Generic Sevco / Rangers meltdown thread

[Kavinho]

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At this rate I can see sevco doing a 'Blackpool' next season.

**crosses fingers**

Better not laugh too loud, or you'll be hit with a20k defamation suit!

[Benny Brazil]

http://www.scotsman.com/sport/footba...tion-1-3799720

Love the Rankgers First spokesman's comment in this article - “I would like to see Mike Ashley actually open up his eyes and see that we are a worldwide massive team."

[jacomo]

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http://www.scotsman.com/sport/footba...tion-1-3799720

Love the Rankgers First spokesman's comment in this article - “I would like to see Mike Ashley actually open up his eyes and see that we are a worldwide massive team."

Fascinating stuff. Ashley demands a General Meeting (he must already know he hasn't got enough support to pass any resolutions) and drags The Rangers to court the day before, all of which is costing the club yet more money.

King has made a big enemy here.

[Haymaker]

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Fascinating stuff. Ashley demands a General Meeting (he must already know he hasn't got enough support to pass any resolutions) and drags The Rangers to court the day before, all of which is costing the club yet more money.

King has made a big enemy here.

A big enemy with deep, deep, deep pockets.

[KeithTheHibby]

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A big enemy with deep, deep, deep pockets.

They should just give him his 5m quid back then off he goes never to be seen again. Oh wait...

[Jack]

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A big enemy with deep, deep, deep pockets.

He doesn't need deep, deep, deep pockets. If sevco break agreements all Ashley has to do it take them to court again and again until they realise he has them done up like a kipper and sevco pick up the legal bill.

[Ronniekirk]

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http://www.scotsman.com/sport/footba...tion-1-3799720

Love the Rankgers First spokesman's comment in this article - “I would like to see Mike Ashley actually open up his eyes and see that we are a worldwide massive team."

When king first took over he was at pains to labour the point he would sit down with Ashley and try and work something out ,but very quickly it became all about how Ashley had stitched up the club and the supporters .
Any chance he had of trying to renegotiate contracts in Rangers favour ,but keep Ashley on board ,on basis that at present he isn't maximising profit ,as fans world wide are boycotting buying official merchandise because of Ashley are now Gone I think , unless King climbs down . But the danger was two big ego s would go head to head ,and it would end up with court and added expense for Rangers . Intersting to see what tact the meeting now takes today . Will king continue to castigate Ashley ,trying to appeal to the rangers support that he (king )is the good guy ,and its Ashley that's holding the club to ransom ,and blocking him starting the rebuilding job that's needed ,or will he hold out an Olive Branch and hope Ashley gets back round the table with him .Interesting side show diverting away from fact they haven't yet appointed new manager and started building a squad for next season yet . Can't wait for the next instalment

[Bostonhibby]

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http://www.scotsman.com/sport/footba...tion-1-3799720

Love the Rankgers First spokesman's comment in this article - “I would like to see Mike Ashley actually open up his eyes and see that we are a worldwide massive team."

World wide massive? Deary me. They've existed about 4 years and the highest they've been is third in the second tier of Scottish football and they filled their stadium once last season.
They will be calling themselves "the famous" next.

[jacomo]

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When king first took over he was at pains to labour the point he would sit down with Ashley and try and work something out ,but very quickly it became all about how Ashley had stitched up the club and the supporters .
Any chance he had of trying to renegotiate contracts in Rangers favour ,but keep Ashley on board ,on basis that at present he isn't maximising profit ,as fans world wide are boycotting buying official merchandise because of Ashley are now Gone I think , unless King climbs down . But the danger was two big ego s would go head to head ,and it would end up with court and added expense for Rangers . Intersting to see what tact the meeting now takes today . Will king continue to castigate Ashley ,trying to appeal to the rangers support that he (king )is the good guy ,and its Ashley that's holding the club to ransom ,and blocking him starting the rebuilding job that's needed ,or will he hold out an Olive Branch and hope Ashley gets back round the table with him .Interesting side show diverting away from fact they haven't yet appointed new manager and started building a squad for next season yet . Can't wait for the next instalment

It might be too late already. King called a GM himself to kick Ashley's people off the board. If you are demanding public meetings then I would say negotiations have failed.

