Jump to content

cooperonthewing

New Signing
  • Posts

    475
  • Joined

  • Last visited

Everything posted by cooperonthewing

  1. Not really all that simples. Irrespective of the debt at 30 June each year, we need something like £15m facility to see us through to our worst cashflow position around April, just before the next season's ticket money starts to come in. Before the auditors can sign off, they need to satisfy themselves that (any) company is a going concern. As part of that, the auditors must ensure that the directors have considered the period ahead for at least the next 12 months from date of signing the accounts. This involves, inter alia, considering cashflow projections for the period and confirming that the necessary bank (or other) facilities are in place or likely to be in place. The bank says, okay we will agree the necessary facility for the next 12 months but only if the cashflow position doesn't exceed x. In order to get to that projected cashflow position, the club therefore needs to do y, z and a. So the club are indeed in control of what they do - the directors have the legal responsibility for running the company, not the bank. But the directors are pretty much pushed into playing ball with the bank in order to get the agreed facility, in order to satisfy the going concern consideration, in order to get the auditors to sign off. There. That really is simples. which means the bank wouldn't be dictating how we use our cash just how much we can spend (which i think we all accept is currently happening). So it's us deciding if we could offer players contracts..... Yes but when you offer someone a contract you are making a commitment that will cost money. Thanks for explaining how a contract works, i was fair stumped there....... I'm sure you know I was pointing out to the poster that if the banks were deciding what we could spend then they would have a say in the contracts we could offer. Not on the individuals involved. But hey, keep having a go with petty little games. Water off a duck's back to me.
  2. Not really all that simples. Irrespective of the debt at 30 June each year, we need something like £15m facility to see us through to our worst cashflow position around April, just before the next season's ticket money starts to come in. Before the auditors can sign off, they need to satisfy themselves that (any) company is a going concern. As part of that, the auditors must ensure that the directors have considered the period ahead for at least the next 12 months from date of signing the accounts. This involves, inter alia, considering cashflow projections for the period and confirming that the necessary bank (or other) facilities are in place or likely to be in place. The bank says, okay we will agree the necessary facility for the next 12 months but only if the cashflow position doesn't exceed x. In order to get to that projected cashflow position, the club therefore needs to do y, z and a. So the club are indeed in control of what they do - the directors have the legal responsibility for running the company, not the bank. But the directors are pretty much pushed into playing ball with the bank in order to get the agreed facility, in order to satisfy the going concern consideration, in order to get the auditors to sign off. There. That really is simples. which means the bank wouldn't be dictating how we use our cash just how much we can spend (which i think we all accept is currently happening). So it's us deciding if we could offer players contracts..... Yes but when you offer someone a contract you are making a commitment that will cost money.
  3. My mate told me that you are a 'member' too. Albeit not of the Trust.
  4. Jesus, you really can't see the contradiction in what you have just typed, are you serious...... Saying someone is accepting freebies so can't be impartial is accusing them of being dishonest, do the Assembly board members know that is how the trust treasurer speaks about them on MB's ? Do you call them dishonest when you sit at the assembly board meetings ? What difference does apparent donations to charity make if you accept freebies from the club. how would that affect you being impartial or not ? You do the exact same thing as the assembly only you give a fiver to charity to take some sort of false moral highground. to get this straight the trust, who claims to stick up for the fans in the media, are best chums with real radio, who have a history of lying about our club on air and gerry effing duffy, who , rangers fan or not, has written more anti rangers fluff pieces for the sun than any other journalist. Having read various Stephen Smith rants over the years to call him a hypocrite on this issue would be an understatement. Will you speak to anyone as long as you get your mugs in the gutter press ? What next a trust hour long special on radio clyde ? Maybe Gerry mcnee could come out of retirement and do expose on the assemblys hospitality shame....... The trusts hypocrisy makes me laugh and thank god you are here to highlight to everyone in this exchange...... I am merely giving my own opinion that the Assembly will never be perceived as impartial whilst it receives funding from the club. I put that very point to the Assembly president only a couple of weeks ago and he agreed with me. People on this forum were there to witness this. If you are trying to imply that I am calling people like Andy Kerr and Ross Blyth dishonest then you really are wide of the mark. Both are really good Rangers supporters and I would never disrespect them in this way. Give me one example over the last five years where the Assembly has come out and criticised the Club, except Jim Templeton after he had resigned his position. The Assembly could be self-financing if all its' members paid £1 a year. As it stands it can't bite off the hand that feeds them. Accepting hospitality, match tickets and expenses is something for individuals and their conscience. I personally do not agree with it but if individuals choose to accept that is up to them. As for you comments on the media to say we are 'best friends' with anyone is misleading at best. Will you also criticise the Club for talking to the very people you say the Trust talks to?
