Originally posted by shaunbhoy
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Ultimate respect to the GB
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BBC Sport - Rangers bidder Miller given 'comfort' over sanctions, understand administrators
Looks like the Jelly and Ice Cream is on hold, gonna be a hard few years before we are back challenging for the Title but 140 years of history is hard to get rid off.
WATPOriginally posted by Stevie Wonder BoyComment
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Nope, not liquidity or anything like it, just a CVA as I have been saying all along.Originally posted by Stevie Wonder BoyComment
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Liquidation will still happen.Comment
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Just saw on STV news that Bill Miller's plan is to transfer the assets to a 'new company' while negotiating a CVA for the debts of the old company.
Surely to f**k it would be illegal to transfer ownership of assets of a company that is currently in administration ??When freedom comes along, don't PISH in the water supply.....Comment
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I think it is legal but it requires the CVA to be completed on the old co debts and I don't think that will happen.Originally posted by TestMangler View Post
Also the company as it stands still has to be bought off whyte and he will be hanging out for quite a bit of money. He still technically owns the stadium and training ground and not the club.
To be honest it is all a mess and I don't think it can all just be fixed overnight, it will drag out in the courts for a long time.
Should be fun.Comment
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Hope it's not sorted out overnight
I've now got a Champs League qualifier to look forward to. Long may they spend in that little whirlpool and the entrance to the plug hole
When freedom comes along, don't PISH in the water supply.....Comment
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Why don't you think the CVA will be agreed? Hector has already said they are willing to accept one if they get the same deal as football creditors unlike in England where Football debts are paid in full firstOriginally posted by Stevie Wonder BoyComment
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Have they said that?Originally posted by SimonMac View Post
Can you show me where they have said that?Comment
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