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Everything posted by forlanssister
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Record suggests King consortium want to buy club
forlanssister replied to ian1964's topic in Rangers Chat
Every £1m of profit Ashley can extract from us is worth £19.81m to the Sports Direct shareprice, Ashley owns 58% (iirc) pretty soon we'd be providing a lot of chickenfeed.- 99 replies
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Posted this in another thread but it's just as apt here.
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Just to further muddy the waters..... Insideman3 @Insiderman3 · 33m 33 minutes ago @bigwilliebhoy @tedermeatballs @TheClumpany @BartMain @TheTributeAct You will see that Keith is bang on the money with this story. View conversation Reply0 replies Retweet1 retweet1 Favorite0 favorites More Insideman3 @Insiderman3 · 41m 41 minutes ago @tedermeatballs A "small" pr guru has started his magic with this false denial and also fed a blogger info about GW bonus to deflect. Reply0 replies Retweet1 retweet1 Favorite0 favorites More Insideman3 @Insiderman3 · 1h 1 hour ago @tedermeatballs @AyeMcClane As I put in one of my tweets there has been no such denial. View conversation Reply0 replies Retweet1 retweet1 Favorite0 favorites More Insideman3 @Insiderman3 · 4h 4 hours ago Mr wallace has been very busy with setting this opportunity up and the directors aka ashley never smelt this coming egm wont be a success. Reply0 replies Retweet1 retweet1 Favorite0 favorites More Insideman3 @Insiderman3 · 4h 4 hours ago Laxey/B.P.H=Ticketus will back this move by Mr King and co as they see it the best way for club to prosper and recoup their money. Reply0 replies Retweet1 retweet1 Favorite0 favorites More Insideman3 @Insiderman3 · 4h 4 hours ago Would also like to clarify that Mr king or any of his sources have NOT spoken to any broadcaster or denied what's In motion. Reply0 replies Retweet1 retweet1 Favorite0 favorites More Insideman3 @Insiderman3 · 4h 4 hours ago @tedermeatballs Would appreciate if you could rt my last tweets to get this out and will keep in contact when I get more. Reply0 replies Retweet0 retweets Favorite0 favorites More Insideman3 @Insiderman3 · 4h 4 hours ago Also the three men mentioned today are not the only one's there is a someone very powerful wanting to make amend's. Reply0 replies Retweet1 retweet1 Favorite0 favorites More Insideman3 @Insiderman3 · 4h 4 hours ago @tedermeatballs Hi Keith me again just to let the folk know that Mr King has Laxey/B.P.H backing as the see the club prosper more under king Reply0 replies Retweet1 retweet1 Favorite0 favorites More
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Probably just the noose being tightened.
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Indeed, hard to fathom how there are still people thick enough to believe that particular chestnut.
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I'd be shocked if they've called this without already having 50% + 1 vote in the bag.
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Record suggests King consortium want to buy club
forlanssister replied to ian1964's topic in Rangers Chat
Where's Rab to pish all over this..?..- 99 replies
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Is it known if there will be a link to the meeting yet?
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That's the thing though, I have no interest in owning in holding any community shares but would happily invest a five figure sum in Rangers shares under the right circumstances.
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One of the problems on the road to fan ownership is finding a suitable vehicle, those that exist at present have fatal flaws the RST Buy Rangers having the inconvenience of those investing via it not directly owning shares in Rangers but another company. Rangers First being flawed that no matter how much you invest in it you have no title to the shares you purchased and whether you invested £100 or £100k you have the same say. For both the RST and RF to succeed in any meaningful way they will have to attract HNWI and frankly I cannot see such individuals making meaningful investment in either as they currently stand.
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
The only PR he is interested in is seeing Sports Direct plastered everywhere, he gets that and it costs Newcastle circa £30m in commercial revenue. http://www.themag.co.uk/tyne-talk/ggg/- 212 replies
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I'm sure that by the third rendition of What's So Funny 'Bout Peace Love And Understanding everything will be tickiteyboo !
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It appears that's what happened.
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Could even be, the laxity employed by Rangers when it comes to official announcements is beyond parody. Here's a screenshot of the form involved.
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I'd plump for 16/01/14, the Appointment of Director notice was filed on 03/02/14.
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I'm of the opinion the date given is a cock up on the AP01 form filed to Companies House rather than part of a conspiracy.
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Hence the efforts from Greenco to maintain their vice like grip.
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I find it strange the Board haven't taken legal action against former Directors who have so blatantly failed in their fiduciary duties to the Company and its shareholders.
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
They're your definitions not mine!- 212 replies
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Confirmed: Mike Ashley has doubled his stake in Rangers.
forlanssister replied to SteveC's topic in Rangers Chat
To ensure it continues and perhaps to gain others.- 212 replies
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The composition of the board is irrelevant, we could have 10 Directors to their 1 but their one would always prevail on matters financial.
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IIRC initially for 7 years, but if Ashley is doing a favour to Greenco by obtaining shares then expect that favour to be returned many times over.
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Rangers own 51% and Sports Direct 49% of the joint venture however in all matters financial Sports Directs shares have 2 votes ergo Sports Direct have 98 votes on all matters financial and Rangers have 51.
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But if Sports Direct decide they'd like to use that money to cover the walls of the stores in gold leaf rather than pay a dividend then they can, dividends are entirely in the gift of Sports Direct, we have no automatic right to receive as much as a single penny.