Magazine
Latest Issue

Terminal blues

The financial implosion of Rangers football club is a body blow to Scottish football—and to Glasgow

By Sam Knight   August 2012

The collapse of Rangers football club could bring Scottish football to its knees

When you start getting forensic, rather interesting lectures from large, ordinarily intimidating football supporters about the difference between a liability and a contingent liability; the merits of a CVA versus a Newco in insolvency proceedings; and the kinks in the UK’s TUPE regulations (2006), then you have reached a pretty unnerving place.

This is Glasgow in the summer of 2012. Like everywhere else in Britain, it is pouring with rain. Like everywhere else, people’s minds are heavy with…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect