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Regan confirms his Rangers rescue plan

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Stewart Regan newsStewart Regan has confirmed his role in the summer plot to put Rangers newco into the First Division.

In an interview with Radio Scotland the SFA chief admitted that administering the rules of the game were put on the back burner as commercial considerations took over.

While Gretna and Livingston were shown no mercy during their financial problems Regan set up a working party aimed at making the demise and liquidation of Rangers as painless as possible.

As his plan unravelled the SFA chief predicted social disorder with some SFL chairman calling for a vote of no confidence in Regan.

“I was one of a number of people who were part of a working group designed to try and put the best possible plan in place for Scottish football,” the SFA chief admitted.

“That involved the [Scottish] Premier League, the [Scottish] Football League and directors of the SFA and what was delivered was a proposal which ultimately got turned down.

“We looked at things not just from a football perspective but from a commercial perspective as well.

“We ended up getting the clear views from the clubs that that [keeping Rangers in the SPL or placing them in the First Division] wasn’t the direction they wanted to take.”

Regan added: “I chaired a number of the meetings and I presented the facts to the people around the table as a summary of what had been agreed.

“The fact that certain pieces of information got leaked to the press somehow portrayed me as being this protagonist trying to protect Rangers against the wishes of the fans.

“The plan couldn’t be manufactured, the plan could only be agreed by the three governing bodies [SPL, SFL and the SFA]. A plan had to be presented to the clubs to decide what was best for the game.

“It’s OK having sporting merit but if you haven’t got any money to run your game and you end up with clubs going down the tubes, that doesn’t help anybody.

“This was a new situation. The two leagues have different rules governing how they deal with clubs in financial difficulties.

“That’s why all three bodies tried to come up with an agreement as to how to take it forward.

“When you look at how newcos are dealt with in leagues around the world there aren’t any common approaches, there aren’t automatic plans that say a newco club has to be taken down the very lowest level of football.”

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  • Sweeney Hughes says:

    We had the ex-deputy governor of The Bank of England taking advice directly from HMRC regards EBTs, who then decide that they were not worth the bother and that tax had to be payed on them at some point.
    They had Dodgy Dave who asked a sleazebag porn star advice on EBTs, who told them to fill their boots.

    Spot the difference! Lol!!

  • Only in Scotland cant this happen That thy get away with scrawing the football fans

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