What's the latest on their funding gap?
Has Ashley's loan been used, or are the new Board they using their own money?
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What's the latest on their funding gap?
Has Ashley's loan been used, or are the new Board they using their own money?
The last I heard was from Llambias as he was scuttling across Glasgow Airport last week. He was asked if the additional £5m had been drawn down, and his answer was "No."Quote:
Originally Posted by Billy Whizz
Wages and HMRC are due in a couple of weeks, which will be concentrating minds. I think that teacakes will be the first expense to get stopped.
Boyd will not be impressed.Quote:
Originally Posted by CropleyWasGod
The bigot Chris Graham has resigned.
To be fair, four days in post for a Rangers fan rep, before his being forced to resign for his personal attitudes, is good going. He must be a moderate Hun.Quote:
Originally Posted by Weststandwanab
Probably been waiting his whole life for that appointment.Quote:
Originally Posted by Hibernia&Alba
Very wise of our Frank Dougan not to do social media. You never know what skeletons can pop out of the digital closet. :greengrin
That is a fair point.Quote:
Originally Posted by Hibernia&Alba
Anyone else taste the irony or just me ?Quote:
Originally Posted by Weststandwanab
Ha ha. Wonder if he gets to keep Club blazer and tie.:greengrinQuote:
Originally Posted by Weststandwanab
Not to worry there will be another fans rep along in a minute to take his place. Would be nice if it was a modern, progressive thinking, non sectarian libertarian but I won't hold my breath.:cb
A lesson for all of us that in these days of social media none of us can escape from the consequences of what we post online.
Quote:
Originally Posted by Corstorphine Hibby
Just you.
Like this guy who is organising the fix Ibrox campaign?Quote:
Originally Posted by Spike Mandela
http://tapatalk.imageshack.com/v2/15...6544a76201.jpg
Quote:
Originally Posted by Ozyhibby
They are degenerates. Ignorant, hate filled lunatics. So now it's the Muslims rather than the Catholics?
Quote:
Originally Posted by keekaboo
Perhaps not.Quote:
Originally Posted by Hibernia&Alba
God help any Catholic Muslims who shop in Sports Direct... :wink:Quote:
Originally Posted by Hibernia&Alba
:wtf:Quote:
Originally Posted by Ozyhibby
Probably both.Quote:
Originally Posted by Hibernia&Alba
A colleague of mine worked for RFC before they were liquidated.Quote:
Originally Posted by greenginger
Two pairs of brown brogues £300 each per year. Plus an Armani suit
As you say he's wanted & worked for that all his puff and it lasted 4 days.
Choked. But probably gets to keep the clobber.
Do you think he knows the Queen is a direct descendant of the Prophet Muhammad? It just goes to show, if singing about murdering Catholics is fair game in Scotland, then any offense is deemed okay for their support.Quote:
Originally Posted by Ozyhibby
Scotland's shame.
Just exactly who is Rangers new boss Davina or Stuart. Something about million pound drops has me confused.:greengrin
They really are looking like a much better business than before - FFS a director is appointed arbitrarily / annointed without any real thought except he seems to be a the rangers man - and cops it a couple of days later for something that could have been spotted by even the most basic due diligence check.Quote:
Originally Posted by Weststandwanab
I am looking forward to King being empowered to ride the clowns bicycle properly asap - they will hopefully be able to appoint a more discrete bigot who remains hidden for a bit longer thereby making an even bigger splash when they are eventually outed.
There really is a world outside inbred corners of Govan looking on in amazement. Maybe Ashley will have to do nothing but pick up the corpse after the new new rangers directors are finished dragging them down to a new low.
So if Ethnic cleansing is the answer to this mans concerns have we been given any clue about which country he and people like him will be cleansed to? I really don't think England want them.Quote:
Originally Posted by Hibernia&Alba
'Ethnic cleansing' doesn't mean repatriation, even if he might believe that. It was a term used by Serbians to describe the killing of Bosnian Muslims en masse. Hence the seriousness of its advocacy.Quote:
Originally Posted by Bostonhibby
:agree: Am acutely aware of that, and being repulsed by the mans conclusion I thought a wee bit of irony / sarcasm was appropriate.Quote:
Originally Posted by Cupppa Lu Cha
Until they unravel the wheeling and dealing of the previous board they won't properly knowQuote:
Originally Posted by Billy Whizz
Gotcha. ;)Quote:
Originally Posted by Bostonhibby
McCall saying how little the Toon five can offer him - "Remie Streete is out with illness and injury, Kevin Mbabu is lacking match football, Shane Ferguson I don't think has even been across the border and has a long-term knee injury. Bigirimama has a medical condition and is seeing a consultant up here but I doubt he will be available in the near future." Good old Ashley.
