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Big Rangers Administration/Liquidation Thread - All chat here!


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If he just wanted to expand his real estate portfolio there must be easier gigs out there than Ibrox.or Auchenhowie for that matter.

Maybe he just enjoys the challenge,as of yet I doubt anyone outwith Ashley actually knows what his final game plan is to be. Maybe he doesn't even know it yet himself.

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This loan upon loan is hilarious.

MA lends them £10M.

Immediately asked for the £3M he already owed back.

THEM are now £7M better off,

Except for the £10M they owe,

With a new clock ticking and the keys to the big hoose lodged against it.

So fucked its unbelievable PMSL

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Again, why would he want to do that (just let the club fold) ?? What would be the point of that from both a football & a business perspective?
Is it a football AND business perspective? It's not necessarily both. Mike Ashley clearly has a plan. And several alternatives if he can't get his plan A to work. Who knows for sure what his plan(s) is. He is one for playing the long game (he can afford to easily), keeping his cards close to his chest, out manoeuvring all and sundry, and will get his way ultimately.
Some things are worth more dead than alive?
There's one reason.
Well he would have the assets for when the 3rd version appears in June / July and needs a training ground and a stadium to play in..... it'll cost them say £ 2 million a year in rent + 10% of all tickets......... he has his cash back in no time
And another.Plenty more (football, or property related, they don't necessarily need to go hand in hand) potential outcomes that Ashley is working towards.One thing for sure, is Ashleys endgame will only become apparent to Sevco zombies once Ashley has all his knights, queen and other pieces in place exactly where he wants them and he can call checkmark, and the games over for all challengers, and Ashley is the winner (with potentially Whyte and Green emerging from shadows as his sidekicks who paved the way for him to own Sevco lock stock and barrel).
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1 A good businessman always does risk assessment and has contingency plans.

2. His original plan was sabotaged by an ungrateful bears support and the uppity king trying to muscle in on the cheap.

He could be hacked off and decided to resort to a fallback plan ...

Nobody is really stating this was his one and only gameplan all along ... but he is certainly playing a blinder and has all the moves covered.

.

Exactly

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Correct.

However

1 A good businessman always does risk assessment and has contingency plans.

2. His original plan was sabotaged by an ungrateful bears support and the uppity king trying to muscle in on the cheap.

He could be hacked off and decided to resort to a fallback plan ...

Nobody is really stating this was his one and only gameplan all along ... but he is certainly playing a blinder and has all the moves covered.

I do get where you are coming from though ... hope springs eternal.

I think doing a risk assessment on Rangers as it stands and all that has happened since its formation is one hell of a job. That is why MA saw it so important to get Llambias and Leach in the door. They will still be digging their way through all the crap finding out what is there and especially what could jump up and bite them on the bum. Would guess they will have a squad working on the detail down in Sports Direct HO or wherever.

Perhaps?? Take Ashley on at your peril. Must be a few skeletons to unearth at castle Ibrox.

Whistleblower

Ashley turned whistleblower on industry rivals in 2000, handing the Office of Fair Trading evidence of business meetings held by sports retailers to fix the price of football shirts. Ashley attended a meeting at the Cheshire home of David Hughes, the chairman of now bankrupt rival Allsports. At the meeting Dave Whelan, the founder of JJB Sports, reportedly told Ashley: "There's a club in the north son, and you're not part of it."

Assuming Ashley provides money and gets security over any assets against that loan, you can be totally sure that as long as a single pound remains outstanding on the loan, the assets will remain in Ashley's hands.

If Ashley is handing over money he won't be keen on a company that burns money having it. The culls must happen soon, with staff going out the door to reduce running costs. That must include players as they will be at the top of the payroll spreadsheet!

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Well at least it should keep the BRALT open until the end of the season, that should satisfy the lust of the overwhelming majority on here, I guess.

I suppose that's something :(

Edited by RedRob72
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Well at least it should keep the BRALT open at least until the end of the season, that should satisfy the lust of the overwhelming majority on here, I guess.

I suppose that's something :(

The Big Thread must stay open, Rab.

That's the bottom line. ;)

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I do really like the link (posted earlier) to the article saying Ashley is looking at getting Rangers into the EPL. Now that would be fun. And a money making machine compared with what Rangers could achieve just operating within Scotland. Even if Rangers had to start in the English Championship (or lower) it would still be financially better then where they are at present. And surely the Rangers fans would lap it up. They after all see themselves as English with Scottish accents and have talked for years about being too big for Scottish football.

Would take the SFA/SPFL out of the game in one fell swoop. The EPL wont be worried about Ashley's double ownership. And if Swansea, Cardiff, Derry City, Berwick Rangers can play in leagues in foreign countries then the precedence has been set.

None of these represent a precedent - they are long-standing agreements which were in place before UEFA even existed.

The FA, SFA and UEFA would need to give permission for a team in an English competition to play home matches in Scotland. It's not going to happen.

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Personally, I couldn't give a flying fcuk what Mike Ashley's masterplan is. As long as it ends in tears for the Sevco, and a fat polyester replica top wearing cnut holding the keys to Minty Park and the Sevco Sports Direct Stadium... That'll do me.

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Now if I was Ashley i'd loan the £10 million - get my £3 million back, pay easdale, then declare "Emergency work" needed on the ground / murray park, have it paid then let the club default on my loan.

Nice re-furbished stadium, and training ground to rent out, guaranteed income and no need to worry about boardroom shenanigans whilst I count my income from orange tops

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Bet the three stooges and king tax cheat are feeling chuffed with their investments tonight :D

It's getting like one of those ch4 type documentaries about a family desperately trying to hold on to their house. We all know these end up with the black bin bags being carried out while the baillifs change the locks. I for one cannot wait for that day to come.

Edited by Billy Jean King
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What a bunch of clowns. What is legalised theft?

I note the Rangers Supporters Trust has contacted MPs. Was Rangers FC a responsibility devolved to the Scottish Government? No doubt won't stop Ian Davidson getting his nib in, with TV opportunities to show what a man of the people he is, especially as he scrambles to try to hang on to his seat come the election.

It's charging people money to watch the shyte that Ally and friends have been churning out week by week over the past few years.

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