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Posted

Rangers have lodged an intention to go into administration with the Court of Session.The Ibrox club lodged the notice in Edinburgh at Monday lunchtime.

 

They now have five days in which to formally declare administrators have taken over the running of the club.

 

Solicitors lodged the papers with the Court of Session on behalf of the club's directors on Monday.

 

Rangers FC are currently awaiting the result of a £49m tax case with HM Revenue and Customs in relation to the club's use of the Employee Benefits Trust to pay players and staff.

 

The Court of Session confirmed to STV that papers confirming the intention to appoint administrators had been received.

 

here

 

 

Posted

If they go under that league would be a whitewash

 

If they go under the league will go with it..for they and Celtic provide most of the other teams' revenue in they games the play against them.

Posted

Funny to see all the Celtic fans celebrating the death of their league.

 

The only times Celtic fill their ground these days is when Rangers come.

Posted

Portsmouth looking likely to go into administration again.

 

10 point penalty and in another relegation scrap if that happens. What a clusterf***

Posted

Rangers will not go to the wall. Their debt is *only* £50M, they will be saved some way or another. It's shocking that a club of that size and who regularly pull in 40,000+ supporters at home matches can be struggling so badly. They're paying for their stupid spending back when they were buying up the likes of Gazza and Laudrup.

Posted

so let Rangers go bust. They reform as AFC Rangers (thatpic makes a mint :applause: ). In 4 years they'll be back in the Scot Prem. Meantime we let Pompey go bust. Invite Celtic to take their place. Sectarianism is gone from Scottish Football. Rabbie's yer uncle. Jack & Danny's yer aunt.

Posted (edited)

I dont get the jelly and ice cream thing.

Rangers fans are now free to celebrate the Queen's Jubilee in style without the intervention of pesky football?

Edited by that pic
Posted (edited)

Rangers have gone officially into administration. I am sure Redknapp must have been employed by them in the past.

The HMRC must be loving this

Edited by floyd
Posted

Rangers have gone officially into administration. I am sure Redknapp must have been employed by them in the past.

The HMRC must be loving this

 

 

Going to be a court ***** fight with the lawyers making loads

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