Jump to content

From the sublime


D'Artagnan

Recommended Posts

  • Replies 54
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

It wasn't released through BM it was released through PA Sport.

Former Rangers chairman Malcolm Murray and Paul Murray, who was an Ibrox director before being removed by Craig Whyte, were among a group of shareholders who raised a petition at the Court of Session in Edinburgh in a bid to force a vote on their admission as directors along with Scott Murdoch and Alex Wilson.

A hearing was held where it was decided that a judicial review first hearing will take place at the court on October 14.

Earlier this week, on the same day Rangers announced an operating loss of £14.4million, the club confirmed they had rejected a request to distribute notice of the proposed vote to shareholders ahead of the annual general meeting on October 24.

However, they could now be forced to stage an election at the AGM to determine whether the four proposed nominees can join the board.

A spokesman for the petitioners told Press Association Sport: "We are delighted with today's hearing and we look forward to having the opportunity of establishing the validity of our proposed director nominations on Monday October 14 at the full hearing.

"In the meantime we would ask shareholders to firstly do nothing until it is clear what they are being asked to vote upon at the AGM and secondly note the actions of this board of directors, who seem hell bent on putting up every legal and technical blockage to our nominations.

"Why are they so scared of a vote if they have all the shareholder support they claim to have?

"It is ridiculous that we are forced into going to the Court of Session in order to give the shareholders a democratic vote at the AGM.

"The stalling tactics of this board are indicative of why the shareholders felt compelled to make these requisitions in the first place."

A Rangers statement to the London Stock Exchange read: "The petitioners sought interim orders to prevent the annual general meeting of the company from taking place on 24 October 2013. No such orders were granted by the court."

The statement went on to say that while the company considers its legal position "robust", it had been agreed that the AGM would go ahead as planned on October 24, with a vote included if the petitioners are successful on October 14.

A spokesman for the Rangers board later outlined their position.

Jack Irvine said: "A small group of shareholders served notices on the club seeking to have themselves appointed as directors at the AGM.

"The club is obliged to take steps to verify that the shareholders had made a valid request. The club's lawyers were of the firm view that the notices were not valid and entered into open discussions with the shareholders' lawyers on why they took that view.

"They sought clarification from the shareholders on the question of validity. The club extended an open offer to those shareholders to meet to discuss the issues. That offer was not even acknowledged.

"Instead without any warning the shareholders went to court seeking an order to stop the AGM taking place. The court declined to grant the order and the legal process will now continue."

The court battle follows months of wrangling between the board and a group of shareholders who are concerned with corporate governance at the club.

In an earlier statement, Rangers claimed that the request was received from shareholders representing 5.03 per cent of voting rights of the company, but that not all of the required support was correctly validated.

Rangers also revealed that the petition had been filed by Paul Murray, Malcolm Murray, Ian Cormack, John Graham and Colin Howell, representing 0.71 per cent of the voting rights of the company.

The morning statement added: "Whilst the company intends to strongly resist the petition, the board intends to take all possible steps to avoid unnecessary cost and disruption to the company."

PA Sport

http://asia.eurosport.com/football/rangers-face-challenge-over-vote_sto3950747/story.shtml

Link to post
Share on other sites

I used to enjoy reading different bloggers. Good writers and always seemed to agree with them in the days we all had a common goal. Sadly nowadays it's not been so good reading - they're too busy slagging each other and arguing amongst themselves.

A shame . . . . and a waste.

Link to post
Share on other sites

You do yourself no favours with this post. Try and remain objective.

I have remained objective throughout this entire debacle and for you to suggest otherwise - does you no favours.

The link is there for all to see - if as Bawburst suggests it has been released via a different medium that that is not what it indicates on the link.

Link to post
Share on other sites

I have remained objective throughout this entire debacle and for you to suggest otherwise - does you no favours.

The link is there for all to see - if as Bawburst suggests it has been released via a different medium that that is not what it indicates on the link.

Worth checking it though. There is a difference between a blogger being a bit misleading and the club releasing official statements through a blog.

Link to post
Share on other sites

It was amazing that the first person to carry the "statement" was McMurdo.

If he is a simple blogger, how was he able to pick it up a good 15 minutes or so before ANY of Scottish Media (including McGlaughlin) ??

Bill was obviously given first view if this and allowed to post it up before any real journalist, possibly for favours given previously.

Link to post
Share on other sites

I have remained objective throughout this entire debacle and for you to suggest otherwise - does you no favours.

The link is there for all to see - if as Bawburst suggests it has been released via a different medium that that is not what it indicates on the link.

I think it does indicate it. At least you admit that we have had the sublime this week.
Link to post
Share on other sites

Worth checking it though. There is a difference between a blogger being a bit misleading and the club releasing official statements through a blog.

I agree legal though I think you are being generous in describing it as a "bit misleading". Ace's comments subsequently appear to indicate that the initial sentiment of my opening post was correct.

This is not about being critical of Bill's blog - I just dont think its appropriate our club are making such releases via a blog

Link to post
Share on other sites

I agree legal though I think you are being generous in describing it as a "bit misleading". Ace's comments subsequently appear to indicate that the initial sentiment of my opening post was correct.

This is not about being critical of Bill's blog - I just dont think its appropriate our club are making such releases via a blog

Can you say with certainty that they did? I see no evidence the club have done this.
Link to post
Share on other sites

It was amazing that the first person to carry the "statement" was McMurdo.

If he is a simple blogger, how was he able to pick it up a good 15 minutes or so before ANY of Scottish Media (including McGlaughlin) ??

Bill was obviously given first view if this and allowed to post it up before any real journalist, possibly for favours given previously.

tbh im quite happy that mclaughlin was the one to break the news.

but my first choice wouldnt have been bill

cant see why the club doesnt schedule press conferences to coincide with stock market statements

we sorely need some professionalism in dealing with the media

Link to post
Share on other sites

it isn't even rangers that are speaking anymore,irvine and the people he represents are holding the club hostage,the actions and statements coming from this group show they don't give a shit about rangers,it's just greed and personal interest,clinging on to the gravy train at all costs

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Upcoming Events

    No upcoming events found

×
×
  • Create New...