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A couple of Takeover rumours


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... to give you sweet(er) dreams:

 

EXCLUSIVE : Scottish multimillionaire mulling over Rangers takeover

 

On a day that will go down as one of the darkest in Rangers’ history to date, Hitthebyline can reveal what could prove to be a shining light at the end of a tunnel of turmoil for the club.

 

A Hitthebyline insider has had advanced discussions with Jim McColl OBE, who has expressed a desire to end the disastrous reign of Craig Whyte.

 

Last month, McColl was mentioned by former Rangers director Paul Murray as being a key figure in a potential consortium to mount a takeover bid. However, it would seem since then that McColl has had a change of heart, and would now like to champion the takeover on his own, (as our insider learned at the weekend while speaking to him at Cathkin Braes golf club).

 

McColl is understood to be watching intently and mulling over his options as he looks to become the successor to Craig Whyte, and ultimately end the suffering of the Ibrox faithful.

 

The Carmunnock born businessman has a reported fortune of over £800m, with a far more transparent and upstanding reputation than the clandestine Mr Whyte. The Daily Record reported in November of 2008 that McColl had overtaken Tom Hunter as Scotland’s richest man, and with recognition in the Queen’s Birthday Honors list of 2001, Rangers would be inclined to put to put their faith in the seemingly upstanding businessman, should any takeover bid emerge.

 

As a lifelong Rangers fan, McColl has long been rumoured to enter into financial involvement with his boyhood heroes. In 2010, the Sunday Herald also reported that he was to be the bankroller of a Rangers Supporters Trust takeover bid, which was to make the club wholly owned by the supporters (in a similar setup to how Barcelona currently operate). This has since proved to be not entirely true, but the multimillionaire conceded to the fact he was providing financial advice to the supporters trust.

 

In this age of uncertainty for the Glasgow giants, it remains to be seen whether the successful entrepreneur will firm up his interest in the club. With his interest in the club now declared, all eyes will now be on him to see when and if he takes the next step.

 

Initially from FF

 

... and something in that very same thread:

 

Not happening.

 

Blue Knights bid is in and provisionally accepted.

 

Awaiting one signature.

 

plus

 

I don't know who's signature it's waiting on, but it was put in yesterday, and provisionally accepted.

 

4 men involved, genuinely don't know who beyond P Murray

. Edited by der Berliner
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I think the suggestion was all bids lodged by 16th would be accepted.

 

Paul Murray, Dave King, Alistair Johnston & Douglas Park? Only one man with real wealth there.

 

And SARS are supposed to have that tied up.

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Would much rather see Jim McColl OBE gain control of club his bid I am led to believe went in last week to avoid redundancies and was told it wouldn't be considered until 16th.

 

Blue knights are undoubtedly Rangers men but would they be able to take us forward long term ?

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I'd like to see any proposals put to the support before any decision is taken.

 

That would be the best option, but the way it will unfold is that the best deal will be scrutinized by the administrators and they say Yes! or No!. At this moment and time, we need to get out of this mess first and foremost. If it is a consortium or a lone chairman, we can always try and do the membership scheme and/or share issue stuff afterwards too.

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