Rangers Football Club has lodged legal papers signalling its intention to go into administration.
The Ibrox club lodged papers at the Court of Session in Edinburgh on Monday, notifying an intention to declare an administrator.
It now has five days to confirm whether administrators have been appointed to take over the running of the club.
The move comes while Rangers awaits a tax tribunal decision over a disputed bill plus penalties totalling £49m.
If the club is formally put into administration it faces an immediate 10-point penalty from the Scottish Premier League.
That would place the Ibrox club 14 points behind first-placed Celtic in the race for the championship.
Originally posted by clover68i hoped it passed unnoticed
a match born crooked and ended worse .. we played like we had already won before playing .. without the minimun commitment .. no "garra" at all.
nobody to save yesterday
(actually we're hiding for the Champions shhh .. hehe)
Originally posted by iTim[..]
Originally posted by patou2:[..]
I think it would be an easy match for Inter and then i saw 0-1 at home and i can t blieve it ...
I know what you think, I'm getting boring with focussing on him alone these days, but it's.... well. All I want to see. His contract signed for another year. They're not getting to it, for whatever reason 
.. serious football starts again ..