Peter Schottel, the Rapid Vienna manager, believes his own club will face financial difficulties when Rangers default on the £900,000 payment due to the Austrian club for the £4m transfer of Nikica Jelavic two years ago.
Jelavic was sold to Everton at a profit of over £1m in the last transfer window, but with liquidation looming, there appears no hope of Rapid receiving the money they are due next month.
The Austrian club will seek help in recovering the money from FIFA.
He said: "It is a problem for the club if we don't get the money, so that is something the club will have to deal with.
"It is unfair to sign a player from another club then not pay the transfer fee. It means that one club with problems is causing problems at another."
Schottel, whose team beat Dundee United 3-0 in a pre-season friendly on Wednesday, has been observing the fall-out from the collapse of Rangers.
He said: "I have watched the situation at Rangers and it is a shame such a great club has so many problems. It is not good for Scottish football or the Scottish people because they need a strong league."
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