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Now maybe some people who are new to social media & have not seen the previous exploits of @pmacgiollabhain & his stories. This will need a thread just to highlight one such story he generally covers which you could have taken 100's. His coverage is generally Rangers
His 'exclusives' are generally nonsense & only the product of his own imagination. He throws everything he can at a dart board & basically hopes one of them hit the target. It is nothing but idle speculation which is probably being kind to him. But 1 thing is sure it is nonsense
Here is on cracker. Back in the winter of 2015 SDI & Mike Ashley attempted to have Dave King put in prison. @pmacgiollabhain was all over it like a rash. Usual rhetoric . Highly paid legal team. Crush Rangers etc. Of course as you see even then he was hinting at cash flow probs
In particular the Donegal based blogger was more than hinting that Rangers could not repay SDI the 5 million which Ashley had lent under asset security terms & even described it as ''phantom'' 5 million that Rangers would have the capability to pay back Ashley what was owed
He even claimed that it could get ''scary'' seen below. That is his own words. Now what you got to bear in mind here is Phil was certain that Ashley's highly paid legal team were on the war path to ''crush'' Rangers. Similar to what he is claiming today 4 years later
Now in November 2015 during this court case the blogger was very certain that Rangers demise was not far away. He had sources. King was in trouble & Rangers were going to pay millions in court costs & had not the money to repay Ashley which the media was reporting was paid
So certain in fact was Macgiollabhain that on the 5th January 16 he penned that his ''sources'' had told him the 5 million loan from Ashley had not only not been paid but was actually refused by him because of the payment plan to repay this in full.
As you note he penned all this under the title ''The importance of being better informed''

The media ad claimed the 5 mill had been repaid & at that time & on that day I had had confirmation from Land Registry that Ashley's security over assets had been released
But as you see @pmacgiollabhain claimed he was better informed & even had ''been told''. Now another thing at this point he was telling anyone that would listen to him that Ashley was about to crush Dave King & Rangers & his highly paid legal team would finish the job
But what was the reality? Here is the judgement from MR JUSTICE PETER SMITH 22/01/16 https://www.judiciary.uk/wp-content/uploads/2016/01/sdi_-v_rangers.pdf

Now if you read the judgement from that period you will find not a crushing but an actual severe & critical opinion from the Justice on Mike Ashley
Far from crushing he claimed ''It is therefore in my view undoubtedly the case that SDI’s whole procedure is an
abuse and it should be dismissed for that reason in addition to the various failings that I have identified above''
Not only were cost's not ''millions'' & crush Rangers like MacGiollabhain claimed they would but they were awarded to Rangers which the justice claimed was 300K. That's a lot smaller than 2.5 million & certainly would have saved Rangers from going on a ''pay as you go'' claim
One other very interesting footnote from all this was the claim under ''the importance of being better informed'' that Ashley had rejected Rangers terms of repayment to himself & also as we have noted he was ''told'' so we can assume this was from ''sources'' he had
So isn't amazing to find in the judgement from the courts 22/01/2016 that the THE HONOURABLE MR JUSTICE PETER SMITH claimed that the 5 million had been repaid on the 24th December 2015!

This despite on the 5th Jan 16 Phil had claimed it hadn't been! He was better informed!
Now I don't know how people listen to the blogger. It really is crap he talks. But if people want to believe him because once upon a time he spoke about Rangers problems 10 years ago & hasn't got a thing right since then that is your prerogative. It is a free country after all
You can follow @joe_black1509.
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