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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? :)

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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

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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?

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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.

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