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SBD Global/November 22, 2012/Franchises

Former Rangers Chair Alastair Johnston Believes Tax Ruling Means Rangers Should Keep Titles

Scottish Third Division club Rangers former Chair Alastair Johnston believes that the "threat of the club being stripped of titles must end following the tax tribunal verdict on player loans," according to STV. Johnston said that the "whole concept of Rangers being stripped of titles should go away, and go away quickly." Rangers CEO Charles Green issued a similar tenement on Tuesday night saying that the ruling "serves to further undermine the validity" of the Scottish Premier League Commission into the use of Employee Benefit Trusts (STV, 11/20). The SCOTSMAN reported that a probe into Rangers’ alleged use of dual contracts has been pushed back until '13. An independent commission established by the SPL to investigate whether axillary contracts were "used as part of the EBT scheme to pay players has been delayed until January or February" (SCOTSMAN, 11/21).
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