Sir Alex says 'tragedy' at Rangers must not lead clubs to panic
Thursday 16 February 2012
Sir Alex Ferguson has described what is happening to his former club Rangers as a "tragedy" but insists other clubs do not necessarily have to press the panic button.
The Manchester United manager said yesterday: "I'm not surprised what happened at Rangers. That was on the cards for a quite a while from since that lad took over. It is a tragedy because it is a great football club.
"It is one of the best clubs you could ever think about. I don't know what will happen there. As far as the rest of Europe is concerned, the top clubs have the ability to manage their affairs in the right way.
"You get the odd one here and there that run into trouble, like Portsmouth. But in the main you are talking about a small percentage.
"It is nothing we should panic about. We are just disappointed in the ones who do fall aside."
The administrators of Rangers have told supporters they can "be reassured that Rangers will continue as a football club" and that they hope to reach a stage "as soon as possible" where the club can emerge from administration.
Duff & Phelps were appointed on Tuesday after Her Majesty's Revenue and Customs forced the issue in the Court of Session to try to secure payment of £9m in PAYE and VAT, accrued since Craig Whyte took control of Rangers in May last year.
Joint administrators Paul Clark and David Whitehouse said: "We can report we have made very good progress within the first 24 hours of being appointed."
Saturday's SPL game against Kilmarnock at Ibrox will go ahead as planned, while the administrators expect to hold meetings with the club's staff at least on a weekly basis throughout the process.
The statement continued: "Our first priority has been to ensure that the club continues to function and this is being achieved with the help of staff, players and management. In particular, we would like to thank the club's business partners who are going the extra mile to ensure that Saturday's home match against Kilmarnock goes ahead as scheduled."
Latest in Sport
Chelsea vs Tottenham combined XI: Hugo Lloris or Thibaut Courtois? Willian or Christian Eriksen? Who makes the final cut?
Manchester United vs Sunderland match report: Wayne Rooney scores twice but referee Roger East sends off Wes Brown instead of John O'Shea
AP McCoy on Arsenal: 'If I was performing that bad I'd have retired a long time ago'
Carl Frampton vs Chris Avalos; Tyson Fury vs Christian Hammer; Dmitry Chudinov vs Chris Eubank Jr - boxing on TV this weekend
Manchester United player ratings: Just how bad was Angel Di Maria to be withdrawn at half-time?
- 1 The black and blue dress: Makers considering a white and gold version
- 2 Man to be beheaded in Saudi Arabia after ripping up a Koran and hitting it with his shoe
- 3 Husband and wife die holding hands within hours of each other after 67 years of marriage
- 4 PornHub turns masturbation into energy in bid to save the planet
- 5 The remarkable archaeological underwater discovery that could open up a new chapter in the study of European and British prehistory
New theory could prove how life began and disprove God
This is what it's like to be dead, according to a guy who died for a bit
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Ukip would cut billions from Scottish budget to fund English tax cuts
Russia's roadmap for annexing eastern Ukraine 'leaked from Vladimir Putin's office'