Black Friday ahead for Rangers: Ibrox side will learn their fate on July 13th

On Wednesday, their SPL counterparts voted “overwhelmingly” to reject the Rangers newco from the league, however it’s a double whammy ahead for the Glasgow giants as the club are now hoping to be admitted to the First Division rather than being sent into the third and final tier of Scottish football.

If Rangers are not admitted into the First Division the Scottish Football Association has warned the financial and social repercussions could be severe.

SFL chief executive David Longmuir confirmed the date when the Rangers issue will be settled after a board meeting at Hampden.

Longmuir said in a statement: “Scottish Football League clubs are, over the next few days, being asked to make a crucial decision as to whether we are in a position to accommodate Rangers into the SFL. I can confirm that, at this point, no decision has been taken by the board of the SFL or by any of our clubs.

“The time has come for all outside influences and pressures to stop. This is our national game and part of our culture so I ask all other bodies to leave it to those who have been put in this invidious position to make a decision in the best possible interests of our game.

“I have every faith in the judgement of those clubs and their Boards to make a considered and reasoned decision which will be in the best interests of the game, how it is structured, how it is governed and how it is financed.

“A specially convened meeting of all clubs is planned for Friday, 13th July, 2012.”