17 July, 2012 - 12:23

UEFA can help Rangers to reduce debt

UEFA can help Rangers to reduce debt

Rangers chief executive Charles Green claims that he started talks with UEFA on helping to reduce the club’s debts.

Last week the Scottish Football League voted for Rangers to start the new season in Third Division also being forced to accept a transfer embargo.

Charles Green hopes he will settle the debts of the team to European clubs that worth up to £3 million. The chairman admits that Rangers should face responsibilities yet remains hopeful negotiations will end positively and he does not want the debts to be waived.

Rangers was reformed as a new company after creditors failed to strike a deal with the club’s owners.

Found a mistake? Highlight it with mouse and press CTRL + Enter. Thank you!

Liked the article?

Vote:
0
rating
+1
-1

Comments

Please, register to take part in user rating.

Newswire

11 June
26 May
15 April
27 March
12 March
21 January
10 January
29 November
28 November
30 July
1 August
27 September
26 September
20 July
10 December
31 July