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.bbc.co.uk/sport/0/football/32921462
scroll down to thailand
whitedoghunch
Braw :))))))))))))
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS.
Raise a glass to absent friends,please. There’s a few…
I certainly will, Could end up drunk.
WHITEDOGHUNCH
Magic!
OLDTIM67
That made me laugh!
Be merry,that’ll do nicely.
But be as merry as you wanna be!!
Hippo birdie to Delaneys Dunkey.
Enjoy you day pal.
If S Fletcher pulls on the hoops, I will cheer him but I think there is better value out there.
HH
Genoa qualified for next seasons Europa League but will not be competing . They don’ t qualify for the necessary UEFA licence. Their place will be taken by Sampdoria.
afternoon bhoys not football related except its preventing me logging on to cqn :-))
having serious problems with laptop so many adverts I get fed up waiting
have tried adsense to try to help(on advice from (internet) when I look at it its gobbledy gook
opt in and you see what you usually browse when I chose this it told me I was already on this option,opt out you still see adds but not your choice ,
Is there no other alternative?
like turn them off?
HH
Definitely not Tomorrows Anthem in the Square and Compass
Many Happy Returns to Delaney’s Dunkey, have a great day.
Happy Birthday Delaney’s Dunky!
4.20
Happy Hoopy Birthday to Delaney’s Dunkey
have a good one xxxxxxx
and a cyber hug too
HH
new article posted.
ol’tim:
Baku for my sins mate.
Don’t you forget to eat and I’ll see you for a few again soon. But not in Inverness, never again.
Happy burpday to the Dunky….go easy big mhan.hh
https://adblockplus.org/
On that page you might need to select the Browser you use i.e. Firefox, Chrome, Internet Explorer
==> Download to to your download folder ==> once in click the .exe file and that will install the ‘add-on’ / ‘extension’.
Hope that helps.
Dena29
Cannot remember which poster said it but someone advised, if you go onto the Newsnow Celtic page and click on the cqn article, then you arrive at it and bypass the ads.
Haven’t tried it yet myself personally but it may be worth a try?
Jamesgang, Bobbio …etc
Threats from the ‘clique’ in a fit of pique
Grow up! – you all gang-up and ‘dish it out’, but alas you can’t take it.
You DON’T own me, nor this forum.
kitalba
07:21 on 6 June, 2015
And just in case you can’t get enough of them… another petition
Petition to allow safe standing at Celtic Park.