yes they did althrough it was a small amount compared to final amount owed somewhere in the region of 3mil. also im happy to tell you i was wrong on my previous question bill. its WAS NOT estimated rangers owed 132mill when they died.........its 134 million!!!!! i know theres an exact and full list of their debts as was published in the record but alas i cant find it (you ll be glad to hear althrough perhaps someone else can? now you may answer my question as you said you would lol

No they went to the wall then emerged as a post liquidation phoenix newco.