Thursday, February 16, 2012

Rangers Day Four: Folding Not Likely

And it would be somewhat unrealistic as an idea to fold a club that has some assets that could counteract the debt so it can be managed...

It would be the equivalent of folding the New York Yankees...

Here's some of the presser with the D&P administrators to explain...
Thanks, BBCNews and johngreig...


The biggest revelation here is that a settlement with creditors (CVA) is being looked into by D&P...

After the presser, Scottish PFA Chief Exec Fraser Wishart addressed the normal notion associated with most businesses in trouble that the employees have- fear for their jobs
((HT: SkySports))


And an interview with manager Ally McCoist
((HT: SkySports))

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