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Thursday 23rd April 2015

SPFL General Meeting

At today's SPFL general meeting, member clubs approved amendments to rules regarding the insolvency of clubs.

At today's SPFL general meeting, member clubs approved amendments to rules regarding the insolvency of clubs.

Currently, any club suffering an insolvency event is deducted 15 points (unless it is such a club's second insolvency event within five years, in which case the deduction is 25 points).

Today's amendment of SPFL Rules was approved overwhelmingly by clubs and has the following effects:

- Insolvency events that are part of the same insolvency process would be treated as a single deductible insolvency event

- Clubs subject to a deductible insolvency event would have imposed fixed deductions of 15 points immediately, plus a further five points in the immediately following season (unless it is such club's second insolvency event within five years, in which case the immediate points deduction would be 25 points, with a further 15 points deducted in the immediately following season).

Also during the meeting the proposed amendment of Rule C27, regarding a change to the levy on gate receipts for Premiership/Championship play-off matches as proposed by Hibernian, Heart of Midlothian and Motherwell, was voted against by clubs.