Member Info for footyfan

@cambridegblue - but your hero (Mr King) ran 40 companies in SA... was it not childplay to find one that made a legitimate profit......... but no - you cant find one cos it seems his money was made in a massive share sale.... so you attack me - not the arguments I make, pmg now reports that Mike is moving and that TLB don't have sufficient funds to survive a few months...... that Ashley owns "Rangers" name, and brands, and assets. This is awful.... and yet all you can post is tripe.... guess your pr script ran out...... yet other posters can rip your claims to shreds.....

Easdales and Lethlan made loans without any interference from SFA - why would they stop King making loan... this *******s! only cb says king cant invest due to sfa - others say cos king has no cash....

stu hints Europe 3+ years away - but its only 1 year - we could win or be in final of Cup next year - and if against team who qualify via SPFL then 2nd in cup will enter Europe in 2016/2017 - so we could be back in Europa (£10m) in 14mths... as ever celtic supporting troll does not know what he talking about.

@cambridgeblue - "But of course the man who ponied up his own cash for more shares than anyone else must be skint - its the only logical conclusion..." yup he made £42m in shares - then fined £40m in tax case - now has £2.5m to spend on 15% shares - very odd how it fits the pattern - he only has £2m.5 left - how to make this grow by 10x..... would a share scam not do that ? if someone makes £42m in a share selling scheme... why wont they try again... worked last time. You need to show that the £42m king made was made by a real business deal - not leaving shareholders stuffed. Ashley made billions - cos he floated a real business that makes real profits for shareholders and himself.... he does stuff competitors and people he owns money to ..... but he does make money more legitimately then king.

@ stuzeeuk - "I was referring to the legal intricacies of extricating themselves from a web of onerous contracts. " But contracts entered into freely by both parties without legal representation on one side ( remember Wallace review - contracts that were onerous, and entered withoyt legal considerations) !!!!! - wont be easy of cheap to exit from - that's the point - Ashley holds brands - anyone can buy them back at a price !!!! If Ashley owns "Rangers" name , and brands and assets - then this is immune from admin/liquidation After admin - any new company/club would need to pay to use any of these elements - even being a club called "Rangers" ..... So admin is a red herring - it just dooms us to other year in championship - and damages the game and sponsors etc etc Rumours elsewhere Ashley will walk away for £27m - that's his price - ... now that's below kings £30m - so wheres the issue..... pay it and lets rock and roll..... oh wait Llambias said "wheres you money"....seems king might be skint ...... so now he needs someone else to pony up this Wonga (joke here)... who... yup us mug fans... again. We told L&L and his board bad by stu/cb - that we needed change ( now stu wants admin - more change ) - wow that lasted just 4 weeks.... stu the celtic troll - who wants us in admin .... yeah right! pr - is just wasted money.... no real pr from new board - as legally not allowed to say any much....

have to agree with cambirdgeblue (shock horror) dave cant just invest a loan - as the SFA may apply a fine like with Ashley... of circa £7500 ... and sounds like king does not have that either.... lol - so we may go into admin cos SFA don't allow king to invest... this is a joke @cb !!! you believing spin too much... King said he had £30m of kids inheritance.... spend it now.... ???

ashley wanted trademarks ( source pmg who has documented this aim for 4 months) its what ashley does with distressed stocks,... gets thier trademarks. ahsley would delist where possible.... and he steps back with 10% and in comes kingco and they delist so no,blame attached to kingco.... cept stu/cb saying l&l did it ashley wants main assets and to offer loans......check loans secured against assets ashley wants paid even if boycotts....check ... paid if shirts sell or dont ashley does not want legal jeapardy...never at helm when ship sinks.....check.... kingco in legal bind as board they limited to what they can say and do, and criminal charges easy to raise against them, they need liability insurance.. seems ashley wins hands down, only risk is new shareoffer and he is existing holder and could invest or underright offer via loan....

@cb 85% ... thats all but king with his 15%, .?? kingco are concert party with 40% and board control only, need more than 75% for overall controll.... a shareoffer of 40,000,000 shares will allow dilution of any shareholders stockWHO DONT TAKE UP OFFER - so if kingco offer bad share deal (100 rfc shares for 1 mircromega is very bad) then if kingco underwirte offer and its not taken up then kingco then own more than 75% of rifc and can dowhat they like....rumour has also been that king wants fully controll without paying for shares to do this in full time will tell, bit so far king is going to plan.....

@cb - "I still don't get how it even works -remember there is a limit to how many shares can be issued at a rights issue - 40% I think." ???? man you don't understand how dilatation of shares work ffs - 40% more on offer - no one buys ( cos 100 rfc for 1 micromega pish) and thus kings 15%+3tb 40% share becomes 75%+ and they have full control..... then Micromega shares claims owning RFC (global brand) adds £50m to their value and King&co sell 80% of micromega and make £40m... that's what he did last time allegedly which got him $42m and tax issues.... cos making that amount without paying tax is odd Green (£22m in ipo... wheres that's gone), Whyte (£4m jelavic money wheres that and £14m hrmc).. these guys all walk away with our clubs value in their pockets leaving bills and nothing behind - no badges, no assets.... just team... and 12 of those out of contract... we left as a hulk of what we were - least we have priceless trophies....

