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True_Ger_1872

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Posts posted by True_Ger_1872

  1. What concerns me about this is the original proposal being priced at £1.2M then brought down to £440K. If this is to go ahead then I would have rather the RFFF had issued this to the contributors to the fund to seek approval, then give various proposals. If the desired option was one that cost more - then look at ways to cover the shortfall such as further fundraising or sponsorship.

     

    I would hate this to become a project that was designed and built to minimise costs just for the sake of being seen to be doing something that, from what it appears, isn't a real requirement. If the more expensive option would be nicer to look at and would meet a greater number of requirements for such a project - then I don't feel comfortable with the decisions being made over the areas to cut back being made without involving the support / contributors.

  2. Its an interesting point. Whilst I don't know too much about it, I have looked around and in relation to question 1 in your post - I believe that for a club to escape sanctions (depending on what level of losses the club has) the owner may need to agree to inject equity in order to meet the FFP requirements. Whether this is straight equity or through a loan for shares arrangements - I am not sure of any stance UEFA would have on these that would prove to be over dissimilar.

     

    Any digging I did was providing details on the EPL and EFL requirements and I believe their rules contain a lot of specific regarding club spend - most of these rules are derived from the UEFA FFP rules. I wonder how much detail (if any) is provided in the SPFL rules?? Update - After skimming through the SPFL rules, there is nothing specific that the SPFL have imposed on member clubs that lie outwith the remit of UEFA FFP rules. The only requirement relates to ensuring that clubs must meet any UEFA Regulation requirements for entering into UEFA competitions. It seems the EPL and EFL have imposed rules which aren't quite as stringent as the UEFA FFP to try and ensure they are looking after their product and member clubs.

     

    In terms of the merchandise agreement - I have to say I never really considered the effect it would have with us regarding FFP. It would appear this could well be yet another detrimental affect of the Sports Direct deal.

  3. By pure chance I caught most of Craig's call-in appearance live on Clyde earlier. He spoke well, articulated his points well and had reasonable answers to the questions put to him.

     

    Unfortunately, some of his points and answers to questions came across on-air in a slightly vague, wishy-washy manner, probably because for a whole bunch of reasons he clearly had to be very careful what he was saying.

     

    For example, he was asked about whether Rangers need to pay for any unsold merchandise (something we've been vaguely aware of for a while now), but his answer wasn't particularly clear because he focused on the fact (or is it possibility?) that it's only what the Club over orders and SD don't sell which the Club's liable for.

     

    Is that a grey/unclear area in the Club's contract/s with Sports Direct or is it all simple and just can't be spoken about by Craig because he's not really supposed to know?

     

    I do seem to recall this clause that meant the club would be liable to buy-back unused stock from the Sports Direct stores. If this is the case, then I would like to know who decides on the stock levels to order. It just seems like a win-win for Ashley to me. Horrendous contract for us.

  4. Suggestions the deal has a 7 year notice period but no acknowledgement of whether any notice has been served.

     

    When the news broke of the 7 year deal, I was surprised that the new board didn't immediately serve the notice to commence the progression towards the end of the deal. I then figured this tact was used in the hope a better deal could be struck with Ashley that would help the club more.

     

    Given the recent developments, I wonder if the board will reconsider its position. If notice is served, then any sort of negotiation will go out the window immediately.

  5. He can't be making much money out of us surely.

     

    I would have thought this also - however was there not a stipulation in the commercial deal whereas Rangers have to pay for the stock of merchandise regardless if this is sold or not? Despite fans not buying any tops etc. - he is still making cash out of the deal it seems.

     

    I recall something about this but don't remember the specifics.

  6. I was out with ma old man that day. Was listening on the radio and caught the first half and as it was standing - it was going to Celtic! Ended up getting back to the car just as Motherwell scored their first and we went mental in the car - doing the bouncy as best we could!

     

    We were in the Motherwell / Wishaw area and ended up taking a diversion past Cleland (if I recall?) to avoid any Fir Park traffic to get back to the M74. We got stopped at a set of traffic lights that was next to a pub. Then the second goal came and we were going mental! All of a sudden, came an outpouring of greeting Celtic fans from the pub who were punching walls and trying to be consoled by their hooped-horror partners and mates!

     

    We just burst out laughing, gave them a toot-toot and drove off!

     

    What a majestic day it was!

  7. Another utter shambles from the clowns running the Club.

     

    The obvious solution has always been to hold the EGM at Ibrox.

     

    Surely if they wouldn't want to hold in in the stadium with the shambolic tent like the AGM, they could always opt for one of the suites inside Ibrox and limit the number of attendees??

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