MCLACHLAN1 49 Posted October 17, 2011 Share Posted October 17, 2011 Makes quite worrying reading.... No Boardroom meetings since May?????????The loss of John Greig wasn't part of the game plan for the takeover of Rangers.Although the former player, captain, manager and Greatest Ever Ranger was one of those to put his name to the committee of directors who doubted the suitability of Craig Whyte as owner of the controlling stake, John Greig continued to make the link with the past and with the true blue faithful.Not any longer. His sudden decision to quit appears to have come - if you'll excuse the pun - out of the blue. I'm told there was no mention of unhappiness when the former directors were last watching the team at Ibrox, or when Craig Whyte last talked to former chairman John McClelland by phone.It's no huge surprise, mind you, that there are tensions in the Rangers boardroom.Or at least there would be if the board ever met. We've been told there have been no board meetings since May, when Craig Whyte took over the controlling stake and the chairmanship. Most companies require boards to meet at least once a month, and more often when there are difficulties.Double whammySo the double whammy hitting Craig Whyte is, first, that John Greig alerts fans to the concerns that true believers have cause to worry about the direction of travel under Whyte and, second, that John McClelland, the most serious business figure remaining on the board, has also left unhappily.The chairman could do without the previous six directors who have quit since May - the first two as he arrived, the next two when he ousted them, and another two as they launched legal action for alleged breach of employment contract.But Greig and McClelland were those he wanted to keep. Greig brought credibility with the fans: McClelland brought credibility with the business community.The former chairman's experience reached back to a senior role with IBM, more recently in charge of distributing public funds to Scotland's universities and advising the Scottish government on its IT strategy.And while he wasn't doing any explaining today, saying only that he was kept in the dark by Craig Whyte and the new chairman's team, McClelland understands that non-executive directors have responsibilities.Rumour millAs they've been explained to me today through the Institute of Directors in Scotland, directors are there to set strategy, then to monitor it, and they have a legal duty to ensure the finances are in place to carry through that strategy.They're only likely to leave voluntarily when they're unable to carry out those roles. And it makes you wonder whether it was a particular decision or the question of solvency that led them to quit.At the heart of the busiest of Scotland's rumour mills, the next step in Rangers' financial saga is the subject of yet more heated speculation.That £49m tax bill still hangs over Ibrox's future, meaning the risk of insolvency looms large as it reaches the tribunal next month.But after five months, and with the break with the past ever clearer, there have to be questions asked about the promises made when Craig Whyte came in: £5m in working capital, £5m extra funds to build up the player squad, £1.7m for upgrading facilities?And while we're at it: who is on the board these days? On the exchange on which Rangers shares are traded, which has seen the share price fall by a third since Craig Whyte took over, the club has registered the resignations of directors, but not the appointment of new ones.Apart from Whyte, as chairman, and Dave King, who remains a director while battling immense tax difficulties of his own in South Africa, is there actually a Rangers board left? Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted October 17, 2011 Share Posted October 17, 2011 I bet he meets betts etc all the time. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,447 Posted October 17, 2011 Share Posted October 17, 2011 maybe he didnt want a board meeting cause he didnt want half the current board at the meetingsnow they are all but gone he can start meeting again Quote Link to post Share on other sites More sharing options...
SirWalterSmithLegend 206 Posted October 17, 2011 Share Posted October 17, 2011 We need rid of every part of Murrays Rangers. Everyone in that boardroom and high up in the club contributed to the fucking mess we currently find ourselves in financially. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted October 17, 2011 Share Posted October 17, 2011 Although the former player, captain, manager and Greatest Ever Ranger was one of those to put his name to the committee of directors who doubted the suitability of Craig Whyte as owner of the controlling stake, John Greig continued to make the link with the past and with the true blue faithful.The first bit of this sentence should have ensured he walked much earlier.The latter is nonsense, Quote Link to post Share on other sites More sharing options...
bluebellsareblue82 15 Posted October 17, 2011 Share Posted October 17, 2011 Makes quite worrying reading.... No Boardroom meetings since May?????????I craig whyte clearly doesnt give a fck so has stoped board meetings. fck right off some of the sht on here beggers belif. Quote Link to post Share on other sites More sharing options...
rokcy 4 Posted October 17, 2011 Share Posted October 17, 2011 Donald Muir is still listed as a director. http://www.plus-sx.com/companies/plusCompanyDetail.html?securityId=10824 Quote Link to post Share on other sites More sharing options...
Sheikh Salim 215 Posted October 17, 2011 Share Posted October 17, 2011 Watched reporting Scotland there it said something bout the money at ibrox running in weeks, anyone else see it as well Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted October 17, 2011 Share Posted October 17, 2011 BBC are just hurting tarrier scum. Quote Link to post Share on other sites More sharing options...
