Generic Sevco / Rangers meltdown thread

[jacomo]

It all depends on the other shareholders. Ashley is so rich that his involvement pretty much guarantees they won't go into admin again... unless the other shareholders fight him.

I suppose a widespread boycott of Sports Direct might put the Mike Ashley deal at risk... but I don't think that will happen. Dave King encouraged a season ticket boycott in the summer, but now seems to have gone all quiet.

[Bostonhibby]

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It all depends on the other shareholders. Ashley is so rich that his involvement pretty much guarantees they won't go into admin again... unless the other shareholders fight him.

I suppose a widespread boycott of Sports Direct might put the Mike Ashley deal at risk... but I don't think that will happen. Dave King encouraged a season ticket boycott in the summer, but now seems to have gone all quiet.

That's where the argument is fundamentally flawed - where else is your average hun and his good ladies and assorted children going to get matching trackie bottoms and shiny multi coloured tops for less than £20?

Ashley knows his audience.

[Bostonhibby]

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No comfort here I'm afraid.

Pardew is a fairly cheap option who doesn't object to a squad full of imports on relatively low wages who can all be sold if the right offer comes in.

Swally is an overpaid loser who has burned millions on an over-paid squad who have no intention of giving up their contracts and will sit it out as long as possible.

Pardew is sitting out an unusually long contract where Ashley would have to spend way too much to shift him. Sally could probably be removed for impersonating a football manager.

[Cropley10]

Like him or not (and he's been guilty of premature celebration before) Phil usually sums it up nicely and with a neat turn of phrase too

http://www.philmacgiollabhain.ie/less-than-a-club/

Loans of this size are like couch change to Ashley...

Interestingly there's some debate, elsewhere, at what's happened to the badge, or rather the use of the old one...

[hibees 7062]

Just heard he's getting emptied this week

[Sylar]

Ally McCoist insists he has been told his job as Rangers manager is safe. Reports on Monday morning suggested the manager could follow the chief executive Graham Wallace out of Ibrox following the acceptance of a £2m loan from Mike Ashley which strengthens his influence at the Glasgow club and is set to see Derek Llambias, the former Newcastle managing director, take the reins.

But McCoist claims he has been given assurances by the plc chairman David Somers and Sandy Easdale – chairman of the club’s football board – that he will not be replaced.

Speaking ahead of Tuesday night’s League Cup quarter-final with St Johnstone, the club’s record scorer said: “Having spoken to both gentlemen, they have confirmed to me that they want me to continue my job as Rangers manager and, as you would expect, to concentrate my thoughts on the game tomorrow night.”

Earlier on Monday, Easdale also insisted the manager was not under threat.

He said: “I have not spoken to Ally. He is the manager and he continues to be the manager. We have not got any ideas of changing the manager. That is not on the agenda.”

Wallace was forced out of Ibrox after Ashley tightened his grip on the Glasgow giants, and the departure of the former Manchester City chief operating officer is a blow to McCoist after the pair formed a close working relationship.

But McCoist put a brave face on it as he spoke to the media on Monday, adding that he was hopeful Ashley’s latest move would give the crisis-hit club some much-needed stability.

“I’m obviously saddened by the departure of Graham,” said McCoist. “On behalf of the staff and the players I would like to thank him very much for his input. Graham was great to work with and was 100% committed to taking the club forward. The news of Mike’s involvement is good news. Of course it is good news. I’ve said all along the club needs investment, so we’ve got it.

“I spoke to the chairman David Somers on Monday morning for about 15 or 20 minutes and I spoke to Sandy Easdale on the phone as well. A lot of it will remain private but what I would say is that both board members are very, very pleased and comfortable with the situation at the moment.

“The chairman gave me an indication of why they have decided to accept the investment from Mike. They are happy with that and I have to respect that. I don’t expect to speak to Mike but I would speak to any shareholder or any board member for the benefit of the football club. Change is always a concern but I have been told that this change is moving the club forward, which is absolutely fantastic.”

[iwasthere1972]

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Just heard he's getting emptied this week

That could take a while. He's fuller than my recycling wheelie bin.

