North Rd 2,860 Posted June 23, 2017 Share Posted June 23, 2017 Share Purchase Announcement Dear member, Club 1872 is pleased to announce the purchase of a significant block of shares in Rangers International Football Club PLC (RIFC) - representing 4.46% of the total shares in the company. These shares have been purchased from MASH Holdings Limited. Club 1872’s acquisition takes our shareholding in RIFC over 10%, a significant marker in our progress as a shareholder/investor in RIFC. We now hold 10.71%, making Club 1872 the second largest shareholder in RIFC. We are delighted that our members’ support for Club 1872 has brought us to a point where we can acquire these shares and complete the process of restoring control of RIFC to those who view the footballing success of Rangers FC as being just as important as RIFC’s careful stewardship financially. Club 1872 allows Rangers supporters to help safeguard the future of our Club. Taking our shareholding above 10% puts us well on our way to that goal. Our next ambition is to reach out to those Rangers supporters who are not already members of Club 1872 and encourage them to join. Together we can achieve great things for our Club. The remaining shares held by MASH Holdings Limited have been purchased by Julian Wolhardt, the CEO of Dehong Capital Partners, a Hong Kong based private equity firm. Club 1872 Quote Link to post Share on other sites More sharing options...
Escobar 13,676 Posted June 23, 2017 Share Posted June 23, 2017 Stated a thread about this, @ben51 @gogzy just merge together cheers. Fuck Ashley. Quote Link to post Share on other sites More sharing options...
Ferris Bueller 1,569 Posted June 23, 2017 Share Posted June 23, 2017 And who is this Julian Wolhardt? Quote Link to post Share on other sites More sharing options...
STEPPS BOY 73,891 Posted June 23, 2017 Share Posted June 23, 2017 I'm gonna miss those tanks Quote Link to post Share on other sites More sharing options...
there'sonlyoneamoruso 1,724 Posted June 23, 2017 Share Posted June 23, 2017 This is pretty significant in terms of voting for new investment at the next agm. I still can't believe MA has sold up. Quote Link to post Share on other sites More sharing options...
Falcoholic 1,348 Posted June 23, 2017 Share Posted June 23, 2017 3 minutes ago, Ferris Bueller said: And who is this Julian Wolhardt? Quote Mr. Julian Juul Wolhardt is a partner of KKR Asia Limited focusing on private equity transactions in China region. Mr. Wolhardt has been actively involved in advising on investments in Yageo Corporation, Far East Horizon Limited, Fujian Sunner Development Co., Ltd. and COFCO Meat Investments since he joined KKR Asia Limited in 2006. Before joining KKR Asia Limited, he was with Morgan Stanley Private Equity from 1998 to 2006 and was responsible for its private equity ... Here comes the big Chinese investment boys and girls. Quote Link to post Share on other sites More sharing options...
Zetland 5,830 Posted June 23, 2017 Share Posted June 23, 2017 7 minutes ago, fanaticCR said: Stated a thread about this, @ben51 @gogzy just merge together cheers. Fuck Ashley. Sorry @admin I also posted in Boardroom and Financial. Quote Link to post Share on other sites More sharing options...
North Rd 2,860 Posted June 23, 2017 Author Share Posted June 23, 2017 RANGERS chairman Dave King has welcomed news that Club 1872 and Julian Wolhardt have each made a £1m investment in shares in Rangers International Football Club PLC. The purchase marks a significant milestone for Rangers and follows completion of the renegotiation of the Club’s retail deals earlier this week. When seeking regime change at Ibrox, Mr King committed to work with Rangers supporters for the benefit of the Club and seeing Club 1872 increase its stake to almost 11% is a massive endorsement of that strategy. “This is the partnership I want to see lead Rangers forward,” the Chairman said. “Rangers run by those who care for it most, not what has been dismissively described by some as “fans with calculators,” but a mature and structured organisation which can galvanise and represent our supporters and use their skills and talents to drive our Club back to the top of Scottish and European Football”. Mr King is also delighted to welcome Julian Wolhardt on board as an investor and said: “Julian’s decision to invest in Rangers is exciting for the Club. His business background and acumen are exceptional and it is very pleasing that his scrutiny of the Club and its strategy has convinced him of our financial prospects and the merits of our business plan.” Julian Juul Wolhardt, 44, is the CEO of Dehong Capital Partners (“DCP”), a Hong Kong based private equity firm. Prior to establishing DCP in 2017, Mr. Wolhardt spent ten years at KKR, a leading global private equity firm, as a Partner and Regional Leader. Before joining KKR, Mr. Wolhardt was responsible for the China business at Morgan Stanley Private Equity Asia, worked in the Mergers and Acquisition Group of Lazard Freres & Co. in the United States and started his career at Coopers and Lybrand. Mr. Wolhardt has made a substantial number of successful investments in China and currently serves as a board director for listed companies China Mengniu Dairy, China Modern Dairy, Fujian Sunner Development and COFCO Meat. Julian Wolhardt said, “I am delighted to become an RIFC shareholder. I have a long held love for Scotland and football and I am keen to see Rangers FC unlock its considerable commercial potential. With the successful restructuring of the retail operations, RIFC is now on a firm financial footing and I look forward to being a part of its exciting future.” A spokesperson for Club 1872 said: “We are delighted that our members’ support for Club 1872 has brought us to a point where we can acquire those shares and complete the process of restoring control of RIFC to those who view the footballing success of Rangers FC as being just as important as RIFC’s careful stewardship financially. Club 1872 allows Rangers supporters to help safeguard the future of our Club. Taking our shareholding above 10% puts us well on our way to that goal. “Our next ambition is to reach out to those Rangers supporters who are not already members of Club 1872 and encourage them to join. Together we can achieve great things for our Club.” Quote Link to post Share on other sites More sharing options...
