Scottish Football Association(SFA) Seek Assurances From Rangers

The Scottish Football Association have asked Charles Green to share more details with them about his consortium which is set to take over troubled club Rangers.
Scottish Football Association

Green has signed an "irrevocable" contract with the administrators and Rangers majority shareholder Craig Whyte.

His consortium, which comprises 20 individuals and families, want to take Rangers out of administration through a Company Voluntary Arrangement by early July, but so far the full details of the backers has not been made public.

SFA chief executive Stewart Regan said in a newspaper interview: "I do want him to be up front with us on who is in the consortium.

"I think there's an obligation on him to share that with us. I am keen to understand how he plans to run the club, not just the board but the day-to-day management. It's about giving him the chance to share his vision for the club.

"It is very difficult for the governing bodies to stop people putting money into clubs. It's not our job.

"We try to govern football but we can try to make it a little more difficult for an outgoing regime to sell a club without taking more care, which is one of the proposals at our AGM."

Following the financial crisis at Rangers the SFA are considering the introduction of tougher rules for clubs regarding the transparency of ownership.

0 comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Infolinks In Text Ads

Search