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Big Rangers Administration/Liquidation Thread - All chat here!


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So does whoever hands over the 1.5 mill become maim creditor when the brown stuff huts the rotating cooling device?

Probably not - What might happen is that the club can issue and hand over the shares for the £1.5m and the shares can be sold into the market as soon as possible - the problem with that though is there is not a lot of volume traded in RFC ( less than 300k shares per day ) so it would take a wee while to get rid of 5+ million shares ( without damaging the sp ) Although the sp is low just now ( which will suit someone giving out the loan - as they'll get more shares ) the sp might become unstable PDQ if all this imminent admin is to be believed

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I'm absolutely disgusted by the cynicism on this thread. This £1.5 million injection is great news for the club. It will probably give the players the impetus they need to complete the treble and see record number of Season Tickets being sold for next season.

It is also great news for Scottish football because a second administration/liquidation of the club would spell Armageddon for the game north of the border.

In other news there is absolutely no truth in the rumour that certain P&B accounts have been hacked. :rolleyes:

Made me laugh, quality.

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Been trying to figure out "why" toxic jack let the news out about the loan, then the statement that it hasn't actually been agreed on yet.

Perhaps there is no loan :)

On the world service today there was a bit on the EU voting through legislation to end the web of shell companies, and thus hindering money laundering , fraud, tax evasion etc http://www.globalwitness.org/library/european-parliament-votes-end-anonymous-shell-companies

Maybes that puts an end to it, so its get out of Dodge time for all concerned.

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A payday loan from the McKrays and Laxey?

:D :D :D

Remember how much Ahmed got for a smaller loan for a few days, this will cost them the whole of that warchest.

but still no ''bank debt''...............lol...........

Whose kneecaps are on the line when they don't pay?

It's a great ploy, is it not? Loan the club heaps of cash at shark interest rates then dump it on the fans. Double bubble, sell the the club then get paid again when you call in the loan.

Fuking mugs those Orcs.

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