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It's the people controlling the board that needs changing

 

You're right, although most of our boardroom incumbents are unfit for purpose. The Easdale brothers and the pantomime chairman David Somers are a complete embarrassment and have treated Rangers fans with utter contempt.

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Call an EGM and change the regime in 4 weeks. Get the ****s to resign and do it in 4 days. It's dead easy.

 

In theory, all fine and well. Those who have shares and the power to call an EGM - like they did before - don't act though. You'd have to ask why? Doesn't it look like they concur with what happens right now? One could argue that they don't have the power to change anything anyway, but would calls for a EGM not signal the discontent amongst those shareholders who have at least some power? Matter of fact, they could have done it all summer long.

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In theory, all fine and well. Those who have shares and the power to call an EGM - like they did before - don't act though. You'd have to ask why? Doesn't it look like they concur with what happens right now? One could argue that they don't have the power to change anything anyway, but would calls for a EGM not signal the discontent amongst those shareholders who have at least some power? Matter of fact, they could have done it all summer long.

 

if they don't do it we will just have to step up boycotts to force them.

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In theory, all fine and well. Those who have shares and the power to call an EGM - like they did before - don't act though. You'd have to ask why? Doesn't it look like they concur with what happens right now? One could argue that they don't have the power to change anything anyway, but would calls for a EGM not signal the discontent amongst those shareholders who have at least some power? Matter of fact, they could have done it all summer long.

 

AFAIK, a shareholder (or group of them acting together) can only requisition an EGM after 12 months have lapsed since their last one.

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if they don't do it we will just have to step up boycotts to force them.

 

Doing what? Solely repeating the mantra won't change anything, so again, how would you force them out of the company?

They already have the 23k ST money and their "emergency money" in the bag. They will most likely acquire loans from other sources if things go further awry. Boycotting Sports Direct will rather starve Ashley of money, it seems, not Rangers. So what sort of boycott do you look for?

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Doing what? Solely repeating the mantra won't change anything, so again, how would you force them out of the company?

They already have the 23k ST money and their "emergency money" in the bag. They will most likely acquire loans from other sources if things go further awry. Boycotting Sports Direct will rather starve Ashley of money, it seems, not Rangers. So what sort of boycott do you look for?

 

 

we can in the short term get crowds down another 5k or so.

 

we can also get season book holders asking for refunds and making it clear they won't renew. 20k didn't renew last summer. thats double the normal non renewers. actually its 3 times if you go back before green. if we can add another 50% in the summer we can really crank up the pressure.

 

picket lines are the next obvious step.

 

remember we got to where we are now without ever mentioning a boycott.

 

shareholders will be left with a stark choice. plumeting value of shares all the way to zero or give the fans what they demand and deserve.

 

this could all be ended before we play hibs and we could be back at 45-50k crowds.

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The Rangers Fans Fighting Fund – which controls just over £500,000 of supporters’ donations – has decided to withhold any payments to the club because of what it considers to be inadequate responses to questions about the future.

The fund was launched in 2012 by former Rangers manager Walter Smith and the late Ibrox favourite Sandy Jardine and in its initial stages paid off football debts incurred by the Craig Whyte regime to clubs such as Dunfermline and Falkirk.

The balance remained in an account administered by the RFFF but in May this year the administrators attempted to initiate a dialogue with the Rangers chief executive, Graham Wallace, about possible uses of the money for the benefit of the club.

A statement issued by the RFFF on Wednesday night read: “Mindful of its obligations to the Rangers Family and the money we hold in trust, the RFFF has sought information from the board of Rangers International Football Club plc to enable us to make decisions regarding the future of the RFFF and the disbursement of funds.

“We had a meeting on May 5 this year with Graham Wallace, chief executive of the club. Unfortunately, as he was not accompanied by another member of the board he felt unable to make any statement on areas of policy which we could communicate to supporters.

 

“Since then we have attempted to engage in dialogue but this has run its course and no further meetings have taken place or have been scheduled. With the passage of time our chairman, Andrew McCormick, wrote to Mr Wallace on Aug 28 and received a reply on Sept 2.

“Having considered the content of Mr Wallace’s reply at our most recent meeting the RFFF has decided to retain the funds donated to our safekeeping until we are satisfied that the club is financially stable.”

The questions posed to Wallace by the RFFF included a request for clarification from him about the nature of onerous contracts mentioned in his 120-day review of the club’s operation, itemisation of the steps taken to maintain and update Ibrox, the appointment of a director of football and the possibility of naming rights for Murray Park being sold.

In his reply of Sept 2, Wallace wrote: “You are aware that we are in the midst of an equity raising process so I suggest that it would make sense for this to complete before we schedule a meeting as per your note below.

“Some of the questions of course are no longer relevant given the nature of the offer, others may be difficult to answer to the level desired due to confidentiality. Let’s pick up again after the equity process completes.”

The equity offer mentioned by the chief executive concluded last Friday with a take-up of £3.1 million - a shortfall of £800,000 on the original target.

At Tuesday night’s second round Scottish League Cup tie at home to Inverness, there were fan demonstrations against the plc directors and continued demands for the departure of the football board chairman, Sandy Easdale.

 

 

http://www.telegraph.co.uk/sport/football/teams/rangers/11103118/Rangers-Fans-Fighting-Fund-withholds-funds-over-concerns-for-clubs-future.html

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