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Scottish football was plunged deeper into crisis on Tuesday when 10 non-Old Firm clubs announced that they are to resign from the nation's top league.
It means that Celtic and Rangers will be the only clubs left in the Scottish Premier League after a notice period of two seasons.
The dramatic news was announced at a media conference held by the 10 and followed a two-hour meeting between all the clubs at Hampden Park.
As yet Celtic and Rangers have not given their reaction to the events, which follow last week's blocking by them of plans for the league's own subscription-based television channel.
Celtic chief executive Ian McLeod and Rangers vice-chairman John McClelland had arrived together and said that they had no fresh proposals that might solve the impasse and acrimony between themselves and the other 10 clubs.
The two Glasgow clubs withdrew their support from the proposed league-owned, pay-per-view television channel at the eleventh hour, deeming the venture too much of a risk.
McLeod had said on entering the meeting: "Let's hope that common sense is going to prevail.
"We are going to look at a vision for Scottish football and we want to play an active part in that.
"There is no additional agenda and there is no additional deal on the table.
"We voted against the resolution last week because we didn't think it was financially viable.
"There are other resolutions on the table today and we want to take a constructive view of that in court."
McClelland said: "We are standing side by side.
"The dialogue today will hopefully be concluded with some plan to go forward."
Their decision had left the Scottish top flight without a pay TV deal for next season and the other 10 clubs now face an uncertain financial future.
The 10 other SPL clubs have voiced suspicions that the Glasgow giants have a hidden agenda, including a change in the rules to allow clubs to negotiate separate television deals and, in the longer term, quitting Scottish football to play in England.
Last week, Uefa chief executive Gerhard Aigner immediately dismissed the idea of the Old Firm jumping the border.
However, the Old Firm's stance over the SPL TV deal has driven a considerable wedge between them and the rest of the league.
Dunfermline Athletic chairman John Yorkston had been particularly vociferous about the possibility of the other clubs resigning and a BBC Five Live survey has revealed that fans of the other clubs in the SPL think they would be better off without the Old Firm.
"The best advice we have is we can do it and if that is a route we have to go down then it is one we will," said Yorkston.
Ibrox chairman David Murray broke the Old Firm's silence at the weekend when he admitted that it was the SPL as a whole who got it wrong when they snubbed an earlier offer from broadcasters BSkyB, reportedly worth £45m over four years.
Obviously calling the Old Firms bluff here, what will happen now?
It means that Celtic and Rangers will be the only clubs left in the Scottish Premier League after a notice period of two seasons.
The dramatic news was announced at a media conference held by the 10 and followed a two-hour meeting between all the clubs at Hampden Park.
As yet Celtic and Rangers have not given their reaction to the events, which follow last week's blocking by them of plans for the league's own subscription-based television channel.
Celtic chief executive Ian McLeod and Rangers vice-chairman John McClelland had arrived together and said that they had no fresh proposals that might solve the impasse and acrimony between themselves and the other 10 clubs.
The two Glasgow clubs withdrew their support from the proposed league-owned, pay-per-view television channel at the eleventh hour, deeming the venture too much of a risk.
McLeod had said on entering the meeting: "Let's hope that common sense is going to prevail.
"We are going to look at a vision for Scottish football and we want to play an active part in that.
"There is no additional agenda and there is no additional deal on the table.
"We voted against the resolution last week because we didn't think it was financially viable.
"There are other resolutions on the table today and we want to take a constructive view of that in court."
McClelland said: "We are standing side by side.
"The dialogue today will hopefully be concluded with some plan to go forward."
Their decision had left the Scottish top flight without a pay TV deal for next season and the other 10 clubs now face an uncertain financial future.
The 10 other SPL clubs have voiced suspicions that the Glasgow giants have a hidden agenda, including a change in the rules to allow clubs to negotiate separate television deals and, in the longer term, quitting Scottish football to play in England.
Last week, Uefa chief executive Gerhard Aigner immediately dismissed the idea of the Old Firm jumping the border.
However, the Old Firm's stance over the SPL TV deal has driven a considerable wedge between them and the rest of the league.
Dunfermline Athletic chairman John Yorkston had been particularly vociferous about the possibility of the other clubs resigning and a BBC Five Live survey has revealed that fans of the other clubs in the SPL think they would be better off without the Old Firm.
"The best advice we have is we can do it and if that is a route we have to go down then it is one we will," said Yorkston.
Ibrox chairman David Murray broke the Old Firm's silence at the weekend when he admitted that it was the SPL as a whole who got it wrong when they snubbed an earlier offer from broadcasters BSkyB, reportedly worth £45m over four years.
Obviously calling the Old Firms bluff here, what will happen now?