Prism of failure gives King chance to bring Newco down

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After the failure to launch season ticket renewals at Ibrox in the wake of the Ramsdens Cup final last week, by Friday morning marketing staff, PR people, web designers and printers would all have been primed to press the button this morning, after the anticipated humbling of Dundee United in the Scottish Cup semi-final.

Things started to go wrong later Friday, when Dave King popped up with an intervention.  King, who was a director of Original Rangers in the years up to and including their liquidation, appears intent on sending the Newco Rangers to an equally liquidated state.  Should we erect a statue to this guy?

For those of you in doubt, his latest questions to Newco Rangers board are priceless:

“Does the board agree it is unfair to ask fans to buy season tickets before they consider the business review?”

No club in the country is asked to submit business plans to supporters before asking them to renew season tickets.  What’s more, there is an assumption by King that spending plans should be expansive, exactly as they were at Original Rangers, when King & co presided over the club’s failure.

Newco’s (even newer) management should be allowed to match expenditure with income.  This is the message that fans should be asked to back, the days of empire are over.  Anyone who tries to undermine a breakeven strategy at Newco is practically ensuring another failure.

“Does the board agree that, given the present financial position of the club, it is appropriate to provide Ibrox Park and Murray Park as security against season ticket advances?”

This is an interesting one.  King suggests Newco offers Ibrox up as security (Murray Park is largely irrelevant).  If they are boxed into a corner and concede this one, those in a position to utilise that security, which in Dave King’s plan would be Dave King, would have an incentive to see Newco liquidated.

“Does the board agree that in the latter half of December 2013 it was in discussions to obtain finance that would be needed prior to the end of the current season?

“Does the board agree that in the latter half of December 2013 it provided public assurances to the fans that the club had sufficient cash to last until the end of the current season?”

King has been there before and will know more than most how financial forecasting works; there is a clue in the name, it’s forecasting.  If a company seeks contingency borrowing for less than 5% of its expenditure (or 2 weeks costs), earlier projections could not have been that far off.

None of this matters right now.  Newco’s manager failed to win two hugely important games and that is the prism through which fans will evaluate the performance of their club.  King could accuse them of being responsible for his own role in Original Rangers liquidation and some would believe him.

Season ticket sales are the most fundamental aspect to the health and wellbeing of every Scottish football club.  This is true even at Celtic, with or without Champions League revenue.  Ticket sales will have a greater impact on Celtic’s season ahead than Champions League qualification.

Right now some hedge funds and the Easdales own Ibrox.  Ideas of bully them into submission will fail, although it will be enormously entertaining.  Go for it, Dave, we’re 100% behind you.

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  1. The Battered Bunnet on

    SoT

     

     

    I never knew that Gene Vincent had recorded that. A little Youtube later, and it’s by no means the greatest of his recordings, but it did bring a smile to my face when he held “his chin in the air”.

     

     

    If ever Big Tone and the Doo-Waps cover it, them’ll be the lyrics.

  2. Evening everybody.

     

     

    The pesky, capitalist pigs at Celtic continue their purging of all things Irish. They have just extended their relationship with GAA.

  3. kikinthenakas on

    Tweet from Phil

     

     

    Those nice people at Daniel Stewart (RIFC’s NOMAD) have just notified the AIM of an impending announcement.

  4. ....PFayr supports WeeOscar on

    Seems ole King has duped the Huns fans groups to buy into his nonsense

     

     

    Imagine being as desperate as to put your trust in such a fraudster

  5. ....PFayr supports WeeOscar on

    BSR

     

     

    Typical sleekit plastic hardman cheap shot

     

     

     

    Shameful

  6. Christy also sang Kevin Barry last night at the Royal Concert Hall, sorry if already posted, it was a great night with a great turnout and showed again the breadth of his music including my favourite Viva La Quinta Brigade.

     

     

    Always look forward to his visits to Glasgow.

  7. !!Bada Bing!! on

    Phil twitter

     

    Those nice people at Daniel Stewart (RIFC’s NOMAD) have just notified the AIM of an impending announcement.

  8. Richie #TeamOscar on

    BSR

     

     

    At least the scumbag got a wee taste of Karma..he has a shed-load to come, I hope!

  9. ‘So, what are you lot called this season/ month/week/today?’

     

     

    Sevco. The future’s bright. The future’s Green and White.

     

     

    SchadenfreudeCSC

     

     

    HH jamesgang

  10. Scrolling back re Pontius Pilate.

     

     

    He as the Roman governor of Judea during Christ’s ministry. (Luke 3:1).

     

    After Herod the Great’s son Archelaus was removed from being King over Judea, provincial governors were appointed by the emperor to rule the province, Pilate evidently being the fifth of these.

