Search the Community

http://www.telegraph.co.uk/sport/football/teams/rangers/11292997/Mike-Ashleys-Rangers-regime-admit-it-is-very-difficult-to-win-over-fans.html ' Mike Ashley’s right-hand man at Ibrox has admitted that overcoming the Rangers support’s lack of trust in the board will be “very difficult”. Derek Llambias, formerly managing director at Newcastle United, has imposed an austerity regime at Ibrox which has seen long-standing staff axed, a factor understood to have contributed to Ally McCoist's decision to work his 12-month notice period as manager unless the directors find the cash to pay off him along with his backroom staff. Unhappiness with team performances has grown – Rangers are nine points behind Hearts in the Scottish Championship promotion race and lost 2-0 to Queen of the South on Friday – but the greatest source of disenchantment is with the directors. The decision by the Rangers plc board to favour a £3million loan from Ashley over a £16million takeover bid from former director Dave King has alienated many fans from the owner of the Sports Direct chain, which markets the club’s merchandise. Rangers’ most recent accounts confirmed Telegraph Sport’s disclosure that Rangers had lost more than £8million in the last financial year. At the annual general meeting on Dec 22 the board will ask for approval for an £8million share issue but, more immediately, cash flow is threatened by plunging gates, with the club admitting to a 19,000 attendance for the visit of Cowdenbeath last weekend, although insiders say that the crowd was actually not much above 15,000. “We need to re-establish credibility with the fans, which is going to be very difficult,” Llambias told the most recent meeting of the club’s Fans Board. “What is obvious is that we need cash to stay in the club and not go elsewhere. We are cutting back as much as we can and put it onto the park “We’ve cut as much as we can. Our strategy is that we’re not affecting the playing area. We’ll be looking to review pricing of match day and season tickets to ensure we’re as competitive as we can be. Pricing and value are two key areas that we’re focusing on.” Llambias also revealed that Rangers had made several attempts to secure a deal with Charlie Telfer, the 19-year-old midfielder whose move to Dundee United cost the Tannadice club £204,000 development compensation. “He went for less money because he wanted first-team football,” said Llambias. “Four different offers were made throughout Charlie’s contract term, all of which were refused.” Sandy Easdale, chairman of Rangers football board – who is another target for disaffected fans – revealed that live match fees could not make up for the slump in attendances. “Match attendances are down UK-wide right now,” he said. “We’d rather fill the stadium than broadcast live as we don’t make as much money. Rangers TV costs us money – a lot of money as it stands right now. The club is subsidising this. This is not as big an issue when we’re back in the Premier League.” Telegraph Sport revealed that the board had been wrong-footed by McCoist’s decision to hand in his notice. At the meeting with the Fans Board, which preceded the manager’s shock announcement, Easdale said: “As far as we’re concerned the management team will remain in place. We had a good meeting with the manager today and we will continue to have ongoing dialogue with the management.” The Fans Board was told by Easdale that Rangers have a financial dividend coming at the end of December from Sports Direct but that the club shops in Belfast and Glasgow Airport had lost £600,000 between them. He added that Rangers get £10 per shirt sold by Puma and have leveraged Sports Direct to get a better deal. Easdale assured the Fans Board that they would be the club’s means of communication with supporters “as exclusively as possible”, a policy that sets the board on a collision course with dissident groups such as the Rangers Supporters Trust who, along with the Union of Fans, are intent on securing five per cent of the club’s shares, so that they can requisition extraordinary general meetings. Meanwhile, McCoist is due to meet Llambias and Easdale on Wednesday to discuss his future at the club, with the bookies already quoting odds on Terry Butcher and Stuart McCall as possible successors. However, the problem remains that Rangers do not have the £15million required to pay off the manager and his backroom staff'. Yikes, Ally's on more than we thought !

http://www.therangersstandard.co.uk/index.php/articles/current-affairs/332-rangers-2014-accounts-analysed An informed and dispassionate analysis of the accounts from Arnold Black.

The emergence of Mike Ashley as the key shareholder in Rangers has raised many questions on what his exact intentions are. Some are of the opinion that billionaire Ashley will invest millions into Rangers which sees us dominate Scottish Football and participate in the Champions League. The conflicting aspect of Ashley investing in Rangers is the fact he has complete control of the income generated by the sale of club merchandise and the £1 stadium naming rights, although denied in certain quarters as scaremongering, was only just revoked after pressure to comply with possible fiduciary duties. Why invest millions when he’s taking money out of the business?........... http://www.therst.co.uk/mike-ashley-what-are-his-intentions/

http://www.gersnet.co.uk/index.php/latest-news/299-an-open-letter-to-ally-mccoist Also available in the print edition of the Scottish Daily Mail (5/12/2014)

Scottish FA chief executive Stewart Regan has expressed concern over Rangers' financial position, saying it is "concerning for the Scottish game". The Ibrox club have admitted they may not have enough cash to meet costs between now and the end of the year, having taken £3m in secured loans from Mike Ashley for short-term working capital. "Well obviously it is concerning for the Scottish game," Regan told STV. "We would all like to see Rangers improve their financial position in order to bring money to the game of football in Scotland. "Rangers have got a strong economic impact, not just for Glasgow but for Scotland generally. "In that regard I know the fans are desperate to see success again. They are desperate for stability. "They've had a number of years of ups and downs now and I think they are hopeful they will get some certainty and stability in the future." In a statement to the Stock Exchange earlier this month, Rangers made clear their dire financial situation. "During the autumn, the club has suffered from lower than expected match attendance which has exacerbated the financial condition of the business. "The directors have begun a cost cutting exercise, but further working capital in addition to the facility will be needed before the end of the year." http://sport.stv.tv/football/clubs/rangers/301050-regan-rangers-financial-position-is-concerning-for-scottish-game/

Some more analysis from Graham McLaren on TRS: http://www.therangersstandard.co.uk/index.php/articles/current-affairs/331-what-now-for-dave-king

Some words on recent events from yours truly via TRS: http://www.therangersstandard.co.uk/index.php/articles/current-affairs/330-the-fog-on-the-clyde

