Green, who brought the Gers out of administration earlier this year, was hit with the charge after allegedly questioning the integrity of a three-man panel, who are investigating claims that Rangers' former owners used dual contracts to reward players.
Green has maintained that he only questioned the decision to strip the Scottish club of their five league titles as opposed to the panel itself.
In a statement, Green said: "What I said, I said in good faith and I was speaking up for the interests of Rangers.
"To be critical of the SPL's handling of the EBT (Employment Benefit Trust) issue does not mean that I am showing disrespect for the game and that view appears to have been shared by the judicial panel.
"It is my hope that we can all move on from today and start working constructively for the good of the game."
Rangers fell into administration in February this year and they now play in the Third Division.