It looks like Security over Ibrox has been granted !
https://pbs.twimg.com/media/B7YiEGlIMAA27Jx.jpg
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It looks like Security over Ibrox has been granted !
https://pbs.twimg.com/media/B7YiEGlIMAA27Jx.jpg
What's the significance of Ashley having security over ibrox?
What's the worst case scenario for them now?
Ashley not going away then in the face of the 3 bears. :-)
It looks like it is only valid for a month.
look at the bottom of the sheet https://www.eservices.ros.gov.uk
Will this not mean the fearless and impartial :greengrin footballing authorities in this country will need to take action given his increasing control of the club.
On the B.B.C. site now http://t.co/VNPo2HVoRQ
Both documents on the STV website are extracts from Registers Direct.
Not sure that this is all that significant, TBH.
The obvious short-term fix for Rangers is to get short-term finance, to buy time until the share issue can be organised.
If this application for security goes ahead, presumably it's a condition of a short-term loan by Ashley.
So, if that's the case, they're solvent and they will keep going pro tem.
If you're meaning the 3 Bears, yeah, they won't be.
If you mean the generic species of HunBear, they bloody should be happy. It keeps them going for the moment. They don't seem to get it that King Davie will not be crossing the Clyde on his white horse for a wee while yet.
Keith Jackson has just stated that Mike Ashley has just "parked his tanks outside Ibrox."
I think King Davie & the 3 Bears are about to get a kicking. Liklihood is Rangers will stagger on till seasons end, LLambias will restructure & rebuild and Ashley will get Rangers as he will have sold Newcastle by then. The Bears will be beelin' and so will the Celtic Twitterati.
The latter.
And here it was http://t.co/3A2h6xawlp 6th May 2014
On the face of it, this is a resignation issue for David Somers is it not?
Saying you have 'no intention' of granting security gives you wriggle room if circumstances change, but how can a chairman categorically state that the company 'will not' grant security over specific assets, then do just that, and stay in post?
It is a Register Direct document. New registration system from Dec 2014 allows advance notices (similar to england) which offers protection to the grantee (Sport direct ltd) for 30 odd days. it is almost certain the security will be signed and registered in the next couple of weeks.
Reported that Ashley wants the security for a £10 million loan.