GERS MOVING TO ANOTHER LEVEL
January 15, 2008 - Daily Hun Newsdesk
Just as promised, Rangers are moving on to another level from the rest of Scottish football, as chairman David Murray announced a new investment of £53m for the Ibrox club, with a further massive cash boost soon to follow.
First Published March 2000
The eventual cash injection could soar as high as £80m as Murray guides the club into what he believes will be a new, golden era for the Scottish champions. The money involved, the biggest financial boost for any Scottish football club, will enable them to move into Europe’s elite over the next few years. Yesterday, however, Murray maintained, as always, that he will not turn his back on Scottish football to play in any other league, and that while he remains in charge of the club, he will retain a responsibility to the domestic game.”
It is clear from this latest move, however, that the Glasgow giants are setting an agenda that no other Scottish club can match - and that appears to include their Old Firm rivals, Celtic, who are trailing by 15 points in the Premier League championship and are now looking at a financial gap which the Parkhead club might not be able to bridge. There have been hints around Glasgow that Celtic could be ready to attempt a share flotation of their own, but it would seem unlikely they would be able to match the financial clout that Murray has put together. The Ibrox chairman promised his shareholders good news and a more prudent financial strategy at the last annual meeting of the club. He has now delivered this by taking on board several very heavy financial hitters, South African-based David King is worth around £300m - £20m of which he is investing in the club he followed as a young man in Glasgow.” Read more
SECRET FEAR THAT DRIVES ME TO WIN 10 IN A ROW
January 14, 2008 - Daily Hun Newsdesk
Rangers chairman David Murray opens up on the highs and lows of his decade in charge of Rangers and promises that the best is still to come.
A look back at the real stories which were making the news way back.
First Published: November 19th, 1998
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RANGERS owner David Murray doesn’t often allow his true feelings to surface, but currently he is finding it difficult to disguise a pain which has been gnawing away inside since the end of last season. After a period of almost total dominance of Scottish football during which Rangers racked up 17 trophies the club met with failure. Celtic won the championship and the League Cup and Hearts beat Rangers in the Tennents Scottish Cup final, leaving Murray with nothing to show for a massive investment in time and money. Even now he winces when he thinks of that season, but it is the vivid memory, and the pain of defeat with which he now suffers, that combine to drive him on. Read more
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