Rangers International’s advice to shareholders, issued last night, for next week’s General Meeting is legally spot on. They have read the contract but they’re not reading the narrative.
As they say, the club would not be bound to repay the £5m loan from MASH if shareholders vote in favour of doing so. Repaying this loan may not be in the interests of “shareholders as a whole” (I dispute this).
In asserting these views, and winning the vote on the matter, Rangers International will surely not surprise MASH.
When someone as thorough and well-resourced as Mike Ashley puts resolutions in front of you, when his motivations are “not clear to the directors”, you have to consider if you’re in a Rope-a-Dope scenario.
Without knowing anything about Ashley’s plans, I can give you an assurance that he will expect shareholders to vote against his resolution. He is asking for his money and expects this request to be declined. He is also asking searching questions about the events which led to the succession of the current board. I do not expect him to be satisfied with the answer.
The real question is, why has Ashley engineered a scenario where he has made a legitimate request for repayment and been rejected?
If you think next week’s meeting is about winning the vote you could not be more wrong. The cynic would say Ashley wants justification for what he’s about to do next.
Those shares in Rangers Retail Ltd (RRL) which are due to be returned from MASH to Rangers International on repayment of the loan are currently worth 26% of RRL. I wonder if they will be worth more than 0.1% of the company this time next month.
This is a classic Rope-a-Dope. Pay him his money, do it quickly, secure as much of your Intellectual Property as you can, as quickly as you can. This is not a matter for brinksmanship. You stupid, stupid, lemmings are walking off a cliff. Again!
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http://www.eveningtimes.co.uk/mobile/celtic/steven-fletcher-is-the-striker-celtic-want-to-lead-then-into-the-209295n.128062147
Full Fletcher link.
Huge NO from me.
LB
Hooooopy Hawaii birthday to Delaney’s Dunkey!
Cyber doobie to you, my friend.
Good Morning CQN,
News yesterday that FIFA gave a loan to the Football Association of Ireland that didn’t need paid back sounds familiar.
Now where have I where have I heard that tactic used In Scotland……………..
cv
I thought Guidetti was our best striker in 4-2-3-1.
Griffiths is fine if you want someone who’ll score after 5 or 6 attempts, but I thought Guidetti was sharper.
If it was a wage thing, fair enough.
DD. Hoopy birthday pal. You’re the living embodiment of onerous paper rounds.
HH
Sanna
Who goes to Carluccio’s for their morning coffee and croissant? Some guy on my train apparently. He’s just taken this London thing a bit too far.
Hoops birthday DD
Hoopy
Top of the morning to you all from the fair Kingdom of Fife where the weather is fine but clouds threaten rain.
The online petition to: Hold GCC to account on Orangefest – the people of Glasgow say ‘No More!’ has 27,230 signatures and some very good comments.
Please consider signing it here: https://www.change.org/p/labour-led-glasgow-city-council-hold-gcc-to-account-on-orangefest-the-people-of-glasgow-say-no-more?recruiter=59016503&utm_source=share_petition&utm_medium=twitter&utm_campaign=share_twitter_responsive
Happy Birthday Delaneys Dunky
Have a great day :)
up_over_goal
07:41 on 5 June, 2015
I thought Guidetti was our best striker in 4-2-3-1.
Griffiths is fine if you want someone who’ll score after 5 or 6 attempts, but I thought Guidetti was sharper.
———-
Perhaps when he first arrived.
But not for long. And by the end the wee tunnocks tearaway looked the far sharper to me.
HH jamesgang
“Rekord Sport understands that…….
the ranjurs have slapped a big bucks price tag of 500K on Nicky Law and that Huddersfield Town and Yeovil look set to battle it out to capture the light-blue hit-kid with interim caretaker manager and ever-loyal, hun caricature McCall’s phone red-hot with enticing offers for the Asbestox deadwood…………
Meanwhile Celtic have apparently expressed an interest in some obscure scandinavian who claims to have heard of the East End outfit, however Fat Jim has tellt us that Real Madrid, Chelsea and AC Milan are also watching the mercurial bad-boy midfielder……..”
UTLCY.
jamesgang
And by the end the wee tunnocks tearaway looked the far sharper to me.
End of season Celtic always have the edge over the rest as players tire and flimsy strength in depth is exposed.
LG wasn’t awful v Milan – he did his best as Johansen floundered away behind him – but Guidetti came on and changed the game.
Anyway, JG’s oot; that’s done. Seems clear Ronny doesn’t see a lone striker for Europe among any of the current squad.
Fletcher? Not a fan, but he’s more used to playing up front on his own.
Davidopoulos
someone on expenses..
jmccormick
08:03 on 5 June, 2015
Davidopoulos
someone on expenses..
—————————–
Lol probably. I’ll stick to my crapuccino from Pret. That’s an acceptable amount of “London”
Good morning from a beautiful, sunny and warm Berlin.
Its hard to believe there is a CL Final taking place tomorrow. The fans only start arriving late tonight and the Juve ultra buses on the afternoon of the game.
If the Tic were in the Final Berlin would be awash with green and whyte and the locals would have already been converted.
ps Thanks to Battered Bunnet and Barca Bhoy for the forensic analysis of whether Dave King has £20M to burn or not. The fact that he is still crying about the last £20M tells you he will not be stung twice. More pain on the way for Ibrox club.
Would not be surprised to see Lee Wallace and Nicky Law move on. If this happens the value of the playing squad will be on the level of Celtics Ladies Team. Sorry Ghirls.
Scorchio – way down south.
