Stu1993 101 Posted April 22, 2011 Share Posted April 22, 2011 Let’s work togetherMatthew Lindsay22 Apr 2011Craig Whyte would be prepared to work alongside rival bidders Dave King and Paul Murray to make Rangers the dominant force in Scottish football, SportTimes can reveal.Whyte’s attempt to take over the Ibrox club hit a major stumbling block this week when it emerged that club directors King and Murray were fronting a consortium interested in buying Sir David Murray’s majority shareholding.However, the Motherwell-born venture capitalist, who is still the preferred bidder, would be prepared to join forces with the duo if their willingness to plough £25million into the Ibrox club is genuine.Current club owner Sir David has confirmed his support for the Whyte bid rather than the £52m alternative plan put together by South Africa-based multi-millionaire King and Paul Murray.The consortium members have discovered their plan is not seen as an attractive alternative to the bid put in place by Whyte.But Whyte himself would be receptive to an approach from King and Paul Murray.That potential pooling together of resources was described by one source close to the talks as potentially “the best of both worlds”.It would mean the entire debt to Lloyds Banking Group would be paid off, Sir David Murray would get a sum for his 85% share-holding, and new manager Ally McCoist would get far more to spend on new players.But it is unclear if King, Paul Murray and their backers would put money in if Whyte is the new owner.As things stand, Sir David Murray regards Whyte’s £52.5m overall package – including £25m on players over five years – as the best option.Crucially, that is also the Lloyds view. The bank would recover all of the near-£20m it is owed if Whyte’s bid goes through.The King/Murray consortium proposes to repay only part of the debt and continue a credit facility with Lloyds.King would put up £25m, of which £15m would go to Lloyds and £10m on players with a share issue then made which would be underwritten to the tune of £20m by the consortium members.But Tuesday’s dramatic intervention by club chairman Alastair Johnston on behalf of the independent sub-committee of Rangers’ directors – which was set up to examine the credentials of any bidder – caused unexpected problems for Whyte.The statement openly criticised his bid and announced the existence of the alternative proposal backed by King and Paul Murray.That revealed to Whyte that if his takeover goes ahead, it will be contrary to the wishes of most of a board of directors including Johnston, chief executive Martin Bain, finance director Donald McIntyre, former chairman John McClelland and John Greig.That would mean Whyte putting his money in and it going into the hands of executives who had not supported him.The likely scenario in that event would be Whyte replacing them with his own new executive team as soon as was realistic after taking ownership.http://www.eveningtimes.co.uk/sport/editor-s-picks/let-s-work-together-1.1097588 Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,044 Posted April 22, 2011 Share Posted April 22, 2011 i doubt the current board would work with whyteSDM has practically given the current board free reign on running the club, if whyte takes over, that wont happen surely Link to post Share on other sites More sharing options...
blueben_d 40 Posted April 22, 2011 Share Posted April 22, 2011 Could be the best news all round if this came to fruition Link to post Share on other sites More sharing options...
Stu1993 101 Posted April 22, 2011 Author Share Posted April 22, 2011 i Agree mate, if both kept to their word and put in the ammount they are suggesting too, we could see a new era for The Rangers. Link to post Share on other sites More sharing options...
blueben_d 40 Posted April 22, 2011 Share Posted April 22, 2011 If the current board turned down this offer to work together then that tells me all I need to know about their self interest. Link to post Share on other sites More sharing options...
eskbankloyal 19,446 Posted April 22, 2011 Share Posted April 22, 2011 I think if it can work then it should definately happen! Whyte has always said this is not an ego trip for himself - its a proper business venture therefore if the extra money can be investment it seems a win win situation for everyone involved! My only concern would be whether or not they can actually work together or not Link to post Share on other sites More sharing options...
kanjo 26,408 Posted April 22, 2011 Share Posted April 22, 2011 It's all fair and saying bring them all together and invest more in the playing side of things, but we need to remember whats happend in the last 2 years, and be sure never to let that happen again. Yes, bigger transfer fees (so long as its paid there and then) and affordable wages, but none of this excessive wages and fees please.IMO £20m right now would see us walk the league as it currently stands, can only wait and see though. Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 22, 2011 Share Posted April 22, 2011 i doubt the current board would work with whyteSDM has practically given the current board free reign on running the club, if whyte takes over, that wont happen surelyyear free reign to d muir. i doubt he will be investing. Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,044 Posted April 22, 2011 Share Posted April 22, 2011 year free reign to d muir. i doubt he will be investing.it doesnt matter who, if their decisions are within Lloyds budget they can pretty much do whatever they want just nowunder whytes ownership i doubt they'll have that power, every decision would have to be ratified by him, and bain etc might not be able to readjust to an owner like that Link to post Share on other sites More sharing options...
