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BEARGER

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Everything posted by BEARGER

  1. AGM Poll Our AGM poll closed at midnight last night, however, we have been contacted by members asking if it could be reopened as they hadn't yet voted. As a result, we have reopened the poll and would encourage all members to use their opportunity to vote. As we have moved to a new website you are required to re register. If you did not receive the email it may have went into your junk/spam folder. The other way to register is as follows: • Go to http://www.therst.co.uk • Go to the Members Area • Click on Forgotten Password • Input the email address you originally registered with the RST. This will provide you with a password to log in and access the members area where you can vote in the AGM poll. Thanks for your continued support.
  2. I refuse to believe that all the players we signed are duds or that they can't handle being a Rangers player. All the Scottish ones have regressed since coming to Ibrox and that includes Lee Wallace. A friend who is a Motherwell fan asked me a year ago what I thought of Nicky Law, I told him. He said that Law was outstanding for them for the previous two years. We also have Clark and Templeton who have not been able to hold down a first team place, all our team problems lie with the coaching staff. Simples.
  3. Q: Your salary reverts back to £750,00. What do you think about it being made public? A: I worked for nothing for months. I decided to take a 45 per cent cut, I then took a 40 per cent cut. I’m not saying: “Give Ally a big pat on the back” but there’s a wee bit more to it than meets the eye. Other factors should be taken into account as well. What dies he mean here? Was his salary £1.36M took a reduction of 45% leaving £750K, took a further reduction of 40% leaving him at £400K before he handed in his notice? Note he decided to take 45% cut not the club!!
  4. You thought wrong. Probably cannot afford the Armadillo.
  5. From RST website AGM Resolutions 8 and 9 Looking at the resolutions put forward at the AGM, those relating to the election of board members seem fairly straightforward. You either fancy them or you don’t. Given their abject failure in every aspect of running the club surely only their masters will vote for them? What isn't quite as clear, certainly not to anyone unfamiliar with the Companies Act and a degree in legal double speak are resolutions 8 & 9. So having a friend more fluent in these things helps and here is how it was explained. On the face of it, with a few minor exceptions, they are very similar to the resolutions proposed last year. Resolution 8 is for existing shareholders and Resolution 9 allows non existing shareholders to purchase shares. Though not entirely clear it would seem that the resolution allowing non existing shareholders to buy shares kicks in only if existing shareholders have been given the opportunity to buy shares too. There are 2 different figures in resolution 8. The first part allows an issue of up to 50% of the current shares in an open offer and the second to issue up to 66.66% of current shares in a rights issue. Though as seems the norm from those in charge at our club these days, they seem to have slightly miscalculated the 50% figure. So what does it mean this time round? If these resolutions are not passed it will mean the club could only be funded by more loans. What would the loans be guaranteed against, how will they be repaid and what will the interest rate be? If these resolutions are passed the club should get some desperately needed equity investment. The issue is who will provide that equity and what will they get in return? Once the door is open to non existing shareholders who will rush in? Will it be Dave King, Brian Kennedy or more friends of Charles Green and Mike Ashley ? The club needs cash desperately and the best way is through equity investment and not more loans. Opening that door to new shareholders has a downside depending who comes along, however no equity means loans and the baggage that comes with them. It is hard to imagine new shareholders being any worse than those who currently call the shots at Ibrox so I intend voting for resolutions 8 and 9. - See more at: http://www.therst.co.uk/news/agm-resolutions-8-and-9/#sthash.u57hHsMw.dpuf
  6. From club website. AS previously announced, the Company's Annual General Meeting will be held at 10:30am on Monday 22 December 2014 at Ibrox Stadium, 150 Edmiston Drive, Glasgow G51 2XD. Access will be through Exit 30 of the Broomloan Stand which is adjacent to turnstile 64. Shareholders will have access to the Albion car park with access to the Stadium footprint for disabled Blue Badge holders to park near the entrance. Shareholders are asked to arrive in good time from 9am in order to clear the registration process. Shareholders should bring the attendance card which was included with the Notice of AGM, posted to registered addresses on 28 November 2014. In the event that the attendance card is lost, Shareholders should bring some other form of ID (a credit/debit card will suffice). Shareholders whose shares are held in a nominee account with their stockbroker will need a Corporate Representative's letter (issued by the custodian of their shares) in order to be admitted. Non-shareholders including guests of shareholders, will not be admitted. The meeting will consider the 9 Resolutions set out in the Notice of AGM, each of which will be subject to a vote by Poll, which will be verified by Capita Registrars Limited. The result of these Resolutions will be released to the London Stock Exchange by no later than 7am on 23 December 2014.
  7. The letter is as follows: We are writing as concerned shareholders regarding the conduct of the upcoming AGM for Rangers International Football Club PLC on Monday 22nd December 2014. At the AGM last year, held in December in the Ibrox Stadium Main Stand, the board used the excuse of the cold weather to cut short questions regarding their running of the company. They left queues of shareholders with questions unanswered. Mr Somers also chose to take multiple questions at a time which did not allow any chance for relevant follow up. Since then, we have seen what we regard as the further mismanagement of the company, inexplicable decisions on financing the company going forward and further undue influence applied to the PLC board by shareholders Sandy Easdale and Mike Ashley. With this in mind, we are writing to ensure that there will be no repeat of the board’s and particularly Mr Somers’ behaviour this year. We expect that all questions from shareholders will be answered, as they are asked, and that follow up questions will be allowed within reason. We do not expect multiple questions to be taken at a time. We do no expect Mr Somers to attempt to cut short shareholders rights on the basis of the weather. The company, and for many of us our football club, is in dire straits. The board remain unwilling to engage properly with their concerned shareholders and customers and this is the only opportunity we may have for another year to get the answers we require on the decisions they have made. We expect your full support in this matter and thank you for it in anticipation.
