The attacks on the club have started again.

[Guardian 4,281]

Waddell is being a tool.

So GW is just saying the 120 days routine to get fans off his back.

In that case what happens after 120 days ?

Will it have made his life easier ?

Aye right.

The only one being disingenuous is Waddell who calls himself a journalist and writes tripe like that whilst ignoring the biggest scandal in Scottish football.

Just another mouthpiece whose silence has been bought.

[OlegKuznetsov 10,816]

I'm just amazed that anyone thought the attacks had stopped.

Interestingly, I'm seeing the phrase "Rangers admit emergency funding" appear more and more. Did Wallace or anyone at the Club use the phrase "emergency funding" or similar?

Could the money not be for a scouting system to get better value out of the squad in the coming transfer windows?

[SteveJ 743]

I do not believe that any competent and experienced CEO and Directors would need 4 months to carry out a business review of a football Club. This is not a complex business set up. In fact it has had so many experts poring over the business and books in the last 2 years that it has probably already been analysed to a high level of detail with nothing really new to be found in the credible options available to a Board.

120 days is a convenient time from December to April to allow the team to win promotion by giving the space for debate to be about the performances on the pitch and progress to winning promotion and take the heat off Directors in the meantime. It's also a convenient time to construct a plan to draw a line under the financial issues of this season and to set the compass for next season. Increased ST and ticket prices on the back of the promise of a successful campaign in the Championship for instance.

Used to be an adage that a new CEO or COO or FD would have 100 days to make a mark. Not 120 days. Nowadays that might be just 80 or 90 days before shareholders and stakeholders see tangible changes that would be likely to produce the exceptional results which was the reason for hiring the top CEO talent in fhe first case.

And on one point which both the CEO (past as well as present) and the Manager have spoken about more than once and not just recently either. No scouting system. If it was that much of a priority then you don't wait until 120 days are up before sorting it out. You just don't. Because your future success on the pitch depends on it. But all we seem to get is statements acknowleding something needs to be done. But what has actually been done? Anyone interviewed? Any scouting process devised? Any action plan developed? When do we see action instead of words? They've taken way more than 120 days to mull over what to do about scouting. So long in fact that the impression could be formed that they don't know what to do or how to do it.

Wallace has taken on a job that is being scrutenised by major financial backers of Rangers and also by other businesses, football clubs, media and city bankers. His profile is high at the moment and if he fails, he can kiss goodbye to his career at any level he has enjoyed until now.

As leader of Rangers, he needed to come in and pour his eyes over everything, before he makes a decision on best practice. the best practice that he decides on will be what he is judged on and if he made that decision lightly, he could be made to look foolish.

Wallace did not get to where he is today by acting on a whim and not many big bosses do.

You might find that Wallace has chosen the 120 days to allow him time to assess all areas before starting the new financial year - during which he will announce his plans and hope to be able to finance them.

Wallace is not the problem here, he has done everything right so far - apart from maybe putting a spin on certain decisions.