Ryan_1 1,136 Posted June 23, 2017 Share Posted June 23, 2017 Fantastic news to end a fantastic week for the club. Quote Link to post Share on other sites More sharing options...
BF1 167 Posted June 23, 2017 Share Posted June 23, 2017 Fucking hell, this pre-season period just keeps getting better and better. On another note, does anyone know anything about the CEO of Dehong Capital Partners? Will they have the interests of the club at heart? Are they likely to be a quiet shareholder? Can't find anything about them being activist shareholders which is a positive regardless. Either way, I'll enjoy a bevy the night after the brilliant week we've had. Quote Link to post Share on other sites More sharing options...
don1972 491 Posted June 23, 2017 Share Posted June 23, 2017 Great news Quote Link to post Share on other sites More sharing options...
kris1984 1,259 Posted June 23, 2017 Share Posted June 23, 2017 13 minutes ago, Ferris Bueller said: And who is this Julian Wolhardt? I tell you wan ting about him, I expect lots of shite pun patter with Asian sounding names thrown in... Quote Link to post Share on other sites More sharing options...
Brian Fantana 28,894 Posted June 23, 2017 Share Posted June 23, 2017 This i am happy about, With Ashley out the way the club can start to trade again and convert the interest free loans to shares (although there would always be a fear that Ashley could buy through a hedge fund and get a substantial stake again). Excellent news Quote Link to post Share on other sites More sharing options...
Brian Fantana 28,894 Posted June 23, 2017 Share Posted June 23, 2017 1 minute ago, kris1984 said: I tell you wan ting about him, I expect lots of shite pun patter with Asian sounding names thrown in... yoo sum guy Quote Link to post Share on other sites More sharing options...
don1972 491 Posted June 23, 2017 Share Posted June 23, 2017 Will this effect the SD deal in any way ? or will this just run for the year as planned. Quote Link to post Share on other sites More sharing options...
Dado'sMulls 2,617 Posted June 23, 2017 Share Posted June 23, 2017 A real life financial expert investing in us because of our sound financial footing and potential going forward? Timothy won't like that one bit Some week it's been for us! Quote Link to post Share on other sites More sharing options...
BF1 167 Posted June 23, 2017 Share Posted June 23, 2017 2 minutes ago, don1972 said: Will this effect the SD deal in any way ? or will this just run for the year as planned. I'd imagine this sale was negotiated during the SD deal tbh, especially with the timing. So probably not. Quote Link to post Share on other sites More sharing options...
folkestoneger 8,135 Posted June 23, 2017 Share Posted June 23, 2017 Does this mean people who contribute to C1872 are no longer the bad guys? Quote Link to post Share on other sites More sharing options...
piperpete 3,186 Posted June 23, 2017 Share Posted June 23, 2017 22 minutes ago, Dado'sMulls said: A real life financial experin investing in us because of our so anything King Iund financial footing and potential going forward? Timothy won't like that one bit Some week it's been for us! That canae be true as no real financial expert would work or INvest IN anything King was INvolved with. Quote Link to post Share on other sites More sharing options...
graeme_4 34,486 Posted June 23, 2017 Share Posted June 23, 2017 Quote Link to post Share on other sites More sharing options...
PRW. 5,631 Posted June 23, 2017 Share Posted June 23, 2017 2nd biggest shareholder in the club. Well done to everyone who contributes to C1872. ? Quote Link to post Share on other sites More sharing options...
Siam69 26,875 Posted June 23, 2017 Share Posted June 23, 2017 1 minute ago, graeme_4 said: Wee Willy and his silver quill will be in tears. Quote Link to post Share on other sites More sharing options...
Thermopylae 15,286 Posted June 23, 2017 Share Posted June 23, 2017 And here's me wondering if the improved merchandise deal and the increased spending on the team meant that ashley had been welcomed into the fold Quote Link to post Share on other sites More sharing options...
BRITNEY IS NOT FEELING IT 8,293 Posted June 23, 2017 Share Posted June 23, 2017 Unlike Ashley to make a loss Quote Link to post Share on other sites More sharing options...
Hutton2008 646 Posted June 23, 2017 Share Posted June 23, 2017 Without sounding controversial - the mhanky mob essentially went into fan ownership and as far as stability goes it's been good for them. I well and truly believe the future is bright for us. We will be back at the summit very soon. And not the summit the bheasts have been on top of, but top of a league that there is a buzz about. The league this season is tenfold stronger than last and soon we will be back to dominating it! Quote Link to post Share on other sites More sharing options...
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