Without really knowing the details of why any of the teams are in financial trouble I would say Rangers, simply because if they folded it would leave Celtic as the only half decent team in the league.
Port Vale. Rangers have managed to 'avoid' paying some £75m in tax etc. A tadge of an overisght. Pompey just want to rack up debts by the millions hoping each time they can screw every creditor by going into Admin again.
Rangers, because as another said it would be the death of football over the border if they disappeared. You cannot blame the fans for money over spent, stupid contracts etc, just look at the owners.
It wasn't us that sold the Goldstone for a song. Football is about passion and Rangers fans have that in abundance.To be honest its a tragedy any clubs get into this position because however big or small, there are fans just like ourselves wondering if they will have a club to support next week.
.
I would keep rangers because scottish football would be nothing without them! It is very annoying how they hog the sky sports news channel though... ssn should know that nobody outside of scotland cares!!
Port Vale because Doug Loft plays for them. Portsmouth have had their chances and I don't give a flying fig about scottish football being competitive. Rangers go under then Celtic can follow suit.
If Rangers are liquidated, I suspect the SFA might have to let the inevitable Phoenix club straight back into the SPL or it will be a Celtic procession for the next few years.