The DA Posted January 16, 2015 Share Posted January 16, 2015 (edited) It's worth pointing out that TRIFC haven't formally notified the Stock Exchange of any credit arrangement with MASH. The last official update was to say The Company notes the recent speculation in the press. The Directors confirm that they are currently considering various proposals to secure the financial future of the club, however no decision has been made at this time. I'd have thought they'd need to do that pretty much as soon as they start drawing down against it. ETA: Thanks for the update, Auld Heid. Edited January 16, 2015 by The DA 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted January 16, 2015 Share Posted January 16, 2015 If the 3 bears challenge it's legality, how long would it take for such a process? Longer than the 35 days? It could be the 3 bears challenging it that sends them into admin. 0 Quote Link to comment Share on other sites More sharing options...
shull Posted January 16, 2015 Share Posted January 16, 2015 BT Sport will be delighted tonight 0 Quote Link to comment Share on other sites More sharing options...
The DA Posted January 16, 2015 Share Posted January 16, 2015 If the 3 bears challenge it's legality, how long would it take for such a process? Longer than the 35 days? It could be the 3 bears challenging it that sends them into admin. I'd have thought the sooner the better from their point of view, before MASH's £10M is used up. If they can push into admin today, they'd only have £3.5M of loans to pay back - assuming they haven't splurged the new £10M on a new mower for Ally. There is of course still the small matter of reaching the end of the season but... 0 Quote Link to comment Share on other sites More sharing options...
stonedsailor Posted January 16, 2015 Share Posted January 16, 2015 http://www.rangers.co.uk/news/headlines/item/6929-club-statement "For the avoidance of doubt and so that all Rangers fans are again reassured, the Board has stated that it has no intention of granting security over Ibrox to anybody. We have already shown in our actions - and not words - that our stadium is sacrosanct." Lies http://www.rangers.co.uk/news/headlines/item/7322-board-statement "The Board is happy to reaffirm its position, which has never been a matter of debate, by confirming once again that it will not enter into any form of sale, securitisation or leaseback of Ibrox Stadium. "This has been and still remains the Board's clear and consistent position on this subject as it continues to protect and enhance the assets of the club "The Board of Rangers Football Club is committed to protecting the assets of the Club for the benefit of all Rangers fans, and to adhering to the highest standards of corporate governance." I will never set foot inside Ibrox stadium if this goes ahead, it will be the end for me. Just catching up, 40 pages to go, so if this has been mentioned you are welcome for the bump. If not, why? Liar Tedi, another 5 star season ticket boycottesque empty threat. 0 Quote Link to comment Share on other sites More sharing options...
shull Posted January 16, 2015 Share Posted January 16, 2015 Ibrox. A national treasure ImageUploadedByPie & Bovril1421372947.490362.jpg Played on by The National Disgrace F.C. 0 Quote Link to comment Share on other sites More sharing options...
stonedsailor Posted January 16, 2015 Share Posted January 16, 2015 f**k the catching up, got up to the post where Ashley is lending £10M. How long before Rangers default? Ashley will just clean up. Glorious! Or secure all the assets and let the three bears and King acquire the club saddled with debt! Either way Ashley owns the Rangers' fans spare cash for the foreseeable future. Fucking glorious. 0 Quote Link to comment Share on other sites More sharing options...
stonedsailor Posted January 16, 2015 Share Posted January 16, 2015 Ibrox. A national treasure ImageUploadedByPie & Bovril1421372947.490362.jpg Move to Hampden for a year? That would destroy No8's a team playing in blue at Ibrox rhetoric. Besides did they no say that they'd be playing on the streets soon enough? 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted January 16, 2015 Share Posted January 16, 2015 f**k the catching up, got up to the post where Ashley is lending £10M. How long before Rangers default? Ashley will just clean up. Glorious! Or secure all the assets and let the three bears and King acquire the club saddled with debt! Either way Ashley owns the Rangers' fans spare cash for the foreseeable future. Fucking glorious. "Social unrest" imminent 0 Quote Link to comment Share on other sites More sharing options...
