“However, no one should be in any doubt that in the absence of sufficient cost-cutting measures or receipt of substantial unplanned income, the Club will not be able to fulfil its fixtures throughout the remainder of the season.”
Statement from Rangers administrators, Duff and Phelps.
Lots of speculation that this is the end. I don’t think so. Duff and Phelps have made practically no cuts for 23 days, it would be professional negligence for them to fail under these circumstances. They must have enough cash available to pay rates, electricity, police, around 20 youth players and various small invoices between now and the end of the season.
Unless an event happens that has yet to manifest, they will almost certainly survive until the tax tribunal verdict. It will not be pretty, and unless you are older than 35, it will not look like any Rangers you have known, but they will linger for a few weeks yet.
Issue six of CQN Magazine, the Fit and Proper edition, is set to become a landmark collectors item. You can browse the magazine online here but you can buy your own hard copy by clicking on the link below. Read with 20-20 vision…..
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