Forever Diamond

It would be fun if the £10m only lasted them long enough to when the £3m loan needs paid back...They default,he calls in the other loan and he owns the lot.

Unbelievable, either Ashley gets his own Sports Direct team on the park or he will have himself the cheapest plot of land ever for a new Super Casino. Say what you like about Mike,he knows how to play the game.

What is this, Ibrox has a leak. Been a few of them over the years

Both if he gives them the money to continue trading,but definitely Ashley as he will own lock stock and barrel if he gets Ibrox and Murray park as well.

Soon to be the Sports Direct Rangers playing out of the Sports Direct Arena.....will pmsl if it does happen.

What,and deprive Phil of your presence on his Blog site.

One interesting fact though is the Stadium and Murray park....if they do not own them then who does?

Nope,no copying from his page...clicking on it is the only way.

Love or loathe our Phil he does give some interesting reading. http://www.philmacgiollabhain.ie/security-problem/

Fans are looking to up their stakes some more. http://www1.skysports.com/watch/video/sports/football/9643357/fans-increase-rangers-stake

lol my jackanory...again I can't lay claim to this. Will accept it if it makes you feel better though. Times are bad enough for you Bears.

You tell me, was there a choice when it came to the taxman and all those poor creditors that the oldco didn't always do things officially with.

And everything that wonderful club of yours does is always done officially.

http://www.dailyrecord.co.uk/sport/football/football-news/rangers-hate-figure-brian-stockbridge-4625845 Just took a small quote of the board saying that money may be required. " The move was put in place after Sports Direct boss Ashley handed over £3million in emergency loans to spare Rangers from insolvency. The embattled club’s bosses admit more money may be needed to pay ­December’s wage bill. The Record understands the Mar Hall meeting was arranged so ­Stockbridge could clear up historic financial issues." Quote from another site I unfortunately can't copy and paste from. "Last night the board had a post AGM meeting and the Agenda was dominated by money or rather the lack of it. I understand that Mike Ashley will find the funds to enable Sevco to make payroll this month. However,further external finance will have to be accessed in January,but that is for another day" Those quotes and the fact Easedale gave a loan in as well shows the debt is more than £3m in loans

It could well be creeping up to the £5m as he apparently paid the wage bill for December, but nothing was mentioned about securing anything against it. If he did I doubt he did this out the goodness of his heart,he no doubt got some form of guarantee of getting this money back.

Being honest Dhen, if I was Ashley I would shut the club down and get back my money plus back from the assets secured on the loans. He may have been happy to plod along and have the advertising and retail...but as you said the fans have turned on him,and depending what happens with the meeting called for his dual club breaching of rules he may well just say hell mend you all and do it for spite. Being honest though, I think he wants to continue to control the club,whether he wants success or not is a big question mark,as he hasn't exactly pushed out the success boat with Newcastle.He seems quite happy to just plod along and get his share of cash from the advertising and retail from Newcastle,so no doubt will do the same with Rangers should he continue to remain. That wont suit the Bears if they are a Championship or mediocre Premiership side though, but if Ashley is continuing to make cash from them he will not be bothered.

The fact that it was reported to the stock exchange does show it was a genuine bid, but was it a planned bid that they knew was definitely going to fail.

Well the longer it drags on without King and Co adding anything else to the pot it looks as if you may be right about Ashley's bluffing. Especially if it comes out King and Bears blocked Sarvers bid,yet add no further investment themselves. Hero to Zero in one move for King,and Ashley won't have even batted an eyelid.

Did also hear over the weekend Dhen that King and Bears were all but done and dusted with a deal to see them have 2 members on the board, but also heard that Ashley was about to fund the money required,no mention of further assets being needed which made me think defo BS on that one. Really think too many sources are clutching at straws of yet to come major investment, and to be honest I can't see it coming. We will probably never fully know if Sarvers was genuine either.

LLambias and Leach plus who ever else he gets in would be the best way for him to go, he trusts the first two guys fully.

On a certain forum there are Rangers fans demanding a full boycott at the rejection of Sarvers offer. Just my opinion on this,but this may well be what Ashley and co are wanting, Sarver was a set up to be rejected to force fans away,and then they pull the plug saying saving the business is unattainable and go into administration followed quickly by liquidation. This gives part of the stadium to Ashley,and he purchases the remainder of the club. Then he is free to appoint his own people to run it without getting involved himself,he still has advertising and retail for Sports Direct with the club,and Ashley is a winner without being in breach of any rules. Just thinking aloud on this,but it certainly looks as though it could be a possibility.

Whatever makes you happy Tedi, I will just have to get a patent out on it now as I invented it

Why else would a shareholder have contacted the panel if he didn't think it was hostile...again,don't quote me, I don't believe everything the BBC say,but it is quoted on at least one Celtic forum that I have been made aware of also.