JFK-1 1,666 Posted November 23, 2019 Share Posted November 23, 2019 Alex Rae claims there will be major investment coming into Rangers in January and the club will not be forced to sell the likes of Alfredo Morelos. The former Light Blues midfielder insists there is a cash injection on the horizon after the club announced they needed £10million before the end of the season. The figures released earlier this month stated Rangers had suffered an annual loss of £11.3m resulting in claims the club would resort to cashing in on Morelos in the New Year. Rangers boss Steven Gerrard and sporting director Ross Wilson insisted the Colombian striker will be going nowhere in the upcoming transfer window. And Rae believes that will be the case as Rangers will receive the required funds from elsewhere. He said on Clyde 1's Superscoreboard: "Now it is my understanding at the turn of the year there will be another share issue done, which will provide considerable money. "And there will be major investment coming into Rangers." Host Gordon Duncan probed Rae, saying: "We have heard this stuff quite a lot though, haven't we?" Rae added: "I've heard it from a very high source in Ibrox so I would prefer to believe that instead of anybody from Twitter." https://www.dailyrecord.co.uk/sport/football/football-news/alex-rae-rangers-investment-claim-20940333 0 Quote Link to post Share on other sites More sharing options...
cooponthewing 1,139 Posted November 23, 2019 Share Posted November 23, 2019 Seen this on Twitter. We will see I guess? 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,377 Posted November 23, 2019 Share Posted November 23, 2019 0 Quote Link to post Share on other sites More sharing options...
Briton 314 Posted November 23, 2019 Share Posted November 23, 2019 53 minutes ago, JFK-1 said: He said on Clyde 1's Superscoreboard: "Now it is my understanding..." Then keep it to yourself. 2 Quote Link to post Share on other sites More sharing options...
Popular Post Bluedell 5,329 Posted November 23, 2019 Popular Post Share Posted November 23, 2019 My sources (the published annual accounts) tell me that the club needs £10 million and that Dave King has agreed to fund it. Other sources (the published AGM agenda) tell me that the directors are seeking the authority to have a share issue. 9 Quote Link to post Share on other sites More sharing options...
Crimson Dynamo 128 Posted November 23, 2019 Share Posted November 23, 2019 7 hours ago, Bluedell said: My sources (the published annual accounts) tell me that the club needs £10 million and that Dave King has agreed to fund it. Other sources (the published AGM agenda) tell me that the directors are seeking the authority to have a share issue. Pretty much this. Any of the other talk. I'll believe it, when I see it. 1 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,253 Posted November 23, 2019 Share Posted November 23, 2019 Have heard rumours of investment from Hong Kong. Presumably involving Julian Walthardt. Whether true or not remains to be seen 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 23, 2019 Share Posted November 23, 2019 Certainly doing the rounds online 0 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted November 23, 2019 Share Posted November 23, 2019 2 hours ago, RANGERRAB said: Have heard rumours of investment from Hong Kong. Presumably involving Julian Walthardt. Whether true or not remains to be seen About time something concrete came of Julian Wolhardt's appointment to the board. Otherwise there seems little point to it. I hope there's substance to these rumours but like everyone else I'll believe it only when the board announces it. 1 Quote Link to post Share on other sites More sharing options...
Gonzo79 13,548 Posted November 24, 2019 Share Posted November 24, 2019 A lot of people with reasonable wealth support Rangers. The problem is, there aren't many with stratospheric wealth and even if there were, Scottish football is not a good investment. I have some minimal inside info and haven't heard a thing about significant investment. I wouldn't suggest there's much to get excited about...but hope I'm wrong. 2 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.