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Everything posted by BEARGER
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Thanks. But the description does not come up on my iPad, although I thought it did weeks ago. Anyway I know now.
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Daft question, what do the “thumbs up”, “Pint” and “smiley” stand for?
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13-14% of PFA income goes on his salary, seems a tad over the top.
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https://amp.theguardian.com/football/2018/feb/12/pfa-gordon-taylor-pressure-scandalous-salary?CMP=share_btn_tw&__twitter_impression=true PFA’s Gordon Taylor faces pressure over ‘scandalous’ £2.2m salary • Head of PFA received basic wage of £1.2m • Simon Jordan: ‘It’s wrong on so many levels’ Gordon Taylor has been in charge of the PFA since 1981. Photograph: Ben Cawthra/Rex/Shutterstock Martha Kelner Mon 12 Feb 2018 20.15 GMTLast modified on Mon 12 Feb 2018 21.13 GMT Gordon Taylor is under pressure to offer a justification for his £2.2m salary as chief executive of the Professional Footballers’ Association, which last year included a £777,000 bonus. The publication of the PFA accounts shows in 2016-17 Taylor received a basic wage of £1.2m, his bonus and £271,300 in employers’ National Insurance contributions. This is equivalent to around £6,027 a day or £42,308 a week, giving Taylor parity with many of the highest paid Premier League players he represents. Revelations about the 73-year-old’s remuneration package have angered many within the game. It can be contrasted with the £100,000 the PFA has contributed towards concussion and head injury research in more than five years, a matter which has dominated the lives of former footballers with Alzheimer’s and dementia. Gordon Taylor’s £2.2m pay rise: how PFA chief executive’s salary soared Taylor’s salary has gone up £1.3m from the previous year and he also gets a £41,250 car allowance, private medical cover worth almost £9,000 and utilities’ benefits worth £2,800. The entire budget of the PFA, made up of grants and member contributions, is just under £17m. The former Chelsea player Graeme Le Saux called the package “absolutely scandalous” while the former Crystal Palace chairman Simon Jordan told the Guardian it was unjustifiable. “It’s nothing personal towards Gordon Taylor – the Dalai Lama could be the chief executive of a union and on that money and I would still say it was wrong on so many levels,” he said. “Only in football, which is so detached from reality, could you pay yourself a salary of that nature. You can’t ignore that the PFA do some good stuff, very good people within the confines. But it can also be very self-serving and there is nothing more self-serving than 13-14% of the annual budget going on one person’s salary. It’s out of kilter with any other industry for a union leader to have that sort of salary. While he is a figurehead and comes in front of camera to be outspoken, to justify that salary is to defend the indefensible.” Dawn Astle, the daughter of the former West Brom striker Jeff Astle, who died aged 59 after living with dementia for many years, campaigns for more research into the effects of heading footballs. “It’s like a kick in the teeth,” she said. “He is accountable to no one and should go and give the job to someone more in touch.” Taylor has been in charge of the PFA since 1981 and lives in Lancashire. Topics
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expected to sign new 3.5 year deal according to 4ladshadadream.
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https://twitter.com/Club1872rfc/status/962325098404503552
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150 new members so far.
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Rangers firm told to hand over documents in £2.8 million legal battle with club's liquidators 8 February 18 A JUDGE has ordered a company involved in litigation with the liquidators of “oldco” Rangers to hand them documents relating to the action. Lord Doherty ordered Rangers FC Group Ltd to hand RFC 2012 plc files that will help the latter understand the exact nature of the action which has been brought against them. The judge made the order following a short hearing at the Court of Session in Edinburgh yesterday. Lawyers acting for Rangers FC Group Ltd are seeking a £2.8 million pay- ment from RFC 2012 plc. The company has gone to Scotland’s highest civil court in an attempt to ask judges to review a decision made by RFC 2012 plc, which before it went into liquidation was known as the Rangers Football Club plc. Rangers Group believes RFC 2012 plc owes it cash as it is a creditor of the now defunct business. However, RFC 2012 plc has refused to give Rangers FC Group Ltd any cash because it believes it isn’t legally entitled to any money. This has prompted Rangers Group to go to the Court of Session with the hope of persuading a judge there to reverse the decision made by liquidators. Judge Lord Doherty gave permission for RFC 2012 plc to be given the documents, which their lawyers believe will help them defend the case. Lord Doherty added: “I will allow the commission of diligence to take place.” The case will next call sometime in the near future.
