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.

Had the exclusive interview with the Rangers guy at the start of the week

ONE of Scotland’s most influential sports journalists, Tom English, is leaving as chief sportswriter at The Scotsman and Scotland on Sunday.

English – who is also a well-known and forthright pundit on BBC Radio Scotland – pens, among other things, a mid-week column for The Scotsman. He also writes a column for Scotland on Sunday.

His final column for SoS will be this weekend.

He is taking advantage of a voluntary redundancy offer made by the papers’ publisher, Johnston Press, towards the end of last year.

 

 

Must admit I stopped buying the SoS a while ago but he's top of the top sports writers, no question.  Voluntary redundancy offer? 

 

Dreadful if he's off to the huns, but he's been having a go at them for a while so I find this a bit strange!?  What's the source for this?

 

Seem to recall Traynor laying into the blue meanies on the BBC only to suddenly quit and take a job with them.

 

If English has done the equivalent then you do have to start asking questions

 

 

like how much is your credibility worth  and how can the hun afford that?

He's tweeted to say he's not going to Mordor.

He's tweeted to say he's not going to Mordor.

 

But thats what he would tweet!!!!

http://www.invernessreds.co.uk/brian-stockbridge-leaves-rangers/

 

Rangers have parted company with finance director Brian Stockbridge, the Ibrox club have announced.

 

They already have someone in mind to replace him

 

I have seen Craig whytes name banded about on twitter this week

 

Its been a very funny week when you look at the rangers

The gift that just keeps on and on giving.......

Tom English tweeted this last night :-

 

Er, no, I'm not doing a Traynor tomorrow.I will be joining Rangers, however.I'll be assistant to the new director of football, Glenn Gibbons

 

Away to unfollow him now...........

 

Tom English tweeted this last night :-

 

Er, no, I'm not doing a Traynor tomorrow.I will be joining Rangers, however.I'll be assistant to the new director of football, Glenn Gibbons

 

Away to unfollow him now...........

 

Glenn Gibbons is a reporter on the Scotsman.

Is he - aye that makes more sense then cause it sounded a bit tongue in cheek 

Why was this article on the Aberdeen page?!?! BBC Scotland are a bunch of cunts.

 

http://www.bbc.co.uk/sport/0/football/26072180

Why was this article on the Aberdeen page?!?! BBC Scotland are a bunch of cunts.

 

http://www.bbc.co.uk/sport/0/football/26072180

 

 

Scottish Newspaper HQ

 

'Ho Goubo'

'Aye?'

'I've no seen any news about the gers this week. Whats the scriptoid?!'

'Sorry chief, its no been easy wi all these diddy shite getting all the press and yon sheep grogging on Lenny'

'FUXACHE get round Sally's Gaff and get him to say something....ANYTHING!!!

He'll no doubt be asked to explain his comments...

 

 

I take it his punts are in a twist because The Rangers will miss out on a fee for rental of their stadium? Anyone have any idea what that fee is likely to be?

I take it his punts are in a twist because The Rangers will miss out on a fee for rental of their stadium? Anyone have any idea what that fee is likely to be?

 

Around about what he earns in 20 minutes.

From BBC Rumours

 

Rangers boss Ally McCoist believes the Ibrox club can be Premiership title contenders in two years - if funding is found for £30m worth of lost talent

 

I'm pretty fucking sure ANY team in Scotland would walk the league with 30,000,000 to spend.

 

McMoist is an erse!

http://forum.rangersmedia.co.uk/index.php?showtopic=265152&st=20

 

Sorry guys to sully our fine board with filth like this, but this was sent to me, and for entertainment value I felt I simply must share with you.

 

Comment 24 is the one......

Deluded!

Seriously?? Was talking about something similar with a Hun last week when the draw was made and who would be favourites for the cup. I thought it was near the opposite, who from the Huns would we take in our team?? I figured Lee Wallace, mainly coz we don't have a natural experienced left back. I'd take Law but I wouldn't be overly fussed compared with what we have

Cash from share issue is gone, taking a £1.5m loan from the Easdales to keep going......

Cash from share issue is gone, taking a £1.5m loan from the Easdales to keep going......

 

The Easdale brothers and Rangers' biggest single shareholder are prepared to loan the Scottish League One club up to £1.5 million.

 

The move by Sandy Easdale, chair of the football board, James Easdale, a director of the plc board, and Laxey Partners would be part of chief executive Graham Wallace's attempts to rebalance the business.

 

City sources revealed yesterday that agreement has yet to be finalised on the proposal as talks continue.

 

However, it has been established the money would be repaid in the form of shares rather than cash at some point in the next 12 months.

 

Rangers' cash reserves are understood to be diminishing, and the next significant income stream is not due until Rangers fans renew their season tickets in the summer.

 

Mr Wallace, who is in the midst of a 120-day review of every aspect of Rangers' business, has already admitted that cost-cutting is required because outgoings are greater than revenues.

 

Despite continuing rumours over an imminent cash-flow problem at Ibrox, the former Manchester City chief executive is adamant that there are enough funds to continue trading.

 

However, significant savings have yet to be made with no players having left during last month's transfer window.

 

Some Rangers directors were in London yesterday meeting shareholders and any lending of funds would be seen as a vote of confidence in Mr Wallace.

 

Dave King, the former director who previously invested £20m in the club, has made it clear that he wishes to re-invest and lead the funding round of a new share issue.

 

This would, though, dilute the holdings of the current shareholders unless they also put in more money.

 

Mr King has also expressed his concern that if costs are cut to meet Rangers' current income levels, then the club will take years to return to its former status, and he would prefer fresh funding to be sought now to allow investment to strengthen the team and the infrastructure.

 

The daily record are calling it a 'windfall'.