GLASGOW, UNITED KINGDOM - AUGUST 14: (FILE PHOTO) General view of Ibrox stadium prior to the the Clydesdale Bank Scottish Premier League match between Glasgow Rangers and Kilmarnock at Ibrox Stadium on August 14, 2010 in Glasgow, Scotland. Rangers Football Club has lodged a notice of administration in Scotland, as the club awaits a decision over a disputed tax bill. (Photo by Ian MacNicol/Getty Images)

London – Cash-strapped Glasgow giants Rangers will play in the Third Division next season following a vote of Scottish Football League clubs on Friday in a move that could have enormous consequences for the entire future of Scottish football.

Already expelled from the Scottish Premier League (SPL), following the formation of a new company or newco that took place after Rangers entered administration, they were dropped to the lowest league tier of Scottish football following a meeting of Scottish Football League chairmen.

Scottish Football Association chief executive Stewart Regan had said that demoting Rangers to the Third Division would cause financial catastrophe and a “slow, lingering death” of the Scottish game and said they should be dropped to the First Division instead.

But at a news conference after Friday's meeting it was announced that 25 out of the 30 SFL clubs had voted for Rangers to be entered into the Third Division. – Sapa-AFP