Mr David Cunningham King had pinned his hopes on a particular member of the Sevco High Command for this pesky share offer business.
It is my sad duty to announce that the RIFC director in question has had to turn down that generous offer.
Which means that Mr King probably has three options:
- Ignore the Take Over Panel and watch the chaos unfold from a safe distance.
- Find an alternative source of monies to finance the share offer.
- Sell his shareholding and Do Waking Away.
On the final point, I think it would be nice if those fine folk in Club 1872 were to make Mr King a nice offer for his equity.
Yes, that would be nice of them.
Overall, this has been a difficult time for the Sevco High Command.
I understand that a magnificently maned factotum was at the rugby on Friday night lamenting about his reduced status within the Blue Room.
This immaculately coifed functionary was stating to anyone who would listen that he had no hand act or part in the unaudited interim accounts.
He was also uttering the word “investment” as a mantra to the assembled throng as they queued for their prawn sandwiches.
Failure to invest, he said, would lead to “stagnation”.
My guy who was in the room said that the heroically hirsute harbinger of all things Ibrox suddenly looked old.
He hadn’t seen him for a while, and he said to me that the Sevco director looked “a tired and beaten man.”
Moreover, the Blue Room chap also made it plain to passers-by in the corporate end of the Scotstoun Stadium that he was now “outside looking in” apropos the Sevco High Command.
It was all very sad.
There was a time when he was Dave’s guy.
My information is that the South African-based convicted criminal was in a state of alternative jubilation as he left Fair Caledonia last week.
I think it was a new experience for him to be faced down by his colleagues in the Blue Room.
One chap at the main conclave on Friday stated that:
“Only an idiot would make that kind of stand against someone with iron clad contracts. Especially someone like Ashley”.
Now I’m paraphrasing the above quote, but something very close to that was minuted.
For the avoidance of doubt, the chap who made the foolhardy stand against General Ashley was the chairman of RIFC.
The glib and shameless spell appears to have been broken.
This feels like end game for Mr King at Sevco.
However, he could produce a piece of glib and shameless brilliance with a shady flourish.
Of course, he would do so in the knowledge that his manoeuvrings would be free from any journalistic scrutiny whatsoever.
I suppose it is a testament to the efficacy of the high-Level over investment that he makes every month to a galaxy far far away.
Whatever it takes and all that…
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It would appear that the only professional on either board at Ibrox is becoming a bit frazzled, not surprising as chaos ensues around him.
Apparently Mr Robertson in explaining the meaning of imminent in regards to the arrival of a DOF contends that it’s imminent in the grand scheme of things but not imminent as in tomorrow. …well done Stewart, that’s cleared that one up.
Union Jack and his crew at the ET are also crediting Robertson with saying that Rangers hope to retain Billy Gilmour despite agreeing a transfer fee with Chelsea….go figure that one out.
With regards to the DOF, Brother Pedro’s new boss, what if they don’t like the cut of each others jib?
Robertson is also keen to get a scouting system in place, not just for the UK. Wow if we have heard this once in the last 10 years we have heard it 20 times.
The search for a local number 3 goes on, only EBT recipients need apply…….the list is endless.
Just read on another blog a claim that The Takeover Board actually interviewed the leadership of some of the supporter groupings so last week’s revelations would not have come as a surprise, although they would have been to their members who were not in the loop.
The media must have been in on this as well and did their usual splendid job in keeping a lid on it. No biggie, nothing to see here, move along.
As this has dragged on for the best part of 2 years, thanks to King’s delaying tactics , it would have been remiss of the leadership of Club 1872 to have spent any of their members hard earned cash whilst The Takeover Board investigation was underway.
The idea that Halloween Houston and James Blair are sitting in front of such an august Panel is risible verging on the hysterical!
Can see Halloween expressing his thanks to the Panel for their time then asking them if they wanted to buy some Lionbrand mugs (!).
All along the watchtower
“There must be someway out of here”, said the joker to the thief
“Theres too much confusion, i cant get no relief”, etc, etc
Be interesting to how the SMSM put a positive spin on the glib and shameless ones exit. However, I am sure they are working on it at present with Jabba and his puppets as season ticket money is all that’s holding the tribute act half together!
The Dodgy Daves FC
My big fear is that when GASL leaves somebody comes in and does actually invest in them. I’m quite happy for them to bounce from one charade into another keeping us all entertained at the same time.
The investment required will be substantial.
Moreover, it is likely to be lost money.
Therefore, a very bad investment.
Save the King
Please.
It’s much more fun.
I would rather the Glib and shameless one remained. You won’t hear a word of this from the MSM though. Not until he is gone, then there will be alternative spin on it. Just like Whyte, just like Green. McCoist, Warburton. All heralded at the beginning, until the brown stuff hits the fan. Is there a pattern forming here. Long may it last. Years of mediocrity ahead for bad ship dignity.