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  1. Super Ally was my hero but the time for boyhood dreams at Ibrox is over Aug 15, 2014 18:20 0 Comments [*] Opinion by Jonathan​McFarlane​ JONNY McFARLANE says that while he has his doubts about the Rangers boss, McCoist will always remain an icon at the club he served so well as a player. Getty Images "This is one of these occasions to roll out the famous quote about statistics being like mini-skirts; they look good, but hide the most important things." AS a young lad, Ally McCoist was my hero and his poster took pride of place on my bedroom wall. Even in a team of world class talents like Gazza and Brian Laudrup, his phenomenal goal-scoring and bubbly personality set him apart. In his playing days, when the chips were down, there was no doubt who would come up with the goods. He always seemed to have the answers. Sadly, as the boss, he doesn’t even seem to grasp the question. It’s difficult to criticise a club legend but there must be a separation of the man and the manager. A Rangers fan could never query the former, but a stark assessment of the latter does not make comfortable reading. With the budget available, Rangers should not only have won these divisions comfortably but done so with style and finesse. The hit and hope strategy of the last two seasons has been a dreary spectacle for a support desperate for entertainment. We should have seen the implementation of an attractive, passing style with the fruits of Murray Park blooded instead of Premiership journeymen like Francisco Sandaza, Dean Shiels and Kevin Kyle. Callum R Moffat/Daily Record Record FC, Rangers blogger Jonny McFarlane Some notable commentators have said that any questioning of the manager’s position after the defeat to Hearts was an overreaction. McCoist has, after all, achieved back to back promotions, last season without a single defeat. This is one of these occasions to roll out the famous quote about statistics being like mini-skirts; they look good, but hide the most important things. Watching the team is to clearly see a group of players without rhyme or reason. They look like strangers on the park, playing without speed, flair or fluidity. Watching Rangers, you can’t help but begin to question what is going on at Murray Park every day. After a solid collection of summer signings, 75% of whom are established internationals, it was reasonable to hope that things might finally come together but the games against Hibs and Hearts have only further cemented the notion that there are some deep seated problems within the footballing department. No matter what happens, I still think of Ally McCoist in the same manner I did all those years ago. This man of great dignity and passion, a club icon, is simply not a very good football manager. It’s a heart-breaking reality. Do you agree with Jonny's view of the Rangers boss and his team? Have your say in the poll above - and the comments section below.
  2. Rangers fans react with delight as controversial finance chief resigns after 18 months of eye-watering losses 25 Jan 2014 07:23 SUPPORTERS' chiefs spoke of their relief last night that the figure seen as the 'bogey-man' of Ibrox had finally left the building. Brian Stockbridge has left Rangers Garry F McHarg/FOCAL Scotland RANGERS supporters reacted with delight last night to the departure of Brian Stockbridge as financial director at Ibrox. Stockbridge became the bogey man of Edmiston Drive in his 18 months at the club as he presided over a time of eye-watering financial losses. He was the man who told fans projected losses for the financial year to June 2013 would come in at £7million, just months before they were announced at £14.4m. He was also the frontman for an IPO that raised £22m and handed out more than £6m in fundraising costs. His breakdown of figures at the club agm in December was met by howls of outrage by disgruntled and disgusted shareholders. Morally, Stockbridge was viewed with suspicion after filming Malcolm Murray seemingly drunk on a night out while making cruel comments as the former chairman stumbled from a restaurant. Ethically, Rangers fans never forgave him for accepting a £200,000 bonus after the club won the Third Division to add to his salary of £200,000. Stockbridge said he gave the money back – this was confirmed by new chief executive Graham Wallace in an interview last week – but it’s believed he had come under pressure from investors Laxey Partners. Laxey have become increasingly influential behind the scenes at Rangers and even have a placeman, Nigel Crighton, on the club’s board to safeguard their investment. At the same time, Stockbridge’s former employers, Manchester-based financiers Zeus Capital, cashed in their chips earlier this month when co-founder Richard Hughes sold two million penny shares he bought for little more than £20,000 for almost £600,000. The Rangers board, including the influential Easdale brothers, have decided that Stockbridge is now expendable as they bid to win back fan trust under former Manchester City chief executive Wallace. Supporters have welcomed the decision of Stockbridge to step down from a position he had occupied since May 2012 as a vital move forward