1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Minutes of the meeting with Jim McColl and Paul Murray

Discussion in 'Rangers FC News and Chat' started by Stubo, Oct 25, 2013.

  1. Stubo
    Offline

    Stubo DTB Supporter

    Joined:
    Nov 7, 2010
    Messages:
    6,327
    Likes Received:
    3,179
    Trophy Points:
    191
    Location:
    East Kilbride
    Meeting – Attendees – Jim McColl, Malcolm Murray & Paul Murray plus representatives from Rangers Supporters Trust, Rangers Supporters Association, Rangers Supporters Assembly and NARSA – Clyde Blowers – East Kilbride 4.00 24/10/2013

    Paul Murray gave a brief introduction on why the group represented had come together and Jim McColl listed a number of serious concerns they all shared about a lack of corporate governance and financial transparency. The purpose of the meeting however was to afford the representatives of the fans groups the opportunity to get answers to specific questions.


    • Questions had been collated under 3 Core Themes
    • Immediate Issues
    • Future Plans, Investment and Operations
    • Fan Ownership
    Immediate Issues

    The perception that amongst the fans groups represented is that there is perhaps 50% general support for the group and 50% who at this time are not :

    The hosts were asked to tell us a bit about their team and why fans should support each?

    Paul Murray and Malcolm Murray briefly explained their backgrounds much of which was seen as commonly known. The other 2 people nominated for Board positions were spoken about:

    Alex Wilson

    • Has a wide ranging skill set in Human Resource Management and Industrial Relations
    • A history of working with very senior people at a number of Blue Chip organisations
    • Extensive experience in managing operational changes at large organisations
    • Alex has multiple season tickets for Ibrox and has been a long term fan
    • Would be invaluable in building a new organisation and structure at Rangers
    Scott Murdoch

    • Has a major interest in property management
    • One of the largest portfolios in UK
    • Major involvement in the London market
    • Also operates in New York & Hong Kong
    • Has been London based for 25/30 years
    • Scott has been a lifelong Rangers fan
    • He has extensive commercial contacts in a number of global brand companies
    At this time the hosts were asked to comment on the question of securing Ibrox Stadium and Auchenhowie and if they would consider an asset lock on them?

    They confirmed they would take steps to do that – this would entail consultation with the shareholder base. They spoke about Rangers Directors being bound by a constitution established to do just that and to also constrain future Boards from for example borrowing beyond agreed levels.

    The Financial Position – there were lots of questions on this:

    • Have you a current view or a plan to do a detailed health check?
    • How serious a threat do you consider there is of Admin 2?
    • Do you envisage a short-term need for refinancing and how will you deal with it?
    • Are you for or against resolutions 9 & 10 and why?
    • Would you deal again with Ticketus?
    The hosts have detailed views on financial issues but their main concern is to create a structure at The Club led by a quality CEO. They have identified and had discussions with a suitable candidate who they believe would work with them. They have also targeted a highly credible Head of Finance.

    Making such high profile appointments will they believe gain further support from the major financial institutions invested in Rangers. They are satisfied that this will help in securing further investment if and when required. The business will have a very credible executive management who will not only look over the recent past forensically but implement robust business and financial plans.

    The football operation will be able to focus on developing the team and on the field performance.

    It was the group’s view that there is no real likelihood of a further administration nor did they see any issue over short term financing.

    Resolutions 9 & 10 are not hugely unusual but at this time they agreed with the questioners that this was not appropriate for Rangers.

    Ticketus are not part of any future plans.

    AGM –

    It was stated that Rangers fans generally feel they have a lack of information from all sides and again a number of specifics were posed:

    Have you had recent dialogue with any of the other main parties and do you envisage any of them being involved in the future?

    Daniel Stewart – yes in trying to speed up the AGM process and they are still trying to progress this. Paul Murray stated that AGM could be held somewhere other than Ibrox and has someone willing to pay for an alternate venue.

    The current Executive Directors of Rangers – not recently

    Dave King – yes and meetings are planned over the next few days. Nothing specific has yet been agreed with him.

    Martin Bain – Paul Murray has a business relationship with Martin but the group have no intention of inviting his involvement with Rangers

    Mike Ashley – not recently

    What do you think about the possibility of shares being suspended?

