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Rangers 2011/2012.

manny-p said:
Can someone explain to me what happens when a club is liquidated? Sounds grim.
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It ceases trading and goes kaput basically. If you have to use your assets to offset your liabilities, or you run out of assets, then you're fucked basically. They'll probably have to reform under a different name.
 
http://www.dailyrecord.co.uk/2012/0...ms-to-be-ibrox-club-s-saviour-86908-23778009/

Celtic fans prank Craig Whyte. LOLZ-

the link to the audio is on the page

​
In it, Whyte says the club probably have debts of about £20million and “it would require 20, sorry, £10million up front” to pay off creditors.​
He claims there will be no tax liability after the insolvency process, adding: “£10million is enough to get us through to the end of the season.”​
The caller says he wants to stay anonymous, but Whyte warns: “If you want a quiet life, don’t invest in football.”​
And asked if he has any friends left in the media, Whyte says: “I don’t think very many, to be honest.​
“No, well, you know most people will remember me for saving Rangers.​
“That’s what I came to do, that’s what I intend to do. Idon’t have many friends left here. But that’s just life.”​
Asked about the possibility of fan ownership, Whyte said it was “one option” but “there are other options too”. He offers to get the administrators to send the caller information so he can “make the decision on whether you want to get involved”.​
But he refuses to take the bait when the caller says he knows “some heavy people” who could silence Whyte’s critics.​
Whyte replies: “I don’t need that. I’ll keep my head down and get on with business.”​
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​
 
imposs1904 said:
I was referring to my post about Wylde . . . and how other posters took it as an opportunity to stick the boot in. ;)
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Nope, I don't want Wylde to be unemployed. But I don't like to see ex rangers players playing in the hoops. Its better for all parties concerned!
 
manny-p said:
Nope, I don't want Wylde to be unemployed. But I don't like to see ex rangers players playing in the hoops. Its better for all parties concerned!
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check his wiki page. he started at celtic as a kid.

eta: I think the whole 'Rangers players sold to Celtic on the cheap' scenario is a bit of a red herring, anyway. I'd be very surprised if any Rangers player signed directly for Celtic in the current climate.
 
imposs1904 said:
I think Wylde has proven himself to be a class act.
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It would appear that FollowFollow very own 'Govanhill Gub' disagrees with you.......

The_Gub
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True Blue
Join Date: 29-07-2006
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You live and learn
For anyone on the two players thread, you will see that player two, first omitted (because I pressed the enter key) has now been deleted.

I got told last night during n/shift that Wylde had made a smashing gesture.

Had a phonecall there telling me the facts.

He couldn't wait to leave.

Wylde and Charlie Adam would be good on a night out in The District.

I'd laugh at the outcome anyway.
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imposs1904 said:
Sorry to be thick but can you translate that block quote for for me? It all seems rather in-house.
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It would appear that he seems to think there's more to his leaving than some great gesture. Within a very short time of his presser journos on twitter were pointing out he's got talks down south. Even the TV had said the same. Personally i'd guess it's somewhere in between.....
 
Fedayn said:
It would appear that he seems to think there's more to his leaving than some great gesture. Within a very short time of his presser journos on twitter were pointing out he's got talks down south. Even the TV had said the same. Personally i'd guess it's somewhere in between.....
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Fair enough. Going by his quote, I thought it was a decent gesture. I still hope it was.
 
Press statement has now come out, rather serious.....

Administrators statement
Duff & Phelps, the Administrators of Rangers Football Club, today issued the following statement.

David Whitehouse, Joint Administrator, said: "We are announcing today we are accelerating the sale of Rangers Football Club.

"The Club is in a perilous financial situation and that should not be under-estimated. Regrettably, we have been unable to agree cost-cutting measures with the playing staff on terms that will preserve value in the business. We understand the players' position as the scale of wage cuts required to achieve these savings without job losses were very substantial indeed.

"In view of this, we are faced with a situation of making redundancies within the playing staff on such a scale that would materially erode the value of the playing squad. We are striving to strike a balance where cost-cutting measures can be implemented but do not destroy the fabric of the playing squad to the extent that it will inhibit the prospect of a sale.

"However, no one should be in any doubt that in the absence of sufficient cost-cutting measures or receipt of substantial unplanned income, the Club will not be able to fulfil its fixtures throughout the remainder of the season.

"As a result, we are expediting the sale process and over the next few days we will be holding discussions with prospective purchasers who have declared their interest. The Manager, Ally McCoist will play an integral part in thesediscussions.

"If however it becomes apparent that the sale process cannot be accelerated there will be no choice but to implement very severe cost cutting measures at the Club."
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Fedayn said:
Needing medication is called being a Rangers fan?! Ach well, every cloud and all that.
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Yes, it's to stop feeling too great every morning. You on the other hand would require medication to stop the feeling of being unworthy and persecuted.
 
anchorage said:
Yes, it's to stop feeling too great every morning. You on the other hand would require medication to stop the feeling of being unworthy and persecuted.
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No, I feel neither. Having looked on FF this morning the persecution complex is well and truly established over in Rangers world.
 
anchorage said:
A couple of new signings and players re-signing should lead on to 4 titles in a row. The Champions under new ownership must get into the Champions league group stages and get the prestige and also the money that comes with it. Looking forward to another season of winning.:D
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Fucked if i'm asking you to pick any lottery winners..... You make Dandred look accurate!!!
 
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