  5. Some of us have read it, I can't speak for the whole Board. I can only give you my own views. I thought it was well written and well presented. Apart from one or two articles, I think most of the points and ideas have already been made to the Club in terms of areas where we need to improve and how we could do it. If the Club takes it on board, fine by me. I'm happy with anything that will improve things for the Club and the fans, regardless of where it comes from. History has shown, however, that they have never been very interested in the past but maybe under a new Chairman things will be different.
  6. Me give up? I don't think so. What is this hole that I have dug?
  7. Boydy managed it up at Tannadice in May.
  8. whats up with him running the club.?? he's not done anything yet don't know how people are moaning about him. He has absolutely no track record of running any company, never mind one the size of Rangers. He was a model, then a salesman. Unfortunately, when the Chief Executive was appointed the wrong man got the job and the right man left us, Nick Peel. He knew exactly how to make money. He was then followed out the club by Campbell Ogilvie and we are now in our current state.
  9. I think there supposed blurred out.?? Woooooosh
  10. I saw it before the game. Great banner, pity where it was though. Looks like it was surrounded by zombies with no faces.
  11. I'd be looking for a company that was going to give us money for this, charities won't.
  12. According to the News of the World (I know) he has gone to Celta Vigo and Kris Boyd has flown to Germany to talk to Hertha Berlin. I hope it's their usual crap.
  13. Woods and Butcher were signed long before SDM took over.
  14. So Andy Devlin lied. You lied in an earlier thread. Two peas in a pod. What's your point? Looks like your 'promotion' to website director has gone to your head a little. I ignored your earlier attempts to suggest that because of my misuse of the word policy that I was suddenly a liar, but you really should move on and stop being so bitter. I am not saying that Andy Devlin lied, merely that he was incorrect in what he said. Why ye not answering the rest of us then? Do you mean the point about the banners? Some of the fans groups made them. The RST made the statement and stick by it. However, if you think the Club is being run well and that none of the points were valid, fine. We'll agree to disagree.
  15. So Andy Devlin lied. You lied in an earlier thread. Two peas in a pod. What's your point? Looks like your 'promotion' to website director has gone to your head a little. I ignored your earlier attempts to suggest that because of my misuse of the word policy that I was suddenly a liar, but you really should move on and stop being so bitter. I am not saying that Andy Devlin lied, merely that he was incorrect in what he said.
  16. http://www.thescottishsun.co.uk/scotsol/ho...ight-spark.html Fail Andy Devlin. At no time did the WDB campaign call for Murray's resignation. Do your research. It wasn't even a campaign, did it not last one game? No. It looked like one game to me Regardless of whatyou think of it, my point is that Andy Devlin is incorrect when he says that it called for SDM's resignation.
  17. http://www.thescottishsun.co.uk/scotsol/ho...ight-spark.html Fail Andy Devlin. At no time did the WDB campaign call for Murray's resignation. Do your research. It wasn't even a campaign, did it not last one game? No.
  18. http://www.thescottishsun.co.uk/scotsol/ho...ight-spark.html Fail Andy Devlin. At no time did the WDB campaign call for Murray's resignation. Do your research.
  19. Please see my response to Bluedell. I see your response that says: "I've also given the impression that there was some kind of policy". No, you didn't 'give the impression'. You quite clearly and unambiguously stated that 'we have changed policy on this'. Why? Indeed why is it that every time you come on here ..... Nah, forget it. I have already.
  20. So there was a policy under the previous regime that was completely against the Trust Rules ? http://www.rangerssupporterstrust.co.uk/rs...2&Itemid=44 That is what you have just said. Interesting. Please see my response to Bluedell.
  21. Your true colours are really starting to emerge. I'm saying you can't be impartial when your funding comes from the Club. I brought up that very subject at a recent fans forum held by the Assembly. I did not say at any time that any member of the Assembly was not to be trusted, stop trying to put words into my mouth. My boss actually works for a local authority. If you are talking about the RST, I have no boss but I see where you are going. I don't believe than any fans organisation should be taking perks from the Club. As RST Treasurer, I know that individuals concerned have made donations to charity when this has happened in the past. It seems that you are trying to discredit a Board nember. Were you banned from FF and are bitter about it? Talking of perks! Do you know if anyone from the RST is paid by Gerry Duffy for Rangers stories? No.
  22. Previous regime? That's a prejorative term. Surely the current regime made up more than 50% of the previous board? They must therefore have been fully supportive of any policies in place. I fail to see the need to try and imply that some past policy is nothing to do with the current board, particularly when you are happy enough to take credit for any past achievements. Sorry D, bad wording on my part. Reading it back it looks like I'm perhaps having a dig and that wasn't the intention. I've also given the impression that there was some kind of policy in place which of course there wasn't, it was just something that evolved. Humble apologies.
  23. He is one of the RST media spokesmen. He does not seek attention, people seek his views, thankfully.
  24. He is ginger, I'll give you that. dont you think he looks too much like higgins,hehe, as i said speaks sense and thinks how 95% of bears think,(well you do get that minority that think they know better)and sticks by what he says,i cant see how anyone can argue with that. He may look like Higgins but he is a Bear- 100%
  25. Only a fan? Are the fans not supposed to have an interest in the Club's future?
×
×
  • Create New...