Rangers cop transfer ban, owner Whyte banned for life
Updated at 6:10 pm on 24 April 2012
The Scottish club Glasgow Rangers has suffered a fresh blow, hit with a 12-month transfer embargo by the Scottish Football Association while owner Craig Whyte was issued with a lifetime ban from any involvement in Scottish football.
The transfer ban threatens to cause yet more delay to any possible sale of the club, which has been in administration for more than two months and is desperate for a new owner.
Rangers were also fined a total of more than a quarter of a million dollars. Whyte, who had already been deemed unfit to hold an official position by the SFA, was handed fines totalling more than $300,000.
The 140-year-old club is awaiting the outcome of a tax tribunal case that could cost them an even larger sum, an astronomical bill totalling 75 million pounds, or almost $150 million.
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