Jump to content

 

 

Administrators organise staff meeting for 4pm today (Wednesday)


Recommended Posts

Curse of the Agents strikes again!!!

 

They were talking about this on Sportsound earlier tonight. Apparently, there were some player agents wanting clauses put in the agreement that would see them recoup the wage losses at a later date. Sell-on clauses etc.

Link to post
Share on other sites

Stars' fury at axemen 'lies'

 

By GARETH LAW and ROBERT GRIEVE

Published: Today at 01:00

 

RANGERS stars erupted in anger last night as they accused the club's administrators of LYING.

 

After gruelling talks between bean counter David Whitehouse and Gers stars, another day of drama ended with no agreements.

 

Senior Ibrox stars openly clashed with administrators Whitehouse and Paul Clark, who had claimed the players were holding up a deal that would save jobs at Ibrox.

 

Steven Whittaker and Stevie Naismith were last to leave Murray Park late last night, after Clark and Whitehouse had earlier accused them of being the only ones stalling things for the whole squad.

 

That was despite skipper Steven Davis and several other stars also refusing to sign up to any deal, as the administrators failed to give any concrete guarantees for the future.

 

Davis had left earlier in the day, but was seen speeding back in to demand an explanation from the Duff and Phelps' duo about their claims.

 

The administrators then insisted they got their information from Ally McCoist, but when the Gers boss was quizzed he denied the claims.

 

In a further twist, Clark and Whitehouse also claimed they couldn't agree to reduced sell-on fees for the summer transfer window in return for players' slashing their wages. They claimed HMRC could take them to task for artificially reducing the value of Rangers' assets.

 

But first team stars now want to hear that from the taxman themselves.

 

Yesterday's spats mean the players have now lost massive amounts of confidence in Clark and Whitehouse and the pair face a huge amount of work to win first team stars over.

 

Angry players want guarantees there will be no job losses if they agree to forego up to 75 per cent of their wages until the end of the season.

 

Whitehouse had blamed players' agents for blocking a pay-cut agreement.

 

Whitehouse said: "This has been a very frustrating day. Earlier we believed we had agreed in principle a basis for cost-cutting measures with the players accepting substantial pay cuts.

 

"Sadly this evening we have been unable to reach agreement on the personal conditions sought by the agents to the players in respect of wage cuts.

 

"There is still hope these issues can be resolved tomorrow, but it is disappointing it could not be done tonight."

 

http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4177121/Stars-fury-at-axemen-lies.html#ixzz1oOIm4p5f

Link to post
Share on other sites

Stalled: Senior rebels give thumbs down to Ibrox deal as Wylde sacrifices career to aid staff

 

By Stephen Mcgowan

 

Last updated at 12:34 AM on 7th March 2012

 

 

A deal to avoid player redundancies at Rangers collapsed following a rebellion by senior players and their agents.

 

On a day when Gregg Wylde and recent signing Mervan Celik quit the club, 12 hours of talks ended when Steven Davis, Steven Whittaker and Steven Naismith drove away from Murray Park at around 10pm.

 

The trio are amongst a group of senior players â?? believed to number seven in total â?? who called their agents to the training ground amidst unhappiness over the renegotiation of contracts until the end of the season.

 

After three weeks of deep uncertainty, talks will now resume this morning in a quest to achieve £1million a month of savings from the troubled clubâ??s budget.

 

Ibrox administrators Duff & Phelps believed they had done a deal around teatime to bring in swingeing wage cuts ranging from 75 per cent for the highest earners to 25 per cent for the lowest.

 

In return, however, senior members of the squad demanded assurances over concessions which would see them free to leave Rangers in the summer. Two of the players also sought promises on the future of the clubâ??s management team.

 

Disappointed by the failure to reach a compromise, co-administrator David Whitehouse emerged after 10pm to say: â??It has been a very frustrating day. Earlier, we believed we had agreed in principle the basis of cost-cutting measures with the players accepting substantial pay cuts. We are very grateful for their efforts to that point.

