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Rangers in admin.

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Rangers have lodged an intention to go into administration with the Court of Session.The Ibrox club lodged the notice in Edinburgh at Monday lunchtime.They now have five days in which to formally declare administrators have taken over the running of the club.Solicitors lodged the papers with the Court of Session on behalf of the club's directors on Monday.Rangers FC are currently awaiting the result of a £49m tax case with HM Revenue and Customs in relation to the club's use of the Employee Benefits Trust to pay players and staff.The Court of Session confirmed to STV that papers confirming the intention to appoint administrators had been received.
 

What tends to happen is a subtle name change to offset having to pay up liabilities to creditors. That happened a lot in Italian footy with clubs like Fiorentian and Parma.

I'd expect a new club name like Rangers Football and Athletic Company - for legal reasons.

Completely humiliating nevertheless.
 

What tends to happen is a subtle name change to offset having to pay up liabilities to creditors. That happened a lot in Italian footy with clubs like Fiorentian and Parma.

I'd expect a new club name like Rangers Football and Athletic Company - for legal reasons.

Completely humiliating nevertheless.

The SFA would have to dump them to the bottom of the Scottish professional league pyramid if that happened, otherwise the rest of the clubs up in friedmarsbarland would just do what Rangers have done every time they go out of business. The taxman would probably have something to say about that as well, after all they are on the hook for nearly fifty million quid.
 
feck em. Shower of tits. That'll teach them to feck us over for money off Bally!! Wonder where all their money has gone?
 

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