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Scottish Sun
3 days ago
- Business
- Scottish Sun
Former Rangers supremo Sir David Murray admits his decision to sell to Craig Whyte ‘tarnished' his Ibrox legacy
He says his decision was taken "in good faith" BAD CALL Former Rangers supremo Sir David Murray admits his decision to sell to Craig Whyte 'tarnished' his Ibrox legacy Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) SIR DAVID MURRAY still looks back with immense pride on the heart- pumping highs of his Rangers tenure. He recalls the night they secured nine in a row at Tannadice. Sign up for the Rangers newsletter Sign up 5 David Murray with Paul Gascoigne and Walter Smith 5 Craig Whyte arrives at Ibrox and waves to the fans at the front door 5 David Murray book serialisation – collect pix from PR Book cover for Mettle Credit: Not known, clear with picture desk He remembers battling Marseille for a place in the first ever Champions League final back in 1993. And he thinks back to the thrill of sealing deals to sign Paul Gascoigne, Brian Laudrup and a world-class cast of superstar players. But the former Ibrox owner is also dogged by regrets over what came next. Rangers plunged into administration and liquidation after Murray's £1 sale to Craig Whyte in 2011. They fell to the fourth tier of Scottish football. When once it was Marseille and Ajax, now it was Montrose and Annan. Now, 37 years after he first bought Gers from Nevada-based Lawrence Marlborough in a shock £6million deal, Murray opens up on the pain of watching the catastrophic collapse at Ibrox. And in his new autobiography — 'Mettle: Tragedy, Courage and Titles' —he speaks of a legacy tarnished by one of the worst spells in the club's history. Murray said: 'Ask me if I regret the manner in which the club finally changed hands in 2011 or dealing with the man I ultimately sold it to and then sitting right inside the lion's cage for the subsequent circus: Of course I do. 'My decision was taken in good faith. 'I thought, 'I hope to God I have done the right thing. I've passed it on'. New Rangers chiefs Andrew Cavenagh and Paraag Marathe's first interview 'It has now been 14 years since I relinquished control of the club and there is no doubt that my legacy was tarnished. 'The first 15 or 16 years of my tenure were outstanding — but the final few years were tricky and took a lot out of me. 'When we were in that tight period, I ploughed a lot of money into the club. 'I worked out that our company had put just short of £80million into Rangers during my time at the club. 'Ultimately, when the crash came, I took the fall. 'No one else. I was captain of the ship.' Ironically, Murray had worked with and signed some of the greatest club captains of all time in the likes of Terry Butcher and Richard Gough. 5 Rangers chairman Sir David Murray at the training centre which was named in his honour He inherited close pal Graeme Souness as manager then appointed title winners in Walter Smith, twice, Dick Advocaat and Alex McLeish. Gers won nine straight titles and made a mark in Europe, even reaching the 2008 Uefa Cup final in Manchester during Smith's second spell at the Ibrox helm. But Murray now admits he was ready to walk away from the club by the time Whyte arrived at his door in 2011. He said: 'The question I still frequently get asked is, 'Do you regret selling Rangers?'. And the answer is always, 'No'. My time was up — 23 years was too long. We had enjoyed the greatest success in the club's entire history but it was clearly time for change.' As Whyte applauded skipper David Weir lifting the SPL championship trophy at Rugby Park just days after taking over from Murray, few could have predicted the calamitous collapse that followed. It left Gers teetering on the edge of the abyss — and remains a source of regret to the Ayr-born steel tycoon. 5 David Murray announces proposals for a new club deck on the main stand Murray added: 'It was undoubtedly a low point in the club's history and even now, more than a decade later, I still feel responsible. 'It's still difficult to believe that it got as far as it did but I will never try to hide. 'Thankfully for the fans, Rangers have survived. 'And across the past few years they have remained competitive, even reaching another European final.' He also lifts the lid on Gers' battles with their Old Firm rivals over his 23 years at Ibrox — and the shift in the balance of power in Glasgow. SIR DAVID MURRAY: A TIMELINE 1951 - Born in Ayr 1974 - Founds Murray International Metals aged 23 1976 - Loses both legs in a car crash 1984 - Awarded Young Scottish Businessman of the Year 1988 - Buys Rangers FC for £6million 1989 - Rangers win the first of a record-equalling nine successive league titles and buy first high profile Catholic, Maurice Johnston, for £1.5m from under the noses of Celtic. 1991: Walter Smith succeeds Graeme Souness as manager. 1992 - Wife Louise - mum of their two sons - dies after a cancer battle. 1993: Rangers sign Duncan Ferguson for a record transfer fee between British clubs of £4million. 1995: Paul Gascoigne signs for a club record £4.3m. 1998: Dick Advocaat is appointed manager and club break their transfer record three times that summer by signing Arthur Numan (£4.5m), Giovanni van Bronckhorst (£5m) and Andrei Kanchelskis (£5.5m). Murray declares that for 'every £5 Celtic spend, we will spend £10.' 