Another false alarm for Rangers fans?
05/04/2011 33 Comments
There must a psychological term for having no memory for disappointment. Whatever it is Rangers fans, and their media boosters, seem to have a bad case. There seems to be no learning from previous cynical manipulations from the people who currently own Rangers.
Today’s Sky Sports News story just so happened to be released 15 minutes before Companies House posted the financial results for Rangers’ parent company, Murray International Holdings Ltd (MIH). The results were for the 12 months to 30 June 2010 (almost a year ago) and reveal that MIH made a loss of £71.7m and had equity of just £7.7m. (This includes Rangers’ greatly inflated net asset figures). Sir David Murray’s media manipulation is the stuff of legend, and this looks to be another glorious chapter. Within an hour of the story of a ‘done deal” being planted on SSN and FollowFollow.com, the inevitable modifications started seeping out. “…just a few more things to iron out”.
If those things include (as I suspect) the price for MIH’s shares and responsibility for the assorted tax bills (those received and those yet to arrive), then this farcical fakeover story is no further forward.
However, it will have served its purpose in distracting a media pack that seems more ready than ever to turn on Murray from another set of disastrous financial results.