Turning Ibrox to dust. Section 111

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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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  1. Stairheedrammy on

    Kilbowie- the first time I knew for sure that something was going on with the MSM was the reporting of a minutes silence at a game v murderwell. I was there and clearly heard shouts coming from the lanarkshire dobbers- and some responses from our more volatile fans- only to see the MSM report it as Cellic fans disgrace a minutes silence. A lying corrupt cabal

  2. fanadpatriot 18:32 on 6 August, 2013

     

    Super ally for the chop.Is that a succulent lamb chop?

     

    ——————————-

     

    He will eat the chop

  3. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    goldstar10

     

     

    17:23 on 6 August, 2013

     

     

    Is that after 10 minutes…..????

  4. Guidi is a complete and utter clown.

     

     

    A buffoon!

     

     

    An embarassment to all decent Scots-Italians.

     

     

    Like the new Dr Who!

     

     

    …and me!

     

     

    HH!!

  5. I'm Neil Lennon (tamrabam) on

    when watty resigned did he resign as the chairman of sevco football club or was he the chairman of some sort of sevco incubator parent company thingy?

     

     

    when fat swally walks away will he be walking away as the previous manager of sevco football club or the previous manager of some sort of sevco holding company thingy

     

     

    can anyone from the DR please advise

  6. fergus slayed the blues on

    Just heard Guidi saying that the sevco audited accounts are due out on 18th Sept and unless there is a serious injection of cash they won’t make for good reading .

     

    Is this the same sevco that claimed to have got a 22m cash injection from a share issue less than 1 year ago

  7. Alistair Johnstone on radio Scotland giving his views on matters rangers totally forgetting that he abdicated responsibility while he was on the board of the Rangers that ended up broke. He says you should ask constantly what are people investing in the club…while on the board he said when he saw David Murray sign off 50 million he thought David Murray would always be there to put money into the club.He never thought to ask where the money was coming from. So where was his responsibility to the club as he abdicated director responsibility…the man isn’t able to see the contradictions of what he says and how he acted when he had to.

     

    Typical of the huns it wiz nae me mentality.

  8. fergus slayed the blues on

    Sally must stay

     

    If not lets hope he only leaves kicking /screaming and filling his large coat pockets with plenty of Wonga

  9. Why Is Guidi being Dis-Believed?

     

     

    By some.

     

     

    It maks Perfect Sense..

     

     

    Tae Me..

     

     

    That Ally Wull Be Sacked.

     

     

    Kojo

     

    Stiill Laughin’

     

     

     

    Gotta go Jo

  10. Kilbowie Celt

     

    “God bless the Internet Bampots…The modern equivalent of the New Testament.”

     

     

    I think that was the PR Re-branding for the Old Testament por cierto

  11. Suggestions for what the obfuscators will come up with for the name of the new new Rangers (sic) after next administration/liquidation, even tho the MSM, BBC et al will still refer to them as Rangers (sic)

  12. BBC Scotland reporting Keith Jackson has been admitted to hospital with an acute case of putting Foot in Mouth disease.

  13. Leftclicktic,

     

     

    That SFA statement is indicative of a Scottish Football Association that is utterly sick and tired of the cavalier dog whistling nonsense that has come out of Ibrox in recent months.

     

     

    Mather made public statements, McCoist made public statements but nobody from the club actually asked the SFA to clarify the decision?

     

     

    I reckon Mather and McCoist thought they could rabble rouse the hordes with no recourse for their actions. The SFA have put them back in their box and shut the lid with a thud.

     

     

    Once again disgraceful gallery-playing with no respect for third parties – in this case, Dunfermline and Hearts, in a previous cases the 3 men on the panel who McCoist demanded be named (despite that fact he already knew who they were).

  14. Evening Timland, as hot as hell in the hun free mountain valley.

     

     

    Saw the retard headline at the airport today, just as expected.

     

     

    Welcome back Chuck, fair cheered me up, had a wee greet saying goodby to the grandweans, so anything that makes us laugh can’t be bad.

     

     

    Talk is good.

     

     

    HH

  15. fergus slayed the blues on

    RB

     

    I think the new consortium will be the Phoenix Knights and the team will be known as Strangers fc

  16. Kojo

     

     

    Possibly because it does make sense nobody believes Guidi- be the first time

     

     

     

    Jimbo

  17. In today’s Herald ‘Bomber’ was lamenting that too many people were only interested taking from Ibrox.

     

    Rich indeed from someone taking from Dundee when his heart is at Ibrox

  18. So rangers don’t have any money yet they are going to sack the management team how much will that cost them?

     

    Seems the mind is willing but the bank balance is weak.

