Sports Direct & Puma deals are weighted in favour of the suppliers - R Wilson

[the gunslinger 3,366]

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sorry but thats just ridiculous

 

it's possible. will he do it probably not but thats the nature of a threat.

[rbr 1,247]

You don't think Green could do that or that he didn't say that Bomber?

 

I know he couldn't do it , what he said to brown I don't know but considering the pish brown talked who knows

[the gunslinger 3,366]

how couldn't he do it.

 

he could take the stadium and training ground off us and ruin us forever.

[simplythebest 0]

Anything to shut Bomber up.

[rbr 1,247]

how couldn't he do it.

 

he could take the stadium and training ground off us and ruin us forever.

 

And just exactly how could he go it , considering his shareholding and the fact that the other investors would lose everything, be serious man

[the gunslinger 3,366]

And just exactly how could he go it , considering his shareholding and the fact that the other investors would lose everything, be serious man

 

no they wouldn't. they would sit back and get the rents in perpetuity same as green would.

 

we would end up like coventry or leeds. or hearts if hearts arent very lucky.

 

we need ibrox without it we are in real bother.

[rbr 1,247]

no they wouldn't. they would sit back and get the rents in perpetuity same as green would.

 

we would end up like coventry or leeds. or hearts if hearts arent very lucky.

 

we need ibrox without it we are in real bother.

 

What rent , are you just plucking stuff out the air , you can't just start making stuff up and passing it as reality .

[the gunslinger 3,366]

What rent , are you just plucking stuff out the air , you can't just start making stuff up and passing it as reality .

 

i am just demonstrating how green could carry out his threat if he chooses to do so.

[Anchorman 0]

Sports Direct & Puma deals are weighted in favour of the suppliers - R Wilson

At the very least, the coming weeks will bear witness to turmoil. Brinksmanship is, after all, seldom accompanied by a sense of calm. The ownership of the club is at stake and two sides are determined to prevail.

 

The next few days will be revealing. Walter Smith, the chairman, will have to react to the return of Charles Green - who had previously been intent on the removal of Ally McCoist's assistants - and the emergence of Jim McColl as a figure attempting to force change in the boardroom.

 

By putting his name to the notice requisitioning an extraordinary general meeting to vote on the removal of financial director Brian Stockbridge, chief executive Craig Mather, and non-executive director Bryan Smart, McColl broke cover in a way that he has previously been reluctant to do.

 

He was one of the parties interested in buying the club during administration last year, but without any publicity. Taking this stance is a measure of his confidence, since he will not want to be seen to fail. His group is adamant and optimistic.

 

Smith will not welcome Green's return, although the former chief executive was prevented from becoming a director again. He will continue to agitate for that. Smith and McColl worked together on an unsuccessful bid to buy the club from Green last summer and the fans will be influenced by how the chairman reacts. Smith could, in theory, take the majority of the support into one camp. In effect, though, the personalities are a diversion, even if Green is believed to be opposed to Malcolm Murray, the former chairman who is supporting McColl's group. The battle will be won among shareholders and financial institutions.

 

Green is a persuasive salesman. Last December's Initial Public Offering of shares was successful in part because of Green's chutzpah. He and his backers believe some of the institutions will continue to support him. McColl's group believe they are backed by the three institutions with the largest stakes, and their requisition notice had the backing of around 24% of the investors. It is understood they have more support and Mike Ashley, the third largest shareholder, could be a key figure.

 

Green's camp believe they have 51%. The posturing will continue until the EGM, which could take up to six weeks to arrange. Some of the politicking in the meantime could turn messy. The battle can be portrayed as being between those who are lifelong supporters and those who see the club as a vehicle for financial gain. Money is critical since Rangers will need fresh investment this season. The Sports Direct and Puma deals are weighted in favour of the suppliers, rather than the club, so increasing commercial revenues will only be possible at the end of those contracts.

 

Green has a track record of raising money, but it is unclear what agreements were struck with various investors. Cenkos, the former brokers, were also vital to relationships with some shareholders, and will play a role. They remain supportive of Malcolm Murray. McColl is one of Scotland's richest people, but he won't spend his own money. His group wants Paul Murray and Frank Blin appointed as directors, but they will also have to raise funds.

Supporters will take sides. Their best hope is that the long-term interests of the club are secured.

 

Which is when I think we will see the emergence of Dave King, who lets not forget could easily match, in one swoop, what we achieved in the flotation. DK will not want his money used to pay people off etc. He will want it to go to the Club as he has stated previously.

The "where is Dave King?" question won't be lost on the (excellent) author of the above article. After all it was Mr Wilson who did the exclusive interview with King only a few weeks ago, and Richard Wilson knows the 'players' on the Rangers boardroom struggle chessboard better than most.

Edited August 4, 2013 by Anchorman

[the gunslinger 3,366]

Which is when I think we will see the emergence of Dave King, who lets not forget could easily match, in one swoop, what we achieved in the flotation. DK will not want his money used to pay people off etc. He will want it to go to the Club as he has stated previously.

The "where is Dave King?" question won't be lost on the (excellent) author of the above article. After all it was Mr Wilson who did the exclusive interview with King only a few weeks ago, and Richard Wilson knows the 'players' on the Rangers boardroom struggle chessboard better than most.

 

perfect summary my good man.

 

king said green couldn't run rangers the way he wanted to. looks like he was right.