Rangers Finances

 

Use our rumours form to send us rangers transfer rumours.


(single word yields best result)
 

24 May 2019 07:51:48
Morning Guys, what is the current situation with SDI as this is costing us a fortune in lost income and legal fees that could be better used. I know one of you said the latest court case had been put back last month, just wondering, as we can't go on losing the income we are, it would be pivotal to not requiring loans from the likes of Close Brothers etc.

Agree0 Disagree0

24 May 2019 11:36:43
Not to sure but I see that they have donatatet £20000 to themselves from the kids academy to fix the road outside stadium. Things must be tight.

24 May 2019 14:46:04
Decision early next month. I think they will need more than the £20k from the kiddies fund to pay the Ashley man. Oh and the outstanding loans to Close Brothers will be due very soon. Think the Glib and Shameless South African criminal will need to win the Euro Lotto to get even close to paying the debts that are mounting. Still everything is rosy according to most posters on here and your pliant press corps.

14 May 2019 13:15:02
2pm today the verdict on Ashley V Us.

Agree0 Disagree0

14 May 2019 14:19:20
Bet you are bursting with excitement then. Is this the only part of the forum that you troll.

14 May 2019 16:17:38
Well, what happened then?

14 May 2019 22:05:09
I'm only trying to keep fans up to date with the financial side of things. Not here to troll. Slim Jim I bet you were one of the ones saying 7 years ago, nobody told us. I've not heard the outcome, but even jboy agrees with me it won't be pretty.

14 May 2019 22:26:18
This hearing is not on the main case .
j The main case is 631. As I am led to beleive This case is on the terms of the new contract . case (726) back in tomorrow I believe. and of course we won’t win . Mr king knew this but it is damage limitation and the only way to get rid of roly poly and ultimately win in the end . Unfortunately a lot of people find that really hard to understand and would rather slaughter the chairman for taking up the fight . who else would have? I ask and where would we be now if he hadn’t? Dosnt bear thinking about.

14 May 2019 23:17:54
Molsgoal

On balance I agree. We have to accept though that big and expensive mistakes have been made when we can least afford it and as the self promoted face of Rangers he carries the can. As he and the 3 bears are the one financing it ultimately they have the right to deal with Ashley the way they choose.

Only time will tell if RIOM is right or wrong to persecute DK and highlight his concerns. If DK leaves us in the lurch halfway through then we who have supported him will be proved wrong.

15 May 2019 08:37:39
Iom not pretty but has to be done. You like me make guesses. Neither have access to everything that is happening.

16 May 2019 18:37:51
Rumour by a couple of my rangers mates, is that rangers don't want to settle out of court with sports direct as any compensation would require to be paid in an agreed time frame and would reflect as a outstanding debt in this season's accounts, where as they may be ordered to pay more by the judge at a later date, but they can then spend time appealing that decision therefore deffering payment until another accounting period. maybe the promised recovery is not as strong as stated at your AGM.

16 May 2019 23:35:48
That sounds good forward planning to me my friend.

17 May 2019 08:25:06
Friend of mine says that he’s been told by his granny who’s friend is a club insider that no-one outside the clubs legal team and directors have any idea what is happening with the Ashley case.

He says that everyone says they’ve heard a rumour, been told something by a good source or claims to be a legal wizz but actually they are simply full of bull.

Rest assured the club have a plan to rid us of Ashley in the best possible manner - it may end up costing more than the £3m we have already paid plus some legal fees but we have already cut his negative influence and substantially increased the retail income in the short term.

17 May 2019 13:54:09
So what plan would that be? Come on helo us all out here. So far no plan and all defeats in HM Court system. Enlighten us.

17 May 2019 19:33:28
Week what defeats is that hnh?

17 May 2019 19:41:13
From where I'm sitting the plan was to rid our club of all leeches 90% done fat man soon and then we will see what happens don't really know where your coming g from hnh reading too much single fish on your own site mate we've been listening to you lot for years and all that's happened is that we are back end of mate and maybe you would care to look at your own clubs finances oh wait you can't never been Able to and never will always been hidden always questions as to where the money goes never answered.

