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This would be very nice of course however the vital decision is upcoming which of course is that the Court of Session Inner House confirms Lord Bannatyne's decision of finding for the TP. If upheld the gasl's position is untenable and puts their club into a state of chaos and flux. If not it gives the gasl a clean slate in which to move forward with share issues and the ability to obtain cleaner financing. Its the most important factor at this time.
mon the cabbage!!!
Do you think they'll get much finance from any share issue? Converting debt to equity doesn't bring in any fresh cash, and financial institutions won't touch them. They'll be able to empty the Club 1872 piggybank, but other than that only wealthy fans willing to become less wealthy will hand over money.
I have no idea how much they'd be able to generate with new share issues. What I do know for certain is that the Court of Session judgement will have consequences one way or another. If its upheld it is chaos and flux as per cold shouldering and enforcement on the other hand if its not upheld it gets the concert party off the hook and able to move forward however it ends up. Its a critical issue which if upheld leaves the gasl position as I said before quite untenable.
mon the cabbage!!!
I understand that in normal business it may be common but I would suggest that for the most part those businesses aren't in the public eye quite as much as Sevco are. Sevco aren't very likely to to do a disappearing act overnight are they? To my mind this type of agreement seriously hurts a business like a football club who are open to wide public scrutiny......
By "running away", I meant spending it all and being unable or unwilling to pay.
Any lender becoming involved with any business with a history like RFC, high-profile or not, would be daft not to take any sort of security.
It's not that long since our borrowings (loan and overdraft) were secured. :wink:
That scenario gives me goosebumps - the Scottish Football 'media' (Jabba's secretary's) would be suicidal !. However you can pretty much guarantee some almighty refereeing 'human-errors' benefitting the Hun between now and the end of the season - making it all that much sweeter should we and the Dons do it !
C'MON HIBS AND ABERDEEN - DO IT FOR THE GAME AND FOR SOCIETY !
A decent summary of recent goings on.
http://twohundredpercent.net/rangers-transfer-window/
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Interesting read but he falls into the trap of thinking that a perfectly standard notice of registration which always refers to a loan regardless of the type of borrowing and has standard clauses regarding failure to repay when requested is something out of the ordinary.When it's a loan clauses will usually state a failure to comply with the loan agreement repayment schedule.When it's an overdraft repayment can be requested at any time.
Not sure where they’ll get the £1m for JC in the summer, unless it’s advance season ticket money
The sensible thing to do is to give them trips to us and Aberdeen for fairness in the race for second. They'll also play at Parkhead to ensure two home bigot derbies each. That would mean Hearts and Kilmarnock losing out.
There is a minor issue if Sevco have only had 16 home games and a major one when they insist on getting their own way again.
sevco will insist that all their games after the split must be against Aberdeen, they won't have a problem if they have to play 3 of the games at pittodrie as the results will be the same anyway
I think both us and Killie will be heading to Govan for a 3rd time. Its based on our ranking from last season and we are obviously the bottom two ranked sides in the top 6.
As soon as the fixtures came out this was always on the cards. The way they were compiled were as dodgy as.
We could end up with 18 home and 20 away fixtures. This has happend to clubs before.