Rangers Then, Sevco Now, Scotland's Shame Forever....

[Stupie82]

Murty given the gig until the end of the season

http://www.bbc.co.uk/sport/football/42457229

Yassss... they are skint

No doubt the Mcinnes drama will start again in the summer.

[Pacman1903]

Skint as f@ck

[mondo_notion]

I class myself as border line in the happy clapper camp on here but I can't take any enjoyment out of this news after that horrible double defeat. A skint, rudder-less club full of mexicans with an o.a.p as their best player and we got slaughtered by them.

I might come back on after I've polished off a few more beers.

[Stupie82]

Skint as f@ck

The mutants are in meltdown...

great deflection from the King story where he is being ordered to make £11m share offer...

[Jupiter]

They were bound to announce something today to distract from losing that court case. Even the succulent lamb eating numpties of the Scottish media shouldn't be stupid enough to fall for that one.

[Hairdrier]

Good to see the orcs going into meltdown. There is a club living on borrowed time. Tic toc.

[RED_JOHN]

Good to see the orcs going into meltdown. There is a club living on borrowed time. Tic toc.

I see that he has been ordered to offer payment of 20p per share to other shareholders. Currently the share price is 27p so as the news report stated it would be very unlikely anyone would take up the offer.
Surely some person with a few shares would sell out...PLEASE take the offer and run!

[sheepcrooky]

The share issue/compulsory offer is a strange one to predict. These shares are currently “trading” at around 30p (albeit in a very restricted market) and the offer price is 20p. Technically no-one would sell at that price, however many people who were brought in by Chuckles Green may be tempted to cash in. Also, I think indicatively there has to be a 50% take up excluding King, so this may also scupper things.

The problem for King is he has to put up a share prospectus which may cost anything between £300k and £600k. This is an unavoidable cost which will really irk King.

I doubt if an implosion will happen, but yet again Sevco’s off-field problems continue to dominate the papers which is pleasing.

[Jupiter]

I see that he has been ordered to offer payment of 20p per share to other shareholders. Currently the share price is 27p so as the news report stated it would be very unlikely anyone would take up the offer.
Surely some person with a few shares would sell out...PLEASE take the offer and run!

But at their AGM they passed a motion which would severely dilute existing shareholders, so they will probably jump at getting 20p.

[sancho_panza]

There's so much incompetence at that club that I really wish they'd make a reality TV show out of it. We could send Gordon Ramsay in to smash a few heads together and renovate the function suite if necessary.