. There has been no other proposal made by him at all. KJ: At the time of the agm, the board said there were a bunch of investors lining up to plough money into the club. So were they there at all if ultimately this money has had to come from the Easdales and Laxey? GW: The board did consider a range of alternatives from a mix of shareholders and other sources. It was an extensive process and the facility received the support and sign-off of the company’s NOMAD as an appropriate facility and one which was arrived at in the right way. KJ: How difficult would the financial situation have become without this investment? GW: Football is a very cyclical business, with big incomes generated early in the summer which progressively run down. So this is not a crisis move. It’s not a last-gasp policy. We have some fairly significant income streams that will arise in the summer. So this is just a short-term facility. We have no bank debt, no overdraft and a balance sheet which is probably the envy of a lot of football clubs but yet consistently everybody talks about us being in a crisis. KJ: If there’s no crisis then the financial situation will not impact on Ally McCoist’s budget then? GW: People laugh when we talk about putting in place a medium-term strategy but when you are signing a player on a long-term contract it’s a significant financial obligation. So we need a clear idea of what the financial outlook looks like. We are looking at this summer’s window and beyond, over the next 24 months. But it’s too premature to say right now what the outcome of that will be. KJ: Will his budget have to come down this summer or not? GW: Player costs are not surprisingly the biggest aspect of the business. We’ll look at what we need on the football side and what ongoing costs are. We’ll do it in a very considered way. There will be no knee-jerk reactions. Fans will expect us to take a medium to long-term view. KJ: The trust of these supporters is crucial to the club’s financial position. Do they trust you? GW: I have said the club needs to engage to a greater extent with the supporters and I mean it. But people require a period of time to form a view on what is being done. I don’t expect them to instantly accept what we say. All I ask is for a reasonable period of time to get the business refocused and to demonstrate that we are listening to them. We have to show that we are doing things for the right reasons – for the greater good of this club. KJ: You’re bang on there, given the behaviour of some individuals around this club in the last few years. You have to be seen to be acting in Rangers’ best interests. GW: That’s right and I can say from the time I have been here people are 100 per cent focused on doing the right thing for Rangers. It does take time to demonstrate that. We’ll be judged on our success and on our ability to do things in the right way. When you hear external comment about the club teetering on the verge of administration or whatever, some of it is quite irresponsible. There is no way this business was ever going to go into administration again because the fundamentals are too strong. Some of these stories will quite naturally have alarmed supporters given what they have come through. But hopefully, in time, the supporters will recognise that the board and myself are doing the right things for their club. KJ: But then they see Laxey picking up £150k for giving you a secured loan, doesn’t that smack of the previous regime and people with their noses in the trough? GW: I can understand why people might look at it this way. The other way to look at it is it’s no different from any other commercial organisation which would make loan capital available to a business. There is a level of return that they would expect for their money. The cost we’ve agreed with Laxey is deemed appropriate in the market. I don’t think there should be any concerns about the level of commerciality on that. http://www.dailyrecord.co.uk/sport/football/football-news/graham-wallace-qa-rangers-chief-3181015

Lawyers for Rangers' former commercial director, Imran Ahmad, will on Tuesday ask a judge to arrest funds of £750,000 as their legal battle continues. Ahmad's lawyers will argue that the Rangers Football Club Ltd is trading insolvently and would be unable to pay if he won his claim against them. The man who arrived at Ibrox along with former chief executive Charles Green initially intended to pursue £3.4m. He claims he is owed at least £500,000 in unpaid bonuses. The case will be heard by Lord Tyre at the Court of Session in Edinburgh on Tuesday morning. It emerged earlier this month that Ahmad's lawyers wished to call Green as a witness, something Rangers are reluctant to see happen. Rangers currently do not have their financial woes to seek and announced on Monday that they had secured loans totalling £1.5m to help them meet cashflow requirements for the remainder of the season. Players also refused to accept a 15% pay cut proposal as the Rangers chief executive Graham Wallace seeks to make savings. http://www.bbc.co.uk/sport/0/football/26333152

Douglas Fraser ‏@BBCDouglasF 14m #Rangers announces it's secured £1.5m working capital from director Sandy Easdale and Laxey Partners. Repayable by 1 Sept.

