Rangers Consider Administration
The financial crisis at Rangers has moved to the next stage, with the club announcing they're serving notice of intention for entering administration over its debt. Rangers are involved in a court case over roughly $78 million they reportedly owe in taxes. "From my early days as chairman I saw that administration was a very real option to enable the Club to address these challenges and make a fresh start," Rangers chairman Craig Whyte said.
USSoccerPlayers @ Feb 13, 2012 2:54 PM EDT | Blog Profile
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