Can the BBC stop this rubbish!

[54andcounting 627]

Rangers lost almost £4m while in administration

David Whitehouse and Paul Clark were appointed as joint administrators

Continue reading the main story

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Rangers Football Club lost almost £4m from the time it was placed in administration until the end of June.

An interim creditors report from joint administrators at Duff and Phelps has revealed trading losses at the Ibrox club of £3,956,375.

The report also shows administrators fees from 14 February up to the 29 June 2012 of just over £2.8m.

Rangers assets were sold to the Charles Green consortium for £5.5m after a deal with creditors could not be reached.

The club, which dates back to 1872, will now be wound up by liquidators BDO after a thorough investigation into its financial affairs over the past few years.

The report, issues on Wednesday, reveals that the Charles Green Consortium paid just over £2.7m for Rangers player contracts and registrations.

Continue reading the main story

Rangers crisis explained

Rangers went into administration owing up to £134m to unsecured creditors and will eventually be liquidated.

As a result its registrations with the Scottish FA and Scottish Premier League were terminated.

Charles Green led a consortium which bought Rangers' assets for £5.5m.

The former Sheffield United chief executive is reforming Rangers as a new company.

But the 'newco' did not get the required votes for re-admittance to the SPL.

Instead the new Rangers is could start life in Scottish Division One or Three.

Some of the previous squad have elected to transfer over to the new company (newco) which he is attempting to have placed in the lower divisions of the Scottish Football League (SFL).

Other players have elected to transfer to other clubs, claiming they are free agents with old Rangers facing liquidation - this claim is contested by Mr Green.

The creditors report also reveals a legal claim for more than £25m by Duff and Phelps against former owner Craig Whyte's lawyers Collyer Bristow is now unlikely to be heard until summer of autumn of 2013.

Duff and Phelps also state that they hope to claw back at least half of the £223,214 value of the Arsenal shares, that Rangers owned, which were sold by Pritchard Stockbrokers during Mr Whyte's tenure at the club.

I have emailed with a correction that the PLC will be "wound up" and not the club that was established before the PLC and also asked then to stop this rubbish!!!

[johanhentze 14,168]

Arseholes.

[chris182 6,317]

The just can't help themselves

[El Carpintero 546]

The club is being wound up, really? What was the point in Ally and the lads coming back for pre season training then?

Fuck the BBC.

[Getstiffed 8,863]

The time has come for every single supporter to demand that Charles Green stamps this shite out.

NOW!

[Seinchin 11]

Tell ye what to do with all the fan dans that write incorrect shite about The Rangers is, You send them a Recorded Delivery Letter and you will get the person who signed for it you then have a contact and You then start the process until You then get a satisfactory answer.

It does work, believe me.

[A.T.G 10,773]

Seen it earlier, fucking assholes man

[ger50champ 300]

Rangers lost almost £4m while in administration

David Whitehouse and Paul Clark were appointed as joint administrators

Continue reading the main story

Related Stories

Judge orders Duff & Phelps report

Concerns over Duff & Phelps role

Call for probe of Duff & Phelps

Rangers Football Club lost almost £4m from the time it was placed in administration until the end of June.

An interim creditors report from joint administrators at Duff and Phelps has revealed trading losses at the Ibrox club of £3,956,375.

The report also shows administrators fees from 14 February up to the 29 June 2012 of just over £2.8m.

Rangers assets were sold to the Charles Green consortium for £5.5m after a deal with creditors could not be reached.

The club, which dates back to 1872, will now be wound up by liquidators BDO after a thorough investigation into its financial affairs over the past few years.

The report, issues on Wednesday, reveals that the Charles Green Consortium paid just over £2.7m for Rangers player contracts and registrations.

Continue reading the main story

Rangers crisis explained

Rangers went into administration owing up to £134m to unsecured creditors and will eventually be liquidated.

As a result its registrations with the Scottish FA and Scottish Premier League were terminated.

Charles Green led a consortium which bought Rangers' assets for £5.5m.

The former Sheffield United chief executive is reforming Rangers as a new company.

But the 'newco' did not get the required votes for re-admittance to the SPL.

Instead the new Rangers is could start life in Scottish Division One or Three.

Some of the previous squad have elected to transfer over to the new company (newco) which he is attempting to have placed in the lower divisions of the Scottish Football League (SFL).

Other players have elected to transfer to other clubs, claiming they are free agents with old Rangers facing liquidation - this claim is contested by Mr Green.

The creditors report also reveals a legal claim for more than £25m by Duff and Phelps against former owner Craig Whyte's lawyers Collyer Bristow is now unlikely to be heard until summer of autumn of 2013.

Duff and Phelps also state that they hope to claw back at least half of the £223,214 value of the Arsenal shares, that Rangers owned, which were sold by Pritchard Stockbrokers during Mr Whyte's tenure at the club.

I have emailed with a correction that the PLC will be "wound up" and not the club that was established before the PLC and also asked then to stop this rubbish!!!

You are banging your head with the BBC SCOTLAND mate.There NOT interested .Once you have sent your FIRST complaint they will send you a bog standard response sent to everyone who complains.

Your second one will get a response 'they are standing by the original reply'.

They will invite you to write to OFCOM where your complaint will be diluted with all the other complaints that are sent in from this Pc Country we live in.

In other words they know we can do very little to hurt them.Thats why they can do and say what they want plus the fact there Organisation in Scotland is 80% filled with Jacobite Rangers haters and taig lovers.

So my advice forget them .Its too late .

The club has to SINE DIE them Alex Ferguson style when we gain strength and get some balls,maybe a BIG IF......

