No Announcement today
- Thread starter Girvan Loyal 1690
- Start date
-
Please bear with us on the new site integration and fixing any known bugs over the coming days. If you can not log in please try resetting your password and check your spam box. If you have tried these steps and are still struggling email [email protected] with your username/registered email address
-
These administrators are ****ing at it! Cunts are raking it in and stretching it out as long as possible. This decision should have been made at least a week ago and it should have been made by them, not by offering some stupid options to the players.
They're the ones running the club.
They're the ones running the club.
I wish they had just came in and did the business on day one. get it over with and move on from there. the league is gone anyway. may aswell cut our losses and try move forward with a young team.
Trev, for all I call you names and ridicule you, you're the most level headed sensible hun on here.
Right from the get-go, you were sceptical of Whyte/Wite/White and it proved to be spot on.
Also, you questioning the administrators' loyalty to Whyte, again, spot on. They seem to be acting in his interests, and not in your clubs.
Administrators should be cutting costs from day one of takeover. They're dragging it out, making the process longer than it need be. Most agree now that the club will be liquidated. Why not now? Who's benefitting from keeping it going for say, another week or so?
I find it very difficult, but I try to put myself in your position, imagining it was my club, and I'd want it over with and like you said, start from scratch and build for the future. This season and probably the next few too are written off.
Oh, and the ****ty feet thing? It's true.
PFA SCOTLAND STATEMENT RE RANGERS
FRASER WISHART
2ND MARCH 2012
Further discussions took place today between PFA Scotland and the Club’s Administrators.
The first formal meeting between PFA Scotland and Duff and Phelps took place yesterday. Following that meeting PFA Scotland met with the players during which our members gave the Union a mandate to agree substantial salary deferrals by the first team squad to take immediate effect, lasting until the end of the season.
At yesterday’s meeting the Union and their solicitors were concerned that they were only being furnished with skeletal financial information. Nevertheless, and despite the lack of visibility on the Club’s full finances, the players voted to accept significant salary deferrals in the full knowledge that there remains a risk that these sums may never be repaid should the Club not come out of administration.
A further meeting took place today between PFA Scotland, the Administrators and their respective legal teams. Unfortunately, the Administrators indicated that it was highly unlikely that they would be able to agree to our members’ proposal and the meeting concluded without agreement.
It remains our members’ belief that their offer of wholescale wage deferrals addresses the Administrators’ goal of achieving short term cost reductions and would also serve to assist ongoing discussions with potential investors.
It is still our members’ wish to reach a consensual position with the Duff and Phelps which will achieve the Administrators’ objectives, avoid redundancies and ensure that no player’s employment is brought to an end in breach of contract.
Not looking good at all.
FRASER WISHART
2ND MARCH 2012
Further discussions took place today between PFA Scotland and the Club’s Administrators.
The first formal meeting between PFA Scotland and Duff and Phelps took place yesterday. Following that meeting PFA Scotland met with the players during which our members gave the Union a mandate to agree substantial salary deferrals by the first team squad to take immediate effect, lasting until the end of the season.
At yesterday’s meeting the Union and their solicitors were concerned that they were only being furnished with skeletal financial information. Nevertheless, and despite the lack of visibility on the Club’s full finances, the players voted to accept significant salary deferrals in the full knowledge that there remains a risk that these sums may never be repaid should the Club not come out of administration.
A further meeting took place today between PFA Scotland, the Administrators and their respective legal teams. Unfortunately, the Administrators indicated that it was highly unlikely that they would be able to agree to our members’ proposal and the meeting concluded without agreement.
It remains our members’ belief that their offer of wholescale wage deferrals addresses the Administrators’ goal of achieving short term cost reductions and would also serve to assist ongoing discussions with potential investors.
It is still our members’ wish to reach a consensual position with the Duff and Phelps which will achieve the Administrators’ objectives, avoid redundancies and ensure that no player’s employment is brought to an end in breach of contract.
Not looking good at all.
Even with your club on death bed , still trying to cheat , players want to defer wages !!! March 16th your club will be finished
No , it's definately Harry. Nobody else could be so hate filled and illiterate.