Although it has little to do with Rangers as such, the news that the club’s NOMAD is suspended is not the best of news in the present situation.
With the papers full of speculation on the future of Ally McCoist in the Rangers dugout and, quite frankly, the vast bulk of fans screaming for him to be removed, bad news about any aspect of the club is most unwelcome at the present time.
The difficulties of Daniel Stewart only serve to highlight the precarious state of Rangers’ fiscal position.
We are hurtling towards an AGM which could be the most crucial in the history of the club – something that is now an annual event, if we are being honest – and it is hard to find any positives in the Rangers universe.
The state of play is that a share issue is expected as being a likely outcome of this AGM but that this could be the gateway to the Armageddon that is hanging over the club. I mean by this the ongoing battle between The Consortium i.e. the band of men seeking to usurp control at Ibrox and the besieged and beleaguered Rangers Board.
The Consortium are relying on a Dave King £30 million investment and the incumbent Board are hunting billionaires to keep King out of Castle Ibrox. Well, some of the Board are as Graham Wallace is widely perceived to favour the Dave King side.
King’s ability and willingness to invest are both still very much unknowns, as I have blogged previously. Unfortunately, the SoS stormtroopers who handle propaganda for The Consortium, are seeking to virtually force the present Rangers Board out of business with no firm guarantee that Dave King can or will pony up the money. In short, Rangers could go under with no King lifeboat coming to the rescue.
King has tried to make out he has distanced himself from the likes of the SoS but it is hard to give this much credence. Their attempts at destabilising the current regime certainly play into King’s hands.
The problem for the loyal Rangers supporters is that they are being kept in the dark by pretty much all involved. Dave King, we are told, likes to keep his cards close to his chest. Not good enough, frankly. Firstly, Rangers FC is not the pot in a game of poker and secondly, the shouts by the King camp for transparency from the Rangers Board while being secretive and furtive yourself is rank hypocrisy.
Football is a business and it is a cut-throat one. But Gers fans deserve better than the dribble of communication from both sides in the conflict. I understand that investors often want to do things quietly away from any media glare before they make their move but that is virtually impossible in the present saga.
What we can rely on is that no matter what wealthy investors this present Rangers Board come up with, the SoS stormtroopers will do their masters’ bidding and chase them away.
Which might mean that there will be no Armageddon battle for control of Rangers, after all.
Because if the Boycott Brigade chase away all comers and leave the field open for their beloved King, they might get a nasty surprise if he doesn’t show up.
Then they will get what they have been wishing for all along – Rangers going under.
Only with no lifeline.
As for the managerial issue, it looks like the only person who can change the Rangers managerial position is Ally himself.
If the Board prevail, they cannot afford to replace him. And if King does put his money where his mouth is, Coisty will be bombproof in the Rangers dugout.
At least you can’t say it’s dull…