The following statement has been issued on behalf of the Scottish FA, SPL and SFL:
"All three parties have been involved in productive discussions for some time on the subject of league reconstruction. This culminated in a positive meeting last night, out of which the two league bodies will now engage in a wider consultation with their member clubs.
"The discussions are based on the key principles for reconstruction outlined in the Henry McLeish Review of Scottish football:
* One league body in the senior game
* Promotion/relegation play-off between SPL and SFL First Division
* Single financial distribution model
* Pyramid system, with the potential for relegation from and promotion to the fourth tier
"Further consultation will take place in the near future, with the aim of reaching a positive outcome on a new model to take Scottish football forward."