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Scottish Football debts settled.....

by TRFC - You can take the pash but the titles are ours :) (U14832)

So as has been reported the newco have settled outstanding debts to Celtic, the SFA and have confirmed their agreement to meet the final installment for Lee Wallace due next July.

One question though. The SFA withheld £900k in prize money from Rangers last season to apparently settle outstanding football debts. I believe they paid Dundee Utd and it was reported they would use it to pay money due to Celtic and Hearts. So now that the newco have settled or will settle the latter of the two debts what has happened to the balance of the prize money? Can/ should Charles Green be making a stake for it??

posted on 14/8/12

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posted on 14/8/12

Maybe the face painter can be squared up...or the others who went down for £millions.

posted on 14/8/12

i would not rule out the SFA using the money to buy a big stuffed cat.

+++

Craig Levein...no need

posted on 14/8/12

I don't care either to be honest. As long as United got our money I couldn't care less where it came from.

posted on 14/8/12

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posted on 14/8/12

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posted on 14/8/12

My maws goat aw her ain teeth, I'll have you know

posted on 14/8/12

Maybe the face painter can be squared up...or the others who went down for £millions.
====

how many faces would you have needed to have paid before racking up a bill of £million

all small creditors were reimbursed via the RFF like the face painter, the florist, Dunfermline, Glencairn crystal etc etc.

posted on 14/8/12

all small creditors were reimbursed

+++

Where did you make that up from

posted on 14/8/12

all small creditors under £1k mark, of which there were 115 were settled or will be settled by the RFF

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