Generic Sevco / Rangers meltdown thread

**Geo_1875** · 25-11-2015 06:23 PM

Originally Posted by ehf

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In the "normal" business world, the dilemma for directors of a company which is teetering on the brink of insolvency is the risk of being found liable for "wrongful trading" if they carry on when the company has no reasonable propspect of paying its debts as they fall due, in which case the directors can be made personally liable for the debts. That won't worry most of the shysters on the Sevco board but I would imagine Stewart Robertson and one or two others will not be getting much sleep at the moment...

Why should they worry. The yams got away with trading while insolvent by declaring they were almost self-sufficient.

***Ozyhibby*** · 25-11-2015 06:31 PM

Originally Posted by CropleyWasGod

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Ozy !

Just been thinking about Court cases. Did the Charlotte Fakes guy have his day in Court?

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He has been charged but no trial date I think. He is said to be a witness in the Sevco 7 trial so maybe they have to wait for that first?

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***Ozyhibby*** · 25-11-2015 06:31 PM

Originally Posted by Geo_1875

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Why should they worry. The yams got away with trading while insolvent by declaring they were almost self-sufficient.

Everybody gets away with that as most companies who go bust have been trading while insolvent to some extent.

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***Ozyhibby*** · 25-11-2015 06:45 PM

Barry flaunting his lack of intelligence.

http://www.dailyrecord.co.uk/sport/f...ox-war-6785032

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***Carheenlea*** · 25-11-2015 06:53 PM

This thread is plentiful in posts, but of few posters. I'm sure I'm not alone in occasionally looking in then clicking out none the wiser to what is going on - at least the small band of hardy contributors appear to have some grasp of it all!

***Eyrie*** · 25-11-2015 06:59 PM

Originally Posted by CropleyWasGod

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It's the thought of a megalomaniac sending a bomber to Russia that worries me.

You need to learn to stop worrying and love the Bomber.

It's a strange love though.

**~~Deansy~~** · 25-11-2015 07:04 PM

Originally Posted by Ozyhibby

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Barry flaunting his lack of intelligence.

http://www.dailyrecord.co.uk/sport/f...ox-war-6785032

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Bazza -

'If it’s not the tax case then it’s the ongoing battle between Mike Ashley and Dave King – a fight which is now making the Sports Direct boss look ridiculous'

Yeah, Ashley's the one looking ridiculous, Baz - you're STILL the intellectual, thinking man's footballer you always were .............

***greenginger*** · 25-11-2015 07:07 PM

Originally Posted by steakbake

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It will have been for some kind of shifty purpose, almost guaranteed. We'll never know. The fact that people are suspicious says a lot about the way footie is run.

Just realised tomorrow is last Thursday of the month, pay day at the Big Hoose.

They have only had one home game since last payday, against Alloa.

What's the chances the Lying King was at SPFL offices to explain some of the wage packets will be somewhat light, but its just a temporary glitch in their system.

**fat freddy** · 25-11-2015 07:08 PM

Originally Posted by Carheenlea

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This thread is plentiful in posts, but of few posters. I'm sure I'm not alone in occasionally looking in then clicking out none the wiser to what is going on - at least the small band of hardy contributors appear to have some grasp of it all!

Quality over Quantity... I, a mere novice in financial affairs, tune in every day, the links are always very informative and the input from the regulars is sufficient to keep me updated on all the latest developments. No need for comments from the likes of me, I just enjoy the show as I'm sure many other do. It's utterly compelling. I seldom watch telly or read papers anymore, my wife has left me, my kids ignore me, my boss wonders what I do all day. If only they knew what we all know...Keep up the good work Lads

***Spike Mandela*** · 25-11-2015 07:09 PM

Originally Posted by Ozyhibby

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Barry flaunting his lack of intelligence.

http://www.dailyrecord.co.uk/sport/f...ox-war-6785032

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The heroic Mr King could of course pay back Ashley to get him out of Rangers hair, in fact Bazza why don't you take the lead and pay back the tax you evaded from Her Majesty's revenue and customs.

Rangers don't do paying back.

***jacomo*** · 25-11-2015 07:11 PM

Originally Posted by Ozyhibby

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Barry flaunting his lack of intelligence.

http://www.dailyrecord.co.uk/sport/f...ox-war-6785032

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Oh dear.

Here's the questions you need to ask, Baz.

Why did Dave King set out to publicly humiliate Ashley by lining up votes against him at an AGM and getting his men chucked off the board?

Why does he not pay Ashley back his £5m loan?

Why did he tell fans to boycott Rangers Retail when he knows full well that all he need do to improve the deal is pay back that £5m?

King has played power games with Ashley in public, refuses to pay back a loan, and is wondering why the big guy is p***ed off?

**leither17** · 25-11-2015 07:12 PM

Originally Posted by fat freddy

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Quality over Quantity... I, a mere novice in financial affairs, tune in every day, the links are always very informative and the input from the regulars is sufficient to keep me updated on all the latest developments. No need for comments from the likes of me, I just enjoy the show as I'm sure many other do. It's utterly compelling. I seldom watch telly or read papers anymore, my wife has left me, my kids ignore me, my boss wonders what I do all day. If only they knew what we all know...Keep up the good work Lads

Exactly where I am too you learn plenty from this thread

***Ozyhibby*** · 25-11-2015 07:13 PM

For balance.......and cause it's funny.

http://wp.me/p6pBEY-1l

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**Treadstone** · 25-11-2015 07:50 PM

Originally Posted by Ozyhibby

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For balance.......and cause it's funny.

http://wp.me/p6pBEY-1l

Fair play. The prose is spot on.(on the Phil piss take)

***Jack*** · 25-11-2015 07:58 PM

Originally Posted by greenginger

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Just realised tomorrow is last Thursday of the month, pay day at the Big Hoose.

