Debian Posted January 7, 2015 Share Posted January 7, 2015 Come on Debs, even you're no daft enough to think Rangers will get 4 cracks at the league 2. Eddard may keep investing in the new new newco clubpany Quote Link to comment Share on other sites More sharing options...
Debian Posted January 7, 2015 Share Posted January 7, 2015 did somebody mention pics? Afraid that's a GIF Quote Link to comment Share on other sites More sharing options...
Chief Posted January 7, 2015 Share Posted January 7, 2015 I don't think any compensation would be needed from what I read, he has a release clause. Quote Link to comment Share on other sites More sharing options...
fringo Posted January 7, 2015 Share Posted January 7, 2015 Afraid that's a GIF Yeah, but it's THE GIF. Quote Link to comment Share on other sites More sharing options...
tartandon Posted January 7, 2015 Share Posted January 7, 2015 Yeah, but it's THE GIF. is it the original gif or a reproduction? Quote Link to comment Share on other sites More sharing options...
mariokempes56 Posted January 7, 2015 Share Posted January 7, 2015 Looks a right pair of gifs.. Quote Link to comment Share on other sites More sharing options...
Parklife Posted January 7, 2015 Share Posted January 7, 2015 is it the original gif or a reproduction?It's just like original and maintains all the history of the original. Quote Link to comment Share on other sites More sharing options...
mariokempes56 Posted January 7, 2015 Share Posted January 7, 2015 is it the original gif or a reproduction? Regardless there are two trophies in the cupboard. Quote Link to comment Share on other sites More sharing options...
fringo Posted January 7, 2015 Share Posted January 7, 2015 Regardless there are two trophies in the cupboard. 2 cups ? Quote Link to comment Share on other sites More sharing options...
euan2020 Posted January 7, 2015 Share Posted January 7, 2015 Is that gif not Bust ? Quote Link to comment Share on other sites More sharing options...
EddardStark Posted January 8, 2015 Share Posted January 8, 2015 that was quick 08 January 2015Rangers International Football Club plc("Rangers", "RIFC" or the "Company")Repayment of Shareholder LoanFurther to the announcement on 5 January 2015, the Company has repaid the short term credit facility provided by Alexander Easdale following receipt by the Company of the consideration from the player sale announced on 2 January 2015.Ends Quote Link to comment Share on other sites More sharing options...
EddardStark Posted January 8, 2015 Share Posted January 8, 2015 (edited) Revised Proposal Relating to Rangers International Football Club plcFurther to the announcement on 6 January by the board of Rangers International Football Club plc ("Rangers") of their rejection of his initial proposal, Robert Sarver confirms that he has made a revised proposal to the board. The revised proposal involves investing up to £20 million for a majority shareholding by way of a placing of new ordinary shares in Rangers at 20 pence per share ("Placing") followed, if the Placing is completed, by a mandatory offer for the remaining issued and to be issued ordinary share capital under Rule 9 of the City Code on Takeovers and Mergers ("Code") at 20 pence per share. As part of the revised proposal £6.5 million would be made available to Rangers in immediate short-term funding by way of a secured loan to be repaid in 90 days or out of the proceeds of the Placing.Nothing in this announcement constitutes an announcement of a firm intention to make an offer for the purposes of Rule 2.7 of the Code and there can be no certainty that any offer will be made.Mr. Sarver, who has owned the successful Phoenix Suns NBA franchise since 2004, is CEO of the $10 billion Western Alliance Bancorporation. He has already provided proof of funds to the Rangers board.Speaking from Phoenix, Arizona, Mr. Sarver commented:"This revised proposal hopefully helps the board deal with its short-term cashflow crunch and also addresses my desire to see the club on a solid long-term financial footing. It would also enable Rangers to repay the loans from Mike Ashley and Sandy Easdale, and free it of debt."I know, of course, that there are various groups of prominent fans who have been working hard for a long time to bring change to the club and they can rest assured that, if my proposal is accepted, I am committed to building a strong partnership with fans and key stakeholders to do what is best for the club."I look forward to receiving the response of the Rangers board."- Ends -EnquiriesThe Big PartnershipAlex Barralex@bigpartnership.co.uk07962135467/0141 333 9585 Edited January 8, 2015 by EddardStark Quote Link to comment Share on other sites More sharing options...
EddardStark Posted January 8, 2015 Share Posted January 8, 2015 The general consensus is there is something rather strange about Mr Sarver's interest in the club. Seems there might be an attempt to push the share price up. .With existing shares and new shares he could pay up to £36m for Rangers. Doesn't seem plausible. Quote Link to comment Share on other sites More sharing options...
