Jump to content

 

 

Rangers confirmed as being in Administration (Mon)


Recommended Posts

Nope,my flight from Perth is not until 22:30 tonight,as in tonight here,and it's only 04:00,feckin night shift!,chopper in 6hrs 32 minutes :party:

 

You've lost me - international date line and all that!

 

Have a safe journey and see you at the weekend! :)

Link to post
Share on other sites

Confusing business all this, basically they forgot to notify the FSA... Question: Are Duff & Phelps new to Administration or is this a easy made error because of things outwith their control?

 

This quote from the STV article should answer your question:

 

A spokesman for Duff & Phelps said: "Following our appointment as administrators of Rangers Football Club, investigations revealed the company was registered with the Financial Service Authority between 2008 and 2009. This discovery meant that our appointment should have been notified to the FSA by the directors of the company and consented to in advance.
Link to post
Share on other sites

So basically their registration had lapsed...

 

That's not how it reads to me, no.

 

It looks as though Craig Whyte and the directors of RFC should have notified the FSA of the intention to appoint administrators before doing so. That's how it reads to me, although I could be wrong.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.