JM1872 3,776 Posted April 22, 2011 Share Posted April 22, 2011 Holy shit! Imagine the 4 way ownership - Paul Murray, Dave King, Douglas Parks and Craig Whyte.If they could all come to an agreement and work together in harmony we would be even more dominant.If Whyte really does want to join forces then perhaps he's taken into account Murray's "Rangers should never be run by one man again" theory! Link to post Share on other sites More sharing options...
50ShadesofBlue 667 Posted April 22, 2011 Share Posted April 22, 2011 About fucking time. It's the sensible thing to do! Link to post Share on other sites More sharing options...
Lee_RFC 6 Posted April 22, 2011 Share Posted April 22, 2011 whats Messi's agents number Link to post Share on other sites More sharing options...
jdocherty72 215 Posted April 22, 2011 Share Posted April 22, 2011 If this was to happen, we'd easily become one of the forces in Europe to reckon with, fuck your Manchester teams, Yer Barca & Real, WE ARE RANGERS! Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 22, 2011 Share Posted April 22, 2011 it doesnt matter who, if their decisions are within Lloyds budget they can pretty much do whatever they want just nowunder whytes ownership i doubt they'll have that power, every decision would have to be ratified by him, and bain etc might not be able to readjust to an owner like thatand here i though the manager spent the budget. Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 22, 2011 Share Posted April 22, 2011 i think people need to calm down abit Link to post Share on other sites More sharing options...
Muff 245 Posted April 22, 2011 Share Posted April 22, 2011 i think people need to calm down abitJust a little Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 22, 2011 Share Posted April 22, 2011 Just a little the trouble is i dont think they are all joking. Link to post Share on other sites More sharing options...
rabmac1 34 Posted April 22, 2011 Share Posted April 22, 2011 If they are these big rangers men the keep saying the are this is the way to show think about rangers and not themselves Link to post Share on other sites More sharing options...
Gazzalivesforever 2,001 Posted April 22, 2011 Share Posted April 22, 2011 If this was to happen, we'd easily become one of the forces in Europe to reckon with, fuck your Manchester teams, Yer Barca & Real, WE ARE RANGERS!Lay off that crack pipe pal. Link to post Share on other sites More sharing options...
thebooler 4,509 Posted April 22, 2011 Share Posted April 22, 2011 i doubt the current board would work with whyteSDM has practically given the current board free reign on running the club, if whyte takes over, that wont happen surelyEDIT: Didnae read the OP properly. Link to post Share on other sites More sharing options...
thebooler 4,509 Posted April 22, 2011 Share Posted April 22, 2011 Ach well........................git the Popcorn in for anither "Takeover Weekend" Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 22, 2011 Share Posted April 22, 2011 Would the current Board still be the Board if Whyte takes over?i think initilly yes. dave king may have enough shares to force his retention but the rest could be replaced fairly quickly i think. Link to post Share on other sites More sharing options...
jdocherty72 215 Posted April 22, 2011 Share Posted April 22, 2011 Lay off that crack pipe pal.We've proved it before. Europa League we could definetly win it, Champions League, get to the quarters at least. Link to post Share on other sites More sharing options...
thebooler 4,509 Posted April 22, 2011 Share Posted April 22, 2011 We've proved it before. Europa League we could definetly win it, Champions League, get to the quarters at least.Keep thinking like that mate - there's not enough of ye nowadays. Link to post Share on other sites More sharing options...
Plamf 39 Posted April 22, 2011 Share Posted April 22, 2011 Just what we need - no clear ownership, decentralised decision making and constant power struggles.Football is an egotistical business and one leader needs to take control. Link to post Share on other sites More sharing options...
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