julescotia 11,407 Posted March 14, 2012 Share Posted March 14, 2012 A BILLION pound American investment bank is behind a sensational Rangers takeover bid.SunSport can reveal that New-York based Fortress, which currently boasts assets of £27BILLION, has expressed definite interest with administrators Duff and Phelps and it is understood the Yanks' move is being taken seriously — while a Far East consortium from Singapore continue to weigh up their options.An insider close to the deal told SunSport: "This American company has piles of cash behind them and they are turn-around specialists."Fortress Investment Group was set up as a private equity firm in 1998 by mega-rich American duo Wesley Edens, 50 and Robert Kauffman, 48.Four years ago dad-of-four Edens, 51, was ranked 962 on the Forbes World rich list with a personal fortune of around £770million.Just one year earlier the magazine ranked Kauffman at 557 with a bulging bank balance of £1.1billion.Fortress began as an equity company before expanding into hedge funds, real estate and debt securities.It is unclear as yet if the corporate giants have been approached by Gers supporting businessmen trying to rescue the stricken club, who were plunged into administration last month over an unpaid tax bill.Rival bidders are preparing to show their hands as the Friday deadline looms for new owners to prove they are serious about buying the stricken SPL champs.Paul Murray and his Blue Knights, who include London-based John Bennett and Scott Murdoch and motor tycoon Douglas Park, still believe they are in pole position to snap up Rangers.Ex-director Murray, 46, who has the backing of fans groups and ex-Gers gaffer Walter Smith, inists he is confident of formalising his bid in the next 48 hours.Now he could face Stateside opposition.Read more: http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4193153/American-big-guns-make-move-for-Gers.html#ixzz1p2pOZPE1 Quote Link to post Share on other sites More sharing options...
bilko89 507 Posted March 14, 2012 Share Posted March 14, 2012 Touchdown Quote Link to post Share on other sites More sharing options...
The Beast 9,276 Posted March 14, 2012 Share Posted March 14, 2012 The BK fanboys wont like this. Quote Link to post Share on other sites More sharing options...
ManchestGer 347 Posted March 14, 2012 Share Posted March 14, 2012 Some serious money there Quote Link to post Share on other sites More sharing options...
'o'rangerblue 89 Posted March 14, 2012 Share Posted March 14, 2012 has piles of cash behind them and they are turn-around specialistsdidn't they write that about Craig Whyte Anyway, the more interest the better Quote Link to post Share on other sites More sharing options...
Phil 1,150 Posted March 14, 2012 Share Posted March 14, 2012 Seems like a few of the bidders are coming out in the open now could be with the amount of publicity TBK have been getting and how yesterday certain papers were saying they were the 'only show in town'. Now today we've got a billion pound American company and the Singapore consortium in the papers Quote Link to post Share on other sites More sharing options...
DiniKen 11 Posted March 14, 2012 Share Posted March 14, 2012 This sound too good to be true Quote Link to post Share on other sites More sharing options...
BCLoyal9 53 Posted March 14, 2012 Share Posted March 14, 2012 After a lull in news , it seems like the cards are finding their way onto the table.... Quote Link to post Share on other sites More sharing options...
The Beast 9,276 Posted March 14, 2012 Share Posted March 14, 2012 didn't they write that about Craig Whyte Anyway, the more interest the better Craig Whyte said that about Craig Whyte.These guys sound like serious players as do the Singaporean consortium.With Kennedy as a third option hopefully this means TBK will be totally out of the running. Quote Link to post Share on other sites More sharing options...
linfield1690 4,249 Posted March 14, 2012 Share Posted March 14, 2012 oh fucking yes Quote Link to post Share on other sites More sharing options...
bilko89 507 Posted March 14, 2012 Share Posted March 14, 2012 Away for a cheeseburger to celebrate Quote Link to post Share on other sites More sharing options...
disgruntled_bear 157 Posted March 14, 2012 Share Posted March 14, 2012 Think we have a winner. Fingers crossed it's true. Quote Link to post Share on other sites More sharing options...
