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I'm moving house soon and came across my old jerseys in the loft. I've taken some pictures of my Rangers replica jersey collection. They range from 1982 to this seasons, although there are a few missing along the way. There's a few I thought I had but I seem to have misplaced or lost. https://imgur.com/gallery/rBK7y I thought they may be appreciated on here...there's some good memories in those jerseys
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Another record for Deadline Day? Five players to boost the squad, are you a happy Bear?
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https://www.facebook.com/rangersfansboard
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Glasgow Rangers bidding to sign clutch of Newcastle United fringe players on deadline day Glasgow Rangers are hoping to tie up a multiple loan deal for a clutch of Newcastle United fringe players on deadline day. The Ibrox club are eager to bolster their squad in order to keep a tight grip on the Scottish Championship play-off spot they are currently occupying. With Hearts the runaway leaders, Rangers’ hopes of promotion will go up in smoke if they slip out of second place with Hibernian breathing down their neck. Now Rangers hope to sign some of United’s fringe players which could see the likes of Haris Vuckic, Gael Bigirimana and Kevin Mbabu going north of the border. Today is the last day that international loan deals can be completed and that includes moves to Scotland. I haven't a clue about these players, but I'm sure they'll be better than what we have at the moment. http://www.chroniclelive.co.uk/sport/football/transfer-news/glasgow-rangers-bidding-sign-clutch-8561228?
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Yesterday morning there were rumours from several 'in the know' posters on FF suggesting that there are a couple of loan signings on the way from Newcastle Utd. Obviously, nothing happened on Friday and if such deals were to go through it would have to be at a date when they could have no influence on the League Cup semi-final. Let's go with the rumour for a minute and say they were to sign on Monday. I'd have to ask why not sign them on the previous Monday prior to the semi-final at Hampden ? You could ask a similar but more important question about Kenny McDowelll and why is he still in the dug-out despite resigning, patently not wanting to be in the job and having been prepared to infer that the RIFC board were misleading the fans when making their statement about Novo ? The board have recent previous when it comes to pitching an unhappy McDowell into the hotseat for a vital match. We know what happened at Easter Road that day, we were lucky to come away with a 4-0 defeat. So coming back to tomorrow, the boards, whether it be Sandy Easdale, chairman of TRFC or the collection of what many regard as malfeasent numpties who sit around the RIFC table,.... don't seem to be that interested in allowing or giving Rangers a fighting chance in Sunday's game. Not appointing a new first team manager in present circumstances is to my mind negligence. Are they writing off the Celtic game and preparing the ground for next week and a new manager with a couple of the only thing that comes from MASH/Newcastle, 'loans' ? Or perhaps my imagination doesn't grasp the scale of their disinterest at a time when John Carver is confirmed as caretaker manager of Newcastle for the rest of the season following four straight defeats. Maybe I do the board a disservice, as I forget for a moment their all too obvious priorities. Perperation for the League Cup semi-final started some weeks ago with the Sports Direct commemorative T-shirt for reaching the semi-final. I don't imagine many reading this will have bought one but don't worry, I'm sure the 293rd richest person in the world will have Rangers paying for unsold stock. Maybe he could make enough money to offer us another loan with largely what should be our own money,..... again. Bottomline is that we have a rudderless, discontented football club (other than for the interests of Sports Direct) and the board not only haven't lifted a positive finger but seem intent on pissing off supporters and staff to boot as we head towards Hampden. We might aswell of had a board of McNally, Phil3names and Haggerty. They couldn't have fecked things up as badly for Rangers as recent RIFC boards have, both generally and particularly going into this game. -
...bring back memories of administration at Ibrox. AFTER Mike Ashley stepped up his Ibrox power grab with another huge loan this week KEITH asks; is the Sports Direct supremo actually asset-stripping Rangers or is he preparing to negotiate with a new board? IS Mike Ashley asset-stripping Rangers ? That’s the question asked under parliamentary privilege at the House of Commons on Tuesday and one the Newcastle owner will have to answer if, as expected, he is summoned to attend a Westminster enquiry . On the face of it, there seems a strong case for the prosecution. In the last few days, and without even stepping foot in Glasgow, Ashley has managed to sweep through Ibrox, scooping up just about everything of value that wasn’t nailed down. Had he bothered to turn up in person he might have made his way home on the famous old St Etienne bike, testing the integrity of its 37-year-old frame to the full. Integrity. Now there’s a word that might cause Ashley more discomfort than half an hour on a racer’s saddle. There are 7.125billion people on the planet. Only 292 of them have more money than Ashley. And yet this champion of the zero hours contracts dumped 200 workers from his high street fashion store USC on to the dole just after Christmas without so much as a lump of coal for a thank