Glasgow Rangers: Rangers keep titles but fined by commission

Glasgow Rangers

Rangers keep titles but fined by commission Feb 28th 2013, 13:18 (Reuters) - Former Scottish champions Rangers will not be stripped of any of their titles after being investigated for undisclosed payments from 2000 to 2011, the Scottish Premier League (SPL) said on Thursday. However, the company (Oldco) that formerly ran the Glasgow club and went into liquidation last year has been fined 250 thousand pounds. The investigation by an independent commission looked into an offshore employee benefits trust (EBT) operated by Rangers that was used to make payments to players and staff in the form of tax-free loans. ... Media files: 2013-02-28T131825Z_1_CBRE91R10YT00_RTROPTP_2_SOCCER-SCOTLAND.JPG (image/jpeg)

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