Sweetheart 8,458 Posted May 7, 2018 Share Posted May 7, 2018 6 minutes ago, Courtyard Bear said: Naw mate, I’m genuinely lost as to why they would want the money in the UK. Only thing I can think of would be king having bother moving money out of SA but they would’ve known that from the get go. Baffling. It may be red tape after HSBC and the Gupta brothers scandal. Link to post Share on other sites More sharing options...
We Will Follow Rangers 12,921 Posted May 7, 2018 Share Posted May 7, 2018 Anyone left disappointed by this has only themselves to blame, some of the bullshit accepted as fact last week was hilarious if it wasnt tragic, read cunts on FF last week saying that being horsed by the tarriers didnt matter as we had huge investment coming, gullible cunts. Link to post Share on other sites More sharing options...
BlueKnight87 17,286 Posted May 7, 2018 Share Posted May 7, 2018 16 minutes ago, Laudrup1690 said: We will spend more than 10 mil I think he will be getting more than 10m. I would be amazed if Gerrard signed knoing he would not be getting 10m +. Link to post Share on other sites More sharing options...
Laudrup1690 1,064 Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, BlueKnight87 said: I think he will be getting more than 10m. I would be amazed if Gerrard signed knoing he would not be getting 10m +. I’ve heard a few rumours going round he’s getting more or less same as Pedro got to spend plus player sales Link to post Share on other sites More sharing options...
backup 4,724 Posted May 7, 2018 Share Posted May 7, 2018 1 hour ago, Courtyard Bear said: Has to be something to do with the current court case I would’ve thought. concert party are barred from acquiring further shares. Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, backup said: concert party are barred from acquiring further shares. Where’s the money coming from then. Link to post Share on other sites More sharing options...
backup 4,724 Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, Courtyard Bear said: Where’s the money coming from then. There isn't any money coming, apart from £6 million of further debt. Link to post Share on other sites More sharing options...
eejay the dj 31,964 Posted May 7, 2018 Share Posted May 7, 2018 22 minutes ago, wewillfollowrangers said: Anyone left disappointed by this has only themselves to blame, some of the bullshit accepted as fact last week was hilarious if it wasnt tragic, read cunts on FF last week saying that being horsed by the tarriers didnt matter as we had huge investment coming, gullible cunts. Guys that say OF losses do not matter Are the biggest mammary glands in the whole of our support . Brainless Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted May 7, 2018 Share Posted May 7, 2018 2 minutes ago, backup said: There isn't any money coming, apart from £6 million of further debt. So your claiming the 6 mill is just more loans. Link to post Share on other sites More sharing options...
backup 4,724 Posted May 7, 2018 Share Posted May 7, 2018 1 hour ago, Sweetheart said: Is this to do with TAB not granting him an extension? My first thought was that the concert party have sold their shares and loan notes No, just puts distance between him and us. Link to post Share on other sites More sharing options...
backup 4,724 Posted May 7, 2018 Share Posted May 7, 2018 Just now, Courtyard Bear said: So your claiming the 6 mill is just more loans. No I am not claiming anything, king did. Link to post Share on other sites More sharing options...
Guardian 4,281 Posted May 7, 2018 Share Posted May 7, 2018 31 minutes ago, Tam Müller said: It won't be. Worked in business banking for a bit with Lloyds years ago not sure if it's a business account Dave will want but it certainly won't be a current account. Some amount of regulatory pish to go through KYC checks which DK mentioned take fucking ages even longer when they realise his past. That along with source of funds for Anti money laundering to prove legitimacy etc (no jokes please) Whole process probably hampered further if they've got some diddy like me processing their client applications as well. It could surely go into a solicitors escrow account with minimal time taken. King must have UK business accounts or I'm sure TOP could advise on where it should be held. King is still wriggling for some reason. Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted May 7, 2018 Share Posted May 7, 2018 2 minutes ago, backup said: No I am not claiming anything, king did. Well if we are having a rights issue but the concert party can’t take part then who is. Link to post Share on other sites More sharing options...
backup 4,724 Posted May 7, 2018 Share Posted May 7, 2018 Just now, Courtyard Bear said: Well if we are having a rights issue but the concert party can’t take part then who is. 1872 and any other invited existing shareholders. Link to post Share on other sites More sharing options...
Sweetheart 8,458 Posted May 7, 2018 Share Posted May 7, 2018 6 minutes ago, Courtyard Bear said: Well if we are having a rights issue but the concert party can’t take part then who is. Good point. I can't see other investors investing only to have their shares diluted later in a 2nd share issue. It could be to exchange some of the loans4share then re-loan 6m until the 2nd share issue. Link to post Share on other sites More sharing options...
backup 4,724 Posted May 7, 2018 Share Posted May 7, 2018 16 minutes ago, Courtyard Bear said: So your claiming the 6 mill is just more loans. 15 minutes ago, backup said: No I am not claiming anything, king did. king said, “We haven’t decided, but at the moment I am thinking about £6m new cash in the balance converted to loans.” Link to post Share on other sites More sharing options...
Wullie72 151 Posted May 7, 2018 Share Posted May 7, 2018 15 mins until meltdown. Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted May 7, 2018 Share Posted May 7, 2018 42 minutes ago, backup said: king said, “We haven’t decided, but at the moment I am thinking about £6m new cash in the balance converted to loans.” What does that even mean?? Link to post Share on other sites More sharing options...
BlueAvenger 10,238 Posted May 7, 2018 Share Posted May 7, 2018 Maybe 11pm is the time Pena arrives back in Glasgow.... Link to post Share on other sites More sharing options...
wearethepeople1 3,897 Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, BlueAvenger said: Maybe 11pm is the time Pena arrives back in Glasgow.... I see where the moneys coming from now ? Link to post Share on other sites More sharing options...
backup 4,724 Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, Courtyard Bear said: What does that even mean?? £6 million of new debt. Link to post Share on other sites More sharing options...
Lloyd 10,756 Posted May 7, 2018 Share Posted May 7, 2018 http://www.eveningtimes.co.uk/sport/Rangers/ all the stuff from the press conference is here. Link to post Share on other sites More sharing options...
Hutton2008 646 Posted May 7, 2018 Share Posted May 7, 2018 1 hour ago, Laudrup1690 said: I’ve heard a few rumours going round he’s getting more or less same as Pedro got to spend plus player sales I hear rumours of Chinese/US investment. Rumours of a £30m warchest.... King basically says in the presser that he thinks the manager will tip the balance. Good footballers will tip the balance. Gerrard alone will not. Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted May 7, 2018 Share Posted May 7, 2018 What was the point of this press conference?? We all knew a rights issue was due to pay off some of the loans and some to the club. We all knew King was again fucked up in court?? Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted May 7, 2018 Share Posted May 7, 2018 Also don’t agree that one title will topple the scum. Link to post Share on other sites More sharing options...
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