Tarzan Trombone
Well-known member
must be a shoe in for jimmy calderwood surelyHeard that the Huns approached Martindale from Livvy to be their new manager
must be a shoe in for jimmy calderwood surelyHeard that the Huns approached Martindale from Livvy to be their new manager
A lot of the window lickers on FF are saying it's Alex Neil (and they're not best pleased about it)Heard that the Huns approached Martindale from Livvy to be their new manager
Superb & the Violinists arny bad either!!Rumour is they havent kept up on the payment plan on their mowers so they have been repossessed.
The first cut is the deepest baby i know
A lot of the window lickers on FF are saying it's Alex Neil (and they're not best pleased about it)
Fucking shit myself when I was having a wee keek over there, some bugger called Top Cat is using my avatar! I thought it was me for a second!!
Apologies about the length of the post but when you see its the words of the glib and shameful King I am sure it will be of no surprise to anyone the nonsense he talks to allegedly clear things up. If anyone can be bothered here is his full statement.
Dave King's full detailed statement on Ā£5million loan
FORMER Rangers chairman Dave King has moved to clarify the details surrounding his Ā£5million Ibrox loan.(Loud laughter) the
Rangers posted a loss of Ā£23.5million in the latest accounts for RIFC plc that were revealed on Friday morning.
They confirmed that a Ā£5million loan had been repaid, plus interest, as the Rangers stated: "This has been progressed further since 30th June with additional investment from our investor base to support the funding needs of the Club, including the repayment of Dave Kingās Ā£5m loan plus interest of Ā£832k on that loan."
King has now detailed the circumstances surrounding that cash facility and, in a statement released on Tuesday, said: "It has been brought to my attention that there is confusion regarding the Clubās recent incorrect statement that a loan plus interest was repaid to āDave Kingā.
"There are concerns that this was a previously unreported loan that had somehow compromised Rangers present financial position.
"In addition, I was also forwarded two very similarly worded Club linked media posts that queried whether interest should have been paid on the loan.
"Having been asked to clarify the true position, I have decided that the general release of a statement is the best way for me to do this.
"The loan that was incorrectly attributed (in the June 2021 financial results presentation) as having been paid to me personally is the original loan that was provided by Laird (a company in my family trust structure) shortly before I announced my intention to step down as Rangers Chairman at the AGM in November 2019.
"I disclosed Lairdās loan during my Chairmanās statement at that AGM.
"When seeking approval from the SA authorities, the Club worked with my accountant in SA to provide all the financial information required to support such a loan and the RIFC Board authorised it on the terms that were ultimately approved by the SA authorities.
"At the AGM in 2019, I expressed regret that the authorities in SA would not allow this much needed loan to be made without it attracting a market-related interest rate - but I was pleased that it was granted on an unsecured basis.
"The dramas of the David Murray/Craig Whyte/Mike Ashley eras had most damagingly exposed why the āownersā of the Club at any time should never use the Clubās assets to secure their own investment.
"That ultimately leaves the real risk with the supporters.
"I was determined that would never happen under my watch and was glad that my fellow directors (at that time) agreed with me.
"I explained at the AGM that my regret at interest being paid was that it went completely against the undertakings given by me and my fellow directors (at regime change) not to take director fees and not to receive interest or take security for loans provided to the Club.
"The hardened position of the SA authorities to investment in the Club reinforced the timing of my decision to step down.
"I had achieved my personal objective of removing the Club from its state of crisis and it had become in the best interest of the Club to be guided by individuals in the UK who, I thought, were capable of taking the Club forward in a normalized manner (covid had not yet happened) and who were willing and able to continue to provide any funds that might be required on an unsecured and interest free basis- and thereby honouring the commitment that we collectively made to supporters and shareholders.
"At the Clubās request, the Laird loan that I disclosed was only payable after two years and, indeed, was repaid to Laird a little more than a week ago.
"This is long after the year-end that the Club recently reported on and had no impact whatsoever on the Clubās performance.
"The payment, including agreed interest, had been recognized in all cash forecasting throughout the prior two years and consequently had no impact whatsoever on the Clubās anticipated financial position.
"Shortly before the payment was due to Laird, I was approached to consider an extension of the loan period to assist with the future funding of the Club.
"I advised that it was too late to get approval from the SA authorities to extend the upcoming due date but that I was happy to make application for a new loan - but would require the latest financials for submission.
