Tag Archives: malcolm

Lance Armstrong doping affair: Baroness Tanni Grey-Thompson lands role investigating links with UCI

Baroness Grey-Thompson lands role investigating Armstrong's links with UCI

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UPDATED:

16:42 GMT, 30 November 2012

Baroness Tanni Grey-Thompson has been named on a three-person panel to assess the Lance Armstrong affair and the role of the International Cycling Union in the scandal.

The UCI in October ratified the sanctions recommended by the United States Anti-doping Agency, who conducted an investigation which concluded Armstrong and his United States Postal Service team ran 'the most sophisticated, professionalised and successful doping programme that sport has ever seen'.

Allegations of complicity and insider knowledge were levelled at the UCI and its leadership – all of which have been denied – and 11-time Paralympic champion Grey-Thompson forms part of the independent commission set up to establish the facts.

Disgraced: Lance Armstrong was stripped of his seven Tour de France titles

Disgraced: Lance Armstrong was stripped of his seven Tour de France titles

Australian John Coates, the president of the International Council of Arbitration for Sport assembled the commission, which is independent of the UCI and will be chaired by former Court of Appeal judge Sir Philip Otton Australian lawyer Malcolm Holmes QC will join Lords peer Grey-Thompson on the panel.

Armstrong did not cooperate with the USADA investigation and has been banned for life and stripped of all results from August 1, 1998, including seven Tour de France titles.

Investigating Armstrong: Baroness Tanni Grey-Thompson

Investigating Armstrong: Baroness Tanni Grey-Thompson

FA council rebellion over reforms – Charles Sale

Council rebellion over FA reforms

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UPDATED:

22:00 GMT, 15 October 2012

The FA are facing a backbench council rebellion on Wednesday, led by former Liverpool director Noel White, over their proposed governance reforms.

FA grandee White, who was chairman of the international committee when they had responsibility for hiring and firing England managers, has written to all councillors ahead of the Wembley debate outlining his strong opposition.

White is concerned about a marginalised FA council having no real part in decision-making, with power ceded to the Professional Game Board. He feels, as do others due to speak, such as Malcolm Clarke, Richard Tur and Jack Pearce, that the council is now just a rubber-stamping body for board and executive staff business.

Rebellion: Fa chairman David Bernstein (above) is facing opposition

Rebellion: Fa chairman David Bernstein (above) is facing opposition

More from Charles Sale…

Charles Sale: Liverpool see red over Chang bullying claims
12/10/12

Charles Sale: Tottenham back on Olympic track in bid to solve stadium problem
11/10/12

Charles Sale: New power move for Scudamore
10/10/12

Charles Sale: Sir Dave will give his FA vice-chairman post to Gill
09/10/12

Charles Sale: FA panel didn't call 'troubling' Barnard over Terry evidence
08/10/12

Charles Sale: FA stand by Chelsea secretary Barnard despite damming report
05/10/12

Charles Sale: Race report could signal Terry return to England duty
04/10/12

Charles Sale: Cycling and athletics prove double trouble for Mills' funding plan
03/10/12

VIEW FULL ARCHIVE

And opponents of the government-influenced changes will use the recent example of FA chairman David Bernstein’s regime trying to push through salaries being paid to board members without proper consultation with the council.

It could be a tense environment for Bernstein, who was lobbying councillors at Friday’s England match, to gain the 51 per cent support needed to continue as chairman past his 70th birthday next May. That would require a rule change at a stakeholders’ EGM. Bernstein will leave the meeting for the vote, which is first on the agenda.

Gill begins UEFA campaign

The unlikely alliance of Manchester United and the FA are preparing their campaign strategy for Old Trafford chief executive David Gill ahead of the UEFA committee election.

But doubts are already being expressed by European football powerbrokers that Gill, who is becoming an FA vice-chairman to help his cause, will win enough votes from the 53-territory electorate at the London Congress next May because of the big United connection.

There are strong suspicions – not least from UEFA president Michel Platini – over the way clubs increasingly challenge the authority of national associations. And Gill’s bid team will have to convince UEFA sceptics that he would represent the FA ahead of United.

