swedishsale

Rangers as it is incorportaed now will cease to exist. The SPL Sky contract will cease to exist, if there is no Rangers or simi;lar entity to fullfill the OF fixture The SPL will need to decide either to remove the SPL share from the Administrator or let them sell it as part of the fund raising for the creditors. CW is the largest secured creditor so he can mostly control the process as HMRC have not gotten their skates on to become the appointer The SPL have to consider 3 (ish) things......Integrity of the league, Fullfillment of fixtures,payment to players Rangers 2012 (either owned by CW, or A.N.Other) will need to convince either the Administrator or the SPL that they meet the above criteria and then they will get the share of the SPL ownership. The question is can CW demonstrate that he even has enough money to pay the players the £1.3m per month that the wage bill stands at to get to the end of the season....or is that what the Ticketus money is about? If the Board of SPL are smart they will take this opportunity to dismantle the voting system of the 11-1 while they are at it and as a condition of awarding the share to RFC 2012