Rangers Rumours Archive June 20 2012

20 Jun 2012 22:07:23
Rumour coming up tonight from London. Might be wind up tho' I'd say 50/50, that scale model company have made two scaled models named eye1 and eye2 of the same development. This is not unusual as they make numerous models as options for the same sites. These are used on boardroom tables to get backers on board or to help brief council planners.
Due to Ibrox being on telly, one designer remarked that the facade that was on a building in the centre of both models looked like Ibrox off the telly. Rumour models made for London client not Scottish.

Eye right!

Subbuteo Xmas edition

Why would that be so surprising? The 'listed' element of the Main stand is the tiled 'Rangers FC' part of the facade. It is entirely possible to build flats, hotel or whatever at Ibrox Stadium. Remember there is a Super-hospital currently being constructed in Govan which will regenerate the whole area and introduce the need for additional housing, hotel(s), facilities to cater for the massive amounts of staff and relatives of patients etc (coming from all over). Planning permission has already been granted in some form for Ibrox, Albion Car Park and surrounding areas so it's ripe for property development.

20 Jun 2012 19:07:16
BBC Scotland news has said that
there is a new 11 million pound
bid for Rangers. here we go again !!

I wouldn't get too excited guys. BB

This might be what your talking about:

20 Jun 2012 19:10:19
Housebuilders and property developers Allan Stewart and Stephen McKenna plan to bid about £11m for Newco Rangers.

The company Aleftav Ltd will be the purchase vehicle.

The company was incorporated on 2 August 2010 under the name of Payment Protection Rebates Ltd. On 28 February 2011 it changed it's name to Alefta Ltd and on 10 February 2012 changed it's name to Aleftav Ltd.

Stewart and McKenna are the only two listed Directors. The company does not appear to have a trading history and is therefore a "clean" company, with cash of bank of £2 in the last set of accounts for the period ending 31/08/2011.

K-Dot. {Ed007's Note - Allan Stewart was banned from being a company director for seven years during the 1990s. And I would be amazed if both of them have that sort of money between, the money will be coming from a third party. Allen Stewart used to be called Allen Stewart Bulloch, look up Grampian Glazing and also a certain Mr Purcell from GCC connection to Stewart (Bulloch).} {Ed001's Note - this is reminiscent of the trouble Portsmouth have had.}

Alan stewart is a craig whyte has been banned for 7 years as a company director, allegedly, am timmy tim,but FFS,google them.

Just coincidence the Motherwell address. Fit and proper? Ringing any bells closer at hand? How do Rangers attract these entrepreneurs?

Stephen McKenna is a massive Celtic fan I know him well, Property developer Stephen McKenna paid £15,000 at a Phil O'Donnell fundraising dinner last Friday to play alongside his heroes for part of the game.He played for 15 minutes before the ultimate high - being replaced by Larsson.

Sorry guys but Ibrox will soon be flats the Façade will be the only reminder of rangers

Another lot looking to make a fast buck. They would spend money then hand it back to the fans in 3 years dont make me laugh.

And Mckennas been a director in 45 businesses...35 dissolved . Got to be a ploy to drive the fans to Green...This pair make Whyte look like a saint .

The circus is in town!

Stephen McKenna and Allan Stewart say they have been "involved" in the process at the Ibrox club for the last three months, but are not making an "immediate" bid.

Mr McKenna told STV: "[Launching a bid] is not the immediate case, it’s private just now."

Asked whether he and Mr Stewart are expecting to lodge an £11m bid for the newco club, Mr McKenna responded: "We are working on private information and we have been involved in the process throughout the last three months. I can’t say anything just now.

"When the time is right we will speak."

They've been working behind the scenes with Whytes appointed D&P for over 3 months.

Portsmouth's problems were that successive defaults on loans meant that the club went through a few owners. This is a little different unless of course these two jokers have lent money to Green already.

They've not got that much money allegedly survived bankruptcy by the skin of their teeth last year, bigger liars than Whyte.

