BEARGER
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Everything posted by BEARGER
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Some posters have a very poor opinion of their fellow Bears. Anyone who decided to put their name to the ST "Trust" knew perfectly well what they were doing. The usual suspects are still saying and agreeing with each other with statements like "give me your ST money and not the club". This is a completely disingenuous and they know it, DK and the UOF at no time asked for money up front. Only in the event of a deal being agreed with the club would our details be passed onto the club, if no agreement is reached then it's up to each individual what to do in that event.
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http://www.therst.co.uk/minutes-of-m...b-stockbridge/ Quote: STAFF REMUNERATION The staff costs appear massive and should not have been incurred for the level of football or the amount of work undertaken. CM – certain salaries are in the Annual Report and some scrutiny is valid. My own salary is £300k and the major institutional investors are aware of that and happy with it. The structure of my bonus has been discussed but it will not be linked just to winning the league. Lots of other factors will have to come into play, meeting player and financial budgets. Both McCoist and myself are content to work together to ensure that we reach a balance on incentives regarding the PLC budget for players and saving money so that one part of the club is not working against the other. We’re looking at reducing the historic level of professional costs – for instance, we are considering an in-house legal department to cap the level of expenditure there. We need to restructure and define cost centres. We are looking at the efficiency for example of Murray Park and wish to make that measurable in setting remuneration/bonuses. BS – the terms of my contract are public – £200k bonus for each of the next three years. I voluntarily agreed to remove my bonus payment that had been agreed for those years. It’s about delivering financial performance, I’m not taking an automatic bonus. Expect that post-AGM my remuneration and bonus will be announced. I joined the company on 14th June and wasn’t salaried until September. Paid a £50k electric bill form my own resources. Banners and chants do not reflect the reality of the situation. I have no outside interest and I have no 1p shares. BS paid 70p per share at the IPO. Also of note - this is exactly the same with Green also , from the IPO prospectus that encouraged investors and fans to buy shares: Mr Stockbridge is also entitled to a non-contractual bonus of 100 per cent. gross salary if the Club wins promotion from the SFL, Note the words "from the SFL". At the time of the prospectus, it was reasonable to deduce that the bonus was only for promotion "from the SFL". As it stands, we have not yet been promoted from the SFL - or it's equivalent. So the IPO prospectus contained different wording to that in his contract which pre dated the prospectus. So another complete and utter lie.
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These games were not sell outs when we were in SPL.
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At the moment he has contractors building a large fence around his property for extra security. He probably needs it.
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At the agm it was stated clearly that Stockbridge had options at 70p per share. Was that a lie?
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And you know this how? Just your opinion? Wishful thinking?
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It never ceases to amaze me the waffle you come out with constantly. I'm not revelling in the clubs difficulties as anyone with a modicum of sense would see. Finally a quote from RM!!, geis a break.
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Ticket Office has been inundated today, queue stretches to Copland Subway. :fish:
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Only £11.50 ( Incl. P+P). We have copies of The Updated Gallant Pioneers book all signed by author Gary Ralston now available . All chapters have been updated since the original book was released in 2009. An additional section on the story of the Founders Trail has also been added. It's a must read for all True Blues ! To obtain a copy please send an email to thegallantpioneers@googlemail.com and we'll have your book posted the same day.
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Have not read all the way through this thread, so this may have been said. Why do Rangers fans hang on the words of so called legends who did nothing, absolutely nothing when we really needed them? If the last few years tell us anything it's not to hope that some ex player or manager or director will come to our rescue, we that fans must save the club ourselves.
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http://animoto.com/play/BCt2TwGah0t86uO70q3CVA
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http://www.sonsofstruth.co.uk/home.html Was not aware they had a website.
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As title, did anyone on here attend a focus group meeting? Fan Focus Groups Help Shape Engagement Strategy Rangers continued their Ready To Listen fan engagement initiative this month with a series of focus groups made up of a cross-section of supporters at Ibrox Stadium. Four, 90 minute sessions – involving 8-10 fans at a time - took place in the Blue Room on the 10th and 11th of June and discussions were frank, constructive and encouraging on a variety of topics. Fans in attendance once again outlined the passion, commitment and intensity that goes hand in hand with supporting this great Club and they highlighted a number of areas for improvement and how fans themselves can play a significant role in this. Discussions centred on enhancing fan engagement with specific focus on the creation of a Fan Board – which was identified in the Ready to Listen phase 1 and 2 surveys earlier this year. Improved communication with the wider fanbase was viewed as critical given events of the past few seasons and they are seeking communication that is frequent, honest, open and clear on subjects direct from the Club rather than via external media outlets. A number of ideas were put forward by fans – including regular emails and video messages direct to supporters – and this feedback will be taken on board. Supporters also provided great insight into their ideas and input regarding the formation of a new official Fan Board and their comments and feedback will be developed further over the coming weeks. Further details and announcements on Ready To Listen fan engagement and the Fan Board in particular will be issued in the coming weeks. Rangers Football Club Rangers.co.uk To unsubscribe, please follow this link: Unsubscribe The Rangers Football Club Ltd, registered in Scotland with number SC425159 registered office Ibrox Stadium, 150 Edmiston Drive, Glasgow, G51 2XD
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The numbers in the ST Trust are not the only concern for the board ( assuming of course that they do care?). Plenty of fans have not renewed or joined the ST Trust but support the aims of the Trust. Some are also of the belief that you must pay your ST money into the Trust which is not of course that case.
