Whyte banned as Rangers suffer transfer embargo AFP
GLASGOW — Crisis club Glasgow Rangers suffered a fresh blow Monday when they were hit with a 12-month transfer embargo by the Scottish Football Association, as the SFA issued a lifetime ban to owner Craig Whyte from any involvement in Scottish football.
Rangers were also fined a total of £160,000 ($258,000) while Whyte, previously deemed unfit to hold an official position by the SFA, was handed fines totalling £200,000.
But with Rangers in administration for more than two months and desperate for a new owner, it is the transfer ban which, according to their administrators, threatens to "seriously undermine the club's efforts to rebuild".
Meanwhile the controversial Whyte labelled his punishments a "joke", saying: "Good luck collecting the money."
Administrators Duff and Phelps were called in on February 14 after British tax authorities went to court to seek payment of an unpaid bill of £9 million ($14 million) built up since owner Whyte took charge at Ibrox in May.
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