you. Integrity? In Big Mike’s world that’s for wimps. Little wonder then that he has acted so brazenly in his Ibrox power grab. With one hand he has fed Rangers with a succession of life-saving drip-feed loans while with the other he’s throttled it into submission. His latest £10million handout was his way of parcelling up an entire institution into one of those vulgar, oversized Sports Direct carrier bags. As bargains go, this one takes some beating. For the price of a fully repayable loan (or in other words for not a single penny) Ashley controls every last bit of Rangers FC, from the old boardroom to the dressing rooms inside Murray Park. His commercial contract has been massively beefed up – Sports Direct now own 75 per cent of the club’s own retail company – which means the badges and crests are now in Ashley’s name too. Also as part of the new agreement, if Rangers should strike a multi-million shirt sponsorship deal, the vast majority of that money will go straight into Ashley’s back pocket. So, in summary, a business already teetering on the verge of insolvency has now taken on a mountain of new debt, while giving up huge chunks of its only existing revenue. Now I’m no Lord Sugar but even so, the logic being applied here seems so flawed that it’s bordering on insane. This business now has its bare toes curled around the summit of Everest, having pawned off its safety harness. With one puff of his chubby red cheeks, Ashley could blow the whole thing into oblivion. In fact, this latest decision by a board which is itself not fit for purpose has a very familiar and nasty whiff of madness to it. And the similarities don’t end there because another red flag was raised in Tuesday’s Stock Exchange statement and it came in the form of two words that became part of the Rangers discussion during Craig Whyte’s chaotic end of days – floating charge. Now Ashley too has placed a floating charge over the club’s assets and although this may be purely coincidental, while his motives and strategy remain a complete mystery, it ought to raise the general level of alarm. So is Ashley actually asset-stripping Rangers right in front of the eyes of its supporters? Or is this latest move the latest part of some other plan for the Ibrox club? Those who study Ashley’s dealings closely describe him as the ultimate high-roller poker player. They are quick to point out too that, deliberately inserted into Tuesday’s statement, was a line about all of these agreements being reversible upon repayment. It could be, in tieing up all of the above, Ashley is merely about to spread them down like a massive pile of casino chips. That he is preparing for defeat at an egm in the knowledge that Dave King’s requisition already has majority support among the club’s shareholders. Certainly, if any of these city types were previously undecided as to which way to cast their votes, the terms of Tuesday’s £10m loan shark deal would have helped make up their minds. If anything, by accepting Ashley’s deal over a rival offer from Douglas Park, George Letham and George Taylor, the board may have significantly bolstered the mood for regime change. Where the numbers are concerned, King’s hand has just been strengthened. Even so, Ashley heads into this showdown holding all the aces. Even if the board is obliterated, King will still have to deal with the man who controls the club’s assets. And Ashley will call the shots. What he will not do is roll over. He’s had serious skin in this Rangers game for too long to fold now. Ashley has been at the table for more than two years, ever since he handed £1m to Charles Green in advance of the £22m IPO of December 2012. Sports Direct has been stuffing its tills with blue pounds ever since courtesy of Green’s incredible generosity. His old pal Derek Llambias was even invited into Ibrox around the same time to strike a deal which saw Ashley buy the stadium’s naming rights for a pound. Llambias now sits at the head of the board in his role as CEO but he too has been around this saga for longer than most will have realised. He owns 51 per cent of a PR firm called Keith Bishop Associates who, around the time of that IPO, were invoicing former Finance Director Brian Stockbridge for all manner of sums without ever appearing to engage in any actual PR for the club. Stranger still, these payments were being signed off at a time when Green was hiring his own PR guru. Ironically, Llambias was appointed to the Rangers board late in 2014, not long after the Keith Bishop contract had been terminated by his predecessor Graham Wallace. Intriguing isn’t it? So on Monday afternoon I contacted Keith Bishop, who acts as Ashley’s official spokesperson, by phone earlier to ask him about some of this mysterious stuff. He requested I submit any questions via an email. That email landed in his inbox less than half an hour later. It took him until last night to respond in an email which read: “This company’s relationship with its clients are, and remain, confidential and not open to be discussed in the public domain.” All of which just goes to prove that it’s getting harder and harder to get a straight answer to anything Rangers related these days. So is Ashley really asset-stripping Rangers? Or is he gearing up for a massive game of negotiation poker with King and a new board? That would certainly seem the more logical view. But then again, this is Rangers. Logic left the building some time ago. http://www.dailyrecord.co.uk/sport/football/football-news/keith-jackson-mike-ashleys-rangers-5062140
