Rangers’ administrators concerned over club operations

Rangers’ administrators have expressed concerns about the running of the club since Craig Whyte’s takeover in May last year.

Duff and Phelps were appointed on Tuesday after Her Majesty’s Revenue and Customs (HMRC) forced the issue in the Court of Session in a bid to secure payment of £9 million (€10.8m) in PAYE and VAT, a debt accrued during Whyte’s tenure.

In a press conference yesterday, joint administrators Paul Clark and David Whitehouse also revealed that a £24m (€28.8m) loan from Ticketus against season ticket sales did not go through the company’s accounts.