It's easy to check with the Land Registry and Companies House.
You know you want to :)
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It's the Registers of Scotland not the Land Registry! Looks like that security has been discharged but that is no guarantee there aren't others. Was that the security for the £5 Million.
Looking more carefully at the document posted ,
It is dated 8/1/2016, and is an " Application for the discharge of a security "
The notes on the document state " until completed an application to register is subject to rejection. "
There are no lodgements on the Companies House web site altering Rangers Retail share ownership or the TRFC securities.
https://johnjamessite.wordpress.com/.../11/wifi-woes/
Don't know if this was the source of last weeks arrestment rumours , but somebody's got them up in court tomorrow.
https://twitter.com/jamesdoleman?lang=en
James Doleman covering Sevco's home fixture today . :greengrin
Counsel for Rangers tells court no prospect of insolvency, agrees with judge that there is no firm plan for share issue but is expected
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802 works are asking court to ringfence money at Rangers due to concerns they will become insolvent legal dispute over Ibrix WiFi settled
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Counsel for Rangers says financial position has improved and lenders are in place; no danger of insolvency
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Court now reviewing various docs on financial position of club.
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The total 810 works are asking to be ringfenced is £300, 000
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This business in Glasgow could actually be very interesting today, more interesting than a lot of these silly wee spats in court.
I find it hard to make my mind up what I think about the reality of the financial situation at Ibrox. The Scottish media and Rangers would have us believe that "all is barry" yet the internet is full of bampots telling us they are in deep trouble and facing imminent danger (yet they never seem to topple over the edge).
Am I right in thinking a court is currently debating the short term danger that the club face?
It should be very interesting to see what evidence is put forward and the decision that is taken in the face of that evidence.
Wonder how many other folk are waiting on being paid?
This is how it all starts. Small legal skirmishes, fans dismiss it as the other companies fault etc. Remember when Martin Bain got his redundancy pay off ring fenced before the old Rangers went bust? Seems to be following same pattern.
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http://www.philmacgiollabhain.ie/in-the-loop/
Phil claiming the scoop on this wifi case.
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Breaking: Counsel for RFC tells Glasgow Sheriff Court that £5m loan to Sports Direct has been repaid.
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Meanwhile in London, no judgment today in case of Sports Direct v Dave King and RFC. Listed hearing just for "case management."
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Help please Oz, I'm confused. Coincidental to my recent post the main part of the article is about Lewis MacLeod but that story, based on the comments, seems to be from Dec 2014. Meanwhile the story about the WIFI seems to be up to date! :confused: Interesting about the offshore aspect of the WIFI also!
Not sure myself. The wifi has not been working for about a year now so it could be the company cut them off when the stopped paying. Maybe it's taken a year to get to this stage? Could also be that Phil got lucky with his numbers. [emoji3]
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