Traynor declared: “….the CVA proposal put forward on behalf of Charles Green by administrators Duff and Phelps was rejected by HMRC. They didn’t even wait until tomorrow’s creditors’ meeting, although that will still go ahead.
“But Rangers FC won’t. They’ll slip into liquidation within the next couple of weeks with a new company emerging but 140 years of history, triumph and tears, will have ended. No matter how Charles Green attempts to dress it up, a newco equals a new club. When the CVA was thrown out Rangers as we know them died.
“They were closed and a newco must start from scratch although their fans will insist the history will be boxed up with the strips and balls and carried into the future with the new club.
“Technically that history belongs to something else, some other company but even though the governing bodies appear consumed by technicalities and protocol supporters have other priorities. They strive for continuity and Rangers fans will never be separated from or denied their past.
“The name might change slightly, there will be a new owner, new players and a new beginning. But somehow nothing will have changed for many of the people who buy the tickets.
“They’ll never forget and they’ll remember yesterday, too. Even though they and everyone else knew the decision to accept or reject Green’s CVA was 50-50 this was such a momentous day in the history of Scottish football.
“Of course Rangers are guilty of shaming the game and they accept they have to be punished."
+++
OhFFS
Welcome, Mr.Traynor
posted on 9/12/12
Night Leo
You are probably the most reasonable and balanced poster on here..
cheers debear, gnite mate
posted on 9/12/12
Strange that you think I'm the one with the problem rather than ones that feel need to constantly have a go
posted on 9/12/12
monty, no one is asking u to go away
posted on 9/12/12
<editsmiley>
posted on 9/12/12
monte stop trying to act like the victim,anybody wth a brain can see what you are doing,at least the rocket doesnt try to hid what he is.
posted on 9/12/12
Rockets a legend
Them's the facts, sir
posted on 9/12/12
Feeling better already
posted on 9/12/12
no when the facts are wrong sir
posted on 9/12/12
posted on 9/12/12