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For it is oldco but it is beautiful


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Today on #Gersnet in his début for the main site, @garyvalentine_ proclaims 'For it is oldco but it is beautiful' - Also contains Ally forgiveness

 

http://www.gersnet.co.uk/index.php/news-category/current-affairs/439-for-it-is-oldco-but-it-is-beautiful

 

If I was to ask any football fan in the world to tell me the name of the football team they support, with the blink of an eye they could give me an answer. If I asked the same fan again to ask me the company number of the company which runs said team I am sure I would get a funny look - maybe not in Scotland right enough. My point is holding companies, call them what you like, do not matter a jot in terms of football. You are a football fan and you support your team through thick and thin.

 

However last week we all woke up to the story that Dave King had stated during his sit-down interviews with several newspapers that he planned on bringing the Rangers oldco - RFC 2012 - out of liquidation and merge this with the newco once all the court cases were complete. Now I am not going to get in the legalities of this, as unlike our friends from the east end of Glasgow, I am no expert in this field.

 

The premise is that there is a reasonable chance that once all monies are recovered from various court cases and settlements, the Rangers oldco could, in theory at least, have a surplus. Moreover, according to King, it may be possible to resurrect the oldco and return the club back under the holding company which was created in 1899 to create funds which built our beautiful, iconic main stand.

 

As I said above a company number means nothing in the real world - unless you’re a Celtic fan it seems - but this isn’t just any company. It’s one which has so much history connected to our great club. We truly are more than just a football team, we are a Scottish institution - indeed a British institution. It is also a company which has links to our very first manager, William Wilton.

 

I for one hope this is do-able. The talk of as much as 100p in the pound return to our creditors and all those fans who lost shares and debentures is a nice touch as well. It’s the Rangers way.

 

As it stands, King has delivered almost everything he has said he would in a very short space of time. Now this issue may take years after all the court cases but it’s a big statement for King and I doubt he'd have made such a controversial suggestion if he wasn't confident. Certainly his critics will be keen to pounce if he doesn't follow through on it.

 

And finally...

 

Ally McCoist was finally taken off the Rangers payroll last week. He was my hero growing up - a living legend. The video of his last Old Firm goal still gives me goosebumps to this day. Tears streaming down his face. A true Ranger but for varying reasons fans now have mixed emotions on him.

 

I must admit I am now the same but the truth is no-one knows the ins and outs of what went on behind the scenes during Whyte’s reign, during admin, during the Green takeover and all the accompanying nonsense. He was also a poor manager, no getting away with that, but a man who has given so much to our club on and off the park should always be welcome back to Ibrox and McCoist should be no different. Arguably it took longer than all had hoped to sort this but as King said last week there have been much bigger problems to sort than Ally McCoist.

 

With those comments in mind, I hope that’s the issue done and dusted. It's now more important the fans can move on and look forward to the Warburton revolution. I wish Ally all the best in whatever he does next and hopefully he will be back at Ibrox soon enough - with his mum of course!

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As you say nobody knows the real truth yet so Allys been getting it right left and centre I think we can all agree ally wasn't cut out to manage rangers he had too many pals so until it comes out I'm keeping an open mind he will always be our record scorer and one thing you can't take away from him...He went through the season undefeated

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I only ever met Ally once and that was with Walter coming out the school car park across from Ibrox. It was a surreal moment for me standing idly chatting to two legends you have known, but not personally known for years. Great moments in your life you shared with them, but on a different level, but non the less you want to talk about those days as if you were together during them. Life's to short to hold grudges against family, i keep that nicely tucked away for our enemies, b@stards what they are.

 

Anyway if i ever run into Ally again it will be like old times again, with him wondering who the feck is this wee guy is haha.

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Lol answer me this so&so, was John Greig less a legend when he was sacked and walked away with rangers money? Or big jock? Ally resigned I think knowing he wasn't the man to take us forward it was the Ashley board that put him on gardening leave

 

What John Greig & Jock Wallace got when they left Rangers was peanuts in comparison to what McCoist got

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Lol answer me this so&so, was John Greig less a legend when he was sacked and walked away with rangers money? Or big jock? Ally resigned I think knowing he wasn't the man to take us forward it was the Ashley board that put him on gardening leave

 

If he had resigned honourably he would have left with no pay off. He was removed from position of manager by the board but they opted to continue paying him for one year as per contract rather than cough up the utterly obsene amount of money in a oner..... still feel the same way about super?????

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I hope that when Ally does turn up at the stadium that it doesn't take the focus away/distract from the good & united-behind-the-team feelings that everyone has been reporting thus far this season. Opinion seems divided on forums and, as ever on internet forums, extreme positions are generally favoured. It would be a shame if this was replicated at the ground.

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I hope that when Ally does turn up at the stadium that it doesn't take the focus away/distract from the good & united-behind-the-team feelings that everyone has been reporting thus far this season. Opinion seems divided on forums and, as ever on internet forums, extreme positions are generally favoured. It would be a shame if this was replicated at the ground.

He wont be back until BT roll up for our first return to champions league action. Of course he will getting paid handsomely for spouting pish.. ahh just like the good old days....

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