bennett Posted March 25, 2014 Share Posted March 25, 2014 Any signs of the QC yet? Prayers, candles and all that.... -3 Quote Link to comment Share on other sites More sharing options...
bennett Posted March 25, 2014 Share Posted March 25, 2014 Holy shit!!! This guy's a fckin nutcase, i wouldn't trust him with my daughter's piggy bank! Don might be a bit loopy at times but you're being a dick here. -7 Quote Link to comment Share on other sites More sharing options...
Bookies Love Me Posted March 25, 2014 Share Posted March 25, 2014 “@BBCAlLamont: Rangers transfer Laxey £1m loan to fan and shareholder George Letham at a reduced interest rate.” Surely if he's a FAN he would give them a loan "interest free". I'm sure that's what king would do. In fact why didn't king step in with all his cash and cover the loan?? 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted March 25, 2014 Share Posted March 25, 2014 Surely if he's a FAN he would give them a loan "interest free". I'm sure that's what king would do. In fact why didn't king step in with all his cash and cover the loan?? A loan, in return for shares? You would kind of think the convicted criminal would be all over that. 0 Quote Link to comment Share on other sites More sharing options...
Apache Don Posted March 25, 2014 Share Posted March 25, 2014 Don might be a bit loopy at times but you're being a dick here. Not bad but ignoring the issues won't make them go away. King is a certifiable roaster and I'm not sure what would be worse for your club and it's support between him taking the piss, lying through his teeth to get control with the backing of the fan base, so he can squeeze the club dry or actually meaning what he says. Tough call. In my view the stuff he is currently spouting should confirm him as not fit & proper to be running a football club, never-mind his South African crime report. Anyone who says he is willing to pump between 30 & 50 million into a Scottish football club without expecting to ever see any of it back - let alone turn a profit - just as a GIRUY to Celtic, is an absolute crackpot. TBH I think a bit of austerity with the devil you know might be preferable to King's roller-coaster ride. Either way, entertaining times ahead. 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted March 25, 2014 Share Posted March 25, 2014 It's a tough one for the shareholders.. Back a board who want to run the club in a sensible way with the aim of getting a return. Or back King, who wants to beat Celtic regardless of cost. 0 Quote Link to comment Share on other sites More sharing options...
Ross. Posted March 25, 2014 Share Posted March 25, 2014 In fairness to King, he knows how to get the majority of the fans on his side. Absolutely f*cking ridiculous line to take to potential "Investors" though. So Mr King, you want us to give you £20m pounds, over 5 years, and expect us to never see it again? Sure, where do we sign?... 0 Quote Link to comment Share on other sites More sharing options...
ribzanelli Posted March 25, 2014 Share Posted March 25, 2014 I thought Rangers didn't care about Celtic but everything that has come from King mentions them, 10iar etc etc 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted March 25, 2014 Share Posted March 25, 2014 Not bad but ignoring the issues won't make them go away. King is a certifiable roaster and I'm not sure what would be worse for your club and it's support between him taking the piss, lying through his teeth to get control with the backing of the fan base, so he can squeeze the club dry or actually meaning what he says. Tough call. In my view the stuff he is currently spouting should confirm him as not fit & proper to be running a football club, never-mind his South African crime report. Anyone who says he is willing to pump between 30 & 50 million into a Scottish football club without expecting to ever see any of it back - let alone turn a profit - just as a GIRUY to Celtic, is an absolute crackpot. TBH I think a bit of austerity with the devil you know might be preferable to King's roller-coaster ride. Either way, entertaining times ahead. Good point AD, this guff alone, never mind his convictions should rule him out of being anywhere near a football club in this country. