In a statement published on the Hibs official website tonight, it read: “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. This re-affirms the view of the Board that the sporting integrity of the SPL is of paramount importance.”
Despite the risk of losing money, the Hibernian board believe that sporting integrity comes before financial gain, they added: “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.”
With three clubs already officially announcing which way they will vote it takes just one more vote against the Rangers newco entry into the SPL to block to move and consign the Ibrox side to applying for a place in the Scottish Football League. St.Johnstone, Motherwell, Aberdeen and St.Mirren are all thought to be heading in the direction of a vote against the newco also.