Jump to content

Big Rangers Administration/Liquidation Thread - All chat here!


Recommended Posts

Billionaire Mike Ashley’s just made himself even more money as MASH profits more than double to £542.6million

FIGURES released for the financial year up to April 30, 2014 show the Rangers shareholder and Newcastle owner’s cash pile rocket from £256.4m.

MIKE ASHLEY’S company MASH Holding’s pre-tax profits have more than doubled to £542.6million, it can be revealed.

Figures released for the financial year up to April 30, 2014 show the Rangers shareholder and Newcastle owner’s cash pile rocket from £256.4m.

And they show he made £3,843,000 from Rangers retail alone in that time.

It’s the second successive year the Sports Direct billionaire’s profit has more than doubled.

The previous year had seen it rise from £130.6m up to £256.4m. Ashley is disliked by Newcastle supporters as much as he is at Ibrox.

He further enraged Rangers supporters when it was revealed last week he now owns the club’s crest and badges.

The new Rangers regime will have to repay the £5m loan he lent them to gain control of the intellectual property rights.Ashley’s Sports Direct empire also own 75 per cent of all Rangers retail.

He has a 100 per cent shareholding in MASH.

http://www.dailyrecord.co.uk/sport/football/football-news/billionaire-mike-ashleys-just-made-5518330

Is Ashley deliberately screwing Rangers just for the giggles? Fantastic if he was......

Link to comment
Share on other sites

Weren't the same people saying we should be backing Mike Ashley the same people who a few months ago were mocking the fact he was involved with Rangers ?

I'm happy to include myself in that group. Care to explain why you feel one should preclude the other?

Link to comment
Share on other sites

Weren't the same people saying we should be backing Mike Ashley the same people who a few months ago were mocking the fact he was involved with Rangers ?

You seem confused.

All you need to know is that the good guys have won!

Rejoice!

:lol:

Link to comment
Share on other sites

Weren't the same people saying we should be backing Mike Ashley the same people who a few months ago were mocking the fact he was involved with Rangers ?

I know. You poor fucks can't win. Everyone is screwing you over. It is just the degree of screwing which varies by board of directors.

Funny as f**k.

Link to comment
Share on other sites

I know. You poor fucks can't win. Everyone is screwing you over. It is just the degree of screwing which varies by board of directors.

Funny as f**k.

This. Only made funnier by the fact that nobody, but nobody, could have seen any of this coming. If only someone had warned them...

Link to comment
Share on other sites

Weren't the same people saying we should be backing Mike Ashley the same people who a few months ago were mocking the fact he was involved with Rangers ?

I'm pretty sure that when Ashley appeared to be on the threshold of taking control I described it as good news for Rangers fans.

Not because he's a particularly great guy or that any of the others are particularly bad but because it would put control of the business and control of the debt and control of the bulk of the revenue in a single place.

Edited by topcat(The most tip top)
Link to comment
Share on other sites

Weren't the same people saying we should be backing Mike Ashley the same people who a few months ago were mocking the fact he was involved with Rangers ?

Forever_Blowing_It

are you trying to do one-up-manship by saying we are in some way wrong?

and do you regard your snippy comment as some sort of victory over the p&d's?

I would not have wanted Ashley anywhere near my club.

I would not want Dave King anywhere near my club.

Ashley has you by the nadgers, but the Good Rainjurs Men have gone out of their way to irritate him.

Your Clubs (old and new) and the current Companyies ( is the club and company which is owned by a holding company? I'm getting dizzy) are probably the most mock worthy institutions on Planet Earth.

Face it - 'Rangers' are f****ed no matter how it plays. days, weeks and months of incredible mirth ahead. At your expense. Glorious.

I hope they win tonight though. I've put them on my accumulator

Link to comment
Share on other sites

I'm pretty sure that when Ashley appeared to be on the threshold of taking control I described it as good news for Rangers fans.

Not because he's a particularly great guy or that any of the others are particularly bad but because it would put control of the business and control of the debt and control of the bulk of the revenue in a single place.

No just certain posters seemed to be portraying Ashley as the devil a few months ago but now he is all of a sudden the best thing that could have happened to us . I have never really been on side of any of the boards , I still think sarver was the best offer we had recently

Link to comment
Share on other sites

No just certain posters seemed to be portraying Ashley as the devil a few months ago but now he is all of a sudden the best thing that could have happened to us . I have never really been on side of any of the boards , I still think sarver was the best offer we had recently

I think you misunderstand (but it might be me). People were saying Ashley would be bad for rangers fans (not the company) because he's not going to fund an assault on the champions league but rather make sevco into a going concern that could actually make money for him. It was inferred rangers fans need to be billy big baws and since Ashley would probably turn sevco round by cutting costs this would cause the orc hordes to desert in droves.

It is only when measured up next to King and co that Ashley looks good for the fans. Sarver was probably the best offer as you say.

Link to comment
Share on other sites

I consistently saw Ashley as a better bet for Rangers.

Of course he didn't give a shit about the club and was interested only in income streams he could secure. The point is though that it was in his business interests for Rangers to consolidate and ultimately prosper. He had no plans to throw money about and progress was likely to be gradual.

With King, I've always seen a greater chance of short term success if he's as willing as he claims, to throw money around. He's an extremely volatile character however, and the risk of things going terribly wrong is surely greater.

If it was my team, I wouldn't be keen on either option, but would favour the first one.

If my team had been through what Rangers have, I'd definitely not want anything to do with King.

Edited by Monkey Tennis
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...