the gunslinger 3,366 Posted January 11, 2015 Share Posted January 11, 2015 Or get another loan from Ashley. Then another. And another.....We'll end up like Newcastle who are literally in Ashley's pockets they owe him so much money well at that point you have to call an agm. with us running out so soon we might as well see what they do. they may yet turn to parkco. ashley wont do unsecured and we have little or nothing to offer as security. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted January 11, 2015 Share Posted January 11, 2015 If the board wishes to take such a loan with Ibrox or Auchenhowie as security, do they have to inform the shareholders before they accept such a loan? If so, can the shareholders block such a loan from being accepted? they can't used those as security while whyte claims he owns them in court. thats why they use assets bought after whyte. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,255 Posted January 11, 2015 Share Posted January 11, 2015 they can't used those as security while whyte claims he owns them in court. thats why they use assets bought after whyte. Whyte? LOL. When's this due in court then? 0 Quote Link to post Share on other sites More sharing options...
Ser Barristan Selmy 222 Posted January 11, 2015 Share Posted January 11, 2015 Whyte? LOL. When's this due in court then? I'm getting deja vu here. 0 Quote Link to post Share on other sites More sharing options...
MikeN63 0 Posted January 11, 2015 Share Posted January 11, 2015 it is the same as any board of any company; if they're not acting in the best interests of the company or are seen to be acting negligently, not in the best medium or long term interests of the shareholders then they can be brought to justice. so taking continuous loans from Ashley, to the future detriment of the Club and shareholders, when there are better offers on the table, then that is a justifiable call for other shareholders to shout foul and alert authorities, be they legal or football related. it is fraud, effectively. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted January 11, 2015 Share Posted January 11, 2015 Whyte? LOL. When's this due in court then? no idea but the fact remains that security cant be granted 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted January 11, 2015 Share Posted January 11, 2015 they can't used those as security while whyte claims he owns them in court. thats why they use assets bought after whyte. Lets hope Whyte loses and we have a board that makes these assets safe then. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,255 Posted January 11, 2015 Share Posted January 11, 2015 no idea but the fact remains that security cant be granted FWIW I don't think Whyte has any claim whatsoever on Ibrox & Auchenhowie 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted January 11, 2015 Author Share Posted January 11, 2015 no idea but the fact remains that security cant be granted Don't keep him going. 0 Quote Link to post Share on other sites More sharing options...
TheWee BlueDevil 0 Posted January 11, 2015 Share Posted January 11, 2015 Don't keep him going. He thrives on it, give the baby his bottle! 0 Quote Link to post Share on other sites More sharing options...
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