17 Dec 2014 07:00
17 December 2014
Rangers International Football Club plc("Rangers" or the "Company")
Scottish Professional Football League Limited ("SPFL") Claim.
The board of the SPFL has determined that Rangers Football Club Limited (the "Club") is liable to pay the EBT Commission fine of £250,000 levied on RFC 2012 PLC (previously The Rangers Football Club plc) (in liquidation) The SPFL has also decided that this sum will be recovered from the Club by the SPFL withholding broadcasting money and other sums due to the Club but which are paid in the first instance to the SPFL. An appeal has been lodged with the Judicial Panel of the Scottish FA which has confirmed that the decision of the SPFL is suspended pending the outcome of the appeal subject to the SPFL's right to object. The Board is advised that the sum is not due to SPFL and the appeal will be pursued vigorously.
For further information please contact:
Rangers International Football Club plc | Tel: 0141 580 8647 |
David Somers | |
WH Ireland Limited | Tel: 020 7220 1666 |
Adrian Hadden / Paul Shackleton | |
Newgate Threadneedle | Tel: 020 7148 6143 |
Roddy Watt / John Coles |