It has been announced that former rangers manager and club legend Walter Smith is leading a consortium to take over rangers football club. Smith who has the backing of the parks of Hamilton group has confirmed his bid for the newco which will be called the rangers football club.
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Good luck to them, im no Rangers fan i actually like Celtic over Rangers, but i respect Rangers and everything it has achieved over the years and it would be a shame to see it go under (don't think it will happen) hope the matter is sorted soon as, the fans of the club who have supported them thick and thin don't deserve this.
Hillsborough 15th of April 198996
Never Forgotten
You'll Never Walk Alone
JFT96 - !!DONT BUY THE S*N!!
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He's a bit late, Rangers has already been sold to Charlie Green, it is now known as The Rangers fc and an application has been made to join the SPL
You couldn't make this ~~~~in stuff up if you tried! The whole things a farce!'If you are neutral in situations of injustice, you have chosen the side of the oppressor. If an elephant has its foot on the tail of a mouse and you say that you are neutral, the mouse will not appreciate your neutrality.'
-Bishop Desmond TutuComment
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Charles Green issued the following statement today:
"Following the formal decision of the creditors' meeting at Ibrox Stadium today, the consortium I represent has fulfilled its agreement with the administrators and has completed the acquisition of the business and assets of The Rangers Football Club plc.
"The transfer of the business and assets to a new company structure has taken effect immediately and the new company is The Rangers Football Club.
"An application has already been made by the company to register with the Scottish Football Association and to participate in the SPL.
"These applications will be considered over the next few weeks and I will continue to have discussions with the football authorities in relation to the Club's position.
"This day is bitter-sweet for the consortium I represent. From our first involvement we made it clear we would have preferred to acquire this great Club through a CVA.
"The decision by HMRC to vote against the proposal was, in my view, counter productive and did nothing but visit the sins of the past on the owners of the future and indeed the supporters who care so much for Rangers and deserve better.
"It was however prudent for us to prepare for this outcome and we are proud and honoured to acquire Rangers and begin a new chapter in its illustrious history.
"These are early days and there is a huge amount of hard work to be done to rebuild Rangers'If you are neutral in situations of injustice, you have chosen the side of the oppressor. If an elephant has its foot on the tail of a mouse and you say that you are neutral, the mouse will not appreciate your neutrality.'
-Bishop Desmond TutuComment
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Hmm wonder if anyone on dk would have liked to rename them ??? how about glasgonefornow rangers
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I have a feeling that Charles Green is somehow connected to all this farce through craig whyte and duff and phelps and i reckon this move from Walter Smith and his consortium maybe think that as well.
It will now be interesting to see if this new twist gathers pace and if it can indeed go forward with green stepping aside and letting Walter Smith and his consortium take the reigns.
The Rangers fans will be more happy that Walter has got involved in this way and would back him to the hilt.
I don't know if it's going to happen but if it does not green could be in a bit of a precarious position with the Rangers fans especially as Rangers fans will trust Walter 100 % and if green blocks this then my feelings of green being connected with this saga thru whyte or duff and phelps will get a bit stronger.Last edited by SIMPLY THE BEST; 14 June, 2012, 17:10.
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Now he owns the club he can punt Coisty off and get a real manager in and not one blinkered to the cause.Comment
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How can Walter possibly be good for The Rangers when he's intrinsically linked to the old regime that caused it's liquidation ?'If you are neutral in situations of injustice, you have chosen the side of the oppressor. If an elephant has its foot on the tail of a mouse and you say that you are neutral, the mouse will not appreciate your neutrality.'
-Bishop Desmond TutuComment
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wished i had 6 million,i would sort the whole mess out.Comment
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I am talking about from the fans perspective i have not met 1 fan that would think that way and they would certainly trust him more than they would trust green imho.
And to say he was linked to the old regime that caused it's liquidation is hard to understand whyte is the reason the club finds itself in liquidation not the old regime if by old regime you mean David Murray ?Comment
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Whyte is NOT the reason Rangers were liquidated, they were liquidated due to dubious financial practices (which Walter and Ally would have known and been a part of) and amassing massive debts which they could never afford to repay! Whyte/Green/Duff & Phelps were all patsies of Murray !'If you are neutral in situations of injustice, you have chosen the side of the oppressor. If an elephant has its foot on the tail of a mouse and you say that you are neutral, the mouse will not appreciate your neutrality.'
-Bishop Desmond TutuComment
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We'll agree to disagree on that one they were liquidated because whyte came in and didn't pay 1 penny towards the running of the club and he did not pay 1 cent of paye or anything else for that matter and by not paying a cent to anyone the blame lies fully at whytes door for putting them in admin then liquidated.
David Murray was paying what was needed to be payed when he was still running the club and he had brought the debt down year by year and the club was not liquidated by him or because of him it was liquidated because whyte had this in his mind all along.
If anything Murray can only be blamed for crumbling under the pressure that the banks were putting on him and his other businesses but to say he put Rangers in Liquidation is wrong because it was whyte that led to all this.Comment
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Murray sold the club knowing exactly the situation it was in regarding the mounting debts, and the situation in respect to HMRC, the financial irregularities were almost all accrued during Murrays (and Walters) time in charge, the detail of which was public knowledge due to excellent journalism by Phil MacGiollaBhain long before Whyte got involved. How can Whyte be held responsible for acts of financial piracy when he wasn't even connected to the club thats just plain daft
'If you are neutral in situations of injustice, you have chosen the side of the oppressor. If an elephant has its foot on the tail of a mouse and you say that you are neutral, the mouse will not appreciate your neutrality.'
-Bishop Desmond TutuComment
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Ok answer 1 thing who was in charge when Rangers went into admin that led to liquidation ?Murray sold the club knowing exactly the situation it was in regarding the mounting debts, and the situation in respect to HMRC, the financial irregularities were almost all accrued during Murrays (and Walters) time in charge, the detail of which was public knowledge due to excellent journalism by Phil MacGiollaBhain long before Whyte got involved. How can Whyte be held responsible for acts of financial piracy when he wasn't even connected to the club thats just plain daft Comment
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