beermonkey Posted March 7, 2015 Share Posted March 7, 2015 Have they won the champions league yet ? 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted March 7, 2015 Share Posted March 7, 2015 I listened to Paul Murray's interview on Sportsound earlier. Utterly delusional and clearly he's learned nothing from the last few years. Rangers will be back challenging Celtic in 2 years, Rangers are the biggest club in Scotland and need to lead the way on Scottish football, the standard of the Premiership is lower since Rangers declined (possibly because there is one less team spending money on players they can't afford) were amongst some of his claims. His generation of Rangers fans will never change, they've been brainwashed to believe this nonsense. However I suppose they have little choice but to believe him, the alternatives are even worse. I'm sure that I've read a post very similar to this recently.... 0 Quote Link to comment Share on other sites More sharing options...
Pete's Frontier Posted March 7, 2015 Share Posted March 7, 2015 Murray is a complete tool, no different to the average orc in that regard, but it sounds to me he hasn't yet grasped the reality of a loss making business with no credit line and a delisting approaching. This is aside from the fact The Sevco is a barely floating wreck, holed below decks in more places than he and his Lying King can ever hope to plug. The fact King does not want to immediately settle with Ashley tells you all you need to know. The enterprise is heading for liquidation. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted March 7, 2015 Share Posted March 7, 2015 Out of interest why would they 'settle' with Ashley before they've had a chance to look things over and find what the deals and contracts are? 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted March 7, 2015 Share Posted March 7, 2015 If there's anything linking Murray with anything criminal then I'd like to see him dragged through the courts and banged up. I genuinely think the authorities are actually after him NOT Whyte. 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted March 7, 2015 Share Posted March 7, 2015 Cows and Beef 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted March 7, 2015 Share Posted March 7, 2015 (edited) Cowdrawnbeath Edited March 7, 2015 by THE KING 0 Quote Link to comment Share on other sites More sharing options...
Pete's Frontier Posted March 7, 2015 Share Posted March 7, 2015 Out of interest why would they 'settle' with Ashley before they've had a chance to look things over and find what the deals and contracts are? It's a secured loan with the terms in the public domain. If he doesn't put up the £10m to remove Ashley as a creditor soon it tells you there are serious holes below decks and he thinks he could get the same assets Mike has secured from an administrator - his original plan. Certainly he will not act in the interests of the stock holders should it become obvious we're looking at a write off. 0 Quote Link to comment Share on other sites More sharing options...
Pete's Frontier Posted March 7, 2015 Share Posted March 7, 2015 (edited) King has to appoint a nomad, settle with Ashley, sort out Ashleys contracts, appoint a new manager, tackle the finances, sort out the playing squad, sort out the coaching staff, repair the stadium, get sweet with the SFA. All in 24 hours, or he is a complete failure. If I was an orc I'd expect Ashley not to be a creditor at least by week two. Looks like King will ride to the end of the season end on the Ashley loan given his pronouncements on it. Edited March 7, 2015 by Pete's Frontier 0 Quote Link to comment Share on other sites More sharing options...
aDONisSheep Posted March 7, 2015 Share Posted March 7, 2015 King has to appoint a nomad, settle with Ashley, sort out Ashleys contracts, appoint a new manager, tackle the finances, sort out the playing squad, sort out the coaching staff, repair the stadium, get sweet with the SFA. All in 24 hours, or he is a complete failure. Don't be too hard on him. After all it took him about 8 years to admit he was crook, even though he knew he was a crook from day one. Yours aDONis 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted March 7, 2015 Share Posted March 7, 2015 It's a secured loan with the terms in the public domain. If he doesn't put up the £10m to remove Ashley as a creditor soon it tells you there are serious holes below decks and he thinks he could get the same assets Mike has secured from an administrator - his original plan. Certainly he will not act in the interests of the stock holders should it become obvious we're looking at a write off. £10m eh? So Rangers have recieved the 2nd £5m then? You seem to know an awful lot about this, I suggest you show a little patience. -1 Quote Link to comment Share on other sites More sharing options...
