Joint Statement by Rangers Supporters Groups on Ownership of the Club

Last updated : 11 November 2009 By Grandmaster Suck

RANGERS FANS UNITE FOR CHANGE AND PROGRESS

JOINT PRESS RELEASE


The Rangers Supporters Assembly, Rangers Worldwide Alliance, Rangers Supporters' Trust and Rangers Supporters Association united today to urge Rangers fans around the world to consider playing their part in changing the ownership of the club.

The organisations are considering the options open to fans to invest in the club on a massive scale and on an accountable basis.  
 
We are considering various options for this - whether on our own or in partnership with others.  We intend that the future of the club will never again be reliant on the goodwill of a bank or any individual.

One option we are currently discussing with advisors is the changes necessary to turn the Trust's Gersave scheme into a suitable vehicle for the gathering in of funds.  However, any form of investment will only take place on the basis of the suitability of the terms gained in negotiations.

Rangers as a club cannot continue in the current state of limbo with the threat of  being run by the Lloyds Banking Group.  To move things on before the January transfer window we are formally inviting any potential credible investors to discuss their plans for the club with us.

Rangers fans are by far the biggest financial investors in the club.  We are determined that the club will continue to flourish and never again will it run the risk of falling into the hands of a bank.  We call on fans to be patient but to unite behind sensible proposals we hope to recommend to them over the coming months.

John McMillan - General Secretary, Rangers Supporters Association
Andy Kerr - President, Rangers Supporters Assembly & Rangers Worldwide Alliance
Stephen Smith - Chairman, Rangers Supporters Trust