The following link goes to the club's official statement on administration.
At this time, ORSA would like to say thanks to all our friends at Ibrox who've helped us through the years. Sadly, the reality is that some of those people now may no longer be working at the club once the administration process kicks in. This tragedy has an all too human face and points deductions, titles and what happens on Saturday on the pitch really need to be taken into perspective against the reality of people losing their jobs and facing up to loved ones with bad news that they've been made redundant. You're all in our thoughts and prayers at this difficult time.
Comprehensive summary of the days events from STV
Mr Whyte, administrator Paul Clark and Alistair McCoist MBE speak to Rangers TV (free to view)