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Game Theory predicts newco are in trouble

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By on CQN BLOG & Comments

If we indulge in some Game Theory……..

We know newco plan to borrow an additional £5m from Mike Ashley before the proposed 4 March EGM.

We know that nomad, WH Ireland, will resign “with immediate effect” if Dave King is voted onto the PLC board.

We know that “In the event that the NOMAD resigns, the Company’s shares will be suspended from trading immediately”.

That being the case, you can bet a covenant of Mike Ashley’s loans is that shares in the company are not suspended.  In the event such a covenant is broken, Ashley would collect all the properties he has security on, which by then may well include Ibrox.  With immediate effect.

Game Theory predicts that King will withdraw the resolution to appoint himself to the board.  It also predicts that Ashley must cover his position in this eventuality, with additional covenants which protect his position.

Game Theory assumes the actors are rational, it makes no allowances for actors who are burdened by an ego the size of South Africa.

King’s belief, expressed in his unfortunate press conference this week, is that Ashley is a man he can do business with.  My belief is that Ashley does business with supplicants, not dictatorial types.  “It’s not personal, Sonny. It’s strictly business”.

Either way, I had a word with Game Theory, he says they’re screwed.

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  8. Jungle Jim Hot Smoked on

    Paul67

     

    You might draw criticism from some for your ` obsession` with THEM. Personally, I love it. Keep it coming 0:-)

     

     

    JJ

  9. normanstreet49 on

    Sleepy Friday indeed.

     

    Must all be getting ready for the rugby.

     

    Ahem. Cough cough.

     

    HH

  11. The Battered Bunnet on

    Game Theory is one thing. Practice is another. When it comes to practice, Kris Commons, fine player as he is, has the Lubo video, and that’s about as much as the two players have in common.

     

     

    In my view, of course.

  12. NegAnon2 on

    BCW im sorry I have no idea what point you are trying to make – please just explain?

     

     

    Also was interested in your view of the evidence I have posted? Do you find it compelling?

  16. Kittoch on

    Thanks lads for your suggestions

     

     

    Alea a bit far out as no car and wanting a few beers but the others sound good.

  18. 79caps on

    Racism charge against Leeds Utd defender not proven, says the English F.A.

     

     

    Well, after all, it was one man’s word against another.

  19. leftclicktic on

    1. Who is Celtic`s most skillful player? Commons

     

    2. Most influential? Brown

     

    3. Hardest working? Griffiths/izzy

     

    4. Best passer? Johansen

     

    5. Classiest? Lustig

     

    6. Popular? Awwwwww them ,But could be Guidetti(if he signs)

     

    7.Confident? Craig Gordon

  20. The Battered Bunnet on

    As regards other matters, RIFC has just put into the formal record of the company the misdeeds of a man who might yet become a Director.

     

     

    This Regulatory announcement will remain on the record indefinitely.

     

     

    In the event he gets onto the Board, it will remain there, just in case anyone needs to know, of course.

  21. Henry Clarson on

    ” In the event such a covenant is broken, Ashley would collect all the properties he has security on.”

     

     

    I thought that in the first instance the properties would have to be put up for sale to raise money to repay what’s owed to Ashley?

  27. South Of Tunis on

    The Battered Bunnet.@ 16 43

     

     

    Comparing Kris with Lubo is like comparing Gina from Coronation Street with Gina Lollobrigida.

     

     

    In my opinion , of course.

  30. pedrocaravanachio67 on

    neganon2

     

     

    15:37 on 6 February, 2015

     

     

    BCW not long till valentines. I have kept the night free?

     

    ———————–

     

     

    BCW, don’t make arrangements wi this clown, he’ll no turn up, say he didnae have time to contact u, but take time to post his excuses on the blog……..

     

    Serial offender and using the msm as evidence against the Catholic Church…deary me!!

     

     

    Daily record anyone?

  33. BIG-CUP-WINNERS on

    NEG

     

     

    Read back….

     

     

    Ive also reiterated it since……..you miss the reason why I posted entirely.

     

     

    Your childish whooping since……..all you have done is add evidence that HT etc asked for earlier in the debate YOU were engaged in.

     

     

    You subsequently went and sourced the article. The chronology of events is there on the previous post.

     

     

    Re- compelling ? Its not compelling, it is simply evidence, such as you were asked for.

  34. 67 European Cup Winners on

    Seriously. They can’t be that stupid !!!

     

     

    Is King pushing to sink the boat again with a view to pick up what’s left ??

     

     

    I just can’t see any other outcome than MA in charge until he gets paid and earns more

     

     

    Maybe they really are just thick ??

     

     

    67 ECW

  35. Jungle Jim Hot Smoked on

    Normanstreet

     

    I certainly am ! Just of now for my pre-match warm up. I love the Six Nations Tournament. Come on Wales!!

     

     

    JJ

  36. sipsini on

    starry plough,

     

     

    Had a hun in the work this morning, saying he would prove who owned ipox and would be back in ten minutes with proof.

     

     

    I reckon he was googling the sham a couple of years ago on the news…you know the one…there’s the deeds, a second later it was whipped away.

     

     

    Anyways, he didn’t come back with anything…them masons, eh! :))

  37. Gary67 on

    1. Who is Celtic`s most skillful player? GMS

     

    2. Most influential? Brown

     

    3. Hardest working? Johansen

     

    4. Best passer? Bitton

     

    5. Classiest? Lustig

     

    6. Popular? Commons

     

    7.Confident? VVD

  41. normanstreet49 on

    This just gets more hilarious by the minute.

     

    Green, Whyte, and the NOMAD Ireland.

     

    Honest, you couldn’t make it up.

     

    It’s like the planets are aligned.

     

    What’s next??

     

    Dr. Emerald Paradise Holy Ground QC in residence.

     

    Mr. William Maley from HMRC tax dept.

     

    love it.

     

    Keep it coming.

     

    HH

  42. NegAnon2 on

    BCW I was having a wee bit of fun and its good to be childish every now and then – good for the soul.

     

     

    I dont understand what you are trying to say – however I guess it doesnt matter in any case.

     

     

    I find the article quite compelling and I remembered reading it at the time.

     

     

    Pedrocaravan dearie me – I think I would rather it was the organ grinder berating me rather than you. If you read the article correctly you will find the quotes directly from the then bishop. Alluding as you do to the ACGR incident yes indeed I did let him down but there were reasons somewhat out of my control. I apologised and he had a rant at me – fair enough. However as I said at the time I am not his boyfriend and these things happen. I find it rather cringeworthy that you are on here beating your chest about it.

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