Football watchdogs were correct to fine Newcastle owner Mike Ashley, a court has heard.

Advocate Aidan O'Neill QC told judge Lord Brodie that the businessman broke SFA dual ownership regulations when his firm acquired shares in Rangers.

He said the Scottish Football Association were correct to fine him £1,000 last year.

Mr O'Neill added the rules are "in place to help the promotion of football. It is not just about the players and the teams at the highest level."

He was speaking on the second day of a judicial review at the Court of Session in Edinburgh.

Mr Ashley, who owns Sports Direct, has brought a case against the SFA. His lawyers have arguing that the organisation made the wrong decision when they fined him for taking an 8.92 per cent share in the Glasgow team.

Advocate Craig Sandison QC told the court that it was Mr Ashley's company - MASH Holdings - that controlled the Rangers shares.

Mr Sandison said the SFA should have appreciated the difference and not have fined Mr Ashley.

Lord Brodie said he would issue his decision oat some time in the immediate future.