Frankie 8,570 Posted April 5, 2012 Share Posted April 5, 2012 (edited) Now available! http://www.rangers.co.uk/staticFiles/fe/a8/0,,5~174334,00.pdf Edited April 5, 2012 by Frankie 0 Quote Link to post Share on other sites More sharing options...
BlueMazza 0 Posted April 5, 2012 Share Posted April 5, 2012 £1mil is kinda less than I thought (obv potentially we have HMRC big case & we have the 'wee case') but still. 0 Quote Link to post Share on other sites More sharing options...
Craigy1881 79 Posted April 5, 2012 Share Posted April 5, 2012 £1mil is kinda less than I thought (obv potentially we have HMRC big case & we have the 'wee case') but still. Yeah seemed to good to be true eh Hold fire on that "football creditors" figure of Rangers'. The amount listed compared to the figures on creditor list are poles apart. 0 Quote Link to post Share on other sites More sharing options...
BlueMazza 0 Posted April 5, 2012 Share Posted April 5, 2012 Although: Grant Russell @STVGrant Reply Retweet Favorite · Open Hold fire on that "football creditors" figure of Rangers'. The amount listed compared to the figures on creditor list are poles apart. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,570 Posted April 5, 2012 Author Share Posted April 5, 2012 More like £3.5million... 0 Quote Link to post Share on other sites More sharing options...
Bears 0 Posted April 5, 2012 Share Posted April 5, 2012 I take it someone will post the info in Laymens terms for doughnuts like me? please 0 Quote Link to post Share on other sites More sharing options...
BlueMazza 0 Posted April 5, 2012 Share Posted April 5, 2012 Chris Mclaughlin must have skipped through the report looking for the cash bit, I'm not even halfway through the report yet! 0 Quote Link to post Share on other sites More sharing options...
BlueMazza 0 Posted April 5, 2012 Share Posted April 5, 2012 this is interesting: On 23 March 2012 the Court of Session issued its directions. It held that Ticketus held no property rights in the seats nor in the proceeds of their sale. Their rights were of a personal, contractual nature only. As a result, if the Joint Administrators, when pursuing the objectives of the Administration of the Club, consider it to be in the interests of the Company‟s creditors as a whole, they can decline to perform the contractual obligations of the Company. If this proves to be the case, which will depend upon the outcome of the current sale negotiations, it may leave Ticketus with a claim for damages against the Club for breach of contract but that claim would rank as an ordinary unsecured claim in the Administration. 0 Quote Link to post Share on other sites More sharing options...
BlueMazza 0 Posted April 5, 2012 Share Posted April 5, 2012 Fuck me.......: The Joint Administrators‟ time costs for the period 14 February 2012 up to and including 31 March2012 totals £1,199,356. A schedule of these time costs is set out at Appendix 4 0 Quote Link to post Share on other sites More sharing options...
Bears 0 Posted April 5, 2012 Share Posted April 5, 2012 (edited) this is interesting: On 23 March 2012 the Court of Session issued its directions. It held that Ticketus held no property rights in the seats nor in the proceeds of their sale. Their rights were of a personal, contractual nature only. As a result, if the Joint Administrators, when pursuing the objectives of the Administration of the Club, consider it to be in the interests of the Company‟s creditors as a whole, they can decline to perform the contractual obligations of the Company. If this proves to be the case, which will depend upon the outcome of the current sale negotiations, it may leave Ticketus with a claim for damages against the Club for breach of contract but that claim would rank as an ordinary unsecured claim in the Administration. Mazza in laymens terms that means a new owners should say,"Fuck off, come at us in court if you dare!" Edited April 5, 2012 by Bears Idioititious 0 Quote Link to post Share on other sites More sharing options...
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