Rangers will not be playing in the Scottish Premier League next season after the clubs rejected the reformed Glasgow team's bid to play in the top division following bankruptcy.

The SPL says clubs on Wednesday ''voted overwhelmingly'' to exclude the indebted Rangers from Scotland's top-tier football.

Charles Green leads a consortium that last month purchased the assets of the 140-year-old club in a reported 5.5 million pound ($8.6 million) deal. He established a newco after British tax authorities had rejected a deal to save Rangers from bankruptcy as they seek to pursue individuals for money owed.

The club's tax debts of 21 million pounds ($32.5 million) are among the club's liabilities.

Rangers have won a record 54 domestic league titles.