buster.
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Everything posted by buster.
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As a club we are in the midst of a very Long 'Perfect Storm' that encompasses not only the societal issues you talk about, but long term neglect to the football operation and the consequences of being within a process controlled by various incarnations of corporate sharks (executive boards) who suck the marrow from distressed companies. It's a combination that put alongside the marginalisation of the smaller leagues (including Scotland) and the wider european footballing offer to new generations, paints a very bleak picture.
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We are already 'Espanyolificado'. ie. living in the shadow of direct rival. Histroically you have had transitory periods where one dominates another but this particular episode goes much deeper. We have been many years in metaphorically digging such a hole, to the extent that it becomes very difficult (all things considered) to see daylight in the medium-term.
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You refuse to listen to me or answer any questions, so here is what the club said recently............ "There is no proper talent identification and scouting operation in place for professional players and at the time when investment in playing talent needed to focus on identifying value acquisitions, the Club dismantled its scouting and recruitment network." Graham Wallace He took 120 days to come up with this so you'd hope it be accurate !!
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Rangers Retail Ltd (51%) and Sports Direct (49%) have a joint venture where on the face of it RRL seem to have control. However on financial matters Sports Direct shares count for double and they can do what they want. Would Ashely (or friends/associates) be on board what has been termed by GW as an 'onerous contract' ?
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It's obvious that Rangers and Celtic have been the main drivers of revenue for the Scottish game over a number of years. More especially back when gate money was shared for League games. IMO it wasn't surprising that after Rangers lost their SPL share, there would be a 'cost' to pay within an existing contract (to keep it in place) that budgeted for the coverage of Rangers (including 4 OF games).
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The UK is a changed place these days. A disturbing change that has been gradual but steady.
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Whilst you are waiting you could address the general point (that doesn't need spelling out)
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Perhaps you should consider the general point being made.
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I think the easiest way to illustrate this matter is to compare us with Celtic when looking at social media. The respective organisation and professionalism involved when it comes to 'investigations' and lobbying others is at very different levels. They seem to have a plethora of 'professionals' prepared to come forward and contribute to a perceived 'cause'. We have a trickle and are very much 3rd tier in this area compared to our rivals. The other thing to bear in mind wrt this is that some of what I term as 'professionals' within our ranks actually bat against each other and so there isn't a real common goal as such. This brings you back to 'division', suspect judgement/interests and toxic spin. This is obviously only part of what is being referred to within Hildy's post.
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As a consultant (rather than director)... shareholders won't be able to find out. He did bump his gums when asked saying he was getting 1,000 sterling IIRC but truth and CG were like oil and water. It is more than noteworthy that between the termination of his contract in late May and his consultancy appointment he seemed to be in contact with the board, using his Rangers e-mail address (see link below) http://es.scribd.com/doc/224549250/Charlie-Says
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2/8/13: Chales Green Appointed as consultant 5/8/13: Walter Smith resigns as Chairman 5/8/13: Daniel Stewart appointed as Broker 19/8/13: Laxey pass 6% stake threshold 20/8/13: Charles Green consultancy terminated 1/10/13: Daniel Stewarts appointed Nomad 1/10/13: Charles Green no longer has a notifiable interest in RIFC (stake over 3%)
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The various incarnations of the board get value for money, we just pay for it (indirectly) Toxic Jack and his remit did untold damage wrt the ability of the support to constructively criticise/oppose/contribute to club strategy going forward. I could write hundreds of pages on this but this thread is about the Police Probe and I don't want to be accused of directing attention away from it whilst on the subject of spin.
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Tbf Newgate Threadneedle are specialists within the financial world but whilst we can question if the PLC gets value, it's difficut to tell. The PR/spin costs for the business as a whole will be relatively high but very much expected given the way the club have operated for the last few years. This is what costs not only money but it has helped create a mindset whereby 'blind loyalty and general acceptance of bulls**t' has paved the way for the sp.ivs. I think you could consider it a cost so as to:- - lay down a general fog in place of transparency where deemed necessary, - push x,y or z into the mindset of the support. - mislead on specifics - shield/proof reader to prevent letting something slip - infiltration of social media (general management of) - brief journalists on slant required - keep the support ingnorant on x and y - promote and nuture division within support - etc
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Rumours that Bishop Assoicates double up as fooball scouts in the North East of England are unfounded. http://keithbishopassociates.com/corporate/ Apparently GW is banking on the new concept of improving player value by spin. It is loosely based on the John Lambie incident where one of his players lost his memory, Lambie proceded to tell him that he was Pele and to go and score a hat-trick. "Spinning our way to the Championship within 3 years" was apparently rejected as the the title for the 120 day business review. This decision accounted for 9 days.