"I also confirmed that I expected that interest would still be required by the authorities.
"The Club never took me up on this offer, which is completely understandable given that Douglas and John have again reconfirmed their prior commitments (as I understand it) to providing unsecured interest free loans.
"It is essential for supporterās trust that the commitments made at regime change are never abandoned by those that gave them and it is for that reason that I have made this statement to clarify my own position.
"On a final note, unless I leave the wrong impression, it is only the directors at the time of regime change that I consider bound to provide interest free unsecured loans.
"That commitment can in no way be binding on those that came thereafter unless they specifically committed as such.
"I state this because I was approached last year by the Club to grant permission for loans to be made against the security of Club property- which I understood to be a requirement for certain new director loans.
"My permission was required because the SA authorities only agreed to the Laird loan being unsecured on condition that no subsequent lender could get better terms.
"I refused to even countenance such a request as I considered it against the spirit of everything I had committed to supporters.
"Now that the Laird loan has been repaid the present Board is free to make its own decisions on using Club property as security.
He could basically have said "It wisnae me and when it all goes tits up again " it wisnae me it was they bad men I left in charge who tried to tap me up again. Oh and I didnae secure any loans against the new clubs assets but you better watch oot cause that's what they might just dae noo I'm naw there. Concominant or what Dodgy Dave ?
Apologies about the length of the post but when you see its the words of the glib and shameful King I am sure it will be of no surprise to anyone the nonsense he talks to allegedly clear things up. If anyone can be bothered here is his full statement.
Dave King's full detailed statement on Ā£5million loan
FORMER Rangers chairman Dave King has moved to clarify the details surrounding his Ā£5million Ibrox loan.(Loud laughter) the
Rangers posted a loss of Ā£23.5million in the latest accounts for RIFC plc that were revealed on Friday morning.
They confirmed that a Ā£5million loan had been repaid, plus interest, as the Rangers stated: "This has been progressed further since 30th June with additional investment from our investor base to support the funding needs of the Club, including the repayment of Dave Kingās Ā£5m loan plus interest of Ā£832k on that loan."
King has now detailed the circumstances surrounding that cash facility and, in a statement released on Tuesday, said: "It has been brought to my attention that there is confusion regarding the Clubās recent incorrect statement that a loan plus interest was repaid to āDave Kingā.
"There are concerns that this was a previously unreported loan that had somehow compromised Rangers present financial position.
"In addition, I was also forwarded two very similarly worded Club linked media posts that queried whether interest should have been paid on the loan.
"Having been asked to clarify the true position, I have decided that the general release of a statement is the best way for me to do this.
"The loan that was incorrectly attributed (in the June 2021 financial results presentation) as having been paid to me personally is the original loan that was provided by Laird (a company in my family trust structure) shortly before I announced my intention to step down as Rangers Chairman at the AGM in November 2019.
"I disclosed Lairdās loan during my Chairmanās statement at that AGM.
"When seeking approval from the SA authorities, the Club worked with my accountant in SA to provide all the financial information required to support such a loan and the RIFC Board authorised it on the terms that were ultimately approved by the SA authorities.
"At the AGM in 2019, I expressed regret that the authorities in SA would not allow this much needed loan to be made without it attracting a market-related interest rate - but I was pleased that it was granted on an unsecured basis.
"The dramas of the David Murray/Craig Whyte/Mike Ashley eras had most damagingly exposed why the āownersā of the Club at any time should never use the Clubās assets to secure their own investment.
"That ultimately leaves the real risk with the supporters.
"I was determined that would never happen under my watch and was glad that my fellow directors (at that time) agreed with me.
"I explained at the AGM that my regret at interest being paid was that it went completely against the undertakings given by me and my fellow directors (at regime change) not to take director fees and not to receive interest or take security for loans provided to the Club.
"The hardened position of the SA authorities to investment in the Club reinforced the timing of my decision to step down.
"I had achieved my personal objective of removing the Club from its state of crisis and it had become in the best interest of the Club to be guided by individuals in the UK who, I thought, were capable of taking the Club forward in a normalized manner (covid had not yet happened) and who were willing and able to continue to provide any funds that might be required on an unsecured and interest free basis- and thereby honouring the commitment that we collectively made to supporters and shareholders.
"At the Clubās request, the Laird loan that I disclosed was only payable after two years and, indeed, was repaid to Laird a little more than a week ago.
