RST - Latest Press Releases

[Carsons Dog 9,878]

The bat signal has gone up for reinforcements. Expect to see Buzz or Fury or other RST apologists join this thread soon....

Well the interest alone would have bought a good few shares

[gogzy 31,195]

The bat signal has gone up for reinforcements. Expect to see Buzz or Fury or other RST apologists join this thread soon....

or the dark horse tiapan.

My money is on buzz

[Ace 3,645]

The bat signal has gone up for reinforcements. Expect to see Buzz or Fury or other RST apologists join this thread soon....

Rather than say apologists, why not accept that some see a benefit in being part of RST, if you don't then I would say more power to you ... it's a free world, choose to join or choose not.

[Carsons Army 4,146]

Rather than say apologists, why not accept that some see a benefit in being part of RST, if you don't then I would say more power to you ... it's a free world, choose to join or choose not.

Some benefit more than most, Do you have access to interest free loans?

[RST 19]

Some benefit more than most, Do you have access to interest free loans?

Tell a lie often enough etc.

[Edmiston Drive 3,846]

Tell a lie often enough etc.

What interest was charged then for taking 18 months to settle a dud cheque?

PS

Still waiting for that list of success achieved over the last 10 and a bit years............you have joined the ranks of rst members who can't find any.

[CaptainofIndustry 921]

The person you are talking about was democratically elected last October. Not one person in the room put up their hand to oppose it.

That doesn't say much for the integrity of the RST board members who privately admit it would be better for the RST if MD stood down. And yes, that does mean you.

[Carsons Army 4,146]

Tell a lie often enough etc.

So now I am a liar ?

He bounced 2 cheques and never paid back the money for almost 2 years, are you disputing that or are you going to further disgrace the trust by telling lies to protect your master ?

Do you launch smear campaigns against everyone who exposes the financial mismanagement of the Trust ?

[gogzy 31,195]

Thread is getting interesting now the RST shift is online.

[Carsons Army 4,146]

Thread is getting interesting now the RST shift is online.

Where is Bluepeter when you need him, A prominent member of The Trust has just called me a Liar over an incident that is public knowledge.

I demand an apology !

[gogzy 31,195]

Haud ma jaiket SOU. I'll sort this shit out

[BEARGER 339]

So now I am a liar ?

He bounced 2 cheques and never paid back the money for almost 2 years, are you disputing that or are you going to further disgrace the trust by telling lies to protect your master ?

Do you launch smear campaigns against everyone who exposes the financial mismanagement of the Trust ?

I do not think you are factually correct with this. Can you provide the value of these cheques and what was paid back and when?

[Edmiston Drive 3,846]

I do not think you are factually correct with this. Can you provide the value of these cheques and what was paid back and when?

Fud you like, you should keep abreast what you say on other threads................you say you know nothing of chequeman and you come away with the piss.

How's your contact getting on in that queue :7325: :7325: :7325: :7325: :7325: :7325:

[Carsons Army 4,146]

I do not think you are factually correct with this. Can you provide the value of these cheques and what was paid back and when?

I posted a link to the previous thread on Friday or Saturday. I believe the sum was in the region of £2,600.

He attempted to pay the debt twice and the cheques bounced twice. I believe this sum of money would have been mentioned in the accounts and at the AGMs, well you would assume so anyway

[BEARGER 339]

Fud you like, you should keep abreast what you say on other threads................you say you know nothing of chequeman and you come away with the piss.

How's your contact getting on in that queue :7325: :7325: :7325: :7325: :7325: :7325:

See we are back to the name calling from you, no surprise. Why are you all over these RST threads? You told us all the RST was disbanding, just one of your various lies on here.

[gogzy 31,195]

Cut out the name calling guys. I dont wanna have to lock this.

We can all debate rationally, hopefully.

[AlBear. 8,499]

Can we not just have a RST/ED/SOU1999/thehost section of the forum?

Bears den is becoming very repetitive.

