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  1. International Football Club plc ("Rangers" or the "Company") Scottish Professional Football League Limited ("SPFL") Claim. The board of the SPFL has determined that Rangers Football Club Limited (the "Club") is liable to pay the EBT Commission fine of £250,000 levied on RFC 2012 PLC (previously The Rangers Football Club plc) (in liquidation) The SPFL has also decided that this sum will be recovered from the Club by the SPFL withholding broadcasting money and other sums due to the Club but which are paid in the first instance to the SPFL. An appeal has been lodged with the Judicial Pan
  2. Reading McMurdos Blog today, even he knows Ashley will not invest. ''Rangers are sick at heart. The answer is a strong leader but there is no-one on the horizon who fills that role. Everyone involved is hanging on to their own sphere of power and influence at the club. There is no Willie Waddell, no Bill Struth or Jock Wallace to rally the Ibrox battallions and have them face the same way instead of train their guns at each other. Yes, there is Mike Ashley. I am confident that he will step forward and provide both leadership and funding to steer Rangers away from the rocks and back to
  3. THE Crown Office will today issue a warrant for the arrest of disgraced former Rangers owner Craig Whyte, the Daily Record can exclusively reveal. Whyte is wanted in connection with alleged fraud over his purchase of the Ibrox club in 2011. The sensational news comes after it was revealed that police forces in England, acting on warrants from Police Scotland, made dawn arrests today in connection with a long-running inquiry into Rangers. Four men were arrested at addresses in Thames Valley, Surrey and Cheshire. The first of the four is Paul Clark, London managing director of fo
  4. 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
  5. By Richard Wilson BBC Scotland There are still challenges to overcome, not least the continuing lack of a title sponsor for the Scottish Professional Football League, but individual clubs can still thrive. The level of debt being carried by top-flight teams is falling, and that presents an opportunity. Dundee United and Kilmarnock recently secured debt-reduction deals with Lloyds Bank. Two clubs whose financial priority had to be servicing seven-figure debts can now maximise the worth of their incomes. Celtic's interim results for the financial year to 31 December showed a surp
  6. From BBC website: Kilmarnock close to major debt reduction deal By Richard Wilson and Jim Spence BBC Scotland Kilmarnock are set to announce a deal that will see the majority of the club's £9.4m debt written off by Lloyds Bank. The agreement would involve the chairman Michael Johnston retaining a reduced shareholding in the club. A company headed by local businessman Billy Bowie would take ownership of the hotel, which has been valued at around £2.5m. Johnston and Bowie would also be joined on the board by three new directors. Kilmarnock would be left essentially debt f
  7. IAN Black has vowed to earn a new deal with Rangers - and help the Ibrox club complete every stage of 'The Journey'. The former Inverness Caledonian Thistle and Hearts man is out of contract at the end of next season. But he is keen to pledge his future to Rangers so he can help them compete against their Old Firm rivals. Black said: "I have been consistent this season and the manager has been happy enough to play me every week. I have been doing something right. "I just need to work hard, keep my head down and try to earn myself a new contract. "I have got this year and n
  8. DAVE KING made the following statement tonight: "I confirm that I held talks with Rangers Chief Executive Craig Mather and Finance Director Brian Stockbridge in South Africa. I wished the discussions to remain confidential until something definite was agreed- one way or another. I have maintained that confidentiality. However, given my awareness of incorrect inferences being drawn in the media I would like to make a limited statement at this time. "The discussions were, to my mind, very positive and it was agreed that subject to the normal regulatory approval I would put my name forward t
  9. Tom English: â??Paul Murrayâ??s bid was well-meaning but not based in realityâ?? Published on Sunday 4 December 2011 01:32 PAUL Murray, the former non-executive director of Rangers, raised his head above the parapet in The Scotsman yesterday when expressing his concerns about the way the club is being run by Craig Whyte, his old foe from the takeover process earlier in the year. This column has given short shrift to Murray in the past â?? and especially to his cohort, Alastair â??No Surrenderâ? Johnston, the great show-boater of the old guard. That is not to dismiss Murr
  10. One of Rangers' highest profile fans said allegations about new club owner Craig Whyte carried in a BBC Scotland documentary were "quite disturbing". John MacMillan, general secretary of the Rangers Supporters Association, said Mr Whyte was "duty bound" to make a statement to fans on the programme. He said former owner Sir David Murray should address claims that Lloyds Bank forced through the Whyte deal. Mr Whyte has instructed legal action over the documentary. Speaking to the BBC Scotland news website, Mr MacMillan said: "We have to recognise that, at this point, these are al
  11. With most media sources now suggesting the takeover of Rangers is likely to be announced to the Stock Exchange later this week, it seems the question is no longer if this deal will happen but when. On the surface the price and stipulations agreed by Whyte look to be a good for the club and supporters alike. The vast majority of the long term bank loan will be eradicated and other existing debt removed while 'new' money made available to invest into the club - around �£30million over 5 years if the 'sources' are to be believed. Given our existing owner (and his directors) have strugg
