Loading ...Redevelopment Announcement
SIR DAVID MURRAY has revealed Glasgow City Council are set to rubber-stamp Rangers’ plans to transform the land surrounding Ibrox Stadium. 
They should give the green light to a project which sees the flats at Hinshelwood turned into a complex that includes hotel accommodation and retail outlets tomorrow.
Speaking at today’s club AGM, chairman Murray revealed the redevelopment also encompasses the football pitch at the Ibrox Community Complex.
Once plans are given the go-ahead, the Light Blues will seek appropriate partners to work with as they strive to significantly improve the area.
Murray said: “We are very pleased to announce that belatedly, there will be a statement and rubber-stamping by Glasgow City Council tomorrow.
“It will confirm they have agreed to pass the ownership of certain grounds across to us for development.
“I apologise for the delay but it was outwith our control. I believed it was being signed legally in May, June and July and even went to the City Chambers with Martin Bain.
“We went there in July expecting it to be signed, only to be told the paperwork wasn’t ready.
“I accept there have been delays but we still believe there is a viable plan to develop.
“Martin and (director of finance) Donald McIntyre have worked very hard on this for the last year and we are assured it will be approved tomorrow.”
Murray stated there are also plans to redevelop the stadium but conceded in the midst of the credit crunch, it is likely to be some time before Rangers can put them into action.
Instead, he chose to focus on the exciting announcement due to be made that will place Gers amongst the most forward-thinking clubs in Europe.
Murray added: “A year ago, Martin and I had been looking at Lyon’s plans as they look to build a new stadium.
“But at the moment our plan, to be quite honest, doesn’t stand up financially in this climate.
“With that said, we still have a plan to redevelop the stadium and we will do that in consultation with our supporters.
“Regarding tomorrow’s announcement, let’s be positive and hope both that the economy is in better shape and we find suitable partners to work with us.
“We have a masterplan which will hopefully be of financial benefit to Rangers. The funds will go to the club, nobody else.”
Tags: Ibrox, Rangers, Redevelopment
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