Rangers: SPL application rejected

The clubs voted on Wednesday morning and Charles Green's newco failed to secure the majority of eight to four needed to allow their entry into the SPL.

The SPL announced the news in a brief statement after more than five hours of talks at Hampden on Wednesday.

SPL chief executive Neil Doncaster earlier hinted the vote could be deferred amid fears over the financial consequences of the Ibrox club starting their new life in the Third Division, but clubs carried through their vow to deny Charles Green's bid.

An SPL statement read: "At today's General Meeting, SPL clubs today voted overwhelmingly to reject the application from Rangers newco to join the SPL."