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Charlie Telfer cash could be snatched by Rangers liquidators

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rangersJust days after being awarded £170,000 from an SPFL tribunal as training compensation for the transfer of Charlie Telfer from Ibrox to Dundee United, the liquidators of old Rangers are investigating whether they are due a proportion of the money.

According to STV Sport, BDO are to write to the relevant parties to see whether they are to receive a proportion of the fee because old Rangers trained Telfer between 2006 and 2012.

Despite securing around £24 million already for the creditors of old Rangers, BDO are working tirelessly to recover as much money as possible before paying out to those creditors owed money.

BDO would have to claim the money directly from new Rangers, rather than the SPFL or Dundee United, but if new Rangers refuse it could lead to legal action.

Rangers Youth Development Limited, which was solely owned by old Rangers, employed the youth players before selling them to the club when they could sign pro-terms. This company was dissolved in 2013, but the tribunal did no differentiate between old, new Rangers or Rangers Youth Development Limited.

Given the way that Rangers were run under Sir David Murray at the time, BDO are seemingly entitled to chase their share of the Telfer money as he was trained for four of the six years new Rangers claimed for, by Rangers Youth Development Limited – a company owned by old Rangers.

The victory that seemed so glorious to Rangers fans last week seems to have soured a little in their mouths now as the war wages on.

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About Author

scotzine

Andy Muirhead is the Editor of Scotzine and the Scottish Football fanzine FITBA. He is the Scottish Football columnist for The Morning Star and has written for a number of other publications including ESPN, Huffington Post UK, BT Life's a Pitch and has had his work featured in the Daily Record, The Scotsman and the Daily Mail.

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