now then forever 298 Posted September 8, 2014 Share Posted September 8, 2014 http://www1.skysports.com/football/news/11095/9461386/rangers-fans-sign-up-to-share-schemeAnyone know more about this? Is it worthwhile? Quote Link to post Share on other sites More sharing options...
JamieG54 812 Posted September 8, 2014 Share Posted September 8, 2014 First I've heard of it on here mate Quote Link to post Share on other sites More sharing options...
now then forever 298 Posted September 8, 2014 Author Share Posted September 8, 2014 Just seen the Rangers First Video thread!! Seems an interesting idea. Would really need a united support to really take off, not sure we have that at the moment. Quote Link to post Share on other sites More sharing options...
Neil1418 60 Posted September 9, 2014 Share Posted September 9, 2014 www.RangersFirst.orgHas the information you need.I give this scheme £10 per month.I give £10 a month also, the more bears that join the quicker we'll get results, I'm a big fan of this I think it's a great idea. Quote Link to post Share on other sites More sharing options...
North Rd 2,860 Posted September 9, 2014 Share Posted September 9, 2014 Rangers fans get behind scheme for supporter control of Ibrox ALMOST 500 fans have signed up to a scheme to buy a controlling stake in Rangers since the club launched a £4million share issue last month.By: Paul Anderson Published: Tue, September 9, 2014Digsby IM, Email, and Social Networks in one easy to use application! http://digsby.com Almost 500 fans are getting behind a scheme for supporter control of Ibrox [WILLIE VASS]The fallen Glasgow giants admitted in a statement to the Stock Exchange it would not be able to pay creditors if it could not sell at least 15 million new shares. That has sparked fears the 54-times Scottish champions could be heading back into administration. Now Rangers First say they have seen an upsurge in fans backing efforts to put the club in the hands of the Ibrox faithful. Backed by Supporters Direct Scotland, Rangers First have set up a similar scheme to the one used to rescue Hearts from their administration battle. They now say the number of members volunteering monthly sums has risen to more than 1,400. At current totals, the scheme is pulling in almost £32,500 a month and organisers revealed they will use some of that to take part in this month’s open offer. SDS spokesman Richard Atkinson, who has been advising Rangers First, said: “We consulted the Rangers First members as soon as the news broke that a new share issue would be happening at the club. It is clear that Rangers fans increasingly recognise that they, like fans of many other clubs, have the ability to take a real financial stake in the club that makes a difference in both financial and transparency terms Richard Atkinson, SDS spokesman “The members overwhelmingly wanted to help and authorised Rangers First to take up their pro-rata share options as well as apply for any excess available. “Since that point, we are now closing in on having added 500 new members to the organisation.” Around 7,500 supporters backed the Foundation of Hearts’ efforts to save the Tynecastle outfit and Rangers First have targeted membership levels of 20,000 with average monthly donations of just under £20. They already own 130,000 shares, while another 20,000 have been gifted to them by existing stakeholders. Atkinson added: “It is clear that Rangers fans increasingly recognise that they, like fans of many other clubs, have the ability to take a real financial stake in the club that makes a difference in both financial and transparency terms.” Quote Link to post Share on other sites More sharing options...
pcbear 10,913 Posted September 14, 2014 Share Posted September 14, 2014 unashamed bump Quote Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted September 14, 2014 Share Posted September 14, 2014 For any Rangers fans moaning that we don't have a voice, then moan no more get involved and before you know it a voice we will have. Quote Link to post Share on other sites More sharing options...
pcbear 10,913 Posted September 14, 2014 Share Posted September 14, 2014 For any Rangers fans moaning that we don't have a voice, then moan no more get involved and before you know it a voice we will have.1734 and counting atm all pulling together, subscriptions of approx 35k a month for the purchase of shares to gain a voice, a fiver gets you in bears. Quote Link to post Share on other sites More sharing options...
RFC55 107,780 Posted September 14, 2014 Share Posted September 14, 2014 1734 and counting atm all pulling together, subscriptions of approx 35k a month for the purchase of shares to gain a voice, a fiver gets you in bears.Think I'm gonae do it as well mate Quote Link to post Share on other sites More sharing options...
Ibroxholm 2,260 Posted September 14, 2014 Share Posted September 14, 2014 Are the shares bought through Rangers first lodged in the investor's name? Does the individual hold the voting rights on the shares they purchase? Quote Link to post Share on other sites More sharing options...
