the gunslinger 3,366 Posted February 19, 2014 Share Posted February 19, 2014 If that's right and forlan is right too then it's not great news. Good to get the required funding to cover the cash shortfall, but it wouldn't be ideal to be handing out more free shares to cover some wonga rate interest and fees. And the significance of our main creditor being in house just as whyte set it up should not be ignored. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted February 19, 2014 Share Posted February 19, 2014 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted February 19, 2014 Share Posted February 19, 2014 And the significance of our main creditor being in house just as whyte set it up should not be ignored. He who controls the debt controls the process of any insolvency event. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 19, 2014 Share Posted February 19, 2014 Gets to put his administrators in. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted February 20, 2014 Share Posted February 20, 2014 Just close the doors already. Time to shut up shop. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,207 Posted February 20, 2014 Share Posted February 20, 2014 BTW, while the doom-singers are in full swing and will have something negative to say about the following too, it should be noted nonetheless: The source said: 'It is categorically not the case that wages might not have been paid. 'There are plenty of people determined to undermine the position of Rangers. But the board remain determined to drive the club forward. 'This is a belt-and-braces loan designed to bolster the club's finances before season ticket renewal money is due. 'The board are meeting and talking with potential new investors each day. This is a vote of confidence for Graham Wallace and the job he is doing.' SunSport understands that Wallace and directors Norman Crighton and Sandy Easdale were all involved in high-powered talks in London yesterday. The trio have already met with existing shareholders and plan to talk to new potential investors in the next 24 hours. People will sure arrange that puzzle to find a horror scenario. It would be good that from time to time people would remind themselves that this puzzle itself is hardly complete as yet, so the outcome is quite open. 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.