Generic Sevco / Rangers meltdown thread

[CropleyWasGod]

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http://www.sfm.scot/sfm-the-next-ste...-25/?cid=56311

Seems a a reasonable assessment and if nothing else suggests that King is a very wealthy individual [suggests a net worth of £26M], but not on the scale that TRFC need. Others with better financial knowledge may be able to comment.

I realise that the author may not be absolutely impartial

Interesting article. The guy seems to have done a fair bit of homework.

I'm not going to get all forensic on his own forensics, but if £26m is what he has available in cash, there's no way he is going to, or should, invest much more than a drop of that in TRFC.

[ancient hibee]

Goldman Sachs are on the Ashley payroll-don't think he'll miss many tricks.As an example Rangers were shouting about how they were going to reveal the retail offshoot arrangements-they've been warned off.

[emerald green]

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Rangers board to ignore Mike Ashley loan demand
http://www.scotsman.com/sport/footba...mand-1-3792217

How is that even possible?

This strategy (joke) of choosing what debts to pay, and which not, worked out well for the oldco the last time.

When they didn't have a pot to p*** in they go crawling for cash to keep the lights on, but now when the terms don't seem so good anymore they welch on the deal.

Same old newco, just like oldco.

[jacomo]

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http://www.sfm.scot/sfm-the-next-ste...-25/?cid=56311

Seems a a reasonable assessment and if nothing else suggests that King is a very wealthy individual [suggests a net worth of £26M], but not on the scale that TRFC need. Others with better financial knowledge may be able to comment.

I realise that the author may not be absolutely impartial

Barcabhoy

Pure guess work as to how much money King has got, but if remotely accurate he won't be able to sink £30m in as he once claimed he would do.

[grunt]

Sunday. The second sentence appears incomplete.

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Rangers will name new manager on Friday

Rangers director Paul Murray has revealed that the club will name its new manager on Friday. Stuart McCall, the interim manager since Kenny McDowall stepped down in March.
McCall remains in the frame for the job, but Mark Warburton has been installed as favourite by bookmakers. Alex McLeish is also understood to be in the running.
The announcement will coincide with a controversial meeting held by Mike Ashley which will ask shareholders whether the club should repay his £5 million loan.

[CropleyWasGod]

Another hatchet job on King?

https://rangerssupportersloyal.wordp.../#comment-1381

[AlbertK86]

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Another hatchet job on King? https://rangerssupportersloyal.wordp.../#comment-1381

Smashing read !!

Looks like there may be some fun to be had in the weeks ahead !!

[gaz1875]

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Another hatchet job on King?

https://rangerssupportersloyal.wordp.../#comment-1381

Interesting if true, which I wouldn't doubt by King's absence

[s.a.m]

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Smashing read !!

Looks like there may be some fun to be had in the weeks ahead !!

What's the 'vigorous legal action after June 12th'? Apologies if I've missed something obvious...

[grunt]

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What's the 'vigorous legal action after June 12th'? Apologies if I've missed something obvious...

Presumably from Mike Ashley once he's formally told after the GM on 12 June that he's not getting his loan repaid?

[s.a.m]

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Presumably from Mike Ashley once he's formally told after the GM on 12 June that he's not getting his loan repaid?

Ahh..

[greenlex]

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Another hatchet job on King?

https://rangerssupportersloyal.wordp.../#comment-1381

That was a pleasant few minutes reading.

[bingo70]

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That was a pleasant few minutes reading.

Is it not just the ramblings of a pissed off hun rather than anything that's actually likely to happen though?

[AlbertK86]

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Is it not just the ramblings of a pissed off hun rather than anything that's actually likely to happen though?

Sounded a it more educated than yer average sevconian.... But that ain't hard mind !!

[Deansy]

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Rangers board to ignore Mike Ashley loan demand
http://www.scotsman.com/sport/footba...mand-1-3792217

How is that even possible?

Sadly, 'The Scotsman' these days is nothing more than an East Coast version of the 'Daily R*tard' - the headline shoud say 'Rangers board WOULD LIKE/PREFER to ignore Mike Ashley loan demand' but it can't, it can only ASK it's shareholders. Ok, it's highly unlikely they would agree to it as they haven't tippled that King as just the latest crook (albeit a proven one) to be in charge and so is currently more popular than MA but the headline is just another 'WE'RE RANGERS - WE DECIDE' ego-massage for the moron-loyal.