Wonder who's picking up the tab for these guys, Rangers and Newcastle?Quote:
Originally Posted by Jim44
https://www.youtube.com/watch?v=3uSTOHa4Im4Quote:
Originally Posted by Jim44
Was told it was Rangers paying all their wages out of Ashley's loan.Quote:
Originally Posted by Billy Whizz
This was to use the loan up ASAP so they would need the next 5mil
The source was from Newcastle but I'm not sure even Rangers would be that stupid so a bit sceptical as to the accuracy
Would be hilarious if true however
I don't think Sevco will be picking up much of the tab, considering how shop-soiled the goods are. You just wonder about Ashley's motives, given he has a large vested interest in his Ibrox plaything.Quote:
Originally Posted by Billy Whizz
Sooooo, where's this nomad King had lined up and was going to appoint last week??:cb
:aok:Quote:
Originally Posted by Cupppa Lu Cha
Instead of condemning behaviour or racist or bigoted views Rangers fan advise "think before you type anything on social media, it will back and bite you".
Yes be careful with how you present the bile folks!
http://forum.rangersmedia.co.uk/index.php?showforum=1
Sent from my iPhone using Tapatalk
Maybe had some concerns about the type of director they have been appointing recently and the manner of their appointment - and ran a mile?Quote:
Originally Posted by Spike Mandela
It's interesting that the new guy actually resigned on Tuesday, although it took a few days for that to be announced. Perhaps the potential Nomad put some pressure on.Quote:
Originally Posted by Bostonhibby
Yep, very likely.Quote:
Originally Posted by CropleyWasGod
Tends to suggest if one can be found they will probably have little influence with this type of client though. King will see it as just another box he needs to tick.
So Ashley loans The Rangers money, then loans them some players which are then paid for by the loan he has already provided The Rangers which means he gets double benefit of said money and Rangers will actually be paying him twice with it, once on salaries for his own players and twice when they pay the loan back? Talk about finding ways to make your money go further ;-)Quote:
Originally Posted by AlbertK86
This is how millionaires become gazillionaires. Find a cash cow (preferably one as thick as pigsh*t), and milk it 'til it's dryQuote:
Originally Posted by Iain G
Actually three ways! When a The Rangers fan goes out and buys a The Rangers top and gets the name Vuckic on the back he gets a huge lump of the profit through sports direct and owning the club logos etc! Man has run rings around them, probably just for a bit of fun in his spare time ;-)Quote:
Originally Posted by Jack Hackett
Dave King has lifted the beleaguered Bears
That's 3 good solid draws since he came in vs Cowdenbeath Livi & QoTS
:agree: Was just thinking that, they are on some run since King (nearly) got on the board. One director appointed then departing for getting caught out making hun like comments and coming out undefeated since the King show began. I wondered if Johnny hun has worked out that the Newcastle guy they didn't want won them some of those points?Quote:
Originally Posted by Springbank
I suppose its like taking and spending Ashleys money whilst simultaneously not wanting to be involved with Ashley. New
name, new club, same bad habits.
:faf:Quote:
Originally Posted by Springbank
McCall indicating on TV tonight he will be speaking to King tonight about what Funds he has available to him to go into Transfer Market for Free Agents Anyone any idea who is still out there that could maybe come in and do a job for them
I would imagine that, on paper, there will be several decent players who are free agents but you've got to guess at the reason why they are available. They could be injured ; taking a sabbatical for the sake of it and because they don't need the cash ; too greedy and won't play for anything less than they're accustomed to ; they've lost their hunger and passion for the game. Add any other reasons to that list but, bottom line, I don't think there will be a long queue of candidates waiting to join that rancid club.Quote:
Originally Posted by Ronniekirk
Jim, depends on what money is on offer.Quote:
Originally Posted by Jim44
Most free agents are not likely to be match fit for a bit anyway.
Are they able to do emergency loans? If they can, is this only from Scottish clubs?
Yes and yes. Actually I think they may not be able to do even them in the last couple months of the season, unless they have a genuine goalie emergency.Quote:
Originally Posted by Billy Whizz
Ferguson is in the NI squad to play Scotland which seems a bit odd.Quote:
Originally Posted by Jim44
That certainly contradicts McCall's understanding of the situation. I smell scheite. Either the NI selectors are out of touch or McCall might playing mind games.Quote:
Originally Posted by HUTCHYHIBBY
Or he's been told he can't play himQuote:
Originally Posted by Jim44
What chance any Rangers benefits in the chancellor's giveaway budget!