[chris182 6,317]

The time has come for every single supporter to demand that Charles Green stamps this shite out.

NOW!

An offensive is required now. I think that Green thinks the whole pals act is going to work with the Scottish media. WRONG! The sewer rats will do anything for a cheap story

[Getstiffed 8,863]

An offensive is required now. I think that Green thinks the whole pals act is going to work with the Scottish media. WRONG! The sewer rats will do anything for a cheap story

This isnt a war in any traditional sense. As with all things these days its a war of information.

The following must be quashed, once and for all:

No Catholics, PISH

No History, PISH

Loyalist = sectarian, PISH

That's just for starters.

[54andcounting 627]

You are banging your head with the BBC SCOTLAND mate.There NOT interested .Once you have sent your FIRST complaint they will send you a bog standard response sent to everyone who complains.

Your second one will get a response 'they are standing by the original reply'.

They will invite you to write to OFCOM where your complaint will be diluted with all the other complaints that are sent in from this Pc Country we live in.

In other words they know we can do very little to hurt them.Thats why they can do and say what they want plus the fact there Organisation in Scotland is 80% filled with Jacobite Rangers haters and taig lovers.

So my advice forget them .Its too late .

The club has to SINE DIE them Alex Ferguson style when we gain strength and get some balls,maybe a BIG IF......

I know, but it is better to try than not try at all.

[ricksen_da_best 2,034]

Whole story is lies.

D&P was rumoured to be £5.5million bill, and this was confirmed when Green paid this for the assets.

['o'rangerblue 89]

There was a time when everyone believed you only got the truth from the BBC, they've sure scotched that myth

[ger50champ 300]

I know, but it is better to try than not try at all.

I admire that mate,ive been there. Seriously they will send you 2 emails and will probably not even look at your complaint if its about anti Rangers bias etc.

They've had so many probably .

Keep your sanity and dignity and remember our enemies because there will come a time when they will have to crawl to us to get there stories and thats when we are going to have to be firm and BAN THEM

[davy1shoe 63]

The time has come for every single supporter to demand that Charles Green stamps this shite out.

NOW!

I think he's holding his words till he has some sort of idea where we are playing as he's not been holding back talking about all the traitors that have left as there's. Othing more harmfully they can do but the spl still can make up more shit if he annoys them.

[dustydog1 3]

What sickens me in all this BBC fukfest against Rangers,Protestantism, and (true) Scottish history, is that WE are paying THEIR friggin wages. Every single one of these jolly boys and gals are coining it in via the TV licence money - the peoples money.

The complaints system will never uphold any complaint against their own - who is paying their wages? - none other than the TV licence payers.

Oh how upset shall I be when their day comes

[nachothelegend 1,932]

You have no chance against a self regulating body.

They are lying Bastards who spread propeganda and lies.

[elephants stoned 2,994]

Happy 12th July everybody I will get us started FTP AND THE BBC!

[Ricky_ 893]

bbc scotland is being run by the filth.

also to say "it will be wound-up" is not entriely accurate either. A company can under go the liquidation process, which is essential a 2 part process (the sale of assets (done) & the remaining cash available split between creditors).

it is not essential for a company to then be 'dissolved' it can simply lay dormant with the status 'in liquidation' as is the case with Leeds right now.

[Thermopylae 15,287]

The worst part of all is that we virtually have no choice but to pay for it ... I only watch a few hours of television per week and yet have to buy a television licence since the house is full of televisions and I'm hardly going to bin them all

[Jodz 98]

Fannys. Of the hairy, smelly i-wouldnae-go-near-that-wae-a-bargepole variety

[loyalfollower 1,543]

One wonders if slitty eyes has a puppet or 6 in the bbc.

Bet the internet whizzers on here could find a few links.

Shite has to stop, talk about trying to be world reocord holders by default!!

Envious twats

[jack1690 793]

These are not merely "mistakes". These bastards know exactly what they are printing & saying. They dont even try to be subtle about it. Pacific Quay is a papish rhat infested cesspit that should be banned from Ibrox permanently.

[CanadianBacon 2,088]

The answer, as some have alluded to, is to deal with all the BBC Scotland crews in the same manner as Souness dealt with that rabid old bastard Geraldo McPish many years ago whilst he was manager at Rangers.

McPish had incurred the wrath of the bold Rangers gaffer to the point of violence and he was seen chasing the fat Tarrier fuck pig down the marble stairs with said fat tarrier fuck pig retreating at high speed yards in front of Souness and heading quickly for the Edmiston Drive exit.

Don't try to reason with these people or plead for them to treat us in the same manner they treat others - it won't happen - the BBC Scotland agenda against Rangers FC has gone on too long, it's too entrenched, so we need to shun them and deal with them as Souness did above.

Throw the fuckers out of the building.

Ban them from press conferences.

Give them no peace when you happen on to them trying to film or record a piece for broadcast. They don't own the streets, so FUCK THEM!!

Ostracise them from amongst the Rangers family and if necessary (in a metaphorical manner, mind you) knock three shades of the living crap out of any of them you happen on to.

I have a list already made up of those I wish to, er....ostracise in a 'face-to-face-you're-gonna'get-yer-fuckin-head-ostracised-in' type of metaphorical manner.

PS. CanadianBacon would like to stress to all watching internet Plod that all actions are metaphorical and are as such not illegal.

Yet.

[Blumhoilann 6,712]

When the seasons up and running RFC MUST pick and choose who they give interviews/information to.These bassas have had it too good for to long,at our expense.By the way BEEB,The Rangers didn't ever owe £134million,at least make an attempt at telling the truth.