OP is that copied from BBC article? There's a bit been added since which is less good:
However, in the letter to clubs, the SFA also informed that the court testimony of two former directors of Rangers Football Club plc (Oldco) regarding "overdue payables" - in what is known as the 'Wee Tax Case' - "might have implications in the context of the Uefa licence granted in 2011".
"On the face of it, there seem to be contradictions between those statements and written representations made at the time," it stated.
"In 2011, Oldco indicated there was an ongoing dispute with HMRC, but the evidence in the Craig Whyte [former Rangers owner] trial suggests that Oldco knew by early 2011 that it had no defence to HMRC's claim.
"This matter has been referred to the compliance officer for further investigation following receipt of information of a written opinion from senior counsel."