If the subprime mortgage crisis hits Scottish Football, will Rangers go bust?
Well Raker Bhoy you ask a perfectly decent financially motivated question and all hell breaks loose. I agree with you wholely and whilst I care for Rangers not one jot, I do care about the state of Scottish football if they were to end up like Clydebank and Third Lanark before them. The latter in particular were a real footballing institution at one time, so a giant can fall if the cirrcumstances are so wrong. Rangers are a massive club but they have a more massive debt problem and if Sir David Murray was looking for ANY kind of return on his investment then he will be loooking for a while. I have on numerous occasions said this to be true and like yourself have been blamed for stirring trouble by some Rangers fans. The sad fact in real business terms is the world has indulged these overspending episodes in football because it appeals to the masses and as Cesar of Rome knew so well, get the people in a good mood and you can do whatever you like. It is unfortunate that Sir David set abo