    Jim McColl suggested that such an action if taken by AIM would only be to protect shareholders

    What are your views on the date of the AGM?

    Disappointed that since the Court of Session ruling it seems that the current Directors are trying to delay it – they would like it to be held as soon as proper governance would allow.

    Future Plans, Investment & Operations Plans

    Members of the Rangers support many of whom are shareholders are rightly concerned to be comfortable with plans going forward and a series of questions were raised in this respect:

    Have you considered how to deal with and can you share your thinking on matters like

    • Scouting
    • Maintenance
    • Operational budgets
    • Media & PR
    Will you examine contracts entered into on such as Security, retail and catering – will you share your findings?

    Yes on both counts but that will be part of the detailed implementation of agreed business plans. The Club has suffered of late from the lack of proper plans and not having a scouting network for example. It may not be appropriate to report every change implemented by the executive management of The Club. One of the key responsibilities of a CEO will be to examine and renegotiate any contracts that are not to his satisfaction in serving the best interests of The Club.

    Have you identified and can you share info on potential future investors?

    There are a number of prospective investors. The Institutions have indicated future support if a suitable structure is put in place. A number of individuals are considered prospective investors under the same pre-requisite.

    How do you propose to get The Club back to the pinnacle of Scottish Football and playing competitively in Europe – do you have a timescale? What differentiates you and your 5-year vision from the current Directors?

    Establishing a strong management structure that gains respect and support from the market will be the first critical step.

    Fan Ownership


    • There were a lot of questions on this topic a lot of questions on this:
    • Have you already considered this issue in detail?
    • Will you publically back a fan ownership scheme – a 50+1 deal?
    • What timescale would that be likely to take?
    • Will you work with supporters to develop this concept?
    • Will you also show a care of duty to supporters like Borrusia D?
    • How quickly if/after you are elected will you devote serious reported efforts to this end?
    The intention is firmly to work towards proper fan involvement. All three of the hosts confirmed their support for this. The nitty gritty detail needs to be addressed but a future shareholder structure where Financial Institutions, High Net Worth Individuals and Individual Fans and Fans Organisations all had significant holdings would be welcomed. The group would canvass the support for input before anything was implemented.

    There is a very positive view of Rangers in the City and the relative value gap between for example Manchester United and Rangers was perceived to be considerably less than the current relative values of the businesses. Likely changes to football in Europe and North America over the next few years are likely to benefit a big club such as Rangers.

    The way German football was completely restructured over 10 years demonstrates that massive change takes time. Nobody wants or supports extensive borrowing by The Club – that model has clearly and consistently been proved to be a seriously flawed one.

    The group stated that they want to build trust between the Board and all of the stakeholders in The Club and they believe the best way to do that is by appointing quality people. They stated that doing that (and reiterated that they believe they have identified such individuals) ensures financial support will follow.

    Close

    Jim McColl, Paul Murray & Malcolm Murray stated that they have dealt with all sorts of blockages but that they have and will stick with their plans to introduce changes. They welcome future dialogue and involvement with Fans. They want to re-establish Rangers as the most successful Club in Scotland but to do it on a sustainable basis.

    They want the AGM to proceed as soon as possible.

    It was agreed that minutes of the meeting would be produced as quickly as possible – approved by the attendees and circulated amongst the Rangers support.

    http://www.therst.co.uk/qa-summary-of-meeting-with-jim-mccoll/
  2. Jako
    Offline

    Jako DTB First Team Sub

    Joined:
    Jul 22, 2012
    Messages:
    1,358
    Likes Received:
    988
    Trophy Points:
    111
    Cheers for that Stubo !
  3. blue heaven
    Offline

    blue heaven DTB First Team Sub

    Joined:
    Aug 20, 2012
    Messages:
    1,502
    Likes Received:
    687
    Trophy Points:
    111
    Gender:
    Male
    Why didnt anyone ask them why they didnt purchase the shares at the start and why didnt they purchase the shares offered by charles green ?
    allysonm, Karl in SC and rangers77 like this.
  4. true_blue
    Offline

