SFA seek more detail from Green consortium

Scottish Football Association chief executive Stewart Regan will seek to discover the full composition of the Charles Green consortium which is set to take over at Rangers.

Former Sheffield United chief executive Green has signed an “irrevocable” contract with administrators Duff and Phelps and majority shareholder Craig Whyte after several weeks of negotiations and due diligence completed largely under the radar.

Green, with the support of 20 individuals and families, aims to take Rangers out of administration through a Company Voluntary Arrangement (CVA) by early July, with his group pledging £8.5m (€10.6m) for creditors.

Regan will ask for details of the deal and the backers, with the SFA poised to toughen rules on transparency of ownership.

“I do want him to be up front with us on who is in the consortium,” Regan told the Herald.

“I think there’s an obligation on him to share that with us. I am keen to understand how he plans to run the club, not just the board but the day-to-day management.

“It’s about giving him the chance to share his vision for the club.

“It is very difficult for the governing bodies to stop people putting money into clubs. It’s not our job.

“We try to govern football but we can try to make it a little more difficult for an outgoing regime to sell a club without taking more care, which is one of the proposals at our AGM.”

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