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SPL Commision - £250K fine to oldco, no titles lost


bluenose_72

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Kerrydale going nuclear ... "corrupt", "freemansonry", "go to court", "cheats", "celtic cheated out of millions".

Loving it.

If you're reading, no cheating involved, that implies a premeditated act to gain an illegal advantage. But EBTs are legal, so no need for that.

And another thing .... 54 AND COUNTING!

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if it was proven to be illegal then why did we still have it in place ? anyways just watch I wouldn't put it past them

It was a condition of transferring our SFA membership.

Anyway, glad they aren't stripping titles. Would have been too much to bear. Although not 100% happy at the fine either.

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"Rangers oldco has been fined £250,000 by an independent commission investigating allegations of failing to correctly register players. Full details of the judgement are to be published at noon, but it had earlier emerged that Rangers would not be stripped of league titles.

"The judgement states that side letters should have been disclosed, but oldco management failed to do this. But the commission found no unfair competitive advantage was gained on the field. Non-disclosure had effect of rendering all the registered players ineligible, so a fine was imposed for an administrative error.

"Rangers won the league five times in the period under investigation 2001-2011, in 2003, 2005, 2009, 2010 and 2011."

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Have't seen any response yet, but you can bet yer life that they will be all over the 'Guilty' part like a fucking rash. Anyway, Fuck them!!

I've just been there following the "live" coverage of the ruling and they are bombarding it with tweets.They are pure fucking beelin' :000000082:

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BBC Scotland's Alasdair Lamont

"Rangers oldco has been fined £250,000 by an independent commission investigating allegations of failing to correctly register players. Full details of the judgement are to be published at noon, but it had earlier emerged that Rangers would not be stripped of league titles.

"The judgement states that side letters should have been disclosed, but oldco management failed to do this. But the commission found no unfair competitive advantage was gained on the field. Non-disclosure had effect of rendering all the registered players ineligible, so a fine was imposed for an administrative error.

So guilty of admin error hence the fine, thats yer lot! :7325:

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