Florentine_Pogen Posted January 16, 2015 Share Posted January 16, 2015 http://www.cityam.com/207293/mike-ashleys-usc-bought-out-administration-mike-ashleys-republic 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted January 16, 2015 Share Posted January 16, 2015 I think it's fair to assume that every Club that has borrowed money/had access to a credit facility from a lender over the years has had this secured against their stadium or other assets.......I'd be willing to bet Ibrox has been used in this way under previous Owners down the years. Rangers fans didn't care as long as Wattie had a warchest to win the league. If the team on the park wasn't so garbage they probably wouldn't care now. Indeed. All this mewling about the stadium being used as security from a fanbase that openly accepted liquidation. I don't know for certain sjc, but I'm willing to bet Murray used the stadium as security as well. This just screams of T3B and King on a desperate PR mission. Be interesting to know if there was interest rates attached to both offers and what they were. Tbf it would have helped if the board were honest with the rangers fans but when have Rangers fans ever appreciated realistic and honest views on their club? 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted January 16, 2015 Share Posted January 16, 2015 StandFree has to be a Tedi alias ! The styling is almost identical... Never admit to being in the wrong - argue the minutiae indefinitely - whataboutery as a deflection technique... Brothers at least ?? If he starts banning Tedis aliases they'll be down about 20 members! 0 Quote Link to comment Share on other sites More sharing options...
shull Posted January 16, 2015 Share Posted January 16, 2015 Mike's a Republican... Oh! 0 Quote Link to comment Share on other sites More sharing options...
accietilleyedye Posted January 16, 2015 Share Posted January 16, 2015 % of shares that's important. So what percentage of shares did the 0.0000706% who signed up , buy yesterday ? 0 Quote Link to comment Share on other sites More sharing options...
Trackdaybob Posted January 16, 2015 Share Posted January 16, 2015 It's Friday..............................that means it's..................................Shooders Time !!!!!! You know I've never, ever hit the 'play button' on that. I'm kinda scared at what it'll reveal 0 Quote Link to comment Share on other sites More sharing options...
MEADOWXI Posted January 16, 2015 Share Posted January 16, 2015 http://www.cityam.com/207293/mike-ashleys-usc-bought-out-administration-mike-ashleys-republic From the article; Duffy said: “West Coast Capital (USC) Limited underwent a very successful financial restructuring process and sale; this leaves the business in a stronger position to carry on trading. We are pleased that following the process all stores continue to trade.” Is that city speak for 'screwed over a bunch of suppliers and creditors for debt and carried on regardless' ??? 0 Quote Link to comment Share on other sites More sharing options...
GreenockRover Posted January 16, 2015 Share Posted January 16, 2015 So what percentage of shares did the 0.0000706% who signed up , buy yesterday ? 0% RST have the tenners stored in a big jam jar (or possibly a honey pot) 0 Quote Link to comment Share on other sites More sharing options...
GreenockRover Posted January 16, 2015 Share Posted January 16, 2015 You know I've never, ever hit the 'play button' on that. I'm kinda scared at what it'll reveal Save it for when you're really down... It'll be like coming up for air after being underwater for a week.... You'll never be so............. amazed. 0 Quote Link to comment Share on other sites More sharing options...
OTIG_FTOF Posted January 16, 2015 Share Posted January 16, 2015 353 people joined the RST yesterday, not to bad that for one day. Only 353 out of the gazillions of bears, on the day the shit hit the fan, bothered to sign up to RST? More evidence of an inactive, indifferent "support" who are realising with increasing numbers, T3K's (The Three Knights aka Ashley, Green and Whyte) hold all the aces (and the deeds) and Sevco is a busted flush, and the games a bogey. 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted January 16, 2015 Share Posted January 16, 2015 Duff and Phelps as administrators. 0 Quote Link to comment Share on other sites More sharing options...
