Rangers Contest Spl To Strip Titles

Last updated : 31 July 2012 By Queens MAD

SPLlogoRANGERS have finally been handed full SFA membership just hours before the football season kicks off - but the club will vigorously contest any move by the SPL to strip them of titles.

Ibrox chief executive Charles Green reached a compromise agreement with Scottish football chiefs after another day of tense talks in the long-running saga.

Green had to agree to certain conditions - they are willing to accept a 12-month registration embargo and £160,000 fine - before the situation could be resolved which included signing off the transfer of the old company’s share in the top flight to Dundee which formally take place at an SPL meeting on August 3.

One of the major stumbling blocks during talks has been the SPL’s desire for Rangers to accept being stripped of titles if found guilty of their alleged use of dual contracts between 2001 and 2010.

But while Green has agreed to be liable for any sanctions handed out after the SPL’s investiation into the matter the club are insisting they will fiercely contest any punishment which involves title stripping.

That is now set to be a fight for a later day between Gers and the SPL if the Ibrox club are found guilty. The SPL want to hand over the issue to an independent judicial panel on August 10 to rule on whether the club’s former owners breached regulations with alleged undisclosed payments through the controversial EBT tax avoidance scheme.