Because if they were found liable in the 'big tax case' the CVA then turns out to be worth nothing at all, as compared to the 9p in the pound it was apparently worth.
Block quote from the BBC 'Rangers in crisis' thread
http://www.bbc.co.uk/sport/0/football/18410999 :
And an
anonymous texter asks: "So who sells the club's assets? Surely if HMRC want raise capital through their sale of assets it shouldn't go to the first bidder?"
That's a key question, Mr Anon. HMRC have appointed insolvency experts BDO to investigate the club's liquidation. But it is Duff & Phelps who have entered into what they say is a binding agreement with Charles Green and it is they who will work with Green's consortium to create the "newco". That latter bit can be done in a few days, we hear.
BDO's role is to find out how the business got to be in such a sorry state. Their investigation could take months. I imagine Duff & Phelps will be clearing their desks once the transfer of the club to Charles Green goes through.
However, what my colleague Chris McLaughlin is currently trying to establish is whether another party - the Blue Knights or another consortium, for example - could gazump Green's consortium by offering the administrators and the creditors more than the £5.5m promised by Green for the club's assets.
As things stand, and what Duff & Phelps and Charles Green are telling BBC Scotland, Green's deal is binding: he will get Ibrox Stadium, Murray Park and other assets for £5.5m.