Green confirms Ibrox job losses

Charles Green has admitted that there will be job losses at Ibrox.

Rangers began the liquidation process on June 14 when HMRC rejected a CVA put together by Green.

Almost immediately Green announced the setting up of Sevco with employees terms and conditions to be TUPE’d across to the newco.

With season ticket money decimated and no licence granted to play football Green spoke to staff today at Ibrox.

“I addressed the staff today because there will be job losses and the implications are huge,” he told Sky Sports. ”We need to draw this matter to an end now. We need the SFA to agree membership for us now so we can all rebuild and get on with our lives.”

With just six members of last season’s first team squad switching to Sevco the job losses will effect the football staff as well as other areas of the business.

Earlier today Green met with the SPL as it was announced that Dundee will replace the Ibrox club in the top flight.

He added: “I gave a verbal agreement to transfer the oldco share across to Dundee and we’ve now got verbal agreements with both the football league to admit us into Division Three and on issues outstanding with the SPL.

“The real key now for Rangers fans are the issues outstanding with the SFA – most of the agenda items that have been talked about for weeks and weeks: the transfer embargo, fines that were put out there, and payments to football clubs that had happened for previous transfers.

“It is now for newco to take on board the sins of oldco to clear a way forward. Many fans have spoken to me and said how unfair it is.

“At one meeting today it was explained that being demoted to the Third Division is not a punishment. I’m not very bright but I struggle with that one, to see that leaving the SPL and ending up in the Third Division is anything but a punishment.

“The difficulty we have is we’ve been working for many, many weeks now on these issues and there is a point where unless I as CEO accept sanctions then we won’t be granted permission to join the SFA.”

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