  8. Don't see this posted anywhere. The club are selling a special tee shirt for the Celtc LC SF, how pathetic is this?
  9. I'll be very surprised if the stadium is any where near full for this game.
  10. That's my point, if we sell 100,000 @ £50 = £5M. Will he spend money to get us into Champions League as per original post newspaper report? He would have to spend a lot more than £5M to get us into CL.
  11. P Aye but. How does he get 100,000 fans to buy strips if he has not invested in the club first, got us into Champions League etc.? The way I see it very few will purchase without seeing improvement on the playing side first. He would have to speculate to accumulate, but will he? Has he at Newsacatle?
  12. He would require to invest heavily in players and management team to get us into Champions League, we are light years away from that at moment. How does the "Rangers Brand" help him sell anything but Rangers merchandise ? We are not a big player in Europe as far as seling strips are we? Any business guys explain this to us lesser mortals?
  13. @bbcjimspence: Hearing that with Mcoist meeting the board on Wednesday he may be prepared to settle for around 400K compensation and leave then.
  14. Fully agree, we should have done that when Wattie left not give the job to someone because their there.
  15. Strange times indeed. I retweeted one of your tweets earlier today.
  16. M You have run quotes from different posters into one diatribe. McCoist is playing games. Unless he is completely deluded and actually thinks he is a decent manager and can improve things. The worst manager in our history and a legend as a player. A millionaire and Rangers fan, if he had any decency he would go now. Rant over.
  17. Certainly would be interesting.
  18. Smith was in an entirely different position to what McCoist is playing at now. Even if your views on Smith are correct it does not make his comments on McCoist wrong. I thought that Smith was the wrong man for the job. He is too weak to deal with hard headed business people, even the numpties at the SFA were too much for him. A management qualification does not mean your'e a good manager.
  19. Reading between the lines I believe Smith is saying that McCoist is a self serving parasite.
  20. More crap from a former player. He was feeling the strain due to his fathers cancer so he moved down south!
  21. Being reported that the board and legal team will meet with McCoist and his legal team on Wednesday. Could be out before agm? Billy Davis anyone? From The Mail on Sunday.
  22. Mate emailed me this, its from Ibrox Noise. Hope its ok to post on here. Ally McCoist, Master Manipulator News broke yesterday in the mid-afternoon of Ally McCoist’s resignation. Immediate responses from fans were generally of the praiseworthy kind, in the sense that McCoist had appeared to know finally the game was up and had walked away without the ransom of a severance package. I criticised his apparent refusal to do this in a previous blog, comparing it with Paul Le Guen’s willingness to do the right thing and waive his £2M pay-off having been fired by Sir David Murray. Consequently, the news he had quit, therefore waiving the fee, brought out a huge deal of praise from myself and other fans, proving once and for all that Ally does care about the Club above all else. Only…the rest of the day proved that this was all a great big media stunt. Ally McCoist, master manipulator of the fans, of the press and of those in the sport itself, once again had played a blinder. In fact, his sleight of hand even managed to get fans’ ire off his back, and onto the players. Knowing full well this news would completely destabilise preparation going into the visit to Palmerston, McCoist’s Rangers were miserable and fully deserving of the defeat. Only this time, instead of complaining about McCulloch in defence, or McGregor at RB, or Mohsni starting again, or the useless Shiels starting at all, or Daly up front, or Foster at LB, all of which were McCoist decisions, fans instead solely blamed the players. Sure, they are the ones who go out there and play, but who is the guy who is putting the square pegs in the round holes, and reserving special holes for his favourite pegs? The same man who has managed to swindle his way into playing the victim while he sits there on the highest wage of anyone at Ibrox, mismanaging the team week after week. Because, of course, McCoist has not resigned. He has handed in a year’s notice, meaning Rangers’ board has five options: 1: Pay him off a severance package of around £400,000 – which it cannot afford to do. 2: Pay him off an ‘undisclosed’ settlement to his satisfaction, which will be similar in value to the above. 3: Pay off his entire 12 month wage now - £850,000. Impossible to do. 4: Put him on gardening leave, which will cost the remainder of his current deal – around £550,000. 5: Just let him get on with it. None of these are good options for anyone other than McCoist – he still gets his money no matter what, and ultimately he either stays in the job, haplessly bumbling from one calamity to the next while being paid a near cool million pounds for it, or he is paid off quick – and he knows the board does not have the money to do the latter. Meanwhile he is now Super Ally again, with the blame firmly at the foot of the players. Players who, in the past two weeks, have been canvassing support for him and had been castigated by fans for it: Jon Daly; regaling us with the tale of how McCoist attended his father’s funeral. Darren McGregor; telling us McCoist gave him the chance to play for Rangers and of his gratefulness for this opportunity. Nicky Law; blaming his fellow players and removing all responsibility from Ally. And McCoist, post-match once again laid every inch of blame on those players as well. The guy playing Mohsni, Shiels, Daly, and McCulloch, Foster and McGregor out of position is now the hero, the victim, the one who is the innocent in all this. Did the players produce yesterday night? No, they did not. But given the titanic upset to the preparation, did we expect a glorious night of football – did we expect Ally to have organised his troops impeccably? No. That Rangers lost is no surprise, and that McCoist is now blameless in some eyes is remarkable testament to his canny ability to play people against each other and make others apportion blame to everyone other than him. His skill in manipulation is outstanding, and once again McCoist has pulled the wool over everyone’s eyes and holds all the cards.
  23. BBC now reporting that board will reject his resignation. If so please do the right thing for everybody's sake Ally, just go.
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