SFM Podcast #6: Dave King & Oldco

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Bayview Gold 25th September 2015 at 3:22 pm =================================== To a layman …

Comment on SFM Podcast #6: Dave King & Oldco by upthehoops.

Bayview Gold 25th September 2015 at 3:22 pm
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To a layman like myself the best option would be for a completely new club to be formed and groundshare with Queens Park. Forget the claim to all previous honours – they still stand anyway, they just don’t get added to. Take the spirit of Rangers to the completely new club and kiss goodbye to the various fly-by-night’s and chancers forever. I’m sure the SFA would accommodate this idea.

Too simple, or will circumstances possibly force this anyway?

upthehoops Also Commented

SFM Podcast #6: Dave King & Oldco
Trisidium 25th September 2015 at 12:47 am #

As was indicated today in a bid to steal my thunder, we have managed at last to obtain premises. The ample sized office is in a row of Victorian Townhouses in The Charing Cross area of Glasgow.
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Forgive me this observation Tris, but premises like that have a very SFA feel to them 🙂


SFM Podcast #6: Dave King & Oldco
One for our legal eagles. In terms of a defendant receiving a fair trial, do the Prosecution Service monitor newspaper reporting regarding upcoming cases or must there be a complaint? In the same context as a fair trial for the defendant, I’m guessing the Crown’s case receives the same protection.

In my view the penny is now dropping with many that the potential consequences for the present Rangers over this court case could be quite horrendous. Notwithstanding what may happen to the assets, there is now the possibility of crippling legal bills as well. All of this would leave the football operations seriously hamstrung.

I will say no more in case the mods descend on me from a great height!


SFM Podcast #6: Dave King & Oldco
Homunculus 23rd September 2015 at 7:33 pm #

I thought the same when I heard about this myself nawlite.

I don’t think “half-season” tickets are that unusual, however it’s the first time I have heard of one being sold so early.

Like you I believe it is probably a sign of cash flow issues.

I think people considering the purchase should realise that something like 20 – 25% of the home games have already been played. So it’s not really a discount per se, or not much of one.
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Half season tickets are common place throughout the game. Three quarters season tickets are not! As for cash flow issues the support and many in the media happily blether among themselves about how much will be spent next season. Who can blame them when the Chairman said not so long ago Rangers finances are the envy of world football!


Recent Comments by upthehoops

It Is Better To Offer No Excuse Than A Bad One
ALLYJAMBOJANUARY 2, 2018 at 11:07

Wow! I know we are not meant to put much store on the thumbs up or down, but two people have given thumbs down to this post! Who on earth could find fault with a post respecting the dead from the Ibrox disaster?

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A bit puzzled at the thumbs down myself A.J, but there’s nowt queerer than folk as they say!


It Is Better To Offer No Excuse Than A Bad One
On this day in 1971, the Ibrox disaster happened during a Rangers v Celtic game at Ibrox. 66 fans died in a crush. Some of us remember that day, some of us may even have been there, while some of us would not even be on this earth at the time. 

We are all football fans. Nobody should go to a football match and never return home. Rest in Peace.


It Is Better To Offer No Excuse Than A Bad One
CLUSTER ONEJANUARY 1, 2018 at 19:27

“If they move out of Hampden, the SFA are in danger of leaving themselves hostages to Rangers and Celtic,” said Queen’s Park president Alan Hutchison.

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I am a Celtic shareholder and if it was up to me (which it is not), I would tell the SFA here and now that Celtic Park is unavailable for any future fixture.  However I know that will not happen, but I doubt there is anything they could do to force Celtic to allow them use of the stadium.  


It Is Better To Offer No Excuse Than A Bad One
ALLYJAMBOJANUARY 1, 2018 at 12:18

I see, too, that PMGB is issuing challenges, in two posts, to the Ibrox based boards to issue denials of what he is telling us.

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I see it is alleged £800k is owed to suppliers. In my view unless any of it is due to a financial behemoth such as one of the big six energy suppliers, then we are unlikely to see any winding up requests heading towards court. It simply wouldn’t be worth the risk for any small supplier in Scotland to do that. Having said that I find it remarkable anyone is willing to extend them any sort of credit at all, or are they worried about the bully boys on that score as well?

I’m sure the SFA will want to satisfy themselves all is well though. I am also sure a herd of pink elephants takes off from Glasgow Airport at 20:00hrs tonight with the moon as their destination.


It Is Better To Offer No Excuse Than A Bad One
Phil McG alleging a surveyor has recently visited Rangers training ground to attain a valuation, and that King has also approached a non-Uk Finance House. As Phil says this may well be King raising funds to make a share offer, but IMO it could be to raise working capital too. 


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