"This is long after the year-end that the Club recently reported on and had no impact whatsoever on the Clubās performance.
"The payment, including agreed interest, had been recognized in all cash forecasting throughout the prior two years and consequently had no impact whatsoever on the Clubās anticipated financial position.
"Shortly before the payment was due to Laird, I was approached to consider an extension of the loan period to assist with the future funding of the Club.
"I advised that it was too late to get approval from the SA authorities to extend the upcoming due date but that I was happy to make application for a new loan - but would require the latest financials for submission.
"I also confirmed that I expected that interest would still be required by the authorities.
"The Club never took me up on this offer, which is completely understandable given that Douglas and John have again reconfirmed their prior commitments (as I understand it) to providing unsecured interest free loans.
"It is essential for supporterās trust that the commitments made at regime change are never abandoned by those that gave them and it is for that reason that I have made this statement to clarify my own position.
"On a final note, unless I leave the wrong impression, it is only the directors at the time of regime change that I consider bound to provide interest free unsecured loans.
"That commitment can in no way be binding on those that came thereafter unless they specifically committed as such.
"I state this because I was approached last year by the Club to grant permission for loans to be made against the security of Club property- which I understood to be a requirement for certain new director loans.
"My permission was required because the SA authorities only agreed to the Laird loan being unsecured on condition that no subsequent lender could get better terms.
"I refused to even countenance such a request as I considered it against the spirit of everything I had committed to supporters.
"Now that the Laird loan has been repaid the present Board is free to make its own decisions on using Club property as security.
He could basically have said "It wisnae me and when it all goes tits up again " it wisnae me it was they bad men I left in charge who tried to tap me up again. Oh and I didnae secure any loans against the new clubs assets but you better watch oot cause that's what they might just dae noo I'm naw there. Concominant or what Dodgy Dave ?
Hands up if you can't wait to see Kris Boyds face when it happens
He'd fit right in,from E Wing to Govan....Heard that the Huns approached Martindale from Livvy to be their new manager
the short reply if you read between the lines.Any chance of a 2 sentence summary for those with short attention spans?
Well that would cut out the middle man supplying Morales his gearHeard that the Huns approached Martindale from Livvy to be their new manager
War and Peace has nothing on this , I know I'm getting on a bit but I nodded of twice reading that pish. The mans good if he wants a change of career he should become a football club chairmanApologies about the length of the post but when you see its the words of the glib and shameful King I am sure it will be of no surprise to anyone the nonsense he talks to allegedly clear things up. If anyone can be bothered here is his full statement.
Dave King's full detailed statement on Ā£5million loan
FORMER Rangers chairman Dave King has moved to clarify the details surrounding his Ā£5million Ibrox loan.(Loud laughter) the
Rangers posted a loss of Ā£23.5million in the latest accounts for RIFC plc that were revealed on Friday morning.
They confirmed that a Ā£5million loan had been repaid, plus interest, as the Rangers stated: "This has been progressed further since 30th June with additional investment from our investor base to support the funding needs of the Club, including the repayment of Dave Kingās Ā£5m loan plus interest of Ā£832k on that loan."
King has now detailed the circumstances surrounding that cash facility and, in a statement released on Tuesday, said: "It has been brought to my attention that there is confusion regarding the Clubās recent incorrect statement that a loan plus interest was repaid to āDave Kingā.
"There are concerns that this was a previously unreported loan that had somehow compromised Rangers present financial position.
"In addition, I was also forwarded two very similarly worded Club linked media posts that queried whether interest should have been paid on the loan.
"Having been asked to clarify the true position, I have decided that the general release of a statement is the best way for me to do this.
"The loan that was incorrectly attributed (in the June 2021 financial results presentation) as having been paid to me personally is the original loan that was provided by Laird (a company in my family trust structure) shortly before I announced my intention to step down as Rangers Chairman at the AGM in November 2019.
"I disclosed Lairdās loan during my Chairmanās statement at that AGM.
"When seeking approval from the SA authorities, the Club worked with my accountant in SA to provide all the financial information required to support such a loan and the RIFC Board authorised it on the terms that were ultimately approved by the SA authorities.
"At the AGM in 2019, I expressed regret that the authorities in SA would not allow this much needed loan to be made without it attracting a market-related interest rate - but I was pleased that it was granted on an unsecured basis.
"The dramas of the David Murray/Craig Whyte/Mike Ashley eras had most damagingly exposed why the āownersā of the Club at any time should never use the Clubās assets to secure their own investment.
