TartanJon Posted June 10, 2015 Share Posted June 10, 2015 Best way forward for Rangers is to be self sufficient and not to have another sugar daddy like Murray or Whyte. Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted June 10, 2015 Share Posted June 10, 2015 Best way forward for Rangers is to be self sufficient and not to have another sugar daddy like Murray or Whyte. I don't think Whyte quite falls in to the sugar daddy category!! Quote Link to comment Share on other sites More sharing options...
Larky Masher Posted June 10, 2015 Share Posted June 10, 2015 I don't think Whyte quite falls in to the sugar daddy category!! Correct, though I agree with the basic argument Quote Link to comment Share on other sites More sharing options...
TartanJon Posted June 10, 2015 Share Posted June 10, 2015 I don't think Whyte quite falls in to the sugar daddy category!! *whistles* Quote Link to comment Share on other sites More sharing options...
giblet Posted June 10, 2015 Share Posted June 10, 2015 Looks like Ashley is taking Rangers to court tomorrow... https://www.justice.gov.uk/courts/court-lists/list-chancery-judges "APPLICATIONS Sports Direct International Plc v Rangers International Football Club" Quote Link to comment Share on other sites More sharing options...
Maq Posted June 11, 2015 Share Posted June 11, 2015 Any idea what he's taking them to court over? I see he's saying it's in Rangers best interests to repay him £5m of his loan, so that they'll get more control over their retail: http://m.bbc.co.uk/sport/football/33083650 Surely King will want to give Ashley less influence? Will he stump up the cash? Or are they going to look at other ways of red Quote Link to comment Share on other sites More sharing options...
Flure Posted June 11, 2015 Share Posted June 11, 2015 Any idea what he's taking them to court over? I see he's saying it's in Rangers best interests to repay him £5m of his loan, so that they'll get more control over their retail: http://m.bbc.co.uk/sport/football/33083650 Surely King will want to give Ashley less influence? Will he stump up the cash? Or are they going to look at other ways of red I think they're looking at other ways of red. Quote Link to comment Share on other sites More sharing options...
Big Col Posted June 11, 2015 Share Posted June 11, 2015 will it not be over Kings comments that Ashleys loan isn't really a loan and they don't have to pay it back? or could it be over King deliberately driving down the share price and then delisting them. No NOMAD etc,? Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted June 11, 2015 Share Posted June 11, 2015 will it not be over Kings comments that Ashleys loan isn't really a loan and they don't have to pay it back? or could it be over King deliberately driving down the share price and then delisting them. No NOMAD etc,? I think it's more likely to be the latter. Quote Link to comment Share on other sites More sharing options...
Kirk Posted June 11, 2015 Share Posted June 11, 2015 Wtf is wrong with that club Quote Link to comment Share on other sites More sharing options...
sbcmfc Posted June 11, 2015 Share Posted June 11, 2015 Wtf is wrong with that club company Quote Link to comment Share on other sites More sharing options...
vanderark14 Posted June 11, 2015 Share Posted June 11, 2015 (edited) Kirk, the answer is.............alot Edited June 11, 2015 by vanderark14 Quote Link to comment Share on other sites More sharing options...
Kenneth Farrington Posted June 11, 2015 Share Posted June 11, 2015 will it not be over Kings comments that Ashleys loan isn't really a loan and they don't have to pay it back? or could it be over King deliberately driving down the share price and then delisting them. No NOMAD etc,? What is it about loans King just doesn't seem to understand? He previously had this to say about Easdale: “As part restitution he should make the £500,000 a donation rather than a loan.” The WATP attitude never fails to amaze. Quote Link to comment Share on other sites More sharing options...
ShedTA Posted June 11, 2015 Share Posted June 11, 2015 What is it about loans King just doesn't seem to understand? He previously had this to say about Easdale: “As part restitution he should make the £500,000 a donation rather than a loan.” The WATP attitude never fails to amaze. Its been going on for a while Kenneth. See the EBT shenanigans. They never intended to pay them back either. Quote Link to comment Share on other sites More sharing options...
dipped flake Posted June 11, 2015 Share Posted June 11, 2015 RFC ordered to pay £20K to SD as costs for the court case today, and not allowed to reveal any details about the contracts at the EGM Quote Link to comment Share on other sites More sharing options...
ShedTA Posted June 11, 2015 Share Posted June 11, 2015 RFC ordered to pay £20K to SD as costs for the court case today, and not allowed to reveal any details about the contracts at the EGM does that mean they "won" again? Quote Link to comment Share on other sites More sharing options...
UPROAR Posted June 11, 2015 Share Posted June 11, 2015 jeeso.... surely to a BILLIONAIRE, £5M is nothing, especially if it gives the club the return of a huge income stream ????? its almost like he has no intention of pouring even a penny of his own money into the club !!!! as if that could ever happen... Quote Link to comment Share on other sites More sharing options...
RenfrewBlue Posted June 11, 2015 Share Posted June 11, 2015 will it not be over Kings comments that Ashleys loan isn't really a loan and they don't have to pay it back? or could it be over King deliberately driving down the share price and then delisting them. No NOMAD etc,? So it appears the court case was over none of this, just an injunction to stopped real details of the Sports Direct deal with the old board being made public.It's almost like Mike Ashley has something to hide. Those painting Dave King to be the bad guy maybe need to realise it's not all black and white (note spelling!). Ashley is an untrustworthy snake too. Quote Link to comment Share on other sites More sharing options...
phart Posted June 11, 2015 Share Posted June 11, 2015 aye it's black and black Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted June 11, 2015 Share Posted June 11, 2015 jeeso.... surely to a BILLIONAIRE, £5M is nothing, especially if it gives the club the return of a huge income stream ????? its almost like he has no intention of pouring even a penny of his own money into the club !!!! as if that could ever happen... I don't think it makes that much difference to the income stream. Control of RRL would revert back to Rangers but the onerous contracts within would still be hugely in Ashley's favour. I assume when the loan was signed off there would have been terms and conditions around the repayment. As long as Rangers are not in breach of those then I don't see why the should repay it early, especially when there are other areas that require more urgent funding. Quote Link to comment Share on other sites More sharing options...
Chief Posted June 11, 2015 Share Posted June 11, 2015 Surely all this does is confirm Mike Ashley and Sports Direct is dodgy Quote Link to comment Share on other sites More sharing options...
RenfrewBlue Posted June 11, 2015 Share Posted June 11, 2015 Surely all this does is confirm Mike Ashley and Sports Direct is dodgyExactly. It actually makes King look more sensible. Which is something of a surprise. ? Quote Link to comment Share on other sites More sharing options...
usainboltyarocket Posted June 11, 2015 Share Posted June 11, 2015 Surely all this does is confirm Mike Ashley and Sports Direct is dodgy Yep which is why he is absolutely perfect for your club. Quote Link to comment Share on other sites More sharing options...
Chief Posted June 11, 2015 Share Posted June 11, 2015 Yep which is why he is absolutely perfect for your club. My club? I hold a Sunderland season ticket. Quote Link to comment Share on other sites More sharing options...
usainboltyarocket Posted June 12, 2015 Share Posted June 12, 2015 My club? I hold a Sunderland season ticket. I've been to plenty of thistle games doesn't mean I'm not a Celtic fan. Quote Link to comment Share on other sites More sharing options...
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