thenolly

I thought it was 2 loans equalling £5 million They stated they had £16.5 million to invest in shares when a new share offer came on track to the public, they spent nearly £3 million on shares so £13.5 million left, pay of Ashley £8,5 million left. Seeing as your team has been borrowing nearly £1 million a month, that money won't last long. If they had more than £16.5 million to invest then why not offer the full value instead of paying Laxley

How much has Ashley loaned them? Is it at £5 million now? If so the 3 bears have spent out of their £16.5 million buying shares? add that to what Ashley is due and that pot has dwindled with more loans needed between now and the next ST sale / share issue......... it doesn't bide well

Depends what his loans are secured against, and if that security is protected in an admin / liquidation, if by losing £6 million he gains Ibrox, Murray park, Edminston House and the Albion or a combination of them then he may go that route

He launches an orange away top with purple V neck and your fans will be falling over themselves to kit the whole family out in them

Its your only chance this year....... if you's last that long

New finance director Barry Leach ex sports direct and "obviously" an Ashley man http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12204364.html

NI for Decembers wage is due on 22nd of January, the late payment was for Novembers wage apparently, plus they need to make payroll

Livingston admitted they were late to the SPFL and got docked points, Rangers kept quiet and got told it's ok from cockwomble

Livingstone should appeal their points deduction after this farce, HMRC don't threaten WUO over nothing

That could also be damaging for Rangers

They may be able to call one, but can they carry a vote??

You've lost it, their stake will be out voted by Easdale and Ashleys pot of proxies everytime, they may be the largest single holding, but the others joined forces along time ago, and it still doesn't get money into the club

They don't have control they have 1/8th of the shares, Easdale, Ashley and the proxies from Margarrieta etc control the club

They own 1/8th of the company, the other 7/8ths is the problem, if you think these guys will just bankroll you's whilst the others cash in on the "onerous" contracts your deluded

What cleansing?? They have NO influence on the board

How?? It doesn't put cash into the club...... the shares were bought from a 3rd party It doesn't balance the books, same high expenses and lower income It doesn't put a "Rangers man" in the board, as Easdale and Ashley with their shares and proxies control the board. Administration is still looming, but you'll be looking for a war chest

What chief groundsman?? Regardless of the shares being bought, it doesn't give your club any more money, it is hemorrhaging money, needs inexcess of £8 million to see out the year....... and you want to bring Super Salary back, another wage!!!

I don't think its all over and done for you's, yet another false dawn, it doesn't sort the impending financial crisis, or the long term sustainability of the club, and probably an even more fragmented board room

Not if he already has his hands on the image rights, badge rights, merchandising, property etc etc

Depends on how much of the assets he already has

It'll be interesting to see how Ashley reacts to this if he deems it as a hostile move towards his investment and influence

13 million sold at 18p = £2.34 million compared to the 70p a share (£9.1 million) they were bought for, thats a massive loss to take, unless its re-coup what you can before the crash

Some guy in Normandy has bought them

That would put Rangers on 10 points, 40 behind hearts with 18 games (54 point to play) and 16 behind the new 4th place Falkirk, add to that the squad getting sold off and they will be fighting relegation rather than promotion