Rangers bidder Charles Green positive after SFA and SPL talks

Potential Rangers owner Charles Green has described meetings with Scotland's football authorities as "productive".

The man leading the consortium looking to purchase the administration-hit club met the Scottish Football Association and Scottish Premier League at Hampden. 

It came the day after the club's appeal against a transfer ban and fine from the SFA was rejected. 

Green said he and the administrator were still discussing their options in response to the decision. 

But he said nothing to suggest that the SFA sanctions would effect the takeover of the Glasgow club by the 20-strong group from the Far East, Middle East and the UK. 

"When we offered to buy the club, we realised what the potential was," said Green. 

"Last night's announcement was an option we considered when we bought the club. 

"We are discussing all the options available to the club." 

The club, who are subject to an automatic SPL transfer embargo while in administration, could take the case to the Court of Arbitration for Sport or instigate civil action. 

Administrators, whose legal duty is to secure the maximum return for creditors, would struggle to justify spending money on a bid to overturn a sanction that prevents the club spending money on transfers. 

However, the Rangers Fans Fighting Fund paid the SFA appeal costs and could continue the fight. 

Rangers' administrator, Duff & Phelps, had launched an appeal against the 12-month transfer ban and £160,000 fine imposed by an SFA tribunal for bringing the game into disrepute. 

It had hoped to persuade the appeals tribunal that it was unfair to penalise the club for the actions of Craig Whyte, who was banned from Scottish football following the non-payment of nearly £13m-worth of taxes during his tenure. 

However, the appeal was rejected and would have been high on the agenda as former Scottish United chief executive Green held a pre-arranged meeting with both SFA chief executive Stewart Regan and SPL counterpart Neil Doncaster. 

After concluding that Whyte was not a fit and proper person to own a football club following the Scotsman's ill-fated tenure, the football authorities are keen to assess Green's credentials. 

"It's the first time I have met the SFA and the SPL and the meetings went very well," said Green. 

"Clearly, it was important to speak to them and introduce myself. 

"The questions they were asking were the obvious questions - what our intentions are, where we plan to go. 

"We achieved quite a lot. We spoke to members of the SFA's board and executive members of the SPL and I think it has been a very productive afternoon. 

"I think that we are happy that everyone is positive in looking at what is the best for Rangers and for the SPL." 

Rangers face more sanctions from the SPL if they fail to secure a Company Voluntary Arrangement with creditors to exit administration. 

Clubs are due to meet on 30 May to discuss potential sanctions should Rangers form a new company, which Green plans to push through if the CVA is rejected.