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Rangers receive compensation from Dundee United for Telfer

Rangers have been paid a compensation fee by Dundee United for youngster Charlie Telfer.

The 19-year old midfielder moved to Tannadice in July on a three-year deal after spending almost a decade with 'Gers.

The original deal for Telfer was £60,000 plus VAT which was upgraded by Rangers to £100,000 but now the Glasgow club have asked for further compensation after the player was named the SPFL Young Player of the Month recently.

United's payment of £204,000 has been ordered by the SPFL despite the fact the league agreed the Ibrox outfit should only be awarded two years' compensation following their liquidation in 2012.

A Rangers statement read: "The payment awarded, which was significantly higher than Dundee United's final offer, vindicates the club's decision to take the matter to a compensation tribunal.

"Dundee United introduced a late argument stating Rangers should only be awarded compensation for the training and development of Charlie Telfer for 2 years instead of the 10 years that he was with the club.

"They argued the club in its current form has only existed for two years.

"It is disappointing Dundee United tried to pursue this tiresome, legally incorrect and provocative argument given that it has been repeatedly confirmed by the football authorities in Scotland and beyond that administration and liquidation of the companies that owned the club did not break the continuity of the club's history or its record of honours won."

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