Rangers steadfast in face of Orlit claim

Rangers chief executive Charles Green
Rangers chief executive Charles Green

Rangers have vowed to “vigorously defend” any claim from finance firm Orlit after confirming they have been in dispute with the Singapore-based company.

Rangers on Wednesday night issued a brief statement saying they had agreed a deal with Orlit over an “insignificant” debt.

The statement was in response to reports claiming the firm could seek a winding-up petition over a £400,000 bill for services relating to investments made when Charles Green’s company bought the oldco Rangers’ assets and business last June.

Amid ongoing reports that Orlit were still looking into seeking a court order, Rangers repeated their claim that a deal had been agreed, but not completed, although they added that they were still being “harassed”.

In a lengthy statement on their official website, which hit out at the reporting of the issue, the club said: “Rangers have been disputing a payment to a foreign company, Orlit, although it should be stressed we have never said there is no bill to be met.

“What we have said and what we are telling our supporters is that not all of the invoices submitted with regard to this bill are legitimate.

“Clearly there has been a lack of understanding within the media about this when all we have done is refuse to be forced into paying sums we do not owe. It is as simple as that.

“Who on earth would pay out when faced with a spurious request for money?

“No matter what anyone else says, Rangers have agreed a figure to settle this issue and it is a figure which, as we have already tried to explain, is significantly less than the initial demand.

“Only the wording, which would put this matter to rest once and for all, has still to be signed off.”