Rangers FC loaned £3m by ‘bent’ company

Bosses at a doomed investment company misled the Stock Exchange after lending £3m to Rangers FC as the club headed towards liquidation, a court heard. Executives at Worthington Group PLC, including former CEO Douglas Ware, 73, allegedly made false statments to massively inflate the company’s stock in 2013. Ware, along with media adviser Allan Biggar, 61, and former non-executive director Richard Spurway, 70, deny two charges of fraudulent trading. Former director Aidan Earley, 55, had been charged with involvement by…

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