sjc Posted March 28, 2014 Share Posted March 28, 2014 Re the UoF statement, it ends with a reference to "Dave King' s offer of £30m". Has there ever really been such a thing though? He's talked of such sums being necessary, he's even said he'd be willing to plough money in for no return. I'm not sure that anything he's said amounts to a firm offer though and even if it did, would you believe him? FWIW, I can actually see the logic in attempting to withhold or divert ST money, given how poorly the fans have been served since Newco, by simply handing it over. The problem however is the jeopardy the club may be placed in by doing so. Throw in the fact that the champion of such a scheme is far from entirely stable or trustworthy, and you really do have a rock / hard place scenario. That's it in a nutshell for me too..... 0 Quote Link to comment Share on other sites More sharing options...
Double Jack D Posted March 28, 2014 Share Posted March 28, 2014 I prefer to call it a popcorn/popcorn scenario! 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted March 28, 2014 Share Posted March 28, 2014 I prefer to call it a popcorn/popcorn scenario! Is it really though? In the event of an administration won't King be able to pick to Club up for a song? {albeit possibly without the assets (Ibrox, Murray Park etc)} 0 Quote Link to comment Share on other sites More sharing options...
Ross. Posted March 28, 2014 Share Posted March 28, 2014 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted March 28, 2014 Share Posted March 28, 2014 His words were; “I’ve lost £20m in Rangers already and I’m happy to lose another £30m as I love the team. I don’t want to be arrogant but it might be easier for me to lose £30m than it is for some fans to afford season tickets." and "But I would say I would probably have to put in £30m of the £50m over the period of time. And I could probably get other people to put in £20m." and ‘Would I be willing to invest £30m despite what happened previously? Of course. Sure.’ Seems to be 'over a period of time' is the telling phrase. Doesn't actually constitute an offer though does it? I wouldn't be taking that statement as Dave Kings' £30m sitting there ready to be invested tbh. 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted March 28, 2014 Share Posted March 28, 2014 I think we could be heading for a Coventry scenario where one company owned the assets and another the club, they failed a a CVA because the largest creditor was the asset owner and were forced to go down the newco route and find another stadium. The spivs may feel they have a stronger hand though for a few reasons (1) it appears that newco`s in Scotland can not simply carry on in the same division like Coventry and Ibrox is a huge part of Rangers and there are no near by stadiums that could be used. That's how I'm reading it too.........could they not use Hampden in a worst case scenario? 0 Quote Link to comment Share on other sites More sharing options...
Bookies Love Me Posted March 28, 2014 Share Posted March 28, 2014 Is it really though? In the event of an administration won't King be able to pick to Club up for a song? {albeit possibly without the assets (Ibrox, Murray Park etc)} Even if king did pick up the "club for a song". Who would he get to invest? Another bunch of crooks/criminals/shysters just like him (tax dodging cronies)? 0 Quote Link to comment Share on other sites More sharing options...
Ross. Posted March 28, 2014 Share Posted March 28, 2014 That's how I'm reading it too.........could they not use Hampden in a worst case scenario? Would Rangers fans turn out at Hampden? Given a large element of them blame the SFA/SPFL for a lot of what has happened, would they swallow their pride and fund the national stadium? 0 Quote Link to comment Share on other sites More sharing options...
Ross. Posted March 28, 2014 Share Posted March 28, 2014 They could but unfortunately many Rangers fans seem convinced the owner of that stadium is on the list of enemies, daft but there you go. Should have refreshed to see that comment before adding mines! 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted March 28, 2014 Share Posted March 28, 2014 They could but unfortunately many Rangers fans seem convinced the owner of that stadium is on the list of enemies, daft but there you go. True....but surely by doing this (or even threatening to do so) would force the owners of Ibrox to do a deal......not as if it's a "multi use" venue..... 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted March 28, 2014 Share Posted March 28, 2014 Even if king did pick up the "club for a song". Who would he get to invest? Another bunch of crooks/criminals/shysters just like him (tax dodging cronies)? I understand that.....but call this old fashioned but King (& the supporters) run the Club within its means? I know I know!......not really the Rangers way is it! 0 Quote Link to comment Share on other sites More sharing options...
~~~ Posted March 28, 2014 Share Posted March 28, 2014 Is it really though? In the event of an administration won't King be able to pick to Club up for a song? {albeit possibly without the assets (Ibrox, Murray Park etc)} The assets are the "club" remember 0 Quote Link to comment Share on other sites More sharing options...
ribzanelli Posted March 28, 2014 Share Posted March 28, 2014 True....but surely by doing this (or even threatening to do so) would force the owners of Ibrox to do a deal......not as if it's a "multi use" venue..... Well there is the casino, plus they could remove the hover pitch for concerts 0 Quote Link to comment Share on other sites More sharing options...
Homer Thompson Posted March 28, 2014 Share Posted March 28, 2014 Re the UoF statement, it ends with a reference to "Dave King' s offer of £30m". Has there ever really been such a thing though? He's talked of such sums being necessary, he's even said he'd be willing to plough money in for no return. I'm not sure that anything he's said amounts to a firm offer though and even if it did, would you believe him? FWIW, I can actually see the logic in attempting to withhold or divert ST money, given how poorly the fans have been served since Newco, by simply handing it over. The problem however is the jeopardy the club may be placed in by doing so. Throw in the fact that the champion of such a scheme is far from entirely stable or trustworthy, and you really do have a rock / hard place scenario. I can see why they would threaten to withhold season ticket money too. The part I dont get is how they can expect to have the security of assets handed over to them in exchange for the season ticket money. The season ticket money is to buy a season ticket. Its a commercial transaction, not an investment in the club. 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted March 28, 2014 Share Posted March 28, 2014 ^ ^ ^ The dopey git returns , are you ready to outwit yourself on a regular basis by posting shit backed up with a backfiring link . Can't wait to see you resign again you fucknugget Did I mention you are thick ?, I'll just post it again , I know piles of sick that have more intelligence than you . FANNY Careful HB, you left yourself open to a sneaky left hook there.......................... 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted March 28, 2014 Share Posted March 28, 2014 “Insanity: doing the same thing over and over again and expecting different results.”-Albert Einstein Off topic but the above was only true before the arrival of personal computers................................... 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted March 28, 2014 Share Posted March 28, 2014 They could but unfortunately many Rangers fans seem convinced the owner of that stadium is on the list of enemies, daft but there you go. Why would QPFC be on the list? As 'Bomber' would say, "Show us the deeds!". 0 Quote Link to comment Share on other sites More sharing options...
Ned Nederlander Posted March 28, 2014 Share Posted March 28, 2014 (edited) His words were; “I’ve lost £20m in Rangers already and I’m happy to lose another £30m as I love the team. Genuine question: Did he actually lose £20m ? It's been suggested that this is a fallacy ! Edited March 28, 2014 by Ned Nederlander 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted March 28, 2014 Share Posted March 28, 2014 Genuine question: Did he actually lose £20m ? It's been suggested that this is a fallacy ! I wonder that too.......but like so much about the whole sorry mess that is Rangers (Oldco & Newco) I doubt we'll ever find out! 0 Quote Link to comment Share on other sites More sharing options...
aofjays Posted March 28, 2014 Share Posted March 28, 2014 Genuine question: Did he actually lose £20m ? It's been suggested that this is a fallacy ! No, he didn't. He got about 18m off oldco which was detailed in his trial for being a fraudster. Annoys me the media just parrot this rubbish. 0 Quote Link to comment Share on other sites More sharing options...
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