David Whitehouse quote via the Daily Record:
"European football is very important to the business plan."
...
"No. The cash requirement is reliant on two things.
"Your confidence in the income stream – which is where he felt there was a real level of vulnerability.
"And secondly how much you want to spend on players.
"If you assume you are not going to spend large amounts on players there is not a big cash requirement."
So according to the administrators, Rangers need European football to stay afloat but must achieve this without spending money on players? Do these guys actually know anything about football?
Also shocked by this quote:
"With the co-operation of the SFA our understanding is that they would work to secure a scenario where the players would have to transfer abroad, because they would not be registered in England or in Scotland."
Why do the SFA keep bending over for this mob?