Green puts focus on SFA membership

24 July 2012 07:17

Charles Green tried to turn the focus back on his attempts to secure Rangers' membership of the Scottish Football Association after claim and counter-claim over Brian Kennedy's continued interest in securing a majority stake of the newco club.

The Sale Sharks owner confirmed reports that he had submitted an offer - £5.6million for a 51% stake - and claimed he had held meetings with representatives of Sevco Scotland shareholders. Green insisted he had not received an offer, that his Sevco consortium were not interested in selling a majority stake and said he was unaware of any official representative holding a meeting.

Green said: "Many people had the opportunity to purchase the club prior to our consortium but failed to do so, including Mr Kennedy. Talk of yet more bids is a distraction from the very real task of securing SFA membership and rebuilding the club for the future. That is our sole focus and should be the priority for everyone with Rangers' best interests at heart."

Kennedy was involved in two failed bids for Rangers before Green signed an exclusive deal with administrators, which led to Sevco buying the club's assets for £5.5million when it was consigned to liquidation.

He released a statement on Monday night, his second of the day, which read: "This evening my lawyers have submitted to the offices of Zeus Capital, a copy of the offer document, along with proof of funding, that was considered and rejected by the controlling investors in Sevco around 27th June 2012.

"However, this offer will remain on the table for an open-ended period of time.

"I fully respect it is the legal prerogative of the controlling investors to accept or reject any offers for the shares, but I remain ready, willing and able to support the long-term interests of Rangers Football Club."

Doubts remain over the ability of Sevco to fund the club in the short term after it was consigned to the Irn-Bru Third Division, subject to SFA membership.

Sevco have rejected at least two bids for the club - one of around £6million from a Walter Smith-fronted consortium and one of £8.7million from a group led by John Brown. Talks over issues surrounding television rights and possible sanctions, which include a delayed 12-month transfer ban from the SFA, have lasted more than a week.

A deadline for bids for the rights to show SFL games expired on Monday night with the SPL hoping to secure the rights in order to increase their prospects of retaining their deal with Sky and ESPN.

Source: PA

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