Not really surprised he's been rejected. He'll probably reappear (if his comments about working alongside other shareholders is correct) once things have settled down, whenever that is
Comment deleted by Site Moderator
DOUGLAS PARK and his consortium were locked in advanced talks with the Rangers hierarchy last night as they edged closer to winning the battle for control of Ibrox.
Record Sport understands the Lanarkshire-based
businessman and his allies, George Letham and George Taylor, are on the brink of agreeing a deal to plough over £6million of emergency money into the club to spare it from insolvency – in return for two seats on the board.
An announcement is expected early this week as the current regime scrambles to secure fresh funding.
And last night, with Park and his group on the cusp of forcing their way into a position of power, directors James and Sandy Easdale appeared to pave the way for their imminent arrival by insisting they will be welcomed into the boardroom.
In a statement the Easdale family adviser Jack Irvine said: “Sandy and James repeat again that they will willingly work with Douglas Park’s group for the benefit of the club.”
Rangers boardroom battle: Douglas Park consortium winning the battle for Ibrox as they hold advanced talks with club bosses
Douglas Park
Douglas Park and his consortium are closing in on control
DOUGLAS PARK and his consortium were locked in advanced talks with the Rangers hierarchy last night as they edged closer to winning the battle for control of Ibrox.
Record Sport understands the Lanarkshire-based
businessman and his allies, George Letham and George Taylor, are on the brink of agreeing a deal to plough over £6million of emergency money into the club to spare it from insolvency – in return for two seats on the board.
An announcement is expected early this week as the current regime scrambles to secure fresh funding.
And last night, with Park and his group on the cusp of forcing their way into a position of power, directors James and Sandy Easdale appeared to pave the way for their imminent arrival by insisting they will be welcomed into the boardroom.
In a statement the Easdale family adviser Jack Irvine said: “Sandy and James repeat again that they will willingly work with Douglas Park’s group for the benefit of the club.”
Robert Sarver watches his Phoenix Suns side in an NBA match against Oklahoma City Thunder VIEW GALLERY
Between them, Park, Letham and Taylor already have control of 20 per cent of the troubled Ibrox club’s shares.
They are pushing for regime change and plan to invest further in a new share issue but realise the club’s cash flow position is critical and needs to be addressed immediately.
In fact, Hong Kong-based banker Taylor believes, in the longer term, Rangers fans should eventually have control over their own club.
The Morgan Stanley managing director has now signed up to a life-time membership with
fan-ownership group Rangers First and said last night: “My hope is that direct fan ownership would become the biggest
individual owner of the club.”
Rangers First director Ricki Neill said: “With our monthly contributors donating amounts from £5 upwards, Rangers First have the income to buy an increasing number of shares every month.
“The more members we get to join Rangers First the faster
we grow and the bigger our
shareholding becomes
As the crisis deepens, the South African-based businessman is expected by many to call for an egm later this week in a bid to
rout the current board at a
shareholders’ vote.
Newcastle owner Mike Ashley, meanwhile, may yet be prepared to make a rival offer after
previously handing over £3m to keep the club afloat through November and December.
A close source said last night: “The cash situation remains
critical and because of this a
decision had been expected over the weekend.
“The club is now days away from running out of money completely so there is an urgent necessity to get this funding in place.
“However, the talks with the Douglas Park group are at a very advanced stage and it is expected that an announcement will be made soon.”
In a statement the Easdale family adviser Jack Irvine said: “Sandy and James repeat again that they will willingly work with Douglas Park’s group for the benefit of the club.”
----
Wtf? Family advisor
If the Easdales want to help the club they can fück off back to Inverclyde.
Is ashleys rival offer another loan? Iexpected him to be planning his exit
Rangers First is a forkin Ponzi scheme
I wouldn't touch it with a bargepole
You keep saying sdf, on what basis.
Rangers First is set up and administered by supporters direct. That's why I went with them as I had zero interest in buy rangers as essentially you are giving the RST money to buy shares for themselves, which is fine if you are an RST member I guess
Rangers First is a donation scheme, you could pump in as much money as you want and if you decide no more or want out you leave with nothing
Im not convinced on any of the current models for fan ownership, however at least if you decide to leave Buy Rangers you are refunded part of your investment in shares
you get something back
im not in any Rangers supporters group of any sort
That's because it's a community ownership trust sdf. Nothing unusual about that at all. How would you expect it to operate?
It's the same scheme that's been operated in many clubs around the country and they have actually achieved outright fan ownership in many cases. As far as I'm aware the hearts one is also set up by supporters direct and very successful.
Did not know the RST give you shares if you leave. That intact is a concern, how can they negotiate for board representation if half their members leave then all of a sudden their shareholding shrinks massively
that's its, the amount of $hite that's spread about the RST and particularly Mark Dingwall is why I wouldn't trust Rangers First as far as I could throw them
esp with that Rat Alan Harris involved in the background pulling strings
in the last week RF have tried to sook the root of George Letham after they announced they purchased laxy shares even though he's an RST board member
they then criticised the RST for buying more shares which took then over 1% holding and said that no money was going to club
they had their acolytes snipe and complain about this, only to then do the exact same thing because they cant stand the fact the RST has a bigger shareholding
for me, RF is polluted by diqs who have an egenda against other good bears and for that reason I would trust them
Well the members can vote them out if they are unhappy with the running of it.
You can't do that with buy rangers as it's the RST members votes that determines what happens.
Where's all this stuff about rangers first criticising people for buying shares?
