Dave King's 16 point plan for Rangers:
"If elected to the Board alongside my 2 proposed colleagues I promise the following:
1) We will immediately seek to raise fresh capital through the already approved Rights issue within a month
2) In this issue, I commit to underwriting 24,783,464 at a rate of 32p giving a guaranteed £7.93m of working capital taking me to 29.99% holding.
3) In this issue, I commit to finding a suitable underwriter of the remaining 20,778,454 at a rate of 32p giving a guaranteed £6.65m of working capital.
4) From the £14.58m raised, we will immediately pay off the £5m Mike Ashley loan, freeing the club of any debt. All security over assets will be released and this will leave us with over £10m of immediate working capital in April prior to Season ticket sales.
5) We will rip up the terms of the second £5m loan as this has not been used as funds yet meaning no further liabilities to Sports Direct.
6) I guarantee to speak with Robert Sarver with the view of potential investment in the club to be put to shareholders at a later date, if terms are agreeable.
7) Over the next 3 seasons, as previously indicated in interviews, I will commit a further £22m of funds to the club from myself or associated parties, free of debt, security or burden on the club.
8) We will immediately invest in a proper scouting system to aid the teams progress.
9) We will bring in a new manager who is able to work within the confines of our revenue budget working with a mixture of youth and experience.
10) All levels of the clubs coaching will be in line from top to bottom to ensure progression and transition from youth to first team is easier.
11) I will guarantee to place Ibrox Stadium and Auchenhowie in a Trust as promised and requested by me 12 months ago guaranteeing none of them will be used for security whilst we serve on the Board of the club.
12) I will run the club on a Break Even budgetary policy which does not consider Cup or European revenue as advanced budgetary items.
13) Any financial losses made as a result of mis-management of transfers/wages outlined in point 12 will be covered by myself and associated parties to ensure a strict fiscal policy for the club.
14) We will not appoint any current divisive fan figures, on both sides, to any position within the club.
15) We will not allow Jack Irvine to speak on behalf of any club business. All ties will be immediately terminated.
16) I will engage with Mr Ashley in relation to the Retail deal and aim to return to the days of generating £17m of annual revenue at a fraction of the cost so both Mr Ashley and the Club win financially without any risk to the club of losse
For the people on here who struggle with it
posted on 18/2/15
Mental film. Big giant flying dog that looks like an albino spaniel.
The people how made kids films when I was wee were clearly on far too many drugs
posted on 18/2/15
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posted on 18/2/15
I love the way tims make outs a menu that you get handed and you pick the one that you like
As if they got it spot on when they picked wee fergus
I think I'll have the guy with the bunnet and the squinty eye, does he come with french fries
posted on 18/2/15
comment by Magnum. I'm a Chu Backer! (U16400)
posted 1 hour, 13 minutes ago
comment by Laudrup: I am RangersFirst (U12366)
posted 4 hours, 45 minutes ago
comment by Magnum. I'm a Chu Backer! (U16400)
posted 5 minutes ago
comment by Laudrup: I am RangersFirst (U12366)
posted 18 minutes ago
comment by Magnum. I'm a Chu Backer! (U16400)
posted 11 minutes ago
comment by Laudrup: I am RangersFirst (U12366)
posted 20 minutes ago
comment by Magnum. I'm a Chu Backer! (U16400)
posted 34 seconds ago
Just trying to help you guys out here. This is not Dave kings plan. It was a mock up/ wish list produced by the sons of struth...what they would like to see.
Do you really think a top billionaire businessman like Dave king would produce something so risible.!
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Can you back these nonsensical claimsthanks in advance
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Yes I can. Duke posted it first on here I believe with a warning..'I'm not sure it's genuine'. Without checking the provenance you immediately started posting it on these boards. It came from the sons of struth who published it as a wish list. This was misinterpreted.
If its genuine you can easily solve the problem by showing the original publication, or a copy with Dave King's signature or even stating the legitimate origin of the document.
Once you have failed to do that you can apologise to your fellow bears for misleading them. 'i promise' ffs
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Do you have evidence that it came from sons of struth, you have repeated it 4 times, prove that's where it came from
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Laudrup...I can see that you're combusting there. Don't make it worse for yourself. This could be a 'heed' moment for you. It's hard to prove that something is fake..although it can be done...just prove its genuine. Give me anything to link that document that you keep posting directly with Dave king
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CombustingIv just had my shower after a day on the beach in goa, I'll be sitting have a nice dinner with a few chilled beers within the hour, I wouldn't call it combustingwhat's the opposite of combusting?that's closer
You have stated a few times that it came from "sons of struth" that should be simple for you! Go on then
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Go on laudrup...admit it...you couldn't find a single thing to authenticate that 16 point plan. It's bogus. Look on any rangers fan site...almost anywhere on the web...you will see that this is bogus. One of the first to show it was ibrox loyal twitter feed. They have now retracted it. Show the proof or apologise to your fans
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Its you who said it came from sons of struth, should be easy for you, they have Twitter and a website, we are waiting, if you don't like my threads don't join in, if you think I post lies , don't reply , just show is the stuff on SOS
posted on 18/2/15
To save laudrup and magnum any further posts can either of u prove that its dave kingd plan or a fake?
if its real then where did it come from?
posted on 18/2/15
<As if they got it spot on when they picked wee fergus>
We didn't pick him.
He picked us.
We got lucky
Away and enjoy yer holiday ya maddie.
posted on 18/2/15
It's not real...it doesn't even look real. You would really have to be a half wit to even think it was real. Laudrup...what an embarrassment for you mate. Sorry...you can't find it because it doesn't exist. I promise!! Ffs! Dave is dodgy but super smart. Would you want a guy running your club who would come up with this?. Admit it...you got it from duke.
posted on 19/2/15
If you insist on asking again Curly I will answer, with the same point I've made umpteen times.
Until this power battle is over, the actions of all parties will have the interests of getting control far more than anything else.
If you are wanting me to sit here and say the future under Ashley will be nothing better than the actions a board under his control have taken while he has a minimum shareholding........you are also asking me to sit here and say the future under King will be nothing better than the actions he has taken in the last three months, which have involved the share price being driven down and question marks over his validity as a director.
I won't do it curly, until this power battle is over, our club is not being run by anyone as a football club or a sustainable business, it is being used by people who want complete control of it, and it is not until they have complete control that they will start to run the place the way they want to
posted on 19/2/15
Comment Deleted by Site Moderator
posted on 19/2/15
comment by Magnum. I'm a Chu Backer! (U16400)
posted 8 hours, 28 minutes ago
It's not real...it doesn't even look real. You would really have to be a half wit to even think it was real. Laudrup...what an embarrassment for you mate. Sorry...you can't find it because it doesn't exist. I promise!! Ffs! Dave is dodgy but super smart. Would you want a guy running your club who would come up with this?. Admit it...you got it from duke.
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Are you talking about the flying dog in never-ending story.
It's ok I know it's not real but it seemed very real when I was a kid