Rangers manager Ally McCoist has been handed a suspended three-match touchline ban for comments made about the Scottish Football Association judicial panel.
McCoist was found guilty of two of three charges by an SFA fast track tribunal on Thursday but his punishment was suspended for 12 months.
Rangers chief executive Charles Green escaped with a censure for comments he made in the media claiming "bigotry" was one of the reasons his newco club were denied entry to the SPL.
McCoist was found guilty of bringing the game into disrepute and not acting in the best interests of football for questioning the independence of the panel that handed Rangers a 12-month transfer embargo in April, before they were consigned to liquidation.
A third charge relating to his demands that the three-man panel's identities were made public was dismissed.
Rangers were censured for Green's comments, made before his newco club made their first appearance on the pitch, in a Ramsdens Cup clash in Brechin last month, since being denied entry to the SPL and voted into the Irn-Bru Third Division.
Mr Green responded to the verdict, saying: "The decision of the judicial panel was disappointing as they accepted there was no intention on my part to bring the game into disrepute and this is reflected in the sanction imposed.
“I explained to the SFA previously and have said publicly what I meant by my remarks and it is time to move on."
Ally McCoist added: "I can assure everyone that at no time did I intend to bring the game into disrepute when I made my feelings known about the decision by a judicial panel, set up under the auspices of the SFA, to impose a transfer embargo on Rangers.
"I felt the decision was wrong and my concern was that everyone must have full confidence in a system that has the capacity to impose such severe sanctions.
"I wanted full transparency on a decision which had far-reaching implications for our club.
"At no time did I wish any individual subjected to intimidation as a result of my comments and I am pleased that this aspect of the complaint was dismissed by the judicial panel today."