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Big Rangers Administration/Liquidation Thread - All chat here!


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I would think there are very few people out there who could have done a worse job. Staying in expensive hotels before playing Ayr United and Stranraer FFS!! Being the highest paid manager in Scotland while playing in the bottom league...Fucking Madness

Still on track??? We lost a Cup Final to a very poor Raith Rovers team and then to top that he is filmed partying away with the rest of the team. He should have walked away after that. Getting back to back promotions through the leagues should have been a given FFS. He has been beaten in Cup games against QoS , Forfar and Raith Rovers....Not acceptable

So,,,,,,,,,,,,,,,,,,,,,,,,,

Stupid question time.......

Why on Earth did you choose to follow this club?

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Why would George Soros team up with Charles Green? This is possibly the most mental thing I've ever read.

he hasnt , he possibly somehow mighthave got some investors (linked to Soros)to maybe invest IF they are guaranteed a pay off....a bit like getting a loan from lloyds then saying the governor of the bank of England is backing me.

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So,,,,,,,,,,,,,,,,,,,,,,,,,

Stupid question time.......

Why on Earth did you choose to follow this club?

In fairness to No8, accepting that your manager is hopeless, is not usually held to mean that you re-assess your support for a team.

Everything else however...

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In fairness to No8, accepting that your manager is hopeless, is not usually held to mean that you re-assess your support for a team. Everything else however...

The manager was in place before he started supporting the club MT, hence asking.

Not the usual form, so why follow an idiot when he is all that has been in power?

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perfect, and Soros Fund minimum investment is 500 mn pounds. There is no way they would risk their reputation in Charles Green. I hope they sue him!

I'd settle for seeing him pressed on the claim in an interview.

Remember his frantic backtracking on the claim that Man United had explicitly said they wanted Rangers alongside them? Absolutely hilarious.

The man is a compulsive liar.

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perfect, and Soros Fund minimum investment is 500 mn pounds. There is no way they would risk their reputation in Charles Green. I hope they sue him!

This isn't true. Now they may or may not be investing in Rangers but please don't make up shite. They invested, eg, under $25M in Soda Stream.

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Football teams are not something Soros and partners would do... It is not possible to make money unless as a personal asset strip like some have done. They would not damage brand with Charles Green for 10m. Sorry.

Thats a pity, I'm sorry to hear that.

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perfect, and Soros Fund minimum investment is 500 mn pounds. There is no way they would risk their reputation in Charles Green. I hope they sue him!

Also, that is a pound for every Gers fan out there, if you believe Mr Green.

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I'd settle for seeing him pressed on the claim in an interview. Remember his frantic backtracking on the claim that Man United had explicitly said they wanted Rangers alongside them? Absolutely hilarious. The man is a compulsive liar.

He does talk so much shit his arse is jealous of his mouth, but that's British business for you.

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haven't seen this yet in here maybe it is but i've not seen it

its written by keith jackson so is automatically valid

Rangers Exclusive: Middle Eastern money man behind Ibrox investors Blue Pitch Holdings says he's actively trying to buy a controlling interest in the club
BEIRUT lawyer Mazen Houssami has spoken exclusively to Keith Jackson about his desire to increase his holding from his current 6.14% and help ease the infighting which has blighted the club.

THE Middle Eastern money man behind Rangers investors Blue Pitch Holdings has revealed he is actively trying to buy a controlling interest in the club.

In his first interview since helping to fund Charles Green’s £5.5million Ibrox takeover two years ago, Beirut-based lawyer Mazen Houssami spoke exclusively to the Daily Record yesterday after we tracked him down to his HQ in Beirut.

And he insisted that rather than cut his losses by selling his 6.14 per cent holding to a would-be saviour such as Dave King, he is preparing to snap up more shares in order to have a greater say in the way the club are run.

Houssami said: “I am happy for Blue Pitch to invest more money in Rangers because I believe in the club. I am hoping today to buy more shares and to become the biggest majority or to get a more substantial minority to be able to control or to influence the decisions a bit more.”

Houssami insisted he is the sole power behind the Blue Pitch group.

He stressed that not only has he severed all previous ties with disgraced former executives Green and Imran Ahmad, but that HE fired them from the board.

He was also behind the coup to topple former chairman Malcolm Murray and director Phil Cartmell last summer in the shake-up which saw James Easdale appointed to the board.

JS40104467.jpg

Lawyer Mazen Houssami reveals himself as the man behind Blue Pitch Holdings

Now, 12 months on, Houssami has warned the current regime that he is on the brink of completing another power grab – a move which could erode King’s hopes of getting his hands on the club.

He said: “We haven’t received any interesting offers from anyone to buy our shares. Obviously the price we paid for these shares was much higher than the price today, so I don’t think anyone will come and buy our shares at this point.

“But we have made many offers to buy more shares and we have not been able to do that at this point. I think everyone is keeping their position for the time being.

“Today, what we are offering on the table is to buy more shares, to work hand in hand with other big shareholders, to find a reasonable solution so that the club can move forward.”

