Our Ref: PJC/PXH/LKA/LXN/PZC//RGF039/1396912 TO ALL KNOWN CREDITORS e-mail:
[email protected] 5 April 2012 Dear Sirs The Rangers Football Club Plc (In Administration) (“the Company” and “the Club”) Introduction On 14 February 2012 I was appointed Joint Administrator of the Company together with my partner, Paul Clark. This correspondence is addressed to all creditors of the Company, which includes individuals or organisations who are either owed money by the Company, or have paid for services that the Club has yet to deliver, for example pre-paid season ticket holders. Documents Attached to this letter is the following document and appendices: Main Report Joint Administrators‟ Report and Statement of Proposals Appendix 1 Statutory Information Appendix 2 Receipts and Payments Accounts Appendix 3 Schedule of Creditors and Estimated Financial Position Appendix 4 Analysis of Time Charged and Expenses Incurred Appendix 5 Joint Administrators‟ Agents and Solicitors Appendix 6 Notice of Conduct of Meeting by Correspondence Appendix 7 Creditors‟ Request for a Meeting Appendix 8 Statement of Claim Form If you wish to vote on the Joint Administrators‟ Proposals or request a creditors meeting, certain of these documents are relevant as described overleaf. The affairs, business and property of the Company are being managed by the Joint Administrators, Paul John Clark and David John Whitehouse who act as agents for the Company and without personal liability. They are both licensed by the Insolvency Practitioners Association. Duff & Phelps Ltd. T +44 (0)20 7487 7240 Duff & Phelps Ltd. Registered in Licensed Insolvency Practitioners acting as 43-45 Portman Square F +44 (0)20 7487 7299 England.