No Love Lost as Rangers fans plan another protest against Lloyds Bank
Published: February 8, 2010
Rangers fans are planning another protest at the goings on at the club, demanding answers. The protest is planned for Valentines Day – 14th February. A Statement has been sent to all Rangers forums to get as much exposure as possible.
The statement:
For 18 months, Rangers fans have seen key assets sold for relatively low fees and have seen absolutely no investment in the playing staff or fabric of the club. Rumours emanating from various sources, including from within the club, are plentiful concerning Mr. Muir and his involvement at the club, including the suggestion he was only appointed after pressure from Lloyds TSB.
Despite questions being asked, there have been no clear answers. Journalists have been refused interviews and nothing at all has been done to help ease the minds of the Rangers support. Mr Muir has agreed to take on the responsibility of becoming a Rangers director and he therefore has the responsibility of answering to the support, which has refused to do. There is clearly a groundswell of feeling amongst the Rangers support that we are being ignored in the on-going process of finding our place in the modern era. This has to stop, and this is why we, a group of unconnected Rangers fans have got together to issue this statement.
We would therefore call on the Rangers Board of Directors, Mr. Muir and Lloyds TSB to answer the following questions:
• Have contracts been offered to key players, for example Kris Boyd?
• Have any contract offers been subsequently altered or blocked by Mr Muir?
• What are Mr Muir’s exact responsibilities on the Rangers Board and does he have the ability to overrule the decisions of other directors?
• Does Martin Bain have to clear any decisions with Mr Muir?
• Did Walter Smith have the option of reinvesting the funds generated by the sale of Pedro Mendes and the release of Jerome Rothen?
• Were any requests for new players, either purchased or on loan, during the recent transfer window blocked by any or all of the Rangers Board? If so, who made this decision?
• Has an informal offer for the club been made? And if so on what grounds was it deemed unacceptable?
• Who is making any decision in respect of the selling price of the club and whether any offer for the club is accepted or rejected?
• Are Lloyds TSB insisting on full repayment of the debt prior to the club being sold?
• Is there an ongoing issue with Sir David Murray and his share-holding in the club?
• Does Mr. Murray have any input on the sale of our club?We would also call on any prospective new owners of Rangers Football Club to make themselves known. This would allow the support to give full and honest consideration to anything they have to say. We would call on Murray International Holdings Ltd or Lloyds TSB to release them from any non-disclosure agreement to allow the support to assess the plans for our club.
At this time we believe the best way forward is a peaceful protest on the stands until these questions are answered. Display of banners both before the game and at half time are planned during the next home game on 14th February.
We are fully supportive of the work Walter Smith and the players have been doing and would like to stress that any protest is aimed in no way at the playing staff or the management team.
There is scope for future protest outside of the stadium and we see that avenue to be more for any escalation of activity. We are not trying to start a witch-hunt against any individual or group and understand that any debt that the club owes requires to be repaid over a reasonable timescale, We simply demand that our questions are answered. We request that people who agree with the aims of this protest refrain from demonstrating outside on this occasion.
This protest is not a one off. The goals are ones that every one of us demands to see fulfilled and should we be unsuccessful initially we are committed to further protest until answers are given.
The group have conducted their campaign online on the social networking site Facebook: Protest campaign
What are your views on another planned protest by the Rangers fans? We would like to hear from Rangers fans on the proposed protest – what are your views?
Tagged with: lloyds, protest, Rangers
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16 Comments on "No Love Lost as Rangers fans plan another protest against Lloyds Bank"
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dannybhoy on Mon, 8th Feb 2010 11:42 am
In the great Scheme of things here who do these fans think they are if the Business decides to keep certain procedures quiet for now then thats up to the board the fans dont run the club they will get there answars in due time.
Ryan on Mon, 8th Feb 2010 12:34 pm
As far as I know Rangers fans were offerd the option to invest in the club they hold so close to their hearts when Minty Moonbeams floated a share issue a couple of years back. Hardly a rip-roaring success was it? (If memory serves correctly he underwrote £50m of the £51.5m raised)
The chance to have a voice was passed over. The ‘threats’ and empty rhetoric won’t cut much ice with a multi-billion pound worldwide financial institute.
damien on Mon, 8th Feb 2010 12:55 pm
dannybhoys, indeed the fans don’t run the club, but the fans are the basis of the club, therefore they are entitled to know how that club is looking to the future. Not the ins and outs, but they need a clear message from Rangers and Lloyds as to what the future holds.
Rangers aren’t is as bad trouble as all the scare stories in the paper would have us believe. If that was the case where was the mass firesale they told us about?
And Ryan, remember it was not that long ago that us British taxpayers paid out said bank when they contributed to the current worldwide financial difficulties.
