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Big Rangers Administration/Liquidation Thread - All chat here!


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What a busy little bralt we have today....

Even i could have guessed that this would happen with the nomads, a big deal -- ?????

One wee point Dave King isn't taking over, he has around a 14% shareholding and has stated in interviews he won't go above 30%.

EGM still going ahead acoording to reports and Densboy wets the bed.

Kings group really can't outline what their plans are until they see what the situation is at the club tbf.

the next couple of days are going to be pretty nerve wracking to say the least, hopefully Kings group and the others involved win the day and the rebuilding can begin.

But,,,,"The good guys have won". The war is over.

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As much as I would like to see rangers die I'm with Ted on this, it has long been known that Ireland were offski if King won.

Rangers are (sorry, were) dealing with an entity named 'Ireland'? Were the Visigothic hordes aware of this? Were they assuming that WH stood for "We Hate"?

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What a busy little bralt we have today....

Even i could have guessed that this would happen with the nomads, a big deal -- ?????

One wee point Dave King isn't taking over, he has around a 14% shareholding and has stated in interviews he won't go above 30%.

EGM still going ahead acoording to reports and Densboy wets the bed.

Kings group really can't outline what their plans are until they see what the situation is at the club tbf.

the next couple of days are going to be pretty nerve wracking to say the least, hopefully Kings group and the others involved win the day and the rebuilding can begin.

Dave King says he will delay becoming director of #Rangers until due diligence is carried out by regulators. Paul Murray to be interim chair

Yup.

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Chris Jack ‏@Chris_Jack89 1m1 minute ago

Dave King on Nomad decision: 'reinforces why there was a complete lack of governance and transparency under its watch.

Paul Murray will act as interim chairman as regulators are 'given time to complete the necessary due diligence' on DK before he assumes role

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As regards King becoming director.

This link spells out the case. Rule number 1 seems to be relevant. Does anyone know if ALL of the creditors of the Old Club (and company) were sent notification of the re-use of the name 'Rangers' ?

eta Ooops! link

https://www.purnells.co.uk/limited-company/creditors-voluntary-liquidations/phoenix-companies/three-exceptions-to-section-216.html

Edited by cyderspaceman
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