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The SFA have today revealed the list of Scottish clubs that have been awarded a licence to play in Europe.

Scotland will have one representative in the Champions League – Celtic – and three in the Europa League.

Currently, they are Aberdeen, Rangers and Hibs, although Motherwell will take the spot from the fourth-placed side in the Premiership should they win the Scottish Cup.

There has been fevered speculation online as to whether the SFA would grant Rangers a UEFA licence.

So-called experts cast this in doubt due to the finances of the Ibrox club.

The speculation was further fuelled by Dave King’s comments during his media briefing at the start of the week.

The Ibrox chairman was asked if the SFA asking Rangers for cash guarantees next season is unusual, to which King replied: "It’s not unusual in the sense that every club has to put a funding plan. You have to put your business plan for the next season to the authorities to get your SFA and UEFA licences. Every club does it. It’s known we are running at a loss so the automatic question is, ‘You’ve got a plan to run a loss, where is the money going to come from?’

"And we say we’re going to have a rights issue and they say, ‘Okay, what if it doesn’t happen, we need to know the cash is there,’ so I provided the cash guarantees as I did with the Takeover Panel on the understanding that my guarantees will be drawn down if there is not a rights issue and if there is an issue those guarantees will come back to me. So basically I am funding it until such time as the other funds come into play, which is fine."

But Hampden bosses have on Thursday given Rangers the go-ahead to compete in the Europa League and they will be guaranteed a place in UEFA competition if they don’t lose to Hibs on Sunday by six goals.

Here’s a taste of Twitter before the SFA confirmed their spot.