nsr Posted June 4, 2015 Share Posted June 4, 2015 We only surfer when we don't qualify for the champions league You can wave goodbye to that. Some no-marks from Eastern Europe will breaker you again. Then you'll be board with nothing to play for. 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted June 4, 2015 Share Posted June 4, 2015 Lol. Edited by bennett, Today, 21:44. Ffs! 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted June 4, 2015 Share Posted June 4, 2015 Lol ^^^^^^^ Fuckin' easy 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted June 4, 2015 Share Posted June 4, 2015 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted June 4, 2015 Share Posted June 4, 2015 (edited) Lol Edited June 4, 2015 by Henrik's tongue 0 Quote Link to comment Share on other sites More sharing options...
Doink Posted June 4, 2015 Share Posted June 4, 2015 David Leggatt Giving it to you straight 0 Quote Link to comment Share on other sites More sharing options...
Rinky Dink Posted June 4, 2015 Share Posted June 4, 2015 (edited) Some things have become apparent since the original Rangers went under:- The SFA and SFL had ( and still have) little or no integrity at the top (see desperate attempts to keep Rangers in top league/Div 1 at worst) Stewart Regan and Neil Doncaster have repeatedly looked like incompetent buffoons (cringeworthy armageddon episode ) The media are either as lacking in integrity as the SFA/SFL were or are simply corrupted by the myth that rangers are some kind of Scottish institution worthy of protection (see above and Dave King being fit and proper and lack of investigative journalism - even Tom English has disappointingly now become a BBC lapdog) They are still shit at football They still have an astonishing wage bill and squad for what they have actually achieved. Their support (in the main) still show an amazing lack of humility and a ridiculous sense of entitlement. Mike Ashley is holding at least a strong a hand as Dave King Most of us are enjoying their suffering and firmly believe they got off lightly in he first place. Supporters of diddy team's would not be in any way surprised if Scottish football was found to be corrupt in favour of the old firm throughout the last 4 decades. We are generally sick of hearing pundits stating that Scottish football needs rangers back at the top end of Scottish football challenging celtic.What it needs is competition for the top title that includes at least 2/3 other clubs on a regular basis. We are still watching with morbid fascination.. Oh and St Johnstone are still Tayside's no.1 and I forgot to say - WARCHEST! Edited June 4, 2015 by Rinky Dink 0 Quote Link to comment Share on other sites More sharing options...
bennett Posted June 4, 2015 Share Posted June 4, 2015 You edited that post. that's why it says edited by Bennett. -1 Quote Link to comment Share on other sites More sharing options...
entropy Posted June 4, 2015 Share Posted June 4, 2015 Fantastically eloquent. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted June 4, 2015 Share Posted June 4, 2015 (edited) Lol Edited June 4, 2015 by hellbhoy 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted June 4, 2015 Share Posted June 4, 2015 Some things have become apparent since the original Rangers went under:- The SFA and SFL had ( and still have) little or no integrity at the top (see desperate attempts to keep Rangers in top league/Div 1 at worst) Stewart Regan and Neil Doncaster have repeatedly looked like incompetent buffoons (cringeworthy armageddon episode ) The media are either as lacking in integrity as the SFA/SFL were or are simply corrupted by the myth that rangers are some kind of Scottish institution worthy of protection (see above and Dave King being fit and proper and lack of investigative journalism - even Tom English has disappointingly now become a BBC lapdog) They are still shit at football They still have an astonishing wage bill and squad for what they have actually achieved. Their support (in the main) still show an amazing lack of humility and a ridiculous sense of entitlement. Mike Ashley is holding at least a strong a hand as Dave King Most of us are enjoying their suffering and firmly believe they got off lightly in he first place. Supporters of diddy team's would not be in any way surprised if Scottish football was found to be corrupt in favour of the old firm throughout the last 4 decades. We are generally sick of hearing pundits stating that Scottish football needs rangers back at the top end of Scottish football challenging celtic.What it needs is competition for the top title that includes at least 2/3 other clubs on a regular basis. We are still watching with morbid fascination.. Oh and St Johnstone are still Tayside's no.1 and I forgot to say - WARCHEST! Don't forget they are already planning the debt for next season they will try to hide. Starting off the season looking at £10 million plus in debt surely isn't the way a football club should be conducting it's business. That's the players budget plus having to be placed in the debt department before a ball is kicked and having to be funded by borrowing money to keep the club solvent. They can't keep doing this season in and season out, it will eventually catch up with them placing them into an insolvency event at some point when there isn't anyone willing to throw money into the black hole that is a Rangers FC. A share issue might relieve some of the immediate financial strain but if they are still trading in debt there is only so many share issues before investors say "FCUK AFF" and then they go into admin. It's a bad business model and only Ashley had the funds to keep the club afloat indefinitely so it would appear. Ashley could keep loaning the club until at some point in the future the club posts profits and then Ashley squeezes the clubs balls for his money back. 0 Quote Link to comment Share on other sites More sharing options...
