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McMurdo's latest, not one positive thing to say about the 3 Bears!


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They're worried, make no mistake about it, not one single positive thing in Merlin's latest propaganda, which fills me with yet more confidence for our future -

 

 

Transparency Required

 

January 1, 2015 / billmcmurdo

 

 

The remarks of Colin Kingsnorth upon Laxey’s sale of their shareholding in RIFC do not bode well for the future of the club.

 

Kingsnorth seems to have a personal issue with Mike Ashley and hopes that the group he sold to will ramp up the opposition to Ashley in their new position as shareholders.

 

With these intemperate comments, Kingsnorth has thrown petrol on an already ravaging fire and possibly kicked off a whole new era of turmoil at the club.

 

Ashley’s position as Rangers’ major creditor, coupled with his having Derek Llambias in place, means that he still wields considerable power in the Ibrox boardroom, despite having a lesser shareholding than the Three Amigos.

 

The problem for Rangers fans is what happens if the incoming group decides to go to war with the other factions for control of the club. This would make the boardroom battles of recent times look like an infant spat. If Ashley decides to fight for control of Rangers then things could get very nasty indeed.

 

The Amigos as predicted took advantage of the plummeting price of Rangers’ shares to secure their stake. This has left a bitter taste in the mouth of many Rangers supporters considering it is the actions of those activist groups like the UoF and SoS who support Amigoco that have driven the share price down.

 

It also doesn’t help that Taylor, Letham and Park have bought shares from an existing shareholder and that the monies do not go directly toward the club at a time when RFC is screaming for income. Let’s be fair – if people like Mike Ashley can be criticised for buying shares this way, so can the Amigos. Good for the goose, good for the gander and all that.

 

There are also many fans who question the concept of chasing away a billionaire for people whose combined net worth comes nowhere close to his.

 

The possibility that further bitter infighting could rip Rangers apart cannot be discounted. Imagine, for example, if Mike Ashley chose to take on the pointless rules of the SFA regarding his own shareholding with the Three Amigos supporting the SFA and conspiring against Ashley. An unthinkable prospect as there isn’t a Rangers fan alive who thinks that the SFA will act in Rangers’ best interests.

 

Questions must be asked of the new shareholders – again, in the interests of parity with Ashley.

 

Some of mine would be:-

 

What are their plans – if they have any – to help raise revenues in the future? Short, mid and longer term would be great.

 

What are their intentions in respect of control of the club? Do they intend to oust other factions and wrest control?

 

What are their plans for the management, coaching and playing side of the club?

 

How do they intend to take on the club’s many detractors in the media and elsewhere?

 

These are broad stroke questions but more pointed ones would be how would they propose to deal with the present gardening leave situation of the manager and who specifically do they want on the board? It would also help if we could get a definite answer on whether or not George Letham is on the RST board.

 

All in the interests of transparency, of course.

 

The new shareholders will surely be willing to have exacted upon them the same demands for transparency and openness they expected of others.

 

Mile Ashley’s seeming reticence to share his own plans has not served him well and only breeds suspicion. The Three Amigos would do well to heed this because they can definitely expect to be grilled repeatedly should they fail to be transparent in their own dealings.

 

After all, we have been taught to expect much better from real Rangers men…

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"Questions must be asked of the new shareholders – again, in the interests of parity with Ashley.

 

Some of mine would be:-

 

What are their plans – if they have any – to help raise revenues in the future? Short, mid and longer term would be great.

 

What are their intentions in respect of control of the club? Do they intend to oust other factions and wrest control?

 

What are their plans for the management, coaching and playing side of the club?

 

How do they intend to take on the club’s many detractors in the media and elsewhere?"

 

How come he never wants these questions answered by the charlatans he works for?

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