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    Comment on Bad Money? by Big Pink.

    New blog up by Auldheid

    Big Pink Also Commented

    Bad Money?
    Upshot is that TRFC can't be sold with debt (as yet unspecified) hanging over them. Another observation is that id the SDI deal was so bad for Rangers, how hard would it be to get a better deal from another sponsor which SDI would be less inclined to match?

    Totally snookered in the jaws of a pocket.

     

     


    Bad Money?
    Must keep up. I made the assumption (madness getting all of eventually I suppose) that the court case left RIFC exposed, and that TRFC would be immune from any harm.

    Not so. In fact it is the club and not the holding company that is in the same kind of (but reduced quantum) doo-doo that the old club was in.

    Close Bros and soft-lenders are into RIFC yes?


    Bad Money?
    Paddy Malarkey

    I think you are correct. Judge doesn't want to hand down judgement if parties can agree, although given the track record of the defendant, he probably knows he's just kicked the can down the road for a few weeks.


    Recent Comments by Big Pink

    In Whose Interests
    Ex Ludo
    I don’t know if there are any conclusions to be drawn over the IP situation. Perhaps John C has it right on the marketing angle. It may well be that Celtic take the view that being involved in the ownership of the brand allows them to marginalise its use. It may also be that I’m being too kind to the Celtic board. John’s wider point though, and your’s is correct. Celtic are driven by self interest, or what they see as self interest, as demonstrated by their avoidance and delay tactics on the Res12 issue, and running interference on any attempt to shine a light on the darkness of the 5WA (of which they were aware), and the efforts being made by fans to hold power to some kind of accountability.

    On field success has immunised them thus far, but they are not out of the woods yet. The perfect storm is brewing; a hostile rejection of Res 12 at the AGM followed by NIAR hitting the buffers will be the mother of all reality checks. Unlikely perhaps, but not the stuff of fantasy that it appeared to be only a few months ago.


    In Whose Interests
    ExLudo
    Very much appreciate the gift. Received with thanks. However we get invoiced for any support needs in July and January so we can amend our biannual fund-raising targets.
    You have reminded me though that I need to get Tris to campaign to encourage monthly PayPal or Standing Order subscriptions. We’ve lost a lot this year – through battle fatigue I guess 🙁


    In Whose Interests
    The DDos attack against the site goes on. Started last Monday just after lunch and has persisted every day since. Yesterday was the worst of it so far. Sadly there is little we are able to do proactively and we have to react quickly to block the IP addresses used by the perpetrators.
    Sadly we have to wait until they run out of steam. Disruption has been at a minimum thanks to the guys at our hosting company who have been working tirelessly to track and counter the offenders’ moves. The financial cost is a pain but right now it is important to maintain a presence.


    In Whose Interests
    Had to look that one up John😊😊

    https://en.m.wiktionary.org/wiki/tergiversate


    In Whose Interests
    Site has been unresponsive according to monitors, but it’s loading super quick for me.