Did Dave King honestly say there would be a “forensic investigation” before newco, under his control, would repay Mike Ashley’s £10m loan? This, before the second tranche of the loan, which the club will need to meet payroll, is paid, and while Ashley could acquire an array of property and IP assets by simply not transferring the money when expected.
Unnecessarily provoking the source of short-term finance your club is dependent on is a bizarre tactic.
If it is indeed “the end” for the current newco board, as King promises, said board have a matter of weeks to secure whatever assets they can for those who have previously invested in the club and provided loans.
The crux of King’s comments are reported as:
“Would we pay [Ashley] immediately, I don’t think so no. We would complete a forensic investigation.
“If David Somers’ indication is correct that there has been some malfeasance then it is possible that the club would have a claim then I would attach the money and make a claim.
“If any individuals behaved improperly then it is important that they are held accountable.”
There’s a scene in Pulp Fiction when an unfortunate predator, “Z”, is informed that some African Americans are about to “Get medieval on his ass”. We don’t get to see what this means but stay tuned, between now and the EGM, Mike Ashley might just provide a demonstration of what Tarantino had in mind.
Remember, Ashley is not at Ibrox because he fancies being the next David Murray. He is not interested in the godforsaken world of having to run a football club in Glasgow, he’s happy to allow others to carry this burden.
He may well allow King to ‘win’ the EGM, but the spoils of victory will be very much on his terms. Trying hard not to imagine Paul Murray in a leather mask now.
Today is World Cancer Day. This disease has taken too many from the blog already, not to mention millions across the globe. There is a lot of good news, though. Progress is being made, but many in the developing world need access to simple preventative treatments, methodologies and information.
The preventative message still needs to get through to a great many in the developing world, before it’s too late. Here’s a video outlining where the battle is at the moment: