Scottish Football Association chief Stewart Regan believes the decision of Scottish Premier League clubs to deny Rangers the chance to remain in the top flight will have disastrous effects for football in the country.
The reformed newco of Rangers was last night told they would have to apply for the Scottish Football League after 10 SPL clubs voted against their re-entry which is a decision Regan fears will upend the state of the game in Scotland.
"The only solution for the game now is that Rangers come into the Scottish Football League and they come into it in the First Division," he said.
"If Rangers were to go anywhere other than the First Division, then there would something in the region of £15.7million worth of losses to the game.
"For the bigger clubs at the top of the league, that's half their annual distributions. For clubs at the bottom it is basically wiping out their entire distributions, for some of the smaller clubs it's a huge proportion of their annual turnover.
"Even if Rangers end up in the First Division, there is still going to be a £5million loss of income to the SPL clubs.
"The game is not sustainable so there would be a slow lingering death for the game in Scotland.
"It would then trickle down to the SFL. From our perspective as the governing body, we cannot allow that to happen."