wavydavy Posted April 3, 2015 Share Posted April 3, 2015 King is a Glib and Shameless Liar we all know that but these lies have cost people and companies to loose money could be comebacks for king on the Horizon. He is basically Charles Green mark two! Link to comment Share on other sites More sharing options...
Ron Swanson Posted April 3, 2015 Share Posted April 3, 2015 He is basically Charles Green mark two!Aye but King is a ranjurs man and has the clubs best interests at heart...by which he means his back pocket Link to comment Share on other sites More sharing options...
Andrew Gilbert Wauchope Posted April 3, 2015 Share Posted April 3, 2015 http://www.bbc.co.uk/sport/0/football/32175560 No sniggering at the back there..... Link to comment Share on other sites More sharing options...
Don Dan Posted April 3, 2015 Share Posted April 3, 2015 (edited) http://www.bbc.co.uk/sport/0/football/32175560 No sniggering at the back there..... They just can't help themselves, the clubs a shambles it's paying the wages of 3 managers, 2 suspended employees are a laughing stock after getting dumped out of the stock exchange and here we have delusions of grandure with talks of Europe. I'm not sure they even are allowed to play in Europe yet due to accounts. This made me laugh. "McCall says he received assurances from a club director about the future of the club that have won two successive promotions since their last financial meltdown. "I had a quick chat with John Gilligan this morning and an email went round the club saying don't panic," said the team boss. "Apparently, they are not concerned in any way. The plans for funding the football club will remain the same" Edited April 3, 2015 by Dannie Boy Link to comment Share on other sites More sharing options...
disgruntledfan Posted April 3, 2015 Share Posted April 3, 2015 http://www.bbc.co.uk/sport/0/football/32175560 No sniggering at the back there..... Im trying not to laugh but I feel I may self-combust if I dont, a bloody omnishambles of a club that will seemingly, get promoted and will gain European qualification. Even though they have no idea if they have money to bring any new players in as half their team is leaving in the summer. McCall should take a leaf out of Robbies book and leave that talk to the fans. Link to comment Share on other sites More sharing options...
davieholt Posted April 3, 2015 Share Posted April 3, 2015 Can I snigger yet? Link to comment Share on other sites More sharing options...
The Gasman Posted April 3, 2015 Share Posted April 3, 2015 how much is a share worth now in Sevco ? That's now a massive problem.... With no Stockmarket listing, it becomes almost impossible to know a share's true value.... Seller's just have to guestimate what to ask for their shares, and buyers just have to guestimate what they should be offering.... Not a happy situation for either party. Link to comment Share on other sites More sharing options...
Dunks Posted April 3, 2015 Share Posted April 3, 2015 New signings on the way though http://www.bbc.co.uk/sport/0/football/32176367 Link to comment Share on other sites More sharing options...
7628mm Posted April 3, 2015 Share Posted April 3, 2015 New signings on the way though http://www.bbc.co.uk/sport/0/football/32176367 Can I snigger yet? Not long now Link to comment Share on other sites More sharing options...
Doc Rob Posted April 3, 2015 Share Posted April 3, 2015 There is an amazingly stark difference between what the media says about SevCo, and what actually happens when a dose of reality is applied. When they were in admin, the media talked up their CVA bid, despite their main creditors being HMRC, who don't negotiate. Result - no CVA, club liquidated. The media assumed they would be allowed straight into the SPL or the First Division at worst. Result - refused entry to either, had to start in Div 3 (which the clubs couldn't block). With the whole Nomad issue, the media didn't seem too concerned and presumably thought it would all be sorted out. Result - no Nomad found, SevCo delisted from AIM. Link to comment Share on other sites More sharing options...
disgruntledfan Posted April 3, 2015 Share Posted April 3, 2015 New signings on the way though http://www.bbc.co.uk/sport/0/football/32176367 I see their media machine is on overdrive to try a deflect attention away from the missing Nomad. I had a read through the Orcs forum earlier and by the looks of things the fans are starting to realize they have been sold a a dummy by King and Paul Murray. Link to comment Share on other sites More sharing options...
Angus Young Posted April 3, 2015 Share Posted April 3, 2015 I see their media machine is on overdrive to try a deflect attention away from the missing Nomad. I had a read through the Orcs forum earlier and by the looks of things the fans are starting to realize they have been sold a a dummy by King and Paul Murray. Sold a dummy with sugar on it and the laughable bit is King is in South Africa and has not said a word since he flew away leaving Pot Less Paul to face the music. Link to comment Share on other sites More sharing options...
