RANGERRAB 3,731 Posted November 17, 2014 Share Posted November 17, 2014 Appendix 1 - though some of these will have been paid and may remain on list. Ticketus money still caught up in court action also between Whyte and Octopus. how were directors owed £20m? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,651 Posted November 17, 2014 Author Share Posted November 17, 2014 Looking at Appendix 1 again, who is/are the Director(s) due £20m? 0 Quote Link to post Share on other sites More sharing options...
True_Ger_1872 2 Posted November 17, 2014 Share Posted November 17, 2014 Looking at Appendix 1 again, who is/are the Director(s) due £20m? Perhaps Mr.King?? 0 Quote Link to post Share on other sites More sharing options...
PRW 0 Posted November 17, 2014 Share Posted November 17, 2014 Looking at Appendix 1 again, who is/are the Director(s) due £20m? Dave King? 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,651 Posted November 17, 2014 Author Share Posted November 17, 2014 Nope, one or two folk saying it isn't King despite the coincidental figure. Although stv claimed King did make a creditors claim in 2012: http://news.stv.tv/west-central/105215-rangers-director-dave-king-lodges-20m-creditors-claim-against-club/ 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,731 Posted November 17, 2014 Share Posted November 17, 2014 Looking at Appendix 1 again, who is/are the Director(s) due £20m? the directors figure is above the ticketus whom it's said were due £27m. I thought whyte paid back some of that £27m to ticketus ? how can shareholder be owed £10m. If a company goes out of business don't they lose out regardless ? 0 Quote Link to post Share on other sites More sharing options...
PRW 0 Posted November 17, 2014 Share Posted November 17, 2014 Would it maybe relate to the floating charge then and lead to Whyte 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 17, 2014 Share Posted November 17, 2014 Looking at Appendix 1 again, who is/are the Director(s) due £20m? Dave king will be a creditor. Makes a nonsense of the claimhe has been repaid if so. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,651 Posted November 17, 2014 Author Share Posted November 17, 2014 the directors figure is above the ticketus whom it's said were due £27m.I thought whyte paid back some of that £27m to ticketus ? how can shareholder be owed £10m. If a company goes out of business don't they lose out regardless ? Ticketus were awarded damages of £17.7m but Whyte appealed that decision. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,651 Posted November 17, 2014 Author Share Posted November 17, 2014 Dave king will be a creditor. Makes a nonsense of the claimhe has been repaid if so. Although STV followed that earlier story up saying King's claim was rejected by D&P http://news.stv.tv/west-central/200240-ex-rangers-director-dave-king-has-scottish-restraint-order-revoked/ Obviously he may have re-submitted to BDO. However, King's money was an investment, not a loan so not sure how it can be paid back. 0 Quote Link to post Share on other sites More sharing options...
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