Comment on Bad Money? by Corrupt official.
Corrupt official Also Commented
H & EJ.
The share percentage sounds really good, but what exactly do they have a share of?.
A club that is baw-deep in debt projecting future losses. A club that doesn't own the shirts on its back, and possibly not even the grounds it plays and trains on. A club that is a sweary word amongst kit suppliers and sponsors, and a laughing stock on the markets it was kicked out of.
A club so toxic that since its conception, has barely had a court-free week………..And then there is the impending actions ahead, concerning the club it is kidding on to be……………..
I don't think there are many who would want a share of that.
Cluster One 2nd August 2019 at 23:05
I believe if king was to go down he would take it with him, he has not hung around this long for nothing.
I would agree with every word of that and go further, in so much as he would do so without even the slightest nod, to the legality of his actions…….
On the other side of the coin, I doubt Ashley would bat an eye-lid having him jailed.
I was alluding more to the hold he has over the other bears being fractured. A hold that must be wearing thin and the cause of many sleepless nights.
Of course I am only speculating, that Ashley would rather have if not more management/control, then at least, "easier", management/ control, over his revenue stream…………He appears to be in, or close to, a position to get it.
In no way, are Sevco in a position to receive a "favourable settlement", and even the rampaging hordes must have twigged to that by now. (?????). ……T3B's will most certainly have.
And yeah……I think big Mick might enjoy the vindication in taking it back.
TBH though, Ashley has so many options available to him, it would be a lucky guess to predict……… King?… No so much.
Cluster One 2nd August 2019 at 19:35
Following on from my post above, something i came across the other day. https://twitter.com/ClusterOne2/status/1155942708562653186/photo/1 ……………. King has always pushed to get his placemen into ibrox.
Good post C1 as it got me thinking. Do you think Uncle Mick would be more amiable to deal with, if his old pal Llambias (or A. N. Other), was given his job back?…. Could a thread-bare bear be tempted do the dirty?.
No matter how hopeful I may be, I don't see Ashley cutting off an income stream, and the best avenue to the truth will still be with Res12 and the courts, (when presented to them properly).
I do see him(Ashley) in the driving seat, knowing when to submit the bill if he wants the cash, and almost certain Sevco death.,Or, if he wants more clout, when to threaten a Winding Up Order.
"A new sherrif in town or deid?", might tempt some, or all, of the concert party to pursue a solo career.
He would still own the debt of course…….Simply offering time to cough, on his terms. …..The same as he did with his "Loans".
The big question is, will having the debt be worth his while, or will he just take the cash?….
Will this season, once again, be the season of the much loved, and mirthfully missed, "Blue-room musical chairs"?
Whatever, it's not going to be straight-forward. A major event, with major reactions.
There can really only be one explanation for King's punch-drunk stupidity in decision-making and desperate skelpings…… His desperate battle to maintain control.
Recent Comments by Corrupt official
Celtic’s Questions to Answer
StevieBC 14th November 2019 at 22:06
StevieBC 14th November 2019 at 15:36 This HMRC story has been cranked up to BS Level '11'. Headline from The ET; "Rangers vs HMRC: Ex-players and staff 'have EBT penalties wiped over incorrect tax bill…"
No 'journalist' name is attributed to this nonsense. It's based "on a source" who is supposedly an accountant but "uninvolved"…
Well, well, well… Mibbees The ET does have a bit of shame after all? I've just checked the above ET article for Comments: it is no longer available on their site, and disappeared into the ether.
The Sun also had a, "now you see it now you don't", stab at it Stevie……This was a bit more rational.
Celtic’s Questions to Answer
Now that is "offishul" it wasn't big Peter that topped Rangers, but actually "Her Maj", will her portrait still have pride of place in the bloo-room?….
It's no wonder they didn't pay her after what she did. . ..
Maybe Minty will send back his knighthood in protest…..Coupled with an indignant dignified open letter, its the very least he could do.. . He can lead-off the march to Buck Palace with it on a wee cushion….. I'm sure the sodjers will let him in. .
Jeezo they're bonkers.!
Celtic’s Questions to Answer
If Rangers(I.L.) don't get liquidated, will they have to change their name to play against Sevco…. The club they have grown to love? .
"With the successful restructuring of the retail operations, RIFC is now on a firm financial footing and I look forward to being a part of its exciting future."
Errrrrrrr……Does somebody want to tell him?.
In Whose Interests
John Clark 12th November 2019 at 07:52
Corrupt official 12th November 2019 at 04:31 ',,, In law, that was also registered into Sevco "ownership", after a long unexplained delay. '
I posted about this some time ago, expressing the view that Sport Scotland seemed suddenly to realise that the legal entity to which they had given a good few quid of our money had ceased to exist except as an entity in liquidation, and therefore that thee was no legal obligation on TRFC Ltd to pay any heed to the conditions that had been imposed.
I recall your post John,which was really what got me thinking. (Initially I just thought, "Dirty sleekit Barstewards).
I think we all agree that Sevco would have welshed on the funding agreement with Sports Scotland if they had the chance. The numerous on-going court cases of contract dodging tends to support that belief. However, Sports Scotland appear to have won a lollipop in this episode.
It may be a similar legal scenario that crossed over, and bound CFC PLC, to the old IP arrangement with the deid club, to the new club. Given that Sevco are not above monetising plastic ducks, CFC PLC may be the only obstacle preventing a raft of "O** F*** tat lining the shelves of their pop-up stores.
I'm not saying it is, nor isn't, but it certainly looks like it is not an IP that CFC PLC intend to capitalise from,via its use.
I am as wary as the next man regarding CFC PLC involvement in dubious activity, but will not be holding my breath expecting an explanation from them………..
And yet that is all they have to do to avoid being tarred.
CFC PLC are too quiet on too many fronts for my liking. Silence naturally breeds suspicion, and in a game where there is very little trust left, (if any), a dangerous game to play.
There is very clearly not going to be any, "benefit of doubt", given, and quite understandably so.