Green Committed to Rangers for Long Haul

May 19, 2012

Charles Green has said he is committed to Rangers “for the long haul” as he tried to reassure fans of the Glasgow club.

Speaking to RangersTV the former Sheffield United chief executive accepted his consortium face a difficult task but he is focused on getting the club back on a sound financial footing.

“It’s been the longest week that I have ever endured. Progress is being made but there are huge hurdles to overcome both from the media point of view because there has been a lot of mistrust, doubt and scepticism which is understandable.

“There are also a lot of regulatory issues to overcome and the huge financial hurdles. If you look at my duties over the last five days – it seems like a month – they are the three key areas that have been occupying my time.

“All I can do is speak openly to try to make myself available. I have tried to speak with supporters groups and interact with the media.

“I have never experienced anything like this in my lifetime. It’s a great asset of the club that the fan base is so strong, so intense and so willing to get behind the club but it is something that took me off guard.

“All I am trying to do is be open and honest and I think people respect that. They don’t want the lies and the distrust that they experienced over the last few years.”

Some Rangers’ fans remain troubled by the exclusive deal Green signed with former owner, Craig Whyte, whose shareholding he bought for £1.

But Green said: “The contract was signed by Craig Whyte and witnessed by the lawyers and advisors. That contract between Craig Whyte and Sevco, the bid vehicle, is binding. The only way that the contract will terminate is in the event of the CVA not being approved.

“Mr Whyte’s transfer of shares to Sevco is conditional upon that but otherwise it is irrevocable.

“We are here for the long haul regardless of the situation. If someone wanted to turn a fast buck there would be a lot quicker and easier ways of doing it rather than investing in Rangers in its current situation.

“I would be disappointed if fans wondered why we wanted to invest in Rangers because they know better than me that it’s one of the best clubs in the world with a fanatical supporter base and it’s testimony to them that they are still all here after all they’ve gone through.”