Phil D. Corners Posted April 3, 2015 Share Posted April 3, 2015 New signings on the way though http://www.bbc.co.uk/sport/0/football/32176367 The deadline for signing free agents passed on 31 March, so McCall cannot sign the pair for this season even if he wanted to. Link to comment Share on other sites More sharing options...
DesertDawg Posted April 3, 2015 Share Posted April 3, 2015 I just had a quick look over there........don't the SMSM read that like they do Kickback or do they just print Traynor's daily releases as it's easier? http://forum.rangersmedia.co.uk/index.php?showtopic=281713 Plenty of comment there on the silence from South Africa but none on the silence from Hampden. This must be the SFA's worst case scenario. Shot a large hole right through their "wait and see" strategy. I wonder if Paul Murray's taking their calls or Ogilvie is talking to King......or have they just closed for Easter? Link to comment Share on other sites More sharing options...
The Gasman Posted April 3, 2015 Share Posted April 3, 2015 Rumours growing of a real rift between Park and King. I wonder if we will see someone leaving the board there shortly. To date, King is not a Director of the Company,, but Park is a Director, which leaves Park with certain legal responsibilities, that King has managed to dodge - I can see Park being less than happy about that, and even were he to walk away now, he may not be able to avoid these responsibilities.... Link to comment Share on other sites More sharing options...
Spellczech Posted April 3, 2015 Share Posted April 3, 2015 (edited) Douglas Park is on the board - http://www.rangersinternationalfootballclub.com/board-management/board-of-directorsdidn't realise, cheers. In that case the reason for the rift is clear, Easdale will go for him over Potless Paul Edited April 3, 2015 by Spellczech Link to comment Share on other sites More sharing options...
Seymour M Hersh Posted April 3, 2015 Share Posted April 3, 2015 New signings on the way though http://www.bbc.co.uk/sport/0/football/32176367 Is anyone else wondering why they don't have a registration ban? Continually having to borrow to pay wages is hardly a good business plan. Especially when there seems no obvious way to pay the loans back. Link to comment Share on other sites More sharing options...
Paolo Posted April 3, 2015 Share Posted April 3, 2015 Is anyone else wondering why they don't have a registration ban? Continually having to borrow to pay wages is hardly a good business plan. Especially when there seems no obvious way to pay the loans back.You are probaly correct, but at this point, they are not breaking any rules. Link to comment Share on other sites More sharing options...
Spellczech Posted April 3, 2015 Share Posted April 3, 2015 (edited) Is anyone else wondering why they don't have a registration ban? Continually having to borrow to pay wages is hardly a good business plan. Especially when there seems no obvious way to pay the loans back.imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination Edited April 3, 2015 by Spellczech Link to comment Share on other sites More sharing options...
Teuchterjambo Posted April 3, 2015 Share Posted April 3, 2015 imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination Which they should have done on the birth of SEVCO and they probably wouldn't be in the wonderful shambles that they are right now. The problem was and still is their total numbskulled arrogance which stops them actually looking at the facts and how to deal with them. Long may it continue. Link to comment Share on other sites More sharing options...
The Mighty Thor Posted April 3, 2015 Share Posted April 3, 2015 To date, King is not a Director of the Company,, but Park is a Director, which leaves Park with certain legal responsibilities, that King has managed to dodge - I can see Park being less than happy about that, and even were he to walk away now, he may not be able to avoid these responsibilities.... Glib and Shameless he may be but it appears stupid he ain't. He's left Potless holding the fort and the 3 bears holding the liabilities Link to comment Share on other sites More sharing options...
vegas-voss Posted April 3, 2015 Share Posted April 3, 2015 New signings on the way though http://www.bbc.co.uk/sport/0/football/32176367 So one of the boys was at Honka and now he might be joining Honking Link to comment Share on other sites More sharing options...
Spellczech Posted April 3, 2015 Share Posted April 3, 2015 Which they should have done on the birth of SEVCO and they probably wouldn't be in the wonderful shambles that they are right now. The problem was and still is their total numbskulled arrogance which stops them actually looking at the facts and how to deal with them. Long may it continue. yep they could've had 2 titles and at least 20million in the bank but instead they owe at least 6.5 million Link to comment Share on other sites More sharing options...
Phage Posted April 3, 2015 Share Posted April 3, 2015 imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination Oh yes please! Link to comment Share on other sites More sharing options...
