Generic Sevco / Rangers meltdown thread

[Ozyhibby]

People get things wrong all the time. It's no big deal.
I've been overly optimistic about Hibs prospects for 5 years now. I'm big enough to admit I was wrong.
This year I'm on track to call it spot on although there is still time for us to go on a great run and win the play offs to promotion and make me look overly pessimistic this year.
C'mon Hibs, make a dick of me again.

[CropleyWasGod]

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What a brass neck!

"Rangers rejected American Robert Sarver's £18m buy-out offer but then asked the banker for a short-term loan to help them out of their financial troubles. (Star)"

I can see their point.

They're trying to buy time, by whatever means possible. If that means asking the Sun King for a loan, in the hope that he will buy into the share issue, it's worth a shot.

That said, if I were him, I'd tell them to stick it where his basketball team doesn't shine.

[ancient hibee]

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Even the Sun King (no relation to Dave) in Arizona?

I read that Ashley's net wealth is £2.5 billion which makes it all more surprising that he can be bothered with a tuppence ha'penny outfit up here.On the other hand it's maybe doing that sort of thing that's made him worth £2.5 billion in the first place.

[jacomo]

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I read that Ashley's net wealth is £2.5 billion which makes it all more surprising that he can be bothered with a tuppence ha'penny outfit up here.On the other hand it's maybe doing that sort of thing that's made him worth £2.5 billion in the first place.

I really have no idea what life is like with that amount of wealth but they do say that very rich people don't get that way by being reckless with their money.

[AndyM_1875]

Sarver increases his bid to £20m and offers short term credit help.

http://www.bbc.co.uk/sport/0/football/30722155

You would think they'll accept...... but of course being this whole Rangers pantomime...... who knows?

[Callum_62]

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Sarver increases his bid to £20m and offers short term credit help.

http://www.bbc.co.uk/sport/0/football/30722155

You would think they'll accept...... but of course being this whole Rangers pantomime...... who knows?

really do wonder what the motivations are

will definately get them out of the immediate large hole they are in

Hopefully it drags on till much later in the transfer window

Altho, dont imagine due diligence etc will be a short procedure

[Ronniekirk]

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Sarver increases his bid to £20m and offers short term credit help.

http://www.bbc.co.uk/sport/0/football/30722155

You would think they'll accept...... but of course being this whole Rangers pantomime...... who knows?

He is clearly serious about wanting Iin ,and appears to have the money and business acumen to be a serious player ,but if there has been no discussions until the last few weeks it's hard to see how Ashley will just accept being bought out with first offer . If we assume if he is prepared to walk away he will want top Dollar
The offer of immediate payment of 6 point 5 million to get them debt free is in the form of a Loan so without knowing conditions attached to that it wouldn't make them Debt free
But a. Beginning to wonder if our 4 0 humiliation of them has been a wake up call and the Board realise that to get promotion they need this new investment and need to getthieract together . Or is it just a case that it's become clearer what a financial mess they are in and everyone who wants a piece of the action if they return to top league are now starting to show there hand now so that if they aren't eventually at the top table so to speak they can at least make a financial profit out of whoever does come out on top in current power Struggle

[Moulin Yarns]

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He is clearly serious about wanting Iin ,and appears to have the money and business acumen to be a serious player ,but if there has been no discussions until the last few weeks it's hard to see how Ashley will just accept being bought out with first offer . If we assume if he is prepared to walk away he will want top Dollar
The offer of immediate payment of 6 point 5 million to get them debt free is in the form of a Loan so without knowing conditions attached to that it wouldn't make them Debt free
But a. Beginning to wonder if our 4 0 humiliation of them has been a wake up call and the Board realise that to get promotion they need this new investment and need to getthieract together . Or is it just a case that it's become clearer what a financial mess they are in and everyone who wants a piece of the action if they return to top league are now starting to show there hand now so that if they aren't eventually at the top table so to speak they can at least make a financial profit out of whoever does come out on top in current power Struggle

Love this talk of 'debt free'. He is lending them £6.5 million, that has to be repaid, so is a debt!!

