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  1. Ticket Centre Open All Weekend To assist with season ticket renewals Rangers Ticket Centre will be open this weekend. To make things easier for supporters the ticket centre will be open today AND Sunday to allow fans to renew their season ticket before the deadline of Friday 16 May. The Ticket Centre will be open today from 10am-2pm and Sunday 10am-2pm. The Ticket Centre is also open this bank holiday Monday, Tuesday, Wednesday and Friday from 9am-5pm, Thursday from 9am-6pm and next Saturday and Sunday 10-2pm. SEASON TICKET PAYMENT OPTION OPTION 1 - In full by bank transfer, cheque or cash. a) Bank Transfer – For UK payments please use the following account details: Metro Bank, One Southampton Row, London, WC1B 5HA, Account Name: Rangers FC - Direct Ticket A/C, Sort Code: 23-05-80, Account Number: 14222855. For all overseas payments please use the following account details: Metro Bank, One Southampton Row, London, WC1B 5HA, Account Name: Rangers FC - Direct Ticket A/C, SWIFT/BIC: MYMBGB2L or IBAN: GB86MYMB23058014222855. IMPORTANT INFORMATION – if you select to pay by Bank Transfer you MUST only pay for one season ticket at a time and ensure that you use your correct 9 digit Rangers Number along with your seat details with a space in between as payee reference in order for your season ticket renewal to be processed. For example. 50001111 GLWAA111 b) Cheque – write cheque guarantee card number, expiry date, Rangers number and seat details on reverse and make payable to The Rangers Football Club Ltd. If returning by post, please send to Rangers Ticket Centre, Ibrox Stadium, 150 Edmiston Drive, Glasgow, G51 2XD. c) Cash – only in person at Rangers Ticket Centre. OPTION 2 – BY 4 MONTHLY INSTALMENTS – ONLY AVAILABLE TO SEASON HOLDERS WHO HAD PREVIOUSLY SELECTED TO AUTO RENEW IN INSTALMENTS There are 3 ways to pay by 4 monthly instalments: a) Bank Transfer – For UK payments please use the following account details: Metro Bank, One Southampton Row, London, WC1B 5HA, Account Name: Rangers FC - Direct Ticket A/C, Sort Code: 23-05-80, Account Number: 14222855. For all overseas payments please use the following account details: Metro Bank, One Southampton Row, London, WC1B 5HA, Account Name: Rangers FC - Direct Ticket A/C, SWIFT/BIC: MYMBGB2L or IBAN: GB86MYMB23058014222855. IMPORTANT INFORMATION – if you select to pay by Bank Transfer you MUST only pay for one season ticket at a time and ensure that you use your correct 9 digit Rangers Number along with your seat details with a space in between as payee reference in order for your season ticket renewal to be processed. For example. 50001111 GLWAA111 b) Cheque – write cheque guarantee card number, expiry date, Rangers number and seat details on reverse and make payable to The Rangers Football Club Ltd. If returning by post, please send to Rangers Ticket Centre, Ibrox Stadium, 150 Edmiston Drive, Glasgow, G51 2XD. c) Cash – only in person at Rangers Ticket Centre. PLEASE NOTE - you will receive reminder emails or SMS 1 week prior to subsequent payment dates – please ensure you provide/update your current email address and/or mobile to enable us to contact you. The payment dates are as follows: • 1st instalment - on or before renewal deadline • 2nd instalment - on or before Monday 30 June • 3rd instalment - on or before Thursday 31 July • 4th instalment - on or before Friday 29 August OPTION 3 – Zebra Finance by 4 or 10 monthly instalments Renew online here, download a renewal form or request a form from Rangers Ticket Centre.

