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I've just picked up from the previous stv article that King is saying he made it clear that his investment was wholly dependant on him being passed as fit and proper by the sfa/spfl..
Is it outwith the bounds of possibility that those decision makers felt there was very real chance of a further collapse into armaggedon if they did not pass him, and felt as a result that they couldn't allow that to come to pass...?
http://www.rangersinternationalfootb...%2025_5_15.pdf
As an alternative to Ashley's motion to repay him his dosh and release the securities held by Sports Direct, the Lying King is proposing a motion that the Rangers Board be instructed to renegotiate all Rangers/Sports Direct contracts.
Roll on the 12th June !
Excuse my ignoranc but if Ashley has a water tight contract can't he just say no?Quote:
Originally Posted by greenginger
The board of the wife and I are having a meeting with the bank and have instructed each other that we are renegotiating all mortgages and debts to a situation that benefits us.
Quote:
Originally Posted by Spike Mandela
Maybe King has been following the Greek financial saga too closely. :greengrin
I think its just bluff from King, and Ashley will, if no repayments are forthcoming, enforce his claim on the Rangers secured properties.
The shareholders cannot say we " did'nt ken " if they vote against repaying Big Mike.
Amazing. Dave King has all this money to invest yet is trying to avoid repaying Mike Ashley's £5m loan?Quote:
Originally Posted by greenginger
Was it not paying bills/ loans etc the reason they went into Liquidation and then started a new club. Please god let this happen again.Quote:
Originally Posted by jacomoseven
GGTTH
Dodgy Dave is a billionaire on a Craig whyte scale. He obviously doesn't deal in humble millions. Its all been explained a couple of times / messiahs later by the daily ****** and the BBC (other the rangers media outlets are available)Quote:
Originally Posted by jacomoseven
http://www.dailyrecord.co.uk/sport/f...k-make-5772252
I notice Mccall doesnt mention that there was 10,000 empty seats at Ibrox against us :rolleyes:
To be fair those seats could belong to now defunct fans of the now defunct Glasgow rangers?Quote:
Originally Posted by CallumLaidlaw
Why don't the *****s offer more than 950 seats for their place then? Jeez...
They gave Motherwell 1000 tickets for tonights game, Motherwell wanted 2000, Motherwell have done the same as us and cut there allocation for the game at Fir Park.Quote:
Originally Posted by jacomoseven
http://www.dailyrecord.co.uk/sport/f...ticket-5771059
At least McCall is acknowledging that Rangers have caused all this - not that the article leads with this angle of course.Quote:
Originally Posted by silverhibee
If they don't go up what will this do to their business plan (assuming that King and Co have such a thing) given the extra income / sponsorship that they would get from being back in the SPL isn't going to be available? Or is this just a drop in the ocean for them?
Hubris and ego would suggest they are planning for being in the big league next year without develping any plan to stay down, hopefully they spend the summer scratching around in panic mode trying to put a team back together and appoint a new manager.
Quote:
Originally Posted by Iain G
Presuming they don't get promoted, any sensible owners of The Rangers would still have a massive advantage over the other Clubs in our Division.
They still have a massive support and, even with a boycott in place, they sold around 20k STs this season. I'd imagine that now their favoured leader, King, is in place, that will be even greater next season.
If the new Manager avoids the McCoist route, they could sign a mixture of experienced Premier level Players plus a host of the best youth prospects. They'll still have the money to offer wages higher than any Club outside Celtic, but they wouldn't have to get carried away and start handing out 15k a week contracts to their mates, like Coisty did.
However, there is always the trap that they have the opinion "we are The Rangers, and only the best will do", leading to them getting carried away again into unsustainable salaries. Who knows, only time will tell.
Oh you just know which way its going to go, especially with Dave Glib and Shameless and his ego and natual business acumen in charge :greengrinQuote:
Originally Posted by keekaboo
Quote:
Originally Posted by Iain G
Let's hope so
:aok:
Are they not due McCoist and Alexander around £1.2 million combined (if they lose the Alexander appeal) ? Fair wedge of season ticket cash there for zip future return !
Quote:
Originally Posted by truehibernian
When was it that McCoist went on gardening leave?
