The Rangers players asked to take a 15% pay cut

[Dodger]

Well that's Brian Stockbridge, the much maligned finance director, left the club by mutual consent. This happened this afternoon after a meeting with Graeme Wallace. That will be some money saved in the short term on his salary. It appears Wallace means business after all. Just wonder if the 2 million shares traded today were STockbridges, one final pay day

There was no "pay off" i.e. there was no payment for breach of contract. But what they have done is agree to pay him what he would have earned had he stayed.

Clever and deliberate use of language but no saving of salary. £200k is the figured being spoken about.

 

[SwingsitlikeHogan]

Would rather like The Rangers to make an offer for Stevie May - so Saints can tell them in no uncertain terms where to go Same place as we have told the bunch of chancers hiding behind the football club called Peterborough Utd.

 

[AMcC]

There was no "pay off" i.e. there was no payment for breach of contract. But what they have done is agree to pay him what he would have earned had he stayed.

Clever and deliberate use of language but no saving of salary. £200k is the figured being spoken about.

What I have been hearing today was that, as noted in the prospectus for the ipo he was entitled to 12 months salary if Rangers terminated his salary. So the 200k was his salary and that's what he was entitled to.

He will certainly have plenty of secrets to keep.