SFA on Rangers membership 

Hey Andrew finally got something from SFA regarding Rangers.

How can “Rangers” gain league/SFA membership when they cannot produce requisite three years of accounts? The SFA answer: ” the…policy relates to applications for a new membership. In this case, Rangers Newco will be applying for the transfer of an existing membership held with the Oldco. Rangers Oldco submitted the necessary financial information for 2009 and 2010. It did not submit for the year 2011, which resulted in the Judicial Panel sanctioning the club a total of £160,000 for various breaches of its Articles of Association, and also imposing a transfer embargo which has been subsequently set aside after the Court of Session ruling by Lord Glennie.” That is – transferring old to new is not the same as a new club pitching up and wanting in. . Hopefully it will all be sorted soon.