Rangers Banter Archive September 05 2014

05 Sep 2014 22:21:30
The club statement is an absolute joke, but certainly not funny. Time to hand over the keys and vacate the premises, boys. At a time when credibility is essential, there heads are stuck in the sand. If they cannot man up and take some action, we are well and truly effed. Our only hope is that Ashley displays some potential leadership to protect his interests.

Ashley can't underwrite share issue because if none sell he would have to buy them, that's what underwrite means. Your not allowed to own more than 10% of clubs in 2 differing legues incase there becomes a clash of interst

The lawyers for rangers said rangers had two people ready to invest in rangers I hope its true or its admin n2

06 Sep 2014 08:51:34
@2. I wonder who the two are? If it is existing shareholders they will be pleading with them to take up their offer allowance.

If it is NEW investors, they won't be able to invest unless the current investors give the board the power to disapply pre-emption rights.

Why on earth did Easdale do that interview days before the court case? Surely he must have known that telling the press just how bad the finances were would weaken the clubs case against Ahmed?

06 Sep 2014 09:56:00
Am I the only one who thinks there's something a bit fishy going on with Ahmed succeeding in getting the money frozen just when we are at another cash crisis and he failed on two previous occasions?

06 Sep 2014 10:13:07
International call ups preventing us playing today, it's disappointing, I was looking forward to that.

@5:Nothing fishy, just you not understanding the situation. The fact that the club is running on fumes this time around is why the request was granted. On the previous occassions the judge was not convinced that the club would not be in a position to pay up if Ahmad wins. This time the judge was convinced. If the financial position had been the same as it was on the previous occassions, the bid would have failed again.

06 Sep 2014 12:44:50
@6. Probably just as well. We probably couldn't afford to fill the bus with diesel.

06 Sep 2014 14:23:02
Seems the best thing to do to raise cash would be some deal involving Murray Park, just cash in on it unless either of the investors they are talking to come on board.

06 Sep 2014 15:40:23
STYAB: You say I don't understand the situation, but if the judge deems we can't pay up, then wouldn't it have made more sense to have awarded it to Ahmed when we were financially stronger and could pay it.

{Ed039's Note - You are not understanding at all Cromjo, Ahmed has not been awarded anything yet, as a matter of fact his case hasnt even been heard yet, all he has done is have the money set aside in case he is successful)

06 Sep 2014 17:31:17
Maybe am not totally understanding but it still amounts to the same thing if there is the chance of the money being paid at a later date.

N3 steddy the way it was put is that current shareholders won't put up the 4 million then other shareholders will call for an egm thus allowing new shareholders to invest

Ok, I understand he hadn't been awarded the money yet but r u then saying money that we don't have has been ringfenced for him at a future date?

Cromjo let me try to explainr rangers had one and a half million in there bank account ammed is suing rangers the judge has blocked rangers from using 600thousand of there own money in case ammed wins his case if ammed loses rangers can then use the 600thousand for themselfs

05 Sep 2014 15:12:12
Given the details of the stadium naming rights and merchandise deal coming to our attention, we should look at the positives. Ashley is obviously in pole position to rule the roost. It is in his best interest to ensure that we are a successful club at the top table, to maximise the sale of all the club's merchandise.
He should be backed by all those interested in our club's survival. He has most of the aces at present and will get round the cross border, 2 club rule and has the possibility to enable us to progress. He is an astute business man and DK etc. should back him and get rid of the shysters once and forever.

Op) I agree with you totally mate, I asked the question on here last week why we're we so sceptical of the man that in the daily rebel Pole on who we would like running our great club he poled only 8% the same amount as would keep the current regime, if we can't have a fan owned club why not M A he certainly knows how to run a business and although he's not that we'll liked at Newcastle they are a well run and financed club and with a personal fortune reputed to be 1. 2b why not embrace the man if he was serious about taking the reigns.

If the issue of the naming rights are true, I'd reckon that clauses such as should the stadium be renamed then further revenue would be awarded. I can only imagine that the right to rename the stadium is a decision that can only be made by Ashley but would be subject go further price negotiation.

