Scottish Football League, rule 23. Members’ Financial Records, “All Members and Associate Members shall keep detailed financial records of their activities and the board may arrange an inspection of all such records”.
In the absence of audited accounts for a new club, the board of the SFL are in a unique position to examine the financial records of The Rangers to ensure its leadership is not running amok with the Scottish game, in the same way previous incumbents of Ibrox did.
Or, a few months after Craig Whyte crashed a football club after telling everyone he had enough money to complete the season, will the football authorities look the other way? Again?