Tonight Sevco accepted all outstanding penalties attributable to the SFA membership of soon-to-be-liquidated Rangers. They also agreed that if Rangers are found to have cheated for over a decade by illegally registering players that they will be subject to whatever penalties Rangers would be due, in order to acquire Rangers SFA membership.
Only a week ago Ally McCoist insisted he would not be party to such a deal, it remains to be seen if that they were empty words.
The Scottish Premier League will now continue with its inquiry into the alleged dual-contracts Rangers operated during the Sir David Murray era. I confidently predict the findings will reveal Rangers did not operate within the same rules as every other club, since at least the last century. The former club will be stripped of all league titles and cups. Celtic will be awarded league titles for 2003, 2005, 2009, 2010 and 2011, creating a new Scottish record of 12 consecutive league championship wins.
Sevco will be liable for any punishment due for these years of operating with shadow contracts, the likely severity of which will reflect the enormity of the offence.
Should the First Tier Tribunal find that Rangers evaded paying up to £75m of social taxes, which is explicitly against Fifa and SFA rules, the SFA disciplinary tribunal will punish Sevco, the successor club now due to inherit Rangers SFA membership.
If you are on the receiving end of this, the future will appear daunting. If you stood at Rugby Park, Fir Park, Celtic Park, St Mirren Park or Caledonian Stadium, when Celtic effectively or actually ‘lost’ league titles while observing the rules, the cumulative effects of punishments on a rival are meaningless, you will want trophies awarded to those who were prepared to endure defeat while observing the rules.
One day soon the world will know, you were not paranoid after all!