SFA hit Rangers with more charges

Ten months after taking control of Rangers the SFA have announced that Craig Whyte is not a fit and proper person to be chairman of the club!

Whyte and Rangers ignored all requests from the SFA for information on Whyte until they were forced to disclose that he had served a year ban from being a company director when they announced their unaudited six month accounts to the Stock Market last November.

Once Rangers had been placed in administration the SFA announced that an enquiry by Lord Nimmo Smith would look into the activities of the club.

The SFA have released the interim findings of the two week investigation which has uncovered a number of other allegations that Rangers will have to answer including financial records.

Both the SFA and SPL have started investigations into allegations that Rangers had issued players with side contracts with the SFA taking a step back to allow the SPL to complete their investigations into that matter.

Stewart Regan said: “I can confirm that the Scottish FA convened a Special Board Meeting at Hampden Park today to discuss the findings of the Independent Inquiry into Rangers FC, prepared by the Chair, The Right Honourable Lord William Nimmo Smith.

“Principally, it is the belief of the Board, taking into account the prima facie evidence presented today, that Mr Craig Whyte is not considered to be a Fit and Proper person to hold a position within Association Football.

“We will be writing to Mr Whyte in relation to those findings and shall seek a response within seven days.

“The report submitted by Lord Nimmo Smith, having been considered fully by the Board, highlights a number of other potential rule breaches by the club and its owner. The report will now be used as evidence and forwarded to a Judicial Panel for consideration and determination as per the protocol.

“As such, the report’s contents will not be published at this time. Nevertheless, I can confirm that the club is facing a charge of bringing the game into disrepute. Specifically, areas of potential breach to be considered by the Judicial Panel include:

·         Obligations and duties of members

·         Official return

·         Financial records

·         Division of receipts and payment of expenses (Scottish Cup)

“I would like to clarify the situation relating to possible non-disclosure of payments to players, and in particular the Employee Benefit Trust. Having noted the Scottish Premier League’s intention to investigate this matter, the Board has decided to allow the SPL to complete this process, given our potential status as the appellate body. We retain our position until such time as the SPL’s investigation is concluded.”

CLICK HERE for Duff and Phelps ‘Rangers may not be able to complete their fixtures ’

CLICK HERE  for Dave King ‘liquidation is inevitable’

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