Squirrelhumper Posted March 3, 2015 Share Posted March 3, 2015 http://www.dailyrecord.co.uk/sport/football/football-news/rangers-kingpin-mike-ashley-worlds-5263535 Ashley is struggling for cash, no wonder he's trying to get every penny he can out Rangers. Quote Link to comment Share on other sites More sharing options...
ShedTA Posted March 3, 2015 Share Posted March 3, 2015 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. ah I missed that. so what did he say? How much has he got available to "invest" in the club., how will he raise further income? How does he get around the fact that he is banned by the sfa from being involved with a club for 5 years following the liquidation? was he asked all these - didnt see any answers to these questions in the press. I assume all these questions were asked and answered in detail. given what the fans of the club has been through and the utter shambles we have witnessed affecting the scottish game I would hope this has been clarified before he is handed the keys to ibrox? Quote Link to comment Share on other sites More sharing options...
Angus_Young Posted March 3, 2015 Share Posted March 3, 2015 I reckon they'll be re-appointed. That would be a complete disaster. I keep hearing that Allyt worked under difficult circumstances, but he was given plenty to spend and certainly didn't use it wisely. Quote Link to comment Share on other sites More sharing options...
sbcmfc Posted March 3, 2015 Share Posted March 3, 2015 ah I missed that. so what did he say? How much has he got available to "invest" in the club., how will he raise further income? How does he get around the fact that he is banned by the sfa from being involved with a club for 5 years following the liquidation? was he asked all these - didnt see any answers to these questions in the press. I assume all these questions were asked and answered in detail. given what the fans of the club has been through and the utter shambles we have witnessed affecting the scottish game I would hope this has been clarified before he is handed the keys to ibrox? I'd imagine the questions were about as difficult and cutting as a Walter smith interview post european hammering in a wi-fi-less ibrox? I may be wrong though. Quote Link to comment Share on other sites More sharing options...
Parklife Posted March 3, 2015 Share Posted March 3, 2015 I'd imagine the questions were about as difficult and cutting as a Walter smith interview post european hammering in a wi-fi-less ibrox? I may be wrong though. Or Chick Young to Brian Laudraup: "Brian, how did you get so good?" Quote Link to comment Share on other sites More sharing options...
Debian Posted March 3, 2015 Share Posted March 3, 2015 Or Chick Young to Brian Laudraup: "Brian, how did you get so good?" That was Jim White Quote Link to comment Share on other sites More sharing options...
RenfrewBlue Posted March 3, 2015 Share Posted March 3, 2015 That was Jim WhiteChick Young said that to Jim White? ? Quote Link to comment Share on other sites More sharing options...
Debian Posted March 3, 2015 Share Posted March 3, 2015 Chick Young said that to Jim White? Haven't you head the rumours? Dirty buggers Quote Link to comment Share on other sites More sharing options...
Flure Posted March 3, 2015 Share Posted March 3, 2015 Chick Young said that to Jim White? Quote Link to comment Share on other sites More sharing options...
Scunnered Posted March 3, 2015 Share Posted March 3, 2015 Chick Young said that to Jim White? Quote Link to comment Share on other sites More sharing options...
Chief Posted March 3, 2015 Share Posted March 3, 2015 King has announced a landslide victory and no need for EGM... Quote Link to comment Share on other sites More sharing options...
johnnie x Posted March 3, 2015 Author Share Posted March 3, 2015 £7.5k fine for mike Ashley The SFA never fail to surprise. Quote Link to comment Share on other sites More sharing options...
RenfrewBlue Posted March 3, 2015 Share Posted March 3, 2015 £7.5k fine for mike Ashley The SFA never fail to surprise. He'll be skint now. ?The SFA are almost totally redundant these days. Quote Link to comment Share on other sites More sharing options...
ShedTA Posted March 3, 2015 Share Posted March 3, 2015 £7.5k fine for mike Ashley The SFA never fail to surprise. FFS. why bother? Quote Link to comment Share on other sites More sharing options...
ShedTA Posted March 3, 2015 Share Posted March 3, 2015 Llambias and leach on 12 month notice clauses. Will be seeking full compensation. ? Quote Link to comment Share on other sites More sharing options...