[Carsons Army 4,146]

Text of my letter sent by email to Stephen Smith

S Smith, Esq,

Chair

Rangers Supporters Trust

Saturday, 02 October 2010

Dear Stephen,

RESIGNATION FROM THE BOARD OF RANGERS SUPPORTERS TRUST

I hereby tender my resignation from the Board of Rangers Supporters Trust with immediate effect.

As you know it was my intention to resign from the Board at the same time as resigning as Secretary on 12 August 2010 but several Board members persuaded me to remain on the Board as they sought to remove yourself and Mr Mark Dingwall. At the same time I wanted to ensure that my financial management proposals were implemented in full.

However, following the AGM and the Board’s subsequent statement it has become clear that little positive can emerge for the Trust, its members or I from my continued membership of the Board. Furthermore, I cannot in all conscience remain in membership of a Board which takes such a different view of critical matters for the organisation.

In my opinion your position as a Board member is untenable for a number of reasons not the least of which was your failure as Chair to advise the Board of the debt owed by Mr Dingwall from September 2008 to August 2010. Equally I am of the opinion that Mr Dingwall’s position is untenable for a number of reasons, principal amongst which was his failure to declare the conflict of interest that arose from his debt as required by rule or to stand down from the Board at that time.

I call upon you and Mr Dingwall to resign forthwith.

I share the view expressed in some quarters that the best way forward for the Trust at this critical time would be to seek out and appoint an “independent†person of standing and gravitas in the greater Rangers community as Chair.

Yours sincerely,

Alan S Harris

[Edmiston Drive 3,846]

Can we not just have a RST/ED section.of the forum?

Bears den is becoming very repetitive.

:7325: that's a cracker

[Carsons Army 4,146]

RANGERS SUPPORTERS TRUST

AGM 19 SEPTEMBER 2010

STATEMENT BY ALAN S HARRIS

As Secretary of the Trust at the Financial Year end and at the time of the audit it was my responsibility to sign the accounts on behalf of the Board. I am an Independent Financial Adviser by profession and both I and my business are authorised and regulated by the Financial Services Authority (FSA). I am also a Director of Supporters Direct (SD) which is the umbrella organisation for Supporters Trusts.

The auditors of RST drew attention to a debt of £2,690 arising from bounced cheques issued by followfollow.com. This means that the Trust’s money, your money from your contributions and events, effectively was lent to followfollow.com. That loan was outstanding in whole or in part during most of our last two financial years. This was known to the Chair, the Vice Chair and the Treasurer but the Board were never informed.

The auditors pointed out that our Rules, which determine our objectives, do not allow for making loans to third parties and that as a result there were breaches of various Rules. The auditors stated furthermore that breaching these Rules could lead to action being taken by the FSA or our taxable status being challenged by the Revenue. In other words by making the loan we could become taxable on our income.

In addition to followfollow.com, the Trust received and paid income on behalf of other third parties such as the Erskine Appeal, Sam English Committee and for some reason that I don’t understand we also had monies owing to the Student Loan Company.

The auditors [abridged] (stated) there was no documented reconciliation to ensure that only income received was in fact repaid to third parties; [abridged] this could lead to wrong amounts being paid and expenses not being recouped from third parties; the possibility of inaccurate accounts; and an increased likelihood of errors or misappropriations.

My professional standing and integrity are very important to me. Indeed it was as a result of my standing in the financial services community that earlier this year I was able to introduce the solicitors who were (said to be) acting for the richest man in Scotland who was considering underwriting our bid for the Club. I took the view that if I had signed the Accounts I would be putting my professional standing at risk by condoning the mismanagement and irregularities disclosed in the audit. Furthermore, I was not prepared to jeopardise my own business authorisation by being associated with breaches of Rules that the auditors said could result in action being taken by the FSA. Therefore I was not prepared to sign the Accounts and in the circumstances concluded that I should resign as Secretary which I did on 12 August.

