

The Real PapaBear
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Everything posted by The Real PapaBear
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Looks like Davie-K is playing divide and conquer. Split the board, stoke up any mistrust they have (and given the nature of these gentlemen, I feel fairly sure they will be as full of mistrust for each other as a lamb the joys of Spring) and soon enough one or more will start looking for an exit on the understanding that the first to go get the best terms and that those who remain will either end up with nothing or be working for the new boss. Time to get some popcorn and beer in - this could be interesting.
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Kieran Prior has thrown his weight behind Dave King
The Real PapaBear replied to ian1964's topic in Rangers Chat
bit harsh, no? Apart from the wee blitz when he first got involved, he's been quiet as a church mouse since - unless I've missed something. -
East Stirlingshire’s Tapping ‘racially abused’
The Real PapaBear replied to ian1964's topic in General Football Chat
If Peterhead have anything about them, they'll make sure that if he does go to away games he'll be collared. With crowds their size they'll be able to spot him.- 11 replies
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Euro 2016: Home nations await qualification draw
The Real PapaBear replied to ian1964's topic in General Football Chat
Parkhead does have a fantastic atmosphere when it's rocking, largely due to the (enforced) architecture of the place; the bowl-like structure with the very steep rake of the stands creates an intimidating environment both visually and accousticaly, as it means that the noise is contained within the stadium. There would be a economic case for getting rid of the dump that is Hampden and playing all our games at Murrayfield - although we'd have to change the name- 35 replies
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afaik this was a claim made by the board and not by King. So in essence it comes doan to whether one is prepared to believe what the board says. Yes. Quite.
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East Stirlingshire’s Tapping ‘racially abused’
The Real PapaBear replied to ian1964's topic in General Football Chat
I'm genuinely surprised to hear that. I was under the (obviously mistaken) impression that there had to be a police presence whenever a certain number of people would gather for whatever event. The good thing is that they seem to have caught one of the clowns responsible.- 11 replies
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I'm reminded of the last days in the Fuehrerbunker, when Adolf was spraying deluded orders around like confetti.
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East Stirlingshire’s Tapping ‘racially abused’
The Real PapaBear replied to ian1964's topic in General Football Chat
this is fucking outrageous. first of all, how difficult could it have been to spot and arrest the person or persons in a crowed of 400 who were causing such a noise that the ref stopped the game? Second, why were these people not arrested and lifted on the spot? third, why did the ref re-start the game? Peterhead should be hammered for this, the head of stewarding should be sacked and the match commander should be put in charge of handing out parking tickets. You can, if you're of a mind to, make excuses for OF bigotry but there's none for monkey chants.- 11 replies
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This must have been what Captn Scott felt like when he sacrificed himself for his fellows. I'm now off for the sort of shower they take after a day's work at the Fukushima clean up operations. I may be some time =====Start===== This week on Planet Fitba has belonged to Dave King. He has made his play to the home crowd at Ibrox and it for them to respond to him. Dave King is, currently, restricted by the Insolvency Act (1986) from being a Director or a ‘shadow director’ of any company claiming to be Rangers. Section 216 (3) is the appropriate bit. “It is an offence under section 216 of the insolvency Act 1986 for a person who has been a director or a shadow director of a company in insolvent liquidation, within the period of 12 months ending on the day before it went into liquidation, to be for a period of 5 years, a director or involved in any way in the management of any other company or business carried on under or known by a prohibited name, without leave of the court. A prohibited name is any name by which the liquidated company was known at any time in the 12 months prior to the liquidation, or any name so similar as to suggest an association with that company.” However, I am informed by a senior legal source with a specialist practice in this field that there would not be any issue in getting court approval for this restriction to be lifted on Mr King. In fact it is something of a formality. That section of the act was inserted to prevent consumers being confused that the new company is actually the old company. Here it is Rangers that is the “prohibited name”. However, given that, by dint of the SFA’s contortions in June 2012 and the fictional output of the mainstream media then the consumer is already highly confused! They believe, and desperately want to believe, that New Rangers is actually old Rangers (1872-2012). Subsequently Mr King being involved with the new club will not add to the confusion. Of course the Scottish Football Association’s ‘fit and proper person test’ is, an SFA source conceded to me, not a test at all. Subsequently there is not real impediment to Mr King taking over at Ibrox. The Rangers franchise is currently operated by The Rangers Football Club (formerly known as Sevco Scotland Limited). TRFC is a wholly owned subsidiary of the Rangers International Football Club (RIFC) which is listed ion the Alternative Investment market (AIM). Mr King has a clear route if he wishes to ascend the Marble Staircase in triumph. He buys shares. Lots of them. Alternatively he could wait for an Insolvency Event and deal with the Administrator. It is beyond dispute that if enough supporters withhold Season Ticket monies then this will effectively engineer a financial collapse of the new club. However I believe that events will soon overtake that scenario. I understand from sources already at the top of the Marble Staircase that the company is now in pre-Administration mode. Sources have told me that plans are being drawn up for a quick controlled Insolvency Event as a means to massively reduce the cost base and exit quickly through a CVA with the company intact. I understand that after that process has been completed that Laxey partners will have a substantially increased equity in RIFC. According to an Ibrox insider there is a boardroom meeting on Monday and the Administration plans have to be ready for that conclave. So this is backdrop to the Dave King power play. I emailed some questions to Mr King yesterday and he was good enough to answer them. I offered Mr King the choice that his answers could have been on an Off The Record