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Everything posted by BrahimHemdani
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That would be correct dB and once again for the avoidance of any doubt, I sold that business in December 2012.
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"pitching for a job" usually implies some form of remuneration; I'm sure you are fully well aware that postions on the Board of SD are entirely voluntary, if you're not aware then you can check with SD. How about "standing in an election". Strange as it may seem to you, I have derived a great deal of enjoyment through the various aspects of my football "life" and I have done what I can to put something back; I'm sorry that you feel the need to belittle those efforts but that's up to you.
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The RST did not succeed in its attempts to have McColl underwite the plan for the fans to buy the Club; if you want to categorsie my efforts as futile good for you. No doubt you include all the others who were involved in that effort, including Gordon Dinnie who is now prominent in the UoF. You would think he would have learned from his mistakes. Personally I don't think our efforts were futile because we came very close to succeeding but have it as you will. Thanks for publishing my SD election statement from 2010 which is a matter of public record. Do you have some issue with the contents?
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I'm not sure how you judge the sincerity of my answers, though it's certainly not the first time you have chosen to attempt to do so. In this case I will say simply that you are wrong in your assessment. I see no point in debating your opinion about my sincerity. If you weren't referring to "treating customers fairly" can you explain the principle to which you were referring and its application in this case?
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It's not sarcastic at all and it's certainly not anti-King. I think it's a great idea. King invests and protects the Club's assets and doesn't give any money to the investors he dislikes. If you are referring to "treating customers fairly" can you explain how and where you think they apply?
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The two things are not related of course. No fan that I know invests money in Rangers shares to make money. However, since you've mentioned it, you'll be pleased to know that I never invested clients money with any product provider or fund manager who hadn't earned my trust or that of other advisers and proved their abilities over many years. You'll be equally happy to know that I could point to many examples where I advised against investment with managers and or schemes of doubtful standing or where I didn't believe the claims being made. It's not for debate here but in terms of fund managers there's a big difference because they all had independent trustees by law.
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It's a great idea, the asset is owned by a "Rangers man" and rented to the Club for a rand a year. Come to think of it why doesn't he buy Ibrox too. That would be a great double inheritance for his kids.
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Sounds like a plan to me. Save a bit of money though on legal bills if DK made them an offer now.
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He could keep it as an inheritance for his kids and rent it back at a peppercorn rent say for 20 years; good idea. Show us the colour of your money Mr King.
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That's a complete and utter distortion of the facts but I'd like to think that this simply because you were not involved and are going on heresay. I approached Mr Ellis' representatives on behalf of the RST because of the press comment about his interest in buying the Club. Kenny Park was in my office and listened in to the first call. I have a record of it which I am happy to publish if you wish. Ellis' failure to follow through was nothing to do with me or indeed the RST. I did not approach Mr McColl, I was introduced to his lawyers as a person they could trust to put his strategy to the RST discretely and come back with a plan. That is what we did. So far as I am aware, Mr McColl took the plan to the Bank (though he was strogly advised not to), they showed it to SDM, who then arranged for it to be rubished in the press because he didn't want to deal with the RST. I didn't negotiate with their representatives on my own account, I did so at all times on behalf of the RST.
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Very perceptive of you dB and correct.
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See answer on other thread; I believe they have to earn that trust.
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For the avoidance of doubt I have no connection with the Board and I have been a fan for 57 years.
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It was a bit annoying for those (like me) who have paying direct to the Club for years but it wasn't difficult to set up a one off payment and SO for the next three. Not any more difficult than paying anyone or anything else by bank transfer. PS: Not sure about how you define "elderly" but I am within a year of being a pensioner.
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No it isn't.
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I'm not sure where you get, I don't trust them; but IMHO they or anybody in any situation has to earn trust in the same way as one earns respect. I am willing to give them the opportunity to lut the club on a sound financial footing and implement their strategy. Of course they will need funds from somethwere to achieve these objectives. Therefore whether or not they are "deserving of such trust" is not an issue for me at the moment; but time will tell.
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Putting the Club is on a sound financial footing and playing in the top league and in Europe SHOULD be in the interests of all shareholders, ST holders and so called ordinary fans alike. Perhaps it's time for a shareholders association. That certainly would be more wothwhile in my opinion than Ibrox 1972/UoF/SoS. The directors are much more likely to listen to shareholders I would suggest; indeed it is obvious that they do that already; but small shareholders are not being heard.
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Some realism on pricing certainly would be in order; the constant escalation since seat destruction became the norm has been ridiculous.
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I strongly object to the stance and tactics of the UoF but I don't hate anyone (I do strongly dislike someone but his name hasn't been mentioned recently and I don't know if he is involved with the UoF other than being a member of one of its constituent bodies); generally I just think they are misguided, deluded and have been completely taken in by Mr King for his own ends.
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I agree that since you have not received anthing you have not withheld payment in that sense but you have decided not to buy 4 season tickets so in that sense you have refrained from giving or buying, which again is your choice. My old Chambers Dictionary has hold back or keep back. So in a word: YES.
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Fair enough and I'd hazard a guess that the Board were pretty miffed at what the UoF put out. If they didn't know it before, they certainly do know it now; time they closed the shop.
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Clearly they do. As I said a joint statement would have been preferable. I agree that the Wallace Twitter session was well rehearsed and told us little or nothing we didn't already know.
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Thanks for the compliment. I don't agree that the statement is designed to mislead, it may not be word perfect but I think when you view it in the context of the media reports such as the Scotsman highlighted by dB it is clear and unequivocal on the subject of security over Ibrox and the sale of ST's. I would like to see a statement about Murray Park but IF there are any negotiations going on behind the scenes it would be commercially sensitive, not to mention a breach of stock market rules to make a public announcement ahead of any release to the stock market.
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That might be the first and possibly the last time you and I reach any form of understanding and I welcome that. As to a definition, try this: to refrain from giving or granting: to withhold payment. http://dictionary.reference.com/browse/withholding?s=t I'd say that fits pretty well.
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You may not agree with their modus operandi but if you accept that the object of the exercise for the investors is to make a capital gain over the medium to long term (as stated by F&C for example) then it has to be in their best interests that the Club is on a sound financial footing and playing in the top league and in Europe.