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crucible

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Everything posted by crucible

  1. Still trying to equate Muir's role in the reduction of debt, was he defacto running the club as his patient.
  2. Side step, I have no problem with Easdale his conviction is spent, BH fully narrated the criminal code under which DK admitted guilt and plea bargained to avoid jail time from the same court documents which I read..
  3. You tend to say a lot about Boss and his figures, you never produce your oft threatened rebuttals.
  4. Can you so to what extent if any you consider Donald Muir was responsible for debt reduction, as I recall WS said the bank was running the club. http://is.gd/zbkwUR
  5. Do you mean the CE Wallace that the reqs were also considering, can you flesh out your other concerns, can you enlarge on co-accused and your assets angle.
  6. Boss posted a succinct appraisal, PM never reduced any debt the bank and their place man did.
  7. I believe lawmans thrust is that murdoch totally misrepresented the truth with the acquiescence of others present, hence his final closing sentence.
  8. I know this has been commented on but I was just looking through the accounts there and noticed something so thought I would go back to it.**During the meeting a week past on Thursday, Scott Murdoch said, and I quote: “Im no mathematician but let me just read a piece out of the Annual Rangers accounts, ah yes it’s a horrible picture of Brian Stockbridge but eh basically….(some turnover figures)….the overall staff costs, this when Brian Stockbridge was the CFO, the Financial Director in all of this, the overall staff costs were £17.9 million quid, of which importantly, the player salaries are only £7.8m. So, roughly £10m was Directors remuneration and bonuses and payments at that time in this last 13 months and that’s FACT” Now, immediately following this, there were many of us who pointed out it was a lie straight away as he had clearly forgotten about all the staff needed to run an operation the size of Rangers but there were counter arguments that these people are paid peanuts and we should forget all about them. It only struck me when reading the accounts again just how wrong he actually was. Lets take a look: http://www.rangers.c...lReport2013.pdf Page 34 – Item 7. Directors Emoluments Brian Stockbridge - £409k Charles Green - £933k Malcolm Murray - £52k Craig Mather - £59k Walter Smith - £50k Ian Hart - £28k Bryan Smart – £28k Phillip Cartmel - £29k James Easdale - £0 Total pay including, salaries, fees, severance payments, bonus, Benefits in Kind was £1.589m Now lets add Imran Ahmad in who wasn’t a Director as stated by Mr Murdoch but was probably in the firing line.**He took home £303k Finally, there were a number of Related Party transactions which although im not sure where they appeared, I will include them as “Directors pay” for this exercise.**Total = £394k So in total the “Directors remuneration, bonuses and other payments” totalled £2.6m, NOT £10m which also includes a non director and I have added “On costs” as well to the total. Before anyone asks, the £7.8m was “first team playing squad” and therefore did not include all the coaching staff, of which we know the first team coaches and manager alone took around £1.5m, and all the youth players.**If the “category” was called Football Staff, the figure would have been in excess of £11m. Add to this the £2.6m Directors package, NOT £10 MILLION SCOTT, and that leaves about £4m for the 150 non playing staff. Mr Murdoch most definitely got one vital thing 100% spot on though.**He is certainly no mathematician. When will the lying stop ?
  9. There is an old adage about never ask a question unless you know the answer, why do I have the notion that there may be a sting in the tail here.
  10. How does that affect his administration by Xmas gaff, can you provide the information for the board blocking him.
  11. Wonder how King's prediction of administration by Xmas is working out, doubt he will be investing any Rands.
  12. I comprehend it well, he bailed before the big day, no amount of spin will alter that.
  13. No licence just an appraisal of what he said, strange he would bail before the big day.
  14. I believe JM softened his stance when he bailed. http://www.dailymail.co.uk/sport/football/article-2515867/Jim-McColl-says-work-Rangers-rebels-over.html
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