craig 5,195 Posted August 29, 2013 Share Posted August 29, 2013 True as this may be, who could stop him if another share issue takes place after McCollCo get their wishes? Depends on the TYPE of share issue.... 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,240 Posted August 29, 2013 Share Posted August 29, 2013 Hypthetically ... could an individual like him give the club some sort of banking facility (on e.g. a five year period) to steady the ship while we are where we are? Under the demand that some financial brain like Blin does the finances? That is, are there circumstances where somesuch is being done? 0 Quote Link to post Share on other sites More sharing options...
craig 5,195 Posted August 29, 2013 Share Posted August 29, 2013 Hypthetically ... could an individual like him give the club some sort of banking facility (on e.g. a five year period) to steady the ship while we are where we are? Under the demand that some financial brain like Blin does the finances? That is, are there circumstances where somesuch is being done? Nothing to prevent it from happening - not dissimilar to Abramovich guaranteeing Chelsea's cash. Though given King doesnt like the current encumbents why would he do that ? He may in the event that Blin gets in, should it be required - but I for one dont mind one iota the club working without a credit facility as it ensures you work to the cash you have. This is a simplistic view I understand and it would be preferential to have a soft loan/credit in place - but my point is you should be trying to operate without having to effect a loan or credit facility. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted August 29, 2013 Share Posted August 29, 2013 Dave King reaches tax settlement with SA revenue service and agrees to pay 706.6m rand (£44m) ... it says. No idea what he's worth though. He is worth the same as all of us, he has just got more money. 0 Quote Link to post Share on other sites More sharing options...
Anchorman 0 Posted August 29, 2013 Share Posted August 29, 2013 He is worth the same as all of us, he has just got more money. Very profound, but I think that is what he meant. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,240 Posted August 29, 2013 Share Posted August 29, 2013 He is worth the same as all of us, he has just got more money. I ... smiled. 0 Quote Link to post Share on other sites More sharing options...
Anchorman 0 Posted August 29, 2013 Share Posted August 29, 2013 I ... smiled. The parting of wisdom can make one....just smile, as you say. 0 Quote Link to post Share on other sites More sharing options...
alexscottislegend 2,057 Posted August 29, 2013 Share Posted August 29, 2013 So what is the amount - £44 million or £546,000? 0 Quote Link to post Share on other sites More sharing options...
trueblue 64 53 Posted August 29, 2013 Share Posted August 29, 2013 IMO King will be the next owner. The end game has begun. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,255 Posted August 29, 2013 Share Posted August 29, 2013 IMO King will be the next owner. The end game has begun. IMO King & McColl are working together at present. Their plan is to get rid off the current board, replace them with Blin & Murray who will have another shares issue which will be underwritten by Dave King(& maybe others). This will lead to Dave King becoming the major or majority shareholder. 0 Quote Link to post Share on other sites More sharing options...
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