The Scottish Premier League clubs are to vote on stronger sanctions against it's club going into 'insolvency events'.
Current rules are lax compared to those imposed on English sides, but their proposals would be even harsher - slashing payments from TV money, barring European entry, and extending points deductions into multiple seasons.
The proposals, which need to be passed by eight of the twelve member clubs, include increasing the penalty for an 'insolvency event' from 10 to a minimum of 15 points, or a third of the club's previous season's points total, and 10 points for each of two subsequent seasons. Rangers' deduction for this season would have been 31 points under the new rules instead of the current 10 point cut, and they could also face deductions for the next two seasons.
There are also proposals to match England in monthly reporting of HMRC payments, with defaults leading to transfer embargoes, however a proposal to slash by 75% the TV revenue to a bankrupt club is unlikely to go ahead. That proposal requires 11 of the 12 participating clubs to back the motion - an unlikely scenario with Rangers and Celtic usually voting in the same direction.
If similar proposals were adopted in England Port Vale would be locked in the current League Two relegation battle on just 40 points, and Plymouth would have just 34 points.