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| The All New Sevco Back in Yer Bin Thread; Taking out the trash | |
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| Topic Started: 29 Apr 2018, 04:24 PM (2,086,930 Views) | |
| nakasboots | 7 May 2018, 04:09 PM Post #3321 |
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Off treasure hunting in Holland
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Ffs you're being a bit hard on them? Dave is just waiting to open a bank account, that's all.
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| jim62 | 7 May 2018, 04:12 PM Post #3322 |
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up on the roof!!
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Leaving aside the difficulty of doing a share issue while subject to a TOP ruling as mentioned above They passed a resolution at their AGM allowing about 108 million new shares to be issued Assume they are priced at 25p... “selling “ all 108 million shares raises £27 million However... you then effectively gift shares to the directors who have ponied up loans... deduct £17 million Take away about £1 million in costs Pay back Close Bros £3 million That leaves up to £6 million “raised” in cash after the loans are treated as purchases and converted to shares And that assumes they can “sell” the shares which aren’t just being converted to equity Will Club 1872 be daft enough to use whatever funds they hold to buy shares at that price to stop the share issue immediately diluting the value of what they hold ?? |
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| culchie | 7 May 2018, 04:12 PM Post #3323 |
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Everyone's Fantasy Football first pick
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King working on plan to use 6 mullion from share issue and portly Mohawk money to pay for his offer. Sensible plan. |
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| linlithgowbhoy | 7 May 2018, 04:14 PM Post #3324 |
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Occasional Substitute
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Seem to remember that when Honey G was about to be paraded David Low @Heavidor made some off the wall comment. Would love to know what he was hinting at. He’s usually on the money.
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| markiebhoy7 | 7 May 2018, 04:15 PM Post #3325 |
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No' a snider
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So the banter years are ongoing then? Fuds
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| IndianaBhoy | 7 May 2018, 04:21 PM Post #3326 |
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First-team starter
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Notable short tenures in UK football: Henning Berg - Blackburn (57 days, 2012) Brian Clough – Leeds United (44 days, 1974) Alex McLeish - Nottingham Forest (40 days, 2012) Steve Coppell – Manchester City (33 days, 1996) Steven Gerrard - Sevco (?? days, 2018) |
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| jbj712 | 7 May 2018, 04:23 PM Post #3327 |
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Getting on a bit
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People need to realise that King is good at telling people what they want to hear and as the judge in SA said, he’s a glib and shameless liar. No doubt he sold SG the line about Scottish football being poor, the zombies being better than Murtry was getting from them, that he only had to beat Brendan, that Morelos was like £10M in the bank and that more money was on the way. SG has the ego that says naff this working with U18s or U20s for a few years, I’m SG I can do this no bother! Basically two conmen thinking they can out smart everyone else! SG problem being that King has been conning people for years and is much better at it. He also knows that he has plenty of friends in the media that will excuse him when it all goes pear shaped. My only quibble is that the £6M announcement will give our board the ammo to say that we don’t need to spend too much to see SG off! |
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| atinofbeans | 7 May 2018, 04:23 PM Post #3328 |
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Club Captain
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Missed Jock at Leeds. Also 44 days. |
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| Pussyfoot | 7 May 2018, 04:24 PM Post #3329 |
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À la mode if you will
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The Press Conference was much ado about Banter
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| screwtop | 7 May 2018, 04:24 PM Post #3330 |
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Occasional Substitute
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These bastards really are thick. I blame their schools. |
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| GoKartMozart | 7 May 2018, 04:25 PM Post #3331 |
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Occasional Substitute
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Has he actually signed for them? |
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| jbj712 | 7 May 2018, 04:27 PM Post #3332 |
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Getting on a bit
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Was this event filmed or did Glibby make that one of the conditions of entry, along with the usual,no follow up questions? |
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| bigkev | 7 May 2018, 04:27 PM Post #3333 |
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Retired and now a BT Sports pundit
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The TSB have it at the top of their to do list |
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| lenobhoy | 7 May 2018, 04:27 PM Post #3334 |
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Catch some light and it'll be alright
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I think that's why 2 of them left. Maybe they knew it was all a clustereff anyway and legged it. Would be interesting if one of the journos/hacks got their take on it for a laugh. |
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| CM1975 | 7 May 2018, 04:29 PM Post #3335 |
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Club Captain
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Imagine your wife took up with a gangster and serious threats were made on your well being at the same time your protector has suddenly been removed from the picture. Then a job offer in another country comes up that removes you from harms way and keeps you in the public eye at the same time. Would you be bothered about the finer points of that timely job offer? Edited by CM1975, 7 May 2018, 04:31 PM.
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| TheGloryYears | 7 May 2018, 04:32 PM Post #3336 |
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Retired and now a BT Sports pundit
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He said Stevie G wasn't part of the King circus and there was more to come . Still nae c#nt knows what he meant . |
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| Gothamcelt | 7 May 2018, 04:33 PM Post #3337 |
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Retired and now a BT Sports pundit
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Some good comment form Dave today. "Right now, we don't have a player plan because Steven hasn't really looked at it." "...depends on how many of the players Steven wants to keep. We haven't even discussed it" and on the transfer budget "We don't put figures on that because we can't". Dave King: Share issue to provide Rangers with £6m Spoiler: click to toggle
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| Gothamcelt | 7 May 2018, 04:35 PM Post #3338 |
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Retired and now a BT Sports pundit
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You could always refer him to your bank and receive £100 for getting the bank a new customer. Who's up for that? |
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| El Salto | 7 May 2018, 04:36 PM Post #3339 |
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First-team captain
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So much for the Fenway Group/Ashley/Murray etc Suck it up dobothy, you`re fecked Royally fecked |
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| Luca | 7 May 2018, 04:36 PM Post #3340 |
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Off treasure hunting in Holland
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Has Park resigned yet? |
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Banter
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8:18 AM Jul 11