Fans groups say administrators inability to make a decision places Rangers in jeopardy of liquidatio

Last updated : 15 April 2012 By Grandmaster Suck

STATEMENT FROM THE RANGERS SUPPORTERS ASSEMBLY, SUPPORTERS ASSOCIATION AND SUPPORTERS TRUST

 

"Rangers fans worldwide have been very patient during the the recent difficult period in the hope that we will exit administration and be able to work towards re-establishing our club at the level to which we all aspire.

 

However, the delay in the administrator's announcing the preferred bidder is seriously jeopardising our chances of exiting administration quickly and is forcing us closer to liquidation.   

 

With the proposed SPL rule changes meaning we may not be competing on an equal footing for the next two seasons, it is imperative we have the chance to exit administration with a Company Voluntary Agreement and that has to happen as soon as possible.

 

We demand that the administrators announce the preferred bidder as a matter of urgency.   If they fail to do so on Monday 16 April 2012, we demand to be informed precisely why they cannot announce a preferred bidder."