Rangers Fc accuse scottish professional football league for favoring Celtic Fc as club launches new legal action

Rangers Fc accuse scottish professional football league for favoring Celtic Fc as club launches new legal action

Rangers Football Club is facing a potentially severe penalty following a recent legal ruling involving a financial firm, Reputation Exchange (REPX). The club has been accused of breaching an agreement related to a customised cash card scheme, which could result in a points deduction.

The issue stems from a deal between Rangers and REPX, a fintech company known for creating branded prepaid cards for football clubs across Europe. REPX alleges that Rangers reneged on an agreement to launch a prepaid cash card designed for fans, a project the firm claims cost them significant time and resources.

According to reports, REPX invested over £500,000 in development, including design work, and suffered losses amounting to £1.5 million when the plan was abandoned by Rangers. The company also claims it paid the club £120,000 as part of the agreement, with further costs of £20,000 attributed to wasted management time.

The case, now filed at the Court of Session in Edinburgh, has taken a contentious turn, with REPX pursuing damages of up to £2 million. Rangers are accusing the SPFL of favoring Celtic, as the club faces a potentially severe penalty.

The timing couldn’t be worse for Rangers, who are currently locked in a tight Scottish Premiership title race. Any deduction could derail their season, handing an advantage to rivals like Celtic and impacting their chances of securing European qualification.

Rangers have remained tight-lipped, with a club spokesperson stating, “As this is a live legal issue, it would be inappropriate to comment.” REPX has also declined to elaborate beyond its legal filings.

The case’s next procedural hearing is scheduled for May 2, 2025, before judge Lord Sandison, leaving ample time for speculation and uncertainty to grow. For Rangers fans, this is a frustrating echo of past financial turmoil.

The club’s history of administration, liquidation, and subsequent climb back to the top flight serves as a stark reminder of how off-field issues can ripple through a season. While the exact penalty remains unclear, the breach ruling has undeniably cast a shadow over Ibrox.

As the legal process unfolds, the SPFL and potentially UEFA will monitor developments closely. Rangers will hope to resolve the matter swiftly and avoid further damage, but for now, the specter of a serious penalty looms large, threatening to undo their hard-fought progress both on and off the pitch.

*Key Takeaways*

– Rangers are facing a potentially severe penalty for breaching an agreement with a financial firm.
– The club is accused of reneging on an agreement to launch a prepaid cash card scheme.
– REPX is pursuing damages of up to £2 million.
– The timing couldn’t be worse for Rangers, who are currently locked in a tight Scottish Premiership title race.
– Rangers are accusing the SPFL of favoring Celtic.