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Fears for the future of Rangers are continuing today after a director said that the liquidation of the club is "inevitable".
In a statement Dave King said the club will not exit administration and that owner Craig Whyte has "abused the loyalty of the fans" by mortgaging future sales of tickets.
He also says that previous owner, Sir David Murray, did not have any proof that Whyte had the funds to run the club.
The club went into administration last month after they were unable to pay a tax bill of around £9 million.
King has also had some trouble with the taxman in South Africa after he was hit by a £250 million bill.