The share issue floated by Murray was ill-conceived at a time when Murray thought he had all Rangers supporters in the palm of his hand. There has and always will be a mass distrust of this man within the support, is it any wonder many weren’t willing to part with their cash.
This protest will achieve nothing in how as stated above ‘procedural matters’ are carried out but it will show Rangers and Lloyds that the fans are concerned and a wish to be communicated to.
ParisLoyal on Mon, 8th Feb 2010 1:26 pm
I have an Idea for the good of scottish football.
Why not let Stirling Albion, Hibs, Killie et al borrow 50 million from HBOS
They could all spend 30 million on players, wages and paying off their other debts.
They could then give notice to HBOS that they will default on the loans, then ask HBOS to reschedule the debt, then offer to pay 20 million back to the bank instead of the original 50 million.
That would be 40 pence payback to the bank for each pound actually owed.
Does this sound familiar?
If Rangers fans think Rangers can do that then why not everyone and every club?
Hail! Hail!
hoorayhenry on Mon, 8th Feb 2010 3:08 pm
Rhyan and Dhanny
Rangers are 10 points clear (11 if you count the mega goal difference in our favour) of the Glitterdome crew.
53rd Championship predicted to be won on 17th April. Championship Trophy presentation 24th April – sorry you are not invited.
Why are you so concerned about our private finances? I suspect that the reason is, that once the new owner pumps in millions, you know full well, that we’re gonna blow you out of the water (if there’s anything left to blow at the end of this season).
Away and pray, hard.
dannybhoy on Tue, 9th Feb 2010 1:28 am
Hooray in the book of wisdom one of the agreements is “dont make assumptions”.
Ryan on Tue, 9th Feb 2010 9:51 am
YabooHenry,
Quote:-
“I suspect that the reason is, that once the new owner pumps in millions”.
Is this the same hero on a white charger that you have been waiting to appear with a huge chequebook all these years? Keep dreaming.
BTW, continual references to the g******dome as you so laughingly put it are out of order and you are one sick puppy if you think this is harmless banter.
hoorayfor henry on Tue, 9th Feb 2010 4:20 pm
Rhyan – why are you calling me yaboo?
OK so you don’t like ‘Glitterdome’?
Please choose from the following:
1. Monkeyhoose
2. Torbert Towers
3. Bunnet’s folly
4. Dr Death’s castle
Rumour has it that there’s a dodgy pile somewhere, that will bring it down like a pack of cards.
George on Tue, 9th Feb 2010 8:00 pm
“As far as I know Rangers fans were offerd the option to invest in the club they hold so close to their hearts when Minty Moonbeams floated a share issue a couple of years back.”
That was very much aimed at existing shareholders.
As for whether the full debt is repaid, banks often accept less then the full amount of debts from businesses. The businessmen who are reportedly trying to take over Rangers will know this and will naturally be trying to get the best deal.
Getting back to the fans, you cannot sensibly blame them for asking questions and expressing their concerns.
dannybhoy on Wed, 10th Feb 2010 1:04 am
Hooray you will need to come to better agreements with yourself try to be impeccable with your word.
Ryan on Wed, 10th Feb 2010 11:17 am
Yaboo,
Call it anything you want that doesn’t involve the topic of child abuse as a cheap, sickening point-scoring exercise disguised as ‘banter’.
HoorayforHenry on Wed, 10th Feb 2010 5:02 pm
Hmmm Rhyan and Dhanny bhoy – didn’t personally realise it had affected you all in this way.
Anyway I have a better name for you, see:
http://www.youtube.com/watch?v=P6_9qsYxigE&feature=related
How about Methadome???
dannybhoy on Wed, 10th Feb 2010 6:29 pm
Now Now Hooray dont think your parents would be immpressed try to make better agreements with yourself & your comments dont affect me in anyway as i dont take things personally have a nice day.
hooray for henry on Thu, 11th Feb 2010 12:09 am
glad you like it dhanny
methadome it is
Ryan on Thu, 11th Feb 2010 10:39 am
Apologies Yaboo,
I forgot your lot were all handsome, swishing, debonair Greek Adonises & ,erm, Adonesses?
I had a brief job at the Ibrox ticket office and worked there on a few matchdays. It was the opposite of a zoo with all the wild animals looking at you from the outside.
Fortunately the therapy helped a wee bit.
Here’s a wee example of what I mean:-
http://images.google.co.uk/images?hl=en&um=1&q=ugly+huns&sa=N&start=20&ndsp=20
And the creme-de-la-puke:-
http://i37.tinypic.com/mc3ji8.jpg
Apologies in advance to the squeamish and sensitive souls out there.
Ryan on Thu, 11th Feb 2010 3:09 pm
Again I apologise for sending in more pics of YabooHenry and his family. Strange Peepel indeed:-
http://www.youtube.com/watch?v=xMlid88miIQ&feature=related