TheLawMan 6,240 Posted October 17, 2011 Share Posted October 17, 2011 maybe he didnt want a board meeting cause he didnt want half the current board at the meetingsnow they are all but gone he can start meeting againYeah. That will be it Quote Link to post Share on other sites More sharing options...
covenanter 158 Posted October 17, 2011 Share Posted October 17, 2011 BBC Scotland's flagship current affairs programme, 'Newsnicht' is presenting their take on today's resignations in about 15 minutes(23.05hrs)on BBC2. Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,447 Posted October 17, 2011 Share Posted October 17, 2011 Yeah. That will be it just thought i'd add my bullshite post to the many that have been banded about on here recently Quote Link to post Share on other sites More sharing options...
iain1712 336 Posted October 17, 2011 Share Posted October 17, 2011 Surprise surprise BBC scotland produce a business expert willing to stick the knife into rangers. Greig and Mclelland were dead men walking after they put their names to that document doubting the takeover. Instead of sacking them White has just frozen them out. And this is why there has been no board meeting since then,,as he would have been duty bound to invite these two along to the meeting.I'm pretty sure White can keep his finger on the pulse of rangers football club without formal board meetings. Quote Link to post Share on other sites More sharing options...
RFC55 108,452 Posted October 17, 2011 Share Posted October 17, 2011 I would imagine there will be a statement soon Quote Link to post Share on other sites More sharing options...
MCLACHLAN1 49 Posted October 17, 2011 Author Share Posted October 17, 2011 Fcuk me how many numpties on here are there???I am sick of reading it."ah fcuk it , Timmy Scum"As if this is all going to go away.Waken the fcuk up. Quote Link to post Share on other sites More sharing options...
MCLACHLAN1 49 Posted October 17, 2011 Author Share Posted October 17, 2011 Surprise surprise BBC scotland produce a business expert willing to stick the knife into rangers. Greig and Mclelland were dead men walking after they put their names to that document doubting the takeover. Instead of sacking them White has just frozen them out. And this is why there has been no board meeting since then,,as he would have been duty bound to invite these two along to the meeting.I'm pretty sure White can keep his finger on the pulse of rangers football club without formal board meetings.Aye... Despite about every other company in the world having board Meetings monthly White (I take it you mean Whyte) will run everything smoothly!?!?!?!? Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted October 17, 2011 Share Posted October 17, 2011 I would imagine there will be a statement soonEven if there is, I doubt that it would be anything other than some bland statement stating the bleeding obvious. Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted October 17, 2011 Share Posted October 17, 2011 maybe he didnt want a board meeting cause he didnt want half the current board at the meetingsnow they are all but gone he can start meeting againHe won't need much of a boardroom. Quote Link to post Share on other sites More sharing options...
Thermopylae 15,286 Posted October 17, 2011 Share Posted October 17, 2011 Surprise surprise BBC scotland produce a business expert willing to stick the knife into rangers. Greig and Mclelland were dead men walking after they put their names to that document doubting the takeover. Instead of sacking them White has just frozen them out. And this is why there has been no board meeting since then,,as he would have been duty bound to invite these two along to the meeting.I'm pretty sure White can keep his finger on the pulse of rangers football club without formal board meetings.Probably a fair point TBH. I wonder if part of the announcement will be another ex-player on the board to attempt to fill the Greig position ... although of course as far as those still in the land of the living goes he is unique Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted October 17, 2011 Share Posted October 17, 2011 Surprise surprise BBC scotland produce a business expert willing to stick the knife into rangers. Greig and Mclelland were dead men walking after they put their names to that document doubting the takeover. Instead of sacking them White has just frozen them out. And this is why there has been no board meeting since then,,as he would have been duty bound to invite these two along to the meeting.I'm pretty sure White can keep his finger on the pulse of rangers football club without formal board meetings.They were non exec directors not club employees, he didn't need to freeze them out Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted October 17, 2011 Share Posted October 17, 2011 They were non exec directors not club employees, he didn't need to freeze them outWell he could hardly trust them after all the leaks coming out of Ibrox and the stance they took when he arrived.If I was him they would have gone months ago.No room for dissenters. Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted October 17, 2011 Share Posted October 17, 2011 Well he could hardly trust them after all the leaks coming out of Ibrox and the stance they took when he arrived.If I was him they would have gone months ago.No room for dissenters.Getting rid of paul murray took care of that.I don't believe he did want rid of Greig or Mclelland.....A fresh start where the dealings look far more murky than before ...hurrah... Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted October 17, 2011 Share Posted October 17, 2011 Getting rid of paul murray took care of that.I don't believe he did want rid of Greig or Mclelland.....A fresh start where the dealings look far more murky than before ...hurrah...They were passengers, excess baggage.And they went of their own free will.We move on. Quote Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted October 17, 2011 Share Posted October 17, 2011 They were passengers, excess baggage.And they went of their own free will.We move on.Indeed we do, but to what... Quote Link to post Share on other sites More sharing options...
iain1712 336 Posted October 17, 2011 Share Posted October 17, 2011 Aye... Despite about every other company in the world having board Meetings monthly White (I take it you mean Whyte) will run everything smoothly!?!?!?!?Ok so he should have a monthly meeting ! With who ?Edit to add. stop being a pedantic dickhead my iPhone likes to spell whyte with an i Quote Link to post Share on other sites More sharing options...
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