Rangers Banter Archive April 14 2015

 

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14 Apr 2015 20:41:10
Get rid of the lot of the deadwood and start again be up wae them across the city in 3yrs

Believable0 Unbelievable9

15 Apr 2015 16:18:30
3 years. really? be up with Celtic within 3 years? I reckon in 3 years we'll be on par with Aberdeen(not a bad thing at all) Celtic have a massive financial backing and it's took years to build, when we have players that some of Europe's top teams want then we'll be up with Celtic.

1 4

14 Apr 2015 08:57:00
the very fact king and the 3 bears bought control of the club common sense should tell u the club have title to ibrox do u think they would spend the amount of money that they have done without owning ibrox and murray park behave and let them get on with things they years of bad management to sort out

Believable9 Unbelievable12

14 Apr 2015 11:45:17
Well Deloittes felt the need to mention the contigent liability on Ibrox any time they audited accounts so nobody can one hundred percent rule out anything although King and the 3 bears must be confident in winning any case if it arrives.

3 8

14 Apr 2015 12:12:00
they didn't buy the club. King called an egm and changed the people running the club. They bought shares when they were available regardless of what the club owns. King said it numerous times he has to go in and look at the books and see what is what. He didn't know much.

7 3

14 Apr 2015 13:17:47
Head in the sand stuff. Again.

King got in on a ticket of total transparency, and he's given us sweet FA since he took over. He's even said to the press that there will be no public announcements of any board activities.

And let's get it straight, the 3B did not "buy control of the club", they convinced enough investors to vote out the last board, and vote them in. They did this by calling for a boycott and starving the club of money.

Not to mention there is a reasonable chance - unless you like your head in the sand - that by ousting Ashley's men, they have triggered a defaulting of the £5m loan, and the IP and crests and badges have gone forever to Ashley.

As is stands, they've "invested" only £1.5 million, nothing at all from King. Anyone with a passing interest in the club's finances knows this amount is only enough to cover the wage bill and expenses for a matter of weeks.

"Give them time" is like waiting around letting the firing squad reload for a second go, when we should be running for the hills.

9 11

14 Apr 2015 11:53:50
Yes, they have the support of the majority of the shares issued, but until they gained control they did not have access to the books.[ incl. title deeds etc.] There would be a simple way to clear the air ---- state the fact. You are the one not showing common sense, as in my opinion, there is now more doubt now, than ever before.
Yes, they have a job on trying to clear the debris but some points are easily clarified.

7 2

14 Apr 2015 14:00:00
As there is a criminal investigation going on into previous affairs at Rangers the new board would have to be very carful if they come out with any irrational statement . all the doubters and sceptics should just bide there time until due diligence is carried out. After the investigation we will get better info from Rangers .

8 5

14 Apr 2015 14:01:45
They are majority shareholders though are they not?

2 2

14 Apr 2015 14:17:28
Big difference between major shareholder and"buying control"in this case.

4 1

14 Apr 2015 14:23:47
CeeXXX, only with the backing of other shareholders.
OCRSC, a simple statement on Ibrox would not have any effect on any criminal investigation, unless there is something dodgy with the deeds.
Just because this board are 'Rangers men' does not mean they cannot be economic with the truth.
No right-minded investor will put a penny into Rangers at present and until there is complete clarity I doubt if DK will put up anything.

3 1

14 Apr 2015 15:32:41
For G##s sake give over ---- are you fellows never going to be happy --- I reckon if Apple and Microsoft bought out the present shareholders and installed Mourinho as manager, gave him £500 million to set up his team (capable of challenging Celtic lolol) and just for fun extended Ibrox to a 75000 capacity stadium and to top it off handed everything over to the fans to let them run it----------

MOST OF YOU WOULD STILL NOT BE HAPPY ----- WHAT HAS TAKEN YEARS TO BREAK DOWN YOU WANT TO FIX IN A FEW WEEKS

9 3

14 Apr 2015 15:41:21
I'd be extremely happy if we had a billionaire businessman wanting to invest in the company, shame we chased the only one we had, because he wasn't a bluenose prod.

