Walter is now the club Chairman

[the gunslinger 3,366]

one of my concerns about Walter is his closeness to Ally McCoist. From a football perspective we simply cannot have another season like the last one. The team manager must have clear targets for next season. We'll probably be in three domestic cup competitions & whichever league we're in. I'd say 3 out of 4 must be the targets one of which should be the league. Will Walter set that sort of target for Ally?

 

 

 

No definately not. Walter never went into anything not looking to win it. Neither did ally it will be 4 out of 4.

[simplythebest 0]

Walter may get it wrong. Anyone may but all you can ask of anyone is they try their hardest and do what they believe to be right for rangers. That's the least we will get from Walter. It's signifly better than we would get from Ahmed or any other Zeus pasty.

 

I believe Green did his best for us but each to their own.

[Blue Moon 1,117]

I am reassured tonight, not necessarily with Walter becoming chairman, but by the fact he is still there. I would have been really concerned had he resigned.

[stewarty 1,877]

I'm happy. There are justifiable concerns in Walter's appointment. He doesn't appear to have significant board level experience when we clearly need stability that would surely come from having a proven performer.

 

But Walter will have attended numerous board meetings in his capacity as football manager. He has also attended meetings since his appointment as non-exec director. There is a multitude of information and training available to Walter, and I've no doubt he will have taken soundings from his no-doubt excellent contact list. Therefore, I'm sure he will have a very good idea of what is required.

 

All things considered, Walter is exactly what we need. We need someone with the standing in the game to take us forward in a positive manner. Someone who can support out Acting Chief Executive who's credentials for their role I would say are far less clear.

[Tom Davison 0]

I'm happy. There are justifiable concerns in Walter's appointment. He doesn't appear to have significant board level experience when we clearly need stability that would surely come from having a proven performer.

 

But Walter will have attended numerous board meetings in his capacity as football manager. He has also attended meetings since his appointment as non-exec director. There is a multitude of information and training available to Walter, and I've no doubt he will have taken soundings from his no-doubt excellent contact list. Therefore, I'm sure he will have a very good idea of what is required.

 

All things considered, Walter is exactly what we need. We need someone with the standing in the game to take us forward in a positive manner. Someone who can support out Acting Chief Executive who's credentials for their role I would say are far less clear.

 

Have a look at Mr Mather's background. His business credentials are in no way inferior to those of. Martin Bain and Charles Green.

[stewarty 1,877]

Have a look at Mr Mather's background. His business credentials are in no way inferior to those of. Martin Bain and Charles Green.

 

Perhaps. But his lack of involvement in football is a concern. Bain and Green both had that before being CEO.

[Darthter 542]

Perhaps. But his lack of involvement in football is a concern. Bain and Green both had that before being CEO.

 

Does he not run some kind of football academy/agency type thing???

[calscot 0]

Walter Smith may not be the most educated or business minded guy around but you don't become such a successful MANAGER of top football clubs like Rangers and Everton (and even Scotland) without developing all the desirable traits of a business manager but with an unmatchable wealth of knowledge about football and football business. You also don't do it without being a highly intelligent and canny person who learns quickly and can adapt with agility. He also has massive, massive leadership qualities that you'll find rare to match from highly experienced accountants etc.

 

The guy has been around you know and I'm sure it won't take much training for him to be able to do a chairman's job with confidence - with the great leadership quality of doing a lot of listening to specialist advice when needed.

 

Under Murray, I'm sure he was immensely privy to what was going on in the boardroom apart from what our former owner didn't want him to know. He's served almost a year on the board which is more than many football chairmen before they pick up the top position, and so a guy like him should easily have picked up what goes on and what is required.

 

One thing he knows far more than finance people, is what direction a football club needs to go to be successful. Football is NOT a normal business and there is far more evidence of failure for those that try to ignore that fact. A company just needs to make good profit, a football club needs to be the BEST, better than all the other clubs who's only aim is to be the best. To quote from Highlander, "there can be only one" - in business there can be many. This counts 100 times more for a club like Rangers.

