Singapore company seeks to wind up Rangers Football Club over £400,000 debt

Herald Scotland, 7 Feb 2013
RANGERS has moved to assure fans there is no threat to the company that owns the club after it emerged a Singapore-based finance group is seeking a winding-up order over a £400,000 debt.
The claim is understood to have arisen from a failure to pay two of four invoices issued by Orlit Enterprises.
Orlit Enterprises is said to have taken the action because there was no satisfactory answer to the non-payment, and is understood to be seeking the winding-up of The Rangers Football Club Limited (RFCL), formerly Sevco Scotland Ltd, the company vehicle used to buy the Ibrox club's assets while in administration. Full story

Related:
'No agreement' over Rangers winding-up threat - BBC News
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