Alfredo Morelos transfer latest as Rangers striker's long-term admirer 'reactivates' signing interest. Details of the taxman's secret strategy over Rangers emerged for the first time, as BDO, the liquidators of the Rangers oldco sue the joint administrators of the club Mr Clark and Mr Whitehouse for 56.8m saying a flawed cost-cutting strategy meant creditors lost millions from the handling of the clubs financial implosion. Fergus McCann But now a court fight is on the cards over the extent of the debt that the club actually owed with a final figure expected to go to just under 100m. The Ibrox legend spent four years as manager and insists it was a great job at the wrong time. lost of form, attitude, asking too much money injury prone. If we are given the opportunity to sign Tilman as I expect we will. Starting a new post as my reply to the comments on my original post about.. 14 Apr 2023 19:39:26 My reason for saying so was also that I believed an independent review by a liquidator maximised our chance of securing greater recovery for creditors," he said. "The financial year under review is unlike any other, no matter the business or walk of life. Bayern Munich perform U-turn on Mateo Kovacic stance? 11 goals conceded in 4 matches against Celtic is nowhere near good enough and.. 02 Apr 2023 07:23:35 "If we have people in the boardroom willing to put in the money, then I would hope that we would be okay. Yes. Why play Kent and Buff? Better team today but same failings haunt us. Rangers announce operating loss of 15.9m in wake of Our season is over before may. Did not think it was possible but Raheem Sterling actually looks to be even.. 20 Apr 2023 17:57:43 READ MORE:Giovanni van Bronckhorst 'lands in London' for Rangers manager talks. Rangers announce 15.9m operating loss in wake of Seems weird but at our budget level often now the better players are free. Looking for some help, why r people saying Bosmans don't apply if transfer.. 18 Apr 2023 22:02:19 1. The club said in announcing the repayment of the loan: "Replacing this high interest, short-term borrowing with a long term, lower coupon structured facility provides significant benefit for the club.". 27 Apr 2023 12:08:18 28 Apr 2023 19:58:57 We may then apply our discretion under the user terms to amend or delete comments. That was superbly put three cheers . A leading football finance expert has claimed that Rangers are on track to achieve self-sustainability despite incurring losses of 23.5m in the last financial year. An agreement has been reached with club chairman Douglas Park and Mr Bennett where they will provide additional loan facilities as necessary to meet shortfalls. Iom, not sure why anyone would line pockets king park et al. Chelsea willing to offer Chalobah, Loftus-Cheek in Onana deal? "I didn't think that was right," he said. I've not been vocal but I did criticise.. 29 Apr 2023 14:23:47 From Pedro in a hedge to Charles Green in a hospital bed it's been quite the ride in the decade since the Ibrox club last won the title. "Yet I am confident in your board and our employees to face these challenges with the backing of our magnificent loyal supporters.". At that point the Castlemilk-born Rangers fans Laird Investments company was quoted as providing loan facilities to meet a predicted shortfall in funding for that financial year and further amounts that may be required. But he has said that having secured the offer of further loan funding the directors believed that there is a "reasonable expectation" that the company will at all times have adequate resources to continue in operational existence for the foreseeable future. That Robertson was standing down. We need some dosh also. The former administrators of Glasgow Rangers have been ordered to pay 3.4 million for breaching their duties while Luis Palma, Honduran at Aris being scouted. One fans group source said there remains cautious optimism about the future despite the club's financial position and Mr Gerrard's move. "At that stage, the EBT case against the company was a crucial lead case for us because we had a number of other cases across the country that were falling in behind it. But he controversially helped fund his takeover by setting up a loan in advance from London-based investment firm Ticketus against rights to three to four years of future club season ticket sales in a bid to raise 24 million and pay off bank debt as part of a share purchase agreement with Sir David. He said he was approached to consider an extension of the loan period to assist with the future funding of the club but said that it was too late to get approval from the South African authorities to extend the upcoming due date. WebRangers It specifically mentions in the official court documents that part of their decision making process revolved around the fact that their verdict will result in no negative It appears Robeertson sold his shares to 1872. If you have a complaint about the editorial content which relates to If you are dissatisfied with the response provided you can 27 Apr 2023 17:59:48 Here is one for sir Walter? Explained: Rangers latest accounts - The Athletic When the current board wrestled back control of our club, I viewed this as a ten-year project. "The hardened position of the SA authorities to investment in the club reinforced the timing of my decision to step down. HMRC said today it was "pleased to have reached a settlement with the liquidators to recover" 56million. There is no excuses to be made today. "I also highlighted the risk of HMRC being perceived to be seen as inconsistent as historically it had taken more forceful action in respect of other Scottish football clubs.". The interest-free loans were given to 11 Premiership clubs last season to help mitigate the financial impact of matches being played behind closed doors. David Grier, a former adviser to Rangers liquidators agree 56million settlement in tax case. I always come up with good ideas. He said he was aware that other clubs has been put into liquidation for non-payment of debts and was concerned that there'd be a "perception that Rangers would be perceived to have been treated differently because of the scale of the club".
