Jimfanciesthedude 25,667 Posted October 1, 2013 Share Posted October 1, 2013 As the title says, his "admin by xmas" stunt was nothing more than a method to destabilise the club and possibly obtain us for a dimemind he went to lloyds and offered them 40% of the debt they were owed to fuck off, seems he just doesnt wanna pay whats required and his scaremongering was nothing short of shambolicif he didnt dump 20mill into us during the SDM years you'd actually questions his credentials as a rangers fanso whats say you Mr King, you still think we'll be fucked by december 25th Quote Link to post Share on other sites More sharing options...
RM Monitor And Standards Officer 112,901 Posted October 1, 2013 Share Posted October 1, 2013 It could still be squeaky bum time after January. I've done all this grandstanding shite with whyte, let's hope this thread doesn't bite you on the arse like they did with me back in the day Quote Link to post Share on other sites More sharing options...
8Ace 49 Posted October 1, 2013 Share Posted October 1, 2013 Imagine a businessman trying to negotiate a better deal? What is the world coming to? Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,667 Posted October 1, 2013 Author Share Posted October 1, 2013 It could still be squeaky bum time after January. I've done all this grandstanding shite with whyte, let's hope this thread doesn't bite you on the arse like they did with me back in the day if we spend another 13mill by january over and above any extra revenues generated until then, then we are rightly in the shitbut according to boss, we'll be more than covered until St renewal time, thats a good sign Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,667 Posted October 1, 2013 Author Share Posted October 1, 2013 Imagine a businessman trying to negotiate a better deal? What is the world coming to?that wasnt negotiating, that was underhand tactics to force out a board that quite frankly are taking a business forward from scratch Quote Link to post Share on other sites More sharing options...
Smile 26,624 Posted October 1, 2013 Share Posted October 1, 2013 Imagine a businessman trying to negotiate a better deal? What is the world coming to?He had a chance of a great deal by buying us at the time Green and his shareholders did. Quote Link to post Share on other sites More sharing options...
californiadreamin52 339 Posted October 1, 2013 Share Posted October 1, 2013 if we spend another 13mill by january over and above any extra revenues generated until then, then we are rightly in the shitbut according to boss, we'll be more than covered until St renewal time, thats a good signwe cannot spend 13 million we do not have it the 11 million in the accounts is already 3 months old either way we need a financial injection Quote Link to post Share on other sites More sharing options...
calio 688 Posted October 1, 2013 Share Posted October 1, 2013 How many more `one offs` will we see before the seasons out?I reckon we`ll be making a payment to Ahmad soon, will it stop at that? I don`t know, but when Dave King talks it`s worth STFU and listening because he knows more about business than most of us put together. Quote Link to post Share on other sites More sharing options...
RM Monitor And Standards Officer 112,901 Posted October 1, 2013 Share Posted October 1, 2013 How many more `one offs` will we see before the seasons out?I reckon we`ll be making a payment to Ahmad soon, will it stop at that? I don`t know, but when Dave King talks it`s worth STFU and listening because he knows more about business than most of us put together.I don't know about that, I ran the tuck shop in p7. I was the number cruncher Quote Link to post Share on other sites More sharing options...
8Ace 49 Posted October 1, 2013 Share Posted October 1, 2013 that wasnt negotiating, that was underhand tactics to force out a board that quite frankly are taking a business forward from scratchUnderhand tactics is just a part of business. The current board seem to be very familiar with them. Quote Link to post Share on other sites More sharing options...
Smile 26,624 Posted October 1, 2013 Share Posted October 1, 2013 How many more `one offs` will we see before the seasons out?I reckon we`ll be making a payment to Ahmad soon, will it stop at that? I don`t know, but when Dave King talks it`s worth STFU and listening because he knows more about business than most of us put together.On here now there are too many of you now who seem disappointed when things go better than expected for us and seem to want to turn every positive in to a negative.You seem to be almost taig like in your need to see us falter. Quote Link to post Share on other sites More sharing options...
calio 688 Posted October 1, 2013 Share Posted October 1, 2013 On here now there are too many of you now who seem disappointed when things go better than expected for us and seem to want to turn every positive in to a negative.You seem to be almost taig like in your need to see us falter.What are you on about mate, ffs! All I want is the Club to be back where we belong & with a Board that we (or atleast most of us) can get fully behind, to suggest otherwise is..Well taig like Quote Link to post Share on other sites More sharing options...
The Dude 20,027 Posted October 1, 2013 Share Posted October 1, 2013 All these business gurus on 20k a year telling multi millionaires how to conduct business. Quote Link to post Share on other sites More sharing options...
clan macrae 292 Posted October 1, 2013 Share Posted October 1, 2013 He had a chance of a great deal by buying us at the time Green and his shareholders did.Were his assetts not frozen by the SA inland revenue at that time? Quote Link to post Share on other sites More sharing options...
