My letter to the Directors.

[SeparateEntityMyArse 53,717]

4 minutes ago, five stars said:

Of courses they're putting money into the club, it would be different if the loans were to be repaid, or they were commercially benefiting from the loans.

Sure they'll get shares for their cash but they already have control of the club. The loans/shares conversion seems the obvious way for them to invest.

This is entirely different from Murray's investment, which were mainly loans from banks/ticketus etc to be repaid with interest and fees.

Or Ashleys were he had his own commercial interests for his investment.

Or Greens who was out to make a fast buck.

Or Whyte who was Murrys fall guy.

The board could of easily invested their cash in the stock market for a handsome return, or blown it on the high life, so we should give them some credit for investing their not so hard earned cash.

It doesn't mean that they don't deserve the criticism they're receiving for one blotched managerial appointment after another.

I've given credit for loans previously. I've said we need the loans. They've invested nothing, til now it's a loan

When it's converted, it's their shares which they'll likely be able to turnaround at break even or profit if they wanted.

I'm not criticising, but the point was about wasted money. That's ST money, our money, and when loans are converted club money. They won't lose out, their money is safe.

[With Heart and Hand 8,949]

1 hour ago, Gazza1212 said:

Despite their best efforts what we've witnessed thus far is NOT what we expect of our board

Do you really believe this was their "best effort"? I dont, i think theyre apathetic and trying to do it on the cheap

if it is their best efforr then its time for them to go, cause that means theyre incompetent. So its either gross ignorance or gross incompetence. either way theyre done.

cant belive im saying this but im hoping for a last ditch effort from them, a major appointment followed by major investment, but have no faith in it actually working out well

[Charlie Peace 36]

21 minutes ago, Virtuoso said:

But it's not investing in the club, the money is simply filling a funding gap as we're running at a loss.

As it is, they'll get it all back when they decide to cash out at some point.

I'm not sure they will, mate. 

It looks like we'll spend the season ticket money as quickly as it comes in, paying off the CB loan, taking a couple of the loanees on a permanent basis and paying the first couple of months' salaries. 

By the time there's enough cash available to repay the directors' loans or the share price rises enough to allow them to sell their new shares at somewhere near the price they're going to pay for them, they'll all be dribbling into their pelican bibs.

 

[Malvern 11,329]

With Dinky in charge we are fucked, get over it.

[D'Artagnan 13,319]

Excellent letter Ali

[Clemdog 39,389]

A very well written letter.

[With Heart and Hand 8,949]

wrote one myself, will probably wait till the morra to edit and add to it before i send it as im half cut lol

 

Dear Mr King,

I am writing to you as a lifelong fan and supporter of Rangers FC, I have been a season ticket holder at Ibrox since before i was old enough to remember, my Father has held a season ticket for nearly 50 years, my family has a history of supporting Rangers that goes back at least 90 years, 90 years of undying loyalty to Rangers, the Club we love.

I will begin by saying that all we ask in return for this loyalty is for you, as owners and ambassadors of our Club, to show the same loyalty, the loyalty thats been given by generations of fans. All we ask is for promises to be kept by those we put our trust in after so many had betrayed us.

The board has clearly failed to attract the level of investment needed to take Rangers back to where we need to be, at the top of the league competing with celtic and trying for a place in the champions league. Our performances since the boards takeover have been unacceptable to say the least, to be beaten by 4 goals by celtic multiple times in such a disgraceful fashion over such a short period will live in the memory of all Rangers fans for years to come. The boards performance is as bad as the teams performace has as far as I and many others can see.

The fans have grown weary of false promises, we've long grown tired of starting over again every season. Our team we will now be starting over again from square one for the 7th time in 7 years. This is not acceptable to any Rangers fan. 

The board love to tell us about all of the work that us going on behind the scenes and all the "unseen" money that is being spent. But its time that the actions of the board are made visible. We only ask for the transparency that the current board promised to provide. 

We understand the struggles we face, we understand it is not an easy job, we understand most of all that league titles and cup wins will not just fall into our hands. We know this will take hard work and lots of investment. 

But we are starting to severely doubt the boards ability to achieve the goals it set out to achieve and that all Rangers fans desire. It is time that you, Mr King, and the rest of the board put their money where your mouths are and do what needs to be done. 

