Amoruso urges Rangers supporters to put their trust in Dave King to oust Ibrox board

[the gunslinger 3,366]

Whether you're a fan of RM or not what makes this source more reliable than that one?

 

because bearger is pointing out a fact?

[the gunslinger 3,366]

Can you confirm that the entire £1.5m has been drawn down?

 

doesn't matter the security will be released the minute even the only or final quid is paid or if it was never used.

[the gunslinger 3,366]

That's true because I didn't read anywhere in the T&C's of Ibrox 1972 Ltd when the security would be discharged.

 

after the last game is played

[BrahimHemdani 1]

Well presumably the security would be for the whole season until all home games have been played, but imagine having this fuss every renewal time?

 

"Presumably" indeed, but unless I have missed it somewhere, it is not so stated, so it could and indeed appears to be open-ended:

 

5.1 If you request Season Ticket(s) through the site, both: (i) your obligation to pay for the Season Ticket(s); and (ii) our obligation to purchase the Season Ticket(s) on your behalf; are conditional on us (or another person acceptable to us) being granted security over Ibrox Stadium (150 Edmiston Drive, Glasgow G51 2XD) in a form acceptable to us (the “Condition”) on or before 4.00 p.m. on 8 August 2014 (the “Longstop Date”). - See more at: https://www.ibrox1972.co.uk/regulatory/terms-and-conditions/#sthash.P5CBuim3.dpuf

 

I would imagine that the ommission of any such "discharge clause" is quite deliberate.

 

So absent any statement to the contrary, it would seem that the intention is indeed to repeat the exercise season after season; which just makes it even more ridiculous.

[the gunslinger 3,366]

"Presumably" indeed, but unless I have missed it somewhere, it is not so stated, so it could and indeed appears to be open-ended:

 

5.1 If you request Season Ticket(s) through the site, both: (i) your obligation to pay for the Season Ticket(s); and (ii) our obligation to purchase the Season Ticket(s) on your behalf; are conditional on us (or another person acceptable to us) being granted security over Ibrox Stadium (150 Edmiston Drive, Glasgow G51 2XD) in a form acceptable to us (the “Condition”) on or before 4.00 p.m. on 8 August 2014 (the “Longstop Date”). - See more at: https://www.ibrox1972.co.uk/regulatory/terms-and-conditions/#sthash.P5CBuim3.dpuf

 

I would imagine that the ommission of any such "discharge clause" is quite deliberate.

 

So absent any statement to the contrary, it would seem that the intention is indeed to repeat the exercise season after season; which just makes it even more ridiculous.

 

king confirmed it quite a while back.

[BrahimHemdani 1]

doesn't matter the security will be released the minute even the only or final quid is paid or if it was never used.

 

It matters precisely because of the point you make, if only £1 has been drawn down then that's all that needs to be repaid from the ST money.

[BrahimHemdani 1]

after the last game is played

 

Can you point me to the relevant clause in the T&C's?

[the gunslinger 3,366]

It matters precisely because of the point you make, if only £1 has been drawn down then that's all that needs to be repaid from the ST money.

 

yup so we can deduce either more than a quid was drawn down or less than a quid has been taken in from sales.

[the gunslinger 3,366]

Can you point me to the relevant clause in the T&C's?

 

not sure if its in there at all. i imagine it will be in the "condition"

[BrahimHemdani 1]

king confirmed it quite a while back.

 

Thanks, I assume you mean verbally or was so quoted somewhere in the media?

 

Anyway, I assumed that was the case becuase there is no "discharge clause" nor do the T&C's specify this or any season or seasons.

 

All the more reason why the Board will never grant such a request.