Rangers in crisis: the final whistle sounds on Rangers
“What we’ll be seeking to do as soon as possible following that rejection is to finalise and formalise the sale of the business and assets, effectively picking up everything that is currently residing in Rangers plc and moving it to a new company which will then become the corporate shell for Rangers FC.
“The whole point is not to allow the football club to do anything other than exist. It’s just to change the name over the door if you will.”
- The Daily Telegraph, 12th Jun 2012
Wow... just plain wow.
Rangers and Celtic were supposed to be one of those immovable millstones but I guess even Rangers can be swept away.
I wonder if that means that Celtic is now unbackable for the SPL title? Moreover, if Rangers are forced to start over, how long before the next Old Firm derby and is it the end for Scottish Football as a thing?