Rangers FC lodge papers to go into administration

Dempsey wrote: »

If you were relying on that test to protect your club then you were being very naive. All you have to do is look at Hearts to see that any sort of gangster can get involved in Scottish Football at the moment. If it had a lucrative tv deal you'd have people using the SPL as a money laundering service! Also, Craig Whyte told lies and circumvented the rules.

This shows how badly David Murray wanted rid of Rangers in the end. Didnt he say he was waiting for the right person? He was begging to be conned and he was.

Dempsey wrote: »

Rangers declaration came before Whyte did his spring cleaning, before he officially took control. Corporate Governance was absent from Rangers long before Whyte sank his teeth into Rangers.

Dempsey wrote: »

You seem to forget Rangers negligence in all this which is what most of the charges were about. D&P gave a bull**** statement earlier, if Whyte did all the damage as they claim, why wasnt the proof shown at the hearing?

I think you are in complete denial of how badly Rangers were being run before Whyte got there. If there were proper controls and processes in place before he arrived, D&P would have been able to produce evidence of what exactly Whyte did. If they were in place and Whyte tried to get rid or circumvent them, surely someone would have blown the whistle on him before the club hit administration.

You'd be best avoiding UEFA unless you are a glutton for punishment

Dempsey wrote: »

You seem to forget Rangers negligence in all this which is what most of the charges were about. D&P gave a bull**** statement earlier, if Whyte did all the damage as they claim, why wasnt the proof shown at the hearing?

I think you are in complete denial of how badly Rangers were being run before Whyte got there. If there were proper controls and processes in place before he arrived, D&P would have been able to produce evidence of what exactly Whyte did. If they were in place and Whyte tried to get rid or circumvent them, surely someone would have blown the whistle on him before the club hit administration.

You'd be best avoiding UEFA unless you are a glutton for punishment

Rangers owner Craig Whyte has been banned for life from any involvement in Scottish football.

The Scottish Football Association also imposed a 12-month transfer embargo on the club, who are in administration.

Rangers have been fined £160,000 while Whyte - who was charged with not being a fit and proper person to be a director - faces fines of £200,000.

"It doesn't affect my life, I'm just disappointed what it does to Rangers. It's an outrage," Whyte told BBC Sport.

He was charged with three different rule breaches, and found guilty of two, with the other "not proven".

Rangers were charged with six breaches, with five guilty verdicts and one "not proven".

The transfer embargo means they can only sign players under the age of 18 for the next year.

Rangers received the embargo and £100,000 fine for breaching rule 66 - bringing the game into disrepute.

A £50,000 fine was handed out for going into administration and £10,000 for failing to ensure that Whyte acted within rules concerning fit and proper officials.

The Gers chairman failed to notify the SFA that he had been disqualified as a director for seven years in 2000.

The club were also found guilty of acting in an improper manner/against the best interests of football and also of failing to pay Dundee United gate receipts from their Scottish Cup meeting. They were "censured" on both counts.

Whyte was fined £50,000 for bringing the game into disrepute but a charge of acting in an improper manner and against the interests of football was not proven.

He was handed three more identical fines on separate counts of failing to follow directions from an SFA tribunal.

An SFA panel met on Friday, with Whyte refusing to appear, but they delayed an announcement until this week.

The SFA adjourned the original hearing on 29 March after Whyte's lawyers asked for more time to prepare a case but the owner failed to attend a procedural hearing on 6 April which was set for him to "lodge a substantive response and for representations to be made as to state of preparation".

Administrators Duff & Phelps have been running the Scottish Premier League club since 14 February.

The SFA said its judicial panel would issue reasons for its findings in "early course" while both parties have three days to appeal following receipt of those reasons.

Whyte said: "It's a joke, a complete joke. They've never spoken to me.

"[Chief executive] Stewart Regan and [president] Campbell Ogilvie had dinner with me in November and they told me it wouldn't be a problem.

"Now they're just reacting to all of the publicity since February.

"Rangers fans can see where the SFA are coming from. We're Scotland's biggest club. They should be helping us, not kicking us when we're down. Rangers fans will remember this for a long time."

Asked whether the SFA could force him to pay the fine, he added: "Of course they can't. It's farcical."

A statement from Rangers' joint administrator Paul Clark, of Duff & Phelps, read: "All of us working on behalf of the club are utterly shocked and dismayed by the draconian sanctions imposed on Rangers in respect of these charges.

"It appears that on one hand the disciplinary panel accepted our central argument that responsibility for bringing the club into disrepute lay with the actions of one individual - Craig Whyte - as is evident from the unprecedented punishment meted out to him.

"During this hearing, the club produced compelling evidence from a number of sources that following his takeover Craig Whyte ran the club in a thoroughly unaccountable manner, rather than adhering to a long-established and proper form of corporate governance.

"The thrust of the charges against the club focused on non-payment of payroll taxes and evidence was produced that all such decisions in this area were taken by Craig Whyte during his tenure.

"Given this evidence, it is difficult to comprehend that the disciplinary panel has seen fit to effectively punish the club even more heavily than Mr Whyte.

"However, for Rangers, a ban on signing players will seriously undermine the club's efforts to rebuild after being rendered insolvent."

Earlier on Monday it was announced the administrators had yet to receive an offer for the club that will enable them to name a preferred bidder.

They added: "Furthermore, we do not know how bidders for the club will react to these sanctions and what effect they will have on their proposals.

"The club has asked for full written reasons for these decisions and intend to appeal against the findings."

Jelle1880 wrote: »

Shocking to hear that from you :rolleyes: