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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 (2,086,626 Views)
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doyle07
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9 Jun 2018, 03:51 PM
Post #8121
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- Ess
- 9 Jun 2018, 11:58 AM
So 1872 could end up throwing a million pounds in and end up with a lower percentage ? was just thinking, 72 very symbolic for them, founded 1872, awarded cup winners cup in the bogs of the Nou Camp 1972, maybe 2072 rangers V1, finally get a result against us.
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Chalmers
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9 Jun 2018, 04:26 PM
Post #8122
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King’s concert party own about 28m of the 81m issued shares. If they selectively place another (say) 19m to a few other shareholders, this will bring the concert party’s holding down to 28%.
Surely, the Takeover Panel will regard this as mischievous to say the least? The TOP seems to have been doing nothing recently, having ordered King to make an offer over a year ago.
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DhenBhoy
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9 Jun 2018, 04:46 PM
Post #8123
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Everyone's Fantasy Football first pick
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- tomtom
- 9 Jun 2018, 01:21 PM
- DhenBhoy
- 9 Jun 2018, 01:17 PM
- johnbhoy1958
- 9 Jun 2018, 12:51 PM
Quoting limited to 3 levels deep
GLIB and the concert party are prevented (iirc) from participating by the TOP.
So how do they convert their loans into shares? Serious question. I'd assume when King satisfies the TOP and not before.
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DhenBhoy
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9 Jun 2018, 04:48 PM
Post #8124
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Everyone's Fantasy Football first pick
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- Darth Balls
- 9 Jun 2018, 02:14 PM
- DhenBhoy
- 9 Jun 2018, 01:17 PM
- johnbhoy1958
- 9 Jun 2018, 12:51 PM
Quoting limited to 3 levels deep
GLIB and the concert party are prevented (iirc) from participating by the TOP.
so they are unable to convert their loans to equity then That's my understanding of it ...
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DhenBhoy
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9 Jun 2018, 04:52 PM
Post #8125
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Everyone's Fantasy Football first pick
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- tomtom
- 9 Jun 2018, 02:39 PM
- Jim Tim
- 9 Jun 2018, 02:23 PM
- jim62
- 9 Jun 2018, 11:41 AM
To give one example... They could issue new shares to the directors as “ repayment” of their loans....would remove the debt but not add a penny to their capital
My question is why would a director willingly take shares rather than repayment? or an extension of the note? The business is fundamentally struggling and there is no long term prospect of it increasing in value, so surely better to either recoup the cash or maintain a position as a creditor rather than potentially lose it all if they go to the wall again?
It gets the loans off the balance sheet so they appear more solvent than they actually are. Might also have a bearing on the FFP issue. This could be why they are having the drive to raise as much cash now. The Broomloan ST issue, the car park STs, and trying to get a hold of Club 1872's cash.
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DhenBhoy
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9 Jun 2018, 04:58 PM
Post #8126
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Everyone's Fantasy Football first pick
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- Chalmers
- 9 Jun 2018, 04:26 PM
King’s concert party own about 28m of the 81m issued shares. If they selectively place another (say) 19m to a few other shareholders, this will bring the concert party’s holding down to 28%.
Surely, the Takeover Panel will regard this as mischievous to say the least? The TOP seems to have been doing nothing recently, having ordered King to make an offer over a year ago. It wouldn't affect anything related to "King's liability to make an offer for the shares. My understanding the position at the time of the takeover is all that counts.
King would have reduced his share allocation long ago, if it was that simple.
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Darth Balls
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9 Jun 2018, 04:58 PM
Post #8127
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- Chalmers
- 9 Jun 2018, 04:26 PM
King’s concert party own about 28m of the 81m issued shares. If they selectively place another (say) 19m to a few other shareholders, this will bring the concert party’s holding down to 28%.
Surely, the Takeover Panel will regard this as mischievous to say the least? The TOP seems to have been doing nothing recently, having ordered King to make an offer over a year ago. Don't think there is much they can't do that wouldn't hurt the small shreholder
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dazabhoy67
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9 Jun 2018, 08:00 PM
Post #8128
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Off treasure hunting in Holland
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edit - never mind its a family party.
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Gothamcelt
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9 Jun 2018, 08:22 PM
Post #8129
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Retired and now a BT Sports pundit
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- dazabhoy67
- 9 Jun 2018, 08:00 PM
edit - never mind its a family party. Telt...Haw, you, get aff yer phone, it's a family party!
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johnbhoy1958
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9 Jun 2018, 09:25 PM
Post #8130
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Knackered with a Capital F!!!!
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Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
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Hooped_Crusader
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9 Jun 2018, 09:37 PM
Post #8131
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- johnbhoy1958
- 9 Jun 2018, 09:25 PM
Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
Good statement, powerful alliteration in the last sentence.
Delusional dickheads deliberately deceive dobers.
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damosuzuki
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9 Jun 2018, 10:02 PM
Post #8132
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First name on the team-sheet
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- johnbhoy1958
- 9 Jun 2018, 09:25 PM
Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
Nothing wrong with anything this guy says.