 

â??Sadly, this evening, we have been unable to reach agreement on the personal conditions sought by the advisors to the players in respect of these wage cuts.

 

â??There is still some hope these issues can be solved in the morning, but it is extremely disappointing we havenâ??t been able to get there tonight.

 

â??Other than that, Iâ??m not going to say any more this evening.â??

 

A principal reason why the administrators are eager to find a compromise is because of the financial disparity between second and third place in the SPL. Dispensing with some of their first-team stars would undoubtedly jeopardise their ability to hold on to second place, with £900,000 believed to be the potential drop in prize money.

 

The day began with midfielder Wylde tearing up his contract, with the winger linked with Southampton.

 

Celik also left the club and on-loan Arsenal defender Kyle Bartley is expected to return to the Emirates.

 

On a day of drama, when deadlines and ultimatums were set but unfulfilled, the issue was left to linger for another day. Duff & Phelps, believed to be raking in £100,000 a week from Rangers, will now face questions over their reluctance to impose the cuts required a full three weeks since the club entered administration.

 

Sources close to the rebelling players insisted a deal was less close to completion than the administrators claimed.

 

Most of the players left around 4.30pm, by which time an announcement on agreement was expected within the hour.

 

The return of captain Davis to Murray Park after 8pm triggered the first suspicions, however, that matters were far from clear-cut.

 

Had the cuts been agreed, Davis and keeper Allan McGregor would have seen their weekly wage of around £28,000 slashed to £7,000, while lower earners, such as Sone Aluko, will see their pay cut to £1,600 a week.

 

The players insist they are willing to take the cuts until the end of the season, with existing contracts effectively being ripped up and replaced by the revised deal.

 

In return for accepting draconian cuts and avoiding a jobs cull, players demanded huge concessions from the administrators.

 

Some at the top end of the pay scale wanted a minimal buy-out figure written into their new contracts, enabling them to join another club of their choice for a cut-price fee in the summer. Others were promised contract extensions when the current short-term emergency agreements expire.

 

McGregor, who signed a six-year deal last summer, had earlier denied through his solicitor that he had refused to take a pay cut.

 

In a statement, Margaret Gribbon, of Bridge Litigation, said: â??Contrary to some media reports, Allan has not refused to accept a salary reduction.

 

â??These allegations are false and Allan has instructed me to make clear if these allegations are reported as fact, he will have no option but to resort to legal action.

 

â??Allan, along with many of his fellow players, is committed to making personal salary sacrifices to ensure the club survives.

 

â??Allan has and will continue to extend his full co-operation to the administrators at this very difficult and challenging time for the club.â??

 

Meanwhile, SPL chief executive Neil Doncaster also clarified the situation regarding any players who leave Rangers immediately, such as Wylde and Celik.

 

â??There are some countries where the transfer window remains open, so that is a potential opportunity for them,â?? he said.

 

â??For them to go to England, where the transfer window is closed, they would need special dispensation from FIFA. Typically, where a club has been in administration and players have been made redundant, that hasnâ??t been a problem and is something FIFA has tended to do.â??

 

http://www.dailymail.co.uk/sport/football/article-2111310/Rangers-administration-Senior-rebels-thumbs-Ibrox-deal-Wylde-sacrifices-career-aid-staff.html

Link to post
Share on other sites

Tensions mount as night of long knives averted

 

by Richard Wilson

Sports writer

 

'The mood," said Kyle Bartley, "is pretty bleak." The defender was driving out of Murray Park early yesterday afternoon, and spoke only briefly through the opened window of his car.

 

The sense around Rangers' training ground was of sombre realisation; all that could be acknowledged was the significance of the discussions taking place inside the complex. Players departed and some, such as Bartley and Kyle Lafferty, returned later in the day. Nothing was resolved, and it became for the people involved an exercise in perseverance.

