http://scotlandonsunday.scotsman.com/football/Sale-of-Rangers-FC-39will.6650410.jp

 

Quote

Sale of Rangers FC 'will go ahead by mid-January'

 

Published Date: 05 December 2010

By Tom English

 

A DEAL to sell Rangers Football Club to Scots venture capitalist Craig Whyte will go though by the middle of January, according to senior sources at the club.

Whyte, 39, met with Ibrox chairman Alastair Johnston in Glasgow to discuss the purchase of Sir David Murray's shareholding in the club.

 

The proposed £33 million deal will wipe out the existing debt that has stymied Rangers in the transfer market for two years.

 

Yesterday, sources at Rangers said the deal, barring any late hitches, could be completed before Christmas but it is more likely that it will be done by the middle of January. "We can't say with 100 per cent certainty, but Whyte has the money and is very convincing. We think the deal will happen," said the source.

 

Murray has presided over Rangers for 22 years but has been keen to sell his stake for some time.

 

Hopefully the debt thing is not true as that is what is holding them back at the moment.

Now we need club 12 cleared up and new SFL fixtures announced and we can start watching some fucking football.

 

Absolutely this.

Lets see what Longmuir has to say.

Wonder if he'll get the statement out in between sobs and tears?

 

Hari kiri on the Hampden steps?

SFA to release statement today...

 

"Dear clubs

You're all going die!

It's not fair!

Where will I go for some free food and drink on a Saturday now?

Fuck you

The SFA"

From P&B

Apparantly a no confidence vote on Doncaster and Regan has also taken place

1 club voted no even for resolution 1. Prob Clyde or raith.

 

25 voted no to resolution 2.

SFL votes Division 3 as "only acceptable...option to restore pride to the game" 25 clubs of 30 voted for D3

1 club voted no even for resolution 1. Prob Clyde or raith.

 

25 voted no to resolution 2.

 

It's being reported 25 voted yes to resolution 2.

STV now reporting newco as saying they believe SPL 2 will soon be formed.

 

Not heard anything about votes of no confidence. Getting rid of those two is of vital importance.

 

STV now reporting newco as saying they believe SPL 2 will soon be formed.

 

Not heard anything about votes of no confidence. Getting rid of those two is of vital importance.

 

Sky reporting something similar

Rangers' future remains uncertain after the Scottish Football League clubs voted against the Light Blues playing in the First Division next season.

 

"At a meeting at Hampden today, the 30 member clubs agreed to accept Rangers into the SFL but voted against the SFL board being allowed to broker a deal with the SPL and SFA over new structures and procedures which would also include Rangers playing in Division One.

 

"It is now understood that on the back of a briefing SPL chief executive Neil Doncaster and SFA counterpart Stewart Regan gave to clubs last week that the SPL will introduce a plan for SPL 2 - which would include Rangers - and invite existing Division One members to join.

And here it is, the very end stage of the death of Scottish football to save a poisonous sore of a club.

 

"It is now understood that on the back of a briefing SPL chief executive Neil Doncaster and SFA counterpart Stewart Regan gave to clubs last week that the SPL will introduce a plan for SPL 2 - which would include Rangers - and invite existing Division One members to join."

 

Shut the gates.

Who from the SPL is involved in this?  What is AFC's stance?  Season ticket holders deserve know now.

Who from the SPL is involved in this?  What is AFC's stance?  Season ticket holders deserve know now.

 

Absolutely.

 

Also, what if the invited Division One clubs instruct them to ram it?

alex thomson ?@alextomo

WARNING. Club chairman "Everyone in that room heard that Stewart Regan informed Charles Green that there's no way "Rangers" will be in D3 .

 

alex thomson ?@alextomo

That's what really went on. Ignore any guff about "Rangers" definitely heading for D3. This fight has only just started.

 

*sigh* 

They are just basing that on media reports. We need to hear from the SFa today.

Why does Green keep believing what Regan tells him as to where the huns will be next season? One SFL Chairman has said that the huns will be playing in a league of one should SPL 2 come to pass.

Jim Ballantyne:

 

"We don't have any control over the SPL. And they are entitled to do whatever they wish, within their own rules.

 

"But it's important to mention that the Division One clubs went out of their way to make it clear that their route regarding a solution involved all 42 teams.

 

"I think that says a lot for them.

 

"Other bodies are going to have to look at the decision we've taken and decide what view they are going to take.