    true_blue DTB First Team Sub

    Joined:
    Aug 15, 2008
    Messages:
    2,631
    Likes Received:
    236
    Trophy Points:
    81
    Location:
    In a Dark Cupboard Under the Stair in PERTH.
    cheers stubo, can I steal this.
  5. powerranger
    Online

    powerranger DTB First Team Regular

    Joined:
    Jan 15, 2009
    Messages:
    4,396
    Likes Received:
    1,325
    Trophy Points:
    166
    Location:
    Moodiesburn
    Cheers mate. They'll do for me.
  6. blue-c
    Offline

    blue-c The Boss Staff Member

    Joined:
    Dec 27, 2006
    Messages:
    17,980
    Likes Received:
    899
    Trophy Points:
    316
    Gender:
    Male
    Location:
    Highlands
    because they didn't want to pay over the odds and give him even more money that could otherwise be used for the good of Rangers maybe?
    rangers77 likes this.
  7. gustuan
    Offline

    gustuan DTB First Team Sub

    Joined:
    Nov 19, 2012
    Messages:
    1,587
    Likes Received:
    1,955
    Trophy Points:
    111
    Gender:
    Male
    Location:
    East Coast, Scotland
    OK that's the first step. I'll wait for the fine print and assurances and of course the results in print. The other interested parties, Dave King, the Easdales , are also entitled to be given a fair hearing. and must be given the same opportunity to put their case forward for deliberation. Let us make it absolutely sure the Supporters reps. commit to nothing until supporters are shown concrete evidence as to how our club is going to be MANAGED , all aspects.
    douglasb, Karl in SC and phil50 like this.
  8. "Themoodybloo"
    Offline

    "Themoodybloo" "Sgt Grumpy"

    Joined:
    Apr 8, 2012
    Messages:
    3,448
    Likes Received:
    3,232
    Trophy Points:
    136
    Gender:
    Male
    Location:
    Blantyre,but would prefer prague.
    Beat me to it.
  9. D!ESELB3AR
    Offline

    D!ESELB3AR DaFuQ

    Joined:
    Mar 1, 2013
    Messages:
    5,709
    Likes Received:
    4,742
    Trophy Points:
    131
    Location:
    shite hole scotland
    Why was there not a rep from DTB present ?? we speak for a large group as the opinions in this forum will tell. . DTB 4 the Board !!!
    Last edited: Oct 25, 2013
  10. gustuan
    Offline

    gustuan DTB First Team Sub

    Joined:
    Nov 19, 2012
    Messages:
    1,587
    Likes Received:
    1,955
    Trophy Points:
    111
    Gender:
    Male
    Location:
    East Coast, Scotland
    TMB :blush::blush::devil: Sorry:wink: but great minds think alike:myarse:
    --- Double Post Merged, Oct 25, 2013, Original Post Date: Oct 25, 2013 ---
    TMB do you not find it strange that this all important meeting was held at the premises of Mr McColl. Surely as the ball is in the court of Supporters Reps. why was it not held in a venue of their choice and if that was unacceptable to the other party then a neutral venue had to be the meeting place. Who does their thinking?? sure as hell ain't a Pro.
  11. bearforlife
    Offline

    bearforlife ROARRRRRR

    Joined:
    Jul 18, 2012
    Messages:
    1,460
    Likes Received:
    778
    Trophy Points:
    111
    Location:
    clydebank
    Only speed read it, so apologies if I missed it but..

    They aren't putting any actual MONEY into rangers? So, Murray gets what he's wanted for 18 months and all for the total price of FUCK ALL?
    I don't fukkin buy into this pish. there are fans out their that have put more into Rangers than these guys ever will.
  12. brian1957
    Offline

    brian1957 DTB Supporter

    Joined:
    Jun 30, 2012
    Messages:
    336
    Likes Received:
    266
    Trophy Points:
    106
    Gender:
    Male
    Location:
    livingston
    Maybe a PROstitute.
  13. truebritjack
    Offline

    truebritjack DTB First Team Sub

    Joined:
    Jan 28, 2012
    Messages:
    3,136
    Likes Received:
    5,878
    Trophy Points:
    111
    Give me just 2 mins wi McColl......go on please just 2......one even..
    rangers77 and brian1957 like this.
  14. brian1957
    Offline

