Rangers First own 2.46% of Rangers (plus 0.7% voting rights)

[WATP_Greg 0]

FAN group Rangers First now owns two per cent of the Ibrox club after extending their shareholding to 1.6million shares.

 

And it has also been given another 410,000 shares in proxies ahead of next month's crucial general meeting, which could spell the end of the current board's Ibrox reign.

 

The group - Britain's biggest fan-ownership scheme - has already announced it will use its now combined 2.5 per cent stake to back Dave King's bid to oust directors David Somers, James Easdale, Derek Llambias and Barry Leach after a poll of its 11,700 members.

 

Rangers First will also vote King, Paul Murray and John Gilligan on to a new-look board of directors.

 

Spokesman Ricki Neill has praised the Light Blue faithful for their continued commitment to Rangers First ahead of the decisive March 6 meeting at Ibrox.

 

 

He said: "Rangers First has certainly captured the imagination of supporters and we are delighted to announce an increased shareholding of two per cent in Rangers Football Club with a further 0.5 per cent in proxies.

 

"I am thrilled with the growth of our organisation in just a few months as we have gone from having meetings with a small group of supporters to just under 12,000 members and there is no doubt Rangers First will have a crucial role to play at the forthcoming general meeting and beyond.

 

"Our members have overwhelmingly voted in favour of Dave King's resolutions and, like many supporters around the world, we will be heard."

[the gunslinger 3,366]

Well done guys.

[WATP_Greg 0]

Grant Russell ‏@STVGrant 22m22 minutes ago

.@RangersFirst's shareholding increase means Dave King & co have guaranteed EGM vote - by our count - of 44.8% so far http://bit.ly/140qebo

[MeAndMyWeePalJoe 12]

Terrific news.

[Laudbertz 0]

Grant Russell ‏@STVGrant 22m22 minutes ago

.@RangersFirst's shareholding increase means Dave King & co have guaranteed EGM vote - by our count - of 44.8% so far http://bit.ly/140qebo

 

I read that and got over excited before reading the rest.

Still, our almost 45% to their almost 36% has us teetering on the brink of being deleriously happy.

[MoodyBlue 0]

We can't lose this now, surely ??

 

Has to be in the bag.

[WATP_Greg 0]

Dave King Quote on Rangers First:

 

“What Rangers First has achieved is phenomenal and bears testimony to the hard work of its officers and to the active loyalty of the 12,000 fans that make up its support base. The Support for Rangers First makes it clear that we can now expect full and active fan support in ensuring that Rangers returns to its natural position in Scottish and European football. I am excited about the prospect this offers to work, as partners, with the fan representatives immediately after the general meeting on the 6th of March. We have challenges ahead and will only be successful if we pull together to reverse the damage that has been inflicted by members of the present board.”

[ian1964 10,377]

With an EGM looming at Rangers, those vying for control are nervously calculating how much support they will receive from the club's shareholders.

 

Requisitioner Dave King is confident he has over 50% of the vote to see him elected to the board, along with Paul Murray and John Gilligan.

 

In the other camp, Mike Ashley's associates Derek Llambias and Barry Leach are trying to cling on to their roles, as is James Easdale and chairman David Somers.

 

Our list details the latest picture of who holds how many shares in Rangers, as well as representing the total number of shares held by the warring factions.

 

We will update with revised shareholdings as information becomes available.

 

The list - last updated February 23, 2015http://sport.stv.tv/football/clubs/rangers/305651-who-owns-rangers-our-detailed-breakdown-of-the-shareholders-at-ibrox/

[WATP_Greg 0]

Shareholder King buoyed by Rangers First growth

 

DAVE King today insisted Rangers have the backing to return to the forefront of Scottish and European football - after Rangers First took its stake in the Ibrox club to two per cent.

 

The fan ownership group announced yesterday it has increased its shareholding in the Glasgow giants and been handed the proxies for another 0.5% ahead of the EGM next week.

 

And King, who is hoping to be elected as a director along with Paul Murray and John Gilligan on Friday week, believes that shows the level of support the Light Blues can call on.

 

The South Africa-based businessman stressed that he would work in tandem with supporters if he succeeds in ousting the current Gers board on Friday, March 6.

 

He said: "What Rangers First has achieved is phenomenal and bears testimony to the hard work of its officers and to the active loyalty of the 12,000 fans that make up its support base.

 

"The support for Rangers First makes it clear that we can now expect full and active fan support in ensuring that Rangers returns to its natural position in Scottish and European football.

 

"I am excited about the prospect this offers to work, as partners, with the fan representatives immediately after the general meeting on the March 6.

 

"We have challenges ahead and will only be successful if we pull together to reverse the damage to the club that has been inflicted by members of the present board."

 

Rangers First, which is now the biggest fan ownership group in the United Kingdom, confirmed it has increased its shareholding in Rangers to 2% and has been given the proxies for another 0.5% yesterday.

 

The group confirmed last week that it will vote in favour King's resolutions at the general meeting - and back the removal of of Derek Llambias, Barry Leach, James Easdale and David Somers.

 

Rangers First, which was incorporated as a Community Interest Company in May 2014, now boasts nearly 12,000 members and has the backing of former players including Richard Gough, Jorg Albertz, Alex Rae, Claudio Reyna, John Brown and Nacho Novo.

 

Rangers First spokesman Ricki Neill said: "Rangers First has certainly captured the imagination of supporters and we are delighted to announce an increased shareholding of 2% in Rangers Football Club with a further 0.5% in proxies.

 

"I am thrilled with the growth of our organisation in just a few months as we have gone from having meetings with a small group of supporters to just under 12,000 members and there is no doubt Rangers First will have a crucial role to play at the forthcoming General Meeting and beyond.

 

"Our members have overwhelmingly voted in favour of Dave King's resolutions and, like many supporters around the world, we will be heard."

 

Supporters can join now at http://www.rangersfirst.org for £5, £10 and £18.72 a month and Club 1872 lifetime memberships are also available.

[andy steel 0]

Not keen on this 'natural position' crap. Anything you get, you have to graft for! That sense of entitlement is what leads people like Malcolm Rifkind & Jack Straw to think they are worth £5,000 for a morning's work. It's the enemy of hard work, of which there's going to be plenty. But it was probably just a throwaway line, I hope so, anyway.

Edited February 23, 2017 by andy steel