Is the phrase "The Old Firm" now redundant, given Celtic's insistance that Rangers' well-being is immaterial to theirs?
The connectivity of the two clubs in the minds of many fans, who care not a jot for the Glasgow pair, may have been broken with Rangers' desperate situation and Celtic's clear stance.
Celtic have been run prudently and with diligence. Rangers have not.
How might the ongoing situation affect the rest of Scottish football though?
As someone based far away from the parochialism of Glasgow, and who dips his toes in the waters of that city's big two only when the editor asks politely (see my last blog on Sir David Murray), I am more interested in what Rangers' changed circumstances might mean for the wider Scottish game.