    brian1957 DTB Supporter

    Joined:
    Jun 30, 2012
    Messages:
    336
    Likes Received:
    266
    Trophy Points:
    106
    Gender:
    Male
    Location:
    livingston
    Take your time with him m8 no rush.
    truebritjack and rangers77 like this.
  15. true_blue
    Offline

    true_blue DTB First Team Sub

    Joined:
    Aug 15, 2008
    Messages:
    2,631
    Likes Received:
    236
    Trophy Points:
    81
    Location:
    In a Dark Cupboard Under the Stair in PERTH.
    This is what I have be telling everyone for months, they are NOT going to put money into the club so why the fvck would supporters groups vote or want them in as they are just in it to see what they can get out of the club, i.e Green, Mather, Stonebridge etc. We need people who are going to put money into the club NOT take it. I am fkn sick of saying this.
    rangers77, ibroxteddybear and gustuan like this.
  16. gordierfc
    Offline

    gordierfc Suspended

    Joined:
    Sep 29, 2012
    Messages:
    1,759
    Likes Received:
    2,200
    Trophy Points:
    111
    If that's clarity maybe I need more time off. It seems to me that it's about the same as Green said when he came in except he said it to everyone not just the select.
    I do have a major problem with PM, always have, I keep expecting him to try and sell me a used car.
    Unfortunately I think they are going to get control of the club and dignified silence will reign again.
    Bugger
    Karl in SC, gustuan and rangers77 like this.
  17. Alec
    Offline

    Alec DTB Reserve player

    Joined:
    Jun 12, 2010
    Messages:
    263
    Likes Received:
    220
    Trophy Points:
    61
    Gender:
    Male
    Location:
    Kirkcudbright
    Wow. So many folk are failing to grasp the structure of the business, actually any business - the difference between boardroom changes and ownership changes etc. I can't think of many businesses that have been floated with a board made up of investors. You keep demanding that the board members invest in the club, why? Normally most large business will be collectively owned by numerous parties and investors, most seeking to make a profit from their investment. They then choose a board who they believe will help the business prosper and deliver a good return for them. Murray and McColl are essentially doing this pitch to the investors, who will ultimately decide if they believe they can take the club forward. What is so hard to grasp about that? We had one owner(SDM) in recent years who had overall control and essentially appointed a board himself. Perhaps this is where you are all getting confused. Back to business school for the lot of you.
  18. D!ESELB3AR
    Offline

    D!ESELB3AR DaFuQ

    Joined:
    Mar 1, 2013
    Messages:
    5,709
    Likes Received:
    4,742
    Trophy Points:
    131
    Location:
    shite hole scotland
    Dunno about McColl .... he had his chance and now is doing exactly what the others did ... he used the mhedia to hound out green to get a cut above the others on the board ... his underhandedness to oust the previous board was shocking and dragged us to a new low .. M&M dragged us to the bottom befor hand and now we are meant to just sit up and take notice coz its all for te greater good ??

    Really ??

    Well McCol dunno what yer plans are but hear this ...

    No more shall you come forward as we crawl slowly back ya can shove yer independance coz were keeping our Union Jack !!! :uk:
  19. ibroxteddybear
    Offline

    ibroxteddybear DTB First Team Sub

    Joined:
    Jan 16, 2010
    Messages:
    1,698
    Likes Received:
    1,397
    Trophy Points:
    111
    Gender:
    Male
    Location:
    Glasgow
    Alec, most people do understand how that in most cases investors select a board to progress the business for them.
    The issue for me and I believe most other DTB members is that the 2 Murray's and McColl profess a deep dying love of Rangers. Rangers needed those who love her to invest, most fans have invested in whatever way they can spending what they can afford and possibly even what they maybe shouldn't try to afford on season tickets, share issue, merchandice etc. Meanwhile the 3 amigos have spent very little of their wealth and intend to spend even less in the future whether that be as board members or as plain old Rangers loving supporter. That isn't the only problem for me with them, I have no issue that they have concerns (all Rangers fans do) on how the club is being run presently and has been in the recent past, they feel they must act but it is how they have went about trying to achieve their aim.They don't want to buy the shares ( they say cause they don't want to line the pockets of those who bought at the time of the share issue) from CG etc well they had the same chance as everyone else at that time but they chose not to spend any or very little of their own cash on shares,the very shares that would have given them the credance and right to a say in how the club is run. They are the people behind our proud clubs good name being dragged through the gutter.
    There was a proper way to reach their goals and their way was/ is the wrong way and most certainly not The Rangers way.
    true_blue, gustuan, douglasb and 3 others like this.
  20. brian1957
    Offline

    brian1957 DTB Supporter

    Joined:
    Jun 30, 2012
    Messages:
    336
    Likes Received:
    266
    Trophy Points:
    106
    Gender:
    Male
    Location:
    livingston

