Duff and Phelps, administrators of Rangers Football Club, issued the following statement today
Paul Clark, joint administrator, said today: "We have been informed by HMRC they will not support the proposal for a Company Voluntary Arrangement at the meeting of creditors on Thursday, June 14.
“As a result of this decision, the Sale and Purchase Agreement in place with the consortium led by Charles Green will take effect and Rangers Football Club will continue within a new company structure.
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