Rangers reach agreement on Pars debt

Rangers reach agreement on Pars debt

PA Sport
Published 05/03/2012 12:45 by PA Sport, read by 211 people.

Rangers' administrators have come to an agreement with Dunfermline to meet their debt to the Fife club in full, Press Association Sport understands.

Dunfermline were last week unable to pay their players their full wages after a cashflow problem sparked by Rangers' inability to pay an £85,000 debt.

The money was owed for tickets sold for Rangers' Clydesdale Bank Premier League clash at East End Park on February 11, three days before the Ibrox club went into administration. It is unclear when the debt will be settled but Dunfermline chairman John Yorkston had already been confident of paying the players in full this week.

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