Does it come as a surprise that an organisation that exists to raise funds to build up a shareholding in Rangers makes deals to spend money buying shares in Rangers?
What would be the purpose of consulting with members on every share purchase? Are members confused about what they were signing up to - did they mistake it for a motorbike enthusiasts club for instance?
Is the real reason that you have an issue with who the shares are coming from, even though there is nowhere else offering that amount of shares on the market, and certainly not at that price?
And if the issue is that it diverts money away from the club, you have Dave King on record explaining that it won't because his agreement with Club 1872 is being pushed back due to the new share issue.
It was designed to put money into the club while giving fans a voice.
I love Dave King.
It doesn't make club 1872 money his.
I love my mother.
I wouldn't be transfering her our money either.
The club have just agreed a 6 million plus round of investment.
Much more than 1872 has in the bank.
The amount of money it will take from the club.
Costs associated with everything from marketing through to the purchase is maybe 5-10x what 1872 has in the bank.
I've already said, £100,000 to the club for shares, fine. Up to £500,000? Probably fine.
It's not my job to draw clear lines for club 1872, oh wait, it's up to a board who haven't done so.
With the membership they have, money coming in and levels of money in the bank, they are not even in a position to stretch money they don't have, loan, beg and borrow, on our behalf. Even if it was money going into a direct club share issue.
It should have been took to the members.
As for the Castors catastrophe.
Imagine it had been sports direct?
Mike Ashley would have took great delight in wrapping us up in a multi million pound law suit potentially bankrupting the organisation.
But that's what they are there for. Right?
That's why they were voted in?
That's why they can't be removed?
That's why they can choose to veto proposed directors without clear proof as to why?
That's why people are trying to block a GM, where members can decide to back them or ask them to resign?