Reading material

The FA’s code of conduct was delivered to England players via a PowerPoint presentation and a booklet during their training camp at St George’s Park. But how many of the squad have taken the FA publication of around eight pages and no illustrations to Poland – probably none – is unclear, though captain Steven Gerrard said they were aware of the contents.

Reading material: Gerrard and Co were given a presentation and a booklet

Reading material: Gerrard and Co were given a presentation and a booklet

St George's for rent

England's rugby team may be first in the queue to use St George’s Park with a training camp before the autumn internationals. But the centre’s showcase pitch is to remain sacrosanct for football, even though its Desso-installed surface is the same as Twickenham’s. The FA want to rent the facilities when they can but manager Roy Hodgson is keen it is used exclusively for football where possible.

Rift: Ba

Rift: Ba

Friends Ba none

It is unlikely their shared ordeal
during the Africa Cup of Nations qualifying riot will improve the
relationship of Newcastle’s Senegalese strikers Papiss Cisse and Demba
Ba. They’re said to get on about as well as Andy Cole and Teddy
Sheringham did at Manchester United.

Liverpool investigation

Liverpool managing director Ian Ayre is mounting an investigation into the background behind the extraordinary claims in a fan’s blog, written under the alter-ego Duncan Jenkins, alleging serious harassment by the club’s director of communications Jen Chang.

Ayre is due to speak to Jenkins – whose real name is Sean – as well as Chang and others involved in an unseemly episode which started when Jenkins started publicising information Chang believed must have come from inside Anfield. Chang describes Jenkins’s allegations about threats made at a genuine meeting in Manchester as ‘fictitious nonsense’ but his position looks vulnerable if Ayre decides otherwise.

Dylan can take Hart

England rugby coach Stuart Lancaster’s lessons on leadership delivered in an acclaimed presentation at the Leaders in Football conference last week includes the preference for a star team over a team of stars. But perhaps significantly for Lancaster’s choice of England captain, Northampton hooker Dylan Hartley received the most mentions.

Rangers plan return to stock exchange

Rangers plan return to stock exchange as fallen giants look to raise 20m

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UPDATED:

07:27 GMT, 11 October 2012

Rangers are to seek admission to the Alternative Investment Market of the London Stock Exchange.

The Irn Bru Division Three club hope the move can raise up to 20million as they continue to re-order their finances following the liquidation of the 'oldco' club and the acquisition of its assets by Charles Green's consortium in the summer.

The club hope their admission to the AIM can be completed by the end of the year.

Money matters: Ally McCoist could develop his squad if Rangers raise 20m

Money matters: Ally McCoist could develop his squad if Rangers raise 20m

In a statement on Thursday morning, Rangers said the money raised would be invested in the development of the club as they aim to move through the Scottish Football League and reclaim the top-flight place they lost during this year's financial turmoil.

'The funds raised will be used for strengthening the player squad, improving and developing the club's properties and facilities, as well as providing additional working capital,' the statement said.

Green, the club's chief executive, said the listing would give fans the opportunity to be part of Rangers' rebirth.

'From the time we acquired the business and assets of Rangers FC, we indicated our intention to list the company and provide our fans with the opportunity to invest in their club. I am delighted that our plans are coming to fruition,' he said.

Shocker: Rangers were beaten by Stirling Albion last time out

Shocker: Rangers were beaten by Stirling Albion last time out

'Rangers is debt-free and a huge club with enormous support and a 140-year track record of success on the domestic and international arenas. Our aim is to return the club to its glory days whilst ensuring it is run efficiently and profitably.'

Chairman Malcolm Murray added: 'Charles has done a great job to bring the club back from the brink of extinction. We now move on to the next stage which is full recovery and growth.

'The fans' loyalty has been instrumental in getting the Club on its feet and the IPO gives them the chance to have a say on club matters.'

"Rangers in peril" claim rubbished by Malcolm Murray as scaremongering

'Rangers in peril' claim rubbished by chairman Murray as scaremongering

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UPDATED:

22:11 GMT, 9 October 2012

Rangers chairman Malcolm Murray angrily hit out at what he insisted were 'scandalous' claims that the Ibrox club could face administration for the second time this year.

