BEARGER 1,830 Posted January 5, 2015 Share Posted January 5, 2015 Ashley's man is now Financial Director. 0 Quote Link to post Share on other sites More sharing options...
MoodyBlue 0 Posted January 5, 2015 Share Posted January 5, 2015 Ashley digging his heals in. Come on good guys - fight the fight !! 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted January 5, 2015 Share Posted January 5, 2015 This is probably not good news at all. 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted January 5, 2015 Share Posted January 5, 2015 Not good news, but Ashley is being ever so gently marginalized. And with only 9% shareholding he will struggle to maintain control. Even though Llambias & Leach are Ashley's stooges they have a fiduciary duty to act in the company's best interests - and that is something which Ashley's 9% will not dictate. Possibly this is Ashley's throw of the dice to extract some last minute cash from us - potential new owners will likely want their own guys in charge so will more than likely have to buy out the CEO & CFO's contracts. 0 Quote Link to post Share on other sites More sharing options...
trublusince1982 243 Posted January 5, 2015 Share Posted January 5, 2015 is it as a consultant or his final place on board? 0 Quote Link to post Share on other sites More sharing options...
Oleg_Mcnoleg 50 Posted January 5, 2015 Share Posted January 5, 2015 Not good news, but Ashley is being ever so gently marginalized. And with only 9% shareholding he will struggle to maintain control. Even though Llambias & Leach are Ashley's stooges they have a fiduciary duty to act in the company's best interests - and that is something which Ashley's 9% will not dictate. Possibly this is Ashley's throw of the dice to extract some last minute cash from us - potential new owners will likely want their own guys in charge so will more than likely have to buy out the CEO & CFO's contracts. How well do you think that fiduciary duty has been working so far? Ashley's now got all the execs on the board and the non-execs seems happy enough to do his bidding too. Wish I could be as sanguine about this development 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted January 5, 2015 Share Posted January 5, 2015 Ashley sticking two fingers up to everyone. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted January 5, 2015 Share Posted January 5, 2015 Directorate Change Mon, 5th Jan 2015 17:47 RNS Number : 3339B Rangers Int. Football Club PLC 05 January 2015 05 January 2015 Rangers International Football Club plc ("Rangers", "RIFC" or the "Company") Directorate Change The Board of Rangers is pleased to announce that Barry Leach has been appointed as Finance Director of RIFC with immediate effect. Mr Leach has been acting as a consultant to the Company since 27 October 2014. Barry John Leach (aged 48) is, or has been, a director of the following companies in the previous five years: Mr Leach resigned from being a director of Delima Limited on 24 October 2014. Delima Limited entered administration on 7 March 2014. There is no further information required relating to Mr Leach to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules. 0 Quote Link to post Share on other sites More sharing options...
the wasp 0 Posted January 5, 2015 Share Posted January 5, 2015 This is probably not good news at all. Maybe good news if he is serious about our future. 0 Quote Link to post Share on other sites More sharing options...
andy steel 0 Posted January 5, 2015 Share Posted January 5, 2015 If it comes to the worst we're looking at an EGM and paying off more of Ashley's parasites, while paying to keep the club afloat in the meantime. Hardly ideal but better than an infinity of being under their heel. 0 Quote Link to post Share on other sites More sharing options...
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