Glasgow Rangers, the End?

Freebyrd · 13th February 2012, 15:09

Rangers Football Club has lodged legal papers signalling its intention to go into administration.

The Ibrox club lodged papers at the Court of Session in Edinburgh on Monday, notifying an intention to declare an administrator. (BBC Website)

If the club is formally put into administration it faces an immediate 10-point penalty from the Scottish Premier League

Is this the end for the club?

Yella Fella · 13th February 2012, 15:58

A wise move. Ten points deduction is far cheaper than paying £50 million.

Banjo · 13th February 2012, 17:04

Perhaps they could be helped by a large donation from English tax payers - like RBS ?

FLYER · 13th February 2012, 17:10

Not the end .

but trust me if we go down so will scottish football , glasgow rangers ARE scottish football , the others have fed of the old firm for over one hundred years and if rangers go bust celtic will be a big fish in a rancid pool .

cossie dunc · 13th February 2012, 17:19

gutted

...............................but we all knew it was coming

baggie9 · 13th February 2012, 17:34

Sad news,big crowds but poor management.

FLYER · 13th February 2012, 17:42

That is the man who caused this situation , he bought the club over twenty years ago with one object in mind [getting into the english league] to get the big TV [sky] money , he sanctioned the purchase of top players to ensure champions league football every year but even this extra income could'nt put the club into profit and Mr Murray wanted out , he sold the club for a pound to the new owner with the proviso he took on the 20 million debt to the bank .

The new owner also took on the HMRC tax liability and it's that 50 million debt that has sent the club into administration .

The new owner is well known for taking on high risk companies and putting them on a level keel but frankly the methods used by such people doesnt appeal to fans but if the club is to emerge again this process needs to be gone through .

NO SURRENDER.

pab · 13th February 2012, 17:47

Big signings,big wage bills and very little in the form of prize money was the problem in the past.

Lack of a Sky Sports deal when the SFA tried to hold them to ransom are all contributing factors.

FLYER · 13th February 2012, 17:58

The football world has not seen the last of this famous football club , we have won more domestic trophies than ANYONE else in the WORLD , we have won more league CHAMPIONSHIPS than anyone else in the world , BTW thats the whole world not just europe or south america [THE WHOLE WORLD] .

I watched them in my first match on the shoulders of my brother and i have seen them win countless trophies and a european trophy in barcelona , i have followed them since the age of ten and they WILL survive .

Football clubs are part of a persons life .

cossie dunc · 13th February 2012, 18:13

craig whyte took a massive gamble buying rangers.................he wanted administration months ago but hmrc have been dragging their heels over the tax case he now has no choice

nobody was complaining (me included) when david murray was buying, gazza,laudrup,vanbronkhorst,albertz.flo.de-boer, amorouso,kanchelskis.............................. the list goes on and on

were now paying the price for the glory years

NO SURRENDER

13th February 2012, 15:09	#1
Freebyrd Posted a thing or two MG ZT-T Join Date: May 2010 Location: Edinburgh Posts: 1,667 Thanks: 992 Thanked 384 Times in 277 Posts	Glasgow Rangers, the End? Rangers Football Club has lodged legal papers signalling its intention to go into administration. The Ibrox club lodged papers at the Court of Session in Edinburgh on Monday, notifying an intention to declare an administrator. (BBC Website) If the club is formally put into administration it faces an immediate 10-point penalty from the Scottish Premier League Is this the end for the club?

