Generic Sevco / Rangers meltdown thread

[hhibs]

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Been there tried it But prefer security of a fixed guaranteed return even if locking it away for longer period


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Peer to Peer ISA,risk is higher but that is what a higher interest rate is likely to mean I am afraid.

[PatHead]

Can we not stop talking about ISA and pensions. I Come on hoping to see bad news about sevco.

[hhibs]

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Can we not stop talking about ISA and pensions. I Come on hoping to see bad news about sevco.

Sevco are always bad news !

[ancient hibee]

These tiresome ISA posters need a good PEP talk.

[HIGHLANDLEITHER]

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I wonder what kind of figure Sevco will be hit with from Astley? Are there any estimates going around ?

johnjamessite today suggesting £6 million. It’s not just SD though there are the court costs of King trying to do the dirty and the costs of Hummel and Elite . Worth a read if you want to see the bigger picture.

[malcolm]

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These tiresome ISA posters need a good PEP talk.

Not surprised you have adopted archaic terminology

[BoomtownHibees]

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I wonder what kind of figure Sevco will be hit with from Astley? Are there any estimates going around ?

Rick?

[HoboHarry]

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I wonder what kind of figure Sevco will be hit with from Astley? Are there any estimates going around ?

Won't be long before there is a Cry For Help......

[BoomtownHibees]

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Won't be long before there is a Cry For Help......

At least he’s never gonna give you up, never going to let you down

[HoboHarry]

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At least he’s never gonna give you up, never going to let you down

Oh here watch out, the pun Polis will Move Right Out of the shadows any time now.....

[HibbyDave]

Sports Direct share price fell by approx 25% following release of latest accounts.
Unsure who will “pop” first, them or Sevco?

[Ozyhibby]

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[Billy Whizz]

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Saw this on Sky last night, Alfredo has Gerrard and rangers over a barrel

[HoboHarry]

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Saw this on Sky last night, Alfredo has Gerrard and rangers over a barrel

I think it would be more factual to say that Sevco have bent themselves over a barrel.....

[jacomo]

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These tiresome ISA posters need a good PEP talk.

I’m losing interest.

[PatHead]

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Take it this is nothing to do with them being desperate on money?

[HoboHarry]

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Take it this is nothing to do with them being desperate on money?

I'm quite sure it is. I imagine Sevco are doing everything they possibly can to punt him....

[HoboHarry]

Statement o'clock again....

http://club1872.co.uk/news/club-1872...ct-litigation/

[Dalianwanda]

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Statement o'clock again....

http://club1872.co.uk/news/club-1872...ct-litigation/

Breaks my heart so it does.....

[HIGHLANDLEITHER]

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Statement o'clock again....

http://club1872.co.uk/news/club-1872...ct-litigation/

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.

[Deansy]

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Statement o'clock again....

http://club1872.co.uk/news/club-1872...ct-litigation/

'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 !

[HoboHarry]

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'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 !

Honestly I can't tell if they just burying their collective heads in the sand or if they simply don't understand the written word. It's all pretty clear to me......

[Iain G]

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Statement o'clock again....

http://club1872.co.uk/news/club-1872...ct-litigation/

Why are these people with an overinflated view of themselves not now called Club2012?

[Stonewall]

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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.

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.

[PatHead]

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Why are these people with an overinflated view of themselves not now called Club2012?

They obviously know that the club was founded in 2012 - when it suits.

[Joe6-2]

I bet Newcastle fans are delighted to be linked to that mob

[ancient hibee]

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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 think the damages are the "fine"for not sticking to the contract.The losses are the material losses suffered by Sports Direct.

[hibbyfraelibby]

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

[PatHead]

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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

Just like Hearts

[BigKev]

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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

Would the Belgian SD not be a separate company to the UK version in which case they'd just fold it if they couldn't pay the liability?