Frankie 8,178 Posted June 19, 2012 Share Posted June 19, 2012 http://www.therangersstandard.co.uk/index.php/articles/current-affairs/125-questions-for-charles-green With the news that Walter Smithâ??s consortium have pulled out of the bidding for Rangers, we are now left with the prospect of Charles Green being the â??only show in townâ?. Are we going to make the same mistakes as before, or are we going to learn from the past and understand that there doesnâ??t have to be an alternative available for us to ask questions of the people in charge of our club? Charles Green has consistently said that he understands the fans worry over the people taking over the club. Letâ??s see if that is just more talk. I am a season ticket holder at Ibrox and if Mr Green can answer these questions to my satisfaction then Iâ??ll renew my ticket. If not then I have to seriously ponder the sense in giving my money to a man who has refused to allay the fears of thousands of fans. 1. Blue Pitch Holdings were named as investors by Charles Green. Who are they and who do they represent? Iâ??ve googled them and canâ??t find a thing. Who is the investor behind them and how much of our club do they own? 2. Zeus Capital is an investment fund - they have invested someoneâ??s money in our club. Whose money? Is it a large group of people or one or two? How much of our club do they own? 3. Chris Morgan is named as an investor â??on behalf of a family trustâ?. Which family trust? 4. Weâ??ve been told that no one person will own more than 10-15% of our club. At the moment, there are at most 5 investors. Iâ??m no mathematical genius but that doesnâ??t quite work. Letâ??s have a breakdown of how much each named investor owns. Who is the majority shareholder calling the shots? 5. How much working capital does Mr Green have to fund our club? It is reasonable for him to expect that season ticket money will be used for the costs of running our club but he has yet to show he is committing any of his own investorsâ?? funds to this. Is he expecting the fans to fund the club alone in order to make a profit for himself and his investors? 6. There were allegations made in the press last week that a man named Rafat Rizvi, at one point wanted by Interpol, was involved in Charles Greenâ??s consortium. Can he categorically deny that this man is involved in any of the groups investing in the club? 7. Mr Green provided proof of funding to Duff and Phelps. How many of the people who contributed to this proof of funding are still involved in his consortium? Was it Zeus, Blue Pitch et al who provided the funding shown to D&P? 8. Will season ticket holders be told as a matter of urgency what the contingency is for Rangers not being allowed entry to the SPL? A season ticket for Division 3 should be significantly cheaper â?? will refunds be issued if that happens? 9. Can Mr Green ensure that his consortium will not accept the removal of titles as a price of entry to the SPL? Will he at least confirm that fan groups and ALL season ticket holders will be consulted if there is any possibility of this being the case? Under those circumstances, the fans deserve to decide if we should accept SPL sanction or apply to the SFL. 10. Can Mr Green give some clarity on why no Rangersâ?? supporting businessmen will commit funds to his consortium? What is in the business plan that they find so at odds with their wish to see the club on a secure footing again? Iâ??ve heard fans say Green canâ??t yet answer these questions. Iâ??ve heard them say that we have to back the club no matter what. We do have to back the club but we canâ??t hand over millions of pounds to a man who refuses to answer these fundamental questions. Lots of issues are up in the air but Charles Green knows who his current investors are. He knows who is and isnâ??t involved. He knows how much working capital he has in the bank. The fans are being bombarded from all sides at the moment. Whether it is the SFA, SPL or the promise of a club legend leading a consortium itâ??s hard to know where to focus our efforts. Itâ??s understandable that weâ??ve taken our eye off the ball, but Mr Green promised us answers and he simply hasnâ??t yet delivered. We have a week to renewals. I want to buy my season ticket. I want to support my club now more than I maybe ever have before. I will not, however, sleep walk into a situation where I commit money without clarity on these issues. We have to get some answers. I hope Mr Green is no Mr Whyte, but I will not repeat the mistake of believing that â??the only show in townâ? must be backed at all costs. 0 Quote Link to post Share on other sites More sharing options...
Fury 0 Posted June 19, 2012 Share Posted June 19, 2012 Thanks Frankie - just popped on to do that! 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,178 Posted June 19, 2012 Author Share Posted June 19, 2012 Thanks Frankie - just popped on to do that! Leave the money in the usual drop... 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 19, 2012 Share Posted June 19, 2012 this is spot on. their may be some things we can't be told but plenty we can. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,178 Posted June 19, 2012 Author Share Posted June 19, 2012 (edited) I think the piece is pretty fair. OK, as I said the other day, perhaps Green is entitled to be a bit p!ssed off at the lack of support but quite simply he's not been open enough and the fact questions do remain means the fans will struggle to commit to his vision. This means opening up is for his own good - as much as ours. Of course, this also applies to other bidders who continue to hang around the fringes. It's all well and good wanting the fans to stand behind a change of owner (again) but if you want us to pressure the existing guy, some quid pro quo would be nice. That criticism applies to fan groups as well. As always, it really is pretty amazing just how poorly treated our fans are. Yet, we allow ourselves to be quite often! Edited June 19, 2012 by Frankie 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted June 19, 2012 Share Posted June 19, 2012 He seems to be having meetings with RFFF every day. Yet we never hear from RFFF. 0 Quote Link to post Share on other sites More sharing options...
Whosthedado 1,519 Posted June 19, 2012 Share Posted June 19, 2012 The last Paragraph in the OP sums it up for me. I want to renew and probably will end up doing so. However until we know more of Green's intentions/plans my money is staying in my pocket and I think a lot of Bears will be thinking the same 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,178 Posted June 19, 2012 Author Share Posted June 19, 2012 He seems to be having meetings with RFFF every day. Yet we never hear from RFFF. It's a fair point as well - an update would be nice. Problem is I'm sure all the assurances will be positive which does put us in an awkward position. No-one is coming out of this with much credit unfortunately. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,178 Posted June 19, 2012 Author Share Posted June 19, 2012 The last Paragraph in the OP sums it up for me. I want to renew and probably will end up doing so. However until we know more of Green's intentions/plans my money is staying in my pocket and I think a lot of Bears will be thinking the same Yeah, that's Green's major problem. I don't see many people renewing (for or against the guy) until a variety of issues are sorted. Green doesn't seem to be doing much to persuade people either. McColl et al will have stepped back to try and minimise the (also valid) criticism that has gone their way. They'll be ready and willing to step back in should Green find the situation too hot to handle. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 19, 2012 Share Posted June 19, 2012 He seems to be having meetings with RFFF every day. Yet we never hear from RFFF. I've seen them deny they met him today. I think he speaks to some of the rfff. 0 Quote Link to post Share on other sites More sharing options...
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