Rangers: Newcastle's Mike Ashley ready to buy Ibrox share

Last updated on .From the section Football

Rangers will be able to borrow as many as nine Newcastle players in a deal that will see Magpies owner Mike Ashley buy a share in the Ibrox club.
The Scottish FA is set ratify the move on the condition Ashley owns no more than 10% of Rangers and has no personal role in running the club.
Ashley's Sports Direct firm will then take over Rangers' replica kit merchandising operation.
Negotiations are under way with JJB Sports to end their retailing contract.
JJB Sports and Rangers entered a 10-year merchandising contract in 2006, when the Glasgow club received an initial payment of £18m with a guaranteed minimum annual royalty of £3m.
Any Newcastle players switching to Rangers on loan would need to do so before the end of this month, when a year-long signing embargo comes into place for the Scottish Division Three club.
In February, Rangers went into administration owing up to £134m to unsecured creditors. As a result, its registrations with the Scottish FA and Scottish Premier League were terminated.
Businessman Charles Green led a consortium to buy Rangers' assets for £5.5m and reformed the club as a new company.
But the 'newco' did not get the required votes for re-admittance to the SPL and instead, the new Rangers were relaunched in Division Three, drawing 2-2 with Peterhead in their opening game.
Under the terms of the agreement with Newcastle, Rangers are also likely to play the Magpies in a friendly.
Ashley spent £134m to assume control of Newcastle in 2007.
Green hopes to announce other new investors in the club shortly.
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But.,agree with Ally.There are far too many bigots in this sport.
Just wish Ally would admit that some of the idiots supporting his team,are just as bad,as some of the idiots supporting,you know who.
No one can win.
Not the Sport.
Not Religion.
Hate for a fellow human being...
Makes for a very sad loser.
Rangers need to sign enough players to last at least 2 full seasons, they can't sign anyone next summer. After losing 20-25 players, with some players still to leave, they will need to bring in many players before the end of August. Not just for this season but mainly for the next.
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EBTs are legal, the offence is not declaring the payments to the SFA as all clubs are requires to do.
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Portsmouth did not pay undeclared side contracts to their players. THIS is the offence that would lead to loss of titles, it has nothing to do with the liquidation
The rules haven't been changed. To suggest that UEFA are helping Rangers is quite frankly laughable. You must be afraid of Rangers return to dominance.
What do Rangers and Celtic fans have in common? Both obsessed with Rangers.
As long as Ashley doesn't run the club we're ok. Ally picks the team.
the newco cannot be striped of titles since it has never won any.
the oldco can quite easily be stripped of titles and the history books adjusted accordingly.
I'm not saying runner up will be awarded the title but if won by cheating then the winner should be stripped of the title.
Funny how you think some comments are ridiculous have in fact posted a very silly one yourself.
http://www.telegraph.co.uk/sport/football/teams/scotland/8530954/Peter-Houston-slams-Alan-Pardews-cricitism-of-Scottish-Premier-League-after-Fraser-Forster-jibe.html#
liamC02
9 Minutes ago
Reminder to self; Never buy out of Sports Direct ever again.
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if you already but from there you'll be back when they have a sale on reebok classics and tracky bottoms
then in an earlier tweet,
" ...if WE had lost the tax case. . .
Your nose wouldn't be a slight shade of Azur would it?