Quote EAGLEBLADE II="EAGLEBLADE II"What do you suggest then?'"
As you imply - it's difficult.  Obviously CW must be out of the game for ever - not that anyone would touch him with a bargepole anyway.  Short of making directors personally responsible for the club's debts, I don't see what can be done.  There's only so much policing of borrowing that the governing bodies can do. The stocks ?  That should be fun - as well as a bit of a deterrent.
Point I was making was that relegating Rangers does not, imho, create a winner.  Everyone loses.