 

Late into the evening, the last of the players left Murray Park. The cars of Steven Davis, Steven Whittaker and Steven Naismith had to inch past members of a girls' team who were gathering outside after playing a fixture on the training ground's pitches. The Rangers players departed with only unresolved issues for company, although they were not the only three whose futures remain undecided.

 

The negotiations have been an endurance. In most other cases of football clubs falling into administration, redundancies have been made swiftly. Cutting the wage bill is the most effective way to reduce costs, and the only way to make significant savings. Some financial experts are puzzled at the way the situation at Rangers has dragged on, particularly after the administrators revealed they need to make savings of £1m a month. There seems a tension between their obligations to cut outgoings to return the business to an even keel and the need to retain the worth of the first-team squad. It is this contradiction that left the players with some bargaining power.

 

To cut £1m from the monthly outgoings, the administrators would have needed to make a large number of redundancies, including some of the higher earners such as Davis, Naismith, Whittaker, Allan McGregor, Lee McCulloch and Carlos Bocanegra. Yet many of these individuals are also assets who could be sold when the transfer window reopens in the summer. Although the wage bill needs to be trimmed, a squad that has lost its best players would also prompt any potential buyers of the club to reduce their offer.

 

The administrators were reluctant to take the drastic action. Knowing this, the players sought to find a solution that would prevent any redundancies being made. A wage deferral scheme was rejected by the administrators, even although they have been used in football administrations before. One financial source said yesterday that deferrals would have made some sense in Rangers' case if an interested buyer â?? such as Paul Murray, the former Rangers director â?? was prepared to take responsibility for funding them.

 

The only other option was staggered wage cuts, with the players prepared to agree to a split of 75% for those earning more than £15,000 a week, 50% for those earning upwards of £2000, and 25% for the rest. Yet to accept the cuts, they wanted something in return. It is thought the discussions centered on either players being able to leave on free transfers in the summer or, in the cases of those who are considered major assets, for a clause in the contract that would force the club to accept minimum transfer fees, or for percentages of future transfer fees.

 

During the course of yesterday afternoon, many of the players' agents began to arrive at Murray Park to negotiate these compromises. With only two having departed â?? Gregg Wylde and Mervan Celik â?? the mood among the squad might have been more optimistic. There seems a distance between the players and the administrators, though, as both sides seek to protect their own interests.

 

For the team, the psychological effect could be devastating. In most other cases of administration in football, once the redundancies are made, a siege mentality develops among those who are left behind. Performances tend to be more emphatic, even if the resources have been diminished. At Rangers, though, only an air of doubt and suspicion has settled among the squad.

 

A strong bond exists among the core of the squad, since most have them have been together for more than four years and have been drawn together by the series of financial dramas that have surrounded the club in recent years. This last crisis would have pulled them further together, but the ongoing disagreements with the administrators will have eroded some of that resolution.

 

The higher earners at the club, among them thought to be Ally McCoist and members of the coaching staff, were prepared to make a meaningful sacrifice, but those offers have not yet been finalised.

 

The bonds of the squad were once established by the triumphs of winning three league titles and, on a campaign of doggedness, the 2008 UEFA Cup final. Now there is an embattled feeling among them as they fight for their own futures, but also those of their colleagues and co-workers at Ibrox. Some are prepared to play for nothing in the closing weeks of the season, and the players are now trying to correspond their commitment to the club with their own needs.

 

Somewhere in this impasse, when frustrations and emotions will be strained, McCoist has to try to find the means to hold his squad together. His job, late last night, will never have seemed more punishing.

 

http://www.heraldscotland.com/sport/football/tensions-mount-as-night-of-long-knives-averted.16956965

Link to post
Share on other sites

Thanks for those links Zappa. I don't think there's anything too much to worry about there. The papers naturally sensationalise things, we know that.

 

As i read it, they have agreed how much they are to be paid right now. it's at the end of the season when the transfer window opens, that's the sticking point. I can't blame any player for anything they do right now, this is DM's fault, not theirs.

 

The boy Celik was bang on the money with what he said yesterday. he doesn't owe Rangers, or the fans a thing

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.