Co-investors to the rescue?

As regular readers here will know Mr David Cunningham King had a clear strategy after the Off Licence Putsch in March 2015.

He had said at pressers about the need for “soft investment”.

Going forward it was always going to be fuelled by OPM.

He said all of the right things to The People and the Stenography Corps loved him for it.

It was the OPM of the masses and it has worked a treat until Sunday.

Now it is self-evident that The People are revolting.

Recently I reported here that King’s chaps had adumbrated some stark arithmetic realities to influential fans.

They were told that if they wanted a football club to support then they would have to dig deep or a different type of digging would happen.

Today at Statement O’clock the chaps at Club 1872 (peace be upon them) sent out this encyclical to the co-investors.

The key message is here:

Much of the responsibility for that progress is going to fall on the current RIFC board but we believe Rangers supporters, through Club 1872, can also shoulder part of the burden – because it’s our club. That is why we are asking supporters to join us and invest heavily in the club and also why we are in negotiations with RIFC about securing a board place.

The exhortation to “invest heavily” is what has been said privately to various groups of fans by emissaries of Mr King.

Remember one of the reasons that many of The People backed him in the Off Licence Putsch was that they believed that the Johannesburg based convicted criminal would bankroll the basket of assets.

Before taking power three years ago Mr King had the local media onside as they relayed an appalling vista to the Ibrox customer base.

Now the message is quite clear.

It is the supporters themselves that will have to bankroll the operation and not Mr King.

The irony in all of this is delicious.

27 thoughts on “Co-investors to the rescue?”

  1. Not another Ibrox splinter group? No wonder they can’t organise a piss up in a brewery.
    Silent protest at the Hearts game, wow!
    The atmosphere will be toxic and Murty and the players will be getting dog’s abuse no matter the result.
    No doubt Murty and Pedro have been undermined by senior players with their own agenda.
    Many of the fans regard Miller as a true blue Ibrox legend and Wallace gets kudos for not leaving the sinking ship though it’s doubtful if he could have matched his Ibrox package elsewhere.
    It’s difficult to know whose actually making the decisions just now.
    Has Robertson acted on his own by suspending the players or is it a board decision with King on the line from South Africa giving his tuppence worth.
    The final league meeting of the season will welcome the Champions back to Celtic park or see them confirmed on the day.
    The home fans will be in full party mode and no doubt gloating and rubbing it in will be the order of the day.
    That will be 7 in the bag and counting.
    There is a palpable growing fear amongst the Ibrox fans that 10 IAR is on it’s way which no doubt will be a record that will stand forever alongside back to back trebles.
    The pressure on a new manager will be immense . Who would want to go down in history as the man in charge when Celtic brought home 10 IAR?
    Reality is slowly dawning on the Ibrox fans that the journey back to where they belong is a long and winding road and the end is nowhere in sight.
    Going for 55 is just words with no substance behind them, a bit like Tav’s treble dream and appearing in the CL.
    As fans we know football in Scotland is cyclical but we are in new territory now.
    If Celtic progress again through CL qualifying stages to the Groups whilst Newco continue to live from hand to mouth then the duopoly is well and truly over.
    Those in the Ibrox boardroom will be only too aware of this but at the moment there is absolutely no indication as to how they can turn things around.
    Could get a lot worse before it gets better.

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  2. Thanks for these updates and revelations,We wouldn’t be getting them ANYWHERE ELSE,that’s for damn sure.

    Grateful for your time and skills.

    HH ?☮️?✅?

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  3. How do they keep getting away with the lie that by buying shares they are helping club. Buying shares is simply giving money to another shareholder or giving money to RIFC in the HOPE that the money makes its’ way to club (TRFC).

    And how they can even think about buying shares in the midst of TOP ruling and the ongoing dilution of value is insanity of first degree.

