BMW, Andretti Team Up In Formula E Government Makes $36M Payment Chelsea Owner Meets Conte For Lunch AFC Wimbledon Receives Stadium Boost Nike To Post Weak Results On Home Court West Ham Execs Promise Turnaround Sam Allardyce Terminated After 67 Days Man City Reportedly Eyeing CSL Club Arsenal-Leicester CL Top Ticket Prices Durham Facing Points Deduction, Relegation
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/June 13, 2012/Franchises
SPL Rangers Face Liquidation After Tax Plan Turned Down
Published June 13, 2012
RAPID VIENNA OPPOSE: In London, Ewing Grahame reported that Bundesliga's Rapid Vienna will send lawyers to the meeting at Ibrox on Thursday and the Austrians "have instructed their representatives to oppose" the CVA. The Austrian club is still owed more than £1M ($1.6M) by the Rangers from the £4M ($6.2M) transfer of Croatia striker Nikica Jelavic in Aug. '10. Green’s offer to creditors means that Rapid "would need to settle for a maximum" of more than £91,000 ($141,596) even though Rangers will receive £5.5M ($8.6M) from the sale of Jelavic to Everton in January (TELEGRAPH, 6/11).