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QUICK NEWS 4am Update Feb 2, 2012

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Yours For A Pound! Did  Craig Whyte buy RFC for a £1 with a Payday Loan? (www.philmacgiollabhain.ie)

Rangers Boss Fails To Convince Board to Sanction Signings. Ally leaves Ibrox clutching his injury list. (STV)

Is It Unthinkable That Rangers Could Cease To Exist As A Football Club? Administration? Liquidation? This is really getting serious…. (Herald Scotland)

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