[Jack Hackett]

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Is it not just the ramblings of a pissed off hun rather than anything that's actually likely to happen though?

The ramblings of a pissed off hun not impressed with the happy clappy persona the vast majority of the illiterate hordes have lined up behind. As Albert says, he seems more 'educated' shall we say, than the average zombie...he even manages to do the whole post without mentioning caffliks or using gutter language. I love it when there's only a handful in a crowd who can smell the smell the ****, but can't stop the headlong rush to dive in.

[Deansy]

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Another hatchet job on King?

https://rangerssupportersloyal.wordp.../#comment-1381

'In the mist of all this'

Haven't a foggy (I know - ) what he/she/it means, presumably 'MIDST' was the aim ?

Love it when the Hun gets use of a PC and has to communicate with words rather than grunts - they must think it somehow disguises the damage/affliction caused by generations of in-breeding !!.

[grunt]

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Love it when the Hun gets use of a PC and has to communicate with words rather than grunts - they must think it somehow disguises the damage/affliction caused by generations of in-breeding !!.

It could just have been a typo ...

[Iggy Pope]

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Sadly, 'The Scotsman' these days is nothing more than an East Coast version of the 'Daily R*tard' - the headline shoud say 'Rangers board WOULD LIKE/PREFER to ignore Mike Ashley loan demand' but it can't, it can only ASK it's shareholders. Ok, it's highly unlikely they would agree to it as they haven't tippled that King as just the latest crook (albeit a proven one) to be in charge and so is currently more popular than MA but the headline is just another 'WE'RE RANGERS - WE DECIDE' ego-massage for the moron-loyal.

Totally unrelated to the financial shenanigans, but a couple of weeks back the Blue Order rolled out one of their cringe worthy 'wordy' banners. One that blabbed on about "no true Ranger ever failed in the traditions etc etc blah blah blah"
When I asked my resident hun colleague about that Motherwell effort that looped over Cummy Welt's heid, he reckoned that Cummy was 'worried about the post behind him'...oh how I scoffed about these True Rangers'. The Iron Curtain must be spinning in their graves.

[eezyrider]

Derek Mcinnes apparently has just been confirmed as manager. The man's insane if true.

EZ

[bingo70]

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Derek Mcinnes apparently has just been confirmed as manager. The man's insane if true.

EZ

No chance. Where are you hearing that?

[Sergey]

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Derek Mcinnes apparently has just been confirmed as manager. The man's insane if true.

EZ

Fill your pockets - he can be backed at 7/1 with Will Hills.

It looks like Warburton is a shoo-in for the gig.

[Iggy Pope]

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Derek Mcinnes apparently has just been confirmed as manager. The man's insane if true.

EZ

Have you read the whole Facebook thread thing? Dinnae be daft.

[hibees 7062]

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Derek Mcinnes apparently has just been confirmed as manager. The man's insane if true.

EZ

The Rangers will win playoffs -Advocaat resigns

The Rangers don't win playoffs - Advocaat re signs

Hmmm only for a year though . What price is he ?

[HoboHarry]

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The Rangers will win playoffs -Advocaat resigns

The Rangers don't win playoffs - Advocaat re signs

Hmmm only for a year though . What price is he ?

Advocaat with no budget? Not going to happen.

[hibees 7062]

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Advocaat with no budget? Not going to happen.

They'll have money if they go up

[HoboHarry]

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They'll have money if they go up

I agree. - that's what meant with my first comment

[ian cruise]

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Derek Mcinnes apparently has just been confirmed as manager. The man's insane if true.

EZ

That the post on Gramo's Facebook? I almost fell for it too.

[Leithenhibby]

Live press conference from King

http://news.stv.tv/west-central/1322...-clubs-future/

[Keith_M]

So, The Rangers budget is based on ST Sales and a loan from Sports Direct.

Where's the big investment?



"However, he said the club's budget would be dependent on season ticket uptake and the Sports Direct loan."

Herald