Rangers Rumours Archive June 14 2012

14 Jun 2012 22:23:10
Just seen the new Rangers chairman on Rangers Tv, thought he spoke honestly and certainly gave the impression he wouldn't stand for anything other than total transparency , Rangers season ticket holder with previous experience with Manchester united , don't know where his season ticket was for but it certainly wasn't in the comfy seats, loved the quote " I'm a blue nose not a blue knight"

Dont trust the guy never heard of him was Craig Whyte not a blue nose as well. Its time to stick by true Rangers men not some charlatans who have turned up out the blue representing mystery investors!

Gesr1986

I have to say that today I was over the moon with the Walter bid. My initial thought was that I want Walter back. However I must also say that I watched Green tonight and must say I am quite impressed by him and also the new chairman. I actually think that Green does deserve credit after all he was the one that stepped up, I genuinely believe he wanted a CVA and put up more money to make that happen. With the distinct possibility that we could be in div three, and with no European income for three years, it was a surprise that he didn't walk away, I think most people think that he would have, but he didnt, he has stuck to his word. To hear him being booed today was sad, I don't think he deserves that.
He has made mistakes, the talk of transfer targets was at best badly timed not to mention the thoughts of clubs that we owed money to, that must have pussed them off, and we are relying on these same people to keep us on SPL. Not clever!
He also does himself no favours when quoting investors who immediately deny the story. With all the lies we have had over years we want the truth, the whole truth.
It should also be said that Walters bid, let's be honest it's Jim McColls money, but they clearly waited until the dirty work had been done before making a move. Jim McColl is worth over �1b, last year alone his wealth increased by �200m, what is �6m or �10m or �20m to him. It really is loose change, why only now?
I would prefer Walters team simply because we need good Rangers men in there and better the devil you know, but Green is the owner and if truth be told he has not done much wrong, he must be pissed that he has kept us going in some form and yet he is taking the flak, I feel it is a bit unfair, and he is suffering because of lies told by previous owners and he has nothing to do with that.
I hope that either he agrees to sell or some involvement with Walters group can be achieved but hope that green is not abused because he does not deserve it.

You should have learned . Murray was worth 750m but couldnt stump up 18m to pay llloyds. 6m to buy rangers now where did we hear that before ?

Well said fellow bear where was these old guard when they could have saved us from liquidation sitting on there a..es not giving a dam if they all invested in the club they could have paid some of these debts back to companys that lost out and the other football clubs owed money to jump in at the last minute was a disgrace and is stirring up more trouble where are the sorrys or apology to ticketus creditors etc nothing has been said as a bear im totally appalled and ashamed what the club has done but to come in after the dirty work has been done to save the old guards egos and sod the creditors is a downright disgrace no wonder every club wants our newco punished no wonder we are hated so much greed greed greed for g ds sake give mr green a chance we need a total clear out any views fellow bears ?

So the lesson's of the last 6 months go ignored! Having avoided paying your debts, already forgotten, Walter and a Billionare would will give Charles green his pay day because it will still be a bargain? They get a debt free club for 15million, bargain!!!

They have avoided the shame of being at the helm when Rangers died and now they want to take the glory with The Rangers as a newco. No doubt offering the players incentives to stay, courtesy of your actual Billionare.

The only thing they've forgot? The average fan in Scotland would now rather let the game die than allow this immoral and outrageous chardade to be played out as all you 'the rangers' (youve yet to be given a nickname - the tax dodgers would fit) fans and money men attempt to threaten your way back into the spl. The clubs been found out, and you keep coming back to give us more of the same!

Of course the SFA may still find the nuts to do what the rest of football knows it should, but I won't hold my breath.

On the up, I'll get to save myself �30 a month and get a nice new virgin tevo box!

Sorry but there all init for money. The CVA was never going to be accepted and Liquidation was the plan from the start. no one with any savy up top would have put in a decent bid to buy rangers with the debt they had/have just to lose out.This is why walter and co have left it till the bitter end to try and grab a bargin with good intentions of being rangers men. I reckon Green will sell to the Walter consortium for around 15m as the abuse from fans and no money comming into the club from ticket sales, other club boycotting if rangers get into spl wont be worth the hassle.

The reason Walter has left it so long is simple. Financially it makes more sense to bid for Rangers after liquidation. It would have taken multi-millions to stop Rangers going under. A CVA would never ever have been agreed by HMRC under any circumstances. The only way out of this mess would have been to pay ALL debts in full, which was just not possible given the unknown amounts from the BTC. Therefore liquidation was and is the best viable route to save our club. Many of you are slating CW for what he has done to the club but this would have happened no matter who was at the helm. He has just highlighted the state we are in and brought it to a head. I would love to see Walter back at Ibrox but Mr Green is right, its time for all who are interested in saving this club, to step up and pay what they can. Its time to unite

I am no genius but I would think liquidation is the best way. RFC remains & the past money men can be pursued. 3 or 4 years from now RFC will be situation normal - on top.

"Murray was worth 750m but couldnt stump up 18m to pay llloyds"
--

What a strange comment, he was �850M in debt, but don't let the facts get in the way of your beliefs.

Gers1986

I think you need to take your head out clouds mate. Rangers men done this to us so why the drama for rangers men to come back in.

I want business men who can run a succesful business and build a succesful club

Walter's late, late bid was all rather disappointing. Nobody's doubting he'll always be a Rangers legend but the offer was a bit of a joke as was the telling Green to step aside. Aye right, how likely was that?

And as for the story that just hours beforehand Ally discovered a plot that Green was about to dispose of him?

Well, does anybody out there actually believe it? Seriously?

"I want business men who can run a succesful business and build a succesful club"
--

Problem is when they sell the club they pocket all the profits.

If Smith and co are in charge when they sell the club the profits go back into the club.

I know which I'd prefer, also the share issue would raise far far more money if the fans knew the profits were going to the club and some investor.

14 Jun 2012 21:03:47
I would call on all true Rangers fans with an ounce of common sense to forget about the timing of Walter Smiths bid and ask themselves this: Given the absolutely torturous last couple of years culminating in the demise of our club, who do you believe to be the best man to take us forward from this point on? There have been many aspects of this whole saga that have both saddened and hurt me as a Rangers fan but none more so than the undeniable apathy shown by us the Rangers fans. Please Please Please realise that WE ARE, AND ALWAYS HAVE BEEN RANGERS! and despite what Charles Green may believe, its not about what he or his consortium decide that will determine OUR future its about what we do from this point on. Without our support Rangers are nothing, and without our support whatever Legal documents that say he is the new owner mean nothing either. I very much doubt that Walter and his backers have ALL the Answers at this point but what i`m 100% certain of is that they will genuinely have the best interests of our club at heart. Without sounding like some rallying call to the masses, I would simply urge my fellow supporters to finally wake up and take action instead of sitting back and watching any more of this unfold like a bloody sitcom. This will probably stick in the throat of a lot of people, and its hard for me to admit, but if proof be needed we the supporters can affect what happens then we only need look back to the events outside Parkhead when Celtic fans undoubtedly got behind the right man for the job and ultimately changed their own future for the better. Charles Green is from Yorkshire and a quick google search of any the people named in his consortium this afternoon will tell you they have no connection with our club whatsoever. In contrast Walter Smith bleeds Rangers and has the backing of other high profile Rangers fans with proven business acumen.I fully expect this to roll on for some time longer now with todays news so I`ll end as I began and ask ALL Rangers fans who read this to use your common sense, listen to your instincts when you decide who to get behind.

Spot on. We have all sat back and watched this unfold. The fans need to force greens hand. Let's do it and get behind Walter who is doing the right thing. Dont question the timing Liquidation was inevitable and you can't blame Walter and co for waiting. Move to the 3rd division, take our medicine and build the club up from grass roots.

Great post and thanks i see someone has hit the unbelievable button can he or she please explain we needed a leader now we have one we can trust walter will not do anything that is not in the imterest of the club i for one will not renew my two season tickets till green is out come on bears get of your a--es. And shout your support we can drag this great club back with walter at the helm we can do it BELIEVE

Time to move on and start a fresh. We dont need Walter who played his part in taking us to where we are today. Greene was the only one willing to put the cash in and has taken the flack for liquidation which was inevitable. Get behind him or the club will die. That's what will happen if we all sit back and say we arent going to give you money or go to games. That's walking away. Rembember - we don't do that.