With this fan base......not buying tickets and not wanting Green, £11m is exactly double his money for 6 weeks work. He'd grab that right now.

Good point Ed, this does seem to be very much in the mould of Portsmouth. Even the monetary figures which we are talking about seems to be to 'coincidental'.
- Aleftav Ltd - £2 in the Bank - the same amount of money which Sevco alleged to pay Craig Whyte for control of the club.
- Duff and Phelps - Final Bill - according to reports to be in the region of £5m - similiar amount of money which was paid for Rangers assets by the Sevco Consortium.
- Aleftav - £11m bid for Rangers - double the amount which Sevco paid for control of the club.

Here we go agiain more ducking a diving when is this going to end

It's Whyte FFS!

And what conjuring trick will these guys (or Whyte if it is him again) use to get £11m this time?

The circus is in town!.........................

LMAO, now that was funny, you have to laugh this whole farce is becoming almost surreal. What next, Charles Green peels back mask and is David Icke.

Anorak.

Check Allan Bullochs criminal past went through a trial for passing forged money

20 Jun 2012 18:32:15
£11 million bid for Rangers from property developers Stewart & McKenna.

Houses planned for Ibrox, Murray Park & Albion car park?

Just GOOGLE these guys Stewart and Mckenna Ltd Says it All !! Here we go again !!!

Murray park CANNOT have houses built on it, it must revert back to original use. What is more likely is that the SFA will buy it and use it as a national training ground

And guess what? Stewart & Mckenna went belly up in 2010 because of Tax problems!!

What is it that draws tax defaulters to Rangers?

Get these people away ASAP.

Getting really worried now - I am coming to the view that there may be no future at all.

Good Luck, Good Bears

Gerry

I have dealt wae this mob through ma work and if you think mr whyte wiz bad then we would be living the nightmare all over again 10 fold.

Stewart was banned in1990 from being a company director , shadey guy. google him!!

After 3 years they want the fans to run the club

Mckenna is a celtic man holds season tickets has done for years also paid 15k to play at parkhead testamonial

I think its been stated on here before that Murray Park can't have houses built on it for a good number of years......total S**t

I'm sure this has been meantioned before, however for those that believe that Ibrox and Murry Park can be used for anything else but its current use are incorrect. Ibrox is main stand is a listed building and Murray Park planning condition was given on the premise that it was not be used for housing.

Stewart McKenna are building commonwealth stadium, sell rangers assists hire out commonwealth stadium? It's a worrying development!

Murray park can be changed to anything the buyer wants. All they need to do is fill out a few forms & apply to make the change !

Oh dear

Just because the current land use plan states that Murray Park cannot have houses on it, doesn't mean it will always be so. Councils review their land use plans every 10 years or so and can change should a good plan be put to them for an alternative use for any land designated as 'not for building on'. I bought my house 10 years ago and had a lovely clear view over the A9 to the Ochils and with land designated behind me as 'for enviromental development and tree planting', I assumed my view would remain unbroken. Now, there's 14 bloody big houses blocking out the view and the sunlight... If a developer buys Murray Park and persuades the council that it would benefit from having a pile of houses on it, guess what, there may very well end up being houses there...

Any one in the construction development industry will tell you these are not insurmountable problems. Only the main façade is listed at Ibrox and Planning conditions are barely worth the paper they're printed on.

Paul F#rris and B@shar al Assad the Syrian president are contemplating a bid, Scottish Water looking to convert Murray Park to a reservoir (it was a washoot anyway only a couple o decent players came oot it)

Not looking good McKenna is a huge Celtic fan. Spoke to some1 at 5s to night who nearly chocked when asked him about McKenna he has had dealings with him in the past on property developments. If they get us it really could be doomsday. These guys could show Whyte a trick or 2 apparently.

I assume this is some kind of CG veiled threat to the fans, if they don't buy season tickets. Or its only a rumour.

Anorak.

20 Jun 2012 14:43:53
Heard a rumour, rangers going to 3rd division, green will sell ibrox, rent hampden out then apply to rent new commonwealth stadium 2015.

