George Letham, George Taylor and Douglas Park offer Rangers £6.5million alternative

[buster. 5,183]

The Llambias reign could be the shortest of the lot, which would be great news.

 

If that is the case, I hope he will practise what he preaches and leave without a pay-off.

[buster. 5,183]

Good news but will the offer be accepted?

 

Indeed it is some good news and on the face of it, well engineered.

Unless there are other shareholders willing to invest, it's difficult to see how they refuse this offer.

 

Ashely is more accustomed to autocratic executive control and shadows but his priority will be to keep his onerous contracts being serviced. This goes for others aswell. The presence of Rangers friendly directors would surely look to get a precise handle on the books/onerous, take stock and look to address matters where possible. This is where there would be conflict but I'm getting ahead of myself.

[der Berliner 3,743]

Ashely won't give up he is too proud to take a roast'n.

 

It would be good if the powerbrokers start talking to one another, rather than via the media or the people currently mascerading as a board - Llambias for the time being excluded.

[Frankie 8,562]

Indeed it is some good news and on the face of it, well engineered.

Unless there are other shareholders willing to invest, it's difficult to see how they refuse this offer.

 

Ashely is more accustomed to autocratic executive control and shadows but his priority will be to keep his onerous contracts being serviced. This goes for others aswell. The presence of Rangers friendly directors would surely look to get a precise handle on the books/onerous, take stock and look to address matters where possible. This is where there would be conflict but I'm getting ahead of myself.

 

Onerous contract status is the main issue here.

 

Can new investors/board members normalise them more than they supposedly have already? I'm not sure and it's such limitations which could hold back any bid for control.

[buster. 5,183]

Onerous contract status is the main issue here.

 

Can new investors/board members normalise them more than they supposedly have already? I'm not sure and it's such limitations which could hold back any bid for control.

 

Probably not unless there are two willing parties, they could be threatened legally or the company in which they resided was liquidated.

Edited December 27, 2014 by buster.

[SteveC 150]

Onerous contract status is the main issue here.

 

Can new investors/board members normalise them more than they supposedly have already? I'm not sure and it's such limitations which could hold back any bid for control.

 

It seems unlikely but in the leaked e-mail Somers clearly had a way of endangering one or more of Ashley's onerous deals - he was threatening to do so.

 

I think there's an - altogether understandable - rush of hope at this news and I fear it will be unfounded. Every time anyone we trust has got near the "inside" doors have been slammed, it's almost as if there is something they don't want normal folk to see (cough, cough) in the inner sanctum of the corrupt cabal.

 

People seem to think they'l find it difficult to refuse this offer. I don't think that is necessarily the case, I think it far likelier they'll protect their gravy train to the bitter end regardless of how clear their self-interested deliberate mismanagement and misappropriating of funds becomes.

[the gunslinger 3,366]

Matthew Lindsay ‏@MattLindsayET

 

Reckon Rangers fans will storm the front doors of Ibrox if the board turn this offer down.

 

We really really should.

[SteveC 150]

We really really should.

 

Yes but we really, really wouldn't. There is a forum (or more?) absolutely aghast at this news this morning, for starters and then there's our history of letting crooks wreak havoc on our club with impunity for finishers.

[der Berliner 3,743]

Read somewhere else that in this new "in house" share issue, existing shareholders can "only" buy as many shares as they already own. As in: if you hold 1 share, you can buy another 1, if you have 1m, you can buy another million, then perhaps scoop up any that have not been taken up. Is that correct?

[Hildy 0]

Indulge me here, chaps.

 

Let's just imagine that the good guys win the day. We are probably tight to be pessimistic because false dawns are commonplace, but let's just think about it for a second.

 

The coaching staff have already been moved around and Ally is labouring away in his greenhouse - but he is still on the books.

 

Would the new broom sweep in and pay him off, would it let him see out his contract to the very end, or would he be brought back to the club to be given a more active position?

 

What price Ally being the new director of football - if the good guys win the day?