Some people have asked why I did not resign from the Board at the same time. Certainly that was my original intention. There were two reasons why I did not do so:

1. Several Board members urged me to remain on the Board arguing that they would then be well placed to ensure that the Board acted responsibly by implementing my financial management proposals and ensuring that others stood down; but more importantly,

2. I wanted to ensure that if necessary I was in a position to make these facts known to the members especially all of you have taken the time to be here today.

Of course it is for you the members to decide the best way forward for the Trust.

For my part I am glad to have had the opportunity to serve as Secretary of RST and I am proud of my contribution. During my time on the Board and six months as secretary I re-wrote the Rules of Gersave and wrote a set of Financial Management Proposals including requirements to have budgets and controls over income and expenditure. I made a significant contribution to the Acquisition Proposal for the Club that we drew up in March. Lastly I introduced an election procedure based on SD best practice.

At all times I have acted in the best interests of the Trust and the wider trust movement which I now serve as Director of Supporters Direct. SD are aware of my resignation and the reasons for it and have indicated that they feel I have acted with propriety.

Alan S Harris

• 
  

[AlBear. 8,499]

:7325: that's a cracker

Please don't PM me...

[thehost 11,061]

Text of my letter sent by email to Stephen Smith

S Smith, Esq,

Chair

Rangers Supporters Trust

Saturday, 02 October 2010

Dear Stephen,

RESIGNATION FROM THE BOARD OF RANGERS SUPPORTERS TRUST

I hereby tender my resignation from the Board of Rangers Supporters Trust with immediate effect.

As you know it was my intention to resign from the Board at the same time as resigning as Secretary on 12 August 2010 but several Board members persuaded me to remain on the Board as they sought to remove yourself and Mr Mark Dingwall. At the same time I wanted to ensure that my financial management proposals were implemented in full.

However, following the AGM and the Board⤙s subsequent statement it has become clear that little positive can emerge for the Trust, its members or I from my continued membership of the Board. Furthermore, I cannot in all conscience remain in membership of a Board which takes such a different view of critical matters for the organisation.

In my opinion your position as a Board member is untenable for a number of reasons not the least of which was your failure as Chair to advise the Board of the debt owed by Mr Dingwall from September 2008 to August 2010. Equally I am of the opinion that Mr Dingwall⤙s position is untenable for a number of reasons, principal amongst which was his failure to declare the conflict of interest that arose from his debt as required by rule or to stand down from the Board at that time.

I call upon you and Mr Dingwall to resign forthwith.

I share the view expressed in some quarters that the best way forward for the Trust at this critical time would be to seek out and appoint an ⤽independent⤠person of standing and gravitas in the greater Rangers community as Chair.

Yours sincerely,

Alan S Harris

Don't think I have seen that letter before.

I knew the story of bounced cheques but not the letter.

[Edmiston Drive 3,846]

Cut out the name calling guys. I dont wanna have to lock this.

We can all debate rationally, hopefully.

I never called him name Bud.............Fud is a Kinning Park slang term for mate.

[bawsburst 1,381]

Cut out the name calling guys. I dont wanna have to lock this.

We can all debate rationally, hopefully.

Why would you lock it, the rst wasn't fit for purpose this morning and it isn't fit for purpose tonight, hometruths need to be told and if that includes calling a spade a shovel so be it.

[D'Artagnan 13,319]

I do not think you are factually correct with this. Can you provide the value of these cheques and what was paid back and when?

You are really not getting this Bearger are you ?

Now you should know by now that I do not go in for RST bashing, but neither will I allow the truth to be manipulated.

Does it really matter what the figures were or the timescale for repayment ?

Are you people within the RST remotely aware how unedifying all this is to people on the outside, who deal with, or in my case have had occasion to investigate committees amid allegation of financial irregularities ?

This whole thread is littered with reasons why I feel the RST is "fatally wounded".

It stinks of cronyism. lack of accountability and attempts to smear others when it is clear to all (except those within the RST apparently) where the blame lies.

But perhaps,worst of all, is the lack of contrition, honesty and humility for what has transpired. And that is that the dreams and aspirations of many within our support, have been taken from us and crushed because of the ambition of one individual.