17 May 2019 20:32:11
We are very close . taking the fight to him . if fatty had his way rangers would not have had any strips for sale this year. Mr king just did not allow that . we are rangers remember. What flack would he have been given if that had been the sinareo. The fact we got them out there and our fans wore them proudly . is a battle won . by hook or by crook. At one point Ashley would have charged for every single crest on our chest . Dave kicked that one into touch. and to be honest I don’t care how he did it . but thank him for doing it . Green sold fatty the crest for what? A nominal fee of 1.50 through the books and whatever he got outwith . if I am correct . criminal.

18 May 2019 08:12:21
King is a convicted criminal, what exactly is your point.

19 May 2019 08:58:46
Dk19 you tell us about grannies rumour then state rest assured the club have a plan to rid us of Ashley--another rumour. It will cost more than the 3 million already wasted. For the other who call Ashley a crook, it was us who broke the 2 injunctions. He not Mr Nice guy but we fell into he's trap.

19 May 2019 17:39:28
For anyone that has a clue about accounts, differing a settlement does not make it disappear. An accountant would make provisions for a worst case scenario. Keeping putting off a settlement just costs more money. Bite the bullet and get it settled.

19 May 2019 20:26:37
Deferring not differing. ___ apologies.

20 May 2019 17:21:20
3 million not wasted but a worm on the end of a hook to reel him in . you just don’t get it do you . it would be impossible to deal with a crook like Ashley by honerable means. Can you not be happy and appreciate that we are in there with a fighting chance for next season without paying Ashley any money for wearing our own badge and logo and not paying him any money for rent of ibrox? Wow.

20 May 2019 17:59:59
Thanks for posting Ed . some of us have to stick up for the chairman.

20 May 2019 20:47:21
Lets wait and see on the results of the court cases before making out Dave to be some brilliant, clever tactician. One of the reasons some of us have doubts, is the amount of nonsense he comes away with.

20 May 2019 23:35:07
Of course we will lose . but it’s all collateral damage to get rid.

20 May 2019 23:38:16
Ps you might ask how much damage is acceptable? I would answer . well we were at deaths door if not worse with Ashley and co.

21 May 2019 07:33:58
so if you think we'll lose what do you think we gain from going to court? Other than costing us money?

21 May 2019 13:11:51
A £3m worm to get rid of Ashley? Molsgoals his shares were bought by rangers peoples and a £3m pay off but DK and our legal team didn't read the small print that allowed him a foothold back in. King then broke 2 injunctions and carried on selling merchandise against the law of the land. Mr King must have thought he was back in SA. We said in court last year we would sit down and work out a deal with SD then started a new outlet with elite, would that not get your back up. Paul Murray had left the building before this sit down with SD so we can't blame him.

21 May 2019 21:35:32
Blue berry it’s ash that’s taking us to court . and another episode we have to go through to get rid unfortunately. Mull are you having a laugh? Do you think your mind is so superior to mr king and his lawyers. What makes you think fir one minute that the rangers team did not read the small print? Did someone tell you this . Can you in your great wisdom and knowledge of the court and justice system tell me how Mr king and team could have played it any differently to get a better result? Ashley nearly owned our club lock stock and barrel for a pittance. Were you happy that he owned our badge and intended to take a copyright payment every time it was used? On every strip . on every piece of official merchandising throughout the world. By hook or by crook mr king stopped that and then intent to lease our ground back to us. So all the contracts all the small print acceptance and all the rest is part and parcel of the overall picture of no . NO sports direct in our stadium. and if mr king had to go along with the small print to get this far then so be it. Professional law teams ignoring small print . the very fact that is brought up as an argument for me tells its own story.

21 May 2019 22:33:35
We've been taken to court because the club (king) has broken the terms of a contract. To have avoided that the club (king) should have kept to the contract that the club (king) agreed to. This is costing the club money. Money which should be going into running the club, transfers. As much as I don't like Ashley, going up against him in court when your in the wrong is just mad. How much is all this going to cost the club?