THE WAR is over. The retailer has won. This morning Graham Wallace will be fired from his position as Rangers chief 
executive and this crisis-ravaged club will belong lock, stock and smoking barrel to Mike Ashley. Quite what Ashley has planned for it is still a matter of conjecture but the ruthless manner in which he went about last week’s power grab certainly suggests he wants it badly and also sees a way to make a killing by rolling his tanks into Glasgow. He now has security over two 
of the club’s major assets, the 
Albion car park and Edmiston House, and when his placemen arrive in the boardroom this week he’ll have grabbed this club firmly 
by the throat. As with everything Rangers, Ashley’s arrival on the scene will be spun in a variety of ways. The dark arts were evidenced 
over the weekend when it was leaked that, without his intervention, this basketcase would have gone bust within 48 hours. There were even muffled whispers from the shadowy sidelines Ashley had in fact ‘saved the club’ but the very notion the Newcastle United chairman had ridden to Rangers rescue in some sort of philanthropic or heroic act is completely absurd. In many ways, what actually went on amid increasingly frantic 
discussions on Thursday and Friday was a throwback to May 2011 when Sir David Murray invited Craig Whyte to trigger this omnishambles and set in action the catastrophic chain of events that has now led to Ashley’s increased involvement. That deal was a great bit of 
business for Whyte and for Lloyds Bank in particular – the £18million they recouped from the sale remains the outstanding trade of the last three and a half chaotic years – but it was a spectacularly awful one for the Ibrox club. Similarly, by taking control of Rangers for the price of a £2m loan, every penny of which will be paid back, Ashley has pulled off a serious coup in more ways than one. This is why he is known as the biggest beast in the jungle but even the Newcastle owner must be laughing up the sleeve of his safari suit at the way in which he managed to pull this one off. It was typically bold and eye poppingly aggressive and it included issuing the remnants of the Rangers board with threats of legal action both collectively and individually, should they turn him down in favour of a £3m loan from Brian Kennedy. Each of these directors was warned of potentially devastating repercussions should Ashley not get his way and as a result Rangers is his now to do with as he wishes. And all for less than the cost of a Sports Direct poly bag. It was an extraordinary stunt and it’s no wonder Sale Sharks owner Kennedy left Glasgow on Saturday still unsure as to how on earth the dysfunctional Rangers board – a collection of directors who have run the business into the ground – could allow it to happen in spite of his impassioned pleas. The farce began with the rejection of Dave King’s £16m bailout offer by the mysterious bloc of shareholders whose 26 per cent voting rights are represented by Sandy Easdale. On Thursday CEO Wallace, who knew his £300,000-a-year neck was now well and truly on the line, reached out to Kennedy and pleaded with him to make a counter offer. Kennedy worked through the night with his legal team to come up with his £3m offer, dependent only on him being allowed to place one man on the current board. He flew to Glasgow at lunchtime on Friday in the hope of getting the deal done. Kennedy was wasting his jet fuel. Not one of these directors was even at Ibrox on the day it was determined Ashley should be handed the keys. The fact all these discussions were held via conference call, underlines how little feel for the club these men have. Wallace headed for a beach in Greece despite being urged by at least two key protagonists to 
postpone his holiday for 24 hours. Finance director Philip Nash went one better by resigning and washing his hands of the entire Ashley v Kennedy showdown. That Nash threw in the towel is an indication he suspected the game was up and that another director, Laxey’s lackey Norman Crighton, had jumped camps at the last minute. Crighton had voiced his concern at Ashley’s move and had even said the Cockney must be stopped ‘at all costs’ but he performed a 180-degree turn at the last minute to leave Kennedy’s proposal in tatters. Chairman David Somers is another who may have cause to be persecuted by his own conscience. At least Nash had the principle to resign from his £1,000-a-day post. While Wallace was clinging on for dear life for his pay-off, Nash wanted no part of it and this included telling Ashley’s people he was unwilling to work for their man in the event he was successful. Having previously called for the removal of Nash and Walllace, Ashley had a change of heart. It’s understood he wanted Nash on board after crediting him with making £5m worth of cuts since February. One of those cuts was to a contract worth in excess of £100,000-a-year to Ashley’s own PR firm Keith Bishop Associates. This agreement was done as part of the £1 stadium naming rights deal Ashley agreed with Charles Green and which was signed off by Imran Ahmad – who then sued Rangers for £300,000 in bonuses for all of his good work. Deals like these are precisely why Rangers should brace itself for the full impact of Ashley’s arrival. He already pockets 49 per cent of all income from merchandise sales but may think this arrangement can be tweaked and improved in his favour. With two of his men on the board, a compliant chairman and confirmed allies in James Easdale and Crighton, he can do pretty much as he pleases. The only comfort in any of this for the Rangers supporters is to be found in the depth of Ashley’s pockets. He will not allow this club to go under, that much is certain. But from here on in Rangers will be run his way and for his benefit. http://www.dailyrecord.co.uk/opinion/sport/keith-jackson-mike-ashleys-rangers-4515761

To be in the position to call the shots over one football club is the stuff of many football fans' dreams. To potentially exert control over three, however, is a matter for concern. That's the accusation that the Scottish Football Association is levelling at Neil Rankine, a 62-year-old businessman who has a long association with game in the country. Mr Rankine owns 50 per cent of the shares in the company which owns Livingston Football Club, who play in the Scottish Championship. But the Scottish FA feel they have evidence which proves he has undue influence over League Two side East Fife Football Club as well. They also allege he can affect matters at Dumbarton Football Club, through a £200,000 loan owed by the company's owners. Scottish football's governing body have called for an independent panel to rule on its evidence on October 22. But as even Mr Rankine's involvement with Livingston is, on paper, at arm's length, the Scottish FA charge is levied against the club, rather than the individual. Their compliance officer Tony McGlennan has taken on a case initiated by his predecessor Vincent Lunny in which it is accused four separate rules have been broken through Mr Rankine's alleged link to the other two clubs. If found guilty, the punishment for Livingston could range from a financial penalty, through to a suspension from the Scottish Cup, or even a ban or expulsion from fielding teams in this country altogether. There is also an alleged rule breach relating to Mr Rankine's eligibility as a fit and proper person after Livingston named him on a document sent to the Scottish FA last year which was subsequently withdrawn. This relates again to his alleged interest in more than one club but it is also unclear whether it also relates to his bankruptcy in 1989 and whether it was declared to the governing body. So who is Neil Rankine and what is his interest in Scottish football? Mr Rankine was part of the group who rescued Livingston from liquidation in 2009 from the Italian businessman Angelo Massone. He owns 50 per cent of the shares in Livingston 5 Limited, which in turn holds just under 91 per cent of the shares in Livingston Football Club Limited. Previously he was the owner of Dumbarton, but crucially he left over £200,000 when he sold up in 2008, agreeing for the money to be repaid within five years. His link to East Fife, it is alleged, comes through his links to Lorraine Twigg, their biggest shareholder, and her daughter Samantha. Neil Rankine's role at Livingston In addition to his shareholding, Mr Rankine also claims he is owed around £500,000 from the club in loans he has paid to cover running costs. These loans are not currently repayable as part of an agreement struck by all directors at the time of the club's purchase. Rankine also claims he paid an emergency loan of £150,000 in September 2013 after being called in to evaluate the club's spiraling running costs, £100,000 of which has been repaid. He also states that other directors - namely Carolyn Sumner and Robert Wilson - have had their combined loan of approximately £75,000 returned. Allegations of involvement in East Fife Lorraine Twigg and her daughter Samantha currently own between them 58% of the total shares in East Fife. Mr Rankine says he advised Mrs Twigg to purchase the shares in the early 2000s as an "investment". Speaking of his advice to Ms Twigg, Mr Rankine said: "They had no money. They were going to go out of business. There was a bill from the Anglian Water Group, who owned Morrison Construction. They were going to foreclose on them for £280,000. That was a long time, so bear with me if the figures are a bit out. "I encouraged Mrs Twigg and her father that would be a sensible investment because at the time, I was sitting on a large offer for Dumbarton Football Club, which fortunately I didn't take because I sold it for three times more in 2008 to the current owners. "It's purely an investment. Mrs Twigg and myself have never been at any board meetings or had anything to do with the running of East Fife Football Club." Mr Rankine does not deny having a personal relationship with Mrs Twigg during a period of time when she was the biggest shareholder in East Fife. He does deny having any "involvement or shares" in the club but says he loaned the club £5,000 in 2003. In a follow-up interview with Mr Rankine, he stated he is now an advisor to Mrs Twigg. He stated he recommended the installation of Sid Columbine as chairman several years ago. He also outlined how he acted as an advisor for Mrs Twigg when a potential bidder for her shares came to the table. Mr Rankine didn't outline the date of the talks but the group in question are on public record as having given sponsorship money to the club from 2011 onwards. Mr Rankine made clear how he held discussions with the group over a £1.2m offer for the shares, advising Mrs Twigg he was unconvinced by their long-term plans. He also advised East Fife, on behalf of Mrs Twigg, to put £100,000 earned from a cup match with Rangers into a bond "for rainy days". We spoke to Jim Stevenson, the current interim chairman at East Fife FC. "He's certainly not running East Fife nor knows what's happening at East Fife," he said of Mr Rankine. "I've known Neil for a long time. I know a lot about him. But I've been in football a long time. Any dealings have been through football at Livingston and Dumbarton." East Fife's alleged financial assistance to Livingston Mr Rankine has alleged to STV that he facilitated a loan to be paid by Mrs Twigg to Livingston Football Club to help them urgently meet their running costs. "Ged Nixon sourced [a loan] directly from Mrs Twigg for £40,000 in 2012. The loan was directly sourced by Mr Nixon from Mrs Twigg. "He was desperate at that time and the person who was paying the bills at that time. I told him then I was giving him no more money. "If he needed money, Mrs Twigg is a wealthy woman. Mrs Twigg may have some money but he would need to pay any penalties she had for lifting that money and he would need to pay any interest on that money. He sourced that money directly from Mrs Twigg." Mr Nixon does not deny sourcing the loan. "Both Gordon McDougall [Livingston chairman] and myself collectively contacted Neil Rankine regarding a loan to the club," he told STV. "[Rankine] was on holiday at the time and couldn't access funds. "He suggested and arranged the loan through Mrs Twigg and we agreed to meet the penalty she incurred for lifting the funds from her account. That penalty was paid in cash to Mrs Twigg and Mr Rankine together on a subsequent visit to the club. "The agreed repayment of the loan was met whilst I was still at the club although one installment had still to be met after my departure. I can only assume it has since been met. "The loan was added to Neil Rankine's director loan account as lodged in SAGE and subsequently reduced on SAGE as repayments met and fully audited. "Mr Rankine signed his director's loan account at every subsequent year end as being an accurate reflection of his outstanding loan figure and Mr Rankine, at no time up until my departure, questioned it being overstated as a result of the loan in question not being attributable to him." Allegations of involvement in Dumbarton Mr Rankine by his own admission is still owed £200,000 by Brabco 736 Limited, who through a myriad of similarly named accounts, own Dumbarton Football Club. The money was loaned at the time he sold his interest in the club in 2008. "There's no question I got lucky at Dumbarton," he said of his time there. "I made a lot of money at Dumbarton. I've made money nearly everywhere I've gone. I've had a couple that have went wrong but in general terms when I put money into something, it usually succeeds. "When I bought Livingston Football Club, it was all over the papers. Every newspaper. I was on the telly sitting beside Gordon McDougall. At that time, Dumbarton Football Club owed me, and still owe me, £200,000. I didn't see that as a conflict of interest. "Dumbarton have been asked if I have had any influence on them. I have not called up that loan. The five years have elapsed. I could have sued in April of last year. I could sue in April of this year." Gilbert Lawrie, Dumbarton's chief executive, clarified the position from his club's perspective. "He is owed £200,000 by Brabco. There was a legal agreement until March 2015 for that to be repaid. "He could have have sued one person within Brabco. I am not willing to say who. It's a personal security between that individual and Mr Rankine. "It definitely has nothing to do with the football club. It's a private transaction between Mr Rankine and a private individual." Asked if he rejected the allegation that Mr Rankine could exert control over Dumbarton, Mr Lawrie responded: "Absolutely". What links the three clubs? There are three things in common between Dumbarton, East Fife and Livingston. All have stadiums which are on expanses of land potentially ripe for sale and development by another party. So is that what attracts Neil Rankine to football? In summary The Scottish FA will present their case to a judicial panel, after various delays, on October 22. A guilty verdict on any count will see a punishment meted to Livingston, rather than Mr Rankine himself. Whatever the outcome it will signal only part one in what is likely to be an unravelling of affairs at the club. The next big date will come in the Court of Session next year when their former chief executive Ged Nixon attempts to sue for the immediate repayment of £311,000 he says he put in to the company through director's loans. If he's successful, it could potentially lead to other directors calling in their debts. Either way, it's likely to lead to a ugly public battle as both sides lodge accusations about each other's conduct. The club are also facing sanctions from the Scottish Professional Football League over allegations they themselves have made against Mr Nixon over cash payments made to players which were not declared to the league or HM Revenue and Customs. http://sport.stv.tv/football/clubs/livingston/294837-neil-rankine-his-dealings-with-dumbarton-east-fife-and-livingston/

