Scottish Football and the case for a Bismarck!

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Long Time Lurker says: Wednesday, April 24, 2013 at 17:44 1 …

Comment on Scottish Football and the case for a Bismarck! by neepheid.

Long Time Lurker says:
Wednesday, April 24, 2013 at 17:44
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TEGF the gift that keeps on giving?

I am beginning to think that in this game of poker it’s time for Mr Whyte to put up or shut up.

If the evidence is compelling why has TGEF not passed instructions to his legal team to go to Court? Of is he wanting to make people sweat it out first?

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Whyte has passed his hand to this Worthington outfit, who have immediately found lawyers to take the case on. That is called upping the ante, I believe, since any negotiated settlement will now have to include paying off those lawyers.

RIFC are now playing poker with the big boys, who appear to be holding 4 aces,and I doubt if all the blazers brogues and aprons in Scotland can get them out of this corner. The fundamental problem is that they really can’t afford all this right now. What lawyers will take them on, and on what terms? They have very little money left by now.

And think of the impact this will have on season ticket sales. Most people who buy a ticket for anything want to know that the event will take place, or failing that, they’ll get their money back. With TRFC, nobody can be confident on either front.

Surely AIM must now suspend trading. Allegations of a false prospectus, a dispute over ownership of all the assets, what more does it take? Of course I expect nothing from the SFA/SFL no matter what comes up- that’s my confidence level in them.

neepheid Also Commented

Scottish Football and the case for a Bismarck!
borussiabeefburg says:
Monday, May 13, 2013 at 09:22

This quote, if true, alarms me

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If true, it is an absolute disgrace. What business do the SFA have getting involved on one side of a boardroon civil war at their beloved club? Outrageous (if true).


Scottish Football and the case for a Bismarck!
bill1903 says:
Friday, May 10, 2013 at 08:30
0 0 Rate This
Neil Lennon now odds on for the Everton job!!!!
Can’t see it myself
No mention of Sally in the betting
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With Corals, Lennon 4/7, Sally 50/1


Scottish Football and the case for a Bismarck!
scapaflow14 says:
Wednesday, May 8, 2013 at 21:23
3 0 Rate This
If the SFA can pre=approve the Man who Would be King, then Mr martin Bain, and, Mr Paul Murray will have nothing to worry about……

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Posted earlier, but worth a look in the context of recent posts. There is more to it than just a blessing from the SFA

http://scotslawthoughts.wordpress.com/2013/05/08/how-section-216-of-the-insolvency-act-could-prevent-the-return-of-dave-king-to-rangers/


Recent Comments by neepheid

The Case for a New SFA.
Warburton recruits another of the Brentford backroom boys-

http://www.dailyrecord.co.uk/sport/football/football-news/rangers-make-another-hire-appoint-6661188

Looks like “Moneyball” is coming to Scotland with this one. And is there anyone left at Brentford- apart from former Ibrox Wonderkid Lewis Macleod?


Scottish Football: An Honest Game, Honestly Governed?
http://www.scotzine.com/2014/02/is-dave-kings-scaremongering-part-of-a-long-term-plan-to-buy-club-on-cheap/

Just saw this after my previous post. It sort of ties in with my own thoughts on where this is going.


Scottish Football: An Honest Game, Honestly Governed?
I see that the RIFC share price has been on an upward trend for a few weeks now, it has reached 30p today from a low of 24p, admittedly on thin trading.

Am I being too cynical in thinking that the share price reflects the improved chances of RIFC getting rid of TRFC once and for all, while retaining the properties? If that can be done, and soon, then the shares look cheap at 30p. If it isn’t done, then all the future holds for the shares is dilution, as cash calls are made to keep TRFC afloat.

I think the market believes the football side is about to be ditched. I can’t make sense of a rising share price otherwise.


Podcast Episode 2 – Stuart Cosgrove
The Wallace statement just confirms for me that in business terms he is a lightweight, and that he is totally out of his depth in the Ibrox snakepit. Loads of words to say nothing- why not take the opportunity to answer King’s questions? The fact that he doesn’t confirm that the properties are unencumbered, for example, just invites the conclusion that they are, in fact, encumbered. To my simple way of thinking, anyway.


Podcast Episode 2 – Stuart Cosgrove
andy graham (@andygraham66) says:
Thursday, February 27, 2014 at 14:10

Sorry, I have just found the link within your post. Here it is anyway-

http://www.unionoffans.org/statements/2014/2/27/union-of-fans-statement-270214


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