Walter Smith’s misguided thinking.

I awoke today to the happy news that Walter Smith is back in football having joined a new club. He immediately allayed fears that he would actually contribute anything to their cause by assuring the fans and any potential investors by stating: “I must make it clear, however, that I will not be playing any role in the day-to-day running of the club or the team. It’s the manager’s job to run the team and the chief executive’s job to run the club’s affairs.”

Well right from day one wee Walter has got it wrong there. According to the Higgs Report commission by the government in 2003 a non-executive’s role is:

Performance: Non-executive directors should scrutinise the performance of management in meeting agreed goals and objectives and monitoring and where necessary removing senior management, and in succession planning.

Risk: Non-executive directors should satisfy themselves that financial information is accurate and that financial controls and systems of risk management are robust and defensible.

People: Non-executive directors are responsible for determining appropriate levels of remuneration of executive directors and have a prime role in appointing and where necessary removing senior management, and in succession planning.

Now that seems very much like someone who should be involved in the day-to-day running of a business.
So my best guesstimate is that Walter has been promised a lump of money and a tranche of shares to put his name to the board, keep his mouth shut and hang like the Sword of Damocles over Sally.

Hart I agree with, at least he has put money into the old club and not just sucked it out.

Walter has sold the jersey here and shown him self to be someone with no backbone whatsoever. If he really had the best interests of the club at heart he would have carried through leading the consortium wanting to buy out the club in the first place.
It’s a smart move by Green. As Lyndon B Johnson famously said:
“Its better to have someone in your tent pissing out rather than having them pissing in.”

Can anyone seriously see Walter having the brains to carry out such serious duties or the savvy let alone the clout to stand up to Green?

Nope he’s just jumped on another gravy train…he thinks!

Comments

  1. Has Wattie the Smith ever done anything that entailed any serious hard work or thought? No! He has lived a charmed life and will never do anything that entails hard work or real work of any kind. He’s a shirker and a fraud a liar and an overrated buffon. . .and I am as pleased as Punch that the new team called Sevco have him on board. They must be really really struggling for money and recognition now.

  2. Has Wattie the Smith ever done anything that entailed any serious hard work or thought? No! He has lived a charmed life and will never do anything that entails hard work or real work of any kind. He’s a shirker and a fraud a liar and an overrated buffon. . .and I am as pleased as Punch that the new team called Sevco have him on board. They must be really really struggling for money and recognition now.

  3. No doubt the cardigan appeals to the Fluters, with the amount of walking he does! Chuckles must have taken advice from The wise Moonbeam from the East, It,s going to be some Pantomime this year!

  4. No doubt the cardigan appeals to the Fluters, with the amount of walking he does! Chuckles must have taken advice from The wise Moonbeam from the East, It,s going to be some Pantomime this year!

  5. McAllister

    “What is in a name?”

    In Walter I see many things.

    First, LUCK: He is the luckiest man in football. On two occasions he managed a club in Scotland when its only realistic opponent was having to reform and re-develop. Even without competition, he was guaranteed unlimited budgets (forgetting the questionableness, it gave him a psychological advantage given such financial potential supposedly at hand) when this opponent was forced to economise and live frugally, £5 for every £10. It allowed him to amass successes (justifiable or not) that would not ordinarily have been available to him. He ‘got out’ (this would be repeated on other occasions) just before the opponent became a realistic threat and left a successor to face the inevitable consequences. He was then given a management position in the worlds top league, the EPL, with Everton, a position he would never have gained had the reality of his work at Ibrox been known. Once again, he was clever enough to “get out” before he was “found out” and sacked.

    Secondly, FAVOURED: In spite of his potentially disastrous reign in Liverpool, he was first in line for the vacant Scotland job when the vacancy arrived. He was everybody’s choice, well, everybody that counted and history has shown that that is not always the most deserving in Scottish football. No manager in the history of football, no matter their achievements, has been lauded and grovelled to as this man. He, again luckily, was not long enough in the job for the true incompetence both of the both team and the manger to be discovered. It is probably unlikely it would have mattered.

    Thirdly, DESERTER: He deserted the national team at the first opportunity to return to Ibrox and, no doubt, the comfortable arms and fantasy money of Sr. David Murray. As expected, there was no outcry or condemnation of this desertion but rather total veneration for his commitment to the club he had deserted, sorry left, several years before. This was his third desertion having left both Everton and Rangers prematurely because of a potential crises, even though publicly it might not have appeared or been reported that way.

    Fourthly, FRAUD: In this final role as saviour and figurehead of the nation’s second most important institution, he revelled in the glory that a sycophantic press drooled all over him. In the face of a nothing SPL and with Celtic once again in the doldrums, he had “incredible”, if we are to go by the MSM, success once more. However, he also saw that the walls of the institution were crumbling and, rather than try to help it survive, he deserted once again having made sure his fawning but extremely immature lapdog had been put in place to give the impression of passing on a worthy successor.