For anyone who isn't already aware, I have been elected to the Rangers Fans Board to represent fans who attend away matches. Rangers are creating email addresses for direct contact with the Fans Board Members but they will not be live until after the first meeting on 6 October. In the short term if anyone has any particular issues or concerns that affect “fans who attend away matches”, can they please post them here. I said that “I will arrange an early meeting with Susan Hannah”, the Ticket Office Manager. I have kept this promise. The meeting will take place on Monday when I will try to get answers to any immediate concerns. TB has already raised a number of points: Possible profiteering by charging Rangers fans higher than normal prices. I responded that “I think that there is a league rule about that but there will be ways round it I'm sure. I did notice at Alloa that £18/£9 was posted at the away gates and that is what we were charged, well I was anyway, not quite old enough for a concession.” Children’s ticket availability and pricing. I replied that “If that is a league issue I will pursue with Mr Doncaster.” Small allocations and how to divide between supporters’ buses and those who travel independently. If anyone has recent evidence of any of these situations can they please post here or PM me as appropriate. SB commented about “the variables Ulster Bears must contend with and the size of support travelling over for home games”. This is not my constituency per se but I responded that “If you have an issue that relates to travelling or attending or otherwise is relevant to away matches please let me know”. STB commented about “the short notice between being allocated a game and the payment getting taken.” I replied that “I think the issue is the short notice Rangers often get from the other Clubs and the fact that they need to collect and pay for the tickets within a certain period.” More information on any of the above issues would be helpful and feel free to add anything else. On a more general note, I have taken on board the comments about the categories and would welcome any other comments about organisational issues since these will be discussed at the first meeting.

...over alleged £3.2m tax fraud. MESSI and his dad, Jorge, are accused of taking part in a plot to cheat the Spanish authorities out of £3.2million by hiding the footballer's huge earnings from sponsorship deals. LIONEL Messi was yesterday ordered to stand trial accused of a £3million tax scam that carries a maximum six-year jail sentence. The world’s greatest footballer will stand in the dock next to his father and agent, Jorge. They are accused of taking part in a plot to cheat the Spanish authorities out of £3.2million by hiding Messi’s huge earnings from sponsorship deals. It’s alleged the father and son used front companies in tax havens including Belize and Uruguay to sell Messi’s image rights between 2007 and 2009. The Barcelona and Argentina superstar has deals with companies including Adidas, Pepsi, Procter and Gamble, Danone, the Kuwait Food Company and Catalan bank Banco Sabadell. Messi and his dad thought they were in the clear after handing over a £3.9million “corrective payment” – £3.2million plus interest – last year. In return, prosecutors asked for the case to be dropped, but the Spanish treasury objected and a magistrate yesterday ordered a trial. Messi told a court last September that he knew nothing about any scam, adding: “My dad deals with all the money.” But the magistrate in Gava, near Barcelona, insisted yesterday that Messi “may have consented to the evasion of tax”. He added: “It is not necessary for someone to have complete knowledge of all the accounting and business operations. “It is sufficient to be aware of the designs to commit fraud and consent to them.” Messi has scored 248 goals for Barcelona and won three Champions League and six Spanish league titles. The four-time World Player of the Year captained Argentina to the World Cup final this summer. He reportedly earns £22m a year at Barcelona and pays £12m of his wages in income tax. http://www.dailyrecord.co.uk/news/uk-world-news/barcelona-star-lionel-messi-faces-4375534

Former Rangers owner Craig Whyte has been banned from being a company director for 15 years. The 43-year-old was handed the maximum ban possible after a judge heard his conduct in dealing with Rangers was "shocking and reprehensible". Whyte was previously banned from being a director for seven years. A second ban was sought by UK Business Secretary Vince Cable after Rangers' liquidation in 2012 and the subsequent liquidation of Whyte's firm, Tixway. http://www.bbc.co.uk/news/uk-scotland-glasgow-west-29429752#?utm_source=twitterfeed&utm_medium=twitter

