Ross.

Wee question, that is part joke part genuine... Anyone buying Rangers right now wanting to save the company from liquidation would pretty much have to be willing to write off the best part of £60m plus, BTC dependent. No businessman in his right mind would be willing to write off an investment of that size given 100% prior knowledge that there would be no return on it, it is completely written off. Given that anyone willing to do this would clearly be off their f**king rocker, would they legally be allowed to invest in the club? From a legal point of view I wouldn't have thought anyone that f**king retarded would be allowed to agree to any kind of contract?

Surely that would then have to be FC We Surrendered 1690?

Wee question on Gregg Wylde. If you had him on your redundancy bingo card, do you get to cross him off?

Wylde and Celik gone. That'll save them what, 1/25th of that million a month?

If Wylde is not a Rangers fan then he'll have reason to stay. As someone else stated, a lower wage guaranteed elsewhere is better than a higher wage you won't get where you are. Who's next?

All the "F**king try it" and "I'd love to see them try" posts on there make me think of some wee bampot holding his arms out shouting "come ahead then" while backing off as the other guy just stands there. Absolute f*cking rockets, to keep with the fireworks theme.

Pretty well documented, as Celtic pretty much owned up to HRMC and paid the relevant taxes before closing it down. They should still have all results involving the player(s) involved nullified though, which would mean they still won nothing that year. Well, unless they supplied the additional EBT contract to the SFA/SPL....

So Ticketus are f*cked in the event of liquidation, and Rangers lose a massive portion of their income stream for several years if Ticketus don't get f*cked. Liquidation is looking ever more inevitable.

11:45am according to a post on the RTC blog.

You also have to factor in the impact of the EBT's. It's possible that Rangers were paying more to players than Celtic on a salary basis, but paying less out as a club due to the tax implications of the mechanisms they were using. Very hard to do a straight comparison until all that is cleared up.

Done my groin last week playing 5's so had to lay off the running. Had been running from my gaff to the missus place 3 times a week, 7.5k approx and generally running with a few kg extra in a bag on my back. Averaging around 43 minutes which is a bit disappointing, but I figure if I run without the bag I should be a wee bit faster. Hopefully back into it in the next few days as the leg is feeling much better.

Interesting that the Forsyth article mentions administration was a strong possibility for Rangers at least a couple of times in the last 11 or 12 years. If the press knew that, why was it kept so quiet? I remember Chic Young mentioning it before a game around 4 years ago, and he was ridiculed at the time, but other than that there has been nothing.

The Glasgow cup could suddenly become half important again. Either that or the league cup will have a restructure, with regional leagues put in at the beginning.

For those of a Rangers persuasion, I'd look up Southern Cross Healthcare and see how that one worked out......

But Whyte didn't use the clubs shares or income. I'm reading the situation and it looks to me like Ticketus and Whyte had agreed some sort of futures trade. Ticketus paid up front and Whyte guaranteed delivery of x number of tickets for Rangers games on a certain date. Probably with a cooling off period built in allowing ticketus to cancel the deal within 14 days or so (to mitigate against Whytes takeover collapsing late on, but that was probably not mentioned specifically in the contract). Unethical it might be, but there's an entire industry built on deals like this. To be fair, its usually not tickets to watch football at Ibrox that people agree contracts on, but it's easy enough to swap "number of tickets for Ibrox" with "tonnes of wheat, maize, cotton, etc" and all of a sudden it's a fairly common transaction.

The £18m owed to Lloyds Banking Group that was assigned to Wavetower when the takeover went through.

If HMRC win, then the debt to Craig Whyte stands. That's another £18m+

The insurer would be Lloyds of London, as opposed to Lloyds Banking Group. Completely different entity.

My initial thoughts on Ticketus are that they may have bought tickets from Rangers but are guaranteed payment based on ticket sales at Ibrox, whether Rangers FC are the stars of the show or not.

Probably the book I'd pick out as my favourite if anyone asked. Read it at school when I was 15 or 16 and it didn't do much for me, but read it again a couple of years ago and found it terrifying, have read it a few times since, tend to pick it up when I've run out of books to read and it's still to hit pay day. Every time as enjoyable as the last. Just started reading "Fight Club". Have seen the film, which I enjoyed, but read a few other books from Palahniuk recently and thought I'd give this a go. Also bought "Vernon God Little", off the back of reading "Lights Out in Wonderland", which I enjoyed despite finding it difficult to follow at times, and finding the end a little abrupt...

Had this conversation in the pub yesterday. I have absolutely no doubt whatsoever that if the game at Ibrox ends up being the "Title winning match", it'll be postponed until the title is wrapped up. No chance they'll risk the inevitable blood bath.

Would that be Rangers FC, or The Rangers Group PLC, or Craig Whyte not taking money, or The Rangers Group PLC not taking money, or...... Could go on for a while, but every time this guy opens his mouth, he leaves more questions needing asked than he answers. He's an absolute dream for the press who must be recording their highest sales and listening figures in a very long time.

Can't see this working. All it would lead to is every other club in the SPL with a sizeable debt problem looking to do something similar. If it's a new co then they have to be treated as such, which means reapplying to the SFA and starting from the bottom up. While this is something that the media do not want to consider, it is the only way to get through this without doing far more damage to the game here than has already been done.

I don't expect it myself, but it was all I could come up with when trying to think of a way out that could be in anyway considered palatable if the club are to be readmitted, as most folk expect.

One scenario that came to mind last night. Pre pack and sold to a phoenix. Phoenix readmitted to the SPL but on the basis that the old teams points are cancelled. Phoenix has 10 or so games to pick up enough points to survive.