Rangers FC administrators face £28.9m legal action
BDO, a London-based accountancy business, has lodged the claim against Paul Clark and David Whitehouse of Duff & Phelps.
BDO said the administrators failed to help reduce costs and realise additional value from the assets of the club’s trading company.
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Hide AdRangers entered administration in February 2012, with the company’s business and assets sold four months later for around £5.5m to a consortium led by businessman Charles Green.
The legal action was lodged yesterday at the Court of Session in Edinburgh.
In a statement, BDO said questions had arisen regarding the administrators’ strategy which had not been “adequately answered”.
Mr Whitehouse, Duff & Phelps’ managing director, said: “We were surprised to receive notice of proceedings today, one week before expiration of the limitation period, and we are disappointed that this has been leaked to the media.”