Rangers enters administration, docked 10 points
Soccer Betting Lines
02/14/2012 - Glasgow, Scotland (Sportsbook Betting Lines) - Scottish Premier League champions Rangers entered administration Tuesday, which automatically penalized the storied club 10 points, and essentially handed the title to rival Celtic.
Rangers needed to enter administration because of a dispute over taxes, which could total around $100 million. The 54-time Scottish champions fell 14 points behind Celtic in the table, all but ending their current three-year title run.
"It remains our firm belief that the club's future can be secured and we hope this period of administration will be as short as possible," Rangers chairman Craig Whyte said in a statement.
"As chairman and a Rangers fan, it is very painful to see the club being deducted 10 league points but I would urge all Rangers supporters to rally round Ally McCoist and the team in these difficult times."
In addition to the tax woes, "the club has been loss making for many months," according to Whyte.
Considering all the problems, the Glasgow club had "no option but to formally restructure its financial affairs," Whyte added.
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Big 12 Conference betting odds
Work left to do: Texas Tech, Oklahoma State, Kansas State
Texas joins Texas A&M and Kansas as locks after getting league win No. 11. Texas Tech greatly helped its own hopes and crippled OK State's with the two-point win Saturday. Is K-State the last reasonable hopeful? Could be an elimination match in Stillwater on Tuesday, at least for the Cowboys.
Work left to do:
Texas Tech [18-11 (7-7), RPI: 44, SOS: 12] A critical two-point win over OK State leaves the Red Raiders with Baylor and at Iowa State left. Get both and the Red Raiders likely are good to go. Get one and there could be some interesting comparisons with a K-State team that could finish two or three games "ahead" of them in the standings but doesn't have any of the quality wins Texas Tech has. Not a lot in nonconference play (against Arkansas in Little Rock being the best win, by far) to lean on.
Oklahoma State [18-9 (5-8), RPI: 50, SOS: 35] Still without a road win, the Cowboys now need to win two on the road just to get to .500 in conference play. It's hard to recall a team (OK, other than Clemson) falling so precipitously from lock status to almost certainly out of the NCAAs at this point. There are wins to be had in the last three, including a very big home game against K-State on Tuesday, but this team is reeling. Can you tell the pressure to win is getting to them with the way the final possession played out at Texas Tech? There are some good nonconference performances to lean on, specifically beating Missouri State and Syracuse on neutral floors and Pitt in OK City, but if the Pokes don't right this very, very soon, that won't be enough.
Kansas State [20-9 (9-5), RPI: 56, SOS: 96] It pays to be in the Big 12 North. The nine league wins are Colorado (twice), Missouri (twice), Iowa State (twice), Baylor, Nebraska and (a good one against) Texas. That helps explain the middling computer profile. The win over USC is nice, but the nonconference leaves a lot to be desired. The game at OK State in Stillwater on Tuesday is huge, as it could KO the Cowboys and leave K-State with a home date against Oklahoma with which to work.
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