unlikely  for nobody  to come out the woodwork flashing a checkbook with funds init ?

the administrator is in charge  and  has  the total say  ,to any agreement  ,,and the  courts put him in that position ,pity players could not see sense ,   and will now be pushed .

...15 amateurs can play till end of season costing nothing to give  breathing space to find a buyer  ,longer it goes on less and less for  creditors  ,as he  needed to  keep the players as assets on the balance sheet  ...pretty sad day for  whole of  football world wide and a wake up call , golden  goose no longer laying eggs  .....................?  HMRC  had  stacks  out  the club over years  starting with 20%  off every  game  V.A.T.  A LOT OF LOLLY  .

all clubs watching how this lot unfolds  ,ready to travel in RANGERS FOOTSTEPS  .

Hearts are 30m in debt ,with your owner about to walk away , Hearts are f**** as well , big diference no one will give a toss

.
http://www.youtube.com/watch?v=P3_hyBbvFZI

can't see liquidation happening, be some lean years ahead but thats no harm..

this is all because of prods and catholics. ****in shame on u its just football

First it was the Whyte Knight.
Then it was the Blue Knight
Now it's Night Night.

some real ill informed nonsense being written on this thread , prods and catholics has 0% to do with what is happening to RFC at the moment , dont see Celtic having to much difficulty attracting 50,000 to Parkhead every 2 weeks say 20 times a Season with only 2 of these games being against Rangers 4 at a maximum with Sky money only accounting for 3% of Celtics current income , and with regards to RFCs future it cannot be in Div 3 , 2 or 1 in Scotland it can only be as they exist at the moment or as a New Co but only in the SPL and thats only if they are voted in , so in short here is what can happen

Rangers stay in the SPL as they are after coming to an agreement with their Creditors in the form of a CVA , this is highly unlikely as their Main Creditor is HMRC , yet this is what Craig Whyte is claiming will happen .

Rangers are bought over by a Sugar Daddy/Daddies that pay off all their Debt (anything up to £75m) and they remain in the SPL trading as normal as Glasgow Rangers , again highly unlikely as who in their right mind would take on such a Debt as well as a Company currently running at a £1m loss per month ?

Rangers Win their case against HMRC are bought over and drastic cuts are made in order that they can run the Club at a profit and remain in the SPL

Rangers go into Liquidation and cease to trade as Glasgow Rangers they could then reform as a New Co and re apply to join  the SPL which obviously can go one or two ways , a Yes and they are back in a different form in the SPL though in a much weakened state eg No European Revenue for at least 3 years and with a Squad starting from scratch , a NO and they have nowhere to go and therefore cease to exist

On top of all that they have an SFA Inquiry into Financial Irregularities (2 Contracts) to survive as this too can put them out of business , a Legal Inquiry into Craig Whytes right to be a Fit and Rightful Owner/Director of a Company , a probable UEFA Investigation into their Business Transactions and the owning to  Ticketus the amount of £24m for future Season Ticket Sales .

All in All I'd say their Future is anything but Orange/Bright

It;s  voluntary administration  as an offence  to trade insolvent  ?  they hung themselves out to dry   ?

At the administrators very first press conference it seemed strange when they said they'd had ties with rangers for the previous 6 months. Plus the administrators were in favour of signing Daniel Cousin on £7500 pw when the club was in administration. FFS, what good was that going to do the creditors???

Going to happen Friday supposedley.

Mind you the administrators have stated this umpteen times and nothings happened.

Unfortunately  I dont like to see a club  get themselves into  this type of  scenario  ,as its a precious  asset to  fans , local  jobs ,local economy  generally  ..butcher baker  etc , and country as well .

Sorry day  ,,their will be more as time goes ,,on this  one  is small edge of the wedge , only thing , its not the  banks that  called them in  , how did they miss out ,RANGERS must have  exhausted banks  patience  earlier  ?  wages too high by a mile ....? CRAZY  ....

a no vote and they will apply to the SFL for the vacant position in the third division

I see, ty Gerbs

So just 2 clubs need to say No to keep them out.

Would it be a secret ballot?

no it would be a vote round the table
a table that includes mad vlad , celtic and petrie from dunfermline who will not be relegated if rangers dont get in and who stated this week t "if rangers come out of admin then fair enough but if they are liquidated its a different kettle of fish"

sorry yorkston from dunfermline
petrie from hibs was mentioning sporting integrity if rangers are liquidated

petrie from hibs was mentioning sporting integrity if rangers are liquidated

It would look very bad indeed for football if they were able to effectively walk away from the debt and just resume under a slightly different name with no consequences for their league status .

only if the 2 contract problem results in some of them getting stripped
if not celtic have to get past 54 and bust

Gerbs, in your view, what is the most likely outcome of this whole debacle? Personally can't see liquidation happening..

no one will come forward  and throw millions away paying debts and with the big tax case still to hit  when  you can get out of by liquidating and newco

If they are liquidated though, wouldn't HMRC just seize Ibrox and sell the land?

So the Newco would have nowhere to play