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Following detailed legal advice, the Rangers Supporters Trust (RST), with the financial backing of the Rangers Fans Fighting Fund (RFFF), submitted a petition to the Court of Session in Edinburgh on Monday 26th January, seeking an interim interdict to stop the Rangers board from granting security over Ibrox in favour of Sports Direct. Discussions between our lawyers and the board’s lawyers continued over the past three days. The conclusion of these discussions was the that board has agreed not to grant security over Ibrox for a period up until the 17th February covered by the advance notice they submitted. We are disappointed that we were not able to secure the extension of this commitment until the date of the upcoming EGM, as this now leaves a short period of time in which the board could grant security over Ibrox before they are hopefully removed. This is particularly concerning given the announcement yesterday that a further period of due diligence is required for the second £5m tranche of debt that the board has decided to saddle the club with. We believe our actions had a material impact in stopping the board from granting security over Ibrox. The revised deal with Sports Direct was agreed late on Monday night according to Paul Shackleton, the club’s AIM nomad. This was immediately following the petition submitted to the court, the announcement of which delayed what would have been a necessary interdict hearing in the Court of Session on Tuesday. We do not believe that the filing of a notice of intention to grant security over Ibrox was an error and we believe that a fixed security over Ibrox would most likely have been granted to Sports Direct had it not been challenged. We would like to register our disappointment that it was necessary to take legal action to hold this board to their public promises to shareholders and fans. Whilst we are pleased that the immediate danger posed to Ibrox has been averted, we share the anger of other fans at the latest act of corporate piracy perpetrated by the current Rangers directors. By accepting this deal with Sports Direct, they have plunged our club into unnecessary debt and, by pawning off further revenue streams including shirt sponsorship, have limited our ability to repay that debt. They have done this in their own interests and those of Mike Ashley. David Somers, Derek Llambias, James Easdale and Barry Leach have, in our opinion, neglected their duties to the PLC they are meant to represent. Our fans have one chance to remove these directors before they cause even more damage. We urge them to sign up at http://www.therst.co.uk/buyrangers and ensure that this board is removed at the upcoming EGM and replaced with directors who put Rangers Football Club above their own personal positions and the financial betterment of their masters. We will continue to liaise with our lawyers, the RFFF and other major shareholders regarding the actions of the Easdale brothers, David Somers, Derek Llambias and Barry Leach. We look forward to a forensic examination of their conduct following the EGM. We would like to thank the RFFF for their continued support, without which it would have been very difficult to challenge the actions of this discredited board. - See more at: http://www.therst.co.uk/news/ibrox-court-action-statement/#sthash.GhlaIbzq.dpuf
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Rangers International Football Club plc - Is it breaching the Companies Act? Is its Nomad a cretin or worse? http://www.shareprophets.com/views/10306/rangers-international-football-club-plc-is-it-breaching-the-companies-act-is-its-nomad-a-cretin-or-worse -
Been trying to get my head round things for a while now..... Exactly what influence does Mike Ashley have over the current board??? Recently, we have seen investment proposals from King, Sarver & 3Bears all knocked back in favour of offerings from MA, which have been very heavily weighted in favour of the lender. What interest does MA have in the club??? Personally I think he wants to control the merchandise. However, if he turns the fans against him (as he has), no-one will buy the stuff he's selling, so where's the benefit??? MA has been told that he can't own any more shares by the SFA, therefore he can't invest directly into the club. Any money will come in the way of loans, therefore increasing debt - debt that will be more difficult to repay since SD now control 75% of the retail channel. Couple that with the reduced attendance etc & cash flow is severely impacted. Has MA been the one really pulling the strings all along??? Was he the main force behind Chuckles?? Could he be the Easdales true puppet-master??? To me nothing about MA's involvement makes sense. He is a very successful businessman - no-one can argue that - but the way things are being run @ Rangers, it's as if people want it to fail!!! The Board etc appear to be trying their best to drive the fans/customers away.
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Statement from the bears due at 6pm (approx) keep the faith guys please, from FF
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We are f----d. 27 January 2015 Rangers International Football Club plc ("Rangers" or the "Company") £10m Credit Facility and associated transfer of 26% of Rangers Retail Limited The Board of Rangers announces that Rangers Football Club Limited ("the Club") has entered in to agreements with independent.co.uk/news/business/news/sports-direct-stops-20000-staff-taking-other-work-by-using-zero-hour-contracts-9661746.html Retail Limited and associated companies ("SD"), to provide a long term on-going credit facility of up to £10m (the "Facility"). The Company's financial condition has been perilous for a number of months exacerbated by lower than expected match attendances. The Directors have implemented a cost cutting program with which they have made significant progress. There is however an immediate need for a substantial injection of capital, and