the gunslinger 3,366 Posted November 19, 2014 Share Posted November 19, 2014 It sure does. They better be fast with that agm. 0 Quote Link to post Share on other sites More sharing options...
Siam69 0 Posted November 19, 2014 Share Posted November 19, 2014 Can't agree with King, here. Just a 'don't give them any more money' call, nothing else? Unfortunately his latest 'stuff' is starting to make the Board look competent in comparison ffs. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,239 Posted November 20, 2014 Share Posted November 20, 2014 We know he has. He's the cause of 2 directors being paid off and he has only loaned us money. We have spent 70 million in 2 years 14 of that on players wages. If the 20k who didn't renew have stemmed the flood of money out then we better get that up to 30k asap. Not a reply to my question, so how about: explain to me how not going to Ibrox will remove these people, preferrably without sending the club into oblivion, if not extinction? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 20, 2014 Share Posted November 20, 2014 Not a reply to my question, so how about: explain to me how not going to Ibrox will remove these people, preferrably without sending the club into oblivion, if not extinction? it will destroy the share price and the shareholders will be forced to act. it's esentially like dealing with children or dogs. you cannot afford to reward bad behavior but must reward and encourage good habits. only the shareholders can remove the ****s. so far they have already had to prop us up with loans and investment. they can continue to do that or they can start acting in rangers best interest and regain the fans and we can drive the club forwards. 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted November 20, 2014 Share Posted November 20, 2014 only the shareholders can remove the ****s. There-in lies the problem..... The Shareholders appear to be backing the board 100%, regardless of what they do. The share price has already dropped significantly since the majority of shareholders paid-up, yet no action. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,239 Posted November 20, 2014 Share Posted November 20, 2014 There-in lies the problem..... The Shareholders appear to be backing the board 100%, regardless of what they do. The share price has already dropped significantly since the majority of shareholders paid-up, yet no action. Indeed. From 70odd pence to what, 25 pence? Yet, even those you would expect to go ballistic (Laxey) haven't done much bar buying new shares. If the club agrees to more loans from Ashley, secured against MP and other assets, any boycott may see Ashley becoming as big an influence on everything Rangers as he is at Newcastle. I for one cannot see how that is deemed to be a good thing. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 20, 2014 Share Posted November 20, 2014 There-in lies the problem..... The Shareholders appear to be backing the board 100%, regardless of what they do. The share price has already dropped significantly since the majority of shareholders paid-up, yet no action. can't last for ever though. the board need to get the fans back on board it's our only way forward long term. 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted November 20, 2014 Share Posted November 20, 2014 Indeed. From 70odd pence to what, 25 pence? Yet, even those you would expect to go ballistic (Laxey) haven't done much bar buying new shares. If the club agrees to more loans from Ashley, secured against MP and other assets, any boycott may see Ashley becoming as big an influence on everything Rangers as he is at Newcastle. I for one cannot see how that is deemed to be a good thing. I notice in Brian Kennedy's statement he says the board "were unable" to include MP as a security. It might already have gone 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted November 20, 2014 Share Posted November 20, 2014 can't last for ever though. the board need to get the fans back on board it's our only way forward long term. it's a bit of a vicious circle..... The more the fans starve the club of cash, the more the board will seek funding else where, running up debt and securing off all the assets. The more this happens, the more the fans with-hold their cash. Eventually, everything will implode & the fans have to rely on someone coming to the rescue. What if that "White/Blue knight" ain't who the fans expect or want. What if it's another Whyte/Green type??? It is not an easy situation and a way forward is not simple. The best way forward is for those who can, to increase their shareholding - reduce the power/influence of the current shareholders. Unfortunately, this completely rules out DK, who refuses to buy shares. The value of the shares & the club as a whole is poor. The value should have increased as the team rose through the leagues - that hasn't happened. In any normal business, the shareholders would have stepped in - why not in the case of RFC. Why are the shareholders content to see their investment fail??? Answer that question, and a way forward should then be possible. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 20, 2014 Share Posted November 20, 2014 it's a bit of a vicious circle..... The more the fans starve the club of cash, the more the board will seek funding else where, running up debt and securing off all the assets. The more this happens, the more the fans with-hold their cash. Eventually, everything will implode & the fans have to rely on someone coming to the rescue. What if that "White/Blue knight" ain't who the fans expect or want. What if it's another Whyte/Green type??? It is not an easy situation and a way forward is not simple. The best way forward is for those who can, to increase their shareholding - reduce the power/influence of the current shareholders. Unfortunately, this completely rules out DK, who refuses to buy shares. The value of the shares & the club as a whole is poor. The value should have increased as the team rose through the leagues - that hasn't happened. In any normal business, the shareholders would have stepped in - why not in the case of RFC. Why are the shareholders content to see their investment fail??? Answer that question, and a way forward should then be possible. then we don't fund them. they will learn eventually. a green type would never raise cash again like green did. 0 Quote Link to post Share on other sites More sharing options...
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