It's shocking to find that Rangers has gone into administration. It's a big club - a massive following, lots of domestic success, but also a lot of debt. It's scary to think that if they can't work things out with those wonderful tax people, the HMRC, they could disappear from football altogether.
Unfortunately, they are making a loss, which means more debt (including to the HMRC), so they would need to make an agreement with creditors and hope that it isn't blocked by the tax service.
