.Williamson. 83,730 Posted January 12, 2015 Share Posted January 12, 2015 Never ending story Quote Link to post Share on other sites More sharing options...
ShaneRalfRoss 304 Posted January 12, 2015 Share Posted January 12, 2015 Way our club is ran atm . It reminds of that show dream team used to be on sky one . Quote Link to post Share on other sites More sharing options...
WilliamCahill91 103 Posted January 12, 2015 Share Posted January 12, 2015 Douglas Park or Dougie as his SoS friends call him was part of the pre-admin board - another one who was scared to pony up and save the club.If as you predict King gets rid of the board do you think he and his 'concert party' will step in with finances for the club or drive us into admin??They probably don't have the finances. Or they will most likely be unwilling to invest large sums. I hope I'm wrong, though. This shit has went on for too long. Quote Link to post Share on other sites More sharing options...
onefootwillie 1,519 Posted January 12, 2015 Share Posted January 12, 2015 Just had to see what happens next. I would suspect the 3 bears will put in a loan of 5-6 mil pay off Ashley's loan and in the process get 2 people on the board. Then I would think King will then call an EGM and the existing board except the 3 bears representatives will be voted off. The new board will do a share issue to increase the capital but I can't see it being in the region of what Sarver was offering Quote Link to post Share on other sites More sharing options...
harlands plater 17,058 Posted January 12, 2015 Share Posted January 12, 2015 If these so-called Rangers men really cared someone would have bought the club from Murray before the crooks got a foot in the door, tax case or not. Quote Link to post Share on other sites More sharing options...
Brackley 1,402 Posted January 12, 2015 Share Posted January 12, 2015 We're totally fucked until one of the major shareholders sells up.All the offers so far need a share issue to invest the money and without 75% approval it's not going to happen.We now have two factions with a voting percentage above the 25% needed to block the other.We're going round in circles until someone capitulates. Quote Link to post Share on other sites More sharing options...
Brackley 1,402 Posted January 12, 2015 Share Posted January 12, 2015 Just had to see what happens next. I would suspect the 3 bears will put in a loan of 5-6 mil pay off Ashley's loan and in the process get 2 people on the board. Then I would think King will then call an EGM and the existing board except the 3 bears representatives will be voted off. The new board will do a share issue to increase the capital but I can't see it being in the region of what Sarver was offeringNew board cannot do share issue without 75% backing of shareholders.Up steps Ashley/ Easdale 35% vote against and once again we go round and round in circles Quote Link to post Share on other sites More sharing options...
Guardian 4,281 Posted January 12, 2015 Share Posted January 12, 2015 The four bears who rejected Sarvers bid have to come up with a clearly better one now or their slogan "Best interests of the club at heart" will bite them on the arse.Even the blazer chasers will choke on that bullshit. Quote Link to post Share on other sites More sharing options...
Bears r us 30,988 Posted January 12, 2015 Share Posted January 12, 2015 If these so-called Rangers men really cared someone would have bought the club from Murray before the crooks got a foot in the door, tax case or not.They did not want to do any dirty work, admin etc, better to leave that to bad men. Quote Link to post Share on other sites More sharing options...
WATP-FOREVER 5,231 Posted January 12, 2015 Share Posted January 12, 2015 Sarver needs/needed 75% of the vote to secure a majority share - being that king holds 15% & the 3 Bears 19%, which leaves 66%, how is it possible to secure 75% of the vote.Even a bigotted tim can work that one out._______________________________________Instead of plugging for a majority share immediately, I half expected him to secure what was available - 15 or 20%, and then increase as shares were made available, and when he gets to 29.9%, he is automically obliged, by the LSE to bid for a majority. By that time his value would have been proven to all. Quote Link to post Share on other sites More sharing options...
orange&blue92 1,284 Posted January 12, 2015 Share Posted January 12, 2015 Gutted about Sarver. Just wish the board would see sence. I really hope he comes back into the ball game and ups his bid, even if we had to protest for it. He is the way forward. Quote Link to post Share on other sites More sharing options...
orange&blue92 1,284 Posted January 12, 2015 Share Posted January 12, 2015 Sarver needs/needed 75% of the vote to secure a majority share - being that king holds 15% & the 3 Bears 19%, which leaves 66%, how is it possible to secure 75% of the vote.Even a bigotted tim can work that one out._______________________________________Instead of plugging for a majority share immediately, I half expected him to secure what was available - 15 or 20%, and then increase as shares were made available, and when he gets to 29.9%, he is automically obliged, by the LSE to bid for a majority. By that time his value would have been proven to all.Can they not work together? 34% king and co, the rest Sarver and fans? Quote Link to post Share on other sites More sharing options...
