Something has to happen, Rangers fans are still suffering over this, the club could still fold... It is staggering the amount of Money they are still losing... deals must have been done, surely if they called in a half decent administrator, it would have been their job to rationalise, re-structure and re-finance to a level that was sustainable...

http://www.independent.co.uk/sport/football/scottish/just-what-is-going-on-at-rangers-9985573.html

 

Maybe I am wrong but I see this as abject failure on the part of the board, the administrators and also a failing of society.

The problem with Rangers as far as i see it is that there are far too many people covering their own personal interests and grudges that unless they change things drastically they will end up out of business for good and Ibrox will become swanky new flats.

 

Whatever you think of Ashley he has turned Newcastle into a stable club and he is the only person who is seriously interested now that they have said no to the American guy, what other options do they have??

@Northants Pie I have no idea what they are going to do, Mike Ashley as you say has kept Newcastle in the position they are, admittedly with great personal benefit, and you would think that a struggling club which Rangers are would welcome this. The problem may also lie within the sectarian roots and undercurrent up there. Are the SFA having judgement clouded by this, by contempt for the club itself or what???

@Northants Pie I have no idea what they are going to do, Mike Ashley as you say has kept Newcastle in the position they are, admittedly with great personal benefit, and you would think that a struggling club which Rangers are would welcome this. The problem may also lie within the sectarian roots and undercurrent up there. Are the SFA having judgement clouded by this, by contempt for the club itself or what???

 

The SFA did them a massive favour not putting them out of business when they should have, had it been another club other than Rangers or Celtic you would most probably find the outcome very different indeed.

 

As far as I see it the current board are holding out for what they are never going to get, the 1st and biggest issue being a position once the club is taken over, 2nd being a return on their investment and 3rd settling long held grudges and little scores

Was it the SFA that saved them, my belief is that it was the Courts. The SFA were swayed by a portion of other clubs, who through hatred or jealousy wanted Rangers Punished.....

It looks as if Mike Ashley will be lending the club money... Ibrox not to be used as security.

 

http://www.bbc.co.uk/sport/0/football/30960572

 

Surely to god, unless something gets seriously sorted out though, this is just throwing good after bad...