You’ll notice I have not ended the headline above with an exclamation. That’s because it is entirely legitimate and indeed prudent what the company has done. We are talking about non-domestic rates.
Come back! It’s not that dull!
First thing is first. Glasgow City Council believes that Ibrox is owned by Rangers Football Club Ltd (the former Sevco Scotland Ltd).
Why do they say that?
Because Rangers Football Club Ltd DOES own those assets! Continue reading
Filed under Rangers
The maelstrom surrounding SevGers has reached fever pitch with heightened anticipation it could be financially destroyed in days – so perhaps this is the time to look to the future.
In doing so, in a curious twist of fate lies ahead whereby the very existence of SevGers could once again lie in the hands of the SFA, and I don’t think either realise it and I doubt if the Bears could survive another episode of the nation’s favourite soap which has dispelled this year’s summertime blues.
Despite previous mouth music Green will accept the transfer embargo, promise to clear football debts and somewhere down the line, titles will be stripped. In return a slight SFA fudge over ‘fitness’ of mystery investors – apparently shunted to D&P who can’t wait to get outta town. Continue reading
Filed under Charles Green, Rangers, SFA
Duff & Phelps have produced their latest report regarding their handling of the administration of Rangers Football Club PLC (RFC PLC).
It can be found here Rangers FC PLC Interim Report by Duff & Phelps 10 July.
I will go through it in detail, but there is an initial point which seems, to me, to be odd.
Perhaps someone in the media can ask D&P, or Media House, whose bill for providing PR services to RFC PLC since February 14 is £124,000, to clarify the matter of the ever shrinking value of RFC PLC’s interests in land? Continue reading
Filed under Administration, Charles Green, Football, Insolvency, Rangers
