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Ibrox Hived Off To Seperate Newco


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I'm trying to take a deep breath here, seeing if there is another, good reason for doing this. For example if we lurched back into administration would having the grounds under a separate company protect them from creditors? Is it a strategic move by Green to protect assets from something as yet unknown.

I'm guessing here because the the obvious thought, that Green is hiving off assets simply to make more money from us is quite frightening. As was said above without players, a league to play in and now a ground what is actually left?

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tbk were of the opinion green was the only person d&p planned to sell to from day one. green has said he knew he would own us in Feb.

 

the whole thing reeks.

 

He resigned as a director of the Formation Group on 22 February.

 

What business are the Manchester based Formation Group in again, ah that's right they're property developers.

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