[Dalianwanda]

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Ally McCoist insists he has been told his job as Rangers manager is safe. Reports on Monday morning suggested the manager could follow the chief executive Graham Wallace out of Ibrox following the acceptance of a £2m loan from Mike Ashley which strengthens his influence at the Glasgow club and is set to see Derek Llambias, the former Newcastle managing director, take the reins.

But McCoist claims he has been given assurances by the plc chairman David Somers and Sandy Easdale – chairman of the club’s football board – that he will not be replaced.

Speaking ahead of Tuesday night’s League Cup quarter-final with St Johnstone, the club’s record scorer said: “Having spoken to both gentlemen, they have confirmed to me that they want me to continue my job as Rangers manager and, as you would expect, to concentrate my thoughts on the game tomorrow night.”

Earlier on Monday, Easdale also insisted the manager was not under threat.

He said: “I have not spoken to Ally. He is the manager and he continues to be the manager. We have not got any ideas of changing the manager. That is not on the agenda.”

Wallace was forced out of Ibrox after Ashley tightened his grip on the Glasgow giants, and the departure of the former Manchester City chief operating officer is a blow to McCoist after the pair formed a close working relationship.

But McCoist put a brave face on it as he spoke to the media on Monday, adding that he was hopeful Ashley’s latest move would give the crisis-hit club some much-needed stability.

“I’m obviously saddened by the departure of Graham,” said McCoist. “On behalf of the staff and the players I would like to thank him very much for his input. Graham was great to work with and was 100% committed to taking the club forward. The news of Mike’s involvement is good news. Of course it is good news. I’ve said all along the club needs investment, so we’ve got it.

“I spoke to the chairman David Somers on Monday morning for about 15 or 20 minutes and I spoke to Sandy Easdale on the phone as well. A lot of it will remain private but what I would say is that both board members are very, very pleased and comfortable with the situation at the moment.

“The chairman gave me an indication of why they have decided to accept the investment from Mike. They are happy with that and I have to respect that. I don’t expect to speak to Mike but I would speak to any shareholder or any board member for the benefit of the football club. Change is always a concern but I have been told that this change is moving the club forward, which is absolutely fantastic.”

If theres a slimier snake in the game I'd be surprised.........

[ballengeich]

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Just heard he's getting emptied this week

I can't see it. The loan from Ashley is to cover the short-term cash flow deficiency so additional payoffs can't be done so soon. McCoist's there at least until a longer term financial structure is in place imo.

[grunt]

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Like him or not (and he's been guilty of premature celebration before) Phil usually sums it up nicely and with a neat turn of phrase too

http://www.philmacgiollabhain.ie/less-than-a-club/

For someone who styles himself as "Author, Blogger, Journalist, Writer", I thought that post was really hard to read. More like a stream of consciousness than a thought out blog post.

[Pretty Boy]

Nae luck

[jacomo]

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If theres a slimier snake in the game I'd be surprised.........

Love how's he trying to ingratiate himself with the new puppet master and use the media to try and shore up his job at the same time.

The Rangers didn't get investment last week, they got another short term loan... if Sally's trying to impress Ashley with his financial acumen then it's a fall at the first hurdle.

[grunt]

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Of course it is good news. I’ve said all along the club needs investment, so we’ve got it.

Ally doesn't appear to know the difference between a loan and an investment.
[Edit - I'm too slow again!]

[grunt]

Is this Charlotte Fakes?

http://www.bbc.co.uk/news/uk-scotlan...-west-29794451

[Deansy]

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Just heard he's getting emptied this week

Am off to church/chapel/mosque/synagogue etc to 'Pray-for-Ally' and would urge all other lovers of the game to do likewise !

[emerald green]

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It may be that he intends to increase his shareholding, but he hasn't done so in the last few days, just given them a loan which tides them over until they can work out how to raise enough fresh cash to reach the end of the season. That may involve a further share issue which Ashley takes up in part or in total, but we haven't got any official news so far.

Some news outlets are making out that everything's now settled at Ibrox, but that's not necessarily true. Whether they go into administration again depends on who would benefit from it.

The people no-one's talking about are Laxey. They're still the biggest individual shareholder, and bought new shares during the recent issue. They must believe that there's a way for Rangers to turn a profit, but they haven't announced what the plan is. Could they sell the football club to King while retaining Ibrox in the holding company and charging rent while Ashley creams off all the kit and imaging money?

