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RE: RIFC - Fredstersafool - 09-09-2014
So Rangers could just spend the lot leaving Ahmad with nothing to get ring-fenced therefore the appeal would be pointless??
RE: RIFC - Trusevich - 09-09-2014
No Fred, they can't do that.
I think Ahmad and Rangers have come to some sort of agreement concerning the Share Option deadline on Friday. i.e., "Haud yer wheesht, Imran, at least until we get cleared funds in after Friday and we'll set aside some dough for yer case then."
Edit: In plain English - the funds are not ring-fenced currently, but they will be when there's enough in the bank so that it doesn't affect day-to-day running of the club.
RE: RIFC - TIN TIN - 09-09-2014
In plain English- oh yes they are.
RE: RIFC - Fredstersafool - 09-09-2014
You'll find Trus has a way of contorting the facts Tin Tin.
RE: RIFC - Trusevich - 09-09-2014
Not going to argue with you. Believe what you want.
You'll need to explain to yourself Lord Stewart's statement today though.
RE: RIFC - TIN TIN - 09-09-2014
Fully understand it thank you very much. All he has done is grant the " right to appeal". Rangers are still legally obliged to have the cash set aside- ringfenced, I believe is what that is called.
RE: RIFC - Trusevich - 09-09-2014
Not sure you fully understand it at all: -
Quote:He also urged Rangers to come to a deal with Ahmad over security for the sum while the sides wait for the case to return to court.
The warrant freezing the cash has also been lifted while a date for the appeal is set.
RE: RIFC - TIN TIN - 10-09-2014
THe cash strapped Ibrox outfit have been granted " leave of appeal" against the decision to freeze £ 620000 of their assets.
However, an appeal might not be heard until November and with the money STILL FROZEN, it leaves the club struggling to make payroll on September 25 with emergency funds of £ 4 million being sought in a share issue.
RE: RIFC - Trusevich - 10-09-2014
Aye, very good. Why has the warrant been lifted then?
The source of your wee quote is Gary Ralston, of the Daily Retard. I'm not surprised in the slightest that he gets it wrong. I'm more surprised that you clamour to support his views unquestionably.
RE: RIFC - Fredstersafool - 10-09-2014
Tin Tin the more you post the more you'll get to realise Trus is a serial denialist,he still thinks The Rangers are the same club that died in 2012 and that liquidation never happened etc.