GLASGOW (AFP)
Fallen giants Rangers have accepted a one-year transfer ban,
beginning on September 1, to ensure their membership of the
Scottish Football Association (SFA).
The transfer embargo and a £160,000 ($249,950) fine were
initially handed down to Rangers for a range of offences
including the club's failure to pay tax under former owner Craig
Whyte.
Rangers successfully challenged the ban in the Court of Session
before Charles Green's Sevco bought their assets when the Glasgow
club were consigned to liquidation.
But the change to a new company meant the SFA were able to insist
that Rangers serve the ban or face rejection from the Scottish
Football League.
The Rangers new company were voted into the Third Division by the
country's Football League clubs after failing in their bid to get
back into the Scottish Premier League.
A statement from the SFA read: "The Scottish FA can clarify the
position surrounding the outstanding Appellate Tribunal related
to Rangers FC Oldco.
"It has been agreed with Sevco Scotland Ltd that the registration
embargo will be accepted as a primary condition of a transfer of
membership.
"The Scottish FA indicated to Sevco Scotland Ltd that they had to
accept responsibility for any sanctions arising out of this case
as a condition of transfer of membership.
"Rather than convening the Appellate Tribunal to determine from
the sanctions available to it, the company directors of Sevco
Scotland Ltd have chosen to accept the 12-month registration
embargo."
