Rangers liquidation unlikely within days

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“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.

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394 Comments

  1. merseycelt lmfao as the big house door slams shut on

    Just peed ma pants when Delahunt asked that horrible hun how he felt the huns had performed on the park this season.

     

     

    To be fair, he answered it reasonably.

     

     

    The re-hab of the horrible hun(s) commences!

     

     

    No?

     

     

    HH

  2. can anybody tell me who this ‘rangers’ mob are?

     

    what is ‘ibrox’?

     

    confused…………………………………………………….

  3. For God’s sake.

     

    Surely its time for the government to step in with an interest free non repayable loan.

  4. Medical metaphor:

     

     

    Have the huns done cardiac arrest?

     

     

    They are now in a week long coma…the docs are saying: “its pointless this going on any longer…it only excites false hope…we need to pull the plug.”

     

     

    Eeeeeeeeeeeeeeee…

     

     

    Get the priest in for the preliminary exorcism…then we can administer last rites…

  5. This is so difficult to take………

     

    I am trying to listen to Snyde, Shortbread and the telly all at the same time.

     

    The pain from each of the contributors is palpable….wee Chick almost in tears and clutching at any available straw.

     

    I have never endured such pain so joyfully!

     

     

    As for the players and mgmt at hVnville….we don’t do walking away….my ass…..Why not take a paycut if they are so loyal?

  6. starry plough @ 18:14,

     

     

    “Only in Scotland do we airbrush airbrush airbrush..”

     

     

    Living in England I find it amazing – whether it’s the refs strike or administrators or football authorities you get a spokesperson said……

     

     

    Most times in England you will get the President of… The Director of… The Leader of…. The person in charge of….

     

     

    The Leader of the LMA gave Chelsea pelters, much worse than I’ve heard in Scotland for RFC, what did they do? Sack a Manager!

  7. ibleedgreenandwhite1 on

    HECTOR – Moonbeams WD. Kano 1000 \o/ Supporting Neil Lennon 100%. Eating Jelly & Ice Cream. Awe Naw… on 7 March, 2012 at 18:42 said:

     

    IBleedGreen&Whyte

     

     

    Huns have a similar problem except they have too many ears and not enough radio stations or people telling them the truth allowing the prospect of Hun FC sinking in.

     

     

    MWD

     

     

    Ha ha ha ha ha too many ears and only one eye brow :D

     

     

    Hail hail

  8. Auld Neil Lennon heid on

    Haw Keevins

     

     

    You are stealing the lines re the morality of tax avoidance I fed you last October.

     

     

    The fud he is talking to is indicative of a a bent mindset.

  9. angelgabriel on

    Flanders & the fat pig on snyde. Channel changed.

     

     

    Chico sounds like an infant pleading his innocence with the teacher after being caught

     

    looking at the answers at the back of the book.Bumbling flapping hurting hun.

  10. Every thing that

     

     

    has said..Jim ,his Said.. Who is Jim..by the way..

     

    Ah Agree Wi!

     

     

    Crivvens~

     

     

    Ah like JIm.

     

     

    Kojo..

  11. criminal minds on at 7…

     

     

    I’ll just watch that instead of listening about the criminals…

  12. How often have we heard then say “there will always be a Rangers.”

     

    They certainly don’t seem so sure now. How their arrogance is being richly rewarded.

  13. Is this the same radio Clyde i listened to a few months ago?

     

    I’m sure they said anyone who suggested “ra berrs” where in financial difficulties, were “internet bampots” Celtic fundamentalists”.

     

    Na, must have been somewhere else.

  14. sparkleghirl on

    IF rangers can’t fulfill fixtures and get docked their points, they will be relegated.

     

     

    Then there is surely no space in SPL for a newco, without exanding the SPL. Surely?

  15. ArranmoreBhoyLXV11 on

    Gus on SNYDE .. That’s Why we liquidate them!!!

     

     

    Fools like him saying Whyte a hero…

     

     

    GIRUY..

     

     

    Mon the hoops

     

     

    Admins MUST VE known this .. It’s a drip fed liquidation…

     

     

    HH

     

     

    PS.. Goram a disgrace being on..

  16. Hugh advocating Rangers get the same help from SPL as Gretna.

     

     

    That should pay the administrators for a day or two.

     

     

    What then Hughie?

  17. so the rangers are no deed yet, WTF, every day is a day to long, please, please, please die.

     

     

    i’ll even go home if you die, have we got a deal is it worth it

     

     

    i know, i know we need then, we’re all doomed blablabla!!!!!!!!!!!!!!! but if we keep them for another 140 years will we no all be dammed anyway

     

     

    jelly and ice-cream please!!!!!!!!!

  18. kevinlasvegas on 7 March, 2012 at 18:05 said:

     

    balanced studio with goram and keevins. awesome.

     

    ——————————————————————

     

     

    Balanced?

     

     

    Is Goram sitting on each side of Keevins

  19. Help me Guys..

     

     

    Is Hughie oan.. Clyde One.. Super Scoreboard..

     

     

    Ah Still HIvnae Heard A cheep fae Him

     

     

     

    Am Ah on the wrang Program?

     

     

    Kojo

     

     

    Puzzled.

  20. northbhoy ... \o/ on

    jock steins celtic on 7 March, 2012 at 18:36 said: Who are the Blue Knights ? Chic stumbling over that one.

     

     

    King Mendacious and Blu Minty Knight (1)

     

    Just like Don Quixote and Sancho Panza tilting at windmills.

     

    HH

  21. Derek Johnstone on RR “If you are a millionaire, are you going to put 10 or 20 Million of your own money in”

     

     

    What? A millionaire would need to borrow 9M to put in 10M. It’s a multi-multi-millionaire or billionaire that is required.

     

     

    LOL

  22. From Rangers Media…..and the last sentence sums them and their arrogance up wonderfully well. The xxxs are mine since we don’t use such language on this site

     

     

    Administrators are supposed to cut costs and get a business on a better financial footing. Duff and phelps have the power to cut and fire staff and they have not done that. Last week they said liquidation was highly unlikely but now they are essentially saying it will happen without cutting costs or new investment.

     

     

    Their only job is to cut costs. They have not done this and if the club is liquidated without forced cuts being pushed through it will be us that will need to ensure an independent investigation is carried out to assess why they did not so what they were brought in by the courts to do. Hopefully they are just playing hard ball.

     

     

    Send a tweet to mark daly he knows how to investigate. Wish i listened to the cxxx regardin whyte