RIFC - Business matters.

  • 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
  • Log in now to remove adverts - no adverts at all to registered members!
They don't care that he is a convicted criminal, they just want another sugar daddy to pish millions up the wall (living within their means is not an option).

They are the peephole.
 
Larry-AV said:
This is in response to those who support the requisitioners.

Rangers' operating companies operate under UK Law, so there is no reason why the EGM should not be held in the UK capital, London.
However, this choice of venue is another example of the Board shooting itself in the foot, the main other one being the (proposed) naming rights to Ibrox ... there are probably others too, which folks might mention.
I have posted before saying that I regard the two factions as the devil and deep blue sea, although frying pan and fire could also apply.
I do not want to see Rangers go through more turmoil just to give Dave King and Paul Murray a blazer apiece. Better the devil(s) you know.
What I want to know is this : If the requisitioners win at the EGM, but Dave King and Paul Murray are then deemed to be 'not fit and proper persons' to become directors, what do those supporting the requisitioners expect Rangers (probably Gilligan, on his own on the Board) to do ?

If Dave King has received assurances that he will not be deemed to be 'not a fit and proper person', then he should make those assurances public, in the interests of transparency.
If Dave King has not received assurances, then it displays a Panglossian attitude on his part, with complete disregard to the interests of the Football Club.
Rangers' current problems stem from historical financial mismanagement and tax avoidance (EBTs, in dispute and Whyte - no dispute).
Dave King is a free man because the Law in South Africa allows payment of a fine in lieu of custody for non-payment of taxes. Do folks really want a man with his record 'on board' ?

Just in case : Panglossian is from Voltaire's book Candide, Dr Pangloss, a fantasist, who constantly believed that everything was for the best, in this, the best of all possible worlds.
Click to expand...
So what you are saying is better the devil you know then.Despite all that has went on at Ibrox and the total shambles that RFC is you think we should just muddle on with a board that is CLEARLY not fit for purpose.

That to me is an extremely curious point of view from any person who claims to be a Rangers fans and who has the most tenuous grasp of reality . Quite frankly it's ****ing mental my old son and no amount of obscure metaphors can disguise the fact that you must be completely of your trolley if you think the status quo at Rangers could be at all preferable to ANYTHING else.

Rangers current problems do not stem from Craig Whyte or EBT's. The stem from the complete ineptitude of successive boards since coming back from liquidation. People who have and still are putting self interest in front of the interests or what has been best for the Rangers football club. It's mismanagement on an industrial scale. Actually it's mismanagement on a criminal scale.

RFC was reborn. It had no debt and tens of millions in the bank after flotation. It had 40,000 + season ticket holders in the 3rd division and Ibrox was full every week. All that money has been flushed down the pan one way or another. We now have a board who seem more interested in giving away the club to Mike Ashley as fast as humanly possible. They are completely ignoring offers of investment from other sources in favour of ludicrous deals that make NO financial sense.

When, not if we default on these "loans" Mike will own Rangers. He's not allowed to own Rangers. The SFA have already told him and Rangers that he's is not permitted to own Rangers because he already owns Newcastle. This situation could actually put our licence to play in the Scottish game in jeopardy but the board carry on regardless. Could it be that it's them who are acting like that fella you mentioned just to show how intelligent you are despite you talking complete bullshit?

As for Dave King not being a fit and proper person to sit on the board. Who cares? It makes little or no difference if Dave King is on the board. There are plenty of decent,intelligent, successful people within the Rangers support who could sit on the board and do a far better job the incumbents we have now. The ****ing Three Stooges and the Chuckle brothers could do a far better job than the scumbags that are there just now. Dave King is a major shareholder and if he is able to oust the board then fair play to him. If he is then wiling to invest in order to keep the club afloat and pay off Ashley the more power to him.If he is deemed fit and proper and takes a seat on the board then he cannot be any worse than what we have already got.If he is, the support will treat him with the same contempt the current administration garners.

I could point out that we already have a convicted criminal on the board and also a few from previous boards that may be convicted in the future.
 
  • Like
Reactions: Moses and Otto Flayshow
Larry-AV said:
Just in case : Panglossian is from Voltaire's book Candide, Dr Pangloss, a fantasist, who constantly believed that everything was for the best, in this, the best of all possible worlds.
Click to expand...

