Posts Tagged "Rangers"

Rangers: The CVA Failure

By on Jun 13, 2012 in Finance, Latest, Scottish Football | 8 comments

So farewell then, Rangers’ Company Voluntary Arrangement (CVA) and farewell too, Rangers’ administrators Duff & Phelps (D&P). The announcement that HM Revenue and Customs (HMRC) are going to oppose D&P’s proposals to take Rangers out of administration came as news to many followers of national and local newspapers, TV and radio in Scotland, while it has...

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Rangers: The Sheer Brassneckery Of Administration

By on Jun 4, 2012 in Finance, Latest, Scottish Football | 21 comments

The rural west of Ireland is quiet at its noisiest. And two weeks away from the noise of the Rangers saga was blissfully quiet. I knew I was returning to something major, however, as I was aware that the BBC’s Mark Daly had fronted another Ibrox insolvency-related documentary and that administrators Duff and Phelps had finally published their “best-and-final” CVA....

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Now That Rangers Are Saved, Part Three

By on May 17, 2012 in Finance, Latest, Scottish Football | 1 comment

Rangers’ spell in administration was best summed up deep in one of Court of Session Judge Lord Hodge’s many Rangers pronouncements over recent months. Paragraph fifty of his directions to administrators Duff & Phelps on the once thorny subject of Ticketus began “Administration has developed as a very flexible procedure to cope with the likely or actual...

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Rangers: It Was The Daily Record Wot Won It

By on May 12, 2012 in Finance, Latest, Scottish Football | 7 comments

We have it in England too, of course. If the Daily Express newspaper doesn’t lead with a “news” item on Princess Diana, Madeleine McCann, freak weather or an EU “scandal”, something is seriously wrong. But the Daily Record newspaper’s near-obsession with the ‘Blue Knights’ consortium, which exited stage left for the very last time honest yesterday afternoon, has...

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Rangers: Miller’s Crossing Off

By on May 9, 2012 in Finance, Latest, Scottish Football | 5 comments

So…farewell, then, Bill Miller. Executive members of Scotland’s football authorities spent much of the weekend with their backs bent over – those that had spines in the first place – in order to facilitate his acquisition of Rangers. But the only progress to be made anywhere was newspapers’ discovery of a second picture of the now Rangers ex-preferred...

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