Hibs to vote NO to Rangers newco

Last updated : 25 June 2012 By Steve Forbes

Hibs have tonight moved to confirm that they will vote against the Rangers newco gaining entry to the SPL.

The Glasgow club have been through administration and now face liquidation, and losing their SPL place.

They now need an 8-4 vote (including a vote for oldco Rangers) majority to gain re-entry into the SPL, but Hibs are now the 3rd SPL club to officially announce they will be voting "NO".

Dundee United and Hearts have already stated that they will vote against Rangers.

An official statement released on the club website 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

'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.'

Well done Hibernian Football Club.