Ahmed makes third bid to have assets frozen

[Little General 80]

That exchange looks ominous for Ahmad's chances.

 

Here's hoping

[Little General 80]

"Rangers QC Alan Summers says company is NOT verging on insolvency but is not in rude health"

[Little General 80]

"Rangers QC says " This is a company with difficulties" but "is in better condition now than previous hearings"

[Little General 80]

"Company is "trading out of difficulties" says Rangers QC"

[Rangersitis 0]

"Rangers QC Alan Summers says company is NOT verging on insolvency but is not in rude health"

 

How does that square with this?:

 

“If the aggregate level of subscription is less than 15,000,000 New Ordinary Shares the Open Offer will not proceed and subscription monies will be returned to applicants.

 

“Should this occur, the Company will be unable to pay its creditors as they fall due and the future of the Company will be uncertain; The Directors will immediately have to seek emergency financing which may or may not be available.”

[Little General 80]

"Aim is to take Rangers back to " The Promised Land" and " Back into European Competition where the big money is" says Rangers QC"

[craig 5,195]

"Aim is to take Rangers back to " The Promised Land" and " Back into European Competition where the big money is" says Rangers QC"

 

And how do they propose to do that when they don't have two pennies to rub together ? They are so deluded they think this squad is capable ? Lets not forget that the "big money" only comes about when you make the group stages - our squad is light years from that and even if we get to the top flight next season we wont have the financial infrastructure to get the required standard

[Rangersitis 0]

"Aim is to take Rangers back to " The Promised Land" and " Back into European Competition where the big money is" says Rangers QC"

 

Fuck's sake!

 

One has to feel sorry for the QC at having to spout Jack's pish in open court.

[Zappa 0]

"Aim is to take Rangers back to " The Promised Land" and " Back into European Competition where the big money is" says Rangers QC"

 

Is Chuck Green talking in the ear of Alan Summers QC?

[Zappa 0]

I think we better hope that Lord Stewart is easily duped by our QC's rosy picture painting exercise this afternoon.