Murtaugh 47 Posted January 12, 2015 Share Posted January 12, 2015 No thanks yanks Quote Link to post Share on other sites More sharing options...
falwheel 222 Posted January 12, 2015 Share Posted January 12, 2015 Think I'll make an offer to buy Rangers. Will that open the door for Sarver ? Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,924 Posted January 12, 2015 Share Posted January 12, 2015 Sarver needs/needed 75% of the vote to secure a majority share - being that king holds 15% & the 3 Bears 19%, which leaves 66%, how is it possible to secure 75% of the vote.Even a bigotted tim can work that one out._______________________________________Instead of plugging for a majority share immediately, I half expected him to secure what was available - 15 or 20%, and then increase as shares were made available, and when he gets to 29.9%, he is automically obliged, by the LSE to bid for a majority. By that time his value would have been proven to all.He cant unless he buys shares off an existing shareholder Quote Link to post Share on other sites More sharing options...
Ardrossan Dave 75 Posted January 12, 2015 Share Posted January 12, 2015 Can they not work together? 34% king and co, the rest Sarver and fans?Nah. It's not the way guys like Sarver work. He wants full control to run the club. Setting aside whethr you think he's a good thing or a bad thing he won't be interested in getting involved in a board room civil war especially as it's so easy to paint him as the villain (a campaign already well underway in certain quarters). Can you blame him? He's willing to pony up £22m, not for the good of his health or Rangers but to at least protect his capital investment, if not to make a profit. Would you let a disparate collection of small minded spoilers control your investment of £20m.Looks like were stuck with the manoeuverings of the Rangers men for a while yet, then a share issue to fans for funding. Quote Link to post Share on other sites More sharing options...
showtime69 514 Posted January 12, 2015 Share Posted January 12, 2015 not saying it is or isnt King and Parkco doing the blocking but does Easdale not hold enough power to block it on his own, if not on his own certainly with Ashley on side they have more than enough power to block this aswell.nobody knows who has blocked it, could be either side but folk are quick to blame the other camp from who they want in charge.until we know for sure, if we ever find out, all the bitching and arguing is pathetic. Quote Link to post Share on other sites More sharing options...
Drunk and disorderly. 14,650 Posted January 12, 2015 Share Posted January 12, 2015 I see the usual suspects are assuming which major shareholders said no to the offer. Nobody knows, just people speculating and passing it off as fact to suit their agenda. The board should have told him what would be an acceptable offer. They clearly haven't. Wonder why. Quote Link to post Share on other sites More sharing options...
Gaffbear 4,104 Posted January 12, 2015 Share Posted January 12, 2015 Sad times Quote Link to post Share on other sites More sharing options...
Blue63 82 Posted January 12, 2015 Share Posted January 12, 2015 I hope we don't dick about and end up in Admin 2, if we do King and all the other so called True Blues want shooting, here's hoping !!!! Quote Link to post Share on other sites More sharing options...
orange&blue92 1,284 Posted January 12, 2015 Share Posted January 12, 2015 Is it confidential, or can we get results of who voted what? And how much it was missed by? Quote Link to post Share on other sites More sharing options...
AGM_72 3,728 Posted January 12, 2015 Share Posted January 12, 2015 I felt pretty positive about Sarver and his approach, however, I'm still somewhat wary of a single owner in complete control of the club after what happened. Though I suppose it would still be a million miles better than what we have now. Quote Link to post Share on other sites More sharing options...
Guardian 4,281 Posted January 12, 2015 Share Posted January 12, 2015 I see the usual suspects are assuming which major shareholders said no to the offer. Nobody knows, just people speculating and passing it off as fact to suit their agenda.The board should have told him what would be an acceptable offer. They clearly haven't. Wonder why.100 quid a share would be rejected by the rangers men. Why else would they buy shares all of a sudden. Quote Link to post Share on other sites More sharing options...
UnionMen 411 Posted January 12, 2015 Share Posted January 12, 2015 Sarver was never that fussed. Quote Link to post Share on other sites More sharing options...
Getstiffed 8,863 Posted January 12, 2015 Share Posted January 12, 2015 Sarver was never that fussed.Is it the 3 weeks of quietly doing the diligence that tells you that or the 2 bids in the space of 3 days?If that's not "fussed" what does that make Park and Kings efforts? Quote Link to post Share on other sites More sharing options...
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