Bear94 16 Posted March 14, 2012 Share Posted March 14, 2012 Here's hoping Quote Link to post Share on other sites More sharing options...
The Hammer 11 2,671 Posted March 14, 2012 Share Posted March 14, 2012 Heard messi has a $250 million release clause Quote Link to post Share on other sites More sharing options...
harlands plater 17,065 Posted March 14, 2012 Share Posted March 14, 2012 This sound too good to be true It must be true, it's The Sun Quote Link to post Share on other sites More sharing options...
The Beast 9,276 Posted March 14, 2012 Share Posted March 14, 2012 A lot of women called Bernadette and wee scabby dugs called Henrik will be getting a kicking this weekend Quote Link to post Share on other sites More sharing options...
WVB 2,560 Posted March 14, 2012 Share Posted March 14, 2012 http://www.youtube.com/watch?v=6-I-3ISQK1E&skipcontrinter=1 Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted March 14, 2012 Share Posted March 14, 2012 http://www.youtube.com/watch?v=6-I-3ISQK1E&skipcontrinter=1Yeah, I think there would be a fair few whistling Dixie if this came to pass. Quote Link to post Share on other sites More sharing options...
LeeWallaceRFC 3,920 Posted March 14, 2012 Share Posted March 14, 2012 SunSport can reveal that New-York based Fortress, which currently boasts assets of £27BILLION, has expressed definite interest with administrators Duff and Phelps and it is understood the Yanks' move is being taken seriously — while a Far East consortium from Singapore continue to weigh up their options.An insider close to the deal told SunSport: "This American company has piles of cash behind them and they are turn-around specialists."Fortress Investment Group was set up as a private equity firm in 1998 by mega-rich American duo Wesley Edens, 50 and Robert Kauffman, 48.Four years ago dad-of-four Edens, 51, was ranked 962 on the Forbes World rich list with a personal fortune of around £770million.Just one year earlier the magazine ranked Kauffman at 557 with a bulging bank balance of £1.1billion.Fortress began as an equity company before expanding into hedge funds, real estate and debt securities.It is unclear as yet if the corporate giants have been approached by Gers supporting businessmen trying to rescue the stricken club, who were plunged into administration last month over an unpaid tax bill.Rival bidders are preparing to show their hands as the Friday deadline looms for new owners to prove they are serious about buying the stricken SPL champs.Paul Murray and his Blue Knights, who include London-based John Bennett and Scott Murdoch and motor tycoon Douglas Park, still believe they are in pole position to snap up Rangers.Ex-director Murray, 46, who has the backing of fans groups and ex-Gers gaffer Walter Smith, inists he is confident of formalising his bid in the next 48 hours.Now he could face Stateside opposition.http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4193153/American-big-guns-make-move-for-Gers.html Quote Link to post Share on other sites More sharing options...
LeeWallaceRFC 3,920 Posted March 14, 2012 Share Posted March 14, 2012 Already a thread, sorry. Mods delete this. Quote Link to post Share on other sites More sharing options...
harlands plater 17,065 Posted March 14, 2012 Share Posted March 14, 2012 Awaiting a post from Tesco Ranger claiming these are the guys he was talking about all along. Quote Link to post Share on other sites More sharing options...
Gillete 1,338 Posted March 14, 2012 Share Posted March 14, 2012 Now we are fucking talking Quote Link to post Share on other sites More sharing options...
Turnberry18 3,204 Posted March 14, 2012 Share Posted March 14, 2012 Awaiting a post from Tesco Ranger claiming these are the guys he was talking about all along. Quote Link to post Share on other sites More sharing options...
sergio 1,199 Posted March 14, 2012 Share Posted March 14, 2012 A lot of women called Bernadette and wee scabby dugs called Henrik will be getting a kicking this weekend Funny you should say that - a Taig neighbours dug called lubo. passed away the day we won the title at Killie .... coincidence ? Quote Link to post Share on other sites More sharing options...
Gillete 1,338 Posted March 14, 2012 Share Posted March 14, 2012 Gillete punches air in delight and goes to bed with a big smile Quote Link to post Share on other sites More sharing options...
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