    Most folks don't really give a shit about who is on the board of companies, but Rangers is not just a company ,its a way of life its personal, its so much more than making money to a supporter. The majority of our clubs support never went to business school in the first place (me included).But I would guess that someone who does invest and gets on the board would be a hell of a lot more motivated to be successful than someone who has nothing to lose.
  21. Bigcid1975
    Offline

    Bigcid1975 DTB Supporter

    Joined:
    Mar 17, 2009
    Messages:
    1,581
    Likes Received:
    604
    Trophy Points:
    131
    Gender:
    Male
    Location:
    Scotland
    Thank god someone with some brains ok Paul Murray and Jim McColl aren't going to invest in the club with their own money but they are willing to put in as many hours as it takes to take Rangers back to the top of the Scottish game and back on to the European scene thats where i want to see us and i don't doubt thats where these guys want to see us as well.

    If they Paul Murray and Jim McColl bring in massive investment with the contacts they have the club and its shareholders will make a substantial profit Put it this way the idiots running the asylum just now will not get any more investment from the institutional investors that has been made very clear. Also have you heard anyone in the business world say a bad word against Paul Murray or Jim McColl no why is that because they are good at what they do making large companies plenty of money.
    Last edited: Oct 25, 2013
    walt1873 likes this.
  22. walt1873
    Online

    walt1873 DTB Reserve player

    Joined:
    Apr 21, 2011
    Messages:
    186
    Likes Received:
    157
    Trophy Points:
    61
    You would think that those that invested would be more motivated to be successful but if you think about the board members that invested and then took huge payouts would maybe suggest otherwise
    mehighlander and Bigcid1975 like this.
  23. Alec
    Offline

    Alec DTB Reserve player

    Joined:
    Jun 12, 2010
    Messages:
    263
    Likes Received:
    220
    Trophy Points:
    61
    Gender:
    Male
    Location:
    Kirkcudbright
    Initial investors who made it onto the board may have been motivated for all the wrong reasons - greed, personal gain...? The best thing that could happen is that we get some genuine Rangers fans on the board. Anyone who is put forward by an investor(for example a hedge fund) is not interested in where the club is going long term, but in what return they can get. They don't give a monkeys shit about fan ownership or protecting our assets, they want cash. Paul/Malcolm Murray and McColl offer something different. They carry respect in the business world as well as being Rangers fans. Does anyone else have any suggestions of other people(Rangers fans) who would a. gain the trust of the investors b. put the interests of the club first c. be prepared to take on such an invasive role? Unless someone like Dave King gets involved and manages to take a majority shareholding through a new share issue, we will struggle to get a board remotely interested in us long term. Either way, it's irrelevant as supporters don't have a large enough shareholding to decide. It looks like the people who were prepared to "put their money where their mouth is" will get to choose. Reputable folk like Sandy/James Easdale and Craig Mather. Score.
    mehighlander and Bigcid1975 like this.
  24. walt1873
    Online

    walt1873 DTB Reserve player

    Joined:
    Apr 21, 2011
    Messages:
    186
    Likes Received:
    157
    Trophy Points:
    61
    Mccoll never said he wanted on the board has he?! i know the "if i had his money" but the fact is we dont! he isnt investing he may do we dont know but one thing is fuckin sure the man knows how to run a business and if hes willing to help with no strings then i for one would welcome him aboard at this time we need all the help we can get. dont agree with his independence views tho! (side issue!)
    Alec and Bigcid1975 like this.
  25. D!ESELB3AR
    Offline