The dire warning was made in an article for respected business publication Forbes Magazine by John Pritchett, CEO of Chicago-based investment firm Club 9 Sports, which acted on behalf of US businessman Bill Miller in his short-lived bid to take over troubled Rangers in May.

Revealing that Miller had come ‘within an eyelash’ of buying the club, Pritchett claimed his friend had walked away because the ‘numbers did not add up’ and warned that was still the case at Ibrox — alleging Rangers would face fresh financial peril unless current Ibrox chief executive Charles Green oversaw a drastic programme of downsizing and cuts at the club.

Warning: An article in Forbes magazine predicted financial peril for Rangers

Warning: An article in Forbes magazine predicted financial peril for Rangers

Pritchett said: ‘Upon full inspection, Rangers was not a “turnaround” opportunity. It was (and is) an opportunity for someone with great wealth and a love of football and/or Scotland to give away tens and tens of millions of pounds … until bold action is taken, the future for Rangers remains in serious jeopardy.’

Tennessee truck tycoon Miller withdrew his offer for the Ibrox club a week after being named preferred bidder amid a hostile reaction to his takeover attempt by Rangers fans, with one banner at Ibrox reading: ‘Truck Off Miller — Yanks No Thanks’ being unfurled at Ibrox.

But Pritchett said the deal breaker was always that the numbers at Ibrox just did not stack up.

‘Revenues were in a freefall,’ he recalled. ‘The most important revenue stream to Rangers, season tickets, was projected to be down by 20 per cent. The club expected to lose nearly 10million in 2012/13.

‘Cash-flow from sponsorships was minimal and the administrators had already pulled out the cash from player wages, kit sponsorship and future payments due the club from the sale of several players.

Angry: Rangers chairman Malcolm Murray

Angry: Rangers chairman Malcolm Murray

‘Worse, because the administrators had to make a deal to cut player wages to keep the club afloat, the new owner of Rangers would lose a substantial portion of asset value.’

Pritchett estimated that Green’s consortium, which bought the club and assets for 5.5m and transferred them to a newco, saved 3m in wage cuts but lost up to 15m as highly-rated stars like Steven Naismith and Allan McGregor were able to leave without a transfer fee.

The American business expert also warned that Rangers must ‘cut the fat from every department and rebuild an organisation that values every pound and demands a return on any and all expenses’.

Rangers have sold a remarkable 36,000 season tickets since Green took charge, however, while he has also taken back control of club merchandising from JJB Sport and there are plans to float on the stock exchange later this month.

Furious chairman Murray last night accused Pritchett of ignorance of current goings on at Ibrox and vowed Rangers would never go to the wall again under current ownership.

He said: ‘The last time Mr Pritchett had sight of any financial information about Rangers was many months ago and, as a result, his article in Forbes Magazine is ill-informed, misleading and scaremongering.

‘For the avoidance of doubt, there is no risk of the club going into administration and any suggestion otherwise is scandalous and appears written to attract headlines. Projections Mr Pritchett had sight of have not been relevant since May and, from the day I became chairman, I have been committed to ensuring this club lives within its means and never again comes to the brink of collapse.

‘We have already secured significant investment in the club from the individuals and organisations who are part of our consortium and the successful Initial Public Offering later this month will generate many millions in additional revenue.

‘It does not take a genius to work out that costs needed to be cut at the club and this has happened, with the first-team wage bill being reduced significantly.

‘However, we also have a plan to maximise commercial revenues and develop many areas of the club that, historically, were under utilised.

‘It is my understanding that Mr Miller’s plans were based purely on cost-cutting and little additional investment in the club.

‘What is also clear from his article is that Mr Pritchett completely underestimated the loyalty and commitment of the Rangers fans. In addition to the 36,000 season-ticket holders so far this season, the attendances at our home matches have surpassed many of the top clubs in England and the rest of Europe.

‘We have a clear plan to rebuild this great club and believe that, with solid business practices and the ongoing tremendous support from the fans, this will be achieved.’

