Transfer market literally says he cost his new team 6.3m euros. Agent fee - 1m euro? Sign on bonus? Plus wages. So “6m” at a push is completely incorrect given the evidence.
King has always had our best interests at heart do you have some kind of inside info or is your comment based on your own opinion Roscoblue?
Exactly this. January is generally a very poor market to buy in. This isn’t football manager where you sell your best play for £10m and spend every penny of it. as fans we think of one window at a time however the board and DOF have to think 2/3 windows ahead in terms of financially planning. That’s before we get to the idea that you should only reinvest say 50% of transfer fees generated otherwise you break even on the buy low sell high model.
Arguably you are probably right because of the form of the team, questionable signings etc, but the parts the make up the whole operations of the club need to be working in tandem with each other to be totally successful. Commercially the club have brought in a hell of a lot of money off the back of Bisgroves work, we are still Champions and still within grasp of winning it again but the fickle nature of the fanbase makes everything seem out of sync. This Oz stuff has really annoyed and alienated a lot of the fanbase and now we have King coming out and putting the boot in.
We don't look like a club that has invested tens of millions to build a successful side.
He’s not got ‘our’ best interests at heart when he’s asking for £13m of our money to go into his pocket rather than into the Club. I’m not getting into a slagging match about Dave King, I’ve said many times on here that he has my respect for the part he played but he’s yesterday’s man.
Maybe so but questions are what was going on in tge background and had that anything to do with the stuttering start? That interview "Dont ask silly questions!" His demeanour just looked like a sad guy at the time then he was gone soon after? Always thought there was more to it and this leaves us with more questions than answers over his departure or it should?
If his financial situation was perilous he wouldn’t be willing/able to hold out for C1872. Incidentally, I have no issue whatsoever with him selling his shares, they’re his to sell. My issue is that he’s aware C1872 is funded by the wider Ranger support and our mines should be going directly into the Club.
As I said Gameboy I dont know his financial situation but I do know he put 20m in during D Murray's Chairmanship and God knows how much more besides in recent times? Tbf people buy shares to be a part of but mainly to make money again I dont know if this is making him a sizeable profit or not but at the least imo if it has he has earned it?
I don’t think anyone expected it all to be spent, not even half. You can’t expect sustainable success though on continued frees and loans.
Some things are bigger than money, so no for me.
Not sure what Gerrard was expecting after the club posted those losses.
Any advance on 4, do I hear 5 ?
100% correct in my opinion. The right man at the right time - but that time has passed.
If its about bringing in funds then just sell Itten, Barisic, Wright or anyone else who bring nothing to the starting 11.
I'm quite sure that he would've had some sort of budget and looks like that has not been honoured. Gerrard came in whilst we were miles behind Celtic and put us back on top, he is still early in his managerial career and if the board couldn't or wouldn't back him then he can't be blamed for leaving. The decision not to back Gerrard has been a huge error by this board as is the decision to play this friendly with Celtic. Tbh it's hard to disagree with anything King has said.
Who's going to buy them ?
It was a bit of a shock when he stepped down after bringing us so far. I don't believe it was down to his finances and I just think we were stronger for having him on the Board. I think Gerrard was always going to go sooner or later,but I think the Board going back on promises probably made his mind up then and in that respect I think the Board have some questions to answer.
If you read his statement there is people on the board that he didn't want there & voted against them being on the board , that tells me that he can't work with said board he hasn't even spoke to the board since he stepped down maybe that's how he sold up , after recent events I agree with Mr King this board need changed as I don't think they can take us forward from where we are just now , money should have been spent on the 1st team as now it looks like us missing out on 2 champions league moneys losing to Malmo & possibly losing the league this year all in one season.
Like I posted earlier, I hoped the board could back Gerrard further last summer but I’m not surprised he couldn’t.
There was 60/80 million to aim for this season beating Malmo & winning the league we had to spend money to do that & we didn't also lost a manager & his backroom staff to , the footballing side of the things financially is run terribly.
He seems to jump into the fire throw millions at us and then after a couple of years bails out with a lingering sense that he has been wronged. He is clearly a top businessman and a Rangers fan but always seems to have issues with other directors. Perhaps he is one of these people that is best flying solo and calling all the shots.
I agree with that. I had heard the board and park in particular was less than impressed with the way in which we went out to them.
Not £4m and no
If that's true they should take a long hard look at themselves as they should've freshened up the squad with new signings bearing in mind we'd been performing far better than anyone expected in Europe prior to Malmo.
I'm glad we didn't spend £5m on Kevin Nisbet as he's not worth that kind of money. All signings come with risks and all managers at big clubs expect to be backed particularly when they've been successful.
The lead was 4 points , we’re 3 points behind now with goal difference basically another point.
The lead was 7 points and to now find ourselves trailing is very poor, thankfully we still have enough quality to win the title but we really need this board to attract investment (preferably not friendlies with Celtic) but we need to invest in the playing squad and freshen the squad up a bit.
