kiddy Posted January 27, 2015 Share Posted January 27, 2015 (edited) Walter says... "I haven't missed the Old Firm game but Scottish Football has. " Cannae do them on my phone, so could someone supply my post with appropriate Smilies please? :lol: Edited January 27, 2015 by kiddy 0 Quote Link to comment Share on other sites More sharing options...
GreenockRover Posted January 27, 2015 Share Posted January 27, 2015 Campbell - Where Are You ? Hiding in a (very) large cupboard. Stewart - Where Are You ? Still reading, and failing to care, about the loan statement. Neil - Where Are You ? Playing with his toys in the same cupboard as Campbell. -1 Quote Link to comment Share on other sites More sharing options...
Double Jack D Posted January 27, 2015 Share Posted January 27, 2015 Aye It's a really tough gig at the moment, there's very little available to argue back with on these pages in the current situation against an overwhelming majority who want to see us finished completely. Just when you think we can't fall any further we somehow do our level best to give you more easy ammunition. Resilience is tested to the core, it would with any football fan. I still firmly believe however we will eventually turn the corner, unite the support and take our club back. It could take another 5 years maybe 10 but I ain't going anywhere in the meantime. The fantastic support at Ibrox on Sunday for Ricksen showed we can still pull together, it's not too late to have a real go at it again. No one's going to do it for us. For as long as this is the case with a significant number of Rangers fans, Mike Ashley or AN other spiv will make money out of your sorry excuse for a football club. The "history" is going to be your downfall. 0 Quote Link to comment Share on other sites More sharing options...
BigBadSaint Posted January 27, 2015 Share Posted January 27, 2015 Trying to make sense of what's happening here ( I know I should just stop here) Rangers are to borrow £10m from Mike Ashley £3m of it to repay current loan to Mike Ashley While Rangers Retail now 75% owned by Mike Ashley declare a dividend of £1.6m which will be used to repay money owed to Sports Direct owned by Mike Ashley. Seems to be a lot of money shuffling 0 Quote Link to comment Share on other sites More sharing options...
Ned Nederlander Posted January 27, 2015 Share Posted January 27, 2015 I still firmly believe however we will eventually turn the corner, unite the support and take our club back. It could take another 5 years maybe 10 but I ain't going anywhere in the meantime. I think most of us realise that at some point there will be a team playing out of Ibrox who will be finishing near, and eventually at, the top of Scottish football and the posturing and swagger from the supporters of that team will blitz the arrogance that the built the levels of Shadenfreude that we're seeing just now. (Some will argue that no matter what 'Rangers' do their 'friends' will ensure that happens.) The irony is, of course,(and I'm sure it's not lost on you) that 'Rangers' could have come out of this absolutely stinking rich, with a young but experienced team ripping up the leagues and providing the foundation of a cracking squad for many many years to come. It's fucking hilarious from the outside that they didn't! This whole saga will haunt the club/company for the rest of it's days though and opposing supporters will gleefully remind you of them - it will never ever really go away 0 Quote Link to comment Share on other sites More sharing options...
MEADOWXI Posted January 27, 2015 Share Posted January 27, 2015 It is hilarious, I will lend you £10M, but only half of that now. Of that £5M you get now you will repay me the £3M you already owe me, So that gives you £2M in bank, and today is payroll day, bank account empty by tomorrow. And I get all the assets and retail income, and my next month you will be begging for the other £5M. He has basically bought total control without buying anything, just lending them more and more and more……….. Mike Ashley is the biggest payday loan shark every. It is masterpiece of spiv business practice that will be taught in classes one day. At what point does the Cockwomble & Co call Them back in and ask, Are you trading as insolvent yet.? There is no way they can possibly show how they can repay this debt, Unless MA offers them a bigger loan and they only have one thing left to secure it against........Ibrox PMSFL 0 Quote Link to comment Share on other sites More sharing options...
SlipperyP Posted January 27, 2015 Share Posted January 27, 2015 borrowing from Peter to pay Paul was the Murray way. Now it borrow from Michael to pay Mike., The jakits at the SPFL & SFA are a bunch of goons, the atrocity of this business should have shut down a few months ago, but since the draw of the League cup, I've seen nothing that would stop this game going ahead, it's the rebirth of Scottish Football as we used to know it........dontcha no!!! Where the real Rangers men when they need it most, counting coppers I believe, while young Ashley is pumping ass. Enjoy the ride. 0 Quote Link to comment Share on other sites More sharing options...
shull Posted January 27, 2015 Share Posted January 27, 2015 Thanks hee hee 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted January 27, 2015 Share Posted January 27, 2015 At what point does the Cockwomble & Co call Them back in and ask, Are you trading as insolvent yet.? Therein lies the rub. I've seen some argue that DeidCo Rangers were technically insolvent during much of Murray's reign. Who else had their hand on the tiller during this time ? Campbell Ogilvie did. So Ogilvie's Law states the following :- "Traded insolvently then, trading insolvently now, always trading insolvently (so long as I'm SFA heidhoncho)" 0 Quote Link to comment Share on other sites More sharing options...
Ya Bezzer! Posted January 27, 2015 Share Posted January 27, 2015 I gave up following this story ages ago so can someone do me a favour? Explain to me how if Mike Ashley is putting all this money into Rangers why its to his benefit if Rangers go under? If he has put millions of pounds in and the fans boycott the club or don't buy merchandise and the club collapses again how does Ashley come out of this in favourable terms? 0 Quote Link to comment Share on other sites More sharing options...
