lol
Corky, you can spin it all you like, but you know what actually happened. Celtic going from a privately owned company to a PLC is nothing like the club going out of business. Not one single person ever suggested Rangers were a different club when it went from being owned by various companies.
Don't you find it a tad strange that not one Rangers fans suggested Celtic were a new club when Fergus McCann floated the club on the stock exchange in 1994, but when Rangers went out of business in 2012 the newco supporters tried to claim Celtic were a newco as well, 17 years later! I mean there's being slow on the uptake and there's this.
Why do TRIFC fans keeps spinning this nonsense when they know it's nonsense? Who are they trying to fool? they know their club was formed in 2012 and had to apply to join the leagues? That there was a dodgy backroom deal to allow the newco to assume the identity doesn't mean Rangers liquidation didn't happen. It's just people in high places trying to pretend it didn't happen because of money.
Rangers went the way of Airdrieonians, its just that Airdrieonians weren't deemed important enough for people to spout the "You can't liquidate a football club, just the operating company" keech. You know this, I know this, and you know I know this, but you still say try and claim Celtic were reformed in 1994.