London 2012 Olympics: Luke Patience and Stuart Bithell buoyed by race delay

Patience and Bithell buoyed by race delay as GB sailors get ready for 'golden day'

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UPDATED:

17:57 GMT, 9 August 2012

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LIVE RESULTS |
EVENT SCHEDULE |
MEDALS TABLE

Luke Patience and Stuart Bithell
believe the delay to the men's 470 medal race could work in their favour
and also sets up what may prove to be a 'golden day' for Great Britain.

The British pair are mathematically
assured of at least a silver medal, having amassed a large enough points
margin heading into the medal race to be sure that the third-placed
crew, Argentina, could not catch them.

Gold medal race: Luke Patience and Stuart Bithell

Gold medal race: Luke Patience and Stuart Bithell

Patience and Bithell, though, still have eyes on gold, which they are aiming to wrestle off Australia's Mat Belcher and Malcolm Page in a medal race that was slated for 1pm on Thursday.

Light winds means it will now take place on Friday at midday – a delay the British pair believe will help their quest for the top podium position.

'I think it puts the ball in our court a little bit if we wait a bit longer,' Patience said.

'As we said the whole time, we have no pressure. It is win-win and I imagine if the Aussies are feeling anything, it is more discomfort than we are.

'The longer it draws out maybe it is a good thing for us and a worse thing for them.

'I am speculating here but it certainly isn't a problem for me and Stuart.

'Stuart was just saying earlier, this is our home. We have lived here for five years and we'll live here again once this is over. It is no skin off our back.'

Water performance: Mills and Clark will battle it out with New Zealand for the gold

Water performance: Mills and Clark will battle it out with New Zealand for the gold

Patience revealed they had not expected
to make it out today after seeing the weather forecast, but Bithell
anticipates being out on the water on Friday.

'With the high pressure and thermals, it is hard to predict exactly what
is going to happen but I do believe tomorrow is much better,' he said.

'We'll go through the routine and process again. We'll wake up expecting
to race like we did this morning and hopefully the race officer will
get it racing for us.

'We've got nowhere to be, though. We've been in our athlete container
out of the sun today actually watching some of the Olympics on TV.

'We've been just switching off, keeping fresh and being ready to get that Nespresso down our necks and hit the racing hard.'

The delay sets up what could be a superb day for British sailing.

Patience and Bithell will vie to top the podium at midday, before Hannah
Mills and Saskia Clark look to take top honours in the women's 470 an
hour later.

They too are assured of silver as long as they are not disqualified or
black flagged in the medal race, which they enter level at the top of
the standings alongside New Zealand's Jo Aleh and Olivia Powrie.

'It could be a golden day for GB,' Bithell said, with Patience adding: 'That's what everyone is hoping.'

Aside from the men's 470 medal race, the only other racing scheduled was the Elliott 6m women's match racing sail-off for fifth to
eighth.

The racing, which would have included the Lucy Macgregor-skippered
British team, has been cancelled completely because Friday is set aside
for the semi-finals.

Rangers in crisis: Charles Green says bigotry played part in expulsion from SPL

Rangers chief Green: Bigotry played a part in kicking us out of SPL

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UPDATED:

22:18 GMT, 29 July 2012

Charles Green set himself on course for another major collision with Scottish football’s authorities by citing ‘bigotry’ as a driving force in the decision to demote Rangers to the Third Division.

And the Ibrox chief executive’s personal relations with SFA counterpart Stewart Regan are sure to hit a new low after he appeared to be applauding as Rangers supporters chanted ‘if you hate Stewart Regan, clap your hands’ at Sunday’s Ramsdens Cup tie against Brechin City at Glebe Park.

Rangers, who triumphed 2-1 after extra time, played the game under a conditional licence from the SFA and will be back at Hampden this week looking for full membership to the Scottish game.

Back in action: Rangers faced Brechin in the Ramsdens Cup on Sunday

Back in action: Rangers faced Brechin in the Ramsdens Cup on Sunday

The Yorkshireman’s latest outburst won’t help, nor will chairman Malcolm Murray’s comments as he claimed that the financial crisis at the top of the game would have SPL clubs begging Rangers to return ahead of schedule.

Picking up on manager Ally McCoist’s talk of a ‘hostile agenda’ against Rangers, Green said: ‘Some of it has been driven by bigotry, some of it has been driven by jealousy and some of it has been driven by all the wrong motives.