 

The opposing trade-off for this is that it is easier to be successful not only if you don't make a profit but in the short term it's beneficial to make a LOSS. How does that tie in with normal business goals and practice? It's an anathema and paradox to most accountants.

 

Success is not measured on the balance sheet.

 

Of course we have learned the hard way that it is not in the best long term interests of the club to operate at a loss and as Bayern have shown, it is obviously prudent to not spend a penny more than you earn. It's not the only way to do it and it can be trounced by the speculate to accumulate method but the latter is an obvious gamble that can get you into deep shit.

 

So the balance sheet, instead of showing a profit would be better off being "balanced" while efficiency improvements going towards improving the playing staff. Accountants can take care of that without needing to plan how a great club should be successful. That batton is probably better in the hands of one of the most successful managers of all time. He's not called the "Silver Fox" for nothing.

Edited May 31, 2013 by calscot

[simplythebest 0]

Walter Smith may not be the most educated or business minded guy around but you don't become such a successful MANAGER of top football clubs like Rangers and Everton (and even Scotland) without developing all the desirable traits of a business manager but with an unmatchable wealth of knowledge about football and football business. You also don't do it without being a highly intelligent and canny person who learns quickly and can adapt with agility. He also has massive, massive leadership qualities that you'll find rare to match from highly experienced accountants etc.

 

The guy has been around you know and I'm sure it won't take much training for him to be able to do a chairman's job with confidence - with the great leadership quality of doing a lot of listening to specialist advice when needed.

 

Under Murray, I'm sure he was immensely privy to what was going on in the boardroom apart from what our former owner didn't want him to know. He's served almost a year on the board which is more than many football chairmen before they pick up the top position, and so a guy like him should easily have picked up what goes on and what is required.

 

One thing he knows far more than finance people, is what direction a football club needs to go to be successful. Football is NOT a normal business and there is far more evidence of failure for those that try to ignore that fact. A company just needs to make good profit, a football club needs to be the BEST, better than all the other clubs who's only aim is to be the best. To quote from Highlander, "there can be only one" - in business there can be many. This counts 100 times more for a club like Rangers.

 

The opposing trade-off for this is that it is easier to be successful not only if you don't make a profit but in the short term it's beneficial to make a LOSS. How does that tie in with normal business goals and practice? It's an anathema and paradox to most accountants.

 

Success is not measured on the balance sheet.

 

Of course we have learned the hard way that it is not in the best long term interests of the club to operate at a loss and as Bayern have shown, it is obviously prudent to not spend a penny more than you earn. It's not the only way to do it and it can be trounced by the speculate to accumulate method but the latter is an obvious gamble that can get you into deep shit.

 

So the balance sheet, instead of showing a profit would be better off being "balanced" while efficiency improvements going towards improving the playing staff. Accountants can take care of that without needing to plan how a great club should be successful. That batton is probably better in the hands of one of the most successful managers of all time. He's not called the "Silver Fox" for nothing.

Surely Director of Football is the more appropriate boardroom football strategy type role?

[54andcounting 0]

Walter Smith hopes to bring about stability

 

 

Smith replaced Malcolm Murray in the latest boardroom shuffle at Ibrox, with the latter remaining at the club as a non-executive director.

 

And the move completes a dramatic year for Smith, who was part of a consortium which failed to buy the assets of Rangers after they entered the liquidation process in June 2012.

 

The 65-year-old was then appointed as a non-executive director by Charles Green, who stepped down from his role as chief executive at the Third Division club in April after allegations of involvement with former Rangers owner Craig Whyte.

 

Green was cleared by an independent inquiry carried out on behalf of the Ibrox club, and remains majority shareholder in Rangers.

 

Smith said: "Unity among the directors is vital. We must all be on the same page as often as possible.

 

"We won't always agree but Rangers, this club and our fans must always come first. It's a great honour to be asked to take up this position.

 

"However, no one should believe that I see my role as a passive one. That hasn't been my way in the past and it won't be my way in the future."

 

http://www1.skysports.com/football/news/11095/8744317/?