basis merely to provide me with background or they could be On The Record quotes. He intimated to me-again by email-that he was happy to go On The Record. I did put them out on Twitter as I received them yesterday, but they are worth including here. Q: Do believe that Rangers FC is a distressed company facing a critical cash flow crisis? A: It is beyond doubt facing a cash flow crisis. Q: What is your assessment of the intentions of Laxey Partners towards Rangers? A: I have no idea. Q: Is it your belief that the club is now trading while insolvent? A: Not at this time. Q: Do you believe that Sevco 5088 and Mr Craig Whyte to have a claim on the assets of Ibrox stadium and Murray Park? A: No. Q: Is it your intention to buy shares in RIFC to wrest control of the club from the current board? A: My statement clarifies that I don·t believe that any individual should control the club. Q: Is there a danger that if the fans withhold Season Ticket monies that the club could be pushed into insolvency? A: In my proposal the fans will make the cash available- but against security. That is exactly what Laxey did so the board should have no problem with that. I believe Mr King to be a serious man and he should be treated as such. He will forget more about business in a lazy South African afternoon that I will accrue in the rest of the years I have got on this earth. However, if he wants to dislodge to current regime, as seems to be his objective, then he or a collection of likeminded folks will need to acquire lots of shares in RIFC. Until then the people who are meeting to on Monday to consider their plans for a controlled insolvency event will remain in charge. As we saw with the Paul Murray group of requisitioners favourable media coverage in Glasgow doesn’t cut it on the Stock Exchange. Your move Dave. =====End=====
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I'd sooner have Craig Whyte back than Lafferty
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Gerd Voss Shalke 04 Head Of Media & PR
The Real PapaBear replied to ian1964's topic in General Football Chat
I don't care what it costs, we need to hire this guy! Brilliant. -
You wear that in Russia, you get arrested. Just sayin'.
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I'd imagine that level of bampottery might be a step too far for anyone hereabouts.
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Excellent. Every word is true and until we all realise that we'll be going nowhere.
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Of course it stinks, but we should try to be aware of exactly where the stink is coming from. laxey is patently and obviously exploiting us. That's indisputable. But! We have to remember that being exploitative parasites is their job. That's what they *do*. So in that regard we can't really complain too much; there's no point in blaming a dog for barking. On the face of it Easedale is behaving as a director *should*, i.e furnishing a short term loan at no charge and at no interest. Whether this money actually exists, or whether it will be used after the laxey money, I have no more idea than anyone else on this forum. It might well be, as has been suggested, just more PR from toxicjack. We don't yet know and until we do, we should treat the two funding sources differently imho.
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That may be *a* point but it's not the point that BH was making; which was that Easdale would be getting interest on (his own) money which has been earmarked as a loan to us. I'm quite happy to get my pitchfork and light up my torch to run Easdale out of town - but let's make sure tat we have grounds for doing so. Him giving us an interest free loan at no charge doesn't seem to be a good enough reason.
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to be fair the money is Easdale's anyway, so it would be earning interest for him if he hadn't made it available - it's not like it was our money he's skimming off.
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Euro 2016: Home nations await qualification draw
The Real PapaBear replied to ian1964's topic in General Football Chat
We will get 16 points from this group. Home victories against everyone bar Germany (loss) and Ireland (draw) away draws against everyone bar Germany and Gibralter. You heard it here first; get a tenner on it.- 35 replies
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Dr Waiton on Rangers, Free Speech and Sectarianism
The Real PapaBear replied to ThatsWhyWeirChamps's topic in Rangers Chat
See, you had me with you all the way up until the last sentence. Being a secular society doesn't mean eradicating all traces of religion or religious belief from public life - it means not allowing those beliefs to influence public policy or debate so in that respect Scotland is very much a secular nation. -
Dr Waiton on Rangers, Free Speech and Sectarianism
The Real PapaBear replied to ThatsWhyWeirChamps's topic in Rangers Chat
So, if I can summarise; Since this country is far from secular we should all be worried about the extend of Catholic infiltration into positions of power, because the head of State is also the head of the (protestant) Church of England and the House of Lords has permanent seats for Bishops of the (Protestant) Church of England? Nope, you've lost me there. -
Those were the views of Young, not of the SNP, and they should be understood for what they were - he was making a political point about the legal extent of the act of union and the powers of parliament. He himself actually volunteered to join up in 1939 but was rejected on grounds of his age. I wholeheartedly agree that an internationalist approach is the best approach to take - but "international" means between nations, so the problem is not that being a nation is divisive. You can choose to be a progressive, constructive nation or an agressive, destructive one.
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Really? You were referring to WW2 when you wrote: You're now claiming that the SNP called on Scots not to join the fight against Hitler? I would normally call on you to furnish evidence of this surreal claim, but both you and I know that you were *not* referring to WW2. You were referring to Iraq, an illegal and immoral war in which countless innocents were murdered by allied forces and a war against which the SNP, to its eternal credit, was the first party to raise its voice in Parliament.
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Trophic Cascade - Rangers 3 - 3 Stenhousemuir
The Real PapaBear replied to amms's topic in Rangers Chat
ach, come on!. Arbroath > Kippers > fishy > stinks to high heaven? The preveiew practically writes itself -
Dr Waiton on Rangers, Free Speech and Sectarianism
The Real PapaBear replied to ThatsWhyWeirChamps's topic in Rangers Chat
Alternatively, it might just be a disdain for stupidity and bigotry. Some of the stuff on this thread is, or should be, insulting to adult intellects. There is a world of difference between recognising that sectariansim exists and validating it by allowing it to pass without comment.