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There is no loan from Ticketus. They've bought and own the tickets.

 

I was about to ask this. Does that basically mean that Rangers will see no income from the next 24m sales of season tickets or whatever then? ???

 

Or does administration render that void. If so can see ticketus wanting a word with Whyte.

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Hayley McQueen ‏ @HayleyMcQueen  Reply  Retweet  Favorite · Open

The Rangers players have agreed 2 take paycuts 2 avoid redundancies at the club Highest earners 75% cut, mid 50% & lowest 25% details on SSN

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Poppy Scotland have been added to the list of creditors. Turns out that they banked the money raised by the sale of poppies in the ground in November.

 

Cunts want showing up for that.

 

New they where scum, but stealing poppy money.

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Poppy Scotland have been added to the list of creditors. Turns out that they banked the money raised by the sale of poppies in the ground in November.

 

That will surely go down like a lead balloon with the loyal Rangers faithful...

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Guest bimpy474

Poppy Scotland have been added to the list of creditors. Turns out that they banked the money raised by the sale of poppies in the ground in November.

 

No way :(

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Hayley McQueen ‏ @HayleyMcQueen  Reply  Retweet  Favorite · Open

The Rangers players have agreed 2 take paycuts 2 avoid redundancies at the club Highest earners 75% cut, mid 50% & lowest 25% details on SSN

 

SPL - McCulloch: I'll play for free to save Gers

 

The Daily Record reports that the veteran midfielder-turned-striker will pass up around a quarter of a million pounds of salary between now and the end of the season.

 

The 33-year-old has even promised not to claim back his £20,000-a-week salary from the club's new owners when a buyer is finally found.

 

McCulloch, who played for Wigan for six years before moving to Rangers in 2007, is desperate not to be one of the players axed from the squad at Ibrox as administrators try to save £1m a month.

 

The paper reports that he officially made his offer through players' union chief Fraser Wishart - and four other Rangers stars are considering following suit, as is manager Ally McCoist.

 

And the show of loyalty has impressed Paul Murray, a key man in the 'Blue Knights' consortium that is trying to take over the club.

 

"Lee McCulloch epitomises everything that Rangers Football Club is about," said Murray. "It's about people like Lee and Ally McCoist - people who love the club and are prepared to do anything they can to defend the club and to save the club.

 

"It's an incredible gesture."

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Guest MrSundlofer

Mervan Celik has rejected a pay-cut according to his agent Hasan Cetinkaya and says he will help the player to leave the club in the summer on a free transfer.

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Midfielders Gregg Wylde and Mervan Celik are the first players to leave Rangers after administrators rejected a proposal by the players to defer wages.

Wylde, 20, and Celik, a year older, have had their offers for voluntary redundancy with no pay-off accepted.

 

Duff & Phelps are meeting the squad at Murray Park in a last-ditch attempt to agree on wage cuts, as the club strives to make monthly savings of £1m.

 

Wylde BBC Scotland on Tuesday: "I volunteered to walk with no redundancy packaage today to help the other people in the club who have families, like the kitchen staff.

 

"I offered to walk away yesterday and the club told me today that they would accept that offer.

 

"At the moment I have nowhere to go and I don't have another club.

 

"I don't know what is going to happen next but I thought it was important to play my part in saving Rangers."

 

Celik is a Sweden Under-21 international attacking midfielder and moved to Ibrox from GAIS in Gothenburg on a three-and-a-half year deal in January.

 

Duff & Phelps set Monday as a deadline for a decision but the squad asked for a delay for the firm's officials to consider yet another proposal.

 

That came in response to a month-long proposal for structured cuts which would have meant the highest earners taking a 75% wage cut, middle-earners a 50% cut, with a 25% drop in salary for other players.

 

This, though, was rejected by the players at Murray Park, the club's training ground and led to the latest counter proposal.

 

In a statement released late on Monday afternoon, Paul Clark, joint administrator, said: "Everyone involved in the administration process has been attempting to reach a consensual solution in regard to job losses within the playing squad. The prime reason for this has been to achieve essential cost savings while preserving the fabric of the first team.

 

"This has not been an easy balance to strike and we would like to thank the manager Ally McCoist, his players and the PFA Scotland for attempting to find a solution that would be workable for all. Every realistic option is being explored.

 

"Regrettably, it has not been possible thus far to reach a consensus where players could accept the necessary level of wage cuts to prevent job losses within the squad.

 

"We do not for a moment criticise the players for this as the wage reductions that would be required are very substantial and would have a significant impact on each individual.

 

"For clarity, we cannot enforce wage cuts. The players have to agree to this course of action. The players have asked us to consider a final proposal overnight for discussion in the morning and we have agreed to this request."

 

On Friday Duff & Phelps rejected a union offer of "substantial salary deferrals".

 

The firm's David Whitehouse said wage deferrals would mean "a higher level of cost base", hindering the club's sale.

 

Meanwhile, the administrators have come to an agreement with Dunfermline to pay them the £83,000 owed for ticket sales.

 

Duff & Phelps are pursuing the club's owner Craig Whyte for up to £9m in money contractually promised at the time of last year's takeover.

 

Lawyers acting for the administrators have gained a court order to seize a preliminary £3.6m from Whyte's solicitors Collyer Bristow.

 

Whitehouse said: "It's most unlikely that cash will be released to the club in time to address this issue [job cuts].

 

"We're continuing to investigate monies which we believe should've been brought into the club."

 

On potential buyers, Whitehouse said his firm hoped "to get some real progress" but admitted getting the club out of administration with signed-off accounts by the end of March was "going to be a challenge".

 

The ability to meet the 31 March deadline will dictate whether Rangers can take part in European competition next season.

 

The SPFA insisted on Friday the "offer of wholescale wage deferrals addresses the administrators' goal" but that the administrators had indicated they were unlikely to accept the offer.

 

BBC Scotland has learned that the club's running costs between now and the end of the season are about £10m and the administrators have highlighted the need to fill a shortfall of £4.5m by the end of the season.

 

Another potential source of income for Rangers would be to sell players to countries that still have their transfer windows open and discussions are ongoing with several clubs.

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Guest bimpy474

I have seen Gregg Wylde play on the left wing for them and he looked decent, quick with a decent left foot cross on him.

 

Isn't he the one who's a bit injury prone, couple of bad knee injuries i think, i know its a decent young left footer, just cant remember if its him.

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Why didn't they just play for free as well?

 

Why should they? They can walk now, get a club that'll pay them and continue on their career. I'd be desperate to get shot too if I were them.

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