- tax relief for all newly formed football boards
- 30 day amnesty to remove unwanted onerous contracts
- wages benefit for all new out of contract signings
- all sports direct profits subject to a Rangers tax
- free nomad for all new companies with 150 year history
:cb
Few of these players have since found clubs but gives you a idea -Quote:
Originally Posted by Billy Whizz
http://www.footballtransferleague.co...lub=Unattached
They could get Chris Killen & Rudi Skacel :wink:
The natives are getting restless.......
https://billmcmurdo.wordpress.com/20...rd-or-manager/
Did Dave King take trusted journos out for a lamb dinner before returning home? Is there a limit to how many days he can spend in Scotland for tax reasons?Quote:
Originally Posted by Spike Mandela
It does seem bizarre that his coup has resulted in so much noise and so little action. Oh and rumours of falling behind with HMRC too. It's like Craig Whyte all over again.
I hope this is true.Quote:
Originally Posted by Spike Mandela
Would be amazing if they went into admin. Same club would mean more points deduction. Though sadly it would mean we wouldn't get to cuff them in the play offs ;)
I got a pile of abuse on a Zombie facebook post for suggesting that in their desperation to get rid of the last lot they were not giving due diligence to what they were putting in their place. Two games into the new regime and already its looking like another meltdown.Quote:
Originally Posted by Spike Mandela
NOTE: .... I was going to use the Jobby hitting the fan smilie from the H.Net smilies list, but its blocked by the swear filter .... ?
I hope we make them pay for Sunday's tickets upfront.
I hope they've paid up front for Sunday's tickets, 3500 at an average of say £20 = £70k, nice little earner for the club!:)
You beat me to it......great minds and all that!:)Quote:
Originally Posted by southsider
No need, they'll only want about half a dozen.Quote:
Originally Posted by hibee-boys
That link should have a warning!! Did you check out some of the followers he has. Some very colourful uniforms and sashes. I feel filthy now just by looking at it. By the way the natives are not only restless they are totally revolting.Quote:
Originally Posted by Spike Mandela
Tax reasons? All the indications from South Africa are that he doesn't do paying tax.Quote:
Originally Posted by jacomoseven
What's happened to the NOMAD he had lined up-caught out in a lie already.
He'll delist them. Then he can do what he pleases, no pesky regulations.Quote:
Originally Posted by ancient hibee
There's merit in that, but it would make finance much more difficult.Quote:
Originally Posted by Cropley10
It's also a kick in the baws for all the fans who recently bought shares.Quote:
Originally Posted by CropleyWasGod
Depending on his circumstances he probably can't spend over 90 days in the UK. It may however be up to 183 days before he becomes UK resident.Quote:
Originally Posted by jacomoseven
I understood it was nearly impossible anyway no? :greengrin:Quote:
Originally Posted by CropleyWasGod
Yeah it has been:)Quote:
Originally Posted by Cropley10
One might have thought that King, with all his credibility and impeccable record, would have been better placed to persuade the City to invest.
Has he actually said where the money is coming from? Or, as is suggested, has he left Douglas Park to sort out that sort of trivial detail?
McMurdo states HMRC have not been paid for last month. Hopefully CWG or others can clarify as I thought NI & VAT were both paid quarterly. However if he means that a quarterly payment was missed last month then they're in real trouble, I believe Sevco have to automatically advise SPFL/SFA within 2 days of receiving a statement from HMRC. ( that would give them about 30 days grace ). IIRC if they then don't have an agreed payment schedule with HMRC they will be in default which effectively means they can't register players & so they're bollo -ed! That would be really sad though I don't really have too much faith in McMurdo's credibility!Quote:
Originally Posted by Spike Mandela
NIC is payable monthly with PAYE. VAT is normally quarterly, although it can be monthly.Quote:
Originally Posted by brog
I've assumed that this alleged bill (which I had read was due at the end of March) is VAT. For me, the problem is less about the SFA or SPFL rules, and more about simple cash flow.
That all said, there are a lot of holes in McMurdo's story, so I share your scepticism.
Ashley loan tough conditions?
http://www.philmacgiollabhain.ie/mik...-for-new-loan/
His record is unpeckable, I am sure I read it somewhere in the Scottish media - the one thing he ain't going to do is put up any cash any time soon - someone else will have to do it whilst he and his acolytes wear the badges of ownership. Dodgy dave will be actively raising investment cash from anyone who will listen to him in the gap whilst simultaneously trying to find a nomad who are prepared to run the risk- meantime the clock is ticking.Quote:
Originally Posted by CropleyWasGod
Delighted the huns went for this option as even now the only one who has put actual money in remains Ashley.
Does that mean he will be able to refuse to pay tax for years over here as well?Quote:
Originally Posted by Antwerphibs
The last 'Warning' from their so-called 'Admins' was over a year ago -Quote:
Originally Posted by John_the_angus_hibby
Ok, so once again we find ourselves bogged down in petty insults and personal abuse. We try to give leeway and not be too heavy-handed, but sadly it seems you can't behave yourselves without someone breathing down your necks, so here we are.
