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Big Rangers Administration/Liquidation Thread - All chat here!


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so will the accounts only confirm what we already know?

rangers are on the way back?

if this turns out to be best case scenario imagine the disbelief, denile and rage on here over the next few weeks.

Yep!....back to 2012 a vintage year for all but the spoilt bloated offspring of darkness.

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Densboy and co are like cockroaches.....

Cockroaches will survive the nuclear fall out from yer club exploding into the vast empty space of nothingness never to return. :) Whereas you and yer fellow bears will be greetin like big babies at the final death of Rangers swiftly followed by blaming any cnut and every cnut for the death of the club other than where the blames actually lies. :lol:

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From tomorrow’s Telegraph (Grahame Ewing)

Rangers could face more expensive litigation now that the Worthington Group, the investment company which announced to the Stock Exchange last year that it was staking a legal claim to ownership of the business and assets of the club, has made a remarkable recovery.
In April 2013 the group revealed that it would be pursuing the holding company, Rangers International Football Club, through the courts, insisting that Sevco 5088, the company formed by the discredited former Rangers owner Craig Whyte, had been awarded the sole rights to buy the club by the administrators Duff and Phelps.
Instead, it was Sevco Scotland, fronted by the equally controversial Charles Green, which ended up in charge, with the former Rangers chief executive publicly admitting last year that he had lied to Whyte to gain control of the new club in the summer of 2012.
As a result, the Worthington Group reported Green to the Serious Fraud Office. But its legal action appeared to have been abandoned when the Financial Conduct Authority suspended trading in its shares – then worth just 4p – at the Worthington Group’s request on Aug 1, 2013.
However, since that ban was lifted four weeks ago, its share price has soared to £198.50 and yesterday it announced the acquisition of assorted digital media investments.
With the improvement in the company’s financial health, it is now in a position to progress the challenge regarding its right to own the Championship challengers.
That began last year when the Worthington Group bought a 26 per cent holding in Law Financial Holding Ltd, a company belonging to Whyte who, in turn, is believed to own a 7.54 per cent stake in Worthington. Sevco 5088 is one of the subsidiary companies owned by Law Financial.
With a current market value of around £25 million, Worthington is worth around £10 million more than Rangers, who are struggling to raise the money to pay their bills.
The Worthington Group did not return calls on Monday, but appear as if they are not walking away.

http://www.telegraph.co.uk/sport/football/teams/rangers/11129371/Rangers-facing-new-legal-threat-as-Worthington-Group-recovers.html

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From tomorrow’s Telegraph (Grahame Ewing)

Rangers could face more expensive litigation now that the Worthington Group, the investment company which announced to the Stock Exchange last year that it was staking a legal claim to ownership of the business and assets of the club, has made a remarkable recovery.

In April 2013 the group revealed that it would be pursuing the holding company, Rangers International Football Club, through the courts, insisting that Sevco 5088, the company formed by the discredited former Rangers owner Craig Whyte, had been awarded the sole rights to buy the club by the administrators Duff and Phelps.

Instead, it was Sevco Scotland, fronted by the equally controversial Charles Green, which ended up in charge, with the former Rangers chief executive publicly admitting last year that he had lied to Whyte to gain control of the new club in the summer of 2012.

As a result, the Worthington Group reported Green to the Serious Fraud Office. But its legal action appeared to have been abandoned when the Financial Conduct Authority suspended trading in its shares – then worth just 4p – at the Worthington Group’s request on Aug 1, 2013.

However, since that ban was lifted four weeks ago, its share price has soared to £198.50 and yesterday it announced the acquisition of assorted digital media investments.

With the improvement in the company’s financial health, it is now in a position to progress the challenge regarding its right to own the Championship challengers.

That began last year when the Worthington Group bought a 26 per cent holding in Law Financial Holding Ltd, a company belonging to Whyte who, in turn, is believed to own a 7.54 per cent stake in Worthington. Sevco 5088 is one of the subsidiary companies owned by Law Financial.