Wee mini bus of Rube fans about to head for the airport ( and Berlin ) from a wee piazza in Sciacca..Wonder if they have noticed that the bookie on the other side of the piazza has reacted to the news that Chiellini is out by upping the odds on a Rube win to 5 /1
Definitely no scorchio down here. The latest explanation for our dreadful weather, I gather, is that the ole Jet Stream has got itself lost.
Hopefully, tomorrow night’s game will improve matters. Mon the Barca(apart from Neymar and Suarez).
Coinkidinkally:
(From @SwedeStats)
John Guidetti talked to Fotbollskanalen about why he left Celtic.
“When i had scored 11 goals in 10 games and joined the national team, i did not get the chance to play.Then I felt that if i stay in Celtic and keep scoring goals and still can’t get into the national team, that would not be good. So i felt that my goals were not counted in the same way as in another league. There are too few ”big games”. In the end i said that i will not stay in the club. After that i did not play. I got the chance to come in from the bench.
“The coach said that we can’t play you, and you keep scoring goals and we build up your value, and then you leave the club. I understand that. But it was hard not to play.”
Carluccio’ s / Shoreditch ?
A ristretto so crap that Mrs S of T refused to pay for it .-
south of tunis
08:19 on 5 June, 2015
Carluccio’ s / Shoreditch ?
A ristretto so crap that Mrs S of T refused to pay for it .-
—————————-
Sums up Shoreditch. You were probably served by hipster with a beard and tattoos anaw…
Rube used the last 2 games of the season to practice how they intended to defend against Barca. The injury to Chiellini has screwed that up..
” It is very bad news but the Mr will sort something out..I don’ t imagine he will ask me to play centre half ”
Andrea Pirlo 4 / 6 / 15.
Hoopy Birthday to DD:-) .Sick to the liquid enjoyment and keep away from things that reach the lungs:-)
For sick read stick. Bloody too early for me.
Happy Birthday DD
Hope you have a great day/ night with your family .
HH
Fletcher? Another Duncan Ferguson. One good season when he was 19 the rest of the time spent doing nothing and blaming lack of goals on poor service.. I would rather take Erwin. Fitter, faster and hungrier.
South Of Tunis @ 08:28
I’m disappointed Chiellini isn’t playing as I was so looking forward to see how he’d handle Suarez, Messi and Neymar.
His semi-final performance was a master-class in defending from someone who possesses little grace but whose iron will more than made up for his lack of finesse.
Big Nan
07:50 on 5 June, 2015
__________________
Petition signed….but,….ah mean….does anybody seriously think that the befouling-racist-hate-filled-orcs will ‘ever’ be stopped from marching…?
What is possible here is….repercussions.
That isny fear of the orcs….it’s concern for the old holy Joe…walking out of mass and….well….or, kids going to or, from mass or, kids going to or, from school…all sitting ducks coz….sumdy didny appreciate the pageantry of the Orange-fest.
There are times in life when….situations have to be swerved.
Why dont yeez all just kid-on that its…the KevJungle-fest and…swerve it…?
Much safer…..dont forget…Tims will ‘always’ be outnumbered by them.
Mr Stein knew how the land lay in this part of the world.
He knew that to stick it right up the hun-establishment….put a Celtic manager in the dug-out who’ll put a team on the pitch who’ll, skelp the huns.
Mr Stein did this to the extent that, the huns rioted and rampaged their way all across Europe and, in games against us….the huns would be on the pitch ‘rioting’….trying to get the game stopped to end their pain.
Mr Stein inflicted so much pain on the huns that….the huns died trying to avenge him!!!
So, remember that ‘we’ are the interlopers in Scotland…it will always be that way.
No person should be subjected to lock-down coz of an Orange Walk….but, dont look at it that way….the more bigoted and, hate-filled that they are is an indication that…we’re winning….as I’m so often told on here….just enjoy their pain.
I was in a Tim pub in Blantyre once when….the walk was going past.
Some folk were taking the bait and getting upset then…one fella piped up…
…”Who cares about them…?….just a lot of old men walking along the road as if they’d shi# their troosers!!!!”
Hahahahahahahahaha-Hohohohohoho-Hehehehehehehe
…..oot.YNWA.
Hoopy Birthday Delaney’s.
HH jamesgang
Old Dick down at Sunderland has apparently been handed a £50M transfer warchest
( Don’t you love that word) to entice him to stay.
And Big VVD is one of his main targets.
Now that we know how much he has, then I’m sure Peter will hold out for a fair whack of that budget, as we are in no hurry to sell.
HH
See we’re linked with Oshaniwa from Asho again, this time hijacking Hearts’s attempts,to sign him. We seem to have been linked with this guy in every window over the last few years.
Happy Hoopy Birthday to you Delaney’s Dunky, have a cracking day…
My morning ristretto and read of the bar’ s Fitba Pink enhanced by the arrival of a very sun burnt tourist couple .
The barrista’ s wean couldn’ t resist a – ” Daddy – why are those people so red ? ” Offered explanation was cos they’ re English ..- Actually Dutch , but Hey Ho.
The petition………….I signed it………can anyone cut’n’paste the comments please?
Morning all and a very happy hoopy birthday to DELANEYS DUNKY.
HH!!
Dad
Happy birthday bud
Enjoy your time with your family
HailHail
Dad.wtf
DD
Cosey corner Bhoy
The grey brigade will be in BV later if you can escape from shopping
Radio Scotlandshire trying it’s best to justify the #orangefest, by asking someone from Edinburgh to give a sitting on a fence point of view,