Super Cooper 0 Posted April 27, 2014 Share Posted April 27, 2014 Unfortunately we'd have to agree to differ. His original investment was £20m into Murray Sports (not Rangers)nearly twenty years ago. He got £18m of that back as SARS documents show.I simply do not believe DK is as wealthy as some make him out to be therefore I do not believe he will invest anything like the sums quoted even if asked to do so at the forthcoming shares issue.Until this is understood by our support then Rangers simply cannot move forward and get back to the top where we belong Is that a fact mate ?Was that document really official? I am reliably informed this is not the case. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,258 Posted April 27, 2014 Share Posted April 27, 2014 If he turns the club around then yeah, he should get a reasonable bonus tantamount to his success. Has he turned the club around? No - so why is he collecting a bonus? He needs to be given time to turn the club around. It will not happen overnight. What we don't need is the DK, UoF, SoS circus going on in the background with the ultimate aim(intentional or not) of destroying Rangers 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 27, 2014 Share Posted April 27, 2014 Don't think so mate. You must be a lot richer than me then. I can't conceive of having a million cash lying about. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 27, 2014 Share Posted April 27, 2014 Do we know for a fact when any such performance related bonus would be due? We may find out on Monday. I know at least on shareholder who is going to ibrox to demand to see his contract. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 27, 2014 Share Posted April 27, 2014 Is that a fact mate ?Was that document really official? I am reliably informed this is not the case. It's a lie perpetrated by deranged Yahoos who can't read court documents properly. 0 Quote Link to post Share on other sites More sharing options...
Anchorman 0 Posted April 27, 2014 Share Posted April 27, 2014 Is that a fact mate ?Was that document really official? I am reliably informed this is not the case. And you would be correct. I can't even be bothered responding to that one any more. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 27, 2014 Share Posted April 27, 2014 How rich do you have to be to have a million in cash lying about though. Very very rich. We also do not know how much if any of that money is in cash on deposit or whether it is simply the case that Mr Letham's creditworthiness is better than that of Rangers at this moment in time (which wouldn't be difficult) and therefore he is in a position to borrow the money at a much better rate than Rangers, secured or not in either case. Neither do we know ( I don't think) how much if any of that money has been or is likely to be drawn down (which probably depends on ST renewals). I doubt very much that any successful business person simply has that amount of cash "lying around", it will be on deposit and quite possibly not on instant access/overnight rates. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,258 Posted April 27, 2014 Share Posted April 27, 2014 Is that a fact mate ?Was that document really official? I am reliably informed this is not the case. Im told this was in fact true that he put in £20m to Murray Sports and got almost all of it back. During the 1990's after apartheid ended many whites in SA were moving their money out of SA in case its value plummeted. Of course the economic collapse never happened. Remember too DK said he was going to sue SDM regards the oldco being liquidated after Whyte's disasterous ownership. Has King ever got around to this? Dont think so 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted April 27, 2014 Share Posted April 27, 2014 We may find out on Monday. I know at least on shareholder who is going to ibrox to demand to see his contract. And that is certainly quite right; I hope he has made an appointment. Not sure if he'll be allowed to copy it; I doubt it. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 27, 2014 Share Posted April 27, 2014 We also do not know how much if any of that money is in cash on deposit or whether it is simply the case that Mr Letham's creditworthiness is better than that of Rangers at this moment in time (which wouldn't be difficult) and therefore he is in a position to borrow the money at a mmuch better rate than Rangers, secured or not in either case. Neither do we know ( I don't think) how much if any of that money has been or is likely to be drawn down (which probably depends on ST renewals). I doubt very much that any successful business person simply has that amount of cash "lying around", it will be on deposit and quite possibly not on instant access/overnight rates. That's exactly my point BH. You would likely need to be worth hundreds of millions to have a million of readily available cash. 0 Quote Link to post Share on other sites More sharing options...
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