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.

The Millionaire 

 

 

 

Gazza

 

True Blue

 

5,752 posts

 

 

Posted Today, 09:41 AM

 

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7.0m on non football payroll costs!

 

I'll say one thing about Wallace, he is the best thing that ever happened to us

 

Finally they admit that Green and Stickbridge and co was a fucking disaster and the club has been almost ran into the ground

 

The club will be getting money from me from this bear

 

Looking forward to my new seat

 

 

I was just about to post that.  You couldn't make it up. 

these huns are fucking hilarious, they are so fucking thick its untrue.  they are getting robbed left right and center yet they still want to hand over cash!

 

think we need to let these nigerian conn men know this trick  :rofl:

 

I feel a bit sorry for them tbh. Old firm fans are so obsessed with their clubs they can't see the woods for the trees. There is more to life than football so don't keep giving money to some dying club. It's like that photo of some Rangers legend taking a wad of cash of some old guy. I just found it a bit sad rather than funny.

70 million?  :wave: :rofl:

 

 

http://www.bbc.com/sport/0/football/27210616

We didn't spend any money at all on the players, the budget came down, the wages in relation to turnover at the club is probably the envy of any club in world football

 

Rangers boss Ally McCoist.

 

   

https://uk.eurosport.yahoo.com/news/scottish-premier-league-8-000-fans-turn-turn-121232012--sow.html

 

Fine both clubs heavily, and put the hun out of business!

Fine both clubs heavily, and put the hun out of business!

 

Or they could just sweep it under the carpet cause Old Firm boys will be Old Firm boys. 

It's not been the Old Firm since Rangers became a new club! 

http://www.dailyrecord.co.uk/sport/football/football-news/rangers-crisis-entire-ibrox-board-3494316

 

 

 

http://www.dailyrecord.co.uk/sport/football/football-news/kenny-miller-quits-canada-third-3497106

 

Fuckhead.

Got to wonder about the intelligence of any player that signs for a club that are clearly about to go into administration again.

He's denying it on the BBC

Got to wonder about the intelligence of any player that signs for a club that are clearly about to go into administration again.

 

Even a Vancouver fan was saying on the MLS facebook page why would he go to a club that is in such a financial mess.

Something on Twitter about the SPFL funding Sevco's TV coverage? Anyone got any more details?

SPFL pay BT up to £250,000 per season to cover Rangers game costs

 

http://sport.stv.tv/football/275976-spfl-pay-broadcaster-up-to-250000-per-season-to-show-rangers-games/

 

Pretty poor stuff.

 

http://www.sundaypost.com/sport/football/dundee-utd-blast-for-rangers-in-transfer-row-1.410939

http://www.sundaypost.com/sport/football/dundee-utd-blast-for-rangers-in-transfer-row-1.410939

 

Fantastic stance!

That's fucking excellent work by the Arabs. 

Refreshing read. Good on them!

That's fucking excellent work by the Arabs. 

 

Totally agree.

Well done and speaking for all of us.

100% back their stance on this

http://www.dailyrecord.co.uk/sport/football/football-news/rangers-directors-hold-showdown-talks-3668192

 

Rangers are to launch a new share issue in a bid to raise in the region of £8m.

 

The Ibrox board met institutional investors in London on Tuesday, with the new issue to take place before the end of August.

 

Rangers chairman Graham Wallace recently told fans that the Ibrox club was "in a good place" financially.

 

The BBC understands that a minimum of £7m is needed to cover a cash shortfall at the newly-promoted Scottish Championship outfit.

 

Major shareholders Laxey Partners and chairman of the football board, Sandy Easdale, have both indicated they will buy more shares.

 

Wallace's 120-day business review sets out the club's intention to raise fresh equity in the autumn, win promotion from the Championship to the Premiership at the first attempt next season, before adding a Scottish title and being competitive in Europe by 2017.

 

The club's interim accounts revealed losses of £3.5m for the six months to 31 December and "going concern" status was only granted on the basis of predicted rises in season-ticket prices and sales.

 

The board have had to seek emergency funding in recent months.

I know we need to find alternate venues because of the CW games, but the SFA doing their best to bail out their favourites again

 

http://www.bbc.com/sport/0/football/27802276

 

Surely Georgia would have been an ideal game to take out of Glasgow to Edinburgh, Dundee, Aberdeen???

Was the last time we qualified for a major tournament not when we were travelling round the country playing home fixtures?

 

Surely Georgia would have been an ideal game to take out of Glasgow to Edinburgh, Dundee, Aberdeen???

 

Agreed, although Dundee really would have to wait till we get drawn in a group with Romania...