     

    Tiberius appointed him in 26AD Little is known of PP history or early life. The only period of his life to receive historical notice is his Judean governorship.

     

    The one inscription known bearing his name was found in 1961 at Caesarea,

     

    it also mentions the “Tiberieum” , a building Pilate dedicated to Tiberius.

     

    Pilate’s tenure in office was not a peaceful one, he had a bad start to his tenure in his antagonistic approach to his Jewish subjects many disturbances resulted from his autocratic style of leadership.

     

    At the beginning of the trial of Jesus the Jewish leaders brought Him to Pilate and he questioned Jesus privately but found no fault in Him he told the Jewish leaders to take Him away and judge him themselves, this may have been influenced by his wife who had a dream regarding “this righteous man”. Pilate did not want anything to do with the Jewish accusations against Christ.

     

    During his private conversation with Jesus, Jesus said to him that anyone who was on the side of truth and had recognised the truth would know Jesus, Pilate’s famous reply revealed all of his political cunning “truth, what is truth”.

     

    Pilate was removed from office in 37AD by Vitellius and ordered his immediate return to Rome to appear Tiberius but Tiberius died prior to Pilate’s arrival.

     

    History gives no reliable data as to the ultimate result of this trial but the historian Eusebius of the third and fourth century states that Pilate was obliged to commit suicide during the reign of Tiberius successor Gaius.

     

    Hope this helps.

     

     

    HH

  11. !!Bada Bing!! on

    BSR-i think we always thought the walls would close in on ole Don Draper,but will be interesting to see how it plays out.I read that Sky along with US tv are going to split showing the final series,and possibly show the final episodes at the same time in the US and here.

  12. ....PFayr supports WeeOscar on

    Wonder what Mr Lunny will do about such a dreadful attempted assault …..

  13. ********WORLD RECORD BREAKING NEWS*************WORLD RECORD BREAKING NEWS*********

     

     

    The Rangers, the only team in the world to have every one of their games refereed by one of their own season ticket holders.

  14. South Of Tunis on

    More YNWA.

     

     

    Good Vic Taylor ( Skatalites/ Dragonaires ) version .

     

     

    It is on the surprisingly good -All Shook Up -A Reggae Tribute To The King ( Trojan Records ).

  15. leftclicktic We are all Neil Lennon on

    Sevco keeper Steve Simonson

     

    “My Son comes on twitter to follow his heroes including his dad, & ends up having idiots abusing him. He’s 11 years old.. His first ever trip to Ibrox to watch his dad ends up with him receiving abuse because I included him in a tweet, I’m sorry but I’m not tolerating it!”

     

     

    Asked about the abuse received and the perils of social media, McCoist said: “It makes me feel he shouldn’t have been on it in the first place.

  16. leftclicktic We are all Neil Lennon on

    Till later all

     

    Speedway time :)))

     

    Roll on Saturday for my Hoops fix :)))))))))

  17. Neustadt-Braw on

    go go Claire …………..hahahahahahahahahahahahaha Huntertainment of the finest ….East Kilbride always delivers ….. do you know her Jobo ?

     

    braw

  18. Evening all

     

     

    Re: providing ibrox and murray park as security….

     

     

    Now i know im not the cleverest on here but wat has this got to do with craig whyte?

     

     

    Is he not the man with the deeds, the “only show in town”

     

     

    Or is he not?

     

     

    Does king not know this or is he tryin to get the answer by askin this question?

     

     

    Just when i thought i was figuring it all out…

  19. Neustadt-Braw on

    Phil MacGiollaBhain @Pmacgiollabhain · vor 2 Min.

     

    I am hearing that today Super Ally’s representatives approached Sevco for a “Do Walking Away” deal.

     

    However,they left empty handed…

     

     

    braw

  20. In response to Murdo McCloud article, it seems one bealing bear knows what he’s talking about….Or does he?

     

     

    Steve says:

     

    April 14, 2014 at 3:19 pm

     

     

    This continual points scoring from both sides is now wearing very thin. Are we ever going to get away from the scenario [of a big boy done it and ran away]The board should come clean on all aspects of the club in the timescale they have committed to, and put this sorry state of affairs we have gone through for over two years to bed once and for all. Lets move forward as a United Club and have other looking up at us in awe. That is why W.A.T.P.

  21. Neustadt-Braw on

    did anyone else catch the very last caller to SSB the night …Claire from East Kilbride ….beer all over my comp when she said she wasn,t renewing her ST as long as Fat Sleekit Sally was there ….and went on to say that the quality of football that her sons “disability challenged” junior side from EK is of a better quality ……..

     

     

    I love you Claire ….made my night …..brilliant …..awfy awfy Braw

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