Dennis 1,011 Posted January 16, 2014 Share Posted January 16, 2014 Wondering how long it will be before McCoist gets the blame WadeWilson 1 Quote Link to post Share on other sites More sharing options...
wearethepeople1 3,897 Posted January 16, 2014 Share Posted January 16, 2014 Problem is that PR like this does not do much to encourage potential investors!If things do take a turn for the worse, at least we have someone like King in the background who may do a deal to take control.King? You really thing king gives a flying fuck? There were 2 million shares going yesterday for a song, so if he was that interested why did he not buy them? King isn't going to ride in and save the day Quote Link to post Share on other sites More sharing options...
mitre_mouldmaster 21,509 Posted January 16, 2014 Share Posted January 16, 2014 Crosses my mind because it keeps getting mentioned by anti-board campaigns etc.It's vastly different to two years ago, even in the simple fact we don't have any debt or HMRC chasing us for millions. Nothing's impossible but i'd be incredibly surprised.We are running at a loss and have been for the best part of 2 years. We might not have debt, but when we dont have the cash to pay wages and bills, we still go into Admin.I dont see how the hell we can cut what needs cut in time when our cash projections are so tight. Quote Link to post Share on other sites More sharing options...
Coop 654 Posted January 16, 2014 Share Posted January 16, 2014 One bright light is this is not the same as the situation under Whyte. Then our biggest creditors were HMRC and behind them trailed a long queue of businesses and clubs.This time our biggest creditors would be our own employees and as long as there's been no withholding money from HMRC we shouldn't be at the mercy of those bassas. Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted January 16, 2014 Share Posted January 16, 2014 The problem is that this move looks desperate.It looks like its a case of 'take a 15% cut or we are going to admin'!We should not be asking our players to take a cut, its just not done. We should sell players or release players with a pay off to reduce overall cost, but no financially stable business especially a football club asks their staff to do this unless they are desperate!Who has said that though? Only folk on forums as far as I can see. By the sounds Wallace mooted the idea to McCulloch and he put it to the squad, it doesn't really sound that desperate. We have a manager who claims he can't even fill the bench so i'm not too shocked if he's looking at cost cutting measures without needing to get rid of too many bodies, although it'll have to come to that imo. Quote Link to post Share on other sites More sharing options...
the goal machine 7,791 Posted January 16, 2014 Share Posted January 16, 2014 Problem is that PR like this does not do much to encourage potential investors!If things do take a turn for the worse, at least we have someone like King in the background who may do a deal to take control.Hopefully mate. Quote Link to post Share on other sites More sharing options...
KingKirk 25,602 Posted January 16, 2014 Share Posted January 16, 2014 They are trying to cut to deep far to quickly.. Quote Link to post Share on other sites More sharing options...
willygers4life 1,031 Posted January 16, 2014 Share Posted January 16, 2014 Now is not the time to picking the faults of previous boards. But can anyone see investors letting the club slip into admin and lose out on there investment, last time at admonition was only one person that was losing money as such, and it wasn't his money to lose. This time is different and if we are heading to admin we will see who the real rangers men are. But this is cost cutting at its easiest it. Would anyone of you lot like to see the general day to day staff sacked, in order to keep people like cribari, smith and other fringe players? All that Wallace is doing is asking the players to defer a percentage of wages to stop ally and fans moaning that players had to go Quote Link to post Share on other sites More sharing options...
mitre_mouldmaster 21,509 Posted January 16, 2014 Share Posted January 16, 2014 King? You really thing king gives a flying fuck?There were 2 million shares going yesterday for a song, so if he was that interested why did he not buy them?King isn't going to ride in and save the dayMaybe he thought a better opportunity was round the corner. Why would he buy now when he cant go by the 30% mark? Quote Link to post Share on other sites More sharing options...
cushynumber 25,178 Posted January 16, 2014 Share Posted January 16, 2014 SSN described it as an "exploratory discussion" between Wallace and the players - i.e "how would you feel about a 15% wage cut" type of thing, and the players said no.The sense of everybody around us rubbing there hands with glee is palpable though. Quote Link to post Share on other sites More sharing options...
gogzy 31,195 Posted January 16, 2014 Share Posted January 16, 2014 Graham Wallace suggested it to Lee McCulloch (meeting with McCoist and Captain) who proposed the Wage Cut to the rest of the squad...they were asked if they were open to a potential wage cut, 15% is purely speculation.One of a number of ways to cut costs and this was asked as a suggestion.From Sky Sports NewsNot sure why so many are panicking right now. Wallace said there would need to be cost cuts, we all agree that the wage bills are too high, why are so many people surprised, and wanting to see the negatives in Wallace trying to do exatcly what he said he would do.This ( I would imagine) was only one idea in a line of ideas they have to cut costs.The players are entitled to refuse the wage cut idea. Reformation Bear, blueyonderbill, Bears r us and 1 other 4 Quote Link to post Share on other sites More sharing options...
thehost 11,061 Posted January 16, 2014 Share Posted January 16, 2014 This is what happens when you don't control football managers brodie 1 Quote Link to post Share on other sites More sharing options...
