Charles Green says Rangers are over liquidation woes

Today marks the anniversary of the Ibrox club’s descent into administration and subsequent liquidation.

Chief executive Green headed the consortium which took over the club which are now playing in Scottish Division Three.

While benefiting from huge crowds at Ibrox this season, Rangers announced they had raised more than £22 million from their listing on the stock exchange in December.

Green insists that this money will provide the bedrock for a return to the top flight, saying: “As a club we are not just ready to move on — we have moved on. The successful flotation of the club on the Alternative Investment Market was the biggest single step on the road to recovery.

“The fact that our business could attract in excess of £22m of investment in a challenging economic climate was heart-warming testament to the belief of investors from City institutions to individual fans.

“Shares have performed well and the capitalisation of the club has meant that we have very sound financial foundations for the future.”

Meanwhile, former owner Craig Whyte has again denied any wrongdoing during his stewardship at Rangers.

Administrators Duff and Phelps were appointed on February 14 last year after HMRC lodged a petition over the non-payment of PAYE and VAT since Whyte’s 2011 takeover.
But, as far as Whyte is concerned, his conscience is clear.

He said: “If I was a crook or a wide-boy, do you really think I’m stupid enough to do anything remotely crooked at a high-profile football club? The whole notion is just utterly ridiculous.”

Asked how he sleeps at night, Whyte replied: “Very soundly.”