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Everything posted by RANGERRAB
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I don't think we are heading for administration. Read my post 75. I think DK has backed the board into a corner here. They need funds. If not from DK then who?
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Admin ? hasn't DK effectively closed that door for the board. To go into admin don't you need to go to court and apply proving you are unable to continue to fund the business. Administrators then get appointed who then terminate contracts, reach agreements with creditors etc, etc as we saw 2 years ago. How could Rangers do that now if there's a £16M offer available ? Is it just me or has DK played a rather smart move here. He knew all along he's never get Rangers via a new share issue as he'd need 75% shareholder approval(which he'd never get) and he said he isnt going to buy out existing shareholders. The board now need to raise funds and going by Wallace & Nash's efforts and that of SE too(seen with Rizvi) I'd guess not going too well. If Rangers do go to the brink again I suspect there may be a phonecall to SA
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Or acquire shares from existing shareholders but DK has said in the past he is not prepared to do that
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Just a mere 40 odd times. Can happen to anyone
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and DK has never been convicted of anything?
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The next move in all of this will be most interesting indeed bearing in mind the dire financial situation. Will the board be forced to eat humble pie & go back to King & co or do they have alternatives in the pipeline? who knows
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I wouldn't entirely say the King & co offer is dead in the water just yet. Money needs to be sourced from somewhere. If not this offer where? Loans would be suicidal IMO
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Newcastle United have become collateral damage in the battle for Rangers
RANGERRAB replied to ian1964's topic in Rangers Chat
the board cannot accept DK's offer as you say. It needs shareholder approval at an AGM/EGM- 141 replies
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Ally's big problem is that he never anticipated getting HERTZ 'n' HIBZ in this league thus making it that much harder to get the three successive promotions back to the top division using older experienced pros mostly. Having already lost to both of them at home it's not difficult to see we're in a very difficult situation indeed now. Unless funding is sourced from somewhere to get 3 or 4 better quality players in january promotion this season will be no certainty . And of course regardless of who owns Rangers in january would they be prepared to let Ally spend money? I wouldnt.
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Let's do the simple thing here and sign a decent RB in january(money permitting)
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How's that? I thought it was a years rolling contract and if he got a years notice he left in a years time. Alternatively if he left immediately he got paid one years salary ? Is that not the case?
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Going back to the OP we certainly will need to add to our squad in January if we are to get promoted at the end of the season either as Champions or via the play offs.Where the money to bring in new players from is anyone's guess but after having lost to both Hertz 'n' Hibz at home this season already the signs are there hat this current group of players are no guarantee of promotion. Also would we trust Ally to bring in new players? In the summer he brought in two CB's and started playing one at RB and the other on the subs bench to accommodate the shaky CB pairing of Moshni and Jig.Its that sort of decision making that will surely make whoever is in charge at Rangers in January uneasy about letting Ally loose to recruit more players.
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Good music would be wasted on this vile Rangers hater
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He's going nowhere unless told to do so. And getting rid off him won't be cheap either
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Newcastle United have become collateral damage in the battle for Rangers
RANGERRAB replied to ian1964's topic in Rangers Chat
someone who believes they are always correct and cannot see another person's opinion. how sad you are- 141 replies
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and a better manager too
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Would anyone seriously give Ally money to go out and buy players? Goodness knows who he'd get. There are three or four positions where we are seriously short but would he sign players for these positions or do as he usually does and bring in whoever is available and play them out of position
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Roberts was signed b4 January unless I'm mistaken
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FWIW I'm not against DK & co. I just want to know more about who is involved and what their plans are. You won't get their lapdogs and poodles asking these sort of questions though.
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It's not the SA authorities he has to worry about though is it?
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As I said earlier, there's still too much unknown about King & co to make proper judgements about them
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Letham and park?
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Is the bit about DK being possibly be barred from being a Rangers director by AIM true or not presumably following his SA tax issues ? Or the SFA too?
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You know that for sure? How much are they each putting in?
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Do you know that for sure? Not much is known about King & co is there? Where's the funding coming from? All we've had is this £16m figure, half of which is from DK. Where's the rest from? Surely not loans