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http://www.eveningtimes.co.uk/sport/rangers/15945567.amp/?__twitter_impression=true Positive financial steps show a sense of normality is returning to Rangers, says Stewart Robertson 7 February 18 / Christopher Jack, Group Senior Sports Writer / @Chris_Jack89 FOR years, confusion was the new normality and uncertainty was the only predictability at Ibrox as Rangers’ fortunes, on and off the park, fluctuated and supporters were left fearing about the future. The strides taken on the road to recovery have, at times, been followed by steps back but the dark clouds that once hung over the club have dissipated as progress has been made at all levels. It is what happens on a match day that will always be the main priority and concern for Gers fans. But, understandably, there are few supports that take as much interest in finance as well as football, that keep an eye on events in the boardroom as much as the dressing room. Rangers have agreed a banking deal with the Close Brothers Group and Managing Director Stewart Robertson believes it is another sign of the progress that has been made, and that the Light Blues want to make. “We have a turnover of around £30million this year and almost all businesses of that size will have a bank facility that they can use for working capital purposes,” he told SportTimes. “You have a limit but you can dip in and out of it over time. For football clubs, the cash flow is very strong in the summer and not so strong in the winter because, in the summer, you have got season ticket money, SPFL money and a lot of the commercial money comes in in the summer. “That is the same for all clubs and it was the same at Motherwell. You can almost draw the graph perfectly in terms of the way the cashflow would go. “This a real vote of confidence in where we are taking the club and how we are taking the club forward to have someone like Close Brothers willing to provide us with a working capital facility. “It is another part of normalising the club, to be honest, and you would expect any organisation, not just a football club, of this size to have banking facilities. “This is the next step down the road in terms of getting things normalised and it is a positive thing for the club.” The arrangement with Close Brothers gives Rangers access to a seven-figure facility as the Ibrox board look move towards a healthier financial picture in the coming years. RIFC plc posted a loss of £6.7million for the 12 months to June 30, 2017 and investors, including chairman Dave King, will continue to provide funds going forward. Rangers have had no access to external finance for some time and Robertson believes there is a vindication in the rebuilding work that has been done to date. He said: “Obviously before you do something like this there is a lot of investigation into the finances and the business plan going forward and what we are proposing to do. “We don’t want to go daft and the bank are very comfortable with the level that it is at. “It works for both of us, which is great, and it is a vindication of how things are progressing at the club and how we are taking things forward. “We are delighted that an organisation like Close Brothers have shown confidence in the way the club is being run and our future plans and this is another step along the path and a normalisation of the business. “That is something we have always talked about and this is a key element of that going forward so we are delighted that we have been able to do it.” The blueprint for the future for Rangers will centre around regaining top spot in Scotland and ensuring regular European action returns to Ibrox. But the football department was not the only one that was left damaged by previous regimes and is not the only area of the club that requires further investment. It is on the park where the most cash will need to be spent but, away from the quest for silverware honours, supporters will soon see improvements being put in place. Robertson said: “What it gives us in an additional source of founds and we have a plan to grow different departments in the business, and there are projects around Ibrox that we are moving forward as well and this provides additional funding for those areas. “Even things like the internals of the building and creating a better working environment for the staff, for example. We can invest in facilities and the surrounding areas, like the memorial garden project and hopefully we will get planning on that next month. “We are looking at things like Fan Zones to increase the engagement on a match day and Edmiston House, so there are different things that we have pressed the button on. “Some of them will generate revenue and some will just improve the area and hopefully that will uplift the community round about as well. “It is about improving the club and trying to get us to the next level again from where we have been. “We have made decent progress so far but we recognise that there is still some way to go. “This is another element of the business that you would expect to be there for most businesses that unfortunately hasn’t been there for us but will be now.”
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https://www.thescottishsun.co.uk/sport/football/2189539/rangers-banking-facility-dave-king/amp/?__twitter_impression=true HOME BANKER Rangers secure banking facility for first time since Sir David Murray’s reign as chairman Dave King earns major cash boost Gers haven't had a credit facility since their plunge into liquidation so today's development is welcome news for the Ibrox money men BREAKING By Phil Martin 7th February 2018, 6:30 pm RANGERS have received a cash boost after securing a banking facility for the first time since the club emerged from liquidation. Gers haven’t had a credit facility since the money problems that plunged the club into financial turmoil. PA:PRESS ASSOCIATION Dave King has been in control of Rangers for almost two years But the Ibrox outfit have now arranged a lending facility which will allow the club greater financial flexibility. The agreement is with Close Brothers, a merchant banking group. Gers have been relying on soft loans from the club’s directors since Dave King won control at an extraordinary general meeting in March 2015.Chairman King had admitted that the loans were necessary to keep the club running due to the lack of a credit facility. But in a boost to the Gers board, Close Brothers has now agreed to grant the club access to extra cash. That is a facility that hasn’t been available since Sir David Murray sold Gers to Craig Whyte for £1 seven years ago. Shareholders cleared the way for fresh investment in Rangers last November when they backed moves for a new share issue at the club’s AGM. Fans’ group Club 1872 are aiming to raise £1million to buy a greater stake in the club at the share issue as they seek to increase their influence within Ibrox.
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Home game against Hearts is sold out.