If you have any queries please contact Rangers Ticket Centre or email ticketcentre@rangers.co.uk
  2. The First Annual Gersnet Dinner will be held at Malaga Tapas, 213-215 Saint Andrews Road, Glasgow G41 1PD on 26 April 2014 at 3.00pm for 3.15pm till 7.00pm. NOTE NEW TIMES DUE TO EARLY KICK OFF V STRANRAER http://www.malagatapas.co.uk/ The restaurant is currently ranked in the top 20 in Glasgow on Tripadvisor http://www.tripadvisor.co.uk/Restaurant_Review-g186534-d1087980-Reviews-Malaga_Tapas-Glasgow_Scotland.html MENU FOR THE FIRST ANNUAL GERSNET DINNER (THE BEARS PICNIC) Primer Plato (First Course) Selección del chef de varias tapas, por ejemplo (Chefs Selection of Various Tapas e.g.): Pescados (Fish) – Pescado en Adobe ( Spanish Marinated Fish in a combination of paprika and spices) Fritura de Pescado (Fried Mixture of Fish & Seafood; king prawns, squid & white fish, served with garlic mayonnaise) Carnes (Meats) - Albondigas en tomate (meatballs cooked in a rich tomato sauce) Pinchos Morunos (Authentic Spanish Skewers of Sizzling Pork, marinated with cumin, garlic & red wine) Verduras (Vegetables) – Pisto Manchego (Mixture of roasted vegetables: peppers, potatoes, eggplants and onions mingled with tomato sauce) Bravas con salsa Picante (Malaga Tapas own take on the quintessential Spanish patatas bravas) 3 tapas per person Segundo Plato (Second Course) Paellas: Marisco (seafood), Valenciana (mix of chicken & seafood), Montana (chicken and dry-cured chorizo); Verduras (vegetarian) (the selection on the night will depend on numbers) Postres (Deserts) por ejemplo (e.g.): Crema Catalana (Spanish version of crème brulee fired at the table!) Copa Malaguena (Ice cream, honey coated peanuts, raisins and topped with Pacharin liquor) NB: The above are examples from Malaga Tapas’ current menu (see web site); as the owners import a high percentage of the ingredients from Spain, the actual dishes available on the night may vary from the above. £18.00 por persona (per person). All those wishing to attend please post in this thread. I am proposing to collect a deposit of £9/10 per head and in order to avoid any possible suggestion of impropriety, I intend opening a bank account with two signatories, specifically for that purpose. Frankie has approved the opening of a Gersnet Dinner account with me and Andy Steel as signatories. I'll PM the details to all those who sign up when I get it organised.
  3. According to STV the review will be published to LSE today as planned. Please ensure all discussion takes place in this thread where appropriate. Full review for download here: http://t.co/HNRfyvKDAe
  4. To view this email online, click HERE IF YOU HAVE ALREADY CANCELLED YOUR SEASON TICKET OR HAVE ALREADY RENEWED, PLEASE IGNORE THIS COMMUNICATION. Dear Bearger, Rangers FC would like to notify all supporters that from today, Friday 25 April, it has withdrawn the option to use credit or debit card payments for season ticket purchasers. Following today’s Business Review announcement which is available on the Rangers website here, we are contacting all season ticket holders to update them on the options available in order for them to renew their season ticket. Continued negative external comment and campaigns have created significant operating difficulties and has been threatening the Club’s orderly and progressive recovery. A current example of the difficulty being faced by the Club, and which will regrettably impact upon supporters, is that for next season supporters will now be unable to pay for their season tickets by credit or debit card. The Club’s merchant acquirer, which processes credit and debit card transactions, has advised that it would require extensive security, including a charge over Ibrox Stadium and an insurance policy at considerable cost to the Club, to protect itself against any potential liability arising from passing on monies from season ticket purchases ahead of next season’s matches. One of the major factors influencing this decision was the extensive negative coverage of calls in some quarters for supporters to refrain or delay purchasing season tickets. As previously stated, the Board will not grant security over Ibrox and therefore has regrettably decided that for the current season ticket renewal process it will proceed with direct payment only to the Club by way of bank transfer, cash or cheque payment. Any supporters who are on the automatic renewal scheme will not have their tickets renewed automatically and will also require to renew their seats individually. The Club recognises that this will inconvenience a significant number of supporters, however in the Board’s opinion, the demands placed upon the Club by the merchant acquirer are not in the best interests of Rangers. Please note however that whilst credit card and debit cards cannot be used to pay for season tickets, the continuous credit card schemes remain unaffected. To assist supporters at this time, the Club is extending the season ticket renewal window until Friday 16 May, to give every supporter sufficient time to renew their season ticket. Please note that if you do not submit payment by the revised renewal deadline, the Club reserves the right to release your seat for general sale. PAYMENT OPTIONS OPTION 1 – in full by bank transfer, cheque or cash. Bank Transfer – For UK payments please use the following account details: Metro Bank, One Southampton Row, London, WC1B 5HA, Account Name: Rangers FC - Direct Ticket A/C, Sort Code: 23-05-80, Account Number: 14222855. For all overseas payments please use the following account details: Metro Bank, One Southampton Row, London, WC1B 5HA, Account Name: Rangers FC - Direct Ticket A/C, SWIFT/BIC: MYMBGB2L or IBAN: GB86MYMB23058014222855. IMPORTANT