Green issues Celtic challenge
Since being granted conditional membership of the SFA on Friday the former Sheffield United chief has been on a charm offensive to win over reluctant Ibrox fans.
Season ticket sales have been counted in hundreds rather than thousands with Green’s boast that the club will have £30m in the bank at the end of July likely to fail.
After seeing off Brechin in the Ramsdens Cup the Yorkshireman issued a bullish challenge to the SPL champions.
“If you look at the balance sheets at the end of next season you should see the strength of the two companies,” Green claimed.
“We are in the Third Division and Celtic are in the SPL and what I’d like you to do is promise me at the end of this season, when all the games are played, examine the balance sheets of the clubs and tell me which one is the strongest?
“Then let’s see who has got the strongest balance sheet.
“We’ve not got the debt that any of these clubs have and on the last day of the season I would really enjoy some clever financial analyst looking at the balance sheets and debt-to-equity ratio of every club in Scotland.”
Rangers fans have been reluctant to buy into Green’s Sevco vision but that hasn’t put the Ibrox chief off from raising funds.
He added: “We said we would raise between £20million and £30m but the reason we couldn’t put the season tickets on sale was the same reason we couldn’t go out and raise further money until we knew we had a football club that was going to be allowed to ply its trade.
“That’s why we got that signed off on Friday and we have a meeting at 8.45am on Monday so we are hardly letting the grass grow under our feet.
“This is the start of the process on Monday when we go to London to start the meeting with stockbrokers. That is when the fans can take up ownership. They can buy into the club.”
What name that club takes remains a mystery with HMRC clamping down on phoenix businesses that bear a strong resemblance to a business that has been liquidated within the previous twelve months.
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