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

[latest_issue]

.

.

12 comments
wor monga
wor monga 5pts

They were f*cking rubbish…a disgrace to the shirt…Alan tells it exactly like it is, and the fault lies with the coach…


...there’s no discipline being shown to the defenders by an outfield skipper, and that’s also down to Collocini,  who should be the coaches enforcer, on the field!!.


...We would all have accepted a defeat, but not a total capitulation like this by a bunch of c*nts who couldn’t give a f*cking  sh!t.


...note...  ( * =u, != i)


ArtyH
ArtyH 5pts

@wor monga Yes mate, would have accepted a defeat if we had played well and tried, it happens, but to surrender AGAIN in the same fashion is not acceptable! 

magpiefifer
magpiefifer 5pts

McCalamity will take us down if he stays on.

Where is the fight,desire,application!?The work rate is dire - no closing down,not tracking back quickly enough,I could go on.

I hate to predict this,but Newcastle,Villa and Norwich will go down,and the Mackems will stay in the PL - they seem to have the fighting spirit that we totally lack.

This was a car crash waiting to happen with this totally ineptly-run club!!!  

jack1x
jack1x 5pts

Mclaren has to go Monday , along with Carr and charnley , a proven managed has to be appointed a.s.a.p ,

jonathanthraxton
jonathanthraxton 5pts

proper sick of shearer me like ye that helps keep ya mouth shut selling out for motd what happend when yo managed

ArtyH
ArtyH 5pts

The laughing cavalier is a dead duck now, hated that smiling interview, the bloke just does not care or know what he is doing, no its both! Taxi for the Brolly!

The only salvation that I can see is get Rafa Benitez in this week, he did a great job a Chelsea last year as interim manager, strange Hiddink is doing the same this year. We need Rafa to keep us afloat because we will definitely go down under the Brolly. Pathetic performance yesterday totally unacceptable! 

jack1x
jack1x 5pts

There's talk about Pearson or clements replacing mclaren , same old , same old , no difference from what we already have , mclaren , pardew ,,Pearson , clements , carver , all the same second rate managers

sholasgod
sholasgod 5pts

Yes Mr mclaren 7 away goals all season worst in every lge in wngland. He said the other day our problems away from home were because we played on the front foot he's clearly lost the plot. Time for him to go.

Ring around Uranus
Ring around Uranus 5pts

Go for Gary Monk now.

If the worst comes to the worst and we're relegated at least we have a young hungry manager in place.

I sometimes think that clubs sack the manager to quick, but enough is enough. He's not smiling for the camera cos he's happy, he's smiling cos he's lost and doesn't know what to do or say.

kes
kes 5pts

McLaren's face in the post-match interview, laughing it off, will stick with me. I was so angry after that, like I have been in most away games I've attended the last few years and to laugh about it. Wtf is funny about that you d*ck?

Lost Soul 1
Lost Soul 1 5pts

The team merely reflects the club. No pride at any level and no direction other than to the bottom line. Any business needs a culture sadly ours is one of apathy / self promotion and cynical disregard. Some will cry support the team clearly a one way process. Fans fork out £200+ for yesterday's surrender while our brave warriors scuttle off to their sunny jolly. Makes you swell with pride