craig 5,199 Posted June 11, 2015 Share Posted June 11, 2015 Do you not think the usual mob will vote that down? They would need 25% of the vote to do so. I don't think they carry that much voting strength these days. 0 Quote Link to post Share on other sites More sharing options...
trublusince1982 243 Posted June 11, 2015 Share Posted June 11, 2015 They would need 25% of the vote to do so. I don't think they carry that much voting strength these days. On this issue I think they might. Think the institutional investors might say one share issue ina year is enough 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted June 11, 2015 Share Posted June 11, 2015 On this issue I think they might. Think the institutional investors might say one share issue ina year is enough Disagree. Even the institutional investors know that the club needs an injection of money, otherwise it is admin again. They wont be turkeys voting for Christmas. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted June 11, 2015 Share Posted June 11, 2015 Has it never occurred to you that we may not be paying it back because a 5 million, interest free, open ended repayment date loan is cheaper than having that 26% of the retail operation back in our hands ? At a conservative 6%, a 5 million loan would see you paying 300k a year in interest. What is our income from the retail deal again ??? Perhaps you could explain why the same deal was described as having "double-digit" interest rates when it was first announced. King stated that there had been enough games played over the last few years but that his arrival would see all that end, so why are we now being subjected to yet another pissing contest with the support being further torn apart and next to nothing happening to bring about the promised rebuild? 0 Quote Link to post Share on other sites More sharing options...
trublusince1982 243 Posted June 11, 2015 Share Posted June 11, 2015 Disagree. Even the institutional investors know that the club needs an injection of money, otherwise it is admin again. They wont be turkeys voting for Christmas. Not always when it's a consequence of choice. King has decided to run us at a loss. There is other ways to fix the short fall than a share issue. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 11, 2015 Share Posted June 11, 2015 We are talking about £15_20m. I don't see them having the kind of cash needed.Kings giving 50% of what the other investors pony up. So who's putting up the first £10m After the loans are deducted from the share issue we wI'll be lucky to have £5m worth of shares left. Do we not need shareholder permission to put up another tranche? Some of the rest of kingco are far far richer than king 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 11, 2015 Share Posted June 11, 2015 Not always when it's a consequence of choice. King has decided to run us at a loss. There is other ways to fix the short fall than a share issue. Do you think those ways will increase or decrease share price. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted June 11, 2015 Share Posted June 11, 2015 Some of the rest of kingco are far far richer than king Why are they not injecting cash in order to fix the stadium; get a proper scouting set-up off the ground; or to provide a £5m interest free loan without any add-ons which affect other revenue streams? All we have had so far are a couple of Provi loans to keep the lights on. Should questions not be asked about whether that constitutes "hitting the ground running"? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 11, 2015 Share Posted June 11, 2015 Why are they not injecting cash in order to fix the stadium; get a proper scouting set-up off the ground; or to provide a £5m interest free loan without any add-ons which affect other revenue streams? All we have had so far are a couple of Provi loans to keep the lights on. Should questions not be asked about whether that constitutes "hitting the ground running"? I am sure they will at the share issue. 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted June 11, 2015 Share Posted June 11, 2015 Not always when it's a consequence of choice. King has decided to run us at a loss. There is other ways to fix the short fall than a share issue. How has he "decided" to run us at a loss ? He's just in the door and you are blaming him for the ridiculous selling of the crown jewels for pennies, the onerous contracts etc ? We may be running at a loss, but you can hardly legitimately suggest that King "decided" to do that. What are the other ways to fix the short fall ? 0 Quote Link to post Share on other sites More sharing options...
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