Rangers Banter Archive October 16 2013

16 Oct 2013 17:33:43
George here

I said a long time ago that stalling tactics would lead to eventual end game where they all do a Craig Whyte and walk out with us left virtually no money.

Todays walk away by two of these crooks is the start of this.

Sadly if I am right the money situation is going to be nearer £1million NOW.

That is how a Long Firm works. Stall and lie then walk and blame everyone else and leave a maze of paperwork that takes years to go through.

Stockbridge will transfer off whatever he can get away with in the very near future DAYS then post some similar BS like Mather.

As I outlined months ago the 2nd phase of the Rangers Long Firm is near done.

Thankfully I hope we still own Ibrox and Murray Park. I HOPE?

Plus the people coming in - Mr King and Mr P Murray will I think have to write off the THEFT that has happened and leave the mess to be looked at by the authorities, currently investigating Rangers as we are aware.

Let us hope as fans we can by getting them out NOW avoid a 2nd Admin with some HONEST decent men in charge. please remember King GAVE US £20 million these people have STOLEN £40 million, plus Rangers previous regime had our debt down to £18 million if anyone is doubting P Murray or Mr King. I hope when the dust settles and decent men on board other people will invest to help restore our financial position. Mr McColl for one.

Anyway I for one am sad we did next to nothing before now except one group who believed what I said about Long Firm scam. Sons of Struth. rangers fans should applaud Craig and his pals as they were the ONLY PEOPLE that believed me and TOOK ACTION instead of Apathy the rest of the support chose.

Thank you Craig and his pal I met that day.

Yours in a future without crooks. george

A big thanks for your help george

16 Oct 2013 18:46:14
I've said for over a year that Brian Stockbridge will only leave Ibrox when his mission has been accomplished.

That will be the case very shortly.

The Salmon Leap Bear

Well said George I've said since the minute green walked in he was a conman, just didn't have the up and go to do anything about it, that and the fact I work 60 hours nightshift a week, as much as ranngers mean to me putting food on my families table means more to me.

@ George mate who's investigating rangers because I've heard nothing also you say you gave your info to jt but surely this info would have been better handed to somebody like the ch 4 guy also you only post after something happens saying you told us but you've told most of us nothing also surely the national fraud squad would be on somebody case by now

@1 thanks George really the club and shareholders have all lost money because George supposedly had all this proof they wer robbing us but did nothing with it until it was to late who gave you the info George cw or better still are you a rep of cw

I heard that a big tax bill is due in early November (over 3 million pounds), if true to think there enough dough to cover this bill?

Aye well done george, don't see the detractors on now.
anyway speak to you soon just jumped on here to say cheers.

Rangers previous regime had our debt down to £18 million, Lloyds held the purse string and got the debt down

FFS George, give it a rest. You, Craig and his pals have done nothing, Murray and the arrival of King are the ones responsible for the exodus. All you have done is scream and shout BS, accusations, name calling, story after story, and all without a shred of evidence, doom and gloom. what happened to the evidence you claimed to have overseen being passed on to the fraud squad who were salivating over it and the doors being kicked in and immediate arrests. You swore these were going to happen ages ago and lambasted anyone who disagreed as fools when it was you who was the fool. A Walter Mitty living in your own fantasy where you come riding in on your keyboard like the warrior you believe you are and save the day, all hail George, long live George, George is my hero. Only your not, the real heroes are the people who are still working behind the scenes, gathering real evidence, making real progress in putting Rangers back together, not making up fairy stories based on a blog that you read once and failed to fully understand. Keep up the good work George, Keep taking action, keep taking the pills.
CAJLTA.

I don't agree that things are for the better now that the current situation prevails.
The game was lost after Green got our beloved club as preferred bidder.
What he done was not the long firm, but a simple use of the assets.
Look at the re-assessed values in the recent accounts and you will see how he managed to rip off our club.
The share issue helped fund McCoist's extravaganza and assisted in the big trading loss.
I would doubt if, since the accounts were prepared, the property is still intact.
With the exception of Dave King, who due to circumstances could not act, the blame lies with '' Rangers men'' with short arms and deep pockets and their recent actions have deepened the problem.
billyb

@ George.
well said m8, don't listen to all these blue tinted glasses men who just can't see past their nose.
I stated at the beginning of last season I would not go back until the club had been cleansed from top to bottom. I always stated when Charlie boy came in that Whyte was still involved, But heres a question, Can anyone actually prove HE ISNT?
1 Thing i'm still def convinced of is that I still genuinely believe that Charlie is pulling the Easdale's strings.
1 last thought - Is Ally going to jump into bed with the Easdale's or Stockbridge NOW? because he's jumped into bed with just about everyone TO SAVE HIS OWN A.
(MInd you with a Salary like that, can't say i'm surprised)
Still he's a Gers Man ain't he?

