shull Posted January 27, 2015 Share Posted January 27, 2015 King Kenny doesn't agree with you! He loves his hoose windaes. 0 Quote Link to comment Share on other sites More sharing options...
1320Lichtie Posted January 27, 2015 Share Posted January 27, 2015 Why. The. f**k. Did. Sevco. Not. Accept. Sarvers. Bid. Pyoooor mongos mun. 0 Quote Link to comment Share on other sites More sharing options...
shull Posted January 27, 2015 Share Posted January 27, 2015 Nice wee dig at the fans in there as well. Noticed that, GET IT RIGHT UP THEM 0 Quote Link to comment Share on other sites More sharing options...
Kyle Posted January 27, 2015 Share Posted January 27, 2015 So Ashley now has fixed securities over all the properties apart from Ibrox (which he has a floatiing charge over anyway), 65% of Rangers Retails, the shirt sponsorship AND two directors of his own choice, making his decisions for him, on the board? He's sewing this up quite nicely. 0 Quote Link to comment Share on other sites More sharing options...
shull Posted January 27, 2015 Share Posted January 27, 2015 Soon to be .......... THE NEWCUNTO F.C. ( DECEASED ) 0 Quote Link to comment Share on other sites More sharing options...
P45 Posted January 27, 2015 Share Posted January 27, 2015 I thought the 3 bears would have been in there offering his millions up for sacrifice so they didn't need to take Ashley's money. 0 Quote Link to comment Share on other sites More sharing options...
pozbaird Posted January 27, 2015 Author Share Posted January 27, 2015 Soon to be .......... THE NEWCUNTO F.C. ( DECEASED ) The Sports Direct Works XI.... For sure. 0 Quote Link to comment Share on other sites More sharing options...
Marshmallo Posted January 27, 2015 Share Posted January 27, 2015 Just sitting reading 'Ashley loans The Rangers 10 million, some of which will be used to repay a previous loan given by Ashley' is absurd, obscene, and a complete embarrassment. Seriously, what the fcuk? Can you imagine asking a mate for a loan of fifty quid, then a month later, when the situation is awkward as you never repaid it - instead of going up to him, apologising, and handing him the fifty quid, you say 'any chance of lending me a hundred quid so I can pay you back the fifty I owe you? Cheers mate! Seriously fcuked in the head. Technically I think this loan is Sports Direct, the last one was from Ashley personally, but I'm not sure. Loans from different companies/sources with the same owner, where have I heard that before... 0 Quote Link to comment Share on other sites More sharing options...
Double Jack D Posted January 27, 2015 Share Posted January 27, 2015 As usual we can only guess at the intentions of Mike Ashley and Sports Direct. However, despite the loan, there is very little to suggest that the club is moving forward in any shape or form. So, initially there is a £5million tranch secured against pretty much everything apart from Ibrox and has drastically increased Ashleys grip on the retail arm. That'll pay back the initial loan and probably cover the bills for another month. The bottom line is that if Dave King and the three bears want control of Rangers then the amount of up front cash required to take it from Ashley just increased drastically. Failure to get promoted, an incredible but increasingly likely possibility, could be the final nail. 0 Quote Link to comment Share on other sites More sharing options...
AberdeenBud Posted January 27, 2015 Share Posted January 27, 2015 That initial 5 mill is pretty much gone already then? 0 Quote Link to comment Share on other sites More sharing options...
Michael W Posted January 27, 2015 Share Posted January 27, 2015 I don't even think Ashley himself thought it would be this easy. He has the club where he wants them, and I doubt it'll be long before something gives and he makes his move. They should've taken that American boy's money when it was there. 0 Quote Link to comment Share on other sites More sharing options...
pozbaird Posted January 27, 2015 Author Share Posted January 27, 2015 Technically I think this loan is Sports Direct, the last one was from Ashley personally, but I'm not sure. Loans from different companies/sources with the same owner, where have I heard that before... Ah, right. So it's like going to a mate, asking for a loan of fifty quid, which he gives you from his current account, then a month later, instead of paying it back, you ask him for a loan of a hundred quid - but you want him to use his joint account with the missus'. Makes sense now. 0 Quote Link to comment Share on other sites More sharing options...
