Today it has been confirmed that Mike Ashley is the third biggest shareholder in Rangers.

The club alerted the London Stock Exchange today that Ashley currently has 8.9% of ‘The Rangers Football Club Ltd’, with only Charles Green (14.9%) and Mazen Houssami (11.9%) owning more.

The club had to reveal these details as it announced a public share offering allowing the public to buy a stake in a new holding company which will be ‘Rangers International Football Club PLC’.

The announcement says that the share issue is aimed at raising up to £27m capital, while ‘Rangers International’ will, “…own and operate”, the current business that runs the club, ‘The Rangers Football Club Ltd’.

The statement explained;

“Upon admission, Rangers International Football Club PLC will acquire Rangers Football Club Limited on the basis of a one for one share exchange and after admission, Rangers International Football Club PLC will be the holding company for the group”.

As to all the technicalities of exactly what the public would be buying into, I think it is up to them to get their own professional advice but from a Newcastle United perspective, we look on with interest as our owner buys into another club.

Send in your letters/articles to contribute@themag.co.uk

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28 comments
magpie9
magpie9

Nothing has changed where fatty is concerned

vin1892
vin1892

York have got a hooligan element and if Newcastle fans get in the home end there could be more trouble than simply having a pay turnstile at the Toon end.


Isn't it funny how Ashley has fooked the club over for eight years but by making a few signings  he has the sheep eating out of his hands. I bet he can't believe how easy he can take the piss out of the thick northerners.

Artie Fufkin
Artie Fufkin

If you recall our pre-season friendly when Sami scored, we were on the pitch and it all turned ugly. The club were forced to take some pre-emptive action to avoid external sanction. 


Reep what you sow I'm afraid, we have a few idiots in our fanbase so we all suffer a bit. 

GToon
GToon

I'd like to think that is the reason but I think it has much more to do with making money as the article suggests. Let's see how many of our home games become member only games too this season (with less than capacity crowds).

WAYNEANDCATH1
WAYNEANDCATH1

@Artie Fufkin  ah yes i remember it well i was on the other side [i live in darlington] me and my mate kept a low profile

and quietly cheered when sammy scored  all the way down the left wing to the tune of IF SAMMY SCORES WE ARE ON THE PITCH ..

yes all fans can be a bit daft .some can be vicious but the majority are ok good eggs so to speak ...its the same on here most are ok some ...well you are as aware as i am

RaySte
RaySte

If you think it's Mike Ashley setting the prices for tickets you must be truly thick. That's the job of the chairman (or indeed someone beneath even him). All you read here is' Ashley did this and Ashley did that', which only shows how little the writers understand football or business if they seriously think billionaire Mike is concerned with scraping together a few extra quid with NUFC memberships. The bloke is obviously hands off with Newcastle for a start. 


THIS is exactly the reason other fans don't take us seriously when we legitimately criticise the bloke. They see nonsense Ashley the boogeyman articles like these and think we're always complaining about nowt. Do you blame Ashley when it rains?

philrenner09
philrenner09

@RaySte Spot on - idiots cant wait to call the club at every opportunity. 2 weeks ago it was Ashley ripping fans off for Sheff U tickets, a simple phone call or use internet showed THAT

Sheff U set the price system and use it at other games as well.  Most supporters are sick and tired of all the backbiting get behind the team, TOON TOON

Cuse
Cuse

@RaySte  "All you read here is' Ashley did this and Ashley did that'"


Well said.


Not only that, but the articles blaming Ashley for everything bad in the World ever are *terrible*

philrenner09
philrenner09

Most other clubs -- even championship and div one have the same system - not an Ashley supporter but its the normal now. Maybe if there werent so many prats hangers on going to away games this would not be necessary. Obviously other clubs have the same problem.

LeeSpoor
LeeSpoor

Unfortunately, the complete 'knackas' that go to away friendly matches have given Ashley all the excuses he needs. Plus if it's a friendly is there any real reason why you cannot sit in the home section if u don't want to pay the 35 and it's a one off? Don't see the issue personally

LeeSpoor
LeeSpoor

@Porciestreet @LeeSpoor I agree with that, however its easy to access tickets for away matches, we all have mates or family who have season tickets and dont go to away games, I'm sure if anyone was desperate to attend a friendly at York for 1 game without paying the fatman 35 nicker they could find a way!


BartonoftheBrow
BartonoftheBrow

@Porciestreet @LeeSpoor Think you will find his mother & father have nowt good to say about him,he fell out with them years ago when they thought they were entitled to SD shares as it became succesful,after all they did morgage there home to set him up in the first place,the house they still live in by the way,while fatman,whey we all know jst does as he f@cken wishes,ASHLEY OOT!!

Porciestreet
Porciestreet

@LeeSpoor The issue my friend is a fat greedy Londoner who should have been drowned at birth . Only his mother can possibly have anything good to say about him.

Ashley Out ....HWTF.

WAYNEANDCATH1
WAYNEANDCATH1

@Porciestreet @LeeSpoor  really calm down dear calm down i was enjoying reading this page ..till now,,

i am fat ..not too greedy not a londoner  ..do you think mike ashley would describe you in similar  childish terms ??

WAYNEANDCATH1
WAYNEANDCATH1

@Porciestreet @LeeSpoor  your in a groove going round and round 

like a broken record spouting same boring shite every post 

its not funny 

its not interesting 

its boring

its hatefull put the spade down climb out its nice out here 

magpie9
magpie9

@LeeSpoor @Porciestreet Agree about being easy to get tickets but the fact is we should not have to pay this ransom to benifit a billionair, especially at Shefield which was a charity game in Gary Speeds name