@6 you are quite right about tax bill 3.2m actually big decision weather to pay this or not also wages etc also to be paid I am led to believe not enough to cover this interesting that in accounts they state £2m overdraft facility but no mention who will provide this cash

@12 would any tax bill not also include the 7.6m deferred tax bill mentioned in the accounts?

George, only the Lloyd's bank debt was reduced to £18m (by the Lloyd's managers of the club) but you conveniently forget the £140m debt to 276 creditors. Craig Whyte didn't rack all that up in seven months and that's why SDM sold it to Whyte for £1.
Then the possibility of HMRC winning £48m from EBTs.
So come on George be honest and not like the spivs.

@11>, "can anyone prove he isn't", you've been playing in the same sandpit as George haven't you?.
As it would not be a problem if he was NOT involved, it would only make a difference if he was, do YOU have any proof that he is involved? or is this another conspiracy theory for you and George to fight the big fight with. Go get them boys.
CAJLTA.

See this longfirm s*@$@ george can you give it a rest. its been a story of 1 chancer landing on his feet and passing the cash cow to a mate these guys aren't the cleverest and i'm sure the stunts they have pulled is just standard blatant criminality not a fantasy world of longfirms and master criminals just sheer brazen conmen end of

If this £3m tax bill is true then it's defo administration. There's no way HMRC are getting £3m lol.
WS knew all this was coming when he walked. The only way this club is getting through to next summer is if someone throws away about £14m into it right now.

Honestly the negative factions on here are hilarious.

All I did was come on to say thank you to some people that unlike pseudo intellectuals that are all talk and zero action DID something however stupid some people think it was they actually got off their arses paid out their own pockets for flyers and banners and their protests made the papers and tv news.

Anyone that does not think this helped put pressure on Mather and co is blind or stupid.

I am actually amazed that people can have any negative comments regarding people that want only an honest board and good for Rangers FC.

Why persons like Cajita even bother to troll against their fellow Rangers fans says a lot about his own personal insecurities and guilt for doing nothing at all but talk.

So again cheers and thanks to any bears that did turn up and that did at least try to show these crooks we are not all punchbags and mugs that believe all is rosy in the crooks boardroom.

To the haters and negative people that only seem to be on here to find any area to split hairs or slag off their fellow Rangers fans why don't you go and bitch about another team we do not need you.

Yours as always in Rangers. george

ps to the person saying Long Firm S***E. are you blind what do you think they have just done with the missing money invested it in Rangers long term security? New Stadium?£30 million on players? No it has disappeared. with mountains of paperwork to cover where it has all gone. That is exactly how you run an LF!

@9. I don't follow this, I dip into your site no and again so I may have missed something. But your attitude seems a bit rich, at least George and his merry men have got of their ar@es and at least tried. HH joe

17 Oct 2013 07:32:47
George I agree with much of what you say, but are you really so naive as to swallow the spin that the previous regime had "the debt" down to 18 mill? That was the debt we owed to ONE creditor, namely Lloyds bank. We also owed another 70 mill plus to other businesses (remember the list produced by D&P, or has fallen out of your filing cabinet?) and btw that doesn't include any amount we may or may not have owed HMRC. So don't give us this bs rosy picture about p murray. And to call king "HONEST" in capital letters is beneath a joke mate, he might be the best thing going for us just now but he's no saint.

George - business's are sold for what they are worth

SDM got £1 for Rangers because

1 £18,000,000 in debt to the bank

2 Aprox £26,000,000 to other creditors (refer to the creditors list on admin/liquiation)

3 Income streams not covering the excessive cost base - no way of clearing the outstanding liabilities - only slipping further into debt.

The finances of the original club/company were a basket case, supported by easy credit from BOS though MIM.

Add in the EBT scandal with a further potential of aprox £60,000,000 including penalties and interest - you will see why there was no queue of buyers

Lloyds took one look at the situation and demanded quick action - or they would start seizing assets from the main group (MIM) to reduce their exposure.
The reason that Rangers were seen as the obvious choice for disposal is that no business model that would be acceptable to the customer base (the bears) would ever have a chance of making money - or breaking even

In real terms, if a severe cost cutting regime were introduced, the stands would empty
This model still haunts all of the folk who have been involved since the £1 sale.
They fear a losing team more than possible financial collapse - after all, companies are expendable, but you have to look after history and tradition contained in the club

Thats where the money pot is

@George - You contradict yourself. You want Dave King back, a convicted tax cheat, but ask for a future without crooks. Make your mind up.