Unloved owner in the North East should concentrate in taking over at Ibrox – it would be perfect for both Newcastle United and Rangers. Given the problems he has had at Newcastle United and the resentment he has caused during his seven years as owner, it may seem curious to suggest Mike Ashley is the ideal man to buy Rangers. Newcastle were a mediocre mid-table club when Ashley bought them and that is all they remain, yet Ashley could still be the ideal person to restore Rangers to its former glory. Most Newcastle supporters cannot wait to see the back of him. Although there is appreciation for the work he has done to improve the club as a business there has – with the exception of one fifth-place finish in 2012 – been little, if any, progress as a football club. There is animosity on both sides, Ashley is still bitter about the way supporters turned against him in the aftermath of Kevin Keegan’s resignation back in 2008, while they are convinced he is content for a proud club to be stuck in a monotonous mid-table wasteland while he uses it to promote his other business interests. The refusal to take cup competitions seriously is a wound that will not heal. Rangers fans also have their misgivings about Ashley’s intentions. So do the Scotland Football Association, who do not like the idea of one man owning two clubs, even if they play in different domestic competitions. Yet, if Ashley wants to buy Rangers, the SFA should let him. I don’t think there is a conflict of interests, just as there isn’t with Manchester City’s owners starting an American franchise, New York City. The opposition of the SFA to him increasing his stake to more than 10 per cent is a major barrier. He would, in theory, have to sell Newcastle first, but he has denied he wishes to do so. At least, he has denied he wants to at the moment. In a statement published on the Newcastle website, it was said Ashley will consider selling Newcastle at the end of next season, which interestingly is the earliest Rangers could be back playing in Europe. Uefa rules stipulate two teams owned by the same person cannot play in their competitions, which is reasonable enough as they could meet in a competitive fixture. That should not matter now if Ashley moves to save Rangers. Ashley would be an unusual fit for the knight in shining armour role. He is more market trader than chivalrous hero, but just because he has made his billions selling cheap sportswear should not disguise he has been phenomenally successful because of his business brain. Just because an idea is simple does not mean the man who came up with it isn’t a genius and few are better at making money than Ashley. Of course, being clever and innovative in business does not automatically mean you will be any good owning a football club and Ashley hasn’t been for Newcastle. The division between followers and leader saps its strength. The bitterness will not go away, there have been too many callous calls from Ashley, too many mistakes and too many perceived insults for Newcastle’s supporters to forgive and forget. Newcastle are paralysed by the lack of ambition in the boardroom. Many believe the only cure is a new owner and a new start. Ashley, though, is able to provide Rangers with exactly what they need, a secure financial footing and stability in the boardroom. He has the money to end the threat of economic meltdown and, as he has shown at Newcastle, he can turn a loss making business into a profitable one within a few years. The crucial difference between Rangers and Newcastle is that being a stable business in the Premier League is not enough to compete with the top clubs. Ashley stopped wanting to put his own money in to sign players and cover losses when he fell out with the fans and you cannot blame him. However, a stable business is all that is needed to return Rangers to the top of Scottish football because they are capable of generating far more income than their rivals. Only Celtic can rival Rangers in terms of gate receipts, sponsorship prestige and media interest, so all Ashley has to do to restore the old order is remove the spiral of debt repayments. Emotionally, no matter how much he tries to put a brave face on, the abuse Ashley receives as Newcastle’s owner must take its toll. There are only so many times you can be told you are overweight and not wanted. Ashley has broad shoulders and claims he is not particularly bothered what people think and say about him, yet he has also shown a thin enough skin to ban all three local papers for offering their supporting for a protest march calling for him to sell up last season. Ashley has still managed to make a project turned sour work for him. The exposure has been good for his retail chain, proving once again that there is no such thing as bad publicity. Even when he changed the name of the ground, provoking fury on Tyneside and beyond, Ashley ignored it and watched his other business interests prosper. Premier League exposure is one of the most powerful marketing tools around and Ashley’s sport shops are undoubtedly better known now than they were when he took over. Yet, although he has described the relationship between his sport shops and Newcastle as extremely beneficial for the former, it is still only responsible for a tiny fraction of its vast profits. He would barely notice if he lost them and there is every chance he can make even more if he buys Rangers. Not only do they have more fans worldwide than Newcastle, they are also far more likely to win trophies and success is a good thing to be associated with. Under his steadying hand, Rangers would almost certainly return to the Champions League, watched by huge television audience across the continent. Europe is the most obvious market place for Ashley’s other business to expand. They look made for each other, but Ashley has not made a move yet. http://www.telegraph.co.uk/sport/football/teams/newcastle-united/11121232/Newcastle-United-owner-Mike-Ashley-perfect-for-Rangers.html

BILEL MOHSNI can’t wait to be involved in the Rangers Charity Foundation’s first ever Nightwalk fundraiser next month. The Tunisian international defender, along with Scotland under-21 cap Lewis Macleod, will be present at the event at Ibrox on Saturday, October 25. Charity is something very close to Mohsni’s heart and since he has arrived in Glasgow he has become involved in a number of projects to assist people less fortunate than himself. He recognises the impact high-profile footballers can make when it comes to generating much-needed income for good causes. And the 27-year-old is looking forward to joining participants as they take part in a special Halloween walk around the stadium. Mohsni said: “I think charity is very important and I am a football player so I can help. If I can be involved in any way I will be happy to do it. “For me, it is important to help other people who need it. Sometimes we forget how lucky we are to have good health and have the lives we have. “One of the things I like about being at Rangers is that the whole team is involved in the club’s Charity Foundation. That is a very good thing and it is fantastic to see.” Fans of all ages are encouraged to sign up for the Nightwalk, with everyone encouraged to turn up in fancy dress to mark the fact Halloween is approaching. There will be prizes for the best costumes as supporters take part in 3km (seven laps), 5km (12 laps) and 10km (25 laps) walks around the hallowed turf. Registration for the event is open and a form can be DOWNLOADED HERE. Alternatively contact the Foundation on 0141 580 8775 or email rangerscharity@rangers.co.uk. Fees cost just £10 per person if you’re ages nine or over and it’s £5 for children aged from four to eight. All participants aged nine years and older are asked to raise a minimum of £50 in sponsorship. Entrants between four and eight years of age are asked to try to raise a minimum of £20 in sponsorship. Remember every participant who raises £100 or more in support of the Foundation’s work will become a True Blue Hero. They will consequently be invited to a special reception with a first-team player to receive a True Blue Hero medal from the Foundation. http://www.rangers.co.uk/news/headlines/item/7737-doing-it-for-charity

RANGERS still need to secure substantial additional investment to get them through to the end of the season - despite raising over £3million last week. And further off-field unrest at the Ibrox club, where disgruntled fans are considering a mass boycott, could impact greatly on dwindling resources. That was the stark message from financial expert Neil Patey today as he assessed the situation at the troubled Glasgow institution. The SPFL Championship club announced last Friday that £3.13m worth of shares had been purchased at a share offering. But Patey, a partner with accountancy firm Ernst and Young, believes Rangers will only be left with around £1m of that to use for running costs. And he stressed that Gers directors will have to bring in fresh funding to stave off the threat of a second administration in three years. Speculation is rife that Sports Direct magnate Mike Ashley will increase his involvement - or club assets like Murray Park will be sold off. Patey said: "The club themselves stated that if 15 million shares were taken up it would take them through to the end of the current year. "What they raised was just marginally over the minimum so it will probably see them up to just past Christmas. "Of the £3million they have raised, around £500,000 of it will go on expenses leaving them with £2.5million. "If they repay the loans to Sandy Easdale and George Letham in full, they will be left with about £1million. "If they are saying that £1million will get them to the end of the year, that suggests they have succeeded in getting the monthly cash burn down to a fairly low figure. "Broadly speaking, going on the figures the club has given, they will then need to bring in at least £2million to get them through to the end of the season. "Towards the end of the season, the club are going to start selling season tickets once again and money will be coming in." Patey added: "But, again, that is dependent on the fans coming out and buying season tickets. The big thing for the club is fan support. "The club may only have sold 23,000 season tickets, but they are still taking in money from ticket sales on match days. "But if the supporters stop turning up for matches then it will make the situation worse. Fans have a big say in how things go at Rangers." Patey stressed the financial situation at Rangers would improve significantly when they rejoin Old Firm rivals Celtic in the top flight. He said: "Getting back into the Premiership does two things. In the first instance, they get more money from games. "Secondly, it helps them to attract investors if they are a Premiership club." http://www.eveningtimes.co.uk/rangers/financial-experts-rangers-warning-180534n.25322293

