Old Firm eye bonanza if Premier switch happens

THE Old Firm can become financial powerhouses if they are allowed to join the Premier League, according to the author of an annual report on Scottish football’s finances.

David Glen, a partner at PricewaterhouseCoopers, believes the prospect is more likely to occur than ever before because of the nature of the latest proposal.

Bolton chairman Phil Gartside has formulated a plan for two 18-team divisions, the second of which would initially include Celtic and Rangers.