WATP-FOREVER 5,231 Posted December 1, 2020 Share Posted December 1, 2020 4 minutes ago, Fragglerock said: Only issue I can see is how we allow the board to make decisions without having to run it by the supporters club who in effect will have to have a vote among its own members before a decision could be made, it could slow decision making down and affect the momentum. They'll have to appoint 1 or 2 or whatever onto the board - and they'll be the spokesman/decision makers for the largest shareholder group. rangersross 1 Quote Link to post Share on other sites More sharing options...
Fragglerock 519 Posted December 1, 2020 Share Posted December 1, 2020 Just now, WATP-FOREVER said: They'll have to appoint 1 or 2 or whatever onto the board - and they'll be the spokesman/decision makers for the largest shareholder group. Yes that makes sense 👍🏻 Quote Link to post Share on other sites More sharing options...
Clemdog 39,389 Posted December 1, 2020 Share Posted December 1, 2020 44 minutes ago, McEwan's Lager said: I’d need to be convinced they had overhauled their governance entirely before I put any money into them. This kind of announcement worries me a little bit as it may entice them to get more members which wouldn’t force that change, which I think is vital for the organisation and Rangers itself. Totally agree on this one. A few will be licking their lips too. Quote Link to post Share on other sites More sharing options...
Bears r us 30,559 Posted December 1, 2020 Share Posted December 1, 2020 7 minutes ago, STEPPS BOY said: What, like this announcement being made by Dingwall on FF and not in a statement by Club1872 or Rangers. I have not been keeping up with C1872 much for the past year, are you saying that Dingwall is involved with them ?? Quote Link to post Share on other sites More sharing options...
Gazzalivesforever 1,985 Posted December 1, 2020 Share Posted December 1, 2020 1 hour ago, Siam69 said: King's just another cunt in a suit here to make money from Rangers .... Was all i used to hear while arguing with them in the boardroom section back in the day. When 55 is delivered, King should be unfurling the flag at Ibrox. The man deserves a statue for what he's done for us. Quote Link to post Share on other sites More sharing options...
STEPPS BOY 73,141 Posted December 1, 2020 Share Posted December 1, 2020 1 minute ago, Bears r us said: I have not been keeping up with C1872 much for the past year, are you saying that Dingwall is involved with them ?? No idea but why is he breaking the story and not Rangers or Club1872. Bears r us and North Antrim Loyal 2 Quote Link to post Share on other sites More sharing options...
Popular Post eskbankloyal 19,446 Posted December 1, 2020 Popular Post Share Posted December 1, 2020 11 minutes ago, STEPPS BOY said: What, like this announcement being made by Dingwall on FF and not in a statement by Club1872 or Rangers. I agree with the point of governance etc and it’s over to them to step up to the plate if they want people to stump up that level of cash. But wrong end of the stick with Dingwall here. The statement went to all the press earlier this afternoon with a 6pm embargo. He wasn’t given it directly, can only speculate who did, and he broke the embargo throwing some plans into disarray. For a guy who has spent the best part of his live promoting fan ownership he seems firmly against this & his actions tonight leave a lot to be desired. I can only speculate as to why. bornabear, McEwan's Lager, Hadron Collider and 4 others 7 Quote Link to post Share on other sites More sharing options...
Bears r us 30,559 Posted December 1, 2020 Share Posted December 1, 2020 1 minute ago, STEPPS BOY said: No idea but why is he breaking the story and not Rangers or Club1872. Thanks mate, I find that very strange myself. I just assumed the C1872 statement that was put up here was the first it was mentioned. We will just have to wait and see I suppose, but Dingwall to me always seems trouble. Bluekev and LochendBilly 2 Quote Link to post Share on other sites More sharing options...
We Will Follow Rangers 12,892 Posted December 1, 2020 Share Posted December 1, 2020 Didn't even ask their membership first, bodes well. Quote Link to post Share on other sites More sharing options...
STEPPS BOY 73,141 Posted December 1, 2020 Share Posted December 1, 2020 3 minutes ago, eskbankloyal said: I agree with the point of governance etc and it’s over to them to step up to the plate if they want people to stump up that level of cash. But wrong end of the stick with Dingwall here. The statement went to all the press earlier this afternoon with a 6pm embargo. He wasn’t given it directly, can only speculate who did, and he broke the embargo throwing some plans into disarray. For a guy who has spent the best part of his live promoting fan ownership he seems firmly against this & his actions tonight leave a lot to be desired. I can only speculate as to why. So his ego then. What a surprise. Quote Link to post Share on other sites More sharing options...
RangersMedia 35,961 Posted December 1, 2020 Share Posted December 1, 2020 How does Club 1872 work? Do they hold your share from the money you contribute or are they simply a vehicle to manage/vote on your behalf? As in, if you stick £10k in, do you get £10k worth of Rangers shares, whose voting rights you've passed to Club1872? Or are you giving them £10k and in return you just get a vote on stuff but you don't *actually* own those shares personally? I should know this but when they came about via the merger in 2016 I cbf reading about them plymouthranger, Bears r us and bornabear 3 Quote Link to post Share on other sites More sharing options...
