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SPL CHIEF YES TO NEWCO.

SCOTTISH Premier League chief executive Neil Doncaster confirmed a new Rangers company could acquire the club's share in the league if they went into liquidation and ceased to exist in their current entity.

The transfer would be subject to approval from the SPL board, which currently comprises of Doncaster, chairman Ralph Topping, Eric Riley of Celtic, Dundee United chairman Stephen Thompson, Motherwell director Derek Weir and St Johnstone chairman Steven Brown.

Doncaster, below, refused to speculate on whether sanctions would be imposed on a new Rangers.

However, a new Rangers would be unable to play in European competition for the first three years under UEFA rules.

Doncaster said: "The SPL stands on its rule book. That's the only way to approach this, there is so much emotion around these judgments.

"The clubs set the rules and the job of the board is to apply the rules without fear or favour."

CAPTION(S):

SPL BOARD Eric Riley
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Title Annotation:Sport
Publication:The Mirror (London, England)
Geographic Code:4EUUK
Date:Mar 7, 2012
Words:156
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