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buster.

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Everything posted by buster.

  1. buster.
    The contract or part was leaked, it says that loans must be paid back when sufficient ST or other monies 'clear'. Don't have it front of me but IIRC pointed to prioritizing the repayment of the loans. That said we've just had the Ibrox 'payday'(salaies). What seemed notable was the seeming reluctance of the board to communicate with George Lethem on the number of renewals. The board seem to have batoned down the hatches as they figure out a way between varying arguments as to the way ahead. This may be effected by the number of ST's and judging by previous communications on the matter (business review included) I think they are attempting to wait until the second half of June. You may or may not find that a certain level of ST's are needed alongside any share issue options, before they bring in a DoF who in turn puts into motion a chain of events within the football operation. GW doing a similar 're-structuring/austerity drive' throughout the club. Money being required so as to in part, fund pay-offs. Or that dependent on numbers, certain options have to be discarded.
  2. buster.
    I think that it's probably more damaging at a commercial level. I think the bigger reputable firms will think twice before getting involved with us because of all that has and is going on. That includes the level of uncertainty. To a degree we are currently 'damaged goods'.
  3. buster.
    It's interesting or perhaps not surprising that the number chosen by the 'source close to the board' was the somewhat psychological 20K barrier.
  4. buster.
    1. Jackson knows the source. 2. He called it "close to the boardroom" 3. He was sceptical about the info in tweet. 4. He reafirms scepticism and infers he doesn't believe 'source close to boardroom'. 5. I see no official announcement Conclusion. Reafirms suspicions that the board are spinning a line. What kind of board would do that and why ?
  5. buster.
    Rich as the richest Russian Oligarch with Superyachts coming out of his ears. According to STB (a couple of weeks ago), the past isn't to be learned from and each situation is to be taken on it's merits. Consistency is cool. ------------------------------------------------------ However, in this case I agree with him. The business model and football operation both need torn-up and started again. But it needs a fresh approach undertaken by 'honest men' and not corporate sharks, so as the club gets the benefit and not the sharks. Unfortunatly, I can't see how this scenario develops. The 'old pals act' has IMO generally held us back and made some very wealthy for disproportionate added value. When you also get similar or worse at board level,.... then you're in big trouble.
  6. buster.
    Yes, just had a scan of the online Record and I can't see anything about it. Can someone on twitter please ask Jackson why that is. One of the reasons that it's been difficult to keep a hold on events these past few years is down to the huge amount of misleading spin that is thrown out there. It probably correlates with the amount of our money that has been used to pay spin doctors to work for the custodian of the day (including proxy group and their remit.) It will also reflect the urgency with which spin-doctors are replaced (in part?) opposed to other departments, eg. scouting.
  7. buster.
    Typical of the MO of the board No Transparency Copious amounts of Spin = No Trust It's very easy, the club officially announce 20,000 renewals and show transparency with a number that would be considered a relative success.
  8. buster.
    Every shareholder should e-mail the club asking for confirmation or otherwise of this number. Press speculation via "source close to the board" on a price sensitive issue (ST numbers currenly vital for business going forward) isn't the done thing in a normal business. (of course it couldn't be S.Easdale/Toxic......................Mr.Lamont doorstepping big brother wouldn't do in this case) Apparently in their rush to tell George Lethem the good news, they forgot to send the e-mail.
  9. buster.
    "Sources close to RFC board" Sounds to me like leaking a number that is probably not accurate (ie.overstated) by a method that the board can shrug their shoulders and say "nothing to do with me Guv". A method that we have been subjected to for years. Slight change to "Ibrox Insider" or "Source close to the Club" etc. If 20,000 ST's had been renewed do you not think the board would have announced it and taken advantage of the free publicity to push for more on the back of it ? If a lot less than 20,000 STs' hadn't been renewed might you leak a number to the press in an effort to break the resolve of the middle apolitical rump of the support ? Message to the board......... Engage with the support with transparency and tell us how many ST's have been renewed officially,.................... we are sick of spin.
  10. buster.
    Yes, I'd agree with most of that. Post admin., supporters didn't appear to have much choice (that was palatable in short-term) and it was those Bears who were in and around negotiations with D&P and then with Green&Co who weren't able/prepared to go the extra financial mile or five that missed their chance/ were given large fences to jump over. To starve them out pre 2012/13 was a difficult 'sell' and so there was little effort made towards this. 70M pounds later, many are bloated but the club is on it's kness. As a support at various levels we seem to get 'it' wrong far too often. Obviously it's a large and varied constituency which has been preyed upon by spin doctors. Over time, mindsets have been introduced and thereafter divisions, sown and nutured. As a club we are a case study as to how modern capitalism (employing spin in a BIG way) can prey on a football club.... Ally knew fine well that they couldn't be trusted but once the WS/McColl efforts had floundered decided to go with the flow, help keep the business going and his job. However and IMO the penny shares stick in the throat regardless. They say that it's aswell that Ally is there on the 'inside' but the reallity is that he's been of more use to the custodians than the support. For the support he's been like a 'comfort blanket' that in reallity doesn't exist.
  11. buster.
    Can you define "normal" please. I have an idea of what you infer but do you mean a suatainable "normal", which in actual fact would be something very new. Or running the club at a level that needed CL football to breakeven, which back in the day was normal. Or does it simply refer to breaking the hold that the corporate sharks have on us ? I'm coming to the conclusion that we are in so deep, so entrenched in spi.vdom, their 'onerous contracts', increasingly unhappy & scunnered support, no money, no-one prepared to pay the large sack of money that would be required........ that the outlook is very dark. Financially, politically and socially we are in a bad way and I'm struggling to see how, after recent history and looking towards realistic prospects for Scottish football.............. we make a full recovery.
