ian1964 10,416 Posted January 27, 2016 Share Posted January 27, 2016 Mike Ashley has failed in a court bid to block any future attempts by Rangers to prevent him from voting at general meetings. The Ibrox club tried to put a resolution to shareholders at their annual meeting in November to prevent any shareholder with an interest in another football club from having a say. Ashley, who is a near 9% shareholder at Rangers through MASH Holdings Limited, also holds a majority stake in Newcastle United. The Court of Session prevented the club from putting that matter to a vote in November. MASH Holdings then returned to the court on Wednesday seeking an order stopping Rangers from being able to raise the matter again at any future meetings. But Lord Tyre said it would not be legally correct to allow the request to be granted, stating his decision last year only applied to the relevant AGM. He ruled that if MASH Holdings wanted to stop such resolutions being put before shareholders, the company would have to instigate fresh legal proceedings. MASH Holdings will only be able to instigate such an action if they receive future notice from Rangers that the matter was to be considered at a shareholder meeting. http://news.stv.tv/west-central/1340540-mike-ashley-fails-in-court-bid-to-stop-rangers-blocking-voting-rights/ 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,151 Posted January 27, 2016 Share Posted January 27, 2016 Haha - poor Mike! 0 Quote Link to post Share on other sites More sharing options...
buster. 4,808 Posted January 27, 2016 Share Posted January 27, 2016 Would this have anything to do with Mr MASH contemplating relegation into the Football League and putting in place contingencies ? 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,416 Posted January 27, 2016 Author Share Posted January 27, 2016 That last sentence suggests he can take the matter to the Court of Session again once an AGM/EGM is called with this on the agenda. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted January 27, 2016 Share Posted January 27, 2016 While it is a win I would imagine he will take it to court before every AGM and as he won the last time he will probably win again. Not a great situation for us either. I may be wrong as I am no legal expert. 0 Quote Link to post Share on other sites More sharing options...
The Stroller 0 Posted January 27, 2016 Share Posted January 27, 2016 I'm afraid this is a pissing contest between Ashley & King. Problem is Ashley has more in his bladder & has a bigger member :-( 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,260 Posted January 27, 2016 Share Posted January 27, 2016 I'm afraid this is a pissing contest between Ashley & King. Problem is Ashley has more in his bladder & has a bigger member :-( Spot on & if King is seen as a liability then he should consider his position as chairman. We can't afford these continual legal battles with Ashley & if King's removal stops them so be it. 0 Quote Link to post Share on other sites More sharing options...
Waltersgotstyle 297 Posted January 27, 2016 Share Posted January 27, 2016 Spot on & if King is seen as a liability then he should consider his position as chairman. We can't afford these continual legal battles with Ashley & if King's removal stops them so be it. Delusional. 0 Quote Link to post Share on other sites More sharing options...
Juancornetto 1 Posted January 27, 2016 Share Posted January 27, 2016 Spot on & if King is seen as a liability then he should consider his position as chairman. We can't afford these continual legal battles with Ashley & if King's removal stops them so be it. If Mr King had let Ashley run riot with his lawyers, you would be one of the first to criticise him. Damned if he does, damned if he doesn't. 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted January 27, 2016 Share Posted January 27, 2016 The idea that this is "a pissing contest" between 2 egos is complete nonsense. Ashley has decided to undermine the club and would be doing so regardless if King was there or not 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.