Slap it into them.
I may be called biased, but their punishment doesn't seem one bit harsh to me. 10 point deduction - which has been proven as meaningless - and no European football are both products of entering Administration and apply to every club. A 12 month transfer embargo is well deserved too, afterall, Rangers have been signing players with money that isn't theirs for over a decade, they have been using tax-payers money to fund the fee's and wages of these players to gain success. Nevermind not being allowed to sign players for 12 months, every trophy and success they gained whilst fielding players bought illegally should be reviewed and discredited where necessary.
The fact that threats were sent to those who were sat on the panel sums up their club as a whole. They are a odious, repugnant excuse for a football club who spread hate where-ever they go. I have seen people mention the religious divide between the clubs and in Scotland as a whole. This religious divide is mostly persuaded by Rangers - a club who refused to sign a Catholic player until 1989, and this was met with representatives saying "It was a sad day to see a Roman Catholic at Ibrox". They also refused to employ Catholics and discriminated against those who married a Catholic. Even once they went into Administration their fans stated that "Catholics should be shown the door first" and that "This is what happens when you let Taigs into the club". It's no wonder there is a divide when one side has such a deep-rooted hatred for the large majority of the other sides supporters simply because of their Religion.
On the other hand, Celtic have always been a club welcome to all. Some of the greatest men to pass through our gates have been Protestant. And I'm not saying Celtic don't have a Sectarian problem, but it is far less than that of Rangers' problem and something Celtic as a club have tried to eradicate fully.
Added to the fact that Rangers fans taunt the Irish Famine every 2nd week at Ibrox, sing about being "Up to our knee's in Fenian blood", making **** salutes whilst in Isreal for a European game, trashing every city they visit (Manchester). Etc etc.
Since the idea that Rangers may actually be liquidated, there has been various views that it could actually mean the end of the bigotry and hatred deep-rooted in Scottish football. So I'm not gonna say I'm not enjoying Rangers squirm at the thought that their "Quintessential (HA) British Club" could actually cease to exist. In fact, I actually love the idea of a world without Rangers Football Club. Football, and Scotland in general would be a much nicer place without that lot.
Do I hate them enough to pass off the damage it could do to my club? Of course not. My hatred of Rangers is nothing to my love of Celtic, so if we 'need' Rangers to survive, then it's something I'll accept. Do I believe that? Not fully, no. I've never subscribed to the view that Celtic need Rangers to prosper, and in fact it seems to only be Rangers fans and non-Scottish football fans who believe it. I seem to remember that the last time Rangers were languishing in the league and fell from power it granted other teams a chance and they prospered under this. It's not like the TV deals and Sponsorship deals we receive go much to adding to our finances, in fact, the deals are absolutely pitiful. I believe, well admittedly half-believe, that a league without Rangers would see other clubs like Hearts and Motherwell prosper, by this it is natural that they will gain more finances - from better sponsorship, more merchandise being sold due to added fan interest, more revenue from gate receipts etc. You can see when big occasions like Cup Finals and Derbies come along that teams like Hearts attract a bigger support than their regular attendance every second week. So if they're up there challenging for the league then it must be natural for them to attract this extra support. And all those Rangers fans have to go somewhere, right? Be it a local team or latch onto their neighbours, Hearts.
Like I said, I only half-believe this theory. But at the end of the day, it isn't impossible. But for now, I'll not begrudge - and in fact I'll join in on laughing at Rangers fans squirm and despair at the thought of not having a club they can use to vent their hatred at anything green they see.