THE SFA have told Rangers that the ruling body won’t be launching a further enquiry into last year’s takeover of the club by the consortium fronted by Charles Green.
Revelations of taped conversations between discredited former owner Craig Whyte with Green and business partner Imran Ahmad prompted then chairman Malcolm Murray to commission an independent investigation of that buy-out by law firm Pinsent Mason.
Although their report cleared Green (who stood down as chief executive in April) and Ahmad (removed as finance director at Ibrox the same month) SFA CEO Stewart Regan claimed in May that they may launch their own investigation. “We have asked a number of specific questions relating to what went on in the period leading up to liquidation and the period surrounding the transfer of membership,” he said. “There are some very specific questions we have asked that require some very specific answers. If we don’t get those answers, we reserve the right to further investigation.
“The nature of the questions we have asked relate to the links between Green, Ahmad and Whyte, the details surrounding money that was lodged in Ahmad’s mother’s bank account and various conversations that allegedly took place.”
However, it emerged last night that the SFA have decided that there is no case for Green and Ahmad to answer. On the basis of the evidence they have seen from the Pinsent Mason findings, they have ruled that there is no requirement for the issue to be referred to compliance officer Vincent Lunny.