22 May 2019 06:23:58
Molsgoals Mr King team could have play it different. All they had to do was get JD sport or the likes to pay a fraction of a penny in the pound more than SD. There was plenty of ways round it. By the way you said I was trying to use superior legal knowledge (I just read and listen to all sides of the argument) but then tell us King and the know about did read the small print- WHAT-that makes it worse. At the end of this legal stuff we will need to sit down with SD and work out a deal oh and pay compensation.

22 May 2019 06:49:29
RIOM

What you are suggesting is barely legal and effectively price fixing and would be against any normal tender process for any contract (that’s not to say it does not go on) . In any case I am pretty sure that when DK agreed the deal with Elite etc that there was no price given by SD as they had not been given the opportunity to match the tender bids by others. If this is truly a feature of the agreements with SD and is this simple, then who ever drew up this agreement should be sacked if they have not already been? ( some suggest PM) This is incompetence as the contract under these conditions could only ever go to SD or as minimum a contract which is shared between suppliers.

Problem with all of this no one truly know the specifics of the clauses in the agreement with SD so it’s all guess work.

22 May 2019 10:41:56
Barely legal mols
So what's breaking not 1 but 2 injunctions? . So King was wrong setting up with Elite when he knew he had to give SD a chance to bid- correct.

22 May 2019 11:27:27
Isle of Mull; by chove I think Molsy boy is starting to get the idea? Just keep at him and he might actually break and concede, what we all know as fact. King is a convicted criminal, he has spent little or none of his own money to be where he is today; he used gullible supporters just like Mols to acquire shares and power. He then goes off to do dirty deals with people who are far bigger stronger and smarter than him, attracting huge costs in litigation, which will, at this last attempt at trying to outsmart Ashley, will cost him or the Club, circa £10m.
Now Mols and the others on this site, what exactly have I written, or written by others and the simple facts can't you grasp? The next couple of weeks will be the most important faced by your Club since you were last liquidated. Wake up.

22 May 2019 13:11:32
The thing is hnh why do you care? You don't support rangers do you? This is a rangers fan forum. You and some of your buddies appear to be obsessed with all things rangers.

22 May 2019 20:03:29
RIOM

You may be absolutely correct but as I and others have said many times we do not know the full facts as none of us have access to the contracts. All the opinions expressed on here are simply hot air ( including mine) until the courts decide the outcome. Has DK made costly mistakes - yes without question but because he is footing the bill so he has more right than any one on here to choose how to deal with Ashley.

HnH and RIOM May be right in the long term but our trivial and forgettable opinions have no impact on the outcome of this contractual dispute. In the end if I am being asked if I would rather have a flawed DK or a clever Ashley it will be DK every time as Ashley has no interest in what’s best for Rangers.

22 May 2019 20:52:13
Mols agree with you about Ashley, but if think for one minute that King is going to foot this bill rearranged this banana boat, Clyde, came up, the.

23 May 2019 04:27:41
Dk is not even mentioned in the civil action so it's clearly your club who will have to foot the compensation and costs. very likely to be several million pounds.

Sd costs at the March hearing were listed as over £400,000 and there have been two further hearings since.

23 May 2019 19:24:18
Roim, I really do think you are just totally obsessed and if mr king came and brought us out of this in any kind of favourable way . you like hoh would be extremely disappointed. We waited months and months for Ashley to make an offer and none was forthcoming . that’s why mr king took the bull by the horns. If Ashley had his way we would not have had any new strips this season.

That is what I think he was counting on so the likes of yourself could have stirred up a frenzy to get rid of the board . I sometimes think mr king can never win and I find it quite remarkable that he has hung in there with so much apathy around. In saying that however I do realise that the apathy is coming from a very very small minority. Let’s see how many season tickets are sold. If Ashley had blagged our ground I defiantly would not have bought one I am sorry to say . As it is I got mine within days.

