caseyjones 0 Posted May 15, 2012 Share Posted May 15, 2012 (edited) http://www.express.c...-chest-for-Ally CHARLES GREENâ??S consortium will hand Ally McCoist a multi-million pound war chest this summer â?? if the Scottish Football Association can be persuaded to drop their transfer embargo. Express Sport spoke to one of Greenâ??s backers, former Sheffield United owner Mike McDonald, and he admitted that their group have serious wealth that has been put together from the medical worlds of Kuwait, Abu Dhabi and Singapore alongside major investment from European and UK property developers. Top football agent Paul Stretford will also have a major involvement in the football operation, helping the club to buy and sell players. McDonald admitted that once Greenâ??s consortium complete their takeover and sort out the debts they are willing to plough significant amounts into the team to help McCoistâ??s team to become big players in Scotland and the Champions League. That investment, however, may have to be delayed unless Wednesdayâ??s SFA appeal against their one-year transfer ban is overturned. Charles has brought significant funds to the table because we know we need hundreds of millions to be successful at this level. â??It is pointless to get involved if we werenâ??t going to invest in the playing side right away,â? McDonald stated. "We see that as a major priority, although, obviously, that is dependent on the Scottish Football Associationâ??s transfer embargo. We know that Ally McCoist needs to strengthen his team and also to keep some of the players he already has at the club. *â??We have got all our funding together for every aspect of the take over and now it is just a case of sorting it out. Charles has had a good conversation with Ally McCoist and we want him to carry on managing the team. â??There are a lot of people who are in this game for the publicity and think they can run a football club on a shoestring but it just isnâ??t possible, I know that. We will not be throwing silly money at things like Manchester City but we know we have to have enough money to carry our plans out.â? It was McDonald who advised Green to get a group of businessmen together if he was really serious about buying Rangers.He admitted: â??That is the reason why there is a consortium involved because unless you are a sheikh or you have extreme wealth then it is very difficult for one person to fund a big-name football club, like Rangers. â??I told Charles that if he wanted to do it then he would need to go down the road of a consortium so we would have the financial clout that Rangers needed.* Charles has gone away and done that and that is why we will have money coming from Europe, the UK, Kuwait, Abu Dhabi and Singapore.â? McDonald has also assured the Rangers fans that Greenâ??s consortium are the real deal. They have the funds and the backers and they also know the football world and are committed to the club in the long-term â?? with the Champions League success their ultimate goal.** â??Every one of the consortium wants to get Rangers back where they should be,â? McDonald admitted. â??It is a massive club and it should be at the forefront of British and European football. Why canâ??t that be done?* I know it canâ??t be achieved overnight but we have a long-term plan to achieve that goal. We have to sort the club out and to get them back on a stable and sound financial footing. Charles is definitely in it for the long haul.â?* Green has been given the green light from Duff and Phelps to take Rangers out of administration and they hope to have their deal completed by next month.The new owners plan to go down the road of a Creditors Voluntary Agreement although they have put a fall-back newco plan in place should they fail. They are also aware many of McCoistâ??s first-team can also leave this summer as a result of clauses put into contracts when they agreed wage cuts with the administrators. I smell shite. Edited May 15, 2012 by caseyjones 0 Quote Link to post Share on other sites More sharing options...
bluebear54 0 Posted May 15, 2012 Share Posted May 15, 2012 http://www.express.c...-chest-for-Ally I smell shite. It's pervasive .... I smell it too. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted May 15, 2012 Share Posted May 15, 2012 Some folk will lap this up as well. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,199 Posted May 15, 2012 Share Posted May 15, 2012 Even if they do have money behind them I'd fancy the chances of them splashing tens of millions on the squad (with no European football and minimal chance of return) are non-existent. 0 Quote Link to post Share on other sites More sharing options...
Gazza_8 233 Posted May 15, 2012 Share Posted May 15, 2012 Didn't Whyte say we'd have X amount of millions to spend every summer? Hmmmmmm....... 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted May 15, 2012 Share Posted May 15, 2012 I answered with this on another thread. This statement makes me very nervous: "we know we need hundreds of millions to be successful at this level." I have said often on here a conman will tell you exactly what you want to hear. That story has made me even less trusting as I was. 0 Quote Link to post Share on other sites More sharing options...
caseyjones 0 Posted May 15, 2012 Author Share Posted May 15, 2012 One minute Green is saying that we will be living within our means and that ST prices will rise, then we have this. 0 Quote Link to post Share on other sites More sharing options...
caseyjones 0 Posted May 15, 2012 Author Share Posted May 15, 2012 I answered with this on another thread. This statement makes me very nervous: "we know we need hundreds of millions to be successful at this level." I have said often on here a conman will tell you exactly what you want to hear. That story has made me even less trusting as I was. Apologies, I didn't know that there was another thread on it. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted May 15, 2012 Share Posted May 15, 2012 (edited) One minute Green is saying that we will be living within our means and that ST prices will rise, then we have this. Well it's actually not Green saying we have millions it's one of the backers, which I find a bit strange telling the creditors they have loads more money than they have put on the table. Instead of having a pop at a press soundbite line is no one on to the backers he gave enough clues away in that report. This McDonald looks like another Whyte/Murray. Never mind Paul Stretford for every good story you get 10 bad ones. Edited May 15, 2012 by GovanAllan 0 Quote Link to post Share on other sites More sharing options...
caseyjones 0 Posted May 15, 2012 Author Share Posted May 15, 2012 Well it's actually not Green saying we have millions it's one of the backers, which I find a bit strange telling the creditors they have loads more money than they have put on the table. Instead of having a pop at a press soundbite line is no one on to the backers he gave enough clues away in that report. This McDonald looks like another Whyte/Murray. Never mind Paul Stretford for every good story you get 10 bad ones. So who are the backers, Sherlock? 0 Quote Link to post Share on other sites More sharing options...
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