[Jim44]

Unless I am misinterpreting things, it appears that the massive drop in sales worldwide is being attributed to Ashley's involvement. That probably contributes to their problem but could it not be that sales have dropped mainly because they became a crappy, wee 2nd division club through spectacular mismanagement and have only managed ( maybe that should again be mismanaged ) to crawl back to a position where they could once again re-enter the top tier. Is this stigma, ignominy and years in obscurity not the reason for the loss of loyalty?

[J-C]

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World wide massive? Deary me. They've existed about 4 years and the highest they've been is third in the second tier of Scottish football and they filled their stadium once last season.
They will be calling themselves "the famous" next.

Forget about this 4 years existence nonsense as we all know it's bull and it's something we have a wee dig at them over but in reality it's the same Rangers as before, nothing has changed, we all still know how deluded they are.

[grunt]

When does the game start today? And who is commentating on Twitter?

[Bostonhibby]

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Forget about this 4 years existence nonsense as we all know it's bull and it's something we have a wee dig at them over but in reality it's the same Rangers as before, nothing has changed, we all still know how deluded they are.

Different legal entity, different business as a result of a deliberate decision to liquidate the old business. I prefer to recognise this.

It seems that it's only in football the effect of liquidation can be ignored. Choosing not to ignore it acknowledges how they walked away from their debt so it's churlish not to highlight that the cost of doing this is that the previous entity is gone. It's how liquidation in the UK works.

[CropleyWasGod]

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Different legal entity, different business as a result of a deliberate decision to liquidate the old business. I prefer to recognise this.

It seems that it's only in football the effect of liquidation can be ignored. Choosing not to ignore it acknowledges how they walked away from their debt so it's churlish not to highlight that the cost of doing this is that the previous entity is gone. It's how liquidation in the UK works.

They bought and retained the brand,though, in all its "glory".

[s.a.m]

The Davester will not be in attendance, apparently.

[s.a.m]

...and:
Herald Scotland‏@heraldscotland 55s56 seconds ago BREAKING: Mike Ashley's gagging order on Rangers extended to Scotland http://www.heraldscotland.com/news/home-news/mike-ashleys-gagging-order-on-rangers-has-no-teeth-in-scotland-says-leading-solicitor.128765846…

[Callum_62]

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When does the game start today? And who is commentating on Twitter?

http://www.dailyrecord.co.uk/sport/f...-ibrox-5859223

[greenginger]

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...and:
Herald Scotland‏@heraldscotland 55s56 seconds ago BREAKING: Mike Ashley's gagging order on Rangers extended to Scotland http://www.heraldscotland.com/news/home-news/mike-ashleys-gagging-order-on-rangers-has-no-teeth-in-scotland-says-leading-solicitor.128765846…

Has has he asked for legal cost from our courts too ?

[grunt]

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http://www.dailyrecord.co.uk/sport/f...-ibrox-5859223

Not much of a war if one side doesn't turn up.

BBCBMcLauchlin ‏@BBCBMcLauchlin6m6 minutes agoGlasgow, Scotland Rangers chairman Dave King will NOT be attending this mornings EGM at Ibrox. #bbcsportscot

[Keith_M]

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...and:
Herald Scotland‏@heraldscotland 55s56 seconds ago BREAKING: Mike Ashley's gagging order on Rangers extended to Scotland http://www.heraldscotland.com/news/home-news/mike-ashleys-gagging-order-on-rangers-has-no-teeth-in-scotland-says-leading-solicitor.128765846…

That article just replaced an earlier one where The Herald interviewed some 'expert' explaining how the Gagging Order didn't apply in Scotland.

They've now had to make an embarrassing U-Turn and change both the headline and article after a number of people pointed out the COS decision in the comments section.

