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Rangers are Rocking; Scottys Financial insight inside.


Speirs  

64 members have voted

  1. 1. Was Speirs talking the truth or lying

    • Yes
      54
    • No
      10

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To get rid of Ashley they are probably going to have to find close on £20 million what with the loans and commercial deal.Is it feasible they can do this given the huge outlay needed on the team and club? Otherwise, if they decide to hold fire on paying him off he can immediately appoint two board members while strangling cash flow through his retail deal.

Only £5m to pay off the loans or they could just outnumber the 2 appointees of Ashley at any vote. As they'll control the board they can ensure his guys don't actually get any role within the club thereby killing his influence.

The commercial deals are the most worrying as they could cost the club money. Perhaps a deal can be struck, as Ashley is a business man who like to make money.

Either way I doubt we'd need £20m to get shot of him.

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Can King and Ashley not work together for the greater good ?

If the "greater good" means Mike Ashley's bank balance, then Ashley would probably be happy to do that.
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Yep and once again the media are playing along. Surely can't be worse than the whyte fiasco but I can't see it as all that good either.

Are they or is that just what people want to think and aren't actually reading what is being printed. Even Jackson is in the Record this morning saying King has a challenge ahead of him, not least proving to the SFA that he's "fit and proper and not a glib and shameless liar".

I'e seen plenty of articles from the likes of Tom English and Richard Wilson saying similar.

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Are they or is that just what people want to think and aren't actually reading what is being printed. Even Jackson is in the Record this morning saying King has a challenge ahead of him, not least proving to the SFA that he's "fit and proper and not a glib and shameless liar".

I'e seen plenty of articles from the likes of Tom English and Richard Wilson saying similar.

He's had an easy ride fairbairn. Where's the questions asking in detail what his financial plan is. I know they haven't got answers like that from Ashley but then Ashley doesn't court the press.

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He's had an easy ride fairbairn. Where's the questions asking in detail what his financial plan is. I know they haven't got answers like that from Ashley but then Ashley doesn't court the press.

Maybe he doesn't want to release such information till he's actually in the box seat?

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Maybe he doesn't want to release such information till he's actually in the box seat?

So what is the wide scale support based on? Desperation for a saviour?

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I thought I read that the loan agreement gave Ashley the right to appoint two board members.

edit: yeah I did.

http://www.telegraph.co.uk/sport/football/teams/rangers/11305642/Mike-Ashley-refuses-to-blink-as-Derek-Llambias-is-made-chief-executive-at-Rangers.html

So King & Co will have to lend RFC the money to pay off Ashley if they want to get rid of them.

Edited by thplinth
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I thought I read that the loan agreement gave Ashley the right to appoint two board members.

edit: yeah I did.

http://www.telegraph.co.uk/sport/football/teams/rangers/11305642/Mike-Ashley-refuses-to-blink-as-Derek-Llambias-is-made-chief-executive-at-Rangers.html

So King & Co will have to lend RFC the money to pay off Ashley if they want to get rid of them.

Or allow him to appoint 2 other board members. As I've stated earlier I'm sure part of the plan must include paying Ashley back his £5M.

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He's had an easy ride fairbairn. Where's the questions asking in detail what his financial plan is. I know they haven't got answers like that from Ashley but then Ashley doesn't court the press.

To be fair to king he did an hour long press conference where he answered questions about his plans. That was a couple of weeks ago when it still wasn't clear the outcome of the egm.
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I think that's above and beyond running costs, building a casino, and giving Ibrox a retractable roof/pitch.

Would love to see a retractable roof pitch. Need to raise the standa too though

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