Statement leaves Newco exposed

446

Newco’s statement on their management team is worthy of some consideration:

“At a meeting with the management team’s representative earlier this week the Club were advised that Mr Warburton, Mr Weir and Mr McParland wished to resign their positions and leave the Club on condition that Rangers agreed to waive its rights to substantial compensation.”

A meeting with a representative of the management team, not with the manager, and not a resignation letter.

The club went on: “The Board urgently convened to consider the offer made on behalf of the management team and its ramifications and agreed to accept it and release the trio from the burden of compensation”.

If you agree to the terms of an offer made on behalf of someone, you really, really, need to get the signature of the individuals concerned. If you fail to get an agreement signed, you don’t have an agreement. If you don’t even appear to have a verbal agreement with your members of staff, you get on with your work as though nothing has happened.

They’d better hope Warburton, Weir and McParland get another job quickly, otherwise I predict another raft of court cases to be paid for.  This is a statement which suggests the authors have left themselves exposed.

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  1. Tomorrow’s headlines:

     

    Glib to swoop for the Coach of A.C. Milanda as a direct replacement for the Bread Man!

     

    Insider reports the deal is definitely wrapped up!

  2. My point being the crowds could drop off and this would generate interest, not sure if they can charge what they like or if there is a cap on pricing .

  3. VFR800 is now a Monster 821 on

    ERNIE LYNCH on 10TH FEBRUARY 2017 11:02 PM

     

     

    Ernie, they didnae even take advice on how to construct a sentence or statement judging by its semi-literate content so I don’t think any of the half-wits involved even contemplated legal advice!

     

     

     

    KTF

  4. Sorry to digress a little……

     

    My Bhoy can’t get to the game tomorrow and looking to offload his £20 Safe Standing ticket. No reasonable offer refused. You can get me on jobobaldie@yahoo.co.uk . Can meet pre match at CQN Corner. No obligation to stand next to me as I’m not anticipating a sell out. And anyway I might wander to the other end for the 2nd half if there are plenty of available seats.

  5. VFR800 IS NOW A MONSTER 821 on 10TH FEBRUARY 2017 11:06 PM

     

     

    I suspect that statement could turn out to be very costly for them.

     

     

    All they had to say was that the three had resigned. End of.

  6. VFR800 is now a Monster 821 on

    !!BADA BING!! on 10TH FEBRUARY 2017 11:02 PM

     

     

    I have been told they cannot meet the February wage bill and need someone to step in in the next week or so.

     

     

    And as I posted earlier, Hun Media have a thread saying they can’t get by the end of March!

     

     

     

    KTF

  7. i hope they get King Kenny on to ask him if Mark Warbuton had resigned ?

     

     

    ‘Mibees Aye , Mibees Naw’

     

     

    Oh I can’t wait for Only an excuse !

  8. VFR800 is now a Monster 821 on

    WINNING CAPTAINS on 10TH FEBRUARY 2017 11:08 PM

     

     

    Aye, it’s going to be sweet no matter what happens. I got a bottle of talker dark Storm for Christmas that I was saving for a special occasions. It’s now opened!

     

     

     

    ERNIE LYNCH on 10TH FEBRUARY 2017 11:09 PM

     

     

    Yes, it smells like a whole heap of trouble ahead! The problem is liquidation gets rid of fat Mike, but can they con their gullible fans into another 3 years playing painters and postmen?

     

     

     

    KTF

  9. VFR- We have seen a lot of false dawns re Sevco going breasts north, it could happen “)) the new 5 point Admin rule will be applied…

  10. VFR800 is now a Monster 821 on

    !!BADA BING!! I thought it was 15 points – is this their new 5 way agreement?

     

     

     

    KTF

  11. MOONBEAMSWD on 10TH FEBRUARY 2017 10:51 PM

     

    The Night of the Long Loaves

     

     

     

    Copyright Starry Plough

     

     

     

    MWD :@-)))

     

     

    I baguette that first……

  12. Haha and there was me saying earlier today that

     

    MIT &Roy Croppie would save the day/blog .

     

     

    Goodnite guys dont stay up too late you have a club/team to support tomorrow . :))

     

     

    6-0 with a joker :)

  13. Ernie 11.09

     

     

    And why would that be better ?

     

     

    Would you prefer a simple sentence, or this laughable statement….. Not sure why you would have a preference ….. But why any Celtic fan would even care I can’t comprehend :-)

  14. Been assured by Arnold that

     

     

    Rangers wouldn’t do the dirty on Sir Davie

     

     

    as he is affectionately known…

  15. ROBERT TRESSELL@11-15PM

     

    Thats plain mean.

     

    To be fair to them they’ve narrowed the gap to a chasm.

  16. Here’s the rule amendment put in place 2015:

     

     

    Clubs suffering an insolvency event will have a fixed 15 point penalty with a further five points taken from their total for the very next season.

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