andy steel
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Everything posted by andy steel
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You could be right; but surely investors want the maximum return? I'm not sure how putting out a third division standard side whiles we are in the third league would boost the share price. Granted there are a lot of imponderables but I'd wager a 3rd class side = season/matchday ticket decrease = diminished revenue = poorer annual figures = lower share value than could otherwise be achieved. But what do I know? I'm sitting looking at a job advert driving a Rentokil van about, emptying 'female hygiene products' for the princely sum of £14,000 a year. I dare say Wallace is earning more than that, although which of us is the bigger fanny remains debatable.
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This is all fair enough, except that people are not chastising Wallace for attempting to trim our financial sails. They are criticising him for making, as his first move in such trimming, a gambit which (a) was very unlikely to be successful (b) destabilises and demoralises the playing staff © depletes already rock bottom morale amongst fans not long before ST renewal time (d) ignores the vastly higher costs which require cutting elsewhere (e) creates, as you say, a media storm (f) makes him look a little bit like someone groping around for an answer rather than someone with a coherent plan (g) is unlikely to encourage investment into the club and (h) is just crass, crass, crass!!!! Yes, cut costs. Yes, look at player wages. But for fuck's sake, don't make your opening move the one which does the most possible damage to Rangers without gaining one iota of benefit! Where do we get these executives who haven't a fucking clue how the real world operates? AAAAAARGGHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!
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Vote of thanks to Brahim for keeping the ignorant amongst us, like me, vaguely in the loop on all this stuff.
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There's a fine line to be drawn between the club operating at a sustainable level, which we all want, and the club fielding a team of plumbers, which is what everyone else wanted to see. I would hope we will never given them that satisfaction, but we could certainly have been cannier with negotiations two years ago. Db, I sincerely hope you are right. But when a business 'suggests' that its employees 'might like' to take a 15% pay cut, whether it is a solid offer or just a mere suggestion it screams this business is in big trouble from the rooftops. If there was no immediate issue, the club could implement a cost cutting plan over 18-24 months; but it can't, the need is urgent, and far from being a media invention this is the first step in yet another downturn. Reflecting the standards and confusion within Ibrox, this sentence doesn't even make sense. But then, when a national newspaper prints 'reeked' when they mean 'wreaked', why expect any sort of standard anywhere else?
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Good points, and once again I'm left wondering why we have chosen the option which does the most damage for the least amount of gain. <paranoid loyal>
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With all the comings and goings, I can't remember who owns how much. Does 3% put these parasites in any sort of position to enforce such nightmares as sale/leaseback of assets?
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At least we got to enjoy Christmas.
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The spiral of self harm continues. It's a total no win situation. King, eg, could wade in and buy up lots of cheap shares, at which point the price rises, and the Board of Uselessness tell him he needs to stump up several millions or else it's admin2 and his newly bought shares become worthless, again. Or potential investors stand well back, wary of being burned by the Moronosphere Collective, the share price plummets and it's admin2 because no-one will cover the costs. I suppose, if we do go into administration again, it seems absolutely clear that 100% competent and independent administrators would have to be appointed. Perhaps that's the only way out of this nightmare, although it would be only the beginning of the horror for employees of the club. And as much as Ian Durrant is a club hero, should have been a legend, that's a horrific salary to be taking out the club (a) if it's true and (b) given the absolute rubbish we've been treated to since he's been a coach.
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Wow. I was just going to write 'cracking post, Cal' when I scrolled past SC's response. Just goes to show you, I suppose. I thought it was superb.
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At the risk of pedantry, Archie toasted his viewers and wished them a guid New Year. Although I'm sure he'd have been happy to include a toast to Her Maj, he didn't. Probably an early example of BBC Scotland's institutional anti-Rangers bias.
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Rumour last week was McGill's were being bought out by a London transport firm..turned out to be lies planted by - we know not who. I won't be believing anything without proof.