23 May 2019 1:36:13
RIOM

Who finances Rangers at the moment - DK and the 3 bears. They then recover the funds (unsecured loans) through a series of conversion of loans to shares through share issues. This is the model by which Rangers is funded so the point is that DK and the 3 bears are shouldering the commercial risk.

Is this a good and sustainable model for Rangers - definitely not but in the absence of an easy and achievable alternative then this is what we have regardless what you and I think. Make no mistake if Rangers go under DK will have lost millions in shares that are worthless not to mention the remaining unsecured loans.

Clearly and obviously the legal proceedings are with the club and thought this was obvious.

09 May 2019 12:45:41
Any dates yet for the next episode of the epic series King v Ashley.

Agree0 Disagree0

09 May 2019 19:00:09
your on the wrong site for that information mate . try the Tims site they will tell you they seem to know everything.

10 May 2019 05:48:34
Very soon. clock ticking, think of you.

25 Apr 2019 17:27:19
Surely there is a legal way to get Ashley of our backs? How did Debenhams get him out? Or am I wrong and everything is settled?

Agree2 Disagree0

26 Apr 2019 14:10:58
Just waiting for the High Court to decide on how many millions owed to Sports Direct for stuffing them over the merchandise scheme.

26 Apr 2019 19:24:37
What was the £x million we paid last year to get rid of that scumbag?

26 Apr 2019 20:25:14
Different reason I'm afraid.

27 Apr 2019 04:40:34
There's also a dispute in court to determine who actual owns the assets of sevco, that may take longer to resolve than the rangers v sports direct compensation case.

27 Apr 2019 09:41:54
Deary me, AHW your obsessed with all things Rangers, almost as if you secretly want to be one of the people!

27 Apr 2019 13:17:51
There is a legal way, but King favours another way, that's why you keep ending up in court.

28 Apr 2019 05:08:44
Blueberry. what pains you most is the fact that king spends as much time advising briefs than he does mismanaging rangers.

29 Apr 2019 13:42:23
what pains me is your obsession on all things rangers. I'd think you'd be on your own page talking about the 'Special One' becoming your manager! But no its all about the rangers.

29 Apr 2019 13:54:49
Better the talk about some special one coming to us in comparison to your failure under the anti Christ Steve Gerrard.

29 Apr 2019 15:23:00
The one that was here for 10iar jumped ship at the first sign of a challenge, it will be dregs of the barrel names like lennon that will be checking in at the dhims. Ahw spends his time on here trying to convince us that celtic are an attraction because he knows if he tried that over on his own pages the masses would hunt him for talking p1$h👍.

16 Apr 2019 12:17:52
Morning Guys, I just wanted to get your feelings on this situation with 'Fat Man Ashley'. I feel we have to keep fighting him, but, here's the thing, I'm not impressed with what our so called Legal Team are doing, we must surely have highlighted areas that we feel we will win, only to get slapped down again by an English Judge. We could have done with the legal costs for our playing budget for next season, also, I feel DK is leaving us open to ridicule from the dark side with some of the drivel he is spouting in the papers. As I said guys, I just want rid of Ashley once and for all, we need clarification as to when we will see the financial benefits from strip sales in the Rangers coffers.

Agree3 Disagree0

16 Apr 2019 13:47:39
Think you have about as much chance of getting clarification or honesty from your board as we have of winning next season's champions league about 10,000 to 1 against.

16 Apr 2019 18:14:20
Another tumbleweed blows past😧👍.

17 Apr 2019 05:50:22
Coldo. please explain any clarification you might have received or expect to get.

In king you trust. hahaha.

17 Apr 2019 10:51:37
AHW, ashley is a sewer rat and will try and bully to get his own way. Just look at what he is trying with debenhams, they chased him. King is trying to chase him. As for hahaha, are you challenged intellectually? I feel bad now for the tumbleweed jokes made against you😳😁👍.

18 Apr 2019 06:18:32
Sewer rat he may but he's also very successful businessman who has shown king to the amateur that he is.