the Directors have considered a number of options. The terms negotiated with SD (which are reversible in respect of the Facility) represent the optimum combination of quantum and duration of funding, allowing the Company time to arrange permanent capital which can be used for strengthening the playing squad. The Facility is structured in two separate interest free tranches. GBP 5million will be available immediately for working capital purposes and for the repayment of the credit facilities with MASH Holdings Limited which was entered into on 27 October 2014. All rights and security associated with the MASH facility will be cancelled. The Club will transfer 26% of the share capital in Rangers Retail Limited ("RRL") to SD for the duration of the Facility (the "Transfer"), which will be transferred back, at no cost, upon repayment of all outstanding sums owed by Rangers and its subsidiaries to SD. There is no specified repayment period for the first tranche of the Facility. The Facility is to be secured by (1) a floating charge over the Club's assets and (2) fixed charges over Murray Park, Edmiston House, Albion Car Park, and the Club's registered trademarks. None of the security that is being given to SD covers Ibrox Stadium, which is specifically excluded and remains in the full ownership of the Club, free from any security. SD will also have the right to nominate two directors to the board of Rangers for the duration of the Facility, any such nomination will be subject to regulatory consent pursuant to the AIM Rules and other regulatory bodies. If the entire sum drawn down is repaid, the Facility will be deemed to be terminated, all security will be released, the 26% of RRL will revert to the Company and all rights of SD to nominate Directors to the Board of the Company will cease. The second tranche of GBP5 million, which repayable 5 years after drawdown, will be used, if required, for working capital purposes and is subject to due diligence by SD prior to drawn down. The Company has also agreed that from the 2017/8 season, for the duration of the Facility, any future shirt sponsorship proceeds will be for the benefit of RRL. RRL will declare a dividend of a total of GBP 1,610,000 prior to the Transfer. The Club will use the proceeds of its share of this dividend, inter alia, to repay sums owing to SD in respect of the cessation of onerous leases on unprofitable stores entered into by a previous Rangers management team. RRL is a joint venture between the Club and SD whose business is selling merchandise both on-line and in stores. In the period ending 27 April 2014, RRL made a profit before tax of GBP 1,172,893. SD is a Related Party under the AIM Rules and accordingly the Facility is a Related Party Transaction pursuant to AIM Rule 13. The Independent Directors, consider, having consulted with WH Ireland its nominated adviser, that the terms of the Facility are fair and reasonable insofar as shareholders of the Company are concerned. The Directors would like to thank all the Rangers Stakeholders who showed an interest in helping the Company. Commenting on the Facility, David Somers said: " The Board has sought for some time to establish a long term funding solution for the Company in order to create a platform of stability to build for the future. This Facility begins this process and we very much hope that it will be augmented with further permanent capital in due course. In addition, the executive team have made strides in addressing the cost base of the Company in order to improve our financial condition and working capital profile. We very much hope that we can now move away from having to seek short term funding solutions and can focus our efforts towards investing in the first team playing squad, a return to profitability and to re-establishing Rangers in the top league in Scottish Football and in due course, to European competition. The Board now calls upon all shareholders to rally together to achieve this goal."
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Stuff some block out time and again when talking about us and postmen, plummers and co. for these last few years. Stuff, that happens time and again, all over the place. And today again ... CHELSEA 2 - Bradford City 4 (that's the English third tier team) MANCHESTER CITY 0 - Middlesbrough FC 2 (that's the English second tier team) SOUTHAMPTON FC 2 - Crystal Palace 3 Cambridge United* 0 - MANCHESTER UNITED 0 *(that's the English fourth tier team) ... so none of the EPL's top four have made it to the next round against lesser opposition, only ManU with a chance to go through. It does not mean much with respect to our players failing time and again to play some decent football, or our managers to show some sort of imagination. Yet, it does show that time and again big names and hilarious money paid for and on players will not guarantee you success. If a third tier team is set up and drilled well enough, it can cause quite a bit of a shock. And while I'm at it, Falkirk did beat Hearts at Tynecastle today, rather unexpectantly.
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Grant Russell @STVGrant 17s18 seconds ago None of the 55 games Steve Simonsen is accused of betting on were Rangers matches. Chris Jack @Chris_Jack89 47s48 seconds ago Rangers keeper Steve Simonsen issued with a notice of complaint for breaching SFA gambling rules. Has until 29/1 to respond. Hearing 12/2
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http://www.rangers.co.uk/images/FansBoard/Minutes/RFB_Minutes_080115.pdf
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“We have to keep believing because leads like Hearts’ have been blown before.” Dean I hope you do let us see what you can really do because up until now it is disappointing.
