Even if Rangers don't go bust morally they are bankrupt.
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Even if Rangers don't go bust morally they are bankrupt.
Rangers are in a ridiculous situation for a club of their size. Regardless of who is to blame they are a club who have been ran in a terrible way for years. Craig White may have put the final nails in the coffin but David Murray committed the murder. Now there is 3 or 4 bidders looking to but the club and all seem to want to come out of administration using a CVA. This is fine but the problem is Rangers have ran up these debts and if they do enter a CVA and come out of administration they wouldn't even pay half of the money they owe they may pay as little as 10% which could be anything from £5m-£13m thereby screwing the tax man and every single person that pays tax in Britain.
If Rangers are out of administration before the start of next season there is no guidelines to punish them and they can move on with no recriminations and a clean slate. This is an almighty slap in the face to well run clubs like Celtic who pay there bills.
What would be a fitting punishment? Personally I think the tax man should go for every penny they owe and if they go bust then so be it.
Another thing Alex Salmond had no place in getting involved in this. When did he step in for Dundee, Gretna, Livingston or Hearts.
If Rangers are out of administration before the start of next season there is no guidelines to punish them and they can move on with no recriminations and a clean slate. This is an almighty slap in the face to well run clubs like Celtic who pay there bills.
What would be a fitting punishment? Personally I think the tax man should go for every penny they owe and if they go bust then so be it.
Another thing Alex Salmond had no place in getting involved in this. When did he step in for Dundee, Gretna, Livingston or Hearts.
SugarRayRussell (PBK)- Posts : 6716
Join date : 2011-03-19
Age : 39
Re: Even if Rangers don't go bust morally they are bankrupt.
There's also the issue of the second contracts. If this is true, Rangers knowingly broke the rules for over a decade. The SFA will have to take action, and the punishment has to fit the crime or they will weaken their position.
6oldenbhoy- Posts : 1174
Join date : 2011-02-18
Re: Even if Rangers don't go bust morally they are bankrupt.
Celtic just won the league, yet the talk is still about Rangers, obsessed much?
RinoGattuso- Posts : 687
Join date : 2012-01-02
Re: Even if Rangers don't go bust morally they are bankrupt.
Biggest talking point in the history of Scottish Football. Not an obsession this is one of the first times I've talked about this on here.
Yes we just won the league and we did it without being morally bankrupt, jealous much?
Yes we just won the league and we did it without being morally bankrupt, jealous much?
SugarRayRussell (PBK)- Posts : 6716
Join date : 2011-03-19
Age : 39
Re: Even if Rangers don't go bust morally they are bankrupt.
I can't get my head around these accusations of being "obsessed" about Rangers. It is the biggest story in Scottish football, and effects us directly, yet we shouldn't talk about it? Why is that? If the shoe was on the other foot, would Rangers fans not be doing the same?
6oldenbhoy- Posts : 1174
Join date : 2011-02-18
Re: Even if Rangers don't go bust morally they are bankrupt.
They owe us money and Lawell got stick for not wanting to give cash up front for tickets that he had no legal obligation to. Another case of the Scottish press writing stuff without doing any homework on it first.
SugarRayRussell (PBK)- Posts : 6716
Join date : 2011-03-19
Age : 39
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