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17 Apr 2014 21:55:50
on alighter note the repo man is selling whytes castle one can only say hip hip hooray good enonough for the wee s?te news all bears will welcome the news
Lbj d doesn't help us much but couldn't happen to a "nicer" chap
Op I noticed his auld man also emptied the heatin system of oil to run it he is now trying to get people to invest in alledged oil company lol
17 Apr 2014 18:24:08
hows this for sporting integrity dundee utd drop there appeal against managers ban and low and behold he is back in dugout for cup final had we done that we would have been castigated by all and sundry
@ op Well said that man after what they have said about us sporting integrity my @#$%.
r. f. was going to say can sfa not fine them or na forget that its the sfa we're talking about.
r. f
Who cares what Utd do this is a Rangers site. R u not more interested in what's going on at Rangers than irrelevant goings on with Utd?
@ op I really think it would be harsh stopping him from being in the dugout for the final why rob the man of the best day of his managerial career
I was only commenting on the high standard of sporting integrity on tayside nothing more my man did the wife not salt the tatties tonight
What drivel, get your heads out your backsides for god sakes.
If any Rangers manager was to banned to stands before a semi or cup final we would have done exact same as would nay other team in Scotland that what the appeal systems all about. You may find they are not fighting it for the simple reason,, ban would carry on to cup final day. this way its all done dusted and he sits on bench in final. easy. not rocket science
@5, You are probably correct, however I think the point being made is that when you shout your mouth off and take the high moral and integrity stance accept you might get knocked when you ''utilise'' a loophole to your benefit.
If you want to talk about sporting integrity look a bit closer to home, this current Rangers set up is a disgrace, Black betting against Rangers and McCoist defending him for instance, then there's the lies, wages, bonuses, sackings, redundancies the list goes on and on, and this is what they do in public.
Nicely said Smokey Bear,,
Here a little thought for you lw.
Was it sporting integrity when our esteemed leader Sir Murray shutdown Airdrie for the sum of around £10,000? god how we and he mouthed off and took the moral high ground as we liquidated a Scottish institution? pot and kettlles come to mind. move on.
17 Apr 2014 19:13:04
Just heard on Clyde the Murray might be on stand by to put cash into rangers. seemingly Murray international metals are making fortunes again. the dilemma for us bears is if this is true do we accept it or tell him where to go. me personally I would take it. thoughts please.
He could us back get rid of the present board then give the club to the fans.
I certainly would take it david murray never set out to harm rangers we had the best years ever under him even the year whyte took over we won league had great squad the club was trading positively it was only the the bank of scotland that forced the sale to whyte the rest is as they say is history
17 Apr 2014 20:25:11
If Mark Guidi thinks Murray Metals is making tons of money again he is even more stupid than I thought he was.
Take it you know diffrent naz.
mcc the knife. yep that's what I would be hoping. if he has got an ounce of morality that's what he should do.
@2 any good work Murray did while in charge of Rangers was more than undone when he gave the club away to that shyster Whyte. He sold the club down the river with the same due care u take when buying something out of poundland. All this crap about being duped! Are people really stupid enough to swallow that?
Bigcol1872, pre-tax losses in 2011 of £86.8m and £96.6m in 2012 would tend to back up Naz's comment.
Personally, I hope he has nothing more to do with us. [ Always remember he was 'duped' by Whyte. ------my ass. ]
In fact it would not surprise me if he was involved somewhere in the murky finances that is Rangers.
@2 we might have had best time times with murray at the helm but it was the banks money so in a way he duped us the same way all the other people have since he left
Murray would be better for us than the amateur crooks in charge just now. We were an ego trip for murray, but he needed a successful rangers to feed that ego and that would do me. He made 2 mistakes:
1. Giving advokaat £80m and starting EBTs to chase the champions league. We weren't that far away, remember bayern munich, psv, monaco and galatasary games? Mols should have stamped on the big german keeper! As it turns out we couldn't have kept up with the big boys because of sky money but was good at the time.
