Robert Sarver has pulled the plug on his bid to buy Rangers after the Ibrox board rejected his 20million pounds ($30 million) takeover offer.
The US financier wanted to buy a controlling stake in the crisis-hit Glasgow outfit but saw his hopes spurned when the Rangers directors decided they could not get 75 per cent of shareholders to back him.
Now the 53-year-old has opted against...
LONDON -- Phoenix Suns owner Robert Sarver has increased a takeover offer for financially troubled Scottish soccer club Rangers.
Sarver announced to the London Stock Exchange that he is offering 20 million pounds ($30 million) - two million pounds ($3 million) more than an earlier rejected bid - as well as an emergency loan of 6.5 million pounds ($10 million).
The NBA team owner...
Via AP on Fox
16 days ago
GLASGOW, Scotland (AP) Phoenix Suns owner Robert Sarver has had an initial takeover offer for financially troubled Scottish soccer club Rangers rejected.
Rangers says in a statement to the London Stock Exchange that Sarver's bid of 18 million pounds ($27.4 million) does not ''adequately value a controlling interest,'' but added it invites him ''to work with other supporters to help...
Via AP on Fox
18 days ago
Robert Sarver, the majority owner of the Phoenix Suns NBA basketball team, has made an approach to Rangers which may lead to an offer being made for the company, the club have announced to the Stock Exchange.
Reports emerged on Sunday that an Â£18million takeover bid from Sarver had either been lodged or was about to be and on Monday the club confirmed interest from the 53-year...
Fans who attended Thursday’s preseason game between the Phoenix Suns and San Antonio Spurs didn’t exactly witness the best basketball, and Suns owner Robert Sarver wasn’t happy about that fact. During a timeout late in the fourth quarter at the US Airways Center, Sarver suddenly commandeered the PA announcer’s microphone and apologized to the fans for paying to see a poor...
The Phoenix Suns cruised to an easy 121-90 win over the San Antonio Spurs in preseason action Thursday night, in part because the defending champs barely brought half their team. Suns owner Robert Sarver was not happy about that, and he took the microphone during a TV timeout to apologize to the fans. “Hey everybody,...Read More
Phoenix Suns owner Robert Sarver was mad as hell and he wasn’t going to take it anymore. Okay, that may be a bit of a stretch, but Sarver did feel compelled to apologize to fans who showed up US Airways on Thursday night for the team’s preseason game against the San Antonio Spurs expecting to […]
The post Suns owner calls out Spurs, Gregg Popovich for not showing up for preseason...
Sarver says over the PA that this isn't the team (Spurs) that fans paid to see. He said he'd send a gift to fans who mail him a ticket stub.
— Paul Coro (@paulcoro) October 17, 2014
Robert Sarver has been incredibly impressed by the leadership of 33-year-old general manager Ryan McDonough.
"Given his age, I was really surprised at Ryan's level of knowledge and confidence," Sarver said. "A lot of guys can get wishy-washy about their convictions when it comes to players and coaches, but he had such strong opinions – such conviction – of what he wanted to do...
December 24, 2013