SPL Postpone Financial Fair Play Ruling

By Community | May 1, 2012

Scottish Premier League clubs agreed to postpone talks over financial fair play proposals until next Monday.

Discussions over whether to introduce tough new rules for clubs which go into administration or face the prospect of liquidation were set to take place at a general meeting at Hampden.

But at a time when administration-hit Rangers are attempting to find a new buyer, the clubs agreed to delay talks.

The SPL confirmed: “At today’s general meeting of SPL clubs, discussions on financial fair play proposals were adjourned until Monday May 7.”

Sale Sharks owner Brian Kennedy and the Blue Knights confirmed on Monday they have submitted a revised bid for Rangers, with US tycoon Bill Miller also in the running for a takeover.