Despite Walter Smith urging “Rangers fans to get fully behind the resolutions which last week were presented to the Board and shareholders”, which include sacking chief executive, Craig Mather, he added, “Craig Mather, as I have said before is doing a good job. It is unfortunate that this has happened but when change does come I hope he’ll be allowed to continue the job he has started”.
Smith is clearly close to, but not in tandem with, those who requested an Emergency General Meeting.
As well as support for the chief exec, on the manager, Smith says, “As for Alistair McCoist, it is important that we all appreciate that no other Rangers manager has had to work with poorer or more trying circumstances. It is my fervent hope that when the dust settles and Rangers have a clearer path and future he is given the chance to manage under conditions similar to those which were afforded his predecessors.”
Here we get to the crux of the problem. Rangers International face enormous financial challenges. With a half decent football manager, they would be able to win promotion from the third tier of Scottish football with a football budget of around £1m, or several times that of their nearest rivals. If, as the Herald suggested this week, there is not enough money to finish the season, the most immediate responsibility of the directors is to cut costs accordingly.
Cutting costs is not the reason anyone gets into football, and it is certainly not what Walter Smith knew in his time at the Rangers group of clubs, but at times it is absolutely necessary. The non-executive directors of Rangers International would serve their fans interests best by telling this unpalatable truth.
Failure to do this will pale in comparison to some other potential consequences. In setting his stall behind McCoist, Mather’s team building exercise and the EGM protagonists, Smith has almost ensured collapse if those demanding change cannot command the support of 51% of shareholders. To succeed, Paul Murray will need to demonstrate the leadership and deal management skills which were lacking a year ago.
Meanwhile, John Brown’s warning about Green turning Ibrox to dust hangs over the place, a bit like dust.
There is one overarching concern, however. Green is critical to fending off any impending action by Craig Whyte. His evidence will be necessary to explain how Sevco Scotland Ltd assumed the irrevocable entitlement of Sevco 5088 Ltd. Even with Green on-side, this looks like a challenge, but if the main protagonists in this action are separated from those who will have to defend any action, you suspect Whyte will be enormously encouraged.
When Whyte believed he was double-crossed he went nuclear. All Green would need to do is corroborate a sliver of Whyte’s evidence to bring Whyte’s legal challenge into sharp focus. For this reason, Green has to be part of the picture going forward. Demonising him is tempting, and may be deserved, but it’s self-defeating – and these people know all about self-defeating.
Section 111
Two weeks ago I said “place your bets” on what would happen after Celtic issued their “final warning” over a number ongoing issues in section 111. No one was in control of the situation, not Celtic, and not members the Green Brigade, who I believe had nothing to do with several of the issues.
Since then I’ve watched the debate. Some, like Phil Mac Giolla Bhain, attempted to inform on the debate, interviewing handicapped supporters and independent safety experts. Anticipating this day would come, I thought about interviewing the Council, but decided against, not wanting to draw them into making a public stance they would be unable to back down from.
Yesterday felt as inevitable as what’s going to happen next in Govan. Can the situation be rescued? Of course. Will it? Place your bets, people…
I’m not a regular newspaper buyer but the front page of one of today’s is a keeper. Celtic have a lateral movement issue, which dominates the front page, when the utter implosion at Ibrox is relegated to a side column. It’s a testament to our age. We will survive. I can’t say that with any certainty about the other lot.
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£14million will get you 28% of the hate factory
Waaaahhhahhhaaaaahhhhhaaaaahhhhhaaawwwwwaaaaahhhhhhaaaaaaa
The thought occurred to me that the entire new build stadium for the first (possibly) 20 rows are in fact constructed of reinforced and poured concrete and solid all the way to the ground level.
I know this because being a bit of a (green) anorak I used to go and watch them spending my shares money on my time off from work :)
The top and the bottom of it all is that there will be zero building failure in those areas so in effect the GB can be relocated anywhere in the bottom front 20 rows strip around the stadium either sitting or standing……….
Just saying…………..
the long wait is over
PS Has he been creosoting himself since he left..?
————-
just trying to look like mark hateye
The bearded Super Samaras or the clean shaven Super Samaras?
http://www.executive-shaving.co.uk/hair-beauty-blog.php
The beard contains all Sammi’s secret powers!
leftclicktic 18.00
Are you suggesting that a Scottish third tier football club with no prospect of European football , an increasingly deflated fanbase and some doubt , to say the least , over their only real assets and currently losing c £1m per month (not to mention having just been put out of only one of two competitions which could generate a money spinning cup tie with our goodselves) is not worth at least , at least £50m?
The biggest tosh I’ve ever read on this site. Are you on drugs, man?
Go wash your mouth out with a Broxy Bear Soap on a Rope.
Right – next!
…and our third billionaire is…?
HH!!
Is it not rumoured in business circles that the Easdales make offers that can’t be refused?
In terms of the Jackson “Daily Retard Sports Journo of the year” article – who exactly were the big hitters in London who sanctioned the move on the Board of Sevco. Is that people to rival the Easdales?