for the club as they claw their way back towards the top of Scottish football. Drew Roberton of the Rangers Supporters Association said: “Graham Wallace is clearly showing just who is boss and is sending out a clear message that he is here to do business and is unafraid of making tough decisions. “If it needs done he’ll do it. This is a message of intent from the chief executive and hopefully he starts as he means to go on. “Stockbridge will not be very well remembered by Rangers fans. He did not endear himself to anyone who was unhappy with the financial position of the club. As finance director, he appeared not to address the key issues surrounding the club and his manner was contemptuous to those who dared ask questions. “There had been speculation before the agm a deal may have been struck to remove him then, that he would be a sacrificial lamb. “Maybe the appointment of Wallace ultimately sealed his fate. Who knows? The statement says he resigned but he never struck me as the type of man who would give in and walk away. “In all honesty, I can’t believe he wasn’t sacked in light of the Malcolm Murray episode. “I don’t know how much this will do for supporter confidence but it has put a smile on the face of many. “But we’ve also got to be realistic. This is only the first of many tough decisions Rangers will have to make to put the club on a sound financial footing in the future but Mr Wallace appears to be the man to take us forward. “He has taken some big decisions already and let’s hope this is the first step along the road to recovery and that we see only positive things for the club moving on. He has moved up the Christmas card list of the Rangers supporters.” Stockbridge is a former colleague of the despised Imran Ahmad at Allenby Capital and Zeus and his departure is another break with the links of the past, including Rangers’ controversial former chief executive Charles Green. However, Green, in particular, is believed still to hold influence via the proxy shareholding of up to 30 per cent that is currently controlled by the Easdales and includes the shareholding of the likes of original investors Blue Pitch and Margarita. Rangers Supporters Assembly chairman Andy Kerr sees the bigger picture but hopes the resignation of Stockbridge at least is a move towards clearing the boardroom until it is occupied by directors the supporters can truly trust. Kerr said: “Stockbridge was always perceived to be a link back to the past and there was a lot of dissent around him at the recent agm. “His resignation potentially clears the path to better things for the club and hopefully we can go on and cut all ties with that previous regime. “There has been a significant drain of our finances the last couple of years. In isolation his £200,000 bonus for the team winning the Third Division was ridiculous. “When you broaden it out to include his whole stewardship he had some questions to answer. Even if someone sanctioned some of the costs around the IPO in the first place, for example, it still happened on his watch. “As recently as the agm he was telling us there was nothing to worry about financially when anyone with even a basic grasp of arithmetic knew there was. There will be few tears shed for him.”
  3. More pishy quotes from "an insider" so no idea if there is any substance in it. It looks likely that this is another story plucked out of the air to create division between boardroom, team and fans. What does everyone think? Also if true is it right that a CEO influences a Manager the abilities of the back room staff? Surely he should have an opinion on employee performance? Are the current backroom staff the right men for the job going forward? EDIT: With the help of Bouncy Bear the story has been proved wrong. Another nonsense story from the DR- http://www.rangers.c...onship-is-fine? CHARLES GREEN has asked Ally McCoist to consider sacking right-hand men Ian Durrant and Kenny McDowall to save his own job. And we can reveal the astonishing request has plunged Rangers into civil war. Embattled Ibrox chief executive Green has undermined boss McCoist by axing physio Pip Yeates, chief scout Neil Murray and striker Fran Sandaza in a chaotic two-week purge. But the Yorkshireman has now gone even further by telling McCoist he believes Durrant and McDowall must also be binned as part of his restructuring plans. McCoist has been rocked by Green’s request but is almost certain to stand his ground and demand his coaching team stays. And that could lead to a further deterioration of his relationship with the man who has already branded his team the worst Rangers side in history. Club insiders believe McCoist was nearing the end of his tether with Green before the outspoken chief floated the idea of knifing his mates in the back. It is difficult to see how the pair can now repair the damage done to their working relationship. We can also reveal Green’s admission he teamed up with disgraced former owner Craig Whyte to drive through his Sevco takeover has caused huge unrest in the boardroom and among shareholders. Chairman Malcolm Murray has yet to comment but a source close to the saga said: “There is a high level of concern about some of the things going on.”
