Jags4ever
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Anyone else suspect that Ticketus dropping out the group is actually because they have agreed to whatever is needed to approve the CVA ? They are now the largest creditor (pending the tax tribunal outcome) and if they approve the CVA then HMRC can do f**k all to stop it. Just hope the SPL/SFA throw the book at them for the dual contracts/EBT stuff as I can see a scenario they get out of this paying a tiny sum
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Its actually a very clever punishment from the SFA. If Rangers move into "newco" and want to stay in the SPL they are fucked over, if they take the hit that they should after being liquidated then they reapply for a new licence in the SFL and start again from division 3 without any penalties. The way I see it is that this is the SFA forcing the SPLs hand to not allow any "newco" straight entry into the SPL as if nothing happened. Quite enjoying the frothing at the mouth on Facebook and Twitter though, cant qute bring myself to laugh at RangerMedia though I dont think I could handle the hilarity.