2. Selling to whyte. but that was HMRC and lloyds that done us over
The bank of scotland told him I was whyte or else they would not support rangers they are the real culprits
The man is a charlatan who should have lost his knighthood. He should never be allowed Glasgow Rangers ever again he started all this nonsense and agree it was all an ego trip for him.
Do we ever learn? seems not
@ 8 if murray was using his own cash the bank wouldn't have been a problem as for the ebts he got took the most money out as for the hmrc peoblem murray caused that and could have stayed to sort it but he chose to bolt
Sg75 that's totally correct murray was forced to sell to whyte he held out as long as he could to give paul murray and co time to buy the club but once again they wanted club for nothing b o s hunted them and forced deal with whyte through
Sg that's right when advocab was there it was a pleasure to goto ibrox on saturday and to go togames abroad where is the pleasure now tell me that all I can say is comeback sir david we need u he is 20 times abetter option than we have now no one can deny that
From the Herald Scotland::
Monday 7 April 2014 not that much debt then Sir David? OMG He wants back in?
SIR David Murray's Murray International Holdings (MIH) has hailed the progress of its continuing asset disposal and debt reduction plan, in spite of net debt standing at £346.7 million at the end of its latest financial year.
The metals, property and outsourcing group, chaired by the former owner of Rangers, reduced its debt pile by £23.3m in the year ended June 30,.
The year saw MIH continue to rationalise its operations by off-loading its Premier Hytemp oil and gas business in a £22m management buyout in November 2012.
MIM said PPG, its commercial and industrial property division, raised disposal proceeds of £18.1m, compared with £164m the year before.
These included the sale of a 140,000 square foot distribution centre, occupied by Charles Tyrwhitt, for £7.6m in August and Caledonian House in Aberdeen for £7.7m in November.
Since year-end, PPG has booked a further £104.4m of disposals, including a portfolio featuring Edinburgh's Princes Mall to Catalyst Capital, and the sale of two shopping centres, in Hartlepool and Mansfield, to a pension fund. The £53.5m raised by the Hartlepool and Mansfield sales amounted to "less than half the original cost of acquisition".
The accounts were filed shortly after MIH sold the majority of its assets held by Murray Estates, its residential property arm, to Murray Capital in a £13.9m deal. The deal underlined the continuing shift of the Murray empire towards family interests, and means MIH has now off-loaded the "substantial majority" of its property interests.
Writing in the accounts, Sir David highlights MIM's latest asset disposals and debt reduction as a "significant and a very credible performance" - in spite of market conditions that "restricted realisation proceeds".
However, in notes to the financial statements, the board and shareholders reveal uncertainty over continuing bank funding and the group's liability to a staff pension and life assurance plan cast "significant doubt upon the company's ability to continue as a going concern".
The notes add: "Nevertheless, after making enquiries and considering the uncertainties described above, the directors have formed a judgement that, at the time of approval of the financial statements, the company has sufficient resources to continue to operate for the foreseeable future. "
The accounts show the company had a bank loan and overdraft facility totalling £350, 952,000 on June 30.
The group confirms in the accounts that talks are ongoing with the bank over the continuation of the loan and overdraft facilities while it carries out its short-to-medium-term plan of disposing assets.
Group turnover at MIH fell by a hefty £351.3m to £85.6m, which Sir David said reflected both its exit from steel beams and sections, steel plate and speciality plates in May 2012, and the sale of Premier Hytemp. He added that turnover from continuing operations had fallen for similar reasons, from £230m to £70.1m. Pre-tax losses of £24.9m, before exceptional items were recorded, compared with £30.7m in the year prior.
Sir David said the accounts include a range of exceptional items "reflecting a combination of economic factors, market forces and the impact of the group's asset disposal and debt reduction strategy. "
He explained: "In particular, £108m of non-cash property impairments have been booked in recognition of continuing valuation and market challenges in relation to the portfolio in PPG and Murray Estates. A loss of £9.8m was also suffered on the sale of Premier Hytemp. "
The latest round of disposals leave the trading activities of MIH restricted to Response, its call centre division, and Ireland Alloys, which acquires, sorts, processes and sells complex allows, notably nickel.