2000: Rangers smash transfer record by signing Tore Andre Flo from Chelsea for £12m. 2001: Murray Park is opened at a cost of £14m. 2007 - Knighted for services to business 2009 - Sir David steps down as Rangers chairman and as a member of the board, with the club having won 15 titles and 21 cups during his tenure May 2011 - He sells his controlling interest in Rangers for £1 to Wavetower Limited, owned by businessman Craig Whyte. Gers fans, however, remain split over Murray's true legacy to the club. Many recall the on-field highs of the 1990s, the spending power of Advocaat and legend Smith's emotional return after the failed gamble on Paul Le Guen. But others still apportion blame for the financial slide and insist he should have done more to probe Whyte's background — and his ability to take Gers forward. Murray said: 'I hope, in hindsight, Rangers fans will understand that there were a number of key factors going on in business and my life that they were simply not aware of at the time. 'I was caught in the perfect storm of a bank collapsing, a shocking result in Europe against Kaunas that cost us millions, a club essentially in financial difficulty and a medical condition that I couldn't announce publicly but put my life sharply into focus.' Football's scoop of the century By Roger Hannah IT'S The Sun Wot Broke It. But Sir David Murray didn't mind that his historic swoop for Maurice Johnston was first revealed on the front page of this newspaper in 1989. He was just relieved he'd managed to help Graeme Souness pull off a transfer swoop which rocked Scottish football. Even now, 36 years on, landing the Scotland striker from Celtic's grasp — and making him the first high- profile Catholic to play for Gers — is regarded as the most audacious swoop of all time. And Murray recalls: 'All the talk was of Johnston joining Celtic. But Graeme came to me and said, 'Apparently he's not signed, the paperwork's not done, we can get him'. 'I asked for a day to think about it, phoned him and said, 'Yes, I think we should do it for numerous reasons — for football reasons and to remove an area where we can be criticised for not signing Catholic players. And why not make it the best one, who can come in and contribute?' 'Even though at that time Mark Hateley and Ally McCoist were the strikers and had an excellent partnership. 'Finally, just 24 hours before we were due to unveil the player, we took a call from a young journalist at The Sun in Scotland ahead of a story being published. 'On July 10, 1989, The Sun ran half of its front page with the simple headline MO JOINS GERS. 'It certainly didn't spoil the unveiling. If anything, it ramped up the tension!' Johnston, who had played with Celts before a spell at Nantes in France, was pictured with Hoops boss Billy McNeill in 1989 but hadn't signed his contract to return. Gers boss Souness, who had played with Johnston for Scotland, realised the move hadn't been concluded and kickstarted the monumental move. The Champions League qualifying defeat in Lithuania, just months after the Uefa Cup final loss to Zenit St Petersburg, was a bodyblow to Gers. The club was wrestling with debts and the spectre of a major HMRC probe also hung over Ibrox after the controversial use of EBTs. Liquidator BDO ultimately reached a £56m agreement with HMRC to close its tax case against Gers' use of employee benefit trusts. BDO revealed 'formal settlement documentation will ensure that HMRC will not raise any further claims in the liquidation'. The Supreme Court had ruled against the club in 2017 — fully five years after Whyte placed Gers in administration, leading to the company's liquidation and the appointment of BDO. BDO says it 'represents an agreed reduction to HMRC's initial submitted claim in the liquidation'. - Mettle: Tragedy, Courage & Titles by Sir David Murray, is on sale Thursday July 3 from Amazon and all good bookshops. Preorder on Amazon here. Sir David is donating his royalties to Erskine Hospital. Keep up to date with ALL the latest news and transfers at the Scottish Sun football page
Yahoo
5 days ago
- Business
- Yahoo
Richtech Robotics' (RR) AI-Powered Robot ADAM Serves Over 16,000 Drinks in Las Vegas
Richtech Robotics Inc. (NASDAQ:RR) is another company on the list of the 7 most popular AI penny stocks under $5 to avoid. On June 17, Richtech announced that its AI-powered robot, ADAM, has surpassed the milestone of serving 16,000 drinks at its flagship Clouffee & Tea location in Town Square, Las Vegas. A technician adjusting a human-machine interface in a laboratory surrounded by indoor multi-terrain robots. ADAM is equipped with proprietary AI software that runs on NVIDIA's chipset. The proprietary vision-AI technology allows the robot to monitor each cup in real-time. As such, it can adjust pour angles, flow rate, and timing for millimeter-level accuracy. Additionally, the robot can engage customers, suggest beverages, and execute complex recipes precisely and quickly. According to Matt Casella, President of Richtech Robotics, surpassing 16,000 drinks served is a 'compelling validation of ADAM's real-world performance and commercial viability.' He emphasized that ADAM delivers a faster, smarter, and more engaging customer experience. This aligns with the company's objective to transform service models in food and beverage. Richtech Robotics Inc. (NASDAQ:RR) is a Nevada-based provider of AI-driven service robots. It specializes in the service industry, including the hospitality and healthcare sectors. The company designs, builds, and sells robots for food and beverage service, indoor delivery, and cleaning. Leading products so far include Matradee, ADAM, Titan, and DUST-E. While we acknowledge the potential of RR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Canadian Securities Exchange Welcomes Listing of Rush Gold Corp.
