SPL delay vote on Rangers newco proposals
Despite having almost a month to discuss the options ahead of the AGM the clubs will get together next Monday to vote on the proposals.
As things stand at the moment any club going into liquidation would lose their SPL membership with a newco unable to join the SFA until they had produced three years of audited accounts.
The new rules would allow the transfer of an SPL share to a newco with a two season points deduction and 75% reduction in commercial income.
An SPL statement read: “At today’s General Meeting of SPL Clubs, discussions on financial fair play proposals were adjourned until Monday 7 May.
“A number of other proposals to amend Rules of the SPL were approved.
“SPL Rules regarding financial disclosure requirements have been strengthened to include the requirement that Clubs have no outstanding sums due to other SPL clubs as at 31 December in any year.
“From next season, pitch protection rules will be introduced to minimise the risk of damage to pitches during pre-match warm-ups, along with media co-operation rules to ensure Clubs co-operate with SPL broadcast partners.”
The votes of Dunfermline and Hibs will be of great interest with the two clubs playing at Easter Road later in the day in a virtual relegation decider.
A win or draw for Hibs should keep them in the top flight but a win for Dunfermline would keep the relegation battle going until the final day of the season.
If a newco is refused entry into the SPL it will ensure that no club is relegated in the event of Rangers going into liquidation with Ross County promoted to retain a top twelve.
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