'A depressing story'

"I am no Rangers fan but for the sake of Scottish football this is depressing."
Charlie Nicholas Quotes of the week

The Scottish Premier League champions lodged notice that they would go into administration on Monday.

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The famous Ibrox club face an uncertain future and could be hit with a bill in the region of £49million should they lose their dispute with HM Revenue & Customs (HMRC).

"I am not surprised by it," Nicholas told Sky Sports News HD. "I am no Rangers fan but for the sake of Scottish football this is depressing.

"Rangers have this dark cloud hanging over them with potentially £50million in tax being owed.

"Even if they were deducted 25 points they would still be fourth in the Scottish Premier League. It's not so much about the short-term but the long term.

"The fans will probably be suspicious for buying season tickets next season. Can they afford to bring in players? If this club has to go under then where will Scottish football be?

"There is nothing better than when you can focus on proper football with a proper derby, the Rangers v Celtic games, which get promoted all over the world for the right and the wrong reasons and that potentially is now under scrutiny.

"Ultimately how big a mess are Rangers in? Is it just about the tax bill or are there other things?

"I think Craig White (the owner) said last week they are losing £10m a year. So if they are losing that without this tax bill, I think somebody at Rangers has to come back and be honest with the Rangers fans once and for all."

Hit the video at the top of the screen to hear the views of ex-Rangers winger Neil McCann.