Jump to content

 

 

Recommended Posts

Surely not mate. That would be brazen as hell. I can't see it.

 

If it was in his contract that he got one for winning SPFL2, it's not a big jump in anyone's imagination to think that it might be in his contract if we win SPFL1, the Championship or Premiership.

 

Perhaps that was a question that should have been asked at the AGM?

 

Under the Companies Act his contract should be available to shareholders as he is a director; so it shouldn't be difficult to check.

 

Maybe that's why he didn't mind giving up last year's bonus?

Link to post
Share on other sites

Rumour Richard Buxton of Old Mutual is behind the buy for close brothers.

 

Rumour last week was McGill's were being bought out by a London transport firm..turned out to be lies planted by - we know not who. I won't be believing anything without proof.

Link to post
Share on other sites

The vultures are indeed circling dB. As for Laxey, they probably already have a man on the board in the form of Crighton.

As for the influence these people have over Wallace, he's our 3rd CEO inside a year who will have a single vote on the board. If anything, the two previous CEOs (Green & Mather) had more influence than Wallace, but both had to bite the bullet and get out of Dodge. I hope I'm wrong, but I don't have particularly high hopes for Wallace because he seems like a great tuna lost in shark infested waters.

 

 

When Whyte was allowed to appoint his administrators we were doomed to this horror scenario, familiar from other clubs at the mercy of circling vultures. They share out the carcass amongst themselves, each gorging in turn and then lease back the carcass for guaranteed dinners for evermore.

Link to post
Share on other sites

Honestly, I was expecting that some vultures would come in once all this stockmarket stuff started. All these strange funds and trusts and companies with names that look more like a bad movie. While Laxey et al voted for Wallace and Somers, I wonder how major "minor" shareholders like Laxey or now Damille can actually influence the board in any way though. They are not "owners" like David Murray was, I would assume. Wallace ain't their lapdog. Neither can they make him/us sell Lee Wallace or lease/loan Ibrox. Wouldn't either actually decrease our market worth for other investors?

 

To me this looks like people knowing about King's interest , buying shares on the cheap and waiting for King to make his move at say 30+p. What I do not get is that King is out there in the shadowy fringes, giving the board and the club flak for doing what they are every now and then, but does not what is needed to do. Those 600k or something required to purchase those 2.3m shares would not even put a dent into his purse. But he's oh so "clever and acute a business-man" that he does not come in just now. Or last September, or June, or March ... when his accounts were defrozen.

 

By the looks of it, I should start teaching a Brunei prince some German, convince him to invest in my club and have him take Rangers over. That will probably happen sooner than King investing his cash ...

 

Now back to the real world.

 

'Back in the real world' the only man that I can ever remember (you could argue Joe Louis but he got shares for his) actually putting a huge chunk of his own cash into the Club for no return was Mr King. To the tune of 20 million pounds. He is the only one so far over all the years who really delivered. I will never slag him off because that fact will never go away.

I also don't blame him for being very hesitant about lining some chancer's pockets.

Link to post
Share on other sites

People should hold fire on King. When we are promoted to the Premiership we will need a cash injection. Wouldn't it be a shame if King had already shot his load on buying up a load of shares (if someone would sell them to him)?

 

I don't expect him to come with any dosh till the next share issue - whenever that is. If he passes on that, then maybe it's time to give him criticism for tarting about.

Link to post
Share on other sites

Could you expand on that?

 

If it's a wind up then of course it's irrelevant but if he had been a buyer for any of his Old Mutual Funds or advising someone else to buy then it would have been an indication of city confidence in Rangers shares at the current price.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.