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That's a most curious piece. Initially, the tone & wording suggest those who saw the whole thing as a PR stunt were wrong, and were confusing employee and employer contributions. However, even if it were 'only' employees' NI which was due, HMRC would have hardly turned a blind eye, thinking a transfer embargo was punishment enough.

 

Then the piece winds up by saying HMRC have 'no concerns' which, given our history, financial position and the much trumpeted expression 'winding up order', is a most odd statement - a taxpaying body cannot go from a status of 'winding-up order' to 'no concerns' in less than 48 hours. But if Forsyth knows it was cobblers, why isn't he going with it?

 

Very odd.

 

Yeah it's strange. I notice a BBC piece quoted on another thread mentions us being 'saved from administration' by Easedale yesterday so it's clearly a line the media are running with. That might be simply because the club haven't as yet denied it and because it adds even more drama to events. It also reads like whoever fed them the original NI story has come back with an 'explanation' when questioned about it's veracity in the the face of the SPFL saying 'nothing to see here'.

 

For what it's worth I remain sceptical. Easedale didn't actually give the club any money, he simply made funds available until the MacLeod money cleared, that I imagine happened today if payment was made on the 3rd. The addition of the 'imminent administration event' simply made it look like Easedale had saved us.

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com on now zappa. everyone knows that the easdales are fine upstanding members of the community and will never do any wrong to our club.

 

in fact i would like to be the first to recommend that sandy in particular have his portrait painted and hung next to the wee blue devils at the top of the marble starcase.

 

an excellent idea im sure you will agree!

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com on now zappa. everyone knows that the easdales are fine upstanding members of the community and will never do any wrong to our club.

 

in fact i would like to be the first to recommend that sandy in particular have his portrait painted and hung next to the wee blue devils at the top of the marble starcase.

 

an excellent idea im sure you will agree!

 

The thought of a Sandy Easdale portrait hanging at the top of the marble staircase is enough to put you off your dinner. :ohoh:

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Robert Sarver Statement


Further to statement issued by Rangers Int. Football Club Plc ("RIFC") on 5 January 2015, Robert Sarver, the US financier and majority owner of the National Basketball Association franchise Phoenix Suns, confirms that he has made an approach to the Board of RIFC with a view to explore the possibility of purchasing the entire issued share capital of the company. Mr Sarver also notes the deadline of 5.00 p.m., 2 February 2015 in accordance with Rule 2.6(a) of the City Code on Takeovers and Mergers (the "Takeover Code"). Nothing in this announcement constitutes an announcement of a firm intention to make an offer in accordance with Rule 2.7 of the Takeover Code. There can be no certainty that an offer will be made nor as to the terms on which any offer might be made.

 

Mr Sarver revealed that it was conversation with former Rangers player, Davie Robertson, now a successful youth football director in Phoenix, Arizona, which first sparked his interest in the club.

 

Speaking from Arizona, Mr Sarver said: "My three sons all play soccer, as we call it here in the US, for Davie's club.

 

"Initially, I'd had some of my advisors examining potential investments in teams in the English Premier League and in Spain, but Davie encouraged me to take a close look at Rangers.

 

"Like all Rangers fans, he's really upset about how far the club has fallen in recent years and the more we spoke, the more interested I became.

 

"I'd be the first to admit that I'm not a lifelong Rangers supporter, but anyone who knows me is aware that I'm a genuine sports fanatic and owning two major basketball franchises for the past decade has been an enormous privilege.

 

"I've spent the vast majority of my career in public companies and I'm used to working in very highly regulated environments. I understand the crucial importance of business integrity and transparency.

 

"Rangers fans have every right to be wary about someone showing an interest in the club they love, especially given some of the events of recent years.

 

"First and foremost I believe what the club needs today is a very quick, major injection of capital to stabilise things and I can give the Rangers supporters a categorical assurance that I have the resources and ability to get this club back to its elite level.

 

"I'm looking forward to building a consensus amongst supporters and prominent Rangers-minded figures who have the long-term success of the club at heart.

 

"I've had detailed research carried out on Rangers and I'm convinced that we could take it back to the top of the Scottish game on a stable and sustainable basis."

 

Mr Sarver is a highly-respected CEO of New York Stock Exchange-listed Western Alliance Bancorporation, a $10 billion dollar bank holding company, and also sits on the board of directors of two other major publicly-listed US companies, Meritage Homes and Skywest Airlines.

 

He has already provided proof of funds to the Rangers board.

 

A high-profile figure in US sports, he purchased a majority ownership in the Phoenix Suns basketball franchise in 2004. During Mr Sarver's tenure the team boasts the fourth-best winning record in the NBA. Women's basketball is also big in the US and, under Mr Sarver's ownership, Phoenix Mercury has won three WNBA titles.

 

Former Rangers Football Club player, Davie Robertson, said: "I've known Robert for several years. He has been very supportive of our local club and has a very good reputation in the US.

 

"When he said he was looking to invest in football in Europe, I told him right away that Rangers could really be doing with someone with his track record. I explained how far the club has fallen, but that there was huge potential to rebuild it."

 

Mr Robertson, who played 245 times for Rangers over six seasons and was part of the side which won nine-in-a-row, continued: "Even though I'm now based over here, I always watch really closely how things are going at Ibrox and it's tragic to see how a club which was once a force in Europe has been brought so low.

 

"I can tell every Rangers fan in Scotland and abroad, if Robert Sarver is successful in becoming part of the club, he'll not rest until they are back on top again."

 

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12204609.html

 

That was quite an interesting read.

 

If Sarver is serious about getting involved he should try to buy out the whole GreenCo/BPH/Margarita/Easdale shareholder block, but he'd have to be prepared to pay considerably more than the current share price.

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Posted on FF re Richard Wilson on Radio Scotland

 

Quote:

 

Said need cash by end of month, there are 4 options.

 

1. More funding from Ashley. Can't be equity because of SFA so must be loans. Not much left to secure on (MP only) and can't be converted to equity later because of SFA - unlikely

2. Funding from other shareholders - King & 3Bs. Needs change of control

3. External funding, Sarver etc. Unlikely without some emotional attachment due to the likely £30m required to rebuild. External funders will want control just like King & 3Bs.

4. Administration, unlikley that a judge would allow directors to put club into admin when investment is on offer.

 

Option 2 most likely in Wilson's opinion

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