5 7

14 Apr 2015 15:42:15
its only to easy to find who has title to brox search sasines and it will tell u who owns it and who has a lean on it deloitte are mentiong the fact that whyte tried to claim the ground which he has taken no further its really dissapointing to have so many ungrateful supporters wanting to whinge about everything what do they want club still in the hands of ashley or green never happy how many would put there hand in there pocket to give rangers first money if some sheik bought the club and put inn £150m for players they would still find something to whinge take my advice give the board another six months at least then see how things are rangers must have the most fickle support in the country

5 4

14 Apr 2015 17:27:29
Wull, if it was that simple to clarify the ownership then it would be common knowledge. As you seem to be grateful and 'in the know' you therefore must be able to give a categoric assurance on the title deeds, as you must have checked. However, to us uneducated, ungrateful bluenoses a little bit of fact may help.

0 0

14 Apr 2015 17:32:12
Expat. who is this non bluenose prod that we chased? as you. unlike me, and many others , seem to be aware of his religion and non blue-nose status?

1 0

14 Apr 2015 18:57:14
The American banker bob sarver I think his name was

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14 Apr 2015 19:43:53
billy b u need to get a lawyer to check them as far as I know but the information is all on public record like the ground my hose or your house sits on if they did not own the ground plenty of smart journalists would get the info and if someone else held the title they would be screaming it from the rooftops believe me the board should be given another 6 months then judge them on their performance but all the whingeing annoys me to think where the club was in february

4 2

15 Apr 2015 06:56:25
BIGWULL, I am fully aware of the process and it is most likely that that the deeds will be in the name of a company associated with our club, but the key to ownership will be securities etc. against it. I have no doubt that if this was totally clear our club we be able to operate, as most companies do, with an overdraft to cover monthly outlays secured by a floating charge.
Another feature that could be linked is the inter-company loan between the parent company and the football club.
There are too many loose ends that a simple statement would clarify.
I also think that the fans showing concern are not whingers but are being wary of our predicament.
Yes DK etc. did not cause the problem but they have made a commitment to sort it and have made certain commitments that they have not followed through. e.g. AIM and a nomad, clearing ashley's £5m loan and the DK investment.

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15 Apr 2015 13:34:40
Nobody has faith. Wait and see

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15 Apr 2015 16:44:18
i expect if the current board wish an overdraft they would have no problem getting one but they would have to give ibrox and murray park etc and on top of that they would need to give personal guarntees and possibly that's not possible with any guarntees they given with their own buisness but it is cheaper to run the club withhout any bank borrowing because with rangers being as they say newco and so far no track record of profits they would get an overdraft but with a heavy intrest rate until such times as they accounts showing improved profitably the title deeds of ibrox alone would not get them any overdraft

0 1

15 Apr 2015 20:22:31
BIGW, that is a load of drivel. No point in debating further as you are obviously blinkered by the 'loans' culture. Great when they are supplied by bluenoses with no interest, but as we found out many vultures take their pound of flesh.

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15 Apr 2015 22:16:36
I've said it before, the deeds of novation hold the key to this, when Whyte supposedly handed the deeds to Green then Green, D&P and Whyte himself should have a copy of this. It is by no means in Whyte's interest to show his copy if he is still claiming some ownership however why have Green and D&P never blown this out of the water once and for all by producing either of their copies? That is the only question that matters.

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16 Apr 2015 11:54:59
It takes me back to when green was interviewed by I think stv, and he held up a brown envelope with deeds written on it, and the brilliant journalist didn't even ask to see them.

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16 Apr 2015 16:01:39
billy be whether loan or overdraft it has to be paid back a fixed term loan from directors is far more advantageous than an overdraft with which u are at every whim of the the bank giving u an overdraft the other thing we are lucky to have directors prepared to loan club money as I have said rangers supporters want the world for not a lot if the club said season books were going up 15%to help pay for overdraft interest that would cause another uproar

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