The Scottish Premier League has invited Dundee FC to play in the top division to replace Rangers, which is in bankruptcy protection and will begin the new season in the fourth tier.
Glasgow giants Rangers were expelled from the top-flight after the end of last season following months of financial problems that saw the 140-year-old club enter administration.
And on Friday they were dropped into the Third Division of the Scottish Football League.
Following an SPL meeting Monday, a statement said: "It was agreed that Dundee FC would be invited to fill the space vacated by Rangers FC in the Clydesdale Bank Premier League."
Dundee, runners-up in the First Division, were competing with Dunfermline, relegated from the SPL last season, for a place in next term's top flight.
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Rangers, the most successful club in Scottish football history, had to form a new company or 'newco' after entering administration.
Rangers newco chief executive Charles Green and manager Ally McCoist were seen arriving at Hampden ahead of the meeting. But despite reports of a possible U-turn in recent days, SPL clubs agreed to work towards the decision made last week by Scottish Football League clubs to put the Ibrox club in the Third Division.
An SPL statement read: "It was agreed that the SPL would work with the Scottish FA, SFL and Rangers to facilitate Rangers FC taking their place in SFL Division 3 this season."
Dundee were Scottish champions in 1962 but have been out of the SPL since 2005. Their elevation will rekindle their own rivalry with Dundee United whose stadium is only a matter of a few hundred metres away.
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