Murray fears SFA may revoke Sevco licence
Following the liquidation of Rangers last summer Green apparently bought the assets from Duff & Phelps in order for a newco to start up in Scottish football.
After the Craig Whyte regime at Ibrox the SFA were determined to ensure that there would be no repeat with assurances sought from Green that Whyte wasn’t lurking in the background.
A secretive five way agreement was produced allowing Sevco to start life in the Third Division but Murray fears that the links between Green and Whyte could mean another summer of uncertainty at Ibrox.
“You have Charles Green who said he had no involvement with Craig Whyte and that was patently not correct,” Murray told The Scotsman. “The problem is that when you get found out on these things you then start to question other things.
“And one of the most important things in all of this is the SFA. The SFA sought very direct and specific assurances that Whyte was not involved and Charles Green gave them those assurances and I’m not sure that was actually correct.
“If Charles Green had a set of documents that proved that Whyte is lying then this thing would have been put to bed in two minutes, but it was then discovered that what Whyte was saying was broadly true. Then you start thinking, ‘Hang on, if that’s true then what else is true?’ I’m not saying he does, but say Whyte owns the assets but on the other side he’s just lost a multi-million pound claim to Ticketus. “Are we saying that Ticketus would then own the assets by default?
“And if they own the assets they’ll want to be paid in order to give the assets back to Rangers, but how will the club do that bearing in mind that it had an IPO [Initial Public Offering of shares] that is potentially not valid? It’s a legal mess and it all needs to come out in the open, even if it’s bad news.”
Paul Murray was a Rangers director under Dave Murray and is unrelated to the former Ibrox chief or current chairman Malcolm Murray.