Have JJ's credentials been verified in any way? Clearly he's a keen observer of all things Newco, but is he even a Rangers fan?
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Now he's crediting a Hibs supporter for reporting King flying in for a secret meeting.
https://johnjamessite.wordpress.com/...board-meeting/
Doesn't really matter. His info has been generally sound (although his arithmetic, not so much).
He has an agenda, like Phil Macgiollabhain, but at least it is out there in the open. If they were telling fibs it would be very easy for Rangers to stop them.
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They will also be aware that the Rangers support effectively were sleepwalking when they ended up in their previous mess.
Anyone who criticised them was jumped on as being anti-Rangers.
I think that this time they are collectively less likely to take things on face value from whoever happens to be in charge at the club.
The way this chap goes on though one suspects that King has pumped his good lady.
I think it matters because, as we know from the Hearts admin fiasco, even well informed observers can easily add 2 + 2 and end up with 5.
There is endless speculation that Newco are in financial difficulties, but as far as I can tell, little genuine insider knowledge being leaked to those outside observers.
Think it is based on the sums not adding up looking at income and anticipated outgoings but mainly the glib and shameless one not coming up with the money he promised before he took over.
In both their old and new forms, Ra Gers have been shafted before and maybe Ra peepil aren't all taking it at face value..
Does all this mean that whoever is fourth must finish more than 25 points in front of Rangers in the event of an insolvency to prevent them going up?
I definitely fancy us to be in front of them should they be deducted 25 but what about Falkirk, Raith, St Mirren?
Interesting to speculate.............
Just a laymans opinion, but I think there would be too many variables to encourage an early take up of STs...The need to get through the play-offs with a weakened side...would they even get back to the top league in this scenario? The shock to their tiny wee minds that they're not 'overinvesting' to get back there. The realization for the majority of them that glib and shameless is exactly that. Not many will be reading the blogs and will be unaware of the true situation...all they can see is their team riding high in the league. Asking them to dip into their pockets again might be a step too far. I'm hoping for an early xmas present in the shape of what Ozy is suggesting
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Herald today with a piece slagging Mike Ashley. Although it's ostensibly about Sevco's finances and MA's role in this, it doesn't mention any of the real problems looming on the horizon for the zombie club. Mainly talks about how he has messed up Newcastle FC. Softening up the follow followers for what's to come and making ready to lay the blame at MA's door possibly?
He is owed £5m, which is secured against various assets. In the event of their sale, the first £5m would go to him.
He would be entitled to take possession of them, I think, but (and this is where my legal knowledge is sketchy) probably only where the value was less than £5m. That's like a bank repossessing a house in the event of a defaulted mortgage.
ATM, I've no thoughts as to which would be better for him.
More to the point, we're on page 999, guys. Shall we just stop here? :cb
King could be trying to goad Ashley into pulling the plug on Sevco.
They are in default of the £ 5 million loan agreement. SD were meant to have 2 reps. on the Board and the AIM registration had to be maintained, so a receiver could be appointed to collect the funds required for repayment.
If they are beyond saving better to get a patsy to pull the trigger.
I don't think it will work though, Ashley has thick skin.