by Guest Wed Sep 12, 2012 8:34 am
Dan wrote: The Maestro wrote:
Yes but you used this as a way to try and prove Rangers were the same club.
It does exactly the opposite.
No it doesn't. 'Newco Rangers' is simply a continuation of the club. It's the same club. It shouldn't be allowed, but it does.
I'll explain this one last time
A newco is not a continuation of a club.
It is a new company (therfor a new club.
The Rangers Football Club Plc are going into liquidation after failing to agree a CVA. Charles Greens consortium created a NEWCO, a new company (and club) which bought the ASSETS of The Rangers Football Club Plc including Ibrox, Murray Park etc. As they are a NEW CLUB they had to apply for a league. They applied to go into the SPL as there was an empty space after th old club being liquidated, that was rejected. They then done the right thing and applied for Division 3. I don't understand how you can see it as being a continuation of the same club. They are a COMPLETELY different Club. All they have is the old Rangers assets.
This is the OLD CLUB
This is the NEW CLUB
I won't explain it any more. You really are thick as fucking shit.
Last edited by The Maestro on Wed Sep 12, 2012 8:37 am; edited 1 time in total