They have only had one home game since last payday, against Alloa.

What's the chances the Lying King was at SPFL offices to explain some of the wage packets will be somewhat light, but its just a temporary glitch in their system.

I'm sure those on the payroll won't mind so long as those at ibroke get paid.

They don't have a game for a couple of weeks so that will save on referees bills.

**~~God Petrie~~** · 25-11-2015 08:02 PM

Originally Posted by Treadstone

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Fair play. The prose is spot on.(on the Phil piss take)

Seemed like absolute rambling drivel to me.

He may as well have written "Dave King may be dodgy but Ashley is also dodgy because zero hour contracts, Dave King said Ashley could lose squillions so it must be true, were still going to win the SPL next year. We arra peepul. no popery"

***O'Rourke3*** · 25-11-2015 08:16 PM

Originally Posted by God Petrie

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Seemed like absolute rambling drivel to me.

He may as well have written "Dave King may be dodgy but Ashley is also dodgy because zero hour contracts, Dave King said Ashley could lose squillions so it must be true, were still going to win the SPL next year. We arra peepul. no popery"

Should that not read no pot pourri?

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**brog** · 25-11-2015 08:24 PM

Originally Posted by Hibee87

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Am I understanding the last paragraph correctly in saying that, albeit rumors at this stage, greens plea for legal fees will be paid? so any money raised by rangers form loans, as hinted in the evening times, may come form the supporters (500k) would instantly be siphoned off to green and his legal team? and obviously if they decide to not provide some funding, it will need to come from somewhere within the current rangers set up? if so it all seems very pleasing

Originally Posted by Ozyhibby

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Barry flaunting his lack of intelligence.

http://www.dailyrecord.co.uk/sport/f...ox-war-6785032

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Thats a 3 week old article, not that it really changes anything! The Ferguson brothers, Scotland's answer to Jedward!

***CropleyWasGod*** · 25-11-2015 08:30 PM

Originally Posted by Ozyhibby

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He has been charged but no trial date I think. He is said to be a witness in the Sevco 7 trial so maybe they have to wait for that first?

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Cheers.

His story may well be worth a series all of its own.

**PatHead** · 25-11-2015 09:09 PM

Originally Posted by Ozyhibby

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Barry flaunting his lack of intelligence.

http://www.dailyrecord.co.uk/sport/f...ox-war-6785032

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I said a few days ago that there was a slight change in the MSM whilst they work out who will be running the place next year at this time. Douglas (ireland) Park is holding the carving knife just now. Depends on who is at the table.

***livi hibs 1875*** · 25-11-2015 09:31 PM

Guys please answer a question . Real Madrid are in 750 million in debt on the president set here by rankers sevco or who ever they are , why can't they or anyone else just go into administration lose the debt buy the history the ground the ....bla bla bla.......... and then just start all over again , everyone knows the answer ,so why is it the sevconians think it's ok ?,that's before all the tax case and all the rest of it.

***CropleyWasGod*** · 25-11-2015 09:38 PM

Originally Posted by livi hibs 1875

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Guys please answer a question . Real Madrid are in 750 million in debt on the president set here by rankers sevco or who ever they are , why can't they or anyone else just go into administration lose the debt buy the history the ground the ....bla bla bla.......... and then just start all over again , everyone knows the answer so why is the sevconians think it's ok ,that's before all the tax case and all the rest of it.

What is the answer?

**jgl07** · 25-11-2015 09:42 PM

Originally Posted by Jim44

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The thread on FF questioned the dickhead reporter asking awkward questions of Lying King, till someone said it was Richard Wilson, an ally of Sevco. Cue embarrassing backtracking.

Richard Wilson: I don't belieeeve it!

**monktonharp** · 25-11-2015 10:14 PM

Page 1066, on this thread. we could start a tapestry about the rise and fall of fitba' teams.

***jacomo*** · 25-11-2015 10:31 PM

Originally Posted by monktonharp

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Page 1066, on this thread. we could start a tapestry about the rise and fall of fitba' teams.

Good spot.

What fate will befall the King? It's been an epic saga but I feel the latest would be conquering hero might be close to defeat.

**steakbake** · 25-11-2015 10:33 PM

Originally Posted by greenginger

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Just realised tomorrow is last Thursday of the month, pay day at the Big Hoose.

They have only had one home game since last payday, against Alloa.

What's the chances the Lying King was at SPFL offices to explain some of the wage packets will be somewhat light, but its just a temporary glitch in their system.

That was one thought: "see that penalty for not paying players? When precisely does that kick in? Like exactly - at what point does it become relevant?"

**monktonharp** · 25-11-2015 10:35 PM

Originally Posted by jacomoseven

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Good spot.

What fate will befall the King? It's been an epic saga but I feel the latest would be conquering hero might be close to defeat.

Every Dynasty has it's sell by date.

***Jim44*** · 25-11-2015 11:53 PM

Originally Posted by jgl07

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Richard Wilson: I don't belieeeve it!

Well they have got one foot in the grave after all.

**~~Deansy~~** · 25-11-2015 11:58 PM

It's going to be very interesting when, not if, everything goes t**s-up for the Hun and the Mongol-hordes who, right until the very end by the sounds of them, realise everything they've NOT been told by the likes of the r*tard, the sun, Weegie herald, BBC, etc becomes FACT !!!!. Right now, reading the likes of 'mong-media', they are CONVINCED King is going to prevail - exciting times ahead for all concerned with the SMSM !!

The Hun are my favourites to win my newest fan-trophy in Scottish Football - the DCIF Cup ..... Dumbest xxxxx In Football