As a season ticket holder of 27 years, I am gutted at what has happened. I smell a rat with Green, he has baggage and would'nt surprise me if he links with that scumbag W**te.

I urge all Rangers fans not to renew their season tickets as without our support he won't be around long. We need rangers men to the core to move us forward.

Stu

Well said mate could not agree more I know who I am backing and I wont be buying a season ticket unless he is in charge and its NOT Charlie Green.

Gers1986

I've said from the start I don't trust Green and hope one day, sooner rather than later, that Walter's consortium buys out Green's.

Expect Green to fight dirty. In fact, I wouldn't be surprised if he behind the rumour that Walter was a recipient of an EBT even after he'd left Rangers the first time around.

I can see a very unhealthy pattern developing here which could escalate into a full - blown civil war which could result in rangers old OR new dissappearing altogether. The signs are there . The newco is not even 24 hours old and there is major unrest .

Good post mate .
Something strange that Duff and Phelps accept the first bid that comes through for Rangers assets . If I was a creditor I would be looking to get some money back and by offering the assets to 1 person then I would say that stinks . The club is a far better proposition now that it doesn't have any debt or the big tax case etc looming over it . In the event that the players can be brought over to the Newco then by the sale of MacGregor alone the 5.5 million could surely be recouped ?.
Think there's a few more scandals still being comitted at rangers as we speak .....but we're just a bunch of daft jocks so we'll no notice .

What do we do,we know Walters bid is the true way for us all to follow, but again what do we do. If we are called upon we can muster thousands but we need leadership and "we will follow on"
This is the first positive thing in our favor since Febuary

Bertiboy watp

Why not question the tiiming? Where were these people wjen our club was getting liquidated? Sittong on their hands?

Quite simply in the interests of our great club we cannot miss this opportunity of backing Walter and his consortium...they did not want to be the ones to liquidate us....all Rangers men with money...too many inconsistencies from Green ala whyte! WATP we MUST back Sir Walter now get out there and be heard or we are gone!!

Walter the saviour . . . . is this not a man who has known about our problems for years ??

The watp attatude is what has stopped people investing in the old rangers time you lot took a walk we dont need you lets get behind the new club lets look forword not backwards real rangers fans dont walk away lets go into div3 get right behind mr green onwards and upwards

You do have a good point but i would say take a hard look at Walter for he knew about the whole scam of what was going on and left to leave AM to deal with everything. and ask why now does he only come in at the end? to maybe score a point with the fans so he can live happy.
your legends all had a part and for most knew what was going on and said nothing(except for one who tried to shed light years back but was just put down by all your fans and legends), what needs to happen is clear all and start fresh with new ppl so the link to the corruptness/cheating will be shaded a little.

Like celtic ?? keep us out your mess... firstly when fergus came in everyone got behind him and let him get on with it then invested in shares we didnt try to take over and chase everyone away or blame everyone else or threaten boycotts yous are just pure trouble

Feet back on the ground please we are a new co with no league to play in,and dont start oh lets go to the EPL if they dont want us here-lets take what punishment is handed out keep our heads down and inch our way back in and up the league

A newco has no chance without the full support of the fans, Green wll never persuade an investor to support the initial losses if the average attendances and season ticket sales fall.

I must warn all Rangers fans, your club could be back in admiistration before the new season ends, it will run out of working capital.

Anorak.

I am a true Rangers fan and will continue to support my team by renewing my season ticket.

I do not believe the CG consortium has the finances to support the losses of a newco. The financial consequences of a newco as against a CVA could be as high as 10 million per year. Green struggled to raise 5.5 million once the CVA was rejected, there will be no queue of investors willing to finance the inevitable losses. Smth & co realise this and fear Rangers newco will be in administration within a season.

Without the 100% support of the Rangers fans no newco will survive, this is why I believe Green must sell or another financial fiasco looms.

Anorak.

Smith was there when murray was running the club so in my book fresh start mean no smith

What short memories most of you bears have. Wasn't "walter" in charge during most of these years when minty moonbeams was spending all those "tenners". i didnt hear him complaining when laudrop gazza etc were all signing on and or even questioning where the money was coming from to pay for these guys. where was "walter" and mccoll etc when green eventually put his money where his mouth was and gave you some sort of a club to support again oh i forgot probably sunning themselves abroad somewhere and not wanting to have their names cast in stone as the guys who liquidated your club. But guess what here they come on the white chargers wanting to be the new saviours once the dirty work has been done. You maybe dont know much about green but at least he was there at your darkest hour just as Fergus was there for us in our dark days. But now walter has surfaced its a case of get him in without even giving green a chance to show what he is made of. Shame on you and see where walter is when you are voted into the SFL league 3.

14 Jun 2012 20:55:21
awrite ed i'm a celtic fan and can't believe what i'm reading how can the rangers fans want walter smith back, was he not the manager when all these ebt's happened not sayin he had 1 but do u not think its time to move on from all the old guard that run this club into the mess its in.i honestly believe celtic need rangers long term. all this talk about not turning up to support the team is a joke what happened to not walking away, u should back your club through good and bad times and not throw the toys out the pram. walter smith always demanded money when the club sold cueller a time they could have sorted some other money troubles out but he wasted money on the likes of edu. why not give green a go u will be back in spl in no time whos gonna stop u's ayr utd or partick thistle? but teams like this might if u's don't back them. so give the guy your backing and a chance

Ur right ur not a rangers fan so you would never understand why a lot of us would choose walter over some fly by night character like Charles green!

What does EBT have to do with this Rangers have not even been found guilty of using them. Ebt had nothing to do with Walter?
So why not follow him i would rather follow him than Green and so will the masses.
Tom Hunter is on board and has a personal fortuine of 800 million what does Green have to offer? Lets look back at the last football club he had and what the suporters had to say about him.

Walter Smith was never in charge of Rangers when the EBT scheme was on the go it was for 10 years after his 9 in a row era ended

EBT's were used right up to 2010 when he was in charge. We also know at least one ex rangers manager received EBT payments after he left the club, how many more have benefited like this, Walter perhaps?

It appears that walter did have an ebt and was drawing from it while employed at everton & the sfa.

What have ebts got to do with Walter smith? He's a football man. Is it HIS fault he was there during the whole rotten business side of it?

Tom Hunter has a fortune of 800 million, yeah because he didn pump it into bankrupt football clubs. tom Hunter is a Hibernian fan anyway and has said on numerous occasions that he has no intention of putting any money into football. I am sure if you keep plucking names out of the hat you will eventually find someone who is willing to invest. Invest means they want a return on their money, just like M

Fergus McCann would not have won any popular contests while he was at Celtic Park (remember the chorus of boo's unfurling a league flag) BUT in hindsight he was the right man for the job at that time. He embarked on a plan which meant financial stability which Celtic enjoy today. CG may not be a Rangers man, but if he delivers, he will have saved the club. If Walter has the best interests of the club at heart, wait until CG has or has not proved himself for Rangers, Then he can make his bid.

Hundreds of big firms use EBT's.They are not illegal apparently if used properly.This seems to be the problem at Rangers,but how would Walter,a football man,know the in and outs of the legal system.Would any of us? I'm with Walter.

14 Jun 2012 20:47:21
heard a rumour {just a rumour not a well known source that rfc have applied to one of the english leagues for registration } anybody else heard with a few clubs now going into liquidation ie portsmouth

Yaaaaaaaaaaawwwwn....zzzzzzzzzzzzzzz!

Briggs

Still going on about this no one wants yous wake up.Henke7

Dont you mean "the rfc" or even TRFC. Mate someone's bamming you up!

There has been something going about that a Scottish team has applied to the English Leagues.

The new Rangers is called The Rangers Football Club...... the old Rangers were called The Rangers Football Club PLC..... so the THE doesnt actually make a difference it has been there for years

Apparently a Scottish team really has applied to English league pretty obvious its us but doubt it will happen

It doesn't really matter Old rangers are finished. The club and it's history are wound up, the new club has yet to win or even play a game

Oh ffs is this crap still being punted. You wont be in England............accept it and move on.

