Rangers fans set to hold board to account

THE Union of Fans hope to have an account set up for Rangers supporters to pool their season ticket money into within the next 10 days.

Loading Comments
Share
Print
Rangers fans may be able to pool season ticket money within 10 days
Rangers fans may be able to pool season ticket money within 10 days

The union, which comprises six supporters organisations, is urging over 35,000 of their fellow fans NOT to renew their season tickets this summer.

The umbrella group has called on the club board to give Gers supporters security over both Ibrox and Murray Park in return for their cash.

A company that has former director Dave King and ex-captain Richard Gough as directors has been set up to hold the security if it is granted.

Rangers chairman David Somers last month warned that withholding season ticket money could risk the Ibrox club being unable to "continue as a going concern".

But a strongly-worded Union statement read: "We have been making steady progress on the set-up required for the season ticket fund.

"We understand the frustration of fans who wish to contribute, but we would ask them to understand that we must ensure it is set up properly, legally and with total transparency.

"We thank them for their patience and can assure them that an alternative to placing blind faith in this board will be in place shortly.

"We will have a website in place within the next 10 days, ahead of the May 6 deadline, where fans can register their details and securely place their season ticket money.

"This money will only be passed to the club in return for season tickets if security is granted over Ibrox and Auchenhowie. Those are our only conditions.

"If that security is not granted then fans will retain their money and can decide themselves how to proceed at the start of the new season."

Meanwhile, the Union has urged Rangers chief executive Graham Wallace, who will reveal the findings of his 120 day review tomorrow, to outline where the IPO money went.

The statement continued: "It has now been over four months since Mr Wallace's AGM pledge and we expect, given the length of time it has taken, that this business review will give a full and comprehensive picture of the way forward for the club.

"We expect to see a full breakdown of the how the club arrived at the point where it required to borrow funds simply to complete the current season.

"This should include a full breakdown of where the IPO money went. In particular, detail of the sky high placement costs, related fees and who those fees were paid to and why.

"We expect to see full detail of who will be providing the £30-£50m required to take Rangers back to the level we should be operating at, in the absence of this board accepting the offer of investment from Dave King.

"We also expect to be told exactly when this will be provided, on what terms and a clear plan of how it will be used to rebuild the club both on and off the park.

"We hope that this review will not simply be more, vague, corporate speak. We want to see tangible, measurable progress and firm commitments on the huge investment required."

Meanwhile, Rangers have been linked with former Everton and Liverpool director of communications Paul Tyrrell.

Football

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

160851

Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
Michelle McManus

Michelle McManus

Sussed in the City

New Year resolutions

Times Out

Entertainment

Lifestyle

TV Advert
Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.

Games news:

Putting the world to rights

Gail's Gab

Yorkhill does great work and Black Friday

Cat’s Eyes on Glasgow

Cat’s Eyes on Glasgow

Cat Cubie’s job is to find and share with you the fabulous things the city has to offer, from gigs to gastro.