I cannot fathom why someone would leak their intentions to quit as chairman of a football club. Either Walter Smith is sufficiently alarmed by the conduct of his club to resign, or he should be busy working to resolve matters. Leaking that he intends to resign will surely only add to the nonsense that surrounds the club.
Some will believe that Smith, who accepted the position as chairman of Rangers International when season tickets went on sale in May, can shuffle of the scene now 34,000 tickets have been sold. Shareholder votes will determine the future of the club, in this instance, the identity of the chairman has little reach beyond parting fans with their cash.
Some investors may consider a more immediate problem is why the club are burning a hugely disproportionate amount of cash to secure promotion from the third tier of Scottish football, and why a management structure is not in place to deploy resources more effectively.
In light of Francisco Sandaza’s off-the-cuff comments to Tommy in Glasgow, and his subsequent dismissal by Rangers International, we urge Mr McCoist to be more cautious than he was after his team’s spirited, but ultimately fruitless, performance in Forfar on Saturday. It would be unfortunate if McCoist transgressed a condition of employment and suffered accordingly.
Advertising Standards Authority ruling withdrawn
It doesn’t rain but it pours. The Independent Review Process of the Advertising Standards Authority (ASA) has looked into the ASA’s recent, and widely reported, ruling on Rangers International’s claim on football titles won by a liquidated club. The Review found that “it was a procedural flaw for the ASA to have relied on an extract only of a report sent to it by the advertiser”.
Further, the review process ruled that “there was also the risk of a substantial flaw of adjudication in the distinction that had been made between ‘club’ and ‘company’, especially in the light of previous ASA decisions about companies that change hands and the circumstances in which the new company could or could not trade off the reputation of the old company”.
The Chairman of the ASA, Lord Smith of Finsbury, as decided to reopen the ASA’s investigation into the case and to withdraw the published adjudication, which favoured the advertiser. Withdrawing this adjudication does not infer that a different outcome will subsequently be reached. To use a football analogy, it’s half time and they’re all square.
An interesting, and potentially critical part of the story, is that after the initial ASA decision was issued, the club’s web site noted that their submission to the process included information that a “panel of the London Stock Exchange” supported their claim.
The Stock Exchange subsequently appeared surprised at this assertion, so much so that the club promptly withdrew the claim from the web article.
“You’re history, that’s what you are, na na na na”.
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Blind
I agree re the current owners
The MSM assisted pressure etc wont wash
The won’t give a monkeys …
Will the wreck be salvageable …a hae ma doots
leftclicktic
16:32 on
5 August, 2013
Have to say I am a fan of the original as well :))
Burghbhoy
RIP Sevco?
Resign in Protest?
Repeat Investing Problems?
Rebellion in Perpetuity?
Renounce Involvement in Pandemonium?
walter smith has now walked out of ibrox more times than he won games in the Champions League.
But not walking away….
Burghbhoy
And to think that McStay and Larsson missed each other by 2 months… Gutted we never got to see they 2 in the same side.
LEFTCLICKTIC
Strangely,I do. The memory of it prompts an evil Fenian smirk when I home-drives them nuts!
Sorry to hear the health is giving you a hard time,mate. Chin up. It didnae stop you doing yer bit on Saturday!
Good man….
I almost feel sorry for them….almost…..
ianb11
We Welcome The Chase Join Date: 28-07-2006
Location: Sat At A Desk
Posts: 3,779
Re: Confirmed – Walter Smith has stepped down as Chairman
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This isn’t good
its a pity that the board decided to come out and take action against the GB but decided not to mention the shenanigans that have been going on and have cost the club 3 CL places
it does seem odd
ach well I suppose they are still better than the huns board, but hey that’s hardly an endorsement is it
SSN confirming Charles on way back to Ibrox imminently.
http://24.media.tumblr.com/tumblr_ljad0kZDll1qd76f8o1_500.jpg
Emb’day still got an intact set of ribs?
Aww diddums
Buddiebearette
Bears Never Give Up Join Date: 15-01-2010
Location: hometown Perth
Posts: 6,219
Re: Confirmed – Walter Smith has stepped down as Chairman
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I just don’t know what we can do
Obviously big Pete to blame for the resignation of Walturd , he runs Scottish fitba after all ?
Doctor Whatfor at 16:17
“Four sevconians? In Rome?”
Could be, why not?
Four from their crowd, the delagets to Pope Francisco, waiting for the miracle.
DBBIA
Are you in the organ sales game now?
A rib donnee waiting on a gurney in D and G as we speak?
Rangers People @RangersPeople 45m
Protest at Ibrox tonight at 7PM
Pitchforks et al tonight is Bomber addressing the hordes………………..
