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View Poll Results: What is your attitude to a new "Rangers" entering at Div1?

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  • Opposed - and will walk away from Scottish professional football

    537 52.85%

  • Opposed - but will continue to support the game.

    454 44.69%

  • In favour.

    25 2.46%
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  1. 26-12-2014 09:19 PM #25561
    CropleyWasGod
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    Quote Originally Posted by grunt View Post
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    BBCBMcLauchlin ‏@BBCBMcLauchlin2m2 minutes agoGeorge Letham, George Taylor and Douglas Park offer Rangers £6.5million alternative to Mike Ashley investment#bbcsportscot
    Yeah I just heard that on the radio.

    AFAIK., though, the consortium has to wait until the current shareholders decide whether they want to subscribe.
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  2. 26-12-2014 09:30 PM #25562
    hibbymick
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    Ouch!

    http://www.rangersmegastore.com/rang...lcode=37515521
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  3. 26-12-2014 11:15 PM #25563
    PatHead
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    Quote Originally Posted by hibbymick View Post
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    Was a big feet for such a new club
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  4. 29-12-2014 10:33 AM #25564
    Kato
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    M.A.S.H. get a knock-back, suicide is painless.

    http://www.londonstockexchange.com/e.../12197297.html
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  5. 30-12-2014 12:48 PM #25565
    PatHead
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    Doesn't look like they have agreed to seats on the board. Wonder if it will go ahead?

    http://www.bbc.co.uk/sport/0/football/30634541

    "It is understood the board is open to negotiations regarding representation."
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  6. 30-12-2014 12:53 PM #25566
    CropleyWasGod
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    Quote Originally Posted by PatHead View Post
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    Doesn't look like they have agreed to seats on the board. Wonder if it will go ahead?

    http://www.bbc.co.uk/sport/0/football/30634541

    "It is understood the board is open to negotiations regarding representation."
    Possibly just an opening gambit. They're "open to negotiations regarding representation. ". They can't just say "yeah, we'll take it. Come on in".

    That would sound like they're desperate. Which they're not.....
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  7. 31-12-2014 10:11 AM #25567
    Ozyhibby
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    Looks like Laxey have sold up. Question is, who is the buyer?
    £2m spent to buy them out. It's a big move, whoever it is.
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  8. 31-12-2014 10:58 AM #25568
    CropleyWasGod
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    Quote Originally Posted by Ozyhibby View Post
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    Looks like Laxey have sold up. Question is, who is the buyer?
    £2m spent to buy them out. It's a big move, whoever it is.
    Where did you see that?

    Edit....seen it now.
    Last edited by CropleyWasGod; 31-12-2014 at 11:43 AM.
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  9. 31-12-2014 11:16 AM #25569
    greenginger
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    http://www.londonstockexchange.com/e...T9Z75GBGBXASQ1


    13.3 million shares punted this morning.
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  10. 31-12-2014 11:22 AM #25570
    Col2
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    Quote Originally Posted by greenginger View Post
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    http://www.londonstockexchange.com/e...T9Z75GBGBXASQ1


    13.3 million shares punted this morning.
    I can't see that from this link - maybe it's obvious to others! If £13.3 m shares sold then that's about £2.5m.
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  11. 31-12-2014 11:25 AM #25571
    The Hibee Harp
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    Quote Originally Posted by Col2 View Post
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    I can't see that from this link - maybe it's obvious to others! If £13.3 m shares sold then that's about £2.5m.
    More here http://www.dailyrecord.co.uk/sport/f...rtners-4898356
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  12. 31-12-2014 11:36 AM #25572
    grunt
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    Quote Originally Posted by The Hibee Harp View Post
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    "well-healed"

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  13. 31-12-2014 11:50 AM #25573
    Radium
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    'Three Bears' consortium buys significant shareholding in Rangers http://t.co/JP0MxJfrdw http://t.co/kNwF9hTMGv
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  14. 31-12-2014 11:50 AM #25574
    Radium
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    Reported by STV
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  15. 31-12-2014 11:58 AM #25575
    Spike Mandela
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    I take it these guys are all current shareholders with 'first dibs' on new shares as per agm announcement or is this simply current shares sold?
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  16. 31-12-2014 12:06 PM #25576
    Col2
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    Interesting move. The Rangers need investment, cash, wonga and a fair amount of it. This move doesn't directly help them on that front but makes the 3 little bears the largest shareholders as per reports.

    What now? Power struggle with Ashley (who holds all the commercial deals)?
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  17. 31-12-2014 12:09 PM #25577
    The Hibee Harp
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    Quote Originally Posted by Col2 View Post
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    Interesting move. The Rangers need investment, cash, wonga and a fair amount of it. This move doesn't directly help them on that front but makes the 3 little bears the largest shareholders as per reports.

