The SPFL have announced an independent governance review after a settlement agreement was reached to end the dispute between the SPFL, Rangers FC and Park’s of Hamilton.
As part of the agreement, the SPFL board has now brought forward a governance review and has appointed a sub-committee to lead the process.
The sub-committee will be chaired by SPFL independent non-executive director Karyn McCluskey, who will be joined by SPFL Audit Committee members James MacDonald of Ross County and Chris McKay of Celtic.
The SPFL say the sub-committee will also appoint an external auditor who will carry out the following tasks and make recommendations to the board, within the context of the league's governing body's current articles, rules and regulations:
- a review of SPFL corporate governance policies and procedures
- a review of SPFL board meetings to assess the Board’s effectiveness and compliance with legal and regulatory requirements; and
- a review of SPFL internal control systems, to ensure they are effective in mitigating risks to the League.
An SPFL spokesperson added: “Given the increasing scale of the SPFL and its ambitious targets for further growth, the board has welcomed the opportunity to carry out a comprehensive and independent review of governance, ensuring that the league embraces the latest developments in best corporate practice.”