Dr Koop Posted January 16, 2015 Share Posted January 16, 2015 From the Bears’ Den tonight. The self awareness gene seems not to have developed… “Our shitebag support is embarrassing. Robbie Neilson has had his digs at us, poking fun that we’re not title contenders, etc. When did we go from being feared, to fearing everyone else? Hearts are small, pathetic wee club coming to Ibrox, if they’re not worried about the game, then they should be. Let’s remind them that they are cheats, a club run on the back of money stolen from customers of a Lithunian bank who lost everything, so their gangster owner could spend way over the odds on shite players just to keep them in the division. At least when we went insolvent it was for a phantom debt that HMRC cooked up from thin air.” Ah, so it's Ibrox that's the club. That saves us all from getting confused. 0 Quote Link to comment Share on other sites More sharing options...
Crùbag Posted January 16, 2015 Share Posted January 16, 2015 This could really happen for you Ted. Do it. Become an Arbroath fan. You could like yourself. Supporting your local team? That'll never catch on... 0 Quote Link to comment Share on other sites More sharing options...
Dr Koop Posted January 16, 2015 Share Posted January 16, 2015 Ibrox. A national treasure ImageUploadedByPie & Bovril1421372947.490362.jpg Whom the gods destroy they first make mad. Still, quite poetic. 0 Quote Link to comment Share on other sites More sharing options...
Crùbag Posted January 16, 2015 Share Posted January 16, 2015 (edited) Ibrox. A national treasure ImageUploadedByPie & Bovril1421372947.490362.jpg Interesting. The Rangers fans now professing themselves to be Scottish. And the Scottish govt should step in to nationalise the 'national treasure' that is Ibrokes? Also, wishing to be independent of these 'nasty capitalists' who don't care for history or community? If The Rangers fans are now embracing Scottish socialism then does that make them the most left-wing fans in the country? Edited January 16, 2015 by AnCrùbag 0 Quote Link to comment Share on other sites More sharing options...
ribzanelli Posted January 16, 2015 Share Posted January 16, 2015 f**k the catching up, got up to the post where Ashley is lending £10M. How long before Rangers default? Ashley will just clean up. Glorious! Or secure all the assets and let the three bears and King acquire the club saddled with debt! Either way Ashley owns the Rangers' fans spare cash for the foreseeable future. Fucking glorious. If you've skipped 40 pages then to sum up you have missed about 100 odd posts by dhenbhoy and a bunch where Tedi is thrashing around like a cat in a sack which is pretty much as tragic as it is hilarious 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted January 16, 2015 Share Posted January 16, 2015 Are they deid yet? 0 Quote Link to comment Share on other sites More sharing options...
P45 Posted January 16, 2015 Share Posted January 16, 2015 Say what you want about this whole saga but the naming convention of the 2 consortia The Blue Knights and The 3 Bears in fantastic. 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted January 16, 2015 Share Posted January 16, 2015 If you've skipped 40 pages then to sum up you have missed about 100 odd posts by dhenbhoy and a bunch where Tedi is thrashing around like a cat in a sack which is pretty much as tragic as it is hilarious Informative, informal and entertaining Great contribution 0 Quote Link to comment Share on other sites More sharing options...
ribzanelli Posted January 16, 2015 Share Posted January 16, 2015 and your contribution? a couple of scrambling for relevance type digs...well done. I don't need to contribute regularly to be able to accurately sum up the thread. 0 Quote Link to comment Share on other sites More sharing options...
stonedsailor Posted January 16, 2015 Share Posted January 16, 2015 So, these advance notices of security against Ibrox and Murray Park on behalf of Sports Direct, Ashley's sportswear company. Did they receive full board approval or did two directors act entirely alone? Did they seek agreement from the NOMAD? In other news Imran Ahmed was at WH Ireland`s offices in London yesterday. Ashley scores a blinder and Tedi yells OFFSIDE!!! 0 Quote Link to comment Share on other sites More sharing options...
P45 Posted January 16, 2015 Share Posted January 16, 2015 So the 3 bears only offered to match Ashley's loan after it was too late. Surely if T3B were serious they would have come up with the cash as soon as Sarver's bid was withdrawn? Why was Ashley even considered? It sounds like they're not willing to put in the cash but want to shit stir it against Ashley in the press. 0 Quote Link to comment Share on other sites More sharing options...
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