Rangers torn apart by CVA feud
Problems ahead of next week’s creditors meeting
RANGERS fans were today being tugged in opposite directions ahead of next week’s creditors meeting.
The get-together will decide if the Ibrox club can exit administration through a Company Voluntary Arrangement (CVA).
Controversial owner Craig Whyte said: “I am 100% behind the CVA. I hope it goes through.”
Rangers director Dave King, though, is urging creditors to reject the proposal.
South Africa-based King has also called on Gers fans not to renew season tickets until consortium leader Charles Green reveals more details of his plans.
Should creditors reject the CVA, Green would hope to form a newco Gers instead.
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