der Berliner

Nope. Davis is one of our most sellable assets, along with the others named. If anything, they will try to get a pay-cut deal with him and the rest ... though McGregor and McCulloch are said (!) to have offered playing for free anyways. The high-earners listed above are those considered the most safe according to some on FF, since they are not only the backbone of the team, but also, as I said above, those who could command a decent transfer fee.

As posted in another thread, one rumour now goes that we actually won the big case, but HMRC is only willing to do a CVA with us when we pay up all the VAT et al stuff accumulated over the Whyte period in full. (And yes, I'm bulletproof!)

From one of the moderators at FF (and that does not make him an reliable source)

A couple of updates .. snatched from FF Sherbrook Loyal (Moderator)

That's the spirit!

Halo - REACH does the trick to, or do some real work. Whatever happen will happen, whether we watch it or not. I'd rather despair at the end of the day, not with every single player leaving or supposedly leaving.

Anything official bar Wylde then?

Well, I always watch on in admiration when Ally shakes the hand of the opponent's players once they leave the field. Never ever saw that happening anywhere else* and it shows the respect that he has for the professionals on the field. We did not exactly cover ourselves in glory at times, but that does not validate the open hatred and animosity shown towards us from all strata of Scottish football. What beggars belief is the fact that by openly antagonizing us to the limit, they dig their own graves. But the hatred of Rangers is apparently more important to them and theirs than their own survival. *BTW, I noted the same gesture in the movie A Shot at Glory, featuring a certain Ally McCoist.

Of course, the question remains about what exactly is being discussed here. While the FFer intimates that this might concern the "big case" (when do we finally get an answer for that, BTW?), it could also refer to the 9 to 15m we apparently own HMRC from the Whyte era. As of Whyte, it might be that the admins are now confident that his status as creditor might be neglectable? (Not that I have a clue!)

That happens when football people think they have suddenly developed a knack for business stuff and hare after a rumour from you-know-who ... maybe?

An article to be linked later on today, typed by a fellow poster on FF: Essentially it looks that EBTs do not count as part of contracts and if the latter had been registered with the SFA, they can do nothing about the EBTs, who were discretionary stuff between the player and the club, perhaps linked to winning the title, reaching the CL and whatnot. You'd hope that if the government adviser in such things says this, the SFA / SPL has no room to target us about it ... even in this day and age. Another poster of some standing over there reports that the admins and HMRC are discussing (!) a CVA as we write.

I share your sentiments entirely and it hurts to see "my" club in this scenario.

Many people have asked how to instantly help the club with money. While the various schemes and ideas have been floating about, the administrators said that the revenue they can use instantly is indeed ticket sales, buying items from the club shops, using hospitality and the like. I got into contact with David Melvin of the Rangers media team and asked him whether subscriptions to the RangerTV services would help too and his reply was: So if people like to invest some money - starting at a moderate 3.99 a month - here's another chance. Of course, listening to Tom Miller & Co. on Rangers Radio and/or watching the games live is a jump in quality to what you are offered somewhere else. Rangers TV / radio

And to add to my reply above, once we are out of admin, we should actually take these questions to the SPL clubs or the SFA. If they want to make a precedent of us, why have they not done so before? Hearts? Why it is us who they like to punish first (Aluko springs to mind, though unrelated)? Make no mistake here. The forces at work IMHO (and no, you do not need to be paranoid) come all from just a short distance away and some investigative reporting needs to be done about who is running the strings behind the scenes.