AH 75

You would like to think they would have the common sense to ring fence the money for the tax man.

17 Oct 2013 10:38:39
23. Who knows. A cool �300000 to Mather for walking and Imran Ahmad trying to get his greedy paws on �500000 of Rangers money in court again today.

If we're going into admin I'd love if we did before having to pay out to the likes of Ahmad if he did win his case.

George, about the paper trail, surely all that needs to be checked is where the money went to first after it left Rangers, if it can be shown that it was a legitimate transaction (not necessarily a good one for the club) then where it went to after that is irrelevant (at least in the eyes of the law) as far as Rangers are concerned.
Profiteering in itself is not a crime but if these men have broken the law to do this then I am fully supportive of anyone who can prove this and bring the full weight of the courts down upon them.
Let us wait for the new directors to get in place and see if they can shed some inside light as to what actually happened and maybe then we will get the answer as to whether or not there could be further action required. they may decide to just move forward and try and rebuild the club without dragging up the dirt of the past.
The most important thing is that Rangers continue to grow and I believe with the involvement of King and hopefully others that is what will happen, King may have a checkered past but I do not think for one second that he would endanger the club he has supported all his life. He has proven in the past his commitment to the club and I believe he will prove it again.
As for the troll against their fellow Rangers fans comment, grow up, I'm offering my opinion, my comments, nothing more, I have no guilt for supporting Rangers and no insecurities (not about the club anyway). Let's just agree to disagree.
CAJLTA.

Another post the sons of struth and their nonsense have hijacked. Please just go back to your social networking site and stop on this page. Please!

Cajita agree we seem to disagree but honestly if you know what I know about the scam that has been done to us you would agree mostly about what I am on about. If we had met at Ibrox you would understand, I take it you notice the 10 original bears on here don't seem to ever say I am talking S***E? There is a reason for that.

The only reason I have ranted on and on is the fear the 2nd Admin happened with NOTHING being done. I tried to warn exactly the scam CW was up to as it happened (EDs know this as they kept blocking me), and seeing it happen then we went into Admin and worse liquidation was for me heartbreaking I ended u[p depressed about the whole thing.

As a result I was not prepared to sit in London typing my thoughts on the internet, I finally snapped and did what I thought was the right thing to do.

I believe the SoS boys have at the least let the average fan know weekly what these persons are up to.

Without people protesting, like the CW first Admin it could happen again and still might.

The fact that these protestors have kept the crooks in the news weekly and supported the people like P Murray and King must at the very least have helped oust the crooks as they are leaving in ones and twos hopefly next in threes smiles.

Lastly I agree King might not be the perfect whiter than whyte saviour we all want but he is a proven lover and giver to Rangers not a hater and taker like EVERY ONE of recent board members, that fact alone is for me good enough. Add to that the fact he has been warning us for ages about these persons. P Murray I agree some of you are right part of the old regime and okay there were other areas of financial concern like BTC and off shore wage tax 'scheme/scam' lafs, but these have fallen by the wayside and the BANK debt was lowered from £30million plus to around £18million and manageable (a run like Celtics in CL and we would be in positve finances, mind Admin and Liquidation DUE SOLELY to CWs non payment of tax), as such again due to his warning against Whyte I feel P Murray deserves credit and a degree of trust.

We all must surely agree that a King/Murray/McColl set up would be vastly better than any connections to Whyte/Green/Mather/Stockbridge?Ahmad.

I honestly have not made my mind up on the Easdales as they have played a clever game cards close to their chests. My personal belief is if you have been punished and served your time you should be given a chance. this surely must apply to the Easdales if we are going to give King the benefit of the doubt.

I can only hope that the future is brighter just getting rid of ANY links to Whyte/Green/Mather they have been a cancer for Rangers finances and the worst period of bad PR in Rangers history, how tired are we all reading story after story slagging our club off, I actually dread clicking on DR web site now expecting more front page crap when I used to ONLY ever buy the DR for back pages (it was always full of drivel apart from sports pages)

george {The Ed039's Note - Nobody has tried to block you George, trust me if I wanted to block you then I would, you keep saying, if you know what I know .............. then enlighten us)

Ed I have been getting on no problem last few months mate but the 9 months before that I was blocked most of the time for names I listed and accusations I made. george Again I have to express I will not reveal names I know on here as the Police have them that is good enough for me as naming on here only serves to warn the crooks beforehand stupid with a potential arrest and hopefly jail I would throw a party at the Louden if CW gets the jail. {The Ed039's Note - Never been in the boozer in my life and I am from Shettleston)