    Lastly, COWARD: Mr. Smith has made a habit of avoiding the limelight in times of crisis. A bosom buddy of SDM under whose patronage he flourished and reigned supreme, he could not hide deep enough when the dirt started to fly. Every pie in the survival of Rangers that he stuck his finger in, was abandoned the minute he sniffed compromise. He has flitted from one saviour to another trying to choose the one under whose wing he might be protected while appearing to be the messiah. Having had no guaranteed security from any, he has not only run away from several but has plenty of criticism of them and their plans. Now he has finally cowered under the floppy wing of Charlie-is-me-Darlin’. But once again he is attempting to prepare the bomb-shelter case honest Charles has some bombshells to drop. He will have the titles but not the responsibilities nor consequence’s. What a great deal. I doubt he will be so careful to avoid accepting the accompanying glory should all go well with the new club, not that he will regard it as such and give up his past successes, that is for sure. My only comfort is that I believe for once that this foxy cardigan might be actually caught in the fankled wool of a wolf. For once CG is laying it right there on the line. Only a fool would not see his plan to invite the Smiddy into the forge to hammer out some shares for the business and then, once he has sold the goods for a “lovely, jubbly” profit, burn him with the rest of the assets.. One can only hope that the charred rags that are left by Charlie on Watty’s back are enough to protect him from being at long last out in the cold.

    H H

    1. Pensionerbhoy…a well constructed and thought through piece…I loved the “Smiddy into the forge to hammer out some shares” line. So true and the real reason behind his appointment…the loyal collective may just plump for this latest ruse and throw their grubby money at this facsimile of a football club now. However, I cannot see any institution buying in to this and risking their clients funds. Well maybe Gartnavel Hospital. Thanks for your comments and your pertinent observations.
      HH

  6. McAllister

    “What is in a name?”

    In Walter I see many things.

    First, LUCK: He is the luckiest man in football. On two occasions he managed a club in Scotland when its only realistic opponent was having to reform and re-develop. Even without competition, he was guaranteed unlimited budgets (forgetting the questionableness, it gave him a psychological advantage given such financial potential supposedly at hand) when this opponent was forced to economise and live frugally, £5 for every £10. It allowed him to amass successes (justifiable or not) that would not ordinarily have been available to him. He ‘got out’ (this would be repeated on other occasions) just before the opponent became a realistic threat and left a successor to face the inevitable consequences. He was then given a management position in the worlds top league, the EPL, with Everton, a position he would never have gained had the reality of his work at Ibrox been known. Once again, he was clever enough to “get out” before he was “found out” and sacked.

    Secondly, FAVOURED: In spite of his potentially disastrous reign in Liverpool, he was first in line for the vacant Scotland job when the vacancy arrived. He was everybody’s choice, well, everybody that counted and history has shown that that is not always the most deserving in Scottish football. No manager in the history of football, no matter their achievements, has been lauded and grovelled to as this man. He, again luckily, was not long enough in the job for the true incompetence both of the both team and the manger to be discovered. It is probably unlikely it would have mattered.

    Thirdly, DESERTER: He deserted the national team at the first opportunity to return to Ibrox and, no doubt, the comfortable arms and fantasy money of Sr. David Murray. As expected, there was no outcry or condemnation of this desertion but rather total veneration for his commitment to the club he had deserted, sorry left, several years before. This was his third desertion having left both Everton and Rangers prematurely because of a potential crises, even though publicly it might not have appeared or been reported that way.

    Fourthly, FRAUD: In this final role as saviour and figurehead of the nation’s second most important institution, he revelled in the glory that a sycophantic press drooled all over him. In the face of a nothing SPL and with Celtic once again in the doldrums, he had “incredible”, if we are to go by the MSM, success once more. However, he also saw that the walls of the institution were crumbling and, rather than try to help it survive, he deserted once again having made sure his fawning but extremely immature lapdog had been put in place to give the impression of passing on a worthy successor.

    Lastly, COWARD: Mr. Smith has made a habit of avoiding the limelight in times of crisis. A bosom buddy of SDM under whose patronage he flourished and reigned supreme, he could not hide deep enough when the dirt started to fly. Every pie in the survival of Rangers that he stuck his finger in, was abandoned the minute he sniffed compromise. He has flitted from one saviour to another trying to choose the one under whose wing he might be protected while appearing to be the messiah. Having had no guaranteed security from any, he has not only run away from several but has plenty of criticism of them and their plans. Now he has finally cowered under the floppy wing of Charlie-is-me-Darlin’. But once again he is attempting to prepare the bomb-shelter case honest Charles has some bombshells to drop. He will have the titles but not the responsibilities nor consequence’s. What a great deal. I doubt he will be so careful to avoid accepting the accompanying glory should all go well with the new club, not that he will regard it as such and give up his past successes, that is for sure. My only comfort is that I believe for once that this foxy cardigan might be actually caught in the fankled wool of a wolf. For once CG is laying it right there on the line. Only a fool would not see his plan to invite the Smiddy into the forge to hammer out some shares for the business and then, once he has sold the goods for a “lovely, jubbly” profit, burn him with the rest of the assets.. One can only hope that the charred rags that are left by Charlie on Watty’s back are enough to protect him from being at long last out in the cold.

    H H

    1. Pensionerbhoy…a well constructed and thought through piece…I loved the “Smiddy into the forge to hammer out some shares” line. So true and the real reason behind his appointment…the loyal collective may just plump for this latest ruse and throw their grubby money at this facsimile of a football club now. However, I cannot see any institution buying in to this and risking their clients funds. Well maybe Gartnavel Hospital. Thanks for your comments and your pertinent observations.
      HH

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