Flure Posted March 3, 2015 Share Posted March 3, 2015 (edited) From the Article of Association. OFFICIAL RETURN Each full member and associate member shall lodge with the Secretary not later than lst June in each year the Official Return and shall notify in writing without delay any subsequent changes to the details contained in such Official Return to the Secretary. Each full member and associate member will procure that the relevant office-bearer, secretary, director or member of the board of management or committee of such member will personally confirm to the Association utilising the form prescribed by the Board that a) he has been furnished with a copy of the Articles and that having read in particular Articles 10, 13 and 14, the information supplied by him using the prescribed form is complete, true and accurate; and he is a fit and proper person to hold such position within Association Football. The Official Return shall include details of all office-bearers, secretary, directors, or members of the board of management or committee of such member, manager/ assistant manager or first team coach, (or equivalent as applicable), with their full designation, profession, business or occupation and full postal address and also subject to the provisions of Articles 13, 14 and 15 full details of the interest of such member or any office-bearer, secretary, director or member of the board of management or committee of such member and of its or his associates as defined in Articles 14.4 and 14.5 in any other member. The Board must be satisfied that any such person is fit and proper to hold such position within Association Football. The Board hereby reserves its discretion as to whether or not such a person is fit and proper, as aforesaid, after due consideration of all relevant facts, which the Board has in its possession and knowledge, including the undernoted list which is acknowledged to be illustrative and not exhaustive:- (1) he is bankrupt or has made any arrangement or composition with his creditors generally; (2) he is of unsound mind and has been or is to be admitted to hospital as suffering from a mental disorder following an application for admission for treatment under the Mental Health (Scotland) Act, 1984 or Mental Health Act 1983 or a Court having jurisdiction in the United Kingdom or elsewhere has ordered in matters relating to mental disorder his detention or the appointment of a curator bonis or any other person to exercise power with regard to his property or affairs; (3) he is under or is pending suspension imposed or confirmed by the Association; (4) he is listed in the Official Return of another club in full or associate membership; (5) he is currently participating as a player of another member club or referee in Association Football; (6) he is the subject of an endorsed Disclosure from Disclosure Scotland; (7) he has been disqualified as a director pursuant to the Company Directors’ Disqualification Act 1986 within the previous five years; (8) he has been convicted of (a) an offence liable to imprisonment of two years or over, ( corruption or © fraud within the last 10 years; (9) he has been suspended or expelled by a National Association from involvement in the administration of a club; (10) he has been a director of a club in membership of any National Association which has undergone an insolvency event within the five year period preceding the said insolvency event.http://www.scottishfa.co.uk/resources/documents/SFAPublications/SFAHandbook/09Articles.pdf How does ( or does it at all) Clause 10 relate to Mr King? Edited March 3, 2015 by Flure Quote Link to comment Share on other sites More sharing options...
Parklife Posted March 3, 2015 Share Posted March 3, 2015 From the Article of Association. OFFICIAL RETURN Each full member and associate member shall lodge with the Secretary not later than lst June in each year the Official Return and shall notify in writing without delay any subsequent changes to the details contained in such Official Return to the Secretary. Each full member and associate member will procure that the relevant office-bearer, secretary, director or member of the board of management or committee of such member will personally confirm to the Association utilising the form prescribed by the Board that a) he has been furnished with a copy of the Articles and that having read in particular Articles 10, 13 and 14, the information supplied by him using the prescribed form is complete, true and accurate; and he is a fit and proper person to hold such position within Association Football. The Official Return shall include details of all office-bearers, secretary, directors, or members of the board of management or committee of such member, manager/ assistant manager or first team coach, (or equivalent as applicable), with their full designation, profession, business or occupation and full postal address and also subject to the provisions of Articles 13, 14 and 15 full details of the interest of such member or any office-bearer, secretary, director or member of the board of management or committee of such member and of its or his associates as defined in Articles 14.4 and 14.5 in any other