The new name is the rangers football club this is a trading name only in the meantime

"It doesn't really matter Old rangers are finished. The club and it's history are wound up, the new club has yet to win or even play a game"

I'd check my info if i were your good self buddy.........the history has been transferred to the newco.........THE Rangers Football Club.........STILL The Worlds Most Successful Club....

celtic...........FOREVER in our shadow!!


lol

14 Jun 2012 18:24:19
What is required now is to understand how much it will take for the Sevco people to walk away. Theyre investors not football people and will quickly recognise that Walter's intervention is a game-changer. The fans are wholeheartedly behind Walter and Ally and there will be no benefit in Green staying on when the fans will not give unconditional support. Its now time for fans to really quantify how much we can add financially to the club so that we can buy out Green and move forward with Walter. I for one would be happy to pay for season tickets +50% on top to help recapitalise the club and, most importantly repay all creditors other than HMRC and Ticketus (they can chase Whyte and SDM for their lot?). Fans collective to own 51% of club minimum a with elected board representation. Happy aso to pay an annual fee to be a member (just like Barca)

Sevco are football people ffs. Green was chairman of Sheffield ffs.
Walters move is a stunt only.
'The Rangers' is hours old and fans want to boycott it and take it down. Ffs.

What Walter's group should do now is offer contracts to the players and apply for SFL 3. Greene would find himself with no players and with only Ibrox and Murry park. They are no good to him without Rangers and Lets face is at this point Walter and Ally are Rangers

Very best of luck to the newest and smallest club in scotland,hope the 1st 40 years brings much success,please keep it honest .Remember unlike an old now defunked club, ALWAYS KEEP YOUR DIGNITY.FROM THE EAST END BHOY.

Stop kidding yourself on rangers are dead now let them rest in peace

Brilliant post "what Walters group should do Now is offer contracts to the players". I think you should be on the www.moronrangersrumours.co.uk site. Do you actually know anything about football??

1st commenter, do some reading and see what green done to sufc, he ruined them. i was ready to get behind him as it was the only option. but i would now be happy to give as much as i could afford to see walters group take over. ash

AHHA NO LIKEY THE BANTER

I am getting dizzy now.We are up ,down, saved , burst, up down, new owner how many is that now? I am so lost I am going to type the word "Celtic" but never Greene I just cant keep up. I am ready for paping ma telly oot the windae, and going to sleep till August. Then I might be able to deal and keep up with what is happening.

Great post mate I have been trying to post the same at length many times and I am with you totally on the 50% extra PLUS you are spot on that WE should as an apology to the SMALL creditors try repay as much as possible so the rest of scottish football sees WE are decent notlike SDM and CW and now CG he is a total liar - 20 investors , HMRC agreed deal , that and his patronising/insulting rallying calls to try and con us out of the season ticket money, it made my blood boil him embarassing us as genuine Scots stating we will put up �30m (aye rite) meanwhile shafting ordinary decent creditors with 9p in the pound THAT IS THE MEASURE OF HIM AS A MAN , F**K you to decent ordinary people (mind that will be us as his funders = season tickets etc) and im alright jack attitude NO WONDER PEOPLE HATE US ! We NEED some people to like us fr a change to get into div 3 we should NOT even be thi king of SPL we deserve punishment plus common sense 3/4 years out europe best time for us to rebuild from bottom and hope we return to top flight when ban is up, another wee bonus it wil be fun traveling to all the wee clubs all over scotand from berwick up to ross county over next 5 years if we win leagues , I FOR ONE WILL ENJOY GOING TO SUPPORT MY TEAM FOR 1st time in years.... The Rangers The people , The George lmao

If we can do that and dump him with a useless ibrox and training park (wont ever call it M***** park again) we culd end up making him a 9p in pound offer for them when he stuck with no buyer that would be so funny see the sarcy smile off his face then as his 'investors' turn on him.... george

Yous guys are unbelievable as thou it wasnt bad enough your old club being liquidated only hours and your already planning to boycott season tickets to force the new owners out you are the clubs worst nightmare and you wonder why the rest of the spl is laughing at yous the sfa and spl need do nothing they can just put their feet up and watch you kill your own club {Ed039's Note - Everyone entitled to their opinion, especially the Rangers fans in this instance as without any there will be no existance as you say, but should the same people that will keep the newco going not have a say?? Should they not have an opinion on who runs the club, I think the people who paid their cash and have seen their club pay the ultimate sacrifice are entitled to voice their opinion and vote on the way forward)

"just like barca" lol

Briggs {Ed039's Note - Just just like Barca, their fans pay a fee to be part of the democracy that their club runs ...... I fail to see what was funny, it was demonstrating a business model not the 11 guys who cross the white line?)

Don't under estimate Mr Green he is shrewd very shrewd, and his side kick Mr White is still hanging around all be it under the cover of a consortium. They have just added 2 very important assets to their portfolio of property. Football is of no interest to them. Ride in Mr Smith make some noise wind up the fans demand your beloved Rangers. Consortium hold up their hands and hand over running of the Club to Fans and friends. Consortium have no wages to pay, No footballing decisions to make, their only interest will be in the rent they will charge for the use of the park and training ground and of course the maintain and repair clause in the rental of Ibrox to maintain it's value which will be used as collateral to secure loans for other projects.

Feel sorry for the small creditors?? So many The Rangers fans feel sorry for the small creditors. What about the uk public conned out of �21.5m PAYE/ NI , �34m small tax case and up to �90m BTC??? That's over �100m theft from the British people but there's no feeling sorry there.
What about Ticketus shareholders stiffed for �27m??

Ed my tongue was firmly in cheek just a bit of banter!

Briggs

Ed opinions dont matter a hoot its hard cash that talks... everyone inc blue nights bailed out even smith distanced himself green stepped up and put his cash on the table and stopped your club being non existent and now hes a villain ?? you should be grateful you got a club to support in the first place fans demand a say on how the club is run then you distance your selfs as soon as it all goes pear shaped lets just hope when the damage is done and your club goes back into administration yous guys hold your hands up and say it was our faults {Ed039's Note - Not sayin he is a villain just given choice I would prefer smith, just my opinion)

You must have forgot SDM offered the fans to buy into the club but had to underwrite 8 million if im correct .

Rangers fan of old here i am disapointed we never paid back these debts the old club will always be remembered for this very very sad hope someone comes out and says sorry after all it us fans who take the stick

Very soon Charles Green will be exposed. He is still very close to Craig Whyte and is only involved to asset strip Rangers. One of his first tasks, he is going to axe Alistair McCoist (watch this space)

Uk public conned out of money ? get real mr goody 2 shoes ,the people of this country dont see the money at all it goes to greedy govenments who waste it on a variety of things ,did you see todays daily express article about people over 65 having to work to make ends meet ,maybe when you retire youl have to work to the pension age of 75 another government con doug t.s.o

The saying cutting off your nose to spite your face springs to mind...What Walter's group should do now is offer contracts to the players and apply for SFL 3. Greene would find himself with no players and with only Ibrox and Murry park. They are no good to him without Rangers and Lets face is at this point Walter and Ally are Rangers

So basically Green would sell Ibrox and Murray park to whom ever for a huge profit, what would Walter and his team do then?

Let the new club get through the first 24 hours before it dies....

Eds note "Everyone entitled to their opinion, especially the Rangers fans" ed your right you have watched the club pay the the ultimate sacrifice but you need to remember your club is toast charles green is the new owner ( and founder ) of " THE RANGERS " and so far not one rangers fan has invested one penny into the new club untill you buy a season ticket your not entitled to any say or opinion

Why didn't WS and the consortium not bid before now. They let the club be liquidated and break the time line when they could have stepped in earlier

The larger creditors are all "Big Boy's" and should have been more aware of what was going on. Ticketus either knew exactly what they were doing with the Whyte deal,if they were unaware,then hell mend them.The OP is right pay back the smaller creditors who were more vulnerable.As far as HMRC are concerned,why did they not call RFC/Murray in earlier,why let the bill run as high and for as long as they did?
P.O.B.

{Ed039's Note - Not sayin he is a villain just given choice I would prefer smith, just my opinion) i understand your entitled to your opinion but the ( if given a choice ) the point is you where not giving a choice because no one else put their cash on the table ( inc smith ) and gave you that choice and now their just dragging your club throu more troubles and boycotts on a day it should have ended if green didnt step up when miller walked your club would have been gone where was smith then ??

How can he end his career at rangers when rangers have been liqidate and cease to exist

Wot about the fans on benefits?

