pete 2,499 Posted January 10, 2016 Share Posted January 10, 2016 It's a laudable aim, Pete, but TBH Rangers are just too big. Fan influence is the nearest we are going to get, unless Mr King eventually buys it outright and gifts it to the Fans or we start with a blank sheet of paper a la FC United of Manchester. I agree it is a big ask but Rome was also not built in a day. Chipping away gradually for a bigger influence is indeed the way to go for me. 26% of the shares would mean that no 75% vote could be passed unless the fans wanted it. That would be a great first aim. 0 Quote Link to post Share on other sites More sharing options...
aweebluesoandso 290 Posted January 10, 2016 Share Posted January 10, 2016 What guarantee does a supporters group owning an asset give that it is in good hands. None that I can see. Look at the mess the RFF ended up in. If supporters groups buy enough shares they can make sure by voting that Assets remain a part of the club. We should want to own the club and therefore the assets. What guarantees do we have atm, we or King just manage to snatch most of our assets out the clutches of Ashley. What if King was to die, god forbid. maybe his family might want to sell his shares to the highest bidders.? there's no guarantees, but i trust the support before anyone else. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted January 11, 2016 Share Posted January 11, 2016 What guarantees do we have atm, we or King just manage to snatch most of our assets out the clutches of Ashley. What if King was to die, god forbid. maybe his family might want to sell his shares to the highest bidders.? there's no guarantees, but i trust the support before anyone else. No guarantee but I still don;t believe putting Ibrox or Murray park into the hands of a supporters group is the way to go. The club could then become hostage to a supporters group. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted January 11, 2016 Share Posted January 11, 2016 (edited) Scots football fans could be able to buy clubs under new plans to create bailout pot for cash-strapped teams 17:09, 10 Jan 2016 Updated 17:10, 10 Jan 2016 By Paul Ward , Andy Newport BACKERS of the proposed community sports fund hope the offer of tax incentives for investors would allow a stockpile of cash to be built up to help rescue troubled clubs. The new proposals were drummed up in a special summit hosted by Supporters Direct Scotland at Hampden FOOTBALL FANS in Scotland could soon be given help to buy their cash-strapped clubs if plans for a new lending pot are passed. Backers of the proposed community sports fund hope the offer of tax breaks for investors would allow a stockpile of cash to be built up to help rescue troubled clubs. According to a study published today by the independent Lolben Consultancy, the fund would soon become "self-financing" with the help of private social investors and allow supporters to borrow the necessary funds to save their clubs. The report, commissioned by Supporters Direct Scotland (SDS) and published to mark its annual summit at Hampden , also claims that social investors could be attracted by qualifying for 30% income tax relief. It says: "The proposal of creating a sports specific fund providing affordable social investment to community trusts has merits and will meet a recognised need." SDS, founded in 2002, has helped to establish more than 30 supporters' trusts, 18 of which have a director on the board of their club. Sports minister Jamie Hepburn was a keynote speaker at the summit , which welcomed supporters and politicians to discuss the future of fan involvement in football governance. A government consultation on supporter involvement remains open until January 15 and Hepburn wants more people to take part . He said: "I firmly believe there is a powerful and persuasive case for supporter involvement and - where appropriate - ownership of their clubs. "It is commonplace in the Bundesliga so often held up as an example of best practice on and off the field. "And supporter involvement and ownership is gaining momentum here in Scotland too. Hearts and Motherwell are pursuing high-profile fan ownership models, while other clubs like Clyde, Dunfermline and Stirling Albion have led the way. "So fan involvement and ownership can - and does - work." http://www.dailyrecord.co.uk/sport/football/football-news/scots-football-fans-could-able-7152250 Edited January 11, 2016 by pete 0 Quote Link to post Share on other sites More sharing options...
aweebluesoandso 290 Posted January 11, 2016 Share Posted January 11, 2016 No guarantee but I still don;t believe putting Ibrox or Murray park into the hands of a supporters group is the way to go. The club could then become hostage to a supporters group. Like the club has never been held hostage lately, least with the supporters it will be given some TLC in it's captivity lol. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted January 11, 2016 Share Posted January 11, 2016 Like the club has never been held hostage lately, least with the supporters it will be given some TLC in it's captivity lol. Spend your money on an asset and you will have just that. A car park! You will still have no say in the running of the club. Get 26% of the shares and ALL the assets will be safe. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted January 11, 2016 Share Posted January 11, 2016 Scots football fans could be able to buy clubs under new plans to create bailout pot for cash-strapped teams 17:09, 10 Jan 2016 Updated 17:10, 10 Jan 2016 By Paul Ward , Andy Newport BACKERS of the proposed community sports fund hope the offer of tax incentives for investors would allow a stockpile of cash to be built up to help rescue troubled clubs. The new proposals were drummed up in a special summit hosted by Supporters Direct Scotland at Hampden FOOTBALL FANS in Scotland could soon be given help to buy their cash-strapped clubs if plans for a new lending pot are passed. Backers of the proposed community sports fund hope the offer of tax breaks for investors would allow a stockpile of cash to be built up to help rescue troubled clubs. According to a study published today by the independent Lolben Consultancy, the fund would soon become "self-financing" with the help of private social investors and allow supporters to borrow the necessary funds to save their clubs. The report, commissioned by Supporters Direct Scotland (SDS) and published to mark its annual summit at Hampden , also claims that social investors could be attracted by qualifying for 30% income tax relief. It says: "The proposal of creating a sports specific fund providing affordable social investment to community trusts has merits and will meet a recognised need." SDS, founded in 2002, has helped to establish more than 30 supporters' trusts, 18 of which have a director on the board of their club. Sports minister Jamie Hepburn was a keynote speaker at the summit , which