SPL clubs set to vote on new financial fair play proposals at Hampden

The Scottish Premier League will vote on new penalties at Hampden.© SNS Group

The Scottish Premier League will vote on a range of new rules designed to ensure financial fair play by its member clubs.

The proposals will be considered at a meeting of all 12 SPL member clubs and could lead to a raft of new rules being introduced at the end of this season.

Most notable among the proposed new rules are plans to set out penalties for "insolvency transfer events", where an insolvent club creates a new company and transfers its SPL share and membership to the new entity.

The SPL rules will also be changed to increase the penalty for a club that enters administration. Rangers were deducted 10 points after appointing Duff and Phelps in February but under the proposed changes a club would be deducted 15 points or one third of the club's total points from the previous season.

As they are already in administration, Rangers would not be subject to the new points penalties for being subject to an insolvency event. If they were still in administration at the start of the 2012/13 season, both the current and new rules stipulate they would start the season minus ten points.

If approved the new regulations could come be imposed from May 14.

The meeting comes just days after Rangers ambassador Sandy Jardine warned other clubs will feel pain if the Ibrox club suffers severe sanctions.

Speaking after a meeting of the Rangers Fans Fighting Fund, Jardine said: "We will wait to see what the SPL and the SFA do with the supposed sanctions and, after that, we as a body will take appropriate action against either the governing bodies or the individual clubs we feel have been detrimental to Rangers Football Club.

"There is nothing off the table, we will wait and see what the SFA and SPL do.

"They might not take any action, which is great. But if they do then we will address these actions in an appropriate manner."

Changes to the current 11-1 voting structure are also set to be discussed at the meeting.

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