14 Jun 2012 17:51:58
Hearts, Hibs, Aberdeen, Dundee United, S. Mirren and Inverness chairmen will release statements tonight/tomorrow stating a Newco Rangers will not be admitted to the SPL.

Sky TV deal and League Sponsorship will automatically collapse and SFL have stated no club will automatically be given membership outside of relegation, and Rangers will need to compete with other clubs for Div 3 entry.

Note, Under FIFA rules, Rangers are ineligible to join any other world league recognised by FIFA unless they reform as a completely new club, under a new name and as a club formed in 2012 for the first time. {Ed039's Note - Mr Doncaster??)

Good ah hope so an when we pass u on the way up we'll huv a wee cheeky grin, hope u's die cos we wont :)

What are the rules here Ed - can a compromise be reached i.e. can we be relegated only one division? I think all of us Gers fans recognise we need to be punished but relegating us to the 3rd is just shooting everyone in the foot. Its just beyond stupidness!!! {Ed039's Note - I think we probably could only be relegated one divison but I honestly wouldnt like to say for sure)

One year SFA suspension at the hands of lord Carloway with FIFA and UEFA paying close attention is unavoidable. Green can get his sheep on the field.

Sky in a no win situation let the new rangers remain in the spl there will be a massive boycot by subscribers kick the new rangers in div 3 crowds will plummit could get very messy i would like the new club to start in div 3 as a punishment and a new start

Greens new rangers will probally take about 5 years to settle in i would liked walters bid to have been put through as hes a old rangers man at heart im heartbroken tonight
sad ger

As things stand even as a lifelong bear I actually think they should vote against Rangers in the SPL, does anybody actually think there will be that many bears going to any matches to support Green's Rangers?

Hi Ed. About being relegated only one division. I made the point previously on here that the SPL and the SFL are essentially two different leagues who happen to have an agreement re promotion and demotion. They are separate entities who both operate under the umbrella of the SFA (a bit like the pyramid system in England in a way under the FA) and have their own individual rules and governance when it comes to acceptable standards of stadia, seating/terracing, etc for example. The SPL consists of only one league. The SFL consists of three. If a liquidated SFL club seeks re-admittance then the rules state that they begin anew in the bottom league irrelevant of which one of the three leagues they were in. The lowest league in terms of the SPL IS the SPL itself. No previous SPL club has encountered liquidation and then applied to re-enter the league before, but technically there are no lower SPL divisions for them to be relegated to and this is one of the problems the chairmen face in my opinion. Allowing us straight back in sets an unhealthy precedent for other SPL clubs in financial difficulty as well as infuriating and alienating their own supporters.

I think the outcome may indeed be that we are relegated to the first division with Dundee or Dunfermline replacing us as it is the most logical course of action for the SPL chairmen to take (my preference is still Div 3 tbh but Anorak has ALMOST convinced me that that would be unsustainable for a club the size of Rangers). Acceptance back into the league and instant relegation prior to the league restarting in August as punishment would be entirely feasible and difficult to argue against in my opinion. The financial support Rangers brings to the SPL can be carried by the other clubs for a year (assuming we gain automatic promotion which would not be a given) without the massive financial restructuring involved if we ended up in the 3rd div nor the potential reduction of the new Sky deal which as yet remains unsigned. Any Newco SPL club would also be seen to receive a strong (not severe) punishment for courting liquidation. Do I even have a point or am I way wide of the mark in your opinion?

Brian {Ed039's Note - Not at all, all valid)

To the first reply... Oh dear what part of todays events did you miss. You are already dead! ! !

@ Sky in a no win situation let the new rangers remain in the spl there will be a massive boycot by subscribers

ye kiddin "massive" aye the whole of England will be devestated. How many do you think sign up to watch St Mirren v Inverness and the likes !!!

What a circus and you all run around big Walter as soon as the fingers are clicked. They waited for hero status time and are now trying to gazump Green . In reality you should be thankful to Green at least he stuck his head above the parapit and made a concrete offer for your club. No sign of big Walter at that point . Only when liquidation occured if you cant see that your still all as blind as before.!!

Thats OK at least we can vote for ourselves.

14 Jun 2012 16:55:31
I'm not in the least cynical about the intentions of Walter Smith and his backers, he truly is what the term "Rangers man" is all about but the timing is at best questionable. I'm not saying their crack at a CVA would have been any more successful but why now? The simple, dare I say cynical, answer would be that the history books will always say that Green was at the helm when Rangers were liquidated, then over the hill came the cavalry. It took till this point in time to get the consortium together, did they just realise the peril the club was in Tuesday? Nonsense. Now I might come across here as being mischievous or whatever here but I'll put it in this question, Rangers fans were in the deepest despair on Tuesday would that bitter pill have been any easier to swallow knowing that people like Walter were to be the saviours? Of course it would have. Your suffering on Tuesday was avoidable or at least less painful had they made their move earlier. They sound as self-interested and selfish as anyone who has been involved in this whole sorry affair.

Rangers fans are being played.

Do you know what this is my thoughts exactly, something stinks with their timing, the whole cva liquidation scenario with the rangers men riding to the rescue, just seems a bit contrived to say the least, I mean why now, if they were serious about our history being unbroken then they had plenty of time, seems like they are all crawling out the woodwork now that Whyte and green are taking all the heat for liquidating us, I don't think they are being transparent at all.
AlexMci

Well now the Green Brigade own Ibrox they will back away from the football side of things, Let Watty and newco rent the Stadium and Murry park, then use their new �100 million Asset as collateral for loans to finance other investments, That's how he does business.
B13

Ownership of ibrox is up in the air - is it green? - will this be challenged? - etc etc etc

this may take court action, as liquidators can challenge any deal and unravel it, so could be weeks before we know who owns ibrox...

as ever season ticket sales will be THE big determination of the next few weeks..

no sales and green faces expensive court action to defend his purchase......

sales and green has a chance.

you decide.

Mcall didnt become the richest man in scotland for nothing, of course he was going to wait till liquidation happened, and almost 140 million of toxic debt wiped out, would you have taken murrays and whytes debts on? hes a buisness man first and foremost but has the rangers at heart. we must do everything in our power to make sure these guys get the keys and we will be heading back up instead of hurtling down!!!

The richest man in scotland rangers at heart,ffs wise up he didnt have to take on 140 mil of debt,he could have upped the cva pot to about 18 mil instead of the 8 green was offering,an extra 10 mil to preserve history from as you say richest man in scotland,and you say ges a rangers man at heart dont make me laugh, to op above,they r no bette than the rest us the fans should wise up!please print ed039 as previous posts havent been thanx

OP here. Bear in mind ALL they had to do was outbid Green to secure the club, be it by the extra half million or so that they are offering him now. So I still think they wanted nothing to do with the attachment of liquidation, knowing full well the misery it would bring to Rangers fans, shameful. Oh and by the way McColl is 5th richest in Scotland, at least your weren't carried away completely with your claim (well within radar, forgive the pun.)

More smoke & mirrors, why wait until everything came crashing down to come out stating they want to buy the club? & lets not forget Watty knew a long time ago what was going on within ibrox yet did & said nothing about it! which is excatly who he is doing here! Green will bail out once the bones have been picked clean & another fool buys what ever is left.

I think the plan allalong was for CW to liquidate rangers then for sir walter and his merry men to ride to the rescue, this went pear shaped and green stepped in seeing the chance to make some money now, smith arrives tells green to moveover cause the RANGERS men have arrived and all the bears run to WALTER our saviour ........ you couldnt make it up lmao {Ed039's Note - I dont agree with that, maybe with the CW bit but not with the rest)

I think everyone is missing the real reason why they waited until now to make their move and fans are concentrating on the level of debt as being the determinant factor as regards allowing the liquidation of the club. Yes, it certainly played a huge part, and as one of the previous posts stated they are all businessmen who have no interest in paying off other people's debt, but it was not the only toxic issue new owners would have been faced with if the old Rangers had remained intact. Any new owner would have remained liable for the penalties involved in the BTC (now HMRC are chasing Murray and Whyte individually) as well as the resultant sanctions incurred in relation to dual contracts. On top of that there was the inevitable suspension or banishment from cup competitions for tax avoidance and taking the SFA to court. No doubt even more skeletons were hiding in the cupboard as well. The old club was toxic period as a potential investment and expulsion from the Scottish game would have been inevitable. The history was not savable in my opinion. Liquidation was the only way out of the mess and the pathetic attempt at a CVA was used to sell it to the fans and make it slightly more palatable once it had been refused. "Hey, we gave it a go but they just didn't want to know". All of these issues now remain with the oldco or the individuals responsible for the chaos instead of the new club. Anyone who had put up an acceptable level of cash via a CVA would have seen the club heading straight back toward liquidation once the sanctions kicked in one after the other and their investment would have quickly went with the club. They are being financially sensible and appear realistic enough in the fact that it is financially more astute in this sense to buy the club back off of Green rather than play D&P's game whatever that may have been.

