Green gives specifics on consortium

18 May 2012 16:17

Charles Green has named two members of the Sevco consortium who are set to take over Rangers.

The former Sheffield United chief executive has so far been unwilling to divulge the identities of those planning to invest in the club, but he has revealed that Indonesian businessman Jude Allen and Middle Eastern lawyer Mazen Houssami are involved in the bid, along with a Singapore family trust.

Green said at the weekend that 20 individuals and families have pledged support and he now claims that interest in joining the consortium he fronts is growing on a daily basis.

He told RangersTV: "I can now provide two names, as I have clearance to do so on their part, of investors who are on the list. One guy is Jude Allen, who is an Indonesian investor, and the second is a lawyer from the Middle East, Mazen Houssami. These two are very prominent in their areas.

"It's a great opportunity for us to build on their experience, their connections in those regions, because we want to take the Rangers brand into these areas. here are other names but, for today, they are two very prominent businessmen who are backing the football club. And, in addition to these two previous names, there is also a Singapore family trust."

Green explained his reasons for protecting the anonymity of those involved in the takeover, despite fans' demands for transparency.

He added: "The reluctance to reveal investors initially was because a lot of these investors are offshore trusts and individuals who didn't want their name in the press and media because they, like everyone else in the world, have been watching the Rangers story unfold through the media since February, and indeed before that, and these people are not publicity seekers.

"They want to invest in the football club for the right reasons. The other problem is that we have got an extensive list of interested parties and that list is growing daily.

"Since the announcement was made, we have had a number of people who were not in my original contact list and some of those are local people that we are speaking to.

"We have visitors today at the club and we had visitors yesterday - all of whom are interested in becoming investors. That's great news for me because, first of all, it shows there is a belief that this club can be rescued."

Source: PA