Aberdeen have announced plans to wipe out their debts of almost £15m.

Neil Lennon does not believe Rangers or Aberdeen will spend big in their bid to catch up with Celtic but warned that the Parkhead club have the cash in reserve to see off any would-be challengers.

Aberdeen chairman Stewart Milne today accused St Mirren of putting Scottish football in danger after the Paisley club combined with Ross County to veto league reconstruction plans.

Charles Green’s hopes of launching his newco Rangers in the Clydesdale Bank Premier League were dashed today when the number of confirmed objectors among the clubs doubled to six.