Source: Team_Talk
Edgar criticises Ellis' president plan
Prospective owner Andrew Ellis been accused of misjudging Rangers fans' mood by looking to offer Sir David Murray the post of life president.[LNB] The Ibrox side are just under £30million in debt and are under investigation by HM Revenue and Customs over a tax issue, while manager Walter Smith and his assistants Ally McCoist and Kenny McDowall have been working without contracts since January.[LNB]Property developer Ellis claimed that if his reported £33million takeover bid goes through, he will offer Smith a new contract and also give the role of life president to current owner Murray.[LNB]However, Rangers Supporters Trust spokesman David Edgar said the gesture will not be appreciated by the rank and file among the Light Blues' support.[LNB]"It's the equivalent of giving Freddie Goodwin the same role with the Royal Bank of Scotland," he said.[LNB]"It's a reward for recklessness.[LNB]"I don't think the supporters will be pleased - certainly the ones I have spoken to aren't happy.[LNB]"There is genuine anger. We should never have been in the position we are in, a poor legacy has been left by Murray."[LNB]Ellis' revelation that he is looking to complete his takeover later this month will be met with "qualified optimism" by the Ibrox support, according to Edgar.[LNB]Ellis said: "The bid includes all the club's debt and I'm optimistic there will be serious developments in the next three to four weeks."[LNB]Edgar said that the RST will meet up with Ellis in the forthcoming weeks to seek answers to questions that are being asked by the whole of the Rangers support.[LNB]He said: "I suppose you could say the news has been met with qualified optimism.[LNB]"We don't know a lot about him and we couldn't find out a lot about him during the due diligence process.[LNB]"We had informal discussions with his representatives recently but at this stage we simply do not know enough.[LNB]"Now we look forward to hearing answers to some pertinent questions, the first one, of course, being, 'Why bid for Rangers?'[LNB]"He has no historical connection with the club, although that is not necessarily a bad thing.[LNB]"We also want to know where he sees the club in a few years' time, so there are concerns.[LNB]"But what I will stress is that Andrew Ellis has conducted himself perfectly through the negotiations.[LNB]"He has been doing all the right things.[LNB]"If the bid goes through, it will take the club out of the bank's control, which is fantastic.[LNB]"But the Rangers support is suspicious; promises have been made in the past and not kept.[LNB]"Andrew Ellis will have to deliver what he says he will deliver, and if he does, he will get the full support of the fans."
