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Green - We have paid all our football debts


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CHARLES GREEN last night revealed Rangers have finally settled their debts with Scottish clubs.

 

The Ibrox chief was seething after being accused by callers on James Traynorâ??s BBC Scotland radio show of leaving clubs out of pocket while splashing cash on players.

 

Green says he tried to get on Saturdayâ??s phone-in but couldn't get through. And now he wants to set the record straight.

 

Green insisted while Dunfermline had previously been paid, the Third Division club has now also settled debts to Celtic, Hearts â?? over the signing of Lee Wallace â?? and Dundee United, over £35,000 for gate receipts.

 

And he said: â??There are fans out there who think we are signing new players and havenâ??t paid our debts. This couldn't be further from the truth.

 

â??They are not even my debts but Iâ??ve paid them anyway as we want to put this behind us and rise again.

 

â??I want you to make the point really clear. There were people on Jim Traynorâ??s show saying it is wrong for Rangers to sign these new players when they havenâ??t paid this and havenâ??t paid that.

 

â??But that is wrong. We have paid every club we owed money to in Scotland.

 

â??We handed £500,00 to the SFA last Thursday to clear up all the fines and to pay what we owed the clubs.â?

 

Green also insists there will be more arrivals at Rangers before the window closes on August 31 â?? and that other players will leave.

 

The Ibrox club had snapped up Dean Shiels but their treble swoop for Kevin Kyle, Fran Sandaza and Emilson Cribari in one day had upset some callers.

 

And the chief executive said: â??I will be further supporting Alistair with more signings he wants, so there shouldn't be a problem upsetting anyone now.

 

â??We have other targets lined up. There will be more players coming into the club before deadline day but I canâ??t say who they are because I canâ??t pronounce their names.

 

â??And there will be more players leaving the club.â?

 

The players McCoist already has at his disposal had to come from behind to take a point at Peterhead

on Saturday.

 

And Green insists the players will have to fight even harder if they want to win promotion.

 

He added: â??The players have to realise this is a fight. This is just the start.

 

â??But Iâ??m used to it as from the day I came in, Iâ??ve been fighting.

 

â??We have been fighting with the SFA, the SPL and now with Third Division clubs to take points off them so for us this is not strange.â?

 

http://www.dailyrecord.co.uk/sport/f...-debts-1257144

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Why would they ?

 

If the newco pays debts of the oldco, something it is hardly obliged too, would that open a way for HMRC and Ticketus and any other creditor to do the same? No matter whether the SFA coerced us into this, illegally, if you ask me.

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They can look on all they like....they're not entitled to a single penny!!!

 

Well, I am under that assumption too, but if we setting a precedent with this, and given what we have seen these last 12 months, I start to wonder none-theless.

 

BTW, good to see Green coming out and gets into these people.

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Hmrc might find it difficult to argue that the "Football Creditors" rule can apply in England but not Scotland albeit we have been coerced into it by the SFA. On the upside there an be no doubt now that we remain the same club. The new holding company has settled the debts of the old holding company. Of course the lawyers amongst us will no doubt point out where I'm wrong here.

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Green says he tried to get on Saturdayâ??s phone-in but couldn't get through. And now he wants to set the record straight.

I have heard of Rangers fans not getting on the phone ins, but to deny Green his say would show total bias. Do the BBC have caller ID?

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