If the board cannot come up with the goods promised then you should do the right thing and step down and allow someone who is capable of running the club to do so. Because we will not accept another failure. This is the last straw Mr King, either put up or shut up, we've had enough of liars and cheats, its time for you to be the man you said you were and the man that thousands of Bears invested their hopes in.

Step up or step down Mr King, these are your only options left if you truly have Rangers at heart

Regards
With Heart And Hand

[Old Geezer 28]

Well done my friend  a great letter , I would have CC.d it to Stewart Robertson and Graeme Murty  just to make sure that it hits home

[JCDBigBear 10,824]

2 hours ago, Je99 said:

I wonder if there is a fan committee (say of up to 10 fans) within the structure set up by the Board......I've known that a fan committee can be very useful to the Board or First Team of Staff. 

 

There was one, it was called The Rangers Fans Board which was elected by the fans but it didn't suit the new regime who undermined it and shut it down to stop any awkward questions.  They then set up their own (truly independent, no honestly it is independent, trust us) fan group Club 1872 and ensured their placemen were insitu.

[Gazza1212 1,212]

48 minutes ago, With Heart and Hand said:

Do you really believe this was their "best effort"? I dont, i think theyre apathetic and trying to do it on the cheap

if it is their best efforr then its time for them to go, cause that means theyre incompetent. So its either gross ignorance or gross incompetence. either way theyre done.

cant belive im saying this but im hoping for a last ditch effort from them, a major appointment followed by major investment, but have no faith in it actually working out well

Only a fool makes the same mistakes over and over but never learns. If major investment was coming into the club it would be here by now......that's it.....end of story! 

This board have taken for granted their support's loyalty once too often. I firmly believe the majority have had enough now and want them out. 

[Siam69 26,876]

2 hours ago, Rfc52 said:

Guardian was into it.

A fair few other of the accounts that are now gone done the same and a fair few others.

@Siam69 or @Real Ranger Will probably remember more specifically the exact posters but there was more than a few at it at the time 

Aye Guardian was the Blue Taigs instigator, Backup ,  sorry, Bawsburst was at it as well, that and rhebs and malcontents etc.  McMurdo was another who used to come out with them all on here. 

Great times 

2 hours ago, K.A.I said:

Siam was a heavy King backer at one point though.

He seen the light though which is all that matters.

I don't think there's many King backers left - even on FollowFollow anymore which is great - unless your name is Robert Marshall, he's alive and kicking posting pish.

I just want the best for my Club, Kai. Club first, always the Club first, not King, not any fan group or any other thing or anyone else. 

At that time, I wanted rid of those cunts, so backed King and the rest of the Rangers supporters who were trying to oust them.

Now, while I still believe it was right to get those cunts out,I just feel so let down by King and those with him with the state of my Club, and have done for quite a while.

It's a fucking shambles, which ultimately is down to them. If someone better took over tomorrow, they would get my full  backing. 

I'm just worried about another Whyte or Green character. 

We're known for our loyalty to the Club, that's why cunts know money can be made out of that loyalty. 

 

2 hours ago, STEPPS BOY said:

Aye, and that was just from the Moderators!

[With Heart and Hand 8,949]

13 minutes ago, Gazza1212 said:

Only a fool makes the same mistakes over and over but never learns. If major investment was coming into the club it would be here by now......that's it.....end of story! 

This board have taken for granted their support's loyalty once too often. I firmly believe the majority have had enough now and want them out. 

completely agree mate. im hanging on to false hope but im almost certain their time is done and im sure  their departure will be to our benefit 

[TheBluebells 6,898]

Class letter putting across what we are all thinking. 

[five stars 1,621]

3 hours ago, Virtuoso said:

But it's not investing in the club, the money is simply filling a funding gap as we're running at a loss.

As it is, they'll get it all back when they decide to cash out at some point.

@five stars

So what do you consider to be investing in Rangers?.

I bought my 500 quid worth of shares at the IPO, so have i not invested because in theory i could sell my shares at some point and get my money back?

What do you consider to be investing in Rangers and how would you describe the present regimes investment if not investment? ?

[55andmore 14]

Good letter laying it bare, would be great if the OP even got an acknowledgement from the board but more chance of a Tax Rebate from the tax man and there's a snowballs chance in hell of getting one of those.

