I can’t tell you how many statements I’ve read from those trying to bring down Newco Rangers (bonne chance) but not one comes near to approaching the key question: what can they offer the the men and women who own shares in Newco to convince them to accommodate their future aspirations?
Threats, intimidation and blackmail are all possible incentives, but no one has actually put a case forward which would compensate the investment made by the shareholders who, let’s remember, own all club assets.
An enormous assumption appears to have been made that hedge funds and various Easdales will capitulate and simply walk away and sign their paid-for assets over to a group who are regularly abusive towards them. It’s like 2012 all over again, when parts of the world assumed HMRC would capitulate and agree to a CVA for Oldco, despite all genuine evidence (i.e. published policy) indicating otherwise.
Game Theorists would have a ball with this scenario. Shareholders are being offered a choice, hand over your assets to a hostile opponent or attempt to continue with a vastly reduced business. The former option should not be taken seriously.
Question is, where does this particular game end? It’ll not be in an outcome satisfactory to many of those dreaming of ‘competing with Celtic’ anytime soon.
This mind-set should be familiar. It’s the same one which blamed Celtic, or small-minded small clubs, the SPL and/or SFA, blamed anyone, in fact, apart from those who endorsed years of overspend at Rangers, for their eventual demise.
Walking headlong into unsustainable debt is no different than walking headlong into a conflict with hedge funds who would sell your valued acre for landfill rather than be held to ransom.
I’ll renew my season tickets tonight (still annoyed I didn’t do so in time for the free ticket draw). Whatever happens in the wider scheme of Scottish football, one club will be supported ‘through and through’.
Yogi Bare – The John Hughes autobiography:
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I have just been to confession and I got laughed out the box – my sin I had to confess – I was thinking of buying some season tickets at IPox – I’m in fear if them going bust again and disappearing !! If they do – who do we laugh at – where does the weekly entertainment – change that daily – change that hourly entertainment come from – I loved the 4-2 game (God bless Johnny Doyle) I loved the 6-2 game (how tall is Chris Sutton 6’2) and a million other memories – we need them back bankrupt skint and fu– ed imagine the fun we would have then. BTW I did say the Rosary because I was having bad thoughts.
Hail Hail
67ECW
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS ………Praying for our WEE HERO!
Never thought of that :)))
ROY CROPPIE
Don’t let my cheap shot diminish your accomplishments,mate.
kitalba –
See you recommended this ———–
Leaving Them To Their Fate -The Ethics of Starvation ( Victor Gollancz ) .
A blast from the past . A mid teens me took advantage of my father having a mate who suscribed to The Left Book Club —–I voraciously worked my way through his collection .
Remember another one which had a similar theme ———–
Witness to History -Michael Walsh.
Palomino CSC -way down south – where the warblers are warbling .
Totally off topic .. if redevelopment plans go ahead as planned the largest football clubs by stadium capacity in Britain at the start of 2017-18 will be
Man Utd
CELTIC
Arsenal
Liverpool
Man City
Tottenham
Spurs
Others left behind.
Hail Hail
The bears are revolting
Plus ca change
Auldheid if you are around. Ignore tonydonnely. His is a silly boy.
Dhoirebhoy
The Campanile is the vicinity.
Doirbhoy
Recommend Hilton Garden inn
Good outside area looking out over river for us smokers
Those going to the CQN Hootenanny on the 10th will see Billy No’Well perform.
The Zombies are dying. ‘Twice In A Lifetime’:
http://www.youtube.com/watch?v=Mx7M35sxlno
67Heaven … I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors
It’s on the bbc website. I’ll try to add link.
http://www.bbc.co.uk/sport/0/football/27142340#
NegAnon2
18:50 on 24 April, 2014
A bit difficult when Paul67 aligns himself to the exact same sentiment without intelligent comment or input
.
GoodDoggyCSC
Possibly The Hilton Garden Inn also
Roy Croppie & HT.
Congrats on being thought worthy of a brick.
The only time I was offered that gift, it was by the young gentlemen of the Machrie Fleet.
Luckily, I was fast enough to be able decline their offer.
Seriously, congrats to you both.
https://twitter.com/Steph67Lisboa/status/459380966730248192/photo/1/large
Looks like the “Union of Whatever” they are called have already blown half the ST money!
