Ask EDGE. He's an expert on businesses going tits up Edit: If a firm goes under Administraion it continues trading, usually in the hope of selling it as a going concern. If it goes into Liquidation, they are calling quits and shutting up shop and selling anything saleable off to pay creditors first, then, hopefully if there is anything left over, pay the share holders something back as well.
Fixed that for you. The only thing to be shutdown on the back of this case is the dire slobbering from the Gallowgate Accountants. Although that will only mean they'll revert to type by getting offended by everything and intimidation of referees.
So if rangers fold, Scottish Football is finished but if they don't, their fans bigoted behaviour will finish it instead.... This rugby game....how does it work?
It was no wet dream my follically-enhanced friend. The papers were verified by Ranger's lawyers and contained a section in which Whyte confirmed that if the fine was above a certain level he would allow Rangers to fold. Don't blame us for what's happening to Rangers. I have no doubt you'll probably win the case or at the very least come to some sort of deal with HMRC but please don't try and convince us that you lot wouldn't be wetting your knickers if the same think was happening to Celtic.
Ok Stereo, lets reverse the roles here. Bob Malcolm is manager of Rangers and he has signed defenders that couldn't keep weans out of a close, him and his management team of Alex Rae and Gordan Petric have upset the whole squad by turning up smashed at training, key players are unsettled and have started to believe their media hype (Dave, Broon & Kayal all worth £10M ) On top of this the star summer signing who all hopes are pinned on is clearly at least 20 years older than he claims and also seems to be the wrong target - he just had the same name of a decent player at the same club. Tax case across the city? I think I'd be more concerned with my own club if it was in that state. I've not even started on the behaviour of the supporters, sheer epic failures of the comedian Liewell and the drastically dwindling crowds.
Rumours of problems in the dressing room of one club v's a very real possibility of the other club going under? Hmmmm it's a toughy right enough.