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From Sun website - By JONNY BOYLE Published: 1 hr ago STEVIE SMITH admits Rangers are dreading next month’s powderkeg Old Firm clash with Celtic. The Ibrox side face the Hoops in the League Cup semi-final at Hampden on Sunday, February 1. Smith understands why the Rangers supporters are worried about being on the end of an embarrassing result against their bitter rivals given their recent form. And he admits Kenny McDowall’s squad aren’t looking forward to it one bit either. He said: “I started thinking about the Celtic game as soon as it got drawn, to be honest. “But with the results we have been having and the way we have been playing, I don’t think we can think about it too much. “We have got to take every game as it comes. I know that sounds like an old cliche but maybe if we were playing well we could look forward to it a bit more. “But we aren’t. “Everybody has got their opinions and are entitled to them. "The fans will probably be dreading it because in the big games this season, we haven’t done well. “We know that but we will deal with the Celtic game when it comes.” Meanwhile, boss McDowall — whose side face Alloa tomorrow — admits the club’s scouting department needs a complete overhaul. He said: “Since the club went into the trouble that we are into, we have been operating without a scouting team. “The whole thing has got to be addressed at some point but at the moment there is nothing. "We have two people doing match reports for us. Obviously they do a bit of scouting for us as well. “We have got contacts in the game ourselves and that’s what we’ve been relying on. “This is such a big club and these things should all be in place. Hopefully we will get back to being the way we should be.” Rangers revealed this week they would need an emergency cash injection before the end of the month or face another financial crisis. But McDowall insists he’s purely focused on football. He said: “That side of it I’m not involved in at all. I’ve been told to take the football side, which I’m doing, and that’s it. I’m carrying on regardless. “I’ve had discussions with the chief executive but it has purely been about football matters. I’m quite happy to do that. “I don’t think there’s any point worrying about the off-field reports. I’ve been told to do a job, I’m doing that job as best I can, and I’ve got to carry on.” German boss Felix Magath has been linked with a share purchase in Rangers. But he moved to play down reports he could be set for a role at Ibrox. He said: “I don’t want to comment on my stock dealings, that’s private. “I spent the Christmas holidays in London and actually visited someone in Glasgow but I don’t want to comment on whether there has been talks with the club either.” -
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http://www.telegraph.co.uk/sport/football/teams/newcastle-united/11317458/Mike-Ashley-has-left-Newcastle-stagnant-and-stained-with-his-greedy-ownership-who-would-want-the-job-now.html Mike Ashley has left Newcastle stagnant and stained with his greedy ownership - who would want the job now? St James' Park now resembles a branch of Sports Direct - piled high with nonsense, with Ashley treating his critics as pygmies with pea-shooters, writes Paul Hayward Standing up to a ruthless owner who is worth £3.75 billion might sound like the definition of futility, but it happens to be the only option for the next man in at Newcastle United, where the nonsense is piled as high as the gear in Mike Ashley’s retail empire. Ashley is one of those moguls who has come to feel he has the globe on a string. Zero-hours contracts at Sports Direct? Get stuffed, liberals. Wonga shirt sponsorship? What has it got to do with you? Ashley’s business ethic is to treat his critics as pygmies with pea-shooters. He bestrides the swamp of unregulated free-market enterprise. Wealth is the only show in town. Observe the big man’s skill. Instead of having to go through the tedious business of sacking Alan Pardew, Ashley simply waited for Crystal Palace to come along and offer him £2.5 million in compensation to take ‘Pards’ away. What a deal. Not since he made £926 million in a single day floating his sportswear firm has such a cherry dropped off Ashley’s tree. No wonder his facial expression suggests omnipotence. Newcastle’s fans are understandably conflicted about Palace’s raid on St James’ Park. Those who held up a bedsheet declaring “Pardew is a muppet” will be glad to see him go. But they must know too that Ashley will want a continuation of the owner-manager relationship established during Pardew’s four years in charge. It would be a major turn-up if the proprietor ditched the current model of managerial subservience in favour of, say, Tony Pulis. Don Hutchison, the former Liverpool and Sunderland midfielder, writes in his Newcastle Chronicle column: “I’m not sure he [Ashley] actually wants the hassle of a manager who would demand money to sign players who can take Newcastle to the next level. “And I’m really not sure that he wants a manager who is going to sit there and say ‘I want this striker and he’ll cost £15million.’ I don’t think a manager like that would last five minutes at Newcastle at the moment.” Pardew, we know, endured his own powerlessness with a peculiarly strained expression, unless he was verbally abusing Manuel Pellegrini or putting the nut on Hull’s David Meyler. His disinclination to take on Ashley publicly on all the important points – Joe Kinnear, for example – took me back to the day Carlos Tevez and Javier Mascherano signed for West Ham, and Pardew, the manager at the time, called it “intriguing.” He clearly had no say in the club’s decision to park them at Upton Park. Multiply that many times and you find Pardew answering to Kinnear (briefly), spectating as Andy Carroll moved to Liverpool and having little say in Newcastle’s overall transfer dealings. It was during Pardew’s reign that Ashley decided he wanted 100% control over where his money went. Newcastle, who have a wage to income ratio of 64% (the Premier League average is 70%) have become a stepping-stone club for expertly-scouted players: an exercise in mid-table stagnation. Pardew never had the powerbase to resist this drift. The fans regarded him as Ashley’s puppet: another mouth from the south. Rather than fight the owner, he found a way to leave, returning to his roots at Palace. A more self-aware owner than Ashley might reflect that his manager is taking a demotion (to Palace) to escape the shadow he casts. The thought would not trouble him for long. Newcastle have previous here. Long before Ashley stepped into the Premier League casino Sir Bobby Robson and others struggled with Freddy Shepherd, a local heavyweight who also liked to do the deals. Under Robson’s tenure the late Gary Speed was sold to Bolton Wanderers without the manager’s prior approval and Patrick Kluivert’s arrival on Tyneside was conceived at boardroom level. Robson tolerated these interventions because he loved the job too much to give it up, and backed himself to produce a winning team from whatever resources were available to him. After he left, in 2004, and the job passed to eight managers inside a decade, there was one quick way to annoy Sir Bobby. All you had to do was ask him: “Who on earth would take the Newcastle job?” “It’s a wonderful job,” he would say. “Any ambitious manager would want that job. They’ll be inundated by applications.” He saw 52,000 fans, a deep love of the game on Tyneside, a strong local tradition and culture, even if they lacked the trophies to go with it. But to be Newcastle manager, now, without power, or even influence, is no siren call. Pardew’s successor will either have to lay out his terms at the first negotiation stage or step into Ashley’s empire as a departmental head, while the real business goes on elsewhere. Pardew stopped being a yes-man in the end. He accepted defeat, and fled.
