Once again James Traynor has found himself creating the news with his claim that Rangers avoided liquidation.
Ask HMRC what they thought of the CVA proposed by Charles Green.
Ask the 267 creditors out of pocket since 2012.
Ask the thousands of punters left holding meaningless Debenture certificates.
If all that fails he may wish to try a google search of his own coverage from the summer of 2012.
On 13 June 2012 Traynor told his army of readers at the Daily Record ‘Rangers FC as we know them are dead. It’s all over.’
Of course under the instructions of Charles Green he was later instructed to airbrush over that little area. Change it to financial meltdown or whatever but don’t mention the L word.
While he wishes to rewrite history one thing he can’t do is airbrush his own history.
At the Daily Record he covered the financial problems of various clubs from Motherwell, Dundee, Livingston, Airdrie and Partick Thistle.
The tone was similar throughout, if you don’t pay your bills, if you live outwith your means you face the consequences.
With debt mounting again at Ibrox, with no overdraft facility and no mainstream bank a familiar narrative will soon be unfolding. It is only a matter of time.
TRAYNOR ON RANGERS (IL)
In the summer of 2012 the fate of Rangers was inevitable.
Tales of interest from North America and the Far East were as credible as billionaires on the streets of Motherwell.
With the fans demanding a sugar daddy the wealthy blue noses looked the other way knowing that it would take a Gavin Masterton type overdraft facility or tax scam to produce a team capable of stopping Celtic.
No sugar daddy arrived, the club died.
SAVE THE JAGS
Just remove the words ‘Partick Thistle’ and insert ‘Rangers’ in their place & you’ll get Jim’s point about clubs living beyond their means pic.twitter.com/FkmjBc1HBZ
— Lisbon Lion (@tirnaog09) September 16, 2017
In 1998 as he celebrated the 10th anniversary of David Murray’s Ibrox reign things were looking bleak across the Clyde at Partick Thistle.
Cut-backs were severe as the club put out the rallying call to stay afloat amid drastic cost cutting.
Thistle survived, the face painter was paid, they took their medicine and dropped down to the third tier of Scottish football before rebuilding and last season managed to reach the top six of the SPFL Premiership for the first time.