I thought the Louden was still closed and everyone was drinking in the Bristol?.
Anyway I believe anything the police knows, the press knows, this is always how it's been, no-one can keep a secret. If the press knows they publish unless the proof is weak or non existent, If the police know they charge/arrest unless it is the issue of proof/evidence again. If you have no interest in telling us what you know then why tell us anything at all and leave yourself wide open for the criticism you get, surely you should just be happy and contented that you have informed the authorities and await the outcome rather than jumping on here to tell everyone that you have done something great but can't tell us what it is. You claim that it would be stupid to name the people you are accusing but admit that it was for this very attempt that you were being blocked by this site, considering that most of us already know the big players in what you claim is going on and the fact that you have continued to put forward how their scam (longform, I think that's what you are calling it) operates then I'm sure anyone who is involved could easily figure out that it is them you are referring to, so to not name them is as pointless as not naming them if there is no proof. I will acknowledge though that I have seen the piece on SOS in the media and wish them well in whatever they can accomplish. So ED039, I hope your doing your boozing in The Marquis then. {The Ed039's Note - I live in Fort William now so no, its the Town Tavern now when I visit home because Deans shut down)

Town Tavern's not the same since George (not that one) left. {The Ed039's Note - I like the Tavern, used to go so a band called The Black Triangles every Sunday night, they were really good at Pink Floyd covers)

Know the drummer Raymond, used to work with him, it's him and his brothers, there are quite good, I see that Rangers Business Alliance has held it's first meeting this morning, I can't help wondering if any of the guest speakers were tempted to offer what's left of the current board advice on how to run a business correctly.

16 Oct 2013 13:28:18
Afternoon Bears
I posted a few weeks ago regarding plans which were afoot to make us a force again in Scotland and in Europe on our return to the top flight. Some were cynical but pieces of the story were made public following the revelations that Dave King was on the verge of returning and was prepared to provide funding (This would not be the only source of additional funding - the aim is to have Rangers appearing regulary in the latter stages of the Champions league). Watch out for more details in the medium term future on this but firstly we will have to negotiate a few more icebergs. By that I mean Craig Whyte, who will be back on the scene looking for his piece of the action like the rest of the spivs. We have to fasten our seatbelts as things are going to get worse before they get better.

Jim {The Ed039's Note - The Champions League?? Come on that old chestnut again. I would be happy with the Premiership and Europa League again, alot of folk looking to run before we can even walk properly again)

Jim I love your optimism but you have a long way to go before you are even in the qualifying stages of the CL.
With Ally incharge you can hardly string a couple of wins together in the domestic cup games what is going to make you so much better in the CL.

Ian

16 Oct 2013 15:49:59
Well said ED. Rangers in the latter stages of the Champions League regularly?

That never happened when we had a top manager in charge funded by SDM's borrowed millions from the BOS.

Maybe the poster should have a look at Man City's results in Europe since the 2nd richest man on the planet stepped in as their sugar daddy using the cream of the world's available talent with some of Europe's highest rated coaches rather than a man whose best run in a cup is reaching this year's Ramsden's semis.

Optimism is fine but blind optimism when we need a dose of sharp reality? No thanks.

The guy from man city is no where near being the second richest man on this planet, the Queen alone has 30 trillion worth of land and she is also no-where near.

Was it not Murray's intention to be in the latter stages of the Champions League-- look where that ended

Op it will take time but we will get there eventualy of that I have no doubt

What does it matter @3 there's not many teams out there better off than Man City. The truth is were lucky if we have one player of CL quality at the moment. I could to care about that anyway. Il be the happiest man on the planet the next time Rangers beat Celtic that is all I wasn't to see again nothing more nothing less.

Larky Bear

Ok Larky I bit who is the one CL quality player we're lucky enough to have at the moment? My Guess is Lee Wallace

The term "CL quality" is ridiculous. What is that? A player is CL quality if his team are playing in it, simple as that. There are teams I've never even heard of before now in the CL this season, so do they have no CL quality players despite being in it? Nonsense analogy, the term makes no sense.

16 Oct 2013 08:14:08
The Company announces that, by mutual consent, the Chief Executive, Craig Mather, has resigned from the Company with immediate effect. The Company also announces that Non-Executive Director Bryan Smart has resigned from the board with immediate effect. The Directors would like to thank both Craig and Bryan for their contributions to the Club.



As a matter of priority, the Company, working with its advisers, will now seek to strengthen the Board, both to meet the standards required for an AIM company, and to achieve stability through a consensus amongst major shareholders, which can then be considered by all shareholders at the Annual General Meeting.