INFORMATION – if you select to pay by Bank Transfer you MUST only pay for one season ticket at a time and ensure that you use your correct 9 digit Rangers Number along with your seat details with a space in between as payee reference in order for your season ticket renewal to be processed. Your individual payee reference would therefore be 500545595 BR3AA84 Cheque – write cheque guarantee card number, expiry date, RANGERS NUMBER and seat details on reverse and make payable to The Rangers Football Club Ltd. If returning by post, please send to Rangers TICKET CENTRE, Ibrox Stadium, 150 Edmiston Drive, Glasgow, G51 2XD. Cash – only in person at Rangers ticket centre. OPTION 2 – Zebra Finance by 4 or 10 monthly instalments Renew online from Thursday 1 May at http://www.rangers.co.uk/renew, download a renewal form or request a form from Rangers Ticket Centre. If you have any queries regarding the change in payment methods, please contact Rangers Ticket Centre or email ticketcentre@rangers.co.uk Thank you for your continued support RANGERS FOOTBALL CLUB Rangers.co.uk To unsubscribe, please follow this link: Unsubscribe The Rangers Football Club Ltd, registered in Scotland with number SC425159 registered office Ibrox Stadium, 150 Edmiston Drive, Glasgow, G51 2XD
  5. RANGERS are behaving as though their 120-day business review will have to be crowbarred out of their directors' hands. The more cynical of this club's supporters would not be surprised if the update was delivered in encrypted text this Friday, such has been the apparent reluctance to let the findings out into the public domain. Friday will be day 128, incidentally, and all that has been promised is "update" rather than any extensive illumination of the Ibrox strategy. This is what football has come to: thousands of fans desperately waiting for breaking news on what they would once have dismissed as bone-dry financial strategies. Maybe Graham Wallace, the chief executive, didn't realise he was creating such a hostage to fortune when he announced this business review at the annual general meeting in December, but its significance has mushroomed Directors and fans are in a Mexican stand-off over season tickets. If Wallace placates the masses, damage will be done to the Union of Fans/Dave King attempt to persuade thousands to break the traditional supply chain and instead put their money into a trust fund. But on all available evidence so far it's hard to see what Wallace can deliver which will remotely placate them. Wallace is probably shrewd enough to know what's coming his way when the information is released. In the four months since he bought himself time by announcing this review, Rangers have divested themselves of two figures most of the support considered to be toxic: finance director Brian Stockbridge and public relations adviser Jack Irvine. The club also secured a shirt sponsorship deal with 32Red. Hip, hip hurrays all round? Well, yes, for a moment. Each of those moves was significant, yet they have had no lasting effect on the swirl of negativity around Rangers or the hostility and suspicion shown towards the board. Wallace's own popularity and standing has steadily eroded. At the time of the annual meeting supporters were able to distinguish between him and the rest of the unpopular board. Now, much less so. What can he say in this review that will make the critics pause and say, "actually, yeah, that's not bad, this could win us round"? Three days ago it became personal towards Wallace when his salary and bonus was openly questioned by supporters group The Union of Fans. Maybe £315,000-per-annum really is the going rate for high end football club chief executives these days, although Rangers continue to seem like pushovers when it comes to doing deals with just about anyone. But if Wallace is on another of those 100% Ibrox bonus deals, as his critics clearly believe, fans will see him as being a continuation of the chain of ****s and opportunists when they had hoped he would come in and cleanse the club of them all. What seems likely now is that Wallace's update will exasperate and irritate those fans further, hardening their opposition to the board and deepening their resolve to starve out the incumbent regime by withholding season ticket money. The collapse of King's cordial working relationship with the directors is significant, given that he surely had some sort of insight into Wallace's intended strategy. Positions are entrenched. No fair-minded supporter will reject Wallace's findings on a stubborn point-of-principle. Perhaps he will surprise them and come up with a plan which seems imaginative, ambitious and realistic. But it's only two months since this Rangers board had to go cap in hand for £1.5m in emergency loans just to see the club over the line until the next season-ticket money. At the end of last year the board suggested the players take a 15% wage cut: that was rejected and, since then, nothing more has been heard of it and no other cuts have been publicly proposed. Wallace is on record as saying costs are too high. Money continues to haemorrhage from Rangers. If Wallace's update acknowledges that the club needs either severe cuts or substantial external investment then the latter will be embraced by those who champion King and find it unfathomable, and deeply suspicious, that his apparent willingness to invest has not been encouraged by the Rangers board. What freedom does Wallace have here? This review has been sanctioned by Sandy and James Easdale and the rest of the Rangers board. Would it ever see the light of day if it delivered findings they didn't like? When Rangers said the update would be announced on Friday April 25 (which will be day 127, incidentally), fans immediately clocked