Brian

OP here, Brian from about the sixth line down of your post onwards all those things are still on the table be it Green or Smith at the helm. The bottom line is there is a price for getting Rangers through one of its darkest days and Smith's consortium who wouldn't have touched it with a barge pole value that at �500,000. As to the earlier poster claiming it was business acumen nonsense, had they offered �8.6m for the CVA and �5.6m for the newco the club was theirs, why pay �6m when you could pay �5.6m? So this had nothing to do with waiting in the wings, they wanted no part of Tuesday, no attachment, no association. And that is where I think they have let the Rangers support down badly, because I'm sure Tuesday would have been far more palatable with Walter at the helm, the type of reassurance all Rangers fans would have wanted but nope, like McCoist when McLeish begged him to come on board it is only going to be at a time of his choosing, not when the club REALLY needed him. I hope Green charges them a fortune and then we'll see just how much of a "business" decision it was.

Have not had an entry posted yet - given the utter c**p that has been put on this page today, I cannot understand why. How blind are some fans or is it desperation. Sir W appears as if by magic, backed by all of these rich men and we all bow down. I've no allusions about Green but at least he has been upfront and the one who's taken most of the grief during the liquidation. This mess has been entirely created by "real rangers" men. Maybe we need to trust an outsider to sort it out. Smith has gone right down in my estimation with this posturing. All of these so called RFC legends have been nowhere during the last few months - they should hang their inflated heads in shame. {Ed001's Note - stop whining, I hate whiners who bitch about their posts not showing up, when most of the time they are just too lazy to look through and see them. It is pathetic, you know the rules state clearly it is editor's discretion whether it gets posted or not, if you don't like it, you are perfectly at liberty to go elsewhere.}

To brian,
well said, one of the better replies i have read, your also bang on with the skeleton in the cupboard theory, god knows what else was in there, i posted earlier that mccall was the richest man in scotland, i may have got this mixed up with he was the most successful buisness man of the year in 2011. my mistake, but i believe he has a personal fortune of over 800 million. we must i repeat must get on these guys side.........

Wholeheartedly agree with this post! Walter and his mates, decided they were not the one,s who were gonna be in charge, when we went down the tubes! so let the club go under the stewardship off Mr Green and sevco, and at the last seconds, try and look like saviours! too little too late Watty!! what are Mr McColl, and Mr Park worth between them? I think we have a bit of glory hunting here! Time to let go, and start again if we are aloud! We have a lot off catching up to do, as our next trophy will be our First!!

14 Jun 2012 16:49:41
ED& Wounded bears..Do you not think this stinks to the high heavens,smith &his backers coming in after liquidation?where was he before this,its all been a masterplan,murray passes buck to whyte,he takes the backlash from fans,then buck passed to greene who takes rfc into liquidation,then the corpse of rfc is sold on to smith&co to pander to the masses,whilst they have all made millions thru this sorry saga!!walter stating wants to save rangers&there proud history doesnt add up,as rfc are gone,so if wanted to save them,why wait till its over??no doubt this will appeal hugely to the fans,who have needed some light at the end of a dark dark tunnel,but sadly its all been about making money,whilst others lost theres..stevo {Ed039's Note - I don't agree stevo, I don't think that was the plan but it was certainly more convenient to wait til now to say, oh well I tried, but I don't think we have seen the end of it)

You're a Timmy in disguise.

Go to you own board.

Obsessed

14 Jun 2012 16:45:58
all i can say is .....YES YES and YES again.....cmon watty....come on home son.....never trusted green ....(in many ways)..ha...deecee

Too late

Agree total crook and liar see sheff united fans they were right....george

Can I just say... No..no.and no again! Jumped in with two feet AGAIN! That's been you all through this sorry episode.

Briggs

14 Jun 2012 16:43:52
Too late for Walter ,Charles Greene has bought the assets done deal,signed and sealed with the administrators check the rangers website. How amazing that the administrators can do the deal so quickly and mess everything else they had to do up. Do not renew season tickets for this man stand outside the doors of ibrox untill they sell it to Walter for the price he paid for it.

We've been shafted big time,all thanks to the billionaire fae Motherwell!

100% right pal now is the time.... george see my post in next hour if ed puts it up {ed039's note - its up george, calm down)

D&P will be accountable for putting assets beyond the reach of creditors. What has just happened is extremely illegal.

Protest against green now ?whats he done wrong ,this gut stepped in and put the money up ,oh wait hes not a rangers man ,but our new chairman is so do we protest against him too

14 Jun 2012 16:42:24
too late guys charles green owns newco the rangers football club. this guy will only sell for massive profit. the end.

Right, if he does sell it for "a massive profit" then where is the problem with this? If he is selling it on that means we are in good financial footing? {Ed039's Note - Indeed)

Not if the next guy to come in finances it by 'loaning' the money to the club to start with just like Green is doing. Just gives us a bigger debt.

Brian

14 Jun 2012 16:40:07
Ssn reporting sir Walter to late in bid to buy club ahead of green he might aswell do walking away

14 Jun 2012 16:38:37
Hi Ed,

Great news that Walter is making a last minute bid. What do you think the chances are it gets accepted? I've been hearing Charles Green has a condition in his takeover bid that it has to be accepted no matter what, is this true?

TTG {Ed039's Note - Deal is signed, sealed and delivered. Only option now is for the late knights to make green an offer he can't refuse and I believe the fans will vote with their feet. Green will soon know where he stands with fans)

100% RIGHT MATE NOW THE TIME TO UNITE.... GEORGE

He will not sell. Why have Walter etc left it until now? If they were seriously only interested in saving rangers why did they not offer more cash for the cva proposal so that HMRC may have accepted

Lol, love the Godfather reference Ed. Can just picture Green waking up with Shergar's head on the pillow. PMSL, otherwise I would be crying.

Brian

14 Jun 2012 16:24:13
Let Walter take us forward, he is respected through out the football world, has the club and fans at heart, Green has been to shady about his crew, who are they, as yet we dont know.

14 Jun 2012 16:11:01
So walter has come from nowhere with this very late bid to gain control ahead of charles green. whats the general feeling? Personally if we are to move forward i'd rather it was with walter at the helm. charles green has been the one who proposed the cva n at least looked as though he was seeking a conclusion but if its a straight choice between green n smith then theres only one winner......smith. thoughts guys?
J1985 {Ed039's Note - Smith has confirmed backers so he gets my vote but maybe too little too late)

I think green will do a bill miller and walk away he wont be able to handle the pressure he will come under. we need rangers men in charge of rangers not some daft yorkshire man who knows nothing about rangers and it's history. its time to put our past behind us and look to the future. it's time for honesty out with the bad and in with the good. i am sure if walter smith is successful that he will accept any punishment coming to rangers and deal with it in a proffesional manner i am almost certain we will still be in the spl next season and if it is with penalties then so be it we need to pay for our crimes and i accept this and so will many gers fans. we want honest businessmen in charge who will be honest to all. arise sir walter.

To late, sale completed! where were they 10 weeks ago? shamefull

Just been confirmed charles green's consortium has bought rangers but i suspect this may not be the end of it there will be more in the coming days i wouldnt be surprised if green sell's onto walter smith and his consortium. more twists to come yet. whyte and green watch out and get ready for the avalanche of public anger you will not be at ibrox long so dont get used to a warm seat.

Charles green has bought the assets this man does not care about rangers.at least if Walter Smiths bid gained control the spirit of the club could live on.Unfortunately with Charles greens acquisition of the assets that spirit is now dead.

Green has confirmed he has completed the purchase of the assets. I guess if Smith wants them he'll need to buy them from Green.

According to charles greens latest statement the sale of assesets is now complete and he now owns rangers so its a all abit too late walter! Where was your consortuim from day 1?

Smith. Hands Down. Green Walk Away

The commercial viability of Rangers newco lies squarely with the fans, Green and Smith know this.

