Rangers administration: More than £3.3m was owed to other clubs
Over £1m was owed to Scottish clubs, with Hearts the biggest creditor following the sale of Lee Wallace. A sum of £800,000 was outstanding from the £1.5m transfer fee.
Austrian club Rapid Vienna were owed £1.01m, believed to be part of the £4m transfer fee paid for Nikica Jelavic in 2010.
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Hide AdDunfermline were owed £83,370.13 over ticket money, but the debt has been settled by the adminstrators, because there was a risk that an SPL hearing could have led to the deduction of the sum from future prize money due to Rangers.
But Rangers were also owed £3.8m from other football clubs, in respect of deferred transfer fees which fall due over a period of time up to 31 May, 2014. The administrators may now seek to “accelerate receipt of these monies”.
Rangers could also be owed further transfer fees, but these are dependent on former players making a specified number of appearances for their new team, or being sold on.
OWED TO OTHER CLUBS:
Rapid Vienna - £1,011,763
Hearts - £800,000
Manchester City - £328,248
St Etienne - £252,212
Chelsea - £238,345
Palermo - £205,513
Orebro - £150,000
Arsenal - £136,560
Dundee United - £65,981
Celtic - £40,337
Inverness CT - £39,805