If this can be corroborated then Regan must go ... http://vanguardbears.co.uk/stewart-regans-succulent-lamb.html Stewart Regan's Succulent Lamb Written by: Admin Thursday, 21st of August 2014 The date was 27th of July 2012 and Scotland's biggest and most successful football club faced oblivion. Just two days before the club were due to face Brechin City in the Angus town, Rangers FC had no licence to play football. This doomsday scenario had been created by twisted individuals representing the SFA, SPL and others. Their determination to see Rangers punished to the full for an as yet unproven "charge" (a charge which the club was subsequently found not guilty) was matched only by an underlying driven agenda to see Rangers damaged as much as possible, perhaps beyond repair. The club had been given a stark choice - accept sanctions and trophy stripping or be granted no licence to play football, in any league, anywhere. Rangers, with Ally McCoist and Charles Green representing, had fought bravely to retain the clubs' history, heritage and sporting record in the face of those determined to steal it away at any cost. In defiance of the Scottish Football authorities equivalent of a firing squad they fought valiantly for a club that had already lost most of its first team squad following SPFA and agent interference allied to greedy individuals who saw a fast buck. The future of the Scottish game lay in the hands of those men sat round a table. Their dirty game of chess had reached stalemate; their attempted "Five-Way Agreement" had morphed into a carefully contrived monster that included: •stripping of 5 SPL titles •stripping of 6 Scottish Cups •a signing embargo The message delivered was loud and clear. Accept "guilt", and accept our punishments or we put you out of the game. We feel it's necessary to repeat this; no ruling had yet been made on EBTs from Lord Nimmo Smith, and two years and two appeals later, the EBTs are still judged in law to be loans that did not give Rangers any footballing advantage in the years the scheme was in use. Whilst SPL Chief Ralph Topping was regaling anyone who'd listen with tales of Armageddon and insisting the SFL accept a club the SPL had thrown to the wolves, the SPL looked to maximise revenue from that same club they had just kicked out. So, on that day 27th of July 2012, the last possible day that agreement could be reached, the SFA's lawyers Levy & Macrae hosted all senior stakeholders in the Rangers issue to their office in St Vincent Street, Glasgow. By this stage, Rangers had forced the title stripping off the agenda, however, they were not to be meekly handed a punishment free passage in to the SFL. Other measures were being quickly discussed. The determination of some to punish the club as much as possible at a late stage where desperation saw them more likely to accept to get the licence and keep the club alive hadn't waned. The presence of Duff and Phelps could not help the Rangers cause; they were now bystanders only interested that the business entity they were representing wouldn't have any financial liability thrown in its direction. With a draft agreement on paper and separate signature pages at the back (to be signed upon all attendees reaching agreement on the conditions of Rangers re-entry in to the SFL and SFA), talks got underway. All in attendance agreed that a conclusion had to be reached and papers signed off that day, no matter what. The future of Scottish Football and that of its biggest member club was at stake. Reaching agreement on any issue was difficult, and the meeting was interrupted several times as Stewart Regan answered his mobile phone and left the room. An expectant wife was calling from Yorkshire. Mr. Regan was reminded he had a dinner date that evening. With no indication that middle ground could be found regards the many sticking points and Scottish football facing disaster the SFA Chief Executive took a remarkable and shocking decision that reinforced the belief of many that he is inept and has zero interest in the welfare of the beautiful game here. At 5pm, with the document far from finalised and even further from being agreed, he took the SFA signature page from the table and signed it, informing all of those present that he would put his name to whatever was agreed, had a dinner engagement with his wife and friends in Leeds, and wasn't going to cancel. In essence, Regan signed a blank piece of paper. The Chief Executive of the SFA, with overall responsibility for the game in Scotland, was more interested in having dinner, than leading the decision makers to reach an agreement to safeguard the future of both Rangers, and Scottish Football. The meeting lasted approximately another four hours before a conclusion was reached. Rangers were forced to accept their second transfer embargo in 4 months, and various other financial penalties including the signing over of television rights, and the payment of football debts, on the agreement that they wouldn't have rights to SPL prize money, or debts owed to the club. There were a number of revisions to the draft document in Regan's absence which already had his signature, as he travelled to Leeds and made his way out to dinner. To the best of our knowledge Regan didn't phone anyone in attendance after his departure for a progress update. Regan's signature page was simply inserted into the final document and issued as the Five-Way Agreement. This absolute disdain for the future of Rangers and Scottish football has never left that room, until now. One month earlier, Mr Regan had shown a similar lack of interest when an email written by him had been leaked to the press. In his email, amongst a bunch of 'decisions' he had pre-determined, Regan revealed that while Scottish Football was in disarray, he was off on holiday. http://www.dailymail.co.uk/Regan-controversial What would Regan have done the following day if any of the people in the room had simply scribbled 'I, Stewart Regan, knowing that I am unfit to hold the position of Chief Executive of the SFA, hereby tender my immediate resignation.' Vanguard Bears henceforth ask that members of the SFA, SPFL and SFL demand Stewart Regan's resignation. This man should not be heading up Scottish Football, especially at this very crucial time where attendances are dwindling and sponsorship is drying up. The phrase "NOT FIT FOR PURPOSE" has never been more apt.

THE displays of the Rangers team on the park last week were cause for optimism down Ibrox way. Ally McCoist's side netted 12 goals in their two competitive outings and put their shaky early-season form well and truly behind them. The size of the crowds in the home games against both Clyde and Dumbarton, however, were reasons to look towards the future with trepidation. And the attendance at the SPFL Championship fixture with Dumbarton on Saturday afternoon was particularly alarming. For the league meeting with the Sons was perhaps the best chance so far to gauge what the turnout will be like at Rangers home games in the 2014/15 campaign. The Petrofac Training Cup matches with Hibs and then Clyde were always going to attract smaller crowds due to the stature of the competition and the size of the opposition. Much was made of the fact that only 11,190 supporters filed through the turnstiles in the 8-1 victory in the latter game last Monday. It was the lowest Ibrox attendance at a competitive fixture for 29 years. Yet that encounter with part-time opponents from the bottom tier of Scottish football was - despite Gers great Barry Ferguson being in charge of the opposition - expected to draw that sort of response. There were 43,683 in the Championship opener against Hearts a fortnight ago. But there were special circumstances surrounding that fixture. The League One flag was unfurled and the Govan Stand was renamed in honour of Sandy Jardine before kick-off. Plus, the first game against age-old adversaries Hearts after two long seasons of often uninspiring outings against our national game's lesser lights was guaranteed to put a fair few bums on seats. No, the Dumbarton game at the weekend was a far better barometer of what size the attendances - and, in turn, the gate receipts -will be for Rangers in the weeks and months which lie ahead. And the fact that only 31,175 turned up on a perfect afternoon for football must be worrying for both those who follow the fortunes and those who control the purse-strings at the troubled Glasgow institution. It was the lowest turnout at a league game at Ibrox since 24,177 fans watched Rangers defeat Falkirk 4-0 thanks to a Robert Fleck double and goals from Davie Cooper and Terry Butcher on December 13, 1986. A home game against Methil minnows East Fife around this time last year drew 42,870. No company can have nearly a quarter of their customers disappear in the space of 12 months without drastic consequences. Even if all of the 34,000 fans who bought season tickets to see Rangers in League One last season had renewed this summer, the club would still not have had enough money to see them to the end of this term. So for just how long will the Light Blues be able to limp along with just over 20,000 season book holders and fewer than 10,000 turning up and paying at the gate on match days? There are ambitious plans for Rangers to hold another share offering in the very near future and the hope is to raise in the region of £4million of much-needed capital from that. But with shareholder Sandy Easdale and wealthy fan George Letham due to have loans totalling £1.5m repaid, financial experts have predicted that will only sustain the club until the end of the year. The ongoing lack of clarity over Rangers future off the field is overshadowing the fact that on it they appear to be getting their act together after some poor performances. They brushed aside Dumbarton with ease at the weekend thanks to strikes from Lee McCulloch, Darren McGregor and Nicky Clark. An own goal from Chris Turner aided their cause considerably. Bilel Mohsni, who was highly fortunate not to be red carded by referee Brian Colvin for his trip on Scott Agnew, also turned the ball into his net late on to give the sizeable travelling support a reason to cheer. That lapse of judgment by the Tunisian, though, could not wipe the smile from McCoist's face after a highly satisfactory performance by his charges from front to back. He said: "The skipper played in central midfield and chipped in with a goal, Nicky got a good goal and our right-back played well and scored a great goal. "To be scoring goals is always good. But to be scoring goals from different areas is an added bonus for us. "I was annoyed we didn't keep a clean sheet, but I thought the football was of a high standard. We created a lot of chances, scored four good goals, hit the post and had a goal disallowed. "It is consistency that is going to win us the league this year. That is what we have to work hard to get. "There are going to be a lot of difficult games for us in the months ahead and we have to be at our best every week." http://www.eveningtimes.co.uk/rangers/deserted-seats-show-reality-of-angry-rangers-fans-voting-with-their-177533n.25139848

