RANGERRAB 3,257 Posted June 10, 2015 Share Posted June 10, 2015 I'm more convinced by him than the rats that have been chased out of our club,you obviously prefer the previous theives to King as you handed them your cash for a ST last season but are implying you won't buy one this season. Oh I'll buy an ST. Don't worry about that. Once Mr King delivers his promises that is.... 0 Quote Link to post Share on other sites More sharing options...
Rousseau 9,369 Posted June 10, 2015 Share Posted June 10, 2015 5million probably means nothing to him as would putting us into administration as a result.If King has the money some say he has he should pay Ashley his money back I wouldn't. There's no interest and no timescale for repayment. It's 'free' cash, we may as well use it. Moreover, I believe King is using it as leverage to renegotiate the retail deals. Shrewd move IMO. 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,411 Posted June 10, 2015 Author Share Posted June 10, 2015 I wouldn't. There's no interest and no timescale for repayment. It's 'free' cash, we may as well use it. Moreover, I believe King is using it as leverage to renegotiate the retail deals. Shrewd move IMO. This doesn't suit Rabs' agenda mate 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,257 Posted June 10, 2015 Share Posted June 10, 2015 I wouldn't. There's no interest and no timescale for repayment. It's 'free' cash, we may as well use it. Moreover, I believe King is using it as leverage to renegotiate the retail deals. Shrewd move IMO. You really think that's a good idea? Do you think really Ashley will negotiate with King ? I fear Ashley will go for the nucleur option. He has nothing to lose and doesn't believe King has 5m (as do I) 0 Quote Link to post Share on other sites More sharing options...
aweebluesoandso 290 Posted June 10, 2015 Share Posted June 10, 2015 This doesn't suit Rabs' agenda mate He's probably not called Rab? more a Bill or Merlin or even a Jack. 0 Quote Link to post Share on other sites More sharing options...
Rousseau 9,369 Posted June 10, 2015 Share Posted June 10, 2015 (edited) You really think that's a good idea? Do you think really Ashley will negotiate with King ? I fear Ashley will go for the nucleur option. He has nothing to lose and doesn't believe King has 5m (as do I) We are using the money, if not used it, but MA can only get it back if we default on it, which is unlikely. He'll need to negotiate if he wants his money back. Great idea. Edited June 10, 2015 by Rousseau 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,150 Posted June 10, 2015 Share Posted June 10, 2015 You really think that's a good idea? Do you think really Ashley will negotiate with King ? I fear Ashley will go for the nucleur option. He has nothing to lose and doesn't believe King has 5m (as do I) Of course King et al have the £5m. The problem is even if we pay it back, we're hardly rid of Ashley and the onerous contracts remain in place. Sure, not paying him back may not result in Ashley suddenly backing down either but it is one small piece of leverage we have and given that's in the club's interest then I'm happy to back Kingco's voting recommendations. 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted June 10, 2015 Share Posted June 10, 2015 (edited) You really think that's a good idea? Do you think really Ashley will negotiate with King ? I fear Ashley will go for the nucleur option. He has nothing to lose and doesn't believe King has 5m (as do I) The Loan agreement doesn't allow him to call in the loan just now, otherwise he would have, rather than trying to get it done through an EGM. there is no nuclear option for him. Edited June 10, 2015 by Calgacus 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,150 Posted June 10, 2015 Share Posted June 10, 2015 The Loan agreement doesn't allow him to call in the loan just now, otherwise he would have, rather than trying to get it done through an EGM. there is no nuclear option for him. Pretty sure Rab knows this. Ashley certainly does which is why we are where we are... 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,257 Posted June 10, 2015 Share Posted June 10, 2015 What if he threatens administration? 0 Quote Link to post Share on other sites More sharing options...
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