Thread: Official: Bank Is Running Rangers

ferking hell

you guys really DO need the money.

i feel sorry now, come on why dont you join the big boys next year

rangers will have to start with a ten point deduction tho for being in administration

Originally Posted by mrpotatohead

ferking hell

you guys really DO need the money.

i feel sorry now, come on why dont you join the big boys next year

rangers will have to start with a ten point deduction tho for being in administration

You've got yourself a deal, chips for brains.

Originally Posted by Rosco67

You've got yourself a deal, chips for brains.

as long as you can get more than 38k for a midweek game

ps look at OUR crowd for our kids v the mickey mousers on wednesday

Originally Posted by mrpotatohead

as long as you can get more than 38k for a midweek game

ps look at OUR crowd for our kids v the mickey mousers on wednesday

I dont doubt that it'll be a good attendance. Mainly this is due to the fact that these young lads are eager to impress and the standard of your kids is very impressive.

The fans will definitely get entertained.

This thread should go into the Hall of Fame forums

just been catching up on all this and it's making pretty pretty good reading.

The one thing that concerns me is that our board will see this as a reason to stall on spending in January when it's even more imperative than last time round we turn the screw.

if the huns future is uncertain, which to be fair it's probably not, they'll never go under, then our board wont spend to compete against ourselves.

u can only laugh this is great stuff lets hope that we spend a few mill in january and totally bury these rats we missed the chance last season i really cant see us missing out this season

got an email today from FF

Rangers supporters groups unite to slam Lloyds Bank

The three major Rangers fans groups have united to force the bank to stop holding the club's progress to ransom by being unreasonable in the price being asked of the Dave King consortium.

Many fans consider the bank's previous stupidity as a major cause of the current financial crisis engulfing the club and fail to see why Rangers should be held to ransom for their misdeeds.

Having held fire for a number of weeks the crisis has reached such a pitch that the three organisations felt the need to publicly thrown their weight behind the King bid and give clear leadership to the Rangers Family.

Of particular concern is the news that the bank are actively contemplating the sale of the club's training facility and any major player for whom a bid is made.







THURSDAY 29 OCTOBER 2009

JOINT PRESS RELEASE


TIME FOR CHANGE BEFORE IT'S TOO LATE

The Rangers Supporters Assembly, Rangers Worldwide Alliance, Rangers Supporters' Trust and Rangers Supporters Association united today to urge the Lloyds Banking Group and the Murray Group to facilitate the sale of Rangers FC.

Rangers fans have endured unnecessary and damaging uncertainty over the future of the Club and it is now time for this to be resolved. The current situation cannot continue - it is imperative that a change in ownership is completed now.

We welcome recent statements from Lloyds that they are not running the Club and are providing support in difficult times. However, the only meaningful way they can do that in the best interests of Rangers FC and their fans is to help a takeover be completed quickly.

Rangers FC are Scotland's champions, a worldwide brand with fans in all corners of the globe. Many fans are personal and business customers of the Lloyds Banking Group (which now includes Halifax Bank of Scotland). Lloyds must understand that Rangers fans will quickly withdraw business if there is any risk whatsoever of the Club's current situation being worsened by their actions.

On behalf of all Rangers supporters we urge those involved to facilitate a takeover deal quickly, end damaging speculation and engage the wider support in taking Scotland's leading football club forward.



Andy Kerr, President, Rangers Supporters Assembly & Rangers Worldwide Alliance
Stephen Smith, Chairman, Rangers Supporters Trust
John McMillan, General Secretary, Rangers Supporters Association

The Great White Hope ????

The palatial home with its perfectly manicured garden in a wealthy suburb tells a tale of opulence.

The no-nonsense guard at the gate of the Sandhurst, Sandton, mansion and the closed-circuit television cameras on the driveway further testify to the affluence.

These are the trappings of wealth that led the taxman to demand that its owner, businessman David Cunningham King, 47, explain his lifestyle.

King, who handed himself over to the police on Thursday before appearing briefly in the Randburg magistrate's court for an unopposed bail hearing, is accused of 11 charges of defrauding the SA Revenue Service (Sars) of R300-million.

King 'declared minimal income which belies his lavish lifestyle'
According to the charge sheet, King "declared minimal income which belies the lavish lifestyle and assets amassed over that period (between 1990 and 2001)".

On Thursday, he issued a R1-million bank-guaranteed cheque to court officials to secure his freedom.
The state alleges that the former owner of then Premier League Soccer club Amazulu and shareholder of Glasgow Rangers soccer club in Scotland committed tax fraud by not fully declaring his earnings to Sars.

It is alleged that, despite declaring minimal income, he managed to buy his Sandhurst home for R8,4-million in March 1998.

In May 1999 he splashed out R2,1-million on a Ferrari sports car. Two months later he parted with R710Â 000 for a Mercedes-Benz S500.

He splashed out R2,1-million on a Ferrari sports car
On Thursday, only a VW Polo, a VW Golf and a Toyota Tazz could be seen through a maze of hedges at the King home.

King, whom the state says has interests in about 20 companies, allegedly profited by R1-billion when he sold his shares in a Virgin Islands company in 1998.

Sars, which, with the Scorpions special investigations unit, has been probing King, was allegedly not made aware of the windfall.

The Receiver says King also failed to disclose a sum of R100-million in his bank account.

As part of his bail conditions, King has surrendered his British passport to the Scorpions and must report to the police daily.

Now this was a few years ago , but i believe the charges are still piling up , worse than Dodgy Dave by the looks of it