Do agree with many of the other posts about sending in more letters.......have to try everything and anything...to try and get some positive action before the season ends....or we're fucked

[five stars 1,621]

3 hours ago, Sportingintegritymyarse said:

I've given credit for loans previously. I've said we need the loans. They've invested nothing, til now it's a loan

When it's converted, it's their shares which they'll likely be able to turnaround at break even or profit if they wanted.

I'm not criticising, but the point was about wasted money. That's ST money, our money, and when loans are converted club money. They won't lose out, their money is safe.

If there in it for the money then they're as poor a judge of a good financial investment as they are of a football manager.

[siddiqi_drinker 14,635]

5 minutes ago, five stars said:

So what do you consider to be investing in Rangers?.

I bought my 500 quid worth of shares at the IPO, so have i not invested because in theory i could sell my shares at some point and get my money back?

What do you consider to be investing in Rangers and how would you describe the present regimes investment if not investment? ?

I think most fans are pissed off with events on the field and disillusioned by the lack of investors.  When King took over as the majority shareholder we were informed by Mini Murray that there were numerous investors ready to put money into the club, we are still waiting.  I wonder if King picked the wrong Murray to bring in investment, seems Drunken Murray might actually have done a better job. 

[eejay the dj 31,964]

8 hours ago, SuperAli said:

I have today sent the below letter to the Directors of Rangers Football Club. I hope others will look to do the same in order that we gather some sort of momentum for action and change. 

 

Dear Mr King,   

I write to you as Chairman and a Director of Rangers Football Club following the totally unacceptable 4-0 defeat to our biggest rivals on Sunday 15th April.

In March 2015 Mr King assumed boardroom control. You and the other Directors have reigned during a time of embarrassing and disgraceful results – some of the worst in our history. Only twice in my life have I left a Rangers game early, both of these games were under your tenure – the 5-1 defeat to celtic at Ibrox and the 4-0 defeat to celtic at Hampden. I simply could not watch any more.

The loyalty of myself and other Rangers fans cannot be questioned. I and many others have followed Rangers through the hard times, with administration, liquidation and expulsion to the bottom tier of Scottish football being the lowest of them all. I and many thousands of others followed Rangers home and away as we made our return to the Scottish Premiership. We now feel that this loyalty is being taken for granted by the current administration at the Club. We have only won Scottish Challenge Cup and the SPFL Championship since the takeover in March 2015. It is totally unacceptable that our next chance of silverware will be in 2019 - 4 years since the takeover. By then we will have been 8 years without the League, 10 years without the Scottish Cup and 9 years without the League cup.

It has not helped that the Club seem to go from one managerial disaster to the next. The resignation of Mark Warburton, David Weir and Frank McParland in February 2017 was a disaster and took several days to be confirmed. The appointment of Pedro Caixinha on a three-year deal in March 2017 was followed by a 5-1 defeat to celtic at Ibrox in the April, losing for the first time to Aberdeen in 26 years in the May, and being humiliated in Europe by Progres Niederkorn in the July. Records were being broken but not the kind we want. It took the board until the October to sack Caixinha. Then there was the embarrassing and very public McInnes debacle which left Rangers without a viable replacement for Caixinha. The public pursuit of McInnes ruled out all other managerial options which may have been in consideration at the time. After all, who would want to be the second choice? This was a careless and costly error.

With seemingly no other option available, Graeme Murty was henceforth appointed as manager for the rest of the season with no experience of managing a club before, never mind one the calibre of Rangers. In this appointment, the Board effectively wrote-off the 17/18 season when we were still very much in contention for silverware. It is clear Murty’s team selections and tactics have been woeful. After Sunday he has clearly lost the confidence and respect of the team, and certainly the support of the fans. The players, manager and directors owe the Rangers fans a public apology for that humiliating display. How and why the Board continue to support Murty is unknown. It is imperative that he is now removed before we play the remaining 5 games of the season which are so important in determining where we finish in the league. We need to recover some pride.

It is apparent that there is a lack of any sort of public relations or communications strategy. This is evident through the managerial controversies with Warburton, Weir, McParland and McInnes. More recently, during the January transfer window, had the Club reacted quicker, the rumours circulating around the future of Alfredo Morelos and the transfer fee would have been silenced. Now the latest controversy follows after Sunday and surrounds several players - Kenny Miller, Lee Wallace, Alfredo Morelos, Greg Docherty, Andy Halliday and Daniel Candeias. Again, rumours are circulating. Our slow and weak response to events, in and out of the Club makes us a laughing stock to other football fans and to the press. Becoming proactive is key in once more establishing the respect we deserve.

