The club, the board and the future

[compo 7,327]

We’ll just blunder on until the end of the season then it will be the same again the only answer is new rich owners but the old directors will have to be repaid all the money given in loans that is keeping us above the water at present and when you look at it it’s not exactly a mouthwatering thing buying a once great club that’s on its uppers.

[Rousseau 10,946]

1 minute ago, CammyF said:

But it's not a rebuild, it's cost cutting. There is no plan after slashing wages. We are hemorrhaging money and have been doing so almost every year under their stewardship. It's a spiral they can't control. 

 

Thats despite making circa £50M in transfers, getting to CL group stages, getting to EL Final, receiving record merchandise sales, highest ever season ticket sales. 

 

How can backing THIS be better than advocating change? 

Because this is realistic, 'change' is vague. I don't know what it means. 

 

It is cost-cutting because we're spending too much, as you said. The next stage is player trading. 

 

If some investor comes in tomorrow with an offer I'll get behind that, within reason.

[buster. 5,351]

13 minutes ago, CammyF said:

But it's not a rebuild, it's cost cutting. There is no plan after slashing wages. We are hemorrhaging money and have been doing so almost every year under their stewardship. It's a spiral they can't control. 

 

Thats despite making circa £50M in transfers, getting to CL group stages, getting to EL Final, receiving record merchandise sales, highest ever season ticket sales. 

 

How can backing THIS be better than advocating change? 

We are looking to get on an even keel, become sustainable. That involves revenue generation and cost cutting.

 

We have a long-term habit of spending more than we earn. 

 

The consistent need of short term spend and looking for ways of financing major losses has to finish.

 

BUilding such foundations takes time.

It will be painful for those used to instants hits. At this time of year the turkey is cold, get used to it for a while yet.

 

Howling at the moon every time we drop points serves for less than nothing. From here on in I won't bother replying to you unless you are more constructive regards your demands.

Edited Monday at 10:46 by buster.

[CammyF 8,597]

6 minutes ago, Rousseau said:

Because this is realistic, 'change' is vague. I don't know what it means. 

 

It is cost-cutting because we're spending too much, as you said. The next stage is player trading. 

 

If some investor comes in tomorrow with an offer I'll get behind that, within reason.

But the accounts show we are still spending too much, they can't control it. How much did we give the manager in the summer and what did we bring in? 

 

They have overseen two projects that spiralled out of control and lied to the fanbase hours before having to go public about Ibrox not being ready. 

 

NEH was a vanity project that cosy circa £12M. That's £12M we didn't have. 

 

The work to the CR stand was long overdue and they have to be congratulated for doing this, but are due criticism for the handling of the project and the fallout from it. 

 

Change is vague and we've had our fingers burned in the past, but if we are to move forward we have to seek, find and get behind change / investment. And when I say we, I mean the board. 

 

 

[Blue Moon 1,389]

This is the match thread.  Can we have all the board stuff in another thread?

[Sutton_blows_goats 5,616]

26 minutes ago, CammyF said:

Again, that's for the board to decide. It's basically their job. 

 

I could list 100 things but can't influence them. 

 

Sell naming rights to stadium.

Sell naming rights to training complex.

Fresh sponsorship.

Better catering facilities at Ibrox.

Push for licensing for Ibrox pre-match. 

Better use of NEH. 

 

But again, it's not my job.

 

Aye, all that stuff you've listed is fine. My issue is sometimes when fans cry for fresh investment they want some Saudi prince or US based VC firm to plough in a few hundred million. Which I'm completely against, and not sure possible due to FFP,  not that it would ever happen.

[CammyF 8,597]

5 minutes ago, buster. said:

We are looking to get on an even keel, become sustainable. That involves revenue generation and cost cutting.

 

We have a long-term habit of spending more than we earn. 

 

The consistent need of short term spend and looking for ways of financing major losses has to finish.

 

BUilding such foundations takes time.

It will be painful for those used to instants hits. At this time of year the turkey is cold, get used to it for a while yet.

 

Howling at the moon every time we drop points serves for less than nothing. From here on in I won't bother replying to you unless you are more constructive regards your demands.

Hahaha - instant hits? 1 title in how many years? 

 

We've been waiting over a decade whilst witnessing failure after failure after failure by this board. 

 

I can't demand anything, I'm just a fan and shareholder holding the board accountable for a decade of failure. 

 

What's wrong with that? 

[CammyF 8,597]

1 minute ago, Sutton_blows_goats said:

Aye, all that stuff you've listed is fine. My issue is sometimes when fans cry for fresh investment they want some Saudi prince or US based VC firm to plough in a few hundred million. Which I'm completely against, and not sure possible due to FFP,  not that it would ever happen.

I've never advocated for that. Some posters seem to think that's what I want, it's not and never has been.

 

If, as a fan, I can't be allowed to hold a board accountable for a decade of failure and suggest that its time they handover control to people who'll have a better chance of fixing THEIR mess, then the games a bogey. 

[Rousseau 10,946]

A separate thread, so we can howl to our heart's content!

[Scott7 6,240]

25 minutes ago, CammyF said:

If, as a fan, I can't be allowed to hold a board accountable

You can’t as a fan. You can as a shareholder. You must propose a resolution for removal of the directors you want to get rid of. You’ll have to persuade a majority of the other shareholders to agree with you. I speculate that there is no chance of success.