Colinjb Posted 12 June, 2012 Posted 12 June, 2012 So, HMRC have shown more bottle then they ever did against the Skates and have blocked the Glasgow Rangers' CVA. In essence, it means that the club will be wound up by Friday and a new club reborn from the sold on assets. So, as they will be struggling to survive and could lose all of their players (who will technically be free agents once the old club is liquidated and would probably not want to stay if they are forcibly relegated to Scottish Division 3...) will they be able to participate in our pre-season cup?
trousers Posted 12 June, 2012 Posted 12 June, 2012 I guess we'd revert to a Saints vs Arsenal 90 min game in a worst case scenario?
edprice1984 Posted 12 June, 2012 Posted 12 June, 2012 TBF the HMRC were going to block the previous Pompey CVA, it was just the debt suddenly became so large that it would have no effect - wonder how that happened???
trousers Posted 12 June, 2012 Posted 12 June, 2012 TBF the HMRC were going to block the previous Pompey CVA, it was just the debt suddenly became so large that it would have no effect - wonder how that happened??? Indeed. The very same inflated debt that is now being challenged under CVA 2 in order to reduce HMRC's stake even further...funny old game
'00' Posted 12 June, 2012 Posted 12 June, 2012 Rangers have a new sponsor....Tampax......they are going thru a difficult period:)
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