Club Statement

I've lost so much respect for Lennon. I wont go down the road of personally abusing the guy but this is man who said he was ready to quit for the good of the club in his previous term as manager. What's the difference now. Heavy defeats in Europe. Beaten by our rivals. Knocked out of a cup for the 1st time in years. 2 wins in 10. 4 losses at home for the first time since the 50s. Why isn't he putting the club 1st??
He's obviously delusional
 
must be statement o clock time someones checking out


tony 1st December 2020 at 18:08

dave king sells shares
  • 59 minutes ago
  • #1
Press Release – 1st December 2020
Club 1872 can today announce that former Rangers Chairman, Dave King has agreed to sell his entire shareholding in Rangers International Football Club (RIFC) Plc to Club 1872. The sale, when complete, will make Club 1872 the largest, single shareholder in RIFC Plc.
The structure of the deal gives Club 1872 three years to complete the purchase – with the opportunity to purchase the entire shareholding prior to December 2021 for a price of 20p per share which is below Dave’s cost. Club 1872 will aim to create over 20,000 legacy members of the organisation, each of whom will retain a lifetime vote on the shares held in RIFC.
It has also been agreed with the RIFC Board that both Club 1872 and Dave King will have the right to participate in any impending share issue of RIFC. This means that, should Rangers require it, they will continue to be supported by Club 1872 contributors’ donations to Club 1872 for the term of the agreement and that the combined shareholding need not be diluted as long as Club 1872 has funds available to participate.
Dave King said,
“During regime change and throughout my Chairmanship I have advocated for increased supporter influence at the shareholder level and I provided opportunities for Club 1872 to participate in every share issue that was undertaken. I did this partly to express my appreciation to those supporters and supporter groups who actively assisted me in securing regime change and partly to ensure that all supporters (whether shareholders or not) retain an influential voice in directing the affairs of their Club. It is my sincere hope that “Never Again” will supporters become as disconnected and disempowered as they were at the time of my re-engagement with the Club over 6 years ago.
After completion of my service as Chairman I took time to consider how I can create a final legacy by giving supporters – including future generations – substantial shareholder influence for the first time in the almost 150 years history of our Club. The time to launch a “Never Again” campaign is now.
I made it repeatedly clear that I reinvested in the Club somewhat reluctantly and only because without my support it was proving impossible for local Scottish supporters to martial sufficient financial resources to save Rangers from the impending doom that was unavoidable at that time. In addition I committed to investing further and doing whatever else it took (e.g. getting rid
of Sports Direct/Mike Ashley) to see Rangers competing for Scottish titles and in Europe. That is firmly the case now.
As I look forward I must recognise that my family is based in South Africa and I cannot be certain as to what approach they would take to owning shares in the Club when I can no longer influence this. After considering the possible options I concluded that the only meaningful way I could deliver enduring supporter influence in my absence would be to allow supporters – via Club 1872 – to increase their influence at shareholder level by acquiring my shares over a period of time that is considered to be achievable by Club 1872.
