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Big Rangers Administration/Liquidation Thread - All chat here!


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http://www.rangersinternationalfootballclub.com/share-information

Straight from the horses mouth, it does list DL as CEO so I guess it is pretty much up to date, it also makes clear Easdale does not actually own those share, he has a proxy over them.

Page last updated on: 31/10/2014

When was Llambias appointed?

It makes clear that Alexander Easdale has a proxy over the shares he has a proxy over.

I'm talking about the other Easdale.

As with everything involving Rangers these days, nothing adds up.

I noticed this at the end which may explain a little:

Currently, 17.50%+ of the Company’s Ordinary Shares are not in public hands. The Ordinary Shares are freely transferable and no Ordinary Shares are held in treasury.

+ Does not include the 17,062,395 Ordinary Share (representing 20.94% of the issued share capital of the Company) which Alexander Easdale has voting rights over pursuant to the terms of proxy agreements entered into with other shareholders.
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Norms lengthy post which is a bit long for my tablet

Of course Rangers can be successful again in the long term but there are a fair few hurdles in the way before that can happen.

Onerous contracts will mean either extreme cloth cutting, additional finance or a mixture of the two.

Getting the fans back onside and filling Ibrox will need a lot of openness and transparency.

Getting control of the club -- the first step has been made but it's a long road and it won't be east.

Rebuilding the team -- thanks to Ally there is a lot of work to do including restructuring the scouting and coaching systems. At best we'll have another season in the 2nd tier then a few years in the top tier working on the team.

Celtic have lost fans due to a lot of them not being so interested in the league games - the reason why they need to sell players..

Edit spacing between sentences

Edited by bennett
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Not much he can do as the SFA have blocked him, unless he sells Newcastle. He'll just have to make do with having the retail rights and the image rights (?)

Well he could simply buy more shares, and then face whatever punishment the SFA deem necessary.

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Well he could simply buy more shares, and then face whatever punishment the SFA deem necessary.

Then the SFA board would severely hammer rangers, their powers include suspension and expulsions - making his purchase worthless.

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Then the SFA board would severely hammer rangers, their powers include suspension and expulsions - making his purchase worthless.

You genuinely believe this do you?? I'm sure the last few years have shown, that the SFA will bend over backwards to accommodate the new incarnation of the once mighty Glasgow Rangers.

ETA - Is he not facing a 10k fine for his current infringement on SFA policy. I'm sure that'll put a dent in his £3.5 billion

Edited by MONKMAN
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Then the SFA board would severely hammer rangers, their powers include suspension and expulsions - making his purchase worthless.

Only he's not trying to sell semi-final t-shirts and "see out the winter" jumpers to the SFA. He's into the fan's nostalgia desires and can sell his tat to them whether he own shares or not.As I posted before, he put forward the share matter to get a reaction from the SFA. He got it and can happily put the blame on them now. When Llambias no longer serves a purpose, he will be pulled and Ashley will sell his shares. All he wants is security over the company assets.

Edited by WeeHectorPar
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...Getting the fans back onside and filling Ibrox will need a lot of openness and transparency.

Not sure about this. Frankly, I think that if the team were winning week-in, week-out the board could run the club's business affairs as if they were a cross between Howard Hughes and the Mafia, and very few fans would give a damn.

It looks to me like it's not so much the off-field turmoil that's keeping the Rangers fans away, so much as it is the strong likelihood of embarrassing results.

And TBF, it's like that for most teams - my own included - although not quite to the same extent.

Edited by flyingrodent
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You genuinely believe this do you?? I'm sure the last few years have shown, that the SFA will bend over backwards to accommodate the new incarnation of the once mighty Glasgow Rangers.

ETA - Is he not facing a 10k fine for his current infringement on SFA policy. I'm sure that'll put a dent in his £3.5 billion

The SFA board have already blocked him despite many on here saying they would roll over.

The new compliance officer has also brought forward notice of complaints.

Remember who is on the SFA board.

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I am not so sure about these 'onerous contracts' did Somers not confirm they could just be ripped up?

He did but I'm not sure how much faith we can have in Somers ramblings, also we've no idea what sort of shenanigans green and co have been up to. Hopefully a new board can get things sorted and in the future we get back to talking about the fitba.

I tend to look on a worst case scenario at times.

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It'll be interesting to see how Ashley reacts to this if he deems it as a hostile move towards his investment and influence

There's f**k all Ashley can do, the pantomine "ruthless Behemoth" has been beaten by the local lads.

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For this Rangers fan it never has had anything to do with the results, the same for most other fans I know

Very noble and, since you surely know your supporters better than I do, you may even be right.

On the other hand, it's very noticeable that Rangers (the business) was also and obviously being plundered by a bunch of pocket-stuffing thieves back when e.g. you were skooshing the old Third Division, and the crowds held up very well. You'll remember there was a lot of talk about it - plenty of bragging and GIRUY about record-breaking attendances, in fact.

Now that you're routinely getting pumped, there's been a huge, precipitous fall-off in attendance.

Maybe it's just that it's taken this long for the extent of the robbery to sink in, but it is a noticeable coincidence that the walking away began not with the thievery, but with the embarrassing scorelines.

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Norms lengthy post which is a bit long for my tablet

Of course Rangers can be successful again in the long term but there are a fair few hurdles in the way before that can happen.

Onerous contracts will mean either extreme cloth cutting, additional finance or a mixture of the two.

Getting the fans back onside and filling Ibrox will need a lot of openness and transparency.

Getting control of the club -- the first step has been made but it's a long road and it won't be east.

Rebuilding the team -- thanks to Ally there is a lot of work to do including restructuring the scouting and coaching systems. At best we'll have another season in the 2nd tier then a few years in the top tier working on the team.

Celtic have lost fans due to a lot of them not being so interested in the league games - the reason why they need to sell players..

Edit spacing between sentences

Maybe you could define what you mean as "successful"?

As you say, celtic are losing fans hand over fist. Too well-resourced for the SPFL but, obviously, not well enough to be genuinely competitive in Europe. How would the rangers be any different?

Is this " success " you see in the future a return to a handful of games offering nothing but bragging rights over one other team's fans? Your lot's situation is skewed by the GIRFUY factor, but your mates' ST sales have certainly dropped because of one specific factor.

I think the rest of us should be thankful if your vision of the future turns out, as I believe it will, to be hopelessly optimistic. Not because of any disdain we feel for the Sisters and their fans, but out of love for the game as a while.

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Just read the news. Happy new year lads.

Looks like we'll be seeing a well functioning, competitive Rangers in the New Year. I can almost taste the seethe from the diddies.

Ho ho ho.

Would that be the news about your best prospect leaving for a bigger team?

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If and it's a fairly big if, this new group of fans can get a controlling stake in the club then hopefully we'll see the fans filling Ibrox again and the start of some sensible arrangements for running things on and off the park. Another season in the 2nd tier, hopefully hibs go up with hearts and we are in good shape to challenge next season.

2ntwwas.jpg

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