Milne released a statement on RedWeb which said: "As we indicated two weeks ago there are many matters that have to be resolved regarding Rangers.
"Traditionally we have preferred not to make public our voting intentions, but in light of the level of interest and the fact other clubs have chosen to show their hand, on this occasion I can confirm it is our intention to oppose readmission to the SPL for any Rangers NewCo.
"If readmission were to be refused, we believe the appropriate course of action would be for Rangers NewCo to apply for membership to the SFA and to submit an application for admission to the SFL.
"One of our major objectives has to be to work with everyone concerned to ensure that the commercial challenges that this case has and will continue to cause can be mitigated as far as they possibly can so that sporting integrity can be the overriding factor.
"Reorganisation of the game is a priority and is something we have been actively involved in for a long time, but it is not something that should be rushed through just to deal specifically with one club.
"As we have indicated there are a number of other areas that we feel need to be addressed openly in the coming period if Scottish football fans are to feel that their views have been properly taken into account."