Little General

Club Statement http://www.rangers.co.uk/news/football-news/article/2610942 FOLLOWING today's court proceedings in Edinburgh, Rangers Chairman Craig Whyte issued the following statement. "As a consequence of court proceedings instigated this morning by HMRC, the board of Directors has regrettably taken the decision to appoint administrators with immediate effect. "The Club did not want nor anticipate having to take this course of action today but had no option. We had hoped that continued dialogue with HMRC would mean that a decision on administration would not have to be taken for 10 days while all other avenues were explored. "Due to its cost structure, the Club has been loss making for many months.This situation has resulted in increasing liabilities and the Club has been in discussion with HMRC regarding these liabilities. "These liabilities combined with the threat of the outcome of the first tier tax tribunal left the Club no option but to formally restructure its financial affairs. "It goes without saying that administrators will work towards a solution that will be in the interests of the Club and its creditors. At no stage has a solution been sought where my personal interests were put before the Clubs. The Club and our supporters come first. "It remains our firm belief that the Club's future can be secured and we hope this period of administration will be as short as possible. "As Chairman and a Rangers fan, it is very painful to see the Club being deducted 10 league points but I would urge all Rangers supporters to rally round Ally McCoist and the team in these difficult times." David Whitehouse and Paul Clark, of Duff and Phelps, will conduct the administration. Paul Clark said: "As administrators we have a statutory duty to act in the best interests of all creditors and we will fulfil that function diligently. "We fully recognise the great history of this club and what it means to people throughout the world. "Whilst today is a sad day for Rangers, it also addresses the terrible uncertainty that has been hanging over the Club. The administration period, while difficult for all involved, will give stability to the Club in order to move forward. "I can assure all Rangers supporters that all aspects of the administration will be carried out with the interests of the Club firmly in mind. As a first step, the administration team will ensure that Saturday's match at Ibrox will proceed as planned and all other routine Club business will continue."

it will be on,it can be played behind closed doors. ps they were selling tckets today at the ticket office.

i don't, however losing the league by 9 points or less would be nice.just to show them we could have won it without administration.

excuse my ignorance but will a AGM/EGM be called.can it be called?

who RSA or RST? There has to be someone credible to start the ball rolling. with all due respect all that i can see for now is fans wanting to put money in willy nilly.this will get nowhere. there has to be a concerted effort from prominent players,fans and politicians.

Motherwell went down this road this season.I don't know how it's worked out.

HMRC will never get that sort of money.

Craig Whyte just said up to 75million+ in tax case.FFS. £49 million rest in penalties

taken from FF.

statement from Rangers soon from SSN

do the rules for pre-pack admin not change in April?

nothing on the Rangers website. an explanation should be in order.

did you expect him to ask for clarification?:tlb:

Redknapp has a dilemma as if he takes the England job, he will have the same problem that Capello had re Terry. after what Redknapp went through and him stating how Spurs supported him through thr trial,he will surely have to support Terry before his trial.

Milan 1- 2 Juventus .cracking goal from Casceres

it's the fact that they are getting big decisions going their way. after last year shenanigans by them it seems to be having an affect this year. could you imagine the furore if it was us that the two disallowed goals went for?

i'm currently switching channels between 4 games. Middlesboro 1- 1 Sunderland sky channel 993 Milan 1- 1 Juventus ESPN Barca 1-0 Valencia Sky Sports 2

4-0 now:frown:

only seen it twice,however i thought there may have been a case for hand ball from Ledley as well

clearly over the line

http://m.facebook.com/pages/The-Bluenose-Rangers-Supporters-Assembly/200509926704378?id=200509926704378&refsrc=http%3A%2F%2Fwww.google.co.uk%2Fsearch&_rdr#!/profile.php?id=200509926704378&v=feed&__user=0 Delegates from the Rangers Supporters Assembly met Chairman Craig Whyte today, 5th February following recent media coverage of the clubs financial position. The supporters representatives were mandated to confirm when the Club's full financial statements will be available to shareholders and fans alike. The Chairman confirmed a meeting will take place with the auditors Grant Thornton tomorrow, Monday 6th February and has agreed to provide details and the timetable for publication following the meeting. The Club must provide signed accounts by 31st March 2012 to meet SPL and UEFA deadlines

I see the PM was asked about HMRC and Portsmouth. Why has there been no political figures up here demanding answers? are we devoid of any political influence? http://www.bbc.co.uk/news/uk-england-hampshire-16833798

Dave King has been remarkably quiet so far.I would have thought the media would have requested a statement/quote from him. I do get the impression he sides with the previous board members

we can all go to bed now.McCoist fails to persuade Whyte to release funds http://sport.stv.tv/football/scottish-premier/rangers/295827-rangers-boss-fails-to-convince-board-to-sanction-signings/

strange that after all the write up he's been getting,no move or bids for Jordan Rhodes of Huddersfield.