Bearman 9 Posted December 12, 2015 Share Posted December 12, 2015 It's out there so thought it appropriate to post it in Gersnet It's an SNP publication so might not sit easy with some....http://www.thenational.scot/sport/football-claim-that-rangers-have-repaid-5m-mike-ashley-loan-in-full-incorrect-court-is-told.11124? THE bitter legal dispute between Sports Direct tycoon Mike Ashley and Rangers chairman Dave King took another twist when it was claimed in court that the Ibrox club have not after all repaid the £5 million loan it owes to the Newcastle United owner. On Thursday, King’s legal team told a High Court hearing in London the loan had been repaid in full. However, David Quest QC, acting for Ashley, told Mr Justice Peter Smith yesterday: “That is not correct. The £5m has not been repaid.” Quest said an email had revealed the club were still trying to raise “another £500,000” to return to Ashley. The hearing is over alleged contempt of court by King for breaching a court-backed order banning him from publicly discussing Sports Direct’s business with the Ibrox club. Ashley had earlier failed to have King jailed for the alleged contempt, the judge rejecting the application. But the judge has still to rule on whether King is in contempt of court for breaching confidentiality undertakings. The case will resume in January. Ashley and his company applied for King to be jailed on the grounds he gave a Sky Sports interview revealing the existence of a meeting and discussions related to contracts between Sports Direct and Rangers. Yesterday the judge read out parts of a Sky report of the previous hearing in an attack on the press. “‘King faced up to 30 days in prison’, that was corrected by me during the course of yesterday,” he said. “‘A judge in the High Court ruled he was not in breach of the order’, I corrected that. “The obliging reporter is none other than Jim White. Like all journalists, he just cut and pasted what another journalist said.” Justice Smith, who will give his full reasons for not jailing King next month, also bizarrely told the court: “I am not and have never been a Freemason. Link to post Share on other sites More sharing options...
Bearman 9 Posted December 12, 2015 Author Share Posted December 12, 2015 The 'National' can stick their paper right up! Link to post Share on other sites More sharing options...
pete 2,499 Posted December 12, 2015 Share Posted December 12, 2015 Sorry I don't think we need another thread on this at this moment. everything has really been covered in the other threads. Link to post Share on other sites More sharing options...
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