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This is extremely revealing wrt to their style of MO and illustration to show that the current board operate in a very similar way to those who frittered away tens of millions. Of course this lot don't have the option of frittering away such sums because they don't have them at present. However this is a different stage in an ongoing process to suck the value out of the club (will sooner or later include the assets). No great conspiracy, it's simplyhow corporate vultures operate within distressed companies. Once their claws are in, they don't let go until they feel they have maximised return.
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This is a surprise that the board who sell themselves as the Champions of Corporate Goverance & Transparency and blame those in the past for what they 'inherited' would interpret the Companies Act in a way that opposes a shareholders legal right in such a way that suggests that they'd prefer the respective service contracts stay secret. The proof of the pudding will be in what is determined. It appears that the board have dug their heels in on this one and must believe that they have a reasonable or good chance of having their decision 'upheld',......or that there is reason for them to try their utmost to keep the contracts of Green and Ahmad hidden. eg. What if the contract(s) weren't accurately reflected in the IPO prospectus ? Corporate Goverance, Transparency, Communication & Engagement. The Board Talk the Talk but don't Walk the Walk. Not too surprising given that the main power seems to come from the same shareholder block that lurked behind Green.
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You're in as the new FD. Report tomorrow, you're first task is to talk to The Scotsman about a turnover of 100M within a year or two. This was one we did earlier http://www.heraldscotland.com/news/home-news/rangers-aim-for-100m-turnover.20455502
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Curious LVG audition for the Sky punditry slot for CL games
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Would they be ze ones with no IPO incoming cash (ie.considerably more cash than the combined IPO costs, EH&ACP purchases) ?
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We have an ongoing process that is already doing that bit by bit, sucking on the marrow and positioning the assets. The stark reallty is that the 'faultline' created/put in place may mean a dark place is inevitable and it's only the timescale to be determined.
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Summer transfer window: Official ins/outs and transfer rumours
buster. replied to Zappa's topic in Rangers Chat
Given the talk about Gunning and 7K............. From the business review The Club acquired a number of players in Summer 2013 that, based on financial forecasts, it should have known that it could not afford. The first team squad has the second highest wage bill in Scottish football for a team currently playing in the third tier. The total player wage cost is well in excess of the level it should be primarily due to generous and poorly structured contracts that were awarded to some players when they joined the Club. and Should the Club suffer a substantial decrease in season ticket income in the next two months, then it would be unable to trade in the short term without seeking additional external funding as previously disclosed in the RIFC December 2013 interim results. For full business review click... http://www.rangers.co.uk/images/staticcontent/documents/RangersBusinessReview.pdf -
So reading between the lines from a couple of your recent posts, you seem to see the solution as being a superficial one with a marketing manager as being vital and the media to help promoting the signing of a player(s). A continuation of the 'give the punters 'a perception of happiness, keep them ignorant and spending money whilst we do as we will' strategy that has served us so well. Comes back to the question of Trust, or the lack of.
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I don't understand how a marketing manager (MM) goes anywhere near the root of the problem. A spin-doctor is there to help the board communicate their message............. (I'm being generous in my choice of language) A MM could help with ST's. How about the board look to address the current issues in a meaningful way and not massage reality with misleading language or whatever the spin-doctor comes up with.....
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"A problem is a problem until you get to the root of the problem." Back on topic. Has anyone sent Sandy and/or Graham an e-mail (at their Rangers address) asking if there are more renewals than petition signatures ?
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There will always be disagreements (sometimes abusive) within a large groups of people/groups. Try all you might you will not reach the 'promised land'. Now is the time to concentrate focus on the bigger and immediate issues and not worry about a small number who shout loudly/abuse.