I think they have to pay him around 70k per month until his one year notice period is up.
This is a chance to showcase Scottish Football !!!?....then I think the fewer huns there the better.
I'd rather we showed empty seats that them singing their usual pish
Exactly. If they keep it up they might end up playing each other 36 times a season.Quote:
Originally Posted by Biggie
That in my opinion is there whole raison d'etre. EVERY hun or septic fan I speak to cannot understand why people do not support one of them. I have pointed the above out to them hunners and hunners of time that if people did not support their so called "diddy teams" they wouldn't have a league to play in. Usual answer is they would just eff off to engerlund.Quote:
Originally Posted by Waxy
I wish they would. Problem is that England doesn't want them either.Quote:
Originally Posted by Lucius Apuleius
Just remind me again how much debt the club that 'don't do walking away' walked away from when they liquidated. Wasn't it around £45 million?
They really don't. Rampant sectarianism and a fortnightly repeat of what fans of the now defunct Glasgow rangers brought to Manchester isn't what the brand that is EPL wants or needs.Quote:
Originally Posted by Eyrie
There really are very few football fans down here who want any of the uglies ruining their over priced entertainment or their cities.
Quote:
Originally Posted by Hibernia&Alba
Excluding the disputed Big Tax Case, I think it was nearer £70 million.
Must have been Dec as it was McDonuts first game in charge when we pumped them 4 zipQuote:
Originally Posted by keekaboo
Quote:
Originally Posted by NadeAteMyLunch!
Cheers. So that means they still have about 7 months at 70k a month to pay him.
Think so. That's a shame.Quote:
Originally Posted by keekaboo
What a disgrace that he is still getting paid all that money. Talk about not learning from your mistakes
Ach, it's only money....What does it matter?....as long as it's someone else's. Ask a yam.Quote:
Originally Posted by NadeAteMyLunch!
Surely it's different? They owed it to themselves didn't they?Quote:
Originally Posted by Jack Hackett
'Sturat McCall has accused Motherwell of putting another dent in the image of Scottish fooitball's image ....... 'Quote:
Originally Posted by CallumLaidlaw
A manager of the HUN accusing another club of damaging our game's image ??. Let me think, what story would media-outlets around the world report on -
A) Scottsh football club goes into liquidation after years of cheating.
B) Scottish football club refuses to give rivals more tickets after rivals refused to give them more tickets
Some necks are impervious to blow-torches, eh !!
Only the 'Daily R*tard' would actually print this, still loving and supporting the Hun despite them continuing to damage our image by having a convince tax-criminal as it's Chief Executive, a Chief Executive who was on the board that got caught cheating ..... Oops, sorry ...... was on the board that went into liquidation !!
Forever sc*m!Quote:
Originally Posted by Deansy
There's a couple of articles in The Herald on Sectarianism in Scottich Football and one guy in the comments section had the temerity to ask why these stories are always illustrated with pictures of Rangers and Celtc Fans.
According to him, Hibs and Hearts are just as sectarian.
http://www.heraldscotland.com/news/h...ored.127517102
You just couldn't make it up!
:rolleyes:
http://images.tapatalk-cdn.com/15/05...7c858ea66c.jpg
Washington Post calls it correctly.
That'll be the cue for an immediate Hun boycott of the phost :greengrinQuote:
Originally Posted by Ozyhibby
Haha no lie :top marksQuote:
Originally Posted by Hibs Class
:faf:Quote:
Originally Posted by Hibs Class
I see Mark Warburton (ex Brentford) is now 1/2 with the bookies to be next Rangers manager
What time is the SPFL league reconstruction meeting today?
4.55pmQuote:
Originally Posted by keekaboo
+ injury timeQuote:
Originally Posted by CallumLaidlaw
League reconstruction meeting looms ever nearer.............
Who's out of contract for them now?
Quote:
Originally Posted by keekaboo
No need, its already agreed.
14 team premier next season. St Mirren stay up and Rangers, as play-off runners-up, get promoted. :greengrin
Quote:
Originally Posted by greenginger
That would not surprise me in the least.