Smell of BO is getting a bit overwhelming from the midden. Shortbread and ssb( I know) is clearly giving a platform for the sevco.
2clubsCSC
Not sure about the .eu bit though
“If we had won the Ramsdens………do you think we, as fans, would have had a different outlook than we do today?”
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA…..
Breath…
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA…
mullet and co 2
18:30 on
24 April, 2014
I honestly found the BBC have been told by an insider at Ibrox that Rangers are on A life support machine hilarious. Dead? Where they not on an incubator before or was that a proposal before they died and were resurrected. Actually if they die this time will Dave King remove the soul and join it up with a different body at Hampden? Will they die and go to purgatory or should that be limbo because they are so young. Maybe they could have a test tube Rangers with the daddy being old rangers and the mammy Sevco.
Anyway, I know I am in heaven.
Five gets you ten, that to sighs of great relief from DD and PL, THEY will play against Celtic in about fifteen months time.
If you believe some folk THEY have now been dead so long that THEY should literally be stinking the place out.
Kitalba
Tremendously entertaining story.
I avoid SuperScoreboard but have just been convinced to listen. Enjoyable listening tonight.
http://radioplayer.clyde1.com/live/
Super Score Bored by Billy No’Well:
http://www.youtube.com/watch?v=y5yyD8KE-T0
Kitalba
In vino veritas.
Personally i just talk a load more rubbish!
Geordie munro
mines not through yet….
BBC comedy bronze…………..” all the Easdales need to is give the fans the stadium and Auchenhowie “
vale bhoy
18:53 on 24 April, 2014
Thank you very much….!!!!!!!!
South Of Tunis:
I haven’t read the second one you noted but it is added to my list, I only have one problem though mate, my time is running out and you keep on adding to my “wish to do list”.
But if it never happens it didn’t and I love Palomino’s too only the wife won’t let them in the house.
My youngest is asking after one. Did you ever do any riding yourself?
In the heat of Lisbon and Bobby Murdochs curled up winkle pickers, thanks a million for your help!
setting free the bears supports Res. 12 & Oscar Knox
I’ve been ‘presented’ with a few on various visits to Tynecastle over the years but today was a much friendlier occasion :)
HH
As I have observed previously.
Should THEY be given security over Ibrox and Auchenhowie – in anther life it was Murray Park- THEY will also be taking on liability for safety, maintainance etc.
It might just be thet THEY will be biting off more than THEY can chew.
Pintaguinness, thanks for your help also!
67Heaven
You are most welcome.
Hahaha!
They’ll need to find Craig Whyte, first.
quonno
19:05 on 24 April, 2014
As I have observed previously.
Should THEY be given security over Ibrox and Auchenhowie – in anther life it was Murray Park- THEY will also be taking on liability for safety, maintainance etc.
It might just be thet THEY will be biting off more than THEY can chew.
Not if THEY close it…..
Was that a realism moment on ssb there?
SurelynotCSC
Vale bhoy – absolutely love it.
fragile – ha , well at least it begins with F. I must remember that when I ring the TSB to extendthe overdraft ‘could ya help me out a bit please, I’ve fragile all money left this month and am fragiled off with it.’ Let’s see how far that gets me.
yorkbhoy
19:09 on
24 April, 2014
quonno
19:05 on 24 April, 2014
As I have observed previously.
Should THEY be given security over Ibrox and Auchenhowie – in anther life it was Murray Park- THEY will also be taking on liability for safety, maintainance etc.
It might just be thet THEY will be biting off more than THEY can chew.
Not if THEY close it…..
Onne can only salivate at the thought of the bloodletting as THEY squabble over the proceeds.
what makes the fans of sevco think that the present board of the 2012 club have the ownership of the stadium to bargain with?
jackie mac
19:10 on
24 April, 2014
Vale bhoy – absolutely love it.
fragile – ha , well at least it begins with F. I must remember that when I ring the TSB to extendthe overdraft ‘could ya help me out a bit please, I’ve fragile all money left this month and am fragiled off with it.’ Let’s see how far that gets me.
Don’t you just yearn for the good old days when all the problems could be magiced away with a funny handshake at the Bank of Scotland.