When is a High Court injunction not a High Court injunction?
Quite a few Sevco observers have been bemused at the apparent ability of the basket of assets to carry on regardless.
Indeed, I put that very question to a Shirebrook source yesterday.
He told me that General Ashley has told his legal divisions to stay in position.
Apparently, his highly paid hired guns are itching to get back in court and charge-by the hour…
Big Mike reminded them that the meter was on and that they would be paid, by the other side.
In the meantime, Big Mike is playing a long game and is quietly observing the Sevco High Command.
His take is that the chaps in the Blue Room are in a hole and digging deeper by the day.
In fairness, there was always going to be something of a hiatus before moving to the next phase of this dispute.
Ashley’s people have been carrying out an intelligence gathering operation through a process of court-ordered discovery.
Meanwhile, on Dave’s orders, the retail operation is continuing as if nothing had happened.
One senior functionary at Sevco did raise this issue at a recent dignified conclave and was told that it was above his pay grade.
I was told yesterday that when all of the Sports Direct ducks are in a row then a likely return to court would be in Q1 of 2019.
Now the bill for the Sevco car boot sale is going up by the day.
The legal meter is running and ultimately costs will be awarded against the basket of assets.
However, it just might be that Dave has a cunning plan.
A plan as cunning as one devised by a professor of cunning with 41 criminal convictions.
First of all the retail income, along with the match day revenue is vital for Sevco at the moment.
Elite Sports and JD Sports must have a degree of comfort that they will be indemnified by RIFC from any future litigation.
Undoubtedly there will be a day of reckoning for this.
Big Mike and his lawyers will have to be paid.
I asked my Shirebrook guy what was the extent of the bad news for Sevco when this comes to pass.
For the avoidance of doubt, I know that he knows the exact figure, but he steered me as close to the quantum as he dared.
There was an element of cat and mouse about that part of the conversation.
When I eventually said that the figure might just be south of £10m he didn’t demur.
He then pointed out was that was the calculated sum as of this week.
The legal bill goes up by the billable hour and the interest on what Ashley reckons he is owed is also whirring away.
Mr Gerrard might not expect much in terms of players coming in next January.
However, part of the cunning plan might be to ship some of them out in order to generate some cash to pay off Big Mike.
All very cunning.
Especially if you are not resident in the UK and have no assets at risk there from any future litigation.
Nice one Dave.
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The MSSM exaggeration of Morelos` value might just be a sign that, the cunning plan is, indeed,to `ship some of them out`,
Phil,
Can you start a thread on here where we can just talk about our team?, IE: Should Brown go right back in the team?, IF our favourite son Tierney did move then where would he go? Just basically Hoops related stuff.
Thanks.
PS: Brown can come right back in if Brendan decides but he better not move McGregor from the middle of the park.
For me, Tierney will end up costing over £30m and he will end up at a top 4 side in England
Hail Hail guys
Try the Celtic Noise for many Celtic related threads – start your own there if necessary . Phil’s doing a grand job as it is in highlighting the goings on at Ibrokes !
With Ashley, this all started out as just another piece of business. However, squinty has always made this his personal crusade, and that is about to become his downfall (no pun intended). Ashley, if he hasn’t already, will involve both business and personal retaliation to his legal armoury. I can forsee not only “rangers” being liquidated (the new club), but King will be moving to a new house south of the Limpopo – only it will be a tin shack in one of the squalid townships there. Even then, I reckon Ashley will be claiming rent money off him.
There seems to be a typo there that skews the whole article…..shouldn’t the second …”n”….in cunning not be a ….t….???
The Takeover Panel is back in court next week with Dodgy Dave in their sights. Surely that issue can’t be kicked any further down the road.
Watched the Accies game today, good to hear the BT pundits putting up the hand ball in the 2nd minute as save of the day. Laughs all round,
Robertson had an unrestricted view of the incident as the Accies defender on the ground threw himself at the ball and deliberately armed it to safety.
Instead of mildly chastising the ref for his mistake the pundits should be slaughtering him in the the off chance that someone, anyone, will do something about the standard of refereeing in Scotland.
Week in week out it’s the same old story yet the guy who should be carrying the can is invisible and hardly a peep is heard from him.
Fed up listening to phone ins and pundits going over the same ground week in week out about our officials whilst the man responsible is ensconced in his Hampden office completely immune from the criticism of his officials and seemingly unsackable.
You really could not make up just how untouchable this guy seems to believe he is. My take on this, and I could be wrong, is that this is now so personal with big Mike that he will eventually shred sevco AND THEN go after the Lying King. Through the S.A. courts if necessary. Now, I could be wrong on this as well, but I am of the belief that the bold Dave could find sympathetic members of the Judiciary in S.A. a wee tad thin on the ground.
Big Mike has the money, fortitude, patience and a good team of lawyers to take sevco to the brink but slithery Glibby seems to sidle out of everything thrown at him. The glib and shameless liar might not pay but TRFC will have to. HH