A decision has been reached by a Scottish FA Tribunal after Mike Ashley appealed, following being found guilty on a charge of dual interest/ownership at both Newcastle United and Rangers.
Many people finding it amusing that when found guilty back in March 2015, multi-billionaire Mike Ashley was fined £7,500 by the Scottish FA.
The outcome of the Newcastle United owner and major Rangers shareholder’s appeal?
His appeal has ‘succeeded’ in reducing the fine from £7,500 to £1,000, but in terms of guilt, Mike Ashley’s appeal was rejected.
Though the Scottish FA Tribunal did acknowledge that the ‘appropriate sanction to be at the entry point for top-end breaches’, thus reducing the fine.
It appears that Mike Ashley has won a very hollow victory.
That type of money is of course meaningless to him, what of course he was after was having the charge of dual interest/ownership dismissed on appeal.
Any fine was always irrelevant and what is important is that having being found guilty on the dual interest/ownership charge, the Tribunal decision prevents him making any further moves in terms of influence/ownership at Rangers.
Tthe repercussions could be far more significant if Mike Ashley was seen to be showing contempt for the authorities’ decision, after being found guilty in March of overstepping the mark in his involvement at Rangers as well as Newcastle.
Official Statement from Scottish FA
Notes of Reasons – Michael Ashley
Thursday, 18 June 2015
The Judicial Panel and Appellete Tribunals have today published their respective Notes of Reasons in respect of the original Notice of Complaint against Michael Ashley, the determination and the subsequent appeal.
Alleged Party in breach – Michael Ashley
Disciplinary rule allegedly breached –
Disciplinary Rule 19: Except with the prior written consent of the Board: (a) no club or nominee of a club; and (b) no person, whether absolutely or as a trustee, either alone or in conjunction with one or more associates or solely through an associate or associates (even where such person has no formal interest), who: (i) is a member of a club; or (ii) is involved in any capacity whatsoever in the management or administration of a club, or (iii) has any power whatsoever to influence the management or administration or a club, may at the same time either directly or indirectly:- (a) be a member of another club; or (b) be involved in any capacity whatsoever in the management or administration of another club; or (c) have any power whatsoever to influence the management or administration of another club.
Outcome – Mr Ashley was found in breach of Rule 19 and a fine of £7500 was imposed.
The Appeal was rejected. However, having regard to all the circumstances, the Tribunal consider the appropriate sanction to be at the entry point for top-end breaches and impose a fine of £1000.