I am told that a media campaign furth of Scotland will commence from today onwards.
The essential message is that Big Mike was a bit misunderstood when his guys were running Sevco.
Expect some Real Rangers Men to be fronting this up.
Essentially it is an olive branch to the Sports Direct billionaire to come back an invest in the Engine Room Subsidiary.
This attempt to tempt Big Mike is merely an indication of how financially desperate things are at Sevco.
This goes against the entire thrust of King’s high-Level media strategy since the Off Licence Putsch in March 2015.
I’m told that this PR campaign has been authorised by the Alistair Johnston faction in the Blue Room.
There is an old joke about a couple who unexpectedly win a huge amount of money on the football pools.
The wife is worried about their new found wealth and the problems that it might bring them.
“What about the begging letters?” she asks her husband.
“Keep sending them!” he says.
Sevco is currently trying to buy players with their cunning “nothing down” payment schedule.
Therefore, I wasn’t surprised to learn that Mr Alistair Johnston has been writing to the brogue wearing brethren.
My sources have stated that the terms of the missive to well-heeled gentleman of a Churchillian persuasion is fairly frank.
The basket of assets is in a terrible financial state and their help is needed.
However, to the outside world, the chaps in the Blue Room are trying to pretend that everything is ok.
It this uncannily like the situation in late 2011 for the original Rangers.
The blog archive is searchable here.
No amount of PR spin will alter the fact that the basket of assets is currently running on financial fumes.
Spot on as usual
https://www.dailyrecord.co.uk/sport/football/football-news/ally-mccoist-reckons-rangers-fans-11876619
I see Waddell has picked up the baton passed on from Ralston last week.
He’s endorsing the Newco suck it and see signing policy whilst having a not so snidey go at the Celtic biscuit tin mentality.
If the players perform then May’s ST monies will be available to make the signings permanent, says Waddell.
All of this without a hint that there may be a cash flow issue at Ibrox.
This is a club that recently reported a £6m plus loss in the accounts and a forecast £7m cash shortfall over this season and next.
Yet this feckin idiot is spouting that ST monies will sort the signing issues without giving a thought, I suppose you need a brain to have a thought, as to how the running costs will be met for the 2018/19 season if a significant chunk of their principle income is gone the moment it comes in from the fans.
You couldn’t mark his, and his mates, necks with a blowtorch.
Bruno on his way to a relegation fight in Italy without that title winning medal he eas here to pick up.
Can’t see his new club paying him anywhere near his Ibrox salary so likely to be a free transfer with some
pay off of his Newco contract, though I’m sure the Scottish media will have a completely different take on matters.
So Newco good, Celtic bad, it was ever so.
Given that Sevco are trading while insolvent, does this mean that the board are brogue traders? Just a thought……
The old ones are the best
I love visiting this site and reading the comments of utter fruit loops fueling one another’s hatred. Good on you Phil for fleecing these imbeciles in return for fantastical stories dreamed up off the top of your head. If there’s money to be made off of them then why not. Fair play to you 🙂
Oh dear things are so bad the “odious ” big chap would be welcomed back. Billionaires are notorious for having the memory of a domestic gold fish.
Speaking of Fish , Fraserburgh can breath out again , and the fishing fleet and seals can return to harbour ,their game has been called of.
A delayed cash injection together with a nice wee mid week trip in store.
Daily radar headline Dembele edges closer to staying at Celtic ,evidently its possible to edge closer to where you already are,now that’s journalism. Be lucky. cheers John
Can we just forget billionaires, floating pitches and all that bollocks for a minute.
Can this bile of a club not just live within their means financially?
Just a thought
I apologise if being a bit slow, but does MA not still own Newcastle? Does the two club rule still apply?
I see some of my fellow hoops fans saying D Murray may be back to invest in sevco.Let me say now no chance,my niece is works for a well known accounts company the biggest and best in scotland,England.Herself and fellow workers are in the middle of a massive audit at mr David crook murray.
Does her majestic know mmm
Ashley is a business man and will remember how much money he made from these idiots and will guess he will make more if he is seen a saving the club from dire states.
MA is first and foremost a businessman, and playing ball with the system which exists in this country has many benefits.
He has a first hand account of how powerful this can be,with his business under scrutiny from politicians.
MA would only be the front man,as SDM is to toxic. Mike would not finance Sevco,because the money keeping them afloat at present is coming from a source that is not being revealed.
Anyone who thinks that these hard headed businessmen are keeping them afloat
with soft loans should return to Mars.
MA may have one of the most difficult decision to make in his life.