The Louden Tavern 1,765 Posted September 14, 2014 Share Posted September 14, 2014 Are the shares bought through Rangers first lodged in the investor's name? Does the individual hold the voting rights on the shares they purchase?The Shares are held by Rangers First the organisation - as a CIC it has a thing called an asset lock, which in practice means that the shares can never be taken out or sold and will always be there to benefit The Rangers Community.Each member has an equal vote regardless of how much they have put in. RF is one member one vote.GM Quote Link to post Share on other sites More sharing options...
pcbear 10,913 Posted September 14, 2014 Share Posted September 14, 2014 Are the shares bought through Rangers first lodged in the investor's name? Does the individual hold the voting rights on the shares they purchase?www.rangersfirst.org all the info on there, quality website. Quote Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted September 14, 2014 Share Posted September 14, 2014 1734 and counting atm all pulling together, subscriptions of approx 35k a month for the purchase of shares to gain a voice, a fiver gets you in bears.Cracking news mate, hopefully we can kick on from here. Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted September 14, 2014 Share Posted September 14, 2014 Are the shares bought through Rangers first lodged in the investor's name? Does the individual hold the voting rights on the shares they purchase?If you want to own the shares and the voting rights, consider simply buying your own. It's not difficult...http://www.halifax.co.uk/sharedealing/our-accounts/regular-investing/default.asp Quote Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted September 14, 2014 Share Posted September 14, 2014 Are the shares bought through Rangers first lodged in the investor's name? Does the individual hold the voting rights on the shares they purchase?Do what I did mate buy some personal shares and then subscribe to RF, I pay 18.72 a month every little helps. Quote Link to post Share on other sites More sharing options...
pcbear 10,913 Posted September 14, 2014 Share Posted September 14, 2014 Do what I did mate buy some personal shares and then subscribe to RF, I pay 18.72 a month every little helps.What I done exactly, I got 714 in the first issue, 100 quid got me 500 just there, and the 18.72 Rangers first, as you say it all helps. Quote Link to post Share on other sites More sharing options...
jamess 3,388 Posted September 14, 2014 Share Posted September 14, 2014 Yes, a few shares and paying into RF each month is the way forward. It's been unfortunate that this important initiative was drowned out by all the other bad news and infighting. Glad to see it is having a spurt of new members. Time to stop moaning about others not buying shares, and do it ourselves. Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted September 14, 2014 Share Posted September 14, 2014 What I done exactly, I got 714 in the first issue, 100 quid got me 500 just there, and the 18.72 Rangers first, as you say it all helps.Why are you giving a 3rd party £18 to buy shares which you will never see and never control, when that £18 would have got you 90 shares of your own which you would own and control. You can always give RF your proxy, then take it back when they misuse it. I just don't get it. Quote Link to post Share on other sites More sharing options...
ManchestGer 347 Posted September 14, 2014 Share Posted September 14, 2014 I'll be getting involved next week Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted September 14, 2014 Share Posted September 14, 2014 Ach well. Don't say I didn't warn you. Quote Link to post Share on other sites More sharing options...
gogzy 31,195 Posted September 14, 2014 Share Posted September 14, 2014 I am with GB on this one. Buy your own shares and proxy those rights to RF. That way they still have the combined voting rights, but you own your shares and can remove the proxy at will. This still gives you some leeway in case you become unhappy with RF Quote Link to post Share on other sites More sharing options...
jamess 3,388 Posted September 14, 2014 Share Posted September 14, 2014 GB, you raise a very valid point, which would be the sensible thing to do if everyone was organised. But we are not, and some people are lazy and would not buy the shares regularly. I am motivated to do what you suggest, but I'm not sure I would always do it. Setting up my 18.72 to RF is easy, and makes sure I do my bit. Quote Link to post Share on other sites More sharing options...
pcbear 10,913 Posted September 14, 2014 Share Posted September 14, 2014 Why are you giving a 3rd party £18 to buy shares which you will never see and never control, when that £18 would have got you 90 shares of your own which you would own and control. You can always give RF your proxy, then take it back when they misuse it. I just don't get it. I already have my shares, somewhere along the line you have to trust people ( ive bought untold from your good self, and gifted items) I just like to think I am doing my little bit for our club.You do a fantastic job beating the drum for Erskine and i will always lend a hand there. Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted September 14, 2014 Share Posted September 14, 2014 GB, you raise a very valid point, which would be the sensible thing to do if everyone was organised. But we are not, and some people are lazy and would not buy the shares regularly. I am motivated to do what you suggest, but I'm not sure I would always do it. Setting up my 18.72 to RF is easy, and makes sure I do my bit.Check the link I posted.http://www.halifax.c...ing/default.aspYou simply open a sharedealing account with your own bank, and set up a £20 DD on it.Then each month, your bank take the £20, deduct a £2 admin fee, and then use the remaining £18 to buy as many shares as possible at the current price (that would be 90 shares at today's price)So after a year you would have (let's assume fixed share price for simplicity)...spent £240bought 1080 sharesown those shares and have full rights over thembe able to sell those shares and get your £240 back if you needed it badly.Oh and if we ever get back into profit, you'd even earn dividends on them! Quote Link to post Share on other sites More sharing options...
govanblue 16,847 Posted September 14, 2014 Share Posted September 14, 2014 I already have my shares, somewhere along the line you have to trust people ( ive bought untold from your good self, and gifted items) I just like to think I am doing my little bit for our club.You do a fantastic job beating the drum for Erskine and i will always lend a hand there.The stuff I do has been in large part a response to seeing how badly everyone else is doing things. IF RF or any of the other groups were even half as open and straight-talking as the Fund is, then we wouldn't be in the mess we're in today! Quote Link to post Share on other sites More sharing options...
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