20 Feb 2014 13:27:23
Rangers to receive 1.5 million emergency loan? Two large investors to give the loan till season ticket money starts to come in! If it is inverstors why is it a loan and not just more investment? The hedge group and the essedales are the mentioned parties!

1.) 20 Feb 2014
Note - if true fans could have power to make demands, ie put season ticket money into single account - and say to get this en bloc talk to this guy.

Who do we trust most - and give him our proxy to negociate seat onto the board.

2.) 20 Feb 2014
At the recent AGM the board failed to get the required 75% of votes necesary to pass resolution 10 - "renew the directors' authority for the disapplication of pre-emption rights". Pre-emption rights protect shareholders from the dilution of their stakes and passing the motion would have given the board the ability to sell shares to selected investors for as little as a penny a time. The club stated that they may renew attempts to secure this privilege in future after 32. 1 per cent of votes went against them.
I would content that in the near future we will see an EGM called were this resolution will be put the shareholders again. If the loan is exchanged for shares this will ensure that this resolution will now have the required votes to be passed.
This will then allow us to see who really holds the power and also will allow the majority shareholders to offer shares to other interested parties that have been waiting in the wings to invest.

3.) 20 Feb 2014
The problem with what you say Paddy is, the people putting up the money are the largest shareholders so will they want to see their investment diluted, to allow their power to be dissipated. I don't think so. Administration still a real threat.

4.) 20 Feb 2014
Op - how many loans do you think your mob have received over the years from one specific large investor?

Sammy - are you not getting season ticket holders mixed up with shareholders
ST gives you access to watch the rangers etc etc
SH gives you a vote in the election of the board members

I have never ever heard of ST holders electing the board

JG

5.) 20 Feb 2014
Administration is not going to happen there is no chance smokey and the bandits are going to let their shares become worthless the debt is minimal there is plenty of scope to turn everything round make it a real viable proposition but as I have said this is the time here and now to get started there certainly been payments that have been made that were one of and iaccept some higher wages had to be paid to attract players but ther has been some real dud signings that should never had happened ally down to the one and only ally

6.) 20 Feb 2014
@ Allymac

What price will the shares be transferred at? Say 1p a share again, accounting for 15m of the 16m+ shares yet to be issued. This strengthens their hand at present. If there is another public share issue, their percentage holding isn't diluted and they can shares to recoup their loan.

7.) 20 Feb 2014
JG. its called fan power.

worst case scenario is fans hand over ST money June, and RFC folds as its all gone by oct.

But they £8m from fans en bloc, could be enough to get control, since currently this the largest income into club.

It can go in lump sum, or fed in £700,000 each month - which would prevent it disappearing into the black hole that £22m just vanished into.

ps. only saying one seat on board. not whole board. but £8m is sufficient to get a board rep at times like these.

8.) 20 Feb 2014
Sammy1974 I've never replied to any of your posts before but I agree on your post number 8 the support need to get there fingers out cause them running rangers must be laughing there fecking heads off they've got us bye the short and curllies and they know it why won't they let an outsider look at the books I feel like they are taking me for a person here

9.) 21 Feb 2014
Sammy 1974 in responce to first post I said about a year ago on here the fans should ask somebody like john greig to open bank account for supporters to put season book money into then tell the board they will get the book money once they tell us what's going down even at that they only get the money if we agree with there plans

10.) 22 Feb 2014
Tmwnn - was sure I was not first to suggest, but with Hearts fans and DAFC fans effect rebuilding their clubs and boards. think its time has now come.

Looks likely £8m is needed asap - but will that vanish in an instant (claim from Imran, some unpaid bill. VAT? etc etc etc)

Where as the ST money is a major income, and it could be fed into club with someone on board.

Your John Greig a great suggestion. funny how JG - does not support that - odd that?

So JG is not John Greig fan. odd that!

11.) 23 Feb 2014
N10 it let's us know that jg is not our john lol greig