Nooooooooooooo
McCoist to be sacked!!
Lets get the pitchforks and the torches and head to Ibrox.
Notthebus
No way?
Burghbhoy
Guidi on Clyde has given him 48 hours max
Can we start a McCoist Must Stay campaign?
the long wait is over
I must try harder :)))
Till later all
good news at hospital and off to my homegroup meeting
lifeisgoodcsc
Green dobbs waldo in it on STV Sevco news- it was him who said its the worst Sevco team ever (not saying much as they are only a year old)
Charlie G is playing a blinder
Dont sack McCoist
fat sleekit McCosit
we dont think you understand ………………………… :))
Notthebus
Everything that we can do must be done to keep the steak bake kid in his job!
Can we lobby the Scottish Parliament ?
Gordon_J backing Neil Lennon
18:17 on 6 August, 2013
Can we start a McCoist Must Stay campaign?
No need if Guidi says he’s off. A cert to remain.
WGS
13:24 on 6 August, 2013
How Rangers must hate the invention of new media and the internet in particular.
Messageboards and blogs like these have resulted in them been uncovered for what they are.
MSM as well, just goes to show are Celtic fans really paranoid. knew it existed in the 90′s but due to the lack of technology etc.. we relied on the wrtitten journos to provides us with info.
___________________
Surely one of the most salient points ever made on this site.
For far more than 60years of my life I KNEW I was being lied to.
Often I knew the TRUTH.
Only now is that truth being presented to us without any agenda.
God bless the Internet Bampots…The modern equivalent of the New Testament.
‘ How lovely on the mountain are the feet of Him who brings Good News…….’
Walter and Ally’s legacy will be helping paper over the cracks while the whole rotten edifice got beyond the point of no return.
Good Rangers men..you helped kill the club..twice!
Very fitting.
Basel 2-0 up in Tel Aviv after 20 mins (3-0 agg), safely through.
Pep McCoist for the chop?
Aye right!
HH!!
Yes the FC Basel, I was talking to a Basel fan on Saturday and him and his mates are praying they get Celtic in the group stages so they can visit Paradise!! They have heard so much about it from the guys who were over last time we played them…
Ranting idiot on Clyde, this is just the best entertainment ever!
Before I go SFAs response to the fat sleekit one and Mathers claims its unfair Deadco were fined £50k
They ***^^^$$%%%££** asked to be fined
http://www.scottishfa.co.uk/scottish_fa_news.cfm?page=1961&newsCategoryID=3&newsID=12282
I’m laughing so much I fear I may have to buy adult nappies. Good old Challs.
tallybhoy
18:26 on 6 August, 2013
Pep McCoist for the chop?
One chop is no good to Pep unless its accompanied by 5k of spuds
the only people interested in Rangers (sic) are asset strippers, Scottish business men who are thought to support Rangers (sic) and are reputed to be millionaires are not willing to put a penny in to the money pit that is Sevco
goldstar10
The most interesting ties tonight from a Celtic perspective are the ones at Maribor/APOEL + Ludogorets/Partizan.
If Maribor progress (1-1) and Zagreb (1 up) do the same tomorrow night, it will push Dinamo into the seeded part of the draw.
If Ludogorets (2-1 up) go through it will remove Partizan as a possible opponent in the next round.
Providing we go through of course!
Oooooooooooooooooooooooooooops
From the BBC :
“Jim McColl says he is not looking to lead a Rangers takeover, but the wealthy Scottish businessman confirmed he was putting his weight behind calls for boardroom change in his capacity as a shareholder at the club.
Engineering tycoon McColl, whose personal wealth was estimated at £1billion in last year’s Sunday Times Rich List, backed outgoing chairman Walter Smith’s calls for fans to get behind formal moves to install Paul Murray and Frank Blin on to the board.
The Clyde Blowers chairman and chief executive says in statement: “Let me make it very clear, I am not seeking to join the board or to increase my shareholding in the club.”
Scottish football needs a strong Arbroath.
I’m sure Guidi just said there are two Ally McCoists ……
The Sooper Ally and the not so Sooper one.
Now we’ve heard fantasies like incubators and uninterrupted history for the feeble of thought.
Presumably there will be a charitable Sevco and a not so charitable company.
Just as well or you could say they are a lying bunch of cheating, thieving shysters !!!
Calling all Billionaires, Calling all Billionaires…
Super ally for the chop.Is that a succulent lamb chop?
Guidi is doing all sorts of gymnastics tonight. Clown.
Guidi is having a giraffe, they cannae afford tae sack Sally!!!
He’ll be there tae see the bad ship dignity go doon, nae worries.
HH
/Bishop B
Charles Green says Walter Smith told him privately that Ally’s team is the worst in Sevco’s pretend history. Claws are out!
is it just my good self or is anyone else out there worried that Charlotte Green will be reading oot the Fitba results…….braw!
Guidis track record is on a par with Wee Shuggie Keevins, neither could tip water out of a weans bath.
A bit like T4