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

 

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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.

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It is also believed they have letters from Greater Manchester Police and the British Vice Consul in Valencia praising behaviour.

 

:-\

 

Usual bollocks from Bain.

 

 

but stress they won't be attempting to say they aren't tracked around Europe by morons.

:lolabove: :lolabove:

:-\

 

Usual bollocks from Bain.

 

I think they did behave well in Manchester (this time).  Mainly because they were bused in from Wigan to Old Trafford, and bused staright back out again, without being allowed anywhere near the city centre.

Oh aye, I forgot they returned to the scene of their crime this season.

  • 2 weeks later...

The takeover has hit a snag :D

 

Whyte found some letters from HMRC stuffed under the boardroom carpet?

Whyte found some letters from HMRC stuffed under the boardroom carpet?

 

Apparently he wants the deal to go through now but the current board want to wait till the end of the season....all a bit strange. Looking for an exit strategy?  :thumbsup:

Why would the board not do as he wants if they want to sell the club? ???

Why would the board not do as he wants if they want to sell the club? ???

 

Not sure how these things work, but would their share price go up if they win the league? Other than that I can't see a reason why they'd want to hold onto the club ???

Shocker. Cynics might say he doesn't want to upset the apple cart too much. 4,000 Rangers fans twice a season is too valuable to him.

Shocker. Cynics might say he doesn't want to upset the apple cart too much. 4,000 Rangers fans twice a season is too valuable to him.

 

Is the correct answer :thumbsup:

And the fact that *allegedly* he's a rangers supporter

Uefa has fined Rangers 40,000 euros and banned its fans from the club's next away European game for sectarian singing in a match at PSV Eindhoven.

 

At a hearing in Nyon, Switzerland, Uefa also gave Rangers a suspended ban on its fans for a second away game for a probationary period of three years.

 

Uefa also issued a suspended punishment for fans' behaviour at the Ibrox leg.

 

It will fine Rangers a further 40,000 euros and close Ibrox for one match if fans misbehave in the next three years.

 

Should the Scottish Premier League leaders choose to appeal the decision, the club must do so within three days of receiving Uefa's written decision.

 

In a statement on the Rangers website, chief executive Martin Bain said: "We are bitterly disappointed that our club has been placed in a position where we are subjected to these kind of sanctions by Uefa.

 

"We will consider our position when we receive the written reasons for the decision which are expected in a week or so.

 

"The club put its own case very forcibly to Uefa and the more draconian sanctions that were recommended by the disciplinary inspector have been mitigated to a degree.

 

"To be clear, we condemn sectarianism and there is no doubt the mindless behaviour of an element of our support has exposed the club to a very serious situation. The people who engage in this type of behaviour are damaging the club they claim to support.

 

"It is abundantly clear from this decision that if there is any sectarian singing at future matches the suspended bans will take effect. Those fans who engage in such activity need to take that message on board."

 

And Bain added: "In terms of the Uefa case brought against us, we have had serious concerns about the integrity of the evidence compiled by the FARE organisation and that remains the case.

 

"We are also of the opinion that FARE has been influenced by people who make it their business to damage our club in any way they can.

 

"We are committed to the eradication of sectarianism and believe it would have been more constructive for FARE to work with our club rather than against it.

 

"Instead, they submitted evidence to Uefa with a clear objective in mind and have shown a complete lack of transparency or accountability when asked for clarification on various aspects of that evidence."

 

Earlier on Thursday, Rangers assistant manager Ally McCoist accepted that if a ban on fans attending matches at Ibrox helped to eradicate sectarianism, it would be worth the club taking the financial hit.

 

He said ahead of Uefa's decision: "No matter what it costs, if the problem can get eradicated, then anything is a good thing."

 

McCoist, though, believes the guilty fans should be punished instead of the club.

 

"It would be a real blow," added McCoist. "The atmosphere at our place in the Champions League in recent seasons has been out of this world.

 

"I'd feel really sorry for the good fans and the players as well."

 

I was hoping they would get a game at behind closed doors. Really boot them in the coffers.

Can't see them behaving for three years. "We are Rangers, we'll do what we want" will kick in at some point.

Maybe now the RFA sorry SFA will do something as well.

Oh wait a minute they will wait or another Scottish club steps out of line and hammer them instead

  • 2 weeks later...

Craig Whyte completes his takeover. Hope he makes an absolute cunt of it, along with McCoist.

 

 

Craig Whyte completes his takeover. Hope he makes an absolute cunt of it, along with McCoist.

 

This.

  • 2 weeks later...
Rangers Supporters' Trust spokesman David Edgar has called for manager Walter Smith to be knighted after leading the club to a third Scottish title in a row. (the Sun)

In other hun news, I have heard that Bursaspor have made an official bid for McGregor of 5 million.

 

The 5 million being paid thusly - £4 million up front + Kenneth Miller!! ;D

When Craig Whyte was asked what he could bring to Rangers that David Murray couldn't, he said "a bike".

Word going about that Bain has been suspended due to financial irregularities at Ibronx. Not sure how accurate it is.

Nice one Harcus. Always thought Bain looks a thoroughly dodgy guy, and at least McIntyre can get back to making documentaries in his free time now...  ;)

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