The rush to judgment is, of course, understandable. A Scottish institution that has a significance far beyond the football field stands on the brink of administration, perhaps even insolvency. It is a remarkable story. It is also largely an impenetrable one. To introduce another politician to the debate, no-one, in Churchill's words, is sure whether this is the beginning of the end or just the end of the beginning of a financial crisis.
Angry fans gathered outside Ibrox
