RIFC - Business matters.

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I'm a bit confused here, without Ashley loanin you guys £10 Million you would proball have gone under again, bu now ou want to get rid of he man who has at least kept Newcastle solvent, ad if they stay up will be in recipt of massive TV revenues, an replace him wih a convicted fraudster?

Wha happens is Ashley decides to ask fo his money back ad recalls the loan players ?
 
fevriul said:
I'm a bit confused here, without Ashley loanin you guys £10 Million you would proball have gone under again, bu now ou want to get rid of he man who has at least kept Newcastle solvent, ad if they stay up will be in recipt of massive TV revenues, an replace him wih a convicted fraudster?

Wha happens is Ashley decides to ask fo his money back ad recalls the loan players ?
Click to expand...

The loan players are not really an issue, the £5m on the other hand...

I'm sure Dave King can find that money down the back of his couch.
 
fevriul said:
I'm a bit confused here, without Ashley loanin you guys £10 Million you would proball have gone under again, bu now ou want to get rid of he man who has at least kept Newcastle solvent, ad if they stay up will be in recipt of massive TV revenues, an replace him wih a convicted fraudster?

Wha happens is Ashley decides to ask fo his money back ad recalls the loan players ?
Click to expand...

It's a complete myth that we'd have gone under without the Ashley loans There were other funding packages available including one from the T3B consortium. All that happened was that Ashley's stooges on the board blocked these offers so that Ashley could get his loans in in exchange for contracts beneficial to fat Mike.

Mike does what's best for Mike Ashley and Sports Direct. Dave King is a guy who has invested and lost £20million in Rangers in the past. This is actually putting money into the club as opposed to just lending money to increase your grip on that clubs assets and revenue streams - which is what Mike does. In short, King doesn't expect to make any money out of Rangers. He's a fan who will put money in, compared to Mike who has a stranglehold on our revenue streams and was trying to get his hands on our assets. As I've said before, Ashley's a vampire sucking the lifeblood from the club.

As regards the loan players: 3 have been permanently injured and haven't played at all; 1 managed half an hour before going off injured and hasn't played since; 1 has played in all the games but doesn't appear to be any better than what we already have. They're of no use to man nor beast.
 
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fevriul said:
I'm a bit confused here, without Ashley loanin you guys £10 Million you would proball have gone under again, bu now ou want to get rid of he man who has at least kept Newcastle solvent, ad if they stay up will be in recipt of massive TV revenues, an replace him wih a convicted fraudster?

Wha happens is Ashley decides to ask fo his money back ad recalls the loan players ?
Click to expand...

Yes, you are very very very confused.
 
fevriul said:
I'm a bit confused here, without Ashley loanin you guys £10 Million you would proball have gone under again, bu now ou want to get rid of he man who has at least kept Newcastle solvent, ad if they stay up will be in recipt of massive TV revenues, an replace him wih a convicted fraudster?

Wha happens is Ashley decides to ask fo his money back ad recalls the loan players ?
Click to expand...

The lying King will just square all the debts from his kids inheritance <rofl>
 
23 March 2015



Rangers International Football Club plc

("Rangers", or the "Company")


Loan Agreement



The Company is pleased to announce that it has entered into loan agreements with Douglas Park, George Letham and George Taylor for facilities totalling £1.5m. The proceeds of the loans are available generally for the purposes of the Company and will be used for working capital. The loans are being made available until 31 December 2015 which will provide the Company with time to deliver a longer term funding solution. No interest or fees are to be charged in respect of the facilities and the loans are being provided on an unsecured basis.
Click to expand...

<laugh> FFS, the £5M they got from Ashley didn't last 2 months how the f*ck is £1.5M going to last them until December 2015. <laugh>
 
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