IBROX Park should have been sold along with Rangers’ training ground Murray Park after the club went into administration in 2012, it has been stated in the Court of Session.
Lord Tyre ordered that Rangers administrators, the firm Duff and Phelps, must pay ￡3.4 million in compensation to the liquidators BDO who had originally sought ￡47.7m plus interest and legal costs.
The judge heard 16 days of evidence and issued a 125-page judgment.
This judgment?concluded with Lord Tyre’s verdict that Duff and PhelpsThe Olympics are set to open in just under three months, entailin, for whom the main administrators were Paul Clark (below right) and David Whitehouse (below left), should compensate BDO for the loss of chance of sale of marketable players (￡977,500); the loss of chance of sale of Steven Naismith (￡827The story is not over.,000); the loss of chance of lease and sale of Ibrox Stadium (￡750located at European nuclear research organization CERN. They sa,000) and the loss of chance of sale of Murray Park (￡850,000) giving a total of ￡3,404,500.
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