Ibrox Latest:Rangers challenges the points and goal deduction to the SPFL.

In the short term from a sports perspective, the immediate punishment is adequate for Rangers players and supporters.

The team is currently 14 points behind leaders Celtic with just 12 games remaining in the season.

putting an end to their aspirations to win the SPL a record-tying fourth time.

and the game is still in their hands. This manager, Ally McCoist,

and maintaining that second-place finish will be his team’s main goal moving forward,

which will allow them to advance to the following year’s Champions League qualifying rounds.

However, regardless of their placement in the top tier,

Competing in Europe is crucial to Rangers’ ability to maintain their financial stability.

is at risk. In order to get from the SFA the required Uefa club licence for the forthcoming season,

By March 31, the Ibrox club has to turn over its audited financial statements and come out of administration.

If the administration does not proceed as quickly and effectively as owner Craig Whyte has expressed his desire,

Rangers might go bankrupt, which would further jeopardize Scottish football.

A major decision would need to be made by the SPL if the current Rangers Football Club was to be

dissolved and Whyte reorganized them under a new name in order to get rid of all of their debts.

The six-member SPL board, which is led by CEO Neil Doncaster, would make that decision.

head of the Director of Celtic Ralph Topping St Johnstone chairman Eric Riley Derek Weir of Motherwell, vice-chairman Steven Brown,

and Dundee United chairman Stephen Thompson, to determine if the 12-club membership of the original Rangers would immediately transfer to the “new” Rangers.

The event’s morality begs important concerns.

especially considering that Gretna was forcibly demoted to the Third Division of the Scottish Football League during their administration and shortly before their bankruptcy in 2008.

However, any intention to guarantee Rangers get just punishment for their mishandling of finances will be

tempering it with an understanding of the harm their exclusion from the SPL would have to the organization’s general success.

Earlier in the season, Doncaster verified that the recently agreed-upon £80 million television contract with Sky

The broadcaster’s ability to show four Old Firm matches each season is essential to sports.

Rangers and Celtic’s presence is also necessary for other SPL commercial agreements.

The worth of the league, which is looking for a new title sponsor for the upcoming season to take the position of departing supporters Clydesdale Bank,

would suffer commercially in the absence of the Ibrox club.

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