that they would have only the weekend to consider it before deciding whether or not to cancel the auto-renewal of their season-tickets (which may not be enough time if it that has to be done in writing). That was either a calculating move by the club or an unthinking one, but either way it looked sleekit and did nothing to build bridges with the support. Wallace and chairman David Somers have both spoken of the need to be more open and transparent with )supporters but done next to nothing to back it up. Wallace will be heard before the week is out, though. His job may pay well, but it's an unenviable one: this week he must calm and win over supporters implacably opposed to the regime he represents. http://www.heraldscotland.com/sport/opinion/wallaces-strategy-update-may-be-too-late-to-win-over-rangers-fans.24005492?utm_source=headlines&utm_medium=email&utm_campaign=email%2Balert
  6. Chaps, I'm not looking to troll or create tension here, but for the life of me I can't work out why any bear can trust or support the current board. I've seen nothing from the board that can help balance up my own feelings and each passing week sees more shit rolled at supporters. So, in the spirit of good debate, what are the good points of the board which gets them support, albeit a small minority, but support all the same from fellow Bears. What are the positives from board.
  7. This should be interesting, renewals before the 120 days. Rangers will launch their season ticket renewal campaign at Ibrox tomorrow. As reported in the Herald today, prices expected to rise by 18%.
  8. When is the 120th day or has it passed? Not sure if we're counting from Wallace's appointment or the AGM. Also, what's the chances of hearing "the review is over and proposals will be out in 4 week" just to keep us hanging on? It's clear the majority of fans don't trust the board so I'm not sure how they can win hearts and minds without making a magnificent gesture which is tangible to us. Even then it'd be viewed with suspicion but our fans are easily led from the Blue Room. Obviously there's talk of a new share issue but is that realistic when they know King might walk in and scoop up the shares, assume control, and go about clearing the decks for his own people? Wallace might welcome this but I highly doubt Easdales and Laxey will. The small matter of BPH and Margerita most likely objecting to their holding and future earnings dwindling is another factor to count in which could scupper any new share issue. Negative loyal!
  9. I'm away on holiday so will miss the game - hope everyone else enjoys it!
  10. Rangers fans want the club to provide a facility by which they can pay extra monies to the club. That is the overwhelming message I am hearing from supporters who want to counter any shortfall from season ticket boycotts next season. Whilst the general perception is that any withholding of season ticket revenue will only actually be carried out by a small hardcore of rebels, loyal supporters are keen to make sure that there is no negative impact on club finances. I already know of bears who intend to buy extra season tickets and many more who might not go that far are still motivated to pay an extra sum on top of their season ticket money. In essence, fans want a fund set up whereby they can donate monies to the club. This would mean that when purchasing season tickets, they could donate an extra £25, £50 or £100 to the club. Another possibility is that when supporters buy merchandise at the Megastore, they are given the facility to pay change towards the fund. Similarly, collection cans could be placed in the food kiosks for bluenoses to stick their change into after buying grub. A donation button could be placed on the club website and events could be held by supporters club with the fund benefitting. I have not spoken to one Rangers fan who is not excited by the prospect of being able to chip in and help the club. This is not a begging bowl mentality by any manner of means – it is fans doing what they can to keep Rangers prosperous. The fund could, of course, be ringfenced for the playing pool or specific projects. It would be easily accounted for in the club accounts and could be monitored by an independent body. Far from it being a stopgap method to help the club through a difficult period, this fund could become an important method of non-equity financing over time. It also gives genuine supporters a chance to contribute to the club’s progress and gives them a say in the club’s destiny. If the money is used for the playing pool, it also helps fans feel good that the players they watch have been brought to the club partly by their own contributions. I think another benefit would be to help unite the divided support and give a focus to bluenoses. It also helps fans become proactive in a positive way. Many fans want to help the club at this moment in time but feel they have no outlet. At this critical point in history, the creation of a fund that fans can pay into purely for the benefit of Rangers Football Club is a great way to keep the wolf from the door and is another buffer against financial disaster. All those people who keep telling us that being the fan of a football team is far more than just being a consumer now have the opportunity to put their money where their mouth is and prove their argument. The principle is simple: If you love your team, step up and pay! Would you happily pay extra money to keep Rangers strong financially? If so, let me know in the Comments below or contact the club direct. http://www.rangers.co.uk
  11. http://www.heraldscotland.com/news/home-news/qa-rangers-chief-executive-graham-wallace-on-finances-the-review-and-the-clubs-future.1396009021 Can somebody copy and paste.