Thats another 2 down? how many left now? Funny how Mathers resigned doing such a"great job" his words, you would think he would stay as he has Ally's full backing etc?still a lot twists in this saga to go I think, mainly becuase the one's who have walked still own millions of cheap shares? so have a large control in what's to happen.

And still the Ally haters continue - what agenda do they have? And who are they?

MC

Still noticed our finace man is still in charge must be to spend what cash we have left all jumping ship before there forced comes to mind

16 Oct 2013 10:11:58
2. Ally haters? The poster just mentioned the fact that Ally backed a board member who just about every fan I know wanted out. Why does that make him a 'hater'?

Get a grip.

Send the highest paid doorman out to welcome the next spiv onto the board.

Stockbridge must go next were getting rid of them one by one

Why does it say "by mutual consent"?
usually it's a manager that leaves that way, not the ceo. also, did mather receive a golden handshake?
dh {The Ed039's Note - The CEO reports to the board of directors, and what is left of the board must have come to an agreement with Mather to leave ..... mutual consent. Golden Handshake, probably, that will be how he gets his investment back but you probably wont know for sure/how much until the next set of accounts)

Mutual consent suggests he was sacked for being too soft. Looks like the owners will be putting in hard men to sort out P Murray nuisances.

4. )? Why mention Ally at all? Ally is an employee - ffs. What do you want him to say.

Ally haters really do annoy me.

MC

Do not know how many directors are left - Stockbridge +?

If he goes who will run the club? The office manager?

I think there may be an Extraordinary AGM called shortly.

Stockbridge must not be allowed to resign, he must stay until the new board is in place to explain where the cash trail is and then his @ss should be sacked with no payoff

JG

11. )?

Disagree slightly. I think we should capture him before he goes and bring in the polis to dust his ass!

In all seriousness - I would want to see a complete investigation from top to bottom at The Famous Glasgow Rangers and ensure that no stone is left unturned. Once the investigation is complete it can be handed over to the police for further investigation, if need be. I would also like processes to be put in place to be followed to ensure that nothing, of the like, ever happens at Rangers again.

Q. Could the fans ever take over at Rangers or are we just too big?

Re 7. Ed you suggested mather would probably have got a golden handshake to get his investment back do you think that will be another £1m out the remaining bank balance? {The Ed039's Note - I doubt that much, but his salary to date and any potential pay off would no be insignificant)

@12 you are probably going to find that although payments were way over the top technically they were probably legal and properly contracted payments that were made

Green and co were many things but I don't think they were stupid enough to make illegal payments to themselves or others so there will be no police involvement

As for the fans taking over, 30M would be required at todays prices and existing shareholders would have to be willing to sell out, I have started the ball rolling for us by buying more shares this morning though

JG

16 Oct 2013 13:07:09
@BlueDuster

No club is too big or too small to be fan owned.

Dunfermline who get only a couple of thousand fans at home games have just come out of admin and are now going to be fan owned. Why was this never a possibility for Rangers when we went into admin?

Where is the vision for our great club?

If Barca who play to over 90,000 at home games and have a worldwide fan base thet dwarves Rangers can be fan owned then don't listen to any fool who says Rangers are too big to be fan owned.

14.?

Is that how a fans buyout would start, by you buying shares on your own?

I am talking about a constructive, diligent and open discussion about a London Stock Exchange driven buyout.

How would we go about that? ed? {The Ed039's Note - You would need a figure head who would represent everyone in the open, ie a Jim McColl, you would need to show the money and funding is in place and most importantly you would need the shareholders to have a willingness to sell their shares, which wouldnt really be an issue if the appropriate amount of money was in place)

I don't doubt that a golden handshake has been agreed - and paid (he would not leave without the cash in his pocket)

Where does that leave the cash flow projection for April next year?

Will Stockbridge also have his pockets filled for his services before walking away {The Ed039's Note - Indeed he would)

@16 feel free to join in and keep the ball rolling then,

it stands to reason that the more shares held by the fans, the better and easier it would be to start your coordinated buyout, no?

JG

N12 I think people will be getting interviewed under caution once the bdo people are finished with the investigation the sooner the better eh

16 Oct 2013 07:57:11
craig mather resigns as chief exec good news at last

He still doesn't get it - His comments“Unlike most football clubs Rangers has money in the bank, no borrowings"

Unlike most clubs we've gone bust, left a lot of creditors as well as HMRC severely out of pocket, formed a new company and taken in £30m from shareholders and the forecast is that next April well have 1 m left.

No thanks to him, he's burning shareholders cash like its going out of fashion - severance package to Green, overnight stays at Turnbery on way to Stranraer and who knows what else

Wonder how much he took as his severence package!