  12. buster.
    It's not hindsight, I was saying the same thing at the time. There were quite a few (not all on messageboards) who saw through Green and his bullshit all the way through. More especially from some individuals closer to what was going on. Some of what was behind this wasn't any old bullshit rumour, but neither was it absolute conclusive evidence. John Brown was involved, knew details not in the public ambit including CW and what seemed to eventually turn into claim/Sevco 5088. As I said, there was never absolute information and I believe/speculate that Bomber took the decision or was advised to go down the 'deeds' route when on the Ibrox steps. I think some of those Bears I spoke of had decided to 'go with the flow' rather than have the club enter into a cash crisis. (as per previous post) They thought matters could be addressed in an ongoing manner. What I would say is that generaly the online Bears regarded as financial experts got Green spectacularly wrong. I saw them take in the corporate speak, the numbers, the IPO, the order of things, and accept it as in the main, a logical path for the business to take. What I think they failed to take into consideration was the capacity of some to bullshit. Nor perhaps have many experienced quite such a complex and misleading strategy from City sharks as we've been witnessing at Ibrox.
  13. buster.
    They committed to addressing 'communication and engagement' last year and have to be seen to be doing something. By not actually addressing it themselves in a practical way when it's a vital aspect of going forward within the current impasse, would be laughable if it were not so serious an issue.
  14. buster.
    "Plastic engagement" They should try some practical engagement when it matters.
  15. buster.
    Thank's for going to the bother of setting it up Zappa ! I'm in.
  16. buster.
    Whatever it "should be", the simple fact is that it isn't. --------------------------------------------------------------------------------------------- Another thing is that when corporate sharks/players/operators/vultures* get control of a distressed business they don't let go easily or until they have sucked/earned* sufficient or maximum return. This would usually include positioning the assets to their advantage. * delete as you see fit
  17. buster.
    I wasn't privvy to the actual conversation but John Brown said on national radio that he had warned McCoist and others about Green&Co in the summer of 2012. It wasn't only Bomber who at the time felt that they had good reason to be fearful of the motives behind Green&Co, there were other prominent Bears with similar fears. John Brown did know of certain details / things going on in the background that placed his knowledge somewhere between speculation and enough concrete presentable evidence. Bomber wasn't the best man to articulate the matter but he seemed the only one willing to stand-up at the time. Personally I think that there were two important aspects to this. 1. There wasn't absolute knowledge of what was going on. Along the lines of, enough to know that there was something very wrong but not enough to put your finger on the precise plan(s), (Motive not ongoing detailed MO). 2. The club needed revenue if it were to go forward and somewhat similar to what the situation is today, the option to starve the club wasn't an attractive one to the great majority. When I say similar, it would seem today if the 'starve them out' option is now on the agenda of many more than in 2012. All things considered you can see why this is the case. So you could say that many of those 'prominent'/knowledgable (to a degree) Bears 'held their wisht' and undertook a watching brief with varying degrees of dread. They watched Green attain a powerful position through mostly empty bulls**t and many hoped that the club would benfit from the wave being rode. The more cynical had less positive expectation.
  18. buster.
    There was an alleged document re. S&LB doing the rounds in the second half of 2012. IIRC, it was first put up on the CQN website. There was certainly a poster on FF who aluded to the S&LB way before the above document. "Chosenblue" ??
  19. buster.
    McCoist was told about Green. John Brown being one of those voices and the only one who went public at the time and since saying he told AMcC, amongst others.
  20. buster.
    From a business POV I can't see a financially handicapped Rangers (with large rent to pay) being viable in the longterm. That's not to say a S&LB or transfer of asset and subsequent sale of TRFC won't happen, more that they'd need to have a plan B.
  21. buster.
    The term "a perfect storm" may be apt regarding our current situation, very much including the questions and motives surrounding the ongoing ST situation. Every dynamic surrounding the ST situation except (blind) loyalty points to the word, no.
  22. buster.
    1. Real (opposed to perceived) credibility. I say 'perceived' because he gambles on 'blind loyalty' shown towards himself as an individual. Those who are more objective will see something that doesn't sit right. Note. Club is (should be) bigger than any individual. 2. To be able and stand up and say what he often does without feeling a degree of embarrassment.
  23. buster.
    Time will tell. A time when AMcC may need good PR is if/when the club decide to terminate his 12 month rolling contract and he insists on wage deferrals being paid in full aswell as the 12 months salary that his contract entitles him to. The RFFF was poorly thought out and is indictative of our capability to organise without any vision.
  24. buster.
    What I have seen over the last few years is a willingness by some (who could be catogorised as pro-board) to make efforts to justify or see as reasonable, actions or plans from said board going forward. Up until this point, they have invaribly been wrong. Curiously this doesn't stop them from coming along again with similar 'strong' views or opinions a little further down the line. As far as the current situation is concerned, I can't see daylight either way. However, perhaps that is only natural given what has led us to this point or how deep the hole is that we find ourselves in.
  25. buster.
    Given he decided to continue throughout the ongoing soap-opera, I agree that he has been in a very difficult position wrt the politic's. In this particular area we have heard continually mixed messages to suit the particular moment in time. IMO some have been based on a lack of knowledge but others have been disengenuous for varying motives. I agree what I think you alude to, that regardless of his salary, the 1 million shares at 1p each given timing and circumstances, smell like old fish. IMO a gesture that would actually reflect the theme of what Ally often preaches upon would be to give or sell for 1p per share a large percentage of his 1 million shares to the support shareblock, eg. BuyRangers. Re. agent : don't know !
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