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Rangers to undergo trial over £3.5m

Rangers to undergo trial over £3.5m
© PA Photos
Rangers are due to attend a court hearing on March 30th regarding a dispute between four other parties for the entitlement of £3.5m.

Rangers' administrators will face a trial hearing at the end of the month regarding a dispute over £3.5m.

Justice Warren, who presided over a hearing in the London High Court today, has ruled that the Scottish club's administrators will have to battle for the entitlement of the cash in question along with four other interested parties on March 30.

The administrators, from London firm Duff and Phelps, were last week awarded an emergency court order to seize the money, which was then transferred to the administrators' lawyers' account.

While the administrators have argued that the £3.5m belongs to the club, the HMRC, Ticketus, Jerome Pensions Group and financial group Merchant Turner are all trying to claim the money.

Despite Rangers owner Craig Whyte's solicitors potentially being entitled to the cash, the court heard that Whyte has no interest in claiming it.

While a decision was expected to be made today, the court has ruled that due to the amount of parties fighting for the sum, a four-day hearing should be carried out at the end of the month.

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Tables header RHS
TeamPWDLFAGDPTS
Championship Group
1Celtic000080265478
2RangersRangers000072234975
3Hearts101046341263
4Kilmarnock10104334952
5St Mirren00003843-543
6Dundee00004454-1041
Relegation Group
1Hibernian11004752-542
2Aberdeen11003649-1338
3Motherwell10014652-637
4St Johnstone10012549-2431
5Ross County10013258-2630
6Livingston11002459-3521
 
First Phase
1Celtic33246380265478
2RangersRangers33243672234975
3Hearts33195946341262
4Kilmarnock33131284334951
5St Mirren33127143843-543
6Dundee331011124454-1041
7Hibernian33912124451-739
8Motherwell33813124651-537
9Aberdeen33811143549-1435
10St Johnstone33710162446-2231
11Ross County3379173256-2430
12Livingston3339212259-3718


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