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Big Rangers Administration/Liquidation Thread - All chat here!


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From AIM 17:32

Rangers International Football Club plc

("Rangers", the "Company" or "Club")

Notice under section 338 of the Companies Act 2006

Petition for an Order under section 45(b) of the Court of Session Act 1988 and for interdict

Further to the announcement earlier today on 4 October 2013 regarding the petition filed in the Scottish Courts (the "Petition") by Paul Murray, Malcolm Murray, Ian Cormack, John Graham and Colin Howell being shareholders representing 0.71 per cent of the voting rights of the Company (the "Petitioners"), the Company confirms that the Petition was called in the Scottish courts to be heard today, Friday 4 October, 2013 by Lord Kinclaven.

The Petitioners sought interim orders to prevent the Annual General Meeting of the Company from taking place on 24 October 2013. No such orders were granted by the court.

Certain legal arguments in relation to the validity of the section 338 notices have been continued to a new hearing to take place on Monday 14 October 2013 at the Court of Session in Edinburgh. Whilst the Company considers its legal position on these matters to be robust, the Petitioners have also confirmed that if their arguments succeed in relation to the validity of the s338 notices, the Petitioners agree that the Annual General Meeting should proceed to take place on 24 October 2013 as long as their proposed resolutions are circulated as soon as reasonably practicable after the hearing concludes and before the date of the Annual General Meeting. The Annual General Meeting of the Company is, therefore, set to proceed on 24 October 2013.

Further announcements will be made as appropriate.

Edited by Bloomogganners
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Since Tedi the watering can has left the thread the wee bluebells have pretty much wilted and died, a bit like their club...boo.hoo....The Spivs have them by the baws and they will only get of them when they have got the secured income of lease back sorted. Ally is doing his bit though by hoovering/cutting the pitch before all home games as most managers at his level do.

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From AIM 17:32

Rangers International Football Club plc

("Rangers", the "Company" or "Club")

Notice under section 338 of the Companies Act 2006

Petition for an Order under section 45(b) of the Court of Session Act 1988 and for interdict

Further to the announcement earlier today on 4 October 2013 regarding the petition filed in the Scottish Courts (the "Petition") by Paul Murray, Malcolm Murray, Ian Cormack, John Graham and Colin Howell being shareholders representing 0.71 per cent of the voting rights of the Company (the "Petitioners"), the Company confirms that the Petition was called in the Scottish courts to be heard today, Friday 4 October, 2013 by Lord Kinclaven.

The Petitioners sought interim orders to prevent the Annual General Meeting of the Company from taking place on 24 October 2013. No such orders were granted by the court.

Certain legal arguments in relation to the validity of the section 338 notices have been continued to a new hearing to take place on Monday 14 October 2013 at the Court of Session in Edinburgh. Whilst the Company considers its legal position on these matters to be robust, the Petitioners have also confirmed that if their arguments succeed in relation to the validity of the s338 notices, the Petitioners agree that the Annual General Meeting should proceed to take place on 24 October 2013 as long as their proposed resolutions are circulated as soon as reasonably practicable after the hearing concludes and before the date of the Annual General Meeting. The Annual General Meeting of the Company is, therefore, set to proceed on 24 October 2013.

Further announcements will be made as appropriate.

Meaning?

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Meaning?

The last bit. If the court agrees that the rebels have properly asked for their resolution then they are agreeing to waive the delay of the AGM providing their amendments (New directors) are circulated and included in the meeting without the required 21 days advanced notice which would delay the whole thing.

Hope their paperwork is in order... :P

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If I'm a rocket according to you then what are these chumps then ?

http://forum.rangersmedia.co.uk/index.php?showtopic=259619

With an endless line of thick fannies ready and willing to throw more cash at the spivs on a second share issue no wonder they are fighting to control the cash cow in Govan :lol: .

Fans of most clubs are prepared to dig deep when required and you have to admire that these guys are stating that they will contribute again but surely the fact that they've already contributed enough to have the club on a solid footing and breezing up the leagues whilst making an absolute wad of cash has dawned on a few of them !?

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Since Tedi the watering can has left the thread the wee bluebells have pretty much wilted and died, a bit like their club...boo.hoo....The Spivs have them by the baws and they will only get of them when they have got the secured income of lease back sorted. Ally is doing his bit though by hoovering/cutting the pitch before all home games as most managers at his level do.

Meaning?

5 of them... 0.71% of the shares between them.

When the club was going through it inception, all they could club together between the 5 of them was enough to buy 0.71% of shares.

5 Stars.

The last bit. If the court agrees that the rebels have properly asked for their resolution then they are agreeing to waive the delay of the AGM providing their amendments (New directors) are circulated and included in the meeting without the required 21 days advanced notice which would delay the whole thing.

Hope their paperwork is in order... :P

Fans of most clubs are prepared to dig deep when required and you have to admire that these guys are stating that they will contribute again but surely the fact that they've already contributed enough to have the club on a solid footing and breezing up the leagues whilst making an absolute wad of cash has dawned on a few of them !?

Morton :lol:

Murderwell :lol:

Plastic thistle :lol:

Raith Rovers :lol:

Falkirk :lol:

Just some of the most diddiest clubs in Scottish football, literally no one outside of Scotland probably knows who they are. No wonder their jealousy of Rangers is strong.

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What really annoys me is the utter astonishment of the Press and so called experts down here in soap dodge city at the bonuses to directors etc.......

The information has been freely available for months now in rfc literature and the IPO document

We discussed on here at length last season.

I know it shouldn't surprise me, but why are they only talking about it now

I still want a MSM discussion on

The half a million spent on the team bus

The expensive overnight stays

The charity money, that suddenly wasn't charity money

Millions spent on WiFi and scoreboards

Journalists on the payroll

Whilst the taxman and creditors got eff all from oldco, you know, the club that died

Edited by SheepAreRed
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Falkirk :lol:

Just some of the most diddiest clubs in Scottish football, literally no one outside of Scotland probably knows who they are. No wonder their jealousy of Rangers is strong.

Wow - I said you have to admire the 'Rangers' fans for digging deep and one of them still has a pop :1eye

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What really annoys me is the utter astonishment of the Press and so called experts down here in soap dodge city at the bonuses to directors etc....... The information has been freely available for months now in rfc literature and the IPO document We discussed on here at length last season. I know it shouldn't surprise me, but why are they only talking about it now I still want a MSM discussion on The half a million spent on the team bus The expensive overnight stays The charity money, that suddenly wasn't charity money Millions spent on WiFi and scoreboards Journalists on the payroll Whilst the taxman and creditors got eff all from oldco, you know, the club that died

An outed Alias.

The bus was a gift to Rangers, we didn't pay for it.

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