Rangers settle over alleged debt

RANGERS have settled their legal action over an alleged unpaid debt with a legal firm.

Edinburgh-based Fyfe Ireland solicitors were pursuing the Glasgow club for an undisclosed sum of less than £3,000.

The case was due to call at the small claims court at Edinburgh Sheriff Court yesterday morning. However, the hearing was settled before lawyers for both sides appeared in the city centre legal complex.

A clerk told reporters that the case wouldn’t be called as both sides no longer wanted to pursue or defend the claim.

The news comes as Rangers owner Craig Whyte awaits the outcome of a £49 million tax fight with HMRC.

Earlier this month, Rangers agreed to an out-of-court settlement with pension advice firm Capita Trustees, which had been suing over an unpaid bill.

In September 2011, Glasgow law firm Levy & McRae went to the Court of Session in Edinburgh over an unpaid legal bill.

Rangers paid them £35,000 after the court heard how there was a “real concern” about the state of the Ibrox club’s finances.

And former board members Donald McIntyre and Martin Bain took the club to court to freeze £780,000 of assets ahead of damages claims.