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Sandy Easdale Reported to Financial Authorities
BEARGER replied to chilledbear's topic in Rangers Chat
No surprise there then. -
Sandy Easdale Reported to Financial Authorities
BEARGER replied to chilledbear's topic in Rangers Chat
Well done Mark Dingwall. -
Rangers' beleaguered directors face the possibility that the club auditor, Deloitte, could sever its connection with the club over the next few weeks, following a collapse in the number of season tickets sold. The Daily Telegraph understands that the international corporate finance and accountancy specialists are unhappy about the latest figures emerging from Ibrox, which show that season ticket sales for Rangers’ Scottish Championship campaign are running at half the level of last year’s take-up for their SPFL League One schedule. In a statement on the Rangers website on Friday, the board confirmed that only 17,000 season tickets have been sold. On March 27, when Deloitte signed off the half year accounts up to the end of 2013 – which showed a £3.5 million loss – the auditors added that “key assumptions” made by the directors included a reckoning of future season ticket sales. Deloitte noted that this indicated the existence of a material uncertainty which may cast significant doubt about the company’s ability to continue as a going concern. Despite assurances at the annual general meeting in December from the chief executive, Graham Wallace, that the club could meet its costs until the end of the season, the board subsequently borrowed £1.5 million from shareholder George Letham on the assurance that the sum would be repaid when season ticket sales had yielded the equivalent amount. *However, there has been no notification to the Stock Exchange of any repayment. Instead, leaked reports from a spin doctor formerly employed by the club, confirmed that the board would attempt to raise £8 million through a rights issue later this year. In a statement on the club website on Friday, the Rangers directors said of the latest season ticket sales total – and the likelihood of a share issue – that “The Board believes that whilst this level of support reduces the potential requirement for short-term financing the Board also notes the strategic objectives that it identified in the Business Review Summary published on 25 April 2014 and the related funding requirements. “The Board continues to evaluate its plans in this regard and will update the market in due course.” However, should Deloitte dissociate themselves from Rangers, investor confidence is likely to diminish. Deloitte last night would not comment on any speculation, citing client confidentiality. In response to the club statement, the supporters’ umbrella group, the Union of Fans, condemned the directors’ stewardship. The UoF statement read: “We note the announcement of the Rangers board regarding the season ticket renewal levels for the club this year. It is now obvious that a clear majority of fans have rejected Graham Wallace, Norman Crighton, David Somers, James and Sandy Easdale and their running of the club. “In any normal business, a board which had been rejected by over 50 per cent of its customers in the space of a few months would be removed. Whilst we do not expect this to happen due to the continued support of anonymous shareholders, who could not care less about Rangers, we would highlight that they have utterly failed to gain crucial trust from fans. “We do not believe this trust will ever be built without fundamental change at the club. The problem for this board is very simple. The vast majority of fans, even many of those who have renewed, simply do not trust them and likely never will. “The corporate governance at the club also continues to be a cause for grave concern. We would repeat that it is unacceptable for Jack Irvine of Mediahouse to have access to confidential, price sensitive board information through the Easdales and to then leak that information to the press as he did this week.” J
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After a successful meeting with Glasgow City Council and Police Scotland today it would appear that subject to a few little details our application for a procession to Ibrox on the 19th July will be passed as acceptable. We will require the following volunteers from within the support to fulfil some council requirements. - Experianced marshals - Volunteer marshals - First aiders - Expectant numbers. I would love to hear from pipe or accordion band with a repertoire of Rangers songs In their play book. If you can help with any of the above or will be in attendance can you please let me know on this post or via PM Thanks Craig SoS https://www.facebook.com/SonsOfStrut...al_comments=14 L
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17000 approx. ST sold. That means it's less than 17K. How many are concessions ? How many are on pay up option? Can see first home game having less than 20000 attendance if it ain't Hibs or Jambos.
