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Timeline

June 11: HMRC informed administrator Duff & Phelps on Monday that it would vote against a company voluntary arrangement (CVA).

June 12: Taxman appoints London-based insolvency experts BDO to investigate and wind up the club plc. The CVA is rejected at a meeting of creditors.

June 14: Charles Green completes purchase of business and assets of The Rangers Football Club plc to be put in a new company for £5.5 million.

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