  12. http://www.vanguardbears.co.uk/a-shameful-state-of-play.html
  13. According to The Sun. They're contracts won't be renewed but Cribari will be offered a role in youth development. Apparently both are on £5.5k a week. Can't say I'm bothered with this news.
  14. Find myself without a lift again, so if anyone leaving from (or passing through) Motherwell tomorrow has a space in their car, could drop me at the broomloan end between 11pm & 11.30pm and is returning back to Motherwell after the game please send me a PM. Taking some petrol money from me will be compulsory!
  15. .....players must prove they belong at Ibrox after dismal display in Cup. BARRY believes Ally McCoist's men are now playing for their futures at Rangers in the wake of the shock draw with Albion Rovers. EMBARRASSING. The word has attached itself to Rangers for one reason or another over the last few days and I must admit I don’t like it one little bit. Like when Ally McCoist said it wasn’t embarrassing to draw at home to Albion Rovers in the Cup, some people had a go at him for it and thought the manager’s reaction was an embarrassment in itself. Not me. Then Ian Black asked the fans, ‘What more do you want?’ To tell you the truth, I could see where he was coming from too but there was something about the way he said it that did make you want to cringe. And all this over the space of a few days when the team has just won another title. Maybe people will say it was embarrassing for Rangers to be seen to be celebrating that success too because right now it seems my old club just can’t win, even when they are winning. But you can count me out of that camp right away. Yes, it might only be League One and, I agree, there is a big difference between lifting that championship and beating Celtic to the big one in the top flight. Of course there is. But a title is a title all the same. When Coisty and the players started out this season they had a job to do – to win the league and get the hell out of the division as quickly as possible. Well here they are seven months later, job done. With nearly three months to spare. Yes, I know it hasn’t always been great in terms of the quality of the football that has been played along the way. But that will be forgotten about over time and the record books will show that Rangers chalked up two straight promotions on the journey back up through the divisions. So don’t tell me these guys don’t deserve to celebrate what they’ve done. That’s just mean-spirited and spiteful. But – and yes, there is a but – these players must also realise that some of their displays over the course of the season have left a lot to be desired. And I’m talking here in particular about the performance against Albion at the weekend. Because if any of the boys in the team think that was acceptable then they are at the wrong club. I watched the game and it wasn’t great. Look, there were some mitigating factors. I’ll give them that. For instance, these Albion Rovers kids were having the day of their lives. They went to Ibrox knowing they might never play at a stadium like that again. It was a one off and they gave everything they had for their team and their manager, who went there with a game plan. At times it was five at the back and five across the midfield. But good luck to them. They did what they set out to do. Was it embarrassing for Coisty? Knowing the way he thinks I’m sure that inside he was hurting badly. But he did the right thing by not saying so in public. He was absolutely correct when he said that. Had he done so he would have been showing complete disrespect to his opponents. He certainly doesn’t deserve to be criticised for good manners. I understand Rangers fans expected a lot better. I understand because I am one of them and I did too. But no one will have felt more let down by that performance than the manager. He might not say so outside the dressing room but he knows more than anyone what is required and expected of Rangers. Yes, they should be skelping Albion Rovers by four or five goals. So scraping a 1-1 draw WAS probably embarrassing. But it happened and it’s the manager’s job to deal with it and move on. I have no doubt he’ll have given his players a very different message in the privacy of that dressing room. He’ll have been furious and, from personal experience, I know he won’t have missed his targets behind closed doors. Put it this way, he won’t need a long team talk before the replay. If anyone in that team doesn’t know what is at stake on Monday night then there is something wrong with them. In fact, maybe it’s not just the Albion Rovers boys who might never play at a stadium like Ibrox again because a few of Coisty’s own players will now be playing for their futures. A lot of these guys are on good money and the truth is they have not been giving value back to the club, the manager and the supporters. I am positive Ally will have already made his mind up about some of them. He will know which of them needs to be replaced in the summer. The problem he has right now is that he still doesn’t know if he’ll have enough of a budget to make the changes he’d like to ahead of next season in the Championship. And that uncertainty makes it hard for him to be as honest about