Derek Ferguson is unhappy but not surprised to learn that there appears to be little likelihood of a Rangers takeover in the foreseeable future.
Dave King has proposed a return to Ibrox as chairman in order to attract investment from Saudi Arabia and the United States, but the existing board appears to have rejected his offer.
And reports of takeover interest from the Far East have not materialised, with Chris Jack stating for Rangers Review on 11 October that a change of ownership is not on the cards, and any new funds are expected to come from present investors.
John Halsted has undertaken “detailed” conversations about increasing his interest in the club [Daily Record, 29 October], but after numerous seasons of mismanagement in Govan, the prospect of maintaining the status quo has not been welcomed with much hope.
Celtic continue to lead both financially and on the pitch, although it has been alleged that the Rangers board is not particularly interested in exploring potential investment opportunities [Alan Brazil via talkSPORT, 31 October].
In that environment, Ferguson has urged the Ibrox administration to meet with whoever is willing to put in the cash and make some concessions in order to secure the best deal.
John Halsted hosts new Rangers investment talks.
He told the news outlet Ibrox News exclusively that a takeover is not anticipated, saying, “It’s disappointing but it’s not a big surprise.”
I’m not sure why they don’t come together, talk to these investors, and find out exactly what they’re looking for.
“You need to sit down and have that talk if they plan to put money into the club.
However, it appears from the outside that they have little interest in continuing in the same direction, which is disappointing.
Since these folks are prosperous businessmen in their own right, it’s difficult for me to say. But when it comes to football, that’s where the uncertainties arrive.
“If there is that interest, why wouldn’t you go, even to meet them?” I can’t get that out of my head. Go talk to them and take a seat.
However, we don’t hear that, so if they are Rangers fans—which they undoubtedly are—and you want the best for the team, then it’s evident that you care about them.
We must have a conversation with these individuals because we require investment. For this reason, I believed that Dave King was merely trying to get us back to a specific level, even though I knew it was only a two-year plan.
However, it appears that they are not even interested in having that conversation with Dave.
It’s a huge letdown because we’re hoping for something to offer us a glimmer of optimism, but that’s just the way things are. And that hope just seems to be dashed at every chance.
Since these folks are prosperous businessmen in their own right, it’s difficult for me to say. But when it comes to football, that’s where the uncertainties arrive.
“If there is that interest, why wouldn’t you go, even to meet them?” I can’t get that out of my head. Go talk to them and take a seat.
However, we don’t hear that, so if they are Rangers fans—which they undoubtedly are—and you want the best for the team, then it’s evident that you care about them.
They say, ‘No, we’re not going to let you in, we’ve got our own wee clique.'” And it doesn’t appear that way.
“I’m not really sure where to take it. Accepting investment seems obvious to me, but only within reason, as these guys have certain needs when they arrive.
“It’s a worry, but sometimes you have to give a little to get that success.”
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