SteveC 150 Posted February 26, 2014 Share Posted February 26, 2014 He seems to be trying to back them into a corner because otherwise there would be no need to suggest some of the things he has in that statement. I'll be expecting the board to loosen the already very loose leash they have on their rabid attack dog Irvine. Cue the anti-King campaign.... Merlin has waved Jack's wand already Childish, disgusting and ill informed. As you'd expect - hard to tell who does us more damage online, Merlin or Ill Phil 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted February 26, 2014 Share Posted February 26, 2014 Oh, I can imagine. The embarrassing "rebs" and "reqs" patter will be in full flow tonight. It's embarrassing mate. I had a wee look earlier, they are ill that lot. Completely deluded. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 26, 2014 Author Share Posted February 26, 2014 I cannot see the Board agreeing to that. The ST money is what £10/11 million and "The property valuation report from DM Hall dated 10 October 2012 includes a valuation of the company’s properties under a depreciated replacement cost method at 31 August 2012 as follows: • Ibrox Stadium – £65.2 million; and • Murray Park – £14 million. This represents a combined value of £79.2 million. The Company’s financial statements includes the properties at an existing use valuation of £42.5 million at 30 June 2013 (with other non-current assets being included at £22.6 million) after charging depreciation of £0.4 million." You might just be prepared to mortgage Auchenhowie for £11M but not Ibrox. If you did, I think you would rightly be questioned on your fiduciary duty to shareholders. Why not. 1.5 million loan secured 5 million assets for the spivs. Anyway they would have no choice 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,386 Posted February 26, 2014 Share Posted February 26, 2014 ''That is not the Rangers that I grew up with and not the Rangers that we should be passing down to our children and grandchildren''. Brave heart talk, we need to get behind him with this! 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,253 Posted February 26, 2014 Share Posted February 26, 2014 Until he actually spells out how he intends to invest in Rangers and how much there isn't much to discuss. AJ seemed to suggest as much recently.I'd advise him to watch what he says otherwise we might all end up with nothing I also genuinely believe he needs to answer if he really did lose 20million in the oldco. Did he get most of that returned to him? 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted February 26, 2014 Share Posted February 26, 2014 Advocating not giving the club season ticket money? I'm no financial expert but if a company is struggling financially starving it of large amounts of money doesn't seem like a good idea to me. Almost as if he's scaremongering... It's like saying to a loved son, if you keep pissing the money I give you up against a wall, it will stop. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,253 Posted February 26, 2014 Share Posted February 26, 2014 It's like saying to a loved son, if you keep pissing the money I give you up against a wall, it will stop. Who's pissing the money up against a wall? Please explain 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted February 26, 2014 Share Posted February 26, 2014 Who's pissing the money up against a wall? Please explain Do you have any idea how much money our club have brought in since we became a newco? And less than 2 years later we have nothing left. Where has the £50m odds went Rab? 0 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted February 26, 2014 Share Posted February 26, 2014 Until he actually spells out how he intends to invest in Rangers and how much there isn't much to discuss. AJ seemed to suggest as much recently.I'd advise him to watch what he says otherwise we might all end up with nothingI also genuinely believe he needs to answer if he really did lose 20million in the oldco. Did he get most of that returned to him? No way is he going to make public how much he has to invest in Rangers. He lost all in the oldco, he says that in his statement. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted February 26, 2014 Share Posted February 26, 2014 Apart from the £m's we have squandered over the last 18 months? If they are not pissing it against the wall, they are laughing at us and taking us for idiots. 0 Quote Link to post Share on other sites More sharing options...
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