13th February 2012, 15:58	#2
Yella Fella Nemo Me Impune Lacessit None at the moment Join Date: Nov 2007 Location: Glasgow's HMP Barlinnie, 'A' Hall, 2nd Flat Posts: 5,192 Thanks: 493 Thanked 1,094 Times in 666 Posts	A wise move. Ten points deduction is far cheaper than paying £50 million. __________________ [SIGPIC][/SIGPIC]

13th February 2012, 17:19	#5
cossie dunc I really should get out more....... rover 75 contemporary se cdti + rover 75 connie cdti work horse Join Date: Nov 2010 Location: West lothian Posts: 2,258 Thanks: 217 Thanked 424 Times in 189 Posts	gutted...............................but we all knew it was coming

13th February 2012, 17:42	#7
FLYER Banned rover75 cdti AUTO TOURER 160 bhp. Join Date: Jul 2010 Location: Glasgow Posts: 35,346 Thanks: 2,985 Thanked 3,685 Times in 2,463 Posts	Stand up MR David Murray That is the man who caused this situation , he bought the club over twenty years ago with one object in mind [getting into the english league] to get the big TV [sky] money , he sanctioned the purchase of top players to ensure champions league football every year but even this extra income could'nt put the club into profit and Mr Murray wanted out , he sold the club for a pound to the new owner with the proviso he took on the 20 million debt to the bank . The new owner also took on the HMRC tax liability and it's that 50 million debt that has sent the club into administration . The new owner is well known for taking on high risk companies and putting them on a level keel but frankly the methods used by such people doesnt appeal to fans but if the club is to emerge again this process needs to be gone through . NO SURRENDER.

13th February 2012, 17:04	#3
Banjo Posted a thing or two MG6 Magnette 1.8 Tci SE Join Date: Jun 2009 Location: Shrewsbury Posts: 1,300 Thanks: 19 Thanked 27 Times in 27 Posts	Perhaps they could be helped by a large donation from English tax payers - like RBS ?

13th February 2012, 17:10	#4
FLYER Banned rover75 cdti AUTO TOURER 160 bhp. Join Date: Jul 2010 Location: Glasgow Posts: 35,346 Thanks: 2,985 Thanked 3,685 Times in 2,463 Posts	Not the end . but trust me if we go down so will scottish football , glasgow rangers ARE scottish football , the others have fed of the old firm for over one hundred years and if rangers go bust celtic will be a big fish in a rancid pool .

13th February 2012, 17:34	#6
baggie9 Posted a thing or two Jaguar s Type Join Date: Feb 2009 Location: tipton Posts: 1,369 Thanks: 3 Thanked 1 Time in 1 Post	Sad news,big crowds but poor management.

13th February 2012, 17:47	#8
pab Banned MG ZT V6 190+ Join Date: Sep 2008 Location: Leeds Posts: 33,223 Thanks: 41 Thanked 1,614 Times in 1,416 Posts	Big signings,big wage bills and very little in the form of prize money was the problem in the past. Lack of a Sky Sports deal when the SFA tried to hold them to ransom are all contributing factors.

13th February 2012, 17:58	#9
FLYER Banned rover75 cdti AUTO TOURER 160 bhp. Join Date: Jul 2010 Location: Glasgow Posts: 35,346 Thanks: 2,985 Thanked 3,685 Times in 2,463 Posts	The football world has not seen the last of this famous football club , we have won more domestic trophies than ANYONE else in the WORLD , we have won more league CHAMPIONSHIPS than anyone else in the world , BTW thats the whole world not just europe or south america [THE WHOLE WORLD] . I watched them in my first match on the shoulders of my brother and i have seen them win countless trophies and a european trophy in barcelona , i have followed them since the age of ten and they WILL survive . Football clubs are part of a persons life .

13th February 2012, 18:13	#10
cossie dunc I really should get out more....... rover 75 contemporary se cdti + rover 75 connie cdti work horse Join Date: Nov 2010 Location: West lothian Posts: 2,258 Thanks: 217 Thanked 424 Times in 189 Posts	craig whyte took a massive gamble buying rangers.................he wanted administration months ago but hmrc have been dragging their heels over the tax case he now has no choice nobody was complaining (me included) when david murray was buying, gazza,laudrup,vanbronkhorst,albertz.flo.de-boer, amorouso,kanchelskis.............................. the list goes on and on were now paying the price for the glory years NO SURRENDER