Gaz FFC Posted June 3, 2015 Share Posted June 3, 2015 I suppose it sets up Sports Direct as the bad guy for the Sevconians to hate. Didn't you see them all going in the stores wi their pounds and trying to purchase more expensive items? They already see SD as the enemy. 0 Quote Link to comment Share on other sites More sharing options...
GreenockRover Posted June 3, 2015 Share Posted June 3, 2015 "Senior Queens Counsel..." Ahhh, more of the Old Guard...? 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted June 3, 2015 Share Posted June 3, 2015 Didn't you see them all going in the stores wi their pounds and trying to purchase more expensive items? They already see SD as the enemy. Aye but they're as thick as cement. They need constant reminders of who the good/bad guys are and whose fault it is that they're not winning stuff any more. 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted June 3, 2015 Share Posted June 3, 2015 Aye but they're as thick as cement. They need constant reminders of who the good/bad guys are and whose fault it is that they're not winning stuff any more. They've got a list as long as their arm of enemies, I'm no even sure Sellick are on there anymore. 0 Quote Link to comment Share on other sites More sharing options...
WaffenThinMint Posted June 3, 2015 Share Posted June 3, 2015 http://www.bbc.co.uk/sport/0/football/33001278 "The directors do not consider that, at this time, the repayment of £5m to Sports Direct is the best use of the company's resources," Same old Orcs, same old hubris. They refuse to pay, Ashley can simply go to court to instigate bankruptcy proceedings against Rangers - routine business practice over someone refusing to pay a bill. Rangers will then have to either:- 1. stump up to stop the case (which I doubt they've the money to do so with) 2. go into administration yet again to protect themselves, start the next season minus fifteen points, & can kiss goodbye to making the play offs, let alone winning the Championship - an event which would cast serious doubt on them getting back into the Premiership for a long time to come, if at all, as their remaining fans will desert in droves for glorying hunting pastures new, and no one with serious money will want to invest a penny in such a basket case. 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted June 3, 2015 Share Posted June 3, 2015 Gav and nsr chatting away about their Big Team interspersed with a gif GreenockRover. Just another day on The BRALT 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted June 3, 2015 Share Posted June 3, 2015 They've got a list as long as their arm of enemies, I'm no even sure Sellick are on there anymore. If it were a video game, Celtic would be the final boss, the ultimate enemy but one they have no hope of defeating any time soon. 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted June 3, 2015 Share Posted June 3, 2015 Could Ashley put a freeze on Gers accounts like the Imran Fella tried to do last year? 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted June 3, 2015 Share Posted June 3, 2015 Gav and nsr chatting away about their Big Team interspersed with a gif GreenockRover. Just another day on The BRALT Join in Kinky. We aren't too snobby to ignore you. 0 Quote Link to comment Share on other sites More sharing options...
Thumper Posted June 3, 2015 Share Posted June 3, 2015 If it were a video game, Celtic would be the final boss, the ultimate enemy but one they have no hope of defeating any time soon. Celtic are Player 2. If there is ever a genuine risk of there not being a "Rangers" any more, not even a tribute act, the Green Brigade will put the money up themselves. 0 Quote Link to comment Share on other sites More sharing options...
Thumper Posted June 3, 2015 Share Posted June 3, 2015 Could Ashley put a freeze on Gers accounts like the Imran Fella tried to do last year? That was over allegedly unpaid wages. There would have been a contractual obligation to pay them. This loan explicitly doesn't include a repayment schedule. It's not obvious that Ashley could even act on his holding interests such as Murray Park, unless it was obvious that the club was not capable of paying him back. As in another administration, as opposed to King simply saying he doesn't want to. Of course it's entirely possible, and indeed quite likely, that the current board doesn't have £5m to pay back. But that will need to come out some other way, such as through a winding-up order. 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted June 3, 2015 Share Posted June 3, 2015 Celtic are Player 2. If there is ever a genuine risk of there not being a "Rangers" any more, not even a tribute act, the Green Brigade will put the money up themselves. Indeed. I meant from the Sevconians' perma-deluded point of view. 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted June 3, 2015 Share Posted June 3, 2015 That was over allegedly unpaid wages. There would have been a contractual obligation to pay them. This loan explicitly doesn't include a repayment schedule. It's not obvious that Ashley could even act on his holding interests such as Murray Park, unless it was obvious that the club was not capable of paying him back. As in another administration, as opposed to King simply saying he doesn't want to. Of course it's entirely possible, and indeed quite likely, that the current board doesn't have £5m to pay back. But that will need to come out some other way, such as through a winding-up order. How the hell does this work for Mike then? He's basically signed a loan of £5M and no repayment date? That sounds way too stupid for a man of his calibre. He's up to something 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted June 3, 2015 Share Posted June 3, 2015 Do you only post about other people posting(laughing) about Rang2rs? No. I have a hefty wager, though, that you post more about Rangers than I do! 0 Quote Link to comment Share on other sites More sharing options...
Kilbowie's Finest Posted June 3, 2015 Share Posted June 3, 2015 http://www.bbc.co.uk/sport/0/football/33001278 "The directors do not consider that, at this time, the repayment of £5m to Sports Direct is the best use of the company's resources," Same old Orcs, same old hubris. They refuse to pay, Ashley can simply go to court to instigate bankruptcy proceedings against Rangers - routine business practice over someone refusing to pay a bill. Rangers will then have to either:- 1. stump up to stop the case (which I doubt they've the money to do so with) 2. go into administration yet again to protect themselves, start the next season minus fifteen points, & can kiss goodbye to making the play offs, let alone winning the Championship - an event which would cast serious doubt on them getting back into the Premiership for a long time to come, if at all, as their remaining fans will desert in droves for glorying hunting pastures new, and no one with serious money will want to invest a penny in such a basket case. 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted June 3, 2015 Share Posted June 3, 2015 I post very little about Rangers. The Rangers, on the other hand... 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted June 3, 2015 Share Posted June 3, 2015 Join in Kinky. We aren't too snobby to ignore you. Always happy to chat to you, Gav. You ken this. 0 Quote Link to comment Share on other sites More sharing options...
Thumper Posted June 3, 2015 Share Posted June 3, 2015 How the hell does this work for Mike then? He's basically signed a loan of £5M and no repayment date? That sounds way too stupid for a man of his calibre. He's up to something That's the general consensus. None of us mere mortals have figured out quite what it is though. As-is, the shareholders seem quite entitled simply to vote down any notion of repayment, though of course this means Ashley retains his increased holding of the retail wing (and I wouldn't be surprised if selling raging bigots t-shirts with "KING BILLY" custom printed on the back weren't a far more reliable revenue generator than the XI right now). 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 3, 2015 Share Posted June 3, 2015 How the hell does this work for Mike then? He's basically signed a loan of £5M and no repayment date? That sounds way too stupid for a man of his calibre. He's up to something Tis a puzzler, all day can I think of is that unky mike got too cocky and never considered that his placemen would lose control of the boardroom. "Senior Queens Counsel..." Ahhh, more of the Old Guard...? Where at thou HB QC? 0 Quote Link to comment Share on other sites More sharing options...
cyderspaceman Posted June 3, 2015 Share Posted June 3, 2015 They're going round in circles on orcmeeja about the EGM resolutions. Can't blame them, there isn't enough clear information on which to base an opinion. It's going to be messy and who would want to be manager of a club, sorry, company, no, no, club, in this position? 0 Quote Link to comment Share on other sites More sharing options...
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