So he's planning to increase attendances to fill all these large stadiums whilst playing in D3?

Yeah, right. stay off the glue mate.

Tesco for ibrox watch this space

What a lot of rubbish, get your facts right, hampden is where the commonwealth games will be held not a new stadium, move on timmy, next, andygers74

What new commonwealth stadium ? they are using hampden for games ....

That does not make any sense....3rd div maybe but the rest not buying that one.

Who is going to buy ibrox?? no-one!

I can see "the Rangers Football Club" not being up and running in time for the start of the new season, they still have to register all the new players, arrange the licence, arrange the naming of the club, etc etc I think they are going to be forced to take a season OUT and get everything up an running in time for the start of the following season and hope that supporters will again follow follow the club formerly know as Glasgow rangers footballl club....whats your thoughts ED:? bill {Ed001's Note - it is going to be difficult, but it is still possible, registering the players would take moments. It is a simple fax of paperwork. It is certainly going to be close.}

Hampden IS the 2014 commonwealth games stadium ya tube. PS Lizzie will open the games at Celtic Park ha ha ha Andy cfc

Why rent out hampden and give the sfa money

Wheres the commonwealth stadium

The commonwealth stadium is Hampden

How do people come up with stuff like this

What new Commonwealth Stadium,Hamden is being used.

What commonwealth stadium? graeme

Eh hate to tell you but there is no commonwealth stadium, they are using Hampden and Celtic Park, fancy any of those?
CBP

Bit of a problem there.... isn't Hampden the Commonwealth Games stadium (the main outdoor one, for athlestics etc)

Where is the New Commonwealth Stadium ? Celtic Park is being used for Opening /Closing Ceremony.

Not very likely.

Nice rumour. Wont happen though.

Glasgow land developers interested in Ibrox. Have been for 3 months. In contact with Green and D&P.

Are they not building common wealth games stadium across from Celtic park? On KDS?

Why rent out hampden and give the sfa money?

Is Hampden not owned by Queens Park?

Why does the OP have to be a 'timmy'? Could have been a Rangers fan who doesn't know about the stadium situation for the games. Easier to attack Celtic fans though, eh?

To the poster who said telcos for ibrox, why tell lies u idiot, telco's is getting in the ibrox area alright its where the flats are getting knocked down at paisley road/shieldhall rd. sorry to burst ur bubble

Think they;re building a velodrome opposite Parkhead.

It's never been "Glasgow Rangers football club"

20 Jun 2012 10:45:53
Rumour that in just over a week, Salary bill with players on 100% salaries for being on holidays and 180 others at Ibrox and Newco having all the utilities bills, that redundancies will be announced. July bills will be same.

So you knew about this before the staff, Media and others, I smell a little lie

The new co has no staff. The Old co is being liquidated so i'd expect everyone to be out of a job.

Don't think that is a rumour, it's simple economics, no money coming in but still going out. I believe there are more vultures waiting for their turn on the corpse. Green will be forced to sell assets to keep going or sell everything to any interested party. Don't believe we will even be in the SFL never mind the SPL next season.

No consultation has been had with any of the employees to transfer to Newco, so writing on the wall for redundancies, the cost of which remains with OldCo.

To be fair, D&P should have done this back in February as it's normal for redundancies to be the fist port of call in administration. Not fair on non playing staff because the sale of club and Green's statements about saving £7m a year by not competing in Europe probably confused expectations about job security.

He needs the season ticket money in by end of June to fund July. He's also hoping to find £30m by end of July to fund start of season.

Not a complicated business model, just unreaslistic.

And your point.

This is like a monty python sketch

dead parrot included

bil72

Wonder if Ticketus are providing him with any funding. If not, he'd be the first owner who hadn't (even Blue Knights had a deal with them in the beginning)

There is £10M a year shortfall, of course there will be cuts and sales (if we have any players).

What did any of you expect? To start off again in the SPL with the same players on the same wages and the same annual shortfall.... come on seriously its pretty obvious what is coming.

