[TheWorthinGer]

Is it not the case that its a place on the football club lts board that is the remit of the SFA and King and Murray can sit on the International Plc board?

Certainly that is what is indicated in the stock exchange statement:

"The Board has also had legal advice that the "fit and proper" person requirement of article 10 of the Scottish Football Association's articles of association would be likely to preclude both Paul Murray and David King from becoming a director of The Rangers Football Club Ltd (were they to seek to be elected to the board of that company)"

This issue appears to be a bit of a red herring as its the Plc board who conduct all of the actual business, make the decisions etc.

I would imagine that the structure now in place suits King and Murray quite nicely as they can call the shots with out the need to sit on the board of the Club Ltd.

I would also imagine that answers re suitability can't/won't be answered now because the regulatory authorities - be they footballing or financial - don't want to be dealing with the hypothetical. Which seems fair enough. Rangers have been hypothetically tried and punished on a number of occasions in the past few years with all of the "judgements" turning out be tripe.

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Larry. Technically, since he reached a settlement c.£40m, its late payment of taxes he was fined for.

And no criminal offence was committed. Even if the media like to say it was. From what I can make out its either a civil offence - like speeding - or a 'misdemeanor' as designated in places like the USA: below the level of criminal intent.