It will depend on how much dough they can give him.Quote:
Originally Posted by CallumLaidlaw
Leaven it out!!!Quote:
Originally Posted by Spike Mandela
The Rangers GM on the 12th should be fun. All goodwill for the Lying King and Co gone and big Mike wanting his £ 5 million.
Was wondering when dodgy dave is finally going to produced some of his legendary, nay mythical, billlions - he does have them as the daily ****** says so. Maybe the GM on the glorious 12th will be the day :greengrinQuote:
Originally Posted by greenginger
However much he's planning to put in there's about £8 million of it going to be needed to cover next season's losses as the turnover's going to be a lot less than it would have been in the premier. Jetting in with a war chest to challenge Celtic will have to wait.Quote:
Originally Posted by Bostonhibby
I don't doubt that King's very wealthy, but I do wonder how much of it's in resources that are easily convertible to cash. In addition I understand that South Africa has exchange controls restricting the amount that an individual can transfer out of the country each year. Given the attention SARS will be giving him, he'll have to take care that he follows the rules very carefully.
Their board has to announce its financial plans soon - before the GM seems sensible and necessary.
Agree. I've never seen anything that suggests he will be doing anything with his own money - the rangers "men" don't and king still hasn't or at least not as implied.Quote:
Originally Posted by ballengeich
Suspect he had other people's money lined up and there might just be a bit less of it. Today's shenanigans won't attract too much respectable corporate money so more of the same old seems likely.
Ticket prices at Championship level rather than Champions League. :greengrin
Is that the 12th of July?... :cbQuote:
Originally Posted by greenginger
I jest not, I was in a meeting last week just after this date was announced and one hun said to the other that they should have postponed it for a month.Quote:
Originally Posted by emerald green
Bilel Moshni will be back under him next season. He'll be out there ciabatta opponents.Quote:
Originally Posted by Spike Mandela
If dodgy is looking to slip anything past them there's no better time than when they are all miles away pissed up somewhere banging a drum and paying homage to a 17th century foreigner in a camp looking wig astride a white horseQuote:
Originally Posted by emerald green
That one's going to go stale pretty quickly if it keeps getting wheeled out :greengrinQuote:
Originally Posted by Northernhibee
It just became relevant today! Let me earn my crust from it whilst I can!Quote:
Originally Posted by Mr White
:greengrinQuote:
Originally Posted by Northernhibee
Having said it, so's my "following Cammy Bell's clanger the GK scout has been instructed to search focaccia" joke too!Quote:
Originally Posted by Mr White
Nah, St Mirren stay put and we go up as runners-up in the Championship. :greengrinQuote:
Originally Posted by greenginger
Not sure if he's a born and bread bluenose; and even Kingsmill-ions won't save them from the team from the yeast.Quote:
Originally Posted by CallumLaidlaw
Hope this works 😂
https://www.facebook.com/glesga2bobr...4608566775506/
That's made my day TC 😄Quote:
Originally Posted by Thecat23
Here we f****n go priceless & those goggles.
A right looker too 😄
[emoji23] Glad you liked it, had me in fits laughing!!Quote:
Originally Posted by trev the hat
What is it ?Quote:
Originally Posted by Thecat23
Quote:
Originally Posted by Thecat23
Not seen a lot of Alan Carr recently.
A Rangers fan having a wee sing along!!!Quote:
Originally Posted by hibees 7062
The miming is the best hahaQuote:
Originally Posted by Thecat23
My neighbours prob heard me laughing.out loud.
Her & that yam sparky wound up both top notchers 👍
[emoji23][emoji23]Quote:
Originally Posted by blackpoolhibs
Pure dead brilliant Big Man.Quote:
Originally Posted by Thecat23
That's us tae a tee, so it iz.
Comedy gold Scoops [emoji16]Quote:
Originally Posted by scoopyboy
If I'm having a bad Monday tomorrow I'm playing that to cheer me up!
Male ?Quote:
Originally Posted by Thecat23
Haha I've honestly no idea [emoji23]Quote:
Originally Posted by hibees 7062
Brilliant, [emoji106] I was wondering what Tubbs was doing after League of Gentlemen ended.Quote:
Originally Posted by Thecat23
Enjoyable thread purely for them turning on each other!
http://forum.rangersmedia.co.uk/inde...owtopic=283745
"We might be ***** but at least we're proddy *****. Could always be worse, we could be Fenians". No surrender".Quote:
Originally Posted by zolliehibs
They are a special breed of ********s
Like CWG stated on Thursday - this might push DK into an administration event thinking that they will make up the 25 point penalty.....
