Krill
Deity
In the UK, if a company is liquidated (ceases to exist), the assets bought by a new company, which continues to run the company as it was. It's just a method of buying the company without having to pay all of the debts. The problem is that the new company can't change the employment contracts of the employees, and if the employees want, they don't have to work for the new company. And this applies to everyone, from the cleaners to the players. The players are free to take up employment by anyone, the problem "arises" over that players registration which is still technically held by Rangers. But that's technically illegal under UK law according to the the Scottish players union, and is stated explicitly in the TUPE regulations which are the UK law on the subject.
Which is why FIFA is in an interesting position. It'll be interesting to see if they try to flaunt UK law.
Which is why FIFA is in an interesting position. It'll be interesting to see if they try to flaunt UK law.