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Big Rangers Administration/Liquidation Thread - All chat here!


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I've attempted to fact check that but hard data is difficult to unearth.

Suffice to say most clubs shirt sales tend to vary dramatically from season to season. They might well have sold the thick end of half a million at some point during a bumper season but that wouldn't be a typical number.

A european cup final year.

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No....they shouldn't.

why shouldn't they. ? They took the loan and now have been asked to pay it back. It's not like those EBT loans were they weren't actually loans. Big mike does want his cash back.
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Don't understand the loan thing at all surely between king and 3 bears they could loan the money to company to pay it off.

They would then have control of the assets and 51% of retail which they could secure a further loan against of say 20 mill whilst they wait for the share issue to be done.

Then since they love the club and wanted to give them the money they could change the loans into shares. Job done.

The only issue I can see is they don't have 5 million.

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If a new manager wants to buy new players then shareholders will need to loan that money with a view to converting it equity at a later date, unless enough ST money comes in to cover it.

Here's a mechanism for you.

King buys 100,000 ST books at 500 quid each and gives them away to Bears as a thank you gesture. Money goes to clumpany, fans happy, problem solved.

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King and the three bears don't have over 50% of shares yet, some D's and PS seem to think they own the club outright.

dave is the chairman of the board. So he's in charge and he's the 1 holding press conferences so him and the board should pay the loan back. After all they are THE GOOD GUYS
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Without a specific repayment period, thus they should pay it back when it suits them not fat mike.

You really believe that a loan without a specific repayment date, leaves the loanee in charge of paying it back?

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Paid of Ashley

Champions league it is now keep up

But Dave could give the board the money to give to Ashley...

...If only there was a mechanism to do it.

Aye....they should

Ashley specifically wants it now. They should pay it back when it suits Ashley because it his money :1eye

Good to see the diddies trying to blood the young team. Good, too, that I was wrong when I thought lower depths of discourse couldn't be plumbed.

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