The Scottish Premier League will not survive without Rangers, according to Raith Rovers vice-chairman Turnbull Hutton.
Newco Rangers failed to gain entry into next season's SPL after the current top-flight clubs voted overwhelmingly against their admission.
Hutton believes that without the Glasgow giants, the league is a "dead parrot" and "financially unsustainable". He also called for the competition to be overhauled.
"There could maybe be recognition from the top that accepts the SPL is dead, so let's wind it up," he said.
"It hasn't worked for the past 14 years, it has been a failure. It's all gone belly-up. Let's start again."
The Raith executive went on to say that he plans on voting against Newco Rangers' bid to secure a place in the Scottish First Division.
"We are being bullied and railroaded. We are being lied to by the Scottish FA and SPL," he added.
"It was a ridiculous document which came out last week whereby the threat was there that if you don't vote for an acceptance into the First Division, a breakaway SPL2 will come along.
"Those who didn't vote wouldn't be invited. What kind of game are we running here? It is corrupt."
The Scottish FA have yet to announce which club will take Rangers' place in the SPL.