Andy Gray laughs as Richard Keys raises pertinent Rangers and Man City question

Rangers' previous financial issues have been back in the spotlight amid Manchester City's mass charges.

City were last week found guilty of breaching 114 of the 115 charges they faced.

The period ranges from 2009-10 to 2017-18 and covers player and manager payments.

While City maintain their innocence and intend to appeal the decision, others are already speculating what their punishment may be.

One suggestion has been relegation, potentially down multiple leagues, on top of a massive financial fine.

Rangers can relate to this, of course, after being placed in the fourth tier of Scottish football in 2012 after going into liquidation.

Could Rangers precedent be followed in Man City case?

It is worth noting that the two cases are different, but it is understandable why Rangers are being mentioned with regards to City's charges.

Rangers were made to work their way up the Scottish football pyramid, which could be the case for City in England in the most extreme case.

Speaking on the Keys & Gray Unleashed podcast on Monday, Richard Keys read out a question that asked if City will face a similar punishment to the Gers.

Andy Gray, who grew up a Rangers fans and played for the club, laughed at the suggestion.

However, he did then go on to say: "It's very close to most Rangers' fans hearts. The decision was made against Rangers, hurriedly, and made by the clubs rather than administrators.

"They voted en masse that Rangers should be relegated, subsequently not found guilty of the charges, yet had to make their way back up the leagues.

"Did it harm Rangers? Yes. It took a long time to get Rangers back to where they are. But I don't know what the differences are."

Gray added: "Rangers' players and supporters were very much punished. You'll remember it - there was a mass exodus.

"Nobody wanted to play in the fourth tier of Scottish football, so Rangers lost players hand over fist. Ally McCoist did a good job guiding them back.

"But at the time, the club was punished. It has to be a punishment for City, and one that fits the crime."

Scottish football 'set back 20 years' by Rangers decision

Plenty of pundits and media figures are having their say south of the border.

Sam Matterface reckons Scottish football was "set back 20 years" by Rangers' relegation.

He's not far wrong in a sense that the Old Firm rivalry was broken up for so long.

The good news is that is all firmly in the past and Rangers have since returned to the top of the pile.

If Man City are indeed relegated, though, Rangers fans are pretty much the only ones who will be able to truly relate.