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legalbeagle

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Posts posted by legalbeagle

  1. Personally, I have always preferred a more direct style, and no, that doesn't mean lumping the ball up to a big man, but the football that Laudrup and Gascoigne played was very purposeful. Generally, I like our style of play, I always worry about ending up like Arsenal where the players became scared to shoot for a few years. There is a balance, and we can find it pretty easily.

  2. 2 hours ago, TheLawMan said:

    I genuinely dont think it was tendered until yesterday or the day before so no. (tu)

    However even it had been tendered months ago, it wouldnt change my opinion that they could have said it,  It wouldnt make my opinion any more or less valid. (tu)

    It won't change your opinion, all I am saying is that it doesn't make it right or wrong.

    also, the fact that it would be ridiculous for him not to be able to say it, doesn't mean it wouldn't have ended up in court, as we have seen.

  3. 1 hour ago, TheLawMan said:

    :lol:

    Im not trying to take credit for anything.  Its really simple.  There is a group of 6/7 posters on here who challenge everything i say and accuse me of all sorts to the point of me being a "taig troll who should fuck off and die"  I didnt even bring it up on this thread when it was revealed, i just laughed then somebody else did.

    The simple fact of the matter is that i said all along that handing in the notice in no way compromised the right to sue or go after the legality of the deal.  In fact i believed the longer we left it in place without handing in notice, the more we actually justified it.  The pied piper gang were having none of it, not because what i said didnt make sense, but simply because they HAVE to challenge it.  So when the club release a statement confirming exactly what i said and somebody brings it up, then you can forgive my wry smile when another poster on here recognises that and remembers them.

    As for the notice disclosure, then I still maintain as i have all along that a Board of Directors can tell shareholders, "As a Board of Directors with a duty of care to do what is best for the companies future, we have served notice on our retail deal." This would not, "in my very considered opinion" break any confidentiality around details contained in a contract and would be thrown out of court much like what we have just saw with Lord Justice Smith. (tu) 

    To your very last point, do you think it is a coincidence that this has been stated right after the decision by Ashley to drop all of his lawsuits?

  4. It says a lot about this country that asking someone to backup such serious allegations is seen as attacking the press, rather than the existence of the allegations being seen as shoddy journalism. I have no problem with us being criticised where it is fair comment, but open season on just printing unsubstantiated innuendo on us should be at an end.

     

    it is appalling that any sort of editorial standard has lost its way so much as to have let this through in the first place.

  5. Times are such that losing out to a player who goes to Leeds is not a shock. Regarding buying players from other Scottish clubs, I would just steer clear, they seem to only do business in the press, pretending to be enraged while trying to Jack the price up. Where we do our business in England, it is relatively private and quick, only the Scottish ones are sagas, and I would rather not give them the money.

    Although it is a different level of player, it has always been the same as far as I can remember.

  6. More than happy if we knew about weather conditions, but if we end up missing games in December and then off on a break when we would be able to catch games up, or ditto, have a break in good weather and then a bad snap in February, it'll just be annoying.

  7. Just from games I was at, probably Albertz v them, 30yard free kick in the 3-1 new year game.

    One that nobody will remember was an absolute screamer that Erik Bo Andersen hit in a 6-1 win against Dunfermline, league cup semi final at that green plastic shitehole. Don't even remember the year, just an amazing hit.

  8. Does anyone care to name these posters they claim are Ashley lovers or support Sports Direct? Id like to know because I don't know who they are.

    The funny thing was folk thought Ashley wanted to come to Rangers to spread the name Sports Direct, and thats exactly what groups like RST and SOS have done. The name sports direct is never out the papers and the news now.

    Do you get the irony of your first question here compared to the first sentence of your previous post?

  9. :lol:

    Woah. That's some attempt at distorting the truth. The 5p in a £1 is a total crock of shit measurement. It's a liberty. And it's taking our fans for fools. (tu)

    It is a reasonable enough concept of a measurement, most of us are genuinely only interested in how much money Rangers get out of the deal.

    Future earnings, retained profit and all that are fine, but really immaterial to the club in that we have had actual cash issued over the last few years.

    It is only misleading if people think we get 5p and SD get 95p of the profit. As long as that is made clear, it really isn't that bad a measure.

