Quote:
Originally Posted by Arthurgray50@blu
Stephen, Rangers wont go under, they are being financially pushed by Ashley. Any business that he has been involved in has flourished.
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Workers at USC might disagree with that statement.
---------- Post added at 10:58 ---------- Previous post was at 10:56 ----------
Quote:
Originally Posted by Stephen
Also Rangers will go under again at some point in the future. They are that much in debt and have borrowed so much money they are barely in control of themselves or even own their own stadium and training ground. Have you seen the terms of their recent loans from Ashley?
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I should point out they still own Ibrox and Auchenhowie, Ibrox isn't used as security over anything, yet. Also they aren't in debt to a significant degree. They've burnt through money at a huge rate but don't actually owe that much out with soft loans from shareholders.