http://news.stv.tv/west-central/1340540-mike-ashley-fails-in-court-bid-to-stop-rangers-blocking-voting-rights/
Mike Ashley has failed in a court bid to permanently block any future attempts by Rangers to prevent him from voting at general meetings.
The Ibrox club tried to put a resolution to shareholders at their annual meeting in November to prevent any shareholder with an interest in another football club from having a say.
Ashley, who is a near 9% shareholder at Rangers through MASH Holdings Limited, also holds a majority stake in Newcastle United.
The Court of Session prevented the club from putting that matter to a vote in November.
Ashley`s voting rights
posted on 27/1/16
I think the only question today should be who paid for the lawyers ?
it costs a lot of bucks to spend the day in the court of session
the 3 days in court for the Carmichael case cost well over 250k for the plaintive only
lots of bucks
posted on 27/1/16
comment by Stevie - time for real change (U11028)
posted 18 minutes ago
"The whole point is that if such a resolution is in the next AGM agenda it could pose a lot of problems for Ashley, especially if Newcastle go down."
Well for me, I see folk celebrating some sort of court victory that isn't actually there, and doesnt actually change anything.
There's no guarantees that the courts will not side with MASH in the future.
If more anti-Ashley shareholders had voted at the previous AGM, MASH's shareholding would have been negated anyway.
So....what's to celebrate here???
----------------------------------------------------------------------
Just narrowly missed Steve we will get it through don't worry, your fiend Ashley days are numbered
posted on 27/1/16
comment by Edgie (U7142)
posted 5 minutes ago
I think the only question today should be who paid for the lawyers ?
it costs a lot of bucks to spend the day in the court of session
the 3 days in court for the Carmichael case cost well over 250k for the plaintive only
lots of bucks
----------------------------------------------------------------------
Well they are not working for nothing but this is where a lot of the money is going, unscrupulous court cases, but we fight on and hopefully keep building inspire of these people
posted on 27/1/16
*inspite
posted on 27/1/16
"So....what's to celebrate here???"
1. It's going to be an expensive pain in Ashley's erse to keep raising court actions to stop this resolution going through
2. If Newcastle go down, the Championship have rules against joint shareholdings. If the block ruling was approved he could possibly flout the regulations
posted on 27/1/16
Stevie are you still seriously wishing Ashley was in control at Ibrox?
posted on 27/1/16
<Mike Ashley has failed in a court bid to permanently block any future attempts by Rangers to prevent him from voting at general meetings.>
My eyes glaze over when I see Ashley- court- vote at the same time.
Most folk think I'm fairly bright but I don't understand that quote.
Don't wanna either.
posted on 27/1/16
Well for me, I see folk celebrating some sort of court victory
It won't be the fat man who is celebrating a victory any how
Iv heard if we beat him again in court we get to keep the Ray kuunt
posted on 27/1/16
*fat
posted on 3/2/16
Sports direct and Ashley have just halted the case against Rangers and agree to pay all the fee`s