In which I consider if Rangers, as suggested by Mr Green, can buy players whilst in administration, and also when Mr Green became CEO of Rangers.
One of my readers, David MacKenzie, posed the following question as a comment earlier.
Can this be right?
“According to Alasdair Lamont of the BBC, Rangers could attempt to sign new players before the club is officially out of administration. Charles Green is aiming to have a Company Voluntary Arrangement approved on Thursday, after which there is a 28-day cooling-off period. In the meantime, Green has confirmed he had told a supporters’ meeting on Wednesday that he has a list of 19 target players drawn up, five of whom are involved at Euro 2012.”
Oh, Mr Green. And how do you think this will look with creditors? A tiny pot for creditors while you eye up no less than 19 players (including five internationals at the European Championships) to bring in at least some of them. I know what I would say, and it is not very polite.
If it is within the rules, even technically, I find it absolutely astonishing. And if he gets away with it, it will truly bring shame on the game in Scotland. He has spoken to the fans, to get them on his side, he has spoken to the SFA, in an attempt to get them on his side; but, has he spoken to the creditors, properly, to explain why he has so much money at his disposal for the club, but a pittance for them, or does he really think that the CVA document is enough? As with the rest involved in this, they are the last thing on his mind. And that’s the point. It seems like they are not being treated as people, they are being treated as numbers to be weighed against other numbers to get things right in a game.
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