The latest bad news to come out of Rangers is that owner, Craig Whyte is under investigation by the SFA after it was confirmed that he has served a seven-year ban from being a company director.
The Gers released a statement on Wednesday claiming that the club was fully willing to cooperate with the SFA. Chief Executive Stewart Regan said
"The Scottish FA has noted the Rangers FC statement to the stock exchange regarding the club's owner Craig Whyte.
"We await disclosure of key information before we can make any further comment."
While in charge at Vital UK Ltd, Whyte was disqualified from 2000 to 2007 and when asked whether it was a club’s duty to check such matters when a new owner arrives, Regan added
"Every club in Scotland supplies an official return and by supplying that official return they are effectively signing up to the articles of the Scottish FA.
"The rules and regulations are laid out very clearly as to what is and what isn't allowed as far as company directors are concerned.
Clearly a breach of rules carries penalties if proved.