welcomed supporters and politicians to discuss the future of fan involvement in football governance. A government consultation on supporter involvement remains open until January 15 and Hepburn wants more people to take part . He said: "I firmly believe there is a powerful and persuasive case for supporter involvement and - where appropriate - ownership of their clubs. "It is commonplace in the Bundesliga so often held up as an example of best practice on and off the field. "And supporter involvement and ownership is gaining momentum here in Scotland too. Hearts and Motherwell are pursuing high-profile fan ownership models, while other clubs like Clyde, Dunfermline and Stirling Albion have led the way. "So fan involvement and ownership can - and does - work." http://www.dailyrecord.co.uk/sport/football/football-news/scots-football-fans-could-able-7152250 I meant to post about this on here on Friday after accidentally reading about it on the SFA site because I thought it was strange of SDS to hold a summit on the same day as both OF sides were playing Scottish Cup ties. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,198 Posted January 11, 2016 Author Share Posted January 11, 2016 I meant to post about this on here on Friday after accidentally reading about it on the SFA site because I thought it was strange of SDS to hold a summit on the same day as both OF sides were playing Scottish Cup ties. It was organised quite a while before the ties were drawn (then moved for TV). 0 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted January 14, 2016 Share Posted January 14, 2016 http://www.eveningtimes.co.uk/sport/14206094.Rangers_fans_drop___500k_loan_plan_despite_widespread_support/ A FANS shareholder group has dropped plans to provide the Ibrox club with a £500,000 loan despite a members vote being 96.58 per cent in favour. A Rangers First circular has revealed that only 2.88 per cent were against the idea and 0.54% abstained. William McIntyre, a fan for around 50 years, who was appointed as one of the first five directors of the community interest company, left the board over a week ago while a row blew up over the proposals to provide a £500,000 interest free loan to Rangers. Rangers since stated it is not considering further loans at this time "beyond what has already been committed and announced". Rangers First, the eighth biggest shareholder group at the club, began polling members over the potential loan with a deadline of Sunday. A group circular said: "The vote has seen overwhelming support for the principle of the loan. Following the club’s announcement last week regarding our proposal, we will continue to examine ways to assist and support our club and in so doing, pursue the objectives of Rangers First. "In future, if the members of Rangers First wish to revisit this idea then we will manage this and other major decisions in a different way with greater direct involvement of the members before any vote." The loan move came after Rangers received loans worth £6.5m in order to pay off a loan from Mike Ashley's Sports Direct retail company. The new money came from directors and shareholders. Hong Kong-based fans Barry Scott and Andy Ross, plus Rangers International Football Club director John Bennett, have provided funds for the first time. Chairman Dave King, via New Oasis Asset Limited, director Douglas Park and shareholders George Letham and George Taylor have previously supplied loans. The £5 million loan from Sports Direct, owned by Newcastle United owner and Rangers shareholder Ashley, had helped the Glasgow club stay afloat nearly a year ago. The Rangers First circular went on: "We are disappointed to confirm that we have received the resignation of William McIntyre, a director who was directly elected by members in our inaugural poll. "The Rangers First board would like to put on record our thanks to William for all of his time and effort in helping to move Rangers First forward. "Like all Rangers supporters we stand Ready to help and support the club as it rebuilds." Rangers said last week as members voted: "It should... be understood that Rangers First was not approached by the club for funding and, despite what has been incorrectly reported, had no discussion whatsoever with the chairman, Dave King, that their funding, if accepted, would be matched by Mr King." The fan ownership scheme, which has become one of the largest shareholders in Rangers International Football Club plc in recent months has offered the money on the same terms as loans provided by chairman Dave King and the Three Bears consortium. If approved, the loan would have been converted to shares at a future date which some say will strengthen Rangers First's hand and give supporters a greater say in the running of their club. The resolution required 75% approval to be passed. RF told its members when announcing the loan plan and the vote: "Your board has had much discussion and debate regarding this and believes that this may be one of the best ways for Rangers First to help the club continue to rebuild, develop and expand. "This is a key issue on which RF asks its members to decide, we are therefore asking members to approve... making a loan of half a million pounds to Rangers International Football Club PLC. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted January 15, 2016 Share Posted January 15, 2016 http://www.eveningtimes.co.uk/sport/14206094.Rangers_fans_drop___500k_loan_plan_despite_widespread_support/ A FANS shareholder group has dropped plans to provide the Ibrox club with a £500,000 loan despite a members vote being 96.58 per cent in favour. A Rangers First circular has revealed that only 2.88 per cent were against the idea and 0.54% abstained. William McIntyre, a fan for around 50 years, who was appointed as one of the first five directors of the community interest company, left the board over a week ago while a row blew up over the proposals to provide a £500,000 interest free loan to Rangers. Rangers since stated it is not considering further loans at this time "beyond what has already been committed and announced". Rangers First, the eighth biggest shareholder group at the club, began polling members over the potential loan with a deadline of Sunday. A group circular said: "The vote has seen overwhelming support for the principle of the loan. Following the club’s announcement last week regarding our proposal, we will continue to examine ways to assist and support our club and in so doing, pursue the objectives of Rangers First. "In future, if the members of Rangers First wish to revisit this idea then we will manage this and other major decisions in a different way with greater direct involvement of the members before any vote." This is as clear an admission as you're likely to get that the whole process was mismanaged. 0 Quote Link to post Share on other sites More sharing options...
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