Thanks for that patronsing explanation, but I think you'll find that Dr. Pangloss was the Villa and Celtic manager back in the 90s.

However, this choice of venue is another example of the Board shooting itself in the foot, the main other one being the (proposed) naming rights to Ibrox ... there are probably others too, which folks might mention.
Click to expand...

Are you really this clueless? You're only aware of the cynical choice of venue and the naming rights issue? You gloss over the wholesale pillage and mismanagement of the club with a casual 'there are probably others too'. **** me.
 
  • Like
Reactions: Moses and Null
InnocentAldo said:
So what you are saying is better the devil you know then.Despite all that has went on at Ibrox and the total shambles that RFC is you think we should just muddle on with a board that is CLEARLY not fit for purpose.

That to me is an extremely curious point of view from any person who claims to be a Rangers fans and who has the most tenuous grasp of reality . Quite frankly it's ****ing mental my old son and no amount of obscure metaphors can disguise the fact that you must be completely of your trolley if you think the status quo at Rangers could be at all preferable to ANYTHING else.

Rangers current problems do not stem from Craig Whyte or EBT's. The stem from the complete ineptitude of successive boards since coming back from liquidation. People who have and still are putting self interest in front of the interests or what has been best for the Rangers football club. It's mismanagement on an industrial scale. Actually it's mismanagement on a criminal scale.

RFC was reborn. It had no debt and tens of millions in the bank after flotation. It had 40,000 + season ticket holders in the 3rd division and Ibrox was full every week. All that money has been flushed down the pan one way or another. We now have a board who seem more interested in giving away the club to Mike Ashley as fast as humanly possible. They are completely ignoring offers of investment from other sources in favour of ludicrous deals that make NO financial sense.

When, not if we default on these "loans" Mike will own Rangers. He's not allowed to own Rangers. The SFA have already told him and Rangers that he's is not permitted to own Rangers because he already owns Newcastle. This situation could actually put our licence to play in the Scottish game in jeopardy but the board carry on regardless. Could it be that it's them who are acting like that fella you mentioned just to show how intelligent you are despite you talking complete bullshit?

As for Dave King not being a fit and proper person to sit on the board. Who cares? It makes little or no difference if Dave King is on the board. There are plenty of decent,intelligent, successful people within the Rangers support who could sit on the board and do a far better job the incumbents we have now. The ****ing Three Stooges and the Chuckle brothers could do a far better job than the scumbags that are there just now. Dave King is a major shareholder and if he is able to oust the board then fair play to him. If he is then wiling to invest in order to keep the club afloat and pay off Ashley the more power to him.If he is deemed fit and proper and takes a seat on the board then he cannot be any worse than what we have already got.If he is, the support will treat him with the same contempt the current administration garners.

I could point out that we already have a convicted criminal on the board and also a few from previous boards that may be convicted in the future.
Click to expand...

That's saved me a lot of typing. <ok>
 
Back to business matters.

Whatever the outcome of the EGM, there is no guarantee that it will put an end to all these boardroom battles. Both sides can muster more than the 25% minimum shareholding to block any further share issues.
If the Dave King camp 'win', the Easedale camp still have at minimum 26% shareholding.
If the Easedale camp 'win', Dave King plus the 3 Bears have over 34% shareholding.

Quite frankly I am sick of both camps and would welcome a hostile takeover from Robert Sarver !!!
 
"Umm lets see where on earth could we find a structure large enough to fit the thousands of Rangers shareholders who will want to attend this EGM Sandy"

"****ed if I know Dekky boy"

"Do we not know any **** that owns a fully seated stadium type venue that Rangers fans would know how to find"

"Are you sure you want them to be able to find the venue though Dexter"

Good point Sandy good point"
 
InnocentAldo said:
"mm lets see where on earth could we find a structure large enough to fit the thousands of Rangers shareholders who will want to attend this EGM Sandy"
U
"****ed if I know Dekky boy"

"Do we not know any **** that owns a fully seated stadium type venue that Rangers fans would know how to find"

"Are you sure you want them to be able to find the venue though Dexter"

Good point Sandy good point"
Click to expand...

What about here. <laugh>

You must log in or register to see images
 
  • Like
Reactions: Downie Dave
You must log in or register to reply here.
Top Bottom
Back