SM
Denmark vs. Spain: 7 hrs 44 mins
Upcoming predictions and previews

Rangers

Administrators to accelerate sale of Rangers

:Headline: Administrators to accelerate sale of Rangers: ID:19088: from db_amp
Administrators of Rangers Football Club announce that they are accelerating the sale of the Scottish club.

Administrators of Rangers Football Club have announced that they are accelerating the sale of the Scottish club.

The administrators will also start to take 'severe' cost-cutting measures if the club is unable to find a buyer within the next few days.

Duff and Phelps failed to persuade the playing staff to take wage cuts and are now seemingly reliant on offers from outside.

A statement read: "We are announcing we are accelerating the sale of Rangers FC. The club is in a perilous financial position and that should not be underestimated.

"Regrettably we have been unable to agree the cost-cutting measures with the playing staff and as a result, we are trying to move along the sale process.

"If, however, it becomes apparent that the sale process cannot be accelerated, then there will be no choice but to implement very severe cost-cutting measures at the club."

It is also not yet clear whether the Scottish club will be able to complete their remaining Scottish Premier League fixtures.

amp_article__19088 : Database Data restored...  : 
last updated article - 2012-03-08 09:39:57:
html db last update - 2012-03-08 09:39:57 :

ex - 7200 : read : read cache amp html

Click here for more stories about Rangers

Share this article now:
Read more about Rangers Football
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Celtic1110103132831
2Aberdeen11101024101431
3RangersRangers11713168822
4Dundee UnitedDundee Utd125431813519
5Motherwell116141514119
6St Mirren134361722-515
7Dundee123361824-612
8Kilmarnock123361525-1012
9Ross County132651021-1112
10St Johnstone133191627-1110
11Hearts132381420-69
12Hibernian121561118-78
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .