Rangers response to SPFL coming... and it’s lengthy so bare with me...

A spokesman for Rangers advised that Rangers Company secretary, James Blair, has had several email exchanges with the SPFL legal adviser, Rod McKenzie.
Remarkably, we have learned from an email received from Mr McKenzie that our proposed resolution is deemed unnecessary because..

the SPFL board already has the authority to provide loans to member clubs which can be exercised by the SPFL at any time.
The Inverness CEO, Scot Gardiner, confirmed on national radio yesterday that SPFL representatives made it clear on several conference calls that it was

necessary to approve the SPFL resolution in order to release funds which would relieve the financial hardship being experienced by many clubs.

Member clubs will be shocked to learn this is not the case and any club facing short term financial difficulties should request a loan from the SPFL immediately.
Our resolution was never intended to release end of season fee payments but instead to provide loans as an advance on

such payments. It is now apparent that this is already within the power of the SPFL.
This provides further evidence that an independent investigation is urgently required.

END