thelegendthatis Posted January 17, 2015 Share Posted January 17, 2015 looking at the above post from thelegendthatis is it too simple to say that the "unnacounted for " shares could well hold the balance of power? equally it may be that blue pitch , margerita etc. may jump the dyke and transfer their sympathies/votes? I am sure none of us can really guess Ashleys next move ,but for sure he will think long and hard. I dont really care much either way, but I feel there are lots more twists and turns to come. Sorry, but I didn't guess at all who the 'unaccounted for' are nor how they will vote. I just gave the list so everyone can do their own sums. The ones that are 'institutional' investors such as Legal & General (why on earth did they ever get involved?), Cazenove, Artemis for example will (legally) have to advise whoever they are acting for which side will give them the best return on their investment in Rangers shares, But although 51% of the votes is desirable at the EGM, unless they can reach 75% a minority shareholder will be able to stall and potentially block the decision. Llambias and Ashley will know exactly how best to do this and make their case. A totally dodgy geezer like King being involved would be a strong argument on both a legal (company law) basis but also the challenge of convincing the SFA he is fit and proper now compared with being a 'glib and shameless liar' as described a few years back. Such a move would put Rangers into business lockdown mode while this was resolved through the courts. Would it put them under? Don't know, but for sure it would make things very difficult. So agree totally, lots more twists and turns to come. 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted January 17, 2015 Share Posted January 17, 2015 Isn't the convicted fraudster Easdale a board member of the company rather than the club to get around that? Maybe convicted tax dodger Dave King is planning the same scam. Surely to god he wouldn't have called this EGM if he wasn't certain he'd be successful? 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted January 17, 2015 Share Posted January 17, 2015 Poor journalism : "As punishment, the Scottish football authorities announce that from the start of the following season, the club that has been crowned champions of Scotland 54 times will be relegated to its fourth tier".................. Saw that. 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted January 17, 2015 Share Posted January 17, 2015 Aye that's why I blamed auto correct, it's broken. Just like Scottish football... 0 Quote Link to comment Share on other sites More sharing options...
Stag Nation Posted January 17, 2015 Share Posted January 17, 2015 Isn't the convicted fraudster Easdale a board member of the company rather than the club to get around that? Maybe convicted tax dodger Dave King is planning the same scam. Surely to god he wouldn't have called this EGM if he wasn't certain he'd be successful? The SFA's "fit & proper" requirement also applies to "any other body corporate associated with it either through the holding of shares in it or by reason of control by contract or other form of agreement", so that seems to cover the holding company. Also, Easdale's fraud conviction was over 10 years ago, so doesn't disqualify him. 0 Quote Link to comment Share on other sites More sharing options...
p&b is a disgrace Posted January 17, 2015 Share Posted January 17, 2015 The games a bogey - close the thread 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted January 17, 2015 Share Posted January 17, 2015 Just like Scottish football... Thought it was booming.... 0 Quote Link to comment Share on other sites More sharing options...
WeeHectorPar Posted January 17, 2015 Share Posted January 17, 2015 Thought it was booming.... That's the noise your club will make when it finally self-destructs. 0 Quote Link to comment Share on other sites More sharing options...
Glen Sannox Posted January 17, 2015 Share Posted January 17, 2015 Sounds like "fit and proper" in Glaswegian terms, means spitting on and attacking people. 40 miles along the M8, might as well be 4 million miles. Absolute junk. 0 Quote Link to comment Share on other sites More sharing options...
WeeHectorPar Posted January 17, 2015 Share Posted January 17, 2015 Sounds like "fit and proper" in Glaswegian terms, means spitting on and attacking people. 40 miles along the M8, might as well be 4 million miles. Absolute junk. "Fit and proper" means "doing it the proper Rangers way". f**k the rest of Scottish football. The Big Hoose must stay open. 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted January 18, 2015 Share Posted January 18, 2015 Do you have a breakdown? Don't ask Hector that, for goodness sake. 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted January 18, 2015 Share Posted January 18, 2015 When Rangers were liquidated they owed £125 million. Really? Don't let Tedi and co see you quoting figures like that. They reckon it was about £18m or thereabouts. 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted January 18, 2015 Share Posted January 18, 2015 More failure for the fukwits...... .http://m.bbc.co.uk/sport/football/30863185?utm_source=dlvr.it&utm_medium=twitter "It is quite clear from their detailed examination of statements made by the board regarding Ibrox that, whilst giving the impression to fans and shareholders that they were making a commitment not to grant security over Ibrox, the board was in fact meticulously careful not to stray into language which would actually give such a legal commitment. As was Nimmo-Smith when he gave his opinion on the existence of Rangers, the club. 0 Quote Link to comment Share on other sites More sharing options...
WeeHectorPar Posted January 18, 2015 Share Posted January 18, 2015 Don't ask Hector that, for goodness sake. 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted January 18, 2015 Share Posted January 18, 2015 I've only just realised the number of "Rangerses" that currently 'exist' After Cockwombles recent pronouncement it dawned on me that we have 'RIFC plc' the public limited company, which has a subsidiary called, 'RFC Ltd', the private limited company, which in turn apparently runs 'The Rangers FC', the ethereal, intangible club. Add to these,'Rangers 2012' and 'Sevco5088' and we have 5 entities. Is that what the five stars refer to? 0 Quote Link to comment Share on other sites More sharing options...
Count Mongo del Fantastico Posted January 18, 2015 Share Posted January 18, 2015 http://www.theguardian.com/football/2015/jan/18/how-the-mighty-glasgow-rangers-have-fallen?CMP=share_btn_fb 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted January 18, 2015 Share Posted January 18, 2015 You weren't the Hector from Fife, texting into Off the Ball on the subject of yesterday's Tannadice postponement, were you? 0 Quote Link to comment Share on other sites More sharing options...
weirdcal Posted January 18, 2015 Share Posted January 18, 2015 http://www.theguardian.com/football/2015/jan/18/how-the-mighty-glasgow-rangers-have-fallen?CMP=share_btn_fb Wee violins out for the fans at the end, leaving at half time, peepul no longer turning up now that they aren't vastly over powering teams on a fraction of the budget. They had a chance, they didn't learn the lesson and take it. Boo hoo. And no, its not there by the grace of god goes another team as they learn lessons and cut cloth accordingly (well, maybe not Dundee and Livingston). 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted January 18, 2015 Share Posted January 18, 2015 You'll need to defer to Tedi ... that's his specialist subject for Mastermindbating. FTFY (nearly) 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted January 18, 2015 Share Posted January 18, 2015 http://www.theguardian.com/football/2015/jan/18/how-the-mighty-glasgow-rangers-have-fallen?CMP=share_btn_fb Great to read of the rejection felt by a bigoted bumpkin from Wigtown. 0 Quote Link to comment Share on other sites More sharing options...
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