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Rangers Supporters Trust has demanded that the club keep its promise to answer questions about Mike Ashley. By Roddy Forsyth 7:59PM GMT 29 Dec 2014 Comments4 Comments The Rangers Supporters Trust has demanded that the club keep its promise to answer questions about Mike Ashley which shareholders were unable to put to the board at last week’s stormy annual general meeting. David Somers, the Rangers plc chairman, was widely criticised for curtailing the proceedings before questions could be posed about the Newcastle United owner’s dealings with the club, especially in relation to his Sports Direct retail chain. Somers promised that he would respond by email to questions which were not addressed at the AGM. One question follows the Telegraph Sport’s disclosure that when Ashley gave up the naming rights to Ibrox Stadium notoriously acquired for £1 from Charles Green’s Sevco consortium – he got substantial commercial and advertising concessions within the ground. The Rangers board is exploring its options for fresh funding after the rejection by the Scottish Football Association of Ashley’s attempt to increase his shareholding in the club from 8.92% to 29.9%. It is understood that one possibility – again cited by Telegraph Sport – is to maintain cash flow by a series of emergency loans from Ashley, secured on assets. Ashley has already provided £3 million in loans but Rangers need another £8 million to see them through 2015. They have an offer of £6 million from three wealthy supporters, Douglas Park, George Letham and George Taylor, conditional on board representation. However, Ashley could choose to defy the SFA by increasing his stake in the club despite their refusal to sanction it, a course of action that could lead to the governing body to withdraw Rangers’ license to play football. In the meantime, the RST’s questions include the following: “Can the Board outline the terms of the recently announced new commercial arrangements with Sports Direct? Specifically, can the board confirm if future years’ shirt sponsor revenues will be for the benefit of the club or for the benefit of Sports Direct and does Sports Direct have the right to choose a shirt sponsor after the end of 32 Red three year sponsor period? “It is a widely held view that Mike Ashley tried to undermine the recent share issue by initially offering to underwrite it, then withdrawing this offer, and publicly announcing he would not be taking up his rights, only to then go out in the market the following week and buy further shares in the market for the same price. “This appears to have been a clear strategy to undermine the success of that share issue. On what basis does the Board consider it appropriate to enter into further business relationships with an individual who was clearly attempting to undermine the financial position of the club for his own advantage? “Can the board confirm if it is in discussions with Sports Direct or any other Mike Ashley company to sell a further stake in the Rangers Retail business? If so, what percentage stake is being considered for sale and at what value? “It has been reported that Derek Llambias will earn a salary of £150k as CEO. Will Mr Llambias advise shareholders if he is also entitled to other benefits (housing costs, car allowances, pension) and in particular if he is eligible for any bonus payment? If he is eligible for a bonus then on what basis will this be earned? Has he moved to Glasgow? “Is the Board considering using Murray Park as security for further loans from Mike Ashley, Mash Holdings or Sports Direct affiliated companies? If so, how much is the Board seeking to raise from this asset? “The club appears to have granted considerable additional stadium branding rights to Sports Direct and Mike Ashley companies. Can the board outline exactly how much additional advertising inventory has been given toSports Direct/Mike Ashley and what value or consideration has been received for this? “The club needs major investment. Why did the board not seek to persuade Sandy Easdale to vote his proxy block of 26% to support a new share issue? As Mr Easdale did not support such a new issue, blocking muchneeded fresh investment, is his position on the football board untenable? “Mr Llambias you sat in front of around 200 fans at Ibrox, next to Charles Green, and told us of the benefits and "millions of pounds" the naming rights for Ibrox would bring to Rangers. Did you know at that time that your boss, Mike Ashley, was getting those rights for £1? Why should any Rangers fans trust you when your first interaction with us was to mislead us on behalf of Mr Ashley? “How much did the club receive per £10 spent by fans from retail sales through Rangers Retail in the June 2013-June 2014 financial year? “What has Mike Ashley been given in return for giving up the naming rights that Charles Green handed him for £1? “Can you explain why the board took Mike Ashley’s loans and gave him control of the running of the club despite it clearly being contrary to SFA and UEFA rules and therefore inevitably opening up the club to a charge? “Can the board confirm why, after 40 odd years of service, loyal employees are being cast out the door with the minimum possible redundancy pay and a paltry two weeks’ pay as a 'goodwill' gesture?” http://www.telegraph.co.uk/sport/football/teams/rangers/11316773/Rangers-fans-demand-answers-from-board-over-Mike-Ashleys-involvement-with-club.html