Inigo 32,526 Posted January 16, 2014 Share Posted January 16, 2014 This kind of thing was always going to be on the cards. I thought we were going to give Wallace a chance to sort out this mess, rather than panic at the first suggestion at attempts at cost cutting. I'd imagine he's seen some ridiculous wages being paid and decided that's a good place to start. Seems fair enough to me. If what Sandaza said he was on is true, then this is an obvious tactic. Quote Link to post Share on other sites More sharing options...
mitre_mouldmaster 21,509 Posted January 16, 2014 Share Posted January 16, 2014 Who has said that though? Only folk on forums as far as I can see. By the sounds Wallace mooted the idea to McCulloch and he put it to the squad, it doesn't really sound that desperate.We have a manager who claims he can't even fill the bench so i'm not too shocked if he's looking at cost cutting measures without needing to get rid of too many bodies, although it'll have to come to that imo.Tell me one company that asks their staff to take wage cuts if the company is not in trouble? Quote Link to post Share on other sites More sharing options...
TravelingWilBEARy 4,319 Posted January 16, 2014 Share Posted January 16, 2014 Wondering how long it will be before McCoist gets the blame137 posts. Not bad. WadeWilson and Marco Negri's Beard 2 Quote Link to post Share on other sites More sharing options...
The Godfather 71,714 Posted January 16, 2014 Share Posted January 16, 2014 Please god don't give McCoist anymore money to spend before we are back in the top division. Quote Link to post Share on other sites More sharing options...
minstral 5,375 Posted January 16, 2014 Share Posted January 16, 2014 Not sure why so many are panicking right now. Wallace said there would need to be cost cuts, we all agree that the wage bills are too high, why are so many people surprised, and wanting to see the negatives in Wallace trying to do exatcly what he said he would do.This ( I would imagine) was only one idea in a line of ideas they have to cut costs.The players are entitled to refuse the wage cut idea.Well said Gogzy. Quote Link to post Share on other sites More sharing options...
wearethepeople1 3,897 Posted January 16, 2014 Share Posted January 16, 2014 Players to be sold then? Looks like the next logical step to get quick cash Quote Link to post Share on other sites More sharing options...
Dennis 1,011 Posted January 16, 2014 Share Posted January 16, 2014 Not sure why so many are panicking right now. Wallace said there would need to be cost cuts, we all agree that the wage bills are too high, why are so many people surprised, and wanting to see the negatives in Wallace trying to do exatcly what he said he would do.This ( I would imagine) was only one idea in a line of ideas they have to cut costs.The players are entitled to refuse the wage cut idea.You SELL players. Not ask them to take a pay cut. And do it so publicly. Quote Link to post Share on other sites More sharing options...
Coop 654 Posted January 16, 2014 Share Posted January 16, 2014 Who has said that though? Only folk on forums as far as I can see. By the sounds Wallace mooted the idea to McCulloch and he put it to the squad, it doesn't really sound that desperate.We have a manager who claims he can't even fill the bench so i'm not too shocked if he's looking at cost cutting measures without needing to get rid of too many bodies, although it'll have to come to that imo.I'm not sure of the accuracy of this but it comes from an article in today's Scotsman."According to their website, Rangers have 56 full professionals or professional youth players on their books. According to Celtic’s website, they have now got 50, including their newest recruit Stefan Johansen."If that's the case it's overkill for the third tier in Scotland. We should have a leaner squad of better players rather than spreading the money thinner for more numbers. Quote Link to post Share on other sites More sharing options...
wearethepeople1 3,897 Posted January 16, 2014 Share Posted January 16, 2014 Please god don't give McCoist anymore money to spend before we are back in the top division.We have none to give him FFS anyone ally doesn't negotiate wages does he? Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted January 16, 2014 Share Posted January 16, 2014 Tell me one company that asks their staff to take wage cuts if the company is not in trouble?We aren't an ordinary company in many senses though are we? Quote Link to post Share on other sites More sharing options...
Moody Blue Legend 61,387 Posted January 16, 2014 Share Posted January 16, 2014 "And consultant Philip Nash has been brought to Ibrox to help oversee the financial overhaul".And Stockbridge is doing what? Quote Link to post Share on other sites More sharing options...
Moody Blue 9,346 Posted January 16, 2014 Share Posted January 16, 2014 Continued shambles from top to bottom, it's an absolute joke. If Wallace was to cut costs then it should have been done quietly in the background to the extent where we tried to move on surplus players and may even have gotten a small fee for some. Now, it seems like we're in the shit again and clubs will know that and either offer hee-haw for them or wait until we release them e.g. £1m for Wallace now??? Quote Link to post Share on other sites More sharing options...
minstral 5,375 Posted January 16, 2014 Share Posted January 16, 2014 You SELL players. Not ask them to take a pay cut. And do it so publicly.Not many players that we could sell after some of the pish that we have bought. Quote Link to post Share on other sites More sharing options...
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