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Everything posted by GreenockRover
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Lets All Laugh At Rangers Thread
GreenockRover replied to Demented Zebra's topic in Scottish Premiership General Chatter
Mawsa McCulloch...... Nawty nawty. -
Lets All Laugh At Rangers Thread
GreenockRover replied to Demented Zebra's topic in Scottish Premiership General Chatter
All well and good... and in total agreement lads, BUT... Lets All Laugh At Rangers Thread Just saying -
Minty v Kingy - both Ranjurs Men .. from that article; A spokesman for Sir David's Murray Group said: "We note with some interest, and much incredulity, Dave King's press statement. "It is difficult to understand his motives, given he has been a director of Rangers Football Club since the year 2000. "Throughout the period of his directorship, Dave King has attended and participated in regular board meetings, including those approving the annual audited accounts, received board papers quarterly, had full access to the executive management of the club, and been privy to the same detailed financial and commercial information as every other board member. "In the event that he actually lodges a claim, we would vigorously defend it." A statement added: "Murray Group fully intends to make further detailed press comment on the wider circumstances at Rangers Football Club once it considers this will not detract from or interfere with the difficult and delicate work of the administration. "It is deeply regrettable and hugely saddening for all the employees and supporters that the club finds itself in its present situation." Kingy is BACK !! and this time it's....financial..
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Hope you're not driving tonight. Clearly too much alcohol taken today for that ridiculous argument to have made it into type. King/3Bears ARE the spivs you dope. Rangers Men right enough, but spivs all the same. Did your club in once and will do it again. What is that saying about Fools And Their Money again...
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Time, I think, for a wee look through the looking glass into the potential paths ahead for The Rangers. The King Prophecy; Screeds of copy exist about Dave Kings' history in regards to both his personal business acumen in South Africa, (with the ensuing court case and CONVICTION resulting in an effective plea bargain agreement to pay a huge fine and no imprisonment as opposed to a colossal fine and/or lengthy jail term) and his involvement on the Board of RFC Ltd. To believe Kings' latest (one of many) asessment of his own RFC Board tenure, as one of failing to both know about and be in a position to control Craig Whytes' secrecy in all things concerned with the Clubs' demise, is asking a lot. In fact, it's pretty much a(nother) lie in all probability. People in Dave Kings' business sphere know only too well the ins and outs of corporate risk management (skullduggery) that allow the savvy businessman to cut and run when required (specifically, when a high volume debt fails to perform as hoped and the returns do not materialise), as well as re-establish the next venture on the back of the defunct business. It's a dark art people like him, Whyte and others practice time and time again with the aid of slippery corporate lawyers, a willing market and the sloth like reactions of the tax autorities. So... In the new, enlightened, era of heightened public scrutiny and of football clubs' ability to financially sustain themselves - fairly - where would this leave Dave King in the race to be a "fit and proper" director of a potentially large football club ? By that, I don't reference the utterly laughable definition used by the SFA/SFPL. Moreover, why would any corporate broker or institution ever seek to risk substantial funding in any football club these days, let alone a Scottish Championship club with designs on The (Scottish) Premiership and occasional appearences in qualifying rounds of European competitions ? Correct... they wouldn't. And won't. Dave King would be massively reliant on his pals to stump up the large sums required to bankroll his stated aims. Pretty much the same scenario David Murray and his banker pals did to fund the successes of the eighties and nineties until the whole house of cards fell in. King seems to want to live in the past. To believe that there was nothing wrong with what was being done at Ibrox until Craig Whyte appeared. Surely to God even the bears can now see that a return to that model of operation is simply not feasable in todays brutally exposed and heavily regulated financial markets ? The Ashley Model: This Essex boi is a no nonesense, my way or the highway, corporate crocodile. Massive smile, bigger teeth. Yes, he is a money maker. No he isn't a "rangers man", in fact, as he has said himself, he is barely a "football" man (other than his support of Newcastle of course). But, he knows how to make something make money and for TIRFC, as an AIM listed Company, that is where the potential for success lies. No doubt Ashley sees profit, personal profit, in dragging this entity into the future as something resembling a sustainable football club, albeit at some initial cost to himself. However his "credentials" in the markets are, frankly, stratospherically more credible than Kings' and are therfore more likely to be able to convince the brokers and institutions to climb aboard at some point in the future, allowing him to reduce his own exposure over time. Sustainability. Over time. At DOMESTIC level. That's the new world Berrz. It's where reality lies in all honesty. King will feed your dreams. Ashley will feed your bellies.
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Your Club/Company is an AIM listed and funded entity. King and Co's laughable speeches and proclamations about spunking north of £30 - £50 million to challenge Celtic may work for the mouth breathers, but as far as future funding is concerned that kind of chat keeps brokers treating you like a suspected Ebola victim. It's been said before.... Ashley will, ultimately, drag your sorry ass-ridden corpse back to life, not as you knew it Jim, but life non-the-less.
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... “Both myself and Paul will have to deal with our previous directorship at the time that Craig Whyte got involved. Additionally, I will have to deal with my reasons for staying on the board and trying to impose some level of governance during the Whyte era. ... King continues to think that, in the light of ALL that has gone on, that his ambiguous fluffery and corporate babblesqueak is going to get him onto the board at Clusturfuck FC ?