"That ultimately leaves the real risk with the supporters.
"I was determined that would never happen under my watch and was glad that my fellow directors (at that time) agreed with me.
"I explained at the AGM that my regret at interest being paid was that it went completely against the undertakings given by me and my fellow directors (at regime change) not to take director fees and not to receive interest or take security for loans provided to the Club.
"The hardened position of the SA authorities to investment in the Club reinforced the timing of my decision to step down.
"I had achieved my personal objective of removing the Club from its state of crisis and it had become in the best interest of the Club to be guided by individuals in the UK who, I thought, were capable of taking the Club forward in a normalized manner (covid had not yet happened) and who were willing and able to continue to provide any funds that might be required on an unsecured and interest free basis- and thereby honouring the commitment that we collectively made to supporters and shareholders.
"At the Clubās request, the Laird loan that I disclosed was only payable after two years and, indeed, was repaid to Laird a little more than a week ago.
"This is long after the year-end that the Club recently reported on and had no impact whatsoever on the Clubās performance.
"The payment, including agreed interest, had been recognized in all cash forecasting throughout the prior two years and consequently had no impact whatsoever on the Clubās anticipated financial position.
"Shortly before the payment was due to Laird, I was approached to consider an extension of the loan period to assist with the future funding of the Club.
"I advised that it was too late to get approval from the SA authorities to extend the upcoming due date but that I was happy to make application for a new loan - but would require the latest financials for submission.
"I also confirmed that I expected that interest would still be required by the authorities.
"The Club never took me up on this offer, which is completely understandable given that Douglas and John have again reconfirmed their prior commitments (as I understand it) to providing unsecured interest free loans.
"It is essential for supporterās trust that the commitments made at regime change are never abandoned by those that gave them and it is for that reason that I have made this statement to clarify my own position.
"On a final note, unless I leave the wrong impression, it is only the directors at the time of regime change that I consider bound to provide interest free unsecured loans.
"That commitment can in no way be binding on those that came thereafter unless they specifically committed as such.
"I state this because I was approached last year by the Club to grant permission for loans to be made against the security of Club property- which I understood to be a requirement for certain new director loans.
"My permission was required because the SA authorities only agreed to the Laird loan being unsecured on condition that no subsequent lender could get better terms.
"I refused to even countenance such a request as I considered it against the spirit of everything I had committed to supporters.
"Now that the Laird loan has been repaid the present Board is free to make its own decisions on using Club property as security.
He could basically have said "It wisnae me and when it all goes tits up again " it wisnae me it was they bad men I left in charge who tried to tap me up again. Oh and I didnae secure any loans against the new clubs assets but you better watch oot cause that's what they might just dae noo I'm naw there. Concominant or what Dodgy Dave ?
Whit, itās like yir auld uncle singing karaoke at yir sisters wedding,Superb & the Violinists arny bad either!!
I wiz only referring tae the back up group m8, Auld Rod well past eez sell by!!Whit, itās like yir auld uncle singing karaoke at yir sisters wedding,
Taxi fur rodā¦ā¦..
I didna want to take Ā£832,000 interest on the loans to the gullibillys. The South African financial system made me take it.Any chance of a 2 sentence summary for those with short attention spans?
If the S,A authoritys find out it's ma money am fkd ,why did ye no say it was lairds ya kntsAny chance of a 2 sentence summary for those with short attention spans?
When does Bruce Willis appear and shot everycnut phewApologies about the length of the post but when you see its the words of the glib and shameful King I am sure it will be of no surprise to anyone the nonsense he talks to allegedly clear things up. If anyone can be bothered here is his full statement.
Dave King's full detailed statement on Ā£5million loan
FORMER Rangers chairman Dave King has moved to clarify the details surrounding his Ā£5million Ibrox loan.(Loud laughter) the
Rangers posted a loss of Ā£23.5million in the latest accounts for RIFC plc that were revealed on Friday morning.
They confirmed that a Ā£5million loan had been repaid, plus interest, as the Rangers stated: "This has been progressed further since 30th June with additional investment from our investor base to support the funding needs of the Club, including the repayment of Dave Kingās Ā£5m loan plus interest of Ā£832k on that loan."
King has now detailed the circumstances surrounding that cash facility and, in a statement released on Tuesday, said: "It has been brought to my attention that there is confusion regarding the Clubās recent incorrect statement that a loan plus interest was repaid to āDave Kingā.
