I can’t tell you how many statements I’ve read from those trying to bring down Newco Rangers (bonne chance) but not one comes near to approaching the key question: what can they offer the the men and women who own shares in Newco to convince them to accommodate their future aspirations?
Threats, intimidation and blackmail are all possible incentives, but no one has actually put a case forward which would compensate the investment made by the shareholders who, let’s remember, own all club assets.
An enormous assumption appears to have been made that hedge funds and various Easdales will capitulate and simply walk away and sign their paid-for assets over to a group who are regularly abusive towards them. It’s like 2012 all over again, when parts of the world assumed HMRC would capitulate and agree to a CVA for Oldco, despite all genuine evidence (i.e. published policy) indicating otherwise.
Game Theorists would have a ball with this scenario. Shareholders are being offered a choice, hand over your assets to a hostile opponent or attempt to continue with a vastly reduced business. The former option should not be taken seriously.
Question is, where does this particular game end? It’ll not be in an outcome satisfactory to many of those dreaming of ‘competing with Celtic’ anytime soon.
This mind-set should be familiar. It’s the same one which blamed Celtic, or small-minded small clubs, the SPL and/or SFA, blamed anyone, in fact, apart from those who endorsed years of overspend at Rangers, for their eventual demise.
Walking headlong into unsustainable debt is no different than walking headlong into a conflict with hedge funds who would sell your valued acre for landfill rather than be held to ransom.
I’ll renew my season tickets tonight (still annoyed I didn’t do so in time for the free ticket draw). Whatever happens in the wider scheme of Scottish football, one club will be supported ‘through and through’.
Yogi Bare – The John Hughes autobiography:
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Tiny tim neither do I. Read a couple of posts above. He is a creep.
BITTER TOGETHER / DAILY RANGER
More Scaremongering
This time it ‘s those nasty foreigners!
Earlier this week we mentioned a nasty bit of politics from Scottish Labour MP Gregg McClymont warning that Scotland would need “a million immigrants” to be able to fund old-age pensions in the future. We were too busy picking holes in Gordon Brown to look into the story in depth, but when it handily appeared again in today’s Daily Record (this time attributed to Yvette Cooper) we checked it a bit more closely.
The Record went with the same dramatic figure for its headline, but it’s not until several paragraphs down either article that you get to the rather less attention-grabbing reality.
Because that figure refers to the total net migration by 2051 – almost 40 years into the future. We’ll leave aside the fact that nobody actually has a clue how many old people Scotland will have four decades from now (and many of us won’t live long enough to find out), and that therefore the figure is basically meaningless anyway, and instead note that according to both articles it’s an average of 24,000 a year.
Big Nan, I agree that it is right & correct to sympathise with opponents at times like this. Not to do so just diminishes our humanity.
R.I.P. Sandy Jardine, fine footballer.
….pfayr supports weeoscar
07:52 on 25 April, 2014
They don’t actually ‘do’ loyalty……..!!
macjay1 for Neil Lennon
08:08 on 25 April, 2014
‘To let you understand:
Glasgow,at the turn of the 20 th century was known as Red Clydeside,simply because of the very harsh working conditions which many working people had to endure.’
####
That’s not the reason for the appelation.
####
‘I think the British Labour Party was founded in Glasgow.’
####
It wasn’t.
Misinformation does not aid understanding.
Facts are chiels that winna ding.
beatbhoy
18:17 on 24 April, 2014
Cadizzy
“Some coincidence that. I posted earlier about being careful not to make a typo with that word, and now you remind me of the old Chardon club’s early ‘ social messaging’ technique. As for George. . . Now who could hold a grudge against him?”
Beatbhoy
If you did Spanish at some point between 75 and 80, then we are likely to know one another. If you know George, then you are twice cursed.
I am confidently predicting that the ‘120 day review’ of Dignity FCs ledgers will reveal them to be a single word beginning with ‘F’.
If you say ‘fragile’ you will be close, but no cigar.
Good Morning.
Well said Big Nan!
Mr McCoist could just as easily have said that Sandy Jardine was a nice man and a great Rangers footballer…. but no.
He has to introduce ( quite deliberately ) the whole history thing in a rather cheap shot which seeks to make some point or other.
The only point the comment enforces is that the nearest Mr McCoist will ever get to dignity is if he buys a Deacon Blue CD.
ernie lynch:
I think that when somebody starts a sentence with the words “I think” then they are not intent on misinforming anybody.
DBBIA
Fragmented?
Fraudulent.
Flocculated?
Billy Bhoy 05
08:10 on 25 April, 2014
Your normal early morning pro nat posting.Quelle surprise. Quoted I think from a blog written by someone in Bath who solicits donations from nats daft enough to send him donations. Do you contribute?
I’m sure he’d prefer that you made it clear that your post was lifted direct from his blog. After all it’s all about the £££££.
O.K, it’s a long shot …………………………Fenian?
kitalba
08:30 on 25 April, 2014
‘ernie lynch:
I think that when somebody starts a sentence with the words “I think” then they are not intent on misinforming anybody.’
###
When they preface their remarks with ‘To let you understand’ then you’d hope they’d care enough not to mislead, deliberately or inadvertently.
kitalba
08:30 on
25 April, 2014
Yer a brammar.
OK another long shot……………..funded?
Brogan Rogan Trevino and Hogan supports Oscar Knox, MacKenzie Furniss and anyone else who fights Neuroblastoma
08:30 on 25 April, 2014
There was a piece on Radio Shortbread this morning where Sandy Jardine was interviewed about the Barcelona game.
He said that Greigs job was to mark the Dynamo creative play maker.
‘Within twenty seconds Greigy cemented him and that was him out the game’
Classy.
Billy Bhoy 05
08:10 on
25 April, 2014
One just for you
NOAM CHOMSKY ‘I have been following the debate with interest. My intuition favours independence
Forsaken
forgotten?
Forgiven, Ah no I’m only joking.
Was saddened to hear of Sandy Jardine’s death.
There just isnt enough money in English football…………………
Could Sheffield become “The City of Football”? Cities being invited to bid for that title with £1.6m Lottery funding from @Sport_England
This F word.
Would Flatulence be appropriate?
Gas being emitted regularly from an Arse — cured by a change of lifestyle and diet I believe.
Fading away…
TBB
Did I per chance see you walking down Woodlands Road in the west end last night complete with ear buds and wine coloured jacket?
If not, you have a Doppelganger…….. a scary thought admittedly!
Fuddled
HH jamesgang
…another long shot… FAB -U- LOUS!
Elsewhere, I note that the Scottish Press Awards have ‘retired’ the Sports Writer of the Year gong after Keith Jackson won it for a record 2 years in a row.
A new award, Sports Parody of the Year will take its place.
“fantastic”……
fa…fa..fa..fa…fa…fa…
Pucked?
formaldehyded?
in……………Flux?
ernie lynch:
I meant to tell you I enjoyed your ‘Bush’ quote of last night.
Fooled? As in duped?
BRTH
What are ear buds? Should I see a doctor?
Nah, been darn sarf this week. Got in late last night.
In any case, one never walks down Woodlands Road.
One sashays. Like you.