pete 2,499 Posted February 21, 2013 Share Posted February 21, 2013 Charles Green agreed to pay all football debt to clubs as part of a deal to have Rangers' member-ship of the SFA transferred to his new company in July 2012. Despite reaching settlements with other European sides, Rapid remained unpaid as negotiations continued on how much was due from Rangers to the Austrian side. According to Rangers' failed CVA in the summer, Rapid were owed £1million, but have settled for a payment of £715,000, which they have received. Rapid are still pursuing the oldco, which is in liquidation, for the full £1m owed. A spokesperson said: "We received the money from the new Rangers company on Tuesday to our bank and the matter with them is closed. "We have assured them we will not raise any dispute with Fifa which could have potentially blocked their participation in future European competitions. "We are still trying to recover the full amount from the old Rangers company, but we understand this may take many months." The money was due as a third and final instalment for the transfer of the player in the summer of 2010. It is understood GAIS, Orebro and Palermo have received negotiated amounts due for the transfers of Mervan Celik, Alejandro Bedoya and Dorin Goian respectively. Charlie has saved a fair bit of money in the old transfer deals. I suppose that will pay his Glasgow flat. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 21, 2013 Share Posted February 21, 2013 he also gave them impression this had been paid many months ago. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted February 21, 2013 Share Posted February 21, 2013 Shows that we have no problem paying bills, therefore the Orlit thing really is just a dispute. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted February 21, 2013 Share Posted February 21, 2013 everton still owe £3m for jelavic, do they not? who gets that? 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted February 22, 2013 Share Posted February 22, 2013 he also gave them impression this had been paid many months ago. Another boring Green post. 0 Quote Link to post Share on other sites More sharing options...
BeardyGuts 6 Posted February 22, 2013 Share Posted February 22, 2013 everton still owe £3m for jelavic, do they not? who gets that? Does all that cash not go to oldco if i remember correctly? 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted February 22, 2013 Share Posted February 22, 2013 Does all that cash not go to oldco if i remember correctly? not sure mate, that is why i am asking. 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted February 22, 2013 Share Posted February 22, 2013 Does all that cash not go to oldco if i remember correctly? Yes....... 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted February 22, 2013 Share Posted February 22, 2013 Another boring Green post. but true. it's not my fault hes predictably perpetually misunderstood. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted February 22, 2013 Share Posted February 22, 2013 Yes....... but the oldcos footballing debts are paid by us. lol thats fair. 0 Quote Link to post Share on other sites More sharing options...
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