13 May 2015 18:20:44
Failing to understand why there are fans doubting dave king already.
Sorry do you want the previous board instead? Fans asking king to pay mike ashley back with his 5m. why pay that 5m back when police are investigating Sports Direct affairs. its possible we won't have to pay it back. I for one would prefer to see action taken against Ashley and his sneaky business dealings. Ashley is a smart business man and he has used a majority of legal clauses to get money out of rangers but surely some part of it will get him sued or taken to court.
13 May 2015 18:30:22
Have to disagree! Mike Ashley will get his money back regardless off what went on with the police last week
13 May 2015 19:25:53
Myles, don't be ridiculous, irrospective of anything he has done, our club owes him £5m+ and it should be paid or the directors forfeit all the guarantees he has. Until that is cleared his power over us is limitless.
I would say that he has doubts about our financial security and is just covering his ass.
The next thing he is liable to do, on behalf of fellow investors, is sue king and co. for losses associated with the de-listing of the club on financial markets.
We'll soon see what king's intentions may be, and I sincerely hope he is not going to be a giant let down.
13 May 2015 19:46:14
Myles, where do you get your information from? Sports Direct are not being investigated. Of course we will have to pay the £5m back.
People are sceptical about King because since he took over we have been delisted from AIM despite him telling us that he had a NOMAD lined up. He said he would invest and we're yet to see a penny. The SFA are not preventing him from investing from now. Priority 1 should be to repay all outstanding debts and that requires following through on the promises made prior to the election.
13 May 2015 20:08:59
Myles, do you honestly believe that rangers have just got a free £5m pound, seriously?
Sports direct is entitled to it, Ashley might be a lot of things, but I seriously doubt he has done anything illegal, unethical yes.
13 May 2015 20:12:28
Don't think anybody could guess what is going to happen lol
13 May 2015 20:27:47
The question that I find interesting is why is Ashley demanding the money back when the loan has no time limits on it and also the egm may or may not be legal however my point of view is he is trying to embarrass Rangers and also to get Dave king to react
13 May 2015 21:50:34
Aye Ceex,LOL its hilarious mate.
13 May 2015 23:51:21
After the meeting with Paul Murray, Ashley knows they have no money, so he is demanding his £5 million back so everyone else will know they have no money.
13 May 2015 23:29:37
My view on this is Ashley wants out of rangers in this sense and only to keep the retail deal. Rangers are too hot right now with police and investigations left right and centre. He got all of these things through dodgy dealings with green and his own appointments. Don't forget there was the same amount of money in the club as when he gave us the loans so he's not worried about not getting his money back. He could also be doing it to prove a point.
King et all haven't put any money into the club because it's not the sole purpose of what he came to do. The sfa are not stopping him putting money into the club but they are stopping him on his primary objective which is to turn the club around financially.
He wants to look at the whole picture of rangers commercial running and run us to a profit but just now he can't because there must be contracts sucking money out of the club and throwing money at it won't stop it.
He will provide funding but not until it goes 100% to the club and will do it through a share issue so one he needs to be cleared by the sfa before he can actually start his tenure as chairman.
I would say this will happen through the summer but definitely not before he is in his post.
I know it's hard due to All the false promises of the previous boards but king is a rangers man and wouldn't try so hard to gain control of a club running at a loss to just let it die. He will invest and bring others on board with investment and together along with fans investment through season tickets will build rangers back from the bottom up.
Would you thrown money into a club when the money is going elsewhere? It does stop the root issues guys try to use your heads.
14 May 2015 07:06:11
IMO best course of action would be get the monkey ( Ashley ) of our back once and for all.
The best way would be by paying back the loan in full on condition that he also sells all his shares so has no more influence on our club.
Maybe King or any other wealthy individual would be willing to finance this?
Dounebear
14 May 2015 11:03:31
paul murray previously stated ashleys loan would be payed back so
we shouldn't have a problem he wants his money give it to him simple then retail day goes 51 percent in our favour un till we can find something wrong with these contracts and dodgy deals it is really that simple the only reason I see for not paying is the board do not have the funds to do so
14 May 2015 14:34:29
You fink?King's hasn't got a dowt man!Not a dowt!