To the guy who said no consultation with staff who told you that the coach i know was at a meeting last week all their jobs to be transfered over so who did you speak to

I the newco makes one single person redundant then they strengthen the case for the players being able to walk for free. if they fail to transfer a single contract then why shouldn't the players do the same?

Did you expect anything else?

The players will get a bit of a shock, i think, when they go to the cashpoint at the end of the month.

Green has that in his budget (Wages for June). Players leaving in July. This is not news. What he has NOT budgeted for is if the SPL entry vote doesn't get passed.

The cost of redundancies definitely does not lie with the OldCo. As already well documented all employees transfer under TUPE (2006) to the newco. This includes terms & conditions, length of service, salary and all other liabilities. If, as suggested, appropriate consultation has not been carried out then any affected employees or groups can apply and will be granted an additional financial award against the Rangers newco. Whilst corporate law allows Rangers to walk away from all their troubles and responsibilities, employment law does not.
CBP

"To the guy who said no consultation with staff who told you that the coach i know was at a meeting last week all their jobs to be transfered over so who did you speak to"

Staff meeting isn't a Formal Consultation you muppet.

Wishart issued this statement last week,

"TUPE also places a legal obligation on both the existing company and the newco to formally consult with the union/its members over a proposed transfer. Accordingly, PFA Scotland now looks forward to hearing from Mr Green and being furnished with information regarding the proposed transfer together with details of his plans for the future of the club."

Green has issued a statement today which basically confirms he hasn't consulted and will be "speaking" to everyone at end of June.

Charles Green says he and Ally McCoist will meet players next week to clarify contract situation.

Source: BBC and RFC website

He budgetted for June wages but not July.
He budgetted for selling players and using the money for July and August wages and operational costs.
When the players walk on transfer window openning, the jiggy is up!

All employees are under TUPE. Will transfer to new company is THEY want to with current terms and conditions. NewCo will have to fund any redundancy

CBP, exception is where it's a liquidation scenario. No automatic transfer of T&Cs and no right to compensation/payment from liquidated company. No claim against Newco either as the transfer has not occurred. The grey area is whether RFC can be treated as "to be liquidated" in terms of employment law or whether the intention to shortly liquidate them is enough to treat them as already in liquidation.

Green will try and push them into it before fifa makes their ruling probably use this months wages as blackmail

Dundee Utd reporting season ticket pre-sales down 60% for same time last year - fan power in action.

If no-one pays for season tickets - green sunk

If all players leave green has no big wage bills, but lots of small ones for non players and is sunk as no tranfer income


if some players stay - green has to pay them - then can sell then and get transfer money to pay others... and live day to day by selling cream of the crop in this fashion... ie he is sunk

hard to see how he makes money - yes he has temporary hold of assets worth £50mill but whats the upkeep cost of holding on to those - given BDO when in power could ask/legally acquire them back for 0p

Players will not get June payments unless they sign sevco5088 contracts. Green will use the opportunity to sign them up on longer contracts for cheaper. Hell then sell whoever signs up.
Oldco will get the blame for not paying June wages to players who don't sign up.
Green's excuse: I can't pay you unless your contracted to my company!

He wants to sell three or 4 players and bring in £10m. But they can all walk, no doubt about it.

19 Jun 2012 23:22:33
Heres what I'm thinking, if we go down a division accept the transfer ban for 1 year, sell the best player, amek it work with what we have, we can get up to the SPL in 2013 with a clean sheet, tis the best option.

But if fans dont invest we will fall further behind and the job of getting back up will take much longer!

Heres what Im thinking. Dead rangers took sfa to court against UEFA regs. So take whats coming next. Do you really believe you can have made to measure punishments ? Rangers are finished. Zombie rangers will be comedy gold.

So now you willaccept the banned yet when it was handed out it was totally unjust. it could have been easy but with all your fans upraor they challlenged it and now harder punishment is on the way. and what you just mentioned is why ppl want punishment on yous because you are thinking like your board members, run up so much debt and then just fold and start over, so you better not come back on hear and say how can the punish us when you just said or revealed thier plan. and that is not enough of a punishment because only max fixing was worse then what yous done, oh and get read for more BAD news that will top all, your legends will come to light for yous once and for all but im sure you will still defend them.