Johnny Hubbard 280 Posted October 1, 2013 Share Posted October 1, 2013 He had a chance of a great deal by buying us at the time Green and his shareholders did.point is no one else had a chance to buy except Charles Green because D & P locked in the sale of the assets to Sevco5088 and HMRC didn't object. If others could have bid the support could have come up with £5.5 million never mind Dave KingStrange thing is the assets were then sold to another company....Sevco Scotland........How was that even possible ? Quote Link to post Share on other sites More sharing options...
calio 688 Posted October 1, 2013 Share Posted October 1, 2013 point is no one else had a chance to buy except Charles Green because D & P locked in the sale of the assets to Sevco5088 and HMRC didn't object. If others could have bid the support could have come up with £5.5 million never mind Dave KingStrange thing is the assets were then sold to another company....Sevco Scotland........How was that even possible ?No offence intended to yourself mate, just using your quote as an an example, but I kind of take exception to the phrase "bought by CG" when his consortium has been paid back in full for the loan they gave us as shown in the accounts, he has also recieved nearly £1m in wages and an 8% share in the company, not bad for arranging a 5.5m loan. Quote Link to post Share on other sites More sharing options...
Johnny Hubbard 280 Posted October 1, 2013 Share Posted October 1, 2013 No offence intended to yourself mate, just using your quote as an an example, but I kind of take exception to the phrase "bought by CG" when his consortium has been paid back in full for the loan they gave us as shown in the accounts, he has also recieved nearly £1m in wages and an 8% share in the company, not bad for arranging a 5.5m loan.ok then...bought by CG consortium who had a loan which has now been paid back Quote Link to post Share on other sites More sharing options...
binsy08 362 Posted October 1, 2013 Share Posted October 1, 2013 It could still be squeaky bum time after January. I've done all this grandstanding shite with whyte, let's hope this thread doesn't bite you on the arse like they did with me back in the day Well said, the keyword for all of us should be, Caution. Quote Link to post Share on other sites More sharing options...
SE5 107 Posted October 1, 2013 Share Posted October 1, 2013 Very premature given we don't know what is in our account today? Rumours of between £5m and £7m. That won't last long. Quote Link to post Share on other sites More sharing options...
Redsox1 1,361 Posted October 1, 2013 Share Posted October 1, 2013 Very premature given we don't know what is in our account today? Rumours of between £5m and £7m. That won't last long.back to the swamp for you. swamp being FF/Kerry fail St.( both basically the same ) Quote Link to post Share on other sites More sharing options...
8Ace 49 Posted October 1, 2013 Share Posted October 1, 2013 point is no one else had a chance to buy except Charles Green because D & P locked in the sale of the assets to Sevco5088 and HMRC didn't object. If others could have bid the support could have come up with £5.5 million never mind Dave KingStrange thing is the assets were then sold to another company....Sevco Scotland........How was that even possible ?That is the most glaring question in this whole shambles. Preferred bidder status to one company then sold to a completely different one with no questions ever being asked about it. How conveniently that was forgotten. Quote Link to post Share on other sites More sharing options...
cameron1873 538 Posted October 1, 2013 Share Posted October 1, 2013 No offence intended to yourself mate, just using your quote as an an example, but I kind of take exception to the phrase "bought by CG" when his consortium has been paid back in full for the loan they gave us as shown in the accounts, he has also recieved nearly £1m in wages and an 8% share in the company, not bad for arranging a 5.5m loan. I didnt realize this so are you saying the money the consortium Rangers gave them it back.Sorry if that seems like a daft question I just didnt realize this Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,667 Posted October 1, 2013 Author Share Posted October 1, 2013 I didnt realize this so are you saying the money the consortium Rangers gave them it back.Sorry if that seems like a daft question I just didnt realize thisWe were told right at the start that the only debt rangers had was the 5.5mill used to buy the assets, this now seems to be paid off so all good, we owe nobody nothing Quote Link to post Share on other sites More sharing options...
Carson's cat 744 Posted October 1, 2013 Share Posted October 1, 2013 That is the most glaring question in this whole shambles. Preferred bidder status to one company then sold to a completely different one with no questions ever being asked about it. How conveniently that was forgotten.I understand where you're coming from mate, but I think you will find that nothing sinister has happened there. Sevco 5088 were given an exclusive right to bid for the assets but Sevco 5088 assigned that right to Sevco Scotland. This is what Whyte's court case is all about but I don't think he'll succeed.The real scandal here is that a man who lent the newco £25,000 has received remuneration of nearly £1 million in cash and about 8% of the company's shares. Not bad for a year's work! Quote Link to post Share on other sites More sharing options...
cameron1873 538 Posted October 1, 2013 Share Posted October 1, 2013 We were told right at the start that the only debt rangers had was the 5.5mill used to buy the assets, this now seems to be paid off so all good, we owe nobody nothingI cant believe I missed thisSo technically the consortium didnt pay any money to acquire the assets. Quote Link to post Share on other sites More sharing options...
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