Clubs finishing in the upper echelons of any SPL2 would receive income closer to those in the bottom reaches of the top flight, while the Second and Third Divisions could be regionalised.

BBC: Rangers manager Walter Smith dismisses play-off idea

The report compared three options: the status quo (Option A), a 10-club SPL2 breakaway leaving the SFL with 20 clubs but continuing the CIS Insurance Cup (Option B) and a 20-club league without the CIS Cup (Option C).

BBC: Last Updated: Monday, 5 March 2007, 10:13 GMT