SPFL have been passing around a resolution to all the Scottish clubs so they can wrap up the 2019-20 season with immediate effect. But Rangers FC might just have thrown a spanner into their works.
According to the SPFL, they intend to distribute the prize money right now so the smaller clubs can get financial backing and without ending the league, this cannot be done – hence the resolution.
Rangers though wanted as a resolution for the projected prize money to be given as loans right now and the league could be finished at a later date.
But now the Gers are claiming no such resolution is needed since SPFL already have the power to sanction loans thereby hinting at the fact that there’s no need to end the current season abruptly.
“Rangers Company secretary, James Blair, has had several email exchanges with the SPFL legal adviser, Rod McKenzie,” a spokesman of the club said, as reported.
“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.”
This will most certainly be a huge blow for Celtic FC since if the season ends now, they will be crowned the Premiership champions while Rangers FC will finish second.
And surely, Rangers do not want this to happen without giving a proper fight.
But as far as we are concerned, the Ibrox outfit are just delaying the inevitable since their Old Firm rivals more or less have one hand on the title. So they might well just keep all the legal matters aside and try to make things easier for the smaller sides.
