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"Rangers QC Alan Summers says company is NOT verging on insolvency but is not in rude health"

 

How does that square with this?:

 

“If the aggregate level of subscription is less than 15,000,000 New Ordinary Shares the Open Offer will not proceed and subscription monies will be returned to applicants.

 

“Should this occur, the Company will be unable to pay its creditors as they fall due and the future of the Company will be uncertain; The Directors will immediately have to seek emergency financing which may or may not be available.”

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"Aim is to take Rangers back to " The Promised Land" and " Back into European Competition where the big money is" says Rangers QC"

 

And how do they propose to do that when they don't have two pennies to rub together ? They are so deluded they think this squad is capable ? Lets not forget that the "big money" only comes about when you make the group stages - our squad is light years from that and even if we get to the top flight next season we wont have the financial infrastructure to get the required standard

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