MIH said it was reviewing the strategic options for both Response and Ireland Alloys.
Good post Ally, it clearly shows his business strategy does not change.
His ego ruined us and for those who would like him back, I'm sorry but he definitely would be the final nail for us.
I've read all your posts with interest. seems to be a split. i'm not on here to defend Murray but we have to take some responsibility in the whole saga too. when he floated the club where were the fans?we sat back thinking he had a bottomless pit of money. also whether he says he was duped by nippinheed whyte is neither here or there. if he was under pressure by the banks to sell then I can't fault him for that. I would rather he was more honest though. let me ask you all this. if he set out with a plan the same as wee fergus did for celtic would you buy into that?
Murray International Trust has a market capitalisation value of £1. 3 billion and its share price has steadily risen since the beginning of 2014 so it seems to be at present a successful business. Personally, I would welcome back David Murray and his money. Great days under his stewardship. Perhaps with Dave King as well, we can finally get back to where we belong. WATP.
I cannot believe all the pro Murray posts on here. This man is as responsible as anyone for the sad state of affairs at the club. As for ploughing his money into the club this wasn't the case. Think he also benefitted for an EBT. It's amazing how some people have short memories
That's the problem Bigcol if he had been more honest like at the time of the disastrous share flotation some of us were still stinging after the Tor are big Flora £12M. Had he come out and said I want to take us in a new direction with real fan ownership- then more would have invested. We all thought the man was minted and was shelling money into the club like a modern Carnegie.
Also had he rebuilt Ibrox in 1 year the way the bunnet did for our cousins and built it larger then it would have cost a fraction of what it actually did.
We were in so much trouble that Auchenhowie was never used to make us self sufficient as there was pressure on WS to win the league to get us into the Champions League to reduce the losses. But then the bampot gave away half the bonuses to the already highly (over) paid second class Superstars he had assembled. How many of these grateful strip kissing heroes have offered to help us out?
Aye fair enough I'll shut up I'm off on another one.
Nbear2. no I understand yours and everyone else's feelings on him and who am I to try and justify all his short comings to you all. all I did was pose the question. I did expect a unanimous resounding gtf but the camp seems split. listen we can all guess as to what was going on during the advocate years but we all lauded in those years so no point in shutting the door after the the big hoarse has bolted!
Sorry to burst your bubble Doiger but you can pick out of accounts what you want to see. Although your current value is correct, at the turn of the year the shares were at a 12 month low. [ 27% down since May 2013. ].
Although they have shown an improvement they are still 16. 5% down on last years figures.
I still think, that if we ever get the full facts behind our demise, Mr. Murray will figure very prominently.
At 9. there you go again it's somebody else's fault ,
Just want to point out it is as much murrys fault as anyones, but maybe its time for him to make amends?
He made mistakes but I don't think anything he did was malicious, unlike HMRC, Lloyds, Whyte, D&P, etc.
23. I would like to think that's what he's thinking. problem is do you think the sleazdales and the rest of the doofusiez would sell to him. also what murray did in his tenure was not out the ordinary. remember we wete servicing the debt. it was the bank that put him undet pressure to sell thinking the tax case was a fore gone conclusion. what he did with the club was a bit like selling your restored ford capri to a demolition derby driver. once its gone you have no say in what happens to it. that's my thoughts
SG75, Murray's sole interest is 'numero uno' and will service that in any way possible. He's a taker and not a giver.
Just think, he opened the door to HMRC, Lloyd's and Whyte. I bet he doesn't even know the meaning of making amends. Ego and Profit are his middle names.
I wonder what would yous say if david murray gave dave king the money to buy current board out then stood back taken no interest nor looking for money back
Tmwnn, that's the funniest post yet. Murray is a taker and not a giver unless the bank funds him against secured assets.