Ashley has shown king should not be allowed to organise your club piss up let alone be involved in Scotland's newest football club.

Looking forward to the judgements against rangers and sevco.

18 Apr 2019 10:13:47
You and your type look forward to all things rangers. Ashley has showed king nothing, to go the full twelve rounds and win there is every chance that you will lose a round or two. Not worried in the slightest. Ashley is not doing this for business, he is doing it out of spite because he can't stand the fact that king and co won't bow to him. You still going with the new club patter? If we are a new club why are you hanging about on here? Your obsession won't accept your new club theory😉😂😂👍.

18 Apr 2019 11:53:21
Coldo, the thing about it, is that every pound king puts in Ashley's pocket, is a pound less rangers have towards stopping our ten in a row. can't you see king is happy to have these cases, and supporters like you defending him, it takes away any enquiry into the reasons rangers are so far behind Celtic in both finances and development.

We keep hearing from your end, the car park is collateral against another loan, from our end it's development, building the team, building the 4 star hotel and hosting international events.

Hey if you happy with second place, no cups or trophies and limited development, we will be happy to oblige you.

18 Apr 2019 12:05:42
thank goodness we have an expert in all things rangers in AHW.

18 Apr 2019 15:02:25
Blueberry. happy to keep you chaps up to date with the facts, against the bullshi# that sprouts from kings mouth.

18 Apr 2019 15:22:25
King is not happy to have these cases, king just won't roll over and be bullied. It was never going to be easy to get rid of ashley, that's why ashley had gagging orders in place so that his dodgey contracts would never be known. You don't hear anything from me about car parks or whatever you are going on about. Supporters like me stand up against rats like ashley and won't settle for anything less than what is right. I have no problem speaking up👍. No one cares what celtic are doing, and for your info funding has been taken away from your team because of your daft hotel, the majority of your owns fans think the hotel is a daft idea. Having said that if you's hadn't bought the disco lights you's would not have had to sell dembelle to pay for it. The majority of your own fans fear "downsizing" this summer because you's also don't fancy four qualifying rounds👍. that's why lennon will get the gig because liewell knows that lennon won't ask for too much money. I appreciate your concern for us but if I was you I'd jog on back to parkhead and watch liewell get shot of the big earners. 4 qualifying rounds to the champs league is almost impossible for a team with your budget👍.

18 Apr 2019 16:15:39
Coldo. read your rant. just to remind, we are solvent, we have regular European runs both in the champions league and this season last 32 in Europa. we have earned several million more than rangers in that campaign alone.

Those on my side apprehensive about the hotel, need to look long-term, with the Emirates next door and the redevelopment of Glasgow East end, the hotel will not only be a success but a long term contributer to the ongoing success of the club.

I heard very few objections from rangers fans in relation to the new loans secured in February against assets of your club, or is the new club mindset, we now expect regular visits to pawn brookers for end of season bail outs.

18 Apr 2019 23:22:12
AHW, for someone who makes reference to us being a new club you seem to have a keen interest in our new club. Just to remind you, we are solvent, you can't call getting whipped in the champions league a run and the only mindset you know is all things rangers. Why don't you jog on over to your own site and try to convince the rest about what you rant about because the vast majority know that liewell will appoint lennon because the puppet won't rock the boat and ask for money. 👍.

19 Apr 2019 13:14:42
Sorry coldo. Solvent. you were recently at the pawnbrookers again for another pay day loan

Any run in Europe pays it's way, minor distraction the results

Lennon. well we will see. who every the manager is it will be 9 in a row again.

21 Apr 2019 01:41:39
Coldo, if new rangers are so solvent how come the recent begging bowl to close brothers for a pay day loan (season ticket money), as published at companies house in February. did king not ten days before state rangers were cash sufficient till the end of the season. smoke and mirrors.

Champions league is champions league, money in the bank, I'm sure king would not turn it down. I'm already looking forward to next season's campaign and the many other ahead as we wait to be challenged for the title.

