The old firm have admitted defeat in the high stakes poker game with the other ten clubs and this will allow a new voting structure and TV deal with the BBC to be in place for the start of the new season. This will presumably ensure the ten clubs do not have to resign from the SPL.
Today's news is obviously great for the 'Well as it means that much needed TV money will come into our coffers. The old firm will take one third of the twenty four million deal but that leaves sixteen million pounds for the others - which over the two year agreement amounts to a very useful 800k a season.
Fans will have noted a number of mid-week and Sunday games have already been included in the fixture list and it is expected that some of these matches will be shown on the BBC. $ky subscriptions in Scoltand could soon plummet as the Beeb takes control of Scottish games (and shows them free).
The TV money is still not being split equally but it is a compromise that suits the ten more than the two. Also worth celebrating is the new SPL voting structure: the old 11-1 rule is to be replaced by 8-4 which means that the old firm can no longer block proposals on their own.
The news about the TV deal and voting structures were revealed on the Rangers official site, which also broke news of David Murray standing down as chairman. Are the two stories linked?
However, while today can be regarded as a victory for the 'rebel 10', it came about as a result of their promise to quit. The threat worked successfully this time but it should not used to readily in the future. Now that there is a fair and democratic voting structure in place, it is unacceptable to bully two member clubs - even if they are the old firm.