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Rangers have allies in SPL

As much as the SPL clubs want to play by the rules, it is the commercial effect on a league without Rangers that does not work given the support for the club.

Michael Johnston, Kilmarnock chairman believes commercial concerns will prevail over principles of sporting integrity when SPL clubs vote on financial fair play proposals delayed until 30th May.

Rangers, whose prospective owner Bill Miller is keen on a transfer of assets to a new company, did not attend the meeting scheduled for Monday but asked for the adjournment.

Rangers' administrators Duff & Phelps have given Miller preferred bidder status to take control of the Ibrox club and he plans to separate the clubs assets, including their share in the SPL, players and premises, to an 'incubator' company from the debts of the existing business.

This structure would require approval from the SPL board, which comprises chief executive Neil Doncaster, secretary Ralph Topping, Celtic director Eric Riley, Dundee United chairman Stephen Thompson, St Johnstone chairman Steve Brown and Motherwell director Derek Weir.

Rangers' prospective American owner hopes the club would then not fall foul of new penalties for clubs in administration which could see them docked 10 points for two seasons and 75 per cent of their SPL income for three years.

SM

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