While Rangers' administrators are still looking at the numbers of staff they may have to release, Duff and Phelps have reportedly come to an agreement with Dunfermline to meet Rangers debt to the Fife club in full. The Pars could not pay their full-time staff their full wages for February due to Rangers' inability to pay an £85,000 debt. The money was owed for tickets sold for the Rangers' game at East End Park on 11 February 11. There are some details to be clarified of when the money will be paid but Dunfermline chairman John Yorkston had already been confident of paying the players in full within 10 days. Yorkston is at Hampden today with representatives of the other 11 SPL clubs as they discuss rules on financial fair play. The development came after Rangers players reported at their Murray Park training complex ahead of anticipated news on their futures. Administrators Duff and Phelps are due to make their final decision on how the club achieve £1million monthly savings today. They continued discussions with manager Ally McCoist and PFA Scotland over the weekend after rejecting the union's offer of "significant" wage deferrals until the end of the season. Joint administrator David Whitehouse said on Saturday that such an offer was unacceptable as they had to lower costs to make the club attractive to potential buyers, who have been set a deadline of 16 March to make first indicative bids. However, one of the interested parties, former director Paul Murray, suggests that the club is more a viable going concern to potential buyers if the squad remains intact. Murray, who hopes to form a consortium to take control of the club from Craig Whyte, said he did not know how the administrators had reached their savings target, which they have stated as £4.5million until the end of the season. he said: Murray: "But if I'm given a choice of plugging that gap by the deferrals the players are offering or by cuts then I would choose deferrals. If we are looking at replacing another eight, nine or 10 players we could be looking at a need to come up with an extra £20-30million. But the deferral number needed to plug the gap is £4.3million. It seems obvious what is in the best interests of the club." While players arrived at Murray Park along with coaches Kenny McDowall and Ian Durrant, there was no sign of McCoist or joint administrators Whitehouse and Paul Clark going through the main gate. However, PFA Scotland chief executive Fraser Wishart arrived at the Milngavie complex just after noon.
Source: FOOTYMAD
