Third Division Clyde will oppose plans to put the Rangers newco in the Irn-Bru First Division. They believe the league reconstruction proposals, which include merger of the two league bodies and a one-off £1millon payment from the Scottish Premier League to buy the First Division television rights, do not justify amending the rules to admit the Ibrox club.

The document claimed the Scottish game could lose £16million a year if Rangers were relaunched in the Third Division.

A Clyde statement read: "The board believe that any proposals for change should not be rushed, as these have been.

"They also have to be done by consensus and not through threat or inducement, again, as these have been.

"The papers include a proposal to allow a newco to enter the First Division. This is contrary to the rules of the SFL and nothing within the papers justifies this proposal."

They added: "As a club owned by its supporters and recovering from having been on the brink of extinction, the board of Clyde Football Club recognise the damage done to the credibility of Rangers Football Club by its successive owners, and the subsequent impact on staff and supporters. These proposals do nothing to restore that credibility.

"Rebuilding from the bottom can restore the dignity stripped from the club by its former owners."

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