The previous comments pointing it out are still there, for now ;)



What a ballsup by The Herald

[JeMeSouviens]

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Forget about this 4 years existence nonsense as we all know it's bull and it's something we have a wee dig at them over but in reality it's the same Rangers as before, nothing has changed, we all still know how deluded they are.

It's the same set of supporters in the same stadium but supporting a different club. This might have been fudged beyond belief by our footballing authorities in a desperate effort to cling to the comfort blanket of the blue pound , but it's still the truth.

[Bostonhibby]

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They bought and retained the brand,though, in all its "glory".

Yep the four year old new boys bought that part of the now defunct glasgow rangers they could only do it because they ceased to exist. If they really still existed they could have saved a few quid by not picking over the carcass and buying the"name".That went well!

[Off the bar]

From the BBC article today

'the board also want shareholders to consider removing the voting rights of shareholders who own stakes in other clubs and a renegotiation of the club's arrangement with Sports Direct.'

Along with voting to not repay mash the money, it's going to be an interesting egm!

[Alan62]

So they're looking to change their articles of association to penalise minority shareholders? That'll be an easy process then. Not. It's sad to think that there will be a time in the future when The Rangers don't provide the close season entertainment. It could be a while away, right enough, but it'll happen one day ...

[jacomo]

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http://www.dailyrecord.co.uk/sport/f...-ibrox-5859223

Can't help but feel Keith Jackson is backing the wrong horse. Again.

The tone of the coverage is clear: 'Ashley goes to war' and 'King hits back' is code for 'Dave King is the hero trying to fight for Rangers'.

But it's not true. It was King who started the 'war'. Ashley, having negotiated a very good deal with the Chuckie Green regime, is now defending his interests.

If this turns into a protracted battle to the death, there is only one winner. Ashley could see shirt sales drop to zero and still not give a f***. Dave King seems less impressive with each passing day.

[Ozyhibby]

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Can't help but feel Keith Jackson is backing the wrong horse. Again.

The tone of the coverage is clear: 'Ashley goes to war' and 'King hits back' is code for 'Dave King is the hero trying to fight for Rangers'.

But it's not true. It was King who started the 'war'. Ashley, having negotiated a very good deal with the Chuckie Green regime, is now defending his interests.

If this turns into a protracted battle to the death, there is only one winner. Ashley could see shirt sales drop to zero and still not give a f***. Dave King seems less impressive with each passing day.

He def won't give a flying one as new Rangers are contracted to buy unsold stock.

[Geo_1875]

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He def won't give a flying one as new Rangers are contracted to buy unsold stock.

Who the **** signed off on that deal? Sounds like a Celtc fan taking the piss.

[southern hibby]

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From the BBC article today

'the board also want shareholders to consider removing the voting rights of shareholders who own stakes in other clubs and a renegotiation of the club's arrangement with Sports Direct.'

Along with voting to not repay mash the money, it's going to be an interesting egm!

If they remove the voting rights of shareholders with shares in other teams. How hard would it be for MA, to give his sell his shares to a mate ( for a pound) and then letting him vote ( wink wink ).

GGTTH

[jacomo]

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If they remove the voting rights of shareholders with shares in other teams. How hard would it be for MA, to give his sell his shares to a mate ( for a pound) and then letting him vote ( wink wink ).

GGTTH

As they can out vote him now anyhow, is it not needlessly antagonistic?

King talks about a renegotiating 'holistic' relationship with Sports Direct, then does what he can to p*** MA off. Seems like an amateur.

[grunt]

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If they remove the voting rights of shareholders with shares in other teams. How hard would it be for MA, to give his sell his shares to a mate ( for a pound) and then letting him vote ( wink wink ).

GGTTH

Isn't there some issue about this rule, which I think is an SFA rule? MA owns shares in an English FA club, and it is unclear how SFA rules could be applied to owning shares in another FA's club. Also, I understand the English FA has no such dual ownership rules?

I could be completely and utterly wrong.