I do not intend to profit from my efforts over the last 6 years to save our Club, even though the Club is now substantially more valuable partly through my efforts. I am happy that supporters get this increased value as without them we would not have achieved the full recovery that was completed with the recent fund raise.
I have agreed therefore to transfer my shares to Club 1872 at my historical cash cost of acquisition (which includes professional fees) and to allow Club 1872 a period of three years to build up the supporter backing that will be necessary to achieve this. My all-in cost is 23.7p per share and I am willing to put a pricing structure in place that accommodates 20p as the initial price to be consistent with the present share issue and, at Club 1872’s request, I have included an option for Club 1872 to buy all of the shares at 20p which would result in a loss to me. In my view the shares are presently worth in excess of 50p if properly valued.
I have coined the term “Never Again" as I truly believe that this is a once in a lifetime opportunity to make supporters – in perpetuity- the number one shareholder in the Club. Fortunately, the present Board supported me in my vision to see an increased shareholder influence for our fans but we cannot be sure of the fondness for this by future directors. The time to achieve this is therefore now.
Through my engagement with Club 1872 and its present board members (who are all dedicated volunteers) I have developed great trust in the individuals and the organisation. I have personally witnessed the strong benefit to the Club of having a collective voice for supporters at the shareholder level. It has been beneficial to have in Club 1872 a supporter group that is willing to challenge the Club when it feels necessary to do so and is also willing to support the Board when key resolutions that protect the Club need to be passed. Club 1872 did that extremely well during my period as Chairman to the extent that I have
absolute confidence that Club 1872 is the right vehicle for me to work with to advance supporter shareholder ownership – both now and in the future.
I would urge Rangers supporters to join Club 1872 today and ensure that the events of 2012 can “Never Again” be repeated."
Club 1872 Director, Laura Fawkes said,
“This is a huge moment for both Club 1872 and the Rangers support. We are very grateful to Dave King for his faith in Club 1872 and the Club 1872 Board and for his ongoing commitment to ensuring that the ownership structure of Rangers remains a very healthy mix of wealthy individuals and the wider supporter base.
As Club 1872 Directors, we are very proud to present this opportunity to the Rangers support. We now need over 20,000 Rangers supporters to take up the baton, join Club 1872 and ensure that the events of 2012 can never happen again. It would be a seminal moment for both Rangers Football Club and the supporters if we could achieve the position of being the largest shareholder in Rangers in time for the 150th anniversary of the club in 2022.
The rebuilding of the Club, largely overseen by the Rangers Board under Dave King’s Chairmanship, has been remarkable – from the position in 2012 to once again challenging for domestic titles and in European competition. Club 1872 can continue to assist with that process whilst ensuring that the wellbeing of the club remains at the centre of decision making in the longer term.
We fully understand the financial pressures that supporters are under in the current economic climate, and the huge contribution they have already made to Rangers this season through season ticket sales and merchandise. But, if they can dig deep one more time and join Club 1872 today as legacy members, then over the next couple of years we can together ensure that the club will remain in safe hands for generations to come."

