23-05-2015, 02:23
(23-05-2015, 01:39)Larry-AV Wrote: Dave King's company's loan to Rangers of £1.5M is unsecured and free from interest and fees.
I don't think anyone could complain about that, I certainly am not.
Rangers FC - Loan Agreement
Correct but the loans will be truned into equity at a later date, so technically will water down the value of the existing shares.