these players as he might like to be. You can’t throw a guy under the bus one week then ask him to go out there and play for you again the next. They are all he’s got right now and, at this moment in time, he needs to do whatever he can to bring them with him and get them to up their game. I’m learning myself about how difficult life can be as a manager. Thankfully I won my first game as Blackpool manager on Tuesday but I realise there is a lot of hard work ahead if we are going to turn our own season around. I know how hard I am working on the training field in trying to get my message across and to get the team to play in the manner I want. I changed my game plan completely on Tuesday night and it worked for us but when you send them out across that white line you are a hostage to fortune. You ask players to do a specific job and sometimes it just does not happen. That’s why I have some sympathy for Coisty. We both know the buck always stops with the manager but there comes a time when the players must take their share of responsibility too. When I came back to Rangers after my move to Blackburn I knew there were a lot of fans who didn’t want me back. I knew because they weren’t slow in telling me. So it was down to me to go out there and prove my worth. Every time I pulled on that shirt, I knew my own reputation was going on the line. Maybe it’s about time some of the guys in that dressing room started to see things the same way. If their attitude isn’t right then there is no place for them at Rangers. It’s not too late to save themselves – they could end this season as heroes if they go on to win the Scottish Cup. But to do that they need to give themselves a shake and accept there is more to being a Rangers player than just turning up for training at Murray Park. And I expect to see them prove it emphatically on Monday night. http://www.dailyrecord.co.uk/sport/football/football-news/barry-ferguson-title-win-great-3240280
  16. http://www.heraldscotland.com/sport/football/mccoist-to-meet-wallace-to-discuss-summer-signings.23632214
  17. 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
  18. Seems the board have summoned king to a showdown meeting with the board to explain his statements in the media. http://www.bbc.co.uk/sport/0/football/26420403 Hope he tells them to bolt!
  19. Matthew Lindsay NEARLY 5,000 Rangers fans have committed themselves to withholding season ticket money from the stricken Ibrox club in under a week. The Union of Fans, an umbrella group comprising six supporters organisations, wants to pool the cash in a trust until their demands are met. The controversial move follows a call by former Gers director Dave King last week for supporters only to release the funds on a "pay-as-they-play" basis. It is a radical plan that has sharply divided opinion among the Light Blues support and has been condemned by senior officials at the Ibrox club. Two statements released by Rangers last week called the development "de-stabilising" and "divisive" and claimed that it would "benefit no one". But the Union of Fans have been inundated with pledges of support from fans who are unhappy with the way the SPFL League One leaders are being run. Just under 5,000 of them have contacted the union website since the scheme was announced on Thursday to indicate their intention to withhold their money. Craig Houston, the mastermind behind the Sons of Struth protest group, revealed the number had exceeded the expectations of Union of Fans activists. He said: "The figures are fantastic. I thought we would maybe get close to that sort of figure after a week or so. To get that in a couple of days is amazing. "We have been blown away by the responses we have received in such a short space of time. "We have some initiatives that we are working on that we hope will rapidly increase the number of fans who want to lend their support to the plan." The terms of the £1million loan that Rangers have agreed with Laxey Partners, the largest shareholders in the club, have angered many supporters. The Isle of Man-based hedge fund is set to make a £150,000 profit on the loan when the money is paid back to them in full this September. And the fact the loan has been secured on Edmiston House and the Albion car park facilities also worries followers of the Govan giants. Fans want to have a representative on the club board to look after their interests and are keen to receive guarantees about how the club is run. King released a lengthy statement on Saturday that hit back at the board's response to his call for fans to pool their season ticket money in a trust. He will travel to Scotland from South Africa soon to ensure the trust is set up legally and to help create a fund that secures fans an "influential stake" in the club. He also claimed that former chief executive Charles Green, who led the consortium that bought Rangers in 2012, could still be "de facto" controlling the club. His statement read: "The board wants fans to lend money at no interest and with no security. Rangers fans are loyal but not stupid." lRangers last night rejected internet rumours that the club will enter administration for a second time on Wednesday. A spokesman said: "There is absolutely no truth in these claims."