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It all depends on the other shareholders. Ashley is so rich that his involvement pretty much guarantees they won't go into admin again... unless the other shareholders fight him.

I suppose a widespread boycott of Sports Direct might put the Mike Ashley deal at risk... but I don't think that will happen. Dave King encouraged a season ticket boycott in the summer, but now seems to have gone all quiet.

Thanks for both of the above.

[s.a.m]

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It all depends on the other shareholders. Ashley is so rich that his involvement pretty much guarantees they won't go into admin again... unless the other shareholders fight him.

I suppose a widespread boycott of Sports Direct might put the Mike Ashley deal at risk... but I don't think that will happen. Dave King encouraged a season ticket boycott in the summer, but now seems to have gone all quiet.

I should think there will be a boycott. He'll find that he's struggling to sell green and white nylon merchandise. ;)

[AndyM_1875]

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For someone who styles himself as "Author, Blogger, Journalist, Writer", I thought that post was really hard to read. More like a stream of consciousness than a thought out blog post.

A Stream of Colin Nish more like.
Phil is an absolute tadger and a raving bigot to boot.

[AndyM_1875]

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Is this Charlotte Fakes?

http://www.bbc.co.uk/news/uk-scotlan...-west-29794451

Could be or maybe RangersTaxCase.

[jacomo]

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I should think there will be a boycott. He'll find that he's struggling to sell green and white nylon merchandise. ;)

Good point. Celtc fans don't go to games and now they won't be able to shop at Sports Direct. What to do with a Saturday?

[Bostonhibby]

Why does sally think a short term loan is an investment? It likely to have a reasonable interest rate attached so will actually be a drain on future resources. Doesn't sound like money being put in to improve things, just to paper over existing black hole so they can meet the basic bills.

[Killiehibbie]

Do the 'fit and proper person' rules stretch to all board members? If so how does Easdale pass?

[CropleyWasGod]

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But McCoist claims he has been given assurances by the plc chairman David Somers and Sandy Easdale – chairman of the club’s football board – that he will not be replaced.

Speaking ahead of Tuesday night’s League Cup quarter-final with St Johnstone, the club’s record scorer said: “Having spoken to both gentlemen, they have confirmed to me that they want me to continue my job as Rangers manager and, as you would expect, to concentrate my thoughts on the game tomorrow night.”

Earlier on Monday, Easdale also insisted the manager was not under threat.

He said: “I have not spoken to Ally. He is the manager and he continues to be the manager. We have not got any ideas of changing the manager. That is not on the agenda.”

Who to believe?

[Bostonhibby]

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Do the 'fit and proper person' rules stretch to all board members? If so how does Easdale pass?

Is it because they are the rangers?

[CropleyWasGod]

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Do the 'fit and proper person' rules stretch to all board members? If so how does Easdale pass?

They do.

I think, in Easdale's case, the fact that his conviction was 16? years ago probably counts in his favour.

[Killiehibbie]

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They do.

I think, in Easdale's case, the fact that his conviction was 16? years ago probably counts in his favour.

Is it only convictions that count? I've heard lots of stories about what he might still be involved in.

[CropleyWasGod]

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Is it only convictions that count? I've heard lots of stories about what he might still be involved in.

Think it is.

There are bound to be stories going about, but TBF the SFA can only act on the basis of facts and evidence.

[monarch]

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A Stream of Colin Nish more like.
Phil is an absolute tadger and a raving bigot to boot.

From previous posts You really don't like Phil do you ? Any particular personal reason ? Accepted he's a Sellick man and is obsessed about Sevco but he does get the news a lot earlier than the mainstream media and he's correct more often than not.

[Killiehibbie]

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Think it is.

There are bound to be stories going about, but TBF the SFA can only act on the basis of facts and evidence.

They should act in the same way as the council licensing boards, they never let small details like facts get in the way.

[Jack]

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I should think there will be a boycott. He'll find that he's struggling to sell green and white nylon merchandise. ;)

Previous sponsors, since sponsorship began just about, have been keen to do both to avoid the backlash and boycott of the cheecks. It will be interesting to see how this pans out on a sectarian Glasgow/Scotland level.