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pozbaird

Big Rangers Administration/Liquidation Thread - All chat here!

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At least that fat w*nk has been paid off, suppose that's a wee bit of Christmas cheer!

Saved your club from dying, again.

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So Mike saves the club from dying by giving rangers a loan.

Rangers fans are raging because he wants his money back?

Eh?

I suspect 90% of them have no idea why they're supposed to hate him - just following orders, I suppose.

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The loan has been repaid and Mr King is ready to put up the promised £5-£10m in the January window to win the league.

Rejoice

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Merry Xmas to all BRALT dwellers and a good new year. Well it will be a good new year when the courts reopen and Chucky either legitimises filling his pockets or the courts hand Rangers back their stuff.

Cannae wait. Cannae lose.

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Saved your club from dying, again.

He saw an opportunity to make a decent deal for himself whilst the club was on its knees, fair enough, but let's not pretend it wasn't done for any altruistic reason, and has then caused disruption and disquiet at every turn since.

Aye he loaned us money that has rightly been repaid, but at what cost over the longer term?

I don't know one Rangers supporter who won't be glad to see the back of him. Ask any Newcastle fan, I'm sure most of them will feel the same.

Billionaire or not, he's not interested in us as a football club. GHTF

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Why is the Club announcing that the Company has paid back the loan :huh:

Indeed - it says a lot that they should feel the need to put out a statement at all, paying bills is apparently newsworthy down Govan way.

Happy Christmas all you fellow BRALT bellends, God Bless us one and all ... of Ted's aliases.

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He saw an opportunity to make a decent deal for himself whilst the club was on its knees, fair enough, but let's not pretend it wasn't done for any altruistic reason, and has then caused disruption and disquiet at every turn since.

Aye he loaned us money that has rightly been repaid, but at what cost over the longer term?

I don't know one Rangers supporter who won't be glad to see the back of him. Ask any Newcastle fan, I'm sure most of them will feel the same.

Billionaire or not, he's not interested in us as a football club. GHTF

It's a strange one. SD entered a joint venture with rangers retail and when the club/company that supplies the customers for this joint venture they bail them out but with an incentive to pay back and if needed the possibility of a further drawdown if so required.

Then a guy who is that much of a proven liar that even his eyes are crooked (auld jokes are the best) gets him ousted, paints him as a bad guy and makes it look like he's taking them for a ride... and you wonder why he's said he wants the loan back?

For an outsider it seems bizarre that you want a guy who you wouldn't trust to tell you the time of day but not a successful billionaire benefactor who would need the club to survive in order to gain out of the investment made.

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I've not been on here much but the Sevco statement confuses me.....I thought they paid the loan in full back at the start of December.

Or was that lies?

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