The Real PapaBear 0 Posted February 18, 2014 Share Posted February 18, 2014 There's limited options for what happens when we run out of money. We borrow We fold We sell assets We get investment or Number 5. We go into Admin 2 and King buys us for a fraction of what it would cost him otherwise. If we get docked 25 points, we are still likely to be leading the league and at worst in a play off place. It's more than likely that the admin period would be very short and sweet if King has his eye on owning us. 0 Quote Link to post Share on other sites More sharing options...
gisabeer 409 Posted February 18, 2014 Share Posted February 18, 2014 administration may not be a bad thing. It might well rid of of the parasites that are bleeding our club dry and give us the chance to rebuild the club the way it should have been done in the first place. The only thing we do know is that we are being grossly mismanaged. I really don't see any real future for the club as long as the current board are in charge. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 18, 2014 Share Posted February 18, 2014 Ach the last administration only led to a change in parasites if that. This one would even do that. If we go into admin it will be because that's what the spivs want and king won't be allowed near us. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted February 18, 2014 Share Posted February 18, 2014 I believe so. That doesn't sound good. Nothing would surprise me though. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted February 18, 2014 Share Posted February 18, 2014 can you reveal more? We will receive a loan to ease the cash flow crisis, the upshot of which will leave the spivs in an even stronger position than at present. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 18, 2014 Share Posted February 18, 2014 Ah one of those loans. Arrangement fees and penny shares. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted February 18, 2014 Share Posted February 18, 2014 Charlotte2Weeks @Charlotte2Weeks Jan 29 It is in the best interest of Rangers that the real owners are made known. Expand Charlotte2Weeks @Charlotte2Weeks Feb 16 Gazette notice ready. An Ibrox Insolvency event will take place before March. Voluntary Liquidation and asset sale 100%. Expand Charlotte2Weeks @Charlotte2Weeks Feb 17 If they can't afford this months players salary they will Liquidated before payday which is the 27th. Collapse Charlotte2Weeks @Charlotte2Weeks 2h Please remember it was Sevco 5088 who borrowed £8.5m from Zeus Cap. Yesterdays announcement will have Green, Ahmed, Zeus & SFA quaking. Expand 0 Quote Link to post Share on other sites More sharing options...
andy steel 0 Posted February 18, 2014 Share Posted February 18, 2014 Charlotte2Weeks @Charlotte2Weeks Feb 17If they can't afford this months players salary they will Liquidated before payday which is the 27th. That'd be the quickest admin into liquidation event in history, then. A 10 day period? Sounds unlikely, although the basic premise, unfortunately, doesn't. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,246 Posted February 18, 2014 Share Posted February 18, 2014 Hysteria beckons ... again. I'll by a ticket for tomorrow's lottery then, Euro 16m on offer. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 18, 2014 Share Posted February 18, 2014 That'd be the quickest admin into liquidation event in history, then. A 10 day period? Sounds unlikely, although the basic premise, unfortunately, doesn't. True but a controlled admin ie a pre pack does mean liquidation so don't rule it out completely. 0 Quote Link to post Share on other sites More sharing options...
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