FFS how gullible can they be, get your big box of confetti. Black Friday sale
 
must be statement o clock time someones checking out


tony 1st December 2020 at 18:08

dave king sells shares
  • 59 minutes ago

  • #1
Press Release – 1st December 2020
Club 1872 can today announce that former Rangers Chairman, Dave King has agreed to sell his entire shareholding in Rangers International Football Club (RIFC) Plc to Club 1872. The sale, when complete, will make Club 1872 the largest, single shareholder in RIFC Plc.
The structure of the deal gives Club 1872 three years to complete the purchase – with the opportunity to purchase the entire shareholding prior to December 2021 for a price of 20p per share which is below Dave’s cost. Club 1872 will aim to create over 20,000 legacy members of the organisation, each of whom will retain a lifetime vote on the shares held in RIFC.
It has also been agreed with the RIFC Board that both Club 1872 and Dave King will have the right to participate in any impending share issue of RIFC. This means that, should Rangers require it, they will continue to be supported by Club 1872 contributors’ donations to Club 1872 for the term of the agreement and that the combined shareholding need not be diluted as long as Club 1872 has funds available to participate.
Dave King said,
“During regime change and throughout my Chairmanship I have advocated for increased supporter influence at the shareholder level and I provided opportunities for Club 1872 to participate in every share issue that was undertaken. I did this partly to express my appreciation to those supporters and supporter groups who actively assisted me in securing regime change and partly to ensure that all supporters (whether shareholders or not) retain an influential voice in directing the affairs of their Club. It is my sincere hope that “Never Again” will supporters become as disconnected and disempowered as they were at the time of my re-engagement with the Club over 6 years ago.
After completion of my service as Chairman I took time to consider how I can create a final legacy by giving supporters – including future generations – substantial shareholder influence for the first time in the almost 150 years history of our Club. The time to launch a “Never Again” campaign is now.
I made it repeatedly clear that I reinvested in the Club somewhat reluctantly and only because without my support it was proving impossible for local Scottish supporters to martial sufficient financial resources to save Rangers from the impending doom that was unavoidable at that time. In addition I committed to investing further and doing whatever else it took (e.g. getting rid
of Sports Direct/Mike Ashley) to see Rangers competing for Scottish titles and in Europe. That is firmly the case now.
As I look forward I must recognise that my family is based in South Africa and I cannot be certain as to what approach they would take to owning shares in the Club when I can no longer influence this. After considering the possible options I concluded that the only meaningful way I could deliver enduring supporter influence in my absence would be to allow supporters – via Club 1872 – to increase their influence at shareholder level by acquiring my shares over a period of time that is considered to be achievable by Club 1872.
I do not intend to profit from my efforts over the last 6 years to save our Club, even though the Club is now substantially more valuable partly through my efforts. I am happy that supporters get this increased value as without them we would not have achieved the full recovery that was completed with the recent fund raise.
I have agreed therefore to transfer my shares to Club 1872 at my historical cash cost of acquisition (which includes professional fees) and to allow Club 1872 a period of three years to build up the supporter backing that will be necessary to achieve this. My all-in cost is 23.7p per share and I am willing to put a pricing structure in place that accommodates 20p as the initial price to be consistent with the present share issue and, at Club 1872’s request, I have included an option for Club 1872 to buy all of the shares at 20p which would result in a loss to me. In my view the shares are presently worth in excess of 50p if properly valued.
I have coined the term “Never Again" as I truly believe that this is a once in a lifetime opportunity to make supporters – in perpetuity- the number one shareholder in the Club. Fortunately, the present Board supported me in my vision to see an increased shareholder influence for our fans but we cannot be sure of the fondness for this by future directors. The time to achieve this is therefore now.
Through my engagement with Club 1872 and its present board members (who are all dedicated volunteers) I have developed great trust in the individuals and the organisation. I have personally witnessed the strong benefit to the Club of having a collective voice for supporters at the shareholder level. It has been beneficial to have in Club 1872 a supporter group that is willing to challenge the Club when it feels necessary to do so and is also willing to support the Board when key resolutions that protect the Club need to be passed. Club 1872 did that extremely well during my period as Chairman to the extent that I have
absolute confidence that Club 1872 is the right vehicle for me to work with to advance supporter shareholder ownership – both now and in the future.
I would urge Rangers supporters to join Club 1872 today and ensure that the events of 2012 can “Never Again” be repeated."
Club 1872 Director, Laura Fawkes said,
“This is a huge moment for both Club 1872 and the Rangers support. We are very grateful to Dave King for his faith in Club 1872 and the Club 1872 Board and for his ongoing commitment to ensuring that the ownership structure of Rangers remains a very healthy mix of wealthy individuals and the wider supporter base.
As Club 1872 Directors, we are very proud to present this opportunity to the Rangers support. We now need over 20,000 Rangers supporters to take up the baton, join Club 1872 and ensure that the events of 2012 can never happen again. It would be a seminal moment for both Rangers Football Club and the supporters if we could achieve the position of being the largest shareholder in Rangers in time for the 150th anniversary of the club in 2022.
The rebuilding of the Club, largely overseen by the Rangers Board under Dave King’s Chairmanship, has been remarkable – from the position in 2012 to once again challenging for domestic titles and in European competition. Club 1872 can continue to assist with that process whilst ensuring that the wellbeing of the club remains at the centre of decision making in the longer term.
We fully understand the financial pressures that supporters are under in the current economic climate, and the huge contribution they have already made to Rangers this season through season ticket sales and merchandise. But, if they can dig deep one more time and join Club 1872 today as legacy members, then over the next couple of years we can together ensure that the club will remain in safe hands for generations to come."

