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Big Rangers Administration/Liquidation Thread - All chat here!


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Basically Fat Mikes is saying 'I want to rape Rangers, but I want to do it quietly, I think someone from Rangers leaked details of my dodgy contract and my evidence is the Daily Record'

Does that about cover it?

Guilty as charged, now, whats for lunch.

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keith jackson ‏@tedermeatballs 1 min1 minute ago

I notice Sports Direct have not challenged the accuracy of my 'seven year notice period' story. Wonder why they wanted it kept hush-hush?

Look at the state of Wacko. Boasting his story was accurate, further condemning the source who leaked confidential information. Maybe they wanted it kept hush hush because its a confidential agreement Keith, you fckin spanner...

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Yep that is why he has 5 lawyers turning up at court and producing a Daily Record as evidence.

Pretty strong evidence to provide if the accusation is that confidential information was leaked to the press. It would be foolish to not submit evidence, surely?

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I wouldn't be surprised if somehow King manages to scrape the dough together or the outcome provides a clarified repayment structure. What it all really hinges on is how much Ashley wants to tighten the screws. It has been suggested elsewhere that he's not overjoyed at his boys being put off the board, but he's not known for any great sentimentality when it comes to business but more for using his ample resources to shift prevailing circumstances entirely into his favour. I think therefore a winding up order would be fairly unlikely, given that he could be going for the cash grab instead. Then again, if he succeeds, regaining his £5m doesn't represent a great win for him either, more meaning that he gets out without any great loss.

Fascinating stuff really; the next 48 hours are likely to be very interesting indeed and will expose Big Mike's motives along with a lot of what GASL has been/not been up to.

Don't forget that Ashley is down another ~£3-5 million in the value of his 8% holding in the PLC (now no longer publicly listed) He'll be wanting to get something more than 2p per share for that. So I'm guessing he'll be going for the full asset strip via admin. Remember Ibrox is only think not secured

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Pretty strong evidence to provide if the accusation is that confidential information was leaked to the press. It would be foolish to not submit evidence, surely?

The new board haven't made it shy the love in they've had with the DR

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Fat Mikes lawyers now quoting posts from Rangers Media.........

How much is he paying these guys? minimum wage on zero hour contracts?

Must be more than the sevco lawyer as Sports Direct just won and have been granted an injunction

;)

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Counsel for Sports Direct thanks judge for her decision, asks for legal costs to be paid by RFC




SD applying for costs. Judge says that the total asked for is "extraordinary"



Go on son, rape away :)


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