What debts would he be escaping? Avoid paying Ashley his £5m back?Quote:
Originally Posted by HoboHarry
Surely they've just shed a load of pricey player contracts so their wage bill will be a lot lower already.
The Lying King has been pretty quiet today, mind.
They also seem to be borrowing £1.5m every 6 weeks or so from 3 bears or DK.Quote:
Originally Posted by jacomoseven
Those so-called "onerous contracts" might be escaped also.Quote:
Originally Posted by jacomoseven
Crops, what do you think the value of these to Rangers could be?Quote:
Originally Posted by CropleyWasGod
If they go pop again I think Ashley is a secured creditor so whatever the security is, he should have first call.
TBH, I haven't seen the latest Rangers Retail accounts, so I'm not sure at all. Whatever they show will be your starting point However, if the Bears are genuinely boycotting RR, you can push that figure up. A lot.Quote:
Originally Posted by Billy Whizz
This was the Record's version in December.
http://www.dailyrecord.co.uk/sport/f...retail-4730464
So around £3.9 million or so less per year with the Sports direct deal, than the JJB deal, if I'm reading this right . Quite a considerable sum over 4/5 years or soQuote:
Originally Posted by CropleyWasGod
I don't think new Rangers will be making much money from retail for the next 7 years. Even if they boycott it, the deal means the club have to buy any unsold stock.Quote:
Originally Posted by Billy Whizz
I really believe they need another admin to get on an even keel.
First time I've ever looked at their forum...this is the team they reckon for next season!!!
Mcgreggor
Paterson. Mcgreggor. Wilson. Wallace©
Macleod/Law. Murdoch. Allan
Vuckic
May. Erwin/Cummings
:greengrin:greengrin:greengrin:greengrin:greengrin
Sports Direct will have incurred a lot of costs in the management of Rangers Retail.
Buying out long leases on loss making retail outlets ( Glasgow Airport Unit a classic example of retail stupidity ), redundancy payments etc. all have to be met before any profit can trickle down to Sevco.
Is it after 3 years that the 25 points drop off and it would be 15 points. If so, when did they go into liquidation?Quote:
Originally Posted by HoboHarry
Pretty sure it's 5.Quote:
Originally Posted by PatHead
They'd have to make up a 15 point penalty the following season as well -Quote:
Originally Posted by HoboHarry
http://sport.stv.tv/football/clubs/r...neral-meeting/
5 years not 5 points I hope.:greengrinQuote:
Originally Posted by CropleyWasGod
I have heard that investigations are underway by fraud officers on David King relating to financial irregularities. I'm not sure if the person in charge is legit but he does have a connection to someone within that field who has loosely confirmed it. God I hope it's true as I wouldn't be able to stop laughing
Good spot..... didn't know that. :greengrinQuote:
Originally Posted by portycabbage
'Mcgreggor' (sic) as 'rush goalie' and centre-half, then? That's the only bit that's indicative of the financial state they are in.Quote:
Originally Posted by underscore
What a wonderful piece of writing on a simply wonderful website... NOT.Quote:
Originally Posted by Callum_62
A piece of **** showing an ingrained sense of entitlement.
Quote:
Originally Posted by Callum_62
This sentence says it all
We will never be a force in Europe, that’s not our aim at this time, I’d happily settle for the last 16 in Europe on a regular basis, but right now that is as likely as the Bheasts being held accountable for their abuse of kids.
Quote:
Originally Posted by Callum_62
"we have traditions and history that no club in the world can rival"
Can't argue with that, as I'm not aware of any other club that had a ban on signing RCs.
...and here we get to the crux of the matter....
"You’re the man with cash, put up..."
Show me the money!
'Simply put, we will now struggle to survive. This isn’t an overreaction, this is fact'Quote:
Originally Posted by Callum_62
Scotland and the rest of civilised world dearly hope THIS turns out to be the case !