Both Rangers and Portsmouth are desperate for cash flow and a friendly between them has been mooted, although finding a date suitable to both clubs could be a problem. Perhaps there could be a new cup competition for clubs in administration sponsored by the administrators.
Both Rangers and Portsmouth are desperate for cash flow and a friendly between them has been mooted, although finding a date suitable to both clubs could be a problem. Perhaps there could be a new cup competition for clubs in administration sponsored by the administrators.
The administrators at Rangers need to find a quick solution that will save £1m a month while retaining a viable team. One argument is that speedy redundancies are brutal but fairer.
The administrators are concerned that a big deferred wages bill would deter prospective purchasers, but one of the consortiums waiting in the wings is happy to take them on board.
The administrator is continuing talks with players at Rangers in an effort to find a consensual solution on player wage cuts as a means of avoiding redundancies. If agreement cannot be reached, then the administrator would be legally obliged to impose redundancies.