RANGERRAB 3,254 Posted July 20, 2014 Share Posted July 20, 2014 Well Easdale, Somers and Crighton were there when Wallace was handed his onerous contract. Easdale, Somers, Crighton and Wallace were there when Laxey were handed their (since superceded) onerous contract. Is Wallace's contract that much different from Bain's ? At least Wallace seems qualified. Bain wasn't. I think for a Club like Rangers his contract is what we'd need to pay for the right calibre of person. Whether Wallace is the right calibre of person or is doing a good job is another debate entirely 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,254 Posted July 20, 2014 Share Posted July 20, 2014 Reluctance to buy shares that make ****s rich....... We've had this debate before.Unless you're prepared to buy shares then you can say all you want but nothing will change. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 20, 2014 Share Posted July 20, 2014 Thousands of customers protesting will soon change things. If not tens of thousands will. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted July 20, 2014 Share Posted July 20, 2014 Is Wallace's contract that much different from Bain's ? At least Wallace seems qualified. Bain wasn't.I think for a Club like Rangers his contract is what we'd need to pay for the right calibre of person. Whether Wallace is the right calibre of person or is doing a good job is another debate entirely You think a business turning over circa £19m should fork out the fat end of £1m for a CEO with no previous experience and came from the dole queue? We were turning over £60m + when Bain was CEO. 0 Quote Link to post Share on other sites More sharing options...
Dragonfly Trumpeter 50 Posted July 20, 2014 Share Posted July 20, 2014 Is Wallace's contract that much different from Bain's ? At least Wallace seems qualified. Bain wasn't.I think for a Club like Rangers his contract is what we'd need to pay for the right calibre of person. Whether Wallace is the right calibre of person or is doing a good job is another debate entirely For the size of company & turnover, he is ridiculously over paid. But we all know that. He is working for approx 3 times the going rate with a, ahem, discretionary 100% bonus for a reason. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,234 Posted July 20, 2014 Share Posted July 20, 2014 Thousands of customers protesting will soon change things. If not tens of thousands will. How will you mobilize tens of thousands when the board gives them no further reason to protest? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 20, 2014 Share Posted July 20, 2014 How will you mobilize tens of thousands when the board gives them no further reason to protest? Will they undo the current reasons as well? 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,254 Posted July 21, 2014 Share Posted July 21, 2014 You think a business turning over circa £19m should fork out the fat end of £1m for a CEO with no previous experience and came from the dole queue? We were turning over £60m + when Bain was CEO. Wallace has been recruited for when we return to the top division and get back into Europe. As I've said to you many times before he should be judged on how well he does his job(or not as the case may be). If he does it well then I've no objection to his remuneration package 0 Quote Link to post Share on other sites More sharing options...
buster. 4,808 Posted July 21, 2014 Share Posted July 21, 2014 Wallace has been recruited for when we return to the top division and get back into Europe.As I've said to you many times before he should be judged on how well he does his job(or not as the case may be). If he does it well then I've no objection to his remuneration package Bunkum & Balderdash A business has to set a budget and live within it's means at all levels. In the case of Rangers, we all know about the financial difficulties, the onerous contracts, the cashflow problems etc. The very first thing that GW did back on the 20th of November 2013 was sign what in essence is a short-term onerous contract that didn't correpond favourably to the finances of the business. Your line about being judged on how well he does should in a sensible prudent world, be reflected in his contract with a need to see tangible results before renumeration reached the dizzy heights they are. Without that or specific triggers for the the main bonus clause what we have seen is empty corporate speak attempting to mask Corporate Goverence (CG) that is more a Charles Green/Daniel Stewart sponsered circus show. Unemployed and never before an CEO, who would climb into the same bed with such a show, give them supposed credibility, have the occasional spat...........only IF he were to get sackfuls of cash for his trouble. A man who came to sort out the problems only if he could continue the 'bonus culture', for having to continue the bullshit culture in the most corporate of language. After recent history, your approach to this is like continuous burning of twenty pound notes. You better be careful or you'll be getting an approach to be on the board for any new fans membership scheme. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,146 Posted July 21, 2014 Share Posted July 21, 2014 Problem with using Malcolm Murray as a mouthpiece is the fact he's invariably said something daft when working at the club previously. It may be unfair but he's just not credible. 0 Quote Link to post Share on other sites More sharing options...
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