You may be right about Lennon, but no one will complain when he delivers our 2nd 9 in a row, then 10, 11 and 12 in a row.

As the new rangers supporter that you clearly are, I can fully understand the jealousy you have for Celtic, maybe sometime in the distant future you may get to witness new rangers lift their first open trophy, that's unless your claiming the fray bentos cup you won in the lower leagues as your first.

Have a nice Easter, maybe you'll do is a favour and drop points tomorrow to allow Lennon to celebrate the championship at Easter bunny road.

23 Apr 2019 13:17:50
AHW, you come off as desperate when you reply to your own post. Ps Hope you enjoyed easter as much as I did😁👏👍.

23 Apr 2019 15:17:55
Coldo sorry to burst your bubble.

I posted the 21st post early on the 19th, I'm sure ed will confirm, it wasn't posted, so I reposted an abbreviated version which was posted the same day.

Would be useful if you addressed the points rather than trying to take the rather poor pee.

23 Apr 2019 22:35:11
I have addressed the points, but its hard to get through to a dhim that continues to make reference to new club or counters with "I know you are jealous". I suppose I am taking the pee pee because that's about your level AHW👍.

15 Apr 2019 13:30:02
Busy day for rangers solicitors today.

Two different hearings in court today.

Where's the money coming from to settle these cases if rangers or in the second case sevco lose.

Agree2 Disagree0

16 Apr 2019 18:13:07
Another tumbleweed blows past😧👍.

17 Apr 2019 05:48:44
Coldo. I except your unable to defend your board, might be interested more if you had a actually defence to offer in regard to both cases.

17 Apr 2019 10:52:05
Ahw, see above👍.

14 Apr 2019 14:31:23
Can someone please explain to me what the crack is with Ashley and the on going court cases he brings against us . I'm completely lost with the whole thing .

Agree0 Disagree0

14 Apr 2019 20:20:15
Me too just can't get round it all hope this is the one too put it all behind us and start getting our own business done.

14 Apr 2019 21:32:05
Basically your board screwed up again, (according to sports direct), big Mike wants his weetabix, costs alone expected to be North of £600,000 for losing party, possibly millions in compensation if rangers lose case.

16 Apr 2019 09:03:34
Another accountant/ law expert/ building inspector to add to the collecation on here 😂😂.

16 Apr 2019 12:04:13
Frustrated blue, kindly provide your expert alternative theory.

16 Apr 2019 16:57:19
I don't claim to be in the know, so unsure how u seem so certain what it's going to cost. Might as well not go to court better just asking a Celtic fan, experts on all things law regarding rangers I'm sure you know down to the penny, how much we owe ashley. Just give the judge a phone, let him know your verdict mate 😂😂.

17 Apr 2019 05:46:29
Frustrated blue. in the press last week sports direct team declared to the court legal costs exceeding £400,000, I assume Rangers solicitors not working for free.

But hey. head in the sand etc.

17 Apr 2019 08:08:27
Did ye phone him, aye? 😉.

18 Apr 2019 11:58:12
Frustrated blue, no need to phone him, the numbers relating to costs published in the press sums it up.

Looking forward to seeing your end of year figures. I see tears and cries of pain coming again. then the positive spin from king, better than anticipated, blame Ashley, blame the media, blame them but don't blame king.

No wonder your a frustrated blue.

18 Apr 2019 16:46:58
Think your also a closet blue, the amount of time you hang about on a rangers page. Sad sad man we consume you 😂😂😂.

19 Apr 2019 05:29:20
Frustrated blue. another one who tries just to reflect.

What are you expecting from this year's full year figures, or is it simply "in king we believe, no matter how bad we preform, on and off the field".

At least on our side of the city we ask the questions, maybe we don't always get the answer we want, but we ask.

28 Mar 2019 10:24:00
Great to read today that fatso Ashley has been told by the board of Debenhams to get stuffed. He received the same message from another company who he wants to rip off, Findel. Poor fatso.

