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16 May 12
18:44
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10 Jan 12
http://www.dailymail.co.uk/sport/football/article-2145052/Livid-Livingston-threaten-sue-SFA-Rangers-punishment.html#ixzz1v3WEgrVl
Livid Livingston threaten to sue the SFA over Rangers punishment
By John Mcgarry
PUBLISHED: 00:04 GMT, 16 May 2012 | UPDATED: 00:05 GMT, 16 May 2012
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Livingston plan to sue the SFA for up to £1.2million in lost revenue if Rangers are given a lesser punishment to the one they received for entering administration three years ago.
The West Lothian club were relegated from the First to the Third Division by the Scottish Football League in 2009 for breaching insolvency rules.
The club’s appeal to the SFA was rejected, meaning they had to work their way up the divisions with back-to-back promotions.
A consortium led by former Cowdenbeath chairman Gordon McDougall bought the club from disgraced Italian Angelo Massone — only to be thrown to the bottom tier of the senior game the following week.
McDougall has been outspoken in his criticism of the decision to demote Livingston and has already claimed Scottish football will be ‘tarnished’ if Rangers are allowed to start afresh in the SPL as a newco, should attempts to secure a Company Voluntary Arrangement (CVA) fail.
Dark clouds: Livingston have threatened to sue the SFA
It is understood Livingston wrote to the SFA last week seeking ‘clarity’ on their handling of the Rangers financial crisis and have warned they view their own treatment as a precedent.
The First Division club are expected to ask questions of the governing body if the Old Firm giants are not dealt with in the same manner and could take legal action to recover loss of income.
Both Livingston and the SFA refused to comment on the letter.
The 12 SPL clubs will meet again on May 30 to consider proposals for dealing with newco scenarios.
Two seasons of 10-point deductions and a reduction of commercial revenue for three years are among the possible sanctions.
Prospective new Rangers owner Charles Green’s preference for exiting administration is through a CVA. But, if he fails to persuade 75 per cent of creditors to vote for his proposal, he would then turn to a newco option.
Meanwhile, one of the country’s leading legal figures will spearhead Rangers’ appeal against a season-long transfer embargo.
Mr Richard Keen QC has been hired to fight the Ibrox club’s corner after a Judicial Panel took the action for ‘bringing the game into disrepute’ at a hearing last month.
Sitting on the appeals panel are Lord Carloway, Spartans chairman Craig Graham and former Partick Thistle chairman Allan Cowan.
http://www.dailymail.co.uk/sport/football/article-2145052/Livid-Livingston-threaten-sue-SFA-Rangers-punishment.html#ixzz1v3WEgrVl
Livid Livingston threaten to sue the SFA over Rangers punishment
By John Mcgarry
PUBLISHED: 00:04 GMT, 16 May 2012 | UPDATED: 00:05 GMT, 16 May 2012
Comments (10) Share
Livingston plan to sue the SFA for up to £1.2million in lost revenue if Rangers are given a lesser punishment to the one they received for entering administration three years ago.
The West Lothian club were relegated from the First to the Third Division by the Scottish Football League in 2009 for breaching insolvency rules.
The club’s appeal to the SFA was rejected, meaning they had to work their way up the divisions with back-to-back promotions.
A consortium led by former Cowdenbeath chairman Gordon McDougall bought the club from disgraced Italian Angelo Massone — only to be thrown to the bottom tier of the senior game the following week.
McDougall has been outspoken in his criticism of the decision to demote Livingston and has already claimed Scottish football will be ‘tarnished’ if Rangers are allowed to start afresh in the SPL as a newco, should attempts to secure a Company Voluntary Arrangement (CVA) fail.
Dark clouds: Livingston have threatened to sue the SFA
It is understood Livingston wrote to the SFA last week seeking ‘clarity’ on their handling of the Rangers financial crisis and have warned they view their own treatment as a precedent.
The First Division club are expected to ask questions of the governing body if the Old Firm giants are not dealt with in the same manner and could take legal action to recover loss of income.
Both Livingston and the SFA refused to comment on the letter.
The 12 SPL clubs will meet again on May 30 to consider proposals for dealing with newco scenarios.
Two seasons of 10-point deductions and a reduction of commercial revenue for three years are among the possible sanctions.
Prospective new Rangers owner Charles Green’s preference for exiting administration is through a CVA. But, if he fails to persuade 75 per cent of creditors to vote for his proposal, he would then turn to a newco option.
Meanwhile, one of the country’s leading legal figures will spearhead Rangers’ appeal against a season-long transfer embargo.
Mr Richard Keen QC has been hired to fight the Ibrox club’s corner after a Judicial Panel took the action for ‘bringing the game into disrepute’ at a hearing last month.
Sitting on the appeals panel are Lord Carloway, Spartans chairman Craig Graham and former Partick Thistle chairman Allan Cowan.
http://www.dailymail.co.uk/sport/football/article-2145052/Livid-Livingston-threaten-sue-SFA-Rangers-punishment.html#ixzz1v3WEgrVl
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