Green will sell ( step aside), taking on Smith is financial suicide.

Aww well mr cardigan has to buy TRFC off mr green :p, he's another deluded fan!

Too late green has taken over

Jeeez, I didnt know Walter was still alive.
What ever happened to SDM and CW?
I heard Ally was seen today in Glasgow.

Charles Green has bought Rangers. What does this mean bout Walters bid?.......soo confused!

Green will not sell. He has just stated this. Where was Walter 2 months ago? A bit late to come in now

14 Jun 2012 15:38:51
Ed you heard anything on Walter leading a consortium backed by Jim Mccoll to take over Gers?. {Ed039's Note - Just what's on msinstream media, I suspect this explains mccoists silence recently. He knew)

Why did he not step forward before now? If I was green I would not sell. He does all the hard work for Walter to then come in and be the hero. He should have came forward before now, he has had plenty of time

14 Jun 2012 16:00:31
Celtic fan here in peace
News on radio 1 just announced they have heard that walter smith is backing a group to buy rangers , thats all they had to say.
Pulse

14 Jun 2012 15:35:29
Walter is guna save us!! Happy days were not dead yet!

Former Rangers manager Walter Smith has confirmed he is leading a new bid to buy the struggling club.

The former Ibrox boss will be assisted in the offer - believed to be in the region of £6million - by Scottish businessmen including Jim McColl and Douglas Park.

"believed to be �6m", nothing in statement saying that. Think you'll find it will be �1 now in liquidation.

Erm.... Your still dead there now fighting over the scraps (assets)!

14 Jun 2012 15:18:56
Welcome home Walter, we've been expecting you......

If he had really wanted to save rangers he should have come in when it was possible and really mattered......not at the eleventh hour when it was way too late !

Too little too late. Where was he when Rangers needed him. Now that a new rangers is available for a couple of million quid, no debt and tens of millions of pounds of assets. Kerching.....
You can ram it walter.
Inverlochy Bear {Ed039's Note - Hello lochaber bear, I thought you were gone. From a claggan bear, I don't think this is the last of it. Right or wrong I would have smith over whyte anyday)

Too late Walter, though I guess not your fault.
McCall and Park have been mentioned here for so long. Where have you been when we needed you.
Are there no business men in Scotland (not SDM) prepared to put up the money ?
When D & P were appointed, perhaps someone should have gone to the "Dragons Den".
Perhaps there will be a twist in the tail tomorrow.

It's not happening. Charles green will not sell just now. Anyway, why did Walter not come forward before now.

14 Jun 2012 15:09:46
Walter Smith confirms he is leading a new bid to buy club (Sky Sports News). Thought the deal dobe with Green meant it was too late for any new buyer?

It is, all Smith can do is kindly ask him to sell it to him.

It's never to late.
The role of the administrators is to maximise profit for the creditors (not for themselves), Administrators (current and future) have the power to cancel any agreement OR contract that is not in the best interest for the creditors, so if this deal is worth more to the coffers than the current one then they must accept it or face being accused of not doing there job properly (not for the first time), but WHY would the turn it down anyway ? , unless THEY have somekind of hidden agenda that is in THEIR best interest (and that of their boss, WHYTE). If they refuse the new offer or try to deny that it even exists (as they have done before with other offers ("it never went through the propper channels", "it wasn't in writting and in brail", "it was written in blue ink and not in the correct black") and this deal doesn't happen then a full and detailed investigation MUST be carried out immediately on D&P and prison should beckon...

14 Jun 2012 15:08:20
Walter Smith has released a statement confirming he is leading a new bid to buy the club

14 Jun 2012 15:06:58
Sky sports reporting Walter Smith leading a new bid to buy the club.
Light at the end of a long dark tunnel, heres hoping

14 Jun 2012 10:46:37
D&P have announced at creditors' meeting that new trading name for newco is "The Rangers Football Club".

Cant be it is already registered at companies house {Ed039's Note - I think this has been anticipated and the work on this started when Green first appeared on the scene)

Looks as though RFC wiki page has already been updated with an dissolved date of 2012. Timmy obviously been busy today. {Ed039's Note - I never use Wikipedia as an accurate source of information guys)

TRFC - TeRriFiC.

The Rangers can do one as far as I am concerned.

Does anyone think if Ally announced he was formed a new co - Known as Rangers United and would ground share with someone and build a rangers team from scratch....would you follow him and ignore Mr Greed ?

Charles Green, the club's prospective owner, also told the meeting his newco entity, currently called Sevco 5088 Ltd, would be renamed The Rangers Football Club, which would be the club's new trading name because of the death of Rangers Football Club plc.

That says it all about the loss of history when new owner describes the break in such terms.

"would you follow him and ignore Mr Greed ?"
--

Why you think this guy is the villain is totally beyond me... Not saying he is all sweetness and light and the saviour but regardless of his reasons he is all that is left.

Aren't there others targets more deserving of your anger?

SFA and SPL may find 'The Rangers' inappropriate and ask for it to be changed. I find it unbelievable.
I don't think the word 'Rangers' should be allowed. This isn't an honest club that went bust due to economic market forces. This is a rogue cheating club that evaded tax for years, recklessly indebted itself to the banks and latterly withheld social taxes of �21.5m amongst cheating titles and cups also....... The word Rangers should be banned for good.

The park rangers

"SFA and SPL may find 'The Rangers' inappropriate and ask for it to be changed. I find it unbelievable.
I don't think the word 'Rangers' should be allowed. This isn't an honest club that went bust due to economic market forces. This is a rogue cheating club that evaded tax for years, recklessly indebted itself to the banks and latterly withheld social taxes of �21.5m amongst cheating titles and cups also....... The word Rangers should be banned for good."

Shut up you bitter little man!!

The old Rangers are gone.....this is the new Rangers....squeaky-clean with not a penny of debt. If you cant handle the name Rangers, it says more about your mental state than anything else!!

Long live The Rangers Football Club!!!

Does that mean the shirt badge needs to change?

Someone is a bitter little Timmy, the rangers football club would be a great name. Sfa and SPL can't do anything about a club changing its name or what a new club is called unless it is offensive/vulgar , the only people who don't like the word rangers are just bigots and don't know anything about football. Heed RTID

Re: OP and Ed's comment - The Rangers Football Club is registered but belongs to the original and soon to be liquidated RFC entity. It is NOT a new registered name in anticipation of such events.

I checked Companies House and there is no new registered name showing other than ones where clearly there are chances registering names in the hope the newco buys them off them.

Therefore already, there are shades of grey with D&P's announcement the newco will be The Rangers Football Club!

SPM

"I don't think the word 'Rangers' should be allowed"
--

You do know this is the holding company, the team will always be known as Glasgow Rangers FC.

Not that I want to upset you any further.

Quote "SFA and SPL may find 'The Rangers' inappropriate and ask for it to be changed. I find it unbelievable.
I don't think the word 'Rangers' should be allowed. This isn't an honest club that went bust due to economic market forces. This is a rogue cheating club that evaded tax for years, recklessly indebted itself to the banks and latterly withheld social taxes of �21.5m amongst cheating titles and cups also....... The word Rangers should be banned for good"

Brilliant post mate, its about time someone took the bull by the horn like this, they should comeback as Govan Rovers and distance themselves from any mention of Rangers, only by doing this will Scottish football be able to move forward, more importantly the fans of the defunct club once know as Rangers will be able to hold their heads up high again, this is a time for change, a time for new values, a time to support Govan Rovers.

"Why you think this guy is the villain is totally beyond me"...Not saying he is a villan, Im saying he is not a rangers man...he has no history with rangers...he is a business man who sees an opportunity. I'd be more likely to support ally ( or someone with rangers bankground/history) with a group of 19 trainees going through the league system and building a new rangers that some english ( yorkshire is he from ? ) bloke who is trying to get a lot for very little. We need someone to do what the fans have done in Manchester and Wimbledon then one day the real rangers will be back on top.

As an Army Airborne Ranger from Fort Benning Georgia...know as "the Rangers" surely that is going to be a copyright infringement? I will need to take my bumper sticker off my truck now which simply says "The Rangers" as I have a family of Celtic supporters.....