In light of the above, it is difficult to understand how the Board can expect fans and others to invest money into the Club whether through share issues or season ticket renewals. The Board has shown little or no evidence that it can be trusted. How can fans be expected to renew their season tickets when the next managerial appointment is unknown? How can fans trust the Board to appoint a successful manager when the appointments of Caixinha and Murty have been disastrous? For too long the Board has taken the loyalty of the fans for granted. The Board has shown little competence to date. It is now time to either show the fans you merit the status as directors of Rangers Football Club, or you consider your resignation.


 

Superb . How most of us feel . I myself would love to be put in the same room as a few of them

[SuperAli 1,350]

3 hours ago, Old Geezer said:

Well done my friend  a great letter , I would have CC.d it to Stewart Robertson and Graeme Murty  just to make sure that it hits home

Robertson will receive a copy of his own. 

[SuperAli 1,350]

36 minutes ago, eejay the dj said:

Superb . How most of us feel . I myself would love to be put in the same room as a few of them

Rangers Fans Board used to get answers every time. Whether that was after a scheduled meeting or an emergency meeting demanded by the fans. The current administration dissolved the Fans Board and replaced it with Club 1872. One can only imagine why that was done. But we certainly aren't getting answers now! 

[With Heart and Hand 8,949]

4 hours ago, Virtuoso said:

But it's not investing in the club, the money is simply filling a funding gap as we're running at a loss.

As it is, they'll get it all back when they decide to cash out at some point.

@five stars

its papering over the cracks

giving soft loans is simply that, a loan, not an investment. It also allows them to hold us to ransom

it should have never been allowed to happen especially after the debacle with the previous board over the same issue

the fact it was allowed to happen by the leaders of so called "fans groups" just shows that they shouldnt have ever been involved and never should be again, folk like houston and marshall the grass, the ones who claimed theyd ensure this kind of thing never again happened

the scary thing is that these so called "fans" still have power and influence over a large percentage of our support, the most gullible sheepish support on the planet, i honestly think our last remaining option is fan ownership but at the same time i know the fans with power and influence are the likes of Dingwall and CH and the rest of the rhats.

The only group i have faith in is Vanguard Bears and i hope they are allowed to take the reigns because the rest are simply incompetent best and certainly untrustworthy. We cant allow them to have power again

Were right down the rabbit whole again, we are honestly fucked if something doesnt happen soon imo. Its like fucking groundhog day. And im waiting on the likes of Dingwall, CH and co etc to lead us into oblivion again because i think too many fans are just bloody gullible idiots who will blindly follow them again. 

[The Godfather 71,880]

The club don't give a fuck.

They know no one else wants us and without their emergency loans we will crumble.

Horrible cancerous bastards who are killing us off with each passing game. We need a miracle or our club is fucked 

[Courtyard Bear 41,357]

58 minutes ago, five stars said:

If there in it for the money then they're as poor a judge of a good financial investment as they are of a football manager.

Why would that be, they bought shares in a struggling company at rock bottom price. The shares have only one way to go and that’s up, the haven’t used one sIngle penny they won’t see again and when they do sell will make a very nice profit. 

Sounds like the perfect investment money maker to me. 

[Smile 26,604]

7 hours ago, theiconicman said:

He said he didn't care what 'fans' think, but will listen to supporters. I guess making the distinction between those on social media who largely don't attend games/ buy merchandise and illegally stream, versus those who buy season books.

His view was those he talks to at games were far more supportive of him and actions, then the mass crowd of social media.

To be fair to him, social media is the fucking cesspit of humanity, where the lowest ape 'has a voice'.

 

Lol.

[SeparateEntityMyArse 53,717]

57 minutes ago, five stars said:

If there in it for the money then they're as poor a judge of a good financial investment as they are of a football manager.

You seem to be arguing against points I'm not making. 

I'm simply saying in response to the post about millions wasted that the loanees money isn't wasted (for them) as it'll turn to shares which theirs.

The ST is gone, tv monies etc gone. But if and when the loanee decides to run for the hills if they sell their soon to be converted shares then they'll likely not be out of pocket.

That's it in a nutshell.