    What now? Power struggle with Ashley (who holds all the commercial deals)?
    Looks likely in my view which could get very, very messy.
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  18. 31-12-2014 12:13 PM #25578
    Del Boy
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    Rumours of Boyd back to killie
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  19. 31-12-2014 12:14 PM #25579
    Weststandwanab
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    Quote Originally Posted by Col2 View Post
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    Interesting move. The Rangers need investment, cash, wonga and a fair amount of it. This move doesn't directly help them on that front but makes the 3 little bears the largest shareholders as per reports.

    What now? Power struggle with Ashley (who holds all the commercial deals)?
    A racing certainty in my opinion.
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  20. 31-12-2014 12:15 PM #25580
    The Hibee Harp
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    Quote Originally Posted by Del Boy View Post
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    Rumours of Boyd back to killie
    Where did you hear that?
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  21. 31-12-2014 12:17 PM #25581
    Billy Whizz
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    I'm presuming Laxdales have made a bit of a loss on this?
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  22. 31-12-2014 12:36 PM #25582
    Weststandwanab
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    Quote Originally Posted by Billy Whizz View Post
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    I'm presuming Laxdales have made a bit of a loss on this?
    The nominal value at issue I think was 70p though the will have got a discount from that price but yes a substantial loss will have been incurred.
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  23. 31-12-2014 12:59 PM #25583
    ballengeich
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    Quote Originally Posted by Billy Whizz View Post
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    I'm presuming Laxdales have made a bit of a loss on this?
    They made a loss on their initial investment, but not on what they purchased in the recent rights issue. When they increased their holdings at that time, I was surprised, and concluded that they were working on a plan in some informal partnership with Ashley and the group fronted by the Easdales, particularly when Ashley made a subsequent purchase taking the combined holding of the three groups over 50%.

    I reckon Laxey have been shafted by either Ashley or the Easdales and have thrown in the towel. The 3 bears now have about 20% of the shares, as at least one was an existing shareholder. If they underwrite the proposed new issue, then if other existing holders don't take their entitlement they could end up with a holding over 29.9% and would have to make an offer for all the other shares, so they could be in full charge quite quickly. For their sakes I hope they can afford the consequences.
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  24. 31-12-2014 01:13 PM #25584
    CropleyWasGod
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    Quote Originally Posted by Spike Mandela View Post
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    I take it these guys are all current shareholders with 'first dibs' on new shares as per agm announcement or is this simply current shares sold?
    This is the current shares. The new issue hasn't been launched yet.

    In other words, no change to their financial situation.
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  25. 31-12-2014 01:44 PM #25585
    CropleyWasGod
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    Does anyone know if the loan from Letham (aka Mama Bear ) has been repaid?
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  26. 31-12-2014 02:46 PM #25586
    Jack Hackett
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    Quote Originally Posted by CropleyWasGod View Post
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    Does anyone know if the loan from Letham (aka Mama Bear ) has been repaid?
    According to this http://www.telegraph.co.uk/sport/foo...is-season.html it has been
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  27. 31-12-2014 02:54 PM #25587
    CropleyWasGod
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    Quote Originally Posted by Jack Hackett View Post
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    Cheers .

    The politics of this all are mind bending at times.
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  28. 31-12-2014 02:57 PM #25588
    Crazyhorse
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    Quote Originally Posted by Col2 View Post
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    Interesting move. The Rangers need investment, cash, wonga and a fair amount of it. This move doesn't directly help them on that front but makes the 3 little bears the largest shareholders as per reports.

    What now? Power struggle with Ashley (who holds all the commercial deals)?
    Unless Ashley is behind it in some way? Neatly sidestepping the knock back from the SFA. I suppose we will find out shortly.
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  29. 31-12-2014 04:41 PM #25589
    Keith_M
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    Quote Originally Posted by Crazyhorse View Post
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    Unless Ashley is behind it in some way? Neatly sidestepping the knock back from the SFA. I suppose we will find out shortly.

    He's not, according to the Record.

    "The Isle of Man investment group firm were the largest shareholder in the club but has now sold its 16 per cent stake to a consortium made up of Douglas Park, George Letham and George Taylor in a deal worth almost £2.7million."
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  30. 31-12-2014 05:13 PM #25590
    Radium
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    From Scotzine

    Lewis MacLeod has today signed for English championship side Brentford for £850,000 on a three and a half year deal, subject to international clearance.
    An informed source has told Scotzine that Rangers will not receive a single penny of MacLeod’s transfer fee due to an agreement with Newcastle United owner Mike Ashley. The source told us that: “Condition one of Ashley’s first £1 million loaned was secured against the sale of McLeod in January.”

    http://www.scotzine.com/2014/12/bren...leod-for-850k/
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