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Club statement, for what it's worth.........................

 

 

'RNS Number : 2783C

Rangers Int. Football Club PLC

15 January 2015

 

Rangers International Football Club plc

 

("Rangers" or the "Company")

 

Press Speculation

 

The Company notes the recent speculation in the press. The Directors confirm that they are currently considering various proposals to secure the financial future of the club, however no decision has been made at this time.

 

Ends'

Edited by MoodyBlue
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I wonder if Mike Ashley is going to keep his shareholding at the same level to stay under the SFA rules , but get RIFC to issue Corporate Bonds instead of shares . He could buy them and be effectively the owner through the terms of the loan , have his small shareholding so he stayed on the right side of SFA and that'd be us done up .

 

shareholding isn't the be all and end all

 

its de facto "control" of the club that he is already in breach of.

 

the club is going to be found guilty of this at the hearing in january.

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Brian Kennedy has some fucking cheek. He sold Stockport County to the fans for £1, but retained the ground and charged them rent to play on it.

 

Notice how he uses weasel words about only ever playing football there

 

aye at extortionate rent levels

 

the WHOLE purpose of this corrupt scam from the get go.

 

sale and leaseback.

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http://www.therst.co.uk/news/rst-examines-legal-action-over-ibrox/

 

The RST is taking urgent legal advice regarding the attempt by the board of Rangers Football Club to pass the most prized assets of the club to Mike Ashley. We believe the board may be acting illegally on two fronts and we will be working with any other shareholder who wishes to challenge this. Quite frankly this latest move by the board is legalised theft and we will not stand by and watch it happen. If necessary we will instigate legal action against the directors both collectively and individually.

 

We have also contacted several MPs and will be seeking political and government support to stop this attempted asset grab.

 

We would urge anyone who feels the same to support us in our efforts by joining at http://www.therst.co.uk/buyrangers and helping us fight this corrupt regime. We have to rely on our strength in numbers and each other. It is time to come together and take back our club.

 

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We believe the board may be acting illegally on two fronts and we will be working with any other shareholder who wishes to challenge this. Quite frankly this latest move by the board is legalised theft....

 

 

Is it legal or illegal? A muddled message at a time when clarity is needed.

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