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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CQN Saturday Naps Competition : WEEK 22 results (10th Jan)
Well done to Gweedore Celt who napped Hawkes Point@15/2.
Other winners: Burgas Hoops (Peach Delight @11/5).
Selections :
16 roads (Red Tortue)
21-5-79 (Vent Nivernais)
ABZMike (no selection)
Bada Bing (Hello George)
BMCUWP (Shotgun Paddy)
BULL67 (Return Spring)
Burgas Hoops (Peach Delight)
Cathal (Rigadin de Beauchane)
Che (Warrantor)
Cosy Corner Bhoy (Hammersly Lake)
Eurochamps67 (Shantou Bob)
fleagle1888 (Open Hearted)
green T (Willie Wagtail)
Gweedore Celt (Hawkes Point)
hashadenough (Dell Arca)
Hotel de Paris (Via Sundown)
Jobo Baldie (Cold March)
leftclicktic (Coincidently)
Nye Beavans rebel soldier (Gardefort)
PFayr (Gardefort)
Raymac (Hammersly Lake)
Rockon (Wrood)
Som mes que un club (Profile Star)
TheBarcaMole (Hammersly Lake)
tommytwiststommyturns (Saffron Wells)
twists n turns (Greywell Boy)
voguepunter (Tara Road)
What is the Stars (Heath Hunter)
Zihuatanejo (Shasag)
CQN Saturday Naps Competition : WEEK 23 results (17th Jan)
Well done to Pfayr & hashadenough who both napped Baradari @11/2.
A special mention to Gweedore Celt with his FOURTH winner on the spin – (Dodging Bullets @7/2).
Other winners: Rockon (Whispering Harry @11/4), BULL67 (Bitofapuzzle @5/2).
Selections :
16 roads (Twinlight)
21-5-79 (Sumeida)
ABZMike (no selection)
Bada Bing (Land of Vic)
BMCUWP (Twinlight)
BULL67 (Bitofapuzzle)
Burgas Hoops (Green Flag)
Cathal (Ballinvarrig)
Che (Multitask)
Cosy Corner Bhoy (Corrin Wood)
Eurochamps67 (Niceonefrankie)
fleagle1888 (Sprinter Sacre)
green T (Steel River)
Gweedore Celt (Dodging Bullets)
hashadenough (Baradari)
Hotel de Paris (Diamond Charlie)
Jobo Baldie (Cloudy Bob)
leftclicktic (Taajub)
Nye Beavans rebel soldier (Bobcatbilly)
PFayr (Baradari)
Raymac (Lyvius)
Rockon (Whispering Harry)
Som mes que un club (Benbens)
TheBarcaMole (Niceonefrankie)
tommytwiststommyturns (Abracadabra Sivola)
twists n turns (Willem)
voguepunter (Green Flag)
What is the Stars (Clondaw Draft)
Zihuatanejo (Tongie)
CQN Saturday Naps Competition : WEEK 24 results (24th Jan)
Well done to BMCUWP who napped Broadway Symphony@13/2.
Other winners: Raymac (Generous Ransom @6/1), Jobo Baldie (Many Clouds @4/1), Nye Beavans rebel soldier (If in Doubt@4/1), Burgas Hoops (Lightentertainment @7/2), leftclicktic (Maverick Wave @11/4).
Selections :
16 roads (Round Tower)
21-5-79 (AstIgos)
ABZMike (no selection)
Bada Bing (Night in Milan)
BMCUWP (Broadway Symphony)
BULL67 (Dell Arca)
Burgas Hoops (Lightentertainment)
Cathal (Medermit)
Che (Grandads Horse)
Cosy Corner Bhoy (Night in Milan)
Eurochamps67 (Value at Risk)
fleagle1888 (no selection)
green T (Black Thunder)
Gweedore Celt (Robinsforth)
hashadenough (Medermit)
Hotel de Paris (Profile Star)
Jobo Baldie (Many Clouds)
leftclicktic (Maverick Wave)
Nye Beavans rebel soldier (If in Doubt)
PFayr (Upepito)
Raymac (Generous Ransom)
Rockon (Easter Day)
Som mes que un club (Night in Milan)
TheBarcaMole (Night in Milan)
tommytwiststommyturns (Kiama Bay)
twists n turns (Sew on Target)
voguepunter (Thistle Crack)
What is the Stars (Robinsforth)
Zihuatanejo (Renard)
CQN Saturday Naps Competition : WEEK 25 results (31st Jan)
Well done to 21-5-79 who napped Invicta Lake @20/1.