  19. fergus slayed the blues on

    So the latest billionaire Mcoll has came out and said he is not interested in putting any more cash into sevco 2012 .

     

    Looks like jangle Jackson is a stick on for another sport hack of the year award .

     

    gon yersel keeech

  20. GlassTwoThirdsFull on

    starry plough

     

    17:08 on 6 August, 2013

     

     

    I know this has been asked more than once but I haven’t seen an answer, how can Paul “The Impossible Quiff” Murray return as a director when he was one before when the Broxberg struck?? Is that no against the law?

     

    ———————————————————————————-

     

    I’m sure I read somewhere that it would be down to the discretion of the SFA, so I think it’s safe to say which way that will go.

     

     

    Fine by me – this is the guy who thinks all was running smoothly until Craig Whyte took over…..

  21. Sevcomedian opines on the tactics being employed by Challs:

     

     

    “It’s a game of cat and mouse with your horse wanting it for next to nothing.”

  22. fergus slayed the blues 19:02 on 6 August, 2013

     

    So the latest billionaire Mcoll has came out and said he is not interested in putting any more cash into sevco 2012 .

     

    ————————————————

     

    They won’t put any new cash in, they are not daft

  23. SHR @ 18.43

     

     

    There is a SFA Ludge.

     

    There is a Scottish Media Ludge.

     

    Both do what they are told — usually by JI of MH fame on instruction from rich men.

     

     

    I think they both run competitions to invent new and wacky ways to do the club down and make any headlines are negative.

     

     

    The thing is they do not need central direction.

     

    A word in one ear is a word in every ear.

     

     

    WS is beyond criticism.

     

    AMcC was beyond criticism.

     

     

    On the TFOD2 front I think we are having a Mexican stand-off.

     

    CG et al will run the club into the gutter to force out the shadows into putting their hands into their pockets. It is in CG’s best interest for the club to collapse further / become an even bigger laughing stock.

     

     

    He can only take so much cash out the club.

     

    It is better for him that he is bought out so that he do less damage.

     

    As the cash runs out he will get even more vocal.

  24. Fergus as its not Jim McColl we(glendaly and I) decided it would be George Barron and the new consortium would be the Barron knights.

     

    They had a single under new management in 1966..

  25. The Boy Jinky on

    Caught a wee boy on snyde asking the panel about lateral movement. …. delahun exclaims .” Maybe in thick but what is lateral movement”

     

    Guidi ” is that the stadium moving “

  26. Heads must roll at the SFA if and when Sevco go bust again, how could they have been given a license to play football with no accounts visible and no line of credit available, those responsible for rubberstamping this deal should be hunted for reducing our national game to level of a badly run whist drive in Airdrie…

  27. Sheik Yerbouti 19:07 on 6 August, 2013

     

    McCoist must stay

     

    ——————————-

     

    Doubt if he wants that now, he will be trying to get a payoff for being sacked

  28. Of course Jim McColl won’t be increasing his current modest shareholding. There’s a reason he’s a billionaire.

  29. madmitch

     

     

    19:07 on 6 August, 2013

     

    SHR @ 18.43

     

     

    There is a SFA Ludge.

     

    There is a Scottish Media Ludge.

     

    Both do what they are told — usually by JI of MH fame on instruction from rich men.

     

     

    I think they both run competitions to invent new and wacky ways to do the club down and make any headlines are negative.

     

     

    The thing is they do not need central direction.

     

    A word in one ear is a word in every ear.

     

     

    WS is beyond criticism.

     

    AMcC was beyond criticism.

     

     

    On the TFOD2 front I think we are having a Mexican stand-off.

     

    CG et al will run the club into the gutter to force out the shadows into putting their hands into their pockets. It is in CG’s best interest for the club to collapse further / become an even bigger laughing stock.

     

     

    He can only take so much cash out the club.

     

    It is better for him that he is bought out so that he do less damage.

     

    As the cash runs out he will get even more vocal.

     

     

    Think it’s called lodge 200. My wee mate thought he was a shoe in but blackballed by his own da…….guess why?

  30. Wonderful stuff from Challs on STV:

     

     

    “Ally McCoist described you as an embarrassment to the club. How do you respond to that?”

     

     

    “Well, he’s entitled to his opinion.”

     

     

    “Is he right?”

     

     

    “No, he’s not right at all.”

     

     

    “Have you embarrassed Rangers?”

     

     

    “Many times.”

  31. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    The MSM panic has set in again ……this is all good stuff …… sit back and enjoy……

  32. GlassTwoThirdsFull on

    Starry 19.11

     

    I’m guessing orders were given from “higher authority”. Remember Regan’s “social unrest” comment? Did he really make that one up himself…..?

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