No doubt MA appearing back on the scene will be welcomed by the Newco support.
If the leader of North Korea turned up at Ibrox with money to burn he would be treated as a saviour just as Whyte and Green were.
The media, as usual, would forget all the shit they had thrown at Ashley and be the principle cheerleaders for his return.
Cue a number of unexplained fires in the storage areas of the print media and some internet glitch wiping out all Big Mike bad press.
It’s hardly a surprise because we are dealing with people who are without scruples and who would shove their granny under a bus if it suited Level 5’s agenda.
Once again it makes you wonder who is paying these guys in the media’s wages or is the threat of having your media pass for Murray Park or Ibrox withdrawn enough to keep them in line.
Excellent
If it is Murray who is putting money into sevco, it will be the first time he put his hand in his pocket. Help a team that plays in blue with home games at ibrox is not natural to Murray, he was only there to take and use dead Co establishment club contacts.
Here’s hoping ? they slip below the water line let them go under and be finished with it
Read this morning that Ashley is about to invest again in Newcastle and won’t be selling his stake. That would rule his Rangers involvement out would it not?
the msm medja will spout what they are told about Ashley
an about face will cause them no concern , the will find one line in a past paragraph pointing out a positive and build on that
please remember this is the same press who castigated micheal o`neil in a disgraceful manner when he was in the running for the hibs job who are now promoting his case for the Scotland job.
the faces on the town clock spring to mind
Where they never told he was a Roman Catholic or did that slip level 5 mind
Scotlands Shame living the Lie!
How on earth could our lovely smsm even contemplate welcoming MA back to the vipers nest after the roasting they gave him whilst hounding him out. Now I know they have absolutely no shame whatsoever, but surely even they can see how much of a laughing stock they would look to anyone with at least one brain cell (sevco fans included) if they start trumpeting his return. And does MA really need his Sports Direct brand associated with with those all welcoming gullibears whose musical ditties went down so well in Florida…. Just how could he say no…..
The drowning man will grasp at the flimsiest of straws
Oh dear, it seems like only last Friday that Ralston was referring to Ashley’s influence as being “odious” in his administration rebuttal piece. Has he not found his relationship with them yet?
Big Mike is a businessman – he’ll not be in with anything if there’s nothing in it for him. Normally you’d think that it would be better for a swift purchase post-Admin2 to sweep away the current board and have full control. However, maybe propping up the current board is better commercially? He still has a fairly good Sports Direct deal since renegotiation I think?
Not sure on that, I remember reading that his retail contracts were legally watertight. Only a full scale liquidation would void them.
Admin 2?
They have never been in administration . How long have you been following Phil ?
So Rangers expected to get West Brom’s Tyler Roberts for £300.000 compo and then bloody Leeds Utd flounce in and offer of £4,000,000, which is turned down. And SMSM report it dead pan – as if Rangers are still in with a fighting chance of signing an EPL player – not as if it makes Rangers look like complete wasters, wannabes and wankers.
Heheh – “furth” is a most excellent term.
One of those words that just lollops like treacle from the tongue.
Words like “Extremis.”
“Insolvency.”
“Liquidate.”
Poor Sevco. It’s not easy to be faced with an increasingly pressing question, which has no exact answer.
“When does a basket of assets become a basket of liabilities?”
All you can really do is put off answering – until finally the answer becomes “Now”.
Maybe it’s because they are about to find out big mike still has the contracts for the merchandise after this season
Phil
A hat tip to you for your characterisation of the main protaganists in this long running saga. The Career Criminal, the Serious Professional and others all have a visual image which comes to mind when they enter a scene.
Best tribute I can give in salute is to say your portrayals remind me of the cinematic masterpiece Once Upon A Time in the West in which, to my mind Sergio Leone and Ennio Morricone gave the best ever visual and musical backdrops to their array of key characters
Well done Sir.
Scotland’s shame continues. Convicted criminal….running a sinking ship….lets not ever FORGET the bile aimed at big Mike over the shirts deal……
I HOPE HE doesn’t.
HH.
If I were Big Mike I’d wait until the liquidators rolled in and buy everything on the cheap. Then turn Ibrox into the Opus Dei CSC.
Let them ‘reach out’ to Big Mike … The two-faced double standards and back-peddling on their own lack of foresight in favour of another RRM swindler will be amusing.
They can reach all they want. Mr Ashley won’t be listening. It would be genuinely amusing if he broke his (dignified) silence and told them in best Govan Industrial English exactly where to go!
Now that is DESPERATE !
