“I can confirm that the business and certain assets of RFC 2012 PLC – including the honours won by the Club - were acquired by Mr Charles Green’s consortium as part of the sale and purchase agreement.
“The SPL have been in contact with RFC 2012 PLC with regard to the SPL’s Commission which is examining Rangers’ historic use of EBTs. However, having taken legal advice, it is the Joint Administrators’ opinion that the SPL is not able to pursue RFC 2012 PLC in this matter.
“The SPL have stated that the Commission is empowered to review the use of EBTs under the contract between the SPL and its member club. RFC 2012 PLC no longer has a contract with the SPL and therefore the SPL has no jurisdiction over it.
“This has been communicated to the SPL and considering that further involvement in this matter is not in the interests of its creditors, RFC 2012 PLC will have no further involvement with the Commission.
“Our primary role as Administrators was to rescue the business which has been achieved by Charles Green and his consortium and whilst any sanctions the Commission may levy will not affect RFC 2012 PLC this process would not appear to us to be helpful to the ongoing revival of Rangers.”