~~~ Posted March 7, 2015 Share Posted March 7, 2015 I genuinely think the authorities are actually after him NOT Whyte. If it's Murray they are after and he is found guilty of dodgy dealings. I wonder if it is fair to say everything achieved under Murray would be considered "tainted" 0 Quote Link to comment Share on other sites More sharing options...
Jamaldo Posted March 7, 2015 Share Posted March 7, 2015 It will be funny when this lot now in charge turn out to be crooked b*****ds as well. 0 Quote Link to comment Share on other sites More sharing options...
accietilleyedye Posted March 7, 2015 Share Posted March 7, 2015 To be fair the loan is interest free and had some onerous terms, some of which have already been enacted (the dividend), some of which still could be enacted but the board can control those elements and pay off the loan when it suits them. For example the 26% of share capital can be transferred back for zero cost whenever the board pay off the loan. There is no specified payment period for the loan. The security over the assets is costing the club nothing. Shirt sponsorship proceeds only go to SD for the 2017/18 season if the loan has not been paid off but that effectively means they could delay that all the way up to 2018, pay off the loan and not have to pay a penny. What is hidden and probably still onerous is the details of the retail contract but apart from the temporary transfer of 26% of RRL none of that is attached to this loan. So what circumstances do you think, would cause Sports Direct to call in their loan , as you appear to think that they will be happy for it to remain in place till 2018 , out of the goodness of their heart ? -1 Quote Link to comment Share on other sites More sharing options...
THE KING Posted March 7, 2015 Share Posted March 7, 2015 King has to appoint a nomad, settle with Ashley, sort out Ashleys contracts, appoint a new manager, tackle the finances, sort out the playing squad, sort out the coaching staff, repair the stadium, get sweet with the SFA. All in 24 hours, or he is a complete failure. He had 10 years as a director to sort of finances. 0 Quote Link to comment Share on other sites More sharing options...
sjc Posted March 7, 2015 Share Posted March 7, 2015 If it's Murray they are after and he is found guilty of dodgy dealings. I wonder if it is fair to say everything achieved under Murray would be considered "tainted" I dare say only you Rico & Celtic fans will give a fcuk. *except Aberdeen in 91,93 & 94 as well as Hearts in 92.... 0 Quote Link to comment Share on other sites More sharing options...
No8. Posted March 7, 2015 Share Posted March 7, 2015 That blogger had an article in The Belfast Telegraph. Wtf were they thinking!!! Nice to see The Belfast Telegraph have issued a response after complaints about the failed social worker..... "Much like the Scottish Sun, we had no prior knowledge of the author. The piece was used on a one-off basis and in the light of the information provided, it's highly unlikely there will be a two-off. If we'd known then what we know now says it all". - See more at: https://www.therst.co.uk/news/belfast-telegraph-respond-to-rst-complaint/#.VPtI0TowH6Y.twitter 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted March 7, 2015 Share Posted March 7, 2015 Phil got the orcs foaming at the mouth again ...nice. 0 Quote Link to comment Share on other sites More sharing options...
youngsy Posted March 7, 2015 Share Posted March 7, 2015 Phil got the orcs foaming at the mouth again ...nice. No son, Phil has got Rangers fans laughing at him as once again he's been shown up to be the bigoted gobshite that he's always been from when he grew up in Rutherglen. Although other gobshites, like you and Dhenbhoy take in every word that he spouts as gospel. 0 Quote Link to comment Share on other sites More sharing options...
FinnesTON Posted March 8, 2015 Share Posted March 8, 2015 That would be up to sports direct, the board have said the money is there to repay it. My point was that for Rangers and Rangers fans as it stand there is no point in paying off an interest free loan with no discernible penalties if they do not have to. So you think Ashley will stand back and let you rip up the contracts you don't like but let you keep the money you need to keep going. Now does Mike Ashley look as though he has any sentimentality towards Sevco. He got involved to make money from you not to treat you like some basket case. 0 Quote Link to comment Share on other sites More sharing options...
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