buster. 4,808 Posted September 12, 2014 Share Posted September 12, 2014 The agreement is in respect of the current court action only? Does that mean he is still suing us for the rest of the cash, but the only difference now is that he isn't arresting any of our funds? Todays Rangers and Clarity........=............oil and water 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted September 12, 2014 Share Posted September 12, 2014 Should we read anything into the timing of this move? 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted September 12, 2014 Share Posted September 12, 2014 Todays Rangers and Clarity........=............oil and water The correction will be along shortly. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,346 Posted September 12, 2014 Share Posted September 12, 2014 Please re-read the statement - my belief is that we've paid him off and for an an undisclosed amount less than the total he claimed. That sum pbobably carries a silence order on it to shut him up. I've re-read several times and still come to the same conclusion. It's either badly worded or deliberately trying to hide the fact that his claim is still on-going. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,157 Posted September 12, 2014 Share Posted September 12, 2014 I think the overall case has been settled though can understand the uncertainty given the wording and who we're dealing with here. 0 Quote Link to post Share on other sites More sharing options...
fitbaliketheolddays 0 Posted September 12, 2014 Share Posted September 12, 2014 Having read elsewhere, I'd wager the settlement was £500,000 which is "significantly lower" (accurate in statement) than he was claiming for - another High Court Battle would have cost us a shedload of QC fees 0 Quote Link to post Share on other sites More sharing options...
fitbaliketheolddays 0 Posted September 12, 2014 Share Posted September 12, 2014 I think the overall case has been settled though can understand the uncertainty given the wording and who we're dealing with here. It is over and done with now - I read these settlements occasionally in my professional life on behalf of a local authority of all things (pavement spills)!!!! People are just too wary here because of the context 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 12, 2014 Share Posted September 12, 2014 so we have paid him out because he has a letter from his mate green saying things that weren't in his rangers contract. we should have boycotted months ago to stop this kind of thing. they could never have let it go to court anyway or we would have found out just how onerous the contracts are. 0 Quote Link to post Share on other sites More sharing options...
fitbaliketheolddays 0 Posted September 12, 2014 Share Posted September 12, 2014 so we have paid him out because he has a letter from his mate green saying things that weren't in his rangers contract. we should have boycotted months ago to stop this kind of thing. they could never have let it go to court anyway or we would have found out just how onerous the contracts are. Luv the sentiment, but please don't bring boycott into every post mate! 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,257 Posted September 12, 2014 Share Posted September 12, 2014 I suppose it's good news in that the issue has now been solved. However, it will be another six figure sum lost from the accounts. Time for Mr Ahmad to reinvest it in the open offer? I would assume that they agreed that Ahmad won't see the money anytime soon (given the cash-in-bank stats). How much is anyone's guess and whether Ahmad signed a NDA and will keep as quiet as James Traynor (remember him?) is equally debatable. I wouldn't want Ahmad reinvest this money and buys shares of the club though. 0 Quote Link to post Share on other sites More sharing options...
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