Rangers have paid £35,000 owed by them to Scots law firm Levy & McRae and have been ordered to pay around £10,000 in interest, legal costs and expenses also, according to STV News.
The Ibrox side were taken to the Court of Session last week after they failed to pay Levy & McRae outstanding money owed to them from a bill dating back to March 2011.
On Wednesday Rangers promised the law firm that they would receive the debt owed by close of business on Thursday, but when no monies were received, Levy & McRae returned to court this morning.
Just under three-quarters of an hour later the money had been transferred to the law firm’s bank account. The Ibrox side did not offer an explanation to the court for the delay.
A Rangers spokesperson commented: “The remarks in The Court of Session today made by Levy & McRae with regard to their concerns about the Club’s solvency are unfounded and unwarranted and these are nothing more than scaremongering tactics.
“The Club is extremely disappointed and angry that this action was taken when there were categorical assurances from the Club’s lawyers that the money was on its way and it is regrettable that those assurances were not deemed sufficient by Levy & McRae.”
The money owed related to work that the law firm did for Rangers when the club appealed to UEFA over charges of sectarian singing in games against PSV Eindhoven in the Europa League last season.
Last week HM Revenue and Customs arrested £2.8m from the club’s bank account over their unpaid tax bill, as Rangers continue to dispute the £1.4 million penalty imposed on top of that.