The Rangers Football Club plc Issues Notice of Intention to Appoint Administrators

14 February 2012

And in the background someone has formed a new company called Glasgow Rangers Football Club Limited.  And the same person has formed Glasgow Rangers Limited last October 11.

These are both English registered companies. Is this anything to do with the "oldco" directors?

Meanwhile the current company has protection for ten days and can set out a plan to appoint an administrator

Potentially massive blow to Scottish football?