Glasgow Rangers enter Administration

[ChesterDave]

Presumably a cup competition sponsored by a firm called Ramsdens

[dom9]

Gotcha!

[ChesterDave]

haha. The League Cup, according to Wiki.

****ing hell they are a gold buyer / pawn merchant

[baitman]

[spud_gun]

Knock Knock

Who's there?

Rangers!

Rangers who?

[dom9]

What's the punchline?

[dom9]

http://www.bbc.co.uk/sport/0/football/18891279

Rangers: Scottish Football League invites TV bids for live matches

The Scottish Football League has approached broadcasters with a package to show up to 25 live Rangers matches in Division Three next season.

However, any deal cannot be finalised until the Scottish FA grants membership to the new club.

The SFL's media representative IMG, is inviting bids from interested parties, with a closing date of Monday.

The proposed deal includes the opportunity to broadcast all 18 of Rangers' away league matches.

Members of the Rangers board held talks with the SFA on Tuesday, but there is debate over what punishments they will accept in return for membership.

It is understood the SFA wants the newco club to accept the 12-month transfer embargo handed out to the old company for bringing the game into disrepute.

The governing body also wants guarantees from Charles Green's consortium that all football debts will be cleared.

The SFL TV deal on offer is subject to certain criteria, including fixture clashes, scheduling clashes and policing but with the start of the new season less than three weeks away, they want all parties to move quickly.

And BBC Scotland has learned that several parties have already declared an interest.

As the SFL looks for a broadcast partner, its counterpart at the Scottish Premier League continues negotiations over its own television and radio deals.

SPL chief executive Neil Doncaster has spent the last 48 hours in talks with Sky and ESPN discussing what they are willing to pay for a top league without Rangers.

[Stanbull]

[ame="http://youtu.be/I75_bgQSmqA"]http://youtu.be/I75_bgQSmqA[/ame]

If you have an hour it's worth watching

[Chazza]

Ashley eyes Rangers stake
Newcastle owner keen on Ibrox investment
By Graeme Bailey - Tweet me: @skygraemebailey. Last Updated: August 8, 2012 7:22pm

Sky Sports understands that Newcastle owner Mike Ashley is in talks with Rangers' Charles Green over buying a stake in the Glasgow club.

When Green bought out the old Rangers and formed the newco, which now plays in the Third Division, he said that he and his fellow investors did not want anyone person to buy any more than 15 per cent.

They are in negotiating with a number of parties about taking a share, one of whom is Newcastle chief Ashley - who after being barracked when he first took charge of the North East giants, has now moulded into to one of the most astutely run clubs in the Premier League.

When asked about the possible involvement of Ashley, manager Ally McCoist told Sky Sports News HD: "Obviously someone with a proven track record like that, who is a successful businessman, would obviously be a good thing.

"I don't know whether it's a goer, how much money is involved, what the investment is and things like that."

Meanwhile, McCoist has heaped praise on chief executive Charles Green and believes the club is now at its most stable point in some months.

The club won their first home game of the season 4-0 against East Fife on Tuesday and McCoist has praised the commitment of Green and the board.

He said: "I think we're now at the stage where the club has far more stability than we've had in recent months.

"The new owners came in, they were the only party that came up and put their money where their mouths were.

"They stood tall and bought the club so in that respect they deserve great support from us and from the fans. "I've watched Charles and I don't have any doubt he's watched me in recent weeks. He has absolutely nailed his colours to the mast in terms of his work ethic and the hours he has put it.

"He has done his best for Rangers and fought for the club and represented the club to the best of his ability."

McCoist also revealed his working relationship with Green continues to develop as they both stride to take the club back through the leagues in the coming years.

He said: "I am a firm believer that the most important relationship at a club is between manager and chief executive.

"We are in the very early days of our but it is growing day by day and we each have a good appreciation of the other's situation within the club.

"We are certainly both of the view that we want to take the club forward.

"It is time for everyone with the best interests of Rangers at heart to unite and get behind the club.

"This is a new chapter for Rangers and we are all looking forward to the challenges ahead. The atmosphere around the stadium has been electric in the past few days and there has been a buzz at the Ticket Centre.

"This is just the start of the journey and we will all enjoy it together."

http://www1.skysports.com/football/news/11678/7974150/Ashley-eyes-Rangers-stake

[Bender]

Rangers will be able to borrow as many as nine Newcastle players in a deal that will see Magpies owner Mike Ashley buy a share in the Ibrox club.

The Scottish FA is ready to ratify the move on the condition that Ashley owns no more than 10% of Rangers and has no personal role in running the club.
Ashley's Sports Direct firm will then take over Rangers' replica kit merchandising operation.

Negotiations are under way with JJB Sports to end their retailing contract.
JJB Sports and Rangers entered a 10-year merchandising contract in 2006, when the Glasgow club received an initial payment of £18m with a guaranteed minimum annual royalty of £3m.

Any Newcastle players switching to Rangers on loan would need to do so before the end of this month, when a year-long signing embargo comes into place for the Scottish Division Three club.

Rangers are also likely to play Newcastle in a friendly under the terms of the agreement.
Ashley assumed control of Newcastle in 2007, spending £134m in the process.
Ibrox chief executive Charles Green hopes to announce other new investors in the club shortly.
BBC

[Muddled]

And I think Newcastle owe £140m to Mike Ashley too.

They made a profit (mainly due to us buying Carroll and knocking them in to the black) and that was on the back of a season in the Championship. Last years performance, European revenue (if they qualify) etc and I think they'll be one of the few clubs making a profit and could flourish under the FFP if it is ever enforced.

Newcastle get youff players getting experience and Mike Ashley gets the kit contract through Sports Direct and a reasonable percentage at a small rate that will no doubt increase over time. Very shrewd.

[Buzzo]

Rangers first game in the 3rd div ended 2-2 away at Peterhead. Its going to be a long way back to the top from there....

[ChesterDave]

Rangers first game in the 3rd div ended 2-2 away at Peterhead. Its going to be a long way back to the top from there....

90th minute equaliser, otherwise it would have been a defeat

[Kenneth]

And I think Newcastle owe £140m to Mike Ashley too.

They made a profit (mainly due to us buying Carroll and knocking them in to the black) and that was on the back of a season in the Championship. Last years performance, European revenue (if they qualify) etc and I think they'll be one of the few clubs making a profit and could flourish under the FFP if it is ever enforced.

Newcastle get youff players getting experience and Mike Ashley gets the kit contract through Sports Direct and a reasonable percentage at a small rate that will no doubt increase over time. Very shrewd.

Indeed. It's basically a shirt deal to exploit the fan base of Rangers with a free third division football club and huge stadium thrown in.

[ChesterDave]

£549,999 for a 9.9% stake, presumably?