bennett Posted June 4, 2015 Share Posted June 4, 2015 Why would a 14% shareholder promise to put in £30m of his own money? Why do you think he'd do that? 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted June 4, 2015 Share Posted June 4, 2015 Stop talking sense you.......it takes all the fun out of it. Sorry Tick Tock Are the Deid yet? I hate proddies! Is that better 0 Quote Link to comment Share on other sites More sharing options...
~~~ Posted June 4, 2015 Share Posted June 4, 2015 Why do you think he'd do that? Put the money in or make promises he won't keep? 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted June 4, 2015 Share Posted June 4, 2015 Awa and dinna talk pish, severe penalties lol.... Aye because nothing could ever possibly go wrong fur The Rainjurz. 0 Quote Link to comment Share on other sites More sharing options...
Insaintee Posted June 4, 2015 Share Posted June 4, 2015 Stop talking sense you.......it takes all the fun out of it. Sorry Tick Tock Are the Deid yet? I hate proddies! Is that better I don't think he meant you 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 4, 2015 Share Posted June 4, 2015 Aye because nothing could ever possibly go wrong fur The Rainjurz. Nice, but what severe penalties do Rangers face? 0 Quote Link to comment Share on other sites More sharing options...
Doink Posted June 4, 2015 Share Posted June 4, 2015 Nobody is getting screwed out of money To clarify: Rangers fans have never been screwed out of money 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted June 4, 2015 Share Posted June 4, 2015 Nice, but what severe penalties do Rangers face? If you borrow money from an extremely rich and ruthless businessman, and then start dicking around and refusing to pay it back on technicalities when he wants you to, you can expect nasty things to happen. I don't have an exact list of what Ashley may or may not have in mind. Doesn't this concern you? 0 Quote Link to comment Share on other sites More sharing options...
Doink Posted June 4, 2015 Share Posted June 4, 2015 Why would a 14% shareholder pay the clubs debt to Ashley? Coz Dave is minted 0 Quote Link to comment Share on other sites More sharing options...
scottxs Posted June 4, 2015 Share Posted June 4, 2015 I'd better stock up on popcorn this could be kinda fun to watch what big mike does next to honest Dave and the 3 bears 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 4, 2015 Share Posted June 4, 2015 If you borrow money from an extremely rich and ruthless businessman, and then start dicking around and refusing to pay it back on technicalities when he wants you to, you can expect nasty things to happen. I don't have an exact list of what Ashley may or may not have in mind. Doesn't this concern you? Lol, you're a mentalist.. -1 Quote Link to comment Share on other sites More sharing options...
Podlie Posted June 4, 2015 Share Posted June 4, 2015 Tedi do yourself a favour... ..Loans with No Repayment Terms Can Equal Gift? Summary It is common for loans particularly between family and friends to contain no term as to repayment. This may lead people to believe that the money only becomes payable when the other party demands its return. That is incorrect. A loan of money which contains no agreed repayment term becomes continuously recoverable at all times. Therefore any cause of action arises the instant the money is advanced. This has implications when determining: if the collection of a debt is statute barred; whether a company is insolvent; and the calculation of pre-judgment statutory interest. Statute Barred In VL Finance Pty Ltd v Legudi [2003] VSC 57 loans owed by directors were created by book entries. No formal agreements existed. The only documentary evidence of the loans were in the companys financial statements. The loans were created in 1992. The Plaintiff sought to sue in respect of them in 2000. The Defendants claimed that the debts were statute barred. Nettle J found that in the absence of any stipulation as to the date of payment a debt will become recoverable the instant the money is advanced. The Plaintiff argued that the directors did not have the money which would have been needed to repay the loans and therefore the parties must have intended that the directors be given time to pay if ever called upon to do so. Therefore, such a term should be implied into the loan agreement. Nettle J held that to infer such a term into the loan agreement there must be express words or necessary implication to establish contrary intention. It is not enough to imply a term merely because it may be reasonable. The usual contract rule applies, that is, a term may not be implied unless necessary to give business efficacy to the contract. Otherwise, in the absence of any stipulation as to the date of payment, a debt becomes due and payable instantly upon the money being advanced. One of the terms in the loan was no time-limit on when it must be paid, was announced on AIM as such. Your case law wouldn't apply in this case as was agreed between the two parties and stated in the contract. 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted June 4, 2015 Share Posted June 4, 2015 'nasty things' Lol, you're a mentalist.. Pissing off someone like Ashley when nobody else involved has any money really doesn't concern you? :lol: Guys it's time to stop putting on a brave face and start dealing with the mess your clumpany is in. 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 4, 2015 Share Posted June 4, 2015 Do not mess with the fat man. He'll come round with a baseball bat and sort us out last lol 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 4, 2015 Share Posted June 4, 2015 Booooooooooommmmiiiinnnnngggggggg HE Scottish Premiership suffered an £11million hit in revenue during season 2013-14, it can be revealed. Financial analysts Deloitte released the figures as it was announced EPL clubs achieved record profits – soaring by 29 per cent to £3.26billion. But it’s gloomier news north of the border, with the numbers largely down to Celtic’s £11m drop in total revenue due to poorer records in cup competitions. The figures relate to the season before last – the first campaign as the rebranded SPFL Premiership – with the top flight enduring an 11 per cent drop in revenue -1 Quote Link to comment Share on other sites More sharing options...
strichener Posted June 4, 2015 Share Posted June 4, 2015 (edited) One of the terms in the loan was no time-limit on when it must be paid, was announced on AIM as such. Your case law wouldn't apply in this case as was agreed between the two parties and stated in the contract. No time limit does not mean no circumstances. Edited June 4, 2015 by strichener 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted June 4, 2015 Share Posted June 4, 2015 Booooooooooommmmiiiinnnnngggggggg HE Scottish Premiership suffered an £11million hit in revenue during season 2013-14, it can be revealed. Financial analysts Deloitte released the figures as it was announced EPL clubs achieved record profits – soaring by 29 per cent to £3.26billion. But it’s gloomier news north of the border, with the numbers largely down to Celtic’s £11m drop in total revenue due to poorer records in cup competitions. The figures relate to the season before last – the first campaign as the rebranded SPFL Premiership – with the top flight enduring an 11 per cent drop in revenue Did you read this before you posted it? 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 4, 2015 Share Posted June 4, 2015 Did you read this before you posted it? Yes, I believe that someone said they were a stand alone company. Now run along, I'm looking for greenyins. 0 Quote Link to comment Share on other sites More sharing options...
dirty dingus Posted June 4, 2015 Share Posted June 4, 2015 If he's pissed off he can probably take them through the courts for driving the value of shares down before they took over. Wasn't his man Easdale thinking o this also, maybe get the gardner in too for a bit o bear arse cheek. Call it the last battle o armageddon. rangers tv £5 a pop. 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted June 4, 2015 Share Posted June 4, 2015 Have the schools finished up? It's a busy wee forum these days! 0 Quote Link to comment Share on other sites More sharing options...
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