Rangers out of SPL

[Paul Marin]

http://www.iol.co.za/sport/soccer/glasgow-rangers-kicked-out-of-spl-1.1334379

How amazing (and sad) a story this is. For all those who don't understand accounting and the implications of massive debt...this is the potential outcome. At some point, you have to pay the piper.

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Glasgow Rangers kicked out of SPL

July 4 2012 at 03:50pm

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Rangers were dramatically kicked out of next season's Scottish Premier League after rival clubs voted overwhelmingly to exclude the ailing Glasgow giants.




Glasgow– Rangers were dramatically kicked out of next season's Scottish Premier League after rival clubs voted overwhelmingly to exclude the ailing Glasgow giants, it was confirmed Wednesday.
The soon-to-be-liquidated Ibrox club had applied to rejoin the league after reforming as a new company but their request was turned down following a vote of the other clubs which make up the Scottish top-flight.
It caps a humiliating fall from grace for the most successful club in Scottish football, who were plunged into crisis earlier this year after entering administration following a tax dispute. – AFP

[Gamma]

take heed!!!!!

[Paul Marin]

take heed!!!!!

Didn't you see the Glazer's ran off to New York to float an offering? Frigthen ketch dem!!!! LOL!!! At least they had the good sense to go to New York where there are many "investors" who don't know enough about football ready to put out few shillings on a Manu stock. Lazie, Jangle, are you "investing" in your club? I hope you are loading up on shares!!!! LOL!!!!