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    Comment on Bad Money? by Cluster One.

    easyJambo 7th August 2019 at 00:06
    so more than enough to vote through anything they want.
    ……………….
    Could that include a nice pay rise, a renaming of ibrox, selling off some assets?
    ….

    Enough to vote through anything they want.And would i be correct in saying (and happy to be corrected)that club 72 shareholding is now so low that they now can’t call an EGM if king and co start to vote through anything they want and the fans start to not like what they (king and co) are voting through.

    Cluster One Also Commented

    Bad Money?
    easyJambo 7th August 2019 at 13:45

    …………….
    I believe that the haste is which the conversions were carried out makes it likely that UEFA had insisted on the debt reduction as conditional to the granting of UEFA licences over the last two seasons. UEFA does not allow for excessive losses to be covered by loans under FFP rules, although equity investments are acceptable.
    ……………..
    My thoughts also. I believe that the haste in which the conversions were carried had a reason for said haste. And makes it likely as you say UEFA had insisted on the debt reduction as conditional to the granting of UEFA licences.
    If Ashley hits them with a large bill and things don’t go too well on the pitch, and the money just is not coming in that they hoped.
    Just how many are willing to give loans for a debt for equity swap to get the granting of a UEFA licence?
    If they qualify next season that is.


    Bad Money?
    easyJambo 7th August 2019 at 11:43
    ………………..
    Thanks for clarification.
    ………….
    Club 1872 now holds approx 6.4% of RIFC shares. You only need 5% to raise a motion at a GM or AGM.
    ……………
    Any more dillution to less than 5% and they can’t(even with the money they have spent) and they won’t be able to raise a special motion.And if they had 5% and wanted to raise a special motion for any reason, king and co hold enough power to block any special motion if raised.
    Am i on the right track?


    Bad Money?
    easyJambo 5th August 2019 at 21:14
    ……………
    More of a rush than a crush.


    Recent Comments by Cluster One

    In Whose Interests
    Timtim 19th September 2019 at 09:15
    40 4 Rate This

    Alan Brazil has said on radio that there is a major problem at the top at Ibrox with owner in big trouble , would all come out soon.
    Timtim 19th September 2019 at 16:48
    11 1 Rate This

    The way Brazil is talking it sounds like an unknown matter and the Ashley situation is already in the mainstream
    ………………..
    If not the Ashley situation how would Alan Brazil be privy to what is going on with king? and the goings on behind ibrox doors.
    If Mr Brazil has said there may be trouble ahead, has he been told to leak this news?


    In Whose Interests
    Jingso.Jimsie 16th September 2019 at 11:08
    12 6 Rate This

    @ Cluster One 15th September 2019 at 20:43:

    I’m struggling to think of a RRM (ex-player or manager of RFC/TRFC, as it may be time for the Boards of RIFC & TRFC to ‘circle the wagons’) who would be qualified to be (or would want the position of) DoF at Ibrox.
    https://rangers.co.uk/news/headlines/mark-allen-appointed-dof/
    “He is a man of vision who has achieved great success with Manchester City’s Academy. He has excellent contacts in football but also the business world and he will be a great asset to Rangers.
    “We said we would not rush into an appointment as we wanted the right candidate and we feel Mark is the best man for the job. We look forward to working with him closely in the years ahead in what will be an important role at the Club.”
    ……………………
    Big shoes to fill whoever gets the gig and there first job will be to try and offload a few at ibrox.Maybe they are just taking their time not to rush into an appointment as they want the right candidate. Who would take it though?


    In Whose Interests
    upthehoops 15th September 2019 at 19:48
    I have to admit I love a good conspiracy theory, especially when at a loose end on a Sunday night,
    So it has not escaped my notice that some theories on Mark Allen’s surprise departure from Ibrox are emerging on social media.
    ………………….
    The bigger surprise that i have not seen asked is will he be replaced?
    Down ibrox way they like a good comparison and a link to some name that they have no hope of getting over the ibrox threshold.So far no link to anyone, very strange as this gets the smsm free reign to link the ibrox club to anyone and everyone and fills the back pages.


    In Whose Interests
    finnmccool 11th September 2019 at 01:15
    We all know the importance of the message regarding sporting integrity. But without other content to engage Scottish football fans, this message will never get across.

    Where are the League tables? Where are the links to match reports, fan websites, relevant news stories, the SFA financials, the SPFL website? Just for a start. I could go on. And on.

    If you build it, they will come. As Confucius said.
    …………………
    Here is a link to how the ibrox saga was reported (and some not reported) at the time.(2012 to still updating)A lot of scrolling back, but my God some of the things you forget.If the SFM can use it, very happy to oblige, if it is of any use to readers.
    https://twitter.com/ClusterOne2/media?lang=en
    ……………
    Hope it works.


    In Whose Interests
    Finloch 12th September 2019 at 14:22
    But you can be sure they will do everything they can to protect their own share of the gravy train that comes from being a senior blazer at the SFA.
    …………..
    Good post.
    And in that part is what is wrong with the whole of scottish football,protecting their own part of the Gravy train.
    In 2012 and before part of that gravy train looked to be heading to the buffers, when that happens the wagons are circled to protect the carriage.
    Lies and dammed lies are produced to protect ones easy life. Even if it damages the game they are men’t to protect. With the mindset if i do a favour here, it does not matter if it goes wrong as someone will do me a favour down the line.
    What we need is a clear out.
    And what we need is transparency of who does what, how much they are costing the game, what they do for their money, how many freebies do they get, what they have done on a monthly basis to improve our game. And a low down of expenses by each individual.
    But as we know these things will never happen as no one in authority wants to upset the gravy train.