120 DAY Business Review Update

[andy steel 0]

Adding nothing to the debate, but I am fizzing about this.

 

It's absolutely impossible to justify those salaries (if they're correct, of course). How hard is it to drive a bus, ffs, or lay out a kit? Catch a grip, Rangers, for Christ's sake.

 

It wouldn't matter if we had the riches of Croesus behind us, you still couldn't make a rational case for that level of pay.

[the gunslinger 3,366]

when green and co paid themselves 100% bonuses for winning sfl3 they paid all the staff bonuses to.

 

not sure if it was 100% but i suspect it was and know they were very substantial at very least.

[the gunslinger 3,366]

in more ways than one we need a fergus mccann type at rangers. both to rescue us and to cease the gravy train.

[Hildy 0]

When the bus driver/kit man is getting paid £120,000 and his assistant is receiving £60,000, you know that the fans are being taken for mugs.

 

The idea that fans should gift money to the club in these circumstances, whether through official membership schemes or independent groups, is simply not credible.

 

Rangers, as things stand, does not deserve our cash. They blow it as soon as they see it.

[Scott7 6,002]

"in more ways than one we need a Fergus McCann type at rangers. both to rescue us and to cease the gravy train." - gs.

 

What's the wee guy doing these days? We could be doing with someone not very keen on the celtic-minded. Rescued them from insolvency, built them a new stadium - ok, not the best but better than the old cp - bullied them into an appearance of acknowledging the Ibrox disaster, castigated a certain type of bigot and all in a few years. Walked off with a shilling or two at the end but at least he did a job for his dime and the tims don't like him. Perfect cv!

[TheTinMan99 0]

I can see Jig getting this bus driving gig, when he finally stops impersonating a centre half. Daly as his assistant, hopefully.

[Zappa 0]

I assume that these four are not extraordinary examples, and that there are a number of employees on wages which are grotesquely above the industry/societal norm.

 

It's not comfortable discussing this subject, but it really does need discussed because there appears to be an abundance of non-playing staff at the Club earning obscene amounts of money. The vast majority of them will still be on their pre-admin/pre-Whyte era contracts, so this is basically the true legacy of David Murray's wildly extravagant ways and general profligacy. We might not have spent a tenner for every fiver our rivals across the city spent, but when you look at some of these reported salaries it starts to look as if it might not have been far off it in many areas of the Club.

 

The fact that the last full set of accounts showed higher non-playing staff costs than our playing staff costs paints a relatively clear picture. Obviously though, it's only now looking so out of balance because our playing staff wage bill has been reduced to such a low level compared to what it used to be.

 

There's numerous people over recent years who've all been partially to blame for not streamlining the business properly, but I think the administrators should have done A LOT more to streamline the business because that's one of their primary tasks as administrators. They had complete legal authority to come in and make redundancies without pay-offs, but some of our dimwit players at the time like Naismith & co who didn't fully understand what was happening and what would be best for the Club got together and essentially blackmailed the administrators into not making non-playing staff redundancies. The players thought they were doing the right thing for the Club staff, but inadvertently they weren't actually doing the right thing for the Club because that was a golden opportunity for the Club to cut it's cloth which was ruined and ultimately missed.

[Hildy 0]

To put this into context, if the RFFF money was handed over to the club, it would be gone in three years if it went exclusively on the wages of the kitman and his assistant.

[the gunslinger 3,366]

you could employ 10 people on minimum wage to do the job.

[Zappa 0]

Adding nothing to the debate, but I am fizzing about this.

 

It's absolutely impossible to justify those salaries (if they're correct, of course). How hard is it to drive a bus, ffs, or lay out a kit? Catch a grip, Rangers, for Christ's sake.

 

It wouldn't matter if we had the riches of Croesus behind us, you still couldn't make a rational case for that level of pay.

 

Some of the staff salaries are frightening, but I think maybe the kit man/coach driver + assistant/son salaries are being slightly misinterpreted because we don't know how many hours these guys work in a year. It's entirely possible that they average significantly more hours in a year than a normal 9 to 5 position, possibly as much as 60-70 hours a week.

 

Having said that, I'm not defending the kit man's salary or the Club's overall salary structure because it is indeed obscene considering the Club's financial position and everything which has happened.

 

The CEO of Scottish Enterprise currently earns £200,000 p/a while we've had CEOs recently earning three, four and five times that much depending on whether you count their bonuses and/or pay-offs or not.

 

The Chief Financial Officer of Scottish Enterprise currently earns £120,000 p/a while we were paying Brian Stockbridge almost twice as much.

 

No wonder our Club's still in the financial shitter.