Parklife Posted January 8, 2015 Share Posted January 8, 2015 The general consensus is there is something rather strange about Mr Sarver's interest in the club. Seems there might be an attempt to push the share price up. .With existing shares and new shares he could pay up to £36m for Rangers. Doesn't seem plausible. I think Rangers fans should intimidate him, like they did the last American that showed an interest. Quote Link to comment Share on other sites More sharing options...
adamntg Posted January 8, 2015 Share Posted January 8, 2015 that was quick 08 January 2015 Rangers International Football Club plc ("Rangers", "RIFC" or the "Company") Repayment of Shareholder Loan Further to the announcement on 5 January 2015, the Company has repaid the short term credit facility provided by Alexander Easdale following receipt by the Company of the consideration from the player sale announced on 2 January 2015. Ends Waiting for the McLeod cheque to clear? Hand to mouth... Quote Link to comment Share on other sites More sharing options...
Flure Posted January 8, 2015 Share Posted January 8, 2015 This is surely completely unsustainable. Is there not some rule about not being able to run a company that is bust? Quote Link to comment Share on other sites More sharing options...
Grumpyauldgit Posted January 8, 2015 Share Posted January 8, 2015 This is surely completely unsustainable. Is there not some rule about not being able to run a company that is bust? If I remember correctly from the last time around, Rangers where charged with breeching the insolvency act, by trading while having no money. Quote Link to comment Share on other sites More sharing options...
vanderark14 Posted January 8, 2015 Share Posted January 8, 2015 Part of the takeover includes a £6.5m loan which is repayable in 90 days Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted January 8, 2015 Share Posted January 8, 2015 Somebody wake me up when this is all done. It's beyond tedious now. Quote Link to comment Share on other sites More sharing options...
Maq Posted January 8, 2015 Share Posted January 8, 2015 Part of the takeover includes a £6.5m loan which is repayable in 90 days How long does a share issue take? Quote Link to comment Share on other sites More sharing options...
Mitre Posted January 8, 2015 Share Posted January 8, 2015 Reading there that USC (Ashley owned) are going into Administration. Duff & Phelps officiating... http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11331385/Hundreds-of-jobs-at-risk-as-Mike-Ashleys-prepares-to-close-USC-stores.html Quote Link to comment Share on other sites More sharing options...
johnnie x Posted January 8, 2015 Author Share Posted January 8, 2015 If it gets that far.... Due Diligence = Sarver scurries back to Arizona pronto. Quote Link to comment Share on other sites More sharing options...
ShedTA Posted January 8, 2015 Share Posted January 8, 2015 The general consensus is there is something rather strange about Mr Sarver's interest in the club. Seems there might be an attempt to push the share price up. .With existing shares and new shares he could pay up to £36m for Rangers. Doesn't seem plausible. it is strange. he claims david robertson who manages his daughters football team or something put him onto rangers. however is it not also true that one of mike ashleys companies - Antigua or something based in the states, has the commercial deal for the Phoenix Suns - Sarvers NBA team? having said that it could all be genuine. i still cant see however once he looks under the rangers bonnet and sees the outflow of cash to green and Ashley why he would ever proceed. I dont understand how someone can be so wealthy operating on that basis. he is not a charity. difficult to follow all this, but interesting to see how it all lands. Quote Link to comment Share on other sites More sharing options...
ShedTA Posted January 8, 2015 Share Posted January 8, 2015 Reading there that USC (Ashley owned) are going into Administration. Duff & Phelps officiating... http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11331385/Hundreds-of-jobs-at-risk-as-Mike-Ashleys-prepares-to-close-USC-stores.html Duff and duffer? thick as theives these guys, the lot of them. Quote Link to comment Share on other sites More sharing options...
Fairbairn Posted January 8, 2015 Share Posted January 8, 2015 it is strange. he claims david robertson who manages his daughters football team or something put him onto rangers. however is it not also true that one of mike ashleys companies - Antigua or something based in the states, has the commercial deal for the Phoenix Suns - Sarvers NBA team? having said that it could all be genuine. i still cant see however once he looks under the rangers bonnet and sees the outflow of cash to green and Ashley why he would ever proceed. I dont understand how someone can be so wealthy operating on that basis. he is not a charity. difficult to follow all this, but interesting to see how it all lands. I think Antigua sports or whatever their called have the commercial deal with quite a few of the NBA teams, I don't think it's just the Suns. When you see things like that though and Ashley appointing D&P you can understand why people get suspicious! Quote Link to comment Share on other sites More sharing options...
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