Will tomorrow’s game against Rangers Lite bring down the curtain on McInnes’ Aberdeen career? If one of my well-informed sources is to be believed a deal has been done.
I was informed about the back-channel approaches to McInnes several weeks ago by the same source. I pushed back as I am not a Level 5 Lickspittle. It was obvious that he was being recruited by what passes for the media in Scotland. I looked to Scott Allan and how Celtic swooped. I had one eye on the Everton job. However now that Mayday Allardyce has the Toffees reins, that avenue is no longer open.
My source broke the news that Patrick Roberts was returning to Celtic Park. Despite his timing being out his material fact was sound. Playing Devil’s Advocate I reached for the fact that the rogue board were broke but was rebutted by Celtic’s interest in McCrorie. If the centre-half starlet is sold in the January window then the compensation due on McInnes and his assistant Tony Docherty will be largely offset.
McInnes turned down an opportunity to manage Sunderland at a quantum that was three times his salary at that time (£300,000 and £900,000 respectively). McInnes succeeded Craig Brown on 6 April 2013 and recently signed an extension to his contract until June 30, 2020. The highlight of his tenure was winning a League Cup trophy in 2014. McInnes’ Aberdeen were so expertly set up that they almost thwarted Brendan Rodger’s treble-winning team at Hampden in May of this year. He won many admirers. Can he fashion a team from a divided squad to make a fist of challenging Celtic?
McInnes & Docherty are in many ways the dream ticket for Lite. However as is the case with most managers McInnes will rise or fall on his recruitment. Will he ship out agitators Miller and Wallace to heal the rifts in the dressing room? He might start by asking Chippy Milne to help him repair the home dressing-room door which has borne the brunt of a good kicking from the temperamental Divas.
There were no prizes for guessing that all eleven resolutions passed without hindrance. However there were a couple of takeaways worthy of comment.
A statement on Lite’s website stated :
“The board is delighted to see such support from its shareholders. The success on Resolution 11 paves the way for a share issue.”
For – 45,935,337 (78.3%)
Against – 12,758,306 (21.7%)
Total votes cast on the Resolution was 58,693,643. This represents 71.4% of the RIFC’s issued share capital.
The total number of shares currently issued in 81,478,201. When deducting votes cast, one arrives at a subtotal of 22,784,558. When one adds this to those opposed to the resolution one arrives at a grand total of 35,542,864. If those opposed or too apathetic to care were offered 20p per share one would be inclined to conclude that they would bite King’s hand off. To the tune of £7,108,573. When the shares are diluted they will be worth a fraction of 20p.
King has convinced Lite’s auditors that he can lay his hands on £7.2m from NOAL in the next 18 months.
Are you paying attention Baron Davidson of Glen Clova? Has your client stitched you up like a kipper or are you as mendacious as the glib and shameless liar? Are you paying attention Lord Bannantyne apropos the sophistry of Davidson?
King is not universally popular. A surprising 718,617 voted against his re-election to the board. I do not anticipate this ending well for King or Rangers Lite. If King is ordered to make an offer and continues to issue a GIRFUY to authority, one could have a situation where the Chairman of Rangers Lite is in contempt of court.
King is a man of convictions who has engaged in an illegal concert party enterprise. His AGM votes might be as relevant as old confetti. If Bannatyne is browbeaten by Freemasons to cut King some slack one might find that The Takeover Panel Executive refer King to The Serious Fraud Office in addition to implementing the Cold Shoulder.
McInnes might find he is in an inferior position to Ally McCoist. This is going to unravel so quickly that the Wee Free might indict McInnes for Spinning on The Sabbath.