The Scottish Premier League are proposing a merger with the SFL, a revised financial distribution model and more end of season play-offs.
Other features of the proposals include a revised financial distribution model and the merging of the SPL and SFL, with the Scottish Football Association having also been heavily involved in the protracted discussions.
The new measures agreed by top flight clubs on Tuesday shares much with the previous set of proposals with a revised financial distribution model, the introduction of play-offs between the top two divisions and a pyramid structure below the fourth tier still on the agenda.
"We did hope that the council could consider revised financial figures from us, but we understand that legally they can only look at what was submitted by the closing date of the process".
Four days before the SFL gathering, Scottish Premier League clubs will vote on the proposals, which would involve two top divisions of 12 splitting into three leagues of eight midway through the season, a merger of the two league bodies and revised financial distribution model.
The proposal would require Mr. Gulotta to submit revised financial plans to the Legislature on a quarterly basis, so that adjustments could be made sooner if revenues were not met or agencies were spending more than they were allotted.
A revised financial distribution and the merging of the SPL and SFL were included in the plans.
THE NEWS Treasury Secretary Timothy F. Geithner outlined a revised financial bailout plan on Tuesday that would flood the banking system with as much as $2.5 trillion, much of it public money, to shore up struggling banks' capital, take distressed assets off their hands and help them lend more to businesses and consumers.
Although revised financial estimates suggested that the height should be cut back, the caché of having the world's tallest building was considerable and instead an additional five stories were added to ensure the building, at 1050 feet, would be just taller than the Chrysler.
