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Club 1872 meet Andrew Cavenagh


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Meeting with Andrew Cavenagh and Executive Team

Dear Contributor,

Club 1872 is pleased to inform contributors that we held a very positive meeting with new Rangers Chairman and lead consortium member, Andrew Cavenagh, Chief Executive, Patrick Stewart and other senior club executives today.

Since John Bennett became chairman in April 2023, Club 1872 has been meeting regularly with Rangers to find a way forward on a proposed funding model which would fit with the club’s strategy and allow renewed investment directly to the club for shares as well as funding key heritage projects of significance to the Rangers support. At each stage of those discussions, progress was made but then delayed by the regularly fluctuating situation with the senior leadership of the club. We have met with three different chairmen and two different chief executives over that time.

We sincerely apologise to contributors for our relative silence during this time but we were dealing with those regular changes to the senior decision makers at the club and were mindful of confidentiality considerations and sensitivities in that ever changing landscape - particularly in recent months with a live takeover in play.

We welcome this early opportunity to speak to Andrew Cavenagh and outline our funding proposal, the significant funds we have available to invest and to gain an understanding of the priorities of the new owners. We also had the opportunity to discuss the upcoming EGM, the change in the company structure and the investment strategy of our new owners going forward. It is our intention to find a way in which Club 1872 can fit into that strategy that all parties are comfortable with and we were encouraged by our initial talks in that regard.

We will now continue those discussions with a view to presenting a proposal to contributors for their consideration in due course. In the meantime we will shortly publish our poll for the upcoming EGM.

Club 1872

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4 hours ago, Bluedell said:

Do they still have any contributors?

Very few, I'd imagine, but they do still have plenty of shares, and possibly some cash in the bank. 

 

 

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Hopefully Club1872 can build a good relationship with the club.

 

It would be great if the new regime could help Club1872 to build and maintain their shareholding.

 

It's the very least that the fans representatives deserve.

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1 hour ago, ranger_syntax said:

Hopefully Club1872 can build a good relationship with the club.

 

It would be great if the new regime could help Club1872 to build and maintain their shareholding.

 

It's the very least that the fans representatives deserve.

It would be great if the new regime could persuade the current board to stand down and allow replacements who are going to take the organisation forward. They are going nowhere under the current regime as they have lost the goodwill of a large percentage of the fans.

 

There's still a chance for C1872 if they're able to adapt and get in new blood and a change in the constitution to allow this, but otherwise it's just going to continue to be an ego-boost for the ladies and their shadow director.

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17 minutes ago, Bluedell said:

It would be great if the new regime could persuade the current board to stand down and allow replacements who are going to take the organisation forward. They are going nowhere under the current regime as they have lost the goodwill of a large percentage of the fans.

 

There's still a chance for C1872 if they're able to adapt and get in new blood and a change in the constitution to allow this, but otherwise it's just going to continue to be an ego-boost for the ladies and their shadow director.

Hopefully a large percentage of the fans will get behind their representatives at Club1872.

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1 hour ago, Bluedell said:

It would be great if the new regime could persuade the current board to stand down and allow replacements who are going to take the organisation forward. They are going nowhere under the current regime as they have lost the goodwill of a large percentage of the fans.

 

There's still a chance for C1872 if they're able to adapt and get in new blood and a change in the constitution to allow this, but otherwise it's just going to continue to be an ego-boost for the ladies and their shadow director.

Whilst I largely agree with that, I would like to see real fresh blood rather than a takeover by say FF and The Louden Tavern (as was once muted).

 

Maybe GersNet could be a power grab and run the show 😃

 

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