Comment on Armageddon? What Armageddon? by Resin_lab_dog.
June 16, 2014 at 3:35 pm
June 16, 2014 at 2:44 pm
It will be expensive to fire Super Ally (over £1 Million).
Think of it as an investment. Offset it against additional cup revenue that could result from having someone with a scooby , and it doesn’t look too bad. And thats before you factor in the transfer fees that could result from having some player development instead of the reverse. He’s going to have to be paid this money anyway if they stay a going concern. So why let him mess things up any longer than you have to if solvency is going to be maintained?
Ally getting the boot therefore would have to be seen as a massive positive for the Ibrox club going forward w.r.t. keeping the show on the road.
Also, many bears want to watch football, not ‘hoof it up the park’, so better product -even done more cheaply – on the park may mean bums on seats.
Turn the clock back 18months and £10million to be shot of McCoist would look like money well spent.
Now if it was me, I’d offer him shares in his beloved club 🙂 in lieu of cash… and keep it all sweet 😉 I mean, the man never even read his employment contract apparently 🙄 , so I doubt very much he’d worry too much about any disapplication of pre-emption rights that followed 😈
(There is an expression we scientists use when disposing of small amounts of moderately noxious substances which springs to mind here: ‘Dilute copiously to waste!’)
The DoF roll is basically being created to wrest McCoist’s sticky paws from the footballing helm in any case, so if he stays on it will only be as a figurehead / lightning rod for the dissatisfaction of the fans, or elsde because there is still a real risk of insolvency in which case he could be binned cheaply leaving more dosh for the spivs to extract.
Resin_lab_dog Also Commented
Armageddon? What Armageddon?
ohn Clark says:
June 15, 2014 at 10:32 am
June 15, 2014 at 9:44 am
‘“The BBC has learned former Rangers chief executive Charles Green is seeking financial support to launch a new bid for control of the Ibrox club.”
There are all kinds of earthy expressions that spring to mind,for example dogs visiting their vomit, flies round sh..e, moths flying close to the flame, that would nicely describe CG’s further involvement.
Natural born recidivists fill our jails, and the business world appears to have many such types.And some businesses seem to attract more than their fair share!
This has all gone a bit Monty Python now.
I am confused:
1. A great biq terrifying tyrannosaurus squirrelus with the bushiest tail ever.
2. An attempt by the current board to telegraph to the bears how much worse it could get if they don’t get back into line/ how bad the coming austerity isn’t compared to what they could be getting
3. An attempt to get the bears to throw in the towel and walk away so that the club can be MVL’d and the property cashed in.
4. A genuine attempt by the generously manually proportioned one to get back so he can try to bury a few more of the bodies/ cover a few more of the tracks / shred a few surplus documents.
5. just another signal among many of the unmitigated spirit of ‘situation FUBAR’ that has possessed Edmiston Drive with no sign of let up. Expect more B movie Horror elements to follow (Bloodsuckers. zombies, barking, howling, Aimless lurching (mostly on field, that one!), and bizarre plot twists set against a backdrop of anachronistic social context, the contrivance of opulence… strung together with haphazard editing and low production values: in fact all the makings of a 1960’s Hammer are already there… except of course, entertainment! If anyone wants me I’ll be hiding behind the sofa!)
6. All of the above.
Armageddon? What Armageddon?
June 12, 2014 at 1:43 pm
Phil, when I heard about the Rights issue, I thought I could see the sense in it for the current ‘owners’ i.e. Laxey apparently being the main drivers of this/most likely purchasers, as it would increase their level of control if other existing shareholders chose NOT to invest further. If they ARE in it for the property, this would make sense.
I can’t see how a share issue where anyone can buy – including DK if he wishes – helps the current ‘owners’. Is it that the money situation is so dire that they’ll put up with the likes of King buying in? His ‘back where we belong’ rhetoric is surely at odds with the austerity with which you say they hope to tempt other investment. Or are they so sure that King can’t/won’t invest that a share issue is safe? I can’t come up with a reason for a share issue that might lessen their control.
You seriously expect DK to ‘put up’?
Let’s assume he is actually on the level with any intention of ponying up.
Let’s assume he can access his funds out of SA.
If no one else subscribes his £8m won’t get him enough holding to call the shots on his own.
DK wants to invest to avoid austerity.
