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It's the Sun so hopefully as untrue as many of their stories, but...


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It's the Sun so hopefully as untrue as many of their stories, but, it does chime with Keith Jackson's recent statement that we'd have no money in weeks, not months and if you remember the original estimate of "last million by April" and deduct unseen pay offs since that prediction then this is scary enough, despite the source. The emboldening at the end is by me, not the paper, to perhaps give a more hopeful reading experience for you - though again it is a dodgy source.

 

"RANGERS are at the centre of a financial cover-up investigation over claims the club will be broke within two weeks.

 

The stock exchange inquiry was launched after an Ibrox official is alleged to have forecast they would run out of cash by mid-February.

 

New chief executive Graham Wallace has assured fans there is no danger of a second plunge into administration — two years after ex-owner Craig Whyte steered the club to its doom.

 

But in a complaint to the AIM exchange, a disgruntled investor writes: “It’s the worst-kept secret in Scotland that the club is running out of money in the next few weeks, yet the board has made no announcement.” The shareholder says Rangers should have disclosed any projected shortfall under stock market rules. AIM chiefs have vowed to investigate the claims.

 

An Ibrox spokesman said they could not comment on regulatory matters. But a source said last night: “It’s untrue — there are people trying to undermine the board." (By Cameron Hay)

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I wouldn't put it past them, SC.

 

"Ibrox official is alleged" covers a multitude of potential get-outs...

 

 

Wouldn't be surprised if it were true though, despite these sources. It fits with other things we've been told....or maybe the last few years just make me automatically assume the worst

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But in a complaint to the AIM exchange, a disgruntled investor writes: “It’s the worst-kept secret in Scotland that the club is running out of money in the next few weeks, yet the board has made no announcement.” The shareholder says Rangers should have disclosed any projected shortfall under stock market rules. AIM chiefs have vowed to investigate the claims.

 

bear in mind as well this isn't a secret, Wallace has said several times we need new investment

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