Breaks my heart so it does.....
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Worth having a look at followfollow for fans reactions. Old board still getting all the blame for the contract which had a £1 million cap on damages. Current contract was agreed with new board with no cap and has handed Ashley matching rites in perpetuity. The old contract would have been up in 2/3 years.
Lots of smokescreens about confidentiality ,maybe for good reasons.
'It is the club’s position that the judgement is not as reported and that the damages cap of £1m has not been removed'
Hmm, does this mean that the judge's/court final verdict has been tampered with - or do the 'peepil' develop dyslexia on judgements not in their favour !
The way I read it was that the current contract contained a cap on damages of £1. Million but the judge had said that this was insufficient to cover SDIs losses. I don’t know whether the judge is able to over ride the terms of a contract.
Obviously more than happy to be proved wrong.
I bet Newcastle fans are delighted to be linked to that mob
If Ashley has had an unexpected €610m Belgian tax bill as reported and the firm goes mammaries skyward any admin or liquidator will seek the fullest repayment from the Thes post haste. Interesting times
I may be wrong with this next point.
I think for SD to operate anywhere outside the UK, using the same name, the parent company remains the body that set up the satellite. In other words, SD (UK) would be responsible for the SD (Belguim) set-up.
Like I said, my understanding may be wrong. More than happy to be further educated.
It's all part of the efforts to stop companies avoiding taxation on profits earned in different countries by making it difficult to establish what is earned where.This is just a starting shot in Belgium but the eventual settlement will be nowhere near that amount.
Worth a read from Phil.
https://philmacgiollabhain.ie/2019/0...e-a-dead-duck/
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Surely hummel will be due a healthy sum fof having to exit a contract early etc??
The gift that keeps on giving. :na na: Such a shame.
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Attachment 22357Update the now it’s £15 that they have refused although no bid of anything was actually received
That not he has turned down a move that would net him £30m?
If he has turned down a move he will be even more unpopular with the Rangers hierarchy than he is at the moment.
There has been no bid. This is Jim Traynor desperately trying to drum up interest. They are getting very desperate for cash.
They ran with Newcastle bidding £8m for Tavernier the other day only for Steve Bruce to say that it’s made up nonsense. That will be why the have went with a Chinese club this time. Harder for the Scottish press to verify.
Starting to feel like 2011 again. [emoji106]
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Wasn't it the same thing last year? Apparent bid from China only for the team to rubbish it?
https://www.thescottishsun.co.uk/new...mpression=true
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Next season’s Sevco kit.
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Anyone believing that (A) this 'bid' of £30m for Morelos actually exists and that (B) Morelos voluntarily turned down approx £200,00pw to stay on £20-30,000pw - has the IQ to be a Hun !. Lbh, if it emerged later on that there was a 'mistake in the translation' and the actual figure was £1.5m then that would be a more accuarate and believeable bid for the jug-eared, petted-lip buffoon in this day and age of silly-money on transfer-fees !
Unsurprisingly, over on Hun-media (that top-quality site of even-balanced, intelligent and articulate views ...) does have a thread on Traynor's latest distraction re Morelos but nothing whatsoever (that I can find) on the SD case - so it's not just their board that does the :ostrich: !
Surely they could have been a bit more original than use the same widely ridiculed story as last year's.
Even the **** story has a subtext of ‘hey, we’re just writing what we’ve been told, we don’t believe a word of it’
They don’t even bother to explain where the £30m figure comes from... £15m transfer fee plus £10m contract adds up to...?
Mind you, last time a BBC journo actually did some work and cast doubt on these ‘bids’ he was forced to make a grovelling apology and damage his career.
You can't say their board don't know their target audience - a large % of Hun are still excited/looking forward to the first brick of their '£120m casino and hotel complex' being laid !
http://news.bbc.co.uk/1/hi/scotland/4264114.stm
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They really had me fooled as well.
Stevie G has now confirmed there was no bid for Morelos.
Will the club now turn on their own manager and force him to make a humiliating retraction of his comments, as they did to that BBC journalist last year?
https://mobile.twitter.com/kheredine...283584?lang=en
Newco being ordered to pay Sports Direct £450,000 is hopefully the tip of the iceberg. Loving it.
In regards to regurgitated stories from Ibrox...
I see they're now claiming (again) that they're going to rebuild part of Ibrox to increase capacity.
That was one of the fake distraction stories used by Murray to deflect from the fact his club were going down the pan. The last time they claimed they were increasing capacity to 60,000.
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If they go into admin again, what percentage is needed in a vote for them to get a CVA? With all the directors loans now converted to shares, the money owed now is to Close Brothers and very soon to Sports Direct. Close Brothers is secured so they will want paid in full no doubt.
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Is Close Bros debt to "The Rangers Football Club Limited" (formerly Sevco Scotland) aka the actual football club that holds the SPFL share etc. or to "The Rangers International Football Club plc", which wholly owns TRFC Ltd?
I suspect that if they go bust they will try and shift TRFC ltd onto new owners while ditching the debt in TRIFC plc. So the club itself wouldn't be liquidated and no need for "Third Rangers".