But austerity is the only realistic option now.
He wants to give TRFC a £50m warchest…made up of OPM… other people money.
But ‘ra other peepil’ don’t have £50m. That money isn’t there. It never was. There is a reason they went up in smoke with debts of £100m plus.
So DK would invest his millions to watch it being used to shut MP and pay off Ally and his band of featherbedded also-rans?
Armageddon? What Armageddon?
June 11, 2014 at 5:45 pm
June 11, 2014 at 4:51 pm
51 weeks and it’s over. Hearts are now officially out of administration. 😛
….and now the hard work starts.
Great news and an excellent sense of perspective EJ. I have written to FOH with our best wishes and an invitation for a representative to speak to Big Pink for a future Podcast.
Be interesting to hear and see the broad direction of the maroon roadmap.
🙂 😀 😎
And a chapeau to Bryan Jackson is probably in order.
Acted in the best interests of the creditors at all times.
And yet still enabled the club to be saved from liquidation.
Contrast his actions with the pantomime presided over by Duff and Duffer.
Recent Comments by Resin_lab_dog
The Offline Game
Here’s why the TOG report should desperately concern every fan of Scottish football. Here is why this is not some Celtic obsession.Let’s (for the sake of argument) leave the events of 2012 behind us and all move on together arm in arm with a spirit of cameraderie and good natured competition, come one, come all, TRFC fans and allcomers… hail fellows well met…Wind forward a few months to April 2017. Its been a mixed season on the park for TRFC and a very bad one off it. Legal bills, unforeseen costs and some straw breaks teh camel back. Another insolvency looms, but the board so thi scoming and a CVA looks possible this time.o among us has any confidence that our administrators would act without fear or favourIt could happen. But… oops… an insolvency means a points deduction. And a points deduction might mean relegation. Who upon reading the TOG report could have any confidence that our adminsitrators would not intervene unfairly to prevent such an occurrence?Who among us (CFC fans probably excepted by virtue of league strength) can be sure that it would not be our club – who played by the rules that should apply equally to all – that was unfairly relegated instead? Why would I turn up for an alleged sporting contest where this very possibility was even countenanced?Not I!
The Offline Game
I’m still catching up after an enforced absence due to family circumstances, but glad to be able to get back to this.
And so – in summary – where do we find ourselves today?
Well to buy a ST – or even a match ticket, or not? That is the salient question.
And the answer is – for me – overwhelmingly : Not.
The game is conspicuously rigged. And rigged by the very people who were charged with keeping it honest.
And we are being kept in ignorance of this fact.
And Kept in ignorance by the actions of the very people who should be charged with keeping us informed.
Its all gone a bit North Korea in Scottish football.
So its perhaps not surprising that fans like me will be ‘heading South’ so to speak.
Shame. There’s alot to like about ICTFC.
If they could only find an honest league to play in, things would be rosy indeed!
Whose assets are they anyway?
There is a way forward.
A new rangers logo.
An rfc crest
That would circumvent the mash ip issue, reconcile Scottish football.
It’s not the desire to punish former rfc fans (hail fellow John james, well met) that motivates me. There but for the grace of God and all that. No time for the knuckle draggers. But without a blatant nod in the direction of the cheating that was tolerated hitherto, games a bogey for all of us. We are here to compete against ranjurs. On a level playing field. We lose fair and square so be it. But when you tilt the park until you are sure to win, as you did for a decade, be sure to keep your nadgers out of range! We are not kicking you when you are down. We are pulling you by your exposed scrotum back into the real world from a mental illness that had consumed you and hurt us. The appropriate response is gratitude. Hint.
The Case for a New SFA.
Viz top tip:
Are you a Scottish sports journalist or fan of Ibrox club struggling to understand the meaning of the word “liquidation”?
Simply Google ” Redcar steelworks”.
Then grow a pair.
And stop insulting the intelligence of everyone else in the world and spare a thought for some genuine victims who were not the architects of their own downfall.
The Case for a New SFA.
EPL pricing out fans.
It Will not end well.
Addicted die hard fans are already deserting the Bollinger of Stamford bridge for the Buckie of lower league outfits. Have you seen the price of an EPL season ticket?
And all it takes is one EU or TTIP legal challenge and TV money is vapour!
And what does that leave?
Unpaid bills and dishonoured contracts.