Toronto, Ontario--(Newsfile Corp. - June 23, 2025) - The Canadian Securities Exchange ("CSE" or "the Exchange") today welcomed the listing of Rush Gold Corp. ("Rush Gold" or the "Company"). The Vancouver-based Company has completed an initial public offering of 4.5 million common shares. The common shares began trading on the CSE today under the ticker symbol RGN. Rush Gold is engaged in the business of mineral exploration in the United States. The Company is focused on the Skylight property, which consists of 16 claims totalling approximately 330 acres located in the Republic Mining District in Nye County, Nevada. Rush Gold has an option agreement to earn a 100% interest in the Skylight property. The Company plans to carry out a phase one exploration program shortly after listing. "The price of gold continues to trade near record levels amid global political uncertainty and the dearth of significant new production," said James Black, the CSE's Vice President, Listings Development. "The CSE is a world leader in listing the shares of entrepreneurial mineral exploration companies with the potential to discover and develop new gold reserves. We wish Rush Gold success at the Skylight property." Anthony Zelen, CEO of Rush Gold, commented: "We are excited to announce our listing and the commencement of trading today on the CSE, marking a major milestone for our company. With gold prices recently reaching all-time highs, this is an ideal time to advance our early-stage, Nevada-based precious metals property. This listing enhances our visibility and opens new opportunities for growth as we move forward with exploration at our Skylight property and work to deliver value to our shareholders." About the Canadian Securities Exchange: The Canadian Securities Exchange is a rapidly growing exchange invested in working with entrepreneurs, innovators and disruptors to access public capital markets in Canada. The Exchange's efficient operating model, advanced technology and competitive fee structure help its listed issuers of all sectors and sizes minimize their cost of capital and enhance global liquidity. Our client-centric approach and corresponding products and services ensure businesses have the support they need to confidently realize their vision. The CSE offers global investors access to an innovative collection of growing and mature companies. STAY CONNECTED WITH THE CSE ============================= Website: TV on YouTube: "The Exchange for Entrepreneurs™" Podcast: Contact:James Black To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Newsweek
18-06-2025
- Business
- Newsweek
ICE Raids Venue of Trump's Former Business Rival
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Federal immigration authorities raided Delta Downs Racetrack Casino Hotel in Vinton, Louisiana, Tuesday as part of a targeted effort to locate undocumented workers within the U.S. racehorse industry. The business is owned by Nevada-based Boyd Gaming. The Boyd family was once considered a rival of President Donald Trump's business empire, when the then-mogul operated a number of casinos. "Our Company complies fully with federal labor laws, and to our knowledge, no Delta Downs team members were involved in this matter. We will cooperate with law enforcement as requested," said David Strow, a spokesperson for Boyd Gaming, in a statement to Newsweek. The Delta Downs racetrack in Vinton, Louisiana, is owned and operated by Boyd Gaming. The Delta Downs racetrack in Vinton, Louisiana, is owned and operated by Boyd Gaming. Courtesy KPLC In a lengthy statement about the operation, ICE said it had arrested approximately 84 illegal immigrants at the track, and that at least two had previous criminal records. "An investigation into potential criminal conduct related to the hiring of the illegal aliens remains ongoing and an assessment of whether any civil penalties are appropriate is being conducted," the ICE statement read. Why It Matters Trump has vowed to carry out the largest mass deportation operation in United States history. However, the policy has sparked concerns about its potential ripple effects on the economy. Immigration agents have been conducting raids across the country as they look to remove millions of migrants without legal status amid Trump's hard-line mass removal policy. The White House has said that anyone living in the country "illegally" is a criminal. Critics say the raids sow fear within immigrant communities. What To Know The Boyd family operates several properties in Las Vegas, where Trump maintains partial ownership of the Trump International Hotel Las Vegas. Boyd Gaming also once partnered with MGM on the Borgata Hotel Casino & Spa in Atlantic City, which was meant to compete against Trump's former properties there before they entered bankruptcy. According to a report from the Daily Racing Form, the raid at Delta Downs focused on backstretch workers, many of whom are vital to the daily operations of horse training and care. Witnesses described a large federal presence, with ICE agents entering dormitories and on-site worker housing. ICE said the operation "focused on the businesses that own and race