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Big Rangers Administration/Liquidation Thread - All chat here!


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Duping and Tuping seem to have been the two keywords during Spivco's short existence

Duping themselves as well if they plan not to purchase "Ashley" merchandise. Club obliged to pay for unsold stock last years accounts it was £411,000.

"Provision was made in the year to recognise an obligation of Rangers Retail Limited to purchase stock at a cost higher than its resale value for the completed season 2013/14"
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That's the noise your club will make when it finally self-destructs. :lol:

"Not with a bang but a whimper" is more likely.

TBH, to me that looks like a wind-up from the other side of the city. Time will tell.

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http://www.scotsman.com/sport/football/spfl-lower-divisions/farcical-scenes-abound-in-insurrection-at-rangers-1-3664258

After chants of ‘sack the board’, ‘we want our Rangers back, get out of our club...you thieving b******s, get out of our club’, sights were set on the Sports Direct (‘’yir havin’ a laugh’) owner.

With venom and volume, the fulminating throng struck up cries of ‘fat Geordie b*****d’ before a realisation struck among some of those doing the growling that Ashley is from Buckinghamshire, just north of the River Thames. Rapidly then Geordie was dropped for Cockney, before they moved on to simply calling him a ‘w****r’, and from their segueing into exhortations for the Easdales to ‘get tae f***’.

Premiership Tossers :lol:

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The one that makes me smile the most. "How have you found the SPL/SPFL without Rangers then?"

Apart from numerous clubs winning cups that aren't Rangers and being able to attend 90% of games without hearing sectarian singing or fearing for my well being. Aye it's been shite.

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Armageddon, or how can Rangers get wiped out as a football club?

Despite the angst from the Rangers faithful, it looks at though Mike Ashley will stop them going into administration or liquidation (or being liquidised as a Rangers fan once described it on here).

He can do this with his secured loans, but if the shareholding remains the same the company will always be vulnerable to rabble rousing from some penniless crook. So he could move to increase his shareholding, directly or indirectly. If he does, he will fall foul of the SFA/SPFL and Campbell Ogilvie. So they will say if you push above 10% we will........well what will they do?

Another option is that somehow King & co get their EGM and win the vote. That will be after the assets have been put under Ashley's direct control, and his loans (10mill or so) still outstanding. King and poor Paul Murray will be looking for seats on the board. But what will the SFA say? After giving the green light (just a figure of speech) to Whyte and then Green and his sundry cowboys, surely the authorities cannot endorse a shifty liar and an ex director who sat through the administration.

What can the SFA/SPFL threaten in each case, but what can they really do? If they push too hard on either they can end up disqualifying the entity that is the company, with what effect on the club? They spend their time fighting with the company, meaning the football side folds.

This could be an excellent case study for a Business School. Alternatively a board game that would keep the players entertained for ever. .

Edited by thelegendthatis
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