  4. ALLY McCoist believes that the global coverage of Rangers' fall from grace can actually help him attract players to Ibrox. The story of Rangers collapse and re-emergence in the Third Division has attracted interest from around the world, with a number of foreign reporters attending media conferences and matches as Rangers begin their journey back up from the bottom tier. And McCoist hopes such exposure can boost his chances of selling the club to potential signing targets. A transfer embargo means Rangers must wait until September 1 before they can register free agents - and January 2014 before buying players - but they can negotiate pre-contract agreements this month. McCoist told the club's website: "We've got a massive list of players from all over the world which we are looking over at the moment. "We're keeping on top of the SPL players because we'd be crazy not to but we're looking far outwith that as well. "We're doing our groundwork early and we've got to do that. We can't register players until September but we've got to continue to scout." He added: "We've had camera crews and journalists here from all over the world and what is happening here has very much become a global story. "I don't think that has done us any harm in the respect of trying to get players in here because we are very much at the forefront of people's news and views. "It's up to us to utilise that. That has shown with one or two agents we are just touching base with to keep in touch with their players and there has certainly been a keenness from them to come here." Meanwhile, chief executive Charles Green has reiterated his determination to pursue former players he believes were in breach of contract when they refused to transfer to his Newco in the summer. Rangers are seeking compensation after Allan McGregor, Kyle Lafferty, Jamie Ness, Steven Naismith, Steven Whittaker and Sone Aluko quit Ibrox for moves to Besiktas, Sion, Stoke City, Everton, Norwich City and Hull City respectively. A meeting took place on Monday at Hampden to discuss jurisdiction on the case and Green says he was encouraged by the talks. Speaking on the club's online TV channel, Rangers TV, he commented: "From our side it went as well as we could have expected. From the other side I'm sure they will be disappointed. "Clearly they wanted the commission to throw it out and rule that the SFA had no jurisdiction because the whole process of the first meeting was about jurisdiction. "It is still my position that these players breached their contracts and we are going to pursue them. "Both parties were asked to go away and discuss various issues. We have been given until January 21 by the chair of the commission to come back to him. "In the absence that the parties can't agree or cannot come up with a view, he will make a judgement. "Hopefully, through the lawyers, we can come up with an agreement on these issues and, at that point, the commission can start taking the thing forward. "We are quite a way off from the position we want to achieve in terms of gaining compensation. We are not going to let this drop as I have said since June." Rangers settled with Southampton, Coventry City and Sheffield Wednesday over Steve Davis, John Fleck and Rhys McCabe respectively.
  5. Rangers valued at £45million

    RANGERS were valued at £45million after being floated on the stock market yesterday. Shares began trading under the ticker “RFC” on the smaller Alternative Investment Market – part of the London Stock Exchange. They were offered at 70p, valuing the club at £45million, and opened up at 75p, fluctuating around the 72p to 77p mark throughout the day. Chief executive Charles Green and his consortium – who didn’t sell their shares but issued new ones – paid roughly £5.5million to buy Rangers in June. Their stake is now valued at £23million. As our special graphic shows, Yorkshireman Green is Rangers’ largest single shareholder. The fans/others own 12 per cent through the public offer, while the likes of Newcastle FC owener and Sports Direct tycoon Mike Ashley (4.6 per cent) and manager Ally McCoist (two per cent) have significant holdings. Green has a lock-in deal that prevents him selling his stake – worth around £3.5million – for at least two years. Last night, money experts were optimistic about the club’s flotation Neil Patey, a football finance specialist with accountancy giants Ernst and Young, said: “The share flotation means Rangers are worth £45million on paper at the point of flotation. “This is £23million owned by Green and the previously existing shareholders, with £17million pledged by financial institutions. “The remaining £5million or so came via the public offering, which, one could assume, was mainly from fans. On this basis, you could say that Green’s consortium’s initial investment of £5.5million is now worth £23million on paper at the point of float. “But to actually realise that value would mean selling the shares and, if you started selling a lot of shares, the share price will go down. “Of the existing Rangers company, Green owns approximately eight per cent, worth, on paper, around £3.5million. What we can say is that Rangers were worth £45million yesterday at the point of float. Thereafter, the share price will reflect the market demand. “I would say Green has done very well, having bought Rangers some six months ago for £5.5million and having now floated it with a market capitalisation of £45million.” Michael Jarman, chief equity strategist with H20 Markets in London, added: “First of all, this was an oversubscribed placing. They achieved £22million and this was more than initially forecast. And the owners of the club, Green and his associates, seem to have good corporate governance over it now. “I think the investors see potential. If you look at the likes of Mike Ashley, who is a shrewd businessman, you have to look at the fact that the club do offer value. “You are talking about 26 Rangers to buy one Manchester United. “Rangers are a club who offer a lot of growth, with the shares probably trading at a ‘discount’ as the club are not yet in the SPL. “They’ve got to have two or three seasons’ worth of growth. I think business people are looking at it and saying Ibrox Stadium itself must be worth maybe between £10million and £20million. “So a club valued at around £50million with no debt look like a good business to be investing in. They are a growth company. This is about growth and Rangers becoming a ‘recovery’ football club who will one day eventually play in the SPL again.” Green said the listing was an important step to ensuring the future of the club. He said: “We are delighted to see our plans for bringing Rangers back to its glory days coming to fruition – a key part of which is its listing on AIM today. “The response from investors and fans alike has been tremendous and we are very proud to have such loyal supporters.” http://www.dailyreco...ox-club-1498096