Rangers to enter administration

[StuartD]

Rangers have lodged papers to enter administration

http://news.stv.tv/scotland/west-central/297387-rangers-to-go-into-administration/

Take it we have lost the tax case then

Sad sad day (for some anyway)

 

[sydney greenstreet]

Great news, were gonna do the huddle when Rangers die.:whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo:

 

[fundy]

has to be horrific management (business), sell out every home game and guaranteed top 2 finish and some European football each year

 

[sydney greenstreet]

has to be horrific management (business), sell out every home game and guaranteed top 2 finish and some European football each year

Sell out every home game ? they had barely over 17,000 for a home game V Dundee Utd which i might add they got stuffed 0-2.

 

[FairwayDodger]

Very sad and the result of gross mismanagement (pre and post takeover).

Not terribly surprising given everything that's been going on but I'm still a bit shocked to actually read it.

Some will rejoice, no doubt, but if Rangers go Scottish football goes with them.....

 

[sydney greenstreet]

Very sad and the result of gross mismanagement (pre and post takeover).

Not terribly surprising given everything that's been going on but I'm still a bit shocked to actually read it.

Some will rejoice, no doubt, but if Rangers go Scottish football goes with them.....

No chance it is a Myth that if either side goes it is the end. Celtic will go on for 109 in a row :thup:

 

[FairwayDodger]

No chance it is a Myth that if either side goes it is the end. Celtic will go on for 109 in a row :thup:

Indeed they will and very few people will be watching.... that's my point.

 

[bladeplayer]

Great news, were gonna do the huddle when Rangers die.:whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo::whoo:

No winners in this , Rangers go so does some of the money , money goes = players go ,
players go = league goes . the english PL doesnt want any of ye so what then ??? see the bigger pictue mate as much as they hate each other they need the rivalry & the opposition to generate intrest in the games .. either rangers or Celtic going is bad news for SFA... cant be good for the future , & a I am not a rangers fan ..

 

[SS2]

From the BBC Website:

"Mr Whyte is understood to be the club's main secured creditor via a floating charge over its assets.

This would allow him to pursue other avenues such as receivership or pre-pack administration to satisfy the debts which the club owes him"

What money has Whyte actually invested ? OK, Lloyds bank was paid off but was that not from the mortgaging of future ticket sales ? Whyte only gave David Murray £1 for his shares. So what cash has he put in to result in the club owing him a debt ?

The whole thing stinks - it's a sad day for Rangers and the whole of Scottish football.

 

[Mungoscorner]

I'm absolutely gutted but not surprised,its been hanging over us for a couple of years at least.Yet more proof that Murdoch and his money is killing football.Unthinkable that a club as big as Rangers can end up in this predicament.I went to The Tinmans testimonial at Pride Park in 2006,capacity crowd for a testimonial at a stadium 300 miles from Glesga,shows how massive the fanbase is.

 

[jpenno]

The fan base may be massive BUT if the fans are not spending any ££ at the ground then there is no income

Celtic made a profit of only £180,000.00 in the last six months and whilst any profit is a bonus it does not bode well for the future of Scottish Football if neither club makes any money and cant therefore attract any reasonable players. The lack of players then impacts on European performance and the Scottish quota of Euro places drops resulting in less ££ into the game and the downward spiral continues.

Jelavic was supposedly sold to Everton to stave off the administration but Rangers have obviously had a draft of the HMRC judgment.

Scottish football may be heading Part Time

 

[Dodger]

Let's just hope that the Huns go the whole hog and die off the face of the earth.

Has Whyte spent that money he promised to the Hun fans yet?

There is a whole lot more news to break believe you me.....

A 29 point turnaround in ten weeks..... remarkable.:smirk:

 

[stevie_r]

Sell out every home game ? they had barely over 17,000 for a home game V Dundee Utd which i might add they got stuffed 0-2.

Scottish Cup game.

Spl Games:

played 13, total 596,082 highest 50,221 ave 45,852 capacity 50,444 pct 90.8%

jungle jims are:

13, 602,499 58,658 46,346 60,832 76.1%

 

[stevie_r]

Let's just hope that the Huns go the whole hog and die off the face of the earth.

Has Whyte spent that money he promised to the Hun fans yet?

There is a whole lot more news to break believe you me.....

and then all the plastic paddies at the San Giro follow them the season after

 

[granters]

It's the death knell allright. I was a long standing season ticket holder at Ibrox until a few seasons ago. Got fed up with old firm pettiness, and await the green half rejoicing in the news. One cannot survive without the other, it's as simple as that. I've lost interest in the game over the last few years due to the monotony of it all, and that's while my team were winning. If it's only Celtic, then we are truly doomed. Shocked, but not surprised, and funnily enough had just decided a few days ago that my as yet unborn child will be a Killie fan rather than either of the old firm. Probably just as well.

Whyte's plan has come together beautifully it would seem

 

[stevie_r]

The problems for the SPL will only multiply if Rangers go totally under - the TV deal currently is a pittance compared to the EPL. If Wolves go down this season they will receive a parachute payment next season in the Championship which is greater than the whole SPLs tv revenue for the year! With half the old firm gone I doubt there would even be a deal - just OF game re-runs on Dave.

Be careful what you wish for Celts - or will your massive 180,000 profit over the last 6 months see you through?

 

[chrisd]

I'm off in a minute to a meeting of the local football club that I help and our Chairman is Scottish and a die hard Rangers fan --- oh what fun I shall have tonight, makes going out in the cold all that more worthwhile!!

 

[granters]

Well said Stevie. It's the small minded attitudes that drove me away from it. They're called the old firm for a reason, essentially half the business has just gone under. Celtic without Rangers has no appeal whatsoever. Can you see 60,000 turning you to watch them play St Mirren et al all season? I'd give that 2 seasons before they're shutting half the stadium, and playing a youth team.

It truly is desperate that inevitably people cannot see the bigger picture

Mon the Killie...

 

[Dodger]

Unfortunately the Huns won't die as this move is pre planned so that the £49m owed to HMRC becomes a smaller amount.

Not only have they not paid what they should have over the years but the no shame club will dodge out of paying in full what they actually owe anyway.

Todays breaking news is the tip of the iceberg,more,worse news for the Huns will follow.

I used to hate Mondays but today has been pleasing.

 

[sydney greenstreet]

Scottish Cup game.

Spl Games:

played 13, total 596,082 highest 50,221 ave 45,852 capacity 50,444 pct 90.8%

jungle jims are:

13, 602,499 58,658 46,346 60,832 76.1%

At least the Jungle Jims can laugh at Rankers the way Rankers laughed at Celtic before the Bunnet saved us in the early 90's