Rangers Need a Loan Of £1.5m!

[Poguemahone]

It would appear that the H*** have well and truly spunked the whole £22m from their ill-fated IPO and need a loan of £1.5m in order for them to continue trading...an sos to the convicted fraudster Dave King may well be needed if they are to see the season out without going in to administration.

The Board of Rangers notes the press articles this morning and confirms that it is holding discussions with two major shareholders with a view to arranging a loan of up to £1.5m to provide working capital for the Company. Documentation and terms have not been finalised, and a further announcement will be made when appropriate.

Even Wonga wont touch this rancid and corrupt club with a 'payday loan'.

What about the insurance compo for the mysterious bus fire????

Sevco are a hoot.

[CoveKreep]

Campbell Ogilvie has sorted it - the security of Ibrox hosting two cup semi-finals will help Sevco in their hour of need.

[Poguemahone]

I think they are in dire need of a bit more dosh than the revenue that a couple of games at Ibrox will generate.

An evens chance that Sevco could go 'tits up' which would be a crying shame for their fans who have been through so much these last two years.

The Moet is on ice...

[DeezAreGood]

So Dave King was right enough, the international football club are not able to make their wage payments on the 27th. Meanwhile, daft erse supersally keeps on with his campaign of trying to force people to accept that Rangers didn't die, even though we all saw it happening.

[Alternative_Poster]

Having to apply for crisis loan is no laughing matter.

Unless it's Sevco we're talking about.

They are a hoot.

And a vile New club.

Etc

[Ed_ScottishFitba]

Never a good move to borrow for working capital. Investment in capital projects can justify the interest payments on any loan. If the loan is to pay wages; in effect the wage bill just got larger

[angusros]

Siperscally will be along in a minute to convince us that this is all normal.

Nothing to see here

[CoveKreep]

That loan will be about as secure as an epileptic with the DTs operating a pneumatic drill on tight rope.

[MrNipples]

Teams reaching the SC semi finals must call for a total fan boycott. The venue choice was corrupt for the sole purpose of helping the cheats.

[DannyBhoy]

How, in anyone's language, can this be viewed as good news? I was round the Asian gentleman's shop there, and as I waited for my crispy rolls and chopped pork to be prepared by Wee Annette, I had a look at the record, and that idiot Keith Jackson is claiming this as a 'windfall'!