An SPL spokesman said: “If an SPL Club is the subject of an Insolvency Event, which would include the appointment of administrators, a ten point deduction would apply immediately to its total points in the League Championship. The club would also be embargoed from registering any new players with the SPL.
“A notice of the intention to appoint administrators alone does not trigger the sporting sanctions – it is the actual appointment of administrators which does.
“If administrators are appointed we will seek an early meeting with them to discuss their plans for Rangers FC.”
The rules of the SPL (A6.8 to A6.20) in relation to insolvency, includes an automatic ten point deduction once the club hits administration and a transfer embargo is imposed also.
Meanwhile Scottish FA chief executive Stewart Regan stated: “We have noted confirmation from Rangers Football Club of their notice of intention to the Court of Session in Edinburgh to appoint administrators.
“We will continue to monitor the situation as it develops and will work with both the Scottish Premier League and the club as required during this difficult time.”
