July 25, 2013 · 8:25 am
There are two sides to every story. The first side I detailed in my earlier guest post “Football Is Worth Defending”. This is the second side, in defence of Rangers. This post is not an analysis of Rangers i.e. it is not an attempt to critique what is good and bad about Rangers. Instead, like my previous post, it is one-sided but with one simple condition: if I had to write down what is good about Rangers what would I say? Here it is.
What has Rangers contributed to the world of football? In reality, a great deal. To begin with, Rangers has given us players of sublime ability that could only have come from the Gods. Legends such as Bob McPhail, Jim Baxter, Willie Henderson, Davie Cooper, Ian Durrant, Ally McCoist, Paul Gascoigne and Andy Goram easily trip off the tongue; and then there is John Greig: their captain who played with his heart in one hand and his opponents testicles in the other. Continue reading →
July 19, 2013 · 11:21 am
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Good morning all!
The Rangers International Football Club PLC share price, having sat at around 54 or 55p per share for months, plunged this week to just over 40p. Does this actually matter? Not directly, as I will explain, but it cannot be ignored by those with an investment (personal or financial) in the company which owns the company which owns the assets and business of the football club.
It does not affect Rangers directly. Mr Green’s proud boast that RIFC was not funded by debt, sorry, “external debt” means that the shares are not mortgaged as security for loans or overdrafts. RIFC already has the cash/proceeds of the share sale. It makes nothing from public trading of issued shares. In that direct regard therefore the drop in price is meaningless.
Continue reading →
Filed under Rangers
Tagged as AIM, Rangers, Shares
May 13, 2013 · 1:25 pm
Ecojon posted this as a comment, but I think it is worth a full post, as I sit here watching the rain batter down against the windows of Paisley Sheriff Court.
Take it away Ecojon!
BOMBSHELL documents show how outraged Rangers directors accused chairman Malcolm Murray of spilling sensitive information on the club.
It would appear that the smear campaign to force Malcolm Murray out the door continues apace. What is particularly fascinating is that he is accused of ‘leaking’ by someone presumably very close to the Rangers International Board who has leaked the board minutes. A leaker leaked on the alleged leaker so to speak
But the real bombshell in the leaked minute is the involvement of the SFA in the private affairs of one of its member clubs. The Rangers board minute stated: ‘The SFA mentioned to the acting chief executive (Craig Mather) that the Rangers board situation needed addressing as the SFA understood information was leaking from the chairman’. Continue reading →
February 9, 2013 · 2:15 pm
Bill McMurdo, the well-known, prolific and always interesting blogger on Rangers-related issues, wrote a blog post which prompted me to post a comment on his blog.
He was good enough to publish it, notwithstanding his openly-stated comments policy:-
“Only supportive comments will be approved. This is not because I cannot take criticism but because those who disagree with me abused the privilege allowed them here of saying so.”
It provoked some questions from his commenters, and I now see a whole blog post!
Rather than clutter up Mr McMurdo’s comments thread with my brief reply, I thought I would do so here. Continue reading →
February 3, 2013 · 12:00 pm
Edgar Blamm is one of the regular commenters on the blog and a prolific twitterer. He has kindly sent me some thoughts regarding an issue of concern to him and one which he felt had never been satisfactorily explained. I will leave you with Edgar and his researches, and I have an addition to post myself at the end of the post.
I hate to rake at dead fires, but the Rangers/STV commercial partnership issue has never, to my mind, been adequately explained, so I thought I’d share the fruits of my own investigative labours. I can’t quote put my finger on what’s happening, and I simply don’t have the clout to see this through, but there’s something very fishy about the whole deal.
Anyway, I’m sure you remember the notorious commercial partnership between oldco Rangers and STV that raised eyebrows around this time last year. Roy Greenslade at the Guardian wrote a piece about it; The Drum covered it too.
Many media outlets simply regurgitated the press release that had initially heralded the partnership and yet the deal was subsequently rubbished by STV reporters on Twitter who, apparently under instruction from their superiors (who themselves said nothing on record), vehemently denied that any partnership had existed. Continue reading →