Podcast Episode 1

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RyanGosling says: February 10, 2014 at 12:50 pm 113 12 Rate This ________________________________________ To be fair …

Comment on Podcast Episode 1 by Resin_lab_dog.

RyanGosling says:
February 10, 2014 at 12:50 pm



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To be fair I think the problem is that ridicule is an appropriate response in the face of ridiculousness.
The TRFC leadership have routinely provided more ammunition than would be polite to ignore in the circumstances.
Those bears that express a balanced opinion – as you yourself have done consistently Ryan – are a boon to the blog and have earned the respect and good wishes of most if not all here.
And as more bears rouse from the complacent slumber they had been enjoying for over a decade, and engage the critical reasoning that they have been conditioned to suppress, the realisations that have been exppressed all along in this forum may progressively dawn on more fans of your club. I expect their opinions on those who have played their parts in wrecking the various embodiments of the Ibrox set up and – far more importantly – damaged to the integrity of the rest of scottish football – will naturally attune more closely to the consensus arrived at here.
They will be welcomed.

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Podcast Episode 1
BigGav says:
February 24, 2014 at 4:09 pm



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Resin_lab_dog says:
February 24, 2014 at 3:37 pm



missed that.
Stand corrected.
Not quite as much a one sided bet as I initially interpreted.
Less fishy.

Podcast Episode 1
neepheid says:
February 24, 2014 at 8:25 am



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So the interest payment is £150,000 for a 6 month loan of £1million? What is the APR on that? Approaching 30% surely? Desperate stuff.

30% minimum. Assumes all money is front loaded on 1st March and repaid 1st september. If capital release is staged and repayemnts happen between now and 1st september, APR becomes stratospheric.

But the real sweetner is the share deal and teh security which de-risks it completely and throws an upside to anyone keen to try and get a controlling interest.
At todays market cap (£18m roughly) this deal potentially gives Easdale and Laxey another 8% of the share equity. But its got a doozy of a no lose clause: If the share price halves between now and 1st september at any point, they’ll get 16% of the equity instead of the 8%. Much better than buying shares today therefore!
Whereas If the share price doubles, they can immediately sell the shares they get come 1st sept and pocket a tidy profit on top of the interest they have already earned.

And if the whole business tanks, they take over the carpark and MP via the floating charge (Guessing that Ibrox is not worth having, tbh).

You know what – even I’d put money in on those terms. Lets not mess around here – I’d mortgage my house to get the money to put in those terms!!!

Podcast Episode 1
Hmm… Language was getting a bit ‘scorchio’ over on channel ‘Boutros Boutros Gali’ it seems…


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
Good stuff!
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.

And Why?

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 
Cheated. (Sorry) 
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.
Economics 101
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. 

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