Rangers: Murray says no interest, bank says otherwise
Well, it may be the opposite of what Derek Johnston has been telling the people, maybe Sir David Murray is just being coy but he isn’t bigging up a quick sale of Rangers is he?
So whilst Murray be saying there is no interest, that is not what Lloyds are saying. Every day, another £8,000 is due to the bank from Rangers debt. That is the sort of interest the bank are interested in and is this why some Celtic fans are quoting “another day, another 8k” on a daily basis.
With the January window ready to creak open, is there any hope for Rangers apart from shipping out every sellable asset (leaving them with Kirk Broadfoot)?
The latest wave of public support is falling behind the Florida billionaire millionaire Graeme Duffy, who is looking to imitate the members model used by Barcelona and other European clubs.
For starters, there are many differences between how they clubs are run. Yes, there is a fan membership scheme but it is not these members who bankroll Barcelona’s high spending or wage bill.
No, the members vote in the people with power and money, they don’t really run the club themselves. Technically, the power to vote in or out these people means there is an element of control but it is not the same as a true fan-led ownership.
Duffy’s plans (if successful) would bring £45m to Ibrox but when debts are in excess of £30m and operating costs are so high, is this going to be enough? All the talk of a buyer coming in is focused on clearing out the debt and clearing the decks, there doesn’t appear to be much talk of buying players or progressing.
The reason to apply the (if successful) remark is because the last Rangers share option was an unmitigated disaster with Rangers fans not really caring about the plight of their club. Some will say it was because they didn’t want to line Murray’s pockets but they failed their club that time around.
There is an old saying that without hope we are nothing and Rangers fans are obviously looking for hope in any way that they can. Given that the media reports in Scotland between the Murray party line and a completely opposite stance, it is hard to say what is true or not.
Probably somewhere in between.
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for every pound the micks put in the gers supporters will put in a fiver wisen up you lot in the press make me sick
Thanks for that Alan.
History certainly doesn’t suggest that with the Rangers fans ignoring the share issue the last time around.
However, with the opportunity of Sir David Murray being out of the way, perhaps the Rangers fans will come to their clubs aid.
Its a tricky economic time at the moment but Rangers need something to happen.
The last share option was a disaster for Rangers? It was because Murray severely limited the amount you could buy so as not to overly dilute his influence.
Thanks Al.
Was that the case?
There was about £1m taken up by the general public wasn’t there with Murray underwriting the rest?
If so, the Graeme Duffy led proposal may be a potential lifeline.
Do you think the Duffy proposal is a goer for Rangers?