Ahmed makes third bid to have assets frozen

[Little General 80]

http://www.bbc.co.uk/news/uk-scotland-29050877

 

Former Rangers commercial director Imran Ahmad has returned to court for a third time in a bid to have £620,000 of club assets frozen.

 

Lawyers acting for Mr Ahmad claim he is owed a £500,000 bonus for the time he spent working at the Ibrox club.

 

The Court of Session in Edinburgh heard Mr Ahmad is worried about the potential prospect of Rangers becoming insolvent.

 

Lord Stewart continued the case to Friday when lawyers for Rangers will address the court.

 

Mr Ahmad, who has twice lost court bids to have Rangers' assets ring-fenced, claims he is owed £500,000 for negotiating deals and wants another £120,000 to cover legal expenses.

 

Advocate Kenny McBrearty QC told Lord Stewart that Mr Ahmad is concerned about the current state of the club's finances and fears Rangers would not be in a position to pay up if the court eventually rules in his favour.

 

He told the court Rangers have sold 23,000 season tickets this season, down 15,000 on last season.

 

Mr McBrearty said the Rangers board's latest plans for a share issue may only raise £3.6m and cover part of the club's obligations.

 

He added: "There is a significant hole in the club's finances for the forthcoming season."

[the gunslinger 3,366]

given our recent admissions he might get lucky this time.

[Little General 80]

given our recent admissions he might get lucky this time.

 

I fear you may be right GS,

[Super Cooper 0]

A real scumbag of a man.

[aweebluesoandso 290]

Give him Wallace's bonus as a deposit.

[Zappa 0]

There probably isn't even as much as £620k in the bank!

[Rangersitis 0]

When thieves fall out, true men come to their own.

[pmu 0]

Might be the tipping point some folks are trying to achieve with boycotts etc etc.

[the gunslinger 3,366]

There probably isn't even as much as £620k in the bank!

 

nothing like it is my guess.

[the gunslinger 3,366]

When thieves fall out, true men come to their own.

 

who is falling out with him. chuck is his star witness.