    D!ESELB3AR DaFuQ

    Joined:
    Mar 1, 2013
    Messages:
    5,709
    Likes Received:
    4,742
    Trophy Points:
    131
    Location:
    shite hole scotland
    its always about money .... or the bastards wouldav put in a decent bid with lord walter n co when they had the chance .. or anyone of them so called have this club @ heart men ... fact we right now are fk all but sheep to these spivs ... King who lost 20 mill and says look this is my club here is my sleeve ... it is true blue ... But the suits now treat us like fkn idiots and they have the so called FANS reps onboard // tamed .. i was never a season ticket holder befor the crash i am now as i wanted to help my club and done what i could and still will ... i make fuck all from it apart from memories and some hangovers ... some of ya have shares and have no say some of ya have been at Ibrox for fk knows how long n have no say .... McColl n Co mean fuck all to me i havent a clue what the plan is but when ya missed yer chance and then turn ont he club to gain control of it is much like injecting yerself with a virus and hoping ya find a cure befor ya fuckin die!!
  26. brian1957
    Offline

    brian1957 DTB Supporter

    Joined:
    Jun 30, 2012
    Messages:
    336
    Likes Received:
    266
    Trophy Points:
    106
    Gender:
    Male
    Location:
    livingston
    Agree with you, but they are not board members now .just don't think M &M are the answer to our prayers
    walt1873 likes this.
  27. ibroxteddybear
    Offline

    ibroxteddybear DTB First Team Sub

    Joined:
    Jan 16, 2010
    Messages:
    1,698
    Likes Received:
    1,397
    Trophy Points:
    111
    Gender:
    Male
    Location:
    Glasgow
    Strangely enough McColl and the Murray's want to decide how the club is run without following the quote above.
    If they get on the board can we asume they won't take a penny in wages as they are Rangers men who love the club. Can we also assume their choice of CEO and FD will be on a lot less than our last CEO and our present FD.
    Aye, that 'll be right
  28. brian1957
    Offline

    brian1957 DTB Supporter

    Joined:
    Jun 30, 2012
    Messages:
    336
    Likes Received:
    266
    Trophy Points:
    106
    Gender:
    Male
    Location:
    livingston
    They had the chance to buy the club, did not see any massive investment back then.
  29. Bigcid1975
    Offline

    Bigcid1975 DTB Supporter

    Joined:
    Mar 17, 2009
    Messages:
    1,581
    Likes Received:
    604
    Trophy Points:
    131
    Gender:
    Male
    Location:
    Scotland
    Why can't you grasp the fact these guys would have been lining not just Craig Whytes pockets But Charles Green and Imran Ahmeds as well even if they had invested substantial sums in Rangers Charles Green, Ahmed, Stockbridge and Co would have just taken more bonuses and bigger wages Rangers wouldn't have benefited from their investment anyway.
    Remember Ahmed is currently trying to take the club to court for anything between £3.000.000 to £300.000 with the backing of Charles Green I'm sure when there is another share issue which there will most definitely be Paul Murray and Co will not have a problem investing in the club as long as the right people are at the helm.

    I will ask you the same question i have been trying to ask Bill McMurdo for about two weeks now do you think that board put together by Charles Green have done a good job with the funds that have been raised in the last two years and would you trust that board with your life savings? Tae fuck i would give them my money.
    --- Double Post Merged, Oct 25, 2013, Original Post Date: Oct 25, 2013 ---
    Actually Paul Murray already stated he hasn't taken a penny out of Rangers I'm Sure if that had been a lie the media and the Murray haters would have been all over that like a rash and i think the CEO and FD will be payed on a performance basis the more money they bring in to the club the better they get paid an incentive bonus probably but with less wages than Stockbridge and Mather.
    --- Double Post Merged, Oct 25, 2013 ---
    Actually Paul Murray already stated he hasn't taken a penny out of Rangers I'm Sure if that had been a lie the media and the Murray haters would have been all over that like a rash and i think the CEO and FD will be payed on a performance basis the more money they bring in to the club the better they get paid an insentive bonus probably but with less wages than Stockbridge and Mather.
    Brian there was a potential tax bill in the tens of millions we are covering old ground here these guys don't burn money they make it are you going to tell me the usual rubbish that if they are real Rangers men then the money shouldn't have mattered or if i had £1.000.000.000 in the bank i would have thrown it at the club come on we are all big boys here that isn't real life.
    walt1873 likes this.
  30. D!ESELB3AR
    Offline

