Raith Rovers FC welcome the decision reached by the independent arbitration panel.
This has been a difficult time for our club and the decision today means we can now draw a line under this affair and move forward.
We would like to place on record our grateful thanks and appreciation to all our supporters who contributed to the various fundraising efforts to offset our substantial legal costs.
Thanks also go to the many football clubs and their supporters throughout the leagues in Scotland for their financial assistance and for the many messages of support.
This has been a costly distraction and we look forward now to focusing on the challenges that lie ahead for the forthcoming season.