During the Rangers administration process it was highlighted on line that the Duff and Phelps creditors’ report on the 10th of July showed what could be a serious misdemeanour, or at best commercial misjudgement, with the catering accounts. It was highlighted here in the comical piegate and its sequels (comical because it was pie joke after pie joke)
For any one wanting a quick refresh here’s a link : https://scotslawthoughts.files.wordpress.com/2012/07/rangers-fc-plc-interim-report-by-duff-phelps-10-july.pdf
The most highlighted part was the
Income
Food and Beverage Sales
£388,973
Expenditure
Catering / Food and Beverage
£991,155
the above is from the 10th of July interim report. Continue reading