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Gothamcelt
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9 Jun 2018, 10:17 PM
Post #8133
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- johnbhoy1958
- 9 Jun 2018, 09:25 PM
Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
A statement with "a scheme of dishonesty, double dealing, duplicity and deception" and Chris Graham.
Nothing of interest otherwise the media would have been all over this would they not?
Chris Jack is the go to guy at ET for publishing all things Club1872. He is forever championing their cause and giving them free advertising, surely he will have something to say about this?
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jim62
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9 Jun 2018, 10:35 PM
Post #8134
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up on the roof!!
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- johnbhoy1958
- 9 Jun 2018, 09:25 PM
Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
If they’re borrowing, how are they repaying it ?
They have no income other than the donations and those donations are not guaranteed
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Oscar Strummer
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9 Jun 2018, 11:17 PM
Post #8135
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The Artist Formerly Known As lubomir25
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- jim62
- 9 Jun 2018, 10:35 PM
- johnbhoy1958
- 9 Jun 2018, 09:25 PM
Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
If they’re borrowing, how are they repaying it ? They have no income other than the donations and those donations are not guaranteed
And who is the lender ?
And what security has been given ?
Etc. etc.
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jbj712
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9 Jun 2018, 11:23 PM
Post #8136
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- Gothamcelt
- 9 Jun 2018, 10:17 PM
- johnbhoy1958
- 9 Jun 2018, 09:25 PM
Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
A statement with "a scheme of dishonesty, double dealing, duplicity and deception" and Chris Graham. Nothing of interest otherwise the media would have been all over this would they not? Chris Jack is the go to guy at ET for publishing all things Club1872. He is forever championing their cause and giving them free advertising, surely he will have something to say about this? God Bless Our Team? sounds a bit Timmy for this bear
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Jas13
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9 Jun 2018, 11:46 PM
Post #8137
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The huns are dead-it's true!!
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Belter of a St Atement with serious alliteration there at the end - all those d's All I could think of was the intro to Wacky Races . . " and sneaking along last is that devilshly diabolical, double-dealing, do-badder Dick Dastardly . . ."
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samscafeamericain
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9 Jun 2018, 11:49 PM
Post #8138
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Retired and now a BT Sports pundit
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- jim62
- 9 Jun 2018, 10:35 PM
- johnbhoy1958
- 9 Jun 2018, 09:25 PM
Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
If they’re borrowing, how are they repaying it ? They have no income other than the donations and those donations are not guaranteed pfffft, from dividends of course
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aldo
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9 Jun 2018, 11:52 PM
Post #8139
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And that's the way we like it...
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- Jas13
- 9 Jun 2018, 11:46 PM
Belter of a St Atement with serious alliteration there at the end - all those d's All I could think of was the intro to Wacky Races . . " and sneaking along last is that devilshly diabolical, double-dealing, do-badder Dick Dastardly . . ." Nailed it!
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Torquemada
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10 Jun 2018, 12:26 AM
Post #8140
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Off treasure hunting in Holland
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- damosuzuki
- 9 Jun 2018, 10:02 PM
- johnbhoy1958
- 9 Jun 2018, 09:25 PM
Sevco website saying Club1872 may have gone behind its members backs & arranged a loan to buy shares without informing them. Spoiler: click to toggle
daviesleftpeg Posted on June 9, 2018
Flimflam, Monkeyshines and Boondoggle
News is reaching us today, via a number of sources, on the topic of Club 1872 and the Rangers share offer. Despite trying various avenues to have the story verified, we have so far been unsuccessful. Whilst we genuinely hope it is not the case, we can only share the story in order that the matter may be cleared up.
Over the past few months, we became increasingly worried about the manner in which Club 1872 were endlessly begging for contributions, one off financial gifts and attempting to raise funding by any means possible. We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals. The obvious use of emotional blackmail was thoroughly distasteful and reeked of desperation.
Today, we are being told that Club 1872, unbeknownst to members, secured funding to participate in the Rangers share issue by way of a loan agreed several weeks ago. If there is any truth in this story, Club 1872 has to make its members fully aware of the loan, its terms and the financial implications therein.
If you are a C1872 member, you have a duty to ask the organisation why, if this is the case, you were not informed. Why were you constantly asked for more contributions when funding was already in place? Why you were duped into thinking funds to buy the shares had yet to be secured? Why you were now being asked to hand over cash from the C1872 projects account to the shares account?
We truly hope this story can be verified as false and that the Directors of Club 1872 have not deceived its members. Many individuals are now spreading this information over social media and it’s a matter that desperately needs cleared up. The fans certainly don’t need to be the victims of any further subterfuge after the goings on of 2012. It would be a thoroughly despicable act should any organisation embark on such a scheme of dishonesty, double dealing, duplicity and deception. Will Club 1872 respond to these latest accusations, or will they remain quiet as they did when questioned over Chris “The Muslim Baiter” Graham’s involvement a few weeks ago?
God Bless Our Team
Nothing wrong with anything this guy says.
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We found it strange and something we might expect, not from an organisation associated with our club or it’s fans, but from our rivals.
Really?
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