Almost four and a half years after the then-SPL mandated Lord Nimmo Smith Commission issued sanctions against Rangers over its use of Employee Benefit Trusts (EBTs), the now-SPFL have confirmed there will be no further action taken against Rangers. Despite all the bleating online from a section of fans, it was confirmed that there is no legal basis on which they can review or replace the LNS findings following a series of meeting with prominent QC Gerry Moynihan.
In a statement released this morning, the SPFL confirmed that, even if they had wanted to, there is no mechanism in their rule book to further punish Rangers however they have backed calls into an independent review into the handling of the Rangers’ financial meltdown by the Scottish football authorities.
The SPFL have also taken the step of releasing their legal advice in full to combat any further conspiracy theories peddled by ‘donations please’ bloggers and certain unhinged elements of Scottish football and leaving huge holes in the fairy tales they have fed their ‘dear readers’ over the last four years in relation to the LNS commission.
You can read the full SPFL statement below: