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The Rangers Standard -- The Fans' Opportunity


DelightfulDennis

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http://www.therangersstandard.co.uk/index.php/articles/current-affairs/198-the-fans-opportunity

By Gordon Stewart

Those of us who attended the Rangers AGM in 2009 will remember, for the first time in my lifetime, a majority of shareholders voting against a motion proposed by the Rangers board. It was whether Donald Muir should continue in his role on the Rangers board. There was a slight buzz around the AGM as those officiating scurried around to find additional voting cards as a vote was more likely in North Korea than at a Rangers AGM.

A show of hands was nigh on unanimously against re-electing Donald Muir and the paper vote was the same. Then the Murray International representative (I cant remember who) placed his vote and the motion was passed and Donald Muir resumed his role on the Rangers board. Nobody reading this will need to be told what has happened to our club since.

But looking back through the past 2 years what was the turning point where things really started to go wrong? It was Murray, under huge pressure from Lloyds bank, selling the club to Craig Whyte for £1 despite being warned by other board members through an independent report he was not fit and proper person to own our club. Donald Muir was the Lloyds man on the board at Ibrox.

Now imagine our club was 51% owned by supporters. The Rangers AGM and all major decisions such as electing board members would be a democratic decision. In 2009 Donald Muir would not have been allowed the Ibrox board room. Lloyds TSB would not have been able to exert the pressure they did on Murray to sell. Craig Whyte would never have owned our club. Last year Rangers would have been going for 4 in a row and with the “big tax case” going our way our debt would be manageable. The Rangers IPO, which closes Tuesday, is our chance to take the first steps towards a fan owned members club.

We will not own 51% of the club on Tuesday. It is a difficult time of year and in times of austerity many supporters do not have the cash readily available to invest right now. However, as we now know, it is better to take many small steps in the right direction than to take a great leap forward only to stumble back.

Many of us thought Whyte was a great leap forward but now look where we are. It has taken Swansea supporters 9 years to own 20% of their club but now look where they are. German clubs are all 51% owned and look where they are (successful in Europe, highest attendance in Europe & cheapest season tickets in Europe). Barcelona and Real Madrid are based on democratic principles and look where they are. Fan ownership does work.

BuyRangers.org is a Community Share scheme which has been set up using the legal status of the Rangers Supporters Trust. Its aim is to pool together the investment of numerous Rangers fans under the one body giving fans a more powerful voice than previously where scattered small shareholders had no say. The minimum investment is a more affordable £125 and it is open to all.

You may not have agreed with everything the RST has said in the past but if you believe in the principle of fan ownership and representation please read the prospectus and visit BuyRangers.org. Investing before the IPO deadline on Tuesday either directly at www.rangersshareoffer.com or through the RST is the only way to ensure your money goes directly to Rangers.

Gordon Stewart is the Secretary of the Rangers Supporters Trust

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The issue with the Donald Muir vote is that fans did not own enough shares, Murray could out vote them.

This is not going to change with BuyRangers, since Green is only releasing 10m worth of shares to fans.

He does say in the article SMALL STEPS. He knows it won't happen overnight.

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I have to admit, I don't know the 'politics' of all these diffirent fans groups. I did read a break down about the trust once about it being set up intially by SDM and as he's person non grata these days, I expect that's why the RST get the same response.

What I do agree with in that article is that Lloyds Bank are to blame for our problems due to the 'presure' they put on us, or SDM, to get their money back.

I'd said this on other sites and was gobsmaked at other posters saying that the bank had a right to their money back.

I agree, theyh did have a right to their money back. Money that they loaned to us on some sort of agreed contract or another. They changed the rules and we complied, but their greed in getting their hands on the money even quicker than the agreement was showed them for what they really are.

Greedy bastards that don't mind having thier industry bailed out by the taxpayer and are in no hurry to pay that money back.

Boycott Lloyds Bank is my stance, that's if you say you never forget.

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I have to admit, I don't know the 'politics' of all these diffirent fans groups. I did read a break down about the trust once about it being set up intially by SDM and as he's person non grata these days, I expect that's why the RST get the same response.

What I do agree with in that article is that Lloyds Bank are to blame for our problems due to the 'presure' they put on us, or SDM, to get their money back.