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted March 25, 2014 Share Posted March 25, 2014 Not bad but ignoring the issues won't make them go away. King is a certifiable roaster and I'm not sure what would be worse for your club and it's support between him taking the piss, lying through his teeth to get control with the backing of the fan base, so he can squeeze the club dry or actually meaning what he says. Tough call. In my view the stuff he is currently spouting should confirm him as not fit & proper to be running a football club, never-mind his South African crime report. Anyone who says he is willing to pump between 30 & 50 million into a Scottish football club without expecting to ever see any of it back - let alone turn a profit - just as a GIRUY to Celtic, is an absolute crackpot. TBH I think a bit of austerity with the devil you know might be preferable to King's roller-coaster ride. Either way, entertaining times ahead. 2 years of they are all a bunch of spivs and you you can't trust them, now they are preferable... Tbf you probably would need something close to the amounts mentioned to fix the mess left by Charlie and chums, some of the deals they put in place were crazy/crooked. Tbf pt2 - I really don't think that you would need to spend spend spend to compete with them greenyins, a decent centre half, another striker and maybe another right back and you'd have a team capable of competing (given a bit of luck and proper manager). Far more important is getting in place proper scouting/coaching/systems and working towards improving players rather than buying success. with the current board it would be loan after loan after loan after loan after loan, if King has the funds to avoid that scenario then ... 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted March 25, 2014 Share Posted March 25, 2014 2 years of they are all a bunch of spivs and you you can't trust them, now they are preferable... Tbf you probably would need something close to the amounts mentioned to fix the mess left by Charlie and chums, some of the deals they put in place were crazy/crooked. Tbf pt2 - I really don't think that you would need to spend spend spend to compete with them greenyins, a decent centre half, another striker and maybe another right back and you'd have a team capable of competing (given a bit of luck and proper manager). Far more important is getting in place proper scouting/coaching/systems and working towards improving players rather than buying success. with the current board it would be loan after loan after loan after loan after loan, if King has the funds to avoid that scenario then ... Messrs. Ogilvie, Regan and the Men In Black will see to this point. 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted March 25, 2014 Share Posted March 25, 2014 “@BBCAlLamont: Rangers transfer Laxey £1m loan to fan and shareholder George Letham at a reduced interest rate.” Rangers International Football Club plc ("Rangers", "RIFC" or the "Company") Further re. Credit Facilities On 24 February 2014, the Company announced that it had entered into two secured short term credit facilities for an aggregate amount of up to £1.5 million. These credit facilities were provided by Laxey Partners Ltd ("Laxey") to the amount of £1 million (the "Laxey Facility") and Alexander Easdale to the amount of £500,000 (the "Easdale Facility"). Laxey has, pursuant to an agreement entered into today, transferred all rights and obligations in relation to the Laxey Facility to Mr George Letham including all its rights in relation to the standard security granted as security for the Laxey Facility. Mr Letham is a shareholder in the Company and a lifelong Rangers fan. The Laxey Facility, now transferred by Laxey to Mr George Letham, remains subject to the same terms and conditions with the exception that the premium payment has been reduced to £45,000 and remains payable in shares or cash. For further information please contact: Rangers International Football Club plc Graham Wallace, CEO Tel: 0141 580 8647 Daniel Stewart & Company plc Tel: 020 7776 6550 Paul Shackleton / James Thomas (Nominated Adviser) Martin Lampshire (Broker) Newgate Threadneedle Tel: 020 7148 6143 Graham Herring / Roddy Watt / John Coles 0 Quote Link to comment Share on other sites More sharing options...