member. The Board must be satisfied that any such person is fit and proper to hold such position within Association Football. The Board hereby reserves its discretion as to whether or not such a person is fit and proper, as aforesaid, after due consideration of all relevant facts, which the Board has in its possession and knowledge, including the undernoted list which is acknowledged to be illustrative and not exhaustive:- (1) he is bankrupt or has made any arrangement or composition with his creditors generally; (2) he is of unsound mind and has been or is to be admitted to hospital as suffering from a mental disorder following an application for admission for treatment under the Mental Health (Scotland) Act, 1984 or Mental Health Act 1983 or a Court having jurisdiction in the United Kingdom or elsewhere has ordered in matters relating to mental disorder his detention or the appointment of a curator bonis or any other person to exercise power with regard to his property or affairs; (3) he is under or is pending suspension imposed or confirmed by the Association; (4) he is listed in the Official Return of another club in full or associate membership; (5) he is currently participating as a player of another member club or referee in Association Football; (6) he is the subject of an endorsed Disclosure from Disclosure Scotland; (7) he has been disqualified as a director pursuant to the Company Directors Disqualification Act 1986 within the previous five years; (8) he has been convicted of (a) an offence liable to imprisonment of two years or over, ( corruption or © fraud within the last 10 years; (9) he has been suspended or expelled by a National Association from involvement in the administration of a club; (10) he has been a director of a club in membership of any National Association which has undergone an insolvency event within the five year period preceding the said insolvency event. http://www.scottishfa.co.uk/resources/documents/SFAPublications/SFAHandbook/09Articles.pdf How does ( or does it at all) Clause 10 relate to Mr King? I had this discussion and posted the above on here last week. Bruce778 is certain that we can just ignore the SFA's guidelines, as King is allowed to be a Director of a company in South Africa. Being a liar, a Director of Rangers when they were set on the road to ruin (for which we was heavily criticised in the SPL enquiry in to Rangers' collapse) and a convicted tax cheat is all irrelevant because he's allowed to be a director in SA. Quote Link to comment Share on other sites More sharing options...
TartanJon Posted March 3, 2015 Share Posted March 3, 2015 Rangers taking the other £5m Ashley loan Quote Link to comment Share on other sites More sharing options...
Flure Posted March 3, 2015 Share Posted March 3, 2015 I had this discussion and posted the above on here last week. Bruce778 is certain that we can just ignore the SFA's guidelines, as King is allowed to be a Director of a company in South Africa. Being a liar, a Director of Rangers when they were set on the road to ruin (for which we was heavily criticised in the SPL enquiry in to Rangers' collapse) and a convicted tax cheat is all irrelevant because he's allowed to be a director in SA. Oh, sorry. I was otherwise sunning myself on a remote island. Quote Link to comment Share on other sites More sharing options...
Parklife Posted March 3, 2015 Share Posted March 3, 2015 Oh, sorry. I was otherwise sunning myself on a remote island. http://tartanarmyboard.co.uk/forum/index.php?showtopic=35&page=248 Quote Link to comment Share on other sites More sharing options...
Flure Posted March 3, 2015 Share Posted March 3, 2015 http://tartanarmyboard.co.uk/forum/index.php?showtopic=35&page=248 So you did. Well, it was worth posting again. Because it looks fairly clear to me. Quote Link to comment Share on other sites More sharing options...
Parklife Posted March 3, 2015 Share Posted March 3, 2015 So you did. Well, it was worth posting again. Because it looks fairly clear to me. But...but... HE'S ALLOWED TO BE A DIRECTOR IN SOUTH AFRICA!! Quote Link to comment Share on other sites More sharing options...
Flure Posted March 3, 2015 Share Posted March 3, 2015 But...but... HE'S ALLOWED TO BE A DIRECTOR IN SOUTH AFRICA!! Ah! in that case - as you were. Stand at ease! Quote Link to comment Share on other sites More sharing options...
Scotty CTA Posted March 3, 2015 Share Posted March 3, 2015 Can King and Ashley not work together for the greater good ? Can't see King working to wipe out The Rangers. (What are the chances of Ashley NOT having something up his sleeve, taking losing the board graciously, and NOT being vindictive about it?) Quote Link to comment Share on other sites More sharing options...
Bristolhibby Posted March 3, 2015 Share Posted March 3, 2015 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. This is just my tuppence, but £5m just brings Ashley back to even. As a business man, is he going to walk away with even? Or will he keep the golden goose unless offered "stupid money", which The Rangers don't have. J Quote Link to comment Share on other sites More sharing options...
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