Oh how bitter Celtic fans are, not happy with the demise of a club that's been around 140 years, but they want the word rangers banned too! FFSGAL

Dramatic twist in the rangers story walter smith leading a new bid to oust charles green from rangers and sources close to walter smith say the bid is very serious and genuine and is far better than charles green's bid people becoming increasingly frustrated at charles green's behaviour and green himself is himself considering walking away. i hope to god this is true anyone but charles green please oh god please this guy is nothing but a puppet who's strings are being pulled by craig whyte. they both need to f*** off back to wherever they came from.

Sportsound on BBC Radio Scotland

BREAKING NEWS: Walter Smith fronts new bid for Rangers FC. Here is the official statement:

STATEMENT FROM WALTER SMITH
"I can today confirm that following talks over the last few weeks I am leading a new bid for Rangers Football Club.
"I have been assisted by Jim McColl, Douglas Park and other prominent Scottish businessmen with a shared objective - that Rangers Football Club should be in the hands of Rangers people who will stabilise the club and protect it from future situations like we find ourselves in today.
"With this in mind, representatives have, on behalf of my group, made representations to BDO, Duff and Phelps and indeed Charles Green, notifying them of our willingness to offer on the "Newco" basis on which Mr Green is proceeding.
"We would call on Mr Green to step aside and allow us to proceed with our deal which is in the best interests of the creditors, the employees, the fans and the various other stakeholders of Rangers Football Club.
"None of our group has any desire to own Rangers Football Club but we have put this deal in place to save the Club.
"However, our overriding objective is to ensure that the stadium, the history and everything else magical about Rangers Football Club is protected and nurtured back to good health and provide a platform for Rangers for generations to come.
"Let's be clear, this is an acquisition designed to stabilise the Club and ensure history does not repeat itself.
"We are not in this to take money out of the Club but more so to do whatever it takes in a turnaround plan to ensure within a few years the Club can be passed on intact and to the right people.
"The supporters should be under no illusion that it will be extremely hard but with their support we can overcome financial hardship that lies ahead by lending their support to what we feel is the correct way forward - for Rangers people who know the Club inside and out to control its destiny.
"The prominent Scottish businessmen involved have agreed to provide acquisition funding to allow myself and a management team to take on Rangers Football Club and make the business self-sufficient with long term sustainability being essential.
"I would hope that this offer is fully supported by everyone in the Rangers Family as without them the Club cannot and will not survive.
"We therefore want to ensure honesty and transparency in everything we do. We want to rebuild Rangers Football Club and in doing so return the institution to the standards it is known for."

Sportsound on BBC Radio Scotland

BREAKING NEWS: Walter Smith fronts new bid for Rangers FC. Here is the official statement:

STATEMENT FROM WALTER SMITH
"I can today confirm that following talks over the last few weeks I am leading a new bid for Rangers Football Club.
"I have been assisted by Jim McColl, Douglas Park and other prominent Scottish businessmen with a shared objective - that Rangers Football Club should be in the hands of Rangers people who will stabilise the club and protect it from future situations like we find ourselves in today.
"With this in mind, representatives have, on behalf of my group, made representations to BDO, Duff and Phelps and indeed Charles Green, notifying them of our willingness to offer on the "Newco" basis on which Mr Green is proceeding.
"We would call on Mr Green to step aside and allow us to proceed with our deal which is in the best interests of the creditors, the employees, the fans and the various other stakeholders of Rangers Football Club.
"None of our group has any desire to own Rangers Football Club but we have put this deal in place to save the Club.
"However, our overriding objective is to ensure that the stadium, the history and everything else magical about Rangers Football Club is protected and nurtured back to good health and provide a platform for Rangers for generations to come.
"Let's be clear, this is an acquisition designed to stabilise the Club and ensure history does not repeat itself.
"We are not in this to take money out of the Club but more so to do whatever it takes in a turnaround plan to ensure within a few years the Club can be passed on intact and to the right people.
"The supporters should be under no illusion that it will be extremely hard but with their support we can overcome financial hardship that lies ahead by lending their support to what we feel is the correct way forward - for Rangers people who know the Club inside and out to control its destiny.
"The prominent Scottish businessmen involved have agreed to provide acquisition funding to allow myself and a management team to take on Rangers Football Club and make the business self-sufficient with long term sustainability being essential.
"I would hope that this offer is fully supported by everyone in the Rangers Family as without them the Club cannot and will not survive.
"We therefore want to ensure honesty and transparency in everything we do. We want to rebuild Rangers Football Club and in doing so return the institution to the standards it is known for."

Smith mcoll park biddin for gers

We might be squeaky clean debt wise but another thing that's squeaky clean is our history. 54 titles were still going strong- not anymore fellow bears.

But who owns "Glasgow Rangers FC" as a copy name.... ?

Walter smith is heading a takeover to buy the club

Charles green can do one back to england as del boy would say you plonker. news of this walter smith bid has cheered me up a bit i just hope green and the person pulling his strings that is craig whyte do one and all i can urge is rangers fan to congregate outside ibrox peacefully and try to get green to walk away noone wants him up here we want walter smith and his consortium and ally as manager we have been lied to enough its about time duff and duffer gave the fans what they want. this mess could just be about sorted soon hopefully. all we want is to be back playing football be financially stable and more importantly give other teams their money and not be a club who lies all the time and breaks rule after rule after rule.

Sensational news walter smith along douglas park and jim mccoll have launched a new bid to takeover rangers saying they are in it not for the money but to stabilise rangers in years to come and they have asked charles green to step aside i firmly believe it may well be to late and green has got the club and will strip it bear he will sell ibrox and murray park to developers and walk away with a huge profit we are doomed unless this walter smith bid succeeds which i highly doubt it will duff and phelps charles green and craig whyte have planned this all along they are idiots and will regret taking this action when they realise they have ruined a great club and its history

So, Smith & the Late Knights wait until liquidation and come in offering no money to the Rangers creditors hoping to pick up what remains of the club for zilch.

Shysters, the lot of them.

Walter and his consortium are offering 6 million for 'The Rangers Football Club'.

Is that 9.5 p in the � ?

Also what happens to Ally. Is he demoted to the sponge boy?

Also is SDM part of the consortium (silent or otherwise)? {Ed039's Note - I would doubt SDM is anywhere near this. It just can't happen)

Like I said many times. Liquidation then wait for the big boys to come out and play. the reason Liquidation is preferred is.
I. Its a strait cash bid for assets no mucking about with debts and future debts

2. In liquidation player contracts dont transfer. Rangers currently cant afford their staff and although there's no player fee's. the clear out a lot of dead wood with no compensation. Especially if being paped to 3rd division

3. Shirt sales and Catering back in house. This GOOD new IF you have the backing to set up these retail arms

4, a possibility to dump Murry park. Face it bears its a millstone round your neck.

Still not a done deal but I know where I'd put money. Also expect other to emerge in the near future, but persuading smith to front this was a master stroke

"Also what happens to Ally. Is he demoted to the sponge boy?"

Spongeboy Tightpants?

14 Jun 2012 10:12:44
Rangers tight-lipped on McCoist: Rangers decline to comment on reports manager Ally McCoist is poised to quit the club.

Source: BBC

How much have D+P charged for thinking that one up.

Andy Gray confirmed on TalkSport that Ally will not quit or walk away, if he does end up leaving it will be because he was asked to leave

To be honest if we were'nt in this situation do you think Mr McCoist would still have been manager at this point anyway after the way we lost a 15 point lead in the league.

From what I'm hearing if Ally does decide to walk then it won't be long before he's back in charge at Ibrox. BB

With it now official liquidation. Ally won't be walking away because Rangers 1899 no longer exists. He's just not joining the new club. I expect him to resign this afternoon.

"I expect him to resign this afternoon."
--
Under your own logic, resign from what?

John Macmillan, general secretary of the Rangers Supporters Association, told BBC Scotland that fans should not buy tickets while McCoist's future was uncertain.

"I think, for what he's been through, he's held his dignity very well, and for Ally McCoist to even contemplate doing that, then something must be seriously wrong."

"The very fact that he's not making any comment and Rangers aren't making any comment tells me there's truth in it.

Continue reading the main story
“It's hanging on a cliff edge, I think fans would be ill-advised to renew season tickets at this time”

John Macmillan

Rangers Supporters Association
"In my view there's been a distinct lack of transparency with Charles Green."

"It's hanging on a cliff edge, I think fans would be ill-advised to renew season tickets at this time," he said.