The Record understands the current Ibrox board are in a state of flux because of a serious split between James and Sandy Easdale and chief executive Graham Wallace.

The Easdales, who were originally courted by Green, are understood to represent more than 26 per cent of the club’s shareholders, including Blue Pitch.

But Houssami is demanding an immediate end to the infighting.

He said: “What we are trying to achieve is to put Rangers back on the right track when it comes to the management. There are a lot of politics going on inside the club as I am sure you know.

RELATED STORY

Mystery has surrounded Blue Pitch Holdings ever since the name first entered the Rangers story in the summer of 2012

“At this point, we are trying to reach a solution regarding these issues. We will make a statement when we can officially give the public good news.

“The problem is all the internal politics between the various members of the board of directors and the attitude of each of them concerning Rangers and the way to move forward. These things happen in every big company but Rangers have been through a lot of ups and downs recently and we are just trying to put everybody on the same track.

“Blue Pitch is one of the big shareholders. We are not here to facilitate anything – it’s a matter of finding common ground for everyone to move forward.

“We have invested a huge amount of money in this club and we don’t intend to let this go. We need to find a solution.

“We have a clearer situation now than we had a year before so now we are hoping to move forward and to concentrate on playing football, it’s as simple as that. What Blue Pitch wants is to be able to watch the team gets results, to return to the Premier League and then everything will be OK.

“It should be about the football. It is a football team.

“But it’s not easy. I think some of the shareholders are getting there but we are still working at it.

“We don’t want to abuse anyone, we don’t want to take anybody’s shares. We are happy to buy more at the right price and that’s it.”

Houssami’s part in the Rangers saga first came to light in October 2012 when Green described him as Blue Pitch’s “legal beneficiary”. And yesterday, the lawyer denied that he is acting as a frontman for other investors who prefer to keep their identities hidden.

He said: “I am a director, I am the sole owner, the sole holder of the shares. Blue Pitch is me. To describe Blue Pitch as ‘mysterious shareholders’ is newspaper rubbish.

“What can I tell you? I am Blue Pitch Holdings. I control it. I’m actually behind a lot of companies around the world as an investor.

“I understand that Rangers is an emotional investment for the fans. When I came in, the team was having a very bad time – I’m sure you remember all the financial problems that Green was having.

“I and other investors were the people who stepped forward. It’s a business venture for us.

“Don’t get me wrong – we like the team. Part of the advantage of buying a club like Rangers is to have all the history and the background that the team has.”

Asked if he understood why Rangers fans might be concerned by his links with Green’s regime, Houssami said: “Let me tell you something – if Charles Green saw me walking on the street today, he wouldn’t recognise me.

“I know him because his face has been in every newspaper. Other than that, this company is not related to Charles Green at all.

“Actually, Green and Imran Ahmad were two people we ended up firing from the board because they were very destructive for the team and the company. I never had any personal problem with them but they were not the right people.

“I respect a lot the feelings that all the fans have. It was because of their support that we wanted to buy into a company like Rangers.”

As opposed to 'inactively' trying to do something. Anyhoo ...

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perfect, and Soros Fund minimum investment is 500 mn pounds. There is no way they would risk their reputation in Charles Green. I hope they sue him!

Looks like you were correct.

http://www.heraldscotland.com/news/home-news/green-tale-of-soros-10m-for-rangers-is-dismissed.24999430?utm_source=www.heraldscotland.com&utm_medium=RSS%20Feed&utm_campaign=Home%20News

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I wonder how many more fake promises of investment the owners of the company that own the club that pretends to be Rangers will come out with in order to get the fans to release their wallets?

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I wonder how many more fake promises of investment the owners of the company that own the club that pretends to be Rangers will come out with in order to get the fans to release their wallets?

Shouldn't need too many more, there's a lot of mugs who support The Rangers, who will happily part with their kids Christmas to keep the company afloat.

How much has it actually cost to run The Rangers in their first two years?

What's their projected total spend for this year, and how much are they short, to break even?

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Shouldn't need too many more, there's a lot of mugs who support The Rangers, who will happily part with their kids Christmas to keep the company afloat.

How much has it actually cost to run The Rangers in their first two years?

What's their projected total spend for this year, and how much are they short, to break even?

Millions..

Mair millions.....

Hunners and millions.....

:lol:

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Shouldn't need too many more, there's a lot of mugs who support The Rangers, who will happily part with their kids Christmas to keep the company afloat.

How much has it actually cost to run The Rangers in their first two years?

What's their projected total spend for this year, and how much are they short, to break even?

Presumably 1/2 of the alleged £73,000,000 they've already blown in two seasons.

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Bears must be 'beelin' ...

Pumped by Hearts on the opening day, Celtic progressing to a 15 million windfall and nooo .. 10 million for Fraser.

Nae wonder RM has crashed !!

Orcmedia has been very entertaining today. PMSL. Poor berrz.........................nah, fkm.

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