So that's Rangers been dumped down to the 3rd division. Should have paid their tax bill the shower of
That's the common misconception. They've not been demoted to anywhere - the club that has been granted entry to the third division is a different company to Rangers, which are in the process of going into liquidation, and they've yet to actually be punished at all (if indeed they will be at any point). The company that has bought Rangers assets (sevco) originally applied for membership of the SPL, which was denied; they then applied for membership of the SFL, and the debate was whether their entry point to the SFL would a) be accepted and if so, b) at what level - 1st division or 3rd division.
So no demotion and it's not a punishment in any sense whatsoever, Rangers FC PLC simply cease to exist - Sevco (to be known as 'the' Rangers), a new company applied through the various league bodies and were only granted entry at the bottom rung.
Any potential punishment for the new company based on the misdeeds of the old one is yet to be decided.
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