I’m sure as a billioaire (real) businessman that Ashley’s memory is as sharp is a tack. But, if he’s forgotten how much the Ibrox clientele misunderstand him, he could google, in any order: rangers board ashley king
Mike’s memory may be jogged by words like: onerous, crippling, feud, battle, surrender, riddance, purge, quit, brutal, derail, outrageous, rip-up, victory.
So, Mike, let’s just forgive and forget
Phil
Same couple, after their pools win she was fed up with his everyday visits to the bar.
One evening, as he was getting ready to head out he said ‘get your coat’. ‘Oh!’, she replied, ‘are you taking me with you ?’
‘No, I’m switching the heating off’.
Reaching out to Ashley? Didn’t they already bite the hand that tried to feed them? Didn’t they tell him in no uncertain terms to eff off? Didn’t they say that they, as RRM knew best how to run THEIR club? And now they are going cap in hand to him? Absolutely unbelievable. They have neither any shame nor any self awareness. The embarrassment swirling around this club should be suffocating them.
Phil, Dunno how many ig your readers keep up to date with what’s going on it the general economy.
They’ll have heard about carillion going belly up…..have they noticed tho the profit warnings, one after another, eminating from london?
This us no coincidence, since 2007 bank collapse the uk s economy has been non functional relying on cheap easy debt.
2018 is going to be a nightmare for anyone in debt, fortunes could be lost credit could dry up again, certainly the cost of debt will rise
Any company who’s not on a sound footing, with cash at hand will struggle.
If some if your casual readers don’t believe me go and have a look your self. The U.S. is raising rates and tightening credit… The UK will have to follow. People are skint, large companies are starting to go to the wall.
Hard times ahead…who will survive….I can guess who won’t.
Totally agree, stock indices hitting record highs, bitcoin bubbles, shocking levels of debt, we’re on the edge of another crash. We’ve built an economy dependent on endless credit to fund the purchase of shite we don’t need!
We’re talking about a collective who have persuaded themselves that, none of the problems the old club and the financial difficulties that the current engine room subsidiary face, are down to themselves.
Scottish football and unseen forces (timmy), have garnered their dark powers and inflicted terrible wounds on their favourites.
They also believe (despite the daily overwhelming evidence ) that the meeja in Scotland are in on the conspiracy.
If they can contort themselves into that belief system , they can certainly hail big Mike and his buckets of lucre into the institution.
They have no shame and would welcome any one that could help put timmy in his place.
Sevco had their chance of being professionally and sustainably managed by a real billionaire and his team.
But they derided the management team and slagged BMA.
Why would he want to invest time and effort in such a poisonous environment?
Fool me once.
DB
Ashleys a red herring to prepare the gullabillies for that wretch david murray
big Mike should buy them and sell the land for retail development…the main stand facade would make a decent frontage for a sports direct megastore.
If Ashley truly wants to own The Club called The Rangers he just needs to wait until they go belly up and buy a basket of assets from The Liquidator. It would be a better investment than throwing good money after bad in the current incarnation of the eternal club.
I said this a few weeks ago on one of the blogs.
I see superswally set the orchestra in motion this morning telling all and sundry how misunderstood big mike was.
They have no shame or memory at the way he was treated by the fans and the board.
This is the man the smsm were calling ghastly Mike and how much of a rogue he was. How bad he was for sevco.
His directors on the board weren’t far away from making sevco sustainable then were chased out of town by sevconuts and a rabid smsm.
Now their running at a loss of many millions wanting players on the never never relying on soft loans this is not going to end well
HH
phil is spot on here. I see laughing boy McCoist in the daily radar telling anyone who will listen that the peepal would welcome big mike aboard if he invested in the club*.
Interesting development re MA. Could be wrong but I can’t see him wanting to get involved again with these nutcases. If I was a betting man I would have thought that they would first reach out to David Murray for some help/investment.
I also find it hard to believe that anyone will want to put money in while King is still around. I have to believe he is already toxic and that is before the looming cold shoulder impacts. But he does still control things and has a lot of shares that he will not walk away from without a nice payday. Is there someone in the brogue brotherhood willing to fund buying him out?
“If I was a betting man I would have thought that they would first reach out to David Murray for some help/investment”
I hear it is SDM who is bankrolling AJ and is the source of monies already ‘invested/loaned’
Just hearsay, as I say.
It’s just terrible so it iz.
Hell will mend them.
Hell wont mend them.
Trust me on that.
Aye, be reasonable Auldheid.
There’s only so much the devil can do – even for his own guys. ; )
They are so desperate they have no shame. Not convinced that big Mike would reinvest but you never know. Stranger things have happened over there.