andy steel 0 Posted February 17, 2014 Share Posted February 17, 2014 Well, we'll find out soon enough. 0 Quote Link to post Share on other sites More sharing options...
bluebear54 0 Posted February 17, 2014 Share Posted February 17, 2014 Is it normal for a newspaper to be informed of a listed company's confidential financial status before it's shareholders and the relevant governance bodies? I'm just trying to work out how much credence to give to this piece. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 17, 2014 Share Posted February 17, 2014 I suspect the truth will be in the middle. As others have said we will run out of cash but some friend of chucks will lend us enough to get by till season ticket time. Though they will make millions out of the deal. Bit that will only mean savage savage cuts in the summer or running out of money again this time in September. Our board need to be engaging with king. He's offering to help here. Will Wallace do what's best for rangers or will he do what he's told? 0 Quote Link to post Share on other sites More sharing options...
3909 04 0 Posted February 17, 2014 Share Posted February 17, 2014 I suspect the truth will be in the middle. As others have said we will run out of cash but some friend of chucks will lend us enough to get by till season ticket time. Though they will make millions out of the deal. Bit that will only mean savage savage cuts in the summer or running out of money again this time in September. Our board need to be engaging with king. He's offering to help here. So we shouldn't accept investment from "Chuck's friends", we should only consider investment which comes from Dave King aka "Paul's friend"? I see. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 17, 2014 Share Posted February 17, 2014 If it costs as much as the previous loans of course we shouldn't. Let's see fresh capital from dave king or a loan with a 1000 percent interest rate. Hmmmmmm mm I'm no expert perhaps bluedel can let us know which is better. 0 Quote Link to post Share on other sites More sharing options...
calscot 0 Posted February 17, 2014 Share Posted February 17, 2014 I'm expecting a Wonga type loan with payday being season ticket day. It can only realistically be done once though, so I then expect a share issue halfway through next season when it looks like we'll be promoted to the Premiership. In my opinion and layman view, that should be when King steps in - the existing shareholder will have little choice as it will mean either watering down their share holding or having a large share of a company in administration. I can't see it panning out another way. I think we need King's money to survive and he knows it, but he wants the power for his money and so is playing the hard balled, long game. The incumbents don't want to give away control of their gravy train and so are currently resisting his advances, thereby creating the poker game that is playing out. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 17, 2014 Share Posted February 17, 2014 That's assuming they don't go nuclear and sell ibrox to zeus or whoever with a nice long term lease attached to ruin us forevermore. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 17, 2014 Share Posted February 17, 2014 I'm expecting a Wonga type loan with payday being season ticket day. It can only realistically be done once though, so I then expect a share issue halfway through next season when it looks like we'll be promoted to the Premiership. In my opinion and layman view, that should be when King steps in - the existing shareholder will have little choice as it will mean either watering down their share holding or having a large share of a company in administration. I can't see it panning out another way. I think we need King's money to survive and he knows it, but he wants the power for his money and so is playing the hard balled, long game. The incumbents don't want to give away control of their gravy train and so are currently resisting his advances, thereby creating the poker game that is playing out. If we decide to give them the season ticket money to repay wonga/Hughes. 0 Quote Link to post Share on other sites More sharing options...
3909 04 0 Posted February 17, 2014 Share Posted February 17, 2014 If it costs as much as the previous loans of course we shouldn't. Let's see fresh capital from dave king or a loan with a 1000 percent interest rate. Hmmmmmm mm I'm no expert perhaps bluedel can let us know which is better. Ah, so Paul's friend Dave is offering a 0% interest, condition-free cash gift to the club he loves, but is inexplicably being spurned? No wonder you're outraged. Spivs out. Let's call an EGM. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 17, 2014 Share Posted February 17, 2014 Ah, so Paul's friend Dave is offering a 0% interest, condition-free cash gift to the club he loves, but is inexplicably being spurned? No wonder you're outraged. Spivs out. Let's call an EGM. Your a strange kind of grown up. 0 Quote Link to post Share on other sites More sharing options...
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