"There are concerns that this was a previously unreported loan that had somehow compromised Rangers present financial position.
"In addition, I was also forwarded two very similarly worded Club linked media posts that queried whether interest should have been paid on the loan.
"Having been asked to clarify the true position, I have decided that the general release of a statement is the best way for me to do this.
"The loan that was incorrectly attributed (in the June 2021 financial results presentation) as having been paid to me personally is the original loan that was provided by Laird (a company in my family trust structure) shortly before I announced my intention to step down as Rangers Chairman at the AGM in November 2019.
"I disclosed Lairdās loan during my Chairmanās statement at that AGM.
"When seeking approval from the SA authorities, the Club worked with my accountant in SA to provide all the financial information required to support such a loan and the RIFC Board authorised it on the terms that were ultimately approved by the SA authorities.
"At the AGM in 2019, I expressed regret that the authorities in SA would not allow this much needed loan to be made without it attracting a market-related interest rate - but I was pleased that it was granted on an unsecured basis.
"The dramas of the David Murray/Craig Whyte/Mike Ashley eras had most damagingly exposed why the āownersā of the Club at any time should never use the Clubās assets to secure their own investment.
"That ultimately leaves the real risk with the supporters.
"I was determined that would never happen under my watch and was glad that my fellow directors (at that time) agreed with me.
"I explained at the AGM that my regret at interest being paid was that it went completely against the undertakings given by me and my fellow directors (at regime change) not to take director fees and not to receive interest or take security for loans provided to the Club.
"The hardened position of the SA authorities to investment in the Club reinforced the timing of my decision to step down.
"I had achieved my personal objective of removing the Club from its state of crisis and it had become in the best interest of the Club to be guided by individuals in the UK who, I thought, were capable of taking the Club forward in a normalized manner (covid had not yet happened) and who were willing and able to continue to provide any funds that might be required on an unsecured and interest free basis- and thereby honouring the commitment that we collectively made to supporters and shareholders.
"At the Clubās request, the Laird loan that I disclosed was only payable after two years and, indeed, was repaid to Laird a little more than a week ago.
"This is long after the year-end that the Club recently reported on and had no impact whatsoever on the Clubās performance.
"The payment, including agreed interest, had been recognized in all cash forecasting throughout the prior two years and consequently had no impact whatsoever on the Clubās anticipated financial position.
"Shortly before the payment was due to Laird, I was approached to consider an extension of the loan period to assist with the future funding of the Club.
"I advised that it was too late to get approval from the SA authorities to extend the upcoming due date but that I was happy to make application for a new loan - but would require the latest financials for submission.
"I also confirmed that I expected that interest would still be required by the authorities.
"The Club never took me up on this offer, which is completely understandable given that Douglas and John have again reconfirmed their prior commitments (as I understand it) to providing unsecured interest free loans.
"It is essential for supporterās trust that the commitments made at regime change are never abandoned by those that gave them and it is for that reason that I have made this statement to clarify my own position.
"On a final note, unless I leave the wrong impression, it is only the directors at the time of regime change that I consider bound to provide interest free unsecured loans.
"That commitment can in no way be binding on those that came thereafter unless they specifically committed as such.
"I state this because I was approached last year by the Club to grant permission for loans to be made against the security of Club property- which I understood to be a requirement for certain new director loans.
"My permission was required because the SA authorities only agreed to the Laird loan being unsecured on condition that no subsequent lender could get better terms.
"I refused to even countenance such a request as I considered it against the spirit of everything I had committed to supporters.
"Now that the Laird loan has been repaid the present Board is free to make its own decisions on using Club property as security.
He could basically have said "It wisnae me and when it all goes tits up again " it wisnae me it was they bad men I left in charge who tried to tap me up again. Oh and I didnae secure any loans against the new clubs assets but you better watch oot cause that's what they might just dae noo I'm naw there. Concominant or what Dodgy Dave ?
Who paid him? Aston Villa?Iāve just been on the dark side and King has apparently made a statement that he has been paid in full
I wonder if he has been practising his head stands recently.
Probably slippy was only bigging el fatso up to try to get him to lose the tractor tyre and score a couple of goals but he doesn't really believe in the lardass.I don't think gerard would have morales anywere near villa he knows with real genuine referees he'd get a red card every match how could he justify that to the money men at villa.he might take somebody down their but it won't be him.