Bluedell 5,329 Posted September 24, 2013 Share Posted September 24, 2013 (edited) McColl on the hand is contractually tied until 2015 I think it is and therefore he is unable to facilitate the buy out of the current board even if he wants to. A quick look around many of the Rangers forums suggest he has failed to communicate that fact effectively. It is this bit that is news to me, D'A. Where does this information come from? Why is he contractually tied? Edited September 24, 2013 by Bluedell 0 Quote Link to post Share on other sites More sharing options...
plgsarmy 111 Posted September 24, 2013 Share Posted September 24, 2013 It is this bit that is nes to me, D'A. Where does this information come from? Why is he contractually tied? VBs tweeted it after the RFFF met with Craig Mather. Apparently it came from him. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 24, 2013 Share Posted September 24, 2013 It is this bit that is news to me, D'A. Where does this information come from? Why is he contractually tied? I think mccoll has confirmed it. Iys part of the deal he has with investors in his hedge fund 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted September 24, 2013 Share Posted September 24, 2013 I think mccoll has confirmed it. Iys part of the deal he has with investors in his hedge fund But what is to stop him investing cash that is not involved in his hedge-fund? Don't really understand why it ould be so prohibitive and why he would have agreed to it in the first place anyway. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 24, 2013 Share Posted September 24, 2013 But what is to stop him investing cash that is not involved in his hedge-fund? Don't really understand why it ould be so prohibitive and why he would have agreed to it in the first place anyway. i think people are putting two and two together. he cant be involved in running us and he has said he isn't going to buy out the spivs. as you say how can any investor possibly control how he spends his money. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 24, 2013 Share Posted September 24, 2013 Mr McColl said he was not planning to increase his current shareholding or to be appointed to the board himself. He said: "Let me make it very clear, I am not seeking to join the board or to increase my shareholding in the club. I am a small shareholder like many of the club's fans and have no intention of increasing my position in the short to medium term. "I am 100% focused on my own businesses and the strategy which I have agreed with the investors in my funds. I am duty bound to honour that agreement. "This is not because I don't believe investing in Rangers would be a good investment, it is because of the commitment I have made to my own businesses and to my partners. "On the contrary, I believe that with a strong reconstructed, effective and highly competent board to restore financial transparency, stability and success to the club, it is a very attractive investment opportunity." 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 24, 2013 Share Posted September 24, 2013 i am not sure how he could have been any clearer d'art. 0 Quote Link to post Share on other sites More sharing options...
D'Artagnan 173 Posted September 24, 2013 Share Posted September 24, 2013 i am not sure how he could have been any clearer d'art. Well you can see from even on here gs the confusion regarding this position - that is only magnified in the wider support bud. I was also told Walter has done an about turn on his opinion of Maher - if thats the case he should be going public with it as a lot of bears are still placing their trust in Maher in light of Walter's endorsement. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 24, 2013 Share Posted September 24, 2013 walter may speak out when an agm is finally announced. though maybe not. until he does i see no reason to think he has changed his mind. but walter also told us in no uncertain terms to back mccoll. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 24, 2013 Share Posted September 24, 2013 i agree there is confusion. i just don't see how it is mccolls fault. he has been pretty clear. 0 Quote Link to post Share on other sites More sharing options...
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