    It may feel unfair because it is not taking costs into account, and obviously if Rangers sold these ourselves, we would receive all of the money and then pay out costs, and could end up at a similar benefit, but given the circumstances, knowing how much of my money would end up with my club (or has ended up with my club) when I buy official club goods seems reasonable.

    And to keep sort of on the topic, the reason I was asking was because of the debate around RST saying £10 (or £11) would go to the club from each £20 shirt, so there is a comparison.

    And of course it is interesting that in both cases the money getting to Rangers is delayed, for different reasons.

  10. Just because a majority of posters, not you of course, failed to grasp what he laid out does not amount to misirection.

    The deflection on this thread is especially interesting. What started out being about a fans group selling crap to the detriment of the club is now all about the SD contract.

    I totally grasped what he was saying, and also that it was utterly irrelevant. I am genuinely only interested in benefit to Rangers.

    In terms of this thread, if people wanna buy RST stuff, they should buy it, wanna buy official merchandise ditto. Personally, I wouldn't give money to either.

  11. If you had asked me your final question in 2012 i would have said no. If you are asking me if i think its fair at this stage from a £1m declared profit, then 100% yes it is. (tu)

    I think our fans are stuck in the days when we had £20m coming in the door from retail. (tu)

    Some may be, some of this thread is pretty ironic though, where people have been questioning the RST costs, and questioning them saying half the cash would be put towards shares, at the same time as we are accepting the height of the costs in this enterprise.

    We will need to agree to differ on the split of the profits being fair.

  12. So here's my question.

    Given your understanding of how a business runs do you believe a £300k dividend from £1m profit is a Reasonable return?

    Also given your understanding do you agree cash needs to remain in the business to protect ongoing trading or should more dividends have been paid out?

    (tu)

    Absolutely depends on the type of JV as to how to answer those two questions. So, I can only say I don't know.

    The ongoing retail operation does require cash to continue to run, whether this is all in the right area, I have no idea.

    I do think (although not asked) that to have received £300k out of £1.1m in roughly 50/50 JV is poor.

    Let me ask you, do you think £300k to Rangers is in line with what you would have expected for our merchandising?

  13. Im not being insulting. It's the truth.

    If people want to solely look at dividends paid so far against revenue generated then it's very clear they have no interest in the economics or have no clue about how businesses operate.

    A £5m operation generating consistent £1m profit is better than a £15m operation making a consistent £5m loss. Comparing dividends to a revenue figure does not tell you about the business and how it's running. (tu)

    Yes, you were being insulting and suggesting that I could not understand the realities of how a business run, how a contact works, how a jv runs, by assuming what you thought I would say depending on the answer to my question that you have been avoiding merrily.

    Don't worry about it though, I'm not sensitive.

  14. It doesnt matter. It will always be a lie, or completely wrong. You will never understand the economics. (tu)

    You can continue just being insulting, but it is odd that you don't want to answer the question, we have had discussions on here about £10 of every £20 from the RST going to the club, so it is helpful to have a comparator.

    It may well be the answer is low and can be given a comment around it that economies of scale would see it increase, just not wanting to answer it is, as I said, odd.

    Given what I spend my life doing, I am more than capable of understanding a value proposition that is put forward and grasping a business case.

  15. Look, I know you know nothing about accounts and how businesses work but surely you understand the simple economics of business in that you have to look at costs when considering revenue.

    For example which is the best operating model for a continuing operation?

    Business X brings in £5m revenue, has £4m costs but pays out a £2m dividend.

    Business Y brings in £5m revenue, has £4m costs but pays out £600k dividend.

    It is a really simple question about what Rangers have received out of the revenue.

    The only reason I am asking is because that is the point of the SOS claim, and we have people saying their claim is a lie, just trying to understand the truth of it.

  16. Ive never said folk dont have the right to buy an rst top ive said its wrong for them to market then as alternatives or to say the money goes to the Club.

    Im not expert but i dont think SD or the Club have any legal obligation to reveal the figures, i asked if any other Clubs release figures on their retail deal.

    The reason i ask to see the RSTs figures is because the RST and the SOS constantly go on about the retail deal without knowing the figures and their supporters constantly ask for them to be released so for them to do the exact same thing with their tops is utter hypocrisy.

    First yous tell us its 5p in the pound then you say that SD wont release the figures so which is it?

    Ah, I thought you were actually interested in the figures - but if it is just some sense of 'fairness' then we can probably just ignore you.

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