This will probably increase sales of Hummel shirts if anything. This season’s will become a collectors item.
Who knows what the terms are for the rest of the contract though. If Sevco negotiated as badly as they did with Ashley then they are even bigger trouble.
This really is a massive story and we will see if the media treat it as such.
Sorry Ozy but do we know for certain that the Close Brothers loan is still outstanding?
As I understand it, the loan was taken out to tide Rangers over till the ST money started rolling in.
Close Brothers being a lender of last resort, the terms were exacting and punitive. In Ranger’s interests to pay it back promptly I think.
Who knows?
If they were a normal business you would say they look to be in considerable trouble. Football of course is not a normal business.
However, we do know that getting to the Europa League group stage is non negotiable for them, because even their own highly optimistic projections count on income from European matches to make the sums add up.
Add to that expensive legal dispute with Ashley and real uncertainty about future replica kit sales.
How much debt in total are they? Must be close to £30m by now.
I now a lot of these were in soft loans though. Has king actually put a single penny into this club?
Yip, they originally borrowed £3m and paid that back and have since borrowed £7m.
And the have issued new shares although not sure what that means.
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Explainer from James Doleman.
https://bellacaledonia.org.uk/2019/0...ect-v-rangers/
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‘Rightly or wrongly’ we forced open the gate.[emoji23]
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I am struggling to think of times it would have been right for them to force the gate.
However the main thing appears to be their contemptible sense of entitlement, that makes them believe they have the right to call the shots on what other clubs do in their own ground.
Kilmarnock should tell them to gtf.
The circumstances surrounding the forcing of the gate are disgraceful and I hope that anyone involved in that is punished.
Not wanting to stick up for the huns here, but I do think clubs need to get a grip with the ticketing arrangements outside grounds in order to ensure fans can get in speedily. We've had our own issues at our own home and Tynecastle amongst other places (Dunfermline pre-season to pick on another) and when thousands of fans are left outside for longer than is necessary then tempers rise and it can be unpleasant.
By all accounts the recent changes that we've seen at the turnstiles reduce the chances of getting into a ground with a forged ticket. If forgeries are now being weeded out, we now need to ensure we have ample police and stewards near turnstiles to escort folk trying unsuccessfully to get into grounds away so those in possession of valid tickets can gain entry.
Huns are erseholes and will undoubtedly carry much of the blame here, but I do think we have issues with the way we treat large, boisterous away supports in this country - and we don't do a good enough job of it.
Absolutely, horrible people & club. Traynor at his worst. They supposedly expressed concern about disabled facilities at Killie previously. Really? They were concerned that the disabled area might not be able to withstand half wits jumping up & down on it. I expect Killie to go ballistic over this.
Has there been anything about what the failure of Kilmarnock's ticket system was, either this time or the other time(s), that the Rangers' statement refers to? Wonder if the "failures" were not letting forged tickets in.
Hopefully Kilmarnock come out with a response.
Killie did come out with a response. They said that they had never had trouble with the ticketing system before as it was the first time it had been used. Sevco were therefore telling lies, no change there! Also Sevco claimed that the gate was opened by the police. Killie say that was not the case, it was forced by Sevconians.
The video in the article totally contradicts the statement that the muppets have released. Incredible how thick they all are.
The "rightly or wrongly" bit totally devalues everything else that follows and shows immaturity as well as irresponsibility. It's like a wee boy saying "I'm sorry" with his fingers crossed. They then wonder why there's no respect towards them. Imagine the outrage if Hibs fans or anyone else had forced a gate at Ibrox. The sooner they go belly-up again, the better for civilisation.
Absolutely no surprise at all.
Hun fans riot in Manchester.
Club: People need to understand our supporters spent a lot on money to get down to Manchester and then the big screen TV showing the match broke down.
Hun fans riot in Romania.
Club: People need to understand that there weren't enough turnstiles open.
Hun fans riot
Everyone else: you need to understand that sometimes things happen you don't like but grown up, decent people don't start a ****ing riot because of that.
Just proves their version is totally made up guff! There was never any crush - the other video showed the Huns shouting at stewards about Hillsborough when there was a huge gap between them and the gates! Appalling revisionism on a par with Trump!
1. Inconvenienced by the entry system so aggressively intimidated stewards who earn 30 bob an hour
2. Forced a gate en masse and illegally entered a confined space in the stadium
3. Over-filled a stand - posing serious risk of injury
4. Invaded the pitch and demolished an enclosure for people with disabilities trapping them inside - one requiring medical attention
5. Complained to Kilmarnock re their inept and dangerous organisation for visiting fanshttps://www.hibs.net/blob:https://ww...0-cb6543075872
Did I miss anything?
Rangers man Ian McCall on Sportsound suggested Killie were at fault for selling more tickets than the stand holds.
Guy from the Killie Supporters Association says Rangers fans were trying to use the same QR codes twice and when he said it wasn't the first time the QR code system had been used, it was used at the Euro game. McCall conveniently focuses on a friendly dig about the Euro tie.
Killie supposedly conducting an internal investigation. Hopefully they issue a statement which includes how many times the QR codes were attempted to be reused.