scottxs Posted March 25, 2014 Share Posted March 25, 2014 Where is that crayon munching loon snafu.? 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted March 25, 2014 Share Posted March 25, 2014 King Interview in today's Herald. ''I think the minimum - if we get lucky - is £30m and we will probably need £50m,'' he said. ''That would be to compete with Celtic. The Rangers' strategy should be a simple thing and I have discussed this with institutions. It is this: every year we have to compete with Celtic. That is the business plan.'' Oh my Fk! ''To me, Rangers is about spending money, not making money.'' ''I actually believe whatever I invest in Rangers I will never get back but I am happy to do it.'' ''There is a business plan among Rangers directors and shareholders - who are not Rangers fans at the moment - that they can take £20m (in revenue) and put £19m out (in costs) and they will make profit.'' (seems fair) '' We would not recognise that Rangers as the way they should be. Rangers won't fail but they could succeed financially and be a small club. To me this is a personal failure because I expect Rangers to be the Rangers I know.'' This guy should certainly be talking to Institutions. He is fkg radio rental. This kind of attitude could be understandable, if it was coming from someone who hadn't watched his club overspend massively and die as a result. It'd still be ridiculous and self-destructive, but you could understand it - daring to dream, etc. To come out with this kind of patter now though is just total insanity, and doubly so because the only reason Dave is making these statements is because he knows it's what he has to say to get the supporters onside. He's saying it because it's what the Rangers fans want to hear, incredibly. If some smooth-talking businessman now offered Leeds or Hearts a ludicrous, all-or-nothing, win-or-die spend-spend-spend solution to their current woes, a few of those teams' fans would probably support it, but the vast majority of supporters would surely regard it as a lunatic idea. Having a club to support is more important to most fans than risking absolutely everything on making sure that that club never loses any games, I would've thought. Not so, these ones. I don't know if there's another bunch of supporters quite like them anywhere in the world, and I don't mean that in a good way. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted March 25, 2014 Share Posted March 25, 2014 Messrs. Ogilvie, Regan and the Men In Black will see to this point. Will Smith and Tommy Lee Jones? It's as if the QC never left... 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted March 25, 2014 Share Posted March 25, 2014 Will Smith and Tommy Lee Jones? It's as if the QC never left... Laugh ? I nearly did. 0 Quote Link to comment Share on other sites More sharing options...
Apache Don Posted March 25, 2014 Share Posted March 25, 2014 Stv news. The match between The Rangers & Celtic youth teams will be played behind closed doors. Spokesman for the Ibrox club confirms that the decision has been taken due to the high costs of policing. 0 Quote Link to comment Share on other sites More sharing options...
stonedsailor Posted March 25, 2014 Share Posted March 25, 2014 Probably already been posted but I had to laugh at this. Salzburg of course play in an outrageous diddy league compared to Sevco who come up against the likes of Stenhousemuir and Brechin I know the place is inhabited by culls but the first guy is correct. Brora is in Europe so Rangers are out doing everyone else. 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted March 25, 2014 Share Posted March 25, 2014 Stv news. The match between The Rangers & Celtic youth teams will be played behind closed doors. Spokesman for the Ibrox club confirms that the decision has been taken due to the high costs of policing. Embarrassing for Sevco. On one hand The Glib and Shameless Liar is talking of pumping in £50 million (yes, I'll repeat that - £50 million) over 4 years. On the other they can't afford to pay for a few plukey youths in hi-vis jaiketsto stand around for 3 hours. Pleasing though. 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted March 25, 2014 Share Posted March 25, 2014 (edited) King Interview in today's Herald. ''I think the minimum - if we get lucky - is £30m and we will probably need £50m,'' he said. ''That would be to compete with Celtic. The Rangers' strategy should be a simple thing and I have discussed this with institutions. It is this: every year we have to compete with Celtic. That is the business plan.'' Oh my Fk! ''To me, Rangers is about spending money, not making money.'' ''I actually believe whatever I invest in Rangers I will never get back but I am happy to do it.'' ''There is a business plan among Rangers directors and shareholders - who are not Rangers fans at the moment - that they can take £20m (in revenue) and put £19m out (in costs) and they will make profit.'' (seems fair) '' We would not recognise that Rangers as the way they should be. Rangers won't fail but they could succeed financially and be a small club. To me this is a personal failure because I expect Rangers to be the Rangers I know.'' This guy should certainly be talking to Institutions. He is fkg radio rental. Staggering. Absolutely batshit crazy. Edited March 25, 2014 by Monkey Tennis 0 Quote Link to comment Share on other sites More sharing options...
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