Rangers People @RangersPeople 45m
Protest at Ibrox tonight at 7PM
I hope Gazza turns up
I wonder who is penning Wattie’s resignation statement for him…
lionroar67
Cannae wait to see footage of that!!
The stench would be unbearable.
Love it
lionroars67
16:39 on
5 August, 2013
The replies he got were quite funny.
And from sevconians to boot.
lionroars67
16:39 on
5 August, 2013
Rangers People @RangersPeople 45m
Protest at Ibrox tonight at 7PM
—————————
the last time the did that only about 45 of them turned up.
the famous clip of an ice cream van passing by with the chimes on.
Junior Kelly @Junior1873 41m
@RikkiMinaj_ @RangersPeople exactly so how is seven people standing outside Ibrox gonna do anything but make us look more stupid !
Stable door comes to mind…..
View First Unread Thread Tools
#1 Today, 16:09
pdee
Gold Star Poster Join Date: 13-10-2006
Posts: 2,487
lets make a stand before its too late
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We need too act now,our last rangers minded man has now gone we are left with
Green and all his money grabbing pals,
We should all demand our season ticket money back and starve them of cash,
Let’s get fans meeting going all over the country and tell these guys we want them out ,
Let’s get going get rangers men at our side people fans willl listen too
Give us our club back now,
I hope the big hoose must stay open guy turns up.
The Big Hoose guy to address the hordes?
and sammy the mechanic
The Spirit of Arthur Lee
16:41 on 5 August, 2013
Rangers People @RangersPeople 45m
Protest at Ibrox tonight at 7PM
I hope Gazza turns up
Straight from court with his 6 cans and Kentucky Fried Chicken
Can I Have Raspberry On That Champions League Ice Cream
16:33 on
5 August, 2013
Gumtree is usually ok, but many a good bargain to be had at Wilson’s Auctions in Dalry when the do the Police stolen/lost property.
ahahahahahaha…this is getting too funny !!
cambridgeblue
Five Star Poster Join Date: 02-08-2006
Posts: 6,938
Re: lets make a stand before its too late
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We need the equivalent of the Real Madrid white hankies.
.
Walter Smith resigns as Rangers Chairman following bitter boardroom backstabbing sparked by the return of disgraced former chief executive Charles Green
THE club announced on their Twitter feed this afternoon that the legendary Nine-In-a-Row manager has resigned from being Chairman and a director of the Company with immediate effect.
The legendary Nine-In-a-Row manager resigned from the position after another weekend of bitter boardroom backstabbing following the return of disgraced former chief executive Charles Green.
Rangers made the announcement on their Twitter account this afternoon saying: “Rangers announces that Walter Smith has today resigned from his position as Chairman and a director of the Company with immediate effect.”
Record Sport revealed Smith was outvoted by his fellow directors over Green’s appointment as an Ibrox ‘consultant’ and this new development – coupled with the Yorkshireman’s latest public attack on boss Ally McCoist – has pushed the 65-year-old to the edge.
Smith battled in vain to keep the club’s broken board together since replacing the ousted Malcolm Murray on May 30. But he had never been comfortable in the position and had been left isolated by the decision to bring Green back.
That move came on Friday 24 hours after billionaire Jim McColl launched a bid to overthrow Green’s cohorts from the board and replace them with Paul Murray and businessman Frank Blin.
Charles Green could now push to be reappointed to the board and may even try to land the chairman’s role.
That would further undermine the position of McCoist who hit out at Green after his side lost to Forfar on Saturday.
Summa
TSOAL
Jings,yer defo on form today!
Zbyszek 16.38
Excellent. :-))))
‘Senga, get thon apron oan the goat, we’re aff tae the brox at 7’
the exiled tim
15:40 on 5 August, 2013
Unsubstantiated assumption….
Can I Have Raspberry On That Champions League Ice Cream
16:33 on
5 August, 2013
there is a Saint Etienne bike for sale over on BumTree getting sold my a Mr Chico Verde
dbbia
http://www.flickr.com/photos/30327253@N03/5945299974/
Brave Sir Walter ran away.
Bravely ran away away.
When danger reared it’s ugly head, He bravely turned his tail and fled.
Yes, brave Sir Walter turned about And gallantly he chickened out.
Bravely taking to his feet,
He beat a very brave retreat.
Bravest of the braaaave, Sir Walter!
pythonesqueCSC
Walter walks away from a charade he disapproves of…but only after 34k fans have bought season tickets. That’s dignity for you right there.
Just text a few zombies with the simple message
“TELT YE” :))