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Trading basics

Administration and liquidation of the Rangers Football Club plc

Rangers is a professional football club in Scotland founded in 1872. The club entered financial difficulties during the late 2000s, and the club (trading as The Rangers Football Club plc) entered administration in February 2012. It owed substantial amounts to HM Revenue and Customs (HMRC), who subsequently refused to allow Rangers to exit administration via a company voluntary arrangemen

Trading basics

Alibi marketing

Alibi marketing and alibi branding are marketing and branding strategies used by companies to circumvent restrictions on advertising certain classes of products by instead advertising an "alibi", which does not directly reference the restricted product but is likely to remind many viewers of the brand. The alibi may be a different product or simply a word or symbol reminiscent of the res

Finance

Borussia Dortmund team bus bombing

On 11 April 2017, the tour bus of the German football team Borussia Dortmund was attacked with roadside bombs in Dortmund, Germany. Three bombs exploded as the bus ferried the team to the Westfalenstadion for the first leg of their quarter-final against Monaco in the UEFA Champions League. One of the team's players, Marc Bartra, and a policeman were wounded, but the strengthened windows

Trading basics

Doing a Leeds

"Doing a Leeds" is an English football phrase which is synonymous with the potentially dire consequences for domestic clubs in financial mismanagement. The phrase arose after the rapid decline of then Premier League club Leeds United, who invested heavily in the late 1990s and early 2000s to attain domestic and lucrative European success, which was capped by high profile appearances in t

Finance

Multi-club ownership

In association football, multi-club ownership (MCO) is a business model in which a single individual or entity holds influence in two or more football clubs, or a club over one or more other clubs. There are multiple different criterion for what makes a club a member of an MCO, but most cover decisive control or influence over a clubs' shares, governance, and/or finances. Two of the larg