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Big Rangers Administration/Liquidation Thread - All chat here!


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Fingers crossed

https://billmcmurdo.wordpress.com/2015/03/18/no-bounce-effect-from-new-board-or-manager/

The word is that HMRC have not been paid for last month and there is not enough cash to pay wages at the end of this month.

Sports Direct will only advance money from the £5m facility if due diligence is satisfied. That will be a problem considering the short time scale. Besides which, it would be extremely embarrassing if the new board were to be seen going cap in hand to their opponent in the boardroom war.

They could come to an arrangement to resolve that amicably though...maybe Sports Direct could get a couple of seats on the board.
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I would have thought with the arrival of the 'good guys' and the loyal boycotters appeased that the aforementioned 'good guys' would have announced their investment plans. They must have been working on figures even if it was only ball park figure but you would have gotten funding in preparation, especially with the vote at the EGM.

Hearts fans would be a good indicator of recent boardroom takeovers after money problems and historically Dougie Rae, Stephen Thomson (not in the same financial mess obviously) and further back the Bunnet at Celtic. All came with plans as its better to keep the momentum of any business on the up. To me they expected a greater response from the support to hide the financial woes and brought in McCall with a further intent of looking to do something but actually it is papering over the structural flaws, the plight on the park is an additional Lolfest.

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Klueless Kenny Black :lol: Couldn't manage a piss up in a brewery, will fit right in at Ibrox

How does old Red Card Black ever get anywhere near a Rangers dugout?

If I'd have said a decade ago he would be the assistant Id be taken away.

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King said he was going to put £20 million in. With the wages due next week I can only assume this has already been done or is in the process of being done.

He also said he'd put £20 million into the old club. That wasn't true either.

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