Rangers may go into adminstration
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Rangers may go into adminstration
Rangers FC signal intent to go into administrationRangers Football Club has lodged legal papers signalling its intention to go into administration.
The Ibrox club lodged papers at the Court of Session in Edinburgh on Monday, notifying an intention to declare an administrator.
It now has five days to confirm whether administrators have been appointed to take over the running of the club.
The moves comes while Rangers awaits a tax tribunal decision over a disputed bill plus penalties totalling £49m.
It is understood the papers relating to administration were lodged by Rangers' lawyers on behalf of directors.
If the club is formally put into administration it faces an immediate 10-point penalty from the Scottish Premier League.
That would place the Ibrox club 14 points behind first-placed Celtic in the race for the championship.
The Ibrox club lodged papers at the Court of Session in Edinburgh on Monday, notifying an intention to declare an administrator.
It now has five days to confirm whether administrators have been appointed to take over the running of the club.
The moves comes while Rangers awaits a tax tribunal decision over a disputed bill plus penalties totalling £49m.
It is understood the papers relating to administration were lodged by Rangers' lawyers on behalf of directors.
If the club is formally put into administration it faces an immediate 10-point penalty from the Scottish Premier League.
That would place the Ibrox club 14 points behind first-placed Celtic in the race for the championship.
Askern Rovers- Rovers Fan
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Re: Rangers may go into adminstration
Fuck em their scotch!
NorthRed- Barnsley Fan
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Re: Rangers may go into adminstration
NorthRed wrote:Fuck em their scotch!
I'll second that...
yorkie64red- MODERATOR
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Re: Rangers may go into adminstration
You Don't like many people do you Bri.
pkt_drfc- Rovers Fan
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Re: Rangers may go into adminstration
pkt_drfc wrote:You Don't like many people do you Bri.
As long as their Anglo Saxon...
yorkie64red- MODERATOR
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Re: Rangers may go into adminstration
mon the gers
sad times are these tho
sad times are these tho
LEEDSLAD/03/01/2010- MODERATOR
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Re: Rangers may go into adminstration
Rangers FC have gone into adminstration now
Askern Rovers- Rovers Fan
- Posts : 478
Join date : 2011-10-28
Age : 40
Re: Rangers may go into adminstration
the debt picked up is unreal, owe the taxman 75mill and they came down on leeds for 7mill, fuck knows how much is it in total
but i dont think the sfa will be too harsh cos a one team league will be even worse, even wi the deduction rangers are still 2nd
but i dont think the sfa will be too harsh cos a one team league will be even worse, even wi the deduction rangers are still 2nd
LEEDSLAD/03/01/2010- MODERATOR
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