McMurdos latest on the finance director and again not all doom and gloom.....Greg Every Little Helps Posted on July 5, 2013 by billmcmurdo I am led to believe that Rangers Finance Director Brian Stockbridge is to award himself a substantial wage CUT due to recent criticisms of the directorial remuneration structure at Ibrox. Stockbridge is determined to demonstrate he is not at Ibrox just to make a quick buck; having spoken to him previously he let me know emphatically that he sees himself at Rangers for the long haul. This should be good news for the Ibrox faithful because, although he is not one to blow his own trumpet, I know he works tirelessly to keep the wieldy Ibrox ship on course fiscally and has made massive dents into superfluous expenditure commitments racked up by previous big-spending administrators at the club. In addition, he is helping to bring in deals that boost the club’s revenues and was a key player in the Huawei WIFI deal just recently announced. As I have said before, Stockbridge is doing a fantastic job at Ibrox and, although he came in as part of the Charles Green consortium, he has managed to scotch any suggestions that he is a fast buck player. He has very much settled down in Scotland and Gers fans should be aware that his family is Scottish and he hails from a long line of bluenoses. Rangers fans can rest easy knowing the club has a safe pair of hands directing its financial business. That said, today’s media reports about Charles Green’s unhappiness at Rangers’ free-spending ways since he departed the CEO chair may alarm a few in the bluenose support. There is concern among certain sections of the Ibrox fanbase that Ally McCoist is building a monster squad which can only be a drag on the club’s finances. Recent pronouncements from the club tend to confirm this as the line has been taken that players must be moved on in the transfer window. The ongoing tensions in the boardroom tend to be around this issue. Some investors want a board that will impose tighter fiscal controls on the club while others seem to favour a return to the days when Rangers’ chequebook was always open in good times or bad. News of redundancies at the club doesn’t help bolster confidence, although it could be argued that they are part of necessary cost-cutting. Admittedly, that is no great comfort to those who are losing their jobs. As always, there is a balanced path that can be taken in all of this. Rangers must ensure they have a squad capable of taking the club back to the top tier but there is no harm in doing this within strict and prudent cost-base parameters. Running a football club at a profit is a very tricky business at any level but that is what those tasked with the business affairs of Rangers must do. The great danger at any club is when the demands of the team management derail wise business practices. We saw this happen all too often in the Murray years – Tore Andre Flo being a classic example. It’s understandable that managers always want to improve their squad but we live in an age where more than ever team bosses must work hand in glove with the money men at clubs and be aware of limitations. Given the need for financial modesty, it might not be too much to ask certain other highly-paid employees at Ibrox to follow the example of Brian Stockbridge and take a wage cut for the good of the club. After all, as the famous adverts says, Every Little Helps.
Posted on: Fri, 05 Jul 2013 13:40:23 +0000
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