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I would take a billionaire sugar daddy like Chelsea, Man City and United have in England long before anything right now. All across Europe we have teams notably from Eastern Europe run by Billionaires with fans following in their droves, watching seriously clever players in packed stadiums with total tv exposure. In my lifetime, football clubs, and how they are run has changed dramatically over time. Spain, Germany, England and even Russia have total control of all things good (or bad) in football. The days of an 'honest' football club operating in today's world are long gone. The idea of Rangers being or at least trying to enter that elite fills me with some degree of hope. I want our club to be part of that elite once again. We have a far wider fan base than any other club in the world and if the the right people come in regardless of their greed then we should accept that. Our club has the potential to feed the 'Hobbiest' as well as the fans, and make it's mark once again. Only a pessimist would disagree with that. Mike Ashley grabbed Newcastle United to promote his business empire, and it worked, it's Newcastle United ffs! If Ashley wants to take on the Rangers it's because he believes it may well be the biggest thing he's ever took on in his life, and possibly his most rewarding. We are a sleeping giant. I'm looking forward to very prosperous times in the the future. It is just round the corner somewhere. Edit: This is Bearmans view not necessarily yours.
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As posted on FF: "Sons of Struth have received information that in return for the naming rights deal Sports Direct now own the shirt sponsorship rights when the 32red deal expires, this deal has in practice cost Sports direct £1. Sports Direct can do two things now, the can become our shirts sponsor for £1 or they can sell the rights to another sponsor and they they will receive the money Our board have now handed away yet another income stream to mike Ashley for no financial advantage to our club He now owns our shirt sponsorship for a quid, our shops, our merchandise, our carpark, our edmiston house which was paid for by fans via Rangers Pools, almost half the adverts at ibrox (no one knows how much if anything was paid for these0 and he attempted to own our badge and crest and we still have no answer from the board if this has actually happened I dont think his shops run BOGOF offers but it appears he managed to get one when he bought his original shares, I wonder why and more on that as we clarify it. Most fans would consider his involvement only occurred after admin, you are wrong, more on that to follow soon also......... Craig" -
Sons of Struth have received information that in return for the naming rights deal Sports Direct now own the shirt sponsorship rights when the 32red deal expires, this deal has in practice cost Sports direct £1. Sports Direct can do two things now, the can become our shirts sponsor for £1 or they can sell the rights to another sponsor and they they will receive the money Our board have now handed away yet another income stream to mike Ashley for no financial advantage to our club He now owns our shirt sponsorship for a quid, our shops, our merchandise, our carpark, our edmiston house which was paid for by fans via Rangers Pools, almost half the adverts at ibrox (no one knows how much if anything was paid for these0 and he attempted to own our badge and crest and we still have no answer from the board if this has actually happened I dont think his shops run BOGOF offers but it appears he managed to get one when he bought his original shares, I wonder why and more on that as we clarify it. Most fans would consider his involvement only occurred after admin, you are wrong, more on that to follow soon also......... Craig
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19 December Rangers International Football Club plc ("Rangers" or the "Company") Appointment of Chief Executive Officer Existing Board member Derek Llambias has been appointed Chief Executive Officer of Rangers with immediate effect. Derek joined the Board on 2 November 2014 as a non-executive director. In line with the cost cutting exercise announced on 12 November 2014, Mr Llambias's remuneration will be significantly lower than previously offered for this position. Additionally, David Somers will now revert to his previous role as non-executive Chairman. Commenting on the appointment, David Somers said "I am delighted that Derek has agreed to step up to the Chief Executive role. This is a successful outcome to the process, announced on 27 October 2014, which involved interviewing a number of high calibre candidates. Derek has impressed us with his grasp of the issues since joining the group and brings a wealth of experience, particularly from his time at Newcastle United, which we feel confident will be invaluable to Rangers. ************** " which involved interviewing a number of high calibre candidates" Did it f@ck.
