Ahmed makes third bid to have assets frozen

[Whosthedado 1,703]

Raith away week today mate. We crawl from one disaster to another.

 

I can sympathise with that thread that says you dread coming on here,,,, you just think what next FFS

[craig 5,199]

"Great deal of sympathy with Rangers fans says Lord Stewart. "This does not mean club will be involvement."

 

Should that be insolvent ?

[Little General 80]

Should that be insolvent ?

 

I thought so. there were quite a few typos from the journalist using twitter.

[Zappa 0]

Should that be insolvent ?

 

Aye, the journo from the BBC who was tweeting from the Courtroom was making typos and spelling mistakes all afternoon. He couldn't even spell Ahmad's name right.

[Rangersitis 0]

Aye, the journo from the BBC who was tweeting from the Courtroom was making typos and spelling mistakes all afternoon. He couldn't even spell Ahmad's name right.

 

Do we think that Laxey Brothers was down to him? On that subject, what are the details of this loan facility?

[Ser Barristan Selmy 222]

Aye, the journo from the BBC who was tweeting from the Courtroom was making typos and spelling mistakes all afternoon. He couldn't even spell Ahmad's name right.

Is it Brian McLauchlin?

 

Have I been paying very little attention to the BBC for a while or has he just became their main reporter from nowhere?

[craig 5,199]

The question that hasn't really been answered though is how do we see through the next 1, 2, 3 months.

 

With 1.2 million in the bank, no ST monies forthcoming, poor match day ticket sales, poor hospitality.... that 1.2 million even without an asset freeze would be gone in less than a month - so how would we see out any length of time. Even if we DO get 4 million from a share subscription 1.5 of that would pay the loan, leaving just 2.5 million - our expenses are over 1 million a month so we would be looking at two months tops - and that is AFTER a share issue..... so how would they see out the remainder of the season ?

 

We are still looking at the short term as opposed to the long term. Though, I guess, with the mess that we are, looking anything beyond a week could be pointless with us.

 

What an absolute farce this club has become. And whilst SDM started the downward spiral.... it cannot be forgotten that Green and Co received (sorry purchased, but not with Chuck's money) a debt-free company. They had the opportunity to start afresh (remember, players didn't need to TUPE) with a vastly reduced cost-base, a long-term attitude to moving through the divisions, utilizing youth to fill in the gaps where experienced (read costly) pros weren't needed and, dare I say it, living within our means.... but no, Chuck and his cohorts decided to take the "lets line our own pockets with as much as we can stash in them in as short a timeframe as possible" approach - and left the fans in tears yet again. Appallingly, some still believe in Charles Green and his sidekicks. How that can be is simply beyond me. Worse, there are still plenty among us who not only believe in Chuck but also would lay the blame squarely at the feet of the fans that decided not to entrust this regime with their cash.

 

Omnishambles doesn't even begin to describe our Club. If it wasn't for the fact that Rangers is part of my very being, blood running blue, I would "walk away"...... heart-breaking where we are. I have said it before, we could get a group from this forum to run the Club far better than has been done since White walked into the Club for a quid.

[Rangersitis 0]

Is it Brian McLauchlin?

 

Have I been paying very little attention to the BBC for a while or has he just became their main reporter from nowhere?

 

He's a salt and sauce man, so ideal for the venue.

[Zappa 0]

"Unbudgeted Liabilty"comment in affidavit by Graham Wallace the subject of an adjournment. QC Alan Summers seeking clarity"

"Back in court now. Hopefully decision today"

 

You have to wonder what this "Unbudgeted Liabilty" was in relation to and whether it tipped the scales in Ahmad's favour, although as Craig rightly said, it was looking good for Ahmad even just with the wording used in the 'Open Offer' announcement to the Stock exchange.

[Zappa 0]

Do we think that Laxey Brothers was down to him? On that subject, what are the details of this loan facility?

 

Yeah, I'd say that was a typo from him.

 

Re the loan facility, it'll probably be a simple case of the original Laxey facility which was transferred to George Letham being left on the table by Laxey should it be needed, although you do have to wonder how comfortable they'll be about leaving it on the table now.