 

"As far as we're concerned, it's crystal clear and it was a massive majority.

 

"The talk of financial meltdown is scary for everybody but that completely ignores the views of the fans.

 

"The fans have been vociferous in their view of what this whole situation may bring.

 

"Every single club would be happy to tell you about the amount of contact they have had from supporters, expressing concern.

 

"I've never know anything like it in the 10 years I've been involved in football."

 

"This one particular completely covers every single club and the message coming across from every club is exactly the same, even from Rangers fans themselves: if they had their choice it would be Division Three.

 

"That reflected the views of First, Second and Third Division clubs.

 

"You have to consider what the actions of fans may be if sporting integrity is challenged.

 

"Who has put a price on what will happen if they do not come to watch games?

 

"Yes, clubs are worried about figures in one direction but there is a huge concern about figures in the other direction.

 

"It's a very brave decision from the SFL but I'm not surprised."

 

Time for Regan and Doncaster to admit defeat and GTF out of Scottish football forever.

Statement from Green suggests they are accepting Division 3 and wish to get back to footballing matters.

 

Whether the SFA will accept it we'll have to see.

Hamilton can be added to the wank list.

Just been texted from Accies official: SPL to meet on Monday to consider re-admitting them with heavy sanctions.

IF this is true then game is a bogey.

If aberdeen are in anyway linked they should be utterly ashamed and short of 9000 ST holders

SPL will be meeting on Monday to discuss the Dundee/Dunfermline situation anyway. No chance they will be back in the SPL.

Caley arranging an emergancy board meeting over the weekend to discuss the major financial implications of today's announcement on their club.

SFA and SPL should be pushed for statments on this today.

 

SPL clubs themselves could of course kill any speculation tonight by saying that they will not vote to form an SPL 2 or readmit Newco to SPL. Bet they don't.

ICT shiting it:

 

INVERNESS Caledonian Thistle chairman Kenny Cameron says the decision to place the 'Newco' Rangers into the third division next season could "spell the end of football as we know it."

 

Scottish Football League clubs met at Hampden Park this morning to come to a decision on where Charles Green's newco Ibrox club would play,and 25 of the 30 clubs voted the club into the bottom tier.

 

Cameron has said the club's directors are set for an emergency meeting this weekend to discuss the financial implications of the decision.

 

In a statement, Mr Cameron said today was saddening for Scottish clubs, and that no club would escape the consequences.

 

The statement, in full, reads as follows: "There will now inevitably be serious consequences for the game in Scotland.

 

"We have all, as clubs, accepted the views of our stakeholders in making the initial judgement to uphold sporting integrity.

 

"All clubs will now have to live with the repercussions of this decision. Scottish football was at a crossroads today in terms of what was on the table for all clubs regarding reorganisation, financial distribution and a road map that would have taken the game forward.

 

"But this has now been thrown in to disarray by this decision. This is a sad day for all clubs in Scotland."

 

Mr Cameron added: "None of us will escape the financial fallout from this. There was an opportunity on the table, in terms of the joint agreement tabled at today’s meeting for us all to come together and a genuine willingness to improve the game substantially over the coming years.

 

"But it now looks as though this will once again be kicked back in to the long grass. A once in a lifetime opportunity to bring forward change may well have been lost.

 

"The directors of ICTFC are fully aware of the financial implications of this latest decision on Newco. The loss of either our fans or our sponsors was never going to leave any of the clubs in Scotland in a healthy financial position and for some this could spell the end of football as we know it.

 

"Certain clubs in the SFL have perceived the financial information they were receiving as a 'big stick' to beat them into accepting Newco in the First Division. This was definitely not the case, as far as I am concerned. What they were being told was the reality of the situation."

 

The chairman concluded: "We will be convening an emergency board meeting over the weekend to discuss the very serious financial implications for us as a club going forward."

 

The Glasgow club was forced to apply to the SFL after a meeting of SPL clubs last week voted against the newco joining the top tier.

 

Rangers went into administration on February 14 owing over £130 million to creditors.

 

The club will be liquidated, meaning its registration with the Scottish Football Association and SPL ended. A Green-led consortium bought Gers' assests for £5.5 million and created the Rangers newco.

 

A number of the Glasgow club's first-team players have signed with other clubs, rather than play for the newco in a lower division, but manager Ally McCoist has stayed.

 

A decision of whether to let Dunfermline, who were relegated from the SPL last season, or Dundee, who finished second to Ross County in the first division, is imminent.