NewBlue Posted January 27, 2015 Share Posted January 27, 2015 (edited) Because the retail contract says Rangers have to pay for unsold stock, so he gets paid either way. He also now holds security over most assets meaning if they do default he owns everything of value associated with TRFC. Edited January 27, 2015 by NewBlue 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted January 27, 2015 Share Posted January 27, 2015 I gave up following this story ages ago so can someone do me a favour? Explain to me how if Mike Ashley is putting all this money into Rangers why its to his benefit if Rangers go under? If he has put millions of pounds in and the fans boycott the club or don't buy merchandise and the club collapses again how does Ashley come out of this in favourable terms? http://en.wikipedia.org/wiki/Vulture_capitalist 0 Quote Link to comment Share on other sites More sharing options...
Karpaty Posted January 27, 2015 Share Posted January 27, 2015 So after Ashleys £3m loans from before and this months bills are paid (ie, now), the up front £5m is gone. When's the other £5m coming into play? Ashley couldn't be arsed talking to the SPFA for charges, gets it postponed and a day later loans Rangers another £10m, taking everything as assets apart from the stadium. The SPFA have allowed this. Think it's time the rest of the Scottish clubs got together because that's an disgrace. Anarchy. Might as well have no rules. 0 Quote Link to comment Share on other sites More sharing options...
Tio Pepe Posted January 27, 2015 Share Posted January 27, 2015 I gave up following this story ages ago so can someone do me a favour? Explain to me how if Mike Ashley is putting all this money into Rangers why its to his benefit if Rangers go under? If he has put millions of pounds in and the fans boycott the club or don't buy merchandise and the club collapses again how does Ashley come out of this in favourable terms? Because he has a charge over assets. They will be sold to meet the obligations to Ashley. 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted January 27, 2015 Share Posted January 27, 2015 He was after the trademarks, retail, training ground and only has to add one more physical asset to get the full 'big' house. All for 8.9% of the shares. 0 Quote Link to comment Share on other sites More sharing options...
RedRob72 Posted January 27, 2015 Share Posted January 27, 2015 I think most of us realise that at some point there will be a team playing out of Ibrox who will be finishing near, and eventually at, the top of Scottish football and the posturing and swagger from the supporters of that team will blitz the arrogance that the built the levels of Shadenfreude that we're seeing just now. (Some will argue that no matter what 'Rangers' do their 'friends' will ensure that happens.) The irony is, of course,(and I'm sure it's not lost on you) that 'Rangers' could have come out of this absolutely stinking rich, with a young but experienced team ripping up the leagues and providing the foundation of a cracking squad for many many years to come. It's fucking hilarious from the outside that they didn't! This whole saga will haunt the club/company for the rest of it's days though and opposing supporters will gleefully remind you of them - it will never ever really go away I think we have more pressing concerns at present that what opposing supporters will be chanting over the coming years. What's happened is gone now, why waste effort on something we cannot change. The whole new/dead/history etc.. argument seems more of a priority for our detractors. Let them get on with it. I've never once sat in the pub and said 'right lads are we sure we're still the same club eh'? or ' do you remember the first double winning year of 1928'? As you say, its setting the foundations again and building from there. I and thousands of other Bears would be happy to do just that and rid the club from those that are damaging the prospects of our future the most. 0 Quote Link to comment Share on other sites More sharing options...
Thistle_do_nicely Posted January 27, 2015 Share Posted January 27, 2015 (edited) Sure I've posted this before in here. Still as relevant. Bart - Rangers fans (or Mike Ashley, I suppose, depending on how you look at it) Barts frog - Rangers Barts disgusting abomination that he creates, begging for the sweet release of death - Rangers* edit: to carry it further - I guess Lisa is Ann Budge... Edited January 27, 2015 by Thistle_do_nicely 0 Quote Link to comment Share on other sites More sharing options...
Florentine_Pogen Posted January 27, 2015 Share Posted January 27, 2015 I think we have more pressing concerns at present that what opposing supporters will be chanting over the coming years. What's happened is gone now, why waste effort on something we cannot change. The whole new/dead/history etc.. argument seems more of a priority for our detractors. Let them get on with it. I've never once sat in the pub and said 'right lads are we sure we're still the same club eh'? or ' do you remember the first double winning year of 1928'? As you say, its setting the foundations again and building from there. I and thousands of other Bears would be happy to do just that and rid the club from those that are damaging the prospects of our future the most. 20/20 hindsight is a wonderful thing. 0 Quote Link to comment Share on other sites More sharing options...
RedRob72 Posted January 27, 2015 Share Posted January 27, 2015 20/20 hindsight is a wonderful thing. Aye its nearly as easy as stating the obvious eh!? 0 Quote Link to comment Share on other sites More sharing options...
Rod Posted January 27, 2015 Share Posted January 27, 2015 Sure I've posted this before in here. Still as relevant. Bart - Rangers fans (or Mike Ashley, I suppose, depending on how you look at it) Barts disgusting abomination that he creates, begging for the sweet release of death - Rangers* You used a post-series 9 Simpsons quote. Your point is invalid. Amirite? 0 Quote Link to comment Share on other sites More sharing options...
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