The SPL are making noises that they will not just roll over if a 'newco' Rangers apply for membership

Rangers should not expect any special treatment from the SPL if they apply to joining the top flight as a newco according to chief executive Neil Doncaster. Leader of the consortium who are the prospective new owner, Charles Green, is keen for the club to exit administration via a Company Voluntary Arrangement (CVA). This could be knocked on the head if the creditors do not accept the terms offered under the CVA. That would result in the Green consortium being forced down a newco route instead. Doncaster was quoted as saying: "We will continue to deal with clubs equally under the rules. Our job is to apply those rules, without fear or favour to every single one of the 12 member clubs. That's what we will do. It's our job to explain that what we are doing is treating people equally. If everyone understands that, then what will be the reason to be aggrieved about the outcome? Every club will be treated exactly the same. I can't get into 'special cases'. Our job is to apply the rules fairly and evenly to every SPL club."
 
There is still an ongoing investigation on the alleged use of 'double contracts' at Ibrox but Doncaster says no verdict is expected soon. He added: "It will take some time and, ultimately, it's being done by our lawyers. How long will it take? How long has the HMRC case taken? These things take as long as they take."
 
Green told representatives of Rangers fans' groups on Thursday night that investors have already committed £20million to the consortium. However, after being reassured by Craig Whyte that he had money behind him, supporters are concerned by the former Sheffield United chief executive's unwillingness to name others involved in the takeover. Rangers Supporters Trust chairman Mark Dingwall said: "We need clarity on who potentially are going to be owners of our football club and he was not able to give us names. He said the people involved want confidentiality at the moment. He told us that five or six have committed financially to the group and 20-odd are considering doing so but no names. He said the administrators have seen proof they have a bank account with £20million deposited. We will have to wait and see how it develops but the fact he could not be transparent about the identity of his group remains concerning."