Personally I thought the board was right to wait, before confirming their stance. However it's put, it's a clear no to any "newco" joining the first division.
No matter what your position on this fiasco, i think everyone is pretty much in agreement that scottish football needs re-organised/ re-structured.
I think that everyone also recognises that Rangers' actions will have a negative impact on finances across all of the divisions, especially in the SPL, but may have further reaching consequences in terms of sponsorship for the game as a whole.
Whether we like it or not, currently it's the SFA who make the rules governing Scottish Football in general, and therefore I agree that it's entirely up to them to sort this out.
Whether they do or not, or are capable of doing it, is another matter - and that's maybe more what the club's statement is alluding to, rather than any passing of the buck thats been suggested.
I think we're looking at the biggest fundamental shift we've ever had in the balance of power in Scottish Football here - and it's therefore an opportunity to force change for the good of the whole game.
I just really really hope we can take it and come out the other side with a structure and set-up that's fair & equitable and rewards who work within the system - however tough it is for the next few years.