Other winners: BULL67 (With Approval DEAD-HEAT @8/1), Jobo Baldie (Vintage Clouds @2/1).
Selections :
16 roads (Saffron Wells)
21-5-79 (Invicta Lake)
ABZMike (no selection)
Bada Bing (French Opera)
BMCUWP (Irish Saint)
BULL67 (With Approval)
Burgas Hoops (Just a Par)
Cathal (Ely Brown)
Che (no selection)
Cosy Corner Bhoy (Bertie Boru)
Eurochamps67 (French Opera)
fleagle1888 (Festive Affair)
green T (Hughesie)
Gweedore Celt (Imperial Leader)
hashadenough (Kayf Moss)
Hotel de Paris (Cadoudoff)
Jobo Baldie (Vintage Clouds)
leftclicktic (Noble Gift)
Nye Beavans rebel soldier (Irish Saint)
PFayr (Foryourinformation)
Raymac (Junction Fourteen)
Rockon (Theres No Panic)
Som mes que un club (Theres No Panic)
TheBarcaMole (Bertie Boru)
tommytwiststommyturns (Hadrians Approach)
twists n turns (King Massini)
voguepunter (Sir Vinski)
What is the Stars (Lyrical Theatre)
Zihuatanejo (Brigadier Miller)
CQN Saturday Naps Competition : WEEK 26 results (7th Feb)
Well done to Burgas Hoops who napped Barters Hill @10/1.
Other winners: 16 roads (Lilshane @13/2), Som mes que un club (Rouquine Savage @4/1), Rockon (Moulin Rouge @27/10), green t (Blood Cotil @2/1)
Selections :
16 roads (Lilshane)
21-5-79 (Fascino Rustico)
ABZMike (no selection)
Bada Bing (Provo)
BMCUWP (Ballybolley)
BULL67 (Swing Bowler)
Burgas Hoops (Barters Hill)
Cathal (Calipto)
Che (no selection)
Cosy Corner Bhoy (no selection)
Eurochamps67 (Unioniste)
fleagle1888 (Vasco du Ronceray)
green T (Blood Cotil)
Gweedore Celt (Taquin du Seuil)
hashadenough (Merry King)
Hotel de Paris (Pine Creek)
Jobo Baldie (Razor Wind)
leftclicktic (Swing Alone)
Nye Beavans rebel soldier (Jollys Cracked It)
PFayr (Jupiter Rex)
Raymac (Provo)
Rockon (Moulin Rouge)
Som mes que un club (Rouquine Savage)
TheBarcaMole (Swing Bowler)
tommytwiststommyturns (Balgarry)
twists n turns (Arzal)
voguepunter (San Quentin)
What is the Stars (Wicklow Brave)
Zihuatanejo (Jollys Cracked It)
CQN Saturday Naps Competition : WEEK 26 STANDINGS (7th Feb)
+£41.00 TheBarcaMole (5)
+£30.50 Eurochamps67 (10)
+£15.33 Gweedore Celt (7)
+£11.00 Zihuatanejo (3)
+£ 8.13 Che (7)
+£ 5.33 leftclicktic (6)
+£ 4.88 PFayr (6)
+£ 2.20 Nye Beavans rebel soldier (4)
+£ 0.00 21-5-79 (2)
+£ 0.00 BULL67 (5)
-£ 0.68 Burgas Hoops (5)
-£ 0.75 16 roads (3)
-£ 2.50 Bada Bing (4)
-£ 2.50 twists n turns (5)
-£ 4.13 voguepunter (3)
-£ 5.00 tommytwiststommyturns (1)
-£ 7.00 Hotel de Paris (2)
-£ 7.69 green T (6)
-£ 8.00 Raymac (3)
-£ 8.40 Jobo Baldie (5)
-£ 9.50 hashadenough (3)
-£10.00 BMCUWP (2)
-£10.50 Cosy Corner Bhoy (2)
-£11.75 fleagle1888 (3)
-£12.43 Rockon (4)
-£17.25 som mes que un club (2)
-£20.50 Cathal (1)
-£20.52 What is the Stars (2)
Apologies for the lack of updates recently…
Cheers,fleagle1888