I wrote last night about the sad end (or is it) to the relationship between Mr Green and Rangers.
But, as regular readers know, I delight in finding nit-picking inconsistencies which might (but probably don’t) signify something bigger.
Ladies and gentlemen, can I offer you the Rangers website statement and the Rangers Stock Market announcement regarding Mr Green’s departure? Continue reading
The Stock Exchange is a marvellous thing. Openness and clarity in dealings!
The following line hgas just popped up on the “ticker” regarding shares in Rangers International Football Club PLC. Continue reading
As Rangers Intergalactic Football Club PLC announced to the Stock Exchange today:-
The Board of Rangers is pleased to announce that it has today appointed Charles Green as a consultant to the Company.
Mr Green’s role will be to promote the interests of Rangers Football Club, specifically assisting with shareholder relations and advising the Company on its capital structure.
What a fine choice! Well done Mr Green! Continue reading
James Easdale, the recently appointed non-executive director of Rangers International Football Club PLC (the company which owns the company which owns the assets and business which make up Rangers Football Club) is a very successful Scottish businessman and entrepreneur. He has a wide experience in business, having served as director of a large number of limited companies.
As required by Stock Exchange Rules, his appointment to the PLC Board was accompanied by an official statement.
However he has also achieved an additional position within the “Blue Room” at Ibrox, which could conflict with his non-executive role. Continue reading
Sense has prevailed amongst the Rangers shareholders and, as per the announcement on 19th July, the requisition of an Extraordinary General Meeting has been withdrawn. This was the meeting called for the purpose of removing Mr Murray and Mr Cartmell from the Board and replacing them with James Easdale and Chris Morgan.
All of those matters, except the appointment of Mr Morgan, have since come to pass, and thus Rangers International Football Club PLC (the company which owns the company which owns the assets and business which make up Rangers Football Club) is able to save itself the large sums needed to intimate and convene such a meeting where it has so many private individuals as shareholders.
Whilst, as we are all aware from the extensive coverage, RIFC is a cash rich company, there is never any harm in saving the costs of an unnecessary meeting. Continue reading