FFS how gullible can they be, get your big box of confetti. Black Friday sale
'Dig deep,one more time'!
 
I'm confused...does he have the companies best interest at heart or the clubs best interest at heart?? Are the club and companies interests the same. Because having lenny in charge is in the companies best interest. Cheaper option. Gives sevco more chance of survival with title win and champs league money. And the clubs best interest would be to try get someone else in who possibly has a chance, maybe not a huge one but at least a chance to turn things around and deliver the 10.....im starting to wonder if it was PL that gave the huns the whole club/company idea in the 5-way-agreement meetings...
I think that the club is the bit that the fans can put their hard earned cash into and the company is the bit that the board tries to keep the fans away from.
 
I've lost so much respect for Lennon. I wont go down the road of personally abusing the guy but this is man who said he was ready to quit for the good of the club in his previous term as manager. What's the difference now. Heavy defeats in Europe. Beaten by our rivals. Knocked out of a cup for the 1st time in years. 2 wins in 10. 4 losses at home for the first time since the 50s. Why isn't he putting the club 1st??
The answer to that young Lubo is Ego. Lennon is only man in country to believe he can turn it around. We know he can't. ☘️☘️
 
must be statement o clock time someones checking out


tony 1st December 2020 at 18:08

dave king sells shares
  • 59 minutes ago

  • #1
Press Release – 1st December 2020
Club 1872 can today announce that former Rangers Chairman, Dave King has agreed to sell his entire shareholding in Rangers International Football Club (RIFC) Plc to Club 1872. The sale, when complete, will make Club 1872 the largest, single shareholder in RIFC Plc.
The structure of the deal gives Club 1872 three years to complete the purchase – with the opportunity to purchase the entire shareholding prior to December 2021 for a price of 20p per share which is below Dave’s cost. Club 1872 will aim to create over 20,000 legacy members of the organisation, each of whom will retain a lifetime vote on the shares held in RIFC.
It has also been agreed with the RIFC Board that both Club 1872 and Dave King will have the right to participate in any impending share issue of RIFC. This means that, should Rangers require it, they will continue to be supported by Club 1872 contributors’ donations to Club 1872 for the term of the agreement and that the combined shareholding need not be diluted as long as Club 1872 has funds available to participate.
Dave King said,
“During regime change and throughout my Chairmanship I have advocated for increased supporter influence at the shareholder level and I provided opportunities for Club 1872 to participate in every share issue that was undertaken. I did this partly to express my appreciation to those supporters and supporter groups who actively assisted me in securing regime change and partly to ensure that all supporters (whether shareholders or not) retain an influential voice in directing the affairs of their Club. It is my sincere hope that “Never Again” will supporters become as disconnected and disempowered as they were at the time of my re-engagement with the Club over 6 years ago.
After completion of my service as Chairman I took time to consider how I can create a final legacy by giving supporters – including future generations – substantial shareholder influence for the first time in the almost 150 years history of our Club. The time to launch a “Never Again” campaign is now.
I made it repeatedly clear that I reinvested in the Club somewhat reluctantly and only because without my support it was proving impossible for local Scottish supporters to martial sufficient financial resources to save Rangers from the impending doom that was unavoidable at that time. In addition I committed to investing further and doing whatever else it took (e.g. getting rid
of Sports Direct/Mike Ashley) to see Rangers competing for Scottish titles and in Europe. That is firmly the case now.
As I look forward I must recognise that my family is based in South Africa and I cannot be certain as to what approach they would take to owning shares in the Club when I can no longer influence this. After considering the possible options I concluded that the only meaningful way I could deliver enduring supporter influence in my absence would be to allow supporters – via Club 1872 – to increase their influence at shareholder level by acquiring my shares over a period of time that is considered to be achievable by Club 1872.
I do not intend to profit from my efforts over the last 6 years to save our Club, even though the Club is now substantially more valuable partly through my efforts. I am happy that supporters get this increased value as without them we would not have achieved the full recovery that was completed with the recent fund raise.
