Unpaid tax bill forces Gers into administration
Rangers appointed corporate financial advisers Duff and Phelps following several hours of legal debate with Her Majesty’s Revenue and Customs.
Duff and Phelps later said in a statement: “The appointment follows a petition for administration presented to the Court of Session in Edinburgh today by HMRC following the non-payment of circa £9m (€10.7m) PAYE and VAT following the takeover of the club in May 2011.”