Rangers power battle: Graham Wallace axed...

[Frankie 8,665]

As Wallace was terminated does this mean he will pocket a huge payoff?

 

I'd imagine this will have been a mutual termination.

 

A small pay off likely.

[BrahimHemdani 1]

Might one assume from afar that Wallace netted his £300,000 bonus in full in contemplation and a year's salary in compensation for his resignation?

 

If so no wonder we needed another £2,000,000 loan.

[Ser Barristan Selmy 222]

Wallace going on holiday

[Frankie 8,665]

What was reputable about Wallace when he was misleading shareholders at the AGM?....or taking three months to publish a week's worth of work, followed by another three months where he failed to deliver on much of the content?.....or when he was trying to blame those not coughing up their ST money for credit facilities being withdrawn?.....or when he was taking part in a sham online Q&A session?.....or when he was refusing to discuss his own onerous contract and bonus?.....

 

Yet another shark who took the dirty money on offer, until that is he saw that he was for the off, and jumped ship to try and save his own skin and lucrative salary. This rewriting of history is sickening.

 

Agreed.

 

We can't change our minds about people just because the narrative may alter.

 

Wallace was there for Wallace. Yes, he may have been restricted in what he could do but one of those restrictions was his own talent.

[Rangersitis 0]

As Wallace was terminated does this mean he will pocket a huge payoff?

 

He resigned.

[Ser Barristan Selmy 222]

Might one assume from afar that Wallace netted his £300,000 bonus in full in contemplation and a year's salary in compensation for his resignation?

 

If so no wonder we needed another £2,000,000 loan.

It's not very long ago you were his biggest fan?

[Zappa 0]

What was reputable about Wallace when he was misleading shareholders at the AGM?....or taking three months to publish a week's worth of work, followed by another three months where he failed to deliver on much of the content?.....or when he was trying to blame those not coughing up their ST money for credit facilities being withdrawn?.....or when he was taking part in a sham online Q&A session?.....or when he was refusing to discuss his own onerous contract and bonus?.....

 

Yet another shark who took the dirty money on offer, until that is he saw that he was for the off, and jumped ship to try and save his own skin and lucrative salary. This rewriting of history is sickening.

 

Calm down and don't get too carried away over my use of a single word.

 

All I was really trying to say is that Wallace & Nash are more reputable and suitable men to be in the Ibrox boardroom/s than the Easdales.

 

If I had a choice between Wallace & Nash or the Inverclyde taxi tycoons it wouldn't be a difficult one.

[Zappa 0]

Agreed.

 

We can't change our minds about people just because the narrative may alter.

 

I'm not changing my mind about anyone.

 

Wallace wasn't good enough, but Nash was apparently excellent.

 

The point I was trying to make (and here I am trying to say it a third time, sigh) is that I'm not particularly happy to still have people like the Easdales & Somers as directors while Ashley is forcing out directors like Wallace & Nash.

[BrahimHemdani 1]

It's not very long ago you were his biggest fan?

 

Not sure where you got that from. I was one of the first to point out that he'd been unemployed for nearly a year before he joined the Club.

 

However I would concede that I expected him to deliver a great deal more than he did.

[True_Ger_1872 2]

I'm not changing my mind about anyone.

 

Wallace wasn't good enough, but Nash was apparently excellent.

 

The point I was trying to make (and here I am trying to say it a third time, sigh) is that I'm not particularly happy to still have people like the Easdales & Somers as directors while Ashley is forcing out directors like Wallace & Nash.

 

With the figures quoted that Nash has driven down the operating costs by circa £5M since the start of the year - I think the highlighted statement above would be correct. His efforts came far too late in the Rangers saga but by that figure, he was clearly looking at things and making efforts that would bear fruit if he were given more time, support and afforded better influence on the board.