I have agreed therefore to transfer my shares to Club 1872 at my historical cash cost of acquisition (which includes professional fees) and to allow Club 1872 a period of three years to build up the supporter backing that will be necessary to achieve this. My all-in cost is 23.7p per share and I am willing to put a pricing structure in place that accommodates 20p as the initial price to be consistent with the present share issue and, at Club 1872’s request, I have included an option for Club 1872 to buy all of the shares at 20p which would result in a loss to me. In my view the shares are presently worth in excess of 50p if properly valued.
I have coined the term “Never Again" as I truly believe that this is a once in a lifetime opportunity to make supporters – in perpetuity- the number one shareholder in the Club. Fortunately, the present Board supported me in my vision to see an increased shareholder influence for our fans but we cannot be sure of the fondness for this by future directors. The time to achieve this is therefore now.
Through my engagement with Club 1872 and its present board members (who are all dedicated volunteers) I have developed great trust in the individuals and the organisation. I have personally witnessed the strong benefit to the Club of having a collective voice for supporters at the shareholder level. It has been beneficial to have in Club 1872 a supporter group that is willing to challenge the Club when it feels necessary to do so and is also willing to support the Board when key resolutions that protect the Club need to be passed. Club 1872 did that extremely well during my period as Chairman to the extent that I have
absolute confidence that Club 1872 is the right vehicle for me to work with to advance supporter shareholder ownership – both now and in the future.
I would urge Rangers supporters to join Club 1872 today and ensure that the events of 2012 can “Never Again” be repeated."
Club 1872 Director, Laura Fawkes said,
“This is a huge moment for both Club 1872 and the Rangers support. We are very grateful to Dave King for his faith in Club 1872 and the Club 1872 Board and for his ongoing commitment to ensuring that the ownership structure of Rangers remains a very healthy mix of wealthy individuals and the wider supporter base.
As Club 1872 Directors, we are very proud to present this opportunity to the Rangers support. We now need over 20,000 Rangers supporters to take up the baton, join Club 1872 and ensure that the events of 2012 can never happen again. It would be a seminal moment for both Rangers Football Club and the supporters if we could achieve the position of being the largest shareholder in Rangers in time for the 150th anniversary of the club in 2022.
The rebuilding of the Club, largely overseen by the Rangers Board under Dave King’s Chairmanship, has been remarkable – from the position in 2012 to once again challenging for domestic titles and in European competition. Club 1872 can continue to assist with that process whilst ensuring that the wellbeing of the club remains at the centre of decision making in the longer term.
We fully understand the financial pressures that supporters are under in the current economic climate, and the huge contribution they have already made to Rangers this season through season ticket sales and merchandise. But, if they can dig deep one more time and join Club 1872 today as legacy members, then over the next couple of years we can together ensure that the club will remain in safe hands for generations to come."

FFS how gullible can they be, get your big box of confetti. Black Friday sale
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣haaaaa
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

50p a share they’re worth but ill sell you them for 20p.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Imagine Club 1872 and that illiterate twit Houston running ranjurs,

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

there is a god 🙏
 
I like this bit

"Both Club 1872 and Dave King will have the right to participate in any impending share issues, meaning the fan group will not have their shares diluted as long as they have the funding to participate."

In other words the penny shares will stay at the 20p to yous and once you give me the saddle bags I am fucking out of dodge. I thought you only fleeced the sheep in summertime. 3 years for Davie boy to make 13 mill and fuck off leaving Park holding the fort. Next season the huns its predicted are looking at a 20 million hole to be found, good luck with that gamble.
Good time to strike Peter and bring back a bit decency, after all you owe it to the fans, the lifeblood of the club and lets be honest there might not be that pretendy old firm you clung to for the so good of Scottish football and the pennies minus the fans opinions.
 
......................................

