Administration for Rangers gifts Celtic the title
RANGERS have appointed administrators Duff and Phelps after a court battle with Her Majesty’s Revenue & Customs.
The football club were given an ultimatum to move into administration at the Court of Session in Edinburgh 24 hours after lodging notice of intent.
And the move will trigger an automatic 10-point deduction by the Scottish Premier League – all but handing the title to rivals Celtic.
Rangers appointed their preferred administrator after a court petition was lodged by HMRC to have one appointed for them.
The side had been given until 3.30pm on Tuesday to make the appointment following legal debate and did so with 45 minutes to spare.
Rangers said a final decision would be taken in 10 working days but their hand was forced by the tax authority.
They are awaiting a tax tribunal verdict which could cost them £75million.
REACTION: See Sport