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Home arrow Latest News arrow Latest arrow Billionaire in Rangers Takeover Talks
Billionaire in Rangers Takeover Talks Print E-mail
Written by Hector Bandido   
Thursday, 11 March 2010
Digg!

By Darrel Queen

March 10 2010

 

The Day Late can exclusively reveal Saudi-born Billionaire Sheikh Hamdoum Al-Makboyne has made a £330 million offer to take over Rangers Football Club with Sir David Murray’s subsidiary companies also retaining all outsourced contracts due to his track record of delivering excellence.

 

Sheikh Al-Makboyne is leading a consortium interested in taking control of the reigning European Champions, which is in debt to the evil Lloyds Banking Group to the tune of only £30,000.

 

A name linked last night to the Sheikh Al-Makboyne bid was Sheikh In-Stevens, a ridiculously wealthy person who made his money from singing cover versions of crap songs in the early 1980’s.

 

The £330m offer was submitted to evil club director Donald McTim, the man whose appointment to the Rangers board last October caused massed hysteria among the Scottish media as we led campaigns for demonstrations from the clubs supporters which were completely ignored.

 

It has been claimed by me and other Rangers supporters in the Scottish press that Mr McTim is running the club according to a fenian agenda set by Lloyds, although the evil bank maintained his placement on the board was down to the Murray Group, the company of Rangers owner, majority shareholder, business tycoon and all round good egg Sir David Murray.

 

Given that the offer was submitted to Mr McTim, it would appear to me anyway, he is the man making key decisions at the club. Sir David, God bless you Sir, stood down as chairman last August and reiterated his desire to sell the club on after more than 40 years of dignified service at the helm. A service recognised by her majesty the Queen who rightly made Sir David a knight of the realm.

 

Both Sheikh Al-Makboyne and Sheikh In-Stevens have previous links to football, most notably through their fathers. Sheikh Al-Makboyne’s father, Trevor, was chairman of London club Queens Park Rangers in 1996.

 

When QPR hit financial troubles in 2001, Sheikh Al-Makboyne junior launched a £90m takeover but the deal collapsed and he did not gain control of the club following a ridiculous whispering campaign led by local media. He planned to move QPR from their Loftus Road stadium to a new ground near Abbotsinch Airport, with reports at the time saying he would use the existing stadium site for stables for his group of outstanding racehorses.

 

Sheikh In-Stevens father, also Shaky, emerged as a controversial figure in 1987 when the company he headed, United Estates, took control of Fulham Football Club and their Craven Cottage stadium, which is in a highly desirable part of west London.

 

At the time, United also owned Chelsea FC’s Stamford Bridge home and QPR. Sheikh In-Stevens intention was to merge QPR and Fulham, sell Craven Cottage and play matches at Loftus Road, thus freeing up the site in Fulham for his stable of horses with the most outstanding bloodlines. The proposal was met with anger by supporters of both clubs and never got off the ground.

 

Rangers’ long-term future has been the subject of much debate since The Day Late revealed the full extent of the club’s dire financial situation last October. The news came days after manager Sir Walter Smith went public with his fears for the club as the bank had “a Tim on the board”.

 

McTim’s re-election to the board was then opposed at a stormy AGM in December when I complained vigorously to the chair, although he was later voted on when a clearly confused Sir David’s majority vote carried sway.

 

There has been ongoing speculation, particularly from me, that the evil Lloyds Banking Group’s grip on Rangers has led to new contracts for key players, such as untouchable striker Kris Boyd who has been targeted by Manchester United, Real Madrid and Peterborough United, not being signed off as they were not part of the appalling business plan Donald McTim had the club adhering to.

 

The irrepressible Walter has also made public his concerns the financial crisis would only worsen at the end of this season, and would continue to do so until a new buyer was found much to the horror of myself and other independent media representatives such as Chick Young and Jim Traynor, who were also in attendance.

 

In January it was claimed that current director and South African ex-pat billionaire good guy, Mr Dave King, had made an £250m offer to Lloyds for the club on behalf of a three-man consortium, which was inexplicably rejected by the evil Tim mafia at Lloyds.

 

This was neither confirmed nor denied by the dastardly bank.

 

Whether this interest from Sheikh Al-Makboyne will prompt the completely innocent Mr King to make an increased offer to purchase control remains to be seen.

 

I can only hope so.

 

Darrel Queen





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