Rangers have claimed to have settled all outstanding debts to Scottish football clubs.
The Third Division side owed money to Celtic and Hearts, a figure totalling just over £500,000.
STV understands Hearts have received £300,000 owed for the transfer of Lee Wallace to Ibrox last summer, which was outstanding since July this year. A further instalment of £500,000 will fall due in July 2013.
Celtic were due £40,337 and Dundee United £65,981. Neither club was available for comment on Monday over whether they had been paid in full.
The Scottish FA were also owed £160,000 in fines but have also not confirmed they have received payment from Rangers.
“As of now, Rangers do not owe other Scottish clubs a penny,” Rangers chief executive Charles Green said in a statement.
“These debts were incurred prior to the club going into administration and there was no obligation on the consortium buying the club to pick them up.
"From the outset, I have made it clear that I firmly believe the correct thing for the club to do is settle these football debts as a priority and we kept our word.
“That is what we have done and substantial funds were lodged with the SFA 10 days ago to be discharged to settle the outstanding debts.
"Furthermore, the Club was given a written commitment from the SPL in May that it would settle an outstanding debt to Dundee Utd.”
As a condition of receiving Rangers’ membership of the Scottish FA, Green’s company had to agree to settle all outstanding debts to other Scottish clubs and teams around Europe still owed money.
GAIS, Orebro, St Etienne, Arsenal, Chelsea, FK Senica, Manchester City, Palermo and Rapid Vienna remain to be paid a combined total of circa £2.5m.
STV understands Green sent cheques to Hampden for the Scottish FA to direct payments to clubs. Green confirmed this was the case but says the governing body requested they contacted their counterparts directly.
“It was frustrating to be informed by the SFA several days after they received the funds that they did not wish to be a ‘clearing house’ and in fact wanted us to settle the debts directly,” he said. “Arrangements were then put in place by the club.”
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