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Big Rangers Administration/Liquidation Thread - All chat here!


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Good to see Hellbhoy back getting aw the berz rattled n'that :D

Wee barrel, huge fishy & a 12 gauge twin barrel shotgun Henrik, ^_^ it's almost like the sheep up north in the fields where they walk backwards towards you, easy pickings present themselves. :lol:

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The club is by the season end be in as much as £32 million plus in debt to the holding company, in the event of administration such as the previous incarnations demise every asset the club had was sold for a measly £5 million plus. The clubs only problem then was that it wasn't a viable business of it's own owned and operated such as the new incarnation of the club is by another entity as an asset to the owner.

So in the event the holding company calls in the administrators the club/clumpany as a viable business itself will be realised as a more valuable commodity to sell rather than selling of the assets so that the club gets liquidated. The administrators will get more money by selling the club/clumpany intact to any prospective buyer because there is far more value in selling on an asset "the club & it's assets" rather than a fire sale of the clubs assets to the highest bidder and they then have to go through the same process as Chucky and have to reform another Rangers FC in the lowest division.

^^^This is the very definition of a word salad.

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No one summed up the spirit of this thread more than Turnbull Hutton. A sad loss

A rent a gub mouthpiece?

What's he said now?

Edit .. Just read the news about his passing, put my foot in it a bit there.

Edited by bennett
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Jesus, Bennett, we all know you are a witless fud but surely the last three words in the post you quoted would have given you a clue.

Small screen and just skimming through, just another cock up really.

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