BEARGER 1,829 Posted November 4, 2013 Share Posted November 4, 2013 Daily Express saying AGM Wed 18th Dec It is understood Wednesday, December 18 has been fixed as the date for the long-awaited AGM. But fans want to know why there is such a delay, given that Rangers were preparing for an October 24 date. The Jim McColl-Paul Murray group had to go to the Court of Session to force a postponement to include the nomination of four new directors – Paul Murray, Malcolm Murray, Alex Wilson and Scott Murdoch. However, fans are angered that it has taken so long to fix a new date, with Rangers Supporters’ Assembly president Andy Kerr saying: “We’ve been saying for weeks that the meeting needs to be held as quickly as possible, but now it’s going to drag on again. “It’s certainly not helpful and the frustrating aspect is the club was preparing for an October 24 meeting, so why is it taking so long for the rearranged meeting to take place? “If a useful explanation was given, fans and shareholders might understand. But it now seems like prevarication. “All this will do is create more angst and uncertainty between now and the meeting.” Meanwhile, former Rangers chairman Malcolm Murray has warned the club’s mystery shareholders they could be blocked from voting at the AGM unless they reveal their backers. Fans have concerns over two shareholder groups – Blue Pitch Holdings and Margarita Holdings – and fear they may be a front for former chief executive Charles Green or even disgraced ex-owner Craig Whyte. Murray is adamant that, unless Blue Pitch and Margarita, who have around a 12 per cent stake in the club, reveal their backers, Rangers’ institutional shareholders could bar their votes. He said: “In terms of institutions, we do know who the major shareholders are. They are very shy, retiring people. They are Hargreave Hale, Artemis, Reverend Mercantile, Miton, Kames Capital and Laxey Partners. “But if you’re getting after who the mystery shareholders are, the original shareholders brought in by Charles Green, I was told, wealthy Arabs who were quite secretive about their identity. “I’ve met representatives many times over the last few months. They seemed quite reasonable until Charles Green left and then they became very aggressive, and supported the changes on the board which saw me and Phil Cartmell leave and the Easdales coming on. “We don’t know why they changed their mind. All we know is their nominee name, which is Blue Pitch/Margarita, and accounts for about 12 per cent of the holding. We’ve demanded to know who they are but we’ve not been told. “But the big stick we have is that if they won’t tell us, the institutions can demand to know who they are. And if they won’t tell us, those shares won’t get a vote. If there’s nothing to hide, why on earth won’t we be told?” Murray insists the Ibrox club has huge potential if the bitter boardroom power struggle can be ended. He said: “Rangers are gigantic. One of the reasons I was asked to be chairman by the institutions was I was Manchester United’s biggest shareholder. “When I bought a quarter of United, it was almost exactly the same size are Rangers are now. And it has turned out to be a giant global brand. “If you put Rangers and Celtic together, the globalisation is fantastic. We’re acting as a domestic brand. But these are genuinely global.” http://www.express.co.uk/sport/footb...ting-AGM-delay 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 5, 2013 Share Posted November 5, 2013 Better late than never. I expect the talk of voting right suspension spured them into action. Spivs out. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,151 Posted November 5, 2013 Share Posted November 5, 2013 It's going to be a long, long six weeks. 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted November 5, 2013 Share Posted November 5, 2013 Pointed out elsewhere that the possible new date is after the original lock-in date - could this be significant??? 0 Quote Link to post Share on other sites More sharing options...
The Real PapaBear 0 Posted November 5, 2013 Share Posted November 5, 2013 It's going to be a long, long six weeks. Yes, but on the bright side it could be a very Merry X-mas and a very happy new year. 0 Quote Link to post Share on other sites More sharing options...
JTP 0 Posted November 5, 2013 Share Posted November 5, 2013 Dear Santa, Forget the scalextric, remote control helictopter or the xbox I wrote to you about last week ........................ I'd now like the Easdales and Stockbridge OUT for Xmas please. Yours sincerely, The People 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,151 Posted November 5, 2013 Share Posted November 5, 2013 Yes, but on the bright side it could be a very Merry X-mas and a very happy new year. Possibly but it may not be as simple as that. For example, I don't doubt that Murray et al will be voted onto the board while Stockbridge may not. However, if that does happen that will only end up with another EGM requisition from BPH etc. This has a way to go yet. 0 Quote Link to post Share on other sites More sharing options...
JTP 0 Posted November 5, 2013 Share Posted November 5, 2013 This has a way to go yet. Scrooge 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 5, 2013 Share Posted November 5, 2013 Possibly but it may not be as simple as that. For example, I don't doubt that Murray et al will be voted onto the board while Stockbridge may not. However, if that does happen that will only end up with another EGM requisition from BPH etc. This has a way to go yet. given bph had such a low chance of success with their last egm request i doubt they will fair better last time. cenkos had them at about 12% of the votes with 44% against. 0 Quote Link to post Share on other sites More sharing options...
compo 6,141 Posted November 5, 2013 Share Posted November 5, 2013 I have a feeling it will be December the 27th . Then that will leave the new year holiday period for those who have won or lost to chart out their next moves . 0 Quote Link to post Share on other sites More sharing options...
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