THE KING Posted June 4, 2015 Share Posted June 4, 2015 It also further states in their contract "If the entire sum drawn down is repaid, the Facility will be deemed to be terminated"................................. If not when. If both parties hadn't agreed on no specified repayment period then why was the phrase included in their contract given the second tranche had a 5 year period repayment time limit? It is nothing like the case law you are presenting at all. Eh...because maybe just one side set the conditions ?!...look at the hold over the assets and the 7 year rolling contract , does that grab you as an amicable agreement? If Rangers didn't have to pay it back then they would say so?...but they're not..there's your answer. 0 Quote Link to comment Share on other sites More sharing options...
Podlie Posted June 4, 2015 Share Posted June 4, 2015 Eh...because maybe just one side set the conditions ?!...look at the hold over the assets and the 7 year rolling contract , does that grab you as an amicable agreement? If Rangers didn't have to pay it back then they would say so?...but they're not..there's your answer. Was for the contracted parties to decide on the amicability of their arrangement, we were discussing the issue of time which is stated for both tranches, not the business merits to either party. Is it to their benefit to pay it back as soon as, to an outsider like me if they have this large source of investments for the short, medium and long term which their BOD says they have then would pay it back ASAP myself, if they haven't.........................someone is telling fibs on their board is my take. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted June 4, 2015 Share Posted June 4, 2015 Was for the contracted parties to decide on the amicability of their arrangement, we were discussing the issue of time which is stated for both tranches, not the business merits to either party. Is it to their benefit to pay it back as soon as, to an outsider like me if they have this large source of investments for the short, medium and long term which their BOD says they have then would pay it back ASAP myself, if they haven't.........................someone is telling fibs on their board is my take. It's simple, They do not have the money they said they did. Especially after Ashley locked up the clubs assets and IP so that when King got RIFC de-listed King can't sell or mortgage of the clubs assets and IP. That surely must have put a major dent in Kings plans for sure. King urging the fans to vote not to pay off Ashley when in fact the fans would rather he did pay him off so they can say they own their own IP and assets, and also King trying to get Ashley's voting share in RIFC blocked shows Kings intent not to pay it if he can get away with it. King will use Ashley to deflect from investing claiming not a penny in until Ashley has finally been dealt with including the contracts, which suits King because Ashley won't budge a fucking inch "fat cnut that he is" McCall will most likely be named The Rangers manager and will already know the players budget has to be squeezed but will still need to bring in the players to sell the ST's. McCall didn't get them promoted but certainly got them close and that should be good enough for the board with McCall being able to assemble a squad that isn't Fat Sally's legacy, but it depends on who McCall signs and they have got to be from at least Premiership level to keep the orcs happy they will canter the league or they won't buy into the dream. IMO Ashley has asked for the EGM not to get his money back but to show that King & Co don't have the cash to pay him back from the supposed £50 million, £40 million, £30 million, £20 million etc etc etc investment. £5 million out of say £30 million to pay back Ashley and the fans would flock back knowing he has the cash before a manager is named and players acquired for next season. 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted June 4, 2015 Share Posted June 4, 2015 Lol You never edited it, johnny. 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted June 4, 2015 Share Posted June 4, 2015 (edited) You never edited it, johnny. Neither did you. Henrik. Edited June 4, 2015 by hellbhoy 0 Quote Link to comment Share on other sites More sharing options...
Henrik's tongue Posted June 4, 2015 Share Posted June 4, 2015 (edited) Sorry, HB. Edited June 4, 2015 by Henrik's tongue 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted June 5, 2015 Share Posted June 5, 2015 (edited) Just saying .... Ever get the feeling that King has been stitched up ? Took over the club fucked over by onerous contracts and with the assets & IP tied up so he couldn't use them for funding his demented crusade. Ashley probably has had King & Co investigated down to the level that Ashley knows how many grey pubic hairs they have and how much cash liquidity the Kingco have between them and how much they might be willing to part with, fcuk all I'd wager. King has lied to the fans with stupid amounts of money that over the months gradually got smaller he'd personally invest with. Is Ashley going to catch King out with his pants down talking oot his arse at the EGM ? If they do have £20 million plus between them to invest that £5 million might be the difference to finishing next season with the projected debt in excess of £10 million to start with. Also another thing I noticed !, each season the wage bill has apparently been slashed by the clumpany and the ever increasing debt reduced to £8 million season 2013/2014 from the season before £14 plus million. How the actual fcuk have they managed to run up an operating debt of £17 million this season without including the wee share issue and Commonwealth money ??? Have they adopted the practice of paying the players and BoD's bonuses on July 1st so they aren't included in the accounts until next year ? Just a thought because Tedi was sooooo fucking certain they are paying less in players wages each year even though we all know they are on an increasing scale with each promotion. The Clone Rangers have actually doubled their operating debt from last year if they were funded on their own revenue streams. Edited June 5, 2015 by hellbhoy 0 Quote Link to comment Share on other sites More sharing options...
hellbhoy Posted June 5, 2015 Share Posted June 5, 2015 (edited) Sorry, HB. Edited June 5, 2015 by hellbhoy 0 Quote Link to comment Share on other sites More sharing options...
Podlie Posted June 5, 2015 Share Posted June 5, 2015 Just saying .... Since when did calling an EGM become an Insolvency and Restructuring event? 0 Quote Link to comment Share on other sites More sharing options...
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