Mike Ashley is poised to end his seven-year reign at St James' Park as he aims to increase his stake at Rangers. Mike Ashley is willing to listen to offers to sell Newcastle United as he looks to bring an end to a troubled seven-year reign at St James’ Park. Ashley has become involved in the running of Rangers and is interested in taking complete control. However, he has been prevented from increasing his stake to more than 10 per cent by the Scotland Football Association as he already owns Newcastle. Uefa rules stipulate the same person cannot own two clubs that might meet each other in European competitions, and while neither Rangers or Newcastle are playing in Europe, they could in the future. Rangers are standing on the precipice of administration for the second time in three years and Ashley recognises the opportunity it presents. The billionaire, who made his fortune through his Sports Direct retail chain, has already secured naming rights to Ibrox in return for a stake of nine per cent, although he has not yet taken up that option in order to avoid creating any animosity towards him. Should he take control of Rangers and stabilise the business, he knows there is huge potential to grow if, as should be the case, they return to the Scottish Premier League and, eventually, the Champions League. Related Articles That has increased Ashley’s desire to sell Newcastle to a new investor and he could be willing to offload it for around £230 million, which includes repayment of the £129 million he is owed in the form of interest-free loans. Ashley paid just £134 million to buy Newcastle from Sir John Hall and Freddie Shepherd in 2007. Although the club have not been officially put up for sale as the uncertainty could destabilise the business and unsettle the team, Telegraph Sport understands Ashley would like to sell if he can find someone with the financial muscle to take the club forward. Anyone who claims they are interested in negotiating a price will be asked to pay for the use of a box at St James’ Park for 10 years up front to prove they are serious bidders. Ashley has tried to sell up twice before, but was unable to find a buyer willing to match his asking price. He failed to offload it in the face of angry supporter protests in 2008 immediately after former manager Kevin Keegan resigned. He tried again in 2009 at the knockdown price of just £100 million after relegation to the Championship, but nobody was willing to take on a club that was losing hundreds of thousands of pounds a month outside of the top flight. However, the previous attempts to sell were made during a global recession and Ashley is aware the economic landscape has improved dramatically, particularly in the United States, where interest in “soccer” has never been higher. It is thought that Ashley will look closely to see if there are potential buyers on the other side of the Atlantic. Newcastle are in excellent financial shape thanks to the prudency of the Ashley regime and posted a post-tax profit of £9.9 million for the last financial year. That has done little to persuade fans he is the right man to lead the club and there have been persistent accusations of a lack of ambition. Although Ashley sanctioned around £40 million worth of player recruitment this summer, that was paid for almost entirely out of the sale of Yohan Cabaye to Paris Saint-Germain and Mathieu Debuchy to Arsenal. Ashley has been unwilling to invest any of his own money since Newcastle returned to the Premier League and has overseen a dramatic overhaul of the books, securing an increase in commercial revenue, which includes a record shirt-sponsorship deal with loans company Wonga. This has been done in conjunction with a series of cost-cutting measures, including player wages, which fell from £64.1 million to £61.7 million in the last financial year. That represents 64 per cent of the club’s turnover, well below the Premier League average of 70 per cent. The business is in good shape to sell. Whether Ashley can finally sever ties with a project that turned sour after just 12 months remains to be seen, but he gains little enjoyment from owning Newcastle other than the free advertising it allows for Sports Direct. Although he attended the club’s last home game, the 3-3 draw with Crystal Palace, his visits to St James’ Park have been increasingly rare since supporters turned against him six years ago. He is not the only one in the firing line. Alan Pardew, the manager, also looks vulnerable after a poll in a local paper showed 85 per cent of fans no longer want him to be in charge and there is a growing risk the ill-feeling will manifest itself in more vocal protests against Southampton this weekend. One group of supporters has even set up a website called ‘Sack Pardew’. Pardew remained in his dugout during the final home game against Cardiff last season as he was booed and jeered every time he stepped into his technical area. http://www.telegraph.co.uk/sport/football/teams/newcastle-united/11088540/Newcastle-United-for-sale-as-Mike-Ashley-eyes-Rangers.html

When we went into administration I almost instantly (within the first month) had some major concerns because I quickly came to thinking that I didn't trust the administrators, didn't think they would get us out of it via a CVA and didn't think they seemed to be doing their jobs properly because if they had been, then they would have tried to rescue the company as a going concern. To do that, they would have needed to quickly address the cost base and stop the monthly loss-making, but they just went for a short-term fix/bandage to see out the season instead of properly cutting costs to address the going concern like administrators do in most football club administrations. After the shambles of their bidding process and finally bringing in Green & co (like they seem to have planned well in advance!), when D&P did their first presser with Green a feeling of dread & despair came over me because I could tell immediately that he was a bullshitting patter merchant and didn't trust him right from that point. It was a case of 'who the f**k is this clown?' and a distinct feeling of disappointment. Then we had to endure the failed CVA, being wrongfully stripped of our SPL share and kicked out of our league, left with no league at all for a period and questions hanging over our SFA license as well. When we finally got it sorted out and started the season in the 4th tier there was a sort of positive buzz that I never really understood, because I never felt as if it was right that we should be down there in the 3rd Division. I could obviously understand the positive buzz in the sense that we were still here with our history and titles despite the best efforts of our enemies and those who wanted (and tried) to kill us off, but didn't understand the positivity from numerous other perspectives, like the unprecedented treatment of our Club and the worries from footballing and financial/business perspectives. Not only did many of our fans think that it was just a simple case of 3 seasons of a journey back up through the lower leagues to the top flight, but many actually believed that it was an 'opportunity' to rebuild not only the business, but some kind of fabled & mystical footballing 'philosophy'. There was talk amongst fans of not only winning every single game in the 4th & 3rd tiers, but battering the opposition 8-0, 9-0 or 10-0 every week. I didn't buy into any of that because I thought it was always going to be more difficult than many of our fans thought it would be. Yes, we would dish out some hammerings along the way, but it was always going to be a battle too, both on and off the park no matter how many SPL-standard players we signed and no matter how many crazy moonbeams Green & co served us up. What we need to do now though, is completely forget about any mythical 'opportunities' or lost chances to create new 'footballing philosophies' and face the stark reality of where we currently are. I'm not saying forgive or forget (far from it!), but we urgently need to get up to speed and deal in the here & now. Depending on how things go off the park this month, we might be heading for another insolvency/administration event, but we don't know for sure either way because nothing is certain on that front, just as nothing is certain on the pitch either. We might drop points or lose a match, but no matter what happens, I think we all know that the 'journey' is getting tougher and tougher and that's something which was always on the cards both on & off the pitch, so it certainly shouldn't come as a surprise. The idea of an easy journey back up over 3 or 4 years while creating golden seeds for the future amidst new philosophies for the Club was a total and utter pipe dream. Even if we had been taken over by good guys instead of chancers and liars like Green & co, we were still realistically facing trouble along the way and potentially a period of 5 years or more before getting properly back on our feet and challenging in the top flight again. We might not be in a good position right now, but essentially, nothing has changed and we're still on the same path albeit a slightly more windy & rocky one than many of our fans seemed to think it would be. Our progress back to where we belong might still be set back even further by current and/or future financial issues, but we don't know for sure yet. What we do know for sure is that the people running the show need to collectively get their acts together, steer the Club in the right direction and ease the worries of the supporters, not through more moonbeams and lies like were served up in the past, but by addressing the immediate future as openly and honestly as they can without damaging the value of their precious shares.

"A turbulent week at Ibrox has put the club's future once again at risk. RANGERS face an instant SPFL disciplinary investigation if they fail to pay their players and coaching staff at the end of the month, it was revealed last night. Former director Imran Ahmad’s court victory on Friday, freezing £620,000 of the club’s dwindling £1.2million cash reserves, leaves the beleaguered Gers board struggling to make payroll. Now, if they default, rules introduced two years ago on the back of Hearts’ problems leave them no wriggle room. The potential punishments only apply to the club defaulting on its football wages, not an administrative salaries they have. However with their staff due their cash in the bank on September 25, the last Thursday of the month, sources believe they could be cutting it neat with a monthly burden of around £700,000 to meet. Regulations E17 and E19, introduced by the old SPL and carried into the new SPFL rulebook, cover any breaches of remuneration to players, coaches and management. Any default will be hit by an instant registration embargo. They will also then be subject to disciplinary procedures, which allow the governing body sanctions ranging from a slap on the wrist to docked points to exclusion from the league. The Ibrox club’s hopes of avoiding that scenario now rest with the success of their forthcoming £4m share offer, although from that figure, they’ll have to deduct a six-figure sum for costs plus £1m to cover the loan given to them by businessman George Letham. Director Sandy Easdale claimed in our sister paper the Daily Record in midweek that he wouldn’t be calling in the £500,000 he had lent. However Mailsport understands Letham, who has already given the club one extension on the terms he agreed, which saw his loan fall due from season ticket money, is adamant he’ll now take what he is due because he would rather have his cash back than be left with the car park his money is secured against. Rangers also no longer have any regular retail income following their decision to outsource that branch of their business to Mike Ashley’s Sports Direct, a move revealed earlier this week when 51 staff from their stores were TUPE’d acros to the the billionaire’s company payroll. It’s believed that although SFA rules prevent the Newcastle United owner extending his shareholding in the club, he could yet bail them out with loan payments to tide them through the coming months. The potential cost of those, both financially and to the club’s powerbase, is still unclear." http://www.dailyrecord.co.uk/sport/football/football-news/revealed-rangers-face-immediate-spfl-4177789? Comment: I realize it may be scaremongering and "the Mailsport understands" sounds almost like "We hope...". It is all so familiar, sadly, this kind of communique