View from afar: While all of the above is true and it all looks grim at the moment ... do keep in mind that the football world* only casts a side-glance in our direction and at our misery. It is "just" an episode that happens now and then all over the planet, to small clubs and to great clubs. And it is an episode that will pass into history and will (!) be forgotten by the football world very soon. For the latter is only interested in football matters, titles, fame, and the standing in the history of football and tradition. We** all currently live in a hysteria climate and our enemies milk every moment and make it appear that this is the "end of days" story since the print machines were developed. And of course it is very hurtful to the Rangers support to be dragged into this and be treated like this. Which we should remember and keep in mind. But we should not overreact either. We have suffered it and have to learn from it. And we have to look to the future and try to make somesuch not happen again. This is the essential lesson learned from these days. For one thing is for sure: while the Hooped Horrors will never cease to let us know about this, the football world does not care. It moves on while we move on and it will as calmly report about title No. 55 (and hopefully many more) as they did about this dark blot on our off-field history. The latter though will never appear in any record books, nor will stay in the memory of the football world for long (if it ever took note, that is). *And yes, while NewsNow et al may make this look like each and every football reporter is all over this story, the fact is that they aren't. 90% of all the hysteria and reporting comes from within Scotland and remains there. 9% of the rest are BBC reporting which is sadly spreading out the bad publicity all over Britain - since the World Service hardly takes a glance at Scottish football. What makes the headlines in other countries is what the BBC publishes on their websites et al and is seen as genuine reporting by the rest of the world, since they do not know the level this company has sunken to. **That is the Rangers fans in Scotland. Over here, a few words have been lost about the fact that we have called in the administrators. Before that and afterwards, there was essentially nothing ever been said. While it concerns Rangers supporters worldwide, the football world as such "just" moves on.

IMHO, if they want to impose such draconic measures, there will be a lot of lawyers and officials having a field day in shooting them down. We are doing sports here and if they want to chuck out fairness from the off, because we have been the most successful team in the world and they are not ... and they want to even that out - with only one team really getting all the benefits - well ... I think it is essential that we are out of administration sooner rather than later. And it is also essential to keep in mind those who come up with this open animosity towards us. I for one would show the ice-cold shoulder to them for about a generatiuon, should they come calling for assistance, help, or whatnot.

Well, sometimes you do wonder. The admins make a statement that discussions continue and it essentially gets ignored or twisted by nigh all news outlets, so each can crawl over one another for a negative headline. NewsNow (01.05 GT)

With regard to more evenly distribute money ... the figures are of course all out there. We or the Hooped Horrors do get a greater share, but we also have to pay e.g. much more for policing and somesuch on a matchday, given that our crowds are up to ten times higher than at other SPL grounds. I have, though, no idea how the money is distributed these days. The figures are out there and if the distribution can be done better or fairer than now, no problem on my part.

I'm actually not sure what our average wage would be. We do have a few "high earners", but the bulk of players currently making up our first team will sure not earn above 7k a week, many far less. The HP lists 27 players as first teamers with Hemmings, Kerkar, Little, Aluko, Mitchell, McCabe, Ness, Celik, Perry, and Gallacher surely not topping even 3k a week. If I still take a guessed 7k a week as average, we would pay out 190k a week in wages for the first team.

As is being noted on FF, we are racking up quite a potential bill for the admins too, so that adds to these 1m. On a sidenote, they are actually wanting to save 1m a month, not saying that we lose 1m a month.

Speaking of Gretna? Why not speaking of Hearts, supposedly 30m in the red and constantly late in paying their players?

When debating Rangers' "fragile" financesthese days, you may point out that it took one out-standing payment of 85k from Rangers to have Pars players take a wage cut. What would happen to the SPL teams if there were no Rangers, or Celtic for that matter?

Just to compare this ... how much money are other clubs losing per day? While I am at it, the admins say they want to save 1m a month, not that we are losing 1m a month. If they agree to the proposal of the players, these "losses" should go down quite a bit, so where else could they make any cuts? Ally already works for free, it seems? With regard to the HMRC thing (No. 14) ... the admins told the RSA representatives ... Well ...

This may answer your question about what our admins have been doing these days. And I would assume that this is not the only work accomplished.

That is maybe because we are not "just another football club", things are not overly clear and information easily obtainable, potential buyers linger about (or not). Quite a few possibilities out there to explain this. Unless I am mistaken they gave investors another 10 days to show up, while having 8 weeks for their first report. We do not exactly know what they are actually doing 24/7, btw.