forlanssister

Bahamas .

Has a very nice bowling alley....

When they were first installed they were state of the art and were a nice little earner in the summer, Wimbledon, Lords, concerts etc, they made good money because there were so few in the UK at time. Everything only has a certain lifespan and it's merely a case that they have exceeded theirs, they reached the stage were they were beyond economical repair, there was no guarantee how long they would last if repaired, it would be a case of throwing good money after bad and they would at best still be vastly inferior to the ones now used elsewhere. The quote Rangers obtained for their removal alone was �£16k. I hope they're replaced as soon as possible since I have a shite view at Ibrox.

Ditto .

They can but try, but any meeting is in Craig Whyte's gift not theirs.

Mr Whyte is proving to be rather elusive, and a meeting with supporters is not on his radar at the moment.

They don't at present.

I'm not one for studying the various annual reports and accounts that plop through my letterbox, but in moments of intense boredom I do occasionally peruse them and one of the useless bits of trivia that sticks in my mind is that I have the right to inspect the Directors' service contract. Accordingly my understanding of the relevant law (though I happily concede that I could well be wrong) is that any shareholder can nip along to Ibrox which is the registered address and ask to see any or all the Directors contracts. 318. Directorsââ?¬â?¢ service contracts to be open to inspection. (1) Subject to the following provisions, every company shall keep at an appropriate place: (a) in the case of each director whose contract of service with the company is in writing, a copy of that contract; (b) in the case of each director whose contract of service with the company is not in writing, a written memorandum setting out its terms; and © in the case of each director who is employed under a contract of service with a subsidiary of the company, a copy of that contract or, if it is not in writing, a written memorandum setting out its terms. (2) All copies and memoranda kept by a company in pursuance of subsection (1) shall be kept at the same place. (3) The following are appropriate places for the purposes of subsection (1): (a) the companyââ?¬â?¢s registered office; (b) the place where its register of members is kept (if other than its registered office); © its principal place of business, provided that is situated in that part of Great Britain in which the company is registered. (4) Every company shall send notice in the prescribed form to the registrar of companies of the place where copies and memoranda are kept in compliance with subsection (1), and of any change in that place, save in a case in which they have at all times been kept at the companyââ?¬â?¢s registered office. (5) Subsection (1) does not apply to a directorââ?¬â?¢s contract of service with the company or with a subsidiary of it if that contract required him to work wholly or mainly outside the United Kingdom; but the company shall keep a memorandum: (a) in the case of a contract of service with the company, giving the directorââ?¬â?¢s name and setting out the provisions of the contract relating to its duration; (b) in the case of a contract of service with a subsidiary, giving the directorââ?¬â?¢s name and the name and place of incorporation of the subsidiary, and setting out the provisions of the contract relating to its duration, at the same place as copies and memoranda are kept by the company in pursuance of subsection (1). (6) A shadow director is treated for purposes of this section as a director. (7) Every copy and memorandum required by subsection (1) or (5) to be kept shall be open to inspection of any member of the company without charge. (8) If: (a) default is made in complying with subsection (1) or (5), or (b) an inspection required under subsection (7) is refused, or © default is made for 14 days in complying with subsection (4), the company and every officer of it who is in default is liable to a fine and, for continued contravention, to a daily default fine. (9) In the case of a refusal of an inspection required under subsection (7) of a copy or memorandum, the court may by order compel an immediate inspection of it. (10) Subsections (1) and (5) apply to a variation of a directorââ?¬â?¢s contract of service as they apply to the contract. (11) This section does not require that there be kept a copy of, or memorandum setting out the terms of, a contract (or its variation) at a time when the unexpired portion of the term for which the contract is to be in force is less than 12 months, or at a time at which the contract can, within the next ensuing 12 months, be terminated by the company without payment of compensation.

I doubt they would wish to do so in that event.

We still owe them circa �£4 million for the sale/leaseback of the Albion. Is it possible that a favourable resolution of the tax dispute may result in a set of circumstances where options 2 and 3 may well become feasible ? Hence why the "loan" has not been waived at present.

Aren't all Directors contracts supposed to be available for shareholders to inspect at the company's registered office?

At the last AGM Johnston stated that Bain had previously agreed to wave part of his remuneration and the increase in his remuneration this year was to compensate for previous underpayment.

Mercenary footballer chased the filthy lucre and now regrets it que sera sera.

Are they not now being conducted by the Scottish Warren Buffet?

Has due process been followed ?

Oh me bad, 20 million X bad !

That would be the same Dave King who has invested 20 million times more in Rangers than Chris Whyte, eh ?

Excellent!

Mmmm Ok , I've been resisting change since we moved from Glasgow Green, it's been all downhill since....

No but they're the only ones who know what's what and who's who about the situation regarding RFC. Who do you think went line by line through Rangers books with Craig Whyte, Joe Spreadsheet from Misfile & Deadline CA Ltd or one of the current directors ? Who's been dealing with the UEFA crap, I.M. Ambulancechaser from Appeals R'Us Ltd or one of the current directors? Bollox, my view is that orderly evolution is preferable to revolution and when change comes it must be for the better rather than for it's own sake. I do not object to the entire board being replaced but think it would be foolish in the extreme to overthrow them en masse. Like when the Yanks thought they could cure all Iraqs ills by declaring all members of the Ba'ath Party persona non grata, then couldn't find anybody to run the power or sewage systems etc raging success that was eh?

I'm not arguing against the board being replaced just that it be done in a manner that puts the interests of the club first above the interests of any single individual.

Then you may end up with nobody who knows who's who and what's what at the SPL, the SFA, the SFL and UEFA. Changes should be for the better not just for changes sake.

Not 100% convinced that a "Night of the Long Knives" is the best approach, would prefer something more orderly.

But that was before he found out his Grandfather was in the IRA.

:blush::blush::blush: