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    Comment on Accountability via Transparency. by Cluster One.

    Back in Feb 13, 2014 their stake was 0.86 per cent.
    ……….
    With 10.7% of the shares, Club 1872 is the 2nd largest shareholder in Rangers International Football Club PLC
    …………..
    Club 1872 will be diluted by the forthcoming debt for equity swap, but to 6.38% and not 4.05%
    …………….
    What goes up must come down. So not much hope of that hold 5 per cent with a right to call an AGM.
    https://mobile.twitter.com/ClusterOne2/status/1134566722084704256/photo/1
    ………………….

    Bruce Taylor: That is quite important because there will be future share issues and this is not just about raising capital on one occasion. It is about, as Rangers improve and the value of Rangers increases, there will be a need to subscribe more and invest more.

    We, as Club 1872, need to be a strong position to support each one of those share campaigns. We want to protect our members’ investments and donations and show our members that we can do that. That is an important part of Club 1872.
    HAVE YOU HAD ANY FEEDBACK FROM RANGERS WITH REGARDS TO HAVING A REPRESENTATIVE ON THE BOARD? HOW CONFIDENT ARE YOU THAT WILL HAPPEN?
    LF: The long-term goal has always been 25 per cent, plus one share. I think that supporters understand that fan representation and fan investment go hand in hand so those are our two key goals.
    ……………..
    It’s not going well then.

    Cluster One Also Commented

    Accountability via Transparency.
    Jingso.Jimsie 22nd June 2019 at 11:08
    9 0 Rate This

    Rather long piece by Martin Williams in the Herald about RIFC challenging Mr. Justice Persey’s findings:
    …………………….
    High Court judge Lionel Persey said he had “no hesitation” in rejecting Rangers’ approach over changing certain rights in their agreement.

    His judgment came as it emerged that the Rangers Megastore at Ibrox, which is run by Sports Direct as part of their agreement was shut down over a week ago.
    Mr Persey said Rangers wished to rewrite or amend some of the payment terms in the agreement but said: “There is no basis for it to do so unless SDIR agrees.”
    ………………
    That is a challenge right enough.
    …………..
    The club and SDIR had agreed that the Mike Ashley company does have the right to distribute, market, advertise, promote, offer for sale or sell the official Rangers kit under the further agreement. The ruling stated that Rangers objected to three of Sports Direct’s amendments based on that understanding. But Mr Persey said that he considered there was no substance to the objections.
    The duration of the contract was two years, commencing August 1, 2018.
    ……………………….
    Just how king can spin the latest to the gullibles to get them to run up the steps i can’t wait.
    https://mobile.twitter.com/ClusterOne2/status/1142511486369226754?p=v


    Accountability via Transparency.
    Corrupt official 21st June 2019 at 19:52
    If, and when….Celtic win 9 IAR I imagine the following season when Celtic are attempting 10, that would be the optimum time to put it to the fans to dig deep. ,
    …………………
    Dig Deep to stop 10 in a row slogan would be even too embarrassing for them to come out with. To do that would underline they are not equal to celtic but in their shadow,and it is not about the ibrox club going for their first title but all about the ibrox club stopping celtic going for ten.


    Accountability via Transparency.
    Thanks again to the court guys.laugh


    Recent Comments by Cluster One

    Bad Money?
    Rangers would also like to reassure supporters that no steps have been taken to stop supporters being able to buy this Season’s Replica Kits.
    ………………..
    Yes buy more of this seasons replica kit as it will show how much more money Ashley has missed out on. Great move from an idiotic board.


    Bad Money?
    https://www.bbc.co.uk/news/uk-scotland-glasgow-west-49089986
    Rangers face major bill after Sports Direct court defeat
    The judge also threw out Rangers’ request for any payment to Mike Ashley’s company to be limited to £1m.


    Bad Money?
    easyJambo 23rd July 2019 at 21:23
    Rangers was disappointed by the terms of the recent court Judgment but respects the decision of the court and will meet any financial award made by the court.
    No such award has yet been decided and at this stage Rangers does not even know how much will be sought.
    ……………….
    If you don’t know how much will be sought, how do you know you can meet any award that is made?


    Bad Money?
    Ps. has king released a statement yet?

    He is often quick off the mark with a statement any other time.

    The smsm articles are running with. Rangers were contacted. And that is it.

    No rangers were contacted and no comment or rangers were contacted and everyone was away on holiday


    Bad Money?
    Ex Ludo 23rd July 2019 at 19:13
    6 0 Rate This

    I was wrong about the Scottish media not running with this latest Rangers debacle. It must really be serious this time.
    ……………..
    Just how many woke to the headlines rangers must pay Ashley millions. And had a step back in shock?
    But, but i thought we got rid of Ashley they will say.
    How did this happen?
    I never heard anything that this was going to happen.
    Has king released a statement yet?
    How did we fans not know?
    ………..
    If some of the smsm are now running with it,
    It must really be serious this time.