Paolo Posted April 3, 2015 Share Posted April 3, 2015 imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination -25. They are the same club, or so they keep telling us. Perhaps, this would be one of the situations when they are different clubs. Link to comment Share on other sites More sharing options...
Bring Back Paulo Sergio Posted April 3, 2015 Share Posted April 3, 2015 (edited) imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imaginationIt is a stretch when you add the SFA into the equation Edited April 3, 2015 by OFhater Link to comment Share on other sites More sharing options...
i wish jj was my dad Posted April 3, 2015 Share Posted April 3, 2015 In amongst the seethe about boardroom irregularities I think the Orcs should be asking who thought it was good idea to keep the fat imposter in charge of football operations at the newco. Thank whatever god you believe in that they continued to pay that arsehole 850k per year to get them 'back where they belong' rather than begging Craig Levein to have a go. Link to comment Share on other sites More sharing options...
Phil D. Corners Posted April 3, 2015 Share Posted April 3, 2015 imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination What are the rules if they go in to admin on reaching the playoffs. Kicked out the playoffs or rolled to next year. Link to comment Share on other sites More sharing options...
jambovambo Posted April 3, 2015 Share Posted April 3, 2015 imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination2/3rds of the SQUAD are out of contract then ... Link to comment Share on other sites More sharing options...
269miles Posted April 3, 2015 Share Posted April 3, 2015 (edited) In amongst the seethe about boardroom irregularities I think the Orcs should be asking who thought it was good idea to keep the fat imposter in charge of football operations at the newco. Thank whatever god you believe in that they continued to pay that arsehole 850k per year to get them 'back where they belong' rather than begging Craig Levein to have a go. Salary wasn't recruited for footballing reasons but to perpetuate the sameco myth to gullible fans & investors. And it worked well. Edited April 3, 2015 by 269miles Link to comment Share on other sites More sharing options...
CavySlaveJambo Posted April 3, 2015 Share Posted April 3, 2015 The media assumed they would be allowed straight into the SPL or the First Division at worst. Result - refused entry to either, had to start in Div 3. Pretty sure there was a vote whether to allow them into Div 3 or not. At least 1 club voted No. imagine they drop into administration in the summer ... Then have to start on -15 points with kids...not such a big stretch of the imagination -25 with a young inexperienced team. That will be hard. Link to comment Share on other sites More sharing options...
the crofter Posted April 3, 2015 Share Posted April 3, 2015 Does an admin event not trigger a points deduction of one third of the current seasons total applied at the start of the following season? IIRC that's what happened to us. Link to comment Share on other sites More sharing options...
CavySlaveJambo Posted April 3, 2015 Share Posted April 3, 2015 Does an admin event not trigger a points deduction of one third of the current seasons total applied at the start of the following season? IIRC that's what happened to us. No. Either -15 or -25 (second insolvency event in 5 years) now. Link to comment Share on other sites More sharing options...
RobNox Posted April 3, 2015 Share Posted April 3, 2015 imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination Surely it would be -25 points as Doncaster has already stated that in the eyes of the SPFL, Sevco is the same club that suffered an insolvency event three years ago. Link to comment Share on other sites More sharing options...
Spellczech Posted April 3, 2015 Share Posted April 3, 2015 Surely it would be -25 points as Doncaster has already stated that in the eyes of the SPFL, Sevco is the same club that suffered an insolvency event three years ago.yep, a few eagle eyes have corrected me there. Haha. Is it worth me trying to save face by asking if they started on -15 in Div 2? As that would be their argument probably... "Ye cannae dae us fir 25, when youse huvnae done us fir 15 yet. Ya bunch a Timmy-luvin bstrds ye..." Link to comment Share on other sites More sharing options...
ERjambo Posted April 4, 2015 Share Posted April 4, 2015 imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination I think a second administration event within 5 years means a 25 point deduction. They might as well go bust and start again - which might well be 'Plan B', if you can even call it a plan! Link to comment Share on other sites More sharing options...
I P Knightley Posted April 4, 2015 Share Posted April 4, 2015 There's no clear answer. In terms of future funding, the likelihood is that was coming from the present board, mainly, so no NOMAD is irrelevant in that regard. Where the problem lies is with the treatment of current shareholders. The institutional investors will be forced sellers as their companies don't allow private shareholdings and that leaves the board open to legal action. So, you're saying it's good news, then? Link to comment Share on other sites More sharing options...
