aweebluesoandso 290 Posted June 16, 2014 Share Posted June 16, 2014 The old adage of "the enemy of my enemy is my friend" doesn't apply here, they are all enemies of our club and should be treated accordingly. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 16, 2014 Share Posted June 16, 2014 Who does Wallace represent? Is he Laxey? We know that the Easdales are BPH etc. Is there a conflict behind the scenes between these 2 blocks? wallace is trying to do his job properly. hes not being allowed to do so but neither was mather. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted June 16, 2014 Share Posted June 16, 2014 Who does Wallace represent? Is he Laxey? We know that the Easdales are BPH etc. Is there a conflict behind the scenes between these 2 blocks? Probably nobody. He's in there to do a job, but still gets his direction from the rest of the board. 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,409 Posted June 16, 2014 Author Share Posted June 16, 2014 (edited) Plus ca change as Green fog continues to cloud dealings at Ibrox Perhaps Charles Green has decided he fancies an extension on his £335,000 French chateau and needs to milk Rangers for some more dough to pay for it. The blessed relief of a Green-free existence was broken yesterday when it was reported that the former Rangers chief executive and major shareholder, professional Yorkshireman, and loudmouth was seeking financial support to launch a new bid for control of the club. To recap, Green left Rangers (for the second time) last August and the last we heard of him was when he was boasting about his Normandy chateau, his 27-acre estate and his stable of 30 racehorses, indulgences paid for from the golden teat of Ibrox. Including salary, bonuses and benefits he took £933,000 out of Rangers in 13 months and made more than £2m more by buying penny shares and flogging them at vast profit. Green shamelessly said he should have been paid double what he was for the work he did for Rangers. He left Rangers, was somehow allowed back in as a consultant, then left again amid a swirl of allegations of racism having described his friend Imran Ahmad as "a Paki". When current chief executive Graham Wallace produced his 120-day review and revealed that nearly £70m in share issue money, season-ticket sales and commercial deals had been frittered away to just £3.5m left in the bank, most of that cash burn was on Green's watch. In the roll call of ****s who have exploited Rangers over the past three years Green was the most charismatic and perhaps the cleverest, but he was divisive, provocative, opportunistic and played the club like a fiddle. Rangers need Charles Green back in their story like they need a hole in the head. Of course, there are plenty who suspect he never really severed his ties and has remained influential in the background all along, a fact he denies. Two things can be said in his favour: he coughed up £5.5m to buy the club when others endlessly hummed and hawed, and he orchestrated a hugely successful share issue which raised £22.2m at the end of 2012. But the latter stands as a tribute to his ability to charm institutional investors, not as a tribute to what he did for Rangers. All that money was raised in Rangers' name and then bled out of the club to its ongoing detriment. The haemorrhage contributed to the lack of trust between the Rangers board and a sizeable percentage of supporters, which continues to this day. That is the main reason why Rangers have sold only half as many season tickets as usual. The figure of 17,000 sold perfectly captures where Rangers are: divided, weakened and troubled. The number is not high enough for the board to claim it has the endorsement of the bulk of supporters, yet for those who have orchestrated a campaign against the directors 17,000 is too high for them to claim success. Nowhere is the message clear or consistent. Last weekend Wallace told a supporters' convention in Toronto "we are in a good place now" and Rangers were in their "best position financially" since he arrived in November. A few days later the Rangers board met in London and it was leaked that the reduced season-ticket sales would result in a placement of millions of shares to existing stockholders to raise £8m to keep the club going. Ibrox remains a cradle of confusion, even without Charles Green. http://www.heraldscotland.com/sport/opinion/plus-ca-change-as-green-fog-continues-to-cloud-dealings-at-ibrox.24488879 Edited June 16, 2014 by ian1964 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted June 16, 2014 Share Posted June 16, 2014 wallace is trying to do his job properly. hes not being allowed to do so but neither was mather. A puppet he may be, but Wallace has lied/prevaricated on numerous occasions now. He is as much of a problem as any of the others. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted June 16, 2014 Share Posted June 16, 2014 ....he coughed up £5.5m to buy the club when others endlessly hummed and hawed.... Then promptly reclaimed it. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted June 16, 2014 Share Posted June 16, 2014 Who does Wallace represent? Is he Laxey? We know that the Easdales are BPH etc. Is there a conflict behind the scenes between these 2 blocks? He is supposed to represent all shareholders but can only do so if the interests of all shareholders were in alignment which in this case they patently aren't. Whilst there is undoubtedly conflict behind the scenes but I doubt there's any major schism in the controlling block that includes the Easdales, their proxies and Laxey. Thing is Wallace is probably a capable and decent enough guy but he knows who butters his bread and it ain't the fans, 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted June 16, 2014 Share Posted June 16, 2014 Con D Scend @apocryphal5 Protected Tweets 6m Questions being asked at BBC about yesterday's Green returning to Ibrox story. Bosses want to know who sanctioned this claptrap. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted June 16, 2014 Share Posted June 16, 2014 Con D Scend @apocryphal5 · 24s Here's a pointer for Beeb chiefs - ask Chris McLaughlin about his dodgy Rangers info and why he gets others to write it up. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted June 16, 2014 Share Posted June 16, 2014 Con D Scend @apocryphal5 · 23s Record's Jackson on holiday. Surprised Irvine allowed Keith time off from his job of talking up the brothers. 0 Quote Link to post Share on other sites More sharing options...
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