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Brian Kennedy new Statement


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so what was all that stuff from green about it being a loan so that it didn't dilute the existing shareholders value about.

 

I've also checked Kennedy's offer and se no mention of a loan nevermind interest.

 

http://www.rangers.co.uk/staticFiles/c9/b3/0,,5~177097,00.pdf

 

Offer of Loan to Company

 

4.17 Following the extensive marketing of the Company and the extensive sale process, an offer was made by Sevco 5088 Limited (Sevco) to make a loan on certain terms (explained below) in conjunction with the purchase by Sevco of the Group Shares.

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