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Big Rangers Administration/Liquidation Thread - All chat here!


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  1. Rangers have also 'ceased the process of satisfying the conditions for drawdown of the second tranche' of the Sports Direct facility

  2. Rangers have agreed an interest and fee free loan of £1.5m with Douglas Park, George Letham and George Taylor until Dec 31

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The bit in quotes in the first Tweet is interesting. It sounds more like it could be more that Rangers wouldn't satisfy the conditions rather than they no longer need the money.

Still waiting for King's £20 million.

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Densboy claimed that Rangers had already used the second tranche....

Also there was a claim last week by several p and D's that sports direct would appoint two directors today....

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Densboy claimed that Rangers had already used the second tranche....

Also there was a claim last week by several p and D's that sports direct would appoint two directors today....

There was also claims that Sevco would win the league by 15 points and that a Nomad would be in place by the time the G&SL had his club tie in a windsor knot. Plus I doubt anyone on her takes mcmade up name seriously.

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I never stated they had 'used it' another of your fantasies. I stated they had begun drawing it down ... It was also stated by DL (during an interview) that they had drawn it down ...

1.5 Million ... lolzers and emergency quick fix. A loan you say? Funny it's not come from King ... thought that would be chump change for him. He still banking on OPM ... :lol:

They've not drawn down on the SD loan and aren't planning on either.

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Jings! The greenies won't be happy with wee Neily now.

NEIL LENNON has claimed Celtic NEED Rangers.

The fomer Hoops boss insisted it’s "essential" for Scottish football that the Ibrox club return to the top flight.

While Hearts claimed the Championship title thanks to Rangers beating Hibs 2-0 at Easter Road, Stuart McCall’s side are a whopping 26 points behind the Jambos in the table – and still in third place.

But Lennon told Goal.com he wants them in the Premiership for the good of the game’s finances.

The Bolton manager said: “It’s essential for the game in Scotland that Rangers get back to the Premiership as quickly as possible.

“They are struggling but new people have come in who I think have the best interests of the club at heart.

“Stuart McCall had a fantastic record at Motherwell. They need to get back to the Premiership for the state of the game up there – in terms of revenue, crowds, competition.

“It’s important and that’s why Scotland has struggled (in European competition).

“Celtic need it as well – the competition has been missing.”

Lennon guided Celtic to the knockout stage of the Champions League during his four-year spell as manager but revealed the overall deterioration of the Premiership's financial situation had triggered the sale of key players.

“It all depends on Celtic,” he said. “When I was there we ended up selling the crown jewels in terms of Victor Wanyama, Gary Hooper, clashes, Foster Ledley, Georgios Samaras.

“It’s very difficult to keep churning out those players but that was the financial situation.

“There’s no doubt the Scottish game is significantly weaker – Hibs, Hearts and Rangers are in the Championship and they were a big loss in terms of revenue, crowds, quality and competition.

“It’s lacking at the minute, it’s not in a great state. There’s seven or eight teams in in the Premiership who have average gates of 4-5,000 and with that it’s very difficult to compete with other European countries.”

Lennon's comments come less than a week after Celtic star Kris Commons admitted he would love to see the Hoops' arch rivals get promoted as he was missing Old Firm clashes

Jim Spence tweeted "booming".

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If Philip blogs it, then Densboy believes it.

The fact the loans only 1.5m is a good thing considering we were being told that we needed 10-15m.

So as it stands the 1.5 will do us till the end of the season, then we'll get the season ticket money in and more than likely do a share issue, where the likes of King will put their money in.

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Jings! The greenies won't be happy with wee Neily now.

NEIL LENNON has claimed Celtic NEED Rangers.

The fomer Hoops boss insisted it’s "essential" for Scottish football that the Ibrox club return to the top flight.

While Hearts claimed the Championship title thanks to Rangers beating Hibs 2-0 at Easter Road, Stuart McCall’s side are a whopping 26 points behind the Jambos in the table – and still in third place.

But Lennon told Goal.com he wants them in the Premiership for the good of the game’s finances.

The Bolton manager said: “It’s essential for the game in Scotland that Rangers get back to the Premiership as quickly as possible.

“They are struggling but new people have come in who I think have the best interests of the club at heart.

“Stuart McCall had a fantastic record at Motherwell. They need to get back to the Premiership for the state of the game up there – in terms of revenue, crowds, competition.

“It’s important and that’s why Scotland has struggled (in European competition).

“Celtic need it as well – the competition has been missing.”

Lennon guided Celtic to the knockout stage of the Champions League during his four-year spell as manager but revealed the overall deterioration of the Premiership's financial situation had triggered the sale of key players.

“It all depends on Celtic,” he said. “When I was there we ended up selling the crown jewels in terms of Victor Wanyama, Gary Hooper, clashes, Foster Ledley, Georgios Samaras.

“It’s very difficult to keep churning out those players but that was the financial situation.

“There’s no doubt the Scottish game is significantly weaker – Hibs, Hearts and Rangers are in the Championship and they were a big loss in terms of revenue, crowds, quality and competition.

“It’s lacking at the minute, it’s not in a great state. There’s seven or eight teams in in the Premiership who have average gates of 4-5,000 and with that it’s very difficult to compete with other European countries.”

Lennon's comments come less than a week after Celtic star Kris Commons admitted he would love to see the Hoops' arch rivals get promoted as he was missing Old Firm clashes

Jim Spence tweeted "booming".

He's not wrong though Celtic needs Rangers as much as Rangers need Celtic. The other clubs don't really need them at all :)

Edited by Milners
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The fact the loans only 1.5m is a good thing considering we were being told that we needed 10-15m.

So as it stands the 1.5 will do us till the end of the season, then we'll get the season ticket money in and more than likely do a share issue, where the likes of King will put their money in.

Maybe a cash for equity deal? Also regarding season tickets, won't we have to wait until we know which league we'll be i n?

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