14 Mar 2014 19:29:31
If I was a betting man, I would bet the board refuse Dave King/ Fan's proposal and raise any funds needed using Ibrox and the training facility as security.
The non season ticket holders would then have to pay game by game at an increased rate.
Should a total boycott prevail then all will be lost.


1.) 14 Mar 2014
Billyb

It's a tricky one mate. I couldn't imagine a fan boycott but on the other hand if it means a change of board then so be it. Alternatively, I heard big Derek Johnstone on the football phone in say that he feels Graham Wallace would be a good asset to Rangers in the long run. I'm united with my fellow bears however, I don't know what to believe these days. Hopefully it gets sorted out sooner rather than later and we can get the club back on a good financial footing again.


2.) 14 Mar 2014
14 Mar 2014 21:22:56
OP if only it was that simple. isn't the problem that we can't borrow money using ibrox as security because there is doubt as to who actually owns it? If so then that could mean we remain without a decent credit line, likely meaning admin whether there's a boycott of STs or not. Give cash to board we might lose it and ibrox. Give cash to DK we might lose it and ibrox. Boycott both and we might lose ibrox. Rock, hard place and a rusty spike. Those are the options. Of course it might also work out fine but we won't know that at the point when we have to choose which one to go for. Anyone for russian roulette?


3.) 14 Mar 2014
Billyb I would be very very surprised if that was not there plans all along easy to see why as they've already used assets for loans


4.) 14 Mar 2014
I also listened to phone in and Dj stated the reason he thinks graeme Wallace is good for rangers is because he is a big guy six foot plus and has stature and knows his stuff? aye very good Dj that really is proof? Also he knows his stuff if so why at agm did he say plenty of cash to get to end of season then low and behold. Eh can anybody tap us 1.5 million? Dj u are a clown u haven't a clue what's going on inside ibrox stop kidding on u are in the Know?


5.) 15 Mar 2014
Yes tmwnn, that is my thoughts. I accept your comment Pauline about the title deeds but they are included as assets in the published accounts. They also confirm that there are no securities against them and thus wholely owned.
As tmwnn comments, I feel that the assets have been the target from day one.


6.) 15 Mar 2014
PaulineBlue do you ever use the site to talk about the team or just finances, assets & the likes?

{Ed039's Note - Talk about anything you want guys, as long as it doesnt break site rules)


7.) 15 Mar 2014
The deal as King is saying should not be a problem because the supporters "season ticket trust" would never sell on Ibrox or Murray park no matter what. Unlike Laxley etc, who will take the car park etc and sell on for a vast profit.
Its a no brainer unless the assets (ibrox plus ) are all ready gone or earmarked to go.


8.) 15 Mar 2014
Ally, the point is that, in my opinion, the board will call King's bluff and raise money against the assets. This so called fund will then do what?
Another factor being---- How much will DK be adding to the 'fund'?
It's a non starter in it's current form.


9.) 16 Mar 2014
Billyb I think if the board tried to get a loan on our remaining assets after saying the wouldn't it would be the final nail in there coffin


10.) 16 Mar 2014
16 Mar 2014 10:14:35
Billyb I don't diasagree with you that the shysters are after the assets and have been all along. But I thought the problem is that the accounts also note that there is a potential liability on the assets, due to CWs claim. Even if CWs claim is cr#p the fact that its there and acknowledged in the accounts means nobody will lend us money on security of those assets. Might be wrong but that was my understanding.

@6 yes I have posted about the football before, i'm upset you don't remember everything I say. Here's some more if it keeps you happy - we're pork and mccoist will struggle next year but even more the next year. Was listening to clyde yesterday and its widely recognised that mcoist has ice creamed up our chance of strong return to premiership as he has basically planned on being bankrolled to buy a new team with each and every promotion. He's still bleating on about buying more players, still can't see that "ally is worried = give him more millions to spend" doesn't cut it anymore.


11.) 16 Mar 2014
Tmwnn, if the assets were the original target, will they care?


12.) 16 Mar 2014
Billyb I don't think these barstewerds care about rangers at all its about money only for these winkers but after saying they ain't going to go that route they could see a massive revolt if they did eh mate