With a current market value of around £25 million, Worthington is worth around £10 million more than Rangers, who are struggling to raise the money to pay their bills.

The Worthington Group did not return calls on Monday, but appear as if they are not walking away.

http://www.telegraph.co.uk/sport/football/teams/rangers/11129371/Rangers-facing-new-legal-threat-as-Worthington-Group-recovers.html

Ya Bassa! :thumsup2

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From tomorrow’s Telegraph (Grahame Ewing)

Rangers could face more expensive litigation now that the Worthington Group, the investment company which announced to the Stock Exchange last year that it was staking a legal claim to ownership of the business and assets of the club, has made a remarkable recovery.

In April 2013 the group revealed that it would be pursuing the holding company, Rangers International Football Club, through the courts, insisting that Sevco 5088, the company formed by the discredited former Rangers owner Craig Whyte, had been awarded the sole rights to buy the club by the administrators Duff and Phelps.

Instead, it was Sevco Scotland, fronted by the equally controversial Charles Green, which ended up in charge, with the former Rangers chief executive publicly admitting last year that he had lied to Whyte to gain control of the new club in the summer of 2012.

As a result, the Worthington Group reported Green to the Serious Fraud Office. But its legal action appeared to have been abandoned when the Financial Conduct Authority suspended trading in its shares – then worth just 4p – at the Worthington Group’s request on Aug 1, 2013.

However, since that ban was lifted four weeks ago, its share price has soared to £198.50 and yesterday it announced the acquisition of assorted digital media investments.

With the improvement in the company’s financial health, it is now in a position to progress the challenge regarding its right to own the Championship challengers.

That began last year when the Worthington Group bought a 26 per cent holding in Law Financial Holding Ltd, a company belonging to Whyte who, in turn, is believed to own a 7.54 per cent stake in Worthington. Sevco 5088 is one of the subsidiary companies owned by Law Financial.

With a current market value of around £25 million, Worthington is worth around £10 million more than Rangers, who are struggling to raise the money to pay their bills.

The Worthington Group did not return calls on Monday, but appear as if they are not walking away.

http://www.telegraph.co.uk/sport/football/teams/rangers/11129371/Rangers-facing-new-legal-threat-as-Worthington-Group-recovers.html

Tell me in two sentences why this is either interesting or informative without using words like 'maybe' or 'possibly'. If you can't then you're just another diddy poster thinking that shite articles about The Rangers are worth referring to.

Edited by The_Kincardine
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Tell me in two sentences why this is either interesting or informative without using words like 'maybe' or 'possibly'. If you can't then you're just another diddy poster thinking that shite articles about The Rangers are worth referring to.

Don't think you're in a position to label anyone else a diddy poster, champ: given your chumps just got drubbed at home by the worst Hibs side in living memory.

Gutted for you.

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Tell me in two sentences why this is either interesting or informative without using words like 'maybe' or 'possibly'. If you can't then you're just another diddy poster thinking that shite articles about The Rangers are worth referring to.

Someone shit in your cornflakes?

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Tell me in two sentences why this is either interesting or informative without using words like 'maybe' or 'possibly'. If you can't then you're just another diddy poster thinking that shite articles about The Rangers are worth referring to.

Can we use, potentially, might, could or may?

It is informative, as it provided information that wasn't previously available, certainly not common knowledge. Added to the fact that it quite clearly adds to the hurt your feeling after a home defeat to the wee shitey green team from Edinburgh.

Pleasing.

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Can we use, potentially, might, could or may?

It is informative, as it provided information that wasn't previously available, certainly not common knowledge. Added to the fact that it quite clearly adds to the hurt your feeling after a home defeat to the wee shitey green team from Edinburgh.

Pleasing.

I was aware of the jump in WRN share price from 4p to 40p. I did not believe it would rise like that again in the short term. Now 198.5p (not pounds)

:( Didn't bet on Hibs either!

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