thelegendthatis Posted January 16, 2015 Share Posted January 16, 2015 I think he is about the only person involved who actually doesn't care how angry the fans are! He's not bothered as long as the cash rolls in and I doubt the fans can say or do anything to put him off, apart from actually withholding all their money. That is why the Rangers Loyal hate him so much. He doesn't invite them in for a wee chat and a cup of tea, allowing them to call him Mr Ashley and generally kiss his ass. Nor does he bother feeding Jim Traynor, Chic Young and similar incompetents with grandiose stories of possible signings and great things ahead, failing which it will be a 'who do we hate this week' article written for the loyal scribes. If everything goes badly wrong Ashley would have no problem in just shutting the whole thing down. OK he will have to suffer the anger of the loyal, but when you are running a company like http://www.sportsdirectplc.com/investor-relations/interactive-kpi-chart.aspx successfully,it would just be another business decision, and a small one at that. No more than an irritating pimple on his bum. We have lived through ownership by 'fans with money', the 'of course I am a fan' with so much money you can't count it, to the 'I have always respected Rangers' with no money, to a guy who has the money and will support Rangers only if it successful as a business. I know which one i would prefer to see running the club to achieve a genuinely successful Rangers. And the one it would not be would be Dave (“glib and shameless liar”) King. And the first step would be to wash out the legends who believe the club is there for their personal benefit. We can talk all day long, but Ashley has everything covered. The wagons are circled. Guns loaded and people to fire them. So shout all you want, throw your stones, but be careful what you supporters wish for. 0 Quote Link to comment Share on other sites More sharing options...
OTIG_FTOF Posted January 16, 2015 Share Posted January 16, 2015 http://www.cityam.com/207293/mike-ashleys-usc-bought-out-administration-mike-ashleys-republic Duff and Phelps. Now there's an unfortunate coincidence.And one dead organisation's assets bought by those who let it die for a knockdown price, then after running up debt in newco let it go to the wall too ,only for them to buy assets for another knockdown price. Deja vu. 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted January 16, 2015 Share Posted January 16, 2015 OK, I see what you mean now. You're right there is a difference Theres varies degrees of both, though. Following someone round the forum simply disagreeing with everything they say, for example, is stalking but its hardly bothering anyone. Similarly, theres "abuse" going on all the time too, of varying degrees. If nobody is bothered and it doesnt cross a line then, generally, nothing happens. What Im talking about is somewhere in between. Repeatedly posting "abuse" that doesnt quite cross the line, until it does ok....fair enough. cheers. 0 Quote Link to comment Share on other sites More sharing options...
Dr Koop Posted January 16, 2015 Share Posted January 16, 2015 I think he is about the only person involved who actually doesn't care how angry the fans are! He's not bothered as long as the cash rolls in and I doubt the fans can say or do anything to put him off, apart from actually withholding all their money. I think he's not minded to give a schtuff about fan opinion, too. All this strikes me as a move to get a deal with other shareholder blocs sorted out. One that's pretty much on his terms, meaning he has the share of the cake he wants and his partners can deal with everything else as long as business ticks over. I sympathise with the fans. They must be dizzy trying to work out who the good guys and the bad guys in all this are. 0 Quote Link to comment Share on other sites More sharing options...
Dr Koop Posted January 16, 2015 Share Posted January 16, 2015 Duff and Phelps. Now there's an unfortunate coincidence.And one dead organisation's assets bought by those who let it die for a knockdown price, then after running up debt in newco let it go to the wall too ,only for them to buy assets for another knockdown price. Deja vu. "Carry on trading ..." 0 Quote Link to comment Share on other sites More sharing options...
Dr Koop Posted January 16, 2015 Share Posted January 16, 2015 You know I've never, ever hit the 'play button' on that. I'm kinda scared at what it'll reveal I'll save you the grief. Imagine being hit by an electric shock so strong it breaks your toes as they curl. 0 Quote Link to comment Share on other sites More sharing options...
Stag Nation Posted January 16, 2015 Share Posted January 16, 2015 I think he's not minded to give a schtuff about fan opinion, too. All this strikes me as a move to get a deal with other shareholder blocs sorted out. One that's pretty much on his terms, meaning he has the share of the cake he wants and his partners can deal with everything else as long as business ticks over. I sympathise with the fans. They must be dizzy trying to work out who the good guys and the bad guys in all this are. It's easy as far as the fans are concerned. Those who actually put their money in to save the "club", e.g. Ashley & the Easdales, are the bad guys. Those who don't (but claim to be good Rangers men), e.g. King and the 3 Bears, are the good guys. They deserve all they get. 0 Quote Link to comment Share on other sites More sharing options...
scottxs Posted January 16, 2015 Share Posted January 16, 2015 You know I've never, ever hit the 'play button' on that. I'm kinda scared at what it'll reveal it's worth pushing the button for. 0 Quote Link to comment Share on other sites More sharing options...
Jambomo Posted January 16, 2015 Share Posted January 16, 2015 I sympathise with the fans. They must be dizzy trying to work out who the good guys and the bad guys in all this are. I think that's because there aren't any good guys here. They all want their share of cash out of the club and whilst some care more than others about the club and fans, I doubt any of them would care about it beyond satisfying their own interests. 0 Quote Link to comment Share on other sites More sharing options...
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