We are now going to adopt a zero tolerance approach to personal abuse and the terms that go with it. This will include, but not be limited to, terms like ****, taig, taig-like, ******, rhebel (or any other word with an 'h' added in for effect), ********, ****er, moron,...
For clarity, this will apply to all personal abuse between posters, and also extend to all current and potential board members and staff. We can all discuss their shortcomings without resorting to these insults.
Anyone dishing out abuse will have their post removed and be issued a warning. Posters who cannot heed warnings will be issued with temporary posting suspensions, anyone who still can't accept this and wants to make themselves a martyr to the cause will have their wish granted.
It's ridiculous that it has come to this, but we will be enforcing this rule and we need your help to do it. If you see any abuse, each post has a 'Report' button on it. Please use this to keep us informed, and we will deal with the abuse appropriately.
A quick click on the link and go on to ANY of the threads is enough to show this 'Warning' is nothing more than lip-service as all these banned terms/words/phrases feature in every single thread !. Nothing but a hate-filled meeting-place for all the dregs of their support !! Open site but the Police don't seem to know it exists !!
It beggars belief that Dave King can organise an EGM one week to force Mike Ashley's guys off the board, and then go asking for the further £5m loan the next.
What's that Mike? You want to put a few more conditions against the loan? What a surprise!
Against the background of the entire story, it disny really.....:greengrinQuote:
Originally Posted by jacomoseven
Fair enough!Quote:
Originally Posted by CropleyWasGod
It's a fair point, though.Quote:
Originally Posted by jacomoseven
Those who voted for DK probably didn't have this scenario in mind. They voted to get rid of Ashley's influence, not cement it even further.
Can you see them 'doing a Hearts', and going into admin about a week after the season ends?
Question...What would happen if they went in to administration when the playoffs were underway?Quote:
Originally Posted by s.a.m
It would be the smartest time to do it, probably.Quote:
Originally Posted by s.a.m
However, that would depend if they had a buyer lined up already. My gut feeling, though, is that the affairs of the current company are so convoluted, that such a scenario would probably take time.
It wouldn't make a difference to the play-offs. QOS, Falkirk and us would just get on with it. :greengrinQuote:
Originally Posted by Spike Mandela
Edit.... oh, you mean if Rangers were in them?
Good question, and one that there's probably no consideration for in the rule books. I suspect that whatever club had missed out would be raging at the SPFL, but ultimately left on the sidelines.
In reality, RFC would start next season minus 25 points, wherever they ended up.
Minutes applause at half-time?Quote:
Originally Posted by Spike Mandela
If they carry on their bad run and QOS and Falkirk look like finishing ahead of them, you could see them taking the points hit before the season is out.Quote:
Originally Posted by CropleyWasGod
Admin is really the only way for them to escape from all those contracts. The problem is that they need to buy him out first as MA has security over all the assets.
That would be cheating of the highest order. Should have points deduction carried over until the next seasonQuote:
Originally Posted by CallumLaidlaw
Those are the rules, so I don't see why they should.Quote:
Originally Posted by Billy Whizz
Indeed, a 25 point hit might take them into the play-off battle at the bottom.:wink:
Would be safe with 24 points on the board.Quote:
Originally Posted by CropleyWasGod
Nothing new then. They screw the corner shop out of £1500 then go on to pay fatty Boyd £7k a week.Quote:
Originally Posted by Billy Whizz
The points deduction would carry over if they were still in admin when the new season started.Quote:
Originally Posted by Billy Whizz
Alloa and Cowdenbeath are on 19, so it's not cut and dried.Quote:
Originally Posted by Billy Whizz
However, my point is that the rules are known at the start of the season, and clubs can use these to their advantage.
Possibly not, they may lose players and struggle to win any more points this season. :thumbsup:Quote:
Originally Posted by Billy Whizz
Did someone not say that any admin would be a quick one?Quote:
Originally Posted by Spike Mandela
I meant going straight down😄Quote:
Originally Posted by CropleyWasGod
It could be, if there was a new company waiting.Quote:
Originally Posted by Billy Whizz
However, the affairs of the current company are so convoluted that that might not be possible.
I don't understand why they would even need MA and his 5m loan. Surely the new directors have money to invest into the club?
If he's non UK resident, he only pays tax on any UK income, which I'd imagine is close to zero.Quote:
Originally Posted by Bostonhibby
Would the onerous Ashley contracts become null and void in the event of their second Administration and subsequent -25 hit?Quote:
Originally Posted by CropleyWasGod
Quote:
Originally Posted by AndyM_1875
Not sure....would depend on what they actually say, but almost definitely if there was a new company ready to pick things up.