Do you remember when we knew what Celtic players looked like? Do you remember how we would listen in nervously when they played, hoping that they'd falter? The football landscape has changed so much in Glasgow that the city is no longer an Old Firm goldfish bowl. Instead, the two sides function in separate atmospheres. With no Old Firm interaction, each has become a stranger to the other. The current Celtic team could walk past me in the street and I probably wouldn't know who they were. For Celtic fans, due to Rangers being run as a retirement home for elderly footballers, they have no difficulty in recognising Rangers' established guys, but many of our players are unfamiliar faces to them too. There was a time when fans of each side knew the other lot almost as well. They didn't need to learn the enemy team, they just knew it. Not so long ago, a Rangers-supporting friend of mine used to chat fairly regularly to a fellow dog walker. It turned out that he was talking to a leading Celtic player, and yet he had no idea. This surely couldn't have happened in the past. We knew them and they knew us. Now, Celtic's profile has dipped as a consequence of Rangers being in the football wilderness. Ours has dipped too, of course, although Rangers is such a dysfunctional entity that it retains a profile of sorts by providing a daily source of amusement to the nation. Apart from the obsessed element in the Celtic support though, which keeps Rangers under intense scrutiny at all times, there is a realisation within the Celtic fraternity that the game is up for Rangers. The laughter has abated and they even feel a degree of sympathy for us. They are looking at a future now that might not be seriously challenged by Rangers, and as they come to terms with it, there is a grudging realisation that they are poorer for it. Now that the big two has been reduced to the big one, the intensity has disappeared, the temperature has cooled and the colour has faded. Celtic fans are living in a monochrome world where the competition is either walkover material or too good for them. It is a bore. It's not boring being a Rangers fan, though. The football may be rotten but when was clinging to a life raft ever boring? Rangers fans are living out an outrageous soap opera where each twist is more absurd than the last one. This Rangers saga could not have been made up or engineered even by a bitter and hateful enemy. It is a tale of woe beyond imagination and comprehension, and with every day that passes, the realisation dawns that bouncing back is hard to do when the ball is burst. The leading figures at Rangers have become cartoon characters. There is nothing that they do which shocks or surprises. Talk of the stadium being sponsored for the grand total of £1 is eminently believable. This is the calibre of people Rangers FC is run by in the 21st century. Every statement, announcement or comment from the club is greeted with ridicule and dismissed as being symptomatic of a failed and toxic regime. Rangers has ceased to be a credible entity. It is crumbling and falling apart. We are often reminded when we complain about politicians that we get the governments we deserve. If the same can be said of the governance of football clubs, the Rangers support must have been guilty of something dreadful, or maybe we're just not that bright. Either way, Rangers fans have an allegiance to a club that is an asylum for the clueless, the calamitous, the absurd and the avaricious, and it is conspicuously rotten from the front gates of Auchenhowie to the top of the Ibrox Stadium flagpole. I have long believed that Rangers had a sell-by date. I always suspected that it was going to become an unwelcome institution in a changing world. I was concerned too that it would fail under 'private' ownership. The only solution was to become a fan-owned club that embraced a new enlightenment, but our failure in this area has been as embarrassing as it is shameful. As we remind ourselves, almost hourly, what a mess it is at the top of the house, we really have to take account of our own inability to properly attempt some kind of rescue. We may have been turned over, but we have been passive, mostly inactive and even apathetic during this crisis. As per usual, we wait on a saviour, and if there isn't one, we just keep waiting anyway. When the lights go out at Ibrox, or when they become so dim that they can barely be observed, ask yourself - how will Scotland remember Rangers? Fifty years after Rangers' passing, how will our children and grandchildren remember the football club that is so much part of our lives? I suggest that Rangers will be remembered with the same kind of affection that BBC Radio Scotland and Radio Clyde currently have for our club. We will not be fondly remembered or missed. The country will be glad to see the back of Rangers and it will speak of us in a highly derogatory tone when enough time has elapsed to make us a distant memory. Bearing in mind our current predicament - and we are all aware that another collapse could be close - not only would we lose a club that is dear to us, as people, we would be marked down by history for having an association with a club that will almost certainly be remembered as a monument to bigotry. And with this double whammy in mind, what do we do? We wait, and wait, and then wait some more. History won't be kind to us for this either.

RANGERS fan George Letham has reluctantly agreed to give the Ibrox board a short extension to repay the £1million loan that was due last week. The wealthy supporter stepped in to lend his boyhood heroes the seven-figure sum earlier this year as chief executive Graham Wallace was forced to seek a quick fix to the Gers' cash crisis. As part of the agreement, Rangers were scheduled to give Letham his money back by the close of business on Friday, but after the Light Blues announced plans to raise around £4m in a share option last week, the prospect of him receiving his money appeared bleak. SportTimes understands Letham held full and frank discussions with Wallace on Saturday and agreed to a short extension to allow the under-fire board more time to come up with the money. With cash reserves running low at Ibrox, a refusal from Letham would have left Wallace and his fellow-directors with a huge financial headache. But after stepping up to the plate to help Rangers in their hour of need in March, the lifelong Light Blue was not prepared to pull the rug from under the board's feet at this time. The full extent of the Gers' financial plight was laid bare in a statement to the Stock Exchange last week when the board admitted that the future of Rangers International Football Club plc would be 'uncertain' if all 19 million of the new shares were not snapped up by existing investors in the coming weeks. Any funds that are raised will be used to pay off Letham's £1m loan and the £500,000 deal that was agreed with Sandy Easdale, both of which were secured against the Albion car park and Edmiston House. The Ibrox board originally clinched a deal with major shareholders Laxey Partners but that move came under huge criticism from supporters after it was revealed the Hedge Fund would collect £150,000 in interest payments for the short-term loan. Rangers had a cash balance of just £4.2m at June 30 this year, but with £2.7m of that unavailable as use for working capital, the board have been forced to issue more shares in a bid to repay Letham and Easdale and provide much-needed money for the coming weeks. With the financial picture once again bleak at Ibrox, boss Ally McCoist was unable to make any last-minute moves to bolster his squad before the transfer window closed last night. The Gers' two most valuable assets, Lee Wallace and Lewis Macleod, remain at the club, but seven players have gone out on loan - Barrie McKay (Raith Rovers), Calum Gallacher (Cowdenbeath), Danny Stoney (Stranraer), Luca Gasparotto (Airdrie), Robbie Crawford (Morton), Tom Walsh (Stenhousemuir) and Craig Halkett (Clyde). http://www.eveningtimes.co.uk/rangers/letham-gives-rangers-extra-time-to-repay-1million-loan-178673n.25212709

