Armageddon? What Armageddon?

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Tomtom says: June 12, 2014 at 3:20 pm 7 0 Rate …

Comment on Armageddon? What Armageddon? by Para Handy.

tomtom says:
June 12, 2014 at 3:20 pm
7 0 Rate This

mcfc says:
June 12, 2014 at 2:08 pm
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How long do you think this new club would survive? Whether we like it or not, it is the racist/bigot/orange/watp pound that has, to a very large extent, sustained the current entity. CG tugged at these heartstrings, played to the gallery and found his customer base. Without them his grand plan would have foundered. Without them any future RFC would also struggle – that, unfortunately, is the harsh reality, no matter how much we might wish for it not to be so.
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I don’t altogether disagree that certain elements want whatever incarnation plays at Ibrox to exemplify the historical attitudes that all right-minded people want to see the back of, however, based on personal experience, I believe they are in a minority.

Were a club/company/team to rise again from whatever ashes are left after the spivs have picked and burned the carcass, I reckon many of those who were scunnered from the Whyte/Green fisaco could be brought back into the fold of a more modern, inclusive Ibrox club/company/team. It might not be quite the worldwide draw it once was ( 😆 ) but if they draw on what few brand positives are left, it might have a fighting chance.

Para Handy Also Commented

Armageddon? What Armageddon?
wottpi says:
June 12, 2014 at 5:46 pm
6 0 Rate This

As discussed a while back if MP does go then the savings will no doubt be welcomed but there will also be costs in securing and renting alternative facilities.

Compared to costs of £1.35M they will be much, much lower. Indeed, I would suggest that £300k per month would still be high.

If the place is to go then not only does it bring into question how they are best placed to develop home grown talent etc etc but aslo, if they survive that long, how are they going to attract the quality of player required to have a decent crack at the domestic titles and Europe if they are training on some cooncil owned ash park????

It may make it harder but CFC managed to attract players before the “council subsidised” arrival of Lennoxtown (with apologies to Eco 😆 ). Players will come for money and that is probably a bigger problem down Ibrox way than not having access to MP.

With the possibility of austerity and having to rent/share training facilities will the Rangers name and a few extra quid still be enough to attract as many home grown bench warmers as in the past.

They managed to attract them when playing in division 3. And they are still poaching them but it would appear that the degree has lessened.

To be honest if they are playing the long game then I would have thought mothballing and scaling back operations at MP is the way forward because if they do survive it could still be an asset if steps were taken to run it in a more sustainable manner.

From what Phil Mac is saying, it may not be an option due to the “onerous” contracts.

When I spoke with Malcolm Murray he was adamant that MP was an albatross around the club/company’s neck. Sounds like he may not have been completely misguided after all!


Armageddon? What Armageddon?
How much would they get for MP? I suppose the loss of £1.5m in monthly outgoings is as important, however, they need to cut deeper than that.


Armageddon? What Armageddon?
An interesting BBC article from their Political coverage where Lord Triesman, ex head of the English FA compares FIFA with the mafia.

http://www.bbc.co.uk/news/uk-politics-27801996


Recent Comments by Para Handy

Did Stewart Regan Ken Then Wit We Ken Noo?
magicroundabout says:

April 30, 2015 at 3:39 pm
Anything to avoid being Chick Young. ? 🙄
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I was really looking forward to Zebedee… ?


Did Stewart Regan Ken Then Wit We Ken Noo?
Chust sublime, Dougie


Did Stewart Regan Ken Then Wit We Ken Noo?
sannoffymesssoitizz says:
April 14, 2015 at 3:48 pm

Views on fan ownership model from East Stirlingshire
http://www.scottishfans.org/supporter-ownership-week-interviews-east-stirlingshire
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Interesting viewpoint and I would say a few shrewd observations. I was once in favour of fan “ownership”, not fans of the blazer and brogue variety but fans from the stands.

However, I no longer consider that to be important or indeed effective. What is needed is a governance model that:
– takes the fans into account
– involves them in the decision making processes
– gives them if not an equal say and vote in all matters, allows for it in areas that directly impact on fans – prices, facilities (inlcusinf safe standing), etc.
– enforces openness and accountability in the areas of finance, the SFA & the SPFL

The list could go on but I think that would be a fair start…


Did Stewart Regan Ken Then Wit We Ken Noo?
T’internet is a wonderful thing. Here is a brief synopsis of what is needed to become listed on ISDX:

How to join ISDX:

The admission process for issuers is clear and transparent (unlike some organisations we know).

ISDX Growth Market

The ISDX Growth Market is our market for earlier stage, entrepreneurial companies (well they are only three years old).

To join the ISDX Growth Market, all companies are required to meet the following specific admission criteria:

1. Appoint and retain an ICAP Securities & Derivatives Exchange Corporate Adviser at all times (Neil Patey, perhaps)?

2. Demonstrate appropriate levels of corporate governance including having at least one independent non-executive director (need to buy another blazer and pair of brogues)

3. Have published audited financial reports no more than nine months prior to the date of admission to trading (I am sure Deloitte’s will be happy for the work)

4. Have at least 12 months’ working capital (Over to you DCK)

5. Have no restrictions on the transferability of shares (other than caveat emptor)

6. Issue shares which are eligible for electronic settlement (just remember to keep paying the leccie bill)

7. Companies must also publish an ISDX Growth Market Admission Document, which is less onerous than a full prospectus. More information about the content of an ISDX Growth Market Admission Document can be found in the ISDX Growth Market – Rules for Issuers. (I am sure the 120 day plan could be brought up to date for this)

8. Under certain circumstances, for example if raising more than €5 million, companies may be required to publish a full prospectus for approval by the UK Listing Authority (UKLA). The company’s appointed Corporate Adviser will confirm where this is necessary. (Nae tother a ba given the excellent, well documented business acumen of the current Board)


Did Stewart Regan Ken Then Wit We Ken Noo?
Although not to do with Scottish football, IMHO this is an excellent way for fans to protest.

http://www.bbc.co.uk/sport/0/football/31964220


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