Coventry seal Fleck deal
The exodus of players from the newco Rangers club has continued with highly-rated youngster John Fleck signing for Coventry although, unlike previous departures, the two sides agreed a financial deal for the transfer.
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The Scotland Under-21 international was one of a number of Ibrox players who had objected to the transfer of their contracts from Rangers to Charles Green's newco.
PFA Scotland believe the wantaway players are free agents and have asked the football authorities to release their registration from Rangers.
Green has vowed to seek compensation from the likes of Everton, Norwich and Stoke, who signed Steven Naismith, Steven Whittaker and Jamie Ness, respectively.
But the newco chief executive revealed npower League One side Coventry had agreed a deal for Fleck and was happy with the outcome.
He said: "Coventry City have acted in exactly the right way in the transfer of John Fleck to ensure that all three parties - both clubs and the player - are satisfied with the deal.
"We wish John and Coventry all the best for the new season."
4. John Fleck
Earlier on Wednesday, Green reacted to media suggestions he would take legal action against Coventry and Fleck.
His statement read: "An inaccurate media report this morning suggests the club is taking legal action against John Fleck over his move to Coventry City.
"Both clubs have in fact reached agreement for the transfer of the player and Coventry have recognised Rangers' rights as part of the process."
Sky Blues boss Andy Thorn spoke upon the confirmation of Fleck's transfer and is happy to have the former Blackpool loanee on board on a three-year deal.
He said: "I am really pleased to get John on board because he is someone I have liked for a while now.
"I have brought a lot of young talent to this football club who have gone on to great things, and I believe that John could be the best of the lot."
The 20-year-old started his career with Rangers and made his debut at the age of 15 before going on to play over 40 times for the club.
The future of newco Rangers remains unclear with Wednesday's SPL vote confirming they will not be accepted into the top flight, while Scottish Football League chiefs still need to decide whether they would accept Green's new club into the Irn-Bru First Division or insert them into the bottom tier.