Frankie 8,562 Posted November 18, 2014 Share Posted November 18, 2014 (edited) After 3pm apparently for those on Sky Go or in the house! He's going to be explaining the Ashley loans... Comments: - David Somers claims Dave King consortium investment offer was breaching regulatory requirements so rejected them at 'Stage One'. - Somers claims 8 people were in King consortium but SA businessman refused to provide names and proof of funds. - Somers said that King was prepared to offer up 3 names before giving the rest if agreement made in principle. - Stage Two represented comparing Ashley and Kennedy bids whereby former was approved due to better deal on interest and security - Somers also claims Rangers make a lot of money from existing retail deal with Mike Ashley. Edited November 18, 2014 by Frankie 0 Quote Link to post Share on other sites More sharing options...
pmu 0 Posted November 18, 2014 Share Posted November 18, 2014 does he have an unfortunate eye blinking trigger of is he lying like a madman!!! 0 Quote Link to post Share on other sites More sharing options...
pmu 0 Posted November 18, 2014 Share Posted November 18, 2014 would be nice if he was as concerned about naming all the previous investors BPH springs to mind.... apparently King is responding later. cant help but think he has to lay everything on the table in terms of the deal he proposed. if he isn't straight up then it leaves doubts as to whether he actually proposed a deal that could be accepted.. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted November 18, 2014 Share Posted November 18, 2014 I wonder what security Kennedy wanted? Did Kennedy really want interest back on his loan? Why couldn't King provide proof of funds? Why did King refuse to name 5 members of his consortium? I thought we earned nothing from merchandising? Somers claims we do, a lot according to him. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted November 18, 2014 Share Posted November 18, 2014 I wonder what security Kennedy wanted? Did Kennedy really want interest back on his loan? Why couldn't King provide proof of funds? Why did King refuse to name 5 members of his consortium? I thought we earned nothing from merchandising? Somers claims we do, a lot according to him. That'll be the same Somers who told the AGM that he couldn't remember who appointed him. The same Somers who stated we should be grateful for Brian Stockbridge. The same Somers who claimed the fans protested against apartheid. 0 Quote Link to post Share on other sites More sharing options...
MoodyBlue 0 Posted November 18, 2014 Share Posted November 18, 2014 We've had a number of different Chairmen over the years - but this guy is a complete joke. Embarassing that this fool is Chairman of our great club 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,742 Posted November 18, 2014 Share Posted November 18, 2014 I take it that this "lot of money" will be seen in the AGM / interim report ... aye right. 0 Quote Link to post Share on other sites More sharing options...
Little General 80 Posted November 18, 2014 Share Posted November 18, 2014 I wonder what security Kennedy wanted? Did Kennedy really want interest back on his loan? Why couldn't King provide proof of funds? Why did King refuse to name 5 members of his consortium? I thought we earned nothing from merchandising? Somers claims we do, a lot according to him. Why do we need a loan from Ashley then? Somers talks nonsense imo. 0 Quote Link to post Share on other sites More sharing options...
Anchorman 0 Posted November 18, 2014 Share Posted November 18, 2014 It's like the same broken record we used to hear from D&P why certain bids were accepted\rejected and that proved to be utter garbage. 0 Quote Link to post Share on other sites More sharing options...
MoodyBlue 0 Posted November 18, 2014 Share Posted November 18, 2014 As a listed company, how the hell are this lot allowed to get away with these lies ?? This guy is obvioulsy put forward as the puppet to spout nonsense on behalf of his employers. Do AIM and the regulators not monitor the pish and activities that comes from these chancers ?? 0 Quote Link to post Share on other sites More sharing options...
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