Five Scottish Premiership clubs have appointed independent advisers to conduct a review of the FBCL.
Aberdeen, Dundee, Dundee United, Hearts and Hibernian say the main objective is to identify “ways to unlock significant additional income for the benefit of all”.
The five teams have encouraged other member clubs to engage in the process and have announced that they will publish key findings and recommendations once the process is complete in about six months.
It was also made clear that the review was not a measure to help the “bigger clubs”, with a statement from the five clubs adding that “a rising tide lifts all ships”.
The strategic review will cover four areas: business growth; the SPFL brand; Structure, governance, organization, resources, competition and strategic projects of the SPFL.
The league’s governing body approved the move.
Responding to this afternoon’s post, SPFL General Manager Neil Doncaster said: “The SPFL Board of Directors has already been in discussion with a number of clubs involved regarding this independent strategic review. We wholeheartedly welcome and support any initiative that has the good of the game at its heart.
“We know Deloitte well and the FBCL will play a full, active and positive role in the process and we look forward to seeing what proposals and innovations emerge. “