‘Some of the business decisions that have been made have been nonsensical from a business point of view.

‘We are in a position whereby Rangers were thrown out of the league and these clubs are still appealing to fans to buy season tickets.

‘I think justice has been done. The club were deducted 10 points, fined 190,000, put out of the SPL, then put down to the Third Division.

Fury: Green watches on at Brechin

Fury: Green watches on at Brechin

‘It had to pay all the Scottish club debts, which wouldn’t normally happen for a newco to be obliged to pay oldco’s debts.

‘We’re also now paying European debts and there is still a potential cloud hanging over the club from the SPL over EBT.

‘I had meetings last week with UEFA officials, who say this is unprecedented in Europe.’

Murray, meanwhile, opened up the possibility that Rangers might not take even three seasons to regain their position in the top flight, saying: ‘We will be back at the highest level — and I don’t think it will be as long as many cynics say.’

On Sunday night, there was no response from the SFA or the SPL over the outburst by Green.

Manchester United postpone stock market flotation

United 'temporarily' postpone stock market flotation amid Eurozone fears

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UPDATED:

00:05 GMT, 26 July 2012

Manchester United have temporarily postponed their flotation on the New York Stock Exchange amid market fears caused by the Eurozone crisis.

The Glazer family, who own the club, are believed to have been spooked by the volatile US markets – forcing them to reconsider their 193million flotation in New York.

The plan had been to begin trading United's shares from early August, but this has been put on ice.

Owners: Avi (left) and Joel (right) Glazer, along with their father Malcolm, have opted to postpone Manchester United's flotation

Owners: Avi (left) and Joel (right) Glazer, along with their father Malcolm, have opted to postpone Manchester United's flotation

Advisers at the club are reassessing the plan to list the company's shares after another dismal week in the eurozone, causing the markets to slide.

United were taken over by Malcolm Glazer and his sons for 790million in 2005. The deal was met by protests from angry fans, who took up the mantra of 'Love United, Hate Glazer' from the off.

Fans were opposed to the US businessman taking over because of his reliance on debt financing, which appears to be playing a part in their consideration of a flotation.

United boss Sir Alex Ferguson recently told fans of the club to lay off the Glazer family

United boss Sir Alex Ferguson recently told fans of the club to lay off the Glazer family

It has been reported than some of the 1billion raised in the flotation would be used to pay down the club's massive 420million gross debt.

Manchester United fans have welcomed the news of the flotation – not only will it dilute the Glazers grip on the club's finances, it could also pay off some of the huge debt their noisy neighbours, Manchester City, persistently remind them of.

London 2012: British track and field stars make final Olympic preparations in Portugal

Ice and easy does it: British track and field stars make final London preparations in Portugal

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UPDATED:

15:32 GMT, 25 July 2012

Athletes from across all disciplines may have been arriving in London ahead of the Olympics in the last couple of weeks – but the host nation’s track and field stars are still nowhere to be seen around the capital.

That’s because Charles Van Commenee’s athletics team have been in Portugal making the last touches to their preparations ahead of the Games.

Ice breaker: Team GB coach Malcolm Arnold throws ice down the vest of Jack Green as Dai Greene looks on in an ice bath

Ice breaker: Team GB coach Malcolm Arnold throws ice down the vest of Jack Green as Dai Greene looks on in an ice bath

Ice breaker: Team GB coach Malcolm Arnold throws ice down the vest of Jack Green as Dai Greene looks on in an ice bath

Needs more hot water: Triple jumper Chris Tomlinson looks on as pole vaulter Kate Dennison prepares to take an ice bath

Needs more hot water: Triple jumper Chris Tomlinson looks on as pole vaulter Kate Dennison prepares to take an ice bath

At their base camp in Monte Gordo, gold medal hopefuls Dai Greene and Jessica Ennis were in attendance as they trained, fine tuning their starts and hurdling.

In mixed conditions sprint hopeful Dwain Chambers was also present, joined by 1992 gold medallist Linford Christie as he hopes to claim a medal on home turf.