Walter Smith is bidding to save rangers !! Even though rangers are being liquidated. Sounds like he wants to save the new rangers from themselves. If he wants to save the old rangers then he'll need �140million quid for the creditors.

14 Jun 2012 09:46:13
ALLY McCoist is set to quit Rangers after discovering a plot to get rid of him.
Record Sport believes that even though it will break his heart to leave, the 49-year-old is in an impossible position. And late last night sources said McCoist will be gone within 48 hours after confronting new owner Charles Green over plans to oust him.
It was stressed that it was only his loyalty to the club and the fans that prevented him from walking immediately on finding out earlier this week he has no place in Green's blueprint for the future.

Did anyone really expect Ally to go down to Division 3 with paycut and spend next few years trying to get back up to SPL? Give us a break, Green knows he'd be going, Ally knows he'd be going, bloomin eck, the Ibrox cleaners knew he'd be going. So cut the crap and don't insult our intelliegence Ally by leaking some conspiracy nonsense to cover you walking away (which ironically, no one would blame you for doing)

No manager survives administration. McCoist has been lucky. His performance has been very average. His contract has reverted to over one million pounds per year just for him. It's now liquidation, he's not needed. The team will downscale in numbers and quality. He's also been mouthy and shown poor judgement on a few issues.

Sorry some folk feel like that about sally, I am a Celtic fan and all I can say I have upmost respect for this man, yes he has put his foot in by saying stupid things, but to the fans he has been a rock, if he walks away be worried as he knows something is going to happen to his club and does not want to be part of it. Mr Green is an Arthur Daly wideboy and will strip Ibrox to the girders then sell them to Murray for scrap value. {Ed039's Note - Thats the thing that worries me, does Ally know something we dont?)

14 Jun 2012 08:49:36
Mccoist to quit Rangers after discovering Green's plans don't include him. Source todays Daily Record and Traynor speaking on Radio Scotland

We don't do walking away

14 Jun 2012 06:24:40
As yet unconfirmed rumour .... McCoist out .... Brian Reid in as he has greater experience of the lower leagues .

Harry Rednapp in more like lol

SOUNESS and DALGLIESH great midfield but as a management team am not so sure that would work

Whats happening is Coisty leaving for the Spurs job?

Is it no BILLY reid you mean

Well we will not need anyone with European experience because we did not register accounts on time - not because of HMRC.

All over the media today this one about Ally. No smoke without fire.

No mention of the Reid part though.

What ! McCoist doesn`t do walking away . Keep your eye on Ebay for all those shirts I saw at the very last old firm game with " we don`t do walking away " on the back.

How does McCoist being ousted sit with TUPE? Would that not be a breach of contract?

Why don't we all just wait before we're speculating that Coisty will quit, I don't blame the man if he does, he has been a great servant for the club as player and manager and has had to put up with a lot of sh*t these last couple of years. If it is BILLY Reid who replaces him them we need to get behind the new gaffer and support him

Why don't we all just wait before we're speculating that Coisty will quit,---------

NO, Its a rumour site, I am here to speculate ad nauseam.

Anorak.

14 Jun 2012 02:10:32
Heard today that if Rangers are not in SPL that the bank will call in a loan to another SPL team and they will go into administration.

They are heavily in debt and with a reduced income and players on long term contracts that the bank will pull the plug.

I think that is one vote we can count on.

Maybe division three is the place to be I think several SPL teams will be in it in a years time.

Sounds like your mate at the bank is going to be in a bit of bother over confidentiallity laws!

Division 3 suits me. Lets see how many of those club that stuck the boot in, survive when they are not getting the revenue that Rangers provide, be it through sky tv rights or away game gate receipts. Far too many of them are gloating and willing to watch Rangers demise. They seem to forget that without either of the old firm there would be no sky tv, there would be little or no european coefficient to allow us to enter Champions league or UEFA cup. Like we have said before, be very careful what you wish for

With all you doom mongers will there be enough room in the SFL3 to accomodate all these clubs you are saying will be joining.
If Scottish football can't survive without Rangers in the top flight how do you account for the teams that are relegated? Dunfermline will survive in SFL1 and the other SPL clubs will adjust to compensate for any lack of revenue through not having Rangers in the SPL
(which still is not a definite: no TV deal maybe more paying fans; no Rangers maybe more competition for trophies and Europe so more paying fans).
I don't really have any strong feelings about what happens to Rangers, just as long as the treatment is fair and is no different to any other club if they were in the same position.
Al

Probably about the worst rumour I've seen on here. Ridiculous

There may actually be some truth in this.most recent financial figures for the spl show 4 teams dodging with the threat of admin. for them to potentially be faced with losing a chunck of their income, it would be disastrous for them

Live within your means is the clear message from all this. The strong and honest will survive.

Are you seriously expecting anyone to believe this nonsense.A flimsy attempt at rumour mongering.
You and your elk will sink to any level I honestly do pity you

Scaremongering to get Rangers into the SPL.

No, clubs will need to downsize although there's nothing unusual about clubs getting into financial difficulties from time to time.

I am ashamed at the carnage rangers has brought onto scottish football. There are lots of bears talking about keeping rangers history. We've gone busy owing 10's of millions of pounds. Sure we can start as a new co but we don't deserve any history., it is beyond tainted now. It is over. Rangers no more.

So Killie for the drop next year

You're desperate mate - clutching at straws and wnting to take people down with you GTF

It is of course not very sporting to take part in anything if you are not there on merit and there simply because a bank threatens clubs who have behaved properly in a fiscal sense.

Dont talk rubbish.Rather than re call a loan ANY bank would work out a new business plan with the debtors.You lot really need to wake up.

If Rangers go to Div 3, they will be joined in a year by half of the SPL.
Scottish football is on its knees, the fiasco at Rangers simply highlights ths fact.

Look at Dunfermline. They couldn't handle not getting 1 games worth off tickets. Hearts will follow us really soon aswell

To the op i can believe youre post Dundee utd stand to lose 1.2 million just from spl shared money pot a season if sky,advertiser's & sponsors pull out. With everyone going on about it will bring through young scottish talent. Where is this talent ?. Any young scot who's any good will be drawn to english teams & i dont mean EPL teams at the moment league 2 pay there players more money than 75% spl teams. So with even tighter budgets how will they compete at all to keep young talent in Scotland.

RE....LIVE WITHIN YOURE MEANS !!
ONLY THE HONEST AND STRONG WILL SURVIVE..

Are Celtic not 6 million in debt to the bank right now is this living within you're means? Sure it is sustainable but any debt is living outwith youre means..

Living within youre means = no debt.

Aye great attitude mate, another bitter bear who is looking to punish every other team in the SPL over his own teams faults. You won't get your wish pal, and the other teams will survive without you lot if you go to division 3. You also all seem to be ignoring the fact that without rangers the other teams will get a bigger slice of the pie as Rangers and Celtic get a lot more in the way of t.v and prize money than they do. It will be a great battle to see who gets the 1.6 million 2nd place winnings next season. It's all neither here nor there though because your post is mince, all made up in your head or read from an inferior fan site.

Re don't talk rubbish...

Is this the same banks that forced Murray to sell Rangers after they had halved there debt to them in 4 years after working out a new structure plan..

Clubs are looking at losing over 1.2 million a year just in money share from spl.. Not including matchday sponsorship & hospitality.. There is no plan for a bank to restructure such a huge loss in finances. Banks don't give a flying monkies unless there are making money out of you. As soon as it becomes a risk youre on youre own.

LOL....

where's the 1.6 million for second place coming from ??

Can you not understand there is no SPL prize money if sky pull out with advertisers & sponsorship... Jesus talk about communicating with the Thick...

I think a newco should have to start from 3rd division.. But not at the expense of scottish football on a whole. People harp back to the early 80s when aberdeen & Dundee utd had a couple of succesfull seasons. The game has changed beyond recognition now it is a multi billion � industry now. They had players of quality then that could not leave unless the club wanted them to leave. Bosman for has changed this players do what they wish now. Clubs get a pittance even for a development fee now. The scottish league will end up the same as Irish & Welsh leagues. With more than half of the clubs gone to the wall.

"stuck the boot in" no other club as stuck the boot in YET .but with attitude like that who would blame them. Remember not in spl yet and if vote goes against would need to hope the vote to get in sfl goes for you' or will spartans could join div 3.