chilledbear 16 Posted May 15, 2015 Share Posted May 15, 2015 "Members of the RST board met with John Gilligan last night to discuss the role of fan groups going forward, future opportunities for investment in the club and a general update on the situation at Rangers. We had a productive meeting and were reassured that the Rangers board are making steady progress towards their objectives of financial security and on field progress. Main points to emerge from the meeting are as follows: 1) The role of fan groups and fan representation remains at the forefront of the board's agenda and will be progressed over the coming weeks and months. A more robust, democratic and meaningful way for fans to engage with the club should emerge from this process - hopefully including a consolidation of existing and legacy groups. 2) Progress on finance and investment has been slowed as the board wait to appoint Dave King. An investment plan will be available prior to the sale of season tickets. 3) Dealing with legacy issues from the old regime has taken up a great deal of time and remains ongoing. Some legalities around these issues have prevented the board from updating fans as regularly as they would have wished but they remain committed to giving fans as much information as they can. They would ask for patience in the meantime and that fans trust that they are doing what is best for the club - something which has not often been the case in the past few years. 4) There will be an opportunity for fans and fan groups to invest in the club in the future and to play an active role in restoring our club to its pre-eminent position in Scottish football. We thank John for his time and remain enthused at the club's prospects under the new board. We will continue to engage with them regularly and update our members accordingly." - See more at: http://www.therst.co.uk/news/rst-meet-with-john-gilligan-2/#sthash.4UHoSMif.dpuf 0 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted May 15, 2015 Share Posted May 15, 2015 "Members of the RST board met with John Gilligan last night to discuss the role of fan groups going forward, future opportunities for investment in the club and a general update on the situation at Rangers. We had a productive meeting and were reassured that the Rangers board are making steady progress towards their objectives of financial security and on field progress. Main points to emerge from the meeting are as follows: 1) The role of fan groups and fan representation remains at the forefront of the board's agenda and will be progressed over the coming weeks and months. A more robust, democratic and meaningful way for fans to engage with the club should emerge from this process - hopefully including a consolidation of existing and legacy groups. 2) Progress on finance and investment has been slowed as the board wait to appoint Dave King. An investment plan will be available prior to the sale of season tickets. 3) Dealing with legacy issues from the old regime has taken up a great deal of time and remains ongoing. Some legalities around these issues have prevented the board from updating fans as regularly as they would have wished but they remain committed to giving fans as much information as they can. They would ask for patience in the meantime and that fans trust that they are doing what is best for the club - something which has not often been the case in the past few years. 4) There will be an opportunity for fans and fan groups to invest in the club in the future and to play an active role in restoring our club to its pre-eminent position in Scottish football. We thank John for his time and remain enthused at the club's prospects under the new board. We will continue to engage with them regularly and update our members accordingly." Share with your network - See more at: http://www.therst.co.uk/news/rst-meet-with-john-gilligan-2/#sthash.9Edo1V2Q.dpuf 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted May 15, 2015 Share Posted May 15, 2015 Nothing especially enlightening 0 Quote Link to post Share on other sites More sharing options...
trublusince1982 243 Posted May 15, 2015 Share Posted May 15, 2015 an investment plan that better be legally binding. Said it before and will say it again "words mean nothing" investment must be in before st sales if they want to maximize sales, not a plan or promise. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted May 15, 2015 Share Posted May 15, 2015 an investment plan that better be legally binding. Said it before and will say it again "words mean nothing" investment must be in before st sales if they want to maximize sales, not a plan or promise. I'm not sure if you're being completely realistic trublu. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted May 15, 2015 Share Posted May 15, 2015 2) Progress on finance and investment has been slowed as the board wait to appoint Dave King. Why? Is King's investment reliant on his appointment? I'd have thought it should be irrelevant. 0 Quote Link to post Share on other sites More sharing options...
aweebluesoandso 290 Posted May 15, 2015 Share Posted May 15, 2015 Obviously the board cannot put to much meat on the bones atm Loose lips sink ships and all that. But what was said indicates us the support are going to have more of a say in the running of the club, but also it looks like we will have to carry more of the financial burden, if we want a successful team. I have said i would rather pay say £10 per month in a RTID membership scheme than buy more shares. However if the RTID membership scheme brings in say £2-£3mil a season, that should cement the supporters in as part owners. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted May 15, 2015 Share Posted May 15, 2015 Why? Is King's investment reliant on his appointment? I'd have thought it should be irrelevant. Of course it SHOULD be irrelevant BUT, clearly it is not. It would appear that both the investment per se and the amount thereof, if any, depends on him passing the fit and proper test and thus taking up the position of Chairman of the Board. Perhaps GS could say if Mr King mentioned that as a pre-condition at any point prior to buying shares in the Club? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 15, 2015 Share Posted May 15, 2015 He didn't want to buy shares but was forced to. So no. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted May 15, 2015 Author Share Posted May 15, 2015 Why? Is King's investment reliant on his appointment? I'd have thought it should be irrelevant. I would have thought the question was asked. 0 Quote Link to post Share on other sites More sharing options...
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