If Stuart McCall's comments in The Sun are representative of the clubs thinking it looks like we'll be voting in a Newco :-
McCall admits Rangers' loss has been Motherwell's gain and he sympathises. He added: "They're going through hell but it does not just have an impact on them — it has an impact on the whole of Scottish football.
"Without Rangers the league would be knackered.
"I know a lot of supporters are saying they should be liquidated and come back as a new club in division three.
"But that would be the end for Scottish football — there certainly wouldn't be any TV deals and the element of competition would vanish because Celtic would walk away with the SPL.
"Financially speaking, Rangers mean a lot to us because of the revenue that comes into the coffers when we play them. The SPL without Rangers is unthinkable and I'm sure lots of clubs would go to the wall without them."