[andrew70]

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He is clearly serious about wanting Iin ,and appears to have the money and business acumen to be a serious player ,but if there has been no discussions until the last few weeks it's hard to see how Ashley will just accept being bought out with first offer . If we assume if he is prepared to walk away he will want top Dollar
The offer of immediate payment of 6 point 5 million to get them debt free is in the form of a Loan so without knowing conditions attached to that it wouldn't make them Debt free
But a. Beginning to wonder if our 4 0 humiliation of them has been a wake up call and the Board realise that to get promotion they need this new investment and need to getthieract together . Or is it just a case that it's become clearer what a financial mess they are in and everyone who wants a piece of the action if they return to top league are now starting to show there hand now so that if they aren't eventually at the top table so to speak they can at least make a financial profit out of whoever does come out on top in current power Struggle

Or Sarver is Ashley's man and his way of ensuring he keeps control. I certainly don't believe that Sarver is the Saviour as if he was, where has he been up until now? David Robertson and whoever else has apparently "alerted" him to this situation have been well aware of whats been going on for years. The Rangers fans who think this man is coming along and is going to make everything so much better for them are very much mistaken in my opinion.

[Ronniekirk]

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really do wonder what the motivations are

will definately get them out of the immediate large hole they are in

Hopefully it drags on till much later in the transfer window

Altho, dont imagine due diligence etc will be a short procedure

Due diligence is a fine principall but as we have seen with this ongoing shabby fiasco it doesn't seem toga e stopped people getting control who have turned out to be fraudsters and don't have the Clubs best interests at heart Whyte Green Easdales and Ashley have hardly taken the club forward Plenty are and have made money out the Clubs predicament and no one to date has been able to stop that .Whether this new guy can is not clear and he may be willing to bail them out with a view to getting money back with interest further down the line and allowing as he puts it local business men to become involved like the three bears for eg but you have to wonder at this stage why he would be such a Philanthropist so would expect this to run a while yet

[Kavinho]

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Or Sarver is Ashley's man and his way of ensuring he keeps control. I certainly don't believe that Sarver is the Saviour as if he was, where has he been up until now? David Robertson and whoever else has apparently "alerted" him to this situation have been well aware of whats been going on for years. The Rangers fans think this man is coming along and is going to make everything so much better for them are very much mistaken in my opinion.

Don't know likes..
Think it's far too early to be that definite in an opinion.

At the end of the day, multiple American franchise owner (2?!), commercially aware, and a Banker to boot.

My thoughts are that He'll be looking at Rangers in much the same way the Glazers looked at Man U.

[AndyM_1875]

Sarver has no connection to Mike Ashley, andrew.

The Bluenoses I talk to think this season is gone anyway. Hearts consistency and Hibs ruthlessly dismantling Rangers twice has brought that fact crashing home to any doubters. They'll be in the Championship for another year on account of the simple fact that there are two better teams than them. Most accept that they are an absolute basket case right now both on and off the park. The bright spot is that the high contracts of Black, Shiels, Miller and McCulloch (players with no resale value) all run out in June.

If they are bought over and the correct work is done both behind the scenes and in terms of proper player recruitment (signings below a fixed level and all aged under 25) it gives then the chance to restructure and go for the Championship title in 2016.

[Spike Mandela]

Rangers fans only see £ signs and will get behind anybody the media attatches the biggest number to.

This guy is the latest saviour as was Bill Miller. Once he started 'looking under the bonnet' he walked away. Only a fool would throw money at Rangers imo.

[AndyM_1875]

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but you have to wonder at this stage why he would be such a Philanthropist so would expect this to run a while yet

I don't think he's a philanthropist at all Ronnie. He's an ambitious sports club owner who is perhaps looking to pick up on the cheap a club with a strong identity that will one day compete in the group stages of the Champions League. With the best will in the world that's only going to happen with 2 clubs in Scotland.

[Kavinho]

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He is clearly serious about wanting Iin ,and appears to have the money and business acumen to be a serious player ,but if there has been no discussions until the last few weeks it's hard to see how Ashley will just accept being bought out with first offer . If we assume if he is prepared to walk away he will want top Dollar
The offer of immediate payment of 6 point 5 million to get them debt free is in the form of a Loan so without knowing conditions attached to that it wouldn't make them Debt free
But a. Beginning to wonder if our 4 0 humiliation of them has been a wake up call and the Board realise that to get promotion they need this new investment and need to getthieract together . Or is it just a case that it's become clearer what a financial mess they are in and everyone who wants a piece of the action if they return to top league are now starting to show there hand now so that if they aren't eventually at the top table so to speak they can at least make a financial profit out of whoever does come out on top in current power Struggle

Its the 2nd offer, as he's upped it to 20mil from 18m, but in any event, it's for the board to recommend the offer, and if they do put it to all shareholders to vote on, with a requirement of 75% in favour to pass it.

Ashley owns c9%.