17 Apr 2014 13:19:58
I cannot understand all the Ally haters on here, given what he has had to put up with the past 2 or more years he has achieved a great deal.
Two titles and back up the leagues in record time, and unlucky in cup competitions. Also every small team have raised their game as it is their chance to compete against the mighty Glasgow Rangers.
Even Dundee United raised their game to compete and in the end resorted to heavy handed tackles to put us out our stride as we were clearly the better team. Their first goal should not have stood as cifki was clearly offside and we should have had a penalty if it was not for a clearly one sided referee, who punished us but let the united players away with everything.
Ally has proven he is the manager to lead us back to the SPFL and then the champions league.
This is what lawwell is dreading as once Mr King invests his £50m we will be unstoppable at home and in europe.
PMSL, must be the school holidays!
Oh dear.
Are you being serious? Ally couldn't get us past diddy teams to qualify for the Champions league or the Europa when we had a good squad. I can only asume that you are having a laugh, a bafoon or a Celtic fan in disguise trying to keep Ally in a job.
Lmfao
Sorry CB. That was just too funny. DU did not raise their game; they played poorly but Rangers raised THEIR game to compete (and to some extent, did). Ciftci WAS in an offside position but he very clearly and cleverly walked back and so did not commit an offside offence. Read the offside rule and you will understand the difference.
17 Apr 2014 17:07:29
Fantatic post OP. I'm guessing you must be worried that a Barca or Real Madrid might try and lure Ally away during the summer if that massive achievement of remaining undefeated in Scotland's renowned third tier of football is realised.
Even Sir Alex never went a season unbeaten and now Ally in only his third season in charge looks like he's going to make that happen. Is it maybe time to ask if Ally is already Scotland's greatest ever manager?
Omg Please no more my sides are hurting too much with all the laughter. Barman 12 pints of what Clarston Bud is drinking please.
Haha just waiting on he Easter bunny comin the mora!or is this the 1st April. got to be winde up
Are you ally's agent.
ED I hope you don't mind me posting this- just read a government health warning about an illegal beer called Clarkston Bud- apparently it can affect some people's mind. let's hope the damage is mild and temporary to all already affected- get well soon!
Op clarckson bud is thhat you back at the wynd up fonz
17 Apr 2014 13:13:59
Have you seen Pravda this morning? Nicky Law saying what an achievment to go a season unbeaten.
Aye Nicky but no with a team of full-time proffessionals against parttimers and in a squad that costs 70 times more than any other.
It looks like they think our heads button up the back reading this
@ Vic58 if you read the next post they might be right about some of the heads on here
Clarkston bud I can only say I would not be able to get u a visa to come from planet pluto to here then gajn entry to carstairs I am arfraid u are destined to end your days on pluto hoping someone will send u sunday mail every week please get real
McCoist knows his job is at risk if STs don't sell so he is trying to rally support wherever he can find it, a meaningless statistic that will only ever be mentioned in pub quizzes will only impress the hard of thinking who already support McCoist.
Smoky don't think there are many macoist men left
17 Apr 2014 12:14:45
I see Rangers are being linked with Peterhead's striker Rory McAllister with their manager seeing he would be a scoring machine in the Championship. Wasn't that what was said about Clark when McCoist signed him from QOS? I'd rather we went for Billy McKay of Caley Thistle or even get old Kris Boyd back for a season. I'm sure they'd join a much bigger club like Rangers to win promotion into the SPL. The only other signings I'd look at are a couple of defenders and a good, holding midfielder. That way we can regularly play McLeod, Barrie Mackay, Gasparotto, Aird, Hutton & Crawford et al. No more Cribari, Peralta, Foster, Smith, Black and others please!