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This will be more readable for those having problems with the image. "We are extremely concerned that there are now two distinctly different messages being sent out from Ibrox, which appear to be completely at odds with each other regarding our club’s finances. They show the split in the boardroom and raise the question as to who is running Rangers. On the one hand, Graham Wallace has clearly stated that there is no financial crisis, while on the other hand a former PR man for Rangers and Sandy Easdale is briefing that there is a cash crisis which can only be resolved by an urgent share issue. We are aware that the press and certain bloggers are being briefed by Jack Irvine of Mediahouse regarding the reason for, and content of, Rangers board and investor meetings. We would ask two questions. On whose behalf is he making these briefings and how he is privy to the highly confidential and price sensitive information being discussed in these meetings? Mr Irvine was previously employed by both Rangers and the Easdale brothers. We were informed by Mr Wallace in our meeting with him that Irvine no longer works for the club. In the same meeting, Mr Easdale denied that Mr Irvine has ever worked for him during the Easdale’s time at Rangers. Events would appear to prove this to be untrue for, unless he has taken up charity work, someone appears to be paying Mr Irvine to leak stories about Rangers board meetings. We would ask that Graham Wallace fulfils his legal and corporate responsibility to identify the source of the leak and remove them from either the PLC or club board, as necessary, as a matter of urgency. Mr Wallace has stated twice, both in our meeting with him and more recently at the NARSA convention, that the club is on a secure footing. He stated that there is “absolutely no prospect of administration” and that the club “is in its healthiest state financially” since he arrived. Why then are board meetings taking place for an emergency share issue? Why has the club had to take loans just to finish the season? Why have these loans not been repaid despite season ticket sales which we believe to be around 16k and which would surely have raised the £1.5m required to immediately repay the loans? The message sent out by Mr Wallace appears to be at odds with that of Sandy Easdale, who has claimed that club finances were “fragile”, and Mr Irvine, who is briefing on behalf of someone that emergency cash must be raised. Who are the Rangers fans to believe? Who wields the real power in the boardroom? If it is Mr Easdale then who is he taking his instructions from given his refusal to name the people behind Blue Pitch and Margarita, whom he represents? If the board are indeed considering such a move, then will the shares be offered to all shareholders or just those represented by the current board? Also why are they so reluctant, if finance is required, to speak to investors who actually care about the long term future of the club? We have asked for Graham Wallace to come clean about the cash situation at Rangers and we repeat that request. Mr Wallace must make a statement to clarify his position and to explain the leaks of the last few days. The appearance is that Mr Wallace’s authority is being undermined from within. His long term, professional reputation for corporate responsibility is being eroded and the corporate governance of the club’s various boards is once again a shambles. The bottom line is very simply the question of who is running Rangers. Is it extremely well paid chief executive, Graham Wallace, or Sandy Easdale, a man who, for whatever reason, is not even a member of the plc board?"
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Merlin Launches New Rangers Supporters Club - Loyal And True
BEARGER replied to ian1964's topic in Rangers Chat
I assume everyone will be signing up, seems only fair. -
GRAHAM WALLACE believes Rangers are now moving closer to the successful establishment of their first fan board as the club activates in its biggest supporter engagement initiative. The Ibrox chief executive will tonight return to the UK from Toronto, where he has spent a couple of days talking to Light Blues followers at the 2014 NARSA convention. More than 1,000 of them have been in attendance and Wallace feels it has been important to reach out to them as he seeks to build bridges and create a better, sustainable future at Gers. He addressed around 900 attendees at the gathering’s Grand Banquet yesterday and hopes his visit there can help develop a stronger relationship going forward. Wallace said: “We have recognised right from day one we had a big job to do in terms of trying to improve engagement with the club’s fans. “Several months ago we launched our Ready To Listen fan engagement survey and that was really just the first step. “We’ve now gone through another two subsequent steps in terms of narrowing down areas of interest to the fans so we can fully understand what matters to them. “We are currently moving into the third phase which is a set of detailed focus groups that involve people sitting round the table and looking at specific issues. “It’s all designed to move us forward to the creation of our first Rangers fan board, which will be an official board that will act as the body to represent the fans with the club. “We’re looking at the constitution and composition of that because we want to get a wide spread of Rangers fans engaged in talking to the club. “Like anything else, these things take time to work their way through and particularly at a level where what we’re dealing with is not just a simple scenario. “There are many issues dear to Rangers fans’ hearts. We’re trying to engage with them in a way they’ll say they can see progress and I think we have made a number of steps forward.” http://www.rangers.co.uk/news/headli...edging-closer? There must be fans who actually swallow this bullshit.
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Relax everyone, when we get back to top division we the fans can give them more money.
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Whit:rolleyes: What is the point of this?
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Sports Direct refusing to take back my top
BEARGER replied to Ser Barristan Selmy's topic in Rangers Chat
You're not too lucky when buying tops are you?