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  4. I don’t think there will be a rush to sign up with Club 1872 as most of the fans are supicious of their motives and claims of being independent with, I believe, James Blair to be the only shareholder.
    Perhaps the only truth that King has utterred is that the fans will have to pony up themselves or else.
    However the millions required to add quality to the squad and a box office manager is way out of the ordinary fans financial reach.
    It’s unfathomable that Murty will continue in charge next weekend and for the remaining games.
    He’s obviously lost the dressing room and with Miller and Wallace suspended, presumably at Murty’s request, there will be a lot of unhappy players out there.
    Halliday, Candeias, Docherty and Morelos appear to have escaped sanctions however, so it will be most interesting to see who figures in Sunday’s line up.
    It’s laughable looking back at the media claims of the £10/12m bids turned down for Morelos.
    His true worth is around £2m at most with a move to the 2nd tier in England beckoning.
    His attitude stinks when things ain’t going in way and he was doing his best to get sent off at the weekend going around bumping into Celtic players despite already being on a yellow card.
    It’s impossible to see how they will climb out of the financial mire surrounding them and if that box office manager is not sitting behind his desk in the next couple of weeks ST sales will take a hit.
    The media shit and fake news is also noticeably reducing in volume.
    There’s only so much crap like Tavernier wanting to win the treble then playing in the CL that people will swallow before they just laugh in yout face.
    Gullible as they are I can’t see them digging deep to fund King’s aspirations.
    He’s bound to have a few million left from the £12m that’s set aside to cover the share offer. That should be enough to cover the fee for a decent addition and his wages?
    One of the bigger problems will be getting shot of the dross.
    The under performing loanees and Docherty will all go back to where they came from and Niko, Pena, Herrera, Dalcio, Candeias, Dalcio, Dorrans, Rossiter, Cardoso and Alves will all have to be shipped out.
    That again could be very expensive, so we are back to where’s the money coming from?
    It’s no surprise that King is seldom in the country as it’s a lot easier to ignore the noise when you are a few thousand miles away.
    Have I missed the announcement by the SFA that Alistair Johnston has attained fit and proper status or are the SFA wheels still turning slowly on that one?
    Must be a 50/50 call otherwise the SFA would have clarified the situation months ago, surely?
    I hope for AJ’s sake that it’s not his signature on the 2012 UEFA licence application as that would make him a very, very naughty boy.

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    • They have “bought” Docherty from Access………they just haven’t paid a penny of the £600k as yet !!

      Cheats then. Cheats now. Cheats forever.

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  5. Top quality stuff again Phil and after a hard day at work it’s good to read something that puts a smile on my face . You wrote a few weeks ago about the new fans group and I believe quite a few have had enough of the GASL . The timing of all this especially with Club 1872 trying to get every sheckle they can in can’t be good and it looks like the clusterfuck could implode at any moment . As for young master Murts I hope he has a thick skin cause Ra peepul are gonna let him have it on Sunday , I actually feel sorry for him , put in an impossible position by the GASL . Miller and Wallace both suspended by club , Miller will get a one year contract extension when new manager arrives and they’ll sell Wallace for anything they can get , they’re skint . Take it easy amigo ???????

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  6. Am I missing something Phil ???

    Sevco fans are being asked to plough their money in Club 1872 and or that new lot Follow Rangers.

    This money will be used to buy shares ….. from who and at what price.

    Dave King at 27p the last purchase price Club 1872 bought for ?????

    This will be after he has complied with the TOP of course ….. Pmsl lol pmsl.

    To me this sounds like an exit strategy for Dave King to sell his current holding and I can’t help thinking Follow Rangers timing is a little to convenient….. Call me cynical !

    Now if this is the case or even if it isn’t how does the purchase of shares help the financial situation of Sevco …. It doesn’t…. All it will do is improve the financial situation of those currently holding the shares who manage to offload them.

    Ha ha

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  7. Those of a fair mind in this country are tired and weary of them. They are important only among themselves. Equality has caught up with them, and passed them by. Celtic are Scotland’s team, we are the team, and the club for everyone, culture and creed. let them wither away and pay for the sins of their Fathers. Phil another vote cast, keep smiling and never get bored of exposing injustice.

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  8. Get your blue pound out and keep it coming or it’s 10 in a row. This is a disgrace and something needs done about this crook. It’s manipulation…cunning and directly hits them right in the core. My opinion is they will part with their blue pound but will it be enough…

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  9. “Take my dough or it’s ten in a row” ? LOL!

    If Lady Wolffe’s upcoming judgment on enforcement of the CoS ruling against Mr. King takes the form I expect, the cold shoulder will follow quickly down the turnpike.

    I very much fear Dodgy Dave’s next tagline will be somewhat different.

    “GEEZ YER DOUGH OR AH WULLNAE GO!”

    Eagerly await seeing that one on the back page of the Sun…

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  10. At this stage of the process, isn’t it also usual to ask the squad to show loyalty and dignity or should I say lealtad y dignidad.

    No jodidamente probable!

    Reply

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