Rangersitis 0 Posted October 20, 2014 Share Posted October 20, 2014 where is he then? thought he wasn't going back to SA until all this got resolved I heard that he couldn't stump up enough readies for the Ryanair flight, Rab. What do you reckon? 0 Quote Link to post Share on other sites More sharing options...
jhunter 0 Posted October 20, 2014 Share Posted October 20, 2014 http://www.dailyrecord.co.uk/opinion/sport/keith-jackson-dave-king-jets-4467044 Keith Jackson: Dave King jets in for crunch Rangers talks - but will his deal get past Mike Ashley Oct 20, 2014 07:44 OPINION BY KEITHJACKSON If Wallace, Nash and Crighton remain in agreement then this package will receive boardroom support, no matter what Somers or James Easdale may think of it. But the release of new shares will also need to be approved by 75 per cent of the club’s current shareholders. And that’s the tricky bit. The Easdale boys hold proxy votes over a combined 26 per cent including the infamous Blue Pitch Holdings and Margarita Holdings. Together, they can torpedo King and blown his plans out of the water and that’s without the added bulk of Mike Ashley who continues to cast a huge shadow over this entire fiasco. So what is Ashley’s motivation in all of this? Well, the official line is he wants nothing more than to protect the retail deal which was gifted to him by Charles Green. And little wonder. In fact, Ashley has boasted to some of his associates that this hugely generous seven-year contract represents the best single deal of his entire business career. But, given that the more strips he sells the more blue pounds he coins in, surely it stands to reason that Ashley should want Rangers stabilised and its supporters – his customers – placated as quickly as possible? The fact he seems unwilling to even open dialogue with King suggests Ashley has something else in mind for this club. And that in turn makes a mockery of King’s back-of-a-taxi-cab claims to be ‘confident’ of getting his way. It’s difficult to make sense of his bullish remarks when the odds seem so heavily stacked against him. Because if King’s ransom is not accepted by Rangers then it is almost certain that Ashley will be the only possible saviour. By knocking King out, he makes himself the last man standing. And with Rangers just weeks away from falling over another financial cliff edge, Ashley can then name his price for the money which will be needed to haul it back from the brink at the eleventh hour. In other words, by stumping up a life-saving emergency loan of between £10m and £20m he is buying complete control of the club, without having to increase his 8.92 per cent shareholding and running into trouble with the SFA. For that money, Ashley can take from Rangers whatever he wants. This isn't going to end well. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted October 20, 2014 Share Posted October 20, 2014 I'd imagine any meeting is understandably delayed due to Easdale family bereavement. Was there any mention of them being involved in these negotiations? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,186 Posted October 20, 2014 Share Posted October 20, 2014 Was there any mention of them being involved in these negotiations? For better or worse at some point you'd imagine at least one of them would be part of the board meeting King. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted October 20, 2014 Share Posted October 20, 2014 For better or worse at some point you'd imagine at least one of them would be part of the board meeting King. I wouldn't imagine that King would want them anywhere near it. His plans to oust them, their handlers and/or Ashley won't be conducive to cordial discussion. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,186 Posted October 20, 2014 Share Posted October 20, 2014 I wouldn't imagine that King would want them anywhere near it. His plans to oust them, their handlers and/or Ashley won't be conducive to cordial discussion. That may be true but given James Easdale is part of the RIFC investment committee, it may be unavoidable. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,300 Posted October 20, 2014 Share Posted October 20, 2014 Scottyboy_1 (the "informed" FFer of above) on todays article ... Anybody that knows anything about this knew nothing was coming out today i dont know where this came from, and also todays article is keith jacksons opinion and nothing more!! The king camp are pretty confident and rather bullish about the situation! Lets take it a step at a time here and get the boardroom votes counted before we go for shareholders as once the boardroom vote gets railroad through then certain investors/shareholders will no longer be in the position thwy are! Just relax bears lets not get worked up about things just yet 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted October 20, 2014 Share Posted October 20, 2014 Scottyboy_1 (the "informed" FFer of above) on todays article ... Nothing was coming out today because last Friday was the announcement date! And where did that inside info come from? That's right, Scottyboy_1 from FF. 0 Quote Link to post Share on other sites More sharing options...
Little General 80 Posted October 20, 2014 Share Posted October 20, 2014 Nothing was coming out today because last Friday was the announcement date! And where did that inside info come from? That's right, Scottyboy_1 from FF. It was actually Lutonloyal who said it was Friday and he has posted an apology today. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted October 20, 2014 Share Posted October 20, 2014 It was actually Lutonloyal who said it was Friday and he has posted an apology today. I'm only going by what was posted on Gersnet and attributed to that poster. Lifted from FF: scottyboy_1 scottyboy_1 is online now !!one of the people!! Join Date: 19-01-2009 Posts: 3,315 Default Re: The Herald: Deadline set for Rangers to accept £16m King rescue plan Was told last week that friday was the announcement date and a few posters on here can vouch for me as my info on the king deal has been spot on but i was told friday at the latest and that things were going well 0 Quote Link to post Share on other sites More sharing options...
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