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Hibernian to vote against Rangers' newco

Hibernian have revealed that they will vote against allowing Rangers to re-enter the Scottish Premier League as a newco.

The Glasgow club fell into liquidation recently and will reform as 'The Rangers FC' under the ownership of Charles Green but where they will be playing next season is still unclear with a meeting to take place on July 4.

Last night, Hibs held a board meeting where they came to the conclusion that they believe Rangers should not be able to take their place in Scotland's top division because they have affected the integrity of the sport.

"Following a meeting of its board of directors, Hibernian FC confirmed that the club will vote against the transfer of the Rangers share in the SPL to a newco at the general meeting of SPL clubs on 4 July 2012," said a statement on the club's official website.

"This re-affirms the view of the board that the sporting integrity of the SPL is of paramount importance.

"The board is also acutely aware that in making this decision, Hibernian - like other clubs in the SPL - will suffer collateral financial damage at a time of severe economic hardship and uncertainty.

"The board believes it is time for all fair-minded supporters to get behind their clubs and to contribute in whatever way they can to the viability of the professional game in Scotland."

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