Rangers should sell their one player that is worth anything McGregor and the sell Ibrox to Tesco or Asda or something and show the HMRC that they are trying to claw back the money. They could then ground share with Clyde as they don't need a large capacity venue as was proven yesterday. Admittedly once in the 3rd division they may never get out but well you have to cut your cloth accordingly.
I suspect they will not die and to be honest I would rather see them as a Newco in the 3rd Div, that would be humiliating.
Ach they'll get round it although the slate upon which their trophy haul is written will be wiped clean.
If Rangers were to die, would all the fans switch to the other side - With Glasgow being predominantly Protestant Celtic would then become a Protestant club, so the death of Rangers will ultimately lead to the death of Catholic Celtic and the birth of Celtic Huns