Rangers will take a step towards liquidation today when the club's prospective owner Charles Green has an offer to creditors officially rejected at a meeting at Ibrox.
Her Majesty's Revenue and Customs have already confirmed they will oppose the Company Voluntary Arrangement proposal, ensuring it does not achieve the 75% backing required.
The vote is therefore academic but some of the unsecured creditors, who are collectively owed at least £55million, will at least get the chance to quiz the administrators and Green about the club's situation. Green now plans to push through a £5.5million purchase of the club's assets.
More top news
Chancellor George Osborne will seek to reassure financial markets on Monday morning following Britain's decision to leave the EU.
In his first outing since the referendum result, the lead Leave campaigner has outlined his vision for a post-Brexit Britain.
Becoming fresher, unsettled with rain at times as the week goes on.