I wouldn't disagree with much of this to be fair. BY GORDON WADDELL Gordon Waddell: Like Thelma and Louise, Rangers have arrived at their destination.. the edge of a cliff 31 August 2014 08:37 AM By Gordon Waddell GORDON reckons Rangers are at the edge of a precipice but the cash crisis hasn't stopped the club signing back-up keeper Lee Robinson in a move typical of the way the club has been run for the past few years. THEY sold their road back to the top of the game as ‘The Journey’. It would appear Rangers have arrived at a destination many financial experts predicted for them long ago. The edge of a cliff. As the directors sit there like Thelma and Louise, with the engine revving, you wonder if the question was not whether the club would end up being driven over the edge but more a matter of when the crash would occur. How else do you explain it? No sane person would surely run a business the way they’ve run theirs. It’s as if they have committed commercial suicide. An example? It didn’t make a headline. Barely registered a mention. But if you want even a tiny indication of exactly how dysfunctional Rangers are, then look no further than the signing of Lee Robinson last week. A 28-year-old back-up keeper to a 35-year-old back-up. When they already have the Scotland Under-19 No.1 AND the Scotland Under-17 No.1 on their books? Another wage? Aye, why not, eh? We’ve been splashing money needlessly for two and a half years on players we don’t need and can’t afford – another won’t kill us. Their share offering on Friday was like taking a tube of Savlon to a cremation. They’ve admitted to the stock exchange that if they don’t get at least £3m, they’re knackered. And even if they do, they’ve openly shifted the problem a couple of months further down the line. Yet still they sign players like autograph hunters? They act as if they don’t give a monkey’s. Other clubs coming back from the brink, the first thing they attacked was their cost base. Trimmed all the fat and started from the ground up. Live within your means. New club motto? Numquam Iterum. Never Again. Yet here we are, back at square one. Ally on the back pages, pleading: ‘Don’t sell my stars’. Why not? Truth is you should never have been allowed to sign most of them in the first place. This whole ‘We’re Rangers and until someone tells me otherwise, we’ll continue to behave like Rangers’ schtick? McCoist is a bright, articulate, likeable guy. I refuse to believe he’s so gullible. That he never sat there and thought ‘This can’t be right’. Who would you prefer to be in charge at Rangers? I’m not saying anything I haven’t said to him in a dozen different press conferences. I’ve asked him why they weren’t hunkering down, signing players for their level, saving cash. He always replied: “The fans deserve better.” Damn right they do. But they also deserve their club to survive after what they’ve put in over the years. In a football sense, I haven’t yet met a Rangers fan who didn’t think the club would have been better bleeding half a dozen youngsters into their line-up back on day one and developing them properly than going down the road they did. I haven’t yet met a fan who wouldn’t have put up with the odd defeat to see some genuine progress and fiscal responsibility rather than watching the likes of Richard Foster, Stevie Smith, Ian Black, Dean Shiels or Jon Daly. Or Lee Robinson. Nice lad, decent gloves – but what about Liam Kelly and Robby McCrorie, two of the highest-rated teenagers in their position in Scotland? Every other club in the country is giving youth a chance and reaping the rewards. Not The Rangers. Sorry lads. Can’t trust you, even on the bench. No time to have faith in you. Other diddy clubs might get away with playing teenagers. They may even excel. Hell, look at Conor McGrandles – 82 senior games by the age of 18 and a £1million move from Falkirk to Norwich. Rangers are too good for that, though. Listen, the dysfunctional management of the club’s affairs runs a million miles deeper than the team. These are just examples of how a total breakdown in management manifests itself in public. What goes on behind closed doors or up marble staircases? We may never know. But the fact they’re putting out the begging bowl in such a humiliating manner suggests none of it is good. And then we have the ever-hovering presence of Dave King . King has been criticised for his silence but don’t let anyone kid you that he hasn’t been waiting for this exact moment. The lowest ebb. The final wheezing breaths of a regime someone as long in the tooth as he is always thought would arrive. Sure, he’s a Rangers fan. Sure, his intentions for the club will be more honourable than the current incumbents. But spare me the idea his timing suggests anything other than his own benefit being served too. In the meantime, the Rangers fans are once again left with what they call Morton’s Fork – two choices, both undesirable. Take up the share option, keep a shambolic regime functioning a little longer. Or not a penny more. Flush them out and suffer the consequences. I don’t envy them their decision.

..........but we want the 'right kind' of partner on board. THE need for a sponsor has never been greater, with clubs missing out on Celtic's Champions League cash bonus, but Iain Blair says that the powers that be won't be rushed into making a decision. Iain Blair of the SPFL SCOTLAND’S top clubs may have waved goodbye to a cash bonanza because of Celtic’s exit from the Champions League but SPFL chief Iain Blair says the season isn’t a write-off. Every Scottish Premiership club would have picked up £100,000 from UEFA had Celtic not crashed out to Maribor on Tuesday night. And with finances stretched, Blair admitted there was still no sign of a sponsor for our domestic league or the League Cup. He said: “We’re talking to people who are interested in the title and the cup sponsorship. Will it be this season? I can’t say. “We’d like there to be and we’re working towards that but I can’t say there will definitely be a sponsor this year. “People tend to have longer-term plans for their budgeted spend for sponsorship. “We only got to grips with it this time last year and although people think that’s a long time, with this kind of expenditure companies plan significantly in advance.” The news will not please club chairmen, especially with Blair insisting sponsorship had to be “the right kind”. So what type would the SPFL reject? He said: “We want someone who shares our values and ambitions. “It’s not simply a case of looking for someone who wants to publicise something, we want someone to partner us. “We need someone we’re comfortable working with. The guys are working on it as we speak and I’m confident we’ll get there.” Blair refused to adopt a pessimistic view after Celtic’s Euro flop, even though club bean counters will be putting away their calculators. He said: “Celtic can still progress in the Europa League and that could even help our co-efficient. So let’s not write the season off completely.” http://www.dailyrecord.co.uk/sport/football/football-news/spfl-chief-still-no-sign-4122017

Born Under a Union Flag: Rangers, Britain and Scottish Independence (Luath Press) will be an interesting read for those yet to open its cover, and I would strongly suggest you do. It allows the reader access at times, to the mindset of the authors of the various chapters, some of which will challenge you, some may even alarm you, but having drawn me in, it was one of those books I had to read from start to finish without interruption. It may seem strange for an avid Unionist to highlight a chapter written by a pro-independence author, Gail Richardson, but I do so for 2 reasons : (1) Gail asks questions relating to the motto of a group of which I am a member – Vanguard Bears (2) Of all the pro-independence chapters within the book, Gail’s was unique in that it offered a cohesive, rational and positive argument for independence which was free from negative subjective experience often cited by her peers, nor did it seek to demonise Britain as a justification for exercising a yes vote, in short it offered vision rather than vilification. I use the word “demonise” deliberately. When Alan Bissett argues that Britain is responsible for, amongst other things, “the mass slaughter of World War 1” you can perhaps begin to understand why I suggested in the opening paragraph that you may be challenged, even alarmed by its contents. Gail opens her chapter with a question : Do the Loving Cup ceremony or the portraits of Her Majesty the Queen hanging in the home dressing room at Ibrox not qualify as traditions ? Both are long standing practices at our club, with club historian David Mason, opening this year’s Loving Cup toast describing it as “A very important tradition in the history of Rangers Football Club since 1937”. Furthermore are they merely traditions or, additionally, a powerful statement of identity i.e. this is a club which values the traditions of monarchy ? The foregoing example serves as welcome introduction for another area of such debate which is often overlooked by many. Gail asserts : It is madness. But what about the flip side of that coin ? What about the instances where the beliefs and values come from within the club itself ? Are they in themselves not statements of identity ? If the historical commentators such as Graham Walker and Bill Murray are to be believed, and there is no good reason not to, then Protestant identity evolved due to a number of factors, primarily though that the Protestant indigenous Scot sought a football club which reflected their faith and culture in the same way that the newly formed club, Celtic, reflected the faith and culture of the Irish immigrant population. If Gail is guilty of overlooking symbolisms and traditions which emanate from within the club, perhaps because they don’t quite fit with her assertions and beliefs, I confess, I could be equally as guilty of reading something into symbolisms from within the club because they do happen to fit with my particular assertions and beliefs. I have difficulty accepting however that Church and Boys Brigade Parades, the holding of the Orange Order Annual Divine Service at Ibrox, our refusal to play football on the Sabbath, the welcoming of Kings at Ibrox, Armed Forces Days, amongst other things, are not statements of identity. Furthermore these take no account of the erroneous, which again have their formation from within the club itself. Gail makes reference to Rangers signing policy, I would add to that the comments of Rangers vice chairman Matt Taylor in 1967 when he stated in interview relating to it, “part of our tradition....we were formed in 1873 as a Protestant boys club. To change now would lose us considerable support.” However mis-guided, however ham-fisted, however opposed to true Protestant ideals and values the foregoing examples are, I would suggest they are a clear attempt to attach a Protestant identity to our club from within the club itself. I cite these examples not to usurp Gail’s questioning of their relevance today in an increasingly secular Scotland, but to demonstrate that the club itself over the years has actively encouraged an identity with which it is often associated, therefore to suggest that it’s our supporters who have projected their beliefs onto the club and asked them to uphold them is incorrect. When Gail states : “I’ve said that I don’t believe Rangers Football Club is a Protestant club or a Unionist club.” how does such a statement equate to a football club who have just released their 3rd strip which has as its centrepiece, the flag of the Union itself ? Particularly in view of the current political climate in Scotland. Strangely, the answer to Gail’s original question comes from an unlikely source, in chapter 3 of the book. Harry Reid, an Aberdeen supporter speaking of the demise of Rangers identity under Sir David Murray: And later in the chapter : Harry continues: Later in the chapter Harry emphasises the importance of any football club seeking to expand its aspirations, remaining true to its core fan base. There is really not a lot I can add to Harry’s quotes. The values, traditions and people Harry alludes to are very much at the core of what we at Vanguard Bears, seek to defend. I hope this article not only answers Gail’s questions, but also challenges her to examine her own vision of our club, as much as her chapter from the book caused me to examine my own.