Uefa European Championship 2016 draw Venue: Nice, France Date: Sunday, 23 February Starts: 11:00 GMT Coverage: Live video and text commentary on the BBC Sport website Full list of seedings: Pot 1: Spain, Germany, Netherlands, Italy, England, Portugal, Greece, Russia, Bosnia-Hercegovina. Pot 2: Ukraine, Croatia, Sweden, Denmark, Switzerland, Belgium, Czech Republic, Hungary, Republic of Ireland. Pot 3: Serbia, Turkey, Slovenia, Israel, Norway, Slovakia, Romania, Austria, Poland. Pot 4: Montenegro, Armenia, Scotland, Finland, Latvia, Wales, Bulgaria, Estonia, Belarus. Pot 5: Iceland, Northern Ireland, Albania, Lithuania, Moldova, FYR Macedonia, Azerbaijan, Georgia, Cyprus. Pot 6: Luxembourg, Kazakhstan, Liechtenstein, Faroe Islands, Malta, Andorra, San Marino, Gibraltar. http://www.bbc.co.uk/sport/0/football/26207723

LEE WALLACE knows Rangers are closing in on the League One title but he has urged his team-mates to retain their focus as they look to get over the finish line as quickly as possible and with a bit of style. As things stand if Ally McCoist’s players can win their next four league games and then beat second place Dunfermline on March 15 at Ibrox they will be crowned champions for the second year in a row. This, of course, is assuming the Pars win all their games through the same period. Having helped his side win their last nine games following the 1-1 draw against Stranraer on Boxing Day, Lee would love it if Rangers can extend this impressive run until the end of the season but he is aware how tough that will be. Tomorrow the Light Blues will welcome Stenhousemuir to Ibrox for the second time in 2013/14 and the Warriors, with Scott Booth now in charge of the club, will be out for revenge following the 8-0 defeat they suffered on September 28. Wallace was on target on that occasion, the left back sliding the ball under keeper Chris Smith with a low finish to make it 5-0, but he is expecting a 90-minute battle against the Warriors from Ochilview this weekend. Speaking at Murray Park this morning he said: “I think we certainly got our best result and probably one of our best performances against them in the 8-0 game earlier in the season. “It’s been hard to try and re-achieve that type of scoreline and get close to that type of performance but I think we’ve picked up recently. “Obviously in the recent game against Dunfermline we were more like ourselves but we know it’s going to be a tough game against Stenhousemuir. “They have some good individual players who can hurt us and if we don’t match them and more we will be in a bit of bother. But we’re looking forward to it and trying to keep this run going. “There have been times in here when we’ll talk about how far away the league title is but when we take to the training field or get ready for games on a Saturday we’ll always be focused on winning, we’ll never let complacency creep in. “We know there are difficult games and that’s just how it is always going to be. We have to stay focused, be professional and try to recapture a level of performance that excites fans and gets us all playing exciting football. “That’s obviously what we are trying to achieve and we can’t look too far ahead.” http://www.rangers.co.uk/news/headlines/item/6370-we-can%E2%80%99t-be-complacent

Update on poll result Is this email not displaying correctly? View it in your browser. Rangers Supporters Association, Assembly & Trust Statement The Rangers Supporters Association, Assembly and Trust have contacted the CEO Graham Wallace to ask for clarification on the proposed loan by directors and/or selected shareholders. It is of great concern that at the club's AGM in December 2013 Graham advised there was sufficient cash in the business for the club to be able to continue to trade in the short to medium term yet two months later we require a loan for working capital. We would also like assurances that the club have explored all options for attracting fresh investment and this is the best deal available to the club. On the day that the club launched a survey on listening to fans they have ignored shareholding fans overwhelming opposition to resolutions 9 & 10 at the club AGM. Resolution 9 seems to be being used to increase the influence of certain shareholders without affording the same option to others, which is an affront to shareholder democracy and rights. Friend on Facebook Follow on Twitter Forward to a Friend follow on Twitter | friend on Facebook | forward to a friend Copyright © 2014 The Rangers Supporters Trust, All rights reserved. You are receiving this email because you opted in at our website and you are currently a Rangers Supporters Trust Member or Follower Our mailing address is: The Rangers Supporters Trust RST / BuyRangers Administration Clydebank Glasgow, Scotland g80 United Kingdom Add us to your address book unsubscribe from this list | update subscription preferences

Been googling and looking through other sites to refresh my memory. The fact that we require loans now to get through the next few months has me questioning the ability/honesty of CEO Graham Wallace. This is what he said in a Q&A article in The Herald on 17th December 2103 " In the short-to-medium term there is sufficient cash within the club in order for it to continue trading on a normal basis." Now he was the Chief Financial Office at Manchester City so I'm assuming he has some kind of accountancy/financial qualification. That being the case when he made that statement only 8 weeks ago was he fully aware of the financial position at the club? Did he check himself? Was he assured by the board that we were ok in the mid term? Was he told the truth by the incumbents on the board and if not when did he realise we did not have sufficient cash for the short term never mind the mid term? In the same Q&A article he speaks about gaining investment for the club, can we also assume he has failed in this respect?