Jump to content

Big Rangers Administration/Liquidation Thread - All chat here!


Recommended Posts

Nominated not yet appointed then?

Dave has 3 Mike has 2...do the maths.

3 have how much money available , 2 are there to control,what can be assumed to the full £10 million owed and look after the contracts that you tell us Dave is taking time out on Monday to look at :1eye

Man Math it is never as simple as adding up numbers, no matter what you wish for :rolleyes:

Link to comment
Share on other sites

Dunno, ask them.

Boards vote, Mikes guys will just be outvoted, they are in control of nothing.

Again you have the inside track, you know how the votes going down before an issue has even been tabled , you know with your help I believe The Rangers can make it this time :1eye

Link to comment
Share on other sites

Tell us then, what part are they about to breach.

Removing their control over the money lent to Rangers by Sports Direct, because according to you they have no control , I am sure that will be part of the conditions of the loan that they get to oversee where the money gets spent. Wouldn't want it finding it's way into SARS sorry some spivs pocket. :lol:

Link to comment
Share on other sites

That's what I was wondering, if they are removed then wouldn't that breach whatever agreement they had when the loan was made? Or will King have to allow another two to take their place?

I imagine its a case of either "appoint who we want or we take back the £10m". The fact Dave King himself admits he hasn't bothered to check out what the loan entails is the interesting part.

Link to comment
Share on other sites

Two takes from today that I found amusing and a question that I am pondering...

1) the old board were slammed for housing AGM people in the "away end" but King wasn't, Bears I fear for you as I doubt he is the messiah you are looking for!

2) If the club goes into admin to resolve (or absolve) it's debt, would they be an old club or new club in that event?

Link to comment
Share on other sites

You are sure :lol:

Do you think Sports Direct give out money without having control on where it goes, does your inside track sorry salad tell you they hand it over with no conditions on how it is used and who makes those decisions on how it gets used :thumsup2

Link to comment
Share on other sites

why is he not asking for his loan back then, his guys have just been booted out of the front door.

^^^ Thinks he's cleverer than Ashley :lol: ^^^ but is missing a question mark.............

No point doing it too quickly. Much more enjoyable to bleed the club/company/whatever slowly.

Link to comment
Share on other sites

You tell me..

Shouldn't you be telling us why Secvo fans are celebrating the "return" of a man who sat on the board of the old club during years of financial mismanagement, administration and liquidation?

I really can't get my head around why some see this is a good thing. He did allow the old club to go to the wall despite his vast wealth after all

Link to comment
Share on other sites

Dave King chose to kick them out of the front door.

Without ever reading the terms of the loan. At the moment of "kicking them out the door", he had literally no idea what the outcome of the that was going to be. He seems to be presuming its a case of "do what we want or we take our money back", and reckons they can cope without Ashleys millions, it could easily be a non-negotiable "we put whoever we want on the board, and the board can't reject them". We don't know, and Dave King doesn't know, only Ashley knows.

Link to comment
Share on other sites

The loan agreement said nominate...nothing about appoint.

And you know it said nothing else , did your salad oops inside track tell you , is this the kind of hard fact that Standfree03 has been missing for you to answer his questions :1eye

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...