Rangers granted Scottish FA membership
Reuters - Friday 27 July 2012, 22:51
Crisis club Rangers have been
granted conditional membership of the Scottish FA that allows
the former champions to play their League Cup first round tie at
Brechin City on Sunday.
Rangers have been told to relaunch in the fourth tier after
collapsing under their debt pile, breaking the stranglehold they
have had with city rivals Celtic on the Scottish game for
decades.
They have been replaced in the Scottish Premier League by
Dundee after the Glasgow side were demoted following their
financial crisis.
The new Rangers needed membership of the Scottish FA to play
any competitive matches in Scotland.
A Scottish Football League (SFL), SFA and Scottish Premier
League statement on Friday read:
"We are pleased to confirm that agreement has been reached
on all outstanding points relating to the transfer of the
Scottish FA membership between Rangers FC (In Administration),
and Sevco Scotland Ltd, who will be the new owners of The
Rangers Football Club.
"A conditional membership will be issued to Sevco Scotland
Ltd today, allowing Sunday's Ramsdens (League) Cup tie against
Brechin City to go ahead.
"Following the completion of all legal documentation, the
Scottish Premier League will conduct the formal transfer of the
league share between RFC (IA) and Dundee FC on no later than
Friday 3rd August 2012."
Rangers, who have won the Scottish title a record 54 times,
went into administration in February before a takeover last
month by a consortium led by English businessman Charles Green.