Taipan
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Posts posted by Taipan
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Under no circumstances will monies be returned to members, it must be dispersed in accordance with the legislation i.e. to another asset locked CIC, IPS or Charity (as nominated in the articles) or to one with a similar community objective. I'm not sure whether the secretarial work was ever done but the organisations discussed were the Rangers Charity, Erskine & the Davie Cooper Centre - god bless you Davie I can't believe it's been 22 years since you left us.
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39 minutes ago, Sweetheart said:
Cheers, I believe your correct in saying they are separate entities. I was wondering if it could be legally done.
Yes, the monies held in the Club 1872 Shares CIC can be transferred to any other CIC with an appropriate asset lock with members' consent.
- thebooler and Sweetheart
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2 minutes ago, govansw1 said:
Am I correct in thinking under projects CIC you cannot donate money to the Club without getting something in return eg own the pitch etc. Also, entering into a preemptive agreement (ie to get first refusal on future shares). How does this work?
It's open to interpretation to be honest, the use of CIC money has to directly benefit the community but not necessarily in tangible form, the mental health of the community (us) is just as relevant as owning a part of the stadium. The community benefit outcome is what will be questioned by the Regulator and needs to be quite clear before any funds change hands.
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1 hour ago, Corky True Legend said:
Serious questions. Is there any way that the membership of Club 1872 can vote to allow the CIC to cease to be a CIC? I honestly don;t know if this can be done or not. Alternatively, if they break CIC rules, what action can the regulator take?
Yes a CIC can cease being a CIC, the members of Club 1872 are also the members of the share owning CIC and the projects CIC, or I believe that is the the intention. This might change once properly constituted so that the membership of each reflects how each member wants to allocate his/her donation.
It would be a complicated process with the members either becoming shareholders or relinquishing their membership. The community assets in the asset lock would have to either be transferred (sold) to the shareholders for full value and the funds dispersed in accordance with the legislation. Alternatively pre cessation the assets can be transferred elsewhere in accordance with legislation. Consent would have to be sought from the CIC regulator.
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1 hour ago, Sweetheart said:
Thanks for your reply. I was thinking there may be a clause in the contract that they could leave Club1872. RF was very successful as a stand alone group. I can't help but think joining Club1872 has damaged that success and allowed them to be manipulated. I also think the vote to merge was rushed.
27 minutes ago, Courtyard Bear said:As far as I know that would be a no.
The members of Rangers First 2014 CIC transferred, by consensus, their memberships into Club1872 Ltd, the RST members did the same. That can only be reversed by all the members of Club1872 consenting to a reversal, but that's in theory because until the constitution is written the members of Club1872 are the shareholders. Rangers First 2014 CIC has been renamed as Club 1872 Share Ownership CIC.
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55 minutes ago, Sweetheart said:
This is where it was messy imo. the constitution was written before the board were elected and the people involved in writing the constitution had COI
The constitution hasn't been written yet, Club1872 operates under standard articles (see minutes of January meeting).
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Just now, Courtyard Bear said:
I would hope they do, first on the agenda should be a vote of no confidence in the board and a new election asap.
I disagree CB, first on the agenda has to be the writing of a constitution that any new board member can rely on, we have to end the cycle of the only solution to dispute among the members' board being resignation. Second would be a Code of Conduct for directors.
Then we can progress to elections, maybe with that in place the good people representing us we have lost will return.
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1 minute ago, Courtyard Bear said:
It would only be right and proper if the 3 resigning directors are allowed to attend this meeting as I'm sure Sloth will turn it into a character assassination helped by well placed plants in the audience.
After all the 3 are members and I'm sure paid the full price for a life membership unlike some cunts who tried to buy some else's for only £100.
I didn't read anything suggesting they'd resigned their membership so no reason why they cannot attend.
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1 minute ago, onefootwillie said:
Just received this email and am astonished at the contents and the lack of a detailed response from the remaining directors. If the issue was not seen by the remaining directors as a clear conflict of interest I worry for the future of 1872 . I look forward to the meeting but with that response I find it difficult to see how how they can continue in post with anyone having confidence in their ability to asses a situation where there could be a conflict of interest .
Even if the other three directors assessed it as there being no conflict of interest, three directors quite clearly did and there has to be a written agreed protocol of what happens thereafter, that's what's missing in this.
- onefootwillie and thebooler
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The most important thing that can happen now is for the constitution of the organisation to be finished. It might have protected the position of those directors who felt that there own integrity was being compromised either by certain actions or by the lack of action. A baulk standard community constitution will clearly define what serving directors can and cannot do and require serving directors to authorise a conflict of interest.
In this instance the director seeking employment with the Club would have been considered conflicted and not permitted to vote, that would then have been a 3-3 tie forcing it to go to the members.
Without a constitution that the members can rely on it is difficult to see how Club1872 can progress.
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14 hours ago, psb07158 said:
Yeah, but will he wear a suit or tracksuit on the touchline?
Definitely suit, maybe the return of the cardigan (but with long sleeves he's from the med) underneath.
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34 minutes ago, Hilly86 said:
Sometime since we had a hard man in our team, one of those that if you saw him starting to chase you, you start shitting it 'cos you know it's going to hurt!
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Maybe a bit of aggression on the park too, that would be nice!
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18 minutes ago, harlands plater said:
He could replicate the mid-table mediocrity he achieved at Clyde with us no bother.
Mate, mid-table - he's 7 points off a Lowland League play off!
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I suspect the conversation on Monday went along the lines of 'you want rid of my clients and they want to move on, if you waive your right to compensation then they will resign' to which our directors responded 'we will waive our right to compensation.'
Burning question thereafter is whether our directors confirmed that the resignation was consequently accepted on the basis that the agent offered a basis of termination and it was accepted at that point, or, it was not accepted and it was popped back into the agent's court without acceptance.
If the agent did not subsequently withdraw the offer to terminate, it was within the board's right to accept it at a later point, and this is what they did on Friday.
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Guidi's a muppet!
The contract of employment is terminated, only remaining question is whether it was a bona fide resignation or constructive dismissal.
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I struggle mid week GB so can let you have the St Johnstone game if it's not too far away. Let me know if you need me to send you the info again or whether you securely stored my personal data
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Maybe not the Subway Loyal but the Albion Car Park Loyal, getting out of there can be a major clusterfuck
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On 5 July 2016 at 10:26 PM, govanblue said:
I've just noticed this on the RDYC facebook...
So don't be too surprised if you get a sales call again sometime soon - and expect a new batch of "I just got a weird call from a scouser" threads.
Of course, you can always pre-empt that by signing yourself up to rangers Lotto directly...
http://www.rangerslotto.co.uk/?page_id=43
or by just buying a couple of Rangers Lotto tickets as a one-off...
http://www.rangerslotto.co.uk/?page_id=39
I wished you'd mentioned that, I could have swung you a deal at a call centre in Mumbai, much easier to understand than Scousers
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2 hours ago, Bears r us said:
Who knows how good a player he could have been but for his hellish injury
Wish him all the best in the future.
His runs from deep in the midfield were awesome pre injury, never quite got back to that level afterwards. I remember going to the reserve game he made his comeback in, 2nd largest crowd of the week.
Thanks for the memories Ian, once a Ranger!
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Clearly his da was kidding him on as he was in South East London
club tie
in Jimmy Bell's Kitroom
Posted
PM your address mate and I'll post you one, I had 2 debenture seats during the SDM years and you were sent a free tie each year per seat.