As a member I will be complaining to them if that's the case
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Sarver bid rejected
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posted on 12/1/15
Not really surprised he's been rejected. He'll probably reappear (if his comments about working alongside other shareholders is correct) once things have settled down, whenever that is
posted on 12/1/15
Comment deleted by Site Moderator
posted on 12/1/15
DOUGLAS PARK and his consortium were locked in advanced talks with the Rangers hierarchy last night as they edged closer to winning the battle for control of Ibrox.
Record Sport understands the Lanarkshire-based businessman and his allies, George Letham and George Taylor, are on the brink of agreeing a deal to plough over £6million of emergency money into the club to spare it from insolvency – in return for two seats on the board.
An announcement is expected early this week as the current regime scrambles to secure fresh funding.
And last night, with Park and his group on the cusp of forcing their way into a position of power, directors James and Sandy Easdale appeared to pave the way for their imminent arrival by insisting they will be welcomed into the boardroom.
In a statement the Easdale family adviser Jack Irvine said: “Sandy and James repeat again that they will willingly work with Douglas Park’s group for the benefit of the club.”
Rangers boardroom battle: Douglas Park consortium winning the battle for Ibrox as they hold advanced talks with club bosses
Douglas Park
Douglas Park and his consortium are closing in on control
DOUGLAS PARK and his consortium were locked in advanced talks with the Rangers hierarchy last night as they edged closer to winning the battle for control of Ibrox.
Record Sport understands the Lanarkshire-based businessman and his allies, George Letham and George Taylor, are on the brink of agreeing a deal to plough over £6million of emergency money into the club to spare it from insolvency – in return for two seats on the board.
An announcement is expected early this week as the current regime scrambles to secure fresh funding.
And last night, with Park and his group on the cusp of forcing their way into a position of power, directors James and Sandy Easdale appeared to pave the way for their imminent arrival by insisting they will be welcomed into the boardroom.
In a statement the Easdale family adviser Jack Irvine said: “Sandy and James repeat again that they will willingly work with Douglas Park’s group for the benefit of the club.”
Robert Sarver watches his Phoenix Suns side in an NBA match against Oklahoma City Thunder VIEW GALLERY
Between them, Park, Letham and Taylor already have control of 20 per cent of the troubled Ibrox club’s shares.
They are pushing for regime change and plan to invest further in a new share issue but realise the club’s cash flow position is critical and needs to be addressed immediately.
In fact, Hong Kong-based banker Taylor believes, in the longer term, Rangers fans should eventually have control over their own club.
The Morgan Stanley managing director has now signed up to a life-time membership with fan-ownership group Rangers First and said last night: “My hope is that direct fan ownership would become the biggest individual owner of the club.”
Rangers First director Ricki Neill said: “With our monthly contributors donating amounts from £5 upwards, Rangers First have the income to buy an increasing number of shares every month.
“The more members we get to join Rangers First the faster we grow and the bigger our shareholding becomes
As the crisis deepens, the South African-based businessman is expected by many to call for an egm later this week in a bid to rout the current board at a shareholders’ vote.
Newcastle owner Mike Ashley, meanwhile, may yet be prepared to make a rival offer after previously handing over £3m to keep the club afloat through November and December.
A close source said last night: “The cash situation remains critical and because of this a decision had been expected over the weekend.
“The club is now days away from running out of money completely so there is an urgent necessity to get this funding in place.
“However, the talks with the Douglas Park group are at a very advanced stage and it is expected that an announcement will be made soon.”
posted on 12/1/15
In a statement the Easdale family adviser Jack Irvine said: “Sandy and James repeat again that they will willingly work with Douglas Park’s group for the benefit of the club.”
----
Wtf? Family advisor
If the Easdales want to help the club they can fück off back to Inverclyde.
Is ashleys rival offer another loan? Iexpected him to be planning his exit
posted on 12/1/15
Rangers First is a forkin Ponzi scheme
I wouldn't touch it with a bargepole
posted on 12/1/15
You keep saying sdf, on what basis.
Rangers First is set up and administered by supporters direct. That's why I went with them as I had zero interest in buy rangers as essentially you are giving the RST money to buy shares for themselves, which is fine if you are an RST member I guess
posted on 12/1/15
Rangers First is a donation scheme, you could pump in as much money as you want and if you decide no more or want out you leave with nothing
Im not convinced on any of the current models for fan ownership, however at least if you decide to leave Buy Rangers you are refunded part of your investment in shares
you get something back
im not in any Rangers supporters group of any sort
posted on 12/1/15
That's because it's a community ownership trust sdf. Nothing unusual about that at all. How would you expect it to operate?
It's the same scheme that's been operated in many clubs around the country and they have actually achieved outright fan ownership in many cases. As far as I'm aware the hearts one is also set up by supporters direct and very successful.
Did not know the RST give you shares if you leave. That intact is a concern, how can they negotiate for board representation if half their members leave then all of a sudden their shareholding shrinks massively
posted on 12/1/15
that's its, the amount of $hite that's spread about the RST and particularly Mark Dingwall is why I wouldn't trust Rangers First as far as I could throw them
esp with that Rat Alan Harris involved in the background pulling strings
in the last week RF have tried to sook the root of George Letham after they announced they purchased laxy shares even though he's an RST board member
they then criticised the RST for buying more shares which took then over 1% holding and said that no money was going to club
they had their acolytes snipe and complain about this, only to then do the exact same thing because they cant stand the fact the RST has a bigger shareholding
for me, RF is polluted by diqs who have an egenda against other good bears and for that reason I would trust them
posted on 12/1/15
Well the members can vote them out if they are unhappy with the running of it.
You can't do that with buy rangers as it's the RST members votes that determines what happens.
Where's all this stuff about rangers first criticising people for buying shares?
As a member I will be complaining to them if that's the case
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