Aye hopeful but what other we snippets lie out there waiting to bite?

STU2312. I think you will find that no such clause exists. Ashley was sold the naming rights for a pound as an incentive from green to invest in the IPO to make it look and be more profitable at the time. I feel Ashley can rename the stadium anytime he wants to and for no extra negotiation. why would he pay £1 2 years ago if it was going to cost him more money later on. well and truly shafted by Green (Fans not Ashley)

06 Sep 2014 13:55:13
Geordie fan in peace, as much as I would want Ashley to buy Rangers and sell Newcastle, I would have to say be careful what you wish for as he has destroyed the passion and hopes from our fans. If he does by your club, he will appoint someone like Pardew, invest small amounts of money and will plaster sports direct on to everything, he is NOT a football man but a ruthless business man who will bleed the soul out of your club

Op we wouldn't be getting rid of charlieboy as him and ahley are a package imho

Jimmy 1976 cheers for that mate a few bears have said much the same further down the page eh but we were told all about charlieboy [green] some peole listened some never now we are finding out the truth I wonder if people will take heed this time [surely they will]again cheers pal

09 Sep 2014 15:14:24
Still holding out for another billionaire to ride to the rescue. IF and it is a very big IF Mike Ashley becomes more involved at Rangers then it will be to make money not out of love for the club. SDM invested millions because he loved the glamour of it all, Ashley inst interested in that otherwise he would be pushing Newcastle. The new rights in the EPL mean that NUFC are getting a lot more money than Rangers would earn even if the made Champions League group stages so the chance to make a quick buck isn't there either. The only way Rangers will get out of this mess is by cutting costs and that means getting rid of players on thousands of pounds every week and replacing them with young players like Hearts have done but that doesn't fit the billionaire to the rescue model that some fans crave for!

Allymac you should have said it doesn't fit the mamager also

#9 bang on mate. He had the chance to write himself into Rangers history as the man who brought the club back and he has tarnished it with poor decision making.

Allymac no doubt super knew he never he didn't have the managerial skill to coach the youngsters so he went for the easier option with no regard for the club or the concequencies it would bring upon rangers fc

05 Sep 2014 12:20:35
Ed please edit this as u find appropriate. to all the fans being adverse to ashley he could work for us . apart from renaming deal. I think u all should have a read at our former captains column in a daily newspaper makes a lot of sense to me.
r. f

R. f: I read the column and I agree, it could work for us.

Rf I've gave up with you and your posts have you ever tried talking to a wall ime sure you will be pleased to know I will not be posting in response to your posts as its a complete waste of time eh

05 Sep 2014 10:26:10
Before I read anymore hysteria on here, please remember Mike Ashley for all his faults is a legitmate buisnessman. He has no interest in the pennys shirt sales bring. I believe he has long term plans for the club and we should'nt do what we did with Bill Miller when he wanted to by Rangers and start a hate campaign and share of what would be a powerful real billionaire.

05 Sep 2014 12:35:31
Absolutely spot on, I really hope that the people that treated Bill Miller and his like the way they did are totally ashamed with what it brought us. People got carried away with the old ''we are Rangers people so we should run the club '' bs from the likes of the blue knights regardless of the fact we are not putting our hands in our pockets. Now we have the likes of the UOF, who somehow have newspapers believing they have some divine right to speak for Rangers fans doing the same thing to anyone other than themselves and Dave King.

We will never know what bill miller would have brought. but the people who protested against him as far as I could see had no real grounds to. and compared to what we have had since, I agree, they should hold there heads in shame, for there behaviour, and share responsibility with what has occured since

05 Sep 2014 20:19:50
Re 2,you are right no one knows what he would have given us, but the one thing we do know is that it would not have been as bad as what we were landed with, I agree certain people should hold their heads in shame, I include some SO CALLED INVESTORS who blinkered the punters, but unfortunately we still seem to have a certain element that believe unless you claim your blood runs blue you have no right to be part of this great club, well all I can say is that all we have had from these ''true Rangers men'' is bs and no cash.