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Attacking King and Gough's "twisted logic", where season ticket money would be held and only released to the club when certain conditions are met, the board state that "it has no intention of granting security over Ibrox to anybody.

"Mr Wallace has brought his considerable business experience together with his extensive knowledge of top level football operations and impeccable reputation to the Club and we continue to see the benefits of his work. To question his integrity, ability or professionalism as a means to discredit him personally and to undermine the Board generally is absolutely unacceptable.

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Nike Cortez Mens New

"Any supporters considering engaging with Ibrox 1972 Ltd should be clear that as the Club will not grant security over Ibrox to any such organisation, there is no prospect that any commitment to this new scheme will ever come to fruition and is therefore entirely meaningless. Nor will the Board enter into any agreement with a third party organisation on season ticket renewals, as is being suggested.

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"The absurd attacks made by individuals associated with this new scheme on Chief Executive Graham Wallace are disgraceful. Since Mr Wallace joined the Club he has worked tirelessly to create a Rangers fit for the future.

It goes on to brand perceived "attacks" on chief executive Graham Wallace "disgraceful", continuing: "Since Mr Wallace joined the Club he has worked tirelessly to create a Rangers fit for the future.

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The statement was released this afternoon, just as the Court of Session delivered its verdict on former commercial director Imran Ahmad's bid to freeze 620,000 in the club's accounts.

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"Mr Wallace has the Board's unequivocal support."

"It is also important to note that should existing season ticket holders choose not to renew by the 16th May deadline, as is Nike Cortez Black And White

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THE board has gone on the offensive attacking the fund fronted by investor Dave King and former Rangers captain Richard Gough on an afternoon where former director Ahmad lost his court bid to freeze 620,000 of the club money.

"We are only too aware that our incredibly loyal supporters have been through remarkably testing times in recent years, but Rangers has made significant progress in recent months, both on and off the field.

only damage the Club. Such action would only serve to harm the very institution that is so dear to all of us."

The board conclude by insisting that "a bright future awaits," despite the weight of evidence to the contrary and add: "We would respectfully ask our fans to support the Club and renew their season tickets. Season ticket sales are the largest single source of income for Rangers and only the Club and the team will Nike Cortez Mens New suffer if some of this income is withheld.

THE Rangers board has released an official statement on the club's website, attacking the fans' fighting fund fronted by investor Dave King and Ibrox legend, Richard Gough.

being encouraged, they could lose their seat allocation. The Club believes it must as it always does at this time of the year attempt to satisfy the requests we have received from current season ticket holders who wish to relocate to other available seats around the stadium.

"For the avoidance of doubt and so that all Rangers fans are again reassured, the Board has stated that it has no intention of granting security over Ibrox to anybody. We have already shown in our actions and not words that our stadium is sacrosanct.

THE board has gone on the offensive attacking the fund fronted by investor Dave King and former Nike Cortez Rare

"Any decision not to renew season tickets can Nike Cortez Classic On Feet

Rangers captain Richard Gough on an afternoon where former director Ahmad lost his court bid to freeze 620,000 of the club money.

Lord Armstrong ruled at the Court of Session this afternoon that while there is "some scope for concern" over Rangers' finances, it could not be proved that the club would be insolvent by 2015 when any liability would be due.

Ahmad claims he is owed around 500,000 in unpaid bonuses and had argued that the club was trading while effectively insolvent.

"We have already shown in our actions and not words that our stadium is sacrosanct."

THE STATEMENT IN FULL:

"Attempting to create a fund that wishes to deprive revenue to the football club these men purport to love so much and create financial difficulty for Rangers, displays a twisted logic.

Branding the fund "a worthless academic exercise created to serve the purposes of individuals and not the greater good of Rangers Football Club", the board warns fans opting not to renew their season tickets and instead place their money in trust in the Ibrox 1972 fund could lose their seats at the stadium.

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Nike Cortez Mens New

Nike Cortez Mens New

"Mr Wallace has the Board's unequivocal support.

"The Board of Rangers note with dismay the launch of the 'Ibrox 1972 fund' led by Dave King and Richard Gough.

"Therefore this scheme is a worthless academic exercise created to serve the purposes of individuals and not the greater good of Rangers Football Club. It could never deliver the stability and security this football club and our supporters deserve.

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"Mr Wallace has brought his considerable business experience together with his extensive knowledge of top level football operations and impeccable reputation to the Club and we continue to see the benefits of his work. To question his integrity, ability or professionalism as a means to discredit him personally and to undermine the Board generally is absolutely unacceptable.

´╗┐worthless exercise created to serve the purposes of individuals and not the club

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