  20. Retweeted by Frankie Andy Newport ‏@Andythemod9 5m Brief interview with Dave King to hit @PressAssocSport wires soon https://twitter.com/GersnetOnline
  21. ..............haven't become any clearer with passage of time at Rangers. KEITH re-examines Graham Wallace's short spell as CEO at Ibrox and finds that events and decisions that at first didn’t appear to be very clear in strategy seem even more blurry and confused now. THE never-ending Rangers crisis is a fast-moving thing. Often the picture changes so quickly that it becomes hard to keep up and almost impossible to remember how it looked before. Dave King’s grenades over the last five days, for example, have altered everything beyond recognition once again. Of course, it may all be different by the time you’ve finished your morning cuppa but, as things stand right now, King appears to be the club’s only viable long-term hope. In the space of four days, King launched two blistering attacks on the Ibrox hierarchy from his South African bunker. These were the opening salvos in what will soon become an all-out war for control and already the current regime looks shaken and vulnerable. In fact, its credibility may be damaged beyond repair. When Graham Wallace was shoehorned into this farrago towards the end of last year, his appointment as the club’s chief executive was something of a masterstroke for a board which had lost the trust of its own customers. In Wallace they found an acceptable corporate face. A man of integrity, experience and substance. Someone whose very presence was enough to ease anxiety levels amongst supporters and investors. Wallace was the calm ahead of a predicted storm at the agm which, at one stage, had threatened to hit the top of the old marble staircase like a tsunami, wiping out its incumbents. After his arrival, though, it petered out into a non-event. He spoke with measure and authority. He asked for time – 120 days to be precise – to put his plans in place and also insisted the club was not hurtling towards another insolvency, despite all of the irresponsible scaremongering you may have come across in places such as this one. “Nothing to see here, folks. Keep calm and carry on spending your blue pounds.” And, for a while, largely because of Wallace’s gravitas as a front man, it worked. But now that everything has changed again it does seem like an appropriate moment to re-examine some of Wallace’s words and actions. Wallace’s problem here, where his own credibility is concerned, is that events and decisions that didn’t appear to be very clear in strategy at the time seem even more blurry and confused when viewed through the 20-20 lenses of hindsight. Let’s rewind first to the middle of January. If you recall, all things Rangers were back on a high state of alarm after news emerged from the dressing room of potential 15 per cent wage cuts across Ally McCoist’s first-team squad. On January 17, in an exclusive Q&A with this paper, Wallace played down the significance of this, dismissing it first as a “conceptual discussion” before adding: “This is not about a need for any immediate drastic action.” All of which soothed a few frayed nerves. But then something very strange happened when Nottingham Forest weighed in with a bid of around the £1million mark for Rangers left-back Lee Wallace. The CEO chose to kick this offer into touch, a move which, once again, suggested that the club’s finances must be a great deal more robust than many of us on the outside had believed to the case. Wallace said around that time: “Without putting a number on it, there is sufficient cash in the bank. Come April we would be confident that the club will have sufficient cash in the bank in order to maintain our operations.” Got that? No need for immediate drastic action. Sufficient cash reserves in the bank by April. Now fast forward to February, little more than two weeks after the Forest bid was rejected. Record Sport broke the news that Wallace was on the verge of securing a £1.5m emergency loan from two shareholders, Sandy Easdale and hedge fund group Laxey Partners. This deal was then ratified and rubber-stamped a week ago today when Wallace confirmed that Laxey would be paid a whopping £150,000 for the favour. So now, in retrospect, the decision not to take £1m from Forest for one of their players seems utterly incomprehensible. Because, even if that million was to be paid up in two or three separate instalments, surely it would have been more favourable for Rangers than the terms of the deal which now sees a bunch of hedge fund managers positioning themselves as the club’s major creditor. Make no mistake, this was a hugely smart piece of business by Laxey Partners. Not only are they charging exorbitant, high-risk interest rates of more than 30 per cent APR, they have also secured their loan against the Albion car park which is worth many times more potentially than the £1m they have handed over. In fact, a cynic might suspect that ultimately Laxey will be hoping the club is in no position to repay this debt in full because ownership of the car park might give them a great deal more bang for their buck. There is, you see, an interesting subtext to this arrangement because, as per a planning agreement from the time Ibrox was redeveloped, the 7000-capacity Club Deck cannot be opened for business unless the car park is available. So the closure of that piece of tarmac, for whatever reason, could be very costly for Rangers. In other words, Laxey now has the club by the short and curlies. What’s more, in the event of another administration – as improbable as Wallace makes such a Doomsday scenario out to be – they would also retain control over the entire process. There is another man in the middle of all of this who has gone about his business with much more stealth. His name is Norman Crighton, the recently-appointed chairman of the club’s investment committee. And a man with friends in high places at Laxey. So should we really be surprised that thus far Crighton’s contribution to this saga is to propose and recommend a loan with his old pals? Again, this is where Wallace’s credibility takes a bit of a pounding as it was left to him to take centre stage and talk this deal up rather than present it for the disaster that it almost certainly is. He said: “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.” And this from the mouth of the same man who said in January: “The business has to be able to stand on its own two feet without huge amounts of investment coming in just to fund the on-going operation. “It’s not a case of looking for investment to cover on-going operation losses. That, to my mind, makes no sense at all.” You said it, Mr Wallace. Come to think of it, Dave King himself couldn’t have put it any better.
