BEARGER 1,830 Posted November 6, 2018 Share Posted November 6, 2018 Has the paperwork for AGM been issued? 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted November 6, 2018 Share Posted November 6, 2018 1 hour ago, DMAA said: It’s an obligation for publicly traded companies I think I can only really speak about the US rather than the UK but in the US it is NOT an obligation for publicly traded companies to provide forward looking projections. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted November 6, 2018 Share Posted November 6, 2018 Surely a football club cannot produce a detailed future plan as results are on a weekly basis and cannot be seen years in advance. We will be 3rd in 2019 2nd in 2020 and champions in 2021is something that is hoped rather than predicted. 1 Quote Link to post Share on other sites More sharing options...
JFK-1 1,693 Posted November 6, 2018 Share Posted November 6, 2018 11 minutes ago, pete said: Surely a football club cannot produce a detailed future plan as results are on a weekly basis and cannot be seen years in advance. We will be 3rd in 2019 2nd in 2020 and champions in 2021is something that is hoped rather than predicted. I will be looking for nothing less than a minimum second at the end of this season. There have been problems killing off opposition who simply park the bus and that's effectively almost all of them. But i'm hoping for the answer to that to emerge no later than the close of the January window. In the meantime we have to remain within touching distance of the top which we currently are. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted November 6, 2018 Share Posted November 6, 2018 1 minute ago, JFK-1 said: I will be looking for nothing less than a minimum second at the end of this season. There have been problems killing off opposition who simply park the bus and that's effectively almost all of them. But i'm hoping for the answer to that to emerge no later than the close of the January window. In the meantime we have to remain within touching distance of the top which we currently are. I wasn't really meaning Rangers in this just that you cannot project that as a football team as a given fact. 1 Quote Link to post Share on other sites More sharing options...
JFK-1 1,693 Posted November 6, 2018 Share Posted November 6, 2018 44 minutes ago, pete said: I wasn't really meaning Rangers in this just that you cannot project that as a football team as a given fact. Agreed. 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted November 6, 2018 Share Posted November 6, 2018 1 hour ago, pete said: Surely a football club cannot produce a detailed future plan as results are on a weekly basis and cannot be seen years in advance. We will be 3rd in 2019 2nd in 2020 and champions in 2021is something that is hoped rather than predicted. It’s called Safe Harbor. Forward looking statements ARE allowed and it is implicit that management can’t be held to account when they don’t go as planned. Many, many businesses will plan years in advance, it’s called part of the medium or long term strategy and financial projections form part of that. 0 Quote Link to post Share on other sites More sharing options...
JFK-1 1,693 Posted November 7, 2018 Share Posted November 7, 2018 It's pretty much impossible to plan ahead as far as Euro participation income goes and that's my major concern for the near term future. As things stand Euro group stage qualification is our only path to some major extra income and while we may be pretty much guaranteed to be capable of gaining a Euro spot in the league long term actually qualifying for group stages is another thing entirely. 0 Quote Link to post Share on other sites More sharing options...
buster. 5,194 Posted November 7, 2018 Share Posted November 7, 2018 Wrt mediumterm plans, DK has on occasion spoke of how he sees it in terms of the business but given the the way it has been used by the media, I don't think it a good idea for him to give them anything. 2 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted November 7, 2018 Share Posted November 7, 2018 Forward business plans are crucial to any business - it helps plan for future spending, budgets etc. It can also be crucial for any required external funding or potential investors to give them an idea of how the club/business is going to be run. In the goldfish bowl that is Glasgow football, publishing such a plan would be a terrible move as it would open the board up to no end of criticism. Look at the flack DK got about investing £30m of his kids inheritance.... 1 Quote Link to post Share on other sites More sharing options...
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