Agree1 Disagree0

30 Mar 2019 09:58:54
Not true he has been given to 31/ 3 to finalise a deal.
Also hope he buys them and many other companies as it just might take his mind of us.

09 Apr 2019 18:13:42
Doiger u must now be happy re Debenhams, potential 25000 unemployed. Pension nearly wiped out.

09 Apr 2019 19:01:38
and your point is jboy21?

09 Apr 2019 19:18:28
Jboy, surely you’re not defending Ashley’s business methods?

He is a bully (a very clever bully) who has no interest is working with anyone who does not have his own interests at heart.

09 Apr 2019 21:03:45
Dk no I'm defending the 25000 who will be shafted.

10 Apr 2019 14:17:14
They would get shafted if Ashley took over too.

11 Apr 2019 11:32:29
Well said jboy, Ashley is ruthless but again the only one who will suffer are the employees. Poor guys and girls will lose their jobs.

18 Apr 2019 12:00:01
Ashley now attempting to recoup his Debenhams losses with donations from the rangers board.

05 Mar 2019 12:01:44
Guys, is there any truth in the guff being spouted yesterday in the ET by the other mob. They are saying we've borrowed another £7.50 Million from Close Brothers, I certainly hope not, and would be shocked if we needed it after the positive spin on the mid term results.

Agree1 Disagree0

05 Mar 2019 15:33:30
They have certainly taken out another loan through close brothers, I am not aware of exact amount. This seems to be common practice at this point in the season. Getting credit can be seen as a positive after the financial meltdown of last few years. The 'positive spin' was just that, we are still set to make a full year loss.

06 Mar 2019 07:23:56
Cuillin where are u finding info. Nothing showing from companies house. Yet.

06 Mar 2019 22:58:26
Saw it last week mate, haven't seen it since right enough.

06 Mar 2019 23:07:04
Check charges at companies house and there are charges created 20th and 26th Feb.

07 Mar 2019 11:42:57
Yep now seeing it.

14 Mar 2019 20:26:32
I have not commented recently, but I must say certain cracks are causing doubt. Transparency was a word used by dk, but actions speak louder than words.!

15 Mar 2019 13:54:33
Agree billyb, the award against u to SD in April could be catastrophic.

15 Mar 2019 17:05:05
If we have wilfully broken a legally binding contract just so king can get one over on Mike Ashley then that's indefensible. Could cripple every bit of progress we've made off the park this year.

15 Mar 2019 19:23:28
FB I have a real fear in relation to how much we will be ordered to pay.
If it goes way I think it might, we r in worst ever state.

17 Mar 2019 06:31:51
Hahaha Jboy21 has RIOM been right all along and your belittling of him making you feel kinda stupid now?

17 Mar 2019 07:31:10
Ramsey nope. All different cases. His point is he does not like king.

17 Mar 2019 16:56:19
Jboy21, I am similar and have never hidden my dislike for the way dk does his business. I believe RIOM posts his genuinely felt worries about the way dk handles the finances of our club.
I actually believe that the bulk of the posters on here are genuinely posting their opinions, but there are several who post with their heart, without their brain being in gear. I think you know who I mean.

17 Mar 2019 18:13:26
I don't mind people's opinions, in fact I respect them. However, should not call people liars.

18 Mar 2019 11:52:15
Apologies Jboy21, I forgot about that.

18 Mar 2019 15:20:43
Billyb u have nothing to apogee say for, u r one of best posters on here.

18 Mar 2019 16:00:08
FFS, every silver lining has a cloud with you guys- always waiting for the next prophet of doom comment!

Whilst most on here can see that IOM has been proved wrong time and time again there remain a few diehard naysayers and a few who jump from one view to the opposite with regularity - “I agree with you mate even though I also agree with the guy who disagrees with you but only because I respect you” and by the way “I just love debating with you”!

Honestly, try a little positivity towards DK and show belief - he has done pretty well so far both with the improvements in our finances and in his battle to escape Ashley and his cronies.

There may be a few cracks but they ain’t nothing compared to the huge crevises only a few years ago.