  12. I wonder when the next deadline finishes?
  13. Apr 20 2011 Exclusive by Keith Jackson DIRECTOR Paul Murray last night emerged as the mastermind behind a new bid to take over Rangers ââ?¬â?? but he faces a battle to persuade Lloyds Bank to accept his proposal. The shock new bid is the reason Craig Whyteââ?¬â?¢s planned buy-out has been delayed but it does not yet have the backing of Lloyds. Murrayââ?¬â?¢s camp claim their takeover would provide new boss Ally McCoist with an instant Ã?£25million war chest. But Whyteââ?¬â?¢s people hit back last night, claiming their bid is worth Ã?£52.5m. And a source close to Whyte als
  14. RANGERS chairman Alastair Johnston has sparked a high-stakes game of poker - with the club's future in the pot. Late on Monday night, with would-be Gers buyer Craig Whyte desperate to finally seal his �£25million takeover, Johnston REFUSED to be railroaded into rubber-stamping the deal. Instead he listened to another Gers director - understood to be chartered accountant Paul Murray - who promised he could broker a rival �£25m bid to underwrite a new shares issue in the club. SunSport believes that proposal is backed by the financial muscle of South African multi-millionaire Dav
  15. Darrell King Share 4 Apr 2011 Almost a year ago, this newspaper broke the story that Rangers were under investigation from HMRC over the use of Employment Benefit Trusts for over a decade. In the same article, we said that Lloyds Bank only had one plan for the club ââ?¬â?? cuts, cuts and more cuts. This would leave a team made up of players on low wages, with the squad supplemented by kids from Murray Park. Star names would go and, on top of that, the stadium was being neglected. We said that administration was a possibility, and that a sale would be unlikely unless someone
  16. The Rangers Supporters Trust have called on Lloyds Bank to make clear their plans as Craig Whyte's takeover bid hangs in the balance. The �£33million deal will see the Scottish tycoon take over 75% of Sir David Murray's shareholding, with London-based property developer Andrew Ellis becoming a 25% partner. However, it is understood the bank's desire for an 'exit payment' of more than �£1m is just one of the key stumbling blocks and patience is fast running out. Whyte has targeted Thursday for the deal to be concluded by which time Rangers supporters are expected to be told th
  17. THE reason for the delay in Rangers publishing their half-yearly figures is ,there are those on the Ibrox board who quite simply do not trust Lloyds. However, I believe that recent top level talks with the new men at the top of Lloyds will see Rangers release the figures this week. It surprises me that not much has been made of what has been going on at Lloyds' top table in the last month. For the fact is that since the last update on the power struggle on the Ibrox board, and my revelations about why the half yearly accounts had not been published, there have been massive changes
  18. Our current situation - It's time to face the inevitable then rebuild for the future. When you drill down to it, The Rangers support, to a man, has known at the back of its collective mind that the situation we are in is dire. Many of us will be in agreement that we�ve been urinating into the proverbial wind for 3 years yet miraculously, we have managed to avoid getting wet. Sooner or later, the stranglehold that being owned by Sir David Murray has placed us under was always going to come close to killing us. I say Sir David Murray rather than Lloyds bank specifically, as our
  19. If we're to believe some parts of the media today, MIH and Lloyds Bank have freed Rangers from any liability in the event HMRC imposed tax penalties as a result of current investigations. If true, and it seems to be, there really should now be no obstacle to a genuinely interested buyer and a genuinely intent seller. The only question should be whether we have either of these in play at the moment. If we do, surely a deal should be announced within weeks and npt delayed to bolster season ticket sales.
  20. I saw this on article on Yahoo but believe it was originally posted on Eurosport.com ...... not sure who penned it and won't claim there's much new but thought I'd share it anyway. Edit - seems it was written by one Desmond Kane (oh dear?) Rangers Pay the Price for Murray's Self-indulgence A fool and his money are soon parted. To leaders suffering from hubris, such a proverb can prove to be gruesomely true. As a spectacle, the game of football continues to contain an innate ability to reduce sober-suited, profitable businessmen to regretful rags. Sir Alan Sugar continues to be dep
  21. The following is from BBC Sport website .... looks to me like a clear pre-cursor to the deal falling through ..... but I suppose we continue to live in forlorn hope ..... By Alasdair Lamont Craig Whyte remains hopeful of concluding his proposed takeover of Rangers before the end of January. Whyte has been in negotiations with the current owner Sir David Murray since the middle of November. He had hoped to complete a �£33m deal before Christmas, but due diligence has taken longer than Whyte expected. Meanwhile, the Rangers Supporters' Trust chief has warned that fans could boycott
  22. RST Chairman "Boycott of Lloyds can't be ruled out" 07 January by therabbitt Speaking to the BBC on the subject of Walter Smith's comments regarding the controlling influence of the bank on Rangers, RST chairman Stephen Smith was pointed in his criticism of Lloyds. Rangers are currently being held at gunpoint by Lloyds and Smith intimated that the sooner the clubs hands are untied, the better. "The sooner Lloyds are disentangled from the running of Rangers Football Club the better. I'm as worried now as I was last year when the manager felt strongly enough to publicly criticise the
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