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That may be so...how he goes about 'delivering' is what worries me.
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What should have happened:
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Regan- Rangers meltdown hasn't finished Scottish football
andy steel replied to ian1964's topic in Rangers Chat
I think Stewart should adopt a 'least said, soonest mended' approach to questions about Rangers. Enemies are convinced he helped us (how is anyone's guess) while we are equally convinced he tried to kill us. In such a position, keeping your yap shut is the best policy. -
What, the guy off BT Sports?
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To be fair to Lamont, he's shown over the last few months that (a) he has good contacts within Rangers and (b) he's not part of the cabal at Pacific Quay. I think we can take his stuff as being on the money, at least for the moment.
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No, I suppose you're right. But by heck, we seem to have attracted a quite phenomenally low calibre of executive over the last while - actually, over the last few decades, now I think about it.
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Even at that price, it would be money thrown away, given the incumbents. I realise a football club is not a money making exercise but this lot have been beyond parody. No investor in their right mind would buy shares in Rangers, not even at that price, as long as the people making the decisions remain the current lot. Which makes me all the more suspicious of why Laxey, BPH et al continued to back them at the AGM. They must have known it would make their investment shakier, not stronger; how could anyone review the previous 12-24 months and say, yep. I think we'll start to see an increase in share price and a decent return for us if we stick with the board? Once again, I'm stuck at any explanation other than Timothy's fell hand operating behind the scenes to cause maximum damage for maximum time. As Conan Doyle has Holmes say, one you have eliminated all other possibilities, what remains, no matter how implausible, must be the truth. My lunacy is not yet beyond the point where I cannot see how mad that sounds, but jeez...someone give me a sane alternative as to why the people controlling the club are apparently acting to drive it into the ground?
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I stole that final line from Darther and sent in in to Radio Scotland, where it was read out in response to Commissar Spence's latest report from the Revolutionary Movement in Kilmarnock. Whoever wrote this has nicked it from us all! My sympathy for Hearts is limited because, had they accepted the inevitable, gone into admin last season and been relegated, they may well have found their young players developing far better in L1 than in the top division. To an extent they invited this experience upon themselves in order to, well, I really don't know what their rationale for staying the top league was. Money? Hubris? I don't know. Still, that said, I'm certainly not reveling in their misfortune. I don't care much either way, to be honest. But let's not get too carried away with this 'sending kids over the top' routine - Januzai has been turning it on for Man United, a slightly more pressurised environment, all season and he's still 17. Sterling at Liverpool, Gnabre at Arsenal and so on. Granted they can be rested, but if kids can survive in one of Europe's strongest leagues, I think they'll manage to stagger through a season in what is, bluntly, a complete backwater.
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There you go, plenty of names available. I'd have no problem with Ally as a figurehead manager, like Symon, if there was a strong enough coaching team underneath him putting out a decent team every Saturday. Given what he's done for the club I think it's the least he deserves. But you can't look at the quality of football we are playing and see much of a future without some kind of change.
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If they are happy to keep Ally, then for God's sake get some coaches in to work under him and improve the standard of play. Owen Coyle is free atm, I think.
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I don't disagree, but if we had saved money on the wage bill over the last few years history suggests it would have simply walked out the door. Yes, ideally we'd be preparing for the future but in reality either Charles, Imran, Mather or someone else would have trousered any cash available.
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When is the penny finally going to drop with you that posters on this forum give their views and, if you disagree, you say why? This kind of 'RangersMedia insult post' is nothing but a waste of bandwidth.
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Wow. That's terrible news. Really sorry to hear that.
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The only way out of this nightmare is for us to individually buy as many shares as we can while they're dirt cheap, then sell them at cost to a group or individual in the future who ticks all the boxes. This avoids all those daft financial rules about parties. Plus, in this view, if you didn't like the white knight, you wouldn't have to sell. 27p, that's £27 for 100 shares, I think? Hmmm. Might be a long term project.
