Rangers punished, Whyte banned

Rangers have been hit with a 12-month embargo on signing players and owner Craig Whyte has been banned for life following a Scottish Football Association hearing into the club’s financial affairs.

Administration-hit Rangers have also been fined a total of £160,000 while Whyte, who had already been deemed unfit to hold an official position in the game by the SFA, was handed fines totalling £200,000.

The SFA said their judicial panel would issue reasons for their findings in “early course” while both parties have three days to appeal following receipt of those reasons.