All smiles: Jessica Ennis and Dai Greene stretched their legs as well practice hurdling

All smiles: Jessica Ennis and Dai Greene stretched their legs as well practiced their hurdling

All smiles: Jessica Ennis and Dai Greene stretched their legs as well practiced their hurdling

All smiles: Jessica Ennis and Dai Greene stretched their legs as well practice hurdling

It will be the first Olympics for the 34-year-old, who has seen his lifetime drugs ban from 2003 lifted for what will likely be his only opportunity to claim glory at the games.

Van Commonee and his team were on hand to help all the athletes including triple jumper Chris Tomlinson, pole-vaulter Kate Dennison and javelin thrower Goldie Sayers.

For the athletes starting to feel the heat though there was a handy remedy placed at trackside.

I've got your back: Dwain Chambers gives Mark Lewis-Francis advice before joking with Charles van Commenee (below) and conferring with Linford Christie (bottom)

I've got your back: Dwain Chambers gives Mark Lewis-Francis advice before joking with Charles van Commenee (below) and conferring with Linford Christie (bottom)

I've got your back: Dwain Chambers gives Mark Lewis-Francis advice before joking with Charles van Commenee (below) and conferring with Linford Christie (bottom)

I've got your back: Dwain Chambers gives Mark Lewis-Francis advice before joking with Charles van Commenee (below) and conferring with Linford Christie (bottom)

A set of wheelie bins were lined up and used as ice baths, which captain, Greene took full advantage of after a gruelling work out.

Although the opening ceremony takes place on Friday, the athletes still have additional time to prepare for their events, with the track and field inside the Olympic Stadium starting on August 3 with the men’s shot put and women’s 10,000 meters.

Set to go: Dennison goes upside down while Goldie Sayers looks on practicing in the javelin

Set to go: Dennison goes upside down while Goldie Sayers looks on practicing in the javelin

Set to go: Dennison goes upside down while Goldie Sayers looks on practicing in the javelin

Rangers boss Ally McCoist hits out at SFA over "unfair" transfer ban

Rangers boss McCoist hits out at SFA over 'unfair' transfer ban

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UPDATED:

17:00 GMT, 21 July 2012

Unhappy: Ally McCoist

Unhappy: Ally McCoist

Rangers boss Ally McCoist is
'extremely disappointed' with the Scottish Football Association over
their decision to enforce a transfer embargo on the club.

Scottish football's governing body said Charles Green's newco had agreed to a transfer ban
beginning on September 1 as a 'primary condition' of gaining membership
of the SFA, and therefore being granted permission to play in the
Irn-Bru Third Division next season.

The agreement, which remains subject
to final ratification, appeared to give McCoist the green light to add
to his threadbare squad ahead of the embargo coming into force.

However, Rangers quickly released a
statement in which chairman Malcolm Murray claimed the SFA's
announcement was 'premature' and McCoist has today reacted strongly to
the proposed sanctions.

'I am extremely disappointed that the
SFA chose to release a statement last night when the club has not
actually signed any agreement,' the Gers boss told the club's official
website, rangers.co.uk.

'The club is trying to get to a position where we can plan for the season, which starts in only eight days.

'We have had meetings with the SFA all week to discuss membership but I had to leave the final meeting as I could not support the sanctions they were trying to impose.

'The decision has already been taken to place Rangers in Division Three and we have accepted that, along with many more punishments.

'However, operating with an embargo on an already depleted first-team squad – even with a window to sign players – will make the task ahead an extremely difficult one.

Ibrox Park, home ground of Rangers

Ibrox Park, home ground of Rangers

'It is important to remember we have already had a 10-point deduction from the SPL, lost our Champions League place for finishing second last season, had a 160,000 fine, been refused entry to the SPL, been relegated to Division Three and lost the majority of our first-team squad – yet still the governing body has chosen to impose further sanctions.

'The transfer ban has been strongly resisted by me, the management team, the directors and supporters.

'From a business point of view I can understand the position the board has been placed in and ultimately they felt they had no choice but to accept some sanctions in order to move forward – as one of the alternatives could have led to the extinction of the club.

'I can also assure every Rangers fan I will not be accepting any talk of stripping the club of titles. That is something we will never accept and everyone at the club shares this view.

