Stimpy 0 Posted October 12, 2014 Share Posted October 12, 2014 Talking to Rangersitis (nice meeting you btw.) on Saturday afternoon we both debated whether it can be stopped via Sandy Easdale's proxy bloc and Ashley's holdings. Few things: 1. Will it be considered a resolution or just a simple loan authorised by the board? 2. Or will Ashley and Easdale bloc this through their voting rights on special resolutions? 3. By blocking the loan if it is seen as a resolution will concert party rights be triggered 4. By calling the EGM it looks to me as though the voting percentages won't matter here and that's why Ashley's calling the EGM in an effort to prevent the vote going through at a typical board meeting Would any of our more informed Gersnetters like to set us right? 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted October 12, 2014 Share Posted October 12, 2014 Where are King and co getting £16m? C'mon mate, get real here. A third of that could have gave them total control of the club 2 years ago, a few million less would have got them a majority shareholding just last year. They don't have it imo. 0 Quote Link to post Share on other sites More sharing options...
Ser Barristan Selmy 222 Posted October 12, 2014 Share Posted October 12, 2014 Where's this £16m story come from? 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,253 Posted October 12, 2014 Share Posted October 12, 2014 Where's this £16m story come from? I think this figure was quoted in the media 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 12, 2014 Share Posted October 12, 2014 Can't see a loan going to an eGM. The repayment of it in shares would of course. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 12, 2014 Share Posted October 12, 2014 Where are King and co getting £16m? C'mon mate, get real here. A third of that could have gave them total control of the club 2 years ago, a few million less would have got them a majority shareholding just last year. They don't have it imo. In an honest admin it would. P Murray was outbid by 16k in the end 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,253 Posted October 12, 2014 Share Posted October 12, 2014 In an honest admin it would. P Murray was outbid by 16k in the end And where did he suddenly get these funds from? His performance during admin was abysmal 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,253 Posted October 12, 2014 Share Posted October 12, 2014 Where are King and co getting £16m? C'mon mate, get real here. A third of that could have gave them total control of the club 2 years ago, a few million less would have got them a majority shareholding just last year. They don't have it imo. Its all smokescreens and mirrors. I'm not convinced they have the funds otherwise as you say why havent they got themselves some sort of shareholding by now? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 12, 2014 Share Posted October 12, 2014 And where did he suddenly get these funds from? His performance during admin was abysmal brian kennedy i expect. but he was puting in 250k himself and the likes of d park was putting in millions. in the end they would have injected 50 million all in 0 Quote Link to post Share on other sites More sharing options...
jhunter 0 Posted October 12, 2014 Share Posted October 12, 2014 Its all smokescreens and mirrors. I'm not convinced they have the funds otherwise as you say why havent they got themselves some sort of shareholding by now? You keep saying this. Without control you are literally pissing your money away. Look at Hargreave Hale. 0 Quote Link to post Share on other sites More sharing options...
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