Inigo 32,524 Posted December 1, 2020 Share Posted December 1, 2020 1 hour ago, Tiger Shaw said: Fan ownership gives me the fear Should be wealthy investor non-fans ownership that does. Without exception they're the ones that have screwed us. LochendBilly 1 Quote Link to post Share on other sites More sharing options...
plymouthranger 3,842 Posted December 1, 2020 Share Posted December 1, 2020 By the sounds of it, it’ll be a fee of £1000 for this lifetime shareholder status. They’ll need 20,000 people to commit to buy the £20million worth of shares he has approximately? Unless I’ve misread this Quote Link to post Share on other sites More sharing options...
Bears r us 30,559 Posted December 1, 2020 Share Posted December 1, 2020 7 minutes ago, psb07158 said: How does Club 1872 work? Do they hold your share from the money you contribute or are they simply a vehicle to manage/vote on your behalf? As in, if you stick £10k in, do you get £10k worth of Rangers shares, whose voting rights you've passed to Club1872? Or are you giving them £10k and in return you just get a vote on stuff but you don't *actually* own those shares personally? I should know this but when they came about via the merger in 2016 I cbf reading about them I would like to know that as well. Quote Link to post Share on other sites More sharing options...
eskbankloyal 19,446 Posted December 1, 2020 Share Posted December 1, 2020 8 minutes ago, psb07158 said: How does Club 1872 work? Do they hold your share from the money you contribute or are they simply a vehicle to manage/vote on your behalf? As in, if you stick £10k in, do you get £10k worth of Rangers shares, whose voting rights you've passed to Club1872? Or are you giving them £10k and in return you just get a vote on stuff but you don't *actually* own those shares personally? I should know this but when they came about via the merger in 2016 I cbf reading about them The latter. RangersMedia 1 Quote Link to post Share on other sites More sharing options...
King Jela 20,016 Posted December 1, 2020 Share Posted December 1, 2020 Who is the main fundraiser if the main shareholder group is finding £5 million a year for the actual shares? This really doesn't seem like particularly exciting news. Potential to be messy actually. Why now and not, say, end of the season? STEPPS BOY, bornabear and Bears r us 3 Quote Link to post Share on other sites More sharing options...
King Jela 20,016 Posted December 1, 2020 Share Posted December 1, 2020 11 minutes ago, Inigo said: Should be wealthy investor non-fans ownership that does. Without exception they're the ones that have screwed us. But is this really a better alternative? Seems like its got potential for an almost similar disaster. Quote Link to post Share on other sites More sharing options...
STEPPS BOY 73,141 Posted December 1, 2020 Share Posted December 1, 2020 9 minutes ago, eskbankloyal said: The latter. Is James Blair still involved with Club 1872? Quote Link to post Share on other sites More sharing options...
Blue Nosed Babe 20,352 Posted December 1, 2020 Share Posted December 1, 2020 40 minutes ago, STEPPS BOY said: I’ll be absolutely shocked if Douglas Park is still involved at Rangers in 3 yrs time tbh. More likely his son will step into his role. A balance of fans and successful businesspeople works for me. rangersross 1 Quote Link to post Share on other sites More sharing options...
STEPPS BOY 73,141 Posted December 1, 2020 Share Posted December 1, 2020 Just now, Blue Nosed Babe said: A balance of fans and successful businesspeople works for me. His son is effectively running the club at this moment anyway. Quote Link to post Share on other sites More sharing options...
Popular Post KingKirk 25,461 Posted December 1, 2020 Popular Post Share Posted December 1, 2020 1 hour ago, Moody Blue Legend said: Will @KingKirkhave a say in any transfer activities? One day mate one day Moody Blue Legend, WilliamMunny, ForeverAndEver and 5 others 8 Quote Link to post Share on other sites More sharing options...
eskbankloyal 19,446 Posted December 1, 2020 Share Posted December 1, 2020 3 minutes ago, STEPPS BOY said: Is James Blair still involved with Club 1872? Nope. No involvement whatsoever STEPPS BOY 1 Quote Link to post Share on other sites More sharing options...
KingKirk 25,461 Posted December 1, 2020 Share Posted December 1, 2020 Exciting times ahead really good Quote Link to post Share on other sites More sharing options...
STEPPS BOY 73,141 Posted December 1, 2020 Share Posted December 1, 2020 Just now, eskbankloyal said: Nope. No involvement whatsoever Thank fuck. You’d give him 1k for shares and he’d buy lamp shades instead. Quote Link to post Share on other sites More sharing options...
eskbankloyal 19,446 Posted December 1, 2020 Share Posted December 1, 2020 7 minutes ago, King Jela said: Who is the main fundraiser if the main shareholder group is finding £5 million a year for the actual shares? This really doesn't seem like particularly exciting news. Potential to be messy actually. Why now and not, say, end of the season? The external funding from investors was supposed to stop this summer but they’ve committed for an additional year. This will be the last year of funding from them. The club will be self sustaining moving from the summer onwards Quote Link to post Share on other sites More sharing options...
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