If you take relegation as your punishment, then as soon as you move the SFL you have to be dropped to Division 3 for suffering an Insolvency Event during the close season as that was the punishment handed down to Livingston and upheld by the SFA.

There can be no deals, no bending of the rules, your challenging via the court and outright cheating has ensured that no leniency can be afforded to you

When are other teams fans going to understand that the real rangers fans didn't want our team to fold and wanted rangers to pay debts in full
We just want it sorted out and get on with football

I preferred it when max was broken. I hope you two chuckle brothers are prepared for your team to achieve nothing of note going forward- starting with likely cl elimination in little over a month.

Why didnt the fans invest before when david murray offered a share issue that only managed to raise 1 million?

I was just thinking....spending the next 20 years paying off your debts then you can be allowed back into the league.

What ban have you been given?

Richybhoy

Im afraid you dont get to choose ur punishments and rightfully so. U peepul really take the biscuit!

You have to be dropped to Division 3 for suffering an Insolvency Event during the close season as that was the punishment handed down to Livingston and upheld by the SFA................................................

Livingston was not in the SPL when they became insolvent, different authority.

Anorak.

Im sorry, fundamental flaw in original post... what players are we gonna sell?!

lord nelson

Why didnt the fans invest before when david murray offered a share issue that only managed to raise 1 million?..........

SDM valued Rangers way over the odds and put the share price far too high.
How much are the £2.80 Celtic shares now worth, is it around 0.34p ?

Anorak.

Take the punishment and let us see what happens to Scottish football its been a diddy league for years long before this farce. 3rd division not that bad as long as we can keep a decent amount of supporters. A giant having to rise from lower leagues would interest SKY and they may want to televise a small amount of games so there still could be scope for money. I don't want Rangers to rejoin SPL and help those idiots who run it and other clubs stay afloat with our money. Sporting integrity dont make me laugh if it was about that they would have voted us out ages ago, looks like we are not the only team run by greed.

It doesn't matter what price the Celtic fans shares are valued - because they will never sell them. It was a chance to invest cash to save the club.
Rangers fans had the same chance but passed it up. Somehow I don't think they were out with abacus and the Financial Times worrying about Rangers stock value. It was simply an opportunity to possibly save the club before all this came to light.
Their choice I'm afraid.......kbt1978

Anorak as soon as a club enters the SFL they will be hit with their rules, like Gretna were when they were relegated from the SPL despitr already having the 10 point deduction

Kbt1978...thats the difference between us and Anorak. The fact he even knows how much shares of celtic are worth and i dont, AND I OWN SHARES. They just dont get it do they. I mean the whole idea is to own a part of their " Beloved " NEW club, not if its a sound investment. Mate its pi55ing money away from a financial point of view. But i wouldnt sell mine for 5 times what i paid for them maybe not even 10. I will pass them on to my kids.

Reality check. Only chance of financial survival is an SPL place. Green isn't willing to wait 4 seasons for profitability.

Rangers fans had the same chance but passed it up. Somehow I don't think they were out with abacus and the Financial Times worrying about Rangers stock value. It was simply an opportunity to possibly save the club before all this came to light..............................

The share issue was not an attempt to save the club, it was an attempt to rip off Rangers fans, the amount requested was way beyond the reach of the average supporter.

Anorak.

To be fair Celtic's flotation was open and above board and on a reputable stock exchange. No sane person would have accepted Murry's over priced buy out scheme that left him in control and would have enabled him to siphon of large amounts of money.

Rangers would not have been able to get themselfs in this much trouble if they had been on the same excange as Celtic are as the stringencey of the accounting system would have to have been higher.

Get realistic... if sevco fc go to the 3rd division all players will be sold or released and the youth team used in third do you honestly believe a third division team could pay the wages of the spl especially a team with no money ?? then youll see how many fans turn up to watch the reserves and thats fact