I'd said this on other sites and was gobsmaked at other posters saying that the bank had a right to their money back.

I agree, theyh did have a right to their money back. Money that they loaned to us on some sort of agreed contract or another. They changed the rules and we complied, but their greed in getting their hands on the money even quicker than the agreement was showed them for what they really are.

Greedy bastards that don't mind having thier industry bailed out by the taxpayer and are in no hurry to pay that money back.

Boycott Lloyds Bank is my stance, that's if you say you never forget.

The bank were entitled to get their money back and we WERE paying it back. In the space of 18 months we had reduced the debt from £31m to £18m.

However, Craig Whyte then came on the scene and the bank saw an opportunity to get the full amount back immediately. They knew we were potentially facing a huge tax bill which could push us over the edge and were therefore determined to get their money back ASAP. Under normal circumstances Whyte wouldn't have got anywhere near our club. The takeover panel all made it crystal clear that this man wasn't right for our club. The bank didn't care though. They just wanted their money, regardless. Ultimately Murray's hands were tied due to the level of debt his company had. Alastair Johntone was even threatened that if he stood in the way of any potential takeover then they would cut off our credit line immediately.

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Brass neck knows no bounds..............would be the same at the rst agm if 32 turned up to vote :matron::7325:

These fuckers are sing every means possible to make themselves look important than they are quite clearly not.

Thay are as important as taking a life jacket to go hill walking.
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Sorry but copy and paste from another thread but.........................

I have been going over and over in my mind about my stance, as to the rst and the people who appear on here at certain times when the rst is looking for money.

And I have to say that I am right, they are nothing more than full of their own self-importance. yeah the odd one or two may be Rangers fans , but they are a huge minority if the overall scheme of things.....................we had them recently trying to bring down bids fro the club.........no one can argue against that.

We then had them announcing to the world that CG had become a member, so much for confidentiality..............we then have them announcing AJ invested with them as before great client confidentiality once again.

It was also been alleged that their spokesperson was informing the press after various meetings with the RFFF , now we have them once again looking for cash.........ask yourself how long has this organisation been on the go for and what have they achieved. They are not alone in this everyother trust involved in scottish football is the same........full of egotistic nobodies looking for something for themselves , just look back at the statements made in the summer from these club trusts, could not wait to see thier names in print and appear on tv/radio. Now i have the leasure (sic) of seeing the fat tosser on tv that is the kingpin of sheeptrust waht a load of keech this cunt spoke on the tv..........now think of the fan base we have and yet the rst has what.100 odd active members with 30 at their meetings, well think how many of the fannies involved with these other trust.

Our club was in dire straights yet this rst had no power whatsoever to do anything to help as they are an nonentity in the overall fanbase, yet they are trotted out to give an opinion........why well the media must have their reasons............and mentioned by myself over many other threads that when they (media) have no further need fpor you they will turn their guns against you with all the juicy dirt they have gathered over the months.

I onec again on a personal level would love to stop giving my answers to their sudden bursts onto RM , yeah when they are looking for cash.........but something in side so strong tells me to keep hitting back at them.

Now after that last highlighted part Labi is away to the lavvy

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The RST/Dingwall buttmonkeys like this Dennis character can't stop with their propaganda.

They wont win many converts on here with their corrupt schemes and plots but I do worry that they might turn the mind of the uninformed Rangers fans who think they will be investing in the club rather than in a discredited organisation that is like a cancer within our wider support.

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The RST/Dingwall buttmonkeys like this Dennis character can't stop with their propaganda.

They wont win many converts on here with their corrupt schemes and plots but I do worry that they might turn the mind of the uninformed Rangers fans who think they will be investing in the club rather than in a discredited organisation that is like a cancer within our wider support.

I have no connection to the RST and have never been a member. Just thought i'd post an article which may be of interest, that is all.

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I have no connection to the RST and have never been a member. Just thought i'd post an article which may be of interest, that is all.

Since you frequently (almost exclusively) post to defend or promote the RST/Dingwall, I think you're a liar.

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Strange that the RST and Dingwall say they are all for democracy and being open yet ban members of their own forum without even giving them a reason. Personally I have received several temporary bans. When I enquired why I was told YOU KNOW WHY! Aye, I do, they are a bunch of power hungry fuds who think they don't have to answer to honest Bears.

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