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Rangers refute Orlit report

Rangers insist there is no threat to the club over a debt owed to a Singapore-based financial services firm.

Last Updated: 06/02/13 at 20:09 Post Comment

Ibrox: Home of Rangers

Ibrox: Home of Rangers

Orlit Enterprises are reportedly seeking a winding-up order over an alleged debt of £400,000 for helping source the initial investment which helped Charles Green's company acquire the assets and business of oldco Rangers in June last year.

However, Rangers have played down the debt and claimed a repayment plan has been agreed.

The club issued a "court petition statement", which read: "With regard to stories circulating about Rangers and Orlit, the sums sought are insignificant and agreement has been reached subject to the necessary paperwork.

"Rangers Football Club is capable of meeting any debts presented legitimately and we would like to stress to our supporters there is no threat to the club whatsoever.

"The matter is unworthy of further comment."

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may well get slated by other United fans for this, but out of the three contenders, I'd far prefer Liverpool to win the title. Yes some elements of their fanbase can be a bit OTT, yes they're our biggest rivals and yes it will make our poor season feel even more like the end of an era (Fergie's gone, Liverpool are back on top). However I just have to applaud Brendan Rodgers and the way he's turned Liverpool around in just a couple of seasons. It...

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