thoroughbred and quarter horses out of the stables at the racetrack and the employees who work for them and take care of the horses." Vinton Police Chief Scott Spell said his department was notified Tuesday morning about a coordinated operation involving Louisiana State Police, Homeland Security Investigations (HSI) and U.S. Customs and Border Protection (CBP). He clarified that Vinton Police were not involved, noting that Delta Downs falls outside the department's jurisdiction. Some business leaders have reached out to Agriculture Secretary Brooke Rollins to express concern that worker attendance is plummeting amid fears of potential ICE enforcement, with many laborers avoiding job sites entirely, according to the Daily Racing Form report. According to the American Business Immigration Coalition (ABIC), agricultural production could decline by $30 billion to $60 billion if Trump's deportation policy is fully enacted, while the American Immigration Council projects that the president's policy could conservatively carry an operational cost of $315 billion for a one-time mass deportation. What People Are Saying ICE said in an unattributed statement: "The operation was conducted after authorities received intelligence indicating that the businesses operating out of the stables at the racetrack were employing unauthorized workers. Those suspicions were further confirmed during a subsequent site visit." Ed Fenasci, the executive director of the Louisiana HBPA, said: "With the feds involved, there's not much we can do or say." Calcasieu Parish Sheriff's Office spokeswoman Kayla Vincent said its officers "provided limited support by helping search the premises."
Cision Canada
17-06-2025
- Health
- Cision Canada
Avant Technologies' JV Partner, Ainnova, Begins Diabetic Retinopathy Screenings with Leading Pharmacies
LAS VEGAS, June 17, 2025 /CNW/ -- Avant Technologies, Inc. (OTCQB: AVAI) ("Avant" or the "Company"), and its JV partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced that screenings for diabetic retinopathy begin this week in collaboration with Grupo Dökka and its leading pharmacy subsidiaries, Fischel Pharmacies and La Bomba Pharmacies located in Central America. Both Fischel and La Bomba Pharmacies have asked their diabetic customers to schedule a free screening as part of a collaborative program where Ainnova will use its cutting-edge AI platform, Vision AI, to help identify changes in the retina using a quick and non-invasive scan of the patient's retina. Vinicio Vargas, Chief Executive Officer at Ainnova and a member of the Board of Directors of Ai-nova Acquisition Corp., a joint venture company created by both Avant and Ainnova, said of the benefits for the collaboration, "As we begin similar initiatives in Mexico, our goal is to close the patient care loop with timely treatment—connecting every step of the journey. We are integrating pharma, retail, ophthalmologists, and our technology into a unified experience, all driven by one incentive: the well-being of the diabetic patient. Projects like this allow us to validate the model across diverse populations and sectors as part of our strategy to reach the market in a smarter, more efficient way—where the biggest winners are the patients." Diabetic retinopathy is one of the main causes of vision loss in people with diabetes. Although, in its early stages, it may not present symptoms, it can be detected with a simple and quick screening. The screenings are important for: Prevention: Screenings will detect changes in the retina before they affect vision. Speed: Each screening takes only a few minutes. Peace of Mind: Patients will receive the results of the screening in a secure and timely manner. Grupo Dökka, which operates in Costa Rica, Nicaragua, and Panama with expansion expected into other Central American countries, has created numerous innovative platforms, including storage and distribution, pharmacies, and marketing and sales, that provide access to comprehensive health and well-being solutions for all people. About Ainnova Tech, Inc. Ainnova is a Nevada-based healthtech startup with headquarters in San Jose, Costa Rica, and Houston, Texas. Founded by an experienced and innovative team that is dedicated to leveraging artificial intelligence for early disease detection. Recognized with multiple global awards and renowned partnerships with hospitals and medical device companies, we proudly introduce Vision AI – our cutting-edge platform designed to prevent blindness and detect the early onset of diabetes. Explore how Ainnova is revolutionizing healthcare through advanced technology and proactive solutions. About Avant Technologies, Inc. Avant Technologies, Inc. is an emerging technology company developing solutions in artificial intelligence in healthcare. With a focus on pushing the boundaries of what is possible in AI and machine learning, Avant serves a diverse range of industries, driving progress and efficiency through state-of-the-art technology. More information about Avant can be found at You can also follow us on social media at: Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date after the date of the press release.