So this where we’re at...

What is good for the Company is not necessarily good for the Club.....it is becoming more apparent by the day that there are 2 Celtics in the mind of the Celtic Board.....there’s Celtic the Football Club and Celtic the Company.....this Board will always do what’s in the interests of the Company.....we as a Support are seen as part of the Club.....we’re merely customers.....our Football Club has lost its soul (copyright Michael Duffy).....to the Board it’s all about the money and associations with whoever can provide it.

Well Mr Desmond and Mr Lawwell and to all the rest of our self righteous Board.....you’ll be getting no more money from me or my family.....you can stick your lies and your deceptive and manipulative ways where the sun don’t shine.....you have made a pact with the devil and divided my Football Club.....and we are going pay a heavy price for your nefarious actions.

Celts for change - Now!
Great post absolutely spot on telling it the way it is,wonder what Fergus would think of the clubs board today
 
After Sun & seeing again how NFL decided not change a thing, sticks to a flawed system & not tried any new players!
Still insists on havin Massiv gaps from defence to broony to attack! Unreal!
Obvious flaw & asking for trouble even from shyte sides! but no one at Celtic seems to notice the flaw.
Plus points
Those Celtic fans who want NFL gone asap, maybe closer to their wish.
 
Those Celtic fans who want change but who guess Pistol will hold & not sack NFL, as to do so - would only highlight Pistol Pete as the main problem!
As it was Pistol who hired
NFL
JK
WGS jr
Along with Nicky Hammond,
sacked from WBA (that no one outside of clubs he'd been let go from previous, had ever heard of before) now Head of Football Operations at Celtic Football Club

JS95571676.jpg

Those Celtic fans who think it far more likely that NFL will remain for now (if only because of Pistols dilemma) & see as much risk in replacing him so late in the season are also closer to change.
Closer to Pistol taking his share of the blame, as he keeps taking his millions a year pay packet.

NFL if he stays needs help, to have (imposed upon him) a credible assistant manager alongside - someone (unlike JK) who has some actual credibilty for doing the job, from an actual CV of previous experience of doing it well, not just because they are hard working & cheap & have some piece of UEFA stampd paper of qualified coach.
(likeliest candidate WGS - but maybe he has too much sense for the risk!)
 
So if NFL stays & he likely will, then NFL needs someone imposed next to him.
& that's likely what pistol is currently working on, as pistol knows the risks of losing his own cred by replacing NFL.

On the positive
Not a lot needs to be done with the squad we have to win 10IAR.
Need a decent goalkeeper (Forster please - but maybe he has too much fear for the risk!)
& a core pair of defensive midfielders, key to any successful side.
A pair like Thompson & Lambert or Ledley & Broony (proper midfielders who could tackle as well as pass a ball)
Right now we hav Broony on his last legs & no one else!
Sorro & Luca could very likely do a better job! but NFL says no, either on advice of JK & wgs jr laptop, or his own stubborn fault.
& of course the need for someone to point out the obvious defensive (midfield caused) flaws.
So the sooner NFL has imposed someone alongside the better.
 
Was that the same clubs interest at heart when we refused to pay an extra £million to get John McGinn or a bit further back when we allowed Steven Fletcher to go down south for the sake a £million. If we had paid up for Fletcher we would be going for 12 in a row. Well done Peter you really showed them....just do us all a favour and do one.
 
talking of mugs

"
Homunculus 3rd December 2020 at 12:18

I see King is also looking for the magic 20p per share, the same figure which has been used for converting to equity.
So as I understand it he will be getting about £13.5m for his shares, £5m loan paid back as cash and £400k or so in interest. Let's call it a round £19m he is getting back as cash, rather than the confetti the rest of the hobbyist now have.
Not bad for getting away from a loss making business, with predicted further losses and loads of outstanding litigation.
And he manages to sell it as him doing the fans a favour.
It really is rather a good trick if he can pull it off. "

 

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