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If this so called story is true then we probably have dodged a bullet with Ellis , if he is a property developer then he would have known a quick visit to the land registery followed up by a call to Glasgow planning would have given him all the answers he would needed regarding land owned and uses of this land .

 

There would have been no need to conduct and due dilligence nor any need to go public , I dont know what game is being played out here , but we are being made to look like mugs , yet again . :(:(

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I think he is referring to this...

 

http://www.heraldscotland.com/sport/spl/rangers/comment-the-for-sale-sign-will-still-be-up-at-ibrox-next-week-1.1014429

 

Comment: The ââ?¬Ë?for saleââ?¬â?¢ sign will still be up at Ibrox next week . . .

 

Ibrox Stadium

 

Michael Grant

 

 

Published on 18 Mar 2010

 

Land redevelopment, local authority blueprints, planning permission, property dealers, Tesco versus Asda.

 

Anyone remember when Rangers used to be a football club? Walter Smith is entitled to stride around his club like a giant but right now there must be days when even he feels like a pretty small cog in the wheels. Forces are at work around the sale of Rangers which make the manager, coaches, players and supporters ââ?¬â?? in other words, the essence of what a club should be about ââ?¬â?? seem as relevant as pawns.

 

There were denials from Rangers last night but it is widely expected that at the start of next week Andrew Ellis will close his briefcase, say his thank-yous and walk out on negotiations to buy the club. Doubtless there will be little or no mourning of his departure from supporters who will conclude that his interest in the club itself ââ?¬â?? rather than its physical hinterland ââ?¬â?? was negligible. But Ellis cannot be said to have deceived anyone on this. Right from day one he has been described as a property developer. How can Rangers be of any interest to him without property to develop?

 

Still, Ellis�s time on the dancefloor is revealing about where Rangers stand. The club has been on the open market for months and presumably up until now any potential bidder has been under the impression that Ibrox came with some juicy adjoining land which could be carved up for lucrative retail developments. Even then, potential bidders haven�t exactly been falling over themselves to beat a path to owner Sir David Murray�s door.

 

Now the expected end of the talks with Ellis and the reason for their collapse ââ?¬â?? that the prime adjoining land isnââ?¬â?¢t quite so prime after all ââ?¬â?? will underline that whatââ?¬â?¢s on the market here is a football club and no more. A football club which can deliver glory and celebrity and fame and a degree of status, but not one that is going to make anyone any money. Without any marketable land to seduce would-be buyers, an entire constituency of potential bidders is wiped out. The disappearance of Ellis would confirm that Murrayââ?¬â?¢s only hope of shifting Rangers at any price is to offload the club to a wealthy supporter or a consortium of them. The limited income from broadcasting and sponsorship in Scottish football, and the increasing difficulty in getting to the Champions Leagueââ?¬â?¢s riches, means it makes absolutely no sense for anyone to buy Rangers unless they actually care about them.

Without any marketable land to seduce would-be buyers, an entire constituency of potential bidders is wiped out.

Michael Grant

 

Ellis is believed to have had the endorsement of Murray and others. So what does that mean? Famously Murray has always said he would sell only to someone with Rangers� best interests at heart. If it�s not going to be Ellis, does that mean anyone else would be worse for the club in Murray�s eyes?

 

The only other reported interest was from existing non-executive directors Dave King and Paul Murray, along with two other unidentified businessmen, who sounded out the board about a possible �£18m bid in January.

 

King, Murray and the others are ââ?¬Å?Rangers menââ?¬Â but so far they havenââ?¬â?¢t brought enough money to the table and stories persist about much of Kingââ?¬â?¢s assets being frozen by the South African tax authorities.

 

Ellis was no supporter but he had the readies, or at least it seems that he did when he thought he was getting more than a football club.

 

Throughout all this the pawns go about their duties. Smith, Ally McCoist and Kenny McDowall work without contracts. Kris Boyd, Nacho Novo, Kirk Broadfoot and DaMarcus Beasley see their deals wind down to their final weeks. None of them knows where he�ll be next season. The football department should matter more than anything, but in all this it seems small and vulnerable.

 

They go about their shift in a state of denial, hardly daring to think what it will mean for Rangers if Ellis says what he�s expected to in the next few days.

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The whole pantomime is becoming somewhat less than comical and more than farcical, when britney after allegedly interviewing our chairman still claims to be unsure of Murray's decision making powers, what a trumpet to go with all the other trumpets.

 

Just a thought but if Ellis refused to comment (allegedly) when given the opportunity by the ET, under pain of SE rules according to him, why would he allegedly comment through a poster on a website.

Edited by wabashcannonball
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Just a thought but if Ellis refused to comment (allegedly) when given the opportunity by the ET, under pain of SE rules according to him, why would he allegedly comment through a poster on a website.

.

There's nothing official about those supposed communications and they can't be proven without going to great lengths, so we can only assume that they essentially don't break any rules unless taken up by authorities and proven.

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Does anyone actually swallow the story that this Northampton Loyal guy is given Ellis' mobile number and just calls him up out of the blue and gets all this information? Am I the only one who thinks there is a rather large pile of shite circulating around this topic? Has Walter Mitty reincarnated in our own back yard?

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