Davie P 4 Posted May 13, 2015 Share Posted May 13, 2015 Assume that the 'source close to Cashley' is Toxic Jack? 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted May 13, 2015 Share Posted May 13, 2015 Would like to think the Board are on top of this, but I haven't been convinced with them so far. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,240 Posted May 13, 2015 Share Posted May 13, 2015 Snatched from FF Dave King has stated the money is available to repay the 5m he obviously just doesn't feel inclined to pay it yet. Given the fact that MA needs shareholders like you and I to vote to give him his cash back suggests the terms of the loan are not as water tight as we feared. MA only gets the securities in the event of a default by the club. He owns nothing. MA has a 5m liability and contracts with Rangers at a time when his involvement in the dodgy takeover is under investigation by police. You can bet Sports Direct shareholders are asking questions about their exposure. DK has not been passed FaP by the SFA yet. Let's not score an own goal by showing the world that he's in control before he's passed. Can we all calm down a bit. am i looking at this right - suspended from AIM due to corrupt NOMAD jumping ship before transition - new NOMAD rejects us due to the previous corrupt boards running of the club - hence delisting Ashley & his stooges in Easdales, Llambias and Leach CAUSED the delisting of the company and now he wants answers? A Rangers spokesman has told SSN: We are considering Mike Ashley's request with our advisors. 0 Quote Link to post Share on other sites More sharing options...
aweebluesoandso 290 Posted May 13, 2015 Share Posted May 13, 2015 I have only one thing to say to that fat coont, Slimfast. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted May 13, 2015 Share Posted May 13, 2015 He should live up to the terms of his loan agreement 0 Quote Link to post Share on other sites More sharing options...
compo 6,126 Posted May 13, 2015 Share Posted May 13, 2015 I say pay him but how many more things are going to surface this wont be the last of the fat man . 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted May 13, 2015 Share Posted May 13, 2015 I don't see that King lending Rangers the money to pay off Ashley would prejudice King's position with the SFA; but he did indicate that he wanted to work with him i.e. use his money, for a period. No doubt the actions of the previous Board contributed to the rejection by the prospective new NOMAD but our lack of working capital, no CEO, no FD and King's difficult position may also have been factors. Shareholders are entitled to know the truth of the matter. 0 Quote Link to post Share on other sites More sharing options...
The Real PapaBear 0 Posted May 13, 2015 Share Posted May 13, 2015 Ashley stood to make millions from us through his contracts but If he is asking for his money back it's either done out of spite or because he fears losing it. Now, why would that be? Could there be a revelation that would make his contracts null and void? 0 Quote Link to post Share on other sites More sharing options...
Little General 80 Posted May 13, 2015 Share Posted May 13, 2015 I don't see that King lending Rangers the money to pay off Ashley would prejudice King's position with the SFA; but he did indicate that he wanted to work with him i.e. use his money, for a period. No doubt the actions of the previous Board contributed to the rejection by the prospective new NOMAD but our lack of working capital, no CEO, no FD and King's difficult position may also have been factors. Shareholders are entitled to know the truth of the matter. yet again you are saying we were rejected by a nomad. it's untrue, we had a nomad. it was AIM who wouldn't take us on. or are you saying the new board have lied? 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted May 13, 2015 Share Posted May 13, 2015 I say pay him but how many more things are going to surface this wont be the last of the fat man . If he gets the loan repaid what else is he likely to do? 0 Quote Link to post Share on other sites More sharing options...
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