Kieran Prior - 'Dismay And Horror'- Boardroom Shake-Up

[chilledbear 16]

RANGERS investor Kieran Prior has reacted with â??dismay and horrorâ? to the latest shake up in the Ibrox boardroom.

 

Bus company boss James Easdale was appointed a non-executive director yesterday.

 

And that came just hours after former chairman Malcolm Murray and Phil Cartmell, his fellow non-executive director, left the board.

 

Former City of London whizzkid Prior, who purchased 1.2 per cent of the club in a £400,000 deal last month, fears Murray resigned his position.

 

Former Goldman Sachs trader Prior is also deeply concerned at the departure of Cartmell, the placeman of brokers Cenkos, who have now been replaced by â??boutique investment bankâ? Strand Hanson.

 

Prior said: â??My reaction to the latest boardroom announcements are twofold â?? dismay and horror.

 

â??Rangers have changed their broker of choice from Cenkos, an established and respected firm, to one which I have never heard of.

 

â??Unassuming fans might think it a non-event but the presence of Cenkos would have assured investors both present and future.

 

â??This is the brokerage that brought Rangers to market last year and provides us with a heritage and access to capital markets.

 

â??I only hope Strand Hanson are not yes men. Charles Green has a lock-in period on his shares of two years. I would trust the new brokers would not move from that.

 

â??James Easdale and his brother Sandy have a reported six per cent stake in Rangers, which I would dispute.

 

â??Iâ??m sure James is successful in terms of logistics and transport but I donâ??t see how someone with such a small percentage of shares should be rushed on to the board.

 

â??Why not wait until the agm at the end of August? My fear is certain parties are trying to stack the deck in their favour ahead of the agm.â?

 

Prior bought his stake in the club with a view to â??looking under the bonnetâ?.

 

He said: â??This has more twists and turns than a Dan Brown novel but Iâ??ll continue to ask questions and be a pain in the a***.â?

 

Meanwhile, Gers keeper Cammy Bell has survived a major injury scare in the final training session of the Highland Tour.

 

The summer signing from Kilmarnock suffered a knee injury during training but was cleared after treatment.

 

Rangers are also hoping to extend Bilel Mohsniâ??s trial and include him in Saturdayâ??s friendly at Bristol City.

 

http://www.dailyrecord.co.uk/sport/football/football-news/rangers-investors-dismay-horror-over-2041630

[reaper 0]

What sort of whizkid hasn't heard of a company that turned over near a billion in 2004 alone in city deals ?

[foggy dewhurst 0]

regarding strand hanson i remember reading a story about them in the telegraph back in 2011 were the writer warned this company should come with a health warning i think if i remember correct this is an offshoot of the old hanson trust which for older fans may remember were asset stippers mr prior in my opinion is spot on with his caution .

i wonder if old lord hansons odious son robert has anything to do with this company a man who would sell anything to make profit for his investors/friends .

Edited July 10, 2013 by foggy dewhurst

[chilledbear 16]

regarding strand hanson i remember reading a story about them in the telegraph back in 2011 were the writer warned this company should come with a health warning i think if i remember correct this is an offshoot of the old hanson trust which for older fans may remember were asset stippers mr prior in my opinion is spot on with his caution .

i wonder if old lord hansons odious son robert has anything to do with this company a man who would sell anything to make profit for his investors/friends .

 

Hanson tried to steal my pension back in the day.

[chilledbear 16]

regarding strand hanson i remember reading a story about them in the telegraph back in 2011 were the writer warned this company should come with a health warning i think if i remember correct this is an offshoot of the old hanson trust which for older fans may remember were asset stippers mr prior in my opinion is spot on with his caution .

i wonder if old lord hansons odious son robert has anything to do with this company a man who would sell anything to make profit for his investors/friends .

 

Double post, I only had one pension

Edited July 10, 2013 by chilledbear

[reaper 0]

regarding strand hanson i remember reading a story about them in the telegraph back in 2011 were the writer warned this company should come with a health warning i think if i remember correct this is an offshoot of the old hanson trust which for older fans may remember were asset stippers mr prior in my opinion is spot on with his caution .

i wonder if old lord hansons odious son robert has anything to do with this company a man who would sell anything to make profit for his investors/friends .

 

Some alleged financial writers lead very sheltered lifes, they appear to think the world is made of sponge cake crisp clean bankers and risk be the devil, tossers and a piss poor article in which the target played with the so called author.

 

Prior's comments have MM all over them, no surprise there.

 

http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CDAQFjAA&url=http%3A%2F%2Fwww.strandhanson.co.uk%2F&ei=_Q7dUe3SOerR0QXisoGQCw&usg=AFQjCNGQ0P8YO8BwK1z9TDMrlMMbZJPPSA&bvm=bv.48705608,d.d2k

[andy steel 0]

I am sitting here with a cup pf tea trying to arouse some enthusiasm for yet more board room stuff but no, there's nothing happening.

 

I suppose it is an abdication of responsibility (not that fans have much, or power anyway) but I've just had enough of it.

[der Berliner 3,282]

â??Why not wait until the agm at the end of August?

 

That is the only interesting bit I take from this news, apart from Bell not getting injured.

 

Prior should do better than talking to the Record, BTW.

[amms 0]

regarding strand hanson i remember reading a story about them in the telegraph back in 2011 were the writer warned this company should come with a health warning i think if i remember correct this is an offshoot of the old hanson trust which for older fans may remember were asset stippers mr prior in my opinion is spot on with his caution .

i wonder if old lord hansons odious son robert has anything to do with this company a man who would sell anything to make profit for his investors/friends .

 

Yes, it is that 'Hanson', he's the chairman.

I've a mate who was involved in a wonderful if alarming 'incident' with him many years ago. My mate was a policeman in the RAF at the time.

It unfortunately confirms everything you fear about the class system in this country and the connections of the powerful. I'd love to share it with you but it would probably get Gersnet closed down. It has no bearing on this story either.

[reaper 0]

Yes, it is that 'Hanson', he's the chairman.

I've a mate who was involved in a wonderful if alarming 'incident' with him many years ago. My mate was a policeman in the RAF at the time.

It unfortunately confirms everything you fear about the class system in this country and the connections of the powerful. I'd love to share it with you but it would probably get Gersnet closed down. It has no bearing on this story either.

 

 

Two names cover all, fred the shred and lord lucan.