'This is still Rangers Football Club and the supporters will continue to back us as they have always done. There will be difficult times ahead but I know with the support of our fans we can emerge stronger and rise to the challenge.

'Talks will continue next week and we all hope common sense will prevail to allow us to get back playing football.'

The embargo – plus a 160,000 fine – was handed down to Rangers by the SFA's independent appellate tribunal for a range of offences, chief among which was the club's failure to pay tax under former owner Craig Whyte.

The Ibrox club successfully challenged the ban in the Court of Session, who ruled the sanction was not open to the SFA, who referred the matter back to the tribunal.

Punishments available to the tribunal included expulsion from the game and termination of membership of the SFA, and the SFA said the threat of such sanctions persuaded the newco to accept the embargo.

Rangers chairman Murray said that while the club had indeed provisionally accepted the transfer embargo, it was a decision taken in a bid to ward off even sterner sanctions.

'A delayed transfer ban would be a bitter pill to swallow and will only be agreed to if the alternative is no football,' he said.

Peace pact will let Rangers add to squad before transfer ban kicks in

Peace pact will let Rangers boss McCoist add to squad before transfer ban kicks in

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UPDATED:

22:48 GMT, 20 July 2012

Fantasy football 2012

Rangers will have five weeks to staff
up their squad after moving to reluctantly accept a delayed transfer
embargo as part of a peace deal with the SFA.

Charles Green’s Sevco Scotland newco
are set to gain clearance to play competitive football after deciding
they have no option but to abide by the sanctions facing the oldco for
bringing the game into disrepute through the actions of Craig Whyte’s
tenure.

The SFA released a statement
yesterday evening insisting agreement had been reached with Sevco over
the acceptance of a transfer embargo ‘as a primary condition of a
transfer of membership’ from the oldco.

Tough job: Ally McCoist must prepare his side for life in the lower leagues

Tough job: Ally McCoist must prepare his side for life in the lower leagues

Rangers chairman Malcolm Murray responded shortly before 10pm to state no deal had yet been signed, but that the club had to bow to sanctions to get back to playing football.

The Ibrox outfit should, therefore, begin its new life with a Ramsdens Cup tie against Brechin City a week tomorrow, but boss Ally McCoist is facing a congested timeframe to add new players capable of sustaining the Ibrox club for their Third Division campaign and beyond.

Rangers will be unable to sign players for 12 months between September 1 this year and August 31, 2013. That means McCoist will have to sign enough depth to a ravaged squad to win promotion from the bottom rung and thrive in the Second Division before he can re-enter the transfer market when the January 2014 window opens.

The SFA membership should be formally transferred early next week when it is rubberstamped by an Appellate Tribunal at Hampden. That has been deemed necessary to complete the legal process after the Ibrox challenged the transfer embargo at the Court of Session.

‘We have had days of discussions with the SFA and it is important for everyone, but most importantly our fans, to understand that the SFA said it would only transfer the membership to play football if we accepted some form of additional sanctions for the sins of previous regimes,’ said Murray.

‘The choice is stark — take sanctions or risk not playing football at all. We do not wish to gamble with the club’s future so, under duress, we have taken the difficult decision to accept some sanctions in order to move forward.

‘A delayed transfer ban would be a bitter pill to swallow and will only be agreed to if the alternative is no football.

‘We would have a window in which to sign players, enabling the manager to strengthen the squad which is critical for the club to start the process of rebuilding.’

Murray also stated the deal with the SFA would not rule out the prospect of further punishment from the SPL, who are forming an independent commission to investigate alleged double contracts from the oldco’s use of Employee Benefit Trusts.

‘We also regret that any agreement with the SFA appears not to have the support of the SPL and, as such, it still wishes to impose further sanctions on the club for the actions of previous regimes despite already voting us out of its league,’ he added.

‘This is truly astounding to everyone at the club who is now in charge of rebuilding Rangers from Division 3, particularly as the SPL are still trying to benefit from our media rights.’

Rangers successfully challenged the transfer embargo at the Court of Session, who sent the case back to the SFA Appellate Tribunal. That body could, however, have potentially inflicted a greater punishment — such as suspension from the Scottish game — had Rangers not set aside the court’s decision and accepted the embargo.