Doink Posted January 27, 2015 Share Posted January 27, 2015 .No. This is working out just fine 0 Quote Link to comment Share on other sites More sharing options...
Ken Fitlike Posted January 27, 2015 Share Posted January 27, 2015 2 months down the line Ashley will 'loan' Rangers £20 million so they can pay back his £10 million 'loan' and so it continues. Seriously, why are the SFA / SPFL / all the other clubs tolerating this nonsense? (Just in the interests of Sporting Integrity and that) 0 Quote Link to comment Share on other sites More sharing options...
Sting777 Posted January 27, 2015 Share Posted January 27, 2015 Wee Lenney doesn't. Your turn. Jim Traynor does...lol 0 Quote Link to comment Share on other sites More sharing options...
P45 Posted January 27, 2015 Share Posted January 27, 2015 Ashley pocketing every piece of revenue for himself and loaning Rangers money for ever more is OK as long as he doesn't own the big hoose. 0 Quote Link to comment Share on other sites More sharing options...
Tio Pepe Posted January 27, 2015 Share Posted January 27, 2015 27 January 2015 Rangers International Football Club plc ("Rangers" or the "Company") £10m Credit Facility and associated transfer of 26% of Rangers Retail Limited The Board of Rangers announces that Rangers Football Club Limited ("the Club") has entered in to agreements with SportsDirect.com Retail Limited and associated companies ("SD"), to provide a long term on-going credit facility of up to £10m (the "Facility"). ............ Rangers International Football Club plc Tel: 0141 580 8647 David Somers WH Ireland Limited Tel: 020 7220 1666 Adrian Hadden / Paul Shackleton Newgate Threadneedle Tel: 020 7148 6143 Roddy Watt / Ed Treadwell So an admission that the club is a company. Incorporated as Sevco Scotland Limited on 29/05/12, changed name to current name on 31/7/12. So much for 140 year, going strong, same club, etc. 0 Quote Link to comment Share on other sites More sharing options...
Stag Nation Posted January 27, 2015 Share Posted January 27, 2015 This loan solves the immediate problem, but what about the long-term strategy? Oh yes, it's "allowing the Company time to arrange permanent capital which can be used for strengthening the playing squad." So another share issue, This time you'll be asked to "invest" in buying players for a second-tier team with no manager, no scouting network, and a dismal record of financial mis-management. Don't all rush at once. 0 Quote Link to comment Share on other sites More sharing options...
Sting777 Posted January 27, 2015 Share Posted January 27, 2015 Cashley is playing a blinder here. The 3 gummy bears and The King are gonna have to dig very deep to get control now 0 Quote Link to comment Share on other sites More sharing options...
pozbaird Posted January 27, 2015 Author Share Posted January 27, 2015 Seems to me the fans of Sevco Scotland - the club, the company, the holding company, the ethereal entity that cannot die, even if a stake was plunged through its' heart weilded by Christopher Lee reeking of garlic and wearing a sellik' tap'.... have had a problem. That problem was where to focus all their anger and frustration. Sir Minty? Sir Craigie of Whyte? Charlie 'hospital bed' Green? The Krays? The spivs in general? The SFA? The rest of Scottish football? It also seems they want Ashley to fcuk - surely now they can get together, the Sons of Struth, The Blue Order, the myriad of groups - and organise a complete across the board boycott of buying The Sevco merchandise, and a general boycott of buying their trainers and shellsuits from Sports Direct? It will be tough for them to go cold turkey without that cheap polyester fix, but if they dig deep, they can do it. Sports Direct guys - hit em' hard. Do it. Now. 0 Quote Link to comment Share on other sites More sharing options...
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