Rangers makes administration move

[Win2Win]

Rangers lodge legal papers signalling their intention to go into administration and face the threat of an immediate 10-point deduction.



Content from... (http://www.bbc.co.uk/go/rss/int/news/-/news/uk-scotland-glasgow-west-17015966)

[lastlid]

What on earth has gone wrong here? I thought that Rangers was a cornerstone of Scottish football?

[Arthur Little]

I thought that Rangers was a cornerstone of Scottish football?

:cwm24: ... me too ... considering it was founded as far back as 1875!

[andy222]

Its sad but it could happen to a lot of clubs.

[stevie c]

Living beyond their means i guess :NoNo:

[KeithD]

Seems the players via the club all had their own tax 'arrangements' :rolleyes:

[Dedworth]

I just heard on TalkSh1te the cowboy that bought them hasn't been paying his VAT and PAYE. Apparently the whole Scottish football TV deals becomes null and void if either Celtic or 'Gers are not in the SPL