18 Mar 2019 16:03:27
Thank you Billy b just wish all the stuff I've written on this forum was garbage and our club had no financial worries.

18 Mar 2019 16:04:18
DK was praised on here for his deal to rid us of Ashley but I'm very afraid it will come to haunt us.

18 Mar 2019 16:06:59
Think I've asked you before jboy show or tell me where and when I've said you lied.

18 Mar 2019 20:18:00
U apologised IoM. Also my latest post does not refer to king, it refers to fact we chose to sell strips. Paul Murray, brokered this farce.

20 Mar 2019 15:23:45
JBoy are you honestly wanting us to believe that DK did not have anything to do with the current mess with SD and Ashley? So you think it was just down to Paul Murray? DK pulls all the strings at Ibrox, he has the 3 Bears on his side; so Paul Murray is not the problem but your Chairman is!

20 Mar 2019 15:29:48
And King stood back oh wait King told anyone and everyone that's us rid of Ashley. He took the credit for it surely he must now take some of the blame.

20 Mar 2019 20:33:31
Gets not interested anymore. In your work does the boss negotiate everything or does he empower others to do some work
And IoM yes king takes some of the blame, have u actually read my viewpoint on king, oh no that would not suit your arguments.

20 Mar 2019 22:50:50
OMG you guys will never get it will you? This is the road we have to go down to rid ourself of the fat man. How else could we fight the contracts his men negotiated for him? What do you want dk to do? Hire a hitman?

21 Mar 2019 13:26:18
Molsgoals, When you have a legally binding contract then you should honour it, or re-negotiate and replace it with another legally binding contract, paying any compensation.
Dk claimed that a re-negotiation took place and we were clear of ashley ------ NOT TRUE, as the subsequent court decisions have proved.

21 Mar 2019 20:41:10
Gave him a bit of credit the last few months while always being cautious, my big worry was always his trying to find loopholes in the law, or just ignore it. This bill could be disastrous for us. I agree with Billy, he blatantly told us were rid of Ashley for good.

23 Mar 2019 08:48:28
So rangers wanted rid of Ashley so they managed to negotiate a new deal by paying him 3 million and telling their fans to buy merchandise from him. They then told their fans that Ashley was gone.

However, they didn't tell the fans that they had left the door open for his return by adding a clause that allowed Ashley to match any future retail bids.

So the questions that should be getting asked is who at rangers was that inept at their job, that they allowed this clause to be included? Have they been fired?

23 Mar 2019 15:12:25
Fair point tbh.

23 Mar 2019 18:08:57
Right or wrong, the buck stops with the man at the top. DK may have delegated certain duties to people he trusted, but when things go wrong, and I think if you check the top table, the axe has hit it's target.

23 Mar 2019 18:10:37
Yes that's why Paul Murray no longer at ibrox.

23 Mar 2019 18:51:31
How do u know it was Paul Murray jboy? Or is it a guess?

23 Mar 2019 19:10:47
Why did they have an accountant negotiating compicated contracts?

23 Mar 2019 23:56:55
All king had to do was get us the best deal with any retailer then Ashley had to match it, if he didn't he was out. King told the world he had rid us of Ashley, so in order to prove his success he broke 2 injunctions FACT.

24 Mar 2019 09:08:17
Fb that was the story in club Europe coming from two ex players. Also was reported in Herald.

24 Mar 2019 16:45:42
Cheers jboy. So could be true or could be a cover up from club. It's really worrying me how much this case could set us back again. We've made moredundant progress off the park this year than the last few years combined, these damages costs could burn it all to the ground.

24 Mar 2019 19:25:31
My concern too, Ashley wants to screw us into the ground, he won't let go.

01 Mar 2019 19:01:09
RIOM

You have your court ruling requested on the on the 16/ 02/ 19.

Agree2 Disagree0

 


Rangers Finances 2


Rangers Finances 3

 
Log In or Register to post

User
Pass
Remember me

Forgot Pass