MORTON chairman Crawford Rae says the club received over £60,000 compensation from Falkirk over their acquisition of former manager Ray McKinnon and his management team.

McKinnon, his assistant Darren Taylor and sports scientist Graeme Henderson all left the Ton back in August and September to join Falkirk under controversial circumstances.

Morton went to the SPFL over the matter, and in January the Bairns were fined £60,000 by the league body for luring the trio away from the Cappielow club.

Falkirk appealed that fine, with £40,000 of the penalty due immediately, while the rest was suspended for two years.

The Ton later announced they had reached a settlement with the Forth Valley club last month.

At the supporters’ Q and A recently, while Rae said he couldn’t confirm how much the club had received in compensation from Falkirk, he revealed it was higher than the Bairns’ £60,000 fine by the SPFL.

The Ton chief also confirmed the fact Falkirk had appealed the SPFL fine had no impact on the settlement figure they agreed with the Championship club.

He said: “We can’t give the amounts [regarding the settlement]. It was more than the fine, we were happy with the settlement.

“The SPFL fine is a separate issue, they appealed their breach of rules 20 and 21, that’s nothing to do with us and the settlement and we’ve retracted our complaint.”