Angus Young Posted April 4, 2015 Share Posted April 4, 2015 The blame game continues http://www.dailyrecord.co.uk/sport/football/football-news/rangers-winger-david-templeton-scathing-5455611? Link to comment Share on other sites More sharing options...
heartofgold Posted April 4, 2015 Share Posted April 4, 2015 Borrowing to keep a loss making concern going will only end one way Link to comment Share on other sites More sharing options...
Angus Young Posted April 4, 2015 Share Posted April 4, 2015 Borrowing to keep a loss making concern going will only end one way no worries in that department as the Lying King has spoken and told them he will pony up 40/25/15 million/ he will match what others put in to date he has not put in a penny oh and he also said he had a Nomad lined up. Link to comment Share on other sites More sharing options...
Francis Albert Posted April 4, 2015 Share Posted April 4, 2015 The blame game continues http://www.dailyrecord.co.uk/sport/football/football-news/rangers-winger-david-templeton-scathing-5455611?Don't think of taking any responsibility yourself, Temps. Link to comment Share on other sites More sharing options...
12XU Posted April 4, 2015 Share Posted April 4, 2015 2/3 of squad out of contract , the 1/3 left are pretty much gash - no matter what league they end up in next season it's going to be a long one for them with continued internal meltdown. Link to comment Share on other sites More sharing options...
Regular John Posted April 4, 2015 Share Posted April 4, 2015 The blame game continues http://www.dailyrecord.co.uk/sport/football/football-news/rangers-winger-david-templeton-scathing-5455611? 'It was pointed out to Templeton that McCoist and former assistant Kenny McDowall would not react well to claims their coaching or preparation were lacking' Who do these guys work for? If I were a hun I'd be raging massive failures like McCoist and McDowall are actively protected by the MSM. Link to comment Share on other sites More sharing options...
RealMaroonCF Posted April 4, 2015 Share Posted April 4, 2015 BTW, how much did those fans groups rst and rf invest in shares? They must be worth nixy now. Lol. Seething I'll bet. Can't wait for the next dubbed installation of the interview with that funny Spanish guy. Link to comment Share on other sites More sharing options...
The Gasman Posted April 4, 2015 Share Posted April 4, 2015 Borrowing to keep a loss making concern going will only end one way A simple point, that is continually ignored / overlooked by the MSM, and the longer it all drags on the worse it gets for the Club. Link to comment Share on other sites More sharing options...
Spellczech Posted April 4, 2015 Share Posted April 4, 2015 A simple point, that is continually ignored / overlooked by the MSM, and the longer it all drags on the worse it gets for the Club.what is MSM?? I'm guessing xxxxx Scottish Media...marvellous? In an ironic sense? Link to comment Share on other sites More sharing options...
Regular John Posted April 4, 2015 Share Posted April 4, 2015 what is MSM?? I'm guessing xxxxx Scottish Media...marvellous? In an ironic sense? Mainstream Link to comment Share on other sites More sharing options...
CMc Posted April 4, 2015 Share Posted April 4, 2015 They just can't help themselves, the clubs a shambles it's paying the wages of 3 managers, 2 suspended employees are a laughing stock after getting dumped out of the stock exchange and here we have delusions of grandure with talks of Europe. I'm not sure they even are allowed to play in Europe yet due to accounts. This made me laugh. "McCall says he received assurances from a club director about the future of the club that have won two successive promotions since their last financial meltdown. "I had a quick chat with John Gilligan this morning and an email went round the club saying don't panic," said the team boss. "Apparently, they are not concerned in any way. The plans for funding the football club will remain the same" It's like that sign in the credits of the Simpsons: "115 0 days since the last financial meltdown". Link to comment Share on other sites More sharing options...
Dutchmul Posted April 4, 2015 Share Posted April 4, 2015 You are probaly correct, but at this point, they are not breaking any rules. This, until something happens like failing to pay tax/ni/wages they are not breaking any rules. imagine they drop into administration in the summer just after missing out on promotion? 2/3 of the team walk away on freedom of contract and they cannot sign anyone. Then have to start on -15 points with kids...not such a big stretch of the imagination If they fail to get promoted, I think they will go into admin immediately. More money is required for aprils payroll. Link to comment Share on other sites More sharing options...
Dutchmul Posted April 4, 2015 Share Posted April 4, 2015 no worries in that department as the Lying King has spoken and told them he will pony up 40/25/15 million/ he will match what others put in to date he has not put in a penny oh and he also said he had a Nomad lined up. Think the last number he quoted was 10m, if someone else puts in 10m. But he is a glib and shameless liar, he's probably storing his cash in the same place as his NOMAD. Link to comment Share on other sites More sharing options...
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