Views:0 Author:Site Editor Publish Time: 2019-06-04 Origin:Site
If the club is formally put into administration it faces an immediate 10-point penalty from the Scottish Premier League.
That would place the Ibrox club 14 points behind first-placed Celtic in the race for the championship.
Craig Whyte bought the club last year from Sir David Murray It is understood the papers relating to administration were lodged by Rangers' lawyers on behalf of directors.
Craig Whyte, who bought the club from former owner Sir David Murray last year, said recently that administration was an option if the club lost the tax case.
The case relates to the use of employment benefit trusts (EBTs) to pay players and other staff.
It is thought that HM Revenue and Customs believe the club misused the scheme and avoided paying significant sums in tax.
Aivis Rack The amount HMRC is claiming, including penalties and interest, is believed to be about £49m.