Is Billy McKay out of contract? If he isn't then u can forget about him and even if he is I doubt he will come. I thought McAllister looked quite good against us last season and don't think that would be a bad shout. However I am more concerned with he is going out the door as wage bill needs cut
17 Apr 2014 12:31:40
Interesting that after all the reports and comments on Rangers supposed player wage bill of 7mill that a survey in todays D. R shows the top ten wage payers in world sport with man city top with wage bill of 5.3 mil and Chelsea bottom with 3.9 mil and no mention of Rangers the survey was carried out by sporting intelligence global salary.
r. f
17 Apr 2014 14:37:51
@RF don't know if you are being serious or not but Rangers bill of £7m is a YEAR the other clubs mentioned is a WEEK, I know all bears are poor at arithmetic etc but come on pal.
@op that's what roughly each player gets at these clubs the 7m for rangers is for the whole squad
@ timalloy before you slag bears ability to do arithmetic I would read the report again and I quote "pay at the Etihad has been calculated at £5.3million per year or £102, 653 per week " over to you.
r. f
The 5Mil is the average city players annual income. The 7Mil of rangers is the whole teams combined annual salary
God give me strength and the bears above an a pass in arithmetic
17 Apr 2014 19:49:51
I heard Rangers need a new financial wizard, can I nominate "RF" lol
17 Apr 2014 11:33:13
I see Nicky Law is in the paper this morning complaining about Rangers fans constantly slating them/him for being 5hit. We are only telling the truth fella. We pay our hard earned cash to go watch every week, we are the loyal ones who turn out every time so we have the right to express our opinion. We deserve better than the pash that you's boys call football. Maybe you should keep your mouth closed and try doing the talking on the park then you's might not get slated. Sorry for the rant ed but that frustrates the life out of me.
See if you actually get behind the team and really 'support' them, they may grow in confidence and play better. Or you could continue to constantly slate them and pick out every negative aspect, that way you can keep their confidence at a minute level. Just an idea. Your use of the word 'loyal' in your text is interesting. Oh well, only a game after all.
Just do what I do and don't let it get you up or down. More important things going on. xx
John1 your 100% right pay your money your entitled to voice your opinion (in the correct manner) they are well paid for what the do as u say there talking should be on the park they are not playing witha small town club now rangers are an instituition and glasgow is a goldfish bowl if u take the credits u must also take the negatives comes with the territory
He is part of a midfield that passes the ball, then turn their back on the guy with the ball. team player does not spring to mind. more like get out of that ya d*ck. Him and Black do that to Big Jig a lot in a game. Last home games to Brechin & Arbroath for starters.
Let's admit it, we're often our worst own enemies and have the most critical fan base of any team in the world. I get law's comment and don't hold anything against it. He's spot on. He's only highlighting the point that it's tough being in the spotlight of playing for Rangers.
I believe some of the first team are jaded and need a break. Bring in five of our youth team and mix things up, make the next game more interesting, give the fans a view of the future. Too much to ask?
@ 2 yes its only a game but for these muppets its there job and criticism comes with it he's moaning about the fans who pay his wages criticise him but then he's quite happy to go and spend the money he's earned from these fans on a months holiday where as a lot of fans won't be able to go on 5 star holidays because they help to pay this clowns wages
I have been saying that for a long time rangers fans are the most criticall in the world that's why y good young players don't get a chanc e as the first time they make a misstake the get hounded by the so called fan s and the confidence goes out the window
you don't see dundee united fans booing their players even when the have a bad game being a true fan is about getting behind your team through thick and thin i stopped going to games because i was disgussted hearing the vile booing offf yhoung playesr when they made a bad pass its time those ppl proved they were real fans by getting behind the team
Most bears work 5/6/7 shifts a week then trot to ibrox or siberia to watch them and some fans think the players are jaded words simply fail me some posters should be certified at the very least
16 Apr 2014 18:34:28
Ed, Out of interest, how about a poll to establish an indication of how many fellow fans will be sticking their cash into the King/Gough trustee fund, instead of buying a season ticket from the club.
{Ed001's Note - The poll's been set up.}