04 Jun 2015 17:26:31
The fact that we won't pay the money back ta Ashley is worring me, which makes me think we don't av the money ta get the manager and players we want, they the board need ta come oot very soon and let us nae what they need fae us so we can get this show on the road.

1.) 04 Jun 2015
04 Jun 2015 17:32:22
Or the board see it as a bargaining tool in order to broker a better deal. It could be any number of reasons.

2.) 04 Jun 2015
04 Jun 2015 17:54:43
If they push him too hard he might just screw them for the assets

3.) 04 Jun 2015
04 Jun 2015 18:05:30
I defo think that is the case Keyser. Don't really know what Ashley hopes to gain from the meeting if the terms and conditions of paying back the loan permit the club to hold onto the money for the time being. Unless he is trying to stir things up with the club's shareholders re the stock market listing and the failure to nominate a NOMAD and try and swing the majority in his favour.

4.) 04 Jun 2015
04 Jun 2015 20:29:11
Keyser when your company sells £6m worth of products every day of the year a £5m debt is not a bargaining tool.

5.) 04 Jun 2015
04 Jun 2015 20:45:53
In what sense is withholding £5m a bargaining chip? To push Ashley into renegotiating the contracts? If he doesn't renegotiate he just keeps taking 75% of retail profits at our expense. Why would he give that all up forva measly £5m? Get real. It's not some clever brinkmanship the board are playing, they just have limited funds available.

6.) 04 Jun 2015
04 Jun 2015 21:16:23
I agree Pauline, again we have a situation of DK backtracking as it would appear that he may be having second thoughts or, even he did not realise how much of a pickle we are in. My bet is that he is awaiting the outcome of the egm and the income from season tickets.
If he does not make some moves soon we will go into another season half-cocked.

7.) 04 Jun 2015
04 Jun 2015 22:17:41
A Billionaire with the best legal teams money can buy & DK thinks Na were no paying it back. pmsl not paying was the old way that led to LIQUIDATION!!. He's the MAIN Creditor who can pull the plug anytime but the Devil in the Retail & the Rangers Trademark will net him millions as he holds the onerous contract that is bomproof.The 12th of June is when DK must show TRANSPARENCY or will he as his silence is deafening on urgent issues

8.) 04 Jun 2015
04 Jun 2015 22:41:00
As I understand it. You get a loan from the bank say £5000 over 5 years and the interest is £500. You have an agreement in place with the bank for this. Then the bank decide they want there money back quicker but will not reduce the interest rate.Remember you have a legal bit of paper that you and the bank signed. I would not pay it back quickly either.

9.) 05 Jun 2015
04 Jun 2015 22:50:18
Remember

75% of nothing is nothing

A lot of 1/2 empty glass folk on here!