By Dailyrecord.co.uk
Rangers receive £1m from sale of Nikica Jelavic.. but warn creditors they're unlikely to get penny from windfall
25 Nov 2013
OLDCO Rangers have received a further £1million from the sale of former star Nikica Jelavic – but creditors won’t see a penny of it.
Joint liquidators BDO wrote to 276 creditors this month informing them of the windfall but warning them they were unlikely to get any of the cash.
The letter said a payment of £995,000 had been received
and they were expecting a further £1.058million in May 2014.
The payments relate to the transfer of striker Jelavic, who left Ibrox for Everton in January 2012 in a deal worth £5million.
Alan Duncan, who worked as the club’s kids’ entertainer and is still owed more than £2000, said: “I haven’t had a single penny of what I am owed.
“The Jelavic money should be used to pay the businesses they owe money to but it’s clear they have no intentions of doing that.
..more at
http://www.dailyrecord.co.uk/sport/football/football-news/rangers-receive-1m-sale-nikica-2849016