@cb - "ff- sounds like the deluded ramblings of a deranged whatjamacallit" if only CB , if only. See my problem is here - the blogger in question clearly deranged in many ways - but predicted our fall and now predicts things which keep coming true.... too many things. You don't give me the confidence that King is not planning a 1-for-100 rfc share issue .... if a final desperate act to get money between now and ST renewal..... I hope blogger is wrong - but no one on here ever able to dismiss his claims - some are false - but a blogger only needs to be right once - when you claim he wrong - to beat you... so far he about 10 - 4 in his favour against you.... how come - if he making it up .....? His idea is what King did last time to get the £42m in first place to hit his tax issues... how else did king make £42m in income ? cos if he is a successful business man then no issue and he has money to invest..... Ashley made money stuffing JJB sports and Dave Whelan - in a david and goliath battle

@cb pmg been posting that limited rights issue to shareholders will be made - but into MicroMega - so that 100 rfc shares becomes 1 MicroMega and thus King owns 90% of Micromega... and then shareholders (Ashley and fans) own just 10% of Micro Mega,... or if its shareoffer and most don't take up - existing shareholders shares are reduced - so king gets 80% control again. either way - its limited to existing holders... not public and unlikely to work - and thus designed to fail - with however underrights it getting control of club for little input - which again it whats claimed King raison d'etre is...... David Murray tried to raise £50m this was and only got £1m....... After AIM £22m float - can see that scale (and was £5m from fans) ,,,,, again... too much austerity in the air So Ashley has the key assets.... and loans secured King has the board and legal requirement to pay bills ,..... does not look good for King... needs £10-20m very quickly from where.... existing shareholders only.....???? does not add up

> ‘The Old Firm’ Trade Mark. >For better or ill it’s still the same with the joint owner remaining: ‘Celtic F.C. Limited and The Rangers Football Club plc’. So this gone as well as BDO has rights to that not RIFC.

@cb - rights issue ? Open to who existing shareholders only .... ? Who wont invest... if not IPO then not public.... seems only option is one pmg has suggested - float on SA exchange with 100 rfc shares for 1 in Micromega ......???? is king planning to make a killing on MicroMega and then invest that into RFC? This as bad as CWhyte and ticketus scam

@CB - the board have clearly said they are setting up an rights issue "in the next few weeks" Don't we need to be on market first that supports rights issues....? KingCo should have paid back loans and got the assets and IP back - (they had £16m remember).... yet they choose not to..........

@gtaylor - ah I see you a fan of Easdales then (0% interest on £1m loan, no payoffs, lost £2m)...??? I never insulted 3TB - they pony up money - but only £1.5m and what about this month, and next and next 6 months? £5m was on offer and better than hand to mouth. @stuzeeuk is the celtic supporting troll - so ignore him - he just wants change, whatever board it is... > It was extremely wise of the board to refuse the 6.5mm offered by the three bears because it disgracefully had a clause in there that it would convert to equity. But that could not get shareholder vote needed 75% for that... so a non runner... where as £5m loan was real - as it was secured. Why did king not put in any money? A) He has no money ! B) He was prevented by someone.... who ? rumours elsewhere king only has £2.5m left and he spent £2m on his shares for 15%..... Ashley values our club key assets at £27m.... so how was it sold for just £5m???????

I see you posting on our enemies LSE board... bobbargains... why bother ?

>why this is good for Rangers Shareholers Well loans need to be secured against something - and Ashley values brands and trademarks - hes still shareholder... whats issue here - he loands £5m - not unsecured £1.5m that was spend two days later on salaries. I don't like Ashley as no ambition - but I like that he bank-rolls us and offers us a lifeline and billions on tap. David Murray owned all the brands and no-one complained then - now Ashley has hold of assets - and they are secured ..... cants be sold off - and when we back in CL and earning £16m we can buy them back.... or admin2 ? L&L had to avoid trading while insolvent.... King and PM will need to do same or face administration.... > Is this not just brazen theft? No ! FFS - £70m gone missing and you looking at transaction that paid bills and got £5m loan !!!

1 win in 9 - was the count - you forget ? this should you your mantra .... old board out !!!!! Burn the witch! Old board signed someone who scored in last 5 game.... fook me that's good! You just cant bring yourself to admit they did somethings right - paid bills, got secure loans.... let super go, brought in 5 players, more that our enemies.

12 contracts end before playoffs which are after end of season. How much will it cost for them to be re-hired for 4 games? It was expected they would walk championship - have won by now - like other divs - and so we saved wages for two months - with less players... till new season - new contracts. Playoff not planned for.

because last time we sat back and ignored the signs - it cost us our place in world football (at top of our league). It could have been prevented by simple questions and our smart fans working together to avoid catastrophe - portsmouth , leeds and others showed that multiple admins/liquidations are the most likely path to follow - and we want to avoid that at all costs..... 140+ years of history, 40-50K STs, leagues and cups galore - all lost in an instant - when our debts exceeded our funds We still have the stadium, the training ground - and should be financially sound as our main rivals - but are not ... something is wrong.... some feel its the conspiracy against us - but too many walk away with full pockets - veyr few ( Smith, MMurray) walk away with no payments at all.... so the rrm are few... the pretenders are many. I dont like Ashley (no ambition ) but would settle for it in the short term. I dont like King ( no money so far, and his history is bad, rrm yup - but was on board at the crash - and culpable ) .. lets see what he delivers - but would not be shocked if its another scam.... and fear this may be case lots of analysis on here - are we better for it - real fans are wiser..... but lets hope we go up in playoffs. Would accept other year in championship - if we rebuild with kids and some real players and romp it next year - maybe winning petrofac cup and thus starting a roll, into spfl year after .... with some hope ... fear admin2 is closer than we all think..... hope not. last post - time to move on.