    D!ESELB3AR DaFuQ

    Joined:
    Mar 1, 2013
    Messages:
    5,709
    Likes Received:
    4,742
    Trophy Points:
    131
    Location:
    shite hole scotland
    Fact ... your saying each one of them are now Loyal to the core as you are to defend them .. im still on the fence i just cant see what most see purely on basis that i see us being treated like shite .. and now our knight is the fkr/fkrs who got us in shit 1st time round ??? why not invite whyte back shit mix it more .??? im just ssaying keep yer eyes on them and a clear mind .. we have more fkn enemies now than islam !!
    rangers77 likes this.
  31. brian1957
    Offline

    brian1957 DTB Supporter

    Joined:
    Jun 30, 2012
    Messages:
    336
    Likes Received:
    266
    Trophy Points:
    106
    Gender:
    Male
    Location:
    livingston

    Sorry m8 but that don't wash either, Paul Murray wanted Rangers then, and if his bid with Brian Kennedy had been accepted the Big tax bill would have been there, so what would he have done if it had gone against us?
  32. truebritjack
    Offline

    truebritjack DTB First Team Sub

    Joined:
    Jan 28, 2012
    Messages:
    3,136
    Likes Received:
    5,878
    Trophy Points:
    111

    I already run & own 2 businesses. Doesnt change my perception of these wannabees in the slightest. They want to walk into a ready made business & take all the plaudits....for what? Telling everyone & their granny whats good for us? They can F off & preach to the fools who fall for their "patter".
  33. Bigcid1975
    Offline

    Bigcid1975 DTB Supporter

    Joined:
    Mar 17, 2009
    Messages:
    1,581
    Likes Received:
    604
    Trophy Points:
    131
    Gender:
    Male
    Location:
    Scotland
    Actually Paul Murray already stated he hasn't taken a penny out of Rangers I'm Sure if that had been a lie the media and the Murray haters would have been all over that like a rash and i think the CEO and FD will be payed on a performance basis the more money they bring in to the club the better they get paid an insentive bonus probably but with less wages than Stockbridge and Mather.
    Brian there was a potential tax bill in the tens of millions we are covering old ground here these guys don't burn money they make it are you going to tell me the ususl crap that if they are real Rangers men then the money shouldn't have mattered or if i had £1.000.000.000 in
    Diesel the fact is if these guys had purchased said shares at the initial stage of the IPO Charles Green would have taken their money and gave them the shares at 1p a share for a large invetsment. The fact is they could have made a killing on the Rangers flotation but choose not to get involved proabably Knowing that Green and Co where going to waste the funds available to them thus seriously hurting the clubs progress.
    --- Double Post Merged, Oct 25, 2013, Original Post Date: Oct 25, 2013 ---
    Their bid was dependent on David Murray taking on the big tax bill if it went against the club.
  34. brian1957
    Offline

    brian1957 DTB Supporter

    Joined:
    Jun 30, 2012
    Messages:
    336
    Likes Received:
    266
    Trophy Points:
    106
    Gender:
    Male
    Location:
    livingston
    Their bid was dependent on David Murray taking on the big tax bill if it went against the club.[/quote]

    Meaning it was never a realistic bid.
    mehighlander and rangers77 like this.
  35. Bigcid1975
    Offline

    Bigcid1975 DTB Supporter

    Joined:
    Mar 17, 2009
    Messages:
    1,581
    Likes Received:
    604
    Trophy Points:
    131
    Gender:
    Male
    Location:
    Scotland
    truebrit you say you run 2 businesses can i ask then before Craig Whyte got his hands on the club debt had been reduced by the board from £30.000.000 to £18.000.000 was this debt in your opinion sustainable by a club the size of Rangers?
  36. truebritjack
    Offline

    truebritjack DTB First Team Sub

    Joined:
    Jan 28, 2012
    Messages:
    3,136
    Likes Received:
    5,878
    Trophy Points:
    111