  22. https://twitter.com/TheSundayLife/status/439897127913656321/photo/1
  23. ALLY McCoist has stressed he needs cash to strengthen his squad this summer if Rangers are to challenge for the SPFL Championship next season. Disgruntled Gers supporters this week threatened to withhold season ticket money in the summer unless a series of demands are met by the board. The Union of Fans - an umbrella group comprising the six main supporters' organisations - was responding to a call from former director Dave King. The South Africa-based businessman urged supporters to pool their season book money in a trust until they had been given guarantees about the club's finances. And the Castlemilk-born multi-millionaire also urged them to demand representation on the board before releasing on a "pay-as-they-play" basis. Gers boss McCoist has refused to get drawn into the increasingly tense stand-off between the two factions and is instead concentrating on football matters But he did admit that he will need money to bring in new players in the close season in order to challenge for a place in the top flight in the 2014/15 campaign. McCoist said: "I'd like to add to the squad. We've got to strengthen to continue the build. "I don't want to start the build by losing people rather than getting people in. "I think the Championship is a lot stronger than a lot of people think. The majority if not all of the teams are full-time." McCoist added: "I'd far rather being in a position to strengthen to move forward, not just for next season but for longer term as well. "Without strengthening ahead of next season there would be no guarantees (of promotion). It would be very tough. "But Graham (Wallace) and the board share my concern because they want to continue improvement and continue the success on the park and get us right back." Meanwhile, McCoist has confirmed he would like to keep Arnold Peralta at Rangers - despite the Honduran claiming he wants to leave this summer in an interview with a website in his homeland. He said: "It's a delicate issue as I don't know what he's thinking. But I would like to keep him." http://www.eveningtimes.co.uk/rangers/mccoist-gers-need-ticket-cash-to-move-forward-154164n.23570268
  24. Dave King’s latest intervention in Rangers’ affairs is as welcome as a fart in a spacesuit. His call for fans to boycott the club in terms of buying season tickets – and his ridiculous idea to drip-feed monies to the club – is a blatant attempt to destabilise Rangers. King’s statement is a smoke and mirrors job for me and the club has had to shoot down in flames a newspaper’s assertion that the South African-based businessman had offered a £1 million loan interest free to Rangers. It could be reasonably argued that if Dave King does intend to invest in Rangers, his latest pronouncements have a good chance of driving the share price down. A cynical ploy it could be argued. I noticed that King mentioned he had lost £20 million at Ibrox previously. As I recently blogged, there is some dispute about this. However, if it is true it is a pretty self-damning example for King to use, given that he was a director in that previous regime which ended in the sale of the club for a shiny pound to a certain Craig Whyte. Hardly the best track record for success – “I lost £20 million of my own dough so let me have another go!” I have nothing personally against Dave King. I previously blogged of his potential to be a unifying figure at Ibrox. Sadly, he has become a divisive figure and is feeding Rangers-haters with every doom and gloom pronouncement he makes. Yes, there is a need for a short-term injection to help the club through a potential shortfall in income. In response up stepped Sandy Easdale with an interest-free loan while non-shareholder King is dreaming up schemes to hold the club to ransom and strangle cash flow. No doubt King’s comments will be met with glee by the fifth column in the Rangers support. I don’t propose – unlike some – to speak for other fans but I find his ideas to be nothing less than a crude concept of extortion which would hold the club in thrall to the whim of fans. In short, yet another attempt at fan power – otherwise known as mob rule. I have no doubt some fellow fans will share my repulsion at this power grab by a man who talks big but doesn’t get put his wallet where his mouth is. As far as I am concerned, King is nothing but a tyre kicker and we will never see the colour of his money. My message to Dave King is simple: Butt out or match Sandy Easdale pound for pound and give Rangers an interest-free loan. http://billmcmurdo.wordpress.com/blog-2/
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