[CropleyWasGod]

Keith Jackson's take on the current situation:-

http://www.dailyrecord.co.uk/sport/f...battle-4941494

[Weststandwanab]

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Keith Jackson's take on the current situation:-

http://www.dailyrecord.co.uk/sport/f...battle-4941494

As I said the most likely change this week is an insolvency event

[jacomo]

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Keith Jackson's take on the current situation:-

http://www.dailyrecord.co.uk/sport/f...battle-4941494

The Daily Ranger are now interviewing one of their journos as if he was an expert commentator? Is this a new low?

The irony is that Mike Ashley's wealth genuinely is 'off the radar' - has Jackson noticed?

[CropleyWasGod]

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The Daily Ranger are now interviewing one of their journos as if he was an expert commentator? Is this a new low?

The irony is that Mike Ashley's wealth genuinely is 'off the radar' - has Jackson noticed?

Jackson's take on the situation is as valid as anyone else's. No-one outside the Big House actually knows what's going on.

I was quite sympathetic to Jackson in Armageddon 1. He was one of the few of the MSM who were actually making noises about Whyte.

[Jack Hackett]

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Jackson's take on the situation is as valid as anyone else's. No-one outside the Big House actually knows what's going on.

I was quite sympathetic to Jackson in Armageddon 1. He was one of the few of the MSN who were actually making noises about Whyte.

In a different league from his former colleague 'Jabba' Traynor. I wonder what the chubby freak is up to now?....Not that I care. I just hope it's something in line with his talents. Cleaning the bogs at a MaccaD somewhere hopefully

[Ozyhibby]

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In a different league from his former colleague 'Jabba' Traynor. I wonder what the chubby freak is up to now?....Not that I care. I just hope it's something in line with his talents. Cleaning the bogs at a MaccaD somewhere hopefully

Pr man for the 3 bears I think

[Deansy]

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http://www.bbc.co.uk/sport/0/football/30700561


Rangers have received some much-needed funds in the shape of cash owed to them by Dundee United for Charlie Telfer.
Just over £200,000 was paid by the Tannadice club on Tuesday followinga long battle over compensation for the 19-year-old midfielder.


kin boooo

Not just that but the Hun actually had the temerity to send Utd a REMINDER !! Behaviour akin to Nick Leeson sending a letter to 'Barings Bank' asking what's happened to his pension !! !!

http://forum.rangersmedia.co.uk/inde...owtopic=277948


Personally, if I was Stephen Thompson I'd plead 'Cash-flow problems/poverty' for the courts to arrange repayment at a piddling amount a week - a fiver would do !!

[Springbank]

Keith Jackson's piece.. Rangers had owners called green and whyte and now they have a NOMAD called Ireland

[jacomo]

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Jackson's take on the situation is as valid as anyone else's. No-one outside the Big House actually knows what's going on.

I was quite sympathetic to Jackson in Armageddon 1. He was one of the few of the MSM who were actually making noises about Whyte.

Most of the noises were of him back pedalling furiously after he realised that the guy he introduced to the Rangers fans as the Messiah wasn't quite all he seemed...

http://www.dailyrecord.co.uk/sport/football/craig-whyte-profile-the-scots-billionaire-1076110

[Smartie]

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Most of the noises were of him back pedalling furiously after he realised that the guy he introduced to the Rangers fans as the Messiah wasn't quite all he seemed...

http://www.dailyrecord.co.uk/sport/f...onaire-1076110

That article is one of my favourite "archive" newspaper articles of all time.

I wonder how Jackson feels when he reads that one back?

[Spike Mandela]

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That article is one of my favourite "archive" newspaper articles of all time.

I wonder how Jackson feels when he reads that one back?

Any credibility Jackson had exited stage left the day he wrote that piece.

The term "off the radar" will follow him to his grave.

[jacomo]

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That article is one of my favourite "archive" newspaper articles of all time.

I wonder how Jackson feels when he reads that one back?

I wonder the same about Jim Traynor and his ludicrous keyboard warrior spell as Director of Comms at Der Nueur Hun. So seething, so self-righteous, and so short lived once the people he was defending turned on him.

[BoomtownHibees]

Offering a £6.5m loan that needs to be repaid within 90 days? Where is that money going to come from, season ticket money??

[ScottB]

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Offering a £6.5m loan that needs to be repaid within 90 days? Where is that money going to come from, season ticket money??

I believe it would be converted into shares...

[NadeAteMyLunch!]

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I wonder the same about Jim Traynor and his ludicrous keyboard warrior spell as Director of Comms at Der Nueur Hun. So seething, so self-righteous, and so short lived once the people he was defending turned on him.

Ahh good old Jim Traynor, where is he hiding these days? Horrible creature