Fenlon predicts tough times in SPL

Hibernian manager Pat Fenlon believes the demise of Rangers means Clydesdale Bank Premier League clubs will have to tighten their purse strings this year.

Newco Rangers had their Scottish Premier League application rejected last week and many clubs may suffer financially whilst the Ibrox club are not in the top flight.

Fenlon has acknowledged the need for caution but also revealed he hopes to add more players to his squad before the start of the new campaign.