craig 5,195 Posted November 2, 2017 Share Posted November 2, 2017 Another non-story, intended only to waft more negativity about Rangers. Does Robert Collins really believe Dave King has been carrying that £20m debt as an asset all these years in the expectation of full recovery. Any hit (if there actually is one) was taken long ago. Journalism in this country seems to cater only for the profoundly uninformed and the terminally gullible. Indeed. Another way of looking at this story would, legitimately be, "King set to receive unexpected 782k windfall". King would have written off the full amount a LONG time ago - so to get back 750k is actually a "bonus" to him at this juncture. Journalism in Scotland MUST be negative towards Rangers. The moonhowlers will have this down as "Admin 2 is just around the corner". 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted November 2, 2017 Share Posted November 2, 2017 I thought he was a shareholder and not a creditor, and therefore wouldn't be due anything? 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted November 2, 2017 Share Posted November 2, 2017 (edited) His shares were in Murray Sports sure enough...so you're right Edited November 2, 2017 by colinstein 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,329 Posted November 2, 2017 Share Posted November 2, 2017 His shares were in Murray Sports sure enough...so you're right They were initially in MS but near the end Murray restructured and King ended up with shares in the club IIRC. 0 Quote Link to post Share on other sites More sharing options...
26th of foot 5,827 Posted November 2, 2017 Share Posted November 2, 2017 Does Robert Collins actually exist? Just another bit part Editor adopting a nomme de guerre with th 'rc' initials to add to the cacophony of stick it on the h_uns sniggerfest. 0 Quote Link to post Share on other sites More sharing options...
union 0 Posted November 2, 2017 Share Posted November 2, 2017 the list is unsecured creditors like ticketus and face painters and roll shops but no dave. 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted November 2, 2017 Share Posted November 2, 2017 the list is unsecured creditors like ticketus and face painters and roll shops but no dave. see bluedell's post above. BTW the list you see in the Record is from 2012, after which many were paid (including football debts) 0 Quote Link to post Share on other sites More sharing options...
union 0 Posted November 2, 2017 Share Posted November 2, 2017 see bluedell's post above.BTW the list you see in the Record is from 2012, after which many were paid (including football debts) What anout his post? king was chased by D&P he isn’t and never was a creditor,murray stitched him up, but he still never sued him, what hoes atound etc ! 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted November 2, 2017 Share Posted November 2, 2017 (edited) sorry is that Africaans or something what hoes atound and the post says King held shares to the tune of £20 million.....that's how he lost the money Edited November 2, 2017 by colinstein 0 Quote Link to post Share on other sites More sharing options...
Davie P 4 Posted November 3, 2017 Share Posted November 3, 2017 Union, out of genuine curiosity, what is it that you dislike about Dave King? There is not a single Rangers supporter who doesn't wish for a Chairman/largest shareholder who has made his money without a single blemish, purely through his own efforts, without screwing over any person who has come across his path, takes care of his granny, supports the RSPCA etc. I cringe at some of the statements that are signed of by King and wish we would pick our battles more carefully. But can it be argued that King is not a genuine supporter and sees Rangers as a means to make more money? Highly unlikely, I would have thought. The reality is that the current shareholders are currently funding the club. Known fact. The club will be running at a deficit for a period of time and requires those shareholders willing to use their own money to ensure that we do not go back into an administration. Fact. What or who are the alternatives to King and the 3Bs? Ashley? Green and his mystery consortiums? Whyte? Murray? Would the Park's continue to fund the club single handedly? A Chinese or Arab investor with no affiliation to the club is going to generously contribute millions to restoring the glory to our famous club? My personal opinion is that King is not in it for the long haul. If there is a better option for the long term well being of Rangers, I have no doubt that King would walk, and go and enjoy his wine in South Africa. The challenge is finding that better option. 0 Quote Link to post Share on other sites More sharing options...
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