It’s a pity he can’t sue that fat lady's front bottom Somners for the legal costsWonder how much this has cost Mr king.
It’s a pity he can’t sue that fat lady's front bottom Somners for the legal costsWonder how much this has cost Mr king.
Can someone please explain this as though explaining it to child please?
They too were ripped of by Chuckles. I think they paid the full 70p per share.
So they paid £3,679,277 for their shares I find that hard to believe.
The takeover panel were just as corrupt as the legal system here. They knew it would fail yet played the game to drain us of resources.
They bought at the full price at the initial share issue. I think that was around 2m shares though happy to be corrected. Thereafter they substantially increased their shareholding at various prices. 100k shares in 2013 at a reported 44p and then over 1.25m shares in 2014 at the same 20p as Kings offer.
https://www.express.co.uk/sport/football/514873/Sandy-Easdale-share-Rangers-Ibrox
Followed by another 1m or so in early 2015 but no price quoted, you’d guess it would again be around the 20p-30p mark.
https://www.theguardian.com/football/2015/jan/20/rangers-sandy-easdale-buys-1m-shares
I think they ended up with about 6.5m shares between them.
The takeover panel were just as corrupt as the legal system here. They knew it would fail yet played the game to drain us of resources.
Share issue anyone??
Let's dilute the easdales shares yet again
Pair of fat wankers.
Apart from suing fans and laughing while our club was being run into the ground? Seriously ffs!If they paid 70p a share then we shouldn't be too harsh on them ( I was surprised they paid the full whack btw)...they chose the wrong side obviously........but maybe we shouldn't vilify them so much
Questions asked of who?Taking a step back do we know who pays for what we all knew was a waste of time by the take over panel?
The tax payer like you and I?
If so questions need to be asked?
I'm convinced celtic have people in their marketing/social media departments infiltrating and posting on neutral fan forums to talk shite about us. There's so many it's absurd.The Hearts forum Jambos Kickback will have all the answers you need. If you think the mhanks are obsessed you want to have a look at these feckers. Here is a wee snippet from one of their posters.
I attended the contempt hearing in which King was called as a witness. After the hearing ended I spoke to two of the TOP witnesses and asked them about the gerrymandering that King had achieved with the timing of the share placement. They accepted what I said but said that they had no powers (or desire) within the code to either prevent the share placement, or the CP participation (as long as their percentage didn't go up). I believed that they were sympathetic to the shareholders who might not be able to sell and the probability of their holdings being further diluted in the future, but there was nothing that they could do within the terms of the code.
The only avenue for further reparation that I can see is if someone like Sandy Easdale goes to court and demonstrates that he has been disadvantaged by King's prevarication over making the offer. I have no idea if such an action has any chance of success.
From memory they paid on average c 35p per share.They bought at the full price at the initial share issue. I think that was around 2m shares though happy to be corrected. Thereafter they substantially increased their shareholding at various prices. 100k shares in 2013 at a reported 44p and then over 1.25m shares in 2014 at the same 20p as Kings offer.
https://www.express.co.uk/sport/football/514873/Sandy-Easdale-share-Rangers-Ibrox
Followed by another 1m or so in early 2015 but no price quoted, you’d guess it would again be around the 20p-30p mark.
https://www.theguardian.com/football/2015/jan/20/rangers-sandy-easdale-buys-1m-shares
I think they ended up with about 6.5m shares between them.
No it couldn’t.Could be an idea
To you m8 and everyone that replied to my post in the negative. It was only an idea, and I certainly wasn’t advocating padding the pockets of the people who almost ruined our club. I saw the statement they wanted out and were ready to sell their shares and club 1872 have the goal of increasing their shareholding. I wasn’t aware of any imminent share issue and stand corrected on that point.No that’s the last thing they should do. They should wait for further share offers so the money goes to the club and let the fat cunts watch their ‘investment’ dilute over the years
That’s a reeking poet if I ever smelt one.The Hearts forum Jambos Kickback will have all the answers you need. If you think the mhanks are obsessed you want to have a look at these feckers. Here is a wee snippet from one of their posters.
I attended the contempt hearing in which King was called as a witness. After the hearing ended I spoke to two of the TOP witnesses and asked them about the gerrymandering that King had achieved with the timing of the share placement. They accepted what I said but said that they had no powers (or desire) within the code to either prevent the share placement, or the CP participation (as long as their percentage didn't go up). I believed that they were sympathetic to the shareholders who might not be able to sell and the probability of their holdings being further diluted in the future, but there was nothing that they could do within the terms of the code.
The only avenue for further reparation that I can see is if someone like Sandy Easdale goes to court and demonstrates that he has been disadvantaged by King's prevarication over making the offer. I have no idea if such an action has any chance of success.
I am as certain as I can be that Steven Gerrard would never have come to Rangers if he did not believe that he would get the resources soon that he needs to be the huge success he will turn out to be.
He is a realistic man and understands that it will take a little bit of time but he is learning his trade as he goes.
Can you imagine in 18 months to two years time him being able to buy players worth £30m.
FAILED TAKEOVER
Rangers chairman Dave King’s £8million club shares offer FAILS after knock-back from Ally McCoist and fan group Club 1872
The Ibrox chief finally lodged an offer to buy the shares last month, but he did not clinch the 50 per cent minimum stake by today's deadline.....
It’s amazing that this failure, is in fact a monumental success and was always going to be the outcome. I genuinely didn’t think it possible to warp this story into yet another negative story relating to The Famous. Anyone outwith the West of Scotland goldfish bowl would read this and automatically think the Gers supporter have somehow rallied against the Chairman when that is far from the truth. ‘Riddle me this, riddle me that’ the strangle hold on the MSM is without doubt riddled with an anti Rangers agenda.
in charge of poor peoples pensions now, hopefully he dies on his next pie tooWhere is that turkey necked, David Sommers these days?
No they should not. Dilute their value. Wigs deserve a harsh financial lesson.Club 1872 should make the Easdale’s an offer for them. After all they’ve publically said they want out
They didn't block our last share issue. Without the resolution 11 share issue going ahead DK's offer would almost certainly have reached the threshold for acceptance.The takeover panel were just as corrupt as the legal system here. They knew it would fail yet played the game to drain us of resources.
offer them nothing and let them watch what they had become worthless with the next share issue and as the years go past they will know how we fealt when they tried to destroy us.The easdales will be fitted as they wanted out and they know that they have no power anymore.
Club 1872 should offer them half what king offered.
One pence per share.Club 1872 should make the Easdale’s an offer for them. After all they’ve publically said they want out
Which particular part, Manfred?
No institution will buy their shares. Institutional buyers tend to buy listed shares.If easedales were going to accept 20p and the shares are worth more,
Would that be a good investment for an institution to purchase them?
Glad this issue is out of the way.
It actually got alot closer to the 50% than I was expecting.
Would the offer have been accepted if it wasn't for the extra shares issued last year or were they not included in this.
Yes and I failed to loss £50 in the bookies earlier and had to leave with £176 what I shut failure if a day I'm having, now if Rangers fail to lose it draw today .Strange title by the Herald. "Dave King Fails".
In that case, I failed to get knocked down by a bus when crossing the road earlier.
The while thing please.
Don’t be so pessimistic because we will get big number investment when all is clearImagining it is all we’ll be doing.
offer them nothing and let them watch what they had become worthless with the next share issue and as the years go past they will know how we fealt when they tried to destroy us.
It’s a pity Somers doesn’t die of a broken heart.It’s a pity he can’t sue that fat lady's front bottom Somners for the legal costs