SPL clubs delay financial fair talks
All 12 Scottish Premier League clubs have agreed to postpone talks over financial fair play proposals until next Monday.
Discussions over whether to introduce tough new rules for clubs who go into administration or face the prospect of liquidation were set to take place at Monday's general meeting at Hampden.
However, at a time when administration-hit Rangers are attempting to find a new buyer, the top-flight clubs unanimously agreed to delay talks until May 7.
A statement from the SPL confirmed: "At today's general meeting of SPL clubs, discussions on financial fair play proposals were adjourned until Monday May 7.
"A number of other proposals to amends rules of the SPL were approved.
"SPL rules regarding financial disclosure requirements have been strengthened to include the requirement that clubs have no outstanding sums due to other SPL clubs as at December 31 in any year.
"From next season, pitch protection rules will be introduced to minimise the risk of damage to pitches during pre-match warm-ups, along with media co-operation rules to ensure clubs co-operate with SPL broadcast partners.''
If passed, the new rules would see clubs docked the greater of 15 points or a third of their SPL points in the preceding season for going into administration. The current punishment is a ten point deduction, which was suffered by Rangers when they called in the administrators in February.
Clubs who go into liquidation and re-enter the SPL as a 'newco' would be docked ten points for two seasons and see their league payments slashed by 75% for three seasons.
The proposals also state that clubs must pay their players on time and clubs must report to the SPL any failure to make payments to HMRC in respect of PAYE and NIC.
Speaking after the adjournment, SPL chief executive Neil Doncaster said: "Clubs felt that this was a sensitive time within Scottish football and that it was important to allow a little bit of time to elapse to allow more clarity to come forward and to do nothing at the moment that may prejudice any decisions that are going on in the background.
"We will be meeting again next Monday and all 12 clubs agreed with the proposal to adjourn the decision at this stage.''