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http://www.eveningtimes.co.uk/rangers/rangerscomment/mccoist-set-to-face-the-music-but-rangers-fans-will-have-little-to-192156n.114751404? McCoist set to face the music but Rangers fans will have little to sing about AND now the end is near ... Christopher Jack Sports Journalist Wednesday 17/12/2014 and so he faces the final curtain.. Ally McCoist likened his appointment as Rangers manager to taking over the mic from Frank Sinatra. Today, he will face the music. McCoist has taken the blows and did it his way at Ibrox, but his time in the spotlight is coming to an end, and he will soon exit the stage. Whether it comes in the aftermath of his meeting with Derek Llambias and Sandy Easdale today, at the end of the season or in 12 months' time, the day when McCoist is no longer Rangers manger is approaching. Like all matters at Ibrox in recent years, money is at the heart of the matter and the crux of the discussions. McCoist is due several hundred thousand pounds if the board wish to dispense with his services before the end of his notice period, but with an £8million black hole in their finances, they seemingly have no way to pay the 52-year-old off. He will leave with a cheque, but there is unlikely to be a thank you for his efforts. Whatever figure is settled on, McCoist will be due every penny for what he has done for Rangers, the fights he has had to fight, the controversies and characters he has had to deal with and overcome. However a deal is struck, whether it is in cash now or later or even shares, it will be a fraction of the multi-million burn that has seen Rangers blow their chance of financial stability and a platform, on and off the field, to go on and establish themselves at the top of Scottish football once again. It is only a matter of time before the most remarkable managerial reign in Rangers' illustrious history comes to an end - but it will solve few problems. McCoist's abilities as a coach and tactician have been called into question for some time. The argument for not having him as manager can be fairly easily made and stacked up and many fans will be pleased there will be new methods on the training pitch at Murray Park and instructions from the Ibrox dugout. Against a different backdrop, he probably wouldn't have lasted as long. But McCoist's ethos and approach to the game, the failings of his side and embarrassing results, are not Rangers' biggest problems. Defeats to Hearts, Alloa and Queen of the South have piled the pressure on his shoulders but football, even with the Premiership in sight, is of secondary importance once more. The heart and soul of Rangers is up for grabs. The proud, distinguished club, Scotland's most successful, is a shadow of its former self and another cornerstone is about to be removed when McCoist departs. There is a different feel around Rangers these days as supporters, battle-scarred and weary, turn their back on the club in their thousands. Familiar faces have gone, standards have fallen and bonds have been broken. Where past generations could put their faith in Bill Struth, Willie Waddell or Walter Smith, the fans of today have a far different proposition. Some of those who have made their way up the marble staircase in recent years and do so today are not of the same calibre. They don't appear to hold the same values or share the love of, and commitment to, the club. Fans may not want McCoist the football man, but they need McCoist the Ranger. His rallying cry of 'we don't do walking away' during the dark days of February 2012, became the motto of Rangers' fight for survival and his most famous soundbite. McCoist may leave the club, but it won't signal the end of his service as he goes back to simply being a fan, and surely a concerned one at that. His departure will be welcomed by those whose only focus is football, but some fans will once again miss the big picture. Having fought so hard to save the club, his club, during its fight for survival, and been instrumental in the battle to retain their titles, McCoist has seen the face of Rangers change significantly in the last couple of years. Colleagues have been punted out the back door in a bid to save thousands of pounds while millions are haemorrhaged through bad business decisions and 'onerous' contracts. Friends have lost their jobs just weeks before Christmas, and left the club without the golden handshakes awarded to so many who have given nowhere near the same level of service. It should serve as a warning of what has been and what is coming that McCoist feels he is now better off out of Ibrox. There may be better people available to manage the team, but there is nobody better than him to manage the club. McCoist will become the third Light Blue legend to say enough is enough at Rangers. John Greig continues to stay away from the club, as does Smith, and McCoist has now decided he doesn't like what he sees behind the famous red brick facade. Smith removed himself from a 'highly dysfunctional environment' when he stepped down as chairman in August 2013, yet there has been little progress made since then to resolve the myriad of issues facing the club. The faces in the boardroom may have changed but the problems remain, the questions stay unanswered and the fears are very much justified. McCoist's decision to step down should set alarm bells ringing once again. The savage cuts, the headlines, the in-fighting and politics have taken their toll. In truth, he is probably better off out of the place. But Rangers will not be in a better place with him out of there. With McCoist gone, who do the fans turn to and put their faith in? Who can they be sure is acting in the best interests of Rangers? Would they trust Easdale, chairman of the football board, to hand-pick the right man to lead the club back to the Premiership and oversee that journey? Or would they rather Mike Ashley, the man who has bulldozed his way to control and has the club's merchandise channels tied down in his favour, continue to call the shots from afar? Whoever has the final say, the outcome for McCoist will be the same and the future for Rangers will be uncertain. There will surely be few fans who will be glad to see the back of McCoist, the man they remember as a nine-in-a-row hero, their record goalscorer, Super Ally. He has been let down by a series of chairmen and chief executives, seen promises made and broken. He has been let down by too many of his players, with performances abject and faith not repaid on the pitch. He deserves better than the hat-trick being completed with the fans letting him down and deserting him at the end, too.
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I never thought he really wanted to sell Newcastle? http://www.telegraph.co.uk/sport/football/teams/rangers/11295462/Mike-Ashley-could-control-Rangers-and-Newcastle-United-within-weeks.html
