I'll donate one of these, I'm feeling generous today :greengrin
http://www.coincommunity.com/forum/u...3_brrazoo1.gif
Printable View
I'll donate one of these, I'm feeling generous today :greengrin
http://www.coincommunity.com/forum/u...3_brrazoo1.gif
whats his angle been then, unless he has pocketed a load of cash or was hoping he would get something for his shares I don't see what he has gained.
He bought the club for nowt, put nowt in and so it ran out of cash as it spends more than it takes in. He then puts it into administration (with help of the VAT man) and gets nothing as it ends up liquidated.
Surely we don't have the full picture yet???
good, they only have to add 400K to that million and then give it to rapid vienna, it would be the honourable thing to do, confucius say 'pay ones debts and be respected' if not, i hope rapid take legal action to stop the thieves getting it
well, maybe it wasn't confucius that said it
Maybe Hearts will have something to say on this issue?
The transfer rules are ridiculous. OK Rangers negotiated a payment by installments for Jelavic, but once they sold him on to Everton, the balance should be due and paid in full before the second transfer can take place.
If I buy a house using a 25-year mortgage, I have to pay off the outstanding balance before I can sell the house.
He gambled and lost, basically.
The gamble was on getting CL football. The money earned from that would have kept Ticketus happy, and gradually he would have been able to fill in the black hole that he created when he "bought" the club.
Malmo screwed that bet.
i was looking for a photo of a penny farthing and got this :(
http://www.pepcak.webzdarma.cz/pict0005.JPG
super sally could use it as his new club transport
Pretty sure d&p will have Everton down as a debtor and d&p wont be able to give any one club their full debt when there are other creditors awaiting to be paid. What would be interesting is if they used the million to try and stay alive a little longer to try and find a buyer. Surely the creditors must see that the longer this drags on the less money there will be to pass out at the end. Is there no way the creditors can say enough is enough and push the admins to start putting money together.
heh heh
I think he was looking for this
https://encrypted-tbn0.google.com/im...eeecHssa5ZuPM1
sure the coin is just called a farthing without the penny bit :greengrin
http://1.bp.blogspot.com/_UOnuGU3RXV...0/farthing.jpg
It's just called a farthing - worth a quarter of a penny.
Hence the name for the bike, a penny farthing, with the big wheel as the penny, and the small wheel... well, you get the picture.
Hope this helps.
Anyone else having trouble getting on RangersMedia forum? Dying for a good giggle and it won't let me in.
Yup... Duff and Duffer are trying to keep the club "turning over" until a buyer is found.... this was figured the best way for the creditors to maximise any return.
They'd rapidly getting to the stage where a decision is going to be made on whether to keep going (needs light at the end of the tunnel tho) or if that's just throwing good money after bad and file for liquidation (assuming there's nothing in the pot to even offer half pence in the pound CVA in the wild hope it would be accepted!)
I guess D-Day is next week some time when the players wages revert to pre-admin levels
Apologies if this has been posted before, but I've just seen it.
Good reading, great research.
http://scotslawthoughts.wordpress.co...-was-he-right/
Is there any way we can have the best of both worlds, whereby Rangers go into the third division and Celtic f*** off at the same time?
What a superb season that would amount too - even Dunfermline fans would struggle not to crack a smile if that came to pass :greengrin