    Yes imo
    mehighlander and rangers77 like this.
  37. Bigcid1975
    Offline

    Bigcid1975 DTB Supporter

    Joined:
    Mar 17, 2009
    Messages:
    1,581
    Likes Received:
    604
    Trophy Points:
    131
    Gender:
    Male
    Location:
    Scotland
    Meaning it was never a realistic bid.[/quote]

    Turns out it was very realistic we won the tax case but it would have been stupid and irresponsible to gamble your lively hood on it.
    rangers77 likes this.
  38. rangers77
    Offline

    rangers77 Girlies

    Joined:
    Jul 31, 2012
    Messages:
    2,797
    Likes Received:
    1,804
    Trophy Points:
    111
    Turns out it was very realistic we won the tax case but it would have been stupid and irresponsible to gamble your lively hood on it.[/quote]
    That's a very good point Bigcid, the mhedia campaign was to blame and the impartial :raging::raging: governing cabal. Hindsight is wonderful but no one was sure of the outcome
  39. Bigcid1975
    Offline

    Bigcid1975 DTB Supporter

    Joined:
    Mar 17, 2009
    Messages:
    1,581
    Likes Received:
    604
    Trophy Points:
    131
    Gender:
    Male
    Location:
    Scotland
    Then why blame Paul Murray for what happened Craig Whyte was always going to put the club into administration that was always his intention there wasn't a thing Paul Murray or that board could do to stop him agreed.
  40. brian1957
    Offline

    brian1957 DTB Supporter

    Joined:
    Jun 30, 2012
    Messages:
    336
    Likes Received:
    266
    Trophy Points:
    106
    Gender:
    Male
    Location:
    livingston
    Lloyds shit themselves, that forced Murray to sell. That debt was manageable. It was the tax case that was unmanageable. No one knew how that would go.
    Alec likes this.
  41. truebritjack
    Offline

    truebritjack DTB First Team Sub

    Joined:
    Jan 28, 2012
    Messages:
    3,136
    Likes Received:
    5,878
    Trophy Points:
    111

    I have never blamed P. Murray for anything...other than running to our media haters & bringing McColl into things.

    The problem I have with these two is .......they are systematically attempting to destroy any last semblence of respectibility Rangers have in order to further their own personal cause...Whatever that may be because they have told us nothing.
  42. rangers77
    Offline

    rangers77 Girlies

    Joined:
    Jul 31, 2012
    Messages:
    2,797
    Likes Received:
    1,804
    Trophy Points:
    111
    For me that is the only point I can agree to with any certainty. I would love them to be all that and maybe I am just to old in my thinking and can remember when our club conducted business with dignity. From the beginning and throughout the David Murray era Rangers always had respectability in the business world. Anything else I am with Diesel I do not know enough
    truebritjack likes this.
  43. "Themoodybloo"
    Offline

    "Themoodybloo" "Sgt Grumpy"

    Joined:
    Apr 8, 2012
    Messages:
    3,448
    Likes Received:
    3,232
    Trophy Points:
    136
    Gender:
    Male
    Location:
    Blantyre,but would prefer prague.

    Havnt read the minutes yet as just in from work,i wouldn't say strange exactly as there are three supporters groups not really singing in harmony at the best of times and really who would pay for a venue, so they got a freebie at Mr McColls place....i just want this charade over and done with so we ALL get our club back.
    Off for a wee coffee now and to read these minutes...
    Bigcid1975 likes this.
  44. Bigcid1975
    Offline

    Bigcid1975 DTB Supporter

    Joined:
    Mar 17, 2009
    Messages:
    1,581
    Likes Received:
    604
    Trophy Points:
    131
    Gender:
    Male
    Location:
    Scotland
    Thats my point Brian there wasn't a thing that the board could do to stop what happened but maybe it suits other peoples agenda to let Paul Murray and that board to take the blame because they where actually doing a good job we where on the back of three in a row with a reduced and managable debt.
    Alec likes this.
  45. "Themoodybloo"
    Offline

    "Themoodybloo" "Sgt Grumpy"

    Joined:
    Apr 8